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Old City Hall (Philadelphia)

1791 establishments in Pennsylvania18th-century architecture in the United StatesBuildings and structures in Independence National Historical ParkCity and town halls in PennsylvaniaCity and town halls on the National Register of Historic Places in Pennsylvania
Federal architecture in PennsylvaniaFormer seats of local governmentGovernment buildings completed in 1791Historic American Buildings Survey in PhiladelphiaHistoric district contributing properties in PennsylvaniaHistory museums in PennsylvaniaHistory of the Supreme Court of the United StatesMuseums in PhiladelphiaNRHP infobox with nocat
Independence Hall 4
Independence Hall 4

Old City Hall, located at Chestnut and 5th Streets in the Independence Hall complex of Independence National Historical Park in Center City Philadelphia, was built in 1790–91 in the Federal style. The architect was David Evans, Jr.Originally intended as Philadelphia's City Hall, it housed the U.S. Supreme Court from the completion of its construction in 1791 until 1800, when the national capital was moved to Washington, D.C. Three chief justices, John Jay (Jay Court), John Rutledge (Rutledge Court), and Oliver Ellsworth (Ellsworth Court), officiated the Supreme Court from this location. After the national capital moved to Washington, D.C., the building continued to serve as Philadelphia's City Hall until 1854. It is a contributing property to Independence National Historical Park and is owned by the City of Philadelphia, which leases the building to the National Park Service.

Excerpt from the Wikipedia article Old City Hall (Philadelphia) (License: CC BY-SA 3.0, Authors, Images).

Old City Hall (Philadelphia)
South 4th Street, Philadelphia Center City

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Geographical coordinates (GPS)

Latitude Longitude
N 39.947777777778 ° E -75.148055555556 °
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Address

57 To Whitman Plaza

South 4th Street
19147 Philadelphia, Center City
Pennsylvania, United States
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Independence Hall 4
Independence Hall 4
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Independence National Historical Park
Independence National Historical Park

Independence National Historical Park is a federally protected historic district in Philadelphia, Pennsylvania that preserves several sites associated with the American Revolution and the nation's founding history. Administered by the National Park Service, the 55-acre (22 ha) park comprises many of Philadelphia's most-visited historic sites within the Old City and Society Hill neighborhoods. The park has been nicknamed "America's most historic square mile" because of its abundance of historic landmarks. The centerpiece of the park is Independence Hall, a UNESCO World Heritage Site, where the Declaration of Independence and the United States Constitution were debated and adopted by America's Founding Fathers in the late 18th century. Independence Hall was the principal meetinghouse of the Second Continental Congress from 1775 to 1783 and the Constitutional Convention in the summer of 1787. Next to Independence Hall is Carpenters' Hall, the 1774 meeting site for the First Continental Congress, and Congress Hall the meeting place of the United States Congress in the 1790s. Across the street from Independence Hall is the Liberty Bell, an iconic symbol of American independence, displayed in the Liberty Bell Center. The park contains other historic buildings, such as the First Bank of the United States, the first bank chartered by the United States Congress, and the Second Bank of the United States, which had its charter renewal vetoed by President Andrew Jackson as part of the Bank War. The Park also contains City Tavern, a recreated colonial tavern, which was a favorite of the delegates and which John Adams felt was the finest tavern in all America.Most of the park's historic structures are located in the vicinity of the four landscaped blocks between Chestnut, Walnut, 2nd, and 6th streets. The park also contains Franklin Court, the site where Benjamin Franklin's home once stood and the present-day location of a Franklin museum and the United States Postal Service Museum. An additional three blocks directly north of Independence Hall, collectively known as Independence Mall, contain the Liberty Bell Center, National Constitution Center, Independence Visitor Center, and the former site of the President's House. The park also contains other historical artifacts, such as the Syng inkstand which was used during the signings of both the Declaration and the Constitution.

Second Bank of the United States
Second Bank of the United States

The Second Bank of the United States was the second federally authorized Hamiltonian national bank in the United States. Located in Philadelphia, Pennsylvania, the bank was chartered from February 1816 to January 1836. The bank's formal name, according to section 9 of its charter as passed by Congress, was "The President Directors and Company of the Bank of the United States". While other banks in the US were chartered by and only allowed to have branches in a single state, it was authorized to have branches in multiple states and lend money to the US government. A private corporation with public duties, the bank handled all fiscal transactions for the U.S. government, and was accountable to Congress and the U.S. Treasury. Twenty percent of its capital was owned by the federal government, the bank's single largest stockholder. Four thousand private investors held 80 percent of the bank's capital, including three thousand Europeans. The bulk of the stocks were held by a few hundred wealthy Americans. In its time, the institution was the largest monied corporation in the world.The essential function of the bank was to regulate the public credit issued by private banking institutions through the fiscal duties it performed for the U.S. Treasury, and to establish a sound and stable national currency. The federal deposits endowed the bank with its regulatory capacity.Modeled on Alexander Hamilton's First Bank of the United States, the Second Bank was chartered by President James Madison, who in 1791 had attacked the First Bank as unconstitutional, in 1816 and began operations at its main branch in Philadelphia on January 7, 1817, managing 25 branch offices nationwide by 1832.The efforts to renew the bank's charter put the institution at the center of the general election of 1832, in which the bank's president Nicholas Biddle and pro-bank National Republicans led by Henry Clay clashed with the "hard-money" Andrew Jackson administration and eastern banking interests in the Bank War. Failing to secure recharter, the Second Bank became a private corporation in 1836, and underwent liquidation in 1841.