Five Dollar Notes › Nationals › 1902 Five Dollar National Bank Notes › North Carolina Charters › 1902 $5 Fairmount North Carolina First National Bank
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| Item | Info |
|---|---|
| Series | 1902 |
| Charter | #12009 First National Bank of Fairmount, North Carolina |
| Year Chartered | 1921, 179 Banks Chartered |
| City Info | Fairmont is a town in Robeson County, North Carolina, United States. The population was 2,663 at the 2010 census. Fairmont was founded on the site of the Ashpole Institute, a small private academy, and was chartered in 1899 as Ashpole, then Union City and lastly as Fairmont. The first settlers to this area received land grants from the Lords Proprietors and worked in the logging and naval stores industries producing lumber, turpentine and pitch for ships. The Bufort County Lumber Company opened in the northern section of town in the late 1890s employing 300 men and becoming one of the largest lumber companies in the south. By the late 19th century, a thriving tobacco market had been established as well. The railroads later followed to rapidly move these goods. By the early 20th century, tobacco became king, and by the mid-1950s, Fairmont was considered one of the major tobacco markets in the world. Based upon its 1950 population of a little over 2,000 Fairmont was considered as the "biggest little tobacco market in the world. In 1951 Fairmont sold twice as much … Source: Wikipedia |
| Similar Cities | If your note doesn't match try: 1. Fairmount, North Dakota - First National Bank 2. Fairmount, Illinois - First National Bank 3. Fairmount, North Dakota - National Bank of Fairmount |
| Seal Varieties | Red, Blue |
| See Also | If your note doesn't match try: 1. 1907 $5 Legal Tender 2. 1899 $5 Silver Certificates |
| Other Info | 1. Value depends on notes known for charter, condition and market demand. |
| Neat Fact | Notes from common charters are less valuable compared to rarer charters. Value also depends on type, denomination and total notes known for city, state and region. Ultimate determination of value is collector demand. |
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