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BANK OF NORTH AMERICA. WILLING, THOMAS. 1731-1821. Autograph Document Signed ("Thos. Willing"), granting Thomas Fitzsimons 7 shares in the National Bank, 1 p, 8vo (198 x 315 mm), n.p., March 3, 1785 image 1
BANK OF NORTH AMERICA. WILLING, THOMAS. 1731-1821. Autograph Document Signed ("Thos. Willing"), granting Thomas Fitzsimons 7 shares in the National Bank, 1 p, 8vo (198 x 315 mm), n.p., March 3, 1785 image 2
Americana
Lot 8

BANK OF NORTH AMERICA.
WILLING, THOMAS. 1731-1821.
Autograph Document Signed ("Thos. Willing"), granting Thomas Fitzsimons 7 shares in the National Bank, 1 p, 8vo (198 x 315 mm), n.p., March 3, 1785

25 October 2022, 10:00 EDT
New York

Sold for US$3,187.50 inc. premium

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BANK OF NORTH AMERICA.

WILLING, THOMAS. 1731-1821. Autograph Document Signed ("Thos. Willing"), granting Thomas Fitzsimons 7 shares in the National Bank, 1 p, 8vo (198 x 315 mm), n.p., March 3, 1785 light creasing, toning at extremities, float-mounted and framed to 505 x 810 mm.

STOCK CERTIFICATE ISSUED BY THE FIRST OFFICIAL BANK OF THE UNITED STATES, CONCEIVED BY ALEXANDER HAMILTON
AND ROBERT MORRIS IN 1781.
The Bank of North America was the first private, commercial chartered bank in the United States and served as the de facto National Bank during the Revolutionary War and the early years of the Republic. Suggested by Alexander Hamilton and designed by Robert Morris, the bank was capitalized by the sale of shares of stock, with an original offering of 1000 shares at a price of $400 each. The bulk of the shares were purchased by the U.S. Government financed via a loan from France and the Netherlands.

Thomas Willing was the bank's first President, serving from 1781-1791, and transferring to the First Bank of the United States when that entity opened in 1791.

This document records the sale of 7 shares of National Bank stock to Thomas Fitzsimons, listing who the original owners of each share had been on the document.

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