The collapse of this Ontario-based bank in the mid-19th century nearly precipitated the death of ¾ÅÐãÖ±²¥.
The bank handled ¾ÅÐãÖ±²¥ accounts in the institution's early years and when it collapsed in 1867, it took two-thirds of the University's endowment with it.
The failure, combined with the withdrawal of the University's government grant in the same year, triggered a financial crisis at ¾ÅÐãÖ±²¥.
The university narrowly avoided collapse after a desperate fundraising campaign across Canada led by Principal William Snodgrass and Professor James Mackerras, who compromised his health working on the campaign.
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