Hagerstown Bank - Obsolete Banknote - Broken Bank Note - Currency dated 1850's

$20. Hagerstown, Maryland. Nathaniel Rochester (February 21, 1752 – May 17, 1831) was an American Revolutionary War soldier, and land speculator, most noted for founding the settlement which would become Rochester, New York. In 1807, Rochester helped found the Hagerstown Bank, serving as its first president. Two of the directors of the Hagerstown Bank, Colonel William Fitzhugh and Major Charles Carroll were, like Rochester, wealthy landowners interested in acquiring land in the new "frontier" of the U.S. In 1800, Fitzhugh and Carroll convinced Rochester to travel with them on a prospecting visit to the frontier lands of New York State, and specifically to the lands along the Genesee River. Their first trip took them to Dansville, where Rochester purchased a combined 520 acres while Fitzhugh and Carroll purchased another 12,000 at $2 per acre. Read more at https://en.wikipedia.org/wiki/Nathaniel_Rochester

Relating to Hagerstown, in 1739, Jonathan Hager, a German immigrant from Pennsylvania and a volunteer Captain of Scouts, purchased 200 acres (81 ha) of land in the Great Appalachian Valley between the Blue Ridge and Allegheny Mountains in Maryland and called it Hager's Fancy. In 1762, Hager officially founded the town of Elizabethtown which he named after his wife, Elizabeth Kershner. Fourteen years later, Jonathan Hager became known as the "Father of Washington County" after his efforts helped Hagerstown become the county seat of newly created Washington County, which Hager also helped create from neighboring Frederick County. The City Council changed the community's name to Hager's-Town in 1813 because the name had gained popular usage, and in the following year, the Maryland State Legislature officially endorsed the changing of the town's name. Read more at https://en.wikipedia.org/wiki/Hagerstown,_Maryland

Read More

Read Less