William Woodward, Sr.

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William Woodward, Sr.
Born April 7, 1876[1]
New York, New York[1]
Died September 25, 1953[1]
New York, New York[1]
Residence New York, New York
Collington, Maryland
Rhode Island
Nationality United States
Education Cutler
Groton
Harvard, B.A., Master's, Law[1]
Occupation Banker
Employers Hanover National Bank[1]
Known for President of Hanover National Bank
Owner of Belair Mansion and Belair Stud[1]
Board member of Hanover National Bank
St. John's College[1]
Spouse Elsie Ogden Cryder[1]
Children Edith Woodward
Ethel Woodward
Elizabeth Woodward
Sarah Woodward
William Woodward, Jr.
Parents William Woodward
Sarah Abagail Rodman[1]

William Woodward, Sr. (April 7, 1876September 25, 1953) was an American banker and major owner and breeder in thoroughbred horse racing.

Contents

[edit] Background

Born in New York City to William Woodward and Sarah Abagail Rodman, William comes from a prominent and wealthy Maryland family that dates back to colonial times.[2] The family made their fortune in selling textiles to the Confederate government,[3] and his father was the founder of the New York Cotton Exchange.[2]

He studied Groton and at Harvard, graduating in 1898, and Harvard Law School in 1901.[2][4] In 1901, he was admitted to the bar.[3]

[edit] Career

For the next two years Woodward lived in London, UK where he served as secretary to the United States ambassador to Britain, Joseph Choate.[4] There, he joined with other members of the political and economic elite including King Edward VII, at fashionable events including thoroughbred horse races,[4] the favorite pastime of English royalty and nobility.

Upon his return to New York in 1903, Woodward was made vice president of Hanover National Bank in New York City by his uncle, his uncle James T. Woodward who was then president of the bank.[3] William Woodward Sr.'s father had helped James purchase a large portion of the bank years earlier before his death.[5]

In 1903, William Woodward met Elsie Ogden Cryder at Saratoga, New York,[3] and they were married at Grace Church in New York on October 24, 1904.[6] They had a son, William Woodward, Jr., and four daughters.[1]

Following his uncle's death, William Woodward, Sr. became president of the bank in 1910, serving in that capacity until a 1929 merger when he was appointed chairman of the new corporate entity called Central Hanover Bank & Trust.[3] William Woodward inherited a controlling interest in Hanover National Bank plus the historic Belair Mansion and Stud in Collington, Maryland.

[edit] Belair and Thorougbred Racing

Belair is a very historic estate where Colonial Governor of Maryland, Samuel Ogle had brought the first thoroughbred horses imported to America from England in 1747.[7] James T. Woodward acquired it in 1898 for an undisclosed sum of money.[8] William Woodward built the Belair Stud into the dominant breeding and thoroughbred horse racing operation in the United States during the 1930s, 40s, and 50s.

Horses bred by Belair won every major Stakes race in the U.S. including two Triple Crowns as well as the Epsom Oaks, St. Leger Stakes, 1,000 Guineas, and other important races in Britain. Woodward's accomplishments in horse racing led to him making the August 7, 1939 cover of Time magazine.

Woodward was elected to the United States Jockey Club in 1917 and served as its chairman from 1930 until 1950.

In 1950, Woodward was elected an honorary member of the British Jockey Club.

[edit] Legacy

He died in 1953, aged 77, leaving the estate to his son, William Woodward, Jr., whose untimely death a few years later in 1955 saw the end of Belair Stud.

Today the Belair Stable Museum in Bowie, Maryland highlights the work of William Woodward, Sr and others connected to the Belair Stud.

[edit] References

  1. ^ a b c d e f g h i j k Baltz, Shirley Vlasak (2005). Belair From the Beginning. Bowie, Maryland: City of Bowie Museums, 118-128. 
  2. ^ a b c Warfield, Joshua Dorsey (July 1905). The Founders of Anne Arundel And Howard Counties, Maryland. Baltimore, Maryland: Kohn & Pollock, pages 123-125. ISBN 0806379715. 
  3. ^ a b c d e Bowen, Edward L. (2003). Legacies of the Turf: A Century of Great Thoroughbred Breeders. Eclipse Press, pages 73-76. ISBN 1581501021. 
  4. ^ a b c Heckman, Lucy (2004). Damascus: Thoroughbred Legends. Eclipse Press, page 11. ISBN 1581501110. 
  5. ^ James T. Woodward, The Banker, Is Dead, April 11, 1910, pp. 1, <http://query.nytimes.com/mem/archive-free/pdf?res=9C04E1D81139E333A25752C1A9629C946196D6CF> 
  6. ^ A Day's Weddings: Woodward Cryder”, New York Times: 9, October 25, 1904, <http://query.nytimes.com/gst/abstract.html?res=9B06E5D8113DE633A25756C2A9669D946597D6CF> 
  7. ^ Baltz, Shirley Vlasak (1984). A Chronicle of Belair. Bowie, Maryland: Bowie Heritage Committee, pages 14-19. 
  8. ^ Baltz, Shirley Vlasak (1984). A Chronicle of Belair. Bowie, Maryland: Bowie Heritage Committee, page 70-73. 

[edit] External links