Hayseed Capitalists: Private Bankers in Ontario, Thorning, Stephen (1994)
[…] took their place. The Ayr Bank pioneered a branch system of a sort in the 1770s. It employed part-time agents in smaller towns, largely to circulate Ayr Bank notes through the purchase of bills of exchange. Personnel in this system turned over rapidly. The agents rarely had permanent offices, and conducted their business in much […]
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