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    Possibly Unique Tombeckbe Bank $3 Note

    St. Stephens, AL- Tombeckbe Bank $3 Sept. 11, 1825 G3 Rosene 306-1
    Prior to Mississippi becoming a state in 1817 St. Stephens had been the eastern most city of the Mississippi Territory. Upon Mississippi gaining statehood, Alabama became its own territory and St. Stephens its capital. Alabama's first Governor, William Wyatt Bibb, presided over the first meeting of the Territorial Legislature at the Douglass Hotel on St. Stephens' High Street. After taking the oath of office, swearing to uphold the constitution, the next order of business was to create the charter of Alabama's first bank, The Tombecbee Bank. "The sitting of the first legislature at St. Stephens was right. For here, where McClary hoisted the American flag, was the beginning of Alabama" said Peter J. Hamilton in 1899. The Tombeckbe Bank was was the first bank chartered in Alabama, but fell on evil days after the capital was moved to Cahawba in 1820 and failed a few years later. St. Stephens itself fell into disuse and is now a ghost town and a state historical site. This note is listed as SENC in the Haxby reference and may well be unique. Fine-Very Fine, a wonderful Alabama rarity possessing great historical importance.

    Auction Info

    Auction Dates
    January, 2010
    7th-11th Thursday-Monday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 411

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