DDR70s towns and banks with names involving water
Park Falls, WI First NB, Ch. # (M)10489 PMG 20 $5

Slot Comment:

Park Falls, WI First NB, Ch. # (M)10489 PMG 20 $5 1902 DB Fr. 597 SN 236/Y189903A pp D/354 dtd. Jan. 26, 1914. The total number of sheets issued by this bank was just under 5,000 with only 410 sheets of $5 DBs, and with a large size outstanding of $1,020, indicating limited possibilities for new dis...
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Note Details

  

Set Details
Note Description: $5 1902 Date Back
Grade: VF 20
Country: United States
Note Number: 597
Seal Type: Blue with Date Back
Signatures/
Vignettes: 		Parker
Burke
Certification #: 8064690-013
Owner: ddr70
Set Category: Nationals
Set Name: DDR70s towns and banks with names involving water
Slot Name: Park Falls, WI First NB, Ch. # (M)10489 PMG 20 $5
Research: See PMG's Census Report for this Note

Owner's Description

Park Falls, WI First NB, Ch. # (M)10489 PMG 20 $5 1902 DB Fr. 597 SN 236/Y189903A pp D/354 dtd. Jan. 26, 1914. The total number of sheets issued by this bank was just under 5,000 with only 410 sheets of $5 DBs, and with a large size outstanding of $1,020, indicating limited possibilities for new discoveries from here. This evenly circulated and well centered example has purple stamped signatures. This YA note would have been produced in 1914 shortly after the bank rec'd its charter. F.J. Kandutsch served as Cashier from the start (1914-18). J.B. Saunders signed as cashier yet didn't appear as Cashier in Comptroller of the Currency reports until 1919. The faded president's signature is that of G. Waldo also consistent with a note signed a few years after production. A fault-free, evenly-circulated example previously from the Chet Krause Collection.

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