Indian Head Bank - Fractional Currency - Nashua, New Hampshire - Paper Money

Nashua, NH. The area was part of a 200-square-mile (520 km²) tract of land in Massachusetts called "Dunstable", named after Edward Tyng of Dunstable in England. Located at the confluence of the Nashua and Merrimack rivers, Dunstable was first settled about 1654 as a fur trading town. Nashua lies approximately in the center of the original 1673 grant. In 1732, Dunstable was split along the Merrimack River, with the town of Nottingham West (now the town of Hudson, New Hampshire) created out of the eastern portion. The previously disputed boundary between Massachusetts and New Hampshire was fixed in 1741 when the governorships of the two provinces were separated. As a result, the township of Dunstable was divided in two. Tyngsborough and some of Dunstable remained in Massachusetts, while Dunstable, New Hampshire, was incorporated in 1746 from the northern section of the town.

Like many 19th century riverfront New England communities, New Hampshire's Dunstable was developed during the Industrial Revolution with textile mills operated from water power. In 1823, the Nashua Manufacturing Company was incorporated. The company eventually had four mills and employed approximately 1,000 people. The following year, the Jackson Manufacturing Company was incorporated.

In 1836, the New Hampshire half of Dunstable was renamed "Nashua", after the Nashua River; the Dunstable name lives on across the Massachusetts border. The Nashua River was named by the Nashaway people, and in the Penacook language it means "beautiful stream with a pebbly bottom", with an alternative meaning of "land between two rivers". In 1842, the town split into two towns. Eleven years later, they joined back together under the name "Nashua", and were re-incorporated as a city. During the split, the northern area, known today as "French Hill", called itself "Nashville", while the southern part kept the name Nashua. Read more at https://en.wikipedia.org/wiki/Nashua,_New_Hampshire

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