The First National Bank of Canton was chartered number 8891 in September, 1907, at the above address,

and existed as such until 2012.
L. L. Jester was the same who founded The Jester National Bank of Tyler.

The First National Bank of Canton printed 1902 Red Seals, Date Backs, and Plain Backs, and then 1929 Types 1 & 2.

The census shows one 1902 Date Back, three Plain Backs and two Type 1 1929's. None is in the Philpott-Moody Collection.

This Plain Back sold in a Heritage Auction, April, 1017, for $3,525.

[Image Heritage Auctions]

"Canton, TX - $10 1902 Plain Back Fr. 626 The First NB Ch. # 8891
Four large (and one small) notes are known from this just plain rare bank. This community is known far and wide for its "Trade Days," a longstanding tradition which brings in thousands of visitors to deal with many hundreds of vendors of everything from used clothes to new computers. This was the only bank in town to issue, with only one of the large examples having ever been offered at public sale, with that appearance coming ten years ago. Even the greatest and most advanced Texas collections came up short on obtaining even one piece from Canton, with this town missing from the Carter, Everson, Irish, and Ivy holdings. PMG Very Fine 25 Net, with a few rust spots and the always mysterious "Foreign Substance" noted, a note offered here for the first time to the collecting fraternity, as our consignor obtained it privately many years ago."