Carpenter's Bluff is on the Red River and Farm Road 120 twelve miles northeast of Sherman in extreme northeastern Grayson County. The settlement, established about 1860, derived its name from that of an early settler who operated a ferry across the Red River. After 1865 a number of disreputable persons who frequented the local general store and saloon earned the community the nickname Thiefneck. Law-abiding citizens soon drove these men from Carpenter's Bluff, however, and the nickname was forgotten.
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