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1902 $50 Bill Value – How Much Is 1902 First National Bank of Swea City Iowa $50 Worth?

Fifty Dollar NotesNationals1902 Fifty Dollar National Bank NotesIowa Charters1902 $50 Swea City Iowa First National Bank

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Sell 1902 $50 First National Bank of Swea City, Iowa Bill
Item Info
Series1902
Charter#5637 First National Bank of Swea City, Iowa
Year Chartered1900, 422 Banks Chartered
City InfoSwea City is a city in Kossuth County, Iowa, United States. The population was 536 at the 2010 census. Swea City was platted in 1892; it was then called Reynolds. In February 1893, the name was officially changed to Swea City. Swea City was petitioned for incorporation on December 11, 1894 with a population of 161. Several objections were filed with the reasons for objection listed as, "One, the judges of the election administered the oath to themselves swearing in each other; and Two, the words 'for incorporation' were written on one ballot while 'against corporation' was written on another ballot." It was implied that the choice needed to be available on a single ballot in order to be valid. Later a second petition was filed this time on April 19, 1895 and the election was held at a schoolhouse. Each ballot had "For incorporation" and "Against incorporation" printed on them. The vote was 34 in favor of incorporation and 1 against, and the city was incorporated. Source: Wikipedia
Similar CitiesCity name is unique, no others like it.
Seal VarietiesRed, Blue
Other Info1. Value depends on notes known for charter, condition and market demand.
Neat FactNotes of Aldrich-Vreeland Period (1908-1915) contain inscription "Secured by United States bonds or other securities" (Friedbergs, 20th Ed. P 100)
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