First National Bank of Portland, ME (Charter 221)
First National Bank of Portland, ME (Chartered 1864 - Receivership 1933)
Town History
Portland is located in Cumberland County.
Portland had 11 National Banks chartered during the Bank Note Era, and all 11 of those banks issued National Bank Notes.
Bank History
- Chartered January 29, 1864
- Succeeded International Bank
- Assumed 878 June 24, 1872 by consolidation (Second National Bank, Portland, ME)
- Conservatorship March 31, 1933
- Receivership Nov 6, 1933
On Tuesday, January 9, 1872, the stockholders elected the following directors: H.J. Libby, St. John Smith, John B. Brown, John Rand, Charles Holden, Ezra Carter, Thomas M. Reed in place of H.B. Hart.[1] In June 1872, it was reported that the stock, credits, assets and franchises of the Second National Bank of Portland had been purchased by the First National Bank and that the business of the two institutions would be consolidated. This increased the capital of the First National to $900,000 from $800,000. Stockholders of the Second National Bank received an equivalent of $30 premium per share.[2] Starting June 24th, W.N. Gould would carry on a strictly banking business in the banking rooms of the Second National Bank under the style of the Bank of Portland.[3]
On Tuesday, January 14, 1873, the stockholders elected the following directors: H.J. Libby, president; Charles Holden, St. John Smith, Ezra Carter, John Rand, and Thomas M. Reed, directors; William E. Gould, cashier.[4]
Official Bank Title
1: The First National Bank of Portland, ME
Bank Note Types Issued
A total of $11,943,980 in National Bank Notes was issued by this bank between 1864 and 1933. This consisted of a total of 1,727,388 notes (1,349,536 large size and 377,852 small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s Sheet Comments Original Series 3x1-2 1 - 8046 Original Series 4x5 1 - 11350 Original Series 4x10 1 - 10575 Original Series 2x20-50-100 1 - 1909 Original Series 50-100 1910 - 3500 Series 1875 4x5 1 - 6255 Series 1875 4x10 1 - 6245 Series 1875 2x20-50-100 1 - 2069 1882 Brown Back 4x5 1 - 11476 1882 Brown Back 3x10-20 1 - 8574 1882 Brown Back 50-100 1 - 1963 1902 Red Seal 4x5 1 - 2900 1902 Red Seal 3x10-20 1 - 2100 1902 Date Back 4x5 1 - 21750 1902 Date Back 3x10-20 1 - 16500 1902 Plain Back 4x5 21751 - 218308 1902 Plain Back 3x10-20 16501 - 45800 1929 Type 1 6x5 1 - 52998 1929 Type 1 6x10 1 - 6898 1929 Type 2 5 1 - 15206 1929 Type 2 10 1 - 3270
Bank Presidents and Cashiers
Bank Presidents and Cashiers during the National Bank Note Era (1864 - 1933):
Presidents:
- St. John Smith, 1864-1869
- Harrison Jewell Libby, 1870-1890
- Frederick Robie, 1891-1911
- Daniel Freeman Emery, Jr., 1912-1912
- Philip Greeley Brown, 1913-1932
Cashiers:
- William Edward Gould, 1864-1885
- James Edward Wengren, 1886-1912
- Carl A. Weber, 1913-1929
- Everett Montgomery Holden, 1930-1932
Other Known Bank Note Signers
- No other known bank note signers for this bank
Bank Note History Links
Sources
- Portland, ME, on Wikipedia,
- Don C. Kelly, National Bank Notes, A Guide with Prices. 6th Edition (Oxford, OH: The Paper Money Institute, 2008).
- Dean Oakes and John Hickman, Standard Catalog of National Bank Notes. 2nd Edition (Iola, WI: Krause Publications, 1990).
- Banks & Bankers Historical Database (1782-1935), https://spmc.org/bank-note-history-project