This is "Jackson's only surviving public square from Peter Vandorn's original city plan of 1822...The original town plan resembled a chess board with the white squares to be sold for lots and the black squares to remain as parks or open wilderness...Named for James Smith, Scottish manufacturer, Confederate benefactor and Jackson resident, 1834-1855, who donated funds for a fence around the park in 1884." Renovated in the 1970s, obviously.
Hegel says somewhere that all great historic facts and personages recur twice. He forgot to add: "Once as tragedy, and again as farce." (Karl Marx, The Eighteenth Brumaire of Louis Napoleon)