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National Bank Notes > North Dakota

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Tower City, First NB, W6557
Fr. 616 $10 1902DB
Grade: PMG VF 30    

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A beautiful note from this Cass County community that was home to this bank. The bank was organized on December 9, 1902 and printed 9,003 sheets of large size National Bank Notes before it closed on December 10, 1929. The bank also printed 40 sheets of small size notes; there are 12 large notes reported on this bank. This note, with its dark stamped signatures of A.M. Voorhees, President and S.F. Sherman, Cashier, is quite lovely and it should be highly sought after. S.F. Sherman was born in Tower City Dec. 6, 1881. His father established a bank at Tower City, which he conducted for thirty years and which was known as the Tower City Bank. Upon completing his education at the University of Michigain S.F. Sherman entered his father's bank as assistant cashier, which office he held until 1903, when it was reorganized as the First National Bank, of which he became cashier. Tower City, in the Fargo metro area, is located in both Barnes and Cass Counties. The population was 253 at the 2010 census. The Northern Pacific Railroad station was officially founded on August 19, 1879; the name was selected to honor Charlemagne Tower Sr., a Northern Pacific Railroad official and the former owner of the site, then known as Spring Tank. The post office was established May 5, 1879 with Edgar Chapman as Postmaster and the village, which incorporated in 1881, reported a peak population of 800 in 1883.

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