The station's sign as seen from the Metro platform
The station opened on 5 May 1931 with the extension of the line from Richelieu - Drouot to Porte de Charenton. Rue Faidherbe is named after General Louis Faidherbe (1818–1889), who was Governor of Senegal between 1854 and 1861 and between 1863 and 1865. Rue Chaligny is named after the Chalignys who were a famous family of metal-founders from Lorraine.
The royal wallpaper factory, the Folie Titon, run by Jean-Baptiste Réveillon, was located here until its demolition in 1880. It helped the Montgolfier brothers build hot-air balloons, which were first tested here with humans on 19 October 1783, although the balloon was tethered to the ground. The Reveillon riot occurred at the Folie Titon on 28 April 1789, which was a harbinger of the French Revolution.