The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-04-11
JAMES 7. WOODWARD IS DEAD
MEAD ~ THE HANOVER BANk
FOR THIRTG YEARS.

80 the mAah AZ nay Tuesday An Attaah
% ADspissy Nsae nlsguinu mad Been
Prasaaen1 - ths CleaFing llsuse-
GRaIrwaa 70 BIs CssnmItsss N paslo.
JAmss T. Woodward. president Of the
Hanover National Rama since 1871. diSd
yesterday u AD0plsHy 81 his homo. .
Fast Fifty -sixth street. Dir. Woodward
vent down 10 thS banking OdioO AZ II
NaaAAu street Early On Tuesday. getting
% hls dsak at $50 A. H.. a. was hls O,aS-
tom. and remaining downtown latS
After dinner alone at bic hOmO-Aa wan q
bacholor-Mr. Woodward vent 20 bed.
On Wednesday morning he did not fosi
veil end went bAok 70 bed. He was tAken
With ap0plsxy RoOa after and sAnk grAdu-
ally.
Ihs Hanover Bank vas Mr.. Wood
Ward's chief business interest," Hs and
bic brother. william Woodward. Jr..
acquired control In Il In lsT7. when they
bought out tbs holdings Of J. 4 J. Stewart.
James I. Woodward had been q director
for four years. before that. When no and
HE brother got control Mr. Woodward
retired from the importing firm Of ROss.
=
ner. and devoted himself 20 the bank.
The Hanover thsn had deposits Of $780,
OOO The bank statement Of last 6atur-
dav put the average deposits At about
s7s 40 600 The Hanover ranks in tho first
six hanks 81 the city-the National City.
First National. National Bank OF Com
mercs. the Chase and the Park being
ahead Of IL in magnitude Of deposits.
Mr.. Woodward. who was about 70 years
old. was born IN Maryland and educated
IN the schools % Baltimore. He was not
= college man. but later he became a tras-
tee u 81 John College. AnnapoliA Tie
came 10 this city not long AFT r the civil
war and entered the employ % Ross.
Campbell n Co.
Outs,de % the Hanover his next great
cot business interest was IN the Union
Trust Company Of which he was . trustee.
lie was also Interested In the dev slop-
meut ot Alabama He Wa1 director
Of the Birmingham Realty Company and
% the Birmingham Trust and savings
Company. He vas also for some time
holder q IarEs interest 10 Lsnne;'s ..
that ia 1878 before that company parsed
into the control Of the Steel Corporation.
lie waa q director Of the First National
Bank Of baltimore. OF the Mercantile
Trust ana DeDo8t company OF haitlmOres
Of the Greenwich Rank OF this utty. the
Madison SQUARE Company. the Southern
Railway Company. the Union Safe De-
posit Company. the New York Clearing
House Building Company. and the New
port Trust Company.
In October. Ises. Mr. Woodward vas
eleoted presRdsut Of the New York Clear
ing HOUSE Ne was chairman OF the
clearing house. committee In 1901. the
panic year. and worked very hard to
bring about order IN the Affairs 81 the
banks thar were in difsctlltiss.
Mr.. Woodward was Q msrnber OF several
clubs, notably The Union. Met ropolitan.
Knicksrbocker and Riding. lie vas q
vsstrvman % ~. Tbomas's Church. where
funeral services for him are to be held
on Tuesday neHt at SD O'Clock IN the
afternoon The intermSnt wall be ~
Woodlawu Mr. Woodward was de-
scVibsd generally by HE friends a. . man
OF groat independence OF thought and
With an unvarying bold to those ideals
IN whioh he honestly believed. Of sound
business judgment and broad knowledge
OF the banking business. He had many
warm friends among thOse whom he met
Of business hours. IL was al
ways his custom TO be early at work ~
he Hanover Bank. and he remained there
until the very last every day
Hts home for the last sev enteen vears
had been IN the house az . Fast Fifty
~ nth street. which he built himself
HIS only relative % the Woodward name
10 his nephew. William Woodward u
vice-pr~sident % the bank. Tie has
other relatives IN Maryland.