Spencer Platt/Getty Images News/Getty Images Spencer Platt/Getty Images News/Getty Images
By On This Day in NYC's History

LET’S MAKE A DEAL

On May 17, 1792: 22 stock brokers and merchants signed an agreement to establish rules for buying and selling bonds and shares of companies, creating the beginnings of the New York Stock Exchange. The agreement came to be known as the Buttonwood Agreement, as the buttonwood tree served as a meeting place for early Wall Street pioneers.

Spencer Platt/Getty Images News/Getty Images

Spencer Platt/Getty Images News/Getty Images

LET THERE BE LIGHT

On May 17, 1697: The city required residents to hang lanterns on their poles outside of their homes as part of New York City’s first streetlight law.

Image Courtesy of Wikimedia Commons

Image Courtesy of Wikimedia Commons

JOHN JAY PASSES

On May 17, 1829: John Jay, known as being one of the three authors of The Federalist Papers, passed awayIn 1789, Jay became Chief Justice to the Supreme Court, and was subsequently elected envoy extraordinary to Great Britain, and then governor of New York. As governor, he undertook extensive projects to improve the state’s economy.

Image courtesy of Wikimedia Commons

Image Courtesy of Wikimedia Commons

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