The Princess Theatre was established in 1925 by George Elam. Two years later, Elam moved his theatre into a building on Prairie Street which was established in 1907. The Princess remains in that location. Leasing the building from Rowena Ramage, Elam worked to improve the building which was built in 1907. Silent movies were shown on a screen while live piano music brought the films to life. A few years later Elam bought records to play along with the movies. When sound was added to films in 1930 Elam installed a sound system in the theatre.