New Britain herald., 1930-12-13
REPORTER ID HEAD
 FINANCE COMPAN
E. R. Dschant Leaving Herald to
 Join Fair Mortgage Corp.

The resignation of Ernest T.. Dechant. who has been on the staff of the Herald for almost i0 years, was announced today to take effect Saturday. December 27.
 Mr Dechant leaves to become president and general manager of the New Fair Mortgage Corp. which will open for business at 71 Corbin place, following his return from a brief vaca ion trip to New York and Pennsylvania, January 4.
 He is a native of Mount Carmel, Pa, and received his early educa- ton in the public schools of that town. At the age of 15 he worked in the anthracite coal mines, at the same time taxing q night course Tn McCanns business college at Ma honoy City, Pa.
 He first entered the newspaper busincss on the Mount Carmel Daily News where he was in turn circu- lation manager, advertising man. agcr, reporter, city editor and as- sistant managing editor. Later he became a reporter in turn on the Philadelphia North American, the Philadelphia Bulletin and the Will mington, DcL Every Evening.
 From Wilmington he went to Hanover. Pa. to become city edl- tor of the Evening Sun. reslgnlng there to return 10 Philadelphia and then to NJ punt Vernon, N. I., where he was employed by the Daily Ar gus. In 1916 he went to TorrlnGton. Conn. as city editor of the Torring- ton News, now out of existence. or q wear he vas assistant to the su- perintendert of streets in TorrinS- ton, and for several years a fore man for the American Brass co.
 He offered his resignation to the American Brass Co. in the spring of 1921 to some to the Herald. The resignation was not accepted but he was granted six weeks leave Of absence to try the new job. He re- maine1 here ever since.
 While on the Herald he has had charge of the weekly church page, the annual spelling aud marble con- tests and various welfare appeals. For several years he has been pup licity director for the community chest drive. He is publicity director for the Connecticut Rural Roads improvement association and is cor responleut for the Associated Press, the, Hartford Jewish Ledger, New York Times, New York World, Key stone Magazine, Je"elrN Trade News. Automotive Daily News, Re- tail Furniture Selling and a num- Der of trade magazines. He IS member of the Authors and Pub fishers Guild of America and the Hartford Press club, as well as various Masonic groups, Knights Of Pythias. Temple Of Honor and Sons of Veterans. He was one of the or ganizers of the Junior Achievement foundation and the dental clinic.
 Associated with him in the mort gage business will be Joseph Gaeta and Carl +. Johnson. MT. Gaeta, who is vice president, has been in the banking and finance business all his life. He was born Tn Italy where he was educated in finance. He was shipping broker and steamship agent ill Italy, coming to America It years ago.
 In 1915 he arrived in New York
 IL to take q position with the Carbone Express Co, where he was employ ed when the United States entered the World War.
 Enlsting in the 326th L. s. in fantry he returned to Europe as a company clerk in his outfit, where he saw fl months of actual fight ing and participated in three major battles.
 In 1919 he returned to America where he was mustered out, and came to Hartford as an assistant department manager for the City Bank and Trust Co. While in New York he studied in the elementary schools ill that city and continued his education while in Hartford by attending the Hartford public high school. W here he graduated ln l92u. Two Ncars lat, he took q course i'll banking under the American lnstl- tute Of Banking, and later gra duat- cd from a post graduate course ln English literature in the Hartford high school. He came to the New Britain Trust company about 10 years ago, where he organized the first foreign exchange department in New Britain. Two years ago he severed his connection with the To- cal bank. He is active in the Lions club and is connected with the Resident Printing Co.
 The seCretary-treasurer of the corporation will be Carl k. Johnson. Mir. Johnson is a native of New Britain and vas educated in the To- cal schools In 1920 he went 10 Bristol in charge of the bookkecp- ing department Of Bristol Trust Co. For seven years he remained with that corporation, coming to New Britain in 1927 as manager of the savings department of the City Ma tional bank.
 He recently qualified for a posi- tion as an assistant national bank examiner under the L. $. treasury department, but declined an ap- pointment to affiliate with the new corporation.
 The now corporation is incorpor- ated to do a mortgage and invest ment business.