Bank Of Upper Canada


Established 1823 with a capital of $41,364,

which had increased in 1859 to $3,126,250. Its headquarters were in

Toronto. After a long, prosperous career the bank stopped payment in

1866, the chief cause being the collapse in real estate in Canada West

in 1857-1858. =Index=: (William Lyon Mackenzie era) Increase of capital vetoed, 215; run on,

340. =Bib.=: See Banking.



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