Broadway National Bank, Nashville, TN (Charter 9774)
Broadway National Bank, Nashville, TN (Chartered 1910 - Open past 1935)
Town History
Nashville is the capital and most populous city of Tennessee. It is the county seat of Davidson County and is the 23rd most-populous city in the United States.
Nashville was named for Francis Nash, a general of the Continental Army during the American Revolutionary War. The city was founded in 1779, and grew quickly due to its strategic location as a port on the Cumberland River and, in the 19th century, a railroad center. Nashville is a major center for the music industry, especially country music, and is commonly known as "Music City".
During the National Bank Note Era (1863-1935), the population of Nashville was 25,865 in 1870, steadily growing to 153,866 in 1930. It's highest and current population is estimated at 670,820 (2019).
Nashville had 15 National Banks chartered during the Bank Note Era, and 13 of those banks issued issued National Bank Notes. Nashville also had 16 Obsolete Banks that issued Obsolete Bank Notes during the Obsolete Bank Note Era (1782-1866).
Bank History
- Organized May 18, 1910
- Chartered Jun 8, 1910
- Conversion of The Broadway Bank and Trust Company, Nashville, TN. (Opened 1906)
- Bank was Open past 1935
The Broadway National Bank of Nashville was chartered in 1910. Alvin Edward Potter, Sr. became cashier and W. T. Hardison was president. A.E. Potter became president in 1912 and was president until he died unexpectedly in 1930. William M. Gupton, a former Nashville mayor (1917-1921), became bank president in 1930, and in January 1934, David Y. Proctor became president after Gupton left to become Nashville postmaster (1933-1948). Potter's son, A. E. Potter, Jr. (Ed), opened a bank in 1916 with his father's help that became Commerce Union Bank. In 1929, through stock manipulation, Ed was able to bring both banks under the management of the Potters.
The Broadway National Bank building now houses Blake Shelton's saloon, "Ole Red" where you can imbibe and think about history.
Official Bank Title(s)
1: Broadway National Bank of Nashville, TN
Bank Note Types Issued
A total of $2,474,510 in National Bank Notes was issued by this bank between 1910 and 1935. This consisted of a total of 306,589 notes (185,988 large size and 120,601 small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s Sheet Comments 1902 Date Back 4x5 1 - 12850 1902 Date Back 3x10-20 1 - 9980 1902 Plain Back 4x5 12851 - 26718 1902 Plain Back 3x10-20 9981 - 19779 1929 Type 1 6x5 1 - 7718 1929 Type 1 6x10 1 - 4694 1929 Type 1 6x20 1 - 1012 1929 Type 2 5 1 - 23794 1929 Type 2 10 1 - 12765 1929 Type 2 20 1 - 3498
Bank Presidents and Cashiers
First National Bank Presidents and Cashiers during the National Bank Note Era (1910 - 1936):
Presidents:
- William Thomas Hardison, (Sr.), 1910-1910
- Horace Greely Lipscomb, 1911-1911
- Alvin Edward Potter, (Sr.), 1912-1929
- William McNeal Gupton, 1930-1933
- David Young Proctor, 1934-1935
Cashiers:
- Alvin Edward Potter, (Sr.), 1910-1911
- John Foster Joyner, 1912-1913
- David Young Proctor, 1914-1929
- Clarence Carlyle Potter, (Sr.), 1930-1935
Other Known Bank Note Signers
Bank Note History Links
- Broadway National Bank, Nashville, TN History (NB Lookup)
- Davidson County Bank Note History (BNH Wiki)
- Tennessee Bank Note History (BNH Wiki)
Sources
- Bank History info from Greg Culpepper post in the facebook NBN Collectors Group, November 26, 2019.
- Nashville, TN, Wikipedia, https://en.wikipedia.org/wiki/Nashville,_Tennessee
- 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