F. M. Smith (1846-1931) bought Cedar Island in 1899 from the Nicoll family as part of many purchases to expand his Shelter Island summer estate known as "Presdeleau." Smith's Pacific Coast Borax Company marketed as "20 Mule Team Borax" was the industry leader for decades. Frank, or "Borax" Smith built the simple log shelter on Taylor's Island as a rustic retreat for picnicking and entertainment. He often hosted outings and clambakes on the Island.

In 1921 the title to Cedar (Taylor's) Island was transferred to various development companies until its purchase by Mr. Taylor. The cabin still had the original authentic log wall construction, unfinished cedar poles as porch posts, and an over scaled stone chimney and hearth. (Photos courtesy of Dorothy Smith Bayley Kane).