Newark evening star and Newark advertiser., 1914-12-24
CO.
SIGNS LEASE Of
STORE BUILDING
New Firm Takes Over Property
at Broad Street and Gen.
traI Avenue.

A new business enterprise Of pre-
tent'ous proIprt ons was launched Ia
Newark yesterday when a twenty
year lease was signed by the Hahne-
7 Stagg Company, a recently organized
corporation, for the building at the
/ southwest corner Of Broad street and
| Central avenue for a term OF years
/ The lease was cons pmmated
through the Philip J. Bowers Com
pany and the Fairchild- Baldwin
( Company,
In this modern structure, admir-
/ ably fitted for the purpose. will be
established a hlgh-class furniture.
/ carpet, rug and upholstery store,
I which will bo conducted along the
most modern and progressive lines
| 1t Will be d store different in many
! particulars from any Newark now
! possesses, and the personnel Of ths
firm Is guarantee that IL will be
energeticallN and ably managed.
The incorporators are August
! Hatne, sr., John E. Stagg, August
Hahne, jr., and Edwin H. Stagg.
August Hahne IS native Of
Newark and ie well known because
OF his long association with his
father and brothers IN the Hahne &
Co. store in this city, and later with
the Fla hne & Co Corporation after
It was absorbed ny tne Clefiin inter
ests.
Has Wide ExpFiienee.
For ten years Mr.. IIahne was as
sociated with tie larger concern In
the management of the McCreery
Company and O'Neill-Adams Com
pany stores In New y York. and alter
ly was general manager of the
O'Neill- Adams COMPANY, retiring two
years ago.
Mr. Hahne is usoted for his wide
knowledge of merchandise, ability in
store management and aggressive
ness, and he had much to do with
the planning OF the big Newark
store and the McCreery store in
Thirty fourth street.
He is particularly experienced In
the furniture lines, because Of his
management OF these departments
for many years.
John Il. Sragg is one of the
most widely known men in the furni-
ture business, having for many years
been one of the largest buyers of
furniture III America.
Mr. Stagg began his career with
Locker Brothers one of the old-time
furniture stores Of Newark. with
whom be served two and half years
Later he was with Hahne & Co., this
city, for twenty-nlne years, and the
last two years has been furniture
and upholstery buyer and manager
for the O'Nel'l-Adams Company.
For ten years Mr.. Stagg managed
both the Hahne 6, Co. and O'Nelll-
Adams Company furniture and up
holstery departments in contunc-
tion.
August Hahne, jr., has just
graduated from the Ashevi'le. N. c..
Preparatory School. He comes into
and energy. well equipped to play
his part in the organization.
Edwin H. Stagg son Of John z.
Stagg, comes fresh from the Mont
clair Military Academy. and will en-
ter into the new firm intent on MAX
ing It big success.
To Open in March.
The Hahne-Stagg Company antici-
pate opening for business about
March I, preparations for which
event will be. pushed forward as rap
idly as possible
An Institution OF which Newark
can be proud Is promised the people
of Newark and vicinity-"Just such a
store" says Messrs. Hahne and
Stagg. "as Newark has wanted and
deseryes--a high-class, wel-kept in
stitution in which trading will be
pleasure"
Medium and high grade lines Of
furniture and upholstery will be car
ried. such as is found in the better
New York speciality shops.
The new firm selected the location
at Broad street and Central avenue
because they believed 1t was a COM
ing centre of traffic and would in a
very few years be one OF the busiest
corners IN the city
Real estate men ard others regard
this new enterprise as the beginning
OF the real development of the i'm
mediate vicinity of Broad street and
Central avenue, and the event is
heralded as an indication of the faith
in the future of this district and OF
Newark itself