Catalog
5 Dollars
| Issuer | Dominion Bank |
|---|---|
| Year | 1938 |
| Type | Log in to see details |
| Value | 5 Dollars |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | THE DOMINION BANK FIVE DOLLARS WILL PAY TO THE BEARER ON DEMAND TORONTO CANADIAN BANK NOTE COMPANY, LIMITED PRESIDENT GENERAL MANAGER |
| Reverse description | Log in to see details |
| Reverse lettering | THE DOMINION BANK FIVE DOLLARS CANADIAN BANK NOTE COMPANY, LIMITED |
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| Comments |
The Dominion Bank was among the last Canadian chartered banks still issuing their own currency when this note appeared — the Bank of Canada had been printing legal tender since 1935, and chartered bank circulation was being wound down through attrition and eventual prohibition. Notes like this one were still technically valid for payment, but the regulatory ground was already shifting under the issuers.
C.H. Carlisle served as Dominion Bank's president through this period; R.C. Cape as general manager. The Canadian Bank Note Company in Ottawa produced the bulk of chartered bank paper by this decade, having absorbed most of the domestic contract work.