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James E. Folsom was born 1908 Oct. 9 to Joshua Marion and Eulala Cornelia Dunnavant Folsom in Farmer's Academy, Coffee County, Ala. When he was two the Folsom family moved to Elba. James E. was the sixth of seven children.

Folsom attended public schools and attended both the University of Ala. and Howard College for short stints in the years 1927-1929. During the Depression Folsom worked in the Civil Works Administration, heading up the Marshall Co. office until 1934. He entered the insurance business in the 1930s, after attending George Washington University in 1935.

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