Description: Architectural detail showing the old Exchange, which stood where the Council House stands today. The old Exchange dates from the early 1700's. In 1723, the Corporation ordered that a new building should be erected, in the Market Place 'with all the necessary expedition' and, on Friday, 19th. March, 1724, this matter was discussed by the Hall (Council) when, it was decided that 'a convenient number of oak trees be cut down in the 'Coppice' which the Corporation owned; later that year the building began. The 'Exchange', as the new building was named was completed in 1726 but, by 1815, it needed considerable repair and remodelling. In the year 1877, the Corporation decided to move, from the old Council House in Weekday Cross, but, their needs were not satisfied and they soon had to use temporary accommodation, for Council matters. In the year of their move, the Corporation found that further repairs and alterations were necessary, on the Exchange and, until the work had been done to remodel and reinstate the building, it was decided to remove the great amount of fine oak panelling which had covered the walls and, for a time, this was stored at Wollaton Hall. The continuing dissatisfaction, relating to Corporation Members accommodation, continued and, in September 1920, the Estates Committee were pressed to come up with a scheme for the site the Exchange stood on. The idea of a new complex was approved by the Council on 1st. December 1924 and the contract was let in May 1925. The old exchange and all the shops which ran down the sides of it were demolished c 1926.