PANAMA CITY

 

Established between 1884 and 1886 Panama City was originally called Park Resort. A Post Office was opened in 1886 and in 1889 the town was renamed Harrison to honor President Benjamin Harrison. In 1909 the name Panama City was chosen when the towns people decided to incorporate. Interest swirled around the construction of the Panama Canal leading to city figures welcoming ships to visit the Port of Panama City in later years.

Source: Wikipedia

First National Bank of Panama City (10346)

First National Bank Post Card

First National Bank Post Card

1902 Plain Back $10 Note Charter #10346

1902 Plain Back $10 Note
Charter #10346

Signed by N.A. Gayle, cashier, and A.A. Payne, as president.  This is the only bank in Florida with the rare engaved Treasury Signatures of Napier and Thompson.  A.A. Payne also served as cashier with A.S. Hill as president.  When the bank failed on Feb. 12, 1931, A.A. Payne was serving as president, J.R. Faircloth was vice-president and C.C. McClure was cashier.

1929 Type 1 $10 Note Charter #10346

1929 Type 1 $10 Note
Charter #10346

 

Organized on February 26, 1913 and chartered on March 12, 1913 the First National Bank of Panama City was established. The Depression was to blame for the banks downfall which eventually ended in receivership on February 12, 1931.

 

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