The Bank of British North America was founded in 1835 in London, England with offices in Toronto, Montreal, Quebec City, Saint John, New Brunswick, Halifax and St. John's, Newfoundland. It also operated agencies in New York City and San Francisco. Like the other Canadian chartered banks, it issued its own paper money. The bank issued notes 1852-1911. The end dates are the final dates appearing on notes, which may have circulated for some time after. The Bank of Canada was established through the Bank of Canada Act of 1934 and the banks relinquished their right to issue their own currency.
It merged with the Bank of Montreal in 1918. "British North America" was the common name by which the British colonies and territories that now comprise Canada were known prior to 1867. Many Canadian banks disappeared as a result of mergers in the 20th century and by 2007, only five or six major banks and several smaller ones still operate in Canada.
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Famous quotes containing the words north america, bank of, bank, british, north and/or america:
“We might hypothetically possess ourselves of every technological resource on the North American continent, but as long as our language is inadequate, our vision remains formless, our thinking and feeling are still running in the old cycles, our process may be “revolutionary” but not transformative.”
—Adrienne Rich (b. 1929)
“That strain again, it had a dying fall;
O, it came o’er my ear like the sweet sound
That breathes upon a bank of violets,
Stealing and giving odor. Enough, no more,
‘Tis not so sweet now as it was before.”
—William Shakespeare (1564–1616)
“Good resolutions are useless attempts to interfere with scientific laws. Their origin is pure vanity. Their result is absolutely nil. They give us, now and then, some of those luxurious sterile emotions that have a certain charm for the weak.... They are simply cheques that men draw on a bank where they have no account.”
—Oscar Wilde (1854–1900)
“We “need” cancer because, by the very fact of its incurability, it makes all other diseases, however virulent, not cancer.”
—Gilbert Adair, British author, critic. “Under the Sign of Cancer,” Myths and Memories (1986)
“We should declare war on North Vietnam.... We could pave the whole country and put parking strips on it, and still be home by Christmas.”
—Ronald Reagan (b. 1911)
“Oh, it’s home again, and home again, America for me!
I want a ship that’s westward bound to plow the rolling sea,
To the blessed Land of Room Enough beyond the ocean bars,
Where the air is full of sunlight and the flag is full of stars.”
—Henry Van Dyke (1852–1933)