Hingham National Bank (Cashier, John O. Lovett embezzled $40,000) - Massachusetts 1865

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Beautiful certificate from the Hingham National Bank issued in 1865. This historic document was printed by American Banknote Company and has an ornate border around it with a vignette of Massachusetts Capitol Building. This item has the signatures of the Company's President, David Lincoln and Cashier, John O. Lovett and is over 143 years old. Punched cancelled.
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New York Times Article September 29, 1873 Cashier, John O. Lovett embezzled $40,000. BOSTON BEGINNING TO FEEL THE SQUEEZE. THE HINGHAM NATIONAL BANK DEFALCATION. BOSTON, Sept. 29, The city is beginning at last to feel the terrible pressure, and a condition of things it was hoped would be averted is possible. The banks not having completed their preparations to issue certificates of deposit, did not proceed on the new basis, though they will be prepared to-morrow, and did a small and cautious discount business.... See article below:
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Certificate Vignette