1931 - Voluntarily Liquidated (01/07), capital of $50,000
Purchased by Arizona Central Bank, Flagstaff
Epilogue
1931 - Arizona Central Bank moves HQ to Phoenix (01/26)
Title changed to 'Arizona Bank'
1932 - Bank closed by AZ State Banking Department (06/24)
"That went well..."
1937 - Final dividend - Depositors paid 51% (06/07)
Note: Not affiliated with the"Arizona Bank" of the 1950's - 1990's
Featured in this circa 1920 city guide, notes from this mountain community bank are not common in large size and downright rare in small. The building still exists to my knowledge, but had been a photography shop in 1990.
Update 2011: The building at 23 Aspen Street is now home to the Pita Pit, a "Fresh Food" Restaurant (Photo: Daniel Greene)
Statehood Issues
Series 1902 - Plain Backs
$5-$5-$5-$5 #1 - 8660
10-10-10-20 #1 - 5770
$5's = 34,640
10's = 17,310
20's = 5,770
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Total = 57,720
Series 1929 - Type 1
6 x $5 #1 - 795
6 x 10 #1 - 407
6 x 20 #1 - 110
The Five seen here was reportedly tendered as payment at a northern-Arizona convenience store in the early 2000's. It was subsequently auctioned for five figures, but don't tell THAT guy...
$5's = 4,770
10's = 2,442
20's = 660
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Total = 7,872
Total Large Issued = 57,720 ($461,700)
Total Small Issued = 7,872 ($61,470)
====================================
Total Amount Issued = $523,170
Outstanding 1931 = $44,480
Large Outstanding 1931 = $6,430
Known Notes as of January, 2019:
Large: 15 Small: 2
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