[5] According to the Encyclopedia of Oklahoma History and Culture, the present town of Weleetka was founded by three men from other communities who were having difficulty surviving in the newspaper business.
They had already learned that the St. Louis and San Francisco Railway (SL&SF or "Frisco") was building a line southward from Sapulpa, Indian Territory, to Denison, Texas.
The partners selected a suitable town site on a hill just north of the Canadian River that was owned by Martha Lowe, a Creek Indian who had received an allotment.
Someone suggested that the partners name the new site, "Weleetka", a Creek word that meant "running water" in English.
[4] The surrounding area was mostly devoted to agriculture, where farmers produced cotton, wheat, oats, alfalfa, fruits, vegetables, peanuts, and pecans.
[4] Weleetka was once a major railroad town, serving as the division point for the Fort Smith and Western Railway.
All train crews changed out in Weleetka; the town also housed major shops and repair facilities for the steam locomotives.
Trains entering town from the East were switched and broken down in Weleetka, and dispatched northwest for either Oklahoma City, Guthrie or El Reno.
The railroad provided regular passenger service and at one time boasted through Pullman sleeping cars to and from St. Louis and Oklahoma City.
The Missouri-Kansas-Texas Railroad withdrew trackage rights between Fallis and Oklahoma City in January 1939 after FS&W defaulted on rental fees, and when the Fort Smith and Western ceased operations on February 9, 1939, Weleetka lost its major employer.
The Weleetka Town Hall and Jail were included in the National Register of Historic Places listings in Okfuskee County, Oklahoma (NR 93000156).
[4] According to the United States Census Bureau, the town has a total area of 0.7 square miles (1.8 km2), all land.