Fifty Dollar Notes › Nationals › 1902 Fifty Dollar National Bank Notes › Indiana Charters › 1902 $50 Loogootee Indiana First National Bank
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1902 $50 Red Seal - Front
1902 $50 Red Seal - Back
1902 $50 Date Back - Front
1902 $50 Date Back - Back
1902 $50 Plain Back - Front
1902 $50 Plain Back - Back
| Item | Info |
|---|---|
| Series | 1902 |
| Charter | #7241 First National Bank of Loogootee, Indiana |
| Year Chartered | 1904, 460 Banks Chartered |
| City Info | Loogootee is a city in Perry Township, Martin County, in the U.S. state of Indiana. The population was 2,751 at the 2010 census. Hoosiers from the area pronounce the name of the town. Several etymologies of the place name have been proposed. One would make it an Anglicization of the French name Le Gaultier. However, the most likely explanation is that Loogootee is a compound word honoring both Thomas Lowe, engineer of the first train through the town; and Thomas Nesbe Gootee, owner of the land where the town was built. However, the latter origin does not explain the presence of an identically named unincorporated village in Lone Grove Township, Fayette County, Illinois. Since Loogootee, Illinois, is due west of Loogootee, Indiana, there is a possibility that pioneers named their town in Illinois after the town they came from in Indiana. 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 | Red Seals issued in sheets of 2 Notes: 1 $50 Note & $ $100 Note (Friedbergs, 20th Ed. P135) |
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