In a short time, Seattle became a major transportation center. Along with Seattle, other cities like Everett, Tacoma, Port Townsend, Bremerton, and Olympia, all in the Puget Sound region, became competitors for exchange, rather than mother lodes for extraction, of precious metals.The boom lasted well into the early part of the 20th century, and funded many new Seattle companies and products. Casey borrowed 0 from a friend and founded the American Messenger Company (later UPS).Seattle achieved sufficient economic success that when the Great Seattle Fire of 1889 destroyed the central business district, a far grander city-center rapidly emerged in its place.The second and most dramatic boom resulted from the Klondike Gold Rush, which ended the depression that had begun with the Panic of 1893. Portland docked with its famed "ton of gold", and Seattle became the main transport and supply point for the miners in Alaska and the Yukon. However, it was Seattle's business of clothing the miners and feeding them salmon that panned out in the long run.The Seattle area developed as a technology center beginning in the 1980s, with companies like Microsoft becoming established in the region.Internet retailer Amazon was founded in Seattle in 1994.
On January 14, 1865, the Legislature of Territorial Washington incorporated the Town of Seattle with a board of trustees managing the city.
(During this period the road now known as Yesler Way won the nickname "Skid Road", supposedly after the timber skidding down the hill to Henry Yesler's sawmill.