| Summary: | Holt had been built in 1902 by the Central Iron and Coal Company. This photograph was published with an article about the sale of the town, which was purchased by William Hulsey on February 4, 1941. According to the article (published in the Birmingham News on February 5), "Hulsey's town consists of 379 houses scattered over 777.9 acres of land that has the profile of a dried-up apple magnified several million times. Some 1,500 persons live in the town and rents on the houses range from $7 to $35 a month. His purchase includes everything but several churches, a school, the foundry company's commissary and office building. He'll share the post-office with Uncle Sam." (The following caption accompanied the image: "At top, left, Aaron Krock, of Worchester, Mass., one of the bidders, is seen here in deep thought trying to decide whether to raise his bid another $100 after he was advised that the property included two mules and a wagon. V. C. Scott, the auctioneer, center, awaits his decision.")
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