Acadiensis, Volumes 13-15Department of History, University of New Brunswick., 1983 |
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Page 42
... bank to feel the crunch , the Merchants Bank , might have escaped relatively unscathed from the depression had the directors followed sound bank- ing practices . The board allowed one of the directors , J.F. Robertson , to ad- vance ...
... bank to feel the crunch , the Merchants Bank , might have escaped relatively unscathed from the depression had the directors followed sound bank- ing practices . The board allowed one of the directors , J.F. Robertson , to ad- vance ...
Page 45
... Bank of Prince Edward Island permitted the directors 90 days ' grace before resuming specie payments . Several groups of investigators estimated the bank's losses at $ 389,500 with one large account in England left to be valued , and ...
... Bank of Prince Edward Island permitted the directors 90 days ' grace before resuming specie payments . Several groups of investigators estimated the bank's losses at $ 389,500 with one large account in England left to be valued , and ...
Page 46
... banks . In addi- tion , the Old Bank was considerably in debt to the other banks which were un- able to realize on their claims for several years , and even then , the Bank of : Prince Edward Island paid only 60 cents on the dollar . 1 ...
... banks . In addi- tion , the Old Bank was considerably in debt to the other banks which were un- able to realize on their claims for several years , and even then , the Bank of : Prince Edward Island paid only 60 cents on the dollar . 1 ...
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