CORPORATION TRUST CO.
OF N. J.
Dave Thompson scan
The Corporation Trust Company of New Jersey was formed in 1892, and was packed with people with political connections. The directors included the state Governor, Leon Abbett, among others. The firm acted as a corporate transfer agent, and provided shelter and support to big businessmen that used its services.
The company effectively helped lure companies to move to or establish themselves in New Jersey by making compliance with local laws simpler and more efficient.