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Bank Info for NB Charter 1538 (1865 - 1874)

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Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Merchants National Bank of
Hastings, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1865-1866 Sidney Mills, Jr. John Loveband Thorne
1866-1869 Byron Cole Howes Wilson J. Van Dyke
1870-1873 J. C. Norton Wilson J. Van Dyke
Other Known Bank Note Signers
Bank Note History Links
Bank Note Types Issued (VanBelkum)
Series/Type Sheet/Denoms Serial#s Sheet Comments
Original Series 3x1-2 1 - 3800
Original Series 4x5 1 - 2375
Original Series 3x10-20 1 - 1180
Smithsonian NBN Proof Links (Huntoon Index)
  • (No Smithsonian Proofs available for Charter 1538)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jun 24, 1865
  • Chartered Aug 26, 1865
  • Liquidated Feb 7, 1874
  • Notation on Organization Report:
  • Conversion of Thornes Bank
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Thorne's Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1872) $248,390
High Bal (1873) $288,234
Circulation Summary
Low Bal (1872) $88,264
High Bal (1868) $89,836
Total Out (1873) $89,709
# Large Notes 29,420
# Small Notes 0
# Total Notes 29,420
$ Large Size $125,500
$ Small Size $0
$ Total Issued $125,500
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Oct-02-1865 $0.00 $0.00
Oct-01-1866 $254,045.35 $88,651.00
Oct-07-1867 $264,030.85 $89,822.00
Oct-05-1868 $258,316.25 $89,836.00
Oct-09-1869 $272,738.78 $89,320.00
Oct-08-1870 $270,249.90 $89,201.00
Oct-02-1871 $262,535.30 $88,946.00
Oct-03-1872 $248,390.25 $88,263.64
Sep-12-1873 $288,233.84 $89,709.00

 

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