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Bank of Stillwater
Bank of Stillwater
$2 Bank of Stillwater
$5 Bank of Stillwater
Brothers Horace and James E. Thompson of Saint Paul organized the Bank of Stillwater in 1863, in a village about 20 miles to the northeast of Saint Paul. This was their second banking venture, as the brothers had opened the Bank of Minnesota in Saint Paul the previous year. They, along with Minnesota State Treasurer Charles Scheffer, capitalized the Stillwater bank with $50,000.
The Bank of Stillwater authorized American Bank Note Company to re-engrave the retired plate of the Bank of Saint Paul for its notes. The Bank of Stillwater received its first order of notes on September 4, 1863 and its last on January 21 of the following year. A total of $35,640 in notes was issued. In 1868, $490 in notes remained unredeemed. Notes were redeemed at par.
Other Notes
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