Entries - Entry Category: Business and Economics - Starting with M

M. M. Cohn

The M. M. Cohn Company was a regional department store chain based in Little Rock (Pulaski County) with stores in Arkansas and adjacent states. It was family owned and operated from its opening in 1874 until 1989, when the company was sold to a regional chain based in Texas. All M. M. Cohn stores closed in 2007, however, as a result of the liquidation of the new owner. The titular M. M. Cohn was originally named Kaminski or Kuhn and was born in Krakow, Poland, around 1845. He later changed his name to Mark Mathias Cohn. Cohn had lived in Cincinnati, Ohio, before moving to Arkansas and opening a store in 1874 in Arkadelphia (Clark County). He relocated to Little …

Majestic Hotel

The Majestic Hotel in Hot Springs (Garland County) was known as one of the most famous hotels in the South. For more than a century, the five-acre complex anchored the intersection of the main thoroughfares, Park and Central avenues, at the north end of Bathhouse Row in historic downtown Hot Springs. After numerous sales and a disastrous fire in February 2014, the fate of the Majestic property was uncertain. In 2016, it was decided that it would be demolished. Originally named the Avenue Hotel, the Majestic was built in 1882 on the site of the old Hiram Whittington House. The Avenue Hotel was notable for its amenities such as streetcar service to transport guests to and from the bath houses …

Manganese Mining

The mining of manganese ore was a very important economic activity in Arkansas between 1849 and 1959. The region around Batesville (Independence County)—including about 100 square miles located in northwestern Independence County, southeastern Izard County, and northeastern Stone County—has produced more than ninety-eight percent of the manganese ore shipped from Arkansas. A second area including portions of Polk and Montgomery counties also contains manganese ores. The first commercial exploitation of manganese was by Colonel Matthew Martin. Between 1848 and 1850, Martin purchased large tracts of land containing the ore, and, between 1850 and 1852, he shipped small quantities of manganese from Penter’s Bluff (Izard County) on the White River to Boston, New York, Philadelphia, and even Liverpool, England, where it …

Manning, Henry Grady

Henry Grady Manning was a leader in Arkansas’s hotel industry. The company he founded, Southwest Hotels Inc., continued his work after his death. Several incarnations of Manning’s legacy hotels still exist in the twenty-first century. Manning’s properties included the Albert Pike Hotel, Grady Manning Hotel, and Lafayette Hotel, all in Little Rock (Pulaski County), as well as the Arlington Hotel, Majestic Hotel, and Hot Springs Country Club, all in Hot Springs (Garland County). Manning made many charitable and civic contributions to Arkansas and was a member of the Little Rock Chamber of Commerce and the Arkansas State Chamber of Commerce. Grady Manning was born on March 14, 1892, in rural Scott County. His parents were Dr. Henry Manning and Virginia …

Marion Hotel

aka: Hotel Marion

The Marion Hotel (also known as the Hotel Marion) in downtown Little Rock (Pulaski County) was one of the most famous businesses in Arkansas for much of the twentieth century. Construction began on the hotel in 1905. The Marion was the tallest structure in the state from when it opened in 1907 until 1911. The hotel closed in early 1980 and was demolished to make way for the Excelsior Hotel (which later became the Peabody and then the Marriott) and the Statehouse Convention Center. The Marion Hotel was built by Herman Kahn, who moved to Little Rock from Frankfurt, Germany, in 1870. (Kahn’s great-grandson, Jimmy Moses, has been the driving force behind many of the developments in downtown Little Rock …

Markle, John Lawrence

John Lawrence Markle was the perpetrator of a headline-grabbing crime in Little Rock (Pulaski County) in November 1987. The son of Academy Award–winning actress Mercedes McCambridge, Markle murdered his wife and two daughters before taking his own life on November 16, 1987. John Markle was born on December 25, 1941, in Hollywood, California, to Mercedes McCambridge and William Fifield. McCambridge was a radio actress who eventually moved into films, and Fifield was a writer. They divorced in 1946, and when McCambridge remarried in 1950, her second husband, film and television director Fletcher Markle, adopted the boy. John Markle was eight when his mother, who would become known to a later generation through her role as the voice of the demon …

Massey, Mary Elizabeth Smith

Mary Elizabeth Smith Massey—businesswoman, public official, and civic and political leader—was a woman with an average, middle-class, mountain background, meaning her family neither depended upon subsistence farming, sharecropping, or seasonal labor in the Arkansas River bottoms, nor did they have a big store in the county seat or hundreds of acres let to sharecroppers. She became an early Arkansas female success story in the period from 1920 to 1930, when Arkansas women were just beginning to assume prominence in state and national life. In the 1950s, she reaped the results of her early endeavors by serving as Worthy Grand Matron of the Arkansas Order of the Eastern Star and by being admitted to practice law before the U.S. Supreme Court. …

Matthews, Justin, Sr.

Justin Matthews Sr. was a prominent Arkansas businessman, real estate developer, and community leader best known for his role in the development of the North Little Rock (Pulaski County) and Sherwood (Pulaski County) areas. Justin Matthews was born on a farm near Monticello (Drew County) to Samuel James Matthews and Anna Wilson Matthews on December 23, 1875. The Matthewses were a very wealthy family in Drew County, as Samuel Matthews owned a law firm, a large nursery, and a fruit business. Samuel Matthews also served as Drew County judge and encouraged his son to study law, but Justin Matthews decided to pursue a career as a pharmacist. Matthews married Mary Agnes Somers in 1901; they had three children. Around that …

McAllister, James Thomas (Tom)

James Thomas (Tom) McAllister Sr., a longtime resident of Gurdon (Clark County), was an early twentieth-century southern Arkansas lumberman. In addition to selling lumber, he was a Knight Templar, a 33rd Degree Mason, a Shriner, a member of the Gurdon Chamber of Commerce, president of two Rotary Clubs, and the 1951 winner of the District Scouter Award from the Boy Scouts of America. Tom McAllister was born on May 28, 1899, near Diehlstadt, Missouri, to Alexander Jackson McAllister and Addie Caroline Reynolds McAllister. His mother died shortly after his birth, so he was raised by his grandparents, who were tenant farmers in southeastern Missouri. McAllister attended school through the tenth grade. His first job was working in Arkansas for the …

McCain Mall

McCain Mall is a large, enclosed shopping center located at 3929 McCain Boulevard in North Little Rock (Pulaski County). Spanning 796,000 square feet on more than fifty-six acres, it offers about ninety stores, services, entertainment venues, and dining establishments, being anchored by major retainers Dillard’s and JCPenney. It is owned and operated by the Simon Property Group of Indianapolis, the largest owner of shopping malls in the United States. McCain Mall is located near Interstate 40 on Highway 67/167. Although it attracts visitors from around the state, it primarily serves the Little Rock (Pulaski County) and North Little Rock metropolitan areas, as well as the nearby central Arkansas communities of Cabot (Lonoke County), Conway (Faulkner County), Jacksonville (Pulaski County), Maumelle …

McClard’s Bar-B-Q

McClard’s Bar-B-Q is a restaurant located at 505 Albert Pike in Hot Springs (Garland County) which achieved national recognition not only for its food but also for the prominent political figures who visit the restaurant and extol its virtues, including former president Bill Clinton. Alex and Gladys McClard owned the Westside Tourist Court in Hot Springs in the 1920s, which was located west of the current restaurant’s location on Albert Pike. According to the official history of the restaurant, a destitute traveler could not pay the $10 he owed for his two-month stay at the tourist court. The traveler asked the McClards to accept a recipe for what he called “the world’s greatest bar-b-que sauce” in lieu of payment for …

McCoy, Kerrin Lou Krouse (Kerry)

Kerry McCoy is an Arkansas entrepreneur who founded Arkansas Flag and Banner, Inc. (now FlagandBanner.com) in Little Rock (Pulaski County) in 1975. McCoy is publisher of Brave Magazine and host of the radio show Up in Your Business, and she also drew wide acclaim for overseeing the restoration of the historic Dreamland Ballroom. Kerrin Lou Krouse was born on September 27, 1954, in Little Rock to Edwin Ormond Krouse and Sara Lee Rhea Krouse. Her parents met during World War II while her father was serving in the military and had married in Walla Walla, Washington. After the war, the couple moved to Little Rock and had three children. There, Ed Krouse dabbled in many small businesses. The family moved …

McDonald-Wait-Newton House

aka: Packet House
aka: 1836 Club

The McDonald-Wait-Newton House, also commonly referred to as the Packet House, is located in Little Rock (Pulaski County). The nineteenth-century house is a good example of the Second Empire architectural style and was listed on the National Register of Historic Places due primarily to its architectural significance. When the Packet House was constructed, its address was 1406 Lincoln Avenue; the road name was later changed to Cantrell. The people who built in the area had some association to the North; either they supported the North during the Civil War, or they moved south during Reconstruction, leading to the nickname of “Carpetbagger’s Row” for the homes along the road. According to the National Register of Historic Places nomination form, “The Packet …

McDonnell, James Smith, Jr.

James Smith McDonnell Jr. was one of the most significant aerospace industrialists of the twentieth century, building McDonnell-Douglas into the second largest military and commercial aviation corporation in the United States. James McDonnell was born on April 9, 1899, in Denver, Colorado, to James Smith McDonnell Sr. and Susie Belle McDonnell. The youngest of four McDonnell children, he was raised in central Arkansas. He spent his childhood in Altheimer (Jefferson County), where his parents had one of their two mercantile stores, and he graduated from Little Rock High School in 1917. Although McDonnell initially leaned toward a career in politics, his father encouraged him to pursue a career more suited to his personality. Completing his BS in physics with honors …

McIntosh, Robert “Say”

Robert “Say” McIntosh was a restaurant owner, political activist, and community organizer distinctly tied to the Little Rock (Pulaski County) area and Arkansas politics. A political gadfly during the 1980s and 1990s, McIntosh was responsible for many political protests that were statewide news during the time. Say McIntosh was born in 1943 in Osceola (Mississippi County), the fifth of eleven children. In 1949, he and his family moved to the Granite Mountain area of Little Rock. McIntosh attended Horace Mann High School but dropped out in the tenth grade. He spent much of his early life learning the restaurant business, which led him to establish his own eatery, serving home-style cooking and his famous sweet potato pie. “The Sweet Potato …

McLarty, Thomas Franklin (Frank), II

Frank McLarty was an Arkansas business leader who was prominent in the automobile business from the 1950s through the 1970s, expanding on the operation that his father, Thomas F. “Mr. Tom” McLarty, had been associated with in Hope (Hempstead County) since 1921. Along with acquiring other Ford Motor Company dealerships in southwest Arkansas, McLarty formed what would become the largest truck leasing system in Ford’s national dealer network. Thomas Franklin (Frank) McLarty II was born on November 2, 1919, in Hope as the only child of Thomas McLarty and Kathleen Briant McLarty. He graduated from Hope High School in 1938. He married Helen Hesterly of Hope on March 14, 1943, and they had two sons, Thomas Franklin III (Mack) and …

McRae, Thomas Chipman, IV

Thomas C. McRae IV was the great-grandson of U.S. congressman and twenty-sixth Arkansas governor Thomas Chipman McRae. He descends from a family that has lived in Arkansas since about 1839. McRae became well known for his involvement in philanthropic ventures, business development, environmental issues, and politics. Thomas Chipman McRae IV was born in El Dorado (Union County) on June 11, 1938, to Carleton McRae, who was a chemical analyst, and homemaker Mary Joe Rogers McRae. He had a younger brother and sister. McRae was educated in the El Dorado school system and graduated from El Dorado High School in 1956. He then attended the University Arkansas (UA) in Fayetteville (Washington County), where he earned a BA in history in 1960, …

Mechanics’ Institute of Little Rock

In September 1858, a group of white workingmen in Little Rock (Pulaski County) formed one of the state’s first labor organizations, the Mechanics’ Institute, which sought to protect white workingmen from un-free or “degraded” competitors—free Negroes, slaves, and inmates at the state penitentiary—who were forcing down wages. The Mechanics’ Institute sought a political solution to the workingmen’s competitive troubles, calling on the Arkansas General Assembly to “stop permitting free negroes to reside among us,” limit the work of slaves to agricultural and domestic pursuits, and convert “the employment of convicts in our State prison more exclusively to the manufacture of such goods and articles as are not manufactured here.” In demanding these reforms, the Mechanics’ Institute enunciated a version of …

Memphis and Little Rock Railroad (M&LR)

The Memphis and Little Rock Railroad (M&LR) was the first railroad to operate in the state of Arkansas. The M&LR was a 133-mile-long railroad line that ran from Hopefield (Crittenden County), just opposite Memphis, Tennessee, to Little Rock (Pulaski County). A five-and-one-half-foot-gauge railroad, it was constructed between 1854 and 1871. At the beginning of the Civil War, only the eastern portion of the railroad between Hopefield and Madison (St. Francis County) was in operation. Construction on the eastern and western thirds of the railroad was complete in 1862, but the Civil War interrupted construction of the middle division of the railroad. During this period, the M&LR played a vital role for both Confederate and Union forces and was under Union …

Mercury Mining

aka: Cinnabar Mining

Mercury, which was first mined in Arkansas in 1931, is in most rock types in trace amounts, generally occurring at higher levels in shale and clay-rich sediments and organic materials like coal than in sandstone, limestone, or dolostone. Although mercury was widely used in the past for several applications, the market for products containing mercury steadily declined in the 1980s because it was recognized to be toxic. It still has important uses, however, in the chemical and electrical industries as well as in dental applications and measuring and control devices. The mercury-bearing district in southwest Arkansas occupies an area six miles wide by thirty miles long, extending from eastern Howard County through Pike County and into western Clark County. Surface …

Merrell, Henry

Henry Merrell of New York was both an industrialist and an evangelical who contributed to the development of Arkansas and Georgia. He has been credited with the beginning of the Industrial Revolution in Arkansas, and he also served the state as a Confederate major and as an effective Presbyterian elder. Henry Merrell was born in Utica, New York, on December 8, 1816, to Andrew Merrell, an influential printer, and Harriet Camp Merrell; he had two brothers and two sisters. Merrell began working at the Oneida textile factory in Whitesboro, New York, when he was fourteen. He participated in the religious movement of “The Second Great Awakening” and attended the abolitionist Oneida Institute in Whitesboro. Concerning his 1856 arrival in Arkansas, …

Merrill, Joseph

Joseph Merrill was a successful philanthropist who made a difference for the lives of young people in Pine Bluff (Jefferson County), primarily through his support of African American schools in Pine Bluff. He was also the founder of the Merrill Institute. Joseph Merrill, the youngest child of William and Mary Merrill, was born in Rockingham County, New Hampshire, around 1810. He had two brothers and one sister. He started his trade of shoemaking at the age of eleven years old and worked until he was twenty-one years old in Boston, Massachusetts. Then he moved to Sidney, Ohio, and worked there for a few years. His health turned bad, and in December 1835, he moved south to Little Rock (Pulaski County) …

Miller, Abraham Hugo

The Reverend Abraham Hugo Miller was an African-American businessman, a legislator during Reconstruction, and a church and educational leader in Helena (Phillips County). During Reconstruction, he served in the Arkansas General Assembly as a representative from Phillips County. At the peak of his business operations, he was considered the wealthiest black man in Arkansas. Abraham Miller was born a slave in Colt (St. Francis County) on March 12, 1849. He was the son of Boyer Miller, who was born in Virginia in 1827; the name of his mother is unknown, though his stepmother was Henrietta Miller. During the Civil War, Miller moved with his mother to Helena. Like his father, he became a drayman, which involved hauling cotton, flour, meat, …

Miller, Eliza Ann Ross

Eliza Ann Ross Miller was an African-American businesswoman and educator, as well as the first woman to build and operate a movie theater in Arkansas. She was the wife of prosperous Helena (Phillips County) businessman, state legislator, and church leader Abraham Hugo Miller. After her husband’s death, she continued his business operations while also providing leadership in the Helena school system. She was inducted into the Arkansas Black Hall of Fame in 1999. Eliza Ross was born in Arkadelphia (Clark County) on September 6, 1869, to George and Sarah Ross. On June 15, 1887, she married Abraham H. Miller in Arkadelphia. The couple had eight children, five of whom survived into adulthood. Abraham Miller, who had been successful in real …

Mining

Mining is defined as the extraction of valuable minerals or stone (mineral resources) from the earth, usually from an ore body, vein, or bed. Materials mined in Arkansas include base metals, iron, vanadium, coal, diamonds, crushed and dimension stone, barite, tripoli, quartz crystal, gypsum, chalk, and bauxite. Mineral resources are non-renewable, unlike agricultural products or factory-produced materials. Mining in a wider sense includes extraction of any non-renewable resource, including petroleum, natural gas, bromine brine, or even water. These resources are recovered by extractive methods that differ from those of normal surface or underground “hard rock” mining methods. Early settlers in the Arkansas Territory used several local mineral commodities. These included galena (lead ore), hematite and goethite (brown iron ores), saline …

Minute Man

Minute Man of America was a pioneering fast-food chain founded by Little Rock (Pulaski County) native Wesley T. (Wes) Hall (1915–2002). At the height of its operation during the 1960s and 1970s, Minute Man had fifty-seven locations—some franchised, some company-owned—in Arkansas and seven surrounding states. By 2018, the only Minute Man location in operation was in El Dorado (Union County). A location in Jacksonville (Pulaski County) opened in 2020 but closed in 2022. The first Minute Man restaurant opened at 407 Broadway in Little Rock on May 26, 1948, as a coffee shop with twenty-four-hour service. Hall had three partners at the time: Oliver Harper, Walter Oathout, and Alton Barnett. In 1956, Hall bought out the other partners and converted …

Mississippi, Ouachita and Red River Railroad

The Mississippi, Ouachita and Red River Railroad Company (MO&RR) was the first railroad to begin construction in Arkansas. Chartered in 1852 by John Dockery of Columbia County, the railroad began at Eunice (Chicot County), south of Arkansas City (Desha County), in 1854. At the onset of the Civil War, the railroad was incomplete, extending approximately seven miles south and west from the Mississippi River. Completion of construction and actual operation of the railroad did not occur until well after the Civil War. The road never made a profit and was merged with the Little Rock, Pine Bluff and New Orleans Railroad in 1873. The first articles of incorporation for the MO&RR were filed with the State of Arkansas by John …

Missouri and North Arkansas Railroad (M&NA)

The Missouri and North Arkansas Railroad (M&NA) was a regional carrier that, at its peak, stretched from Joplin, Missouri, to Helena (Phillips County). The railroad was plagued with weather-induced disasters, periods of labor unrest, questionable decisions by absentee managers and owners, unforgiving topography, economic conditions, fires, and bad luck. After the completion of the line, it existed for only four decades. The M&NA was the victim of a territory that could not produce sufficient revenue to support it. It had tough competition from the Missouri Pacific’s two routes through the region and their stronger traffic connections. The railroad was also constructed in a less-than-substantial fashion, which led to its many washouts, floods, and infrastructure failures. The railroad began as a …

Mitchell, Harry Leland

Harry Leland Mitchell was a lifelong union activist and co-founder of the Southern Tenant Farmers’ Union (STFU) in eastern Arkansas, one of the first integrated labor unions in the United States. The STFU was unique among unions in “encouraging members to leave,” helping them find a life outside tenant farming. H. L. Mitchell was born on June 14, 1906, to Maude Ella Stanfield and James Young Mitchell, a tenant farmer and sometime preacher in Halls, Tennessee. Mitchell attended school sporadically while working various jobs to help support his family. He sharecropped, worked in a clothing store, and ran a one-pump gas station. He finally graduated from Halls High School in 1925. He married Lyndell “Dell” Carmack on December 26, 1926, …

Mitchell, Sarah Elizabeth Latta

Sarah Elizabeth Latta Mitchell was an early and dedicated member of the Children’s Aid Society in Little Rock (Pulaski County), the oldest charitable institution in the city. Mitchell earned community recognition as president of the society, serving in that capacity from 1886 until her death in 1920. In 1947, the institution she had served for over thirty years was renamed the Elizabeth Mitchell Memorial Home in her honor. Elizabeth Latta, Lizzie to friends and family, was born on January 6, 1839, at Vineyard near Evansville (Washington County), to John and Jane Starr Latta. She was the youngest of their thirteen children. Latta’s family had moved to northwestern Arkansas in 1833 from York District, South Carolina, to escape the “idleness, drinking, …

Monte Ne Railway

Monte Ne (Benton County) resort promoter William “Coin” Harvey built the five-mile standard gauge Monte Ne Railway to link the new resort to the St. Louis–San Francisco Railway (Frisco) main line at Lowell (Benton County). Frisco surveyors laid out the route, and Frisco workers assisted in track construction prior to the June 19, 1902, opening. (Harvey’s fellow “free silver” proponent William Jennings Bryan spoke at the grand opening, but the event was sparsely attended due to heavy rain and a charge to hear the speaker.) The Monte Ne Railway used poor quality fifty-six-pound rail purchased from the Frisco, which, like other big railroads, sold worn-out main line and side track to smaller companies. The Monte Ne Railway shared the depot at Lowell …

Moore, Frank

Frank Moore was one of twelve African-American men accused of murder and sentenced to death following the Elaine Massacre of 1919; his name was attached to the U.S. Supreme Court case of Moore v. Dempsey. After brief trials, the so-called Elaine Twelve—six who became known as the Moore defendants and six who became known as the Ware defendants—were found guilty of murder and sentenced to death. Ultimately, the Ware defendants were freed by the Arkansas Supreme Court in 1923; after numerous legal efforts, the Moore defendants were released in 1925. Born in Gold Dust, Louisiana, in Avoyelles Parish, on May 1, 1888, Frank Moore was the son of sharecroppers James Moore and Mary Philips Moore. In 1917, Moore reported on …

Morgan, Winfield Scott

Winfield Scott Morgan (better known as W. Scott Morgan) lived in Arkansas for most of his life. As a writer, editor, lecturer, and political activist, he played an important role in farmers’ organizations and third-party politics at the state and national levels. Even after those organizations and parties disintegrated, Morgan maintained true to his reformist ideals, as evidenced by his published writings well into the twentieth century. Born on August 25, 1851, in Columbus, Ohio, W. Scott Morgan moved with his family to Chillicothe, Missouri, when he was fourteen. Four years later, he married Retta Gilliland, with whom he would have five children. Morgan initially supported his family by teaching school for an annual salary of $200. He also began …

Mount Bethel Winery

Mount Bethel Winery in Altus (Franklin County) is the third oldest winery in the state and is a part of the tradition of Arkansas winemaking established by Swiss Catholic immigrants who settled in the western part of the state in the late eighteenth century. Like other wineries in Arkansas, it remains a family-owned and -operated enterprise and has won many awards for its product. Mount Bethel Winery, named after the old church and school district located there, was founded on August 8, 1956, by Eugene Post, who had earned a degree in chemistry from the University of Arkansas (UA) in Fayetteville (Washington County) and so entered the wine business with a good knowledge of fermentation and the aging of wine. Eugene …

Mountain Valley Spring Water

Mountain Valley Spring Water, a brand name for bottled spring water from Hot Springs (Garland County), originated in the 1870s and rose to nationwide prominence, as did the town of Hot Springs, due to a reputation for curative powers. The Mountain Valley Spring Company continues to promote the healthy mineral content of the spring water, enjoying $65 million in sales in 2004. In 1871, pharmacist Peter E. Greene and his brother, John Greene, originally from Arkadelphia (Clark County), were the first to sell Mountain Valley Spring Water, which was then known in the Hot Springs area as “Lockett’s Spring Water” because of its association with Benjamin Lockett and his son, Enoch. The Locketts owned the spring and were the first …

Mountainaire Hotel Historic District

The Mountainaire Hotel Historic District consists of two Art Moderne buildings constructed in 1947 as a hotel along Park Avenue in Hot Springs (Garland County). The district was added to the National Register of Historic Places on February 11, 2004, but is abandoned and dilapidated. The thermal waters in Hot Springs attracted travelers to the city for decades before a quality road system was installed linking the area to other settlements. With the paving of what is now Arkansas Highway 5 between Little Rock (Pulaski County) and Hot Springs in 1925, tourists could more easily visit the springs to seek relief for medical problems. When the highway entered Hot Springs, it became Park Avenue, and a number of businesses catering …

Mullins, David Wiley, Jr.

David Wiley Mullins Jr. was a prominent economist whose professional experience includes stints working in both the Department of the Treasury and as a member of the Federal Reserve Board of Governors, as well as in the private sector. David W. Mullins Jr. was born on April 28, 1946, in Memphis, Tennessee. He was one of three children of David Wiley Mullins, who was a longtime educator, and Eula Elizabeth Harrell Mullins. Mullins’s family lived in Alabama, where his father worked for Auburn University. In 1960, his father became president of the University of Arkansas (UA) in Fayetteville (Washington County), and David Mullins Jr. attended high school in Fayetteville, graduating from Fayetteville High School in 1964. Mullins earned a BS …

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 …