Ontario Community Newspapers

Stouffville Tribune (Stouffville, ON), 14 Jan 1897, p. 7

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-< Imafllnrher.hnmeshi LTURAL 1:: 3,1,: m 3:: haf with matter. Son: “SJTHE LATE GUBAN LEADER SOME CH .RACTERISTICS OF THE he. GREAT GEN. MACEO. 1r; hog cannot. mu lustommlon me wa- W and mks it: man! an frown corn ind thrive an it ought... _ We good not 1mm describe uyspeoul communes: manual to proper winter “rootstock. Tm conditions on difler- ent: farms In different Indium vuy so that where one man find: well-built. lmnber houses cheapest mother must. umber houses 301:5:th hula dd lib Durc Appllell to b: lnnnretl III I: I'm I dun tom’pnny -llrn|urkablc Put llruuglll 0m in Apnllnfll El‘h LLELE A \\’HW\VIND, ‘sweexuzng charge. and neral Mateo appears to have :01)! the struggle. He was , soldier. He hated Spanish m Sn‘ensity which is only vhon it is understood that memham of his family were Spanish Government in ‘ha 39mm. w hw d for UN uakb Of 'y battloé have s In the ‘unngiua DH weathar. The stomwhon ice W5- 55! an frozen corn at J (l: difliculty of obtainâ€" the newspaper cor- imag-li justified in two features, constructions They must be amassible for m Jk‘ : imagination Jty of obtain- A great mass tb‘ chw n a grant Tlllu. wir- rusbod up- am as It: mm. The weathfir ening. It qmething me of the sake of “P nu ) 1h mm! 3!] BANKS [IF THIS COUNTRY THEY HAVE MILLIONS OF DOLLARS IN THEIR VAULTS. A non Sketch of IIIKIIII hull-un- nnd kxulutlon Alta-flu. lienâ€"Fl; In. 'l'hll Dhow Prank-I'll]. In the year 1817 the first bank was established in Canndm It was the Bank of Montreal. and was followed next yam by Um Bank of Quebec in Quebec. Charters were granted to both of these or Monti-en]. and was followed next yanr by the fimk of Quebec in Quebec. Charters were granted to both of these tints in my y 1821. From their establishment n a hawks performed tbs thm special functions of banking. vim, moai’ving" deposits, issuing nukes and discounting bills. In the original charter of the Bank 0! Montredl was a chm that nflioera of the bunk guilty of secreting. embezzling. or running away with bill, bond. obligation, monqy or attests mum on conviction be hun- od guilty of felony, me pennty aha!)- ed-being dentin us a (salon without ben- ldit n! clergy. II “All! hanks wure‘hfsmbliahed bat'wean Vin Fm" 1881. ad 1836. Am mm were the Ban 0! Brl-tlah' Am- erica. orguni d by Scth and Eng- linh merchants 'nnd incorpommd by mm. mm». ‘1n the , year 1830 the baking Act was mmcnded so Lbnt the £0th amount of notes 0! lea [mm mm 85 "m circu- lation mt une time should not exceed (mo-lift]: bf the widdup capital; that no notes under hha value of 8] should B inaued,-nnd um: all issues of less V 85 might ho limited or altogether Impressed by ulna Legislature. PRIVATE 0R LICENSED BANKS. The Gmerument 'm 1835 provided for m mmbhshmenl of private or. as they were callad. licansud banks‘ These banks were permuted to issue noleu_un- dar col-Lain limimmms upon depositing with Lbs Uovemnuenl {inunrial deben- tures_to the amount 01‘ Hm contemplat- ed issue. II) the year 1837 applimtiom ed issue. In the year 1837 applimtionu were made for nu lens alum nine of these “mused banks In Uppor Canada. It was nu Lbl“ swung year that the Lowar Capndian bunks suspended specie payments mg to Lb;- demund for specie in\tl.u.- Uniud States, in which country fink banks had generally an»- punded dunng uh» spring of that year. Speaking 3-: 11:11:“ min suspension of the bowel din bunks continued untiJ Jun» Int. 1839. An utmordjnnry amnion 0! the legislature of Upper Canada was con- vmed Jum 19m. “$87. to devise meas- ure: by whichatbe bulk: of Upper Canada might suspand specie payment, fills law Lu Hmir cam making repudinr lion of nuteu‘to mult in suspension of their chum]: 1n qpue o! Lhu- op- posixiun of Sir Pram-is Bond Hum, mm ttiun of Sir Francis Bond Bend, the iwtenant-Uoveu‘uodn. bill wan; p0»- ad. and rule or two banks immediate- Ky suspended spa-m pigmanm. Shortly altarwards thouflamk Upper Canada was cumpalled to suspend [or 5 yet! and a. half. CAUSES OF SUSPENSION. “73%: wu the first and only time him in tanks of the Pruvmca of Cu- n‘dn suapaizdi'd specie paymunL. ulna of We muses being «the purchasing of Uhmr non-shy the banks of the Unilad States M a premium. the not“ being then sent, 1.0 ”an pruvince and mold de- mandnd, to be withdraw: country. The reheUion ME vex‘ Gammon na.n_|:a to x n LIE citadel in Quml .. . “Lu“ qu'iiingiqn finned to W in: ,t pgior ‘04.; i 1341 But i‘ Tn n 1841 mm Murenuar [1 Banking on on “Ah hawks pcrlormed :tions of banking. sits, issuing notes In the original 0! Montredl was noleu_ un- depositing ial deben- Jutemplat- pplimtionfl lbs." Finance rim per cant. :0 amount of its m1|y lAny hunk who making payment in mmwlled. if requested to y me or pun them: not ' I‘llmdmd dgl‘lam in r‘ " m- and; ._ ', Advertisements honed In the form or 1mm . . T113 hank cu: Ian -’ on its an shares or on (In: tn 0th! hat or upon mom '1?“ or on Him security of my van: or merchandise tension tuba“! no- meljch. cunty No Divide: NUPESM] mum Wm n. r insolvent. 101ml held MYaEDE â€" \\‘ a! any I ’ gull} nanny-Ir numb. the w MA NDKD rat to I Nation. 14 mt ling sight w- II I 3 Anon»:- atom Ian-uni annual YOUNG FOLKS inn“: spring I l (mlfin m a: crowd!»â€" CARL DI

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