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.