Established 1886 about 1/2 mile northeast of this site. Intended to be county seat of Hansford County, created 1876, organized in 1889. Lost election to town of Hansford, which served till 1928 but is also now non-existent. Named for early surveyor John V. Farwell and members of his family, Chicago department store executives who operated XIT Ranch in this and 9 other counties - their fee in payment for building of the Texas State Capitol, 1882-86. Stones here are from the casing of a 200 foot well dug by hand to supply water to the town. (1964)