Hotel Hadley opened in spring 1908 as a two-story brick building built and occupied by its owner, Franklin Minter Hadley, and managed by Mr. and Mrs. W.C. Thaxton of Greensboro. It featured Siler City's first water works, with piped-in running water, and its thirty guest rooms were originally lighted by acetylene gas. Central steam heat was installed in October 1914. With its elaborate arched spindle gallery and turned balustrade in the Queen Anne style, it operated as a full-service hotel until Hadley's death in 1940. It was then managed as a boarding house by his son, Wade Hampton Hadley, Sr., until his death in 1955, and by Donald Paschal until the late 1960s. Next door, the Chatham Bank, Siler City's first bank, operated at 128 N. Chatham Avenue from 1902 to 1913, then moved to 101-103 N. Chatham Ave. from 1913 to 1935, and later moved across the street to the corner of E. Raleigh St. and N. Chatham Ave. into the former Hadley-Peoples Building, Siler City's first brick building, built in 1889. F.M. Hadley served as bank president from 1902 to 1917. The two-building complex was sold by Wade Hampton Hadley, Jr., Nancy Gregson Perry, Edna Gregson Taylor, and Marie Gregson Cooper to Chatham Investors, Inc. on April 18, 1969. Gee's Sewing and Sound Center occupied the historic building from 1970 to 1991, and J. and W. Sales and Service occupied it from 1995 into 2000. Hotel Hadley was entered in the National Register of Historic Places on July 5, 1985.