William Benjamin Munson, Sr.
1846 - 1930 In the
business life of Denison, the name of William B. Munson is well known in
connection with his real estate operations and has become a synonym for
enterprise, capable management and straightforward dealing.
He was born January 16, 1845, in Fulton County, Illinois, and his early education was secured in the public schools of his native county. He is descended from Scotch ancestry, the line being traced back to Captain Richard Manson, who was a sea captain, belonging to a titled Scotch family. He became a resident of Portsmouth, New Hampshire, about 1661, and from him the line of descent is traced down through John Manson Sr., John Manson Jr., Richard Manson, Theodore Munson, Joseph Munson, and Theodore Munson Jr., to William B. Munson of this review. It was the great-grandfather of our subject who changed the spelling of the name to its present form. The grandparents were Theodore and Lydia (Philbrook) Munson, and the parents William and Maria (Linley) Munson, the latter a daughter of Joseph and Sarilla (Benjamin) Linley. When twenty years of age, William B. Munson received his time from his father. He had previously mastered the branches of learning taught in the public schools, and after being given his time, he followed farming and other occupations in order to pay his way through college. He was one of the first students in the Agricultural & Mechanical College, then a part of the University of Kentucky at Lexington, and was graduated with the first class in that institution in 1869. By doing various kinds of work he was enabled to meet the expenses of his college course. He taught to some extent in the primary classes. He had for one year previously attended Abingdon College in Abingdon, Illinois, and in early life he learned the profession of civil engineering and was connected with the railroad construction in the surveying department in addition to teaching school. Every step that he has made in his business career has been a forward one. He has sought for proper opportunities, has availed himself of the advantages that come to all, and through the best utilization of time and talents he has made steady advancement until his position today in business circles in Denison is a most commendable and creditable one. He came from Illinois to Texas in the fall of 1871 and at Sherman, entering upon the study of law, he was soon afterward in 1872 admitted to the bar and began practice, but early turned his attention to the real estate business, becoming identified with the sale of property in the early days of Denison. He has been instrumental in securing for the city its various enterprises and has negotiated very important realty transfers that have been a factor in the city's growth. In 1874 he returned to Sherman and formed a partnership with Jot Gunter, and during the ten years of their business connection conducted an extensive land business and dealt in lands to a greater extent than any other two men. They handled millions of acres, buying and selling, and they gradually became interested in the cattle business as well and were owners of large herds, Mr. Munson having a ranch at the upper end of the Red River comprising two hundred and fifty thousand acres. This was a splendid property, which he sold in 1885 for seven hundred thousand dollars. It was an ideal property for ranch purposes and the raising of cattle, having a canyon which gave excellent protection to the large herds in winter. Mr. Munson has also been closely identified with many of the industries, enterprises, and institutions of Denison that have promoted its material, commercial, and financial growth. He was the purchaser of Mr. Scullin's interest in the First National Bank of Denison and at one time was the sole owner, but distributed his stock among his relatives and friends, however retaining possession of the controlling interest for two years, when he sold out to the National Bank of Denison, which institution succeeded the First National Bank and, in the former, Mr. Munson is still a director. He is likewise the vice president of the Denison, Bonham and New Orleans Railroad Company and is largely interested in and president of the Denison Cotton Mills Company, successor' to the now defunct American Cotton Spinning Company, and which mills are now in successful operation. He is president of the Denison Light & Power Company and one of its largest stockholders; vice president of the Southern Trust Company; and a director in the Denison Bank and Trust Company; and he organized the Red River Steel Bridge Company, which built the bridge across the Red river. He has been instrumental in opening up coal mines and organized the Southwest Coal and Improvement Company, which is now the Southwest Development Company, dealing largely in real estate. Mr. Munson is indeed one of the influential citizens of Grayson County and belongs to that class of representative men who, while promoting individual success, also contribute in large and substantial measure to the general welfare. Mr. Munson was married in September, 1876, to Miss Mary Ella Newton, a native of Alabama and a daughter of Jesse M. and Frances Lavinia (Allen) Newton. Her father, who was born in Alabama in 1824, was for many years a merchant and in the fall of 1869 came to Texas, settling at Sherman, where he followed farming. His death occurred in the year 1902. His widow was born in South Carolina in 1831 and they were the parents of four children, of whom three are living: Mrs. Munson, Charles J. and Jesse. Unto our subject and his wife have been born six children, five of whom yet survive: Linley Allen, born in Sherman, Texas, who married S. J. Tonkin, of Parsons, Kansas; Maud, who was born in Sherman, Texas; Theda, whose birth likewise occurred in that city; and William B. and Eloise, who were born in Denison. The third member of the family, Vida, died when two years old.
This Neo-Classic Revival
style home was built in 1912. W. B. Munson was vice president of Munson Realty
Company and an owner of the Denison Cotton Mill. Later Miss Eloise Munson lived
there for many years. After her death, it was the home of Charles Shepherd and
Jerrye Jane Treadway Sherrard, before John Munson's purchase returned it to the
Munson family. It is interesting to see this structure without the huge magnolia
trees that surround it today.
Mr. Munson is a Democrat in his political views but would never accept political honors or office. He is one of the active members of the Benevolent and Protective Order of Elks, and has a very wide and favorable acquaintance. A very busy man, with extensive and important personal interests, he is yet ever ready to pause in the midst of his business duties to assist in the welfare of his city or to aid those who are in need. He is wholly worthy of the respect which is everywhere tendered him, for his name is synonymous with honorable dealing and with all that is elevating and beneficial to the city and the individual. Source: B. B. Paddock, History and Biographical Record of North and West Texas (Chicago: Lewis Publishing Co., 1906), page 613. See at http://archive.org/stream/twentiethcenturyv1padd/twentiethcenturyv1padd_djvu.txt [Source: Davis, Ellis Arthur, and Edwin H. Grobe, eds. The Encyclopedia of Texas (Dallas TX: Texas Development Bureau [1921–1922]). Digital images, (http://texashistory.unt.edu/ark:/67531/metapth21069/ : accessed September 03, 2013), University of North Texas Libraries, The Portal to Texas History, http://texashistory.unt.edu; crediting UNT Libraries, Denton, Texas.]
W. B. Munson Dies Thursday
DENISON - W.B. Munson, 84, capitalist and one of the founders
of the city of Denison, died at 5:15 o'clock Thursday afternoon at his home
here, surrounded by members of his immediate family. Death was not unexpected as
Mr. Munson had been critically ill for some days.
BORN ON FARM
HELPED LOCATE CITY
MARRIED SHERMAN GIRL
UTILITIES PROMOTER
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