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Early Paper Money of America / Connecticut / 1792 Hartford Bank

The Hartford Bank was incorporated in Connecticut on May 29, 1792 with a capital of $100,000 divided into 400 shares of $250 each. The State was entitled to subscribe to an additional 40 shares. The debts of the bank including bank notes were not to exceed one and one-half times its capital plus its specie deposits. Its bank notes were signed John Caldwell, president, and by Normand Knox, cashier.
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