Fifty Dollar Notes › Nationals › 1902 Fifty Dollar National Bank Notes › Indiana Charters › 1902 $50 Loogootee Indiana First National Bank
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| 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 | 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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