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1 Dollar = 5 Shillings
| Issuer | Farmer's Joint Stock Banking Co. |
|---|---|
| Year | 1849 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Plain reverse on aged cotton paper with no printed design elements, consistent with the standard practice of Canadian private bank issues of the period. |
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| Variants | P#S1763a - Issued note P#S1763b - Red overprint: KINGSTON |
| Comments |
Farmer's Joint Stock Banking Co. was one of dozens of Upper Canadian free banking institutions operating in the years immediately following the Province of Canada's 1850 Free Banking Act — though this note predates that legislation by a year, suggesting the institution was either anticipating the regulatory change or operating under earlier provincial charter authority. The dual denomination reflects the transitional currency arithmetic of colonial Canada, where Halifax currency (shillings) and the dollar unit coexisted awkwardly until decimal currency was standardized in 1858.
Rawdon, Wright, Hatch & Edson printed extensively for North American banks throughout the 1840s before merging into the American Bank Note Company in 1858. Their New York engraving work from this period is identifiable by its fine lathe-work guilloche patterns.