1907 - Closed Nov. 4th - Declared insolvent Nov. 9th
1908 - Restored to solvency May 23rd
1910 - Voluntarily liquidated Jan. 11th, capital of $50,000
1910 - Absorbed by The First National Bank of Globe #6579
In business a short time, this territorial-only bank barely scraped by "The Panic of 1907". Three notes are known.
Territorial Issues
Series 1902 - Red Seal
$5-$5-$5-$5 #1 - 1250 ($25,000)
10-10-10-20 #1 - 1250 ($62,500)
$5's = 5000
10's = 3750
20's = 1250
Series 1902 - Date Backs
$5-$5-$5-$5 #1 - 538 ($10,760)
10-10-10-20 #1 - 480 ($24,000)
Total Territory Large = 14,072 ($122,260)
Outstanding at Close = $50,000
Outstanding in Oct. 1910 = $44,150
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