Historical Marker

Edgar B. Davis, Oil Pioneer-Philanthropist

Luling, Caldwell County · Texas
Erected 1969

With only a high school education, Davis made his first million in shoes about 1905 and another fortune in rubber, becoming the largest individual stockholder in the United States Rubber Company. He came to Luling in 1919 to manage his brother Oscar's oil leases, believing God had sent him to free the county from cotton. Geologists said there was no oil. When he sold his leases to Magnolia in 1926 for $12 million, he threw a free barbecue attended by 15,000 to 35,000 people. He also kept a friend's play, The Ladder, running on Broadway for two years.

What the plaque says

Edgar B. Davis, Oil Pioneer-Philanthropist (Feb. 2, 1872 - Oct. 14, 1951) One of the great benefactors of Texas. Born in Brockton, Mass. Had business careers in shoe manufacture and rubber planting. On retirement, came here and in wildcat operation brought in Luling Oil Field, 1922. By 1926 had 215 producing wells. Gave employees $2,500,000 in bonuses, then endowed Luling Foundation, for advancement of agriculture and human opportunity in area. Result has been conservation of land, upbreeding of crops and livestock and introduction and marketing of superior products. Davis remained in this area and is buried near Luling. (1969)

Where it stands

29.68355, -97.64703 · Directions

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