Wallace Edwards Johnson

Wallace Edwards Johnson

Birth
Edinburg, Leake County, Mississippi, USA
Death 27 Apr 1988 (aged 86)
Burial Memphis, Shelby County, Tennessee, USA
Memorial ID 8815473 · View Source
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Wallace E. Johnson, one of the founders of Holiday Inns died Wednesday, April 27, after a heart attack at his home. He was 86.

Although note for helping found Holiday Inns, he was the subject of national news mwdia attention as a home builder. Mr. Johnson was called "Henry Ford of housing" because he pioneered mass production techniques to make inexpensive housing. His first World War II homes cost $2,995 and that price included the lot.

Mr. Johnson was born in Edinburg, MS and worked as a carpenter as a youth and later as a salesman for a builders suply house in Memphis. On December 31, 1939, he borrowed $250 to go into the home building businessto take advantage of the Federal Housing Authority's willingness to offer home loans covering most of the cost of a house.

In 1940 he built 181 homes and expanded by building houses for war workers. His work took off from there.

Mr. Johnson was a deeply religious man. Among his numerous philanthropies, he served as an international chairman of Here's Life, a Christian youth crusade.
Published in The Commercial Appeal on Wednesday, April 28, 1988.


Family Members

Spouse
Gravesite Details s/w Alma M. Johnson

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  • Maintained by: Linda Wayman
  • Originally Created by: Anonymous
  • Added: 23 May 2004
  • Find a Grave Memorial 8815473
  • Find a Grave, database and images (https://www.findagrave.com : accessed ), memorial page for Wallace Edwards Johnson (5 Oct 1901–27 Apr 1988), Find a Grave Memorial no. 8815473, citing Memorial Park Cemetery, Memphis, Shelby County, Tennessee, USA ; Maintained by Linda Wayman (contributor 47152231) .