You could possibly call it a ghost town but a few people still live in Palms located in the Thumb between Cass City and Lake Huron. I figured a name like palms it was named after the palm tree but as any astute Michigander will tell you there are no palm trees in Michigan. The village was settled in 1850 by Canadians John Smith & Michael Dyer. It was businessman Francis Palms who owned most of the land for timber, and when he brought the railroad to the little community in 1881 they named the town in his honor.
Palms owned the most land in Michigan in the mid-1800s in both the Lower and Upper Peninsulas. After harvesting the timber he sold the land but retained the mineral rights. He made a fortune of the copper that was discovered under the property he once owned. He was the president of the Michigan Stove Company and vice president of the Detroit, Mackinac and Marquette Railroad. At the time of his death, his estate and savings were worth over ten million dollars. The largest estate in Michigan at the time.
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