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    Description

    Montreal, PQ- Merchants Bank of Canada $5 Jan. 1, 1917 Ch. # 460-20-04
    This institution had quite a checkered history, having been rescued from bankruptcy during the depression of the 1870's and then having two of its officers prosecuted for accounting irregularities during the 1920's, coincidentally after the assets of the bank had been sold to the Bank of Montreal in 1922. Notes from the 1917 issue are quite scarce, especially in the higher grade ranges. PMG notes a couple of paper pulls on the reverse, and a missing corner tip, the latter which is so insignificant as to be laughable. Very Fine 30 Net.
    From The Belleville Collection


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    Auction Dates
    Sep-Oct, 2013
    25th-1st Wednesday-Tuesday
    Bids + Registered Phone Bidders: 2
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    I would also like to thank your auction company for the promotion of the auction and was pleasantly surprised by the number of bidders who attended, as well as the prices realized. It was a pleasure doing business with you.
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