The cornerstone for the original Market Square was laid in 1846. Says an account of the day “The cornerstone was laid and after some long speeches, the Royal Anthem was played. Then all went for refreshments at the Queen’s Hotel.” Market Square suffered damage by fire in 1875, was rebuilt in 1877 and enlarged with a new wing. The Market Square building served a double purpose. The second floor was the seat of municipal government. The first floor was for the Farmers’ Market. Demolished.