Five Hundred Dollar Notes › Nationals › 1863 Five Hundred Dollar Original Series National Bank Notes › Illinois Charters › 1863 $500 Arcola Illinois First National Bank
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| Item | Info |
|---|---|
| Series | 1863 |
| Charter | #2204 First National Bank of Arcola, Illinois |
| Year Chartered | 1874, 83 Banks Chartered |
| City Info | Arcola is a city in Douglas County, Illinois, United States. The population was 2,916 at the 2010 census. The city was founded in 1855, when the Illinois Central Railroad was built through the county. The railroad itself was responsible for surveying, platting and founding the town. Source: Wikipedia |
| Similar Cities | City name is unique, no others like it. |
| Seal Varieties | Red with rays |
| See Also | If your note doesn't match try: 1. 1863 $500 Compound Interest Treasury Note 2. 1864 $500 Compound Interest Treasury Note 3. 1863 $500 Gold Certificate 4. 1861 $500 Interest Bearing Note 5. 1863 $500 Interest Bearing Note 6. 1864 $500 Interest Bearing Note |
| Other Info | 1. Value depends on notes known for charter, condition and market demand. |
| Neat Fact | Banks could issue up to 90 percent of the par value of all bonds and securities on deposit with the Treasurer. (Kelly, 5th Ed. P1) |
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