Two Interesting Eureka County Bank Stocks (110931)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:60.00 USD Estimated At:120.00 - 180.00 USD
Two Interesting Eureka County Bank Stocks  (110931)
70.00USDto d*******f+ (17.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Feb 17 @ 13:59UTC-8 : PST
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1) Number 25 issued to Moritz Scheeline. 1890. In 1890 Moritz moved to Reno. He organized the Bank of Nevada and was its head for 15 years. His uncle was associated with him in this bank. In 1904 Scheeline was vice president and director of the First National Bank of Reno. He left the Bank of Nevada in 1905. In 1907 he organized the Scheeline Banking & Trust Company. He was president from inception until his accidental death. The coroner's jury found that he was shot in the breast while cleaning his pistol. He owned considerable property around Reno and was heavily interested in mining at the new camp at Rawhide. 2) Number 57. 1898. Large green $1 documentary stamps. Both are cancelled.

The Eureka County Bank was incorporated on February 23, 1885 by Messrs M. D. Foley, R. K. Morrison, B. Gilman, W. E. Griffin and Mr. Daniel Myer of San Francisco. Its capital stock was one hundred thousand dollars and its first officers and directors were M. D. Foley president, R. K. Morrison vice president, H. T. Hoadley cashier, and W. E. Griffin assistant cashier. Wren in his history of Nevada says, "The bank has done a general banking business and has been the foundation upon which many of the business enterprises of the vicinity have depended." "...which has been the strong fortress of the commercial and financial activity of Eureka county and by its honorable business methods and sound conduct has won the confidence of the business element of the county and the state has had a successful existence for nearly twenty years and has throughout this period been under the control of men of highest financial integrity and reliability."The Eureka County Bank opened a branch in Elko around 1903. In 1905 the First National Bank of Elko took over the Elko operations.

Provenance: Ken Prag Collection
Country (if not USA):
State: Nevada
City/County: Eureka
Date: 1890, 1898