Publisher's Synopsis
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1867 edition. Excerpt: ...& Hall opened "The Colborne District Snving Bank," which appears to have been more advantageous to the public than to its projectors and managers, and it was finally closed in 1848. In 1852, a branch of the Commercial Bank was opened iu Peterborough. For eight years, William Cluxtou, Esq., was its agent, and in its management, displayed his usual excellent business capacity; and on his retirement, owing to the pressure of a large and increasing business, had the satisfaction of handing over its affairs to his successor without a single dollar of a bad debt. The subsequent managers were, J. H. Roper, Jr., and W. F. Harper, Esquires; the latter gentleman having occupied that position during the last two years. The present Commercial Bank building, (on the north-east corner of Water and Hunter streets) was erected during 1863-4. The Bank of Toronto opened a branch here in 1856. James Hall, Esq., now Sheriff, was agent during the first year and a half, and was succeeded by Alexander Muuroe, Esq. During the past six years, its business has been successfully conducted by Alexander Smith, Esq., its present popular and obliging manager. During the present year, (1866) a branch of the Royal Canadian Bank, William Ogilvie, Esquire, Agent, and also a branch of the Ontario Bank, with a Savings Bank department, under the management of D. S. Eastwood, Esquire, were opened in Peterborough. So that, so far as the number of banking institutions are concerned, our business men have no lack of ample facilities for the transaction of business. As to the capital, position, resources or dividends of these institutions, it would be out of place here to enter on any exposition; as ample information on these points is contained in the general bank...
