In June of 1882, when the Iron River Mine had shown sufficient promise of producing
large quantities of ore, R.L. Selden and his son, William H. Selden, along with
partners Dr. Louis D. Cyr of Negaunee and Louis Stegmiller, an Escanaba jeweler,
decided to plat a village of land east of Iron River Mine, at the top of a hill
overlooking the Iron River valley. John V. Suydam was engaged to make the surveys,
assisted by Lafayette McQuown. The new village was named Stambaugh in honor of
John Stambaugh, president of the Tod, Stambaugh Company of Youngstown Ohio, which
had recently acquired rights to the Iron River Mine. A township taking the name
of the new village was set aside from Iron River Township in 1886.