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10 Dollars Canal Bank

Emittent New Orleans Canal & Banking Company
Jahr 1841-1895
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Währung Dollar (1785-date)
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Vorderseitenbeschreibung Intaglio-printed note in black on pale paper. A central top vignette presents a detailed engraving of the Canal Bank building in New Orleans, rendered in fine architectural perspective with figures in the foreground. At left, a bald eagle with spread wings clutches a shield bearing the motto 'E PLURIBUS UNUM', set within a guilloche-bordered medallion above a 'TEN' counter; at right, an oval vignette encloses a standing allegorical female figure surrounded by the names of U.S. states, above a lower '10' counter. The promise-to-pay text in script reads across the centre, interrupted by a bold letterpress 'TEN DOLLARS' cartouche, with 'Cash.' and 'Pres.' signature lines at the lower margin and the printer's imprint 'Rawdon, Wright, Hatch & Edson, N.Orleans & N.Y.' at lower right.
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Rückseitenbeschreibung Printed entirely in red-orange intaglio, the reverse is dominated by a large central panel bearing the bold serif inscriptions 'CANAL BANK' and 'NEW-ORLEANS' over a large interlaced 'TEN' lathe-work underprint, all framed by dense acanthus-scroll and floral guilloche ornament. Circular denomination counters showing '10' in ornate scalloped medallions appear at the far left and far right, each surrounded by additional foliate lathe-work. The printer's imprint 'Rawdon, Wright, Hatch & Edson, N.Orleans & N.Y.' appears in small type at the lower left.
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Anmerkungen

The New Orleans Canal & Banking Company was chartered in 1831 primarily to finance the New Orleans Canal — a waterway intended to link the city's commercial center to Lake Pontchartrain. Banking was almost an afterthought in the original charter, but it quickly became the dominant business. The company survived the catastrophic bank suspensions of 1837–1842 that wiped out most of Louisiana's chartered banks, partly because its canal infrastructure gave it a harder asset base than the purely speculative institutions that collapsed around it.

Rawdon, Wright, Hatch & Edson were among the most technically accomplished bank note engravers working in antebellum America, later absorbed into the American Bank Note Company in 1858 — which brackets the printing window for this note tightly.

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