One of the first financial institutions in Knowlton was Molson’s Bank, located on Victoria Street in 1899.
A farwestern look
This branch is an excellent representation of the boomtown style architecture. As Knowlton began to develop, these buildings became popular because they were easy and inexpensive to construct. The boomtown style was characterized by its flat roof that maximized space and by false fronts to make the structure appear larger than it really was. The first floor of these buildings was generally used for commercial activities such as banks. In 1914, however, Molson’s bank was relocated to 101 Lakeside and housed in a more modern building.
Knowlton is characterized by its many buildings, institutions and architectural styles that are of great historical value to both local and national development.
Their own tickets
Banks were allowed to have their own banknotes in those days. The first banknotes printed by Molson Bank date back to 1837.
Molsons Bank was open from 1837 to 1925. And yes, it was run by the same people associated with Molson beer. The first banknotes they printed date back to 1837. Canada passed a law that restricts banking institutions with the note of issuing rights on banks that were managed solely by bankers. Molson’s were disqualified because of their association with brewing and distilling. In 1853, they resumed their banking activities under the Free Banking Act. Molsons Bank has published a huge variety of designs and currencies. See the guide (English)
See other banks that had their bills
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