The town of Krum was founded in 1886 when the Gulf, Colorado and Santa Fe Railroad created the town site. According to Gulf, Colorado
& Sante Fe records, Krum was named for Charles K. Krum, a
railroad official .
In 1900 Krum held the record for being the
world's greatest inland wheat market. In that year,
more than a million bushels were hauled in by
wagon and shipped by the Santa Fe Railroad.
