Overview
Address
509 Richards St, Vancouver BC
Neighbourhood
Downtown
type
Commercial
Description
The eight-storey Lumbermen’s Building is a reinforced-concrete commercial structure with terra cotta ornament, built in 1911-12.
The building was designed by architects J. Matheson & Son and built by Dominion Construction. Both were important firms in Vancouver’s development during that period.
The building was constructed for the North West Canada Trust Co. Ltd., one of the many trust companies that arose during the highly competitive and overheated market for mortgages and other financial services during the pre-War building boom. North West Canada Trust Co. Ltd did not survive the subsequent depression of 1913-1914, as the provincial government possessed the building in 1914.
The Vancouver-based Lumbermen’s Trust Co., which was founded in 1911 and located here around 1923, was the first in Canada to issue timber bonds, which provided working capital for sawmills.
Source
City of Vancouver Heritage Conservation Program
More information
http://www.historicplaces.ca/en/rep-reg/place-lieu.aspx?id=2048
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