Originally accessed:
2013-02-01
Organization:
HistoryLink.org
Notes:
Essay by David Wilma and Cassandra Tate, November 30, 2000. "Stone, a Republican, was a businessman with wide-ranging investments. In 1867, he joined S. B. Hinds and Charles H. Burnett in the firm of Hinds, Stone & Company, specializing in real estate development. The firm, operating from an office in what is now Pioneer Square, constructed one of the first brick buildings in Seattle, a two-story structure fitted with iron shutters for doors and windows. The company also built a large wharf on Elliott Bay, with several buildings for merchants and wholesalers. To ease delivery of goods unloaded at the wharf, the company established the first delivery service in the city. The firm became known as Stone & Burnett after Hinds left the partnership in 1870. One year later, the company’s wharf collapsed, destroying a warehouse with about $15,000 worth of merchandise. A large crowd helped salvage most of the merchandise, and the wharf was rebuilt. Meanwhile, the company prospered through a number of other business ventures, including selling wagons and carriages to citizens in the rapidly growing community."