Entries - Entry Category: Business and Economics

Murphy Oil Corporation

Murphy Oil Corporation developed from family timberlands in southern Arkansas and northern Louisiana that were owned by Charles H. Murphy Sr. Officially formed in 1950 by the children of Murphy, the Murphy Oil Corporation now operates oil production facilities and processing plants across the world. The company was based in El Dorado (Union County) until 2020, when it was announced that Murphy Oil was consolidating its offices in Houston, Texas, following the collapse of oil prices that year. When oil was discovered in the Caddo Field north of Shreveport, Louisiana, in 1907, Charles Murphy Sr., the owner of timber and banking interests in Union County, decided that his timber company should purchase land on a scattered non-contiguous pattern to provide …

Murphy, Charles H., Jr.

Charles Haywood Murphy Jr. became the leader of his family businesses in 1941 at the age of twenty-one after his father suffered a stroke. Under his leadership, the family ownership of timber land, oil interests, and banking in southern Arkansas eventually became the Murphy Oil Corporation, a company with international operations. Charles H. Murphy Jr. was born in El Dorado (Union County) on March 6, 1920, to Charles Haywood Murphy Sr. and Bertie Wilson Murphy. He had three sisters. In 1904, his father moved to El Dorado (Union County) to operate a bank and, by 1907, owned thirteen banks in Arkansas and the Indian Territory. Subsequently, he built a sawmill at Cargile (Union County), south of El Dorado, and then …

Nash, Bob J.

Bob J. Nash is a businessman and consultant who has assisted political, corporate, and nonprofit organizations. Most notably, he served in the administration of Governor Bill Clinton in the 1980s and then was part of the administration of President Clinton in the 1990s. Bob Nash was born on September 26, 1947, in Texarkana (Miller County). He graduated from Washington High School in Texarkana and then earned a bachelor’s degree in sociology from the University of Arkansas (UA) in Fayetteville (Washington County) in 1969. Nash went on to receive a master’s degree in urban studies from Howard University in Washington DC in 1972. For the next two years, Nash held jobs in municipal government in Washington and in Fairfax, Virginia. Returning …

Natural Gas

The earliest natural gas find is reported to have been in Scott County in 1887 during an effort to develop a commercial water well. The second recorded gas well was drilled two years later (also in Scott County) by an oil driller, Harry Kelly, to a depth of 1,600 feet. This was recognized as the first recorded effort to find oil in Arkansas, though “only gas was present.” No other efforts to find oil or gas were reported until 1901–1902, when the Mansfield Pool was developed by Choctaw Oil and Gas Company. While no oil was found, this effort did provide large amounts of gas, with some wells producing as much as 5 million cubic feet of gas per day. …

Nelson, Edward Sheffield

Edward Sheffield Nelson, a Little Rock (Pulaski County) attorney, utility executive, and political leader, served as president and chief executive officer of Arkansas Louisiana Gas Company (Arkla) from 1973 to 1984 and twice ran for governor of Arkansas. Sheffield Nelson was born on April 23, 1941, near Keevil in rural Monroe County to Robert F. Nelson and Thelma Mayberry Nelson. He, his parents, and three sisters lived an itinerant life, moving from place to place in eastern Arkansas for work. His father abandoned the family in 1957, leaving his sixteen-year old-son as the main breadwinner. Nelson worked after school in a Brinkley (Monroe County) grocery store until he graduated from high school. He married his high school sweetheart, Mary Lynn …

Northern Ohio Cooperage and Lumber Company

The Northern Ohio Cooperage and Lumber Company was a sawmill that produced lumber and barrel staves on the banks of the St. Francis River just north of the town of Parkin (Cross County). The Northern Ohio sawmill was located on the Parkin Mound Site that is now Parkin Archeological State Park. The Northern Ohio Cooperage and Lumber Company operated throughout the first half of the twentieth century, from 1902 until its closure by 1946. The only historic building associated with the sawmill that is still standing is the rehabilitated one-room Northern Ohio School. The property that became the Northern Ohio Cooperage and Lumber Company was first owned by Beaufort Neely in 1820. The original survey journal descriptions of the area …

Northwest Arkansas Council

The Northwest Arkansas Council is a private, nonprofit organization that works toward the development of the northwestern corner of the state. Its goal is to meet the needs of the community by advancing job opportunities, fostering affordable housing, and enhancing the area’s infrastructure, healthcare, and quality of life. Its influence encompasses Bentonville (Benton County), Fayetteville (Washington County), Rogers (Benton County), Siloam Springs (Benton County), Springdale (Washington and Benton counties), and smaller surrounding towns in Benton and Washington counties as well as adjacent rural areas of Madison County. The Northwest Arkansas Council was established in 1990 by business leaders including J. B. Hunt of J. B. Hunt Transport Services, Don Tyson of Tyson Foods, and Sam Walton of Walmart. The group …

Notrebe, Frederick

Frederick Notrebe was a prominent merchant, planter, and land speculator at Arkansas Post (Arkansas County). One of the wealthiest men in territorial and antebellum Arkansas, he operated a trading house, dealing mostly in furs and peltries. As one of the first cotton factors at Arkansas Post, he was instrumental in establishing cotton as a staple crop in territorial Arkansas. He is credited with founding the town of Napoleon (Desha County) at the mouth of the Arkansas River in the 1820s. He was also an early supporter of the State Bank branch at Arkansas Post, providing the lot on which it was built. Frederick Notrebe was born in 1780 (exact date not known) in France. Nothing is known about his parents …

Oark General Store

The Oark General Store is located in the Ozark Mountains off State Highway 215 about twenty-one miles north of Clarksville (Johnson County). Many believe it to be the oldest continuously operating store in Arkansas. It was added to the Arkansas Register of Historic Places on March 3, 1995. Oark is an unincorporated community surrounded by the Ozark National Forest. The area was inhabited by Native Americans for thousands of years before white settlers came into the area by the mid-1800s. These settlers were attracted to the abundant natural resources and the many fur-bearing animals. Today, people are attracted to the area’s scenic beauty, hiking trails, the nearby Mulberry River, and the well-known historic general store and café. F. M. Nelson …

Oil Industry

The oil industry in Arkansas, which includes exploration and the production, refinement, and distribution of petroleum-based products, exploded onto the state’s economic scene in the early 1920s, and once-local production expanded into an international business. From 1920 to 2003, more than 1.8 billion barrels of oil were produced in Arkansas. Ten counties in Arkansas produce oil, all in the southern region of the state: Ashley, Bradley, Calhoun, Columbia, Hempstead, Lafayette, Miller, Nevada, Ouachita, and Union. Historically, most of this production has been in Union, Lafayette, Columbia, and Ouachita counties. These four counties have been responsible for more than eighty-five percent of the oil produced in the state. Evidence of oil in the state existed well before the oil boom of …

Old Bank of Amity

The Old Bank of Amity is a two-story brick structure located on the northwest corner of the square in Amity (Clark County). Constructed between 1906 and 1907, the building was added to the National Register of Historic Places on June 5, 1991. Amity was first settled in 1847 and grew over the next several decades due to the rich reserves of timber in the area. By the early 1900s, the Gurdon and Fort Smith Railroad reached the community, opening up new shipping options for the lumber mills that operated in the area. The Bank of Amity was founded in 1905 by William Curtis Hays. The first mention of the bank building appeared in 1906 when a Gurdon craftsman visited the …

Old South Restaurant

The Old South Restaurant, located at 1330 East Main Street in Russellville (Pope County), was built in 1947 from a modular diner system and reflects the Art Moderne style of architecture. It was listed on the National Register of Historic Places on September 3, 1999. The building was destroyed by fire early in the morning of June 6, 2023. William Stell—a native of Hugo, Oklahoma—moved to Fort Smith (Sebastian County) in 1929 and founded the National Glass and Manufacturing Company, a firm that produced metalwork, fixtures, and furniture for department stores and restaurants. In the 1940s, Stell and company architect Glenn Pendergrass developed a modular diner system that the firm could mass produce. The prototype was constructed in Fort Smith …

Opal’s Steak House

Opal’s Steak House is a single-story building designed in the Art Moderne style. Constructed as a restaurant circa 1948 on Park Avenue in Hot Springs (Garland County), it has held various businesses over the decades. It was added to the National Register of Historic Places on February 11, 2004. The brick and stucco building faces Park Avenue to the south and is turned at an angle to the street. The building is fronted with a door to the left and a window that covers the center and right side of the front wall. Constructed from brick, the front of the building includes two projecting brick bands above the door and window. Both corners of the front façade are curved. Another …

Ottenheimer, Gus

Gus Ottenheimer, an industrialist, became known nationally through his successful efforts in manufacturing women’s garments. He was a land developer as well, and he spent much of the last one-third of his life promoting higher education in central Arkansas. Ottenheimer was born in Little Rock (Pulaski County) on July 18, 1897, to Daniel Ottenheimer and Hannah Berger. He was the youngest of four children. The Ottenheimers were a Jewish pioneer family, some of whom came to the state in the 1850s. Ottenheimer’s father died in 1908. The eldest son, Leonard, became the family breadwinner at age sixteen and forfeited his education to his younger brother. Ottenheimer graduated in 1918 from Washington & Lee University School of Law in Lexington, Virginia, …

Ozan Lumber Company

The Ozan Lumber Company operated a number of mills across southwestern Arkansas from the late nineteenth century to its sale to the Potlatch Corporation in 1964. Two distinct companies owned by members of the Bemis family operated under the Ozan name. James H. Bemis and Benjamin Whitaker opened a sawmill in Prescott (Nevada County) in April 1891. In July, the owners incorporated the business as the Ozan Lumber Company. The name was apparently taken from the nearby town of Ozan (Hempstead County). Whitaker remained a part of the business for only a short period before selling out and embarking on other ventures. The lumber business proved to be successful, shipping timber on the company-owned Prescott and Northwestern Railroad. The company …

Ozarka Water Company

The city of Eureka Springs (Carroll County) was founded in 1879 partly in response to stories of the curative powers of the water at Basin Spring. John S. Tibbs was the earliest shipper of spring water from Eureka Springs. He was known as “Eureka Basin Water Shipper,” and his business was across from Basin Spring. He is presumed to have sold his business to William Duncan, and it was Duncan who named it the Eureka Springs Water Company and then marketed it as “Ozarka” in 1905. Richard Ryan Thompson bought it in 1924 from a receiver and ran it until 1966, when he sold it to Arrowhead Puritas Water, Inc. In the twenty-first century, the Ozarka brand resides in Texas …

Palmer, Clyde Eber

Clyde Eber Palmer, a businessman whose instincts for profitmaking in risky industries became legendary, owned at various times nearly forty newspapers in Arkansas and Texas, along with interests in television and radio stations and oil and gas businesses. For most of the twentieth century, Palmer and his heirs had monopoly ownership of daily newspapers in southwestern Arkansas’s largest cities, and by the beginning of the third decade of the twenty-first century, his heirs controlled most of the daily news consumption in Arkansas through their flagship newspaper, the Arkansas Democrat-Gazette, as well as small dailies. In his constant search for cost savings, Palmer brought about technological changes in newspaper production that were embraced by newspaper chains across the country. Significantly, many …

Panic of 1819

The Panic of 1819 was the first major widespread financial panic in the United States. The financial disaster affected the U.S. banking system, the “Cotton Belt” southern states, and western migration to federally owned lands. Unemployment and bankruptcies increased, and faith in government monetary policy rapidly decreased. This economic panic adversely affected once-growing territories like Arkansas for years. A significant precursor to the crisis in 1819 was the Napoleonic Wars in Europe. Although warfare between Great Britain and France hurt the European economy, they caused the American economy to grow. Countries in Europe relied on American manufacturing and also the United States’ agricultural production, which was growing as settlers relocated to states and territories like Ohio, Missouri, and Arkansas (Arkansas …

Panic of 1837

The Panic of 1837 was the first financial panic to hit America during the Free Banking Era (1837–1863). Like most economic panics, it was caused by both internal and external factors. New states in the South like Arkansas faced decreased value in land, cotton, and the slave trade. The depression lasted until around 1844, with the country’s economy rebounding because of new commodities and later solidifying after increased access to gold deposits in the American West after the Mexican War. Origins of the Panic of 1837 At the time Arkansas was becoming a state in 1836, the American economy was expanding. The land in Arkansas, especially in the southeastern portion of the state, grew in value because of the cotton …

Panic of 1857

The Panic of 1857 was a financial crisis that gripped the United States from 1857 to 1861 and is widely considered the first worldwide economic crisis, with the economic and technological connectedness of global markets leading to widespread commercial problems. The previous decade was prosperous for the United States, but the national economy faced serious regression near the end of the 1850s. In states like Arkansas, the economic impact was lessened due to greater agricultural reliance. Nevertheless, the economic impact of the financial panic spread across the country and heightened tensions that would lead to the establishment of the Confederate States of America and the eruption of the Civil War. American Economy before 1857 Following the Mexican War from 1846 …

Panic of 1873

The Panic of 1873 was a financial crisis that lasted six years and led to an economic depression that spread across the United States and Europe. Some of the main causes for the economic predicament included inflation and distrust in banks, coupled with questionable investments that anticipated quick returns. Until the stock market collapse in the 1920s, this financial panic was dubbed “The Great Depression.” In Arkansas, a state with the fourth-lowest income per household in 1870s America, financial instability put the citizenry at great risk. The American economy after the Civil War saw increased expansion. In Arkansas, hundreds of miles of new railroads were built. The state had enough funds to build public schools and what is now the …

Pankey, Josephine Irvin Harris

Josephine Irvin Harris Pankey was a real estate developer, educator, philanthropist, and leader in the African-American community of Little Rock (Pulaski County) for the first half of the twentieth century. Josephine Irvin was born on November 17, 1869, in Cleveland, Ohio. Her parents were William R. Irvin and Katherine Harris Irvin. She was the oldest of their five children. Her father was a self-employed whitewasher, her mother a homemaker. Irvin attended elementary school in Cleveland, including at Oberlin College’s Academy, a preparatory school connected with the college. After graduation, she enrolled in Oberlin College but withdrew because of an illness. She was musically talented and studied at the conservatory that was connected with the academy and the college. By 1892, …

Park Hotel

The Park Hotel is a seven-story hotel located at 211 Fountain Street in downtown Hot Springs (Garland County) near Bathhouse Row. Built by the renowned architectural firm of Thompson, Sanders and Ginocchio, the hotel and restaurant in its lobby are still in operation in the twenty-first century. The Park Hotel was added to the National Register of Historic Places on January 22, 1982. The tan brick building is located at the upper entrance to the Hot Springs National Park Grand Promenade, which is a brick pathway through the wooded hills behind Bathhouse Row. The Park Hotel is about a block northeast of the dining, entertainment, and shopping establishments of the Central Avenue Historic District. The Park Hotel was completed in …

Park-O-Meter

Park-O-Meter is a parking meter production company headquartered in Russellville (Pope County). The predecessor company to the current Park-O-Meter, Inc. (or POM) was co-founded by Carl Magee, designer of the world’s first parking meter. Carl Magee was an attorney and newspaper editor who joined the Oklahoma City Chamber of Commerce traffic committee in 1933 and, shortly thereafter, was charged with lessening the escalating traffic congestion in the city’s downtown. Local merchants complained that their sales were hurt by low traffic turnover, since parking spaces adjacent to downtown businesses were occupied by the same cars all day. Magee conceived the idea of a coin-operated timer that could be used to increase traffic turnover in busy commercial thoroughfares, and he sponsored a …

Parkway Courts Historic District

The Parkway Courts Historic District is a motel and apartment complex located at 815 Park Avenue in Hot Springs (Garland County) originally constructed in 1943. Part of the district was rebuilt in the early 1950s after a fire, and it was added to the National Register of Historic Places on February 11, 2004. Businesses began to appear along Park Avenue in the 1930s to serve the tourists who visited Hot Springs. Construction of motels, restaurants, and similar enterprises continued in the area until the 1950s. The Parkway Courts were constructed by Florence Franklin Newell in 1943. She sold the property to Otto Baker in 1950, and the name of the business was changed to Parkway Apartments. Two years later, the …

Peach Industry

Peaches are grown throughout the state of Arkansas with the highest concentrations being in central Arkansas  (Pope and Faulkner counties), western Arkansas (Johnson and Franklin counties), southwest Arkansas (Howard and Clark counties), northern Arkansas (Boone, Benton, and Washington counties), and Crowley’s Ridge in eastern Arkansas (Cross and St. Francis counties). Peaches are most successfully produced on light, sandy soils with at least thirty-six inches of soil depth. Orchards are usually placed on locations with raised elevations to avoid or lessen the impact of incidents of low temperature such as frosts. Peaches were introduced as a crop in Arkansas after the Civil War, as were many other fruits and vegetables, during the New South Diversification movement in agriculture. This movement was …

Pearl Rush

The rivers of northeast Arkansas once teemed with freshwater mollusks capable of producing pearls, which led to a huge “pearl rush” in the region in the late 1800s. The mussels had not been harvested on a large scale since Native Americans dwelled along these rivers, giving the animals—and the pearls within—time to grow. In an era before cultured pearls, these gems only occurred naturally, growing inside a freshwater mollusk or saltwater oyster, and the rarity of this occurrence made them precious. Native Americans used pearls to indicate elite status through adornment and burial practices. Burial sites in Campbell, Missouri, and Spiro, Oklahoma, revealed large quantities of freshwater pearls heaped in baskets or large shell vessels. A grave near present-day Helena-West …

Pearson, John

John Pearson was a renowned gunsmith noted for his early work with Samuel Colt in developing the first working revolver. He later worked as a gunsmith in Little Rock (Pulaski County) and Fort Smith (Sebastian County). John Pearson was born in England around 1811 and, by the 1830s, had immigrated to the United States, where he established himself as a tradesman and gunsmith in Baltimore, Maryland. He was operating there when Samuel Colt began developing his design for a revolving pistol that could fire multiple rounds before being reloaded. Colt worked with several contractors, but Pearson was his favored gunsmith and consultant, and Colt would bring him designs to build with hand tools and early machinery. As one biographer noted, …

Penzel, Charles Ferdinand

Charles Ferdinand Penzel emigrated from Austria to Little Rock (Pulaski County) in 1857 and, after the Civil War, became a leading merchant, pioneering banker, and prolific investor who rose to the first rank of capitalists in the city. He was also active, often as an officer, in numerous city economic development, religious, civic, and charitable organizations. At the time of his death, he was perhaps the richest German American in Arkansas. Born on October 8, 1840, to Johann Christof Penzel and Maria Elizabeth Penzel, Charles Penzel was one of twenty-eight emigrants from Asch, a Bohemian city of about 9,000 and a district of about 20,000 people, who settled in Pulaski County between 1848 and 1857. When he arrived in Pulaski …

Peonage

The term “peonage” refers to a debt labor system whereby workers are tied to a landowner due to debts owed the landowner by the worker. Peonage is considered a form of slavery since the worker is essentially prohibited from leaving the control of the landowner. Peonage was declared illegal by Congress in 1867, and two of the most famous peonage investigations occurred in Arkansas during the first decades of the twentieth century. Potential for peonage came about following the Civil War when the South’s agricultural economy shifted from use of a slavery-based workforce to a farming environment that relied on a mixture of hired labor and tenant farming or sharecropping. The sharecropping system encouraged indebtedness to the landowner since supplies …

Perry Plaza Court Historic District

The Perry Plaza Court Historic District consists of a former motel (or “tourist court,” as it was known at the time) on Park Avenue in Hot Springs (Garland County). Constructed in the International Style, it was added to the National Register of Historic Places on February 11, 2004, due to its architectural significance and condition. In the 1970s, the building was converted into an apartment complex. Construction of the motel began in 1947 and was completed the next year. Designed by Hot Springs architect Irven McDaniel, the motel had nineteen units. The International Style, in which the building was constructed, is noted for its horizontal design elements and minimal adornment. The motel was built with steel joist construction, fire walls, …

Person, Charline Woodford Beasley

Charline Woodford Beasley Person ran a 5,000-acre cotton plantation in Miller County, Arkansas, after the death of her husband. Person was an active community and church leader, helping build the community church in Garland (Miller County) and steering her hometown through the Great Depression. She was also the only woman chosen to represent Arkansas at the St. Louis Exposition of 1926. Charline Woodford Beasley was born on December 2, 1876, in Lewisville (Lafayette County), the daughter of Charles Hunter Beasley and Lucy Lungren Beasley. Beasley attended Lewisville School, and she was not quite seventeen when she married Levin King Person Jr. (1862–1911) in “Old Lewisville” in 1893. They had three children. In January 1911, Levin Person died suddenly from a …

Petit Jean Meats

Petit Jean Meats is a pork processor and retailer located in Morrilton (Conway County). Family owned since its origins in the late 1920s, the company is the only privately owned red-meat processor still operating in Arkansas. It is also an official sponsor of the Dallas Cowboys football team. In 1922, Felix Schlosser left his native Germany to practice the butchering trade in Arkansas, where some of his relatives had already established themselves. After working at the Little Rock Packing Company and Becker Packing Company, he settled in Morrilton near his cousin, Mary Ruff. He opened a retail meat market with his partner, Ellis Bentley, who sold his share to Schlosser after two years. The small market burned but was reopened …

Philanthropy

Nonprofit and volunteer organizations in Arkansas, from religious groups in the territorial period to the charitable foundations of today, have contributed greatly to the economic wellbeing of the state. Charitable giving by private groups to benefit persons outside their own membership—the definition of philanthropy used here—has been an essential feature of the economic landscape of Arkansas. This has been the case because of the state’s long-term experience with poverty and with a reluctance, until fairly recently, to use government programs to alleviate human suffering and expand educational opportunities for the people of Arkansas. Rise of Organized Philanthropy Organized charitable giving first grew out of church, women’s, and fraternal groups. In the absence of state-sponsored educational institutions, churches in pre–Civil War …

Phillips, Charles E., Jr

Charles Phillips Jr. is the CEO of Infor, a company that specializes in industry-specific software. His long career on Wall Street and in Silicon Valley include high-level positions in financial services corporation Morgan Stanley and the computer technology corporation Oracle. He was inducted into the Arkansas Black Hall of Fame in 2012. Charles Phillips was born in 1959 in Little Rock (Pulaski County). His father was stationed at the nearby Little Rock Air Force Base, and the family moved frequently during his youth, including stints in Germany and Spain. Aiming to follow in his father’s footsteps, Phillips enrolled in the U.S. Air Force Academy in Colorado Springs, Colorado. Although he graduated with a degree in computer science in 1981, worsening …

Phillips, Sylvanus

Sylvanus Phillips was an early American pioneer and Arkansas settler. As a prominent land speculator and town developer who held numerous offices during his roughly thirty years in southeastern Arkansas, Phillips helped shape settlements and communities in Arkansas Territory just before statehood. Little is known about Phillips’s early life, family, and education. He was born in the Piedmont region of North Carolina in April 1775, but his exact birthdate and the names of his parents are unknown. The Piedmont region was inhabited by Waxhaw and Catawba Indians as well as Scotch-Irish and English settlers, and it is possible that he was of Scotch-Irish descent. In 1797, he traveled to Arkansas by crossing the Appalachian Mountains and going through Kentucky. He …

Phillips, William Richard (Bill)

Boone County native William Richard (Bill) Phillips was an Arkansas businessman and an All-American football player at Arkansas State University (ASU). His athletic abilities were a major contributor to the school’s 1970 national football championship and led to his induction into the Arkansas Sports Hall of Fame twice. Born on February 2, 1949, in Harrison (Boone County), Bill Phillips was one of four children of Earl and Hazel Phillips. He grew up in Harrison, where he attended the local schools. By the time he was in junior high, he had become an accomplished athlete in basketball, track and field, golf, and football. He was a member of the 1967 Arkansas state basketball championship team. His football season was cut short …

Pillstrom Tongs

Pillstrom Tongs were invented by Lawrence G. Pillstrom MD for the safe capture of snakes for scientific research. The company eventually began shipping these unique, safe herpetological tools all over the world. They are used by zoos, animal control agencies, specialty animal handlers, collectors, and others. The company expanded upon the line of original snake tongs and modified them to be used for hunting frogs, pruning trees, cooking outdoors, picking up aluminum cans, and more. In 1953, as a young student at what is now the University of Arkansas for Medical Sciences (UAMS) in Little Rock (Pulaski County), Pillstrom began some early studies and medical research of snake venom and its effects. As a key part of his doctoral work, …

Planters Bank Building

The Planters Bank Building is a historical commercial structure located at 200 East Hale Avenue, at its intersection with Pecan Avenue, in Osceola (Mississippi County). Designed in 1920 by Missouri architect Uzell Singleton Branson, the building was originally constructed for the Citizens Bank. Upon the bank’s closure in 1928, the building became the home of First State Bank, which closed in 1930. For a number of years, the building was used by a large mercantile store. In 1943, the City of Osceola leased the building to house its city hall. In May 1944, a citizens’ group that included Congressman William J. Driver of Osceola chartered a financial institution known as the Planters Bank. The new depository took over the former …

Plum Point Energy Station

The Plum Point Energy Station (PPES) is a 665-megawatt (MW) energy facility located approximately five miles east of Osceola (Mississippi County). Owned by NRG Energy of Houston, Texas, the station began commercial production of electricity on September 1, 2010, serving members of the Missouri Joint Municipal Electric Utility Commission (MJMEUC) in the Arkansas communities of North Little Rock (Pulaski County), Osceola, and Piggott (Clay County), along with the Missouri communities of Carthage, Kennett, Malden, and Poplar Bluff, plus all thirty-five members of the Missouri Public Energy Pool No. 1 (MoPEP). The Empire District Electric Company, East Texas Electric Cooperative, and Municipal Energy Agency of Mississippi own smaller shares of the company. Development and Construction Spurred by recent economic setbacks in …

Plummer, Samuel

By the time he was twenty-five, Samuel Plummer had finished an apprenticeship in leatherworking and subsequently traveled to Conway County in Arkansas Territory, where he bought a home and established a business location. The town of Plumerville (Conway County) grew up around his home. (His name was spelled as Plummer in most sources but was Plumer in some, and is Plumer on his gravestone; the spelling of the town’s name is based on the variant spelling.) Samuel Plummer was born on October 3, 1800, in Alexandria, Virginia, in what is now the Washington DC area. Patrick Rodgers, a leather merchant, became Plummer’s guardian when he was seven and started him as an apprentice to learn the trade and business of …

Pomeroy, Leslie Klett (Les)

Although Sierra Club founder John Muir championed forest conservation by setting aside large acreages, it was Leslie Klett Pomeroy who devised a conservation plan for growing and harvesting timber that both conserved it and turned it into a renewable resource. His science-based management plans regenerated timberlands across the South after cut-out-and-get-out practices had decimated its forests. Pomeroy’s groundbreaking work carried out in Arkansas ultimately affected forestry in the South and across America. Leslie Pomeroy was born on December 12, 1896, in Hub City, Wisconsin. He was the only child of William Justis Pomeroy and Anna Barbara Klett Pomeroy. His mother was a housewife, and his father began his employment with Madison Bus Company in 1922 as a motorman on streetcars, …

Post Familie Vineyards and Winery

Post Familie Vineyards and Winery is located on state Highway 186 in the town of Altus (Franklin County), on the old farm of Professor Joseph Bachman, a noted creator of new grape varieties. Post Familie Winery has its origins in the immigration into the area of German and Swiss Catholics in the 1880s—which made Altus one of the leading wine communities in the state by the turn of the century—and is today one of the 100 largest wineries in the nation. The great-grandfather of this branch of the Post family was Jacob Post, who made wine along with his wife, Anna. Originally, the family made wine from wild grapes as well as other fruits and berries before acquiring grape cuttings …

Potts, John Kirkbride

John Kirkbride Potts laid the groundwork for the founding of the town of Pottsville (Pope County). He patented 160 acres of land between Crow Mountain and the Arkansas River and later enlarged his holdings to 650 acres. His house, which served as a post office and railroad rest stop, was entered in the National Register of Historic Places on June 22, 1970, and is now a museum. John Potts was born in Pennsylvania on March 24, 1803, to Joshua Potts and Mary (Bunting) Potts. He had five siblings. The family moved from Pennsylvania to New Jersey in 1812. At age seventeen, Potts went west, traveling by wagon with two slave families to Wayne County, Missouri, where he met William Logan …

Pottsville Citizens Bank

In 1913, some sixteen years after the incorporation of Pottsville (Pope County), the town’s first bank—the Pottsville Citizens Bank—was chartered. On March 28, 2002, the bank, located at 156 East Ash Street, was added to the National Register of Historic places based on its contribution to the development of town commerce and the commercial architecture style of the building. The town of Pottsville slowly developed in the immediate area surrounding the house of the area’s first settler, John Kirkbride Potts, who arrived in the 1820s. As the town grew, town leaders determined that there was a need for a bank. A bank was chartered, and a one-story brick building was constructed across from Potts’s home. On September 2, 1913, the …

Poultry Industry

A staple of the state’s economy, the Arkansas poultry industry first emerged in the 1890s. A century later, Tyson Foods, based in Springdale (Washington and Benton Counties), had become one of the largest agribusiness firms in the United States. Northwestern Arkansas, particularly Washington and Benton counties, produces the majority of poultry in Arkansas. The topography of the Ozark highlands—in contrast to the relatively flat eastern half of the state—is well suited to raising chickens. The hilly terrain has historically prevented the widespread cultivation of rice and cotton, which led northwestern Arkansas farmers to pursue interests in timber, fruit orchards, and especially poultry. By the early twenty-first century, poultry production had become an essential component of Arkansas’s economy, and Tyson Foods—with …

Poverty

In 2008, the U.S. Census Bureau reported that the national average of individuals living in poverty was 13.2 percent. At 17.3 percent, Arkansas tied for second among states with the highest poverty rates. The two states with the highest poverty rates are adjacent to Arkansas: Mississippi was the highest with 21.2 percent, and Louisiana second highest at 17.3 percent. They were followed by West Virginia at 17 percent and Kentucky, which tied Arkansas with 17.3 percent. Seven of the top ten impoverished states were in the South. Historical Background The story of poverty in the South is the story of economic development and social changes over time. Patterns of poverty in Arkansas have developed and fluctuated over time in relation …

Prairie Grove Telephone Company

aka: PGTelco

Owned and operated by four generations of the McCormick and Parks families since the late nineteenth century, the Prairie Grove Telephone Company (PGTelco) is one of the oldest family-owned telephone companies in Arkansas. The company established exchanges in five western Washington County communities: Farmington, Lincoln, Morrow, Prairie Grove, and Strickler. Physician E. G. McCormick and his brother, Will McCormick, were co-owners of the McCormick Bros. drugstore that opened on Prairie Grove’s main street in 1884. Dr. McCormick’s clinic was located across the street from the drugstore, and in 1888 the brothers installed a telephone line between the two businesses. When some local residents expressed an interest in using the new technology, the brothers began to offer phone service to others …

Price Produce and Filling Station

The Price Produce and Filling Station is a complex of one-story Art Deco–style buildings at 413, 415, and 417 East Emma Avenue in Springdale (Washington and Benton counties). It was built in 1934 by Veaze Price. Price moved to Springdale from Missouri in 1923 and worked for several years with the Springdale Produce Company before deciding to open his own business. In the early 1930s, Springdale was a shipping hub for a thriving fruit and produce industry in northwestern Arkansas. Apples were a leading crop from the late 1800s through the early 1900s. By 1930, the area also had the highest concentration of vineyards in the state. Welch’s Grape Juice factory and Nelson Wine and Distillery, both located at Springdale, …

Progressive Farmers and Household Union of America (PFHUA)

Robert L. Hill of Drew County, along with physician V. E. Powell, incorporated the Progressive Farmers and Household Union of America (PFHUA) in Winchester (Drew County) in 1918. Hill, an African American, referred to himself as a “U.S. Detective” because he had taken a St. Louis, Missouri, correspondence course in detective training, but some people identified him as a farmer or farm hand. According to the articles of the constitution of the PFHUA, the group’s objective was “to advance the interests of the Negro, morally and intellectually, and to make him a better citizen and a better farmer.” The organization had characteristics of a fraternal order, such as passwords, handshakes, and signs for members, and it also resembled a union. …