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National Bank Notes > North Dakota

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Minot, First NB, 6429
Fr. 1801-2 $10 1929T2
Grade: PMG Ch. EF 45    

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This is the previously unknown fourth title from this bank that was organized on December 5, 1933. The bank printed only 260 $10 Type 2 and 20 Type 2 $20s. This example is a well centered beauty with a pinhole. Printed officer signatures of Robert E. Barron, President and W.E. Tooley, Cashier. Robert E. Barron was born in St. Paul, Minnesota, November 19, 1873. At the age of thirteen he was employed as a messenger in the German-American National Bank of St. Paul. He continued in that institution for thirteen years, being promoted from one position to another until he was advanced to the position of receiving teller. There he continued until 1901, when he resigned to become the cashier of the Great Northern Bank of Minot. The following year this bank was nationalized and the name changed to the Second National Bank. Mr. Barron continued as cashier until after the accidental death of the president. Joseph Roach, in October, 1913. In the following January Mr. Barron was elected to the office of chief executive of the bank. He was also a director of the First State Banks of Surrey and Burlington, North Dakota. Minot is the county seat of Ward County and is home to the North Dakota State Fair and Minot State University. With a population of 40,888 at the 2010 census, Minot is the fourth largest city in the state. Founded in 1886 during the construction of the Great Northern Railway, Minot is also known as "Magic City", commemorating its remarkable growth in size over a short time. It was named for Henry Davis Minot (1859-1890), a director of the Great Northern Railroad who was killed in a train wreck. The post office was established February 12, 1887 with Patrick H. McNamara as Postmaster. It incorporated as a city in 1887, replaced Burlington as the county seat of Ward County in 1888. The Minneapolis, St. Paul and Sault Ste. Marie Railroad (Soo Line) later built a line from Valley City to Canada, reaching Minot in 1893. When Prohibition arrived in the 1920s the city was nicknamed "Little Chicago", as it was a supply hub of Al Capone's liquor smuggling operations. Smugglers used a network of underground tunnels (some of which were previously built for heating or deliveries) to transport and conceal the illicit cargo entering from Canada. This border crossing from the Canadian border to Minot became known as "Whiskey Gap". Notable people from Minot include: Herro Mustafa, diplomat, senior adviser on the Middle East to Vice President Joe Biden, two North Dakota Governors: Ragnvald A. Nestos, 13th Governor and John Hoeven, 31st Governor, and famous actor Boris Karloff.

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