Opened as oil field June 14, 1935, with flow of 1140 bbls. of crude oil daily from discovery well. Within a month, shacks and tents housed 350 people. Harry L. Tucker in May 1937 platted town of Ector City. Name later changed to honor C. A. Goldsmith, owner of the land. In 2 years, Goldsmith had cafes, taverns, a hospital, movie theater, hotels, motels, shops and a newspaper First residents paid 25 cents at only bath in town -- a shower sprayed from an overhead tank. Now a gas processing and distribution center. (1965)