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Bank Of The People
The Bank of the People was created by radical Reform politicians James Lesslie, James Hervey Price, and Dr John Rolph in Toronto in 1835. It was founded after they failed to establish a "Provincial Loan Office" in which farmers could borrow small sums guaranteed by their land holdings. The Bank of the People was the only bank in Upper Canada not to suspend payments during the financial panic of 1837-8. Many of the shareholders, however, took part in the Rebellion of 1837 and the Family Compact plotted to have it taken over by the Bank of Montreal in 1840. Bank Wars 1835-1838 Chartered vs Joint Stock Banks Until 1835, every bank in Upper Canada required a legislated charter which established it as a legal person able to sue, and be sued at law. Only two Banks had been chartered: the Bank of Upper Canada and the Commercial Bank of the Midland District. Both banks were controlled by the "Family Compact" who used their control of the currency supply and credit to control tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Reform Movement (Upper Canada)
The Reform movement in Upper Canada was a political movement in British North America in the mid-19th century. It started as a rudimentary grouping of loose coalitions that formed around contentious issues. Support was gained in Parliament through petitions meant to sway MPs. However, ''organized'' Reform activity emerged in the 1830s when Reformers, like Robert Randal, Jesse Ketchum, Peter Perry, Marshall Spring Bidwell, and Dr. William Warren Baldwin, began to emulate the organizational forms of the British Reform Movement and organized Political Unions under the leadership of William Lyon Mackenzie. The British Political Unions had successfully petitioned for the Great Reform Act of 1832 that eliminated much political corruption in the English Parliamentary system. Those who adopted these new forms of public mobilization for democratic reform in Upper Canada were inspired by the more radical Owenite Socialists who led the British Chartist and Mechanics Institute movements ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sir Francis Hincks
Sir Francis Hincks, (December 14, 1807 – August 18, 1885) was a Canadian businessman, politician, and British colonial administrator. An immigrant from Ireland, he was the Co-Premier of the Province of Canada (1851–1854), Governor of Barbados (1856–1862), Governor of British Guiana (1862–1869) and Canadian Minister of Finance (1869–1873). Early life Born at Cork in Ireland, he was the ninth and youngest child of the Rev. Thomas Dix Hincks, a Presbyterian minister and scholar, and his wife Anne (née Boult). Two of his older brothers, Edward Hincks and William Hincks, followed their father's footsteps as noted scholars and clergy. Francis was also intended for a career as a clergyman and was educated at the Royal Belfast Academical Institution. However, he found himself more interested in business, starting in Belfast, with commercial ties to the West Indies. It was at Belfast that he married his first wife. Two weeks after their marriage, they set sail for t ... [...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] |
Jacob De Witt
Jacob de Witt, '' heer van Manezee, Melissant and Comstryen''http://www.herenvanholland.nl/eigenaar.cfm?eigenaarnummer=1701 www.herenvanholland.nl (7 February 1589 – 10 January 1674) was a burgomaster of Dordrecht and the son of a timber merchant. De Witt was an influential member of the Dutch States Party, and was in opposition to the House of Orange. He was also a younger brother of Andries de Witt and the father of Johan and Cornelis de Witt. Career Jacob was born in Dordrecht and was a member of the patrician De Witt family. He studied law at Leiden University and obtained a law degree there. In 1618, he became treasurer of the Synod of Dort, where he held several positions in public service, serving as burgomaster six times. He also served as emissary to Sweden along with Andries Bicker. He was a member of the States of Holland and an opponent of William II, Prince of Orange, stadtholder of Holland and four other provinces. Together with the republican-minded brothers C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louis-Michel Viger
Louis-Michel Viger (September 28, 1785 – May 27, 1855) was a Quebec lawyer, businessman, seigneur and political figure. He was born in Montreal in 1785 and studied at the Collège Saint-Raphaël at the same time as his cousin, Louis-Joseph Papineau. He articled in law with his cousin, Denis-Benjamin Viger, was admitted to the bar in 1807 and set up practice in Montreal. Viger was a member of the local militia and served as a lieutenant during the War of 1812. In 1824, he married Marie-Ermine, daughter of Louis Turgeon, seigneur of Beaumont. In 1830, he was elected to represent Chambly in the Legislative Assembly of Lower Canada as a member of the parti patriote and voted for the Ninety-Two Resolutions. He was elected again in 1834. In 1835, in partnership with Jacob De Witt, he set up La Banque du Peuple to counter the Bank of Montreal's monopoly in the province. Because he had played an important role in protest meetings organized before the Lower Canada Rebelli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Société En Commandite
A limited partnership (LP) is a form of partnership similar to a general partnership except that while a general partnership must have at least two general partners (GPs), a limited partnership must have at least one GP and at least one limited partner. Limited partnerships are distinct from limited liability partnerships, in which all partners have limited liability. The GPs are, in all major respects, in the same legal position as partners in a conventional firm: they have management control, share the right to use partnership property, share the profits of the firm in predefined proportions, and have joint and several liability for the debts of the partnership. As in a general partnership, the GPs have actual authority, as agents of the firm, to bind the partnership in contracts with third parties that are in the ordinary course of the partnership's business. As with a general partnership, "an act of a general partner which is not apparently for carrying on in the ordinary co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
La Banque Du Peuple
La Banque du Peuple was a Canadian bank based in Montreal, active from 1835 to 1895. History The Banque du Peuple was founded in Montreal in 1835 by Jacob De Witt and the Viger family, initially under the name of Viger, DeWitt et Compagnie, operating as a private bank. It was organized by French-Canadian and Scottish reformists who had hitherto been excluded by the English-dominated Tories who comprised the Bank of Montreal's board of directors. It was granted a charter in 1844. The bank's clientele was predominantly French-speaking and it was a successful example of a French-speaking business in a financial world that was run almost exclusively by the English. In 1843, with the support of Louis-Michel Viger and other Montreal merchants who were keen to develop French-Canadian entrepreneurship, the bank adopted the name of Banque du peuple. It experienced strong growth from the end of the 1840s. Lower Canada Rebellion According to contemporaneous rumors, funds from La Banque du P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lower Canada
The Province of Lower Canada (french: province du Bas-Canada) was a British colony on the lower Saint Lawrence River and the shores of the Gulf of Saint Lawrence (1791–1841). It covered the southern portion of the current Province of Quebec and the Labrador region of the current Province of Newfoundland and Labrador (until the Labrador region was transferred to Newfoundland in 1809). Lower Canada consisted of part of the former colony of Canada of New France, conquered by Great Britain in the Seven Years' War ending in 1763 (also called the French and Indian War in the United States). Other parts of New France conquered by Britain became the Colonies of Nova Scotia, New Brunswick, and Prince Edward Island. The Province of Lower Canada was created by the ''Constitutional Act 1791'' from the partition of the British colony of the Province of Quebec (1763–1791) into the Province of Lower Canada and the Province of Upper Canada. The prefix "lower" in its name refers to its geog ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Canada
The Bank of Canada (BoC; french: Banque du Canada) is a Crown corporation and Canada's central bank. Chartered in 1934 under the ''Bank of Canada Act'', it is responsible for formulating Canada's monetary policy,OECD. OECD Economic Surveys: Canada 2000'. OECD Publishing; 30 August 2000. . p. 45–. and for the promotion of a safe and sound financial system within Canada.Financial Stability and Central Banks: A Global Perspective'. Routledge; November 2002. . p. 41–. The Bank of Canada is the sole issuing authority of Canadian banknotes,Gene Swimmer. How Ottawa Spends, 1996-97: Life Under the Knife'. MQUP; 15 May 1996. . p. 379–. provides banking services and money management for the government, and loans money to Canadian financial institutions. The contract to produce the banknotes has been held by the Canadian Bank Note Company since 1935. The Bank of Canada headquarters are located at the Bank of Canada Building, 234 Wellington Street in Ottawa, Ontario. The building als ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Montreal
The Bank of Montreal (BMO; french: Banque de Montréal, link=no) is a Canadian multinational investment bank and financial services company. The bank was founded in Montreal, Quebec, in 1817 as Montreal Bank; while its head office remains in Montreal, the operational headquarters and executive offices have been located in Toronto, Ontario since 1977. One of the Big Five banks in Canada, it is the fourth-largest bank in Canada by market capitalization and assets, and one of the eight largest banks in North America and the top 50 in the world. It is commonly known by its ticker symbol BMO (pronounced ), on both the Toronto Stock Exchange and the New York Stock Exchange. In October 2021, it had CA$634 billion in assets under administration (AUA). The Bank of Montreal swift code is BOFMCAM2 and the institution number is 001. On 23 June 1817, John Richardson and eight merchants signed the Articles of Association to establish the Montreal Bank in a rented house in Montreal, Quebec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Francis Hincks
Sir Francis Hincks, (December 14, 1807 – August 18, 1885) was a Canadian businessman, politician, and British colonial administrator. An immigrant from Ireland, he was the Co-Premier of the Province of Canada (1851–1854), Governor of Barbados (1856–1862), Governor of British Guiana (1862–1869) and Canadian Minister of Finance (1869–1873). Early life Born at Cork in Ireland, he was the ninth and youngest child of the Rev. Thomas Dix Hincks, a Presbyterian minister and scholar, and his wife Anne (née Boult). Two of his older brothers, Edward Hincks and William Hincks, followed their father's footsteps as noted scholars and clergy. Francis was also intended for a career as a clergyman and was educated at the Royal Belfast Academical Institution. However, he found himself more interested in business, starting in Belfast, with commercial ties to the West Indies. It was at Belfast that he married his first wife. Two weeks after their marriage, they set sail for th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sharon, Ontario
Sharon (formerly Hope) is a former village now incorporated into the municipality of the Town of East Gwillimbury, Ontario, Canada, formerly the Township of East Gwillimbury. The municipal offices of the town are in Sharon. The community's most historic building is the Sharon Temple, once the meeting house of the Children of Peace (or Davidites). It is part of the musical, political, religious and architectural heritage of Ontario and is now a museum and National Historic Site of Canada. The museum hosts a number of concerts and educational programs, and has hosted the Words Alive Literary Festival since 2007. In the mid to late 1980s, housing developments were built in the area around Sharon. Further developments have continued slowly around Sharon since 2002. History The village of Sharon grew around the farm of David Willson (Lot 10, Second Conc.), the leader of the Quaker denomination known as the Children of Peace. The Children of Peace constructed a series of meeting hous ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
