Breckenridge "Breck" Stephens Walker (1877-1929), born in Stephens County to E.L. and Molena Jane Yancy Walker and named for the town and county of his birth, operated a livery and a stage line between Breckenridge and Ranger with his brother B.B., met his future wife Cora Alice Davis on those stagecoach trips, and married her in 1897. After the brothers purchased a hardware store, Walker pursued banking, joining the First National Bank of Breckenridge as a cashier in 1904, later acquiring controlling interest and becoming its president. During the same period, he bought large areas of local land for cattle ranching. After oil was discovered in the Breckenridge area in the 1910s, he joined Judge Clifton Mott Caldwell to form the Walker-Caldwell Oil Co. in 1917. When an oil boom transformed Breckenridge in 1920 and the town's population grew from about 1,500 to 15,000 in a single year, bringing prosperity and growth to the area, Walker opened the town of Breckwalker nine miles south of Breckenridge as a supply center for the oil industry, but it never prospered and disappeared as the boom subsided. His company built Breckenridge's first water system, established a daily newspaper, and constructed several buildings and churches. In 1925 Breckenridge's leaders appointed him mayor, and he served until poor health forced him to leave office in 1928. He died of pneumonia on January 16, 1929, and was buried in Fort Worth.