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| 正面描述 | Black letterpress on white paper with a large red numeral ONE as central underprint. Left vignette shows a woman carrying grain stalks; right vignette bears a portrait of Eastman facing left. Printed signature of E. White appears below as President. |
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| 正面铭文 | ONE THE ONE EASTMAN BUSINESS COLLEGE Bank OF POUGHKEEPSIE, NY PRACTICAL DEPARTMENTS ONE on receipt of current funds PRES'T |
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Eastman Business College, founded by Harvey G. Eastman in Poughkeepsie in 1859, was one of the most prominent commercial colleges in nineteenth-century America — at its peak claiming the largest enrollment of any business school in the world. These scrip notes were issued as part of the college's practical curriculum, giving students hands-on experience with banking transactions, ledger work, and currency handling. The notes circulated internally, redeemable only within the college's simulated business environment.
The E. White signature likely refers to a faculty officer or appointed student cashier rather than a principal of the institution — a rotating role that varied by term.