In the 1830's, Marshall was founded by a group of wealthy land speculators from New York who intended it to be the capitol of Michigan. They were so confident of success that they built a house for the governor to live in. Marshall went bust when Lansing was picked instead, and most of the land speculators went back to New York. In the 1850's and 1860’s, Marshall was a major railroad center, but again went bust when the railroads moved their maintenance facilities and switching yards out of town, and again most of the wealthy residents moved on. In the 1890's, Marshall had become the patent medicine capitol of the United States, but went bust when congress passed the Pure Food and Drug Act in 1906, and, you guessed it, most of the wealthy ones moved on. The Brooks Rupture Appliance (truss) Company survived until 2000, when it finally went out of business. During each of these boom cycles, the residents of the town who became wealthy because of that particular boom built even bigger and fancier homes than any that already existed in town. Most of these old homes are still standing.
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A large portion of the north side of town has been included in a National Historic Landmark District, which is the country's largest historic district in the "small urban" category and includes over 850 homes and businesses. One of the major events each year since the mid-1960’s is the Historic Home Tour, held in September on the weekend after Labor Day weekend. Visitors have the opportunity to take a tour of 15 homes, businesses, and museums on this weekend. The homes and businesses included on the tour change from year to year.
There are several museums in the town: American Museum of Magic, U.S. Postal Museum, the Governor’s Mansion, the GAR Civil War Hall, Capitol Hill School, Wolverine Fire Company Museum and the Honolulu House Museum. Only the Honolulu House has regular hours.
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Downtown Marshall is thriving, and has several stores selling antiques as well as several gift shops. One downtown oddity is that the parking meters, that are found only on the main street, accept pennies. Metered parking is 12 minutes for each penny or an hour for each nickle – there are also many free parking lots less than a block off Michigan Avenue.
An auto is a necessity to even get to Marshall - the only public transportation in town is the local city-operated Dial-a-Ride. The buses don't even stop in Marshall anymore. Once there, you can park your car and easily walk most places. From the Chamber of Commerce at the east end of downtown it is seven blocks to City Hall at the west end of downtown.