Tallulah, Louisiana. $20 1929 Ty. 1. Fr. 1802-1. The Madison NB. Charter #12923. PMG Very Fine 25. A rare offering from this Madison County bank that reports just 10 small size notes known in addition to only nine large size examples. The Madison National Bank of Tallulah was organized in February of 1926 and issued $225,050 in National Currency before going into receivership in October of 1933. This Type 1 $20 is darkly printed on bright, evenly circulated paper. This note sits at or near the top of the condition census for small notes known on the bank.
