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Created around 1889 by the Tennessee Midland Railroad Company ( TMRC ), the city of Parsons was founded by Henry Myracle when he deeded 143234254 acre to the TMRC to get a town started on his land.
The railroad established Parsons Improvement Co. and Henry Myracle maintained the town.
The rail depot was located where the present day BP One Stop is located.
A commercial lot which was used as a tie yard was where the present day Community South Bank is located.
A storage lot and livestock pens were located where Townsend Chevrolet is presently located.
There was a large water tank beside the depot and two packing houses nearby for Farmers produce.
There was also a town pump and a small park near the water tank.

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