[m'i.achlan| copper CURRENCY OF THE CANADIAN BANKS 265 



No. 42.. 



Extract from a Report O'f a Committee of the Honorable the Executive 

 Council on Matters of State, dated the 4 November, 1851, approved by 

 His Ex-cellency the Governor-General-in-Council on the same day. 



On the Letter dated the 3 instant, of Thomas G. Ridout, Esquire, Cashier 

 of the Bank of Upper Canada, Soliciting- another Letter of License to import 

 and issue the further sum of £5,000 Sterling in Copper Bank Tokens of one 

 penny and one halfpenny each, according to the restrictions and conditions 

 of the Act 4 and 5 Vic, Cap. 17, and that the same may be in force for 

 one year. 



The Committee are respectfully of opinion that the permission authorized 

 by the Act 4 and 5 Vic, Cap. 17, be g-Lven to the Bank of Upper Canada to 

 import during the space of one year Copper Coin in pence and halfpence 

 to the Amount not exceeding £5,000 Sterling, on the conditions published by 

 the above recited Act, and that the Notice required by law be given accord- 

 ingly in the Official Gazette, and that M. Secretary Morin do give the neces- 

 sary instructions in the Matter. 



Certified. 



W. H. Lee. 



No. 43. 



Thomas G. Ridout, Esq., Cashier of the Bank of U. P., Quebec. 



Secretary's Office, 

 Sir, 6 November, 1851. 



I am commanded by the Governor-General to inform you that His Excel- 

 lency has ihad under his consideration in Council your letter soliciting for 

 the Bank of Upper Canada, a Letter of License, similar to that granted in 

 February, 1850, to import and issue the further sum of £5,000 Sterling in Cop- 

 per Bank Tokens of one penny and one halfpenny each, according to the re- 

 strictions and conditions of the Act 4 and 5 Vic, Cap. 17, and requesting that 

 the said letter may be in force for one year. 



His Excellency in Council has been pleased to accede to the request of 

 the Bank. 



The Letter of License is accordingly in course of preparation and will 

 be transmitted to you on receipt of the fee of £2 due thereon. 



Secretary's Office, 

 Mess'. Deslarats d Dbyshire. 6 November. 



Gentlemen, 



I am commanded by the Governor-General to direct you to insert the 

 accompanying notice in the next Official Gazette. 



Secretary's Office, 



7 November, 1851. 

 His Exoellency the Governor-General-in-Council has been pleased to au- 

 thorize the Bank of Upper Canada to issue during twelve months from this 

 date Copper Coin in pence and halfpence to an amount not exceeding £5,000 

 Stg. on the conditions presented by the Act 4 and 5 Vic, Cap. 17. 



By Command, 



(Signed), A. N. Morin. 



