E. E. FRANTZ
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
Lucas County, Ohio Biographies
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