Lisman was named after a 19th-century railroad investor at the time of construction of the nearby rail line.

[citation needed] Lisman is located in northern Choctaw County at 32°10'19.978" North, 88°17'21.667" West (32.172216, -88.289352).

[4] In 1962, local residents participated in "a federal lawsuit challenging the white Choctaw County registrars who were rejecting 95 percent of black voters’ applications.

"[5] Martin Luther King visited the town to lead a rally for voting rights on April 30, 1966.

[5] A 2019 article described Mayor Jason Ward's plans to hire a police officer and rebuild the abandoned school library.