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Bullion and Exchange Bank Check Book

Currency:USD Category:Collectibles / Western Americana Start Price:50.00 USD Estimated At:100.00 - 500.00 USD
Bullion and Exchange Bank Check Book
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This 14" long, 3" wide check book, inscribed "E. Williams" on the front cover, contains stubs for checks 1-57, and contains unused checks numbers 58, 61-96. The Carson City Savings Bank was incorporated in 1875, when local businessmen saw a need for banking in Carson City, Nevada, particularly after the opening of the US Mint in 1869. The bank became the Bullion and Exchange Bank in 1882. With the decline in mining and reductions in development, the Bullion and Exchange Bank was restructured into the State Bank and Trust Company in 1903, failing by 1907. In turn, each of the three banks served the growing population of Carson City by providing banking services and dealing in mining stock. The Bullion and Exchange Bank was one of the busiest banks in 1890s. The bank was set up as a clearinghouse for other Nevada banks for bullion, coins, drafts, checks, and other valuables. Taking advantage of its friendly connections with Carson City Mint officials, the B&E Bank opened an office inside the facility. Shortly after Carson City`s coining charter was suspended in 1893, B&E took over control of refining operations. "E. Williams" may refer to one of the major merchants in Carson City who, along with Cashier T. R. Hofer, Richard Kirman Sr, and Jacob Klein , helped to direct the B & E Bank. This checkbook is in fine condition, with some age related foxing, wear, and a little staining on the rear cover. The center of each check is imprinted with an orange 2c Internal Revenue stamp RN-X7. The Irwin-Hobson Co. Portland, Ore. is listed as the printer on each check. City: Carson City State: Nevada Date: 1899-1900 hwac# 62306