Later reporting (1911) attributes failure to cashier embezzlement during the 1907 panic.
Events (4)
1.June 25, 1904Chartered
Source
historical_nic
+3.4 years
2.November 7, 1907Suspension
Cause
Bank Specific Adverse Info
Cause Details
Board of directors ordered suspension on Nov 7; later evidence indicates cashier Will F. Woods' embezzlement precipitated failure.
Newspaper Excerpt
The Woods National Bank of this city suspended shortly after noon today.
Source
newspapers
+2 days
3.November 9, 1907Receivership
Newspaper Excerpt
Henry N. Morris, receiver of ... the Woods national bank of San Antonio, Tex., ... has accepted the appointment ... (article mentions Morris as receiver).
Source
newspapers
same day
4.November 9, 1907Receivership
Source
historical_nic
Newspaper Articles (12)
1.November 8, 1907The SunNew York, NY
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Article Text
Texas National Bank Suspends Payment. DALLAS, Tex., Nov. 7.-State Commissioner of Banking T. B. Love received a telegram from San Antonio this evening announcing that the Woods National Bank, a $200,000 institution. had suspended payment to-day. The statement is made that the bank is solvent
2.November 8, 1907Arizona RepublicanPhoenix, AZ
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Article Text
SAN ANTONIO BANK SUSPENDS. San Antonio, Nov. 7.-The Woods National bank of this city suspended shortly after noon today.
3.November 8, 1907The Montgomery AdvertiserMontgomery, AL
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Article Text
Texas Bank Suspends. San Antonio, Tex., Nov. 7.-By order of the Board of Directors of the institution, the Woods National Bank of this city suspended shortly after noon today.
SMALL BANK SUSPENDS. SAN ANTONIO, Nov. 7.-Woods National Bank of this city suspended shortly after noon.
6.November 8, 1907The Marion Daily MirrorMarion, OH
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Article Text
A National Bank Fails. San Antonio, Tex., Nov. 8.-By order of the board of directors of the institution, the Woods national bank, of this city, suspended Thursday. Its last statement showed deposits of $1,292,000
7.November 8, 1907The Cairo BulletinCairo, IL
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Article Text
TEXAS BANK SUSPENDS. San Antonio, Tex., Nov. 7.-By order of the board of directors of the institution the Woods National Bank of this city suspended today. The liabilities statement of August 22 last shows a capital and surplus of $215,862, circulation $200,000; deposits $1.292,256.
8.November 8, 1907Los Angeles HeraldLos Angeles, CA
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Article Text
Texas Bank Suspends By Associated Press. SAN ANTONIO, Texas, Nov. 7.-The Woods National bank of this city suspended shortly after noon today.
9.November 8, 1907Bryan Morning EagleBryan, TX
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Article Text
Bank Suspends Payment. San Antonio, Nov. 7.-Woods National bank has suspended payment. The statement is made that It is sol vent.
SMALL BANK SUSPENDS. SAN ANTONIO, Nov. 7.-Woods National Bank of this city suspended shortly after noon.
11.March 23, 1910The San Francisco CallSan Francisco, CA
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Article Text
RECEIVER MORRIS IS NAMED BANK EXAMINER Will Cover San Francisco-Alameda County District OAKLAND, March 22.-Henry N. Morris, receiver of the Union national bank of this city and the Woods national bank of San Antonio, Tex., has accepted the appointment of national bank examiner for the district comprising San Francisco and Alameda counties at the request of the comptroller of the treasury. Morris takes the place of C. F. Roreback, who has been transferred to Chicago. Roreback came to Oakland and took temporary charge of the Union national when the bank was closed. Morris succeeded Roreback as receiver. He has rapidly wound. up the bank's affairs, and they are in such excellent condition of liquidation that the creditors will receive dollar for dollar with interest. Morris expects to close up the settlement this year. Concerning his new duties Morris said tonight: "The affairs of the two banks which I have been handling are in such shape that I can take up the examiner's WOI which the comptroller of the current has asked me to handle. That is th situation in a nutshell. I shall sontinue to handle the Union national's affairs in connection with my increased duties."
12.August 31, 1911Shiner GazetteShiner, TX
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Article Text
PARDON FOR WOODS. Friends of Former San Antonio Banker Are at Work. San Antonio, Texas, August 46.-The friends of WillF. Woods, former cashicr of the defunct Woods National Bank, who is serving a term of eight years in the Leavenworth penintentiary for embezzlement, are at work to have him pardoned. This action followed the announcement that another dividend will be paid on deposits in the defunct bank, This will make 98 per cent of the total amount returned to the depositors. National Bank Examiner H. N. Morris, who was former receiver of the bank, is now here in regard to the matter. Woods' defalcation resulted in the bank's failure during the panic of 1907.
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