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In 1881 when the Nance County Bank was first organized by Chauncy L. Wiltse, Nance County was two years old, having been formed by an Act of the Legislature in February of 1879. The county was formed from lands which had been designated as the Pawnee Indian Reservation by an Act of Congress in 1857, and was named in honor of Governor Albinus Nance. It contained approximately 450 square miles, with 279,000 acres within the area. The Nance County Bank was organized in 1879 by Slaughter and Lindsey as a private bank. In addition to their bank activities, these men were the Government land agents looking after the sale of Nance County land.
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