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    Billie Henderson Collection

    William Madison McDonald Fort Worth Banker

    Summary: Henderson provided a biographical book on William Madison McDonald. Born on June 22, 1866, in Kaufman County, Texas, William Madison "Gooseneck Bill" McDonald's parents had been slaves. His father, George McDonald, was born in Tennessee and his mother, Flora Scott McDonald, in Alabama. His mother died when he was five, and his father married his second wife, Belle Crouch. McDonald graduated from high school in 1884 and worked for attorney and rancher Z.T. Adams. After graduating from Roger Williams University, McDonald became principal of the African American high school in Forney, Texas. In 1899 he became Grand Secretary of the Prince Hall Free and Accepted Masons of Texas, a position he held for almost 50 years. McDonald moved in 1906 to Fort Worth where he built the Fraternal Bank and Trust Company in 1912 with support from black fraternities. The bank was successful, surviving even the Great Depression. For the last years of his life McDonald removed himself from politics, let others run the fraternities, lived a leisurely life and died on July 4, 1950. He is buried at Oakwood Cemetery.

    • Life of William Madison McDonald, Ph. D by William Oliver Bundy, A.B.; The Bunker Printing and Book Company, 1925