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Taylor came about in 1880 after Cherry Creek and Ward folded. Businesses and buildings were moved from these locations and soon the new townsite was comprised of saloons, butcher shops, restaurants, boarding houses, stores a drugstore, a Wells fargo office, brewery, post office opera house, and school. For the rest of the decade Taylor was the hub of county mining activity. By 1886 the town started to decline due to reduced metal prices. The town was through by 1889. Businesses and buildings were moved to Ely. No ruins remain of the townsite today, only a cemetery and the Argus cyanide mill which was built in 1919 remains.

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