National Bank, Granville, NY (Charter 2294)

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Needed: a contemporary postcard or photo of the bank
Needed: a contemporary postcard or photo of the bank.

National Bank, Granville, NY (Chartered 1875 - Liquidated 1895)

Town History

Granville is a town on the eastern border of Washington County, New York, abutting Rutland County, Vermont. The town was founded in 1780. It is part of the Glens Falls Metropolitan Statistical Area. The town population was 6,215 at the 2020 census. In 1870, the population was 4,063 with an early peak in 1910 at 6,434. That level would not be reached again until 2000 when the population was 6,456.

The town of Granville contains a village that also bears the name Granville. Granville is named for John Carteret, 2nd Earl Granville. Granville has been called the "Colored Slate Capital of the World." Quarries in the town mine slate that comes in colors such as green, gray, gray black, purple, mottled green and purple, and red.

Granville had four National Banks chartered during the Bank Note Era, The National Bank of Granville (Charter 2294), Farmers National Bank (Charter 3154), Granville National Bank (Charter 4985), and Washington County NB (Charter 7255) and all four of those banks issued National Bank Notes.

Bank History

On the morning of February 8, 1890, Hugh W. Hughes, the slate king, died at his home in Granville, aged 53 years. Mr. Hughes came to this country from Wales while a youth and built up one of the largest industries in roofing slate in the United States.

On Sunday, March 24, 1894, Captain Joseph H. Hays died at his home in Salem. The deceased was born at Rupert, Vermont and was 56 years old. He was one of the first to enlist in the war and soon after was made a captain and served until the close. He then enlisted in the regular army and was sent to guard the Pacific Railroad. Afterward, he was appointed Indian agent on the Columbia River and was released when civil authorities took over that role. On his return he was retired as an officer on half pay. He was married to Emma Woodard, daughter of Daniel Woodard, president of the National Bank of Granville. He had been for several years one of the directors of the bank and his eldest son was a teller.

On February 11, 1895, the comptroller of the currency authorized the Granville National Bank of Granville, New York, to begin business with a capital of $50,000. The bank would open about April 22d with these officers: D.D. Woodard, president; D. Rogers, vice president; F.W. Hewitt, cashier. The three officers held the same offices in the National Bank of Granville.

Official Bank Title(s)

1: The National Bank of Granville, NY

Bank Note Types Issued

Series of 1875 proof $10 and $20 of The National Bank of Granville, New York.
Series of 1875 proof $10 and $20 of The National Bank of Granville, New York. Courtesy of the Smithsonian Institution Archives

A total of $311,300 in National Bank Notes was issued by this bank between 1875 and 1895. This consisted of a total of 24,904 notes (24,904 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
Series 1875 3x10-20 1 - 6226

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1875 - 1895):

Presidents:

Cashiers:

Other Known Bank Note Signers

  • No other known bank note signers for this bank

Bank Note History Links

Sources

  • Granville, 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
  • Buffalo Courier Express, Buffalo, NY, Sun., Feb. 9, 1890.
  • The Poultney Journal, Poultney, VT, Fri., Apr. 13, 1894.