Proof sheet for $50-100 of the Federal-American National Bank of Washington, DC, 1922

Proof sheet for $50-100 of the Federal-American National Bank of Washington, DC, 1922

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Description
National bank note proof from the National Capital Bank of Washington DC, $50-100. Charter number 10316. The $50 note features the portrait of John Sherman, Secretary of the Treasury from 1877 to 1881, and Secretary of State from 1897 to 1898. The $100 note depicts John J. Knox, Comptroller of the Currency from 1872 to 1884. National bank notes usually had four signatures on the faces; two Treasury officials and two signatures of officers in the bank that issued the notes. This proof sheet shows an interesting feature that occurred occasionally during the 1920’s where the bank would instruct the Bureau of Engraving and Printing to engrave the bank officers’ signatures, in this case Charles Boyer as Cashier and John Poole as President. This bank was organized on January 15, 1913 and changed its title to Federal-American on October 31, 1922 when this bank absorbed the American National Bank, Charter 6712 on that date. The title change was certainly the occasion for producing this plate a month after the change occurred. This was the only bank in D.C. to issue Series of 1902 plain backs in these denominations of $50 and $100. The bank went into receivership October 31, 1933. There are eleven large size notes with the new bank title and twenty-five notes with the earlier title known among collectors.
Location
Currently not on view
Object Name
Proof sheet
date made
1872
1920
1899
1890
1909
1922
1904
1905
1885
1896
1893
1891
Place Made
United States: California, San Francisco
place made
United States: District of Columbia, Washington
Measurements
overall: 34.4 cm x 20.3 cm; 13 9/16 in x 8 in
ID Number
NNC.297219.00551
accession number
297219
catalog number
NU*297219.00551
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Work and Industry: National Numismatic Collection
Coins, Currency and Medals
Data Source
National Museum of American History
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