First National Bank, Elliott, IA (Charter 6857)

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Photo postcard of the First National Bank building ca.1910.

First National Bank, Elliott, IA (Chartered 1903 - Receivership 1931)

Town History

Photo of the First National Bank building 2017. Courtesy of Flickr user "courthouselover".

Elliott is located in Montgomery County in southwest Iowa.

Elliott was founded in 1879.

During the National Bank Note Era, the population of Elliott was 516 in 1900, climbing to 586 in 1920, and dropping to 556 in 1930. It's highest population was 586 in 1920, and the current population is estimated at 326 (2016).

For more information on the town of Elliott, see their Wikipedia page.

Bank History

  • Organized Jun 15, 1903
  • Chartered Jun 26, 1903
  • Opened for business Aug 15, 1903
  • Succeeded Bank of Elliott
  • Receivership Jul 2, 1931
  • Notation on Organization Report:
  • Succeeds Bank of Elliot
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Bank of Elliott
1902 Date Back $10 banknote with pen signatures of C. F. Cadwell, Cashier and O. J. Powell, President
1929 Type 1 $10 banknote with printed signatures of C. F. Cadwell, Cashier and O. J. Powell, President

Official Bank Title(s)

1: The First National Bank of

Bank Note Types Issued

A total of $259,510 in National Bank Notes was issued by this bank between 1903 and 1931. This consisted of a total of 20,846 notes (18,884 large size and 1,962 small size notes).


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

Series/Type Sheet/Denoms Serial#s
1902 Red Seal 3x10-20 1 - 520
1902 Date Back 3x10-20 1 - 2250
1902 Plain Back 3x10-20 2251 - 4201
1929 Type 1 6x10 1 - 263
1929 Type 1 6x20 1 - 64

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1903 - 1931):

Presidents:

  • F. M. Byrkit, 1903-1905
  • J. W. Manker, 1906-1908
  • H. E. Manker, 1910-1910
  • O. J. Powell, 1911-1930

Cashiers:

  • H. E. Manker, 1903-1909
  • C. F. Cadwell, 1910-1930

Other Bank Note Signers

  • There are currently no known Vice President or Assistant Cashier bank note signers for this bank.

References

  • Elliott, IA, Wikipedia, https://en.wikipedia.org/wiki/Elliott,_Iowa
  • 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