In 1892, a few ambitious and industrious business leaders felt they needed to update and modernize their facilities. Speculator was a "booming Mecca" for tourists. With the support of the voters in 1925, the village of Speculator was "incorporated" with a mayor and two trustees, which later changed to four trustees. The village of Speculator purchased a small water system of Dexter Slack and expanded it. The village had a generating plant and waterwheel installed at Christine Falls, and by 1926 they had electricity.
In 1892, a few ambitious and industrious business leaders felt they needed to update and modernize their facilities. Speculator was ,a "booming Mecca" for tourists. With the support of the voters in 1925, the village of Speculator was "incorporated" with a mayor and two trustees, which later changed to four trustees. The villa.ge of Speculator purchased a small water system of Dexter Slack and expanded it. The village had a generating plant and waterw.heel installed at Christine Falls, and by 1926 .they. had electricity.