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Merchant's Bank
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Description
THE MERCHANTS’ BANK OF CANADA.
This building stood at the north east corner of Front and Bridge Street.I has since been demolished but the location is currently occupied by a bank.

The following is an extract from a publication of the Daily Intelligencer in 1909.

" The Merchants’ Bank is an institution which has always taken a leading position in the field of Canadian finance. The names of its officers alone, are an assurance of enterprise and stability. Sir H. Montagu Allan is president, Mr. Jonathan Hodgson is vice-president, Mr. E. F. Hebden is general manager, and Mr. T. E. Merrett is superintendent of branches and chief inspector. Other members of the Board of Directors are Messrs. Thomas Long, C. F. Smith, Hugh A. Allan, C. M. Hays, Alex. Larnet, Bryce J. Allan. The inspectors are Messrs. B. Shaw, J. J. Galloway, M. J. Manning, W. E. Butler.
An idea of the volume of business transacted may be gathered from the following figures. There is a paid-up capital of $6,000,000, reserve funds of 4,400,997, total deposits of over 41,000,000, and total assets of over $56,000,000. It is one of the oldest and best known banks doing business in Canada, having been established in 1864, and has 122 branches extending from Quebec to Victoria, with exceptional collecting and exchange facilities.
The head office of the bank in Montreal is a splendid edifice, amongst the finest buildings in the city. The Belleville branch occupies central premises in a handsome stone building at the corner of Front and Bridge Streets, where a reliable staff of bank clerks, under the management of Mr. H. Sneyd. capably carry on the bank’s business in that district, a specialty being made of savings accounts and the accounts of farmers and cheese factories. Besides being a thoroughly efficient banker, Mr. Sneyd takes an interest in the welfare of the city generally, and is a highly esteemed citizen and member of society. "

Date of Publication
1909
Copyright Statement
Copyright status unknown. Responsibility for determining the copyright status and any use rests exclusively with the user.
Contact
Community Archives of Belleville & Hastings County
Email:archives@cabhc.ca
Website:
Agency street/mail address:

254 Pinnacle Street

Belleville ON K8N 3B1

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Merchant's Bank


THE MERCHANTS’ BANK OF CANADA.
This building stood at the north east corner of Front and Bridge Street.I has since been demolished but the location is currently occupied by a bank.

The following is an extract from a publication of the Daily Intelligencer in 1909.

" The Merchants’ Bank is an institution which has always taken a leading position in the field of Canadian finance. The names of its officers alone, are an assurance of enterprise and stability. Sir H. Montagu Allan is president, Mr. Jonathan Hodgson is vice-president, Mr. E. F. Hebden is general manager, and Mr. T. E. Merrett is superintendent of branches and chief inspector. Other members of the Board of Directors are Messrs. Thomas Long, C. F. Smith, Hugh A. Allan, C. M. Hays, Alex. Larnet, Bryce J. Allan. The inspectors are Messrs. B. Shaw, J. J. Galloway, M. J. Manning, W. E. Butler.
An idea of the volume of business transacted may be gathered from the following figures. There is a paid-up capital of $6,000,000, reserve funds of 4,400,997, total deposits of over 41,000,000, and total assets of over $56,000,000. It is one of the oldest and best known banks doing business in Canada, having been established in 1864, and has 122 branches extending from Quebec to Victoria, with exceptional collecting and exchange facilities.
The head office of the bank in Montreal is a splendid edifice, amongst the finest buildings in the city. The Belleville branch occupies central premises in a handsome stone building at the corner of Front and Bridge Streets, where a reliable staff of bank clerks, under the management of Mr. H. Sneyd. capably carry on the bank’s business in that district, a specialty being made of savings accounts and the accounts of farmers and cheese factories. Besides being a thoroughly efficient banker, Mr. Sneyd takes an interest in the welfare of the city generally, and is a highly esteemed citizen and member of society. "