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Bank Info for NB Charter 1247 (1865 - 1885)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Houghton, MI
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1865-1865 William Harris Ransom Sheldon
1866-1877 John Chassell Ransom Sheldon
1878-1878 J. W. Raymond (Asst) John Chassell
1879-1884 James B. Sturgis Z. Washington Wright
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 - 6400
Original Series 4x5 1 - 4250
Original Series 3x10-20 1 - 2840
Series 1875 3x1-2 1 - 1000
Series 1875 4x5 1 - 2205
Series 1875 3x10-20 1 - 668
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Apr 18, 1865
  • Chartered Jun 9, 1865
  • Liquidated Apr 18, 1885
  • Succeeded by 3334 (National Bank, Houghton, MI)
  • Notation on Organization Report:
  • New bank
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded by 3334 (National Bank, Houghton, MI)
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1865) $178,386
High Bal (1873) $904,659
Circulation Summary
Low Bal (1878) $45,000
High Bal (1877) $144,000
Total Out (1884) $45,000
# Large Notes 69,452
# Small Notes 0
# Total Notes 69,452
$ Large Size $341,500
$ Small Size $0
$ Total Issued $341,500
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Oct-02-1865 $178,386.00 $0.00
Oct-01-1866 $531,449.13 $141,500.00
Oct-07-1867 $565,161.55 $143,810.00
Oct-05-1868 $610,030.20 $143,238.00
Oct-09-1869 $679,235.13 $143,044.00
Oct-08-1870 $656,315.20 $141,078.00
Oct-02-1871 $737,648.14 $143,500.00
Oct-03-1872 $834,987.93 $143,500.00
Sep-12-1873 $904,659.46 $143,200.00
Oct-02-1874 $716,791.61 $135,935.00
Oct-01-1875 $712,266.64 $140,848.00
Oct-02-1876 $651,608.39 $142,148.00
Oct-01-1877 $612,246.37 $144,000.00
Oct-01-1878 $397,039.73 $45,000.00
Oct-02-1879 $189,388.68 $45,000.00
Oct-01-1880 $250,358.94 $45,000.00
Oct-01-1881 $297,822.98 $45,000.00
Oct-03-1882 $386,686.34 $45,000.00
Oct-02-1883 $503,966.93 $45,000.00
Sep-30-1884 $481,921.69 $45,000.00

 

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