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Ventnor news. (Ventnor City, N.J.) 1907-1926, October 08, 1924, Image 19

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Such a Building as the
Eldredge Fireproof Storage
Ware
louse
wt)uld be incomplete without
the
BEST
That’s why Eldredge thought
MOOREa
' ' - • • "" v, •• . ; .
about
} PLUMBING
and
HEATING
| John H. Moore & Son
Atlantic Ave. below Illinois '
Established 1899 Marine 1246
"Dave" Moore’s Soccess
Plumbing and Heating Expert
Has Established Business of
Ever Increasing Volume
Established in 1907, the firm of
David H. Moore, plumbing and heat
ing contractor, boasts an extraor
dinary record of continued progress.
Actions, according to the old adage,
speak louder than words, and cor
tespondingly, facts bear more weight
rhan mere words.
And it is not a difficult task to
trace the progress of David H. Moore.
First located in rather unpretentious
quarters on the second floor at 803
Atlantic Avenue, way back in 1907,
Mr. Moore went into the game in
such a manner as to soon obtain the
support of Atlantic City and in order
to cope with the flow of business that
was ever increasing, decided upon
larger quarters. This time the name
of David H. Moore went up at 10
North Maryland Avenue, where
plumbing and heating service was
centered for some time. »
Time rolled on and the reputation
of David H. Moore, as associated with
the plumbing and heating game, kept
reaching new heights. Then in 1923,
in order to keep up with the demand,
the new location at 1207 Commerce
Avenue was decided upon and there,
in the three story building that con
tains the offices, shop, showroom and
warehouse as well as apartments,
David H. Moore has continued his
business activity.
In connection with the actual work
of plumbing and heating, Mr. Moore,
has in his employ a large staff
of experts, but the secret of his suc
cess lies in his ability to keep ever
lastingly on the job and tackle his
own problems. No job is too big
and none is too small. Installation
of plumbing and heating systems
in a large building, or the inspection
of a small leak, finds similar response
from David H. Moore.
s
A NEW ERA IN
ATLANTIC CITY
REAL ESTATE LOANS
When the Atlantic City Bond and Mortgage Company
was organized a little over two years ago for "the pur
pose of selling monthly liquidating first mortgage real
estate bonds secured by well located, revenue-producing
business properties in Atlantic City,” it made possible
just such substantial additions to the commercial wel
fare of our city as the
Eldredge Chelsea Fireproof Warehouse
Our advances on this property provided hundreds of thousands of dol
lars for new construction; work for an army of our own citizens; new
contracts for local "builders, sub-contractors and material men, and
general prosperity which reached out into hundreds of indirect channels.
iiitiiiHiiiitiiiiiiiiuuniiMiitfHiuiinminiitnHiimiiiiiiiiiiiiiiia .
Atlantic City Bond and Mortgage Company
613 GUARANTEE TRUST BUILDING, Atlantic City, N. J.
Theo. W. Schimpf, Pres.
Martin M. Harris, Vice-Pres. . v W. Chandler Stewart, Vice-Pres.
Alex. Vollmer, Treas. E. H. Yard, Sec.
Directors
Carleton E. Adams
(Frank J. Chambers
Edward B. Creightoi
Morris Elf man
uarry j* . swan
Harry L. Godshall
Martin M. Harris
Ferd R. Patzowsky
warren ruagway
S. Paul Ridgway
Frederick Rogers
Theo. W. Schimpf
jj. w. acaman, m. u.
W. Chandler Stewart
Alex Vollmer
-Atlantic Foto
WILLARD ELDREDGE
President of the Eldredge Express and
Warehouse Company
Some idea of the work of the
concern of Mr. Moore may be ob
tained from this partial list of some
of the recent undertakings of the
plumbing and heating contractor:'
A heating system was installed by
David H. Moore in the Moose Home,
while in the Segal Building, both
heating and plumbing systems were'
installed. In the Lenox apartments,
Mr. Moore is responsible for the
plumbing, as well as in Belair Court
apartments. Both heating and
plumbing in the Ryanhurst apart
ments, as well as in forty-two houses
for George W. Shissler at Bartram
place and Columbia Avenue are
listed among recent Moore jobs.
There are a lot more, almost too
numerous to mention, all of which
reflect credit on the work of David
H. Moore.
And as for Mr. Moore, or rather
"Dave” Moore, as his many friends
are wont to call him, enough is said
when he is termed one of Absecon
Island’s most popular men. A
Ventnorite for many years, and now
a member of the Ventnor City council,
“Dave” Moore is also a Botarian
and has long been associated with
the Atlantic City Master Plumbers’
Association, being past president.
Financing A Great Project
Atlantic City Bond and Mortgage
. Company Floats Loan for
New Eldredge Warehouse
The erection of the new Eldredge
Chelsea Fireproof Storage building
marks a new step in the progress of
one of Atlantic City's leading in
dustries. And behind the construc
tion of the beautiful new building lies
a story of a financial transaction
engineered by the Atlantic City Bond
and Mortgage Company, which re
veals a new era in Atlantic City real
estate loans.
First organized in the resort a little
over two years ago by a group of men
who are closely associated with the
financial activities of Absecon Island,
the Atlantic City Bond and Mortgage
Company, with offices in the Guaran
tee Trust building, was founded with
the idea in mind of selling monthly
liquidating first mortgage real estate
bonds secured by well located, rev
enue-producing business properties
in Atlantic City.
This important concern has been
the medium of making possible many
.substantial additions to the com
mercial welfare of Atlantic City, and
the Eldredge Chelsea Fireproof Ware
house is one of the most recent ex
amples of the workings of the Atlan
tic City Bond and Mortgage Com
pany.
Through the advance on the
Eldredge property, a general wave
of prosperity and increased business
has swept into hundreds of indirect
channels. Hundreds of thousands of
dollars were provided for new con
struction and work for a small army
of toilers; new contracts for local
builders, sub-contractors and material
men, were brought-about through the
co-operation of the company in the
erection of the Eldredge Chelsea
Warehouse.
Judge Theodore W. Schimpf is
president of the Bond and Mortgage
Company; Martin M. Harris and W.
Chandler Stewart share the positions
of vice-president; Alex Vollmer is
treasurer, and E. H. Yard is secretary.
The board of directors of the Atlan
tic City Bond and Mortgage Com
pany includes the names of prominent
citizens of Atlantic City and Ventnor,
and includes;^ Carleton E. Adams,
Frank J. Chambers, Edward B,
Creighton, Morris Elfman, Harry F.
A Mortgage
Is Sure
What other investment
is based on,property?
Real Estate First Mortgage Bonds and Partici
pation Certificates, secured by income produc
ing properties in Atlantic City, are offered by
us to yield 6 per cent, interest.
We assume all details, mailing interest checks
to reach investors on interest dates.
Mr. Morstadt, our treasurer, would like the
opportunity of going into this matter more fully
with you.
Seaside Trust Company
OF ATLANTIC CITY, N. J.
Ohio and Atlantic Avenues
A Complete Banking Inatitution
Ewan, Harry L. Godshall, Martin M,
Harris, Ferd R. Patzowsky, Warren
L. Ridgway, S. Paul Ridgway,
Frederick Rogers, Theo. W. Schimpf,
D. W. Scanlan, M. D.; W. Chandler
Stewart and Alex Vollmer.
Seaside Trust Company
Efficiency and Courtesy are Watch
words of Recently Organized
Banking- Institution
There is probably nothing that
indicates the prosperity of a banking
institution more than does growth.
And the greater this growth the
greater must be the confidence of the
people in the bank. An excellent ea»
ample of this is the Seaside Trust
Company which a few weeks ago
passed the half million mark after
having been open only three months.
This auspicious beginning of the
Seaside Trust Company naturally is
due in great measure to the prominent
men who are associated with the or
ganization. Theodore Schimpf, now
a judge and for years active in the
higher circles of court practice, heads
the bank as president. Mart Harris
and Chandler Stewart, who for years
have been leaders in resort business
circles share the vice-presidency.
George E. Morstadt, recognized as a
keen and capable banker, holds the
important post of secretary and
treasurer.
si
The Seaside Trust Company is well
equipped to handle the largest sums
of money. It has a steel vault which
weighs over seventy tons. The door
alone is heavier than ten tons. There
are also five hundred lock boxes which
are especially wrought to contain
valuables.
In establishing the Seaside Trust
Company the founders did not neg
lect its architecture nor its furnish
ings. This institution carries out in
fine detail the grandeur of great bank
ing establishments with unusual at
tention to landscape setting. The
front of the building is made colorful
with a carefully kept green lawn and
bushes. '
The interior is equipped with the
finest furniture. The desks and
tables are all constructed of dark
mahogany. The chairs are finished
in'black leather.
One of the finest things about the
Seaside Trust Company is the
courtesy of the banking force. They
are always glad to render any possible
service to people, whether visitors or
patrons. Only men and women with
years of experience are employed by “
the Seaside Trust Company.
Atlantic City
National Bank
Resort’s Pioneer Financial In*
stitution is Among Soundest
in the Nation
To be the first in any field of en
deavor in a community is in itself a
title that places an institution in a
higher class. A pioneer is respected
and admired for ability to place
sufficient sincerity in convictions, be
lieve that something is good enough
to take a chance upon and then fight
for a successful outcome.
The Atlantic City National Bank
is in this class. Known primarily as
“The ^First National Bank," the
oldest institution of its kind in the
resort, it stands in the center of the
Atlantic Avenue business district at
Pennsylvania Avenue, continuing to
be Atlantic City's first bank in name
and character.
Built and established upon firm
banking principles and founded by a
group of men who hoped and be
lieved in the possibilities of Atlantic
City as “The Playground of the
World,” the Atlantic City National
Bank has grown up with the resort
in every sense of the word.
From the days when "Governor"
Charles Evans was a recognized
(Continued on Page 20)

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