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Bank Info for NB Charter 12497 (1924 - 1934)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Palisade National Bank of
Fort Lee, NJ
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1924-1928 A. J. Hughes H. D. Schall
1929-1929 * none * H. D. Schall
1930-1931 W. R. Leggett G. E. Clark
1932-1932 M. S. Corr G. E. Clark
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
1902 Plain Back 4x5 1 - 11027
1929 Type 1 6x5 1 - 1359
1929 Type 1 6x5 1995 - 7694
1929 Type 2 5 1 - 9906
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Feb 11, 1924
  • Chartered Feb 20, 1924
  • Conservatorship Mar 18, 1933
  • Liquidated Oct 31, 1934
  • Info from National Currency and Bond Ledgers (PH-3/10/2020):
  • Otherwise in Liq. as of Oct 31,1934. No final date of Liq.,
  • so use Oct 31,1934. Last entry a redemption on Jun 20,1934.
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1924) $254,907
High Bal (1928) $851,735
Circulation Summary
Low Bal (1927) $27,200
High Bal (1929) $50,000
Total Out (1932) $50,000
# Large Notes 44,108
# Small Notes 52,260
# Total Notes 96,368
$ Large Size $220,540
$ Small Size $261,300
$ Total Issued $481,840
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Oct-10-1924 $254,907.00 $30,000.00
Sep-28-1925 $474,453.00 $30,000.00
Dec-31-1926 $605,009.00 $30,000.00
Oct-10-1927 $704,756.00 $27,200.00
Dec-31-1928 $851,735.00 $28,400.00
Dec-31-1929 $776,821.00 $50,000.00
Dec-31-1930 $662,898.00 $48,800.00
Dec-31-1931 $514,599.00 $50,000.00
Dec-31-1932 $415,481.00 $50,000.00

 

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