City Bank of Montreal
Appearance
Company type | Consumer bank |
---|---|
Industrie | Banking |
Gegründet | 1833Montreal, Quebec, Canada | in
Defunct | 1876 |
Fate |
|
Successor | Consolidated Bank of Canada |
Hauptsitz | Montreal , Kanada |
Areas served |
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Key people |
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![](http://upload.wikimedia.org/wikipedia/commons/thumb/7/70/City_Bank_of_Montreal_%28erected_1849%29_and_Grand_Trunk_Railway_General_Offices%2C_Bay_and_Wellington_Sts.%2C_Toronto.jpg/220px-City_Bank_of_Montreal_%28erected_1849%29_and_Grand_Trunk_Railway_General_Offices%2C_Bay_and_Wellington_Sts.%2C_Toronto.jpg)
The City Bank of Montreal (known in French as "La Banque de la Cité") was an early bank founded in Montreal in 1833,[1] when it was part of Lower Canada. It was founded as a counterpart to the Bank of Montreal, whose politically conservative directors made it difficult for leading liberals to do business in the province.[2] During its existence, it issued a number of tokens for use in trade, and is known for producing many varieties of the Bouquet sou, and for co-issuing the Habitant token along with the other leading banks of Montreal in the late 1830s. It also issued paper money.[3]
It also had branches in Toronto, and in Quebec City.[4]
City Bank merged with Royal Canadian Bank to form Consolidated Bank of Canada in 1876.
Bibliography
[edit]- Manning Garrett (12 September 2013). "The City Bank of Montreal Banknote Values - Canadian Currency". Retrieved October 12, 2018.
- Grawey, Tim (December 12, 2017). "Colonial Tokens: City Bank tokens were issued during rebellions". Canadian Coin News. 55 (18): 13–15.
References
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