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10 Dollars - Lavo Ltd. Montreal, Quebec
| Issuer | La Cie Lavo Ltée (Lavo Co. Ltd.) |
|---|---|
| Year | |
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| In circulation to | Yes |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ECONOMIE SECURITE $10 CASH BONUS $10 SAVE SAFELY $10 BON D'ACHAT $10 Rachat: Minimum $30.00 (en argent) LAVO LTÉE Remboursable en argent à 1% de la valeur nominale du Bon d'achat par le Compagnie Lavo Limitée ou tout agent autorisé, après vérification de l'authenticité du bon d'achat. E Bouthillier Albert Goyette PRÉSIDENT VICE-PRÉSIDENT LA CIE LAVO LTÉE, 1880 RUE CHAMBLY, MONTRÉAL 402, CANADA |
| Reverse description | Log in to see details |
| Reverse lettering | SAVE SAFELY $10 CASH BONUS $10 ECONOMIE SECURITE $10 BON D'ACHAT $10 Minimum amount redeemable: $30.00 (in cash) LAVO LTD These coupons are redeemable for cash at 1% of their face value by the Lavo Co. LTD. or any authorized agent after verification of the genuineness of these bonus coupons. E Bouthillier Albert Goyette PRESIDENT VICE-PRESIDENT THE LAVO CO. LTD., 1880 CHAMBLY STREET, MONTREAL 402, CANADA |
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| Comments |
Lavo was a Montreal-based household products manufacturer, best known for bleach and cleaning compounds. This ten-dollar note is a company scrip or wage token instrument — issued by an employer rather than a bank or government authority, a practice that was legally murky in Canada by the time most such scrip circulated but never entirely stamped out, particularly within closed industrial communities or during periods of tight coin supply.
The Bouthillier and Goyette signatures almost certainly represent company officers rather than financial institution signatories, which is the norm for this class of private industrial paper.