Soapy Smith, a prominent figure in Skagway, Alaska, established a notorious criminal empire during the Gold Rush of the late 19th century. His activities, which thrived amid the rush of prospectors flocking to the area, included gambling, swindling, and various other illicit schemes. Smith's presence and his band of followers instilled fear in the local populace, as they sought to extort and exploit the influx of wealth brought by the gold seekers. The environment in Skagway was charged with tension, as law enforcement struggled to maintain order amidst his growing influence.

On July 8, in a dramatic turn of events, rival factions clashed in a shootout at Juneau Wharf. The confrontation erupted over disputes regarding control and influence in the area, culminating in Smith's death at the hands of law enforcement or rival criminals, varying depending on the accounts. Eyewitnesses described chaotic scenes as shots rang out, leading to the conclusion of Smith's reign over Skagway.

His death symbolized a broader shift in Skagway, leading the town to emerge from the shadow of his criminal enterprise. With Smith gone, residents soon began to restore order and aimed for community building, transitioning from a lawless frontier town to a more stable society focused on legitimate economic opportunities tied to the Gold Rush's ongoing legacy.