First National Bank, Lake City, MN (Charter 1740)

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This should be a contemporary postcard or photo of the bank

First National Bank, Lake City, MN (Chartered 1870 - Receivership 1886)

Town History

This could be recent photo of the bank or another postcard

Lake City is a city in Wabasha County in southeastern Minnesota. Lake City was platted in 1855 and incorporated in 1872.

Water skiing was invented in Lake City by area resident, Ralph Samuelson, which he first performed in Lake Pepin during the summer of 1922. To commemorate this event, Lake City has adopted the nickname "The Birthplace of Water Skiing"

During the National Bank Note Era, the population of Lake City was 2,596 in 1880, climbing to 3,210 in 1930, as of 2010 the population is 5,063.

First National Bank was the only National Bank in Lake City.

Bank History

  • Organized Oct 3, 1870
  • Chartered Nov 29, 1870
  • Closed Dec 28, 1885
  • Receivership Jan 4, 1886

Official Bank Title(s)

1: The First National Bank of Lake City, MN

Bank Note Types Issued

Original series $1 bank note with pen signatures of Leonard S. Van Vliet, Cashier and Lewis H. Garrard, President, Courtesy of Heritage Auctions, http://www.ha.com

A total of $170,340 in National Bank Notes was issued by this bank between 1870 and 1886. This consisted of a total of 42,828 notes (42,828 large size and 0 small size notes).

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

Series/Type Sheet/Denoms Serial#s
Original Series 3x1-2 1 - 2500
Original Series 4x5 1 - 2875
Series 1875 3x1-2 1 - 420
Series 1875 4x5 1 - 4912

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1870 - 1886):

Presidents:

Cashiers:

Other Known Bank Note Signers

  • No other known bank note signers for this bank

Bank Note History Links

Sources

Presidents:

Cashiers:

Other Known Bank Note Signers

  • No other known bank note signers for this bank

Bank Note History Links

Sources

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