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Commercial Bank Of Manitoba
The Commercial Bank of Manitoba was incorporated in 1884 and ceased operation in 1893. The president during most of its operation was Duncan MacArthur, a businessman and politician in Manitoba. It experienced financial difficulties during most of its years of operation and suspended payment in July, 1893 because of heavy withdrawals. It never resumed operation although it was later found to still be solvent. A prominent Canadian political figure, Alphonse Alfred Clément Larivière Alphonse Alfred Clément Larivière (July 24, 1842 – September 20, 1925) was a Canadian politician and journalist. Biography Born in Montreal, Canada East, the son of Abraham C. Larivière and Adelaide Marcil, he was educated at the Coll ..., was one of the directors. During its brief history, it was a Canadian banknote issuer and the bills that still survive are collectors items. References ''Dictionary of Canadian Biography - Duncan MacArthur'' Defunct banks of Canada Banks established i ...
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Duncan MacArthur
Duncan MacArthur (May 29, 1840 – January 20, 1907) was a Scottish-born businessman, author and political figure in Manitoba. He represented Assiniboia in 1888 in the Legislative Assembly of Manitoba as a Conservative. He was born in Nairnshire, the son of John Macarthur and Sarah Dallas, and was educated at the Free Church Academy there. In 1864, he was hired by the Hudson’s Bay Company and joined his brother Alexander in Montreal. In 1868, MacArthur succeeded his brother as senior clerk. He became manager of the Merchants' Bank of Canada in Winnipeg in 1871. In 1888, MacArthur helped form the North-West Fire Insurance Company and served as its first president. In the same year, he also became managing director of the Nelson Valley Railway, later part of the Winnipeg and Hudson's Bay Railway and Steamship Company. He then served as president of the Portage, Westbourne and North Western Railway, later known as the Manitoba and North Western Railway Company of Ca ...
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Manitoba
Manitoba ( ) is a Provinces and territories of Canada, province of Canada at the Centre of Canada, longitudinal centre of the country. It is Canada's Population of Canada by province and territory, fifth-most populous province, with a population of 1,342,153 as of 2021, of widely varied landscape, from arctic tundra and the Hudson Bay coastline in the Northern Region, Manitoba, north to dense Boreal forest of Canada, boreal forest, large freshwater List of lakes of Manitoba, lakes, and prairie grassland in the central and Southern Manitoba, southern regions. Indigenous peoples in Canada, Indigenous peoples have inhabited what is now Manitoba for thousands of years. In the early 17th century, British and French North American fur trade, fur traders began arriving in the area and establishing settlements. The Kingdom of England secured control of the region in 1673 and created a territory named Rupert's Land, which was placed under the administration of the Hudson's Bay Company. Rupe ...
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Alphonse Alfred Clément Larivière
Alphonse Alfred Clément Larivière (July 24, 1842 – September 20, 1925) was a Canadian politician and journalist. Biography Born in Montreal, Canada East, the son of Abraham C. Larivière and Adelaide Marcil, he was educated at the Collège Saint-Marie and the Montreal School of Military Instruction there. In 1867, he married Marie Melvina Bourdeau. Larivière served in the militia in both Quebec and Manitoba. He was president of the Quebec Board of Arts and Manufactures. Larivière served in the Dominion Lands Office at Winnipeg from 1871 to 1875. He was a special correspondent for ''La Minerve'' in Montreal and later became chief editor for ''Le Manitoba''. In 1874, he was named a justice of the peace for Selkirk County. Larivière ran unsuccessfully for a seat in the Manitoba assembly in 1874. He was a member of the Legislative Assembly of Manitoba from 1878 to 1888 and served as Provincial Secretary, Minister of Agriculture, Provincial Treasurer, and Provincial Land ...
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Defunct Banks Of Canada
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 ...
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Banks Established In 1884
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 an ...
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Banks Disestablished In 1893
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 ...
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1884 Establishments In Manitoba
Events January–March * January 4 – The Fabian Society is founded in London. * January 5 – Gilbert and Sullivan's '' Princess Ida'' premières at the Savoy Theatre, London. * January 18 – Dr. William Price attempts to cremate his dead baby son, Iesu Grist, in Wales. Later tried and acquitted on the grounds that cremation is not contrary to English law, he is thus able to carry out the ceremony (the first in the United Kingdom in modern times) on March 14, setting a legal precedent. * February 1 – ''A New English Dictionary on historical principles, part 1'' (edited by James A. H. Murray), the first fascicle of what will become ''The Oxford English Dictionary'', is published in England. * February 5 – Derby County Football Club is founded in England. * March 13 – The siege of Khartoum, Sudan, begins (ends on January 26, 1885). * March 28 – Prince Leopold, the youngest son and the eighth child of Queen Victoria an ...
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1893 Disestablishments In Manitoba
Events January–March * January 2 – Webb C. Ball introduces railroad chronometers, which become the general railroad timepiece standards in North America. * Mark Twain started writing Puddn'head Wilson. * January 6 – The Washington National Cathedral is chartered by Congress; the charter is signed by President Benjamin Harrison. * January 13 ** The Independent Labour Party of the United Kingdom has its first meeting. ** U.S. Marines from the ''USS Boston'' land in Honolulu, Hawaii, to prevent the queen from abrogating the Bayonet Constitution. * January 15 – The ''Telefon Hírmondó'' service starts with around 60 subscribers, in Budapest. * January 17 – Overthrow of the Kingdom of Hawaii: Lorrin A. Thurston and the Citizen's Committee of Public Safety in Hawaii, with the intervention of the United States Marine Corps, overthrow the government of Queen Liliuokalani. * January 21 ** The Cherry Sisters first perform in Marion, Iowa. ** T ...
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