The R.L. Cole Grain and Elevator Co. was founded in 1905 and operated until 1956. By 1912 R.L. Cole was the leading grain and cotton dealer in Denton County. At the same time, he was operating a feed mill and a coal yard. R.L. was also elected president of the Texas Grain Dealers’ Association in 1926. The concrete elevator was built in 1927 replacing a smaller wood and galvanized steel elevator. After R.L.’s death in 1948, his son Weldon Cole operated the business. This landmark elevator still stands today.
To learn more about the history of Krum, you can visit the Krum Heritage Museum in downtown Krum. Open on Saturdays from 10 am to 2 pm and other days by appointment only by calling 940-391-1721 or 940-368-0996. You can also visit the museum website at krumheritagemuseum.com or on Facebook at Krum Heritage Museum.