Webb Henry Cox, Sr., age 88, of Dallas, Texas, passed away January 22, 2015, in Dallas.
Webb was born June 22, 1926, in DeSoto, Texas, to Hayes and Woodie (Stevenson) Cox. He graduated from DeSoto High School in 1944 and went on to proudly serve in the United States Army as a Staff Sergeant during World War II. He spent three years active duty in France, Germany and Czechoslovakia.
Webb married Dorothy Skinner on December 20, 1948 in Rockwall, Texas. He earned a Bachelor's degree in Dairy Manufacturing and Production from Texas A & M University in 1951. He went on to complete his Masters degree from SMU two years later.
Webb began his career in dairy manufacturing and later became a school teacher and later sold insurance until 1971. In 1971 he became the City of Greenville, Texas Industrial Consultant for 14 years.
Most significantly, he pioneered the business of packaging government loans for small businesses by forming the North Texas Certified Development Corporation in 1981. Through the assistance of NTCDC, he enabled hundreds of businesses to begin or expand and achieve success. He was President of NTCDC for many years. He sold the business several years ago, but remained on staff as a Business Development Officer. He fully retired last year.
Webb loved his work and his industry (small business lending). During his time at the helm of NTCDC he was a mentor to many of his peers and area lenders and was an inspiration to many in the industry. He was recognized as SBA's Financial Services Champion of the Year and he was also the first recipient of the Lifetime Achievement Award, bestowed by the North Texas Association of Government Guaranteed Lenders. This industry association has now set up a memorial scholarship to honor his legacy. If you would like to donate to the Webb Cox Memorial Scholarship, please see details below.
He is survived by his wife, Dorothy Cox of Dallas, Texas; son, Henry Cox, Jr. and wife, Karen of Dallas, Texas; daughters, Barbara Cox, of Dallas and Betty Rosenthal and husband, Brent, also of Dallas; and grandchildren, Crystal Rosenthal and husband, Scott Gleeson, Benjamin Rosenthal, Lauren Rosenthal, and Leah Rosenthal, all of Dallas.
He was preceded in death by his parents, brother, Thomas Cox, and sister, Stella Cox.