The building was the headquarters of Uy Chaco and Sons, a hardware firm that imported and distributed American products locally.

The six-storey structure, located at the northwestern corner of the former Plaza Cervantes, featured undulating balconies with elaborate wrought iron grilles set into its apex.

Such organic patterns, shown in the ironworks and fluid curves exhibited in the balconies were the essential characteristics of the Art Nouveau style.

The façade was broken at the sixth floor by an open circulation space accented by alternating narrow and wide, oval-shaped frames.

[7] There is an ornamental, projecting turret crowned by a ribbed, eight-sided, bell-shaped cupola surfaced by iron tiles made to appear like shingles on the corner facing Plaza Cervantes.

The oldest-looking portion of the building’s façade was the first floor, as it evoked a Neo-Renaissance character with its stylized rusticated bands and stepped arches with false keystones.

They also provide trust operations and investment management: trust placement, investment management, estate administration / trustee of bond issues escrow services, administration of savings, insurance and pension plans, stock registry and transfer agent services.