Carol Stuart Watson, 54, an illustrator of calendars, cards, children's books and scientific subjects who also was a cofounder of The Georgetowner, a community newspaper in Washington, and Carriage Trade Publications, publishers of The Dining and Shopping Guide, died of cancer Jan. 19 at the Bethesda Naval Medical Center.

Mrs. Watson, a resident of Rockville, was born in Washington. She grew up in Bethesda and graduated from Bethesda-Chevy Chase High School. She earned a bachelor's degree at the University of Maryland, where she studied fine arts and journalism.

In 1954, Mrs. Watson and Amy Stewart founded The Georgetowner, which serves the Georgetown section of the city. In 1960, Mrs. Watson and her husband, David Deshler Watson, started Carriage Trade Publications, which they ran until 1979. Since then, Mrs. Watson worked as an illustrator for the Johns Hopkins University Applied Physics Laboratory.

Mrs. Watson drew many historical scenes in the Washington area, including a slide show of the history of Harper's Ferry that is shown daily at the National Park center there. She also drew the panda that is the symbol of the Friends of the National Zoo. In 1982 she received an award from the Printing Industries of America Inc. for a Christmas card she did for the Evergreen Press.

Mrs. Watson was a member of the Junior League and a volunteer with the Salvation Army, the United Way and the Travelers Aid Society.

In addition to her husband, of Rockville, survivors include three children, Marjorie Watson Young of Evans, Ga., and John Stuart Watson and David Deshler Watson Jr., both of Rockville; two sisters, Ann Colliver of Frederick, Md., and Lynn Towle of Vienna; and four brothers, Montrose Stuart of Hellertown, Pa., Christopher Stuart of Lake Como, Italy, Jeffrey Stuart of Gaithersburg, and James Stuart of Reston.