Cape May County Times, 4 March 1927 IIIF issue link — Page 17

iandsome New Home and Banking Department of Cape May County Title and Tru^t Company Will Open Saturday, March 5

May County Title and Tnut G !*any Section

Cape May County Times

Friday. March 4. 1927.

'ompany’s New Home As It Will Appear Saturday Morning ill So Placed That It Will Never Interfere With InW'orking Space—FinUhings Are All In Mahogany and Bronze and Arrangement Unique s .Will Receive Cordial Welcome From Officers

rorapdy »* * o'clock tomorrow | To «!o that you'll ha\r io nine wide. IntltlDK doom| tfcrooxb the ofBrc of Dr. Jullu* home of the Cape M»y Way. th* company'r ‘■*“‘

ity TUI* sod Tru« Company twine open to admll tb* pnbor Cap* **»r * nrt ** door »UI be officer* and dlhw of the company to wel- . vlailor* and allow them nch the splendid new *tru«.of which they are Justly so ben the doors swin* open to general public, the wickets b, new banklns department open for the Brat 'tine, and Cape May County Title and it Company will be officially formally launched Into the tins field, marking a new atep iard in the lit* of this

ful Institution.

building and the banking n*nt will remain open uno'clock in the evening, to all of Cape May County a o make a visit, and. too. a depoUt. if they see fit How the BniUifig Look* ■xterior of the building l*. ibis time, familiar to most /one in the county, who. durtbe paat few months, has had Ion to vlalt the county seal, r It Is located, nastled close - splendid new County Court Even as the exterior of

strurture. built

M finiahtng brick and gran-. !» impressive and rather le. so is the interior Iropree-

and decidedly unique.

There is thf doctor himself, before that brood mahogany desk, smiling and shaking hands with others, who like ourselves, sre visiting the building and congratulating him on the fruition an idea that first germinated hi* mind tweuty-*ix yea.* ago. The office next to that is the

Cape May County 7 tile and Trust Co. Actually 26 Years Old Has Been Good Dividend Payer From Its Inception and Paid Stockholders 400 Per Cent, in Velvet—Has $3,000,000 Insurance in Force Most of Original Directors Still Active in Company

Building which now hows, the 'Ail-County Bank ' nt Ope May Court Hou.o It .djoin. the now Count Court House and Clerk’s Offices, and is one of the finest banking buddings m th» section of the State

DR. JULIUS WAY

President

County Physician of Cape May hard-! County, or r hard is' historian and

collector of Troian relics. Cape May Court House

Court House and

i First Title Policy Issued. | B> Cape May County Co. j The first Title Insurance Policy I issued by the Cape May County j Title and Ti tin! J'ompaay was 1 I dated June IS. 1S22. and guar-' anteed the title of the property ; of th" Italian Independent Club.' I of Ocean City, for tJOOO. Thi?i I property waa on lot 127. Section ; «. of the Ocean City Association!

j p!»n.

j Since that time thousands of I policies have been Issued, until today a total inauranes of over

$5,000,000 is in force.

Let U» Visit the Building AM wide Jnau doors find at the right the ladle' room, comfortably fur with easy chairs and ■ ilng table, with toilet beNext Is the "receiving ~ Her. we meet Miss on T. Hewitt, the efficient always smiling Assistant See y of the company, who hands useful souvenir, says *he'» to wee ua tend moans it) oaks us to register our name address tn the book provided that purpose. Take a P"-p her office, and you note the -some mahogany furnishings. Ich correspond with the trim nr of the interior finish, and also note the bnmae and the brow** furniture Lining*, and you note, if you that everything building Is decor;

brans*.

The Banking Department •fore we go back to tbs Title trunent. and meet the fc there, le* us inspect ling department, here le the vault* That’question that crosss* 7 1. tor where the vault uaui e. and in the center of

office of Treasurer Corson, wb" explain* «h* TU be so busy- that 1 won't have much time to get Into that private office. 1 want to he ft*re whet 1 can meet

p«<jp!c. so If ycr. awhile, or do son

waiting for some one. or tor a train, or foi the bus. go ahead and use my office any time. You

work while

We Meet Mr. Arnett Well, here he I* himself, show- j g the vault to someone. It's _Jward B Arnett, president of the Firm National Bank of Bea Isle City, a director of the Company. and the chairman of Its building committee it was Mr. Arnett, you see. who had charge of the construction of y»c build-, Ing. and he is explaining "This vault la absolutely burglai-proof and fir. -proof, it takes the highest rating of the fire underwriter* and of the Insurance companies for burglar insurance This d< which I can swing with > weigh* eight tons and by the hiavlwt steel b trolled by a small cot dial. When th* door i time clock srrangtnent ln.pow.lblc to open H

Facts About the Cape May County

Title and Trust Company

The Cape May County Title and T >t Company. tt.-M.gh !«« than tour war* old. has real I > a ha.iiimund oi twmtv-vix

rtrd *n 1900 by Dr. .Clerk and Deputy

Hie valuable title plant u Julius Way and John Sayrr, then Count

Oct*.

In 1910 Dr. Way and Mr. Savrc 012. snd Search Company, searching title, u: the Fidelity Title and Trust Company In 1922 i» was felt that the time Company able to issue it* own Title In* •’ oi that vrar title No. 1 wa» issool bv ?t May County Title and Trurt CompanReal Estate Search Company and the t>' planted by Dr. Way «nd Mr. >

befor

Since l"-2 the Company ha* h*

t engages lor thr first s niagnificmt new home a

,rd the Rea! Estate ailing a* agent lor

Newark.

* ripe for a Trust ice. and on June U r.rw h tnunrd Cape

moor of the forth of the it \ two years

ready growth, and on in the hanking field, v Mas Court Home.

the

Cape May County Now Has Fifteen Banks

'ape May County In launch. No better baromrt -r of a « y> prosperity can be had he number of financial ins

Cape May County Title and Trust Co. Has Strong Personnel Officials Have Had Years of Experience in Theii Duties and Directorate Is Made Up of Strong Men in Financial and Professional Life of the County

Has Justly

Earned Title of "All-County -Bank

the

AM 8. MOWRER Vice President Ocean City

The personnel

May County Title and Trurt Com jwny I* a particularly strong •>.— The county institution is 1 adc by Dr. Julius Way. of C.wir House, who ha* been preside!! ainec the organization of tfa coupany In 1922. Dr. Way i

ROBERT J. KAY

“Psradoxiral a* It may round. "I company *er. pres-nt. and id John Sayrr on Wednesday «[; started -.he business of the coms week in an Interview with P«n> whi-h enter* a new era on annwe. Th. r.p, *•>•»••.« 1 •* JJ"- •*" “ nnty Tlile and Trust Company , engage* in the Irnnklng field, and h„ugh really lea* than four j officially open* its handsome new

»t. oM. I* rtally twenty-elx i horn.

f< j The original Inec.rporato were The explanation to this." ran-j Robert Bright, of " '•‘wood: .. .I Mr Sayra. "In 1900 Dr Howard B StalnK-n. - . Orean

, Way wa. elected a* County CI«JN J°>»> nt

; k of rap. May County and 1 Richard B Stltes. oi Ocean C ty:

- j Hiram 8. Mowrer. of Ooean City: I Dr Julius Way. of Court House: 1 Dr. William G Abbott of Ocean .City; Dr Hersehell Pettit, of I Ocean City. Edward B Arnett, 11 Sea Isle City, and John Bright. ' of Wildwood. Most of the original officer* are still active In

|| the company’s affair* The Pint Directory Board

After the preliminary business. | the first Board of Directors wsre I elected. They were. In addiUon to the Incorporator* above named. • Slate Senator William H. Bright County Judge Henry 11. Eldredge, Henry H. Ott.as. Robert J. Kay. Edwin B. Fagan. George Nichols. ; 11. Foster Qoslln. William A. Haf-

fert and Roliert Bright.

* The first business of the new | hoard was the purchase of the ! aiwets. good w III and plant of lithe go'ng and successful Real I! Estate Search Company, and the

I business was to nuthoriae

he sale of Its $100,000 worth Of -apllal stock and levy an aiwcws

nent of I2S.000 lor surplus.

The company went steadily for-

_ , said, later doubling Its eapltal wa* made Deputy County Clerk. | stork and surplus fund, the latter We, in thai first year, had many {having been added to very m *- nmfi-rrnces on the need of a title 1 i-rtally by the company's earn-

Plant .11 a complete private title Inga since 1922.

r.i.ird. as the nucleus of an in- On March E. 1922. the rnm--tiMitlon urh as the Cape May! psny. which l,y tu ehoxter had County Title nnd Trust t:ompany.the right to engage In the banknos I* The time was not ripe lug business as soon as It was then for one. but we saw. or felt. | organised, finally enter* thla that H was coming, and that | field, and open* the door* of It* eventually a title plant would bei new building for the first time ..... valuable that It* worth could' for this branch of It* extensive

n..! t.e measured In money. ! hualnrae-

We worked. In spare time ar t A goal of $100,000 in deposit* privately, for the ten year* that for the opening day has been net. »• were In th. clerk'* office on j and even though, as we all my building up a title plant. Every! at the shore at this time of the real estate transfer that went i year, "money Is light" the orflthrough the Clerk’s office wa* j c-t* of the company are confident made a matter of our record*. ] that the deposit* wUI reach, or

I exceed, this sum.

JOHN SAYRE

Isry. Title and Trust Office, ind Assistant Treasurer Cape May Court House

| tills companies.

today by t

(Continu-d on

Working Force of the Cape May County Title and Trust Company

Paid 400 Per Cent Dividend Middle Twnshp. To "Aflsr !.-n vssrs we had » sit- ’ cv 1 I rv 1

Have School bank

tary-tr

•al title Insurance j ' made It* life wor

had

able plant «.. start. The Rea! j Estate Search Company wa* then |

organtird by Dr. Way and my-j win probably he the aelf. with stockholder* scattered flr9t B( . hou| hVkk wl „ br OIM .„*d

ty. The nflleer* j whor|ly (n lhf . Mlddl ,. Tow nship p .dent. 1 Sotiool. at Cape May Court House, president, and , Thf pUn of , hr , rho<lI , iank _ ^ v-Iressurer «• Ildor ,, d by (be State Board of

Education, is that the school organitr* a bank within itself, ting a Board of Director* and

i-mcw* me fi-eitu. cor*. I»uplls then make de-

■ Posits which are rec Ipted for

..n tfilra That wei^y ,b< «Mhl*r. who in turn, emvee t.e M-* banks <be money dally in a regu-

b.«. Tt. eiK»,..r, tor Middle Township School Bank

be the Cape May County e and Truat Company,

he School Bank idea was doped in Middle Township by Julius Way. President o! ho nty Title and Trust Company. wa* endorsed by the Board Education and the teaching r of both the Grammar and

And Now thr Title Dcjx