Eastern Townships Bank
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Eastern Townships Bank
Eastern Townships Bank was founded in 1859 by Colonel Benjamin Pomroy (1800–1875). It was the first financial institution in the south-east of Quebec, an area known as the Eastern Townships, and issued its own banknotes. Within a year after its founding, the bank had opened three branches. After consolidating its presence in the Eastern Townships, it opened branches elsewhere in Quebec and in Western Canada (including Grand Forks, British Columbia and Taber, Alberta). By 1911, it had over 100 branches. To increase its presence on a national scale, its shareholders agreed to merge, effective March 1, 1912, with the Canadian Bank of Commerce, which later became Canadian Imperial Bank of Commerce. The former branch of the Eastern Townships Bank at the corner of Saint Catherine Street and Crescent Street in Montreal was used as the flagship store for Parasuco, a line of denim clothing. The building is now vacant. The former head office building of the Eastern Townships Bank in ...
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Eastern Township Bank
Eastern may refer to: Transportation *China Eastern Airlines, a current Chinese airline based in Shanghai *Eastern Air, former name of Zambia Skyways *Eastern Air Lines, a defunct American airline that operated from 1926 to 1991 *Eastern Air Lines (2015), an American airline that began operations in 2015 *Eastern Airlines, LLC, previously Dynamic International Airways, a U.S. airline founded in 2010 *Eastern Airways, an English/British regional airline *Eastern Provincial Airways, a defunct Canadian airline that operated from 1949 to 1986 *Eastern Railway (other), various railroads *Eastern Avenue (other), various roads *Eastern Parkway (other), various parkways *Eastern Freeway, Melbourne, Australia *Eastern Freeway Mumbai, Mumbai, India *, a cargo liner in service 1946-65 Education *Eastern University (other) *Eastern College (other) Other uses * Eastern Broadcasting Limited, former name of Maritime Broadcasting System, Canada * ...
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Art Museum
An art museum or art gallery is a building or space for the display of art, usually from the museum's own Collection (artwork), collection. It might be in public or private ownership and may be accessible to all or have restrictions in place. Although primarily concerned with Visual arts, visual art, art museums are often used as a venue for other cultural exchanges and artistic activities, such as lectures, performance arts, music concerts, or poetry readings. Art museums also frequently host themed temporary exhibitions, which often include items on loan from other collections. Terminology An institution dedicated to the display of art can be called an art museum or an art gallery, and the two terms may be used interchangeably. This is reflected in the names of institutions around the world, some of which are called galleries (e.g. the National Gallery and Neue Nationalgalerie), and some of which are called museums (including the Metropolitan Museum of Art, the Museum of Mo ...
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Companies Based In Sherbrooke
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 ...
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1859 Establishments In Canada
Events January–March * January 21 – José Mariano Salas (1797–1867) becomes Conservative interim President of Mexico. * January 24 ( O. S.) – Wallachia and Moldavia are united under Alexandru Ioan Cuza (Romania since 1866, final unification takes place on December 1, 1918; Transylvania and other regions are still missing at that time). * January 28 – The city of Olympia is incorporated in the Washington Territory of the United States of America. * February 2 – Miguel Miramón (1832–1867) becomes Conservative interim President of Mexico. * February 4 – German scholar Constantin von Tischendorf rediscovers the ''Codex Sinaiticus'', a 4th-century uncial manuscript of the Greek Bible, in Saint Catherine's Monastery on the foot of Mount Sinai, in the Khedivate of Egypt. * February 14 – Oregon is admitted as the 33rd U.S. state. * February 12 – The Mekteb-i Mülkiye School is founded in the Ottoman Empire. * February 17 – French naval forces under Charles Ri ...
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Banks Disestablished In 1912
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 ...
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Banks Established In 1859
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 ...
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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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List Of Banks In Canada
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 regulated ...
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Sherbrooke, Quebec
Sherbrooke ( ; ) is a city in southern Quebec, Canada. It is at the confluence of the Saint-François and Magog rivers in the heart of the Estrie administrative region. Sherbrooke is also the name of a territory equivalent to a regional county municipality (TE) and census division (CD) of Quebec, coextensive with the city of Sherbrooke. With 172,950 residents at the Canada 2021 Census, It is the sixth largest city in the province and the 30th largest in Canada. The Sherbrooke Census Metropolitan Area had 227,398 inhabitants, making it the fourth largest metropolitan area in Quebec and 19th in Canada. Sherbrooke is the primary economic, political, cultural and institutional centre of Estrie, and was known as the ''Queen of the Eastern Townships'' at the beginning of the 20th century. There are eight institutions educating 40,000 students and employing 11,000 people, 3,700 of whom are professors, teachers and researchers. The direct economic impact of these institutions exceed ...
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Musée Des Beaux-arts De Sherbrooke
The Sherbrooke Museum of Fine Arts (french: Musée des beaux-arts de Sherbrooke) is an art museum in Sherbrooke, Quebec, Canada. It is located at 241 Dufferin Street in downtown Sherbrooke. The museum receives funding from the City of Sherbrooke, the Quebec Ministry of Culture and Communications and from its members. History The Sherbrooke Museum of Fine Arts was founded in 1982 by local art lovers. It is the main institution in the Estrie region for the display and conservation of art. It was accredited by the Quebec Ministry of Culture and Communications in March 1990. In 1996, it relocated to the former head office of the Eastern Townships Bank, a building constructed in 1876. The building was completely renovated to convert it into a museum. Collection and exhibits The Sherbrooke Museum of Fine Arts has over 4,600 works in its collection. There are three rooms in the museum, one on each floor of the building. On the third floor is a permanent exhibit entitled "''Spaces an ...
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Sherbrooke
Sherbrooke ( ; ) is a city in southern Quebec, Canada. It is at the confluence of the Saint-François and Magog rivers in the heart of the Estrie administrative region. Sherbrooke is also the name of a territory equivalent to a regional county municipality (TE) and census division (CD) of Quebec, coextensive with the city of Sherbrooke. With 172,950 residents at the Canada 2021 Census, It is the sixth largest city in the province and the 30th largest in Canada. The Sherbrooke Census Metropolitan Area had 227,398 inhabitants, making it the fourth largest metropolitan area in Quebec and 19th in Canada. Sherbrooke is the primary economic, political, cultural and institutional centre of Estrie, and was known as the ''Queen of the Eastern Townships'' at the beginning of the 20th century. There are eight institutions educating 40,000 students and employing 11,000 people, 3,700 of whom are professors, teachers and researchers. The direct economic impact of these institutions exceed ...
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Eastern Townships
The Eastern Townships (french: Cantons de l'Est) is an historical administrative region in southeastern Quebec, Canada. It lies between the St. Lawrence Lowlands and the American border, and extends from Granby in the southwest, to Drummondville in the northeast. Since 1987, most of the area is within the administrative region Estrie, and the term Eastern Townships is now used in tourist literature. The name derives from there also being western townships in Ontario. History Before European colonization the area was inhabited by the Abenaki, as attested by many toponyms such as Lake Memphremagog and Massawippi River. Until 1791 the region was organized under the seigneurial system of New France. In 1791 the region was resurveyed under English law. It was divided into counties, which were in turn subdivided into townships. Settlement by Europeans happened in three waves: first from New England, including some loyalists, then from the British Isles, and finally French-Cana ...
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