ANDERSON, MONROE DUNAWAY
ANDERSON, MONROE DUNAWAY (1873–1939). M. D. Anderson, philanthropist, was born on June 29, 1873, in Jackson, Tennessee, the sixth of eight children of James Wisdom and Ellen (Dunaway) Anderson. James Anderson was first president of the First National Bank of Jackson. As a young man M. D. Anderson was a banker in Jackson, Tennessee. In 1904 he joined his brother, Frank Ervin Anderson, and the latter's brother-in-law, William Lockhart Clayton, in establishing Anderson, Clayton and Company, a partnership that eventually grew into the world's largest cotton merchandiser. Anderson moved to Houston, Texas, about 1907 to take advantage of the city's proximity to the port of Galveston and its superior banking resources. Houston became the company's headquarters in 1916, and Anderson served as its treasurer until illness forced his retirement in 1938. The University of Texas M. D. Anderson Cancer Center in Houston, initially funded by a substantial gift from the M. D. Anderson Foundation to the University of Texas, is Anderson's best-known philanthropy. The foundation, established before Anderson's death, received the bulk of his large estate. Anderson was a member of the Cumberland Presbyterian Church and the Democratic party, but was not active in church or in politics. He never married. He lived for thirty years in a succession of downtown Houston hotels. He died in that city on August 6, 1939, after a year-long illness and was buried in Jackson, Tennessee.
William B. Bates, "Monroe D. Anderson: His Life and Legacy," Texas Gulf Coast Historical Association Publications 1.1 (February 1957). Houston Post, August 7, 1939.
Image Use Disclaimer
All copyrighted materials included within the Handbook of Texas Online are in accordance with Title 17 U.S.C. Section 107 related to Copyright and “Fair Use” for Non-Profit educational institutions, which permits the Texas State Historical Association (TSHA), to utilize copyrighted materials to further scholarship, education, and inform the public. The TSHA makes every effort to conform to the principles of fair use and to comply with copyright law.
For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml
If you wish to use copyrighted material from this site for purposes of your own that go beyond fair use, you must obtain permission from the copyright owner.
The following, adapted from the Chicago Manual of Style, 15th edition, is the preferred citation for this article.Handbook of Texas Online, Thomas D. Anderson, "ANDERSON, MONROE DUNAWAY," accessed January 27, 2020, http://www.tshaonline.org/handbook/online/articles/fan09.
Uploaded on June 9, 2010. Modified on August 29, 2016. Published by the Texas State Historical Association.