MGMT 1030 Lecture Notes - Lecture 10: Keybank, Upper Canada College, Molson Bank
20 Jul 2016
School
Department
Course
Professor
Document Summary
Outline of klassen, cowdry brothers: private bankers in southwestern alberta, 1886- The cowdry brothers bank was an example of small-scale finance that significantly contributed to the development of business and industry in western. John and nathanael cowdry were educated at upper canada college, gained experience at banks early in their adult careers, and operated a ranch in. Saskatchewan for four years before opening a private bank in fort macleod, Land could fluctuate in value and was often difficult to sell quickly, so the cowdry brothers preferred moveable property such as livestock to guarantee loans: ranchers, farmers and merchants sought credit from cowdry brothers. The largest line of credit of ,000 was offered to a ranching interest. Both brothers continued working in a variety of business fields and contributed to.
