Description: Pictured here is the construction of the foundation of the Oxford Hotel (including the First State Bank & Trust Company) in 1906. The hotel was located at Oak and Hubbard Streets. H. N. Frost, father of Cleo T. Bowman and grandfather of Frost Bowman, built the Oxford and founded the bank, which was located on the west side of the building. Some few of the buildings pictured are still  standing. The hotel was owned by the estate until the late 1920's. The Oxford Hotel met its doom by fire in later years. This photograph is featured in "Time was in Mineral Wells" on page 147.