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Bank Info for NB Charter 2306 (1875 - 1905)

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Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Merchants National Bank of
Waterville, ME
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1876-1877 George Homer Ware John Ware, Sr.
1878-1878 George Homer Ware John Ware, (Jr.)
1879-1904 Horatio Dennis Bates John Ware, (Jr.)
1904-1905 Horatio Dennis Bates Cyrus William Davis
Other Known Bank Note Signers
Bank Note History Links
Bank Note Types Issued (VanBelkum)
Series/Type Sheet/Denoms Serial#s Sheet Comments
Series 1875 3x1-2 1 - 1880
Series 1875 3x10-20 1 - 4600
1882 Brown Back 3x10-20 1 - 6149
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Aug 4, 1875
  • Chartered Oct 23, 1875
  • Liquidated Jun 1, 1905
  • Absorbed by Waterville Trust Company, Waterville
  • Bankers Magazine Succession Info (1863-1909):
  • Consolidated with Waterville Trust Co.
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1876) $192,371
High Bal (1903) $414,290
Circulation Summary
Low Bal (1894) $20,960
High Bal (1901) $100,000
Total Out (1904) $98,350
# Large Notes 50,516
# Small Notes 0
# Total Notes 50,516
$ Large Size $546,850
$ Small Size $0
$ Total Issued $546,850
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Oct-02-1876 $192,371.31 $65,868.00
Oct-01-1877 $196,684.14 $75,939.00
Oct-01-1878 $214,392.24 $87,318.00
Oct-02-1879 $223,895.12 $89,959.00
Oct-01-1880 $243,612.38 $89,200.00
Oct-01-1881 $255,162.88 $90,000.00
Oct-03-1882 $257,232.57 $90,000.00
Oct-02-1883 $259,096.63 $89,000.00
Sep-30-1884 $281,499.01 $90,000.00
Oct-01-1885 $301,348.27 $89,000.00
Oct-07-1886 $372,597.17 $89,600.00
Oct-05-1887 $312,287.82 $22,500.00
Oct-04-1888 $330,741.67 $22,500.00
Sep-30-1889 $297,398.12 $22,500.00
Oct-02-1890 $382,094.43 $22,500.00
Sep-25-1891 $313,334.68 $22,500.00
Sep-30-1892 $275,928.36 $22,000.00
Oct-03-1893 $302,921.76 $22,000.00
Oct-02-1894 $255,301.87 $20,960.00
Sep-28-1895 $249,549.51 $21,600.00
Oct-06-1896 $269,448.77 $21,050.00
Oct-05-1897 $275,109.78 $22,500.00
Sep-20-1898 $268,256.35 $21,800.00
Sep-07-1899 $306,090.91 $21,900.00
Sep-05-1900 $390,166.29 $98,600.00
Sep-30-1901 $398,020.84 $100,000.00
Sep-15-1902 $320,429.13 $25,000.00
Sep-09-1903 $414,289.68 $100,000.00
Sep-06-1904 $408,270.22 $98,350.00

 

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