First National Bank, Tully, NY (Charter 5746)

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The First National Bank of Tully, New York, ca1910s
The First National Bank of Tully, New York, ca1910s. Courtesy of Adam Stroup

First National Bank, Tully, NY (Chartered 1901 - Open past 1935)

Town History

The old First National Bank of Tully, New York, located on the corner of Warren and Clinton Streets.
The old First National Bank of Tully, New York, located on the corner of Warren and Clinton Streets. Courtesy of Google Maps, ca2023

Tully is a town in Onondaga County, New York. The name of the town is derived from the Roman orator Marcus Tullius Cicero. The town is on the county's southern border, south of Syracuse. As of the 2020 Census, the population was 2,676. In 1900, the population was 1,465, decreasing to 1,358 by 1920.

Tully was within the former Central New York Military Tract, an area which the federal government reserved to use for granting plots of land as bounty and pay to soldiers and veterans for their service during the American Revolution. The surveyors were responsible for naming the areas. One of the assistant surveyors, being a classical scholar and professor at Kings College (Columbia), assigned names from Roman generals and statesmen, and Greek men of letters.

This area had been occupied for centuries by the Onondaga people, one of the first Five Nations of the Iroquois Confederacy, or Haudenosaunee. As four of the six nations were allied with the British during the American Revolutionary War, the Onondaga and others were forced to cede their land to the United States after the war. Much was sold and granted to settlers and speculators, and European Americans began to flood into western New York.

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

Bank History

  • Organized January 28, 1901
  • Chartered March 19, 1901
  • Opened for business March 20, 1901
  • Bank was Open past 1935

In August 1946, the Bankers' school of agriculture had in attendance Willard W. Seymour, cashier of the FNB of Tully.[1]

In October 1946, R. Walter Riehlman was a candidate for Congress. He was a graduate of Manlius Military Academy and Central City Business School, owned Tully Bakery, and was vice president and director of the First National Bank of Tully. He served 3 terms as supervisor of the town of Tully and was the presiding County Clerk, County of Onondaga.[2]

The Syracuse Trust Company assumed all the deposit liability of the First National Bank of Tully as of the close of business June 11, 1948. Cleveland J. Kenyon was the liquidating agent. [3] On June 14, 1948, The First National Bank of Tully became the Tully Office of the Syracuse Trust Company. The Syracuse Trust Company was located at 344 S. Warren Street with branches at 325 S. Salina St., 509 N. Salina St., 709 S. Crouse Avenue, Manlius and Tully.[4]

Official Bank Title

1: The First National Bank of Tully, NY

Bank Note Types Issued

1882 Value Back $5 bank note with pen signatures of H.H. Hurlbut, Cashier and W.L. Earle, President
1882 Value Back $5 bank note with pen signatures of H.H. Hurlbut, Cashier and W.L. Earle, President. Courtesy of Heritage Auctions, www.ha.com
1902 Plain Back $5 bank note with printed signatures of H.H. Hurlbut, Cashier and Cleveland J. Kenyon, President.
1902 Plain Back $5 bank note with printed signatures of H.H. Hurlbut, Cashier and Cleveland J. Kenyon, President. Courtesy of Heritage Auctions, www.ha.com
1929 Type 1 $20 bank note with printed signatures of H.H. Hurlbut, Cashier and Cleveland J. Kenyon, President
1929 Type 1 $20 bank note with printed signatures of H.H. Hurlbut, Cashier and Cleveland J. Kenyon, President. Courtesy of Heritage Auctions, www.ha.com

A total of $716,370 in National Bank Notes was issued by this bank between 1901 and 1935. This consisted of a total of 89,728 notes (67,416 large size and 22,312 small size notes).

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

Series/Type Sheet/Denoms Serial#s Sheet Comments
1882 Brown Back 4x5 1 - 500
1882 Brown Back 3x10-20 1 - 420
1882 Date Back 4x5 1 - 700
1882 Date Back 3x10-20 1 - 560
1882 Value Back 4x5 701 - 2495
1882 Value Back 3x10-20 561 - 1537
1902 Plain Back 4x5 1 - 7100
1902 Plain Back 3x10-20 1 - 4802
1929 Type 1 6x5 1 - 1818
1929 Type 1 6x10 1 - 1030
1929 Type 1 6x20 1 - 276
1929 Type 2 5 1 - 2284
1929 Type 2 10 1 - 1004
1929 Type 2 20 1 - 280

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1901 - 1935):

Presidents:

Cashiers:

Other Known Bank Note Signers

  • No other known bank note signers for this bank

Bank Note History Links

Sources

  • Tully, NY, 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. ↑ The Post Standard, Syracuse, NY, Sat., Aug. 10, 1946.
  2. ↑ The Post Standard, Syracuse, NY, Wed., Oct. 30, 1946.
  3. ↑ The Post-Standard, Syracuse, NY, Fri., July 9, 1948.
  4. ↑ The Post Standard, Syracuse, NY, Mon. June 14, 1948.
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