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100 Roubles Piatigorsk-Batalpashchinsk Company, Independent Army
| Issuer | Kislovodsk Branch of the State Bank, Volunteer Army |
|---|---|
| Year | 1918 |
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| Value | 100 Roubles |
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|---|---|
| Obverse lettering | Кисловодское Отделеніе ГОСУДАРСТВЕННАГО БАНКА Прошу заплатить предъявителю сего 100 (сто) рублей и таковую же сумму списать со моего счета. Финансовая Комиссія, образован. приказомъ Команд. войсками Баталпашин- ско-Пятигорскаго отряда Добровольческой Арміи. Подделка преследуется закономъ |
| Reverse description | Plain cream paper with a central text block in Cyrillic dated '1918 годъ', stating that guaranteed cheques circulate on par with credit notes and that the sum of the cheque is frozen on the depositor's current account, payable only to the bearer. A circular red official stamp of the Kislovodsk Branch is applied at lower left, accompanied by two manuscript signatures designated 'Управляющій' and 'Кассиръ'. A handwritten serial number appears vertically at left margin. |
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| Comments |
The Volunteer Army's territorial finances during the Russian Civil War were a patchwork of competing issuers, emergency overprints, and locally authorized scrip. This note originates from the Kislovodsk branch of the State Bank operating under the Volunteer Army — one of the White forces attempting to maintain recognizable institutional structures in the northern Caucasus while Bolshevik control remained contested. The "Piatigorsk-Batalpashchinsk Company" designation marks a very specific operational zone, not a banking entity.
By late 1918 the region changed hands repeatedly. Notes like this often circulated for weeks before becoming worthless upon a Soviet advance.