Kansas Paper Money: An Illustrated History, 1854-1935 - download pdf or read online

By Steve Whitfield

ISBN-10: 0786441321

ISBN-13: 9780786441327

Kansas had just a couple of years within which its bankers and retailers issued the now-obsolete notes that experience develop into such popular--and rare--collector's goods. This seriously illustrated heritage info Kansas paper financial institution notes and scrip via 1935. just like the Society of Paper funds creditors' country catalogs it presents historical past and listings of particular notes and reviews on their rarity, however it is exclusive in grouping notes and issuers alphabetically in line with the commercial interval during which the notes have been issued. Notes are separated into 3 significant different types: municipal governments, retailers, and banks. Appendices learn sleek reproductions of out of date foreign money, altered notes and write-in scrip, the printers and engravers who created the actual notes, and extra.

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Additional resources for Kansas Paper Money: An Illustrated History, 1854-1935

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R-5 34 Kansas Paper Money Drover’s Bank of Kansas, Fort Leavenworth, stock certificate. MERCHANTS BANK (Fraudulent Bank) These notes are true wildcat notes. The story of their origin is found in the Kansas Weekly Herald newspaper issues of November 10, 1854, and January 19, 1855. A Mr. Lucien Ayer traveled to Fort Leavenworth in the fall of 1854 and announced his intentions to establish a local bank. The bank was never opened, but a large quantity of the notes of this bank were printed and apparently sold in the northeast before the fraud was discovered.

Those authorized to issue currency. The maximum allowable loan interest was 10 per cent and loan periods were limited to one year. This resulted in limited availability of loanable funds, which worked to the disadvantage of local merchants and farmers. The bank was authorized to issue paper money. Special provisions in the charter ensured that the notes would be redeemable in coin. The smallest allowable denomination was $3. 48 Kansas Paper Money Efforts to establish the Atchison branch and the Fort Scott branch included opening subscription books at those locations.

R-5 117. $3 July 1, 1856. As above. Plate letter A . . . . . . . . . . . . . . R-5 34 Kansas Paper Money Drover’s Bank of Kansas, Fort Leavenworth, stock certificate. MERCHANTS BANK (Fraudulent Bank) These notes are true wildcat notes. The story of their origin is found in the Kansas Weekly Herald newspaper issues of November 10, 1854, and January 19, 1855. A Mr. Lucien Ayer traveled to Fort Leavenworth in the fall of 1854 and announced his intentions to establish a local bank. The bank was never opened, but a large quantity of the notes of this bank were printed and apparently sold in the northeast before the fraud was discovered.

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Kansas Paper Money: An Illustrated History, 1854-1935 by Steve Whitfield


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