This site on Honey Creek marks the beginning in 1856 of the settlement of Hico. Earliest families to locate here were those of John Q. Anderson, M. A. Fuller, J. G. Barbee, James R. and Henry Fuller, Isaac Steen, Isaac and Thomas Malone. In 1860 John R. Alford, a merchant, became the first postmaster. Rocks from ruins of the old mill were used in the erection of this memorial.