Central National Bank, Columbus, OH (Charter 9282)

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The Central National Bank Building, 152-156 South High Street, Columbus, Ohio, ca1970s. Courtesy of the Library of Congress

Central National Bank, Columbus, OH (Chartered 1908 - Liquidated 1921)

Town History

Columbus is the capital and most populous city of the U.S. state of Ohio. With a 2020 census population of 905,748, it is the 14th-most populous city in the U.S., the second-most populous city in the Midwest (after only Chicago), and the third-most populous U.S. state capital, after only Phoenix, Arizona and Austin, Texas. Columbus is the seat of government of Franklin County; it also extends into Delaware and Fairfield counties. It is the core city of the Columbus metropolitan area, which encompasses ten counties in central Ohio. It had a population of 2,138,926 in 2020, making it the largest metropolitan area entirely in Ohio and 32nd-largest metro area in the U.S.

Columbus originated as numerous Native American settlements on the banks of the Scioto River. Franklinton, now a city neighborhood, was the first European settlement, laid out in 1797. The city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and laid out to become the state capital. The city was named for Italian explorer Christopher Columbus. The city assumed the function of state capital in 1816 and county seat in 1824. Amid steady years of growth and industrialization, the city has experienced numerous floods and recessions. Beginning in the 1950s, Columbus began to experience significant growth; it became the largest city in Ohio in land and population by the early 1990s. Growth has continued in the 21st century, with redevelopment occurring in numerous city neighborhoods, including Downtown.

The city has a diverse economy without reliance on any one sector. The metropolitan area is home to the Battelle Memorial Institute, the world's largest private research and development foundation; Chemical Abstracts Service, the world's largest clearinghouse of chemical information; and the Ohio State University, one of the largest universities in the United States. The Greater Columbus area is further home to the headquarters of six Fortune 500 companies, namely Cardinal Health, American Electric Power, Bath & Body Works, Inc., Nationwide, Bread Financial and Huntington Bancshares.

Columbus had 17 National Banks chartered during the Bank Note Era, and 16 of those banks issued National Bank Notes.

Bank History

  • Organized November 12, 1908
  • Chartered November 28, 1908
  • Opened for business December 1, 1908
  • Liquidated September 3, 1921
  • Absorbed by Citizens Trust and Savings Bank of Columbus

In October 1908, the application of T.K. Stewart, Ferdinand Banmann, Fred Lazarus, M.S. Connors and R.P. Jones for authority to organize the Central National Bank of Columbus, Ohio, with a capital of $200,000 was approved.[1]

In January 1918, C.E. Born was elected president of the Dayton Adding Machine Company at a meeting of the stockholders for reorganization held in Columbus. The new president resigned his duties as president of the Central National Bank at Columbus. The new corporation was a million-dollar concern and would continue operation of the factory manufacturing adding machines and time locks at Fifth Street and Norwood Avenue, Dayton.[2] Walter B. Beebe was named president to succeed C. Edward Born.[3]

On April 3, 1921, Alfred Griffith (Al. G.) Field, dean of American minstrelsy, died at his Columbus home. Field was born Hatfield, the son of John and Mary Hatfield of Leesburg, Virginia. He dropped the "Hat" from his name when he entered the theatrical business in 1886. After working as a youth in his father's paint shop in Brownsville, Pennsylvania where the family moved soon after Al G. was born, Field entered show business. Field came to Columbus with the Sells Bros. who were Columbus men, remaining with them until 1886 when he organized the Al G. Field's Minstrels. This organization appeared every year since in the principal cities of the United States. Field's success in the minstrel field was almost spontaneous and he long had been recognized as the premier of this peculiarly American entertainment. He gained a reputation for the development of headline comedians including Bert Swor, "Lassus" White, Neil O'Brien, Doc Quigley, Bernard Granville, Ollie Young, Everhart and Harry Bolger. Between composing his productions, the minstrel found time for varied business interests. He was a director of the Central National Bank of Columbus and was interested in other financial institutions and business enterprises.[4]

Effective September 3, 1921, the voluntary liquidation of the Central National Bank of Columbus, Ohio, capitalized at $200,000, was approved by the comptroller of the currency. The bank was absorbed by the Citizens' Trust and Savings Bank of Columbus, with Howard C. Park as liquidating agent.[5]

Official Bank Title

1: The Central National Bank of Columbus, OH

Bank Note Types Issued

1902 Plain Back $10 bank note with stamped signatures of Howard C. Park, Cashier and Walter B. Beebe, President. Courtesy of Lyn Knight Auctions, www.lynknight.com

A total of $1,354,500 in National Bank Notes was issued by this bank between 1908 and 1921. This consisted of a total of 166,980 notes (166,980 large size and No 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 - 15000
1902 Date Back 3x10-20 1 - 11300
1902 Plain Back 4x5 15001 - 24425
1902 Plain Back 3x10-20 11301 - 17320

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1908 - 1921):

Presidents:

Cashiers:

Other Known Bank Note Signers

  • No other known bank note signers for this bank

Bank Note History Links

Sources

  • Columbus, OH, on Wikipedia
  • 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
  • Historic American Buildings Survey, C. (1933) Central National Bank Building, 152-156 South High Street, Columbus, Franklin County, OH. Ohio Franklin County Columbus. Documentation compiled after 1933. [Photograph] Retrieved from the Library of Congress, https://www.loc.gov/item/oh0017/. This is a collection of 8 photos of the bank.
  1. The Cincinnati Enquirer, Cincinnati, OH, Wed., Oct. 7, 1908.
  2. Dayton Daily News, Dayton, OH, Wed., Jan. 16, 1918.
  3. The Cincinnati Enquirer, Cincinnati, OH, Thu., Jan. 10, 1918.
  4. New Washington Herald, New Washington, OH, Fri., Apr. 8, 1921.
  5. The Cincinnati Enquirer, Cincinnati, OH, Wed., Sep. 14, 1921.