Originally constructed as the Magnolia Saloon in the 1860's, this building on the town square was partially damaged by a fire that destroyed the community's businesses in August 1899. It was rebuilt in 1900 and continued serving at the heart of the community until the 1930's. Henrietta Penrod later purchased the decaying structure intending to restore the saloon, and through her efforts and those of other civic-mined residents the building was renovated. Penrod sold the Magnolia to the City of Placerville for $1 and a promise to establish it as a museum. The museum now contains artifacts, pictures and records recalling life in one of Southern Idaho's most important communities, and in September 1894 (sic), it was selected as a Contributory Property and placed on the National Register of Historic Places.