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A group of people, including Lewis Paullin, settled Shive in the 1870s. A man named Robert Shive was the namesake of the community. A post office opened inside a store operated by Robert and James W. Shive in 1884; Robert Shive was appointed as the postmaster. By 1908 the community of Shive had four stores. Around that period a cotton gin operated. In 1910 Shive had 50 residents. The post office closed in 1936. In 1940 Shive had 64 residents. In the period from 1980 to 2000 Shive had 61 residents.
Shive is located in the Hamilton Independent School District.
Shive received its first school, called the Union Hill School, in 1883.
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