Over the years, Prescott, and Montezuma Street in particular, have experienced fires which destroyed buildings and created hardship for territorial Prescottonians. Perhaps the earliest of these was reported in the May 4, 1867 Arizona Miner.

At about 3:00 AM on May 2, a fire was discovered at the Pine Tree Saloon which sat on the south end of Whiskey Row where the present day Galloping Goose is. The fire spread north quickly, destroying or damaging a number of other businesses, including a bakery, a theater, and a mercantile.

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