First National Bank, Peterborough, NH (Charter 1179)

From Bank Note History
Jump to navigation Jump to search
The old First National Bank of Peterborough, New Hampshire, on the corner of Grove Street and Phoenix Mill Lane, ca2016
The old First National Bank of Peterborough, New Hampshire, on the corner of Grove Street and Phoenix Mill Lane, ca2016. Courtesy of Google Maps

First National Bank, Peterborough, NH (Chartered 1865 - Closed (Merger) 1990)

Town History

A photo, ca1936, of Major A. Erland Goyette of Peterborough, New Hampshire. He was president of the New Hampshire Manufacturers' Association; president of the First National Bank of Peterborough and proprietor of the Joseph Noone's Sons Co., one of the nation's oldest manufacturers of mechanical cloths.
A photo, ca1936, of Major A. Erland Goyette of Peterborough, New Hampshire. He was president of the New Hampshire Manufacturers' Association; president of the First National Bank of Peterborough and proprietor of the Joseph Noone's Sons Co., one of the nation's oldest manufacturers of mechanical cloths.

Peterborough is a town in Hillsborough County, New Hampshire. Peterborough is located along the Contoocook River at the junction of U.S. Route 202 and New Hampshire Route 101, 38 miles west of Manchester and 72 miles northwest of Boston. The population was 6,418 at the 2020 census. In 1860 the population was 2,265, holding fairly steady through 1950 when the population was 2,556.

The Contoocook River and Nubanusit Brook offered numerous sites for watermills, and Peterborough became a prosperous mill town. In 1810, the first cotton factory was established. By 1859, when the population was 2,222, there were four additional cotton factories, plus a woolen mill. Other industries included two paper mills, an iron foundry, a machine shop, a carriage factory, a basket manufacturer, a maker of trusses and supporters, a boot and shoe factory, seven sawmills, and three gristmills.

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

Bank History

  • Organized April 6, 1865
  • Chartered May 22, 1865
  • Succeeded Peterborough Bank
  • Bank was Open past 1935
  • For Bank History after 1935 see FDIC Bank History website
  • Merged into Granite Bank of Keene, NH, March 31, 1990

On April 18, 1881, Hon. Amos Whittemore of Bennington, New Hampshire, died in Laconia at the age of 77. For more than half a century he was engaged as a cotton manufacturer, paper maker and dealer, and in various other manufacturing interests. He represented the town in the State Legislature, bot in the House and Senate. He was for a long time a directors of the Wilton Railroad, Hillsborough and Peterborough Railroad and the Francestown National Bank, and at the time of his death, he was a director of the Peterborough National Bank.[1]

In January 1924, A.W. Noone was the third vice president of the new Federal Trust Company of Waterville, Maine. He was a large woolen manufacturer and a native of Peterborough, New Hampshire and was closely associated with business life of that town. He was a director in the First National Bank of Peterborough and a trustee of the Peterborough Savings Bank. He was also connected with the William R. Noone Sons Company of Boston and was at one time candidate for governor and senator of the state of New Hampshire.[2] In 1916 when the bandits along the Mexican Border got bothersome, he offered to raise, equip and lead a regiment of New Hampshire men against Pancho Villa. He owned large amounts of property in several other towns in the vicinity including Temple, much of Peterborough, and most of the town of Sharon.[3]

In January 1991, authorities were looking for a banker who fled the area after confessing on tape to embezzling at least $1 million. Leon Dusoe, Jr., 54, sent tapes to his wife, The Keene Sentinel and colleagues at Granite Bank saying he stole between $1 million and $1.25 million from trust accounts at the institution. Dusoe, vice president and head of the trust department at Granite Bank held the same positions at First National bank of Peterborough which merged with Granite Bank of Amherst, New Hampshire, in 1989. On Sunday, January 6th, Dusoe left Keene, telling his wife that he planned to attend a bank meeting in Philadelphia. Dusoe began his banking career in 1956, starting at Worcester County National Bank, then the State Street Bank and Trust Co. and then became head of the trust department at Indian Head National Bank in Keene. In his tape to bank officials, Dusoe mentioned the account of Hazel Goyette, a previous owner of First National Bank of Peterborough which he said had been drained of about $800,000.[4] Six days later the FBI arrested Dusoe as he got off a plane at Manchester Airport. On the tapes, Dusoe said he was a habitual stock market loser, losing about $200,000 annually playing the market.[5]

  • 07/01/1989 Changed Institution Name to Granite Bank, National Association.
  • 07/01/1989 Acquired Granite Bank (FDIC #27004) in Amherst, NH.
  • 03/31/1990 Merged and became part of Granite Bank of Keene (FDIC #17992) in Keene, NH.
  • 03/31/1990 Changed Institution Name to Granite Bank.
  • 05/28/2004 Merged and became part of Ocean National Bank (FDIC #4264) in Kennebunk, ME.
  • 06/29/2007 Changed Institution Name to Ocean Bank.
  • 01/01/2009 Merged and became part of People's United Bank (FDIC #27334) in Bridgeport, CT.
  • 02/23/2015 Changed Institution Name to People's United Bank, National Association.
  • 04/02/2022 Merged and became part of Manufacturers and Traders Trust Company (FDIC #588) in Buffalo, NY.

Official Bank Title(s)

1: The First National Bank of Peterborough, NH

Bank Note Types Issued

Original Series $1 bank note with pen signatures of W.G. Livingston, Cashier and F. Livingston, President
Original Series $1 bank note with pen signatures of W.G. Livingston, Cashier and F. Livingston, President. Courtesy of the Huntoon Collection
1902 Plain Back $10 bank note with printed signatures of F.G. Livingston, Cashier and W.G. Livingston, President
1902 Plain Back $10 bank note with printed signatures of F.G. Livingston, Cashier and W.G. Livingston, President. Courtesy of Heritage Auctions, www.ha.com
1902 Plain Back $5 bank note with printed signatures of Fay Lewis, Cashier and George H. Scripture, President
1902 Plain Back $5 bank note with printed signatures of Fay Lewis, Cashier and George H. Scripture, President. Courtesy of Heritage Auctions, www.ha.com
1929 Type 1 $10 bank note with SN A000001A and printed signatures of Fay Lewis, Cashier and Albert W. Noone, President
1929 Type 1 $10 bank note with SN A000001A and printed signatures of Fay Lewis, Cashier and Albert W. Noone, President. Courtesy of Lyn Knight Auctions, www.lynknight.com
1929 Type 2 $5 bank note with SN A000002 and printed signatures of Fay Lewis, Cashier and A. Erland Goyette, President. This is a Replacement note.
1929 Type 2 $5 bank note with SN A000002 and printed signatures of Fay Lewis, Cashier and A. Erland Goyette, President. This is a Replacement note. Courtesy of Heritage Auctions, www.ha.com

A total of $2,401,540 in National Bank Notes was issued by this bank between 1865 and 1935. This consisted of a total of 311,806 notes (264,982 large size and 46,824 small size notes).

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

Series/Type Sheet/Denoms Serial#s Sheet Comments
Original Series 3x1-2 1 - 2400
Original Series 4x5 1 - 2700
Original Series 3x10-20 1 - 1400
Original Series 50-100 1 - 127
Series 1875 4x5 1 - 3600
Series 1875 3x10-20 1 - 1840
1882 Brown Back 4x5 1 - 5584
1882 Brown Back 3x10-20 1 - 1955
1902 Red Seal 4x5 1 - 1050
1902 Red Seal 3x10-20 1 - 740
1902 Date Back 4x5 1 - 8700
1902 Date Back 3x10-20 1 - 6600
1902 Plain Back 4x5 8701 - 26303
1902 Plain Back 3x10-20 6601 - 18610
1929 Type 1 6x5 1 - 3924
1929 Type 1 6x10 1 - 1932
1929 Type 1 6x20 1 - 454
1929 Type 2 5 1 - 5220
1929 Type 2 10 1 - 3060
1929 Type 2 20 1 - 684

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1865 - 1935):

Presidents:

Cashiers:

Other Known Bank Note Signers

  • No other known bank note signers for this bank

Bank Note History Links

Sources

  • Peterborough, NH, 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
  1. ↑ Boston Post, Boston, MA, Sat., Apr. 23, 1881.
  2. ↑ Kennebec Journal, Augusta, ME, Thu., Jan. 24, 1924.
  3. ↑ The Boston Globe, Boston, MA, Sun., Mar. 16, 1922.
  4. ↑ The Brattleboro Reformer, Brattleboro, VT, Wed., Jan. 9, 1991.
  5. ↑ The Brattleboro Reformer, Brattleboro, VT, Mon., Jan. 14, 1991.
Retrieved from "https://banknotehistory.mywikis.wiki/w/index.php?title=First_National_Bank,_Peterborough,_NH_(Charter_1179)&oldid=48893"