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Clinton Canal Bank Five Dollar Note

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The Clinton Canal Bank at Pontiac

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Description


The Clinton Canal Bank at Pontiac was chartered to help finance the Clinton Kalamazoo Canal project, to connect Lake St. Clair to Lake Michigan. Unfortunately, the financial panic of 1837-1841 and the competition of the railway led to the demise of the project, with only the portion from Mount Clemens to Rochester being completed. This five dollar bearer note was issued by the Clinton Canal Bank in 1837. Written on it are the words "The Clinton Canal Bank at Pontiac will pay FIVE dollars to J. Atwood or Bearer on demand. Pontiac Dec. 9 1837. Michigan Safety Fund. Real estate pledged and private property holden."

Date


1837

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Users assume all responsibility for questions of copyright, invasion of privacy, and rights of publicity that may arise in using reproductions from the library's collections.

URI


http://hdl.handle.net/10323/6973

Collections


  • Highlights from the Rod and Susan Wilson Collection of Rochester History

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