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Additional
National Bank Note
English Wikipedia - The Free Encyclopedia
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National Bank Note
National Bank Notes
were
United States currency
banknotes
issued by
National banks
chartered by the
United States Government
. The notes were usually backed by
United States
bonds
the bank deposited with the
United States Treasury
. In addition, banks were required to maintain a redemption fund amounting to five percent of any outstanding note balance, in gold or "lawful money".
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