Claremont, New Hampshire. $20 1929 Ty. 2. Fr. 1802-2. Claremont NB. Charter #13829. PMG Very Fine 25.This charter has been a great challenge to collectors, a bank which had a previous total of just nine known notes prior to this new addition. Claremont was home to two issuing banks with this being the rarer by far. The other, the Peoples National Bank has roughly six times more entries in the census. This $20 note joins another three for the denomination and is quite appealing, with problem free paper for the assigned PMG grade. Another emfind/em for the specialist!ppThe Claremont National Bank (2nd) received charter 13829 in November 1933, as successor to the Claremont National Bank (1st), charter 596. The institution assumed certain assets and liabilities of its predecessor, including currency circulation.ppThe official title for charter 596 was The Claremont National Bank, with "The" capitalized. This style appeared on all currency, while it was often ignored elsewhere. In this text we have designated this as the Claremont National Bank (1st). When a new bank was formed in 1933 (charter 13829) the capitalized "The" was removed on paper money and official documents. If the new bank had been given a new and unfamiliar name the public might not have trusted it. This was the year of the Bank Holiday and other financial crises, and many banks failed. This one failed in a sense as it was dissolved and some assets were moved to a new corporation.p
