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==History== The city was founded in 1853. At the time of its incorporation in 1858, the city had a population of about 1,950. On November 11, 1919 [[Lynching of Jordan Jameson|Jordan Jameson was lynched]] in the town square of Magnolia. A large white mob seized Jameson after he allegedly shot the local sheriff. They tied him to a stake and burned him alive.{{sfn|McWhirter|2011|p=241}} The city grew slowly as an agricultural and regional cotton market until the discovery of oil just east of the city in March 1938, with the Barnett #1 drilled by the [[Kerr-McGee|Kerr-Lynn Company]]. The Magnolia Oil Field was an important discovery for the city as well as for the nation, as it was the largest producing field (in volume) during the early years of [[World War II]], helping to sustain the American war effort. In March 2013, more than 5,000 barrels of oil leaked from a [[Lion Oil]] Trading & Transportation storage tank in Magnolia, with some flowing into a [[bayou]].<ref>{{cite news|url=https://www.wsj.com/articles/SB10001424127887323463704578495431880326740|title=Latest Pipeline Spill Is Mostly Contained|first=Alison|last=Sider|newspaper=Wall Street Journal |date=May 20, 2013|via=www.wsj.com}}</ref>
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