Stela Cape Pur-Navolok is the birthplace of Arkhangelsk. This name, unusual for the Russians, comes from the Finno-Ugric Chudes tribe. In the XII century the first settlements appeared in this place on the shore of the Northern Dvina and the Mikhailo-Arkhangelsky Monastery was founded, hence the name given to the city. Today there is a park in place of the monastery and a well-arranged embankment laid along the Northern Dvina bank. A memorial sign-stela in the form of a «nose» of a boat and an angel with folded wings was installed here in 1984 to celebrate the «400-year Anniversary of Arkhangelsk».
There is a building of the Merchant Court (Gostiny Dvor) opposite the Stela on Cape Pur Navolok. It was built in the second half of the XVII century and housed the Russian and German merchant centers, protected by 10-meter stone walls with three-tiered towers. The fortress lost its military significance in the late XVIII century. The merchant courts were rebuilt for customs, court house and shops. In 1981 the Merchant Court was occupied by Arkhangelsk Museum of Local Lore. Its main exposition is devoted to the second half of the XVII century. In the museum you can see the cross of 1694, hewn by Emperor Peter the Great after rescue during a storm in the White Sea. Here you can learn about the life of the Pomors in the 16th-17th centuries, their everyday life and traditional crafts. In 2012, the Merchant Court was renovated with restoring the interiors of the 17th century merchant chambers and the 18th century great halls.