The history of Perkiomenville's founding is clouded in controversy. Some historical documents show that the first landowner was a farmer named James Ferguson Seeds in 1727. He tended the land that was still inhabited by the Perkiomen Indians. Unlike other settlers of the time, Seeds had a peaceful relationship with the natives. His grandson, Jacob Seeds, married a native Perkiomen Indian and they further settled the valley of Eichele. Upon James Seeds's death in 1755, he had named his area Perkiomenville.
The other legend of the founding of the town dates back further to 1688 when a young blacksmith named William Henry Emerick Sr fell upon the land after he lost a duel with a rival blacksmith. He camped out in the forest and met the Perkiomen tribe. The Indians believed he was a god due to his skill with blacksmithing. They let him take all the land and moved to the interior deeply wooded areas. This legend has lost credence with historians in the last few decades.