First National Bank
of Ceylon, Minnesota
Large Size - 2^nd Charter
Plain Back - US$20

Denomination : $20 English : Twenty Dollars State : Minnesota City : Ceylon Bank : First National Charter : 6029 Seal Color : Blue Size : 189x79 mm Date on Note : Oct. 4, 1921 Year of Issue : 1922 Front Design : 1902 Back Plate Type : Plain Back Bank Serials : 1 - 1619 Plate Prefix : A Printed Notes : 1619 Known Notes : 2 (T&P) Status : 1 Signature
	Click on image to see Certified Proof Fr. 660 $20 1902ND FNB

Front: Printed in Black the Engravings: On left, within eliptical Panel President Hugh McCulloch indentified below in arc as HUGH M^cCULLOH
Large Numeric 20 on upper right and lower left corner. Smaller and angle in other two.
On top as arc above portrait NATIONAL CURRENCY. Center of top border SECURED BY UNITED STATES BONDS DEPOSITED WITH THE TREASURY OF THE UNITED STATES OF AMERICA below left of center.
THE FIRST NATIONAL BANK OF CEYLON WILL PAY THE BEARER ON DEMAND TWENTY DOLLARS Ceylon MINNESOTA Oct 4, 1921 in 8 arcs/lines. Above US Treasury Signatures:
On left W. S. Elliot Register of the Treasury (1919-11-21 to 1922-01-24)
On right Frank White of North Dakota, Treasurer of the United States (1921-05-02 to 1928-05-01).
Labeled space at bottom for hand Signatures of Bank F. H. Koenecke (1914-32) Cashier on left and G. W. Gruber (1920-31) President on right.
Along Border Charter No 6029 on left and right, and two times on top and bottom.
Plate position A on lower left and upper right.
Will be Overprinted in Blue Bank Serial Number on lower left and upper right. Large Charter Number 6029 with Seal of Treasury below on right.
Back: On left a statue of Lady Freedom sword sheathed in a bundle of rods in her right hand and a torch in her left and shield with 13 stars at her feet, in front of th the Capitol building in Washington DC. . Large numeric value 20 on all four corners with the left two tilted. On top border Value TWENTY DOLLARS divided by NATIONAL CURRENCY in center in an arc.
Lower panel inscription in 5 lines THIS NOTE IS RECEIVABLE AT PAR IN ALL PARTS OF THE UNITED STATES, IN PAYMENT OF ALL TAXES AND EXCISES AND ALL OTHER DUES TO THE UNITED STATES. EXCEPT DUTIES IMPORTS AND ALSO SALARIES AND OTHER DEBTS, DEMANDS OWING, BY THE UNITED STATES TO INDIVIDUALS, CORPORATIONS & ASSOCIATIONS WITHIN THE UNITED STATES, EXCEPT INTEREST ON PUBLIC DEBT.

Hugh McCulloch(1808-1895) played a central role in financing the American Civil War debt of the union. He served Comptroller of the Currency 1863-65 and U.S. Treasury Secretary 1865-69.

Representation of the Statue of Freedom draped a flowing, toga-like robe. Her right hand rests upon the hilt of a sheathed sword wrapped in a bundle of rods(fasces); in her left hand she holds a torch. Shield with 13 stars and stripes at her feet.

thank George Cuhaj who was curator of the Higgins Museum of National Bank Notes for the 2023 snd 2024 summer season, for sending me the photographic image of the Ceylon MN 1921 Plain Back $20 in their collection.

Click for References and other notes from Ceylon, MN, USA