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10 Dollars Canal Bank

Uitgever New Orleans Canal & Banking Company
Jaar 1841-1895
Type Log in om details te zien
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Afmetingen 182 × 79 mm
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Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde 10 CANAL BANK The New Orleans Canal & Banking Comp.ʸ will pay TEN DOLLARS to the bearer on demand. New Orleans, _______________ 18____
Beschrijving keerzijde 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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Opmerkingen

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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