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5 Dollars Bank of Montreal
| Issuer | Bank of Montreal |
|---|---|
| Year | 1942 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 5 BANK OF MONTREAL 5 WILL PAY TO BEARER ON DEMAND FIVE DOLLARS MONTREAL, 7TH DECEMBER 1942 GENERAL MANAGER PRESIDENT V V5V V CANADIAN BANK NOTE COMPANY, LIMITED |
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| Reverse lettering | BANK OF MONTREAL 5 5 5 FIVE DOLLARS 5 CANADIAN BANK NOTE COMPANY, LIMITED |
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| Comments |
The Bank of Montreal's wartime issues from this period were printed by the Canadian Bank Note Company in Ottawa, but the Bank of Montreal itself — Canada's oldest chartered bank, founded 1817 — had by 1942 already survived two world wars and the Great Depression without suspending specie payments. The Gardner-Spinney signature combination is relatively short-lived: B.C. Gardner served as General Manager while G.W. Spinney was President, a pairing that reflects the specific corporate hierarchy of the early 1940s and narrows the dating considerably even without the printed year.
Chartered bank notes in Canada were being phased out in favor of Bank of Canada issues throughout this decade, making 1942 among the final years of active chartered bank note circulation in the country.