Five Dollar Notes › Nationals › 1875 Five Dollar National Bank Notes › Illinois Charters › 1875 $5 Paxton Illinois First National Bank
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| Item | Info |
|---|---|
| Series | 1875 |
| Charter | #1876 First National Bank of Paxton, Illinois |
| Year Chartered | 1871, 153 Banks Chartered |
| City Info | Paxton is a city in Ford County, Illinois, United States. The population was 4,473 at the 2010 census. It is the county seat of Ford County. The town was initially named Prairie City in the late 1840s, then Prospect City by an Illinois Central Railroad official in 1855. However, as Wilbur W. Sauer says that residents noted the town was "all prospect and no city." In 1859, it was renamed for Sir Joseph Paxton, architect of the Crystal Palace, who was a major shareholder in the Illinois Central Railroad, which in 1856 was the longest span of railroad in the world. It was rumored that Paxton was interested in organizing an English settlement in Illinois. The colony never materialized, but the town kept the name. Founded in 1859, Paxton celebrated its sesquicentennial in 2009. Source: Wikipedia |
| Similar Cities | City name is unique, no others like it. |
| Seal Varieties | Red with scallops |
| See Also | If your note doesn't match try: 1. 1882 $5 National Bank Notes 2. 1875 $5 Legal Tender 3. 1878 $5 Legal Tender 4. 1880 $5 Legal Tender |
| Other Info | 1. Value depends on notes known for charter, condition and market demand. |
| Neat Fact | Engraved 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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