The Phoenix National Bank and Trust Company of Lexington was formed in June 1922, with the merger of the Phoenix & Third National Bank and the Phoenix & Third Trust Company. The bank assumed charter number 3052 from the Phoenix & Third National Bank. William A. McDowell, a grandson of Henry Clay, was elected President of the new institution. Mr. McDowell departed immediately for Washington to order new banknotes from the Treasury Department.
National Bank Note, Plain Back, Series of 1902
In late August 1925, Mr. McDowell was succeeded by William H. Courtney as President. In March 1929, the Phoenix National Bank and Trust Company merged with the First & City National Bank to form the First National Bank and Trust Company.
Advertisement, 1929
National Bank Note, Plain Back, Series of 1902
National Bank Note, Plain Back, Series of 1902
