Perth Amboy evening news. [volume] (Perth Amboy, N.J.) 1903-1959, 1922-10-10
?. 4. TRUST CO.
TO CELEBRATE
Industrial Exhibit at Bank viii
be Opened Next Mon
day

October is will mark the twen-
tieth anniversary of the Perth AM
boy Trust Company, one of the
leading banking in stituticns. in the
city and county. The charter was
gran..d March 10. 1902. and the
bank opened for business in the
ground floor of small building at
the corner of Smith and King
streets with a capital of $100,000.0O
on October Is of the same year.
When the Trust company opened
for business the population of the
city was 1889 and the deposits at
the close of the first year were
$147.949.31. At the present time
the population of the city is 41,707
and at the close of business on July
81 the deposits of the Trust COM
pany were $4.150,544.94.
In order to fittingly celebrate this
marvellous growth the officials of
the institution have arranged for an
industrial exhibit which will be one
of the greatest affairs of this kind
ever attempted by a local organiza-
ton and will give the people of the
city and vicinity an opportunity to
learn what is manufactured by the
many industries and the course of
manufacture of many of the ar
ticles.
In order to give the building the
finest appearance possible in honor
of the occasion and to set off the
exhibits to the best advantage, Lag
gren Brothers Company, Inc. of
Elizabeth, have been employed to
place the decorations. The exhibits,
which will number twenty-three,
will be situated in the room occu-
pied by the foreign department. The
firms who have signified their in
tentions in placing exhibits are:
American Smelling & Refining
Company, Atlantic Terra Gotta
Company, Carborundum Company,
Chesebrough Manufacturing Com
pany, Consolidated Cigar Compan., /,
Embed Art Company. General ce-
ramics Company. General Cigar
Company. Otto E; Hanson Com
pany. Julius AKlorein. Garcia
Grande), Lehigh Valley Railroad
Company, Perth Amboy Dry Dock
Company, Perth Amboy Tile Conn
pany, Pennsylvania Railroad Com
pany, Public Service. Perth Amboy
Evening News Company, Roessler
&. Hasslacher Chemical Company,
Rippen Tobacco Company, South
Amboy Terra Gotta Company, NJ. d.
Valentine & Brothers and P. White
4 Son, Inc.
These extensive alterations ordi-
rarily would have been sufficient for
year sof reasonable growth, but the
progress and development shown at
that time, increased greatly so that
in 1919 it became necessary to ac-
quire the adjoining property and
convert it for banking purposes. In
the new addition is located the for
eign department. special interest de-
partment. real estate department
Christmas Club department and a
department of publicity. new busl-
Eess and conference room. This
left the main building exclusively for
the use of the commercial trust and
safe deposit departments.
At the present time there are but
two of the directors on the board,
who were directors of the institution
when originally founded. They are
Judge Charles c. Hommann and Ev-
erett L.. Brown. The list of directors
as published in a statement at the
close of business on April 10, 1908.
are: Garret Brodhead. Everett L.
Brown. Joseph Chapman. Daniel c.
Chase, William A. Conner, Milton A.
Edgar, Adam Eckert, Oscar L. GU
CONTINUED on page AZ