1782 Inauguration
When Robert Morris became superintendent of finance in February 1781,
continental currency had ceased to be issued. On April 30, 1781, Alexander Hamilton sent Morris a letter. The original charter called for the disbursement of 1000 shares priced at $400 each. Benjamin Franklin purchased one share for .1% ownership as a sign of good faith to Federalists and the new bank. Meanwhile, Hamilton made public endorsement of the establishment under his pseudonym:Read more about this topic: Bank Of North America