Description
1882 Series Five Dollar THE NATIONAL BANK OF SLATINGTON, PENNSYLVANIA. SERIAL 9837
CHARTER #2293 Brown Back
In 1737, Nicholas Kern was the first white settler in what would become Slatington. The Lenape Native Americans were already living along “Warriors Path,” which would become Route 873. Kern established a sawmill shortly after arriving. Slatington was settled in 1738 and incorporated in 1864. In 1756, Benjamin Franklin reported to Governor Morris that he had procured boards and timber from Kern’s sawmill. In the 19th century two Welshmen, who recognized its properties and importance from being used in Europe, discovered slate. A quarry was set up in 1845, and, in 1847, a factory was erected. In 1864, Slatington was incorporated into a Borough of Pennsylvania; its first mayor was Robert McDowell. Historically, structural iron, knit goods, and silk were manufactured in Slatington, and there were abundant slate quarries in the area.
This is one of the 65 known large-size notes from the Lehigh County Bank, third-party graded by P.M.G. as Very Fine 20 with no comments. An excellent title for this example, housed in an original PMG Holder. One of only 14 brown backs recorded in the census.
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