The town of Colt was incorporated in 1916. H. S. Richardson was the first Mayor. Others who have been Mayor are J. A. Gatten, Gene Kerr, R. E. Higgs, R. E. Ellis, and Charles Drury. L. G. Fitzpatrick is the present Mayor. At the time Colt was incorporated it had two cotton gins, six general stores, one drug store and two saw mills.
Colt now has two stores, one filling station and one gin.
The town has two churches, Methodist Church and Baptist Church. This writing states that William Mitchell Taylor came to St. Francis County in 1826, it should read Phillips County because St. Francis County was incorporated October 13, 1927. This material may not be copied for any purpose other than research without prior written permission.