50 Dollars

The Bank of Montreal was Canada's largest and most powerful chartered bank by the 1890s, and its note issues were treated with corresponding confidence — widely accepted far outside Quebec and used heavily in commercial trade. The American Bank Note Company in New York handled the engraving and printing for this series, as it did for most of the major Canadian chartered bank issues of the period. ABNC's work for Canadian clients during this decade was among their most technically accomplished.

Chartered bank notes continued to circulate legally in Canada alongside Dominion government issues until the Bank of Canada Act of 1934 finally phased them out — a remarkably long run for private currency.