20 Dollars / Piastres

The Montreal Bank — later renamed the Bank of Montreal in 1822 — was one of Canada's first chartered banks, and this 1817 note predates that charter entirely. It was issued under private articles of association, meaning the bank had no formal legal standing when these notes circulated. Quebec merchants accepted them on reputation alone.

The dual English/French denomination wording was a commercial necessity in a city split between anglophone merchants and francophone traders, not a regulatory requirement. Griffin and Gray were among the original founding partners.