Plain Back 1902 Series Ten Dollar THE WARREN NATIONAL BANK PENNSYLVANIA. SERIAL 53914 CHARTER #4879 After the Revolutionary War, General William Irvine and Andrew Ellicott were sent to the area to lay out a town in 1795. It was named after Major General Joseph Warren. The first permanent structure in Warren, a storehouse built by the Holland Land Company, was completed in 1796. Daniel McQuay of Ireland was the first permanent inhabitant of European descent. Lumber was the main industry from 1810–1840, as the abundance of wood and access to water made it profitable to float lumber down the Allegheny River to Pittsburgh. David Beaty discovered oil in Warren in 1875 while drilling for natural gas in his wife’s flower garden. Oil came to dominate the city’s economy. Many of the town’s large Victorian homes were built with revenue generated by the local oil and timber industries. Thompson’s signature on all notes of his tenure is that of James Carroll Napier, a prominent African American leader and lawyer from Nashville. First appointed Register of the Treasury by Taft in 1911, Napier succeeded William T. Vernon who had resigned to accept a federal appointment. In 1913, a few months after Wilson’s inauguration, Napier would resign in protest of administration policy giving cabinet secretaries broad authority in mandating racial segregation in federal workplaces like the Treasury Department and the Bureau of Engraving & Printing. As their period of concurrent service was only 111 days, few plates were made during this time and as a result, few notes were printed bearing the engraved signatures of both men. Even though such plates were most likely used past Thompson’s resignation, the surviving population of notes bearing their signatures reflects the brevity of their tenure. Only small amounts of this signature combination are known on large-sized currency. Third party graded P.M.G #25 Very fine plus, Great pen signatures… Including this one being NAPIER-THOMPSON Treasury Officials.
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