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Reid Atwater Maynard, a Caswell County native, started a career in banking after serving in World War I and graduating from the University of North Carolina at Chapel Hill in 1919. It was while he was an assistant cashier at the Bank of Commerce in Burlington that he met his wife, Grace Moore Maynard, a Burlington native who also was a Bank of Commerce employee and a graduate of Women’s College in Greensboro, now the University of North Carolina at Greensboro. In 1927, five years after the Maynard’s married, Mr. Maynard left banking and organized Grace Hosiery Mills, Inc. - named for his wife - and started producing men’s hosiery. It was the first of several mills that he would open and a move that launched a lengthy and notable career in the textile industry, which had significant impact on Alamance County’s economy and put Burlington on the map as “Hosiery Center of the South.” In the span of his career, Reid Maynard organized Tower Hosiery Mill, Long Finishing Mills and Webco Mills, which later merged into Dan River Mills. He served as director and chairman of the National Association of Hosiery Manufacturers. At the time of his death in September 1983, he was serving as chairman of the board of Tower Hosiery Mills and was a director at Leath, McCarthy and Maynard, Inc., Lemco Mills and Copland Fabrics. During his 35 years as an Elon trustee, the same number of years he devoted to the board at the University of North Carolina at Chapel Hill, Reid Maynard served on the committee that selected former Elon President J. Earl Danieley. He received an honorary doctor of laws degree from Elon in 1970. In testimony to their commitment to Elon and philanthropy, Maynard Hall, a residence hall in the former Story Center complex that first opened in 1982, was named in their honor. After his wife, Grace’s death he donated their family home to the University, Maynard House, which now serves as the President’s house.

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