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National Bank Notes > North Dakota

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La Moure, First NB, 6690
Fr. 598 $5 1902PB
Grade: PMG Ch. VF 35 EPQ    

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This is one of two national banks from this town, named the same as the county. The bank printed 13,843 sheets of large size notes and this example is the best of the eight large notes reported. A lovely, well centered note with excellent black stamped signatures of David Lloyd, President and R.S. Lowe, Cashier. David Lloyd, president of the First National Bank of La Moure, was born near Madison, Wis. on May 21, 1849. At seventeen years of age, he had taken up the profession of teaching and for fteen years he continued farming. In 1883 he arrived in La Moure and rst engaged in the lumber trade, organizing the Wisconsin Lumber Company. Mr. Lloyd later sold his interests in the business in order to give his attention exclusively to the buying and selling of land and to making loans on farm mortgages, having established business along those lines in 1885. He was president of the First National Bank of La Moure, and a stockholder in the State Bank at Mt. Horeb, Wis., and the Ridgeway State Bank at Ridgeway, Wis. La Moure is the county seat of La Moure County. The population was 889 at the 2010 census. The town was platted in October 1882 by the Wells-Dickey Land Co. as a station for the Northern Pacific Railroad, which came in 1883. It was named for Judson La Moure, who came to Dakota Territory from Quebec, Canada in 1860 before it was a territory, and served in the territorial and state legislatures until 1912. La Moure County, and the villages of Jud and Judson are also named for Mr. La Moure. The post office was established December 13, 1882 with Norris B. Wilkinson as Postmaster. It was designated as county seat in 1886, and incorporated as a city in 1905 with C. W. Davis mayor. A peak population of 1,077 was reached in 1980. La Moure was one of eight global transmission sites of the Omega Navigation System until its closure on September 30, 1997. Omega was the first truly global radio navigation system for aircraft, operated by the United States in cooperation with six partner nations including antennae locations in Norway, Trinidad, Liberia, Japan, Reunion, Argentina, and Australia. It enabled ships and aircraft to determine their position by receiving very low frequency (VLF) radio signals transmitted by a network of fixed terrestrial radio beacons, using a receiver unit. It became operational around 1971 and was shut down in 1997. The La Moure station is now used for VLF communication purposes of the US Navy.

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