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Beaver Street (Manhattan)
Beaver Street is a street in the Financial District of Lower Manhattan in New York City. Beaver Street runs five blocks from Pearl Street in the east to Broadway in the west. Along its length, it crosses Hanover, William, Broad, and New Streets. The street is preserved as part of the New Amsterdam street grid, a New York City designated landmark. History In the 17th century city of New Amsterdam, the Dutch created two canals, one at present-day Broad Street and one at present-day Beaver Street. The latter originally existed as two separate tributaries of the Broad Street canal; the section west of modern-day Broad Street was called ''Bever Graft'' or Beaver Canal, while the section to the east was called ''De Prince Graft'' or Prince Canal, which ended in a ditch that the Dutch called a "sloot". Despite the fact that Prince Canal became Princes Street (later Beaver Street), ''Prince Graft'' was a name referring to a canal on Broad Street, not Beaver Street. Beaver Street was cr ...
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Financial District, Manhattan
The Financial District of Lower Manhattan, also known as FiDi, is a neighborhood located on the southern tip of Manhattan in New York City. It is bounded by the West Side Highway on the west, Chambers Street and City Hall Park on the north, Brooklyn Bridge on the northeast, the East River to the southeast, and South Ferry and the Battery on the south. The City of New York was created in the Financial District in 1624, and the neighborhood roughly overlaps with the boundaries of the New Amsterdam settlement in the late 17th century. The district comprises the offices and headquarters of many of the city's major financial institutions, including the New York Stock Exchange and the Federal Reserve Bank of New York. Anchored on Wall Street in the Financial District, New York City has been called both the most financially powerful city and the leading financial center of the world, and the New York Stock Exchange is the world's largest stock exchange by total market capitalizati ...
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Marinus Willett
Colonel Marinus Willett (July 31, 1740 – August 22, 1830) was an American military officer, politician and merchant who served as the mayor of New York City from 1807 to 1808. Willett is best known for his actions during the American Revolution, where he served as an important Patriot leader in colonial New York before enlisting in the Continental Army and serving in numerous campaigns in the Revolutionary War throughout the Northwest. Born in Jamaica, Queens, Willett underwent an apprenticeship as a cabinetmaker before enlisting in the provincial militia after the French and Indian War broke out in 1754. He participated in the Ticonderoga campaign and the British capture of Fort Frontenac in 1758, before falling sick and being transferred to Fort Stanwix in order to recuperate. After the end of the conflict, he entered King's College in New York in 1772 and graduated in 1776. A prominent member of the Sons of Liberty, Willett enlisted in the 1st New York Regiment ...
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National Park Service
The National Park Service (NPS) is an agency of the United States federal government within the U.S. Department of the Interior that manages all national parks, most national monuments, and other natural, historical, and recreational properties with various title designations. The U.S. Congress created the agency on August 25, 1916, through the National Park Service Organic Act. It is headquartered in Washington, D.C., within the main headquarters of the Department of the Interior. The NPS employs approximately 20,000 people in 423 individual units covering over 85 million acres in all 50 states, the District of Columbia, and US territories. As of 2019, they had more than 279,000 volunteers. The agency is charged with a dual role of preserving the ecological and historical integrity of the places entrusted to its management while also making them available and accessible for public use and enjoyment. History Yellowstone National Park was created as the first nation ...
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National Register Of Historic Places
The National Register of Historic Places (NRHP) is the United States federal government's official list of districts, sites, buildings, structures and objects deemed worthy of preservation for their historical significance or "great artistic value". A property listed in the National Register, or located within a National Register Historic District, may qualify for tax incentives derived from the total value of expenses incurred in preserving the property. The passage of the National Historic Preservation Act (NHPA) in 1966 established the National Register and the process for adding properties to it. Of the more than one and a half million properties on the National Register, 95,000 are listed individually. The remainder are contributing resources within historic districts. For most of its history, the National Register has been administered by the National Park Service (NPS), an agency within the U.S. Department of the Interior. Its goals are to help property owners and ...
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Postage Stamp
A postage stamp is a small piece of paper issued by a post office, postal administration, or other authorized vendors to customers who pay postage (the cost involved in moving, insuring, or registering mail), who then affix the stamp to the face or address-side of any item of mail—an envelope or other postal cover (e.g., packet, box, mailing cylinder)—that they wish to send. The item is then processed by the postal system, where a postmark or cancellation mark—in modern usage indicating date and point of origin of mailing—is applied to the stamp and its left and right sides to prevent its reuse. The item is then delivered to its addressee. Always featuring the name of the issuing nation (with the exception of the United Kingdom), a denomination of its value, and often an illustration of persons, events, institutions, or natural realities that symbolize the nation's traditions and values, every stamp is printed on a piece of usually rectangular, but sometimes triangul ...
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Currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term " ...
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Bank Notes
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This practice of "backing" notes with something of substance is t ...
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American Bank Note Company
ABCorp is an American corporation providing contract manufacturing and related services to the authentication, payment and secure access business sectors. Its history dates back to 1795 as a secure engraver and printer, and assisting the newly formed First Bank of the United States to design and produce more counterfeit resistant currency. The company has facilities in the United States, Canada, Australia, and New Zealand. The American Bank Note Company is a wholly owned subsidiary of ABCorp. Origins Robert Scot, the first official engraver of the young United States Mint, U.S. Mint, began the company that would eventually grow into a high security engraving and printing firm, the American Bank Note Company. Founded in 1795 as Murray, Draper, Fairman & Company after Scot's three partners, the company prospered as United States population expanded and financial institutions proliferated. Its products included stock certificate, stock and bond (finance), bond certificates, pape ...
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American Bank Note Company Office Building
The American Bank Note Company Building is a five-story building at 70 Broad Street in the Financial District of Manhattan in New York City. The building was designed by architects Kirby, Petit & Green in the neo-classical style, and contains almost of space, with offices and residences on the upper floors. The exterior consists of a main facade on Broad Street with two columns, as well as side facades with pilasters on Beaver and Marketfield Streets. The building was erected in 1908 as the home of the American Bank Note Company, a leading engraving company that produced banknotes, currency, stamps, and stock certificates. The company had previously occupied several other sites in Lower Manhattan, and had a printing plant in the Bronx. After the company sold the American Bank Note Company Building in 1988, it was sold to numerous owners, and renovated into offices and residences. The American Bank Note Company Building is a New York City designated landmark and list ...
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New York City Landmark
The New York City Landmarks Preservation Commission (LPC) is the New York City agency charged with administering the city's Landmarks Preservation Law. The LPC is responsible for protecting New York City's architecturally, historically, and culturally significant buildings and sites by granting them landmark or historic district status, and regulating them after designation. It is the largest municipal preservation agency in the nation. , the LPC has designated more than 37,000 landmark properties in all five boroughs. Most of these are concentrated in historic districts, although there are over a thousand individual landmarks, as well as numerous interior and scenic landmarks. Mayor Robert F. Wagner Jr. first organized a preservation committee in 1961, and the following year, created the LPC. The LPC's power was greatly strengthened after the Landmarks Law was passed in April 1965, one and a half years after the destruction of Pennsylvania Station. The LPC has been involved ...
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Childs Restaurants
Childs Restaurants was one of the first national dining chains in the United States and Canada, having peaked in the 1920s and 1930s with about 125 locations in dozens of markets, serving over 50,000,000 meals a year, with over $37 million in assets at the time. Childs was a pioneer in a number of areas, including design, service, sanitation, and labor relations. It was a contemporary of food service companies such as Horn & Hardart, and a predecessor of companies such as McDonald's. History The first Childs Restaurant was launched in 1889 by brothers Samuel S. Childs and William Childs, on the ground level of the Merchants Hotel (current site of One Liberty Plaza, also previously the Singer Building), at 41 Cortlandt Street (between Broadway and Church Street), in New York City's Financial District.Austin, Kenneth L."Childs Company Ups and Downs" ''The New York Times'', August 29, 1943 The brothers' concept for the establishment was to provide economical meals to the wo ...
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26 Broadway
26 Broadway, also known as the Standard Oil Building or Socony–Vacuum Building, is an office building adjacent to Bowling Green in the Financial District of Lower Manhattan in New York City. The 31-story, structure was designed in the Renaissance Revival style by Thomas Hastings of Carrère and Hastings, in conjunction with Shreve, Lamb & Blake. It was built as the headquarters of Standard Oil, once one of the largest oil companies in the United States. 26 Broadway is on a pentagonal site bounded by Broadway to the northwest, Bowling Green to the west, Beaver Street to the south, New Street to the east/southeast, and the axis of Morris Street to the north. The first sixteen stories occupy much of the lot, with several setbacks, a curved facade along Broadway, and two light courts. Above it is a twelve-story tower topped by a stepped pyramid. The ground story has a lobby leading to three banks of elevators. The Standard Oil executive offices on the top stories included a ...
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