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5 Dollars Bank of Montreal
| Issuer | Bank of Montreal |
|---|---|
| Year | 1942 |
| Type | Local banknote |
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| Composition | Log in to see details |
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| Obverse description | Portrait vignettes of B. C. Gardner at left and G. W. Spinney at right, framing the bank's coat of arms at centre, all set within an intricate guilloche underprint. The denomination numeral '5' appears in each lower corner, with the date '7TH DECEMBER 1942' and the signatories' titles printed below the central vignette. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| 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.