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The Ventnor News Has More PAID Annual SUBSCRIPTIONS Than Any Morning, Evening, Sunday or Weekly Newspaper Published in Atlantic County
Copyright, 1926—All Rights Reserved
Amusement Publishing Co., of Atlantic City
VENTNOR, ATLANTIC CITY, N. J., WEDNESDAY, JAN. 13, 1926 Three Cents per Copy Vol. 19 No. 33
Chelsea National
Silver Anniversary
Resort’s Second Largest Bank
Celebrates at Gathering of
Officials and Employees
No more clearly pictured story
of the progress of Atlantic City j
during the past twenty-five years j
has. ever been presented than j
that which the Chelsea National!
Bank entertainingly dramatized j
In the Grill of the Hotel Chelsea |
on Monday night. The audience,
with five exceptions, was entirely!
within the'scope of the bank, its
allied institutions, the officials
and their employees. The occa
sion was the twenty-fifth anni
versary of the Chelsea National.
Contrast was the order of the
program which followed the din
ner. Addressing an assemblage
of nearly one hundred and fifty
people vitally concerned in the
operation of the Chelsea Bank
institutions, the older directors
spoke of the early days of the
bank and its struggles for the
supremacy which have made it
the second financial organization
in Atlantic City "bank ratings.
Dr. J. B. Thompson, as presi
dent of the Bank and Insurance
Company, vice-president of the
Title Company ai\d director of
the Building and Loan, intro
duced the evening’s program and
was thereafter spoken of as the
guiding leader who had stood
with the bank through its entire
career.
^ W. Frank Shaw, vice-president
of the bank, dealt fully with the
• early days of that organization
and the creation of the new com
panies, while H. H. Deakyne
spoke as frankly and freely of
the days of trial which marked
the early struggles of the Sea
board Fire Insurance Company,
as did Mr. Shaw of the days when
Chelsea Bank stock was selling
for 75, with no buyers.
The occasion was unique in
Atlantic City. The assemblage
of girls and men who danced be
tween the courses and listened
with consistent attention to the'
story of the creation of their
employing institutions was, per
- haps, almost an illuminating pic
' ture to the directors themselves,
for not even a member of a di
rector’s family was allowed to
intrude on the cordial entente of
official and employee that was
cemented Oji this anniversary
' date. --
The institutions concerned
were the Chelsea National Bank,
organized 1901; the Chelsea
Title and Guaranty, organized
1922; the Seaboard Fire Insur
ance Company, organized 1907,
and the Seaboard Building apd
Loan Association, organized
1924.
Friendly relations between
bank and customer seemed to be
the keynote of growth and
prestige. It was the dominating
phase of every speaker from
every angle. It was given as the
backbone of the policy which
had made ten thousand custom
ers for the bank
A delightful family informal
ity1 pervaded the occasion. The
/ repartee which passed between
\ Vice-President W. F. Shaw and
Director Joseph Salus lightened
the seriousness of banking rela
tions. Brief business talks which
O. Howard Wolfe and Norman
(Continued on Page 2)
. ■ . A_
Deliveries at any time desired daily
and this insures Ventnor householders
the best service for all kinds of sea
foods, if orders aie given to the
CHEl&EA FISH MARKET, 2707 At
Bell—Marine
Untie Avenue. Phone.
3180 and 2181.—Adv.
tit. ' • • ; (%r
Prominent Bank Head
t)R. J. B. THOMPSON
President of the Chelsea National
Bhnk; vice-president of the Chelsea
Title and TluaV-anty; president of the
Seaboard Fire Ins. Co., and director of
the Seaboard Building and Loan Asso
ciation. Dr. Thompson has been a
guiding hand in the 25 years of exist
ence of the Chelsea National and he
was greatly commended for his execu
tive ability at that institution's anni
versary dinner on Monday
Big Reductions in
Ventnor Tax Budget
Decrease of $374,144 Over 192S
Appropriations in Budget (or
1926—Reduction in Taxes
Probable
Exclusive of school, county and
state tax, appropriations for 1926
by Ventnor City Council amount
to $501,018.76, showing a de
crease over last year of $374,
144.22, the appropriations for
1925 having aggregated $875,
162.98.
With $30,000 less appropriated
for streets the new budget shows
also decreases in various other
budget items, including $2,500
less for interest on loans, $2,000
less for Are, $4,000 less for serial
bond payments, $2,000 less for
sewer, $500 less for contingent
fund and $2,207.41 retirement of
temporary certificates.
' Whether the tax rate will be
lower than last year cannot be
determined until such time as the
state and county appropriations
have been announced and com
puted.
It is the intention of Council to
prepare a statistical table to be
printed in red ink on tax bills
showing taxpayers just how their
money is being expended, indi
cating what .proportion is actu
ally used for municipal expenses.
To Broadcast Dance of
Ventnor Board of Trade
* Cash prizes will be awarded
by the Ventnor City Board of
Trade to radio fans from afar
who furnish evidence of having
heard the broadcasting of the
program arranged for the an
nual Ladies’ Night of the lower
beach organization, to be held at
the Elks’ Home on Tuesday, Jan
uary 26.
Headed by former Council
man W. B. Riebenack, a commit
tee, composed of Charles • C.
Beyer, James Leeds, Sidney
Rosenbaum, Charles Luzenberg
and Frederick Hickman, has ar
ranged for a most delightful
dance to fellow the dinner. The
speaking and dance music will
be broadcast by WPG.
VENTNOR’S MOST POPULAR PLACE
TO DINE—TBE LITTLE ROCK INN
SHI Atlanta
Resort Financial Institutions
Make Changes In Annual Meetings
New Directors and Officials Named at Several Local Banking
Institutions at Annual Meetings of Directors
•• Held Yesterday
Many changes were made in
the line-ups of officers and direc
tors of the financial institutions
of the resort at the annual meet
ings held yesterday.
The officers at the Chelsea Na
tional remain the same, but four
new directors have been added to
the Board. They are Harry
Gottlieb, Frank J. Siracusa, Lee
G. James and John D. Scheuer.
The officers at the Chelsea Na
tional Bank are:
J. B. Thompson, President; W.
F. Shaw, Vice-President; P. N.
Bessor, Cashier; Harry P. Rhoads,
Assistant Cashier; H. Walter Gill,
Solicitor, and A. H. Smith, Trust
Officer.
And the directors to remain in
office are:
J. B. Thompson, W. F. Shaw,
Mark Parsells, Joseph W. Salus,
H. H. Deakyne, J. Pratt Cramer,
Newton Spence, Robert L. Beyer,
Jacob C. Myers, Frank Walsh,
John Murtland, Joel Hillman, H.
Walter Gill, Chas. E. Henkelman,
Albert C. Abbott, Frank P.
Gravatt and Wilbur Zimmerman.
There were no changes at the
Ventnor City National Bank. The
officers and directors are:
S. Bartram Richards, presi
dent; Thomas Youngman, M. D.,
vice-president; James T. Bew,
vice-president; George W. Bond,
cashier; John S. Westcott, trust
officer; Enoch S. Turner, assist
ant cashier.
directors: jueorge jti. new,
James T. Bew, John L. Kelly,
Isaac B. Sweigart, Byron Jenkins,
Robert W. Bartlett, William Rid
dle, S. Bartram Richards, Thomas
Youngman, M. D., John S. West
cott and Winfield S. Haverstick.
The Ventnor Trust Company
will retain the same officers and
directors, too. They are:
Nicholas G. Hampton, presi
dent; Isaac E. * Leonard, vice
president; Wm. H. Smathers,
vice-president and solicitor;
Horace K. Frambes, treasurer;
Allen B. Endicott, trust officer.
Directors: Walter C. Brick,
Frederick G. Burk, August H.
Generotsky, John G. Gibson,
Frank P. Gravatt, Philip G. Han
num, Ralph Harcourt, Charles I.
Lafferty, Dr. Isaac E. Leonard,
N. Freeman Parker, Joseph W.
Salus, Homer I. Silvers, William
H. Smathers, W. Shaffer Smith,
Vivian B. Smith Edgar S. Steel
man, Edmund S. Yard, George B.
Wilson, Charles C. Beyer and
Nicholas G. Hampton.
There were no changes in the
officers of the Union National
Bank.
In the list of directors, how
ever, two new names are noticed,
the last two on the list being new
directors: A. D. Cuskaden, E.
C. Ryon, E. A. Higbee, H. H.
Haeberly, A. H. Nelson, Andrew
Jacoby, William Moore, Edwin
H. Burke, A. B. Endicott, Jr.,
William S. Cuthbert, M. E. Sea
man, J. W. Risley, A. J. Purinton,
Samuel Somers and C. Edgar
Dreher.
The list of officers and direc
tors at the Atlantic County Trust
Company remain the same.
At the Equitable Trust, George
W. Brown, Jr., will take the place
of Albert C. Abbott on the Board
of Directors.
The officers and directors are:
-Call BURKARD COAL CO.
■i-' ' M.riaa TtOO....
Harry Bacharach, president;
David C. Reed, vice-president;
Alvin C. Poffenberger, vice-presi
dent; George W. Brown, Jr., vice
president and trust officer; Den
nis E. Kelly, treasurer; J. Walter
Gwillim, assistant treasurer;
Charles S. Moore, solicitor; Wal
ter Hanstein, trust officer; Ed
ward W. Kling, manager bond
department.
Officers are: Harry Bacharach,
David C. Reed, A. C. Poffen
berger, Louis E. Stern, John R.
Livezey, Frank J. Moore, Louis
A. Steinbricker, G. Frank Cope,
Edgar S. Hill, Harry Weinmann,
Frank Walsh, W. Frank Sooy,
Charles S. Moore, Albert C. Ab
bott, Frank Swoboda, Isador
Schmeidler, Walter Hanstein,
Frank Ruffu and William J. Pat
terson.
[ The only change at the Second
1 National Bank is the appointment
of Oliver Core as cashier. He
takes the place of William
Cochrane, who has been gone for
several months. The officers and
i directors at the Second National
are:
Lewis Evans, president; Isaac
Bacharach, vice-president; Sam
uel C. Clark, vice-president; Clar
ence E. Wolfinger, vice-president;
Oliver C. Core, cashier.
Directors are: Lewis Evans,
Joseph Thompson, E. V. Corson,
Isaac Bacharach, Samuel C.
Clark, James T. Bew, John H.
Moore, Walter Hanstein, David
(Continued on Page 2)
Ventnor Community Church
Elects Officers for Year
At the annual meeting of the
congregation of the Ventnor City
Community Church held Monday
evening in the session room of the
church at Victoria and Ventnor
Avenues, Philip E. M. Thompson
was unanimously elected treas
urer to succeed Halliday A. Jack
son, who declined re-election be
cause of increased duties devolv
ing upon him as supervising prin
cipal of the Ventnor City Public
Schools. v
Rev. Walter Bruggeman, pas
tor of the church, acted as moder
ator, his report for the past year
showing 56 accessions to the
church, making a total member
ship of 151. The Sunday School
shows an enrollment of 215.
Other officers elected include
W. K. Clymer, clerk; J. LeRoy
Berglund, deacon; W. Shaffer
Smith, Walter Margerum and
Granville H. Steelman, trustees;
Miss Bessie Tilton, financial sec
retary.
The congregation voted a bud
get of $15,000 for the year 1926.
Bratton Receives Gift As
Appreciation of Good Work
In acknowledgment of faith
ful'service rendered as secretary
of the Board of Governors of the
American Legion Home for Con
valescent Soldiers at Menantico,
N. J., City Comptroller George
H. Bratton, of Ventnor, was
presented with a gold fountain
pen by William Taylor, of Mill
ville, president of the board.
YELLOW CAM C«mj»07. lkrimt MOO.
i Qo!#< Safe Im Atv.
To Head New Bank |
HERBERT HEMPHILL
For 'fifteen year® a director of the
Marine Trust Company and ten years
vice-president of that institution, has re
signed to assume the presidency of the
new Pacific Avenue National Bank
Appraisement Made on
New Street Property
Commission Sets Price of $20,000
for Lots Sought by Ventnor
for Street in Rear of Pier
An appraisement of $20,0001
for each lot sought by the city 1
for the laying out of a fifty-feet
wide' street from Cornwall to
Cambridge Avenues, 250 feet
South of Atlantic Avenue and im
mediately in rear of the Munici
pal Pier made by Commissioners
C. C. Shinn, Maurice Risley and
M. A. Devine, was approved last
Monday night by Ventnor City
Common Council.
City Solicitor Westcott was
authorized to make a tender of
the amount to the respective own
ers of the two lots sought, name
ly, William Condon and Dr. D. D.
Rappaport, each of whom had
previously refused an offer of
$16,000. In the event of accept
ance the mayor and city clerk
are authorized to enter into the
necessary contract to secure title
for the city.
Negotiations for the purchase
of the land were instituted in No
vember, 1924, but owing to con
templated improvements the own
ers declined to accept the’amount
offered by the city, members of
Council likewise feeling disin
clined to increase the offer.
Condemnation proceedings were
then instituted resulting in the
appointment by Supreme Court
Justice Campbell of three com
missioners.
The city had previously di
rected the borrowing of $32,000
to provide funds for the tender
made to the owners. On Mon
day the solons voted a further
loan of $8,000 in order to make
available the necessary $40,000
with which to purchase the lands.
Council is desirous of complet
ing the work of laying out the
street in order that traffic condi
tions may be relieved during the
season rush next summer.
Under the statute the owners
may appeal the appraisement
within ten days, which may cause
further litigation should they re
fuse to abide by the decision
reached by the appraisers.
VINTNO* T®U8T COMPANY
4% as Tfasa Dapaato
Salt Dapoait
Ventnor Council
Holds Busy Session
Many Matters Taken Up At
Regular Meeting —j Geissinger
Approved As Chief Engi- 1
neer Fire Department
Chosen by delegates from the
two companies, composing the
volunteer fire department of
Ventnor City at a convention
held in December, Bert Geis
singer, member of Ventnor
Truck Co., No. 1, was confirmed
by Council last Monday night as
chief engineer of the department,
to serve for one year. Joseph
Gilmore, of Ventnor City Fire
Co. No. 1, and James Moore, of
Ventnor Truck Co. No. 1, were'
confirmed as first and second
assistants respectively.
The annual report of W. Harry
Jones, building inspector, show
ing a total of 575 permits issued
during the year, was received and
filed. The report shows a total
of 213 cottages erected, nine new
stores built, three apartment
houses erected and one new
church completed.
A nre loss ol only $4,500 was
reported by Capt. David Stuart,
of the paid fire force. During
the year the firemen responded
to 66 calls, of which 31 were
whistle alarms. Two out-of-the
city calls were made by the
Ventnor firemen.
City Electrician Albertson re
ported a total of 441 inspections
made, including 46 radio instal
lations.
Council voted to attend in a
body the eleventh annual con
vention of the League of Munici
palities, to be held at Newark on
February 4.
A communication from George
W. Fiske, 4 S. Richards avenue,
inviting attention to an error in
assessment for street paving was
referred to the city engineer.
A bond furnished by Pedrick
& Son to indemnify the city
against possible damage because
of lack of drainage was approved
by Council, thus granting per
'mission to the promoters to fill in
Inside Thoroughfare from Port
land to Washington avenues.
Authority was given the mayor
and city clerk to deliver to the
Sinking Fund Commission Water
Works Bulkhead bonds in the
amount of $15,000.
Bids were ordered advertised
for the laying of sewer mains on
Sixth, Seventh and Ninth ave
nue, between Avenues C and D
on Ventnor Heights. Proposals
are to be received by Council on
February 8.
During the course of the ses
sion, former Councilman Hiram
Steelman entered Council Cham
ber and was invited to occupy his
former seat in the absence of
Councilman Haines, who is on a
visit in Pittsburgh.
City Trophies Housed
In Handsome Cabinet
Members of Council and citi
zens attending sessions of Vent
nor’s legislative body are loud
in their praise of the accomplish
ment of Chairman William Bach,
of the Property Committee, in
the erection of a beautiful hard
wood case on the wall of Coun
cil Chamber in which are dis
played the various silver trophies
awarded to Ventnor City in
inter-city competitions.