Fifty Dollar Notes › Nationals › 1882 Fifty Dollar National Bank Notes › Illinois Charters › 1882 $50 Paxton Illinois First National Bank
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1882 $50 Brown Back - Front
1882 $50 Brown Back - Back
1882 $50 Date Back - Front
1882 $50 Date Back - Back
| Item | Info |
|---|---|
| Series | 1882 |
| 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 | If your note doesn't match try: 1. Paxton, Illinois - First National Bank |
| Seal Varieties | Brown, Blue |
| See Also | If your note doesn't match try: 1. 1882 $50 Gold Certificate 2. 1878 $50 Legal Tender 3. 1880 $50 Legal Tender |
| Other Info | 1. Value depends on notes known for charter, condition and market demand. |
| Neat Fact | Full and partial sheets of National Bank Notes are known to exists. Families of bank officials, particularly those who signed the notes, kept them as keepsakes. Some sheets are extremely valuable. Others are more common. |
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