$20 New Orleans Canal and Banking Co. - 1800's circa Obsolete Paper Money - Louisiana Currency Remainder

$20. New Orleans, Louisiana. The New Canal Light or (more commonly New Canal Lighthouse or New Basin Canal Lighthouse) was first established in 1838 at the north end of the New Basin Canal which ran from Lake Pontchartrain to the Uptown or "American" section of the city which today is known as the New Orleans Central Business District. The canal was filled in about 1950, but the lighthouse remained on a jetty extending into the lake on a half mile long stretch of the canal that was left and is still used as a small boat and yachting harbor.

The lighthouse was heavily damaged during the 2005 hurricane season by Hurricanes Katrina and Rita. The first floor had collapsed and its cupola had fallen off. In 2006, the Lake Pontchartrain Basin Foundation signed a lease with the United States Coast Guard to repair the damaged lighthouse. It was disassembled and the building was put into storage. Reconstruction of the lighthouse began in February 2012 and was completed in 2013 by Certified Construction Professional of New Orleans, LA.. The lighthouse was added to the National Register of Historic Places in 1985 as the New Canal Lighthouse. It is now operated as the New Canal Lighthouse Museum and Education Center by the Lake Pontchartrain Basin Foundation. The museum's exhibits include the history of the lighthouse, the environment and ecology of the Pontchartrain Basin, a Fresnel lens that was believed to have been in the lighthouse in the early 1900s, the work of the Foundation, and area history and recreation. Read more at https://en.wikipedia.org/wiki/New_Canal_Light

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