DOCSLIB.ORG

Private Bankers in Ontario Hayseed Capitalists: Private Bankers in Ontario

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Private Bankers in Ontario Hayseed Capitalists: Private Bankers in Ontario HAYSEED CAPITALISTS: PRIVATE BANKERS IN ONTARIO HAYSEED CAPITALISTS: PRIVATE BANKERS IN ONTARIO by STEPHEN EDWARD mORNING, B.A., M.A. A Thesis Submitted to the School of Graduate Studies in Partial Fulfilment of the Requirements for the Degree Doctor of Philosophy McMaster University August, 1994 -- -- --- - --------------- DOCTOR OF PHILOSOPHY (1994) McMASTER UNIVERSITY (History) Hamilton, Ontario TITLE: Hayseed Capitalists: Private Bankers in Ontario AUTHOR: Stephen Edward Thorning, B.A. (University of Guelph) M.A. (McMaster University) SUPERVJSOR: Professor John C. Weaver NUMBER OF PAGES: viii, 502 ii ABSTRACT The structure of the Canadian banking system, and the establishment of strong chartered banks at a relatively early stage, have overshadowed banking institutions that operated outside the chartered system. The non-chartered or private banks can be categorized into three groups: the joint stock banks of the 1830s, the urban private bankers who appeared in the 1850s and after, and the small-town private banks of the post-1868 period. AJI three types of private banks were established to fill perceived niches in the chartered bank system. Those of the 1830s possessed an anti-establishment, hinterland bias. The urban private bankers specialized in savings and foreign exchange transactions, and often branched out into insurance, debentures, and ultimately stocks and bonds. The small town private banks began and prospered when the needs of small hinterland communities outpaced the inclination and ability of chartered banks to provide them with banking facilities. Unlike the urban private bankers, those in small towns offered a full range of banking services, and they often acted as insurance and real estate agencies as well. They appealed strongly to local loyalties, and operated more cheaply than chartered bank branches. In most cases these small-town private banks were supported by the chartered banks with loans, and with access to the cheque clearing system, though chartered banks varied considerably in their attitude to them. Locally, private banks recirculated a community's savings, and deployed the proprietor's capital in local enterprises. Like most industries, private banking displayed easily recognizable phases of rapid (and often reckless) growth, maturity, and decline. At its peak, with more than 150 firms, private banking dominated in the non­ urban areas of Ontario. Private banks constituted the majority of banking offices in the province in the 1880s and early 189Os, and in aggregate, their volume of business equalled that of a major chartered bank. The demise of private banking resulted from internal efficiencies in the chartered bank system that facilitated the profitable operation of small-town branches, a greater confidence by the public in chartered banks, and a reduced sphere of operation for private banks as an integrated financial system gradually displaced semi-autonomous local economies. In a broad sense, Ontario private banks represent a phase in the establishment of extensive branch systems by the chartered banks. Due to their relationships with the chartered banks, to the structure of the Canadian banking system, and to the nature of economic development in the hinterland of the province, Ontario's private banks have no precise parallel elsewhere. iii PREFACE Many years ago I stumbled upon the term 'private banker' in a reference book. The tenn was entirely new to me at the time, and I found it intriguing. Naturally, I perused all the references to private bankers I could find. There was very little, and what there was I did not find very satisfactory. I became convinced that there had to be more about these banks than had yet been written, and that, at some point in the future, I would like to take the time to investigate this fascinating aspect of financial history. Much later, through a series of serendipitous circumstances, I found myself at the beginning of a doctoral program in history. Private banking, of course, was my immediate choice for a dissertation subject. After some discussion, my supervisor, Prof. John C. Weaver, and my committee agreed to the proposal, probably with some doubts that the subject was significant enough to merit intensive study, and, I am certain, a suspicion that there were not sufficient primary materials in existence to form the basis of a dissertation. I had no doubts about the fragmentary nature of the evidence. There were few collections of private bank materials in archives or museums. This study, therefore, relies heavily on business directories, weekly newspapers, local histories, the Dun and Wiman reference books, and the Monetary Times. Scattered papers and documents, some in archives and some in private hands, have provided much illumination. In recent years the subject of private banking has interested numismatists more than historians. Mr. William Clarke of London and Prof. Ross Irwin of Guelph are two who provided assistance, particularly when this project was in its early stages. Mr. Graham Esler, Director of the Currency Museum of the Bank of Canada, provided valuable help with his vast knowledge of some of the obscure comers of Ontario banking history. Due to the nature of the subject, I have made much use of local and county archives. Both archivists and volunteers have been most helpful, often spending hours searching for references or material. In this regard, Miss Jacqueline Stuart, curator of the Aurora Museum, leads the list for providing me with a brief history of Aurora and guiding me through the life of banker J.M. Walton. Later, she reviewed the section on Walton's bank. Mr. Edward Phelps of the University of Western Ontario Library provided valuable insights into the subject of his own M.A. thesis, banker John Fairbarlk. Mr. Brian Hendley of the Hamilton Public Library kindly consented to read the portion of this dissertation on Hamilton's private bankers. Mrs. Bonnie Callen, archivist at the Wellington County Museum, has provided much assistance and personal encouragement on my numerous visits to research this and other topics. iv I am indebted as well to the following, whose provided assistance beyond the mere retrieving of material in public collections. I list them in no particular order: Mr. I.E. Irving, volunteer at the Eva Brook Donly Museum, Simcoe; Mr. Bruce Beacock, assistant archivist at the Simcoe County Archives, Minising; Mr. Tom Hodgson, volunteer at the St. Catharines Historical Museum; Ms. Judy Liddle of the Chatham­ Kent Museum; Ms. Celia Wood, of the South Grey Museum, Flesherton; Ms. Sandra Lamoureux of the Sarnia Public Library; Mrs. Jayne Pettigrew of the Norwich and District Archives; Ms. Barbara Ribey, curator of the Bruce County Museum; Ms. Meg Stanley, city archivist at Woodstock; Mrs. Jill Jamieson of the Woodstock Public Library; Ms. Pat Zimmer, director of the Aylmer and District Museum; and Mrs. Nancy Sadek, special collections, University of Guelph. Mr. Gordon Pigden and his family, of Madoc, kindly allowed me to examine the remaining books of J.c. Dale and Co. at their store, which is the former bank premises. They are to be commended for restoring the original bank vault in the store. Miss Susan Higgins of Toronto graciously invited me to her home to examine her family papers relating to the McTaggart Bros. bank. A lengthy conversation with her and her aunt, Mrs. Mary Tisdall, provided me with much insight into Clinton's history, and led me to alter slightly my interpretation of the social role of private bankers in their communities. It is probable that there are other holdings of private bank records among family papers, and I hope that these may eventually become available to future researchers. This study was rendered much easier by the knowledge of banking I acquired during a former career. In this regard lowe a debt to the Canadian Imperial Bank of Commerce, and numerous former colleagues in 'the service.' My sister, Susan Thorning, deserves sympathy for tolerating my frequent overnight stays in Toronto when I was mining the weekly newspaper collection at the Ontario Archives. When the early draft had been written, Mr. James Gow of Fergus offered to read the manuscript, and to him must go the credit for removing the most blatant stylistic lapses and awkward turns of phrase. ][ owe a particular debt to Professor Gilbert A. Stelter of the University of Guelph, who guided me into the formal study of history. Professors Peter George and Harvey Levenstein, members of my committee, have provided much guidance and assistance. Most of all, Professor John Weaver has steered this project through some difficult and trying periods. Any merits it possesses are due to his wise counsel, determination, and enthusiasm. As the reader will quickly see, there are many holes in the history of Ontario private banking that I have been unable to fill. I have no doubt that, due to my faulty interpretation of some documents and my ignorance of other sources, there are factual errors and important omissions in this work. If it prompts a better researcher to undertake a more thorough and sophisticated analysis of the subject, it will have fulfilled its purpose. v CONTENTS ABSTR)I,.CT iii PREFAC:E iv LIST OF FIGURES ......... ............................ viii IJ'lfTRODUCTION , 1 I. PRIVATE BANKING AND BUSINESS HISTORY , 4 a. The Nature of Private Banking in Ontario b. Private Banks, Branch Banking, and Canadian Business History II. HINTERLAND BANKING IN ONTARIO BEFORE 1870 32 a. Bank Branches in Upper Canada, 1818 - 1840 b. The Private Banks of the 1830s c. Branch Banking in the Province of Canada, 1841 - 1860 d. The Upstart Chartered Banks of the 1860s III. PRIVATE BANKING IN THE CITIES. ..................... .. 104 a. The Character of Urban Private Banking b. Private Banking in Four Cities: i. London ii. Kingston 111. Toronto iv. St. Catharines c. Private Banking and the Financial Elite of Hamilton IV. THE RISE OF THE HAYSEED CAPITALISTS: SMALL-TOWN PRIVATE BANKERS, 1868 - 1880 169 a.
Load more

Recommended publications
  • The John Strachan Letter Book 1812-1834
    THE JOHN STRACHAN LETTER BOOK • 1812-1834 Edited With an Introduction and Notes by George W. Spragge, M.A., D. Paed. TORONTO The Ontario 1-l istorical Society 1946 THE HON. AND REV. JOHN STRA CHAN, ~I. A. , D.D. f From a portrait (painted probably about 1820) in the Collection of Trinity College, Toronto, by kind permission of the Pro vost. ] © The Ontario Historical Society 1946 PREFACE Although John Strachan was for long such an outstanding and con­ troversial figure in Upper Canada-"the most consummate politician in the country" - comparatively little use has been made of his correspond­ ence, partly because it was known that a life of Strachan was being written by the late Professor A. H . Young (whose death prevented the completion of that work), partly because Strac:han's handwriting is not always easy to decipher and students may have been repelled by the labour involved in reading the original letters. Possibly, too, the very voluminous­ ness of the correspondence may have caused some students to pause. It is with the object of making a number of Strachan's letters available to students of history in a form in which they may be easily read that I have transcribed the contents of one letter-book. Strachan was a prolific writer, and much of his correspondence has been preserved. Some of the letters are in the hands of private individuals, but it may safely be said that by far the greater part of the correspondence now lies in the Department of Public Records and Archives of the province of Ontario.
    [Show full text]
  • Canadian Journal
    Canadian Paper Money Society Journal Official publication of the Canadian Paper Money Society VOLUME 53, NUMBER 154 SEPTEMBER 2017 Seal of the Eastern Townships Bank The design is comparable to the crest on the backs of the 1906 $5 and $10 notes. See page 87. Robert J. Graham presents the next part of a history and register of The Eastern Townships Bank. Above is illustrated some interesting ephemera associated with the bank. The article begins on page 78. In this issue: Hitesh Doshi’s column takes a closer look at the window designs of the Frontier Note series . Page 74 Bernard Wilde describes how Bank of Toronto notes were altered from notes of the Colonial Bank of Canada . Page 90 Barry Uman tells us about the Scrip of Eustache Brunet dit Letang 1837 . Page 94 …and much more! Canadian Paper Money Society Journal 2017 Page 67 ISSN 0045–5237 The Canadian Paper Money Journal is published quarterly by the Canadian Paper Money Society, P.O. Box 562, Pickering, Ontario L1V 2R7. Annual dues are for the calendar year and are payable in Canadian dollars for Canadian addresses and in United States dollars for all other addresses. Membership is now available in two forms. When you sign up online, you are enrolled with a digital membership that provides access to your quarterly Journal in digital format via Honorary President our website in lieu of a printed Journal. If you President Walter D. Allan, FCNRS would prefer a printed Journal, that option is available for an additional fee. Regular Digital Ronald Greene c/o Dick Dunn Honorary Vice Presidents Annual Membership is $20.00, while Regular Robert J.
    [Show full text]
  • Sir Edmund Walker
    SIR EDMUND WALKER C. W. COLBY BORN in 1848, Sir Edmund Walker belonged to the generation which was just coming to manhood when the Dominion of Canada took the place of British North America. As he joined the staff of the Canadian Bank of Commerce less than thirteen months after Confederation, it may be said that his career coincided exactly with the period which has elapsed since Canada undertook to become a nation of the modem world. This fact has more meaning than could be attached to a mere chronological coincidence. It may be associated with the central motive of his life. Starting out at a moment when patriotism was in the air, he became a patriot in the fullest sense. There seems never to have been a time when public spirit did not inspire his aspirations and impel his acts. Through­ out fifty-six years of incessant effort he continued to plan and give and build for the benefit of Canada. Lord Milner has said that when he thinks of the British Empire he does not feel impelled to wave a flag, but rather to go off by him­ self in a corner and pray. Sir Edmund Walker's patriotism was of the same character. At least it lacked wholly the flamboyant quality which one associates with fervid rhetoric and boisterous flag-waving. Moreover with him, as with the Benedictine monk. to labour was to pray. He built up a great bank, and had every possible opportunity to secure information, by the most legitimate means, which through thought and planning could be made to yield large personal profits in cash.
    [Show full text]
  • John Smart National Archives of Canada
    164 ARCHIVARIA 27 Anyone interested in the actions against individuals which are within the capability of the modern democratic state, and in the effect of current legislation on freedom of information and on the privacy of the individual, will find this book useful reading. Mitgang approves highly of freedom-of-information legislation - indeed, he would have had no book without it - but is worried that the Reagan administra- tion has weakened the regulations surrounding these laws, and can give no assur- ance that U.S. agencies are not still compiling files and watching American authors, even though the legislation is now supposed to make that practice illegal. "To this day [authors] can be watched and kept on file through what I consider to be a wide opening in the back door of the guidelines." In fact, the New York Times of 21 August 1988 carried a story entitled "F.B.I. Kept a File on Supreme Court," which outlined how the FBI watched, taped, and wiretapped the judges of the U.S. Supreme Court "from 1932 until at least 1985." As this review is written, a former head of the CIA has become President of the United States. However, neither Canadians in general nor Canadian archivists in particular should permit themselves too many superior glances at the United States when the questions raised by Mitgang's book come up for discussion. In the winter of 1988, the Canadian Security Intelligence Service raided the offices of Radio- Canada in Montreal, and one recalls the RCMP's raid in recent years on the home of Ottawa author John Sawatsky.
    [Show full text]
  • From Next Best to World Class: the People and Events That Have
    FROM NEXT BEST TO WORLD CLASS The People and Events That Have Shaped the Canada Deposit Insurance Corporation 1967–2017 C. Ian Kyer FROM NEXT BEST TO WORLD CLASS CDIC—Next Best to World Class.indb 1 02/10/2017 3:08:10 PM Other Historical Books by This Author A Thirty Years’ War: The Failed Public Private Partnership that Spurred the Creation of the Toronto Transit Commission, 1891–1921 (Osgoode Society and Irwin Law, Toronto, 2015) Lawyers, Families, and Businesses: A Social History of a Bay Street Law Firm, Faskens 1863–1963 (Osgoode Society and Irwin Law, Toronto, 2013) Damaging Winds: Rumours That Salieri Murdered Mozart Swirl in the Vienna of Beethoven and Schubert (historical novel published as an ebook through the National Arts Centre and the Canadian Opera Company, 2013) The Fiercest Debate: Cecil Wright, the Benchers, and Legal Education in Ontario, 1923–1957 (Osgoode Society and University of Toronto Press, Toronto, 1987) with Jerome Bickenbach CDIC—Next Best to World Class.indb 2 02/10/2017 3:08:10 PM FROM NEXT BEST TO WORLD CLASS The People and Events That Have Shaped the Canada Deposit Insurance Corporation 1967–2017 C. Ian Kyer CDIC—Next Best to World Class.indb 3 02/10/2017 3:08:10 PM Next Best to World Class: The People and Events That Have Shaped the Canada Deposit Insurance Corporation, 1967–2017 © Canada Deposit Insurance Corporation (CDIC), 2017 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, without the prior written permission of the publisher.
    [Show full text]
  • A.N. Bethune Fonds
    Description and Finding Aid ALEXANDER NEIL BETHUNE COLLECTION F2022 Prepared by Marion Magee, 2010 TRINITY COLLEGE 6 HOSKIN AVENUE, TORONTO, ON, CANADA M5S 1H8 WWW.TRINITY.UTORONTO.CA [email protected] 416 978-2019 A.N. Bethune fonds ALEXANDER NEIL BETHUNE COLLECTION Dates of creation: 1835-1866 Extent: 7cm of textual material Biographical sketch: Alexander Neil Bethune was born on 28 August 1800 at Williamstown, Charlottenburg Township, Upper Canada, and died on 3 February 1879 at Toronto, Ontario. He married Jane Eliza Crooks and had ten children. From 1810 to 1812 Alexander Neil was a student at the grammar school run by the Reverend John Strachan at Cornwall, Upper Canada. His movements from 1812 to 1819 are not known for certain, but in the autumn of 1819 he wrote from Montreal that he had determined to go to York “to place himself under the care and direction of Dr. Strachan.” From 1819 to 1823 Bethune remained at York as a student of divinity supported by the Society for the Propagation of the Gospel. He was made a deacon by Bishop Jacob Mountain on 24 August 1823 and priest on 26 September 1824. He had charge of the parish of The Forty (Grimsby) and an out-station at Twelve Mile Creek (St. Catharines). In 1827 Bethune became the incumbent of the parish of Cobourg; he was later its rector and served there until 1867. In 1831 he made the first of a number of trips to England on behalf of the Church of England in the colony, on this occasion in support of the University of King’s College (later the University of Toronto) and the Church of England’s rights to the clergy reserves in Upper Canada, questions on which his views resembled closely those of Strachan.
    [Show full text]
  • BANK MERGERS: IS BIGGER BETTER? Introduction
    BANK MERGERS: IS BIGGER BETTER? Introduction In January 1998, the Bank of Montreal and the Royal Bank of Canada announced plans to merge and create one superbank. A few months later, in April, the Toronto Dominion Bank and the Canadian Imperial Bank of Commerce announced similar plans. The proposed bank mergers caught many people off guard, including Minister of Finance Paul Martin. In a Macleans interview, Martin said, "Just because they decided to get into bed together doesnt mean that I have to bless their union." Martins message seemed to be that Ottawa, not the banks, would decide the future of banking in Canada. "There will be no mergers in the banking sector until we are convinced that [it] is what is best for Canadians, and we will not be stampeded into making that decision." According to the banks, the proposed mergers were a natural response to a changing and highly competitive global marketplace. Mergers, they said, provide a way of maintaining a strong Canadian presence in the banking industry. Certainly, recent technological advances have dramatically changed the manner in which the financial services industry conduct their business, and the above- mentioned banks feel, therefore, that they need to be bigger to compete and to have a substantial presence in the global banking community. Martin himself acknowledged the changed nature of banking when he said, "If you look back at banking five years ago, you might as well look back two centuries." While the proposed bank mergers brought attention to the challenges facing Canadas banks, these challenges are not peculiar to the banks alone.
    [Show full text]
  • T1mj-~ Ak~Jjs Mary-Anne Nicholls (Mrs.) Archivistlrecords Officer
    Mission: To worship God and pro- claim Jesus Christ in the power of the Holy Spirit and to embody - in word and action - God's reconciling love, justice, compassion and liberation - Diocese of Toronto through which knowledge of God's Anglican Church of Canada reign is extended. April 22, 1997 /l'Js, Mi-gs Eunice Streeter Fwiher to our telephone conversation of April 17, 1997 enclosed please find the baptism records of the three Stutt girls as requested. They were located in the early parish records 0[31. Peter's, Cobourg. Interestingly, AN. Bethune was the officiant at all three and I have included a couple ofbriefbiographicaJ notes about him for your information. Yours sincerely, t1Mj-~ Ak~JJs Mary-Anne Nicholls (Mrs.) ArchivistlRecords Officer THE INCORPORATED SYNOD OF THE DIOCESE OF 1QRQ.NTO 135 ADELAIDE ST. E .• TORONTO· ONTARIO· M5C 1L8 • (416) 363-6021 t 1-800-6_~.!.:3: .1(Fax) 363 7678 . / The Right Reverenc 1867-J anuary-N o\'ember- of Lord Bishop of If67-1879-Lord Bi~: 18bo--Born Thursdar, 28tl Educated at tile Gr: 18.+7-D.0. (honoris (flU, 1857-D.C.L. (honoris Cflll 1823-0rdained Deacon in hec (J. l\Iountain . August, at the Ca: 182.j.-Ordained Priest in tl (J. l\Iountain). Church of the H, 1823'1~27-lncumbent of I 1827-1867-Rector of Cob( 1830-1867-Cbplain to th 18.j.I· 18.j.6- President. Tht' 18.j.7-1P67-Arcl~deacon of' 1866-Elrcted Coadjutor H= and with right of i her. hy the Synod! Onto .
    [Show full text]
  • REVISED HAMILTON MUNICIPAL HERITAGE COMMITTEE REPORT 14-009(A) 12:00 P.M
    REVISED HAMILTON MUNICIPAL HERITAGE COMMITTEE REPORT 14-009(a) 12:00 p.m. Thursday, August 21, 2014 Council Chambers 71 Main Street West Present: A. Denham-Robinson (Chair), Councillor M. Pearson, M. Adkins, W. Arndt, P. Wilson, W. Furlan, S. Nowak Absent: Councillor B. McHattie – City Business Councillor L. Ferguson – City Business K. Wakeman, W. Rosart, R. Sinclair THE HAMILTON MUNICIPAL HERITAGE COMMITTEE PRESENTS REPORT 14- 009(a) AND RESPECTFULLY RECOMMENDS: 1. Implementation of the Recommendations of the Downtown Built Heritage Inventory Project (PED14191) (a) That the properties listed in Schedule 1 of Appendix “A” attached hereto to the Hamilton Municipal Heritage Committee Report 14-009(a) be included in the Register of Property of Cultural Heritage Value or Interest as non- designated properties; (b) That staff be directed to add the properties listed in Schedule 2 of Appendix “A” attached hereto to the Hamilton Municipal Heritage Committee Report 14-009(a) to the staff’s work program for designation; (c) That Schedule 3 of Appendix “A” attached hereto to the Hamilton Municipal Heritage Committee Report 14-009(a) be approved as amended to include the Candidates for Designation; PLANNING COMMITTEE – September 16, 2014 Hamilton Municipal Heritage Committee August 21, 2014 Report 14-009(a) Page 2 of 2 (d) That staff be directed to prepare a Capital Budget Submission to be brought forward in the 2015 Budget Deliberations to address the work program for designation, as per Schedule 3 of Appendix “A” attached hereto to the Municipal
    [Show full text]
  • DFA Canada Global 50EQ-50FI Portfolio - Class a (USD) As of March 31, 2021 (Updated Monthly) Source: RBC Holdings Are Subject to Change
    DFA Canada Global 50EQ-50FI Portfolio - Class A (USD) As of March 31, 2021 (Updated Monthly) Source: RBC Holdings are subject to change. The information below represents the portfolio's holdings (excluding cash and cash equivalents) as of the date indicated, and may not be representative of the current or future investments of the portfolio. The information below should not be relied upon by the reader as research or investment advice regarding any security. This listing of portfolio holdings is for informational purposes only and should not be deemed a recommendation to buy the securities. The holdings information below does not constitute an offer to sell or a solicitation of an offer to buy any security. The holdings information has not been audited. By viewing this listing of portfolio holdings, you are agreeing to not redistribute the information and to not misuse this information to the detriment of portfolio shareholders. Misuse of this information includes, but is not limited to, (i) purchasing or selling any securities listed in the portfolio holdings solely in reliance upon this information; (ii) trading against any of the portfolios or (iii) knowingly engaging in any trading practices that are damaging to Dimensional or one of the portfolios. Investors should consider the portfolio's investment objectives, risks, and charges and expenses, which are contained in the Prospectus. Investors should read it carefully before investing. This fund operates as a fund-of-funds and generally allocates its assets among other mutual funds, but has the ability to invest in securities and derivatives directly. The holdings listed below contain both the investment holdings of the corresponding underlying funds as well as any direct investments of the fund.
    [Show full text]
  • 64 Canadian Banks and Their Branches
    64 Canadian Banks and their Branches. Location. Bank. Manager or Agent. Halifax People's Bank of Halifax, head office . Peter Jack, cashr. Bank of British North America Jeffry Penfold. Bank of Montreal F. Gundry. Hamilton . Canadian Bank of Commerce John C. Kemp. Bank of Hamilton H.C. HammondjCshr. Bank of Montreal T. R. Christian. Merchants'Bank of Canada A. M. Crombie. Bank of British North America Thomas Corsan. Consolidated Bank of Canada J. M. Burns. Exchange Bank of Canada C. M. Counsell. Ingersoll., The Molsons Bank W. Dempster. Merchants' Bank of Canada D. Miller. Imperial C. S. Hoare. Joliette . Hochelaga Bank N. Boire. Exchange Bank of Canada R. Terroux, jnr. Kingston . Bank of British North America G. Durnford. Bank of Montreal K. M. Moore. Merchants' Bank of Canada D. Fraser. Kincardine Merchants' Bank of Canada T. B. P. Trew. Kentville, N. S.. Bank of Nova Scotia L. O. V. Chipman. Liverpool, N. S.. Bank of Liverpool R, S. Sternes, cshr. Lockport People's Bank of Halifax Austin Locke. Lunenburg Merchants' Bank of Halifax Austin Locke. Listowell Hamilton Bank W. Corbould Levis Merchants' Bank I. Wells. London Merchants'Bank of Canada W. F. Harper. Bank of Montreal F. A. Despard. Canadian Bank of Commerce H. W. Smylie. Bank of British North America Oswald Weir. The Molsons Bank. Joseph Jeffrey. Federal Bank of Canada Charles Murray. Standard Bank A. H. Ireland. Lindsay. Bankol Montreal , C. M. Porteous. Ontario Bank S. A. McMurtry. Lucan Canada Bank of Commerce J. E. Thomas. Maitland, N. S. Merchants' Bank of Halifax David Frieze. Markliam Standard Bank F.
    [Show full text]
  • Auchmar Estates
    CITY OF HAMILTON PLANNING AND ECONOMIC DEVELOPMENT DEPARTMENT Tourism and Culture Division TO: Mayor and Members WARD(S) AFFECTED: WARD 8 General Issues Committee COMMITTEE DATE: October 17, 2012 SUBJECT/REPORT NO: Proposed Use Concept Plan-Auchmar Estate (PED12193) (Ward 8) (Outstanding Business List Item) SUBMITTED BY: PREPARED BY: Tim McCabe Anna M. Bradford General Manager (905) 546-2424 Ext. 3967 Planning and Economic Development Department SIGNATURE: RECOMMENDATION a) That the Proposed Use Concept Profile for the Auchmar Estate, attached as Appendix A to Report PED12193, be received. b) That staff be directed to proceed with the development of a comprehensive operational plan, based on the Proposed Use Concept Profile for the Auchmar Estate, attached as Appendix A to Report PED12193, in consultation with community and other stakeholder groups and report back to the General Issues Committee (GIC). c) That in addition to completion of the operational plan referred to in sub- section (b), that staff be directed to issue an Expression of Interest (EOI) for the potential private use and/or sale of the Auchmar Estate and report back to the General Issues Committee (GIC) regarding interests received. Vision: To be the best place in Canada to raise a child, promote innovation, engage citizens and provide diverse economic opportunities. Values: Honesty, Accountability, Innovation, Leadership, Respect, Excellence, Teamwork SUBJECT: Proposed Use Concept Plan-Auchmar Estate (PED12193) (Ward 8) - Page 2 of 13 EXECUTIVE SUMMARY The City of Hamilton owns the Auchmar Estate (Auchmar), a significant heritage asset. Auchmar is the former residence of the the Honourable Isaac Buchanan, a prominent Hamilton merchant and politician.
    [Show full text]