Peoples' Bank of Paterson - Obsolete Bank Note
Inv# OB1434 Paper Money$6, Wait-1915. Paterson, New Jersey.
Paterson is the largest city in and the county seat of Passaic County, New Jersey, United States.
As of the 2010 United States Census, its population was 146,199, rendering it New Jersey's third-most-populous city reflecting a decline of 3,023 (-2.0%) from the 149,222 counted in the 2000 Census, which had in turn increased by 8,331 (+5.9%) from the 140,891 counted in the 1990 Census. For 2019, the Census Bureau's Population Estimates Program calculated a population of 145,233, a decrease of 0.6% from the 2010 enumeration, making the city the 181st-most-populous in the nation. Paterson, with a population density of 17,317 inhabitants per square mile (6,686/km2) of land as of 2013, had the fourth-highest density of any U.S. city with over 100,000 people, behind only New York City (27,781 people per square mile of land), San Francisco (17,859) and Jersey City (17,396).
Paterson is known as the "Silk City" for its dominant role in silk production during the latter half of the 19th century. It has since evolved into a major destination for Hispanic immigrants as well as for immigrants from Bangladesh, India, South Asia, and the Arab and Muslim world. Paterson has the second-largest Muslim population in the United States by percentage.
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