Santo

The First National Bank of Santo

Santo is in Palo Pinto County, north off I10 and 30 miles west of Weatherford.

"FIRST NATIONAL BANK"
is written across the top of the bank building.

The bank in 1906.

"Taken from assembly minutes March 1, 1906 in Santo, Palo Pinto County: "Be it remembered that there was convened and held in the town of Santo in the County of Palo Pinto and the State of Texas a mass meeting of individuals called together for the purpose of organizing a Bank in the town of Santo in said county and State." 
These minutes heralded the establishment of First National Bank of Santo. At this March organizational meeting the Board of Directors were elected. On April 25, 1906 the Board voted to take over the assets of the Merchants and Farmers Bank of Santo. The reigning Director resigned and the Board elected A.B. Gilbert to assume his position. This began an era of the Gilbert family involvement with First National Bank of Santo."
[https://www.comanchenational.com/about/about-us]

The First National Bank of Santo was chartered number 8176 in 1906 and continued printing currency throughout the National Bank period.

The National Bank Note Census identifies twenty-four notes: ten 1902 Plain Backs, eight 1929 Type 1's, and six Type 2's.

This Type 1 sold at a Heritage Currency auction in September 16 for $399.


[Image Heritage Currency Auctions]

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