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Citizens' Bank of Louisiana $20 Obsolete Note - Broken Banknote - US Currency - Shreveport, Louisiana

Inv# OB1390   Paper Money
State(s): Louisiana
Years: 18--
Color: Green, Black and Orange

$20 printed by American Bank Note Company. Shreveport, Louisiana. Front and back shown.

Shreveport, a city nestled in the U.S. state of Louisiana, holds the distinction of being the third-most populous city in the state, trailing only New Orleans and Baton Rouge. Located primarily in Caddo Parish, which serves as its administrative center, Shreveport extends its boundaries along the west bank of the Red River, seamlessly integrating into neighboring Bossier Parish. The city’s population, as recorded in the 2020 census, stood at an impressive 187,593. However, the Shreveport–Bossier City metropolitan area encompassed a broader population of 393,406.

The roots of Shreveport’s history can be traced back to 1836, when the Shreve Town Company, a pioneering corporation, established the city at the confluence of the newly navigable Red River and the Texas Trail. This strategic location marked the beginning of Shreveport’s growth and development. Throughout the 20th century, Shreveport experienced remarkable expansion. However, its trajectory took a significant turn when oil was discovered in Louisiana, transforming the city into a national hub for the oil industry. Standard Oil of Louisiana and United Gas Corporation, prominent oil companies, established their headquarters in Shreveport, further solidifying its status as a major economic center.

Despite its thriving oil industry, Shreveport faced challenges in the latter half of the 20th century. The decline of the oil industry, the closure of General Motors’ Shreveport Operations, and various economic difficulties contributed to a decline in the city’s population, poverty, drug-related issues, and violent crime. Undeterred by these challenges, Shreveport embarked on a transformative journey to revitalize its infrastructure, diversify its economy, and address crime. The city implemented various initiatives to achieve these goals, including investing in public services, promoting job creation, and fostering community engagement.

Despite these efforts, Shreveport encountered a setback in 2021, when it witnessed the highest number of homicides in its recorded history. This grim milestone surpassed the previous record set in 1993, underscoring the ongoing challenges faced by the city in addressing crime and promoting public safety.

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Condition: C.U.
Item ordered may not be exact piece shown. All original and authentic.
Price: $115.00