For all intents and purposes, Constantinople is now the collection of towns and villages situated on both sides of the Golden Horn and along the shores of the Bosporus, including Scutari and Kadikeui. But the principal parts of this great agglomeration are Stamboul (from Gr. [Greek: eis ten polin], "into the city"), the name specially applied to the portion of the city upon the promontory, Galata and Pera. Galata has a long history, which becomes of general interest after 1265, when it was assigned to the Genoese merchants in the city by Michael Palaeologus, in return for the friendly services of Genoa in the overthrow of the Latin empire of Constantinople. In the course of time, notwithstanding stipulations to the contrary, the town was strongly fortified and proved a troublesome neighbour During the siege of 1453 the inhabitants maintained on the whole a neutral attitude, but on the fall of the capital they surrendered to the Turkish conqueror, who granted them liberal terms. The walls have for the most part been removed. The noble tower, however, which formed the citadel of the colony, still remains, and is a striking feature in the scenery of Constantinople. There are also churches and houses dating from Genoese days. Galata is the chief business centre of the city, the seat of banks, post-offices, steamship offices, &c. Pera is the principal residential quarter of the European communities settled in Constantinople, where the foreign embassies congregate, and the fashionable shops and hotels are found.