Town names inserted on National Currency
By Peter Huntoon The Comptroller of the Currency in 1895 directed the Bureau of Engraving and Printing to insert the name of the town above the will-pay line in title…
By Peter Huntoon
The Comptroller of the Currency in 1895 directed the Bureau of Engraving and Printing to insert the name of the town above the will-pay line in title blocks on new plates when it wasn’t clear where the bank was located. This situation could develop if the town wasn’t part of the formal bank title as submitted by the bankers on their organization certificate.
The result was the bold “Gloversville” that appears on the middle proof in this trio, which is a Series of 1882 proof lifted from the second $5 plate that was made for the bank in 1901.
In the case of this bank, the bankers formally changed their title to “The Fulton County National Bank of Gloversville” when they extended their charter in 1905, so Gloversville appears normally in a traditional tombstone on the 1902 $50.
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