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Bank of Montreal

140 8th Avenue S.W.

Built: 1888 – 1889

Demolished: 1930

Bank of Montreal (The First)

 

Architect

Contractor

Original cost

Construction materials

 

Architectural style

Original Interior details

Historical highlights

 

 

 

Architect:

The bank’s Montreal architects, Taylor and Gordon. Supervised locally by the Calgary architectural firm of Child and Wilson.

 

Contractor:

Thomas Underwood. A.P.LeSoeur (stonework) and W.D. McDonald and Company (plumbing and heating).

 

Original cost: $50,000

 

Construction materials:

Rough – faced sandstone from Butlin’s Elbow River quarry, brick from McNaughton’s Calgary brickyard and British Columbia cedar.

 

Architectural style:

Three - storey sandstone structure with corner turret designed in the Romanesque style.

 

Original interior details:

The ground floor consisted of the main banking hall, manager’s southwest corner office, stationery room, wash room and janitor’s room. A winding tower staircase led to the manager’s residential suite on the upper two floors. His quarters included a drawing room, overlooking 8th Avenue, dining room, smoking room, kitchen, pantry and servants’ room. Bedrooms, bathrooms and drawing rooms were located on the third floor. A river stone sidewalk built around the Stephen Avenue and Scarth Street perimeters enhanced the exterior. The building was equipped with electric lights and bells, speaking tubes, and hot water heating. The interior woodwork was done entirely in British Columbia cedar. The Herald reported, " a spacious vestibule, ornamented with stained glass opens into an ample apartment devoted to the public and supplied with necessary desks and counters."

 

Historical highlights:

  • The Bank of Montreal opened its first Calgary branch October 25, 1886 in rented space in the Dunne and Lineham Block on the corner of 8th Avenue and Centre St. S.E.
  • By 1889 the young town of 2,000 showed enough promise that the bank began construction of its first permanent branch on the city’s busiest and most prestigious corner - Stephen Avenue (8th) and Scarth St. (1st) S.W. The staff was boosted from two to five; Mr. Braithwaite (manager), Mr. W.H.Hogg (accountant), Mr. L. Strachey (teller), Mr. G.L.O. Thompson (clerk), and Mr. J.S.Harley (porter and messenger).
  • The new branch opened for business on Monday December 16, 1889. The Herald emphasized the bank’s security features. "The clerks are separated from the public by a formidable array of latticed brass work, with glass doors opening into the several divisions—accountant, ledger keeper, teller, etc. The teller is the only official who is regularly "caged," being protected overhead by a strong brass covering, that rogues may not drop fish hooks or other hooking arrangements on his desk from overhead and rob him of the bank’s crisp bills, as has been done elsewhere. He has, moreover his revolver. The contest between the dexterous thief and the able inventor is even more fully illustrated by an examination of the money vault in the rear of the clerks’ department, where, within iron walls and stone and brick surroundings reposes the steel money chest, guarded by bolts and bars, cross bars, combination locks, time locks and all manner of skilful circumventions."
  • The distinctive sandstone building with the turret shared the corner with two buildings that are still standing; the Alberta Hotel (built 1888 – 1889) and the Alberta Block (built 1930). Across 1st Street was the Alexandra Block, a mirror image structure, also designed in sandstone by Child and Wilson and constructed in 1889.
  • In 1919, the need for space prompted the bank to expand into the adjacent building -to the east - which had formerly housed the offices of the Bank of British North America, amalgamated by the Bank of Montreal the previous year.
  • During the 1920s, two more city banks, the Merchant Bank of Canada and the Molson’s Bank, were incorporated into the Montreal. By 1928 Calgary’s population had grown to 75,000 and business was booming. The bank turned their attention to the construction of a larger and more modern bank building on the same site.
  • In August 1930, Bennett and White Construction Company demolished the Royal Trust building located behind the sandstone bank, next to the 1st Street S.W. alley, in preparation for construction.
  • Construction was completed in two nine - month stages to allow business to continue without interruption. First the rear of the new building was constructed and bank staff moved into the completed portion. In December 1930, the old 1889 sandstone bank was demolished and the front of the new building was then completed. Through the winter of 1930 and 1931, a large tarp hung across the opening as protection from the elements.
  • The 8th Avenue and 1st Street location was the site of the Bank of Montreal from 1889 to 1988. Following the closure of the branch, the building was sold. It re-opened in 1993 as a retail outlet for A&B Sound.

 

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© Calgary Public Library.July 21, 2005