Boone National Bank, Boone, IA (Charter 6838)

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Postcard of the Boone National Bank building ca. 1909.

Boone National Bank, Boone, IA (Chartered 1903 - Liquidated 1925)

Town History

Boone is located in Boone County in central Iowa.

Boone was platted as a town in 1865 by John Insley Blair. It was incorporated the following year, when the Chicago and North Western Transportation Company railroad station was built there. The town was originally named "Montana"; it was renamed to Boone in 1871. The nearby town of Boonesboro was also chartered in 1866; Boonseboro was annexed to Boone in 1887. The present name is a tribute to Nathan Boone, son of explorer Daniel Boone.

During the National Bank Note Era, the population of Boone was 8,880 in 1900, increasing to 11,886 in 1930. It's highest population was 12,803 in 2000, and the current population is estimated at 12,470 (2018).

For more information on the town of Boone, see their Wikipedia page.

Bank History

Photo of the Boone National Bank building 2018. Courtesy of Google Maps.
  • Organized Jun 6, 1903
  • Chartered Jun 16, 1903
  • Liquidated Mar 24, 1925
  • Absorbed by Boone State Bank, Boone


Bank Note History Wiki links:

Official Bank Title(s)

1: The Boone National Bank

Bank Note Types Issued

1902 Red Seal $20 bank note with pen signatures of A. J. Wilson, Cashier and Elias Evans Hughes, President. Courtesy of Heritage Auctions, www.ha.com
1902 Plain Back $10 bank note with stamped signatures of George B. Irick, Cashier and John Cooper, President. Courtesy of Lyn Knight Currency Auctions, https://www.lynknight.com

A total of $750,400 in National Bank Notes was issued by this bank between 1903 and 1925. This consisted of a total of 60,032 notes (60,032 large size and 0 small size notes).

This bank issued the following Types and Denominations of bank notes:

Series/Type Sheet/Denoms Serial#s
1902 Red Seal 3x10-20 1 - 4550
1902 Date Back 3x10-20 1 - 7500
1902 Plain Back 3x10-20 7501 - 10458

Bank Presidents and Cashiers

Boone National Bank Presidents and Cashiers during the National Bank Note Era (1903 - 1925):

Presidents:

  • Elias Evans Hughes, 1903-1911
  • John Cooper, 1912-1920
  • Edwin M. Duroe, 1921-1924
  • Edwin M. Duroe, 1925-1925

Cashiers:

  • A. J. Wilson, 1903-1903
  • Theodore Lones Ashford, 1904-1910
  • Earl DeVere Carter, 1911-1911
  • George B. Irick , 1911-1922
  • Joseph Edward Snover, 1924-1924

Other Bank Note Signers

  • There are currently no known Vice President or Assistant Cashier bank note signers for this bank.

References

  • Boone, IA, Wikipedia, https://en.wikipedia.org/wiki/Boone,_Iowa
  • James C. Ehrhardt and Steven J. Sweeney, Iowa National Bank Notes (Okoboji, IA: The William J. Higgins, Jr. Foundation, 2006).
  • 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://bbdata.banknotehistory.com