Lot 2547
CA, Whittier, 1882, $5.00, Date Back, The First National Bank of. . Fr-6022. Charter 5588. Fr. 537. 1882 Date Backs are very much the same as Brown Backs, as most of the notes listed in the California Census are from San Francisco or Los Angeles with very little in between. Just 3 Date Backs are listed from this bank; 2 of them are $5.00's and 1 is a $20.00. The $20.00 has not been seen in 5 or more years, while the very low grade $5.00 is in a local collection. A few pinholes from the original note that was pinned to the bill. Choice Uncirculated.
The note attached to the bill is very unusual and just outright rare. "1st bill as cashier 2/5/1910 Mr. F.W. Hadley". No doubt that Mr. Hadley was celebrating his elevation from assistant cashier to cashier that day and he saved the very first bank note he signed.
Signed by F.W. Hadley, cashier and A. Hadley, vice president. From the Hadley Estate.
Fred W. Hadley was born July 1, 1874, while his parents resided at Lawrence, Kansas. He attended public school there, and on leaving Kansas he worked for a year with a mortgage firm in Denver, Colorado. Then coming to Los Angeles, he attended high school in that city, and took a course in Whittier College. He left college to become collector for The National Bank of California at Los Angeles, and while at that institution he was advanced to bookkeeper and then to paying teller. Fred Hadley had been a Whittier banker since 1903. He was the first bookkeeper for The First National Bank, then assistant cashier, then cashier and in 1914 advanced to presidency of the institution.
Estimated Value $2,500 - 5,000.
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| Realized $3,795 |
