Central National Bank, Richmond, VA (Charter 10080)
Central National Bank, Richmond, VA (Chartered 1911 - Closed (Merger) 1983)
Town History
Richmond is the capital city of the Commonwealth of Virginia. It was incorporated in 1742 and has been an independent city since 1871. As of the 2010 census, the city's population was 204,214; in 2020, the population grew to 226,610, making Richmond the fourth-most populous city in Virginia. The Richmond Metropolitan Area has a population of 1,260,029, the third-most populous metro in the state.
Richmond is at the fall line of the James River, 44 miles west of Williamsburg, 66 miles east of Charlottesville, 91 miles east of Lynchburg and 92 miles south of Washington, D.C. Surrounded by Henrico and Chesterfield counties, the city is at the intersections of Interstate 95 and Interstate 64 and encircled by Interstate 295, Virginia State Route 150 and Virginia State Route 288. Major suburbs include Midlothian to the southwest, Chesterfield to the south, Varina to the southeast, Sandston to the east, Glen Allen to the north and west, Short Pump to the west and Mechanicsville to the northeast.
The site of Richmond had been an important village of the Powhatan Confederacy, and was briefly settled by English colonists from Jamestown from 1609 to 1611. The present city of Richmond was founded in 1737. It became the capital of the Colony and Dominion of Virginia in 1780, replacing Williamsburg. During the Revolutionary War period, several notable events occurred in the city, including Patrick Henry's "Give me liberty or give me death" speech in 1775 at St. John's Church, and the passage of the Virginia Statute for Religious Freedom written by Thomas Jefferson. During the American Civil War, Richmond was the capital of the Confederacy.
The Main Street Banking Historic District is a national historic district located in downtown Richmond, Virginia.
Richmond had 11 National Banks chartered during the Bank Note Era, and all 11 of those banks issued National Bank Notes. Richmond also had one Obsolete Bank that issued Obsolete Bank Notes during the Obsolete Bank Note Era (1782-1866).
Bank History
- Organized September 7, 1911
- Chartered September 20, 1911
- Bank was Open past 1935
- Succeeded Branch of Bank of Commerce & Trust, Richmond, VA
- For Bank History after 1935 see FDIC Bank History website
- Merged into Central Fidelity Bank in Norfolk, VA Nov 14, 1983
Application to organize The Central National Bank of Richmond with capital of $250,000 was received by the Comptroller of the Currency in July 1911. Organizer were Charles Hutzler, W.H. Schwarzschild, J.F. Grimmel, B.B. Bowles, and W.C. Schmidt.
On September 20, 1911, a charter was issued and Charles Hutzler was president; Chas. A. Peple, first vice president; W.H. Schwarzschild, second vice president; and Philip E.W. Goodwin, cashier. To meet the demands for a National Bank on Broad Street, and having been authorized by the Treasury Department to begin business, the Central National Bank purchased the good will, lease and all other properties and assets of the Bank of Commerce, 307 East Broad Street. The Central National Bank occupied the same location and opened under new management on September 21, 1911. The Board of Directors consisted of R.L. Bailey, Chas. Hutzler, B.B. Bowles, D.C. Kennedy, F.W. Dabney, W. Fleet Kirk, E.A. Dietrich, C.A. Peple, Jas. R. Gordon, W.C. Schmidt, C. Fred Grimmell, W.F. Smith, H.R. Haase, W.H. Schwarzschild, O.A. Hawkings, J.O. Scott, and Moses Thalhimer.
Official Bank Title(s)
1: The Central National Bank of Richmond, VA
Bank Note Types Issued
A total of $9,032,420 in National Bank Notes was issued by this bank between 1911 and 1983. This consisted of a total of 1,119,388 notes (654,572 large size and 464,816 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 - 5330 1902 Date Back 3x10-20 1 - 4268 1902 Plain Back 4x5 5331 - 93907 1902 Plain Back 3x10-20 4269 - 69736 1929 Type 1 6x5 1 - 24933 1929 Type 1 6x5 28615 - 43782 24934-28614 Canceled due to obsolete signatures 1929 Type 1 6x10 1 - 12071 1929 Type 1 6x10 13767 - 23274 12072-13766 Canceled due to obsolete signatures 1929 Type 1 6x20 1 - 3369 1929 Type 1 6x20 4137 - 6686 3370-4136 Canceled due to obsolete signatures 1929 Type 2 5 1 - 36568 1929 Type 2 10 1 - 17649 1929 Type 2 20 1 - 5005
Bank Presidents and Cashiers
Bank Presidents and Cashiers during the National Bank Note Era (1911 - 1983):
Presidents:
Cashiers:
- Philip Ernest Williamson Goodwin, 1912-1920
- Holt Page, 1921-1928
- John Maffitt Miller, III, 1929-1929
- Holt Page, 1930-1933
- Marvin Lee Presson, 1934-1935
Other Bank Note Signers
- There are currently no known Vice President or Assistant Cashier bank note signers for this bank.
Wiki Links
- Virginia Bank Note History
- General information on Richmond (Wikipedia)
- General information on Richmond County (Wikipedia)
- General information on Virginia (Wikipedia)
Sources
- Richmond, VA, Wikipedia, https://en.wikipedia.org/wiki/Richmond,_Virginia
- 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 Wall Street Journal, New York, NY, Sat., July 29, 1911.
- The Times Dispatch, Richmond, VA, Thu., Sep. 21, 1922.
- The Washington Post, Washington, DC, Thu., Sep. 26, 1911.