Redeemable at Bank of Memphis
Overview
The owners of the Bank of Chattanooga also owned the Bank of Memphis.
The Tennessee State General Assembly of 1859-1860 enacted a bill, at the
owners request, to withdraw the Bank of Memphis and establish in lieu
thereof, a branch of the Bank of Chattanooga in Memphis. The parent bank
in Chattanooga and the branch bank in Memphis issued common notes starting
in 1859 in denominations of $10, $20, $50 and $100. All the notes of this
period have "REDEEMABLE AT THE BANK OF MEMPHIS" on a circular red-orange
seal. The American Bank Note Company printed these notes. All the notes
of this type were signed
by the cashier, W. D. Fulton, and the second bank president, John Overton.
$10 Notes
There are four varieties of the $10 notes. Each varieties has different
plate letter, A to D, with a different railroad name on the boxcar for
each plate letter. All notes are hand dated Sept. 1, 1859.
$10 Train Memphis & Charleston, plate A, G-97
Train of Cars by Mosely Isaac Danforth
Dennis Schafluetzel collection
$10 Train Memphis & Ohio, plate B, G-98
Tom Carson collection
$10 Train Memphis & Little Rock, plate C, G-99
Dennis Schafluetzel collection
$10 Train Mississippi & Tennessee, plate D, G-100
Tom Carson collection
Back $10 notes red / orange with George Washington
Dennis Schafluetzel collection
$20 Notes
There are two varieties of the $20 note listed, one hand dated Sept. 1,
1859 and the other dated Oct 1, 1860.
$20 Paddlewheel Steamboat Chattanooga 1859 G-107
Dennis Schafluetzel collection
$20 Paddlewheel Steamboat Chattanooga 1860 G-108
Tom Carson collection
Back
$20 notes red / orange with three 20s
Dennis Schafluetzel collection
$50 Notes
There are two varieties of the $50 note listed, one hand dated Sept. 1,
1859 and the other dated Oct 1, 1860.
$50 Oxen pulling wagon 1859 G-111
Dennis Schafluetzel collection
$50 Oxen pulling wagon 1860 G-112
Dennis Schafluetzel collection
Back $50 notes red / orange with three 50s
Dennis Schafluetzel collection
$100 Notes
There are two varieties of the Battle of New Orleans $100 note listed,
one hand dated Sept. 1, 1859 and the other dated Oct 1, 1860.
$100 Battle of New Orleans 1859 G-116
Tom Carson collection
$100 Battle of New Orleans 1860 G-117
Dennis Schafluetzel collection
Back $100 notes red / orange with two 100s
Dennis Schafluetzel collection
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