July 4 in San Antonio history…
San Antonio’s plans for a Bicentennial parade are drenched by 1.5 inches of rain that falls just before the parade is due to start. Bill Roth, parade chairman, said that 40 to 50 of the expected 300 entrants did not show up for the parade, predicted to be the largest in San Antonio history.
476 properties are foreclosed today on the steps of the Bexar County Courthouse, the most significant of which was The Republic of Texas Plaza (formerly First RepublicBank Plaza) which contains the facade of the Texas Theater along Houston Street. NCNB bought the note on the building for $15 million on a $70 million note. Also, Bexar Savings foreclosed on a 158-acre tract of land near the future Opryland USA theme park at Loop 1604 and Interstate 10 West (now Six Flags Fiesta Texas.) The original note was for $27.57 million and Bexar Savings purchased it for $10.63 million.