By 1899, the stream of gold-seekers had diminished and Skagway's economy began to collapse. By 1900, when the railroad was completed, the gold rush was nearly over. In 1900, Skagway was incorporated as the first city in the Alaska Territory. Much of the history of Skagway was saved by early residents such as Martin Itjen, who ran a tour bus around the historical town. He was responsible for saving and maintaining the gold- rush cemetery from complete loss. He purchased Soapy Smith's saloon (Jeff Smith's Parlor) from going the way of the wrecking ball, and placed many early artifacts of the city's early history inside and opened Skagway's first museum.