Situated on the Pasquotank River in northeastern North Carolina, Elizabeth City is known as the "Gateway to the Albemarle." Since its founding in 1793, this small yet industrious river port has relied firmly upon the water as a source of prosperity as well as gratification. During the modern era, the rise of both prominent maritime-based enterprises and notable leisurely pursuits took hold and flourished. From its harbor, Jennette Brothers Wholesalers, Texas Oil, Norfolk & Southern Railroad, and the Globe Fish Company plied the rivers and sounds, bringing their goods and services. By its shores, the Elizabeth City Shipyard constructed and launched dozens of rescue and combat vessels in support of national defense. At the foot of Water Street, the James Adams Floating Theater regularly entertained audiences, and sailing enthusiasts flocked from across the country to compete in and watch the Moth Boat Regattas. Today, along Mariners' Wharf, the Rose Buddies welcome arriving boaters, and near the riverfront, the Museum of the Albemarle continues to promote and interpret the region's history and culture.