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5.6. SR 06-07-2004
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5.6. SR 06-07-2004
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1/21/2008 8:33:43 AM
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<br />1868, the village began to expand west toward Orono with Houlton's Addition in 1874, the <br />Thomas Addition in 1875 and Auditors Addition in 1882. <br />Elk River of this period is illustrated in the 1879 Perspective Map (Map 1). <br /> <br />Development and Re-deve1opment (1880s -19108) <br />Elk River's growing population led to the construction of several buildings and the <br />establishment of numerous businesses toward the end of nineteenth century and beginning <br />of the twentieth century. Elk River had a good industrial base by 1880 that included two <br />saw mills, a planing mill, a flour mill, two blacksmith shops, two tin and iron ware <br />manufacturers, a chair factory, a furniture maker, and a cooper ShOp.15 Elk River also had a <br />few General Merchant stores, a drug store, two law offices, a couple of c:u:penters, a harness <br />shop, and two hotels.16 <br />Banking in Sherburne County also got its start in Elk River. In June 1885, W L. Babcock, <br />W,H. Houlton and Henry Castle incorporated the Bank of Elk River with a capital of <br />$10,000. The Bank of Elk River re-incorporated in 1902 as a state bank and in September <br />1929 the bank became a member of the Northwest Bank Corporation.17 In 1899 Houlton <br />sold his interest in the Bank of Elk River to Babcock and Castle and organized a separate <br />private bank, simply known as Houlton's Bank. It operated as a private bank until 1907 <br />when it was converted to a national bank and has since been known as the First National <br />Bank,18 <br />Major fires were a common occurrence throughout this period of Elk River's history, <br />Fires destroyed numerous homes, leveled many mills and factories, and reshaped downtown <br />Elk. River several times, One of the earliest fires occurred in 1868 when the Mills and <br />Houlton Flour Mill was destroyed,19 The first major fire in Elk River, however, took place in <br />1887 when a fire started in the Mills and Houlton planing and went on to level the flour mill, <br />the sawmill, and several other buildings, including H. Galley's chair factory and E, Dickey's <br />hotel. 20 The mills and many of the other buildings were replaced shortly after the fire. <br />Eleven years later another major fire destroyed what had been Elk. River's downtown, <br />The fire in April 1898 destroyed a row of frame buildings that were located along the <br />northside of the railroad tracks on current Railroad Drive. The buildings were on the blocks <br />east and west of Jackson Avenue and included the J.H. Romdene jewelry store, the Heeber, <br />Davis & Co. general merchandise store, Dr, N.K. Whittemore's office, the Sherbllrne COlin!} <br /> <br />14 <br />
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