William Newton Monroe
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William Newton Monroe (1841–1935) was a school teacher, banker, hotel manager, mayor, council member, real estate developer, broker, railroad contractor and railroad superintendent and a founder of the city of Monrovia, California.
In 1875 Lucky Baldwin's Los Angeles Investment Company began subdividing and selling parcels from many of his ranchos. In 1883, 240 acres (970,000 m²) of Rancho Santa Anita were sold to William Monroe for $30,000. Additional parcels of Rancho Santa Anita were sold to Edward F. Spence, John D. Bicknell, James F. Crank, and Jeremiah F. Falvey.[1] The men then joined their properties to form the Monrovia Tract with the first subdivision being the Town of Monrovia.
In 1935 Monroe died at the age of 94. He is buried in Live Oak Memorial Park on Duarte Road in Monrovia.[2]