- Organized Dec 6, 1889
- Chartered Dec 18, 1889
- 1: Succeeded Farley, Spear & Co
- 1: Closed Aug 31, 1891
- 1: Receivership Oct 7, 1891
- 1: Restored to solvency Feb 15, 1892
- 2: Assumed 2029 by consolidation May 19, 1903 (Merchants and Planters NB, Montgomery, AL)
- 2: Liquidated Jul 16, 1906
- 2: Consolidated with 1814 (First National Bank, Montgomery, AL)
- Bankers Magazine Succession Info (1863-1909):
- Succeeded Farley, Spear & Co.
|
Circulation Summary |
Low Bal (1894) |
$15,070 |
High Bal (1904) |
$250,000 |
Total Out (1905) |
$250,000 |
|
|
# Large Notes |
56,770 |
# Small Notes |
0 |
# Total Notes |
56,770 |
|
|
$ Large Size |
$838,250 |
$ Small Size |
$0 |
$ Total Issued |
$838,250 |
|
Report Date |
Total Resources |
Circulation |
Oct-02-1890 |
$309,063.95 |
$22,500.00 |
Sep-30-1892 |
$229,399.07 |
$22,500.00 |
Oct-03-1893 |
$258,533.66 |
$22,500.00 |
Oct-02-1894 |
$305,734.03 |
$15,070.00 |
Sep-28-1895 |
$352,432.02 |
$22,500.00 |
Oct-06-1896 |
$417,417.09 |
$22,500.00 |
Oct-05-1897 |
$462,975.88 |
$22,500.00 |
Sep-20-1898 |
$530,513.76 |
$22,500.00 |
Sep-07-1899 |
$590,301.76 |
$22,500.00 |
Sep-05-1900 |
$892,776.09 |
$76,000.00 |
Sep-30-1901 |
$1,053,959.16 |
$100,000.00 |
Sep-15-1902 |
$1,266,279.14 |
$87,600.00 |
Sep-09-1903 |
$3,033,466.51 |
$150,000.00 |
Sep-06-1904 |
$3,256,572.05 |
$250,000.00 |
Aug-25-1905 |
$3,411,307.00 |
$250,000.00 |
|