FRONTIER NATIONAL BANK of EASTPORT, MAINE Stock 1897 Inc 1865 Washington Co ABNC

Description

Frontier National Bank of
Eastport, Maine. Stock issued January 22, 1897 at Eastport,
Maine. Chartered in 1865 in the State of Maine
. Gold embossed seal
lower left. Certificate
No. 299
was issued to Charles F. Lincoln for
three shares of capital stock. Hand signed by bank
president E. E.
Sheare
and
cashier George H. Hayes
. Certificate is about 7” x 11.”
Beautiful ABNC vignettes with sailing ships on ocean (top) and state
seal of Maine (bottom).
The Frontier National Bank
of Eastport, Maine was chartered in 1865 as a printer of U. S.
National Currency. The company printed approximately $1,400,000
dollars worth of currency beginning in 1865 until 1931, when the
Federal Government took over the production of currency. During its
life, The Frontier National Bank of Eastport issued 15 different
types and denominations of national currency. Eastport, Maine
(Washington County), incorporated as a city on March 18, 1893, is the
easternmost city in the United States and is on Moose Island.
Eastport, Maine in the
1800s – In 1833 Eastport, Maine was the second largest trading port
in the country after New York City. Farms produced hay and potatoes.
Industries included a grain mill, box factory and carding mill, but
the island’s economy was primarily directed at the sea. With tides of
about 25 feet, Eastport’s spacious harbor remained ice-free year
round. The first sardine factory was built here about 1875. The
population grew with the emergence of the sardine fishery and related
canning businesses, which studded the shoreline by the end of the
19th century. By 1886, the town contained 13 sardine factories, which
operated day and night during the season, and produced approximately
5,000 cases per week. About 800 men, women and children worked in the
plants.
Condition:  Very Fine+
, several folds, minor creasing, no tears, minor signs of wear/handling/toning (see photos), punch
cancelled.
Printer:
American Bank Note Company, Boston.
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