Home Bank

Home Bank

The Home Bank of Canada was a Canadian bank that was incorporated July 10, 1903 in Toronto. It failed August 18, 1923 and was the subject of a Canadian Royal Commission initiated by Prime Minister Mackenzie King in 1924.

Founded with the support of the Roman Catholic Church, James Mason and Henry Pellatt represented a benign board of directors including E.G. Gooderham, Claude Macdonnell and 3 other directors from Winnipeg, Manitoba affiliated with the United Grain Growers.

Read more about Home Bank:  Early Controversies, Collapse

Famous quotes containing the words home and/or bank:

    I come from the city of Boston,
    The home of the bean and the cod,
    John Collins Bossidy (1860–1928)

    It was like passing a boundary to dive
    Into the sun-filled water, brightly leafed
    And limbed and lighted out from bank to bank.
    That’s how the stars shine during the day.
    Wallace Stevens (1879–1955)