I searched on here to see if anyone had the full and correct story that a Prescott resident told me about 30 years ago. I had forgotten the exact details. But I remember her telling me that when the town was in the early stages of development in the late 1800's (Gold Rush Days), there was a Politician in Washington named Prescott and they hated him and didn't want to be associated with him, so they started pronouncing it with an "it" at the end, Pres-skit to differentiate from him. My friend was very knowledgeable of the history of the town.