First National Bank, Lyons, IA (Charter 2733)

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Post Card of the First National Bank building ca. 1909.

First National Bank, Lyons, IA (Chartered 1882 - Liquidated 1911)

Town History

Photo of the First National Bank building 2013. Now housing a Masonic Center. Courtesy of Google Maps.

Lyons is located in Clinton County in east central Iowa. Among the first settlers of European origin in the Clinton area was Elijah Buell, who built a log cabin on July 25, 1835, and in 1837, established the town of Lyons, named after the French city of the same name.

Clinton was incorporated on January 26, 1857.

In 1895, Lyons officially merged with the City of Clinton.

During the National Bank Note Era, the population of Lyons/Clinton was 6,129 in 1870, rising to 25,577 in 1910, and bumping slightly to 25,726 in 1930. It's highest population was 34,719 in 1970, and the current population is estimated at 25,184 (2018).

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

Bank History

  • Organized Jun 7, 1882
  • Chartered Jun 15, 1882
  • Succeeded 66 (FNB/FNB of Lyons at Clinton, Lyons, IA)
  • Assumed 4536 by consolidation Jun 11, 1900 (Citizens' National Bank, Lyons, IA)
  • Retook Charter# 66 Aug 8, 1911 (FNB/FNB of Lyons at Clinton, Lyons, IA)

Official Bank Title(s)

1: The First National Bank of

Bank Note Types Issued

1882 Brown Back $10 banknote with pen signatures of William Holmes, Cashier and D. J. Batchelder, President. Courtesy of Heritage Auctions, www.ha.com

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

Series/Type Sheet/Denoms Serial#s
1882 Brown Back 4x5 1 - 1000
1882 Brown Back 3x10-20 1 - 5686
1902 Red Seal 3x10-20 1 - 2400
1902 Date Back 3x10-20 1 - 2500

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1882 - 1911):

Presidents:

  • Oliver McMahan, 1882-1892
  • D. Joyce, 1893-1894
  • D. J. Batchelder, 1895-1904
  • W. T. Joyce, 1905-1907
  • Stephen Briggs, 1908-1910

Cashiers:

  • William Holmes, 1882-1900
  • J. H. Peters, 1901-1906
  • Milo J. Gabriel, 1907-1910

Other Bank Note Signers

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

References

  • Lyons, IA, Wikipedia, https://en.wikipedia.org/wiki/Lyons,_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
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