Miners National Bank, Blossburg, PA (Charter 5007)

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Photo of the old Miners National Bank of Blossburg, ca2022. 
Photo of the old Miners National Bank of Blossburg, ca2022.  Courtesy of Google Maps

Miners National Bank, Blossburg, PA (Chartered 1895 - Receivership 1929)

Town History

Postcard of the Miners National Bank of Blossburg, Pennsylvania. Photo by Dewey Studio, Troy, Penna., ca1910s. Caption incorrectly states this is the First National Bank, although the Miners was the first to receive its charter.
Postcard of the Miners National Bank of Blossburg, Pennsylvania. Photo by Dewey Studio, Troy, Penna., ca1910s. Caption incorrectly states this is the First National Bank, although the Miners was the first to receive its charter. Courtesy of Adam Stroup

Blossburg is a borough in Tioga County, Pennsylvania. The population was 1,536 at the 2020 census. In 1900 the population was 2,423, falling to 1,696 by 1930.

In 1792, a party of immigrants who were building the Williamson Road from Williamsport, in Lycoming County, to Painted Post in New York, under the leadership of Robert and Benjamin Patterson, discovered coal within the present town limits of Blossburg. When the group reached the Tioga River, they established a supply camp at its banks.

In 1801, Aaron Bloss moved to Tioga County. In 1802, he settled at the area known as "Peter’s Camp". He is considered the first settler of Blossburg. Sometime between 1818 and 1820, Bloss made the first attempt to found a town, changing the name of Peter's Camp to Blossburg. Blossburg was finally recognized and incorporated as a borough in August 1871.

For more than 150 years, coal has played a vital role in the development of Blossburg. Today many of the existing mines are dormant. But Ward Manufacturing is a descendant of the Blossburg coal mining industry and is the largest business operating in the Blossburg area.

Blossburg had two National Banks chartered during the Bank Note Era, and both of those banks issued National Bank Notes. In addition to the Miners National Bank of Blossburg (Charter 5007), there was The Citizens National Bank of Blossburg (Charter 13881).

Bank History

  • Organized June 6, 1895
  • Chartered June 21, 1895
  • Receivership July 30, 1929

On June 21, 1895, Comptroller Eckels authorized the organization of the Miners National Bank of Blossburg, capital $50,000; president, S.W. Pomeroy; cashier, A.L. Smith.

In January 1898, officers and directors elected were as follows: President, A.L. Smith; Vice President, L.W. Eighmey; Cashier, J.L. Davis; Directors, A.L. Smith, L.W. Eighmey, Hon. B.B. Mitchell, Hon. F.B. Smith, and James Mold.

In January 1900, officers elected were: President, A. Lee Smith; Vice President, L.W. Eighmey; Vice President, Hon. F.B. Smith; Cashier, J.L. Davis; Assistant Cashier, P.A. Manley.

On Monday, July 29, 1929, the Miners National Bank of Blossburg was closed. Slow loans and the financial depression prevailing in the bituminous coal region were given as the cause of the closing order. A national bank examiner was appointed to take charge of liquidation proceedings. Total resources of the bank were given as approximately $1,500,000. Officers of the bank were F.B. Smith, president, and F.W. Coe, cashier.

Official Bank Title(s)

1: The Miners National Bank of Blossburg, PA

Bank Note Types Issued

1882 Brown Back $20 bank note with pen signatures of J.L. Davis, Cashier and F.B. Smith, Vice President.
1882 Brown Back $20 bank note with pen signatures of J.L. Davis, Cashier and F.B. Smith, Vice President. Courtesy of Heritage Auctions, www.ha.com
1902 Plain Back $10 bank note with pen signatures ofFloyd W. Coe, Cashier and F.B. Smith, President.
1902 Plain Back $10 bank note with pen signatures ofFloyd W. Coe, Cashier and F.B. Smith, President. Courtesy of Heritage Auctions, www.ha.com

A total of $814,350 in National Bank Notes was issued by this bank between 1895 and 1929. This consisted of a total of 65,148 notes (65,148 large size and No 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 3x10-20 1 - 4550
1882 Date Back 3x10-20 1 - 3677
1902 Date Back 3x10-20 1 - 1000
1902 Plain Back 3x10-20 1001 - 8060

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1895 - 1929):

Presidents:

Cashiers:

Other Bank Note Signers

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

Wiki Links

Sources

  • Blossburg, PA, Wikipedia, https://en.wikipedia.org/wiki/Blossburg,_Pennsylvania
  • 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
  • Pittsburgh Daily Post, Pittsburgh, PA, Sat., June 22, 1895.
  • Mansfield Advertiser, Mansfield, PA, Wed., Jan. 19, 1898.
  • The Wellsboro Gazette Combined with Mansfield Advertiser, Wellsboro, PA, Wed., Jan. 17, 1900.
  • The Evening News, Harrisburg, PA, Wed., July 31, 1929.
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