<persName ref="prs:mcnab_c"><surname>McNab</surname>, <forename>C.</forename></persName> to <persName ref="prs:elliot_tf"><surname>Elliot</surname>, <forename>Thomas</forename> <forename>Frederick</forename></persName> 16 December 1858, CO 60:2, no. 12882, 213. McNab addressee Elliot (Assistant Under-Secretary)

Published by Jim Hendrickson and the University of Victoria.

McNab, C. to Elliot, Thomas Frederick 16 December 1858, CO 60:2, no. 12882, 213.The Colonial Despatches of Vancouver Island and British Columbia 1846-1871, Edition 2.6, ed. James Hendrickson and the Colonial Despatches project. Victoria, B.C.: University of Victoria. https://bcgenesis.uvic.ca/B585MI19.html. CO 60:02 CO 60 2 12882 213 B.C. 1858 received 17 December co_60_02_00213r.jpg Transcribed from microfilm archives, marked up in Waterloo Script, then transformed into TEI P5 XML.

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Public Offices document. Minutes (2), Other documents (2).

McNab elucidates the Bank of British North America’s purpose for requesting an interview as a hope that their charter to operate may be extended another ten years after its expiry in April 1861.

The minutes declare that reports from respective governors are required before the CO can express any opinion on the subject.

Enclosed is a draft from Lytton to the Governors of Canada, New Brunswick, Nova Scotia, Newfoundland and Prince Edward Island forwarding a copy of the letter from the Bank of British North America; and a draft reply from Carnarvon to McNab advising that the memorial had been referred for comment to the governors of the colonies in which the bank was authorized to establish branches.

 McNab, C.
Bank of British North America London,
Elliot, Thomas Frederick Inserted revisionDesc with @status="unproofed". Changed idno @type="received" into a date element. Gave existing date an @type="sent" and reordered bibl contents.
McNab to Elliot (Assistant Under-Secretary) 12882, CO 60/2, p. 213; received 17 December
Bank of British North America London,
16 December 1858 Sir,

In compliance with the invitation contained in your letter of the 4th Instant, Instant, A draft of this letter appears in McNab to Lytton, 30 November 1858, 12266, CO 60/2, p. 206. I beg respectfully to submit, that the object of the Directors in seeking a personal interview with Sir Edward Bulwer Lytton was to explain to him fully the purpose of their petition to the Queen of the 11th Novr (referred by the Treasury to the Colonial Office) Treasury to the Colonial Office = BBNA petition. See Trevelyan to Merivale (Permanent Under-Secretary), 23 November 1858, 12050, CO 60/2, p. 303. which petition was not for the grant of a new Charter, but simply that Her Majesty would graciously exercise the power specially reserved to her in the existing Charter, to continue, "by writing under her Sign Manual," its operation for a further term of ten years (or for such other period as Her Majesty might think fit) from its expiry in April 1861.

The Directors would also beg most respectfully to submit that, in the confidence that that power would be exercised by Her Majesty, they have made arrangements for establishing Branches in the new Colonies of Vancouvers Island and British Columbia, which, although calculated to prove of great advantage to these Colonies, cannot be expected, for some years to come, to yield much profit to the Bank, in return for the outlay and risk incurred in their Establishment.

They would only beg leave further to remark, that the continuation prayed for, would simply have the effect of bringing the termination of this Banks Charter to the same period as the termination of the Charters of the other Banks in Canada.

I have etc. C. McNab SecycompanySecretary
Mr Merivale The Memorial of theBank of B.N. America praying for an extension of the term of their Charter has been referred to the respective Govrs for report. The Secretary of State therefore is not in a position (till the reports are received) to express any opinion on the subject? VJ 17 Decr
This additional letter should be sent to Sir E. Head & the writers so informed? Annex dt. HM D 17
Draft reply, Lytton to Governors of Canada, New Brunswick, Nova Scotia, Newfoundland and Prince Edward Island, 23 December 1858, forwarding copy of letter from the Bank of British North America.
Draft, Carnarvon to McNab, 23 December 1858, advising that the memorial had been referred for comment to the governor's of the colonies in which the bank was authorized to establish branches.