We at CIBC celebrated our 125th. Anniversary in Souris, on May 2, 2008! Well attended, photographs from the event may be found in a photo set at the bottom of this page.  | In 2008, CIBC celebrated its 125th. year serving the citizens of the Town of Souris, Eastern Kings, Prince Edward Island, Canada and from time to time - the rest of the world! We are happy, with the assistance of the manager Bev Perry and her staff, to share the history of this institution in Souris and wish many continued years of service to the dedicated staff! |  Owen Connolly 1820-1887 | Chappell's Almanac of 1881 listed the Merchant's Bank of Halifax having a branch in Souris. It was situated in the Owen Connolly Building - the site of the present St. Mary's Parish Hall. Mr. Connolly was the agent with P. W. Morrison as clerk. |  Hon. J. J. Hughes 1856-1941 | In 1883 the Merchants Bank of P.E.l. opened a branch in Souris. The late Senator J. J. Hughes, an employee of the Merchants Bank of Halifax for some time, was one of the original officers. An article in the "Pioneer" dated May 20,1984, gives an account of a celebration held in Mr. Hughes. honour before his departure for Souris: "Mr. James Hughes, for some time accountant in the Halifax Merchants Bank here, was on Thursday evening last treated to an oyster supper at Wolsely House on the eve of his departure for Souris to take charge of this branch of P.E.I. Merchants Bank. Toasts were drunk and responded to. Twenty present enjoyed themselves immensely." (Pioneer, May 20,1884) It is interesting to note that an excerpt from the minute records of the Board of the Merchants Bank of P.E.I. (Souris branch) in 1884 has a decision stating "telephone communication was not thought necessary for the bank at present." |  James H. McQuaid 1871-1945 | In this year J. H. McQuaid, father ot the late Mr. Justlce Charles K. McQuaid, and a relative of well known Souris resident the late Mr. Justice Melvin J. McQuaid, joined the Merchants Bank of P.E.I. He began on January 4, 1884, just past his thirteenth birthday. Mr. McQuaid started as very much a junior and his work quite menial. Mr. McQuaid continued with the Bank in Souris, Charlottetown, and Montaque until his transfer to Antigonish somewhere around 1905. He was with the Merchants Bank during its time of absorption by the Commerce. Mr. McQuaid returned to Souris, and was manager of the branch from 1909-1912, at which time he was transferred to Charlottetown. The residents of the Town of Souris in appreciation to Mr. McQuaid presented to him a gold tipped cane bearing an inscription. Mr. McQuaid was transferred to Sydney in 1915 and remained there until his retirement in 1929. He died in 1945. |
In 1906, The Merchants Bank of P.E.I. amalgamated with the Canadian Bank of Commerce. The reason for the merger was the wish of the Bank of Commerce to extend its business in the Atlantic provinces. The decision was made on February 17,1906 to take over the P.E.I. Merchants Bank and the transfer itself took place on June 1, 1906. The Bank of Commerce increased deposits, through the merger, in excess of $1,000,000.  Constructing the new bank ca. 1913. Believed to be in the photo are: John F. Chaisson, Ethelbert Perry or Urban "Tobin" Gallant, Marcus Mooney, Crawford Aitken and Geddie Coffin. | The late J. Russell Leard (1904-1993) remembered "The Bank of Commerce building which I first remember was located in the west side of the Archie Currie building. It was a 2 1/2 storey building which went on fire about 7:30 one morning in 1911. It was caused by a cat upsetting the oil lamp. It was a snappy fire as I recall and the firemen used ladders on the building across the street. After the fire the bank moved across the street to the east side of the Gus MacDonald building, where there was a vault." The Archie Currie building sat on the corner of Main and Hebrew. It was a big building. There was a warehouse behind it used for putting in guest cars overnight for the Cox Hotel. Around 1913, a new Bank of Commerce was built on the corner of Church and Main.  Phillip Chaisson 1873-1918 | Phillip Chaisson of Rollo Bay, was the architect for the new bank. Mr. Chaisson passed away, a tragic victim of the Spanish Influenza. |
|  The new building was a two storey building with a peaked roof and four false pillars on front. This was the general design of most Commerce buildings. The second floor contained rooms for the male bank employees. | Notes from a letter dated August 1983 from Susan Carlton Mrs. J. G. Joyce 1897-1995 to Mrs. Ardyce Leard: "...I can't remember all full names and dates are approximate. Most of the young clerks I can't remember at all. However, away back when the bank was in a building on the corner where the service station is now (Irving), George Sutherland, a bachelor, was Manager I think. Others I remember were Mr. Burpee, reputed to be a serious bridge player. Around 1913-14-15-16 the staff included Arthur Hood from N.S.; Erskine Lockerby from western P.E.I.; Williston Hazard from Charlottetown; a tall sandy complexioned Irish young man Mr. Beatty; Cedric West; etc. Harry Sterns was with the Conmerce but I don't know if he started in Souris. My term was 1917-21. Managers were Erskine Stavert and Mr. Tanner. Later around 1930 Mr. Roop was Manager. When I first went on staff Adele Garrett had been on a while and was still there beyond 1924 I think. Also with us was Cliff MacCallum and another young man (5 in all). A.little later there was a young man Mossey from "up East" with us. (Basil) |  The peaked roof, for one reason or other, had by 1922 been removed from the Commerce building. | One of the first chores was the collections which took in the whole town. I think Adele was on cash. Later on she took care of loans etc., and did the stenography. When I left to be married in 1921 I had been caged. This is about the time when girls were entering this field. Mr. Tanner said when I was leaving to be married, 'That's the trouble with you girls, just when you are worth your salary, you go and get married.' It may be of interest that on the 15th & 30th of the month when the ledgers were balanced we worked very late using our brains as adding machines and at inspection times it sometimes ran into the wee small hours of the morning while the Manager would take the inspectors home for sociability. Strange to say, we didn't seem to mind a bit. That was real dedication. No complaints." |
 The round tablet in this photo was sold at an auction sale in Souris in August 1977. | Three of the Souris staff, left the bank to go off to the Great War. They were PTE Arthur M. Hood, a native of Nova Scotia, GUNNER Harry D. Sterns (1892-1967) of Souris and GUNNER John J. MacEachern. MacEachern who died on March 17, 1917 aged 22. The Charlottetown Guardian reported that a tablet in memory of Canadian Bank of Commerce employees was unveiled by the Hon. John McLean in the Souris Bank on September 21, 1921. Speeches were delivered by Senator McLean, Rev. G. G. Helps and Mayor Herbert H. Acorn. Judge Austin L. Fraser, Souris Town Council and other prominent Souris residents attended the unveiling. The event was closed by the singing of God Save The King. Canadian Bank of Commerce supplied 1701 volunteers to the Canadian military |  Hon. John McLean 1848-1936 |
 The 1970 structure . . . | The Canadian Bank of Commerce amalgamated with the Imperial Bank of Canada to form the Canadian Imperial Bank of Commerce. The now standing Commerce building was erected on a site to the east of where the old building has been. The old structure was torn down, and the vault buried underground where the bank parking lot is now located. The ribbon cutting, to officially open he new premisis was performed by Mayor Jack MacCormack. |
THE NEW SOURIS BANK The twenty-third day of November, is one that we shall not forget, when the Commerce opened a new branch at Souris, the very best one yet; the old one on the corner, had stood for some three score, for the Merchants Bank had failed here, about ninteen hundred and four. The staff have grown with passing years, from a first of two or three, until now with almost twenty, all as busy as the bee; and now this modern building, will serve for years to come, as money passes both ways, and typewriters sweetly hum. When first this branch was opened, in horse and buggy days, few cars were then in Souris, gas tanks, or paved highways; the blacksmith shops, and old horse sheds, for shelter in a storm, no heated cars with aerial wires, or blast of motor horn. For then the steel on red clay roads, today we ride on air, and call a service station, if we find it is not all there; there was no inspection sticker, or insurance on your van, but still the boys all got there, and the girls all" got their man. There were squabbles on the corner, and bottles on the hip, no Mounties then to stop you, you could drive and have a sip; the pony always brought you home, thro dark as Egypts night, no white line to stay beyond, no laws to dim your light. The silken hats and high laced boots, and mustache cups and cane, no cigaretts or paper match, or sight of passing plane; the maids then with bust and buzzle, and skirts down to the heel, now in contrast is the mini, and what it can reveal. But still the gracious nylon, is attractive to the eye, for Grandma showed a home knit sock, and it went not too high; no radio or picture tube, or switch along the wall, but coal-oil light and wood fires bright, and home cooked meals for all. But now we have fast changing times, and buy most all canned food, the buildings all are brick and steel, without the use of wood; we buy our entertainment, and travel far away, and go from here across the seas, in just about a day. It is jets along our skyways, here cars and buses hum, and snowmobiles sail o'er our fields, to add to winters fun; the corner where the old Bank stood, is now a parking space, but the memory of those bygone times, we cannot soon erase. But now a future vision, of the thousands that will pass, along the sidewalks of this Town, and through those doors of glass; the generations yet unborn, who will someday walk therein, and hundreds from across the land, who will come to work within. Now some will leave their greenbacks, and others want a loan, but if you want to borrow, it is best not come alone; but the money that you pay back, looks larger than your loan, and the interest that you give them, they always call their own. But in closing out this story, I wish to add this line, If I could deposit money, then the interest would be mine; we like to take a flash-back look, to days now long gone by, when pollution was an unknown word, and we had a clear blue sky. The food we used was all produced, from the land and from the sea, and we did not need much money, for a weekly shopping spree; and now we pause a moment, as our mind will wander back, to the many hundred thousand, who were served by this same Bank. The value of the dollar, has passed away with time, inflation has us in its grip, this is the jet-age line; our farms are folding one by one, and our pulp all cut away, and what the farmer has to sell, gives very little pay. While we await our old age pension, and use our medicare, we try to labour like the rest, to provide our bill-of-fare; we work out for a season, and then we hope to get, enough of coupons or of stamps, for an unemployment cheque... Hugh J. MacDonald Monticello, P.E.I. November 23, 1970 | Souris Branch Managers  1895 - James J. Hughes 1899- W. R. McKie 1900 - G. W. Sutherland
 1909 - James H. McQuaid 1912- C. F. Worrell 1913 - J. D. Burpee 1915 - Erskine P. Stavert 1919 - F. I. Tanner 1921 - S. Drake 1926- C. N. Roop 1937 - W. T. Parker 1939 - M. L. West 1945 - V. L. Curry 1947 - J. H. M. Dalziel
 1952 - Ralph E. Morse 1954 - James N. Innes 1961 - Milton B. Fitzpatrick 1965 - Derrell B. MacClure 1974 - Irvine H. R. Fowler
 1977 - Derrell B. MacClure 1983 - Willard H. MacKinnon 1994 - Lorraine H. Hennessey 1995 - Lorne F. Baldin 1997 - David A. MacLeod 2006 - Beverly A. Perry
 Souris' CIBC Branch in 2008
| Strictly Suit and Tie in Bank by Viki Walsh Souris - When Ralph Morse first worked at the Bank of Commerce in Souris in 1934, the dress was strictly suit and tie, and the pay was $75 a month plus room and board, for the acting accountant. Mr. Morse will be one of a several special guests at the 100th anniversary of the branch on Sept. 21, 1983. Mr. Morse came to the Souris branch in 1934, when the total staff at the branch was four people. "I lived right in the building, in rooms above the bank. Part of the job was to keep the coal furnace stoked, and the water pumped," he said. He recalled many a cold night, returning from an evening out, to find the furnace cold and the bank and residence colder. "You'd go down there and build up a great fire, but it sure would be cold at first," he said. In the mornings a house-keeper came in and part of her duty was to start the fire. In those early days it was normal to do the bookkeeping and other work at night. "We had to balance the books to the cent. Sometimes we would spend days looking for five cents," he said. Mr. Morse said the banks later changed their policy when they found out how much it was costing to have staff work long hours to find a few pennies. In those early days there was no overtime. The tellers then were "caged;" their office was a barred area that was kept locked at all times. "The teller was entirely responsible for the cash. If your cash was short, you paid for it yourself," he said. Tellers and managers kept a loaded revolver under the counter at all times. The bullets for the revolvers were part of the annual inventory order that was a big event. "We ordered everything right down to soap and toilet paper, once a year". "The bullets were part of that order ...we used to do target practice in the basement, but we always had to be sure there were bullets left for the revolvers," he said. Mr, Morse said the idea of a robbery "never entered my head" and in fact there never was one in Souris. The staff in those early days was mainly men. Even the men could not marry unless they had bank permission. There were reasons for that, he said. First, a man could not support a family on the salary. Then there was the ever-present concern about a transfer . Bank employees were expected to take a transfer to any other branch, often on a day's notice. "Sometimes you could go in in the morning, and be on the train by the afternoon," he said. It made for some difficult times then, but now has some advantages. "We can go right across Canada, and know some people in almost any city," he said. By the same token, a bank employee could return to a branch to find all his friends transferred. Mr. Morse was transferred to several different locations including Halifax and Toronto, and he returned to the Souris branch in 1952 and was manager here until 1954. Now he and his wife, Lynn en]oy thelr retirement cottage in Chepstow, and they spend the winters in Florida. from the Charlottetown Guardian, September 1983 In an article published in the Eastern Graphic, Mr. Morse recollected "It was a slow time, during the depression," he said. "People didn't do much borrowing, because they didn't have much money." At that time, the young male enployees lived in rooms over the bank, and went out for theIr meals. "I used to get my meals at the Cox Hotel," Mr. Morse said. "They ware real good meels, too." There were a lot of spare houts for a young banker, and Mr. Morse filled his time with various hobbies, including photography. "I can't say I worked very hard when I waa a Junior as I did when I was a manager" ha said. "I had a lot of responsibility. And I had to be careful with I talked about in the evenings, too." he noted. |
Over the years, many have been employed at the Souris CIBC. We have included those that are known below. If you are able to add to this list or supply additional history, please e-mail branch manager Beverly Perry. Thanks! | 1970 
1983 
 Service with a smile . . . The late Pam (MacLean) Leslie serving one of Souris' best known residents - Wimpy, during the 100th. Anniversary Celebrations2008

Alice (MacDonald) Acorn Dianne (Coffin) Acorn Helen (Chaisson) Antle Tracey Bailey Lorne Baldin Alma (Fraser) Beck Bob Bennett Susan (Fay) Birt Cathy (Anderson) Brake Carla (Bailey) Brothers Darrell Bruce
| Elaine (McManus) Bruce Georgia (Birt) Bruce Brian Buckley Robert Burnham Inez (MacPhee) Campbell Melissa Carter Judy (Pritchard) Chaisson Vera (MacDonald) Chaisson Joan (Dixon) Ching Ray Cornish Mary (MacInnis) Duncan
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| Barbara (Hunter) Edge Milton Fitzpatrick Adele (Garrett) Ford Bud Fowler Mildred Fraser Winston Fudge Albert "Allie" Gallant Claire Gallant Donna (Bailey) Gaudet Rhonda (Bruce) Grant Janet (Dixon) Gregory Williston Haszard Lorraine (Boertein) Hennessey Arthur Hood James J. Hughes James Innes David Jackson Gail (LeBlanc) Jennings Kim (Lutz) Jennings Sue (Carlton) Joyce George Keddy Jovette Keeler Nancy Keenan Mary Kinsman David Larkin Pamela (MacLean) Leslie Suzanne Leslie Erskine Lockerby Kim Lumsden Lori (Ching) MacAulay Lynda (Rose) MacAulay Clifford MacCallum Derrell MacClure Anne (Hughes) MacDonald Debbie (Chaisson) MacDonald Jean (MacCormack) MacDonald Loretta (Chaisson) MacDonald Lori MacDonald Mary (Chaisson) MacDonald John J. MacEachern Richard MacFarlane Sharon MacAulay Nancy MacInnis Jennie (MacIntyre) MacIsaac Frances (Kickham) MacIsaac Nova (Chaisson) MacIsaac Carmel (MacKenzie) MacKenzie Evelyn MacKenzie Melvin MacKenzie Karen MacKinnon Willard MacKinnon Cheryl (Bailey) MacLaren Sandra Faye (MacSwain) MacLaren Ken MacLean David A. MacLeod Sharon MacLeod Beth (Fay) MacPhee Dr. Elmer MacPhee Ronelda (Peters) MacPhee Mary MacSwain Wanda Madore Annette Mahar Teresa Mallard Sheila (Dixon) McInnis Laura (MacDonald) McIntosh Betty Lou (Peters) McKenna Roy C. McLean James H. McQuaid Christine Montgomery Ed Moores Lynn (Jarvis) Morrow Ralph Morse Basil Mossey Sheri Murphy Jonathan Neale Travis Norton Cathy (Dwan) O'Keefe Bev (Sanderson) Perry Mary Peters E. Jane Pierce Bernard Praught Pauline (MacPhee) Rafferty John Rahey Sheila (Graham) Soloman Erskine P. Stavert Harry Sterns George W. Sutherland Fulton Underhay Cedric West M. L. West Gertrude (MacDonald) White Annette (LaPierre) Wilson Mark Winfield Bob Wood |
The CIBC in Souris celebrated their 125th. Anniversary with a donation of $6,000 for new equipment for the Harbourview Training Centre in Souris. Harbourview offers a wide range of programs and services for intellectually challenged individuals. CIBC in Souris has also been a supporter of other community organizations, including Drug Abuse Resistance Education, Souris Hospital, Eastern Kings Sportsplex, Eastern Kings Fitness, MacIntyre House, Silver Threads Seniors Club and the Canadian Breast Cancer Foundation CIBC Run for the Cure. In a press release branch manager Beverly Perry stated "CIBC believes in giving back to the communities where we live and work. We are proud of the role played by our compaany and our employees in supporting important community organizations in Souris." | Then 
| and now . . . |
Thank you to the late Susan C. Joyce, Mrs. Ardyce Leard, the late J. Russell Leard, the late Olga J. Leard, Waldron Leard, Louise MacClure, the late Hon. Charles R. McQuaid, the late Ralph Morse, Bev Perry, Lloyd Soloman and Fulton Underhay who supplied the historical research for this celebration. Copyright Waldron H. Leard
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