Ontario Bank - Banknotes
Ontario Bank was an early bank operating in Ontario, Canada. It was founded in Bowmanville, Ontario by John Simpson, a local resident and a former bank manager for the town's Bank of Montreal branch and it began operations in 1857 and was last listed as a member of the Canadian Bankers Association in 1901.
The bank and its 30 branches across the province were absorbed into the Bank of Montreal in the fall of 1906, after its general manager Charles McGill was found to have been speculating in the U.S. stock markets with bank funds and sustained an estimated $1.25 million in losses from ill-timed short sales. McGill was convicted of filing false tax returns and sentenced to a five-year prison term early in 1907.
Ontario Bank banknotes of 1888
The 10 dollars notes are only known in institutional collections.
Ontario Bank banknotes of 1882
The 5 dollars notes are only known in institutional collections.
Ontario Bank banknotes of 1870
Ontario Bank banknotes of 1861
Prices, pictures and descriptions not available yet.
Ontario Bank banknotes of 1860
$20, $50 and $100 proof notes only.
Ontario Bank banknotes of 1857
Prices, pictures and descriptions not available yet.
