Imprint from verso. "New-York water works" in woodcut ribbon at head. "No. [blank]" with square brackets under ribbon. Type ornament rule at sides and bottom. "Eight shillings," woodcut ribbon, type ornaments, and "VIIIs." printed in red. Verso with woodcut illustration of the water pump proposed by Christopher Colles. Woodcuts by Elisha Gallaudet. Denominations (in shillings) issued on this date: 2, 4, 8. New-York Historical holds five copies. Holograph signatures of: Whitehead Hicks, George Brewerton, and John Watts. References: Newman, E.P. Early paper money of America, p. 211.