Atlantic National Bank, Jacksonville, FL (Charter 6888)
Atlantic National Bank, Jacksonville, FL (Chartered 1903 - Closed (Merger) 1987)
Town History
Jacksonville is the most populous city in Florida, and is the largest city by area in the contiguous United States as of 2020. It is the seat of Duval County, with which the city government consolidated in 1968. Consolidation gave Jacksonville its great size and placed most of its metropolitan population within the city limits. As of 2020, Jacksonville's population is 949,611, making it the 12th most populous city in the U.S., the most populous city in the Southeast, and the most populous city in the South outside of the state of Texas. With a population of 1,605,848, the Jacksonville metropolitan area ranks as Florida's fourth-largest metropolitan region.
Jacksonville is centered on the banks of the St. Johns River in northeast Florida, about 25 miles south of the Georgia state line and 328 miles north of Miami. The Jacksonville Beaches communities are along the adjacent Atlantic coast.
Harbor improvements since the late 19th century have made Jacksonville a major military and civilian deep-water port. Its riverine location facilitates Naval Station Mayport, Naval Air Station Jacksonville, the U.S. Marine Corps Blount Island Command, and the Port of Jacksonville, Florida's third largest seaport. Jacksonville's military bases and the nearby Naval Submarine Base Kings Bay form the third largest military presence in the United States. Significant factors in the local economy include services such as banking, insurance, healthcare and logistics. As with much of Florida, tourism is important to the Jacksonville area, particularly tourism related to golf. People from Jacksonville are sometimes called "Jacksonvillians" or "Jaxsons" (also spelled "Jaxons").
Jacksonville had 10 National Banks chartered during the Bank Note Era, and nine of those banks issued National Bank Notes. Jacksonville also had two Obsolete Banks that issued Obsolete Bank Notes during the Obsolete Bank Note Era (1782-1866).
Bank History
- Organized May 21, 1903
- Chartered July 16, 1903
- Opened for business August 1, 1903
- Succeeded 3327 (NB of the State of Florida, Jacksonville, FL)
- Absorbed 9628 Dec 29, 1913 (Fourth National Bank, Jacksonville, FL)
- Assumed The American Trust Co., Jacksonville Feb 8, 1934
- Bank was Open past 1935
- For Bank History after 1935 see FDIC Bank History website
- Acquired at least 32 Florida banks before Closed/Merged into the Commerce National Bank in Naples, FL. May 6, 1987.
- Eventually became part of current Wells Fargo Bank, NA.
The new Atlantic National Bank capitalized at $3 million planned to begin operations on the first floor of the Dyal-Upchurch building in Jacksonville on July 1, 1903, buying out the National Bank of the State of Florida of which J.N.C. Stockton was president. Mr. Stockton had great success in phosphate mining and it was thought he would confine his future business to mining pursuits. Organizers were Edward W. Lane, Thomas P. Denham, F.W. Hoyt and associates. Business began on August 1, 1903.
In 1909, the new headquarters building was completed at 121 West Forsyth Street, now known as 121 Atlantic Place, and was the tallest building in Florida from 1909 to 1912.
On January 19, 1920, The Atlantic National Bank of Jacksonville, Florida formally opened to the public its new banking room. The old banking room had been remodeled and an extension constructed making the banking room extend through the entire block from Forsyth to Adams Streets, two hundred and ten feet in depth with entrances on both streets. Several additional vaults were constructed and the interior work harmonized with the new building. The cages were of Italian Bresch opal marble with a top of ornamental cast bronze and glass. All the wood work was of San Jago mahogany cabinet built and hand finished. The deal plates and counter tops were of black Carrara glass, making the most sanitary of surfaces known to modern builders. The Grecian order of architecture was carried out in detail. Berry's well known band furnished music throughout the afternoon and evening; the thousands of visitors were served cigars and candy. The bank, having deposits of over $20 million and over 20,000 individual and corporate accounts, was the largest in the state.
Official Bank Title(s)
1: The Atlantic National Bank of Jacksonville, FL
Bank Note Types Issued
A total of $12,245,350 in National Bank Notes was issued by this bank between 1903 and 1987. This consisted of a total of 1,459,888 notes (905,480 large size and 554,408 small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s Sheet Comments 1902 Red Seal 4x5 1 - 16000 1902 Red Seal 3x10-20 1 - 10100 1902 Red Seal 50-100 1 - 2000 1902 Date Back 4x5 1 - 31000 1902 Date Back 3x10-20 1 - 21100 1902 Date Back 50-100 1 - 200 1902 Plain Back 4x5 31001 - 123270 1902 Plain Back 3x10-20 21101 - 75900 1929 Type 1 6x5 1 - 45550 1929 Type 1 6x10 1 - 33878 29490 Not issued 1929 Type 1 6x20 1 - 8766 1929 Type 1 6x100 1 - 378 1929 Type 2 5 1 - 17102 1929 Type 2 10 1 - 5100 1929 Type 2 20 1 - 780
Bank Presidents and Cashiers
Bank Presidents and Cashiers during the National Bank Note Era (1903 - 1987):
Presidents:
- Edward Wood Lane, 1903-1927
- Thomas Palmer Denham, 1928-1928
- John Thomas Walker, Jr., 1929-1933
- Edward Wood Lane, 1934-1935
Cashiers:
- Thomas Palmer Denham, 1903-1909
- Delmer Demond Upchurch, 1910-1914
- David K. Catherwood, 1915-1918
- William Irwin Coleman, 1919-1923
- Clarence Olney Little, 1924-1925
- Gerald E. Therry, 1926-1932
- James Taliaferro Lane, 1933-1935
Other Known Bank Note Signers
- No other known bank note signers for this bank
Bank Note History Links
- Atlantic National Bank, Jacksonville, FL History (NB Lookup)
- First National Bank of Gainesville, Florida, Charter 3894 (SPMC PM#72)
- Florida Bank Note History (BNH Wiki)
Sources
- Jacksonville, FL, Wikipedia, https://en.wikipedia.org/wiki/Jacksonville,_Florida
- Don C. Kelly, National Bank Notes, A Guide with Prices. 6th Edition (Oxford, OH: The Paper Money Institute, 2008).
- Dean Oakes and John Hickman, Standard Catalog of National Bank Notes. 2nd Edition (Iola, WI: Krause Publications, 1990).
- Banks & Bankers Historical Database (1782-1935), https://spmc.org/bank-note-history-project
- The Tampa Tribune, Tampa, FL, Sat., May 30, 1903.
- The New Enterprise, Madison, FL, Thu., July 30, 1903.
- Tampa Bay Times, St. Petersburg, FL, Wed., Jan. 21, 1920.