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5 Dollars The Farmer's Joint Stock Bank, Second Issue

Issuer The Farmer's Joint Stock Banking Company
Year 1849
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Value 5 Dollars
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Obverse lettering FIVE - FIVE - FIVE - FIVE - FIVE - 5 - FIVE - FIVE - FIVE - FIVE - FIVE FIVE - FIVE - FIVE - FIVE - FIVE - 5 - FIVE - FIVE - FIVE - FIVE - FIVE AUTHORIZED BY ACT OF PARLIAMENT No. UPPER - CANADA THE FARMER`S JOINT STOCK BANK - ing Company, will pay the bearer on demand FIVE DOLLARS at their Office in Toronto, for Value Received Toronto Feb: 1st 1849. FIVE Manager - Pres. Rawdon, Wright, Hatch & Edson, New York
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Reverse lettering FIVE
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Comments

The Farmer's Joint Stock Banking Company was a short-lived Upper Canadian institution, chartered under the 1850 Free Banking Act framework but operating in the uncertain years just before that legislation consolidated the province's fractured note-issuing environment. Rawdon, Wright, Hatch & Edson — the New York firm responsible for this note — were among the most prolific banknote printers in North America at the time, their plates appearing in circulation from Louisiana to Ontario.

The bank itself did not survive long enough to leave a substantial documentary record, which makes extant notes from any of its issues genuinely scarce primary material rather than simply collectible paper.