Resident opera companies began in Chicago in 1910 with the Chicago Grand Opera Company being formed from the remains of the Manhattan Opera Company, which had been founded by Oscar Hammerstein I, and had been squeezed out by the more financially sound Metropolitan Opera. Chicago had this first company for four seasons, then, after no season in 1914/15, it was re-formed as the Chicago Opera Association. This lasted through 1921/22, when it became the Chicago Civic Opera from 1922 until 1932. After no season in 1932/33, the company was re-formed and again named the Chicago Grand Opera Company from 1933 to 1935. From 1936 to 1939, the company was called Chicago City Opera Company, and finally from 1940 to 1946 opera was presented by the Chicago Opera Company. There were no seasons from 1947 until 1953, so opera was presented by other companies on tour. Lyric Opera was formed in 1954 and has continued uninterrupted except for 1967.