Located at the corner of St. Pierre and St. Paul streets and first known as the "City Tavern," kept by
Robert Tesseyman, this 19th-century hotel in
Montreal, Quebec
Montreal ( ; officially Montréal, ) is the second-most populous city in Canada and most populous city in the Canadian province of Quebec. Founded in 1642 as '' Ville-Marie'', or "City of Mary", it is named after Mount Royal, the triple-pea ...
, Canada, was a popular meeting place of the
Beaver Club
The Beaver Club was a gentleman's dining club founded in 1785 by the predominantly English-speaking men who had gained control of the fur trade of Montreal. According to the club's rules, the object of their meeting was "to bring together, at sta ...
before later becoming the Exchange Coffee House. In 1805,
Samuel Gerrard
Samuel Gerrard (1767 – March 24, 1857) was a Canadian fur trader, businessman, militia officer, justice of the peace, politician, and seigneur. He was the second president of the Bank of Montreal. From 1838 to 1841, he was a member of the Sp ...
proposed building
Nelson's Column, Montreal
Nelson's Column (french: colonne Nelson) is a Monuments and memorials in Montreal, monument, designed by Scottish people, Scottish architect Robert Mitchell (architect), Robert Mitchell and erected in 1809 in Place Jacques-Cartier, Montreal, Quebec ...
here. The hotel was a common place of rest for transient travellers and
Upper Canada
The Province of Upper Canada (french: link=no, province du Haut-Canada) was a part of British Canada established in 1791 by the Kingdom of Great Britain, to govern the central third of the lands in British North America, formerly part of the ...
merchants. It became the location of the first stock transactions in Montreal.
Time Line
* 1832 - The hotel becomes the location of the first stock transactions to take place in Montreal, and perhaps Canada.
* 1874 - The
Montreal Stock Exchange
The Montreal Exchange (MX; french: Bourse de Montréal), formerly the Montreal Stock Exchange (MSE), is a derivatives exchange, located in Montreal, Quebec, Canada that trades futures contracts and option (finance), options on equities, indices, c ...
becomes Chartered after more than 40 years of informal trading, mostly in railroad and bank securities.
* 1883 - The Exchange moves to the Commodities Exchange building on St. Sacrament Street. Trading hours are from 10:45 a.m. to 3:00 p.m.
* 1904 - The Exchange moves into its own building, at 453 St. François-Xavier Street in
Old Montreal
Old Montreal (French: ''Vieux-Montréal'') is a historic neighbourhood within the municipality of Montreal in the province of Quebec, Canada. Home to the Old Port of Montreal, the neighbourhood is bordered on the west by McGill Street, on th ...
. Today home to the
Centaur Theatre
The Centaur Theatre Company is a theatre company based in Montreal, Quebec. It was co-founded in 1969 by Maurice Podbrey along with The Centaur Foundation for the Performing Arts. It currently has Eda Holmes as the Artistic and Executive Director, ...
, this building was designed by architect
George B. Post
George Browne Post (December 15, 1837 – November 28, 1913) was an American architect trained in the Beaux-Arts tradition. He was recognized as a master of modern American architecture as well as being instrumental in the birth of the skyscra ...
who also designed the
New York Stock Exchange Building
The New York Stock Exchange Building (also the NYSE Building), in the Financial District of Lower Manhattan in New York City, serves as the headquarters of the New York Stock Exchange (NYSE). It is composed of two connected structures occupying ...
.
External links
Montreal in 1816Montreal Exchange (MX) Historical Highlights
References
History of Montreal
Old Montreal
Hotels in Montreal
Defunct hotels in Canada
{{Defunct hotels in Canada