History of Hudson County and of the Old Village of Bergen/The New Building of the Trust Company of New Jersey

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New Main Office Building, Bergen and Sip Avenues, Jersey City

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The New Building
of the Trust Company of New Jersey


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owering from the crest of Bergen Hill, with command of view that includes the whole panorama of the Island of Manhattan, the Hudson River, the great harbor, and New Jersey inland to Newark and the Oranges, stands the new building of the Trust Company of New Jersey.

Located on the southwest corner of Bergen and Sip Avenues, Jersey City, it has a situation that not only gives it the utmost convenience of access from New York and all surrounding suburbs and towns, but that also makes it central to all the business activities of this industrial and commercial New Jersey territory.

Past its doors go the principal trolley lines, as well as jitney and bus lines that radiate through Hudson County. It is on the lines of the Hudson and Manhattan River Tube trains, and branch of the Pennsylvania Railroad.

Throughout its design and construction there has been a consistently executed plan for combining the most complete modern utility and comfort with the greatest beauty attainable in these tall structures which so admirably lend themselves to splendid effects. Its architects, Clinton & Russell, have made it a perfect expression of the Italian Renaissance style, attaining height and magnitude with effortless grace.

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The Banking Room

The building is of eleven stories and basement. Of these, the basement, besides accommodating a part set aside for the mechanical plant that serves the building, contains the fully equipped large safe deposit and storage vaults of the Trust Company of New Jersey.

The banking room of the Main Office of the Trust Company is on the first floor, the entrance to the offices being on Bergen Avenue and the entrance to the bank being on the corner. These premises are designed not only to give customers all modern banking conveniences, but to provide them with surroundings that shall satisfy a high sense of beauty. The decorative scheme is in the rich Italian marble known as Botticini, and the accompanying details are worked out in bronze and mahogany as the appropriate metals and woods. There is a ceiling in plaster with finely wrought decoration in flat relief.

The upper ten stories are wholly for tenant purposes, there being about 60,000 square feet of space for offices. They are, of course, served thoroughly with all conveniences of the highly modern office building.

There are three elevators, and they are of the high-speed traction type, thus assuring adequate service under peak load conditions. The completely fire-proof construction is supplemented with two flights of fire stairs, fire stand-pipe, hose connections, and many exits.

Besides hot and cold water, steam and electricity, the building is provided with a system of pipes that convey hygienically cooled drinking water to all premises. The window spaces are large, and plate-glass panes assure clearness of vision as well as good appearance within and without. The tiling and plumbing, as well as all other accessories for daily convenience, are of the best modern sanitary construction.

Safe Deposit Vaults

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Typical Floor Plan, Fourth to Tenth Floor inclusive, New Main Office Building of
The Trust Company of New Jersey



The Trust Company of New Jersey

Bergen and Sip Avenues (Journal Square)

Jersey City. N. J.




Resources, June 30, 1921
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$37,343,633.43




HOBOKEN BRANCH
12 and 14 Hudson Place, Hoboken

PEOPLE'S SAFE DEPOSIT BRANCH
Central Avenue and Bowers Street, Jersey City
 
BERGEN AND LAFAYETTE BRANCH
Monticello Avenue and Brinkerhoff Street, Jersey City
 
TOWN OF UNION BRANCH
Bergenline Avenue and Hackensack Plank Road, Town of Union, N. J.




OFFICERS

William C. Heppenheimer, President

MAIN OFFICE

Edward P. Meany, First Vice-president Edwin H. Stratford, Secretary and Treasurer
Walter Meixner, Sixth Vice-president William C. Veit, Assistant Treasurer
Henry C. Perley, Comptroller

PEOPLE'S SAFE DEPOSIT BRANCH BERGEN AND LAFAYETTE BRANCH
F. E. Armbruster, Third Vice-president Joseph Harrison, Fourth Vice-president
Eugene Huberti, Assistant Treasurer John T. Minugh, Assistant Treasurer

TOWN OF UNION BRANCH HOBOKEN BRANCH
Louis Formon, Fifth Vice-president George A. Berger, Second Vice-president
Rudolph Sievert, Assistant Treasurer Edward A. O'Toole Assistant Secretary and Assistant Treasurer







DIRECTORS


F. E. Armbruster Third Vice-president
George A. Berger Second Vice-president
Ernest Biardot Retired
Chas. A. Coppinger D. D. S.
Walter M. Dear Treasurer Evening Journal Association
Robert R. Debacher President Wm. Schimper & Company
John J. Fagan President Fagan Iron Works
John Ferguson President F. Ferguson & Son
Louis Formon Fifth Vice-president
Ephraim De Groff Physician
Joseph Harrison Fourth Vice-president
Edward V. Hartford President Edward V. Hartford, Inc.
Ernest J. Heppenheimer President Colonial Life Insurance Company
Wm. C. Heppenheimer President
Robert E. Jennings Capitalist
Anthony R. Kuser President South Jersey Gas, Electric and Traction Company
John P. Landrine Hardware
Edward P. Meany First Vice-president
Henry Mehl Treasurer John Mehl & Company
Walter Meixner Sixth Vice-president
Wm. Peter President Wm. Peter Brewing Company
Wm. L. Pyle Physician
John T. Rowland Jr Architect
C. Howard Slater Real Estate
Edw. H. Schmidt E. H. Schmidt Hygiene Ice Company
Edward J. Schroeder Edward Schroeder Lamp Works
Emil Schumann Real Estate
J. Hollis Wells Clinton & Russell






Functions of
The Trust Company of New Jersey



This Company transacts a general Trust Company and Banking business, and

Receives Savings Deposits, and pays interest thereon, at the rate of 4 per cent per annum.

Receives deposits subject to check, as in a bank, payable at sight or through the clearing house, allowing interest thereon at the rate of 2 per cent; also issues certificates of deposits bearing interest.

Lends money on approved security.

Acts as Trustee under any mortgage or deed of trust, or for any individual who desires to provide for members of his family or others.

Acts as Executor, Trustee, Administrator, Guardian, Receiver, Committee, Assignee or Registrar.

Acts as Fiscal or Transfer Agent for any State, municipality or corporation.

Accepts securities for safe keeping, remitting interest and dividends to the depositor.

Acts as Agent in this State for corporations organized under the laws of the State of New Jersey.

Rents Safe Deposit Vaults from $5.00 upward.

This Company makes a specialty of the accounts of persons who, through lack of experience, desire assistance and advice in the management of their investments.