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3 Scots, $50,000 in cash, and knee-deep snow: The wild race to open Prince George's first bank

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3 Scots, $50,000 in cash, and knee-deep snow: The wild race to open Prince George's first bank
✦AI Summary

A new book chronicles the 1910 race of three bankers to establish the first financial institution in Prince George, British Columbia. The journey involved navigating harsh winter conditions and rugged terrain to beat competitors to the growing settlement.

Why it matters

It highlights the historical role of banking expansion in the development of frontier towns in the Pacific Northwest.

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A new book tells the story of how a trio of bankers raced north through snow, ice and mud to establish the first bank in what would become the City of Prince George. Pictured from left to right are Lorne MacHaffie, John (Jock) Munro and James Anderson. (Jock Munro, submitted by Hancock House Publishing, courtesy of the Red Duncan Collection - image credit) "In 1910, three bankers travelled north with $50,000 in currency and a race against time: establish the first bank in the growing settlement of Fort George before their competitors could get there."

So begins the blurb for The Pioneer Bankers: Three Scots, $50,000 & The Race to Prince George, a new book from author Vivien Lougheed published by Hancock House, an imprint focused on stories of the Pacific Northwest.

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