Seligman was established a few years later than the other communities stretched out along the Santa Fe line. Originally called Prescott Junction, Seligman takes its name from a pair of New York bankers. The Seligman brothers had helped bankroll and were part owners of the Aztec Land & Cattle Company (the Hashknife outfit). They were also large stockholders in the Atlantic & Pacific Railroad. In the 1890’s, the Atlantic & Pacific Railroad became the Santa Fe Railroad, and during this time, the railroad moved its roundhouse to Seligman.

Despite the new I-40 bypassing the town in the late 1970’s and in February, 1985 when the Santa Fe closed its operations there, several key Seligman businessmen have prevailed and continue to provide unique opportunities for tourists to enjoy the aura and enchantment of Route 66 in this memorable town.