Posted 5 years ago
Another Promotional Advertising Bank,this time for the "Keene national Bank,Keene,New-Hampshire.Swirl finish in immaculate condition.
4"1/4 wide by 3"1/4 high by 2"1/4
This model form is 1/3, other 2 will come later.
The Keene National bank –was chartered July 13, 1855, to George Huntington, William Haile, Samuel Woodward, Elisha Stebbins, Lawson Robertson, Frederick Vose, Caleb Carpenter. Amos A. Parker, and Asa Brewer, with a capital of $100,000.00. The first meeting of the corporation was held August 11, 1855, when seventy-two stockholders were admitted. At this meeting, also, seven directors were chosen, and Zebina Newell elected president. Business was begun October 10th, in the bankinghouse still occupied, on Main street. February 7, 1865, the bank was rechartered as a national institution, under its present name, the charter to remain in force twenty years, and February 7, 1885, it was renewed for another twenty years. It has an authorized capital of $300,000.00, and a paid-up capital of $100,000.00. Zebina Newell, the first president, died in 1858, and was succeeded by Frederick Vose, on March 29th, of that year. Mr. Vose was succeeded, at his death, by the present officer, Edward Joslin, November 24, 1871. The first cashier, George Tilden, held the office till his death, February 8, 1879, and was succeeded by J. R. Beal, February 10th, who still retains the office. A statement of the banks condition on May 6, 1885, was as follows :
Loans and discounts $128,767.23?Overdrafts 2,721.90?U. S. Bonds to secure circulation 100,000.00?Other stocks, bonds and mortgages 67,850.00?Due from approved reserve agents 33,601.95?Checks and other cash items 10.558.98?Bills of other banks 960.00?Fractional paper currency, nickels and pennies r.88?Specie 4,49332?Legal tender notes 205.00?Redemption fund with U. S. treasurer, 5 per cent. of circulation. 4,500.c5
Total $353,660.26 LIABILITIEs.
Capital stock paid in $100,000.00?Surplus fund 20,000.00?Undivided profits 36,238.93?National banks notes outstanding 90,000.00?Dividends unpaid 720.00?Individual deposits subject to check 59,486.85?Demand certificates of deposit 18,222.21?Due to State banks and bankers 20,482.27?Notes and bills re-discounted 10,510.00