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Canada Rustico, PEI- Farmers Bank of Rustico $1 2.1.1872 Ch.# 290-12-02

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Farmers Bank of Rustico $1 2.1.1872 Ch.# 290-12-02 The Farmers was the smallest bank as measured by share capital ever to operate in Canada. It was chartered by the Colonial Legislature of Prince Edward Island in 1863. The bank would eventually succumb in 1894 due to harsh terms imposed on it by the Canadian government when its charter was renewed for the final time in 1891. This blue serial number example has a large penned annotation on the back from 1875. The last example of this Charlton number to cross our auction block was a PMG VG 8 that realized $1,292.50 in April, 2013.HID07601242017
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