Citizens National Bank/Citizens NB & TC, Caldwell, NJ (Charter 9612)
Citizens National Bank/Citizens NB & TC, Caldwell, NJ (Chartered 1909 - Open past 1935)
Town History
Caldwell is a borough located in northwestern Essex County, in the U.S. state of New Jersey, about 16 miles west of New York City and 6 miles northwest of Newark, the state's most populous city. As of the 2020 United States census, the borough's population was 9,027. In 1900 the population was 1,367, growing to 2,236 by 1910.
In 1702, settlers purchased a 14,000 acres Horseneck Tract from the Lenape Native American tribe for goods equal to $325. This purchase encompassed much of western Essex County, from the First Mountain to the Passaic River at Pine Brook. Caldwell is located in the center of the Horseneck Tract. Settlement began about 1740 by Thomas Gould and Saunders Sanders. The Horseneck Tract consisted of present-day Caldwell, West Caldwell, North Caldwell, Fairfield, Verona, Cedar Grove, Essex Fells, Roseland, and portions of Livingston and West Orange. This land was part of the larger purchase and had been referred to as the Horse Neck Tract until February 17, 1787, when the town congregation voted to change the name to Caldwell, in honor of the Reverend James Caldwell who pushed for their organization's creation.
Caldwell was incorporated as a borough by an act of the New Jersey Legislature on February 10, 1892, from portions of Caldwell Township (now Fairfield Township), based on the results of a referendum held on the previous day. Grover Cleveland, the 22nd and 24th President of the United States, was born in Caldwell on March 18, 1837. His father, Rev. Richard Falley Cleveland, was pastor of the First Presbyterian Church. The Grover Cleveland birthplace—the church's former manse—is now a museum and is open to the public.
Caldwell had two National Banks chartered during the Bank Note Era, and both of those banks issued National Bank Notes.
Bank History
- Organized November 15, 1909
- Chartered December 18, 1909
- Bank was Open past 1935
Official Bank Titles
1: The Citizens National Bank of Caldwell, NJ
2: The Citizens National Bank and Trust Company of Caldwell, NJ (5/28/1927)
Bank Note Types Issued
A total of $742,160 in National Bank Notes was issued by this bank between 1909 and 1935. This consisted of a total of 59,627 notes (45,428 large size and 14,199 small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s Sheet Comments 1: 1902 Date Back 3x10-20 1 - 2580 1: 1902 Plain Back 3x10-20 2581 - 9678 2: 1902 Plain Back 3x10-20 1 - 1679 2: 1929 Type 1 6x10 1 - 1428 2: 1929 Type 1 6x20 1 - 450 2: 1929 Type 2 10 1 - 2399 2: 1929 Type 2 20 1 - 532
Bank Presidents and Cashiers
Bank Presidents and Cashiers during the National Bank Note Era (1909 - 1935):
Presidents:
- Lewis Grover Lockward, 1910-1912
- Cyrus Baldwin Crane, 1913-1929
- James Sansbury Throckmorton, Jr. , 1930-1935
Cashiers:
Other Known Bank Note Signers
- No other known bank note signers for this bank
Bank Note History Links
Sources
- Caldwell, NJ, 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