Bank of Toronto (Yellowknife) the resulting staking spree around the region. As the gold rush ended, the volume of business was insufficient to keep the bank profitable, and the Bank of Toronto closed this branch in August 1951. Purchased by prospector Sam Otto in 1964, the old log cabin was renovated and moved to its current location on Latham Island for use as a rental residence. The Bank of Toronto was designated a City of Yellowknife Heritage Site in 1998. Bank of Toronto (Yellowknife) The Bank of Toronto is a historic cabin located in Old Town, Yellowknife, Northwest Territories, Canada. The log cabin was
Legislative Assembly of the Northwest Territories 1967 the Carrothers Commission moved the territorial capital from Ottawa to Yellowknife and for the first time elected members represented all parts of the territories. In 1975 the Legislative Assembly became fully elected, and the first elected speaker since 1905, David Searle, presided over the Assembly. Commissioner John Parker gave up his powers of running the executive council and appointed George Braden as leader of the Government and the first Premier since 1905. The model of responsible government that was used this time around was known as Consensus government. The executive council or cabinet forms government while all the regular