On eBay Now...First National Bank of Boston - signed by Franklin N. Poor - 1860's Check with U For Sale
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First National Bank of Boston - signed by Franklin N. Poor - 1860's Check with U:
$8.00
Check with great ship and dog vignettes! Revenue stamp! In 1903, The Massachusetts Bank merged with The First National Bank of Boston amidst a wave of consolidation in the banking industry at the start of the 20th century. First National had been founded in 1859 as Safety Fund Bank, changing its name in 1864 when it joined the national bank system. After a year operating as The Massachusetts First National Bank of Boston, the combined firm dropped the usage of "Massachusetts" in the name. On December 24, 1927, Bank of Boston's headquarters in Buenos Aires, Argentina, were blown up by the Italian anarchist Severino Di Giovanni, in the frame of the international campaign supporting Sacco and Vanzetti. Despite the Wall Street Crash of 1929, the First National Bank of Boston continued to grow in 1929, purchasing the Old Colony Trust Company. However, following the passage of the Glass"Steagall Act in 1933, which prohibited commercial banks from engaging in investment banking and securities dealing, First National Bank of Boston was forced to divest its investment banking arm, the First Boston Corporation. Read more at Item ordered may not be exact piece shown. All original and authentic.
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