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| 表面の銘文 | BANQUE CANADIENNE NATIONALE ONE HUNDRED CENT 100 Montreal, 1er Fév. 1925 WILL PAY TO BEARER ON DEMAND PAIERA AU PORTEUR SUR DEMANDE PRÉSIDENT LE GÉRANT GÉNÉRAL ONE HUNDRED DOLLARS CENT CANADIAN BANK NOTE COMPANY LIMITED |
| 裏面の説明 | Printed entirely in purple, the reverse is dominated by a large central oval vignette enclosing the Canadian provincial arms shield, supported by ornate foliate scrollwork and surrounded by a lathe-work guilloche border. The large numeral '100' appears twice in the lateral fields within scalloped cartouches, and additional repetitions of '100' fill the outer border pattern. The bank title 'BANQUE CANADIENNE NATIONALE' is inscribed in a rectangular panel at the base, with the printer's imprint below. |
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The Banque Canadienne Nationale was itself only two years old in 1925, having been formed in 1924 through the merger of the Banque Nationale and the Banque d'Hochelaga. This note is among the earliest issued under the merged institution's name, printed by the Canadian Bank Note Company in Ottawa under the provisions of the Bank Act, which still permitted chartered banks to issue their own circulating notes — a practice that would survive until 1944–45 when the Bank of Canada assumed sole right of issue.
At the $100 denomination, circulation was limited almost entirely to commercial and interbank transactions. Survivor rates are low, and most known examples passed through few hands.