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10 Dollars
| Issuer | Bank of Montreal |
|---|---|
| Year | 1912 |
| Type | Log in to see details |
| Value | 10 Dollars |
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| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Black intaglio print on pale yellow-orange underprint. The upper portion bears the bank title 'The Bank of Montreal' flanked by numeral '10' counters at each corner, with the legend 'PAID UP CAPITAL $16,000,000' and 'WILL PAY TO BEARER ON DEMAND' inscribed across the centre. Two oval portrait vignettes occupy the left and right fields, each presenting a distinguished gentleman in formal attire; serial number '129948' appears in red twice across the centre. The lower portion carries the denomination 'TEN DOLLARS' in bold letterpress, with 'MONTREAL' and the date 'SEPTEMBER 1912' flanking two manuscript signatures, above the printer's imprint of the American Bank Note Co., Ottawa. |
|---|---|
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| Signature(s) | Vincent Meredith and Donald A. Smith |
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| Comments |
The Bank of Montreal was the oldest chartered bank in Canada when this note was issued, and by 1912 it had been printing notes through the American Bank Note Company for decades — a relationship that gave the series a consistency of engraving quality unusual among Canadian chartered bank issues of the period. The Ottawa plant of ABNC handled this production, one of the company's few facilities operating outside the United States.
Chartered bank notes in Canada continued circulating alongside Dominion of Canada government issues until the Bank of Canada Act of 1934 effectively ended private bank note issuance, after which chartered banks had a decade-long phase-out period to retire their outstanding notes.