In 1879 the U.&N. Railroad Co. named their water stop Basalt. Henry R. Whitmill settled in Cedar Point in 1884, and Andrew O. Inglestrom filed on land in 1885. Others followed and built a canal, homes, an L.D.S. church house, a cheese factory, two stores, a saloon, a blacksmith shop, and a log schoolhouse, with L.M. Caps as teacher and Marion Kerr as post mistress at the postoffice. William Dye dug the first well. In 1888 Cedar Point's name was changed to Basalt, and due to railroad improvements the town was moved east in 1903.