Description

Apalachicola, FL- Commercial Bank of Florida $10 18__ G34 Remainder PMG Choice Very Fine 35..A bright, well margined example of this tougher remainder.    Apalachicola, FL- Commercial Bank of Florida bank was incorporated in 1833 over the governor’s veto. The bank remained in business until 1837 when the bank’s controlling stockholder and president, Hugh Stephenson left town with the bank’s assets. Although he was arrested and the assets returned, the Panic of 1837 was enough additional stress to cause the bank’s suspension shortly thereafter