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Bank Info for NB Charter 7479 (1904 - 1933)

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Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Gavitt National Bank of
Lyons, NY
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1904-1905 Saxon Berry Gavitt, 2nd Saxon B. Gavitt, (1)
1905-1920 Saxon Berry Gavitt, 2nd William Seward Gavitt
1921-1921 George H. Milem William Seward Gavitt
1922-1927 George H. Milem Saxon Berry Gavitt, 2nd
1928-1932 F. Violet Knittel Saxon Berry Gavitt, 2nd
Other Known Bank Note Signers
Bank Note History Links
Bank Note Types Issued (VanBelkum)
Series/Type Sheet/Denoms Serial#s Sheet Comments
1902 Red Seal 3x10-20 1 - 3100
1902 Date Back 3x10-20 1 - 5000
1902 Plain Back 3x10-20 5001 - 11670
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Nov 15, 1904
  • Chartered Nov 18, 1904
  • Opened for business Jan 3, 1905
  • Conservatorship Mar 18, 1933
  • Liquidated Oct 16, 1933
  • Absorbed by 1027 (Lyons National Bank, Lyons, NY)
  • Notation on Organization Report:
  • Succeeds Private Bank of S. B. Gavitt
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1905) $368,327
High Bal (1930) $2,668,747
Circulation Summary
Low Bal (1916) $58,600
High Bal (1905) $60,000
Total Out (1924) $60,000
# Large Notes 59,080
# Small Notes 0
# Total Notes 59,080
$ Large Size $738,500
$ Small Size $0
$ Total Issued $738,500
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Aug-25-1905 $368,327.00 $60,000.00
Sep-04-1906 $426,410.00 $58,690.00
Aug-22-1907 $417,273.00 $59,200.00
Sep-23-1908 $449,572.00 $60,000.00
Sep-01-1909 $460,728.00 $59,300.00
Sep-01-1910 $447,499.00 $60,000.00
Sep-01-1911 $552,385.00 $60,000.00
Sep-04-1912 $703,719.00 $59,600.00
Aug-09-1913 $734,085.00 $59,250.00
Sep-12-1914 $851,169.00 $59,000.00
Sep-02-1915 $879,670.00 $60,000.00
Sep-12-1916 $867,091.00 $58,600.00
Sep-11-1917 $937,879.00 $59,880.00
Aug-31-1918 $939,803.00 $59,200.00
Sep-12-1919 $951,231.00 $60,000.00
Sep-12-1920 $1,087,556.00 $59,100.00
Sep-06-1921 $1,267,664.00 $59,200.00
Sep-15-1922 $1,310,569.00 $60,000.00
Sep-14-1923 $1,464,207.00 $59,300.00
Oct-10-1924 $1,588,436.00 $60,000.00
Sep-28-1925 $1,745,521.00 $0.00
Dec-31-1926 $2,092,067.00 $0.00
Oct-10-1927 $2,206,398.00 $0.00
Dec-31-1928 $2,566,699.00 $0.00
Dec-31-1929 $2,569,441.00 $0.00
Dec-31-1930 $2,668,747.00 $0.00
Dec-31-1931 $2,627,495.00 $0.00
Dec-31-1932 $2,504,616.00 $0.00

 

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