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10 Dollars

Issuer Banque d'Hochelaga
Year 1914
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Shape Rectangular
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Reverse description Printed in dark red-brown, the reverse centres on a large oval cartouche enclosing the Canadian shield with multiple provincial coats of arms in a heraldic composition, surmounted by the inscription 'CANADA'. The cartouche is flanked by cornucopiae overflowing with fruit and foliage, with intricate guilloche lathe-work filling the surrounding panels. Denomination numerals '10' appear at left and right, with 'DIX' lettered beneath the central vignette and the printer's imprint at foot.
Reverse lettering Banque d'Hochelaga
CANADA
DIX
10
Waterlow & Sons, London
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Comments

The Banque d'Hochelaga was a Montreal-based French-Canadian institution, founded in 1874 to serve a commercial community that felt underserved by the anglophone banking establishment. By 1914 it was a mid-sized regional player — substantial enough to commission Waterlow & Sons for its notes, but still a decade away from its 1924 absorption into what became the Banque Canadienne Nationale.

Waterlow's London shop handled a significant volume of Canadian chartered bank work during this period, competing directly with the American Bank Note Company for those contracts. The ten-dollar denomination was the upper practical limit for everyday commercial transactions at the time.

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