The date was December 5, 1910 when the blaze destroyed many businesses in downtown. The Great Fire began in the W.A. Holloway livery barn at 8 p.m. on a Monday. According to early published reports, the fire spread soon to the Midland Grocery and Dry Goods Store. The list of downtown businesses that would be lost was long: Martin-Kapp Jewelry Company, the Klapproth Building, Maggie McCormick's Millinery, Bigham & Lee, Midland Metal and Manufacturing Company, and Heatly and Parks Saddlery all went up in flames.
The businesses rebuilt and miraculously, according to the Centennial edition of the Midland Reporter-Telegram, "the two banks downtown kept their sentinel posts in the same spot on Iowa (Wall Street)."