Emanuel Lehman Explained

Emanuel Lehman
Birth Name:Mendel Lehmann
Birth Date:February 15, 1827
Birth Place:Rimpar, Bavaria
Death Place:New York City
Nationality:American
Known For:co-founder of Lehman Brothers
Occupation:Banker
Children:Milton Lehman
Philip Lehman
Harriet Lehman
Eveline Lehman
Family:Henry Lehman (brother)
Mayer Lehman (brother)
Relatives:Lehman family
Signature:Signature of Emanuel Lehman (1827–1907).png

Emanuel Lehman (born Mendel Lehmann; February 15, 1827 – January 10, 1907) was an American banker. He was the younger brother of Henry Lehman and the older brother of Mayer Lehman, and he was a co-founder of Lehman Brothers.[1]

Biography

Emanuel Lehman was born in Rimpar, Bavaria on February 15, 1827, the son of Eva (Rosenheim) and Abraham Lehmann, a cattle merchant.[2] He traveled to the United States in 1847 to join his brother Henry in business.[3]

He married Pauline Sondheim in May 1859, and they had four children. His wife died in 1871.[3]

When the newly formed Mutual Alliance Trust Company opened for business in New York on the Tuesday after June 29, 1902, there were 13 directors, including Lehman, William Rockefeller, and Cornelius Vanderbilt.

Philanthropy and family

In 1897, he donated $100,000 (equivalent to $ million in) to the Hebrew Orphan Asylum of New York, under the condition "to enlarge and perpetuate its usefulness."[4] In May 1859, he married Pauline Sondheim, daughter of Louis Sondheim of New York. Pauline died in 1871. They had four children: Milton Lehman; Philip Lehman, a partner in the firm; Harriet Philip Lehman, and Evelyn Philip Lehman.[5] He was of Jewish background.[3]

See also

Notes and References

  1. Book: Birmingham, Stephen . . 1996 . Syracuse University Press . 0815604114 .
  2. Book: The Lehmans: From Rimpar to the New World : A Family History . 9783826018442 . Flade . Roland . 1999 .
  3. Book: America's Successful Men of Affairs: An Encyclopedia of Contemporaneous Biography . I . Henry . Hall . The New York Tribune Company . 390–391 . 1895 . 2021-12-03 . Internet Archive.
  4. News: Large Gift To Orphans; Emanuel Lehman Offers $100,000 to the Hebrew Benevolent and Orphan Asylum Society . . 1 . February 17, 1897 . 2021-12-03.
  5. News: Philip Lehman, 85, Noted Banker, Dies - Lehman Bros. Senior Partner, Cousin of Ex-Governor - Was an Art Collector. 19 May 2016. The New York Times. March 22, 1947. 13 . subscription.