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National Bank Notes > North Dakota

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Bismarck, First NB, 2434
Fr. 1801-2 $10 1929T2
Grade: PMG VF 20 Net    

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This note is one of six $10 Type 2s known and all appear in similar grade. There were 2,962 notes printed of this type. There is a '40' written in red ink crayon the face. Signing officers were Clarence Belden Little, President and Frank Emery Shepard, Cashier. PMG notes: annotation. Clarence Belden Little was born in Merrimack county, N.H., Nov. 18, 1857. He received his academic training at Dartmouth College and took a course in law at Harvard. He came to Bismarck in 1882. In 1885 he was elected judge of probate of Burleigh county and reelected in 1887; he organized the territorial militia and he was inspector general of the citizen soldiery whereby he came to the title of Colonel. He was elected a director of the Capital National Bank, of Bismarck. Two years later he became president of that institution, until 1895, when he bought control of the First National Bank of Bismarck, and, liquidating the Capital National, merged the two. He was senator from his district from the time of the organization of the state until 1909. Frank Emery Shepard was born in Boston, Mass., Oct. 13, 1868. Educated at Wooster Academy, he went to work as a young man in the First National Bank of Concord, NH. There he remained for many years until coming to Bismarck in 1910 where for 25 years he was vice president and cashier of the First National Bank and Trust Co. of Bismarck. Mr. Shepard was twice married. His first wife was Nettie Knox Little, sister of Col. C.B. Little, president of the First National Bank. In 1916, Mr. Shepard married Mrs. George Leonard, widow of Dr. George Leonard, a Mandan physician and surgeon. His step-son from this second marriage, E.W. Leonard, was vice president of the Bismarck bank. Bismarck, located on the east bank of the Missouri River, is the capital of North Dakota and the county seat of Burleigh County. It is the second most populous city in North Dakota after Fargo. The city's population was 61,272 at the 2010 census. The city was formed in 1872 as "Edwinton" after Edwin Ferry Johnson, a chief engineer for the Northern Pacific Railway company. The name was changed less than one year later (on July 17, 1873), honoring German chancellor Otto von Bismarck, in an effort to attract German immigrants. The discovery of gold in the nearby Black Hills in 1874 was the real impetus for growth. Bismarck became a freight-shipping center on the "Custer Route" from the Black Hills. In 1883, Bismarck became the capital of the Dakota Territory (when it moved from Yankton) and, in 1889, capital of the state of North Dakota. The first hospital for the Dakota Territory, Saint Alexius, was founded there in 1885. The 19-story state capitol building in Bismarck is one of only four tower-style capitols in the US. An observation floor at the top provides a panoramic view of Bismarck and the Missouri River Valley. Bismarck is the site of the state penitentiary, Bismarck State College, and the University of Mary.

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