Young P. Oliver (1857-1925) came to this area in 1876 from his native Guadalupe County. In 1896, Oliver purchased this section (640 acres) of land, on which grew hundreds of pecan trees, and became a pioneer in the pecan industry. The grove contained "Old Oliver", a giant tree which produced 350-400 pounds of soft-shelled nuts per year; 800 pounds in 1906. By grafting buds from "Old Oliver" on seedlings from its pecan strain, the well-known Oliver pecan strain was developed. A flood in 1935 destroyed the tree, but its pecans are still produced commercially. Nut harvesting is a major Kimble County industry.