5 Dollars, Farmers and Mechanics Bank, Ohio, United States, 1816

W. Harrison · 1816

The Farmers and Mechanics Bank of Cincinnati, Ohio, issued this five dollar note on July 20, 1816. The note was printed by William Harrison of Philadelphia, and bears an image of the bank’s building at its top-center flanked by the number 5 in medallions. The left side of the note reads “Five,” while the right side reads “Ohio.” The note reads, “The President and Directors of the Farmers and Mechanics Bank of Cincinnati promise to pay out of the Joint Funds thereof according to the Articles of Association to [Name Illegible] or bearer on demand Five Dollars.” The bank was founded in 1812 and incorporated on February 5, 1813, with a capital stock of 200,000 dollars. The bank failed in 1819 in the general depression that afflicted American business after the War of 1812.