Fifty Dollar Notes › Nationals › 1902 Fifty Dollar National Bank Notes › Utah Charters › 1902 $50 Magna Utah First National Bank
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| Item | Info |
|---|---|
| Series | 1902 |
| Charter | #11228 First National Bank of Magna, Utah |
| Year Chartered | 1918, 156 Banks Chartered |
| City Info | Magna is a census-designated place and township in Salt Lake County, Utah, United States. The population was 26,505 at the 2010 census, a moderate increase over the 2000 figure of 22,770. Settlement of the area began in 1851 shortly after the Mormon pioneers reached the Salt Lake Valley. Early farmers settled in 1868 at the base of the northern Oquirrh Mountains and called their community Pleasant Green. By 1900, there were about 20 families in the area. One of the first Pleasant Green pioneers was Abraham Coon, who established a livestock ranch and settlement called “Coonville” in a canyon mouth at about 5400 South. The canyon is now known as Coon Canyon, and Coon Creek flowing out of it, is one of the major Oquirrh Mountain drainages. Coon Creek flows north and west through Magna to the Great Salt Lake. 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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