John (Jot) Gunter, a rancher who owned several thousand acres in northern Texas, had an idea in the late 19th century: build a town and make money off the land. He parceled around 300 acres and platted it. The first inhabitant, Albert Earthman, built a home in 1903. He later would charter the First National Bank. With the bank along with a post office, which opened shortly after, the town slowly grew.
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