|
Fargo - The First National Bank Building
|
|
|
|
|
| Title | Fargo - The First National Bank Building |
| Date of Original | 1886 |
| Description | Engraving of two story brick First National Bank building located on the southwest corner of Front Street (Main Avenue) and South Broadway. A flag is flying on the flag pole at top of building. |
| Ordering Information | Consult: http://library.ndsu.edu/ndsuarchives/duplication-services |
| General Subject | Business & Industry
|
| Subject (LCTGM) | Banks Commercial facilities
|
| Subject (LCSH) | Building, Brick
|
| Organization Name | First National Bank (Fargo N.D.)
|
| Location | Fargo (N.D.) Cass County (N.D.) North Dakota United States
|
| Address | Fargo (N.D.) - Main Avenue Fargo (N.D.) - Main Avenue - 600 block Fargo (N.D.) - S. Broadway Fargo (N.D.) - S. Broadway - 10-31 block
|
| Decade | 1880-1889
|
| Item Number | 2065.3.2 |
| Negative Number | 4x5P-53 |
| Format of Original | Lithographs
|
| Dimensions of Original | 11 x 13 cm. |
| Transcription | "THE FIRST NATIONAL BANK.The First National Bank of Fargo is one of the strongest financial institutions in Dakota. It was organized in February, 1878, with a capital of $75, 000, doing business that year in a building 12x18, with but two employes to assist the officers of the bank. On the first of January, 1879, after nine months' operation, a dividend of twelve per cent was declared, and $1, 100 was carried to the surplus fund, the net earnings for that time being $11, 021.45. October, 1882, found the bank in the fine bank building, of which an illustration is given elsewhere, their deposits then amounting to $489, 386.98, the depositors numbering seven hundred and nineteen. That year exchange sold amounted to $5, 874, 263.22, and exchange bought to $7, 113, 613.27. The surplus and undivided profits amounted to $146, 712.60. Messrs. E. B. Eddy. of Plainview, Minn., and G. L. Erskine, of Racine, Wis., came to Fargo in November, 1877, for the purpose of establishing the Bank of Fargo, but finding others had organized under that name they determined to organize a national bank, which they did. They commenced business March 1, 1878, with E. B. Eddy, president; N. K. Hubbard, vice president; E. C. Eddy, cashier; and these with E. S. Tyler and Harry Stevens, directors. Mr. E. B. Eddy continued president until his death in February, 1885, when E. C. Eddy was chosen in his stead. N. K. Hubbard was succeeded as vice president by John D. Benton in 1882, and he by E. C. Eddy. In April, 1885, G. Q. Erskine was elected to this office. When elected to the vice presidency in 1883, E C. Eddy was succeeded by C. E. Robbins, cashier. The stock of this bank commands a premium of one hundred per cent." - text from associated article published in the Northwest Magazine, March 1886, p. 8. |
| Notes | Title printed under engraving. Engraver unknown. Image published in The Northwest Magazine, March 1886, p. 8. |
| Repository Institution | North Dakota State University Libraries, Institute for Regional Studies
|
| Repository Collection | Fargo Public Library Photograph Collection 2065
|
| Collection Finding Aid | Consult: http://hdl.handle.net/10365/979 |
| Credit Line | Fargo Public Library Photograph Collection, NDIRS-NDSU (2065.3.2) |
| Language | eng; |
| Digital ID | fpl00003 |
| Original Source | Photograph |
| Digital Alterations | Thumbnail version cropped |
|
|
|
|
|