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National Bank Notes > North Dakota

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Alexander, First NB, W11297
Fr. 606 $5 1902PB
Grade: PMG Ch. EF 45 EPQ    

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This was a short-lived bank in McKenzie County that was organized on January 22, 1917 and placed into receivership on April 15, 1924 after a short five year life. A total of 5,350 sheets of $5 notes were issued, with currently only four known survivors. This beautiful note has the appearance of an UNC note with light blue stamped signatures and a little red 'V' for vice president. Alexander, located in McKenzie County, is about halfway between Williston and Watford City on highway US 85. The population was 223 at the 2010 census. The town was founded in 1905 and was at first called Ragged Buttes, but within a short time it was renamed for Alexander McKenzie (1856-1922), the political boss from Bismarck, who is also the namesake of the county. Some say it was named for Alexander F. Bell, the town's first barber, for whom nearby Bell's Butte is named. The post office was established August 14, 1905 with Herbert W. Moore as Postmaster. It was made county seat when the county organized in 1905, but it was moved to Schafer in 1909. Alexander had a peak population of 415 in 1940. Arthur A. Link, Governor of North Dakota 1973-1981, was born here in 1914.

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