Olney Inn, formerly the Farquhar home Mt. Olney, opened in 1926 with three tables seating 12 persons. It grew into a renowned dining destination of dignitaries including President Franklin Roosevelt. The inn burned in 1978 despite efforts of 18 pieces of firefighting equipment and more than a hundred firefighters.

Clara May Downey opened the Olney Inn in 1926 and did much to shape the Olney of her time. Contemporaries recall the successful businesswoman as "tough but fair."