Biography of E. E. Frantz
Lucas County, OH Biographies

The present day efficiency of modern business is in no small measure due to the business systems and anaylses which accountancy has evolved. Modern business does not guess it has the facts, and it is through the knowledge of facts that our great financial, industrial and mercantile concerns have progressed. The business man who really wants to know his own business, its strong points that he may push them into greater strength, and its weak points that he may correct them, finds the accountant indispensable. E. E. Frantz & Company, with general offices at 621-622-623 Nicholas building, and a branch office at Cleveland, Ohio, with an Ohio certified public accountant in charge, has, by the personnel, of its organization, developed a service which is especially designed to be of great benefit and value to business interests. E. E. Frantz, head of E. E Frantz & Company, was born near Watertown, South Dakota, May 17, 1890. He was one of a family of twelve children, pursued a public school education and is unusually well fitted, both through talents and trainings, to practice in a satisfactory fashion in the field of aceountancy. He is a graduate of the Western Normal College of Shenandoah, Iowa, of the year 1909, following which Mr. Frantz spent some four years teaching higher accountancy at Fort Smith, Arkansas. He further made it a point to round out his training by working in a diversity of industrial and commercial channels, matching theoretical knowledge with practical application, keeping the one distinct purpose in mind of engaging in the profession of accountancy as his lifework. Mr. Frantz selected Toledo as the field of best opportunities, owing to its diversity of industry and commerce, and his faith in the city as a future great industrial center held his attention and conviction as far back as 1913.

E. E. Frantz rendered excellent service to the government during the World war, being selected to conduct the audits at Camp Sherman. Mr. Frantz's offices were first located on the third floor of the Nicholas building, and with the increase in his practice, the present quarters at Nos. 621 to 623 Nicholas building are none too spacious for the eight people serving with the E. E. Frantz Company. There are many factors of interest to business executives, office men, as well as professional men, in considering the services available at the hands of E. E. Frantz & Company. As a tax consultant and in the matter of compiling income tax reports, the exercising of interpretations on income tax laws and their application are matters that have been given a pertinent study by Mr. Frantz, to the end that his services on tax problems are being found of real value to a very consistent following. not only in Toledo but throughout the state of Ohio. Mr. Frantz has pursued the study of higher accountancy until he is unquestionably the best fitted man for his vocation in the city of Toledo. He possesses degrees in accounting, is a fellow member of the Institute of Chartered Accountants, and a member of other accountancy societies.

E E Frantz & Company retain legal counsel for corporation and tax purposes through the services of Morton C Seeley, a well known attorney of Toledo. E. E. Frantz & Company substantiate their federal tax service through the bulletins and special services of the Corporation Trust Company, and other nationally recognized authorities on all phases of tax decisions and application. The painstaking care that is noticeable in the activities of E. E. Frantz & Company in rendering a service of value to clients is shown by the "Tax and Business" bulletins that are prepared monthly by E. E. Frantz and mailed to his patrons and others interested, giving business men the meat of important tax decisions, etc. E. E. Frantz & Company, in view of their associates, are in a well defined position to serve in matters of appraisals. Mr. Frantz is a firm exponent of the policy of having monthly audits and accountancy surveys made on a business enterprise, in view of the practice of being able within a short period easily to detect any losses or financial discords so frequently encountered at unexpected or trying moments in the progress or decline of a concern, and the comparative monthly statements and graphic charts as compiled through the systems followed by E. E. Frantz & Company quickly act as barometers on the business itself. In matters of certified financial reports, corporation work, court cashes, etc., Mr. Frantz takes keen personal pride in demonstrating the abilities of his organization and thoroughness of its practices. With a background of many years in industry and commerce, Mr. Frantz has unusual characteristics to his credit in matters of cost system installation, the building up of routines and the establishment of well defined forms, permitting a mathematical record of operations, expense and revenue, involved in any manufacturing or industrial enterprise; in fact, some three years of his time was devoted to the finding of a simplified system on accounting, the results of which his records show some of his clients report routine work reduced twenty five per cent after installation. E. E. Frantz & Company maintain a traveling representative in the territory tributary to Toledo, and it is an added credential to this Toledo firm of accountants that its good name is bringing patronage from points other than Toledo.

In 1917 Mr. Frantz was married to Miss Mabel Benz and they reside at No. 1137 London square. He is a Lutheran in his religious faith and a Mason in his fraternal relations. He belongs also to the Chamber of Commerce, the Toledo Post, American Legion, and to other organizations.

Toledo and Lucas County, Ohio
BY: John M. Killits, A.M., LL.D.
S. J. Clarke Publishing Company
Chicago and Toledo

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