First National Bank, Story City, IA (Charter 9017)

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Photo of the First National bank building from 1908-1916. (left side) Courtesy of the Story City Historical Society.
Photo of the new First National Bank building built in 1916. Located next door (left) to the previous location. Courtesy of the Story City Historical Society.

First National Bank, Story City, IA (Chartered 1908 - Receivership 1932)

Town History

Photo of the First National Bank buildings in 2013. Note the major changes to the facade. Courtesy of Google Maps.

Story City is located in Story County in central Iowa.

Story City was throughout much of its early history known as Fairview. The named changed in 1881 when the town established a post office and discovered that Fairview was taken else where. Story City was then renamed after Supreme Court Justice Joseph Story. The boundaries of "Old Fairview" are outlined by signs during Scandinavian Days, and is approximately in the northeast corner of current Story City with the southern boundary being Broad Street.

Story City was laid out to include Fairview in 1878, and officially incorporated in 1881. The railroad arrived in 1878 and connected the city to Ames by the narrow-gauge Des Moines & Minnesota and to Des Moines via the Chicago and North Western Railroad in Ames.

During the National Bank Note Era, the population of Story City was 1,197 in 1900, rising slightly to 1,434 in 1930. It's highest population was 3,431 in 2010, and the current population is estimated at 3,370 (2018).

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

Bank History

  • Organized Jan 15, 1908
  • Chartered Feb 4, 1908
  • Opened for business Feb 5, 1908
  • Conversion of The First Savings Bank of Story City
  • Receivership Oct 10, 1932

Official Bank Title(s)

1: The First National Bank of Story City, IA

Bank Note Types Issued

Serial #1 1902 Red Seal $5 bank note with pen signatures of Torkel T. Henryson, Cashier and Haldor Torkel Henryson, President. Courtesy of the Story City Historical Society.
1902 Date Back $5 bank note with pen signatures of Torkel T. Henryson, Cashier and Haldor Torkel Henryson, President
1929 Type 1 $10 bank note with printed signatures of Annas M. Henderson, Cashier and Torkel T. Henryson, President. This is a Replacement note.
1929 Type 1 $10 bank note with printed signatures of Annas M. Henderson, Cashier and Torkel T. Henryson, President. This is a Replacement note. Courtesy of Heritage Auctions, www.ha.com
1929 Type 1 $20 bank note with printed signatures of Annas M. Henderson, Cashier and Torkel T. Henryson, President. This is a Replacement note.
1929 Type 1 $20 bank note with printed signatures of Annas M. Henderson, Cashier and Torkel T. Henryson, President. This is a Replacement note. Courtesy of Heritage Auctions, www.ha.com
1929 Type 1 $20 bank note with printed signatures of Annas M. Henderson, Cashier and Torkel T. Henryson, President. Courtesy of Heritage Auctions, www.ha.com

A total of $890,580 in National Bank Notes was issued by this bank between 1908 and 1932. This consisted of a total of 113,160 notes (94,452 large size and 18,708 small size notes).

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

Series/Type Sheet/Denoms Serial#s
1902 Red Seal 4x5 1 - 310
1902 Red Seal 3x10-20 1 - 252
1902 Date Back 4x5 1 - 4050
1902 Date Back 3x10-20 1 - 2800
1902 Plain Back 4x5 4051 - 14130
1902 Plain Back 3x10-20 2801 - 8921
1929 Type 1 6x5 1 - 1973
1929 Type 1 6x10 1 - 891
1929 Type 1 6x20 1 - 254

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1908 - 1932):

Presidents:

  • Haldor Torkel Henryson, 1908-1912
  • Torkel T. Henryson, 1913-1931

Cashiers:

  • Torkel T. Henryson, 1908-1912
  • Annas M. Henderson, 1913-1931

Other Bank Note Signers

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

References

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