-ory1

1.
an adjective-forming suffix, joined to bases of Latin origin in imitation of borrowed Latin words containing the suffix -tory1, (and its alternant -sory): excretory; sensory; statutory .
Origin
Middle English -orie < Anglo-French; Old French -oire < Latin -ōrius, extracted from -tōrius -tory1; see -or2

-ory2

1.
a suffix forming nouns denoting places or receptacles, joined to bases of Latin origin in imitation of borrowed Latin words containing the suffix -tory2, (or its alternant -sory): crematory .
Origin
Middle English -orie < Anglo-French; Old French -oire < Latin -ōrium, extracted from -tōrium -tory2; see -ory1, -or2
British Dictionary definitions for -ory

-ory1

suffix
1.
indicating a place for: observatory
2.
something having a specified use: directory
Word Origin
via Old French -orie, from Latin -ōrium, -ōria

-ory2

suffix
1.
of or relating to; characterized by; having the effect of: contributory, promissory
Word Origin
via Old French -orie, from Latin -ōrius
Word Origin and History for -ory

adjective and noun suffix, "having to do with, characterized by, tending to, place for," from Middle English -orie, from Old North French -ory, -orie (Old French -oir, -oire), from Latin -orius, -oria, -orium.

Latin adjectives in -orius, according to "An Etymological Dictionary of the French Language," tended to "indicate a quality proper to the action accomplished by the agent; as oratorius from orator; laudatorius from laudator. The neuter of these adjectives was early employed as a substantive, and usually denoted the place of residence of the agent or the instrument that he uses; as praetorium from praetor; dormitorium from dormitor; auditorium, dolatorium.

"These newer words, already frequent under the Empire, became exceedingly numerous at a later time, especially in ecclesiastical and scholastic Latin; as purgatorium, refectorium, laboratorium, observatorium, &c." [transl. G.W. Kitchin, Oxford, 1878]