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Founded by John Molson Jr. and William Molson in 1850, in Montreal.1
Private company
Canadian bank (1855–1925)
The Molsons Bank was a Canadian bank founded in Montreal, Quebec, by brothers William (1793–1875) and John Molson, Jr. (1787–1860), the sons of brewery magnate John Molson.2 It was founded by William Molson and John Molson Jr.1 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
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The Molsons Bank was a Canadian bank founded in Montreal, Quebec, by brothers William (1793–1875) and John Molson, Jr. (1787–1860), the sons of brewery magnate John Molson.2
Founded by John Molson Jr. and William Molson in 1850, in Montreal.1
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In 1837, the bank opened and issued its first banknotes. In 1850, it was constituted under the Free Banking Act passed by the parliament of the Province of Canada. To increase its powers and its revenue, the bank was incorporated in 1855. It was granted a charter on May 19, 1855 in Montreal allowing it to operate its bank in the same way as other banks. With its head office at the corner of St. James & St. Peter streets (today known as Saint-Jacques and Saint-Pierre streets) in Montreal, it continued in operation until 1925 when it merged with the Bank of Montreal.
From Wikipedia’s article on Molsons Bank, shared under CC BY-SA 4.0.3
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