Catalog
5 Dollars
| Issuer | Banque d'Hochelaga |
|---|---|
| Year | 1917 |
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| Reference(s) | P#S811 |
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|---|---|
| Obverse lettering | BANQUE D'HOCHELAGA MONTREAL JAN. 2ND 1917 MONTREAL LE 2 JAN. 1917 WILL PAY TO BEARER ON DEMAND PAIERA AU PORTEUR A DEMANDE FIVE DOLLARS CINQ PRESIDENT CONTRESSIGNE 5 |
| Reverse description | Printed in olive-green, the reverse is dominated by a large central oval cartouche enclosing the Canadian provincial coat of arms, surrounded by elaborate lathe-work guilloche scrollwork that fills the entire field. The numeral "5" appears in large format at the lower left and lower right within the guilloche border, and the bank name is inscribed in a rectilinear panel at the lower centre. |
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| Comments |
The Banque d'Hochelaga was a Montreal-based francophone institution founded in 1873 to serve Quebec's working-class and merchant communities — a deliberate counterweight to the anglophone banks that dominated Canadian commercial finance. By 1917, wartime demand had strained the Dominion's currency supply considerably, and chartered bank notes of this type remained legal tender in Canada long after most countries had consolidated note issue under central authority.
The ABNC produced plates for dozens of Canadian chartered banks during this period, and the Hochelaga series shares production lineage with several contemporaries. The bank itself was absorbed into the Banque Canadienne Nationale in 1924, ending its independent note-issuing history.