Keene, New Hampshire. $10 1875. Fr. 416. The Citizens NB. Charter #2299. PMG Very Fine 20.The Citizens National Bank of Keene was incorporated on September 18, 1875, and began business on October 1 of the same year opening to the public on November 1. The capital was $100,000. Stephen D. Osborne was the founding president, and Obed G. Dort was the first cashier. In some listings the bank title was in the possessive, as Citizens, but most omitted the apostrophe. The bank did well, and in various audits all was found to be financially sound. On August 11, 1924, A.M. Avery, acting chief of the Organization Division of the Treasury Department, sent this memo to the chief of the Examining Division:<p><em>"The Ashuelot National Bank of Keene and the Citizens National Bank of Keene, Keene, New Hampshire, contemplate consolidating under the act of November 7, 1918, under the charter of the Ashuelot National Bank of Keene, and under the title of the Ashuelot-Citizens National Bank of Keene. Please advise if there are any assets of either association which should not be taken into the consolidated bank."</em><p>On September 6, 1924, the aforementioned consolidation took place, the Ashuelot-Citizens National Bank became the title, and the Citizens National Bank of Keene was no more.<p>The presently offered Series of 1875 $10 comes darkly printed in sharp detail with ample margins and neatly penned bank officers signatures. Some minor repairs are mentioned by the grading service on the back of the holder but those are limited in scope and do little to detract from the overall appearance.
