A land development project of W. C. Johnson and George P. Pugh of Danville, Illinois, this town along the St. Louis, Brownsville and Mexico Railway was laid out in late 1906. A post office was established in the Bonnie View Land Company Hotel in 1907, and the town was named for Captain Tobias D. Wood, who had sole his Bonnie View Ranch to Johnson and Pugh. A public square was included in the official town plat in 1908 and it became the center of the economic growth and civic enterprises that characterized the early development of Woodsboro. The Woodsboro Commercial Club was founded in 1914. Among its more lasting contributions was a waterworks installed in the town square. The town was incorporated in 1929. The plaza remains a center for civic activities in Woodsboro. (1999)