Hokiefan's Collection Of Arkansas Obsoletes, Scrip And National Bank Notes

Thanks, MintedNotPrinted!

Very nice!

The First National Bank of Springdale, Arkansas, was chartered on June 24, 1907 and existed until it merged and became part of First Security Bank in 2004. This was the only issuing charter in the city, which is located between Fayetteville and Bentonville in northwest Arkansas.

The bank issued 1902 Red Seal, Date Back and Plain Back notes, and 1929 Type 1 and Type 2 notes, with all types being issued in denominations of $5, $10 and $20. There are a total of nineteen large size notes in the NBN census, with five of those being $10 1902 PB. All five, including this one, are listed as being in F to VF condition.

Signatures of cashier J.P. Deaver and C.G. Dodson. Deaver was cashier from 1907 to 1929, and Dodson was president from 1907 to 1928.

That's a nice note from Chickendale!

While this note has seen its fair share of use, I was very happy to add it to my Arkansas note collection. Hartford, located in far west Arkansas about 30 miles south of Fort Smith, was a booming coal mining town in the first two decades of the 20th century.

Charter 11830, organized in 1920, was one of two issuing charters in the town and issued notes under three different titles. This example is from the first title, The Farmers and Miners NB of Hartford. The title was changed in early 1925 after it absorbed The FNB of Hartford (the other issuing charter) and it became The New FNB of Hartford. In 1926 it was re-titled The FNB in Hartford. The charter was liquidated in 1934.

Under the first two titles, only $5 1902 PB notes were issued. The third title issued $5 1902 PB and $5 1929 Ty1 and Ty2 notes. The census reports a total of 7 large size notes, with three of those from the 1st title and two each from the others.

The note has the barely-legible signature of Iser H. Nakdimen as president, and I've not yet been able to make out the signature of the cashier.

One curious thing is that Nakdimen was president of 8 different issuing charters in Oklahoma and Arkansas. The four charters in Arkansas issued notes under seven different titles, and I now own examples with his signature from five of those.

Thanks, Bud250r, I appreciate your kind remarks! I really love the research aspect of collecting Arkansas NBN's, obsolete notes, and scrip. Not only the history of the towns and the notes themselves, but the banks, the bank officers, and (for scrip) the merchants who issued them. So many interesting stories out there!