-40%

FRONTIER NATIONAL BANK of EASTPORT, MAINE Stock 1897 Inc 1865 Washington Co ABNC

$ 6.83

Availability: 81 in stock
  • Country/Region of Manufacture: United States
  • Circulated/Uncirculated: Circulated
  • Type: Stock

    Description

    Frontier National Bank of Eastport, Maine. Stock issued January 22, 1897 at Eastport, Maine. Chartered in 1865 in the State of Maine
    . Gold embossed seal lower left. Certificate
    No. 299
    was issued to Charles F. Lincoln for three shares of capital stock. Hand signed by bank
    president E. E. Sheare
    and
    cashier George H. Hayes
    . Certificate is about 7” x 11.”
    Beautiful ABNC vignettes with sailing ships on ocean (top) and state seal of Maine (bottom).
    The Frontier National Bank of Eastport, Maine was chartered in 1865 as a printer of U. S. National Currency. The company printed approximately ,400,000 dollars worth of currency beginning in 1865 until 1931, when the Federal Government took over the production of currency. During its life, The Frontier National Bank of Eastport issued 15 different types and denominations of national currency. Eastport, Maine (Washington County), incorporated as a city on March 18, 1893, is the easternmost city in the United States and is on Moose Island.
    Eastport, Maine in the 1800s – In 1833 Eastport, Maine was the second largest trading port in the country after New York City. Farms produced hay and potatoes. Industries included a grain mill, box factory and carding mill, but the island's economy was primarily directed at the sea. With tides of about 25 feet, Eastport's spacious harbor remained ice-free year round. The first sardine factory was built here about 1875. The population grew with the emergence of the sardine fishery and related canning businesses, which studded the shoreline by the end of the 19th century. By 1886, the town contained 13 sardine factories, which operated day and night during the season, and produced approximately 5,000 cases per week. About 800 men, women and children worked in the plants.
    Condition:  Very Fine+
    , several folds, minor creasing, no tears, minor signs of wear/handling/toning (see photos), punch
    cancelled.
    Printer:
    American Bank Note Company, Boston.
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