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5 Dollars
| Issuer | Eastern Townships Bank, Sherbrooke |
|---|---|
| Year | 1906 |
| Type | Log in to see details |
| Value | 5 Dollars |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EASTERN TOWNSHIPS BANK FIVE WILL PAY TO THE BEARER ON DEMAND FIVE DOLLARS SHERBROOKE, QUE. JANUARY 2nd, 1906 PRESIDENT CASHIER American Bank Note Co. Ottawa |
| Reverse description | The reverse is printed in dark green with intricate lathe-work guilloche patterns filling the field on both sides. A central oval vignette bears the bank's coat of arms, supported by two classical figures and inscribed with the motto INDUSTRIA LIBERTAS and the incorporation year 1859, surrounded by elaborate engine-turned geometric underprint work. The denomination is expressed as FIVE and 5 in multiple positions around the note, with EASTERN TOWNSHIPS BANK lettered along the lower margin. |
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| Comments |
The Eastern Townships Bank was a regional Quebec institution that drew its clientele largely from the English-speaking Protestant farming communities settled between Montreal and the Maine border. By 1906 it had survived decades of competition from the major chartered banks, but not for much longer — the Canadian Bank of Commerce absorbed it in 1912, which effectively ended new issuance and set a hard ceiling on surviving note populations.
The American Bank Note Company's Ottawa plant handled a significant portion of Canadian chartered bank printing in this period, operating as a domestic subsidiary after the parent's New York operations proved logistically inconvenient for Canadian regulatory submissions.