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The Dixon Town Hall was originally constructed to house the Stockgrowers Bank of Dixon in 1916. Founded in 1911 by E. W. Reade the Stockgrowers Bank served the upper Snake River valley farmers and ranchers by providing capital critical to the growing agricultural economy. The bank continued to serve area farmers and ranchers from this location until 1923 when it went into receivership.

The receivership was precipitated by a vast overextension of the banks assets in previous years. The overextension was common among rural banks of the twenties attempting to reap profits from a post World War I agricultural boom, a boom based on inflated agricultural commodity and land prices. Since the dissolution of the bank, the building served as a soda fountain in the early 1940s, a small mercantile in the late 1940s, the meeting hall of the local Little Snake River Veterans of Foreign Wars post, and as the local town hall. As the town hall, the building continued to be one of the town's significant civic centers.