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Walter Benjamin Adams

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Walter Benjamin Adams

Birth
Dallas County, Alabama, USA
Death
31 Oct 1906 (aged 49)
Devine, Medina County, Texas, USA
Burial
Devine, Medina County, Texas, USA GPS-Latitude: 29.1533556, Longitude: -98.8979472
Plot
Section 8
Memorial ID
View Source
Walter's first wife was May Laura Crawford Adams and she was the mother of Walter Felix Adams and Hallie May Adams.
~

ADAMS, WALTER BENJAMIN
W. B. Adams, in whose death on October 31, 1906, Southwest Texas lost a banker, merchant and stockman, the extent of whose business interests made him an important factor in the material, commercial and financial circles of Devine. Medina county, and a man who for all that is commendable in business life—the alert, enterprising spirit and a conformity to a high standard of commercial ethics. He was born in Dallas county, Alabama, in 1859, acquired a good education, and in 1882 came to Texas, locating in San Antonio. There he entered the employ of the old and well known mercantile firm of D. & A. Oppenheimer, with whom he remained for about eight years—a trusted and highly valued employee, in testimony of which is given the fact that Colonel Dan and Anton Oppenheimer, were the financial support of Mr. Adams when he, the latter, started in business for himself, and always remained firm business friends and advisers.
In 1890 Mr. Adams established a small store at Devine, thirty-five miles southwest of San Antonio. That was the beginning of the present large mercantile, banking, stock and farming interests. The business now constitutes, briefly stated, the following: The Adams Company, which for many years was conducted under the firm name of W. B. Adams & Company but since its incorporation under the state laws, in January, 1906, was known as the Adams Company. This store has the largest and most successful business of any store in southwestern Texas outside of San Antonio and draws trade from four counties. In many ways it is a remarkable establishment. Its truthfully stated advertising device—"dealers and traders, everything from a rat skin to a ranch"— is widely known to the people of Southwestern Texas as well as to the thousands of travelers who see the sign from the train of the International & Great Northern Railroad. The store carries large and complete stocks of merchandise and machinery. A farmer or stockman can bring in anything and everything he produces and find the highest cash market price for it at Adams' store and likewise can buy anything he requires. The store in its management is along the lines of the best modern business principles, its selling force well trained and its general organization equal to that of the largest metropolitan mercantile establishment. Mat Keller, a young man, who was taken into the store by Mr. Adams when he was sixteen years old and grew up with the business, is superintendent of the sales floor, a position he fills with the highest efficiency and satisfaction both to the firm and to the customers. In direct charge of the entire mercantile business of the Adams Company is L. F. Price, a member of the firm. Mr. Price came to this business from San Antonio, where he had many years' successful business experience. C. M. Thompson, also a member of the firm, was with Mr. Adams in the old firm of W. B. Adams & Company.
In 1904 Mr. Adams organized and incorporated the Adams National Bank, capitalized at fifty thousand dollars, with W. B. Adams as president; A. M. Patterson as cashier; and several other substantial citizens as directors and stockholders. This was the only bank in Devine at that time and still meets the financial interests of the business men, farmers and stockmen over a large territory.
The Adams farms conducted under the name of W. B. Adams & Company and constituting twenty-five hundred acres of rich farming lands. King a short distance north of Devine, have been of the greatest benefit in developing the material resources and demonstrating the possibilities of the country in this portion of the state. When Mr. Adams first located in Devine the few farmers who were in this district at the time were as a rule poor and making hardly any progress in the way of bettering their own financial conditions. Their efforts were confined to the raising of corn and cotton and the methods of farming were not productive of the best results attainable. A glance at the situation here now reveals almost pleasing prospect of highly cultivated fields with diversified crops, while the owners of the farms are contented and prosperous and making more money every year. This is the result of Mr. Adams' successful efforts among his farms to demonstrate the possibilities of the diversified crops in this section. It has been his constant aim to build up and assist the growth of the surrounding country and the development and advancement of his own business has been followed by corresponding growth of the agricultural prosperity of this portion of the state. In fact all his interests are so closely interwoven with the interests of the surrounding community that they are practically one and the same.
In the settlement of the surrounding country it was Mr. Adams' aim to have the citizenship compose only men of character, stability and ambition, men who are desirous of forging ahead in the world and whose methods of advancement are commendable. His efforts in this direction have resulted in making the Devine country as nearly ideal as possible from the standpoint of a citizenship composed of straightforward, happy and prosperous people. Mr. Adams was an unusually exact judge of human character and it is said that he never made a mistake in "sizing up" a man. During the years he was in business here, conducting transactions amounting at times to hundreds of thousands of dollars, he lost less than one thousand dollars from bad accounts. With him the personal equation amounted to more in a business deal than mere collateral. He was peculiarly successful in surrounding himself with employees and assistants that were of the best type and who invariably proved their worth in a business transaction.
The Adams firm deals heavily in ranch lands which are subdivided into farms of practically one hundred and sixty acres though some are greater and some less in extent, thus giving the honest, well meaning purchaser an opportunity to secure a home and also extend their help and encouragement for him to get ahead and succeed. The firm also does an extensive business in livestock, dealing in horses, mules, cattle and hogs. The Adams mercantile, banking, farm and stock industries employ over one hundred people. In 1905 the Adams firm received nearly fifty thousand dollars from their crops. The firm has bought and cleared off more land than any other firm in Texas and the development of the surrounding country has been such that now, during an ordinary season, an average of one hundred bales of cotton per day (during the harvest season) are received at the local gins, which bring about fifty dollars per bale, giving an idea of the wealth of the community. All this is in addition to numerous other crops and to the stock interests. When the boll-weevil threatened the destruction of the cotton industry, Mr. Adams bought in hogs and dairy cattle and introduced speckled peas for a feeding crop. In this and numerous other ways he has been a most valued factor in building up the community and developing its natural resources. He has always worked in hearty co-operation with the International & Great Northern Railroad in developing this portion of the state.
Mr. Adams was an active participant in worthy local enterprises, particularly in behalf of the public schools, for the support of which he made generous contributions. He was treasurer of the present school board, which built the beautiful high school building at Devine, and no movement for the benefit of the city failed to receive his endorsement and co-operation.
Mr. Adams was married twice. His first wife, who died in 1893, was Miss May Crawford, of Texarkana, Texas, and they had two children, Walter F. and Fannie. Mr. Adams later married Miss Lizzie Cook, and they have one son, Temple Adams. Mr. Adams belonged to the Masonic and some other fraternal orders but his time and energies were concentrated upon the management of his business affairs, which indicate his splendid executive force, his keen discrimination and his wise and wide insight into business possibilities, and intricate business problems. His name is synonymous with the growth and development of his portion of the state and at all times he was the leading spirit here. At his death he was mourned and missed not only by his immediate family, but by hundreds of citizens who had learned to love and respect him for his generosity and love of his family, friends and his country. He was ever ready to help the needy. He was a kind and loving husband, father and friend, and his memory will long survive him in Devine where he was best known. [A Twentieth Century History of Southwest Texas, Volume 2, 1907.
Walter's first wife was May Laura Crawford Adams and she was the mother of Walter Felix Adams and Hallie May Adams.
~

ADAMS, WALTER BENJAMIN
W. B. Adams, in whose death on October 31, 1906, Southwest Texas lost a banker, merchant and stockman, the extent of whose business interests made him an important factor in the material, commercial and financial circles of Devine. Medina county, and a man who for all that is commendable in business life—the alert, enterprising spirit and a conformity to a high standard of commercial ethics. He was born in Dallas county, Alabama, in 1859, acquired a good education, and in 1882 came to Texas, locating in San Antonio. There he entered the employ of the old and well known mercantile firm of D. & A. Oppenheimer, with whom he remained for about eight years—a trusted and highly valued employee, in testimony of which is given the fact that Colonel Dan and Anton Oppenheimer, were the financial support of Mr. Adams when he, the latter, started in business for himself, and always remained firm business friends and advisers.
In 1890 Mr. Adams established a small store at Devine, thirty-five miles southwest of San Antonio. That was the beginning of the present large mercantile, banking, stock and farming interests. The business now constitutes, briefly stated, the following: The Adams Company, which for many years was conducted under the firm name of W. B. Adams & Company but since its incorporation under the state laws, in January, 1906, was known as the Adams Company. This store has the largest and most successful business of any store in southwestern Texas outside of San Antonio and draws trade from four counties. In many ways it is a remarkable establishment. Its truthfully stated advertising device—"dealers and traders, everything from a rat skin to a ranch"— is widely known to the people of Southwestern Texas as well as to the thousands of travelers who see the sign from the train of the International & Great Northern Railroad. The store carries large and complete stocks of merchandise and machinery. A farmer or stockman can bring in anything and everything he produces and find the highest cash market price for it at Adams' store and likewise can buy anything he requires. The store in its management is along the lines of the best modern business principles, its selling force well trained and its general organization equal to that of the largest metropolitan mercantile establishment. Mat Keller, a young man, who was taken into the store by Mr. Adams when he was sixteen years old and grew up with the business, is superintendent of the sales floor, a position he fills with the highest efficiency and satisfaction both to the firm and to the customers. In direct charge of the entire mercantile business of the Adams Company is L. F. Price, a member of the firm. Mr. Price came to this business from San Antonio, where he had many years' successful business experience. C. M. Thompson, also a member of the firm, was with Mr. Adams in the old firm of W. B. Adams & Company.
In 1904 Mr. Adams organized and incorporated the Adams National Bank, capitalized at fifty thousand dollars, with W. B. Adams as president; A. M. Patterson as cashier; and several other substantial citizens as directors and stockholders. This was the only bank in Devine at that time and still meets the financial interests of the business men, farmers and stockmen over a large territory.
The Adams farms conducted under the name of W. B. Adams & Company and constituting twenty-five hundred acres of rich farming lands. King a short distance north of Devine, have been of the greatest benefit in developing the material resources and demonstrating the possibilities of the country in this portion of the state. When Mr. Adams first located in Devine the few farmers who were in this district at the time were as a rule poor and making hardly any progress in the way of bettering their own financial conditions. Their efforts were confined to the raising of corn and cotton and the methods of farming were not productive of the best results attainable. A glance at the situation here now reveals almost pleasing prospect of highly cultivated fields with diversified crops, while the owners of the farms are contented and prosperous and making more money every year. This is the result of Mr. Adams' successful efforts among his farms to demonstrate the possibilities of the diversified crops in this section. It has been his constant aim to build up and assist the growth of the surrounding country and the development and advancement of his own business has been followed by corresponding growth of the agricultural prosperity of this portion of the state. In fact all his interests are so closely interwoven with the interests of the surrounding community that they are practically one and the same.
In the settlement of the surrounding country it was Mr. Adams' aim to have the citizenship compose only men of character, stability and ambition, men who are desirous of forging ahead in the world and whose methods of advancement are commendable. His efforts in this direction have resulted in making the Devine country as nearly ideal as possible from the standpoint of a citizenship composed of straightforward, happy and prosperous people. Mr. Adams was an unusually exact judge of human character and it is said that he never made a mistake in "sizing up" a man. During the years he was in business here, conducting transactions amounting at times to hundreds of thousands of dollars, he lost less than one thousand dollars from bad accounts. With him the personal equation amounted to more in a business deal than mere collateral. He was peculiarly successful in surrounding himself with employees and assistants that were of the best type and who invariably proved their worth in a business transaction.
The Adams firm deals heavily in ranch lands which are subdivided into farms of practically one hundred and sixty acres though some are greater and some less in extent, thus giving the honest, well meaning purchaser an opportunity to secure a home and also extend their help and encouragement for him to get ahead and succeed. The firm also does an extensive business in livestock, dealing in horses, mules, cattle and hogs. The Adams mercantile, banking, farm and stock industries employ over one hundred people. In 1905 the Adams firm received nearly fifty thousand dollars from their crops. The firm has bought and cleared off more land than any other firm in Texas and the development of the surrounding country has been such that now, during an ordinary season, an average of one hundred bales of cotton per day (during the harvest season) are received at the local gins, which bring about fifty dollars per bale, giving an idea of the wealth of the community. All this is in addition to numerous other crops and to the stock interests. When the boll-weevil threatened the destruction of the cotton industry, Mr. Adams bought in hogs and dairy cattle and introduced speckled peas for a feeding crop. In this and numerous other ways he has been a most valued factor in building up the community and developing its natural resources. He has always worked in hearty co-operation with the International & Great Northern Railroad in developing this portion of the state.
Mr. Adams was an active participant in worthy local enterprises, particularly in behalf of the public schools, for the support of which he made generous contributions. He was treasurer of the present school board, which built the beautiful high school building at Devine, and no movement for the benefit of the city failed to receive his endorsement and co-operation.
Mr. Adams was married twice. His first wife, who died in 1893, was Miss May Crawford, of Texarkana, Texas, and they had two children, Walter F. and Fannie. Mr. Adams later married Miss Lizzie Cook, and they have one son, Temple Adams. Mr. Adams belonged to the Masonic and some other fraternal orders but his time and energies were concentrated upon the management of his business affairs, which indicate his splendid executive force, his keen discrimination and his wise and wide insight into business possibilities, and intricate business problems. His name is synonymous with the growth and development of his portion of the state and at all times he was the leading spirit here. At his death he was mourned and missed not only by his immediate family, but by hundreds of citizens who had learned to love and respect him for his generosity and love of his family, friends and his country. He was ever ready to help the needy. He was a kind and loving husband, father and friend, and his memory will long survive him in Devine where he was best known. [A Twentieth Century History of Southwest Texas, Volume 2, 1907.


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