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1902 $50 Bill Value – How Much Is 1902 First National Bank of Loogootee Indiana $50 Worth?

Fifty Dollar NotesNationals1902 Fifty Dollar National Bank NotesIndiana Charters1902 $50 Loogootee Indiana First National Bank

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Sell 1902 $50 First National Bank of Loogootee, Indiana Bill
Item Info
Series1902
Charter#7241 First National Bank of Loogootee, Indiana
Year Chartered1904, 460 Banks Chartered
City InfoLoogootee 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 CitiesCity name is unique, no others like it.
Seal VarietiesRed, Blue
Other Info1. Value depends on notes known for charter, condition and market demand.
Neat FactEngraved date is when bank was organized, a 20 or 40 year anniverary of its organization, or date of title change (Kelly, 5th Ed. P 5 & Huntoon 1995).
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