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  Texas : Towns A-Z / Panhandle / Central Texas N :

OLNEY, TEXAS

Young County, Panhandle / North Central Texas
Highways 132, 114, 251, and 79 and FMs 210 and 3329
13 Miles N of Newcastle
26 Miles NW of Graham
18 Miles S of Archer City

Population: 3,396 (2000)

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Olney Texas garzebo and mural
Downtown Olney mural depicting oil boom
Photo courtesy Mike Price, 2007

History in a Pecan Shell

The community is said to be named after Grover Cleveland's Secretary of State or some incident of local interest that occurred at Olney, Illinois.

The town was settled around 1880 as a central location for local ranchers who held their annual round-up. In 1889 two acres of land were donated for a townsite, and soon after a post office was granted and a store was built.

In 1891 the community established a school and the Wichita Falls and Southern Railway arrived in 1909. The railroad caused the town to shift its location one mile north. In 1910 Olney became a two railroad town with the arrival of the Gulf, Texas and Western railroad.

Oil was discovered in 1923 and Olney became a boom town when huge reserves were found in '24. Three refineries opened and the population of Olney swelled to 5,000 by 1930. Railroad service was cut off during WWII and never reestablished. A tornado struck the community in 1951 causing extensive damage, injuring 75 and killing two.

Olney Texas mural of oil boom
Another mural depicting oil boom
Photo courtesy Mike Price, 2007
Olney Texas bank detail
Olney Bank architectural detail
Photo courtesy Mike Price, 2007
Olney Texas bank building
Olney Bank building
Photo courtesy Mike Price, 2007
Hamilton Hotel in Olney Texas
Hamilton Hotel
Photo courtesy Mike Price, 2007
Olney Texas old water tower showing Olney Cubs
The old water tower
Photo courtesy Barclay Gibson, December 2005
Olney Texas  water tower
Olney water tower
Photo courtesy Barclay Gibson, December 2005
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This page last modified: October 23, 2007