Named in honor of renowned pioneer family of Asbery A. Callaghan. Erected 1970 through bequest of local businessman H.J. "Friday" Hughes (1901-1968), son-in-law of Asbery Callaghan. In 1890 A.A. Callaghan came to Texas with his parents, the J.R. Callaghans. After his father's death, he took over the family general store and was elected to almost every public office in city. Served as Deputy Sheriff, county treasurer, County Judge, school board member, director of First National Bank, and steward in Methodist Church. Won respect throughout region.

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