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Bank Of New Brunswick
The Bank of New Brunswick, established in 1820, was the first Canadian bank to operate under a charter. The bank operated independently in New Brunswick and later in Prince Edward Island until it merged with the Bank of Nova Scotia (now Scotiabank) in 1913. History Founding The Bank of New Brunswick was established on March 25, 1820 in the pre- Confederation Province of New Brunswick, Canada, under a charter from the British government. It was founded in Saint John, New Brunswick by a group of the colony's prominent businessmen. At the time, Saint John was the largest city in the Maritime Provinces, exceeding in population both Halifax, Nova Scotia, and for a time during the 19th century, even Toronto, Ontario. John Robinson was elected the first President of the Bank of New Brunswick and served until 1824 when he was succeeded by Charles Simonds. The Bank expanded through the acquisition of the City Bank of Saint John in 1839. By 1842, the bank held £100,000 in capital.W. C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Confederation
Canadian Confederation (french: Confédération canadienne, link=no) was the process by which three British North American provinces, the Province of Canada, Nova Scotia, and New Brunswick, were united into one federation called the Dominion of Canada, on July 1, 1867. Upon Confederation, Canada consisted of four provinces: Ontario and Quebec, which had been split out from the Province of Canada, and the provinces of Nova Scotia and New Brunswick. Over the years since Confederation, Canada has seen numerous territorial changes and expansions, resulting in the current number of ten provinces and three territories. Terminology Canada is a federation and not a confederate association of sovereign states, which is what " confederation" means in contemporary political theory. It is nevertheless often considered to be among the world's more decentralized federations. The use of the term ''confederation'' arose in the Province of Canada to refer to proposals beginning in the 1850 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Leavitt (banker)
Thomas Leavitt (1795–1850) was a Canadian businessman and banker who was the early president of the Bank of New Brunswick in his native Saint John, New Brunswick. Leavitt was also a diplomat, politician and powerful Canadian businessman with interests in the shipping industry. Early life and family roots Thomas Leavitt was the descendant of early New Hampshire settlers. His father Jonathan Leavitt (1746–1811) was a mariner who arrived in New Brunswick from New Hampshire in 1764. Capt. Jonathan Leavitt's wife was Hephzibah (Peabody) Leavitt, daughter of Capt. Francis Peabody, a Massachusetts native who came north following the French and Indian War to settle lands he was granted to form a township in New Brunswick. Capt. Leavitt arrived in New Brunswick in August 1762 aboard ship from Newburyport, Massachusetts, with father-in-law Peabody, as well as James Simmons and James White, for whom he worked as a mariner at the firm of shipowners Simmons, Hazen & White, whose p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currencies Of Canada
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "currenc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1913 Disestablishments In New Brunswick
Events January * January 5 – First Balkan War: Battle of Lemnos (1913), Battle of Lemnos – Greek admiral Pavlos Kountouriotis forces the Turkish fleet to retreat to its base within the Dardanelles, from which it will not venture for the rest of the war. * January 13 – Edward Carson founds the (first) Ulster Volunteers, Ulster Volunteer Force, by unifying several existing Ulster loyalism, loyalist militias to resist home rule for Ireland. * January 23 – 1913 Ottoman coup d'état: Ismail Enver comes to power. * January – Stalin (whose first article using this name is published this month) travels to Vienna to carry out research. Until he leaves on February 16 the city is home simultaneously to him, Hitler, Trotsky and Josip Broz Tito, Tito alongside Alban Berg, Berg, Freud and Jung and Ludwig Wittgenstein, Ludwig and Paul Wittgenstein. February * February 1 – New York City's Grand Central Terminal, having been rebuilt, reopens as the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Disestablished In 1913
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Companies Of New Brunswick
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1820
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buildings And Structures In Saint John, New Brunswick
A building, or edifice, is an enclosed structure with a roof and walls standing more or less permanently in one place, such as a house or factory (although there's also portable buildings). Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, prestige, and aesthetic reasons. To better understand the term ''building'' compare the list of nonbuilding structures. Buildings serve several societal needs – primarily as shelter from weather, security, living space, privacy, to store belongings, and to comfortably live and work. A building as a shelter represents a physical division of the human habitat (a place of comfort and safety) and the ''outside'' (a place that at times may be harsh and harmful). Ever since the first cave paintings, buildings have also become objects or canvasses of much artist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Canada
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product An end-of-life product (EOL product) is a product at the end of the product lifecycle which prevents users from receiving updates, indicating that the product is at the end of its useful life (from the vendor's point of view). At this stage, a ... * Obsolescence {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Canada Act
The ''Bank of Canada Act'' (the Act) is a statute that sets out the governance structure and powers of the Bank of Canada, which was created in 1934 as Canada's central bank. Prior to 1934, Canada had no central bank and fragmented control of the banking system. The Canadian Bankers Association took the role of regulating the bank system since 1891 and the Bank of Montreal was the government's banker. In ''The Bank of Canada Act, 1934'', The Bank of Canada was incorporated as a central bank "to regulate credit and currency in the best interests of the economic life of the nation ... and generally to promote the economic and financial welfare of the Dominion." The initial capital was , consisting of shares of fifty dollars each for public subscription. Under Section 24, it was given the sole right to issue notes payable to the bearer on demand and issue notes to any amount. Under Section 25, these notes (known as legal tender) could be converted to gold at the head office in Ot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Summerside, Prince Edward Island
Summerside is a Canadian city in Prince County, Prince Edward Island. It is the second largest city in the province and the primary service centre for the western part of the island. History Summerside was officially incorporated as a town on April 1, 1877. On April 1, 1995, the Town of Summerside amalgamated with the incorporated communities of St. Eleanors and Wilmot. At the same time, the amalgamated Summerside annexed portions of the Community of Sherbrooke and the Lot 17 township. It was PEI's second incorporated city, after the provincial capital of Charlottetown. Summerside is named for an inn owned by George Linkletter II, called Summer Side House. Demographics In the 2021 Census of Population conducted by Statistics Canada, Summerside had a population of living in of its total private dwellings, a change of from its 2016 population of . With a land area of , it had a population density of in 2021. Economy The largest single employer within the city i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corinthian Order
The Corinthian order ( Greek: Κορινθιακός ρυθμός, Latin: ''Ordo Corinthius'') is the last developed of the three principal classical orders of Ancient Greek architecture and Roman architecture. The other two are the Doric order which was the earliest, followed by the Ionic order. In Ancient Greek architecture, the Corinthian order follows the Ionic in almost all respects other than the capitals of the columns. When classical architecture was revived during the Renaissance, two more orders were added to the canon: the Tuscan order and the Composite order. The Corinthian, with its offshoot the Composite, is the most ornate of the orders. This architectural style is characterized by slender fluted columns and elaborate capitals decorated with acanthus leaves and scrolls. There are many variations. The name ''Corinthian'' is derived from the ancient Greek city of Corinth, although the style had its own model in Roman practice, following precedents set by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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