Samuel M. Holt was born in 1862 and was the son of James Henry Holt, a textile merchant, and Laura Moore of North Carolina. After spending over ten years at sea, Samuel and his brother William ran the Lakeside Mills in Burlington, North Carolina. After his father died in 1897, Samuel moved with his brother to be a cattle rancher in Texas. He married Sarah Belle Griffith and had two children, Thomas Holt and Mrs. Webber Williams. Samuel died in Paris, Texas in 1924.