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Estate of Mrs. Gladys Owen

This scholarship was established in 1979 with a $15,000 donation from the Pepsi Cola Bottling Company of Cookeville, TN, and of Burkesville, KY in memory of Mr. Owen, a distinguished business and civic leader in Cookeville and the Upper Cumberland Area. Mr. Jesse Everet Owen was born and raised in the Smyrna community to farmer parents. After completing public school education, Jesse did farm work and odd jobs to earn tuition money for Pleasant Hill Academy and Tennessee Tech. After graduating from both institutions, Mr. Owen taught school at Morrison's Creek two years and at Rocky Point one year and then was named to the position of clerk for the City of Cookeville where he served for seventeen years. Following the example of a relative who took over a Coca Cola franchise and made a fortune, Mr. Owen decided to buy out Mr. Roy Luker, one of the partners in the Cookeville Pepsi Cola franchise, in 1941. In 1946, Mr. Owen bought out the other original partner Mr. John Wright. Before his death in February 1979, he established the Pepsi franchise in Burkesville, KY. Mr. Owen married the late Gladys Stringfield in 1945. The couple had one daughter, Katherine Owen. In 1979, Mrs. Owen donated another $15,000 to the scholarship; and in the late 1980s, she made a large contribution to the College of Business Administration's Capital Campaign to help establish the J.E. Owen Chair of Excellence in Information Systems.