Peoples National Bank, Point Marion, PA (Charter 9503)

This should be a contemporary postcard or photo of the bank. (Set Height x300px)

Peoples National Bank, Point Marion, PA (Chartered 1909 - Receivership 1931)

Town History

This could be recent photo of the bank or another postcard. (Set Height x300px)

Point Marion is a borough in Fayette County, Pennsylvania. The population was 1,159 at the 2010 census, down from 1,333 at the 2000 census.

Point Marion is located at the confluence of the Monongahela and Cheat rivers. Approximately 3 miles north of Point Marion is Friendship Hill National Historic Site, home of early American politician Albert Gallatin. Point Marion was settled in the mid-18th century and named in 1842 for its geographic location and Revolutionary War hero Francis Marion, the "Swamp Fox", a South Carolinian who never saw the town.

Houze Glass Co., located in the borough, was the primary employer. The company was founded by Leon Houze, a Belgian immigrant, in 1902 as a glassware manufacturer, but later branched into silkscreen printing and decorating. The company closed in 2004 and the plant was later auctioned off.

The Albert Gallatin Memorial Bridge across the Monongahela River was listed on the National Register of Historic Places as the Marion Bridge in 1988. It was demolished November 16, 2009, and replaced with a new bridge.

Point Marion had two National Banks chartered during the Bank Note Era, and both of those banks issued National Bank Notes.

Bank History

• Organized June 18, 1909
• Chartered August 12, 1909
• Receivership October 8, 1931

Official Bank Title(s)

1: The Peoples National Bank of Point Marion, PA

Bank Note Types Issued

1902 Plain Back $10 bank note with printed signatures of F.N. Gans, Cashier and E.M. Snider, President. Courtesy of Heritage Auctions, www.ha.com

1929 Type 1 $20 bank note with printed signatures of F.N. Gans, Cashier and E.M. Snider, President. Courtesy of Heritage Auctions, www.ha.com

A total of $791,270 in National Bank Notes was issued by this bank between 1909 and 1931. This consisted of a total of 63,532 notes (56,260 large size and 7,272 small size notes).

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

Series/Type	Sheet/Denoms	Serial#s	Sheet Comments
1902 Date Back	3x10-20	1 - 4940
1902 Plain Back	3x10-20	4941 - 14065
1929 Type 1	6x10	1 - 957
1929 Type 1	6x20	1 - 255

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1909 - 1931):

Presidents:

• Elisha M. Snider, 1909-1930

Cashiers:

• William Whitfield Tapp, 1909-1915
• Frank Newton Gans, 1916-1930

Other Bank Note Signers

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

Wiki Links

• Pennsylvania Bank Note History
• General information on Point Marion (Wikipedia)
• General information on Fayette County (Wikipedia)
• General information on Pennsylvania (Wikipedia)

Sources

• Point Marion, PA, Wikipedia, https://en.wikipedia.org/wiki/Point_Marion,_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://bbdata.banknotehistory.com