10 Dollars La Banque Nationale

La Banque Nationale was a Quebec-chartered institution with deep roots in the Saint-Lawrence merchant and clerical communities — not to be confused with the later federal Banque Nationale du Canada. By 1897 the bank was navigating the constraints of the Bank Act revision cycle, and this $10 issue came late in its chartered life; the bank would eventually merge with Banque d'Hochelaga in 1924 to form Banque Canadienne Nationale.

The British American Bank Note Company's Ottawa plant produced the bulk of chartered bank paper for Quebec issuers in this period. BABN's engraving quality on this series is considered among their finer commercial work of the 1890s.