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Bank Info for NB Charter 1407 (1865 - 1873)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Merchants National Bank of
Memphis, TN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1865-1865 * none * R. S. Daniel
1866-1866 Richard C. Daniel William Harrell Cherry
1867-1867 John J. Freeman William Harrell Cherry
1868-1869 Hiram Alexander Partee William Harrell Cherry
1870-1871 John J. Freeman Amos Woodruff
1872-1872 John J. Freeman Richard C. Daniel
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 4x5 1 - 7300
Original Series 3x10-20 1 - 2496
Smithsonian NBN Proof Links (Huntoon Index)
  • (No Smithsonian Proofs available for Charter 1407)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jun 20, 1865
  • Chartered Jul 8, 1865
  • Liquidated Aug 30, 1873
  • Consolidated with 2127 (State NB/Central-State NB, Memphis, TN)
  • Notation on Organization Report:
  • New bank
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded by State National Bank (Charter No. 2127)
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1865) $284,611
High Bal (1866) $1,123,229
Circulation Summary
Low Bal (1866) $220,000
High Bal (1871) $225,000
Total Out (1872) $225,000
# Large Notes 39,184
# Small Notes 0
# Total Notes 39,184
$ Large Size $270,800
$ Small Size $0
$ Total Issued $270,800
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Oct-02-1865 $284,610.77 $0.00
Oct-01-1866 $1,123,229.48 $220,000.00
Oct-07-1867 $880,603.33 $220,000.00
Oct-05-1868 $703,235.12 $220,000.00
Oct-09-1869 $796,016.73 $222,250.00
Oct-08-1870 $1,064,798.07 $222,250.00
Oct-02-1871 $840,677.96 $225,000.00
Oct-03-1872 $840,859.67 $225,000.00

 

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