Stissing National Bank of Pine Plains

Stissing National Bank of Pine Plains
Item# 9998stissing
$79.95

       




Stock Certificate, issued/canceled
1870's
P. W. Derham, Stationer, New York
The item shown is the exact piece you will receive









   





       







In 1839, the Pine Plains Bank was formed. The first meeting for the organization was held at the hotel of Henry C. Myers (now Stissing House), at which seventeen directors were named. Committees were selected to draft Articles of Association and to find a site for the banking house. The bank had a capital of one hundred thousand dollars, divided into one thousand shares of one hundred dollars each.

In 1858, twenty-one articles of association were drawn for the organization of the Stissing Bank. The capital stock was one hundred and twenty thousand dollars, divided into twelve hundred shares of one hundred dollars each. The lot on which the bank building now stands was purchased of Exra Pells, and in this year a building was completed.

In 1865, the bank is changed to be a National Bank and was renamed Stissing National Bank.NY-New York Finance and Related Banks and Credit Unions Animal Featured Dog Featured Safe Featured Child Subject



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