BANK OF MONTREAL.
Received Otober 15, 10.30 p.m. OTTAWA, October 15. The Bank of Montreal baa absorbed tbe Ontario Bank, whose deficiency amounts to a quarter of a million star]log. Tbe position of tbe latter bank is attributed to unauthorised stock speculation. Tbe depositors are protected, but tbe shareholders lose one balf of their holdings.
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https://paperspast.natlib.govt.nz/newspapers/WAG19061016.2.17.3
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Wairarapa Age, Volume XXIX, Issue 8262, 16 October 1906, Page 5
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55BANK OF MONTREAL. Wairarapa Age, Volume XXIX, Issue 8262, 16 October 1906, Page 5
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