What happened in the years between Seely’s discharge from service and when the land grants were issued? What did he do? How and where did he live? The historical record is largely blank.

We know that in some way he became interested in central Missouri. We know that he saw future business possibilities here because he came here to make his home and establish a trading post. He built a general store on the rolling plains about three miles north of the present site of Tipton, Missouri. He named his settlement Round Hill. He probably chose this location because it was an area of good soil and because it was on the stagecoach line between Jefferson City and Topeka.

His general store that was stocked with all kinds of staples, farm equipment, tools, and supplies that were needed by pioneer families. Much of the goods in his store were dispensed with the barter system. Customers would bring in furs, hides, mutton tallow, beeswax or farm produce to trade for supplies from his store.

In addition there was a blacksmith shop and, later, several homes and a schoolhouse were built.

William Tipton Seely was a bachelor and devoted all of his time to business interests. He continued to increase his holdings of land over the years. Some of the grants he purchased he received from soldiers who wished to sell their bonuses. The soldiers who did not wish to settle here would offer their grants for sale, and Mr. Seely was always anxious to buy more land.

Although he was not the official banker, the records show that he loaned money to many people. The old notes show that he loaned money for 8 to 10 percent interest. Since he had no safe place to store his money, it was rumored that he buried his money under rocks for safe keeping.

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