634

Dominion Trust Company

Currency:CAD Category:Coins & Paper Money Start Price:80.00 CAD Estimated At:150.00 - 200.00 CAD
Dominion Trust Company
SOLD
80.00CAD+ buyer's premium
This item SOLD at 2020 May 01 @ 19:18UTC-4 : AST/EDT

Buyer’s Premiums will be added on all items as per the Terms & Conditions of the sale. Invoices will be emailed out after all sessions of the Spring Sale have concluded.

Stock Certificate for 50 shares, 1914. The firm had its head office in Vancouver. Its stock turned out to be a poor investment. The company failed disastrously later in 1914, brought down by its own risky investments, the end hastened by an economic downturn. The managing director, who was only 31, shot himself. The collapse of Dominion Trust helped propel the ailing Bank of Vancouver into bankruptcy. Its head office, the Dominion Building, is now an attractive heritage building in Vancouver. A handsomely engraved certificate by American Bank Note Co., Ottawa, with an allegorical vignette of a seated woman and lion at upper centre, and a shield at the bottom. Nice VF with a number of pinholes at upper left.