A Publication of the Indianapolis Coin Club
Issue # 474
Newsletter
August 2006
Membership numbers: ANA C-131170, CSNS L-600, ISNA LM 243
indianapoliscoinclub.org
The Meetings of the Indianapolis Coin Club are held the fourth
Monday of each month at the Nora Library at 8625 Guilford Avenue inIndianapolis, Indiana. The Meetings consist of a business session, anintermission, educational program, and anumismatic auction. Doors open at 6:00pm,meeting will begin at 7:00pm.

The next meeting will beMonday,
August 28, 2006!
Indianapolis Coin Club back at Nora Library
The ICC will meet at its regular location, the Nora Library, on August 28. We
look forward to seeing everyone at the meeting. Our attendance was down alittle bit while at the Warren Library for the June and July meetings, but we thankall those members who attended those two months.
The Nora Library will be the meeting place for the rest of the year, with theexception of December (there is no meeting that month).
Hope everyone is having a great summer and hope to see you on the 28th!

$$$$ “ALWAYS BUYING” $$$$PAYING TOP PRICES FOR ALL U.S. COINS
DON’T SELL WITHOUT GETTING OUR OFFER!!!

LARRY HYLTONBROWNSBURG, IN

ANA, ISNA-LM, CSNS-LM(317) 852-8458
Jim Fuson
Retired Teacher & Coach

VINTON G. DOVE
Certified Public Accountant
Collecting U.S. Coins Since 1952

443 Wellington Road
Indianapolis, IN 46260(317) 257-1906
Fax(317) 257-2220

R.O.M.A. COIN
Specializing in U.S. RARE COINS

Collector of old U.S. Coins
And old Sports Cards
Also have some coins and cards for sale5795 E. Co. Rd. 350 S., Plainfield, IN 46168
ICC & ANA
(317) 839-5178

ORVA (ORV) DETRICK
Professional Numismatist

PO Box 267
Donnelsville, Ohio
45319-0267
Phone: 937-882-6730
Cell #: 937-284-0412
E-mail: Romacoin@aol.com
Buy/Sell Bullion: Gold & Silver

Advertise in the Indianapolis Coin Club Newsletter! The cost is only $35.00 for abusiness card size ad for 12 issues!

The 2006 Indianapolis Coin Club
Officers and Board Members
President
Mark Eberhardt
Vice-President
Jim Roehrdanz
Secretary
Jim Goaziou
Treasurer
Karl Kreck
EditorAmy Eberhardt(fubacoin@aol.com) ph. (317) 837-5682
Past President
Vinton Dove
Sgt-at-Arms
Jim WardenBoard Member 2005-2006 Dave Reid
Board Member 2005-2006 Donald Black
Board Member 2005-2006 Allen DoveBoard Member 2006-2007 Jim Fuson
Board Member 2006-2007 Cos Raimondi
Board Member 2006-2007 Charles Alber

The Monthly Planchet is the official publication of theIndianapolis Coin Club. It is published monthly in Indianapolis,Indiana. All inquiries should be sent to ICC, P.O. Box 2897,
Indianapolis, Indiana, 46206.
The Monthly Planchet, August 2006

Table of Contents
ICC back at Nora-

CoverAdvertisers-Page 2White Nat’l Bank-

Page 3

Secretary’s Report-Page 4

Treasurer’s Report-

Page 4Exhibit Night-Page 5

Volunteers Needed-Page 5

Page 2

WHITE NATIONAL BANKThis was Bank Charter number 4725. It was chartered on April 15, 1892 and liquidated onAugust 26, 1905 with $20,515 outstanding in 1935. They merged with Old National Bank.
James White founded the White National Bank. The White National Bank was located on
the corner of Clinton & Wayne.
National Banks would deposit bonds with the Treasury department and the Treasury
Department would print up bills with their name and charter number on the bills, for thevalue of the bonds. They would have spots for the President and Cashier of the local banks tosign the bills.
According to Don Kelly who keeps records of National Bank notes he only knows of twonotes for this bank. I do know of two other notes that are not in his records. I believe that allof the others are $10 notes. The note shown with this article is a $20 note.
The sheets had 4 notes with 2 tens and 1 twenty. There were 8285 sheets issued whichmeans $414,250. (8285 X 3 X $10 + 8285 X $20 = $414,250). The president of the bankwas Joseph White, the eldest son of James. You can see on the note that Joseph has signed as
the president. James Sr. was a local merchant and a Captain in the Civil War. He had areputation for letting people have merchandise from his store without paying but told to pay
when they had the money to do so. James Sr. came to Fort Wayne in 1854 but left for St.
Louis. He came back in 1857. James Sr. was born in Scotland in 1835. And died in Fort
Wayne on Oct 9, 1897. James Sr. ran for Congress in 1886 for the Congressional district asa Republican in a strong Democrat district and won. He did lose his seat in 1888.
He had 8 children. They were John, James Jr., Edward, Alexander, Edna, Grace, Anna anda son who died in childbirth. His son Alexander had a son Edward Higgins White, Higgins
after his mother’s maiden name. This son went to West Point Military academy, and went on
to be a Major General in the Air Force. He had a son Edward Higgins II who also went toWest Point and became an Astronaut. This is the Edward White who did the first space walkand also was killed in the fire on Apollo 1. On the reverse of the 681 MPC’S (5 cent to 50
cent is the picture of that space walk). So there is a connection with the White National Bank
Note and the 681 fractional MPC’S.
By George Fitzgerald
John W White was President of White National Bank. Edward White was president of White
Fruit House. James B White Jr was Secretary of White Fruit House. Alexander was Managerof Higgins Artificial Ice house. Grace married W S Morris.

The Monthly Planchet, August 2006

Page 3

Secretary’s Report
July 24, 2006
The meeting was started
promptly at 7:00pm by President
Mark Eberhardt. There were atotal of 25 members present andno guests.
The Secretary’s Report wasapproved and the Treasurer’s Report was read andapproved.
Mark mentioned that there was about 12 people
and two visitors for the ICC picnic that was held on
July 8th and everyone that attended had a greattime.
August will be Exhibit night. There will be NO
dealers and NO auction in August so that there willbe ample amount of space for the exhibits. If
anyone needs a display case, please contact Vinton
Dove or Mark Eberhardt for arrangements. Someof the categories might be: United States, Foreign,and Other items. The judging will be people’schoice. Everyone attending the meeting will havea chance to pick their favorite.
New Business: November meeting will beElection night. If anyone is interested involunteering in a position of the Board, please
notify Mark Eberhardt.
The Educational Program for the evening wasShow and Tell and Coin Trivia. Mark Eberhardt
spoke on Grading Services, Vinton Dove spoke on
uncirculated type coins and brought a BarberQuarter in MS-63 condition, Lyle Pekin spoke on
Philippine Coins and brought a nice collection ofthem, and Jim Warden spoke on Switzerland paper
money and brought three beautiful specimens.
After a short break and time given for the cointrivia, which was won by Jim Warden, whoreceived an uncirculated Morgan Dollar for
winning, was the 50/50 drawing won by LylePekin.
Mark ran the auction for the evening, that went
lightning fast and the meeting was adjourned by
8:15pm.
Respectfully Submitted,
Amy Eberhardt

The Monthly Planchet, August 2006

Treasurer’s Report
July 2006
Income:50/50$17.00Membership $12.00
Advertisers(2)$70.00$99.00
Expenses:
Food for picnic
Newsletter Postage
Newsletter Printing
CO-P Quarters
1921 Morgan Dollar$26.59$17.94$23.88$13.00$16.00$97.41

June Checkbook balance
July Checkbook balance
ICC CD Balance$2,735.25$2,736.84$17,226.85

Respectfully Submitted,
Karl Kreck - Treasurer

Hopeeveryone hada safe andhappysummer!
Page 4

Educational Programfor August:Exhibit Night
There will be NO dealersand NO auction this evening,
only exhibits and awards.
The exhibits will be judged bypeoples choice and the top 3
winners will receive prizes!

Volunteers Needed
It is about that time of the year again
when the Indianapolis Coin Club islooking for people to step up andbecome Officers and Members of theBoard. There will be a few openings on
the board this year and we need newpeople to fill those voids. The board
meets a minimum of four times per yearwith the meetings usually lasting anhour, occasionally longer. Many
positions are open and nominations arewelcome by any member of the club.

The Monthly Planchet, August 2006

Please, if you have any questions feel
free to ask a current board member
what the tasks and responsibilitiesare. You must be prepared to put
forth some work and effort into theposition that you are running for tocontinue with the success of the club.
The officers positions that are up forelection are as follows: President,
Vice-President, Treasurer, Secretary,Sargent-at-Arms, and Editor. There
are also three Board Memberpositions.
Thesepositions
must befilled for ourclub to keep
its Nonprofit status
in the stateof Indiana
and to run as
an organization. The responsibilitiesof each position is listed in thebylaws available either on the website
at: www.indianapoliscoinclub.org orby contacting Vinton Dove for a copy.
These copies are also available at theClub meetings. So, now is the time tobe thinking about whether you would
be interested in one of the positions.
The success of the club is only as
good as those who volunteer!

Page 5