On February 25, 1863 the United States Congress passed the Loan Bill better known as the National Banking Act. Under this system, all banks that were granted charters by the United States Government were allowed to deposit government bonds with the Treasurer of the United States, after which they could issue notes in an amount that was limited to 90% of the par value of the bonds so given.Bank: The Peoples-First National Bank of Charleston. We understand grading a picture a note on the computer can be difficult. In addition to high resolution scans we try to list any problems you may not be able to see. Sometimes mistakes do happen and we may miss something. Professionalism combined with excellent customer service is a priority. Please feel free to message us with any questions or concerns. This item is in the category "Coins & Paper Money\Paper Money: US\National Banknotes". The seller is "americanacurrency" and is located in this country: US. This item can be shipped to United States, Canada, United Kingdom, Denmark, Romania, Slovakia, Bulgaria, Czech Republic, Finland, Hungary, Latvia, Lithuania, Malta, Estonia, Australia, Greece, Portugal, Cyprus, Slovenia, Sweden, Indonesia, Thailand, Belgium, France, Hong Kong, Ireland, Netherlands, Poland, Spain, Italy, Germany, Austria, Bahamas, Israel, Mexico, New Zealand, Philippines, Singapore, Switzerland, Norway, Saudi Arabia, United Arab Emirates, Qatar, Bahrain, Croatia, Republic of, Malaysia, Colombia, Costa Rica, Panama, Trinidad and Tobago, Guatemala, Honduras, Antigua and Barbuda, Aruba, Belize, Dominica, Grenada, Saint Kitts-Nevis, Saint Lucia, Montserrat, Turks and Caicos Islands, Barbados, Bangladesh, Bermuda, Brunei Darussalam, Bolivia, Ecuador, Egypt, French Guiana, Guernsey, Gibraltar, Guadeloupe, Iceland, Jersey, Jordan, Cambodia, Cayman Islands, Liechtenstein, Sri Lanka, Luxembourg, Monaco, Macau, Martinique, Maldives, Nicaragua, Oman, Peru, Pakistan, Paraguay, Reunion, Vietnam, Uruguay.