Publisher's Synopsis
Excerpt from The History of Canadian Currency, Banking and Exchange: Some Special Features
It is rather remarkable that the bank. In its petition to the Council, ignores entirely the royal charter which it had received and simply refers to the action taken by the shareholders of the bank to continue its existence as a private corporation. Neither does the ordinance which was passed, giving it once more a public charter, refer in any way to the royal charter but only to the existence of the bank as a private corporation. This is the more noticeable in that the similar ordinance of the Special Council chartering the Quebec Bank makes very full reference to the-royal charter. Reciting its leading features and definitely sanctioning and continuing its powers.
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