Throughout the 20th century, Alabama was filled with “company towns,” villages owned by mining and mill corporations. The villages had a company store, a school, churches and homes for employees and their families.
One such village was Holt, a Central Iron and Coal Co. town on the banks of the Black Warrior River in Tuscaloosa County.
After the company folded, the town of Holt was sold at auction, bringing $103,000 in February of 1941. Today, Holt still exists as an unincorporated community and it is not privately owned…