Gracy, Bessie Wells

John Adam Gracy, the eldest child of David Bergen Gracy and Emma Lee (Caldwell) Gracy was born on August 20, 1888. He was educated at Texas A&M and received his law degree from University of Texas School of Law in 1910. Initially joining his father's business, the Gracy Title Guaranty Co. in Austin, TX, John went on to serve as President of Guaranty Mortgage and Realty Company from 1927 to 1933, and as Vice President of the Capitol National Bank from 1935 to 1950. While at Capitol National Bank, John was the first banker in central Texas to make Federal Housing Administration government loans, a program that greatly changed the nature of loans, allowing repayment over longer periods of time in smaller installments. Active in community life, John served on the Austin, TX draft board, volunteered for the Red Cross and Boy Scouts and was a member of the Austin Genealogical Society. John married Bessie Wells on December 5, 1917 in Austin, and had one surviving child, Jane Gracy (Bedicheck) born September 9. 1918. He passed away August 5, 1965 and is buried in Oakwood Cemetery, Austin, TX.

Bessie Wells Gracy was born August 20, 1890, a daughter of Peter C. and Catherine F. (Walling) Wells of Austin, TX. Bessie Wells married John Adam Gracy on December 5, 1917 in Austin and had one surviving child, Jane Gracy (Bedicheck) born September 9. 1918. Bessie Wells Gracy was a member of Virginia Society of Colonial Dames of America and University Methodist Church, Austin, TX. Bessie Wells Gracy passed away February 5, 1975.

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