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Bank Info for NB Charter 1023 (1865 - 1905)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Merchants National Bank of
Portland, ME
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1865-1872 Charles Payson Rensellaer Cram
1873-1875 Charles Payson Jacob McLellan
1876-1876 Charles Payson Rensellaer Cram
1877-1887 Charles Payson Jacob McLellan
1888-1889 Charles Payson George S. Hunt
1890-1892 Jos. E. Gilman George S. Hunt
1893-1895 C. O. Bancroft George S. Hunt
1896-1899 C. O. Bancroft James Phinney Baxter
1900-1905 C. O. Bancroft Geo. Burnham, Jr.
Other Known Bank Note Signers
  • No other known bank note signers for this bank
Bank Note History Links
Bank Note Types Issued (VanBelkum)
Series/Type Sheet/Denoms Serial#s Sheet Comments
Original Series 3x1-2 1 - 6000
Original Series 4x5 1 - 6750
Original Series 3x10-20 1 - 1900
Original Series 50-100 1 - 1154
Original Series 500 1 - 170
Series 1875 3x1-2 1 - 2000
Series 1875 4x5 1 - 9250
Series 1875 3x10-20 1 - 4189
Series 1875 50-100 1 - 653
Series 1875 500 1 - 9
1882 Brown Back 4x5 1 - 29196
1882 Brown Back 3x10-20 1 - 3408
1882 Brown Back 50-100 1 - 507
1902 Red Seal 4x5 1 - 190
1902 Red Seal 3x10-20 1 - 152
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Mar 28, 1865
  • Chartered Apr 17, 1865
  • Liquidated Sep 30, 1905
  • Absorbed by Portland Trust Company
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Merchants Bank
  • Consolidated with Portland Trust Co.
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1865) $1,023,598
High Bal (1905) $2,494,122
Circulation Summary
Low Bal (1865) $45,000
High Bal (1867) $270,000
Total Out (1905) $49,200
# Large Notes 256,947
# Small Notes 0
# Total Notes 256,947
$ Large Size $1,866,770
$ Small Size $0
$ Total Issued $1,866,770
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Oct-02-1865 $1,023,598.41 $45,000.00
Oct-01-1866 $1,412,695.94 $255,000.00
Oct-07-1867 $1,156,835.26 $270,000.00
Oct-05-1868 $1,182,085.69 $269,000.00
Oct-09-1869 $1,234,836.72 $270,000.00
Oct-08-1870 $1,172,064.09 $270,000.00
Oct-02-1871 $1,270,060.27 $268,900.00
Oct-03-1872 $1,162,476.01 $269,200.00
Sep-12-1873 $1,093,008.78 $270,000.00
Oct-02-1874 $1,092,710.85 $258,750.00
Oct-01-1875 $1,120,621.42 $270,000.00
Oct-02-1876 $1,130,076.70 $265,000.00
Oct-01-1877 $1,118,014.62 $269,000.00
Oct-01-1878 $1,108,424.04 $267,000.00
Oct-02-1879 $1,093,611.21 $269,000.00
Oct-01-1880 $1,246,949.06 $267,800.00
Oct-01-1881 $1,222,710.90 $270,000.00
Oct-03-1882 $1,247,471.32 $270,000.00
Oct-02-1883 $1,310,415.57 $267,100.00
Sep-30-1884 $1,253,280.56 $270,000.00
Oct-01-1885 $1,240,151.76 $260,800.00
Oct-07-1886 $1,174,116.03 $244,800.00
Oct-05-1887 $1,041,821.09 $45,000.00
Oct-04-1888 $1,065,459.61 $45,000.00
Sep-30-1889 $1,124,680.18 $45,000.00
Oct-02-1890 $1,087,992.91 $45,000.00
Sep-25-1891 $1,242,211.28 $45,000.00
Sep-30-1892 $1,095,279.36 $45,000.00
Oct-03-1893 $1,258,266.07 $90,000.00
Oct-02-1894 $1,289,445.51 $90,000.00
Sep-28-1895 $1,383,868.29 $133,360.00
Oct-06-1896 $1,500,016.30 $201,210.00
Oct-05-1897 $1,699,234.69 $225,000.00
Sep-20-1898 $1,695,408.68 $221,320.00
Sep-07-1899 $1,696,230.27 $135,000.00
Sep-05-1900 $1,768,824.76 $100,000.00
Sep-30-1901 $1,867,662.68 $50,000.00
Sep-15-1902 $2,135,080.88 $48,600.00
Sep-09-1903 $2,331,614.72 $61,000.00
Sep-06-1904 $2,407,895.16 $50,000.00
Aug-25-1905 $2,494,122.00 $49,200.00

 

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