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Quincy unveils restored downtown mural revealing rich history

How Coca-Cola millionaires came to be
Posted at 11:28 PM, Oct 13, 2020
and last updated 2020-10-13 23:28:42-04

QUINCY, Fla. (WTXL) — A historic mural in downtown Quincy got a fresh coat of paint. The restoration also helped color the city’s legacy.

Quincy was once the richest small town in the United States. It was all thanks to a banker named Pat Munroe. In the 1920’s he invested in Coca Cola and convinced more than 60 of his Quincy neighbors to join him.

The group is now called the Coca-Cola Millionaires.

Coca-Cola stock costing $40 in 1919 would be worth an estimated $6.4 million today.

Everybody knew Munroe as Mr. Pat and his great-grandson shared how that smart investment shaped Quincy.

“It’s about the city it’s not about the family,” said Mayo Woodward. “It’s about what the city means to our family. But not just our family, all families from here. I said that earlier. The fact that people may live in Birmingham or live in Atlanta or New York but they’ll always consider Quincy their hometown. That’s how we look at this.”

The refurbished Coca-Cola mural is located on the corner of East Jefferson and Madison street on the side of the historic Padgett Jewelry store in downtown Quincy.