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1888 -1889 Bank of Minot, Dakota Territory Collection

1888 -1889 Bank of Minot, Dakota Territory Collection

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1888 -1889 Bank of Minot, Dakota Territory Collection

by E. Ashley Mears, President]; [A.E. Mears, Cashier]

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About This Item

Minot, Dakota [Dakota Territory, now present-day North Dakota], 1888-1889. One letter with expert tissue mend; overall, very good.

The Bank of Minot was likely the first bank established in Minot, Dakota. In this group, the bank's president and cashier solicit investments and discuss the issuing of capital stock and the sale of debenture bonds, etc. All items were sent to John F. Betz of Philadelphia. The Betz family owned the John F. Betz & Sons Brewery. Viz.,

•  One Broadside and Three Circulars. A stock prospectus; a personalized solicitation to invest in the bank stating surplus and dividend profits; a broadside prospectus for 8% debenture bonds secured by the Mortgage Bank and Investment Co. of Fargo, Dakota Territory; an extract from the Revised Code of Dakota on stockholder liability on unpaid portions of stock; and a list of references, including four in Philadelphia, and referring investors to Bradstreet's Mercantile Agency.

•  Three Letters Signed by E. Ashley Mears, President. Discussing shares in Betz's name, the registration of bonds, dividends, and a recommendation to buy stock in the Bank of Tower in Tower City, Dakota Territory.

•  One Autograph Letter Signed and One Letter Signed by A.E. Mears, Cashier. Discussing better-than-expected earnings, a surplus, the bank's first series of debenture bonds, another stock recommendation.

"The Magic City of Minot" was founded in 1886 and sprung up overnight when work on the Great Northern Railroad had to pause in its construction during the winter of that year.  Henry Davis Minot was a railroad investor and friend of Jim Hill.

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Details

Bookseller
Ian Brabner, Rare Americana (ABAA) US (US)
Bookseller's Inventory #
3731786
Title
1888 -1889 Bank of Minot, Dakota Territory Collection
Author
E. Ashley Mears, President]; [A.E. Mears, Cashier]
Book Condition
Used
Quantity Available
1

Terms of Sale

Ian Brabner, Rare Americana (ABAA)

We are members of the Antiquarian Booksellers Association of America (ABAA) and the International League of Antiquarian Booksellers (ILAB). As such, we abide by their code of ethics and conduct. We are also members of The Manuscript Society and The Ephemera Society of America (Lifetime). Ian Brabner is also a member of The Grolier Club. All items are unconditionally guaranteed to be as described and authentic. All major defects are noted. Images are not to scale, measurements are given. Returns are accepted for any reason within 12 days of receipt. We accept all major credit cards, PayPal, and check. Institutions and libraries may be billed per their budgetary requirements. All items are subject to prior sale. Title does not pass to the buyer until the purchase price has been discharged in full.

About the Seller

Ian Brabner, Rare Americana (ABAA)

Seller rating:
This seller has earned a 5 of 5 Stars rating from Biblio customers.
Biblio member since 2020
Wilmington, Delaware

About Ian Brabner, Rare Americana (ABAA)

Established in 1995, Ian Brabner, Rare Americana buys and sells rare books and manuscripts covering diverse facets of American history.

Our inventory encompasses a broad spectrum of collecting interests, with a special focus on 18th- and 19th-century American history, including African-American history, women's history, and unique or unusual materials documenting the American experience. In our stock, you will also find rare pamphlets, documents, letters and correspondence, journals, diaries, significant archives, as well as original art, graphics, and photographs.

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