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20 Dollars Large-Size National Bank Note

Uitgever The Clymer National Bank, Clymer, Pennsylvania
Jaar 1902-1929
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen 187 × 79 mm
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
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In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde NATIONAL CURRENCY SECURED BY UNITED STATES BONDS OR OTHER SECURITIES UNITED STATES OF AMERICA SERIES OF 1902 W.T. Vernon Register of the Treasury Lee McClung Treasurer of the United States THE CLYMER NATIONAL BANK WILL PAY TO THE BEARER ON DEMAND TWENTY DOLLARS Clymer, PENNSYLVANIA Oct. 10, 1910 J.M. Stewart CASHIER Ed. Widdowson PRESIDENT HUGH McCULLOCH
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde 20 TWENTY NATIONAL CURRENCY DOLLARS TWENTY 20 THIS NOTE IS RECEIVABLE AT PAR IN ALL PARTS OF THE UNITED STATES IN PAYMENT OF ALL TAXES AND EXCISES AND ALL OTHER DUES TO THE UNITED STATES EXCEPT DUTIES ON IMPORTS AND ALSO FOR ALL SALARIES AND OTHER DEMANDS AND DEMANDS OWING BY THE UNITED STATES TO INDIVIDUALS CORPORATIONS AND ASSOCIATIONS WITHIN THE UNITED STATES EXCEPT INTEREST ON PUBLIC DEBT
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
Varianten Log in om details te zien
Opmerkingen

Clymer, Pennsylvania was a small coal-patch town in Cambria County, and the national bank that bore its name was a modest institution serving a working-class mining community. National Bank Notes of this type were obligations of the issuing bank, not the federal government directly — the bank deposited U.S. bonds with the Comptroller of the Currency as collateral, then received printed notes to circulate locally. When a bank failed or surrendered its charter, outstanding notes were redeemed from that bond deposit, which is why notes from small single-industry towns like Clymer tend to survive in lower populations than their urban counterparts.

Vernon and McClung served as Register of the Treasury and Treasurer of the United States respectively during the Taft administration.

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