Catalog
10 Dollars
| Issuer | Molsons Bank, Montreal |
|---|---|
| Year | 1916 |
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| In circulation to | 1925 |
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| Obverse lettering | DOMINION OF CANADA THE MOLSONS BANK CHARTERED BY ACT OF PARLIAMENT 1855 TEN DOLLARS WILL PAY TO BEARER ON DEMAND MONTREAL 25th January 1916 PRESIDENT FOR THE GENERAL MANAGER 10 |
| Reverse description | Printed in dark blue, the reverse is dominated by three large lathe-work guilloche panels enclosing the numerals '10' at left and right, with a central cartouche bearing the Molsons Bank armorial crest surmounted by a motto ribbon. Elaborate scrollwork borders and interlocking geometric patterns fill the surrounding field, with 'THE MOLSONS BANK' inscribed across the top of the central panel and 'TEN DOLLARS' in bold lettering below the crest. The printer's imprint 'Waterlow & Sons Limited, London Wall, London' appears at the bottom margin. |
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| Comments |
Molsons Bank was one of Canada's oldest chartered banks, tracing its origins to 1855 and the Molson brewing and industrial family. By 1916, Canadian chartered bank note issue was already in its final decades — the Bank of Canada Act of 1934 would eventually monopolize currency issuance, and Molsons itself was absorbed into the Bank of Montreal in 1925, ending its right of issue entirely.
Waterlow & Sons printed the series in London during wartime, an arrangement that required transatlantic shipment of finished notes at a moment when U-boat activity made such logistics genuinely risky.