Palácio da Bolsa
Encyclopedia
The Palácio da Bolsa (Stock Exchange Palace) is a historical building in Porto
Porto
Porto , also known as Oporto in English, is the second largest city in Portugal and one of the major urban areas in the Iberian Peninsula. Its administrative limits include a population of 237,559 inhabitants distributed within 15 civil parishes...

, Portugal
Portugal
Portugal , officially the Portuguese Republic is a country situated in southwestern Europe on the Iberian Peninsula. Portugal is the westernmost country of Europe, and is bordered by the Atlantic Ocean to the West and South and by Spain to the North and East. The Atlantic archipelagos of the...

. The palace was built in the 19th century by the city's Commercial Association (Associação Comercial) in Neoclassical style
Neoclassical architecture
Neoclassical architecture was an architectural style produced by the neoclassical movement that began in the mid-18th century, manifested both in its details as a reaction against the Rococo style of naturalistic ornament, and in its architectural formulas as an outgrowth of some classicizing...

. It is located in the Infante D. Henrique Square in the historical centre of Porto, designated World Heritage Site
World Heritage Site
A UNESCO World Heritage Site is a place that is listed by the UNESCO as of special cultural or physical significance...

 by UNESCO
UNESCO
The United Nations Educational, Scientific and Cultural Organization is a specialized agency of the United Nations...

.

History

The Palácio da Bolsa is located beside the St Francis Church of Porto
Igreja de São Francisco (Porto)
The Igreja de São Francisco is the most prominent Gothic monument in Oporto, Portugal, being also noted for its outstanding Baroque inner decoration. It is located in the historic centre of the city, declared World Heritage Site by UNESCO.-History:The Franciscan Order was established in Oporto...

, which was once part of the St Francis Convent, founded in the 13th century. In 1832, during the Liberal Wars
Liberal Wars
The Liberal Wars, also known as the Portuguese Civil War, the War of the Two Brothers, or Miguelite War, was a war between progressive constitutionalists and authoritarian absolutists in Portugal over royal succession that lasted from 1828 to 1834...

, a fire destroyed the cloister
Cloister
A cloister is a rectangular open space surrounded by covered walks or open galleries, with open arcades on the inner side, running along the walls of buildings and forming a quadrangle or garth...

s of the convent, sparing the church. In 1841, Queen Mary II donated the convent ruins to the merchants of the city, who decided to use the spot to build the seat of the Commercial Association.

Building work began in 1842 following the plans of Porto architect Joaquim da Costa Lima Júnior, who designed a Neoclassical
Neoclassical architecture
Neoclassical architecture was an architectural style produced by the neoclassical movement that began in the mid-18th century, manifested both in its details as a reaction against the Rococo style of naturalistic ornament, and in its architectural formulas as an outgrowth of some classicizing...

 palace of Palladian influence, inspired by previous structures built in the city. Most of the palace was finished by 1850, but the decoration of the interior was only completed in 1910 and involved several different artists.

Art and architecture

The first architect of the Palácio was Joaquim da Costa Lima Júnior, who was in charge of the project from 1840 until 1860. He was responsible for the general design of the building, inspired by the Neopalladian architecture that was in fashion in Porto since the late 18th century, expressed in buildings like the Hospital of St Anthony (by English architect John Carr), the English Factory (by another Englishman, John Whitehead) and several projects by Portuguese architect Carlos Amarante
Carlos Amarante
Carlos Luís Ferreira da Cruz Amarante was an important Portuguese engineer and architect.Amarante's father was musician in the court of the Bishop of Braga. He began pursuing an ecclesiastical career, but left the seminary when he was 23 years old to marry Luísa Clara Xavier...

.
The general structure of the Palácio was completed by 1850, but several architectural details were later entrusted to architects Gustavo Adolfo Gonçalves e Sousa (author of the stairway and the Arab Room), Tomás Augusto Soler (metallic dome of the courtyard) and Joel da Silva Pereira (Tribunal Room), among others.

The interior of the Palace, only finished in 1910, was magnificently decorated by several artists. The central courtyard (Nations' Courtyard - Pátio das Naçoes) is covered by a large metallic, octagonal dome
Dome
A dome is a structural element of architecture that resembles the hollow upper half of a sphere. Dome structures made of various materials have a long architectural lineage extending into prehistory....

 with glass panels, designed by Tomás Soler and built after 1880. The lower part of the dome is decorated with the painted coats-of-arms of Portugal and the countries with which Portugal had commercial relations in the 19th century. To the back of the courtyard, a sumptuous stairway, built in 1868 by Gonçalves e Sousa, leads to the upper storeys and is adorned with busts by celebrated sculptors António Soares dos Reis
António Soares dos Reis
António Soares dos Reis was a Portuguese sculptor.-Studies:He first studied at the Portuense Academy of Fine Arts, where he graduated in sculpture in 1867. He studied at the Fine Arts Imperial School of Paris, from 1867 to 1870, where he achieved several prizes, and in Rome...

 and António Teixeira Lopes
António Teixeira Lopes
António Teixeira Lopes was a Portuguese sculptor.Teixeira Lopes was the son of sculptor José Joaquim Teixeira Lopes and started learning his art in his father's workshop...

. The ceiling frescoes were painted by António Ramalho.

Several rooms of the Palace - Tribunal Room, Assembly Room, Golden Room - display furniture by José Marques da Silva, allegoric paintings by José Maria Veloso Salgado and João Marques de Oliveira
João Marques de Oliveira
João Marques de Oliveira was a Portuguese naturalist painter.He studied in the Academy of Fine Arts in Porto and in 1873 travelled to France with is colleague António Silva Porto, where they studied with academical painters Adolphe Yvon and Alexandre Cabanel. They became familiar with the French...

, sculptures by Teixeira Lopes and many other works of art. The highlight of the Palace is, however, the Arab Room, built between 1862 and 1880 by Gonçalves e Sousa. The room is decorated in the exotic Moorish Revival
Moorish Revival
Moorish Revival or Neo-Moorish is one of the exotic revival architectural styles that were adopted by architects of Europe and the Americas in the wake of the Romanticist fascination with all things oriental...

style, fashionable in the 19th century, and is used as reception hall for personalities and heads of state visiting Porto.

External links

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