Caption on photo: "Some forty years ago, Maguire's Academy of Music, on Pine street, between Montgomery and Sansome, was the famous temple of the drama in San Francisco. The building still stands on Pine street, but its character has been completely changed. It is now tenanted by thrifty stockbrokers and astute members of the legal profession. Not one in a thousand of the people who pass it by daily ever dream that it was once the fashionable theatre of San Francisco."
