First National Bank, Augusta, IL (Charter 6751)

From Bank Note History
Jump to navigation Jump to search
Postcard of the First National Bank of Augusta, Illinois, ca1900s.
Postcard of the First National Bank of Augusta, Illinois, ca1900s. Courtesy of Heritage Auctions, www.ha.com

First National Bank, Augusta, IL (Chartered 1903 - Receivership 1930)

Town History

Needed: a recent photo of the bank or another postcard.
Needed: a recent photo of the bank or another postcard.

Augusta is a village in southeast Hancock County, Illinois. The population was 587 at the 2010 census, down from 657 at the 2000 census. In 1900 the population peaked at 1,149, declining to 1,011 by 1930. It is located near Weinberg-King State Park.

Augusta was founded in 1832 by Joel Catlin and W.D. Abernathy, who was the village's first postmaster. Catlin named Augusta after having a memorable visit to Augusta, Georgia.

On September 18, 1858, soon-to-be President Abraham Lincoln visited Augusta, where he gave a speech and stayed at the home of Elder James Stark. Previously, Lincoln's opponent in the historic Lincoln–Douglas debates, Stephen A. Douglas, had spoken in Augusta. In 1864, Congressman James Garfield (the future president) spoke in Augusta on behalf of Lincoln.

Augusta had one National Bank chartered during the Bank Note Era, and it issued National Bank Notes.

Bank History

  • Organized April 13, 1903
  • Chartered April 28, 1903
  • Succeeded Augusta Bank
  • Receivership December 23, 1930

Official Bank Title

1: The First National Bank of Augusta, IL

Bank Note Types Issued

1902 Red Seal $10 bank note with pen signatures of S.E. McAfee, Cashier and Jacob Klepper, President.
1902 Red Seal $10 bank note with pen signatures of S.E. McAfee, Cashier and Jacob Klepper, President. Courtesy of Heritage Auctions, www.ha.com
1902 Date Back $10 bank note with a RADAR treasury SN and pen signatures of S.E. McAfee, Cashier and S.G. Swanson, Vice President.
1902 Date Back $10 bank note with a RADAR treasury SN and pen signatures of S.E. McAfee, Cashier and S.G. Swanson, Vice President. Courtesy of Heritage Auctions, www.ha.com
1902 Plain Back $20 bank note with pen signatures of S.E. McAfee, Cashier and George H. Eastman, President
1902 Plain Back $20 bank note with pen signatures of S.E. McAfee, Cashier and George H. Eastman, President. Courtesy of Heritage Auctions, www.ha.com
1929 Type 1 $5 bank note with printed signatures of S.E. McAfee, Cashier and F.W. Beard, President.
1929 Type 1 $5 bank note with printed signatures of S.E. McAfee, Cashier and F.W. Beard, President. Courtesy of Heritage Auctions, www.ha.com

A total of $470,840 in National Bank Notes was issued by this bank between 1903 and 1930. This consisted of a total of 42,268 notes (34,600 large size and 7,668 small size notes).

This bank issued the following Types and Denominations of bank notes:

Series/Type Sheet/Denoms Serial#s Sheet Comments
1902 Red Seal 3x10-20 1 - 1940
1902 Date Back 3x10-20 1 - 2650
1902 Plain Back 3x10-20 2651 - 6710
1929 Type 1 6x5 1 - 1278

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1903 - 1930):

Presidents:

Cashiers:

Other Known Bank Note Signers

Bank Note History Links

Sources

  • Augusta, IL, 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
Retrieved from "https://banknotehistory.mywikis.wiki/w/index.php?title=First_National_Bank,_Augusta,_IL_(Charter_6751)&oldid=57990"