Duncannon National Bank, Duncannon, PA (Charter 4142)
Duncannon National Bank, Duncannon, PA (Chartered 1889 - Merger 1974)
Town History
Duncannon is located in Perry County. Duncannon was originally called Petersburg, and under this name was laid out in 1792. Duncannon is named after Duncan Island, a piece of land between the Susquehanna and Juniata Rivers. The Juniata Division of the Pennsylvania Canal began here with a covered bridge that allowed mules and mule skinners to cross the Susquehanna, pulling the canal boat across the river to the opposite shore. The historic river town is treasured by thousands of Appalachian Trail through-hikers, section-hikers, day-hikers and river enthusiasts alike. Lightning Guider sleds were manufactured in Duncannon from 1904 until 1988--the building is now an antique mall called the sled factory. As of the census of 2000, there were 1,508 people residing in the borough.
Duncannon had two National Banks chartered during the Bank Note Era, and both of those banks issued National Bank Notes.
Bank History
- Organized August 6, 1889
- Chartered October 22, 1889
- Bank was Open past 1935
- For Bank History after 1935 see FDIC Bank History website
- Merged into Cumberland NB & Trust Co. in New Cumberland, PA, September 30, 1974
The Harrisburg Telegraph reported in 1889 that The Duncannon National Bank will erect a new building on the present site of the town hall, which it purchased for $500. The bank is also to provide a suitable place to store the fire engine, hose and borough property for a period of three years. At the expiration of this time it is supposed the borough will be able to provide itself with suitable accommodations for its property, probably to be a new town hall. The bank was located on Cumberland and High Streets. Upon organizing the officers elected were John Wister, president; Joseph M. Hawley, vice president; John Wister, Joseph M. Hawley, William Rotch Wister, Philadelphia; Samuel Sheller, William H. Richter, Samuel Moses, John Winter, George Pennell, Dr. A.R. Johnston, Hon. John Holman Sheibley,, New Bloomfield; George C. Snyder, Liverpool; directors.
In the bank's 1890 Report of Condition, P.F. Duncan, Cashier, listed as Resources Loans and Discounts of $97,249.24 and $12,500 in U.S. Bonds to secure circulation and as Liabilities $50,000 in Capital stock, $11,250 in National Bank notes outstanding and Individual Deposits of $74,942.14. In 1894, the Board of Directors was composed of John Wister, George Pennell, Samuel Sheller, Dr. D.B. Milliken, John Winter, Dr. T.L. Johnston, W.H. Richter, Hon. J.H. Sheibley, J.A Hilbish, L.C. Zimmerman and John D. Snyder of Liverpool. Officers remained John Wister, president; P.F. Duncan, cashier; and Frank Pennell, teller. Dr. David Beale Milliken of Landisburg was elected to replace the late George C. Snyder of Liverpool. The bank boasted a Corliss safe, spherical with chilled gun-metal in construction and incomparable in burglar-proof qualities to a square safe.
On January 22, 1895, at the annual meeting of the Perry County Medical Society held in Marysville, the following officers were elected: Dr. T.L. Johnson of Duncannon, president ; Dr. A.L. Shearer of Duncannon, vice president; Dr. J.P. Sheibley of Landisburg, secretary; Dr. D.B. Milliken of Landisburg, treasurer; Dr. H.O. Orris of Newport, county health officer.[1]
Druggist Geo. Henry of Duncannon who was shot by Dr. T.L. Johnson, died Tuesday, September 29th, 1896. Johnson was in jail to await trial for murder.[2] The shooting of a man and woman in Ducannon, Perry County on Monday afternoon, created a great excitement in that town. The suspect was Dr. T.L. Johnson, a practicing physician, a man of property and Vice President of the Duncannon National Bank. He was aged about 58 years, and his wife was said to be some two or three years younger. They had been married a quarter of a century; Mrs. Johnson was a Miss Kerr of Lewistown. Two children were born to them, but both were dead. For reasons best known or imagined to himself, Dr. Johnson became possessed of the belief that Dr. George S. Henry a druggist in that town and Mrs. Johnson were too intimate with each other, and smarting under the belief, he determined to settle the trouble by shooting both Henry and Mrs. Johnson. To get the two together, he had his wife meet him in his office and then he went to Henry's drug store and called him into the doctor's office. When he had Mrs. Johnson and her lover Henry together, he drew a revolver and shot Henry twice. One bullet passed through his neck. Another bullet passed into his body into his bowels. Mrs. Johnson started to run. Her husband emptied his revolver at her, but only one bullet took effect and produced a slight flesh wound on one of her arms. She however was so shocked that she fell as if shot fatally, and it was some time before it was realized that she was not seriously wounded. Johnson got out his horse and buggy took a constable with him to Bloomfield, and there surrendered himself and gave bail in the sum of $2000 to answer for the shooting in Court, after which he went to bed in a hotel.[3] In December it was reported an effort would e made to secure the realease of Dr. Johnson from the eastern penitentiary and remove him to a private asylum.[4]
On February 8, 1897, the comptroller of the currency announced the following selections of bank officers: The Duncannon National Bank, no vice president, vice T.L. Johnson.[5]
In January 1924, the bank purchased the lot on the square from Mrs. Elizabeth Hood between her brick house and the Johnston Hotel. During the summer a new bank building was begun with opening day September 12, 1925. An estimated three thousand people inspected the new bank building. It was built entirely of Indian limestone and was furnished with Honduran mahogany with marble floors and wainscoting in the lobby. Officers and directors received the visitors. Souvenir booklets, ice cream, cigars and pencils were given out. Officers in 1925 were George Pennell, president; P.F. Duncan, cashier; William Stewart Duncan, assistant cashier; George H. Pennell, teller. The directors were William Wills, Hon. John D. Snyder, R. Jones Rife, S.A.E. Rife, George Pennell, George B. Noss, P.F. Duncan, N.J. Briner, W.H. Carnes, J.M. Baer.
At the close of business on Monday, September 30, 1974, the Duncannon National Bank merged with the Cumberland County National Bank and Trust Company (CCNB). John L. Witmer was president of CCNB and the merger came just two days after the death of Charles B. Pennell, president of the Duncannon National. On October 1, the Duncannon National Bank became the 20th branch office of CCNB.
Official Bank Title(s)
1: The Duncannon National Bank, Duncannon, PA
Bank Note Types Issued
A total of $1,244,080 in National Bank Notes was issued by this bank between 1889 and 1935. This consisted of a total of 99,922 notes (84,172 large size and 15,750 small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s Sheet Comments 1882 Brown Back 3x10-20 1 - 5140 1882 Date Back 3x10-20 1 - 198 1902 Date Back 3x10-20 1 - 5400 1902 Plain Back 3x10-20 5401 - 15705 1929 Type 1 6x10 1 - 1754 1929 Type 1 6x20 1 - 498 1929 Type 2 10 1 - 1783 1929 Type 2 20 1 - 455
Bank Presidents and Cashiers
The Duncannon National Bank Presidents and Cashiers during the National Bank Note Era (1889 - 1936):
Presidents:
Cashiers:
Other Bank Note Signers
- There are currently no known Vice President or Assistant Cashier bank note signers for this bank.
Wiki Links
- Pennsylvania Bank Note History
- General information on Duncannon (Wikipedia)
- General information on Perry County (Wikipedia)
- General information on Pennsylvania (Wikipedia)
Sources
- Duncannon, PA, 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://bbdata.banknotehistory.com
- Harrisburg Telegraph, Harrisburg, PA, Wed., July 10, 1889
- The Perry County Democrat, Bloomfield, PA, Wed., Oct. 30, 1889.
- Duncannon Record, Duncannon, PA, Fri., Dec. 26, 1890.
- Duncannon Record, Duncannon, PA, Fri., Apr. 20, 1894.
- Duncannon Record, Duncannon, PA, Thu., Jan. 31, 1924.
- Duncannon Record, Duncannon, PA, Thu., Sep. 17, 1925.
- The Perry County Times, New Bloomfield, PA, Thu., Sep. 17, 1925.
- The Gettysburg Times, Gettysburg, PA, Wed., Oct 2, 1974.