The story
The bank received a charter of incorporation in 1855 but did not establish operations until 1859. The authorized capital was £250,000 in 1855, increased to £400,000 in 1859. Of the latter, £206,200 was issued and £20,620 paid up by June. That July, the bank purchased a building in Sherbrooke, which was remodelled before occupation. That September, the bank opened for business at the Sherbrooke head office and Waterloo branch. The Stanstead branch opened months later.
From Wikipedia’s article on Eastern Townships Bank, shared under CC BY-SA 4.0.4