Five Hundred Dollar Notes › Nationals › 1863 Five Hundred Dollar Original Series National Bank Notes › Illinois Charters › 1863 $500 Oakland Illinois Oakland National Bank
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| Item | Info |
|---|---|
| Series | 1863 |
| Charter | #2212 Oakland National Bank of Oakland, Illinois |
| Year Chartered | 1874, 83 Banks Chartered |
| City Info | Oakland is a city in Coles County, Illinois, United States. The population was 880 at the 2010 census. Oakland, formerly known as Independence, was platted in 1833. Pioneer doctor and abolitionist Dr. Hiram Rutherford moved to Oakland in 1840 to start his practice in the young town. He became a prominent citizen. Rutherford is most widely known for his involvement in the 1847 Matson Trial, which involved his friend Abraham Lincoln. A Kentucky slave owner, Gen. Robert Matson, annually brought slaves to work on his land near Oakland. One year, a family of slaves ran away from the farm and took refuge with Dr. Rutherford and Gideon Ashmore. Matson sued the men for harboring slaves; Rutherford and Ashmore countered that the slaves could not legally be held in a free state. Rutherford attempted to have Lincoln represent him in the case, but Lincoln had already agreed to represent the slave owner. Matson, represented by Lincoln, lost the case in Coles County court. Source: Wikipedia |
| Similar Cities | If your note doesn't match try: 1. Oakland, Maine - Messalonskee National Bank 2. Oakland, California - First National Bank 3. Oakland, California - Union National Gold |
| Seal Varieties | Red with rays |
| See Also | If your note doesn't match try: 1. 1863 $500 Compound Interest Treasury Note 2. 1864 $500 Compound Interest Treasury Note 3. 1863 $500 Gold Certificate 4. 1861 $500 Interest Bearing Note 5. 1863 $500 Interest Bearing Note 6. 1864 $500 Interest Bearing Note |
| Other Info | 1. Value depends on notes known for charter, condition and market demand. |
| Neat Fact | Banks could issue up to 90 percent of the par value of all bonds and securities on deposit with the Treasurer. (Kelly, 5th Ed. P1) |
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