Historical Marker

James Thomas Holt

Honey Grove, Fannin County · Texas
Erected 1978

The Honey Grove Cotton Oil Mill that Holt backed turned a gin's waste into money. The Handbook of Texas explains that cottonseed is reduced to four products: linters, hulls, oil and meal. Out of every ton, hulls make up over a quarter of the weight, meal about 45 percent and oil about 16 percent. By 1900 cottonseed processing was the second most important industry in Texas by value, behind only lumber. A freighter who invested his profits in a mill, a bank and a water system was putting money behind a farm town's pipes and payroll.

What the plaque says

James Thomas Holt (Aug. 21, 1841 - Sept. 4, 1919) A native Virginian, James Thomas ("Tank") Holt came to Fannin County with his parents in 1849. After serving in the Confederate cavalry during the Civil War (1861-65), he started a freighting operation. He invested his profits in such ventures as ranching, the Honey Grove Cotton Oil Mill, and Planters National Bank. He built Honey Grove's first public water system and owned a store and hotel in Mineral Wells. Married to Margaret Elizabeth Self (1843-1928), he had four children. (1978)

Where it stands

33.58998, -95.90884 · Directions

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