NATIONAL CURRENCY
SECURED BY UNITED STATES BONDS DEPOSITED WITH THE TREASURER OF
THE UNITED STATES OF AMERICA
OR BY LIKE DEPOSIT OF OTHER SECURITIES
THE
FEDERAL RESERVE BANK
OF
(City)
(State)
WILL PAY THE BEARER ON DEMAND
FIFTY DOLLARS
REDEEMABLE IN LAWFUL MONEY OF
THE UNITED STATES AT UNITED STATES
TREASURY OR THE BANK OF ISSUE
FIFTY DOLLARS
Reverse lettering
THE UNITED STATES OF AMERICA
U.S. CAPITOL
FIFTY DOLLARS