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100 Dollars - Lavo Ltd. Montreal, Quebec
| Issuer | La Cie Lavo Ltée (The Lavo Co. Ltd.) |
|---|---|
| Year | |
| Type | Vouchers |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ECONOMIE SECURITE $100 CASH BONUS $100 SAVE SAFELY $100 BON D'ACHAT $100 Rachat: Minimum $30.00 (en argent) LAVO LTÉE Remboursable en argent à 1% de la valeur nominale du Bon d'achat par la Compagnie Lavo Limitée ou tout agent autorisé, après vérification de l'authenticité du bon d'achat. E Bouthillier Albert Goyette PRÉSIDENT VICE-PRÉSIDENT LA CIE LAVO LTÉE, 1880 RUE CHAMBLY, MONTRÉAL 402, CANADA |
| Reverse description | Log in to see details |
| Reverse lettering | SAVE SAFELY $100 CASH BONUS $100 ECONOMIE SECURITE $100 BON D'ACHAT $100 Minimum amount redeemable: $30.00 (in cash) LAVO LTD These coupons are redeemable for cash at 1% of their face value by the Lavo Co. LTD. or any authorized agent after verification of the genuineness of these bonus coupons. E Bouthillier Albert Goyette PRESIDENT VICE-PRESIDENT THE LAVO CO. LTD., 1880 CHAMBLY STREET, MONTREAL 402, CANADA |
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| Comments |
Lavo was a Montreal-based manufacturer of household cleaning products — bleach, soap, ammonia — and this note is a scrip instrument, almost certainly issued for internal use among employees or within a company store arrangement. Quebec industrial scrip of this type was never legal tender and existed entirely at the issuer's discretion, redeemable against wages or goods rather than through any banking mechanism.
The Bouthillier and Goyette signatures suggest mid-century corporate officers, though pinning exact dates to Lavo scrip is difficult — the company operated under various structures across several decades. No Bank of Canada oversight applied to these instruments.