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Banque D'Hochelaga
Banque d'Hochelaga was a Canadian bank based in Montreal, Quebec. It was active from 1874 until 1924, when it merged with the Banque Nationale to form Banque Canadienne Nationale. History In 1874, several Montreal French-Canadian businessmen founded Banque d'Hochelaga, including François-Xavier Saint-Charles, Louis-Amable Jetté, Frédéric-Liguori Béique and Louis Tourville.Dictionary of Canadian Biography'. Springer Science & Business Media; 1966. . p. 918–.Montreal: The History of a North American City'. MQUP; 6 April 2018. . p. 503–. The bank opened branches in Montréal, Sherbrooke and St-Jérôme. Like the other Canadian chartered banks, it issued its own paper money. Photograph of a proof of a Banque d'Hochelaga banknote. In 1934, the Bank of Canada was established as Canada's central bank through the '' Bank of Canada Act'', and the commercial banks lost the right to issue their own currency. After modest beginnings, the bank expanded substantially aroun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Provincial Bank Of Canada
The Provincial Bank of Canada (French: ''Banque provinciale du Canada'') was a Quebec-based bank in Canada that was the product of mergers between the Banque Jacques-Cartier (1861), the Banque d'économie de Québec (1848), the Banque populaire de Québec (1868), and the Unity Bank of Canada (1972). It merged with the Banque Canadienne Nationale to form the National Bank of Canada in 1979. ''The Canadian Encyclopedia'' A notable President of the Bank was Sir Hormidas Laporte, who previously served as , and occupied the position from 1907 to 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Montreal
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1874 Establishments In Quebec
Events January–March * January 1 – New York City annexes The Bronx. * January 2 – Ignacio María González becomes head of state of the Dominican Republic for the first time. * January 3 – Third Carlist War – Battle of Caspe: Campaigning on the Ebro in Aragon for the Spanish Republican Government, Colonel Eulogio Despujol surprises a Carlist force under Manuel Marco de Bello at Caspe, northeast of Alcañiz. In a brilliant action the Carlists are routed, losing 200 prisoners and 80 horses, while Despujol is promoted to Brigadier and becomes Conde de Caspe. * January 20 – The Pangkor Treaty (also known as the Pangkor Engagement), by which the British extended their control over first the Sultanate of Perak, and later the other independent Malay States, is signed. * January 23 **Prince Alfred, Duke of Edinburgh, second son of Queen Victoria, marries Grand Duchess Maria Alexandrovna of Russia, only daughter of Tsar Alexander III of Russia. * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Disestablished In 1924
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1874
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Canada
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Canadian Banks
This is a list of banks in Canada, including chartered banks, credit unions, trusts, and other financial services companies that offer banking services and may be popularly referred to as "banks". The "Big Five" Canada's "big five" banks, and a few statistics (2013): The term "Big Six" is frequently used as well and includes the National Bank of Canada (2013 market cap of $8.9B), though its operations are primarily focused in the provinces of Quebec and New Brunswick. Banks by legal classification Banks in Canada are classified by their ownership as domestic banks, subsidiaries of foreign banks, or branches of foreign banks. For a greater explanation of the classifications, see '' Banking in Canada'' and '' Canada Bank Act''. Schedule I banks (domestic banks) Under the Canada Bank Act, Schedule I are banks that are not a subsidiary of a foreign bank, i.e., domestic banks, even if they have foreign shareholders. There are 35 domestic banks, included 2 federally reg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jean-Damien Rolland
Jean-Damien Rolland (23 February 1841 – 16 November 1912) was a Canadian manufacturer, municipal politician, and legislative councillor of Quebec. Born in Montreal, Lower Canada, the eldest son of Jean-Baptiste Rolland and Esther Boin, Rolland started working as a clerk in 1857 in his father's book and paper business. In 1859, he formed a partnership with his father called J.-B. Rolland & Fils. He would eventually become president of the Rolland Paper Company. From 1872 to 1876, he was a member of the town council of Hochelaga. From 1876 to 1879, he was the mayor. After the annexation of Hochelaga to Montreal in 1882, he became a member of the Montreal City Council The Montreal City Council (french: Conseil municipal de Montréal) is the governing body in the mayor–council government in the city of Montreal, Quebec. The head of the city government in Montreal is the mayor, who is first among equals in the ... serving until 1892. In 1896, he was called to the Legisla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Canada Act
The ''Bank of Canada Act'' (the Act) is a statute that sets out the governance structure and powers of the Bank of Canada, which was created in 1934 as Canada's central bank. Prior to 1934, Canada had no central bank and fragmented control of the banking system. The Canadian Bankers Association took the role of regulating the bank system since 1891 and the Bank of Montreal was the government's banker. In ''The Bank of Canada Act, 1934'', The Bank of Canada was incorporated as a central bank "to regulate credit and currency in the best interests of the economic life of the nation ... and generally to promote the economic and financial welfare of the Dominion." The initial capital was , consisting of shares of fifty dollars each for public subscription. Under Section 24, it was given the sole right to issue notes payable to the bearer on demand and issue notes to any amount. Under Section 25, these notes (known as legal tender) could be converted to gold at the head office in Ott ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
