Fifty Dollar Notes › Nationals › 1902 Fifty Dollar National Bank Notes › Illinois Charters › 1902 $50 Gibson Gibson City Illinois First National Bank
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| Item | Info |
|---|---|
| Series | 1902 |
| Charter | #8174 First National Bank of Gibson, Gibson City, Illinois |
| Year Chartered | 1906, 462 Banks Chartered |
| City Info | Gibson City is a city in Ford County, Illinois, United States. The population was 3,407 at the 2010 census. The site of Gibson City was purchased and platted by Jonathan B. Lott in 1869. In 1870, Lott built a home and a post office there, and several stores and a grain elevator were constructed. Lott named the place Gibson after the maiden name of his wife, Margaret Gibson Lott, and City was added later by the post office department. Both the Gilman, Clinton and Springfield Railroad and the Chicago and Paducah Railroad reached the town in 1871, allowing its population to grow. Gibson City was incorporated as a village in 1872. A third railroad, the LaFayette, Muncie and Bloomington Railroad, was built through Gibson City in 1874. In the same year, one of the railroads signed a contract that paid Augustana College, located in Paxton at the time, a commission of $1 per acre on all railroad land sold to Swedish settlers. Source: Wikipedia |
| Similar Cities | City name is unique, no others like it. |
| Seal Varieties | Red, Blue |
| Other Info | 1. Value depends on notes known for charter, condition and market demand. |
| Neat Fact | Notes of Aldrich-Vreeland Period (1908-1915) contain inscription "Secured by United States bonds or other securities" (Friedbergs, 20th Ed. P 100) |
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