5 Dollars

The Bank of Montreal's 1935 series was issued during the final years the chartered banks could legally issue their own Dominion-circulating currency. The Bank of Canada Act of 1934 had already established the central bank, and by 1945 all chartered bank notes were fully withdrawn from circulation — making 1935 effectively the last generation of private Canadian bank note issues.

W.A. Bog served as General Manager and C.B. Gordon as President at the time of signing. The Canadian Bank Note Company produced the series in Ottawa, where it had operated since relocating from Montreal in the early twentieth century.