billet provincial

CONT: L'Acte pour pourvoir à l'émission de billets provinciaux n'obligeait pas les banques à renoncer au droit d'émettre des billets, et la Banque de Montréal fut le seul établissement financier à accepter les dispositions de la nouvelle loi.

CONT: During 1848–49, the provincial government issued provincial debentures, which circulated in small denominations. They were interest earning and payable one year after issue, although the government could choose to reissue them. Arguably, these debentures set the stage for the subsequent issuance of provincial notes.