Unique Large Size

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National Bank Notes > North Dakota

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Parshall, First NB, W11226
Fr. 606 $5 1902PB
Grade: PMG Fine 12    

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Parshall is a small community in Mountrail County that had just one national bank. The bank was organized on July 25, 1918, issuing 4,322 sheets of $5 Plain Backs and some small size before going into receivership on August 8, 1931. This is the only known surviving example of a large size note on this bank. The note is pleasing, evenly circulated and with exceptional blue signatures of O.N. Berg, Vice President and indistinguishable cashier's. Parshall, in Mountrail County, lies within the jurisdictional boundaries of the Mandan, Hidatsa, and Arikara Nation and is located 10 minutes from Lake Sakakawea on the Fort Berthold Indian Reservation. The population was 903 at the 2010 census; it reached a peak population of 1,246 in 1970. Parshall is perhaps best known nationally as the town within, and providing the name for, the Parshall oil field, a very productive area of oil development. The Soo Line Railroad town was founded in 1914 and named for George Parshall, a Hidatsa Indian who had surveyed the townsite and was a mail stage driver in the area. The post office was established February 16, 1914 with Mrs. Gertrude M. Larin as Postmaster. The village incorporated in 1915, and it became a city in 1917 with Scott J. Hurst mayor. Parshall is home to The World Famous Paul Broste Rock Museum. This unique museum displays rock specimens from all over the world. On February 15, 1936 Parshall recorded a temperature of -60'F, a state record low, and on July 12, 1936, less than five months later, the temperature hit 112'F, a variance that is believed to be a world record.

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