Herman W. Hellman
Herman W. Hellman | |
---|---|
Born | September 25, 1843 |
Died | October 19, 1906[1] |
Resting place | Home of Peace Cemetery |
Occupation(s) | Businessman, banker, real estate investor |
Spouse | Isa Heimann |
Children | 4, including Irving Hellman |
Relatives | Isaias W. Hellman (brother) Warren Hellman (great-grandnephew) |
Herman W. Hellman (1843–1906) was an American businessman, banker, and real estate investor.
Early life
[edit]Herman W. Hellman was born on September 25, 1843, in Reckendorf, Bavaria.[2][3] He emigrated to the United States with his brother Isaias W. Hellman, arriving in Los Angeles on May 14, 1859, as a sixteen-year-old.[2][4]
Career
[edit]He started working as a courier from Wilmington, California, to Los Angeles for Phineas Banning.[2][5] In 1861, he worked for his uncle, Samuel Hellman, who had a store in Los Angeles.[2] Shortly after, he opened his own store at Downey Block.[2]
He established a wholesale grocer's called Hellman, Haas & Co. with Jacob Haas, the brother of Abraham Haas.[2][3] They sold groceries in Southern California, Arizona, New Mexico and Texas.[2][3] As his business prospered, he became one of the wealthiest men in Los Angeles by the 1880s.[2] The company later became known as Baruch, Haas, & Co.[2]
In 1890, he became vice president and general manager of The Farmers and Merchants Bank of Los Angeles, a bank established by his brother.[2][3][4] He was later demoted by his brother, who found his lending practises too lenient.[2] He resigned in 1903, and became the president of the Merchants National Bank instead.[2][3][4] He also became a co-founder of the Los Angeles Chamber of Commerce.[2]
Hellman Buildings
[edit]Hellman was a large landowner in Los Angeles.[2] He had many buildings constructed bearing his name over the years: had built buildings also known as "Hellman Building" (also "H. W. Hellman Building" & "New Hellman Building"):[6]
- one mentioned in 1876 on Third Street between Main Street and Spring streets, where a musical boarding school was located[7]
- one built in 1882 on Main and Commercial streets "next to Litchenberger's", between Court and First streets[8]
- one at Third and Main streets in 1892[9]
- another at the northeast corner of Second Street and Broadway in 1897[10]
In 1903, he hired architect Alfred Rosenheim to design the Hellman Building at Fourth and Spring streets.[2] The eight-story building in Downtown Los Angeles still stands today, converted to residential use.[2][3][4]
He served as president of the Congregation B'nai B'rith, later known as the Wilshire Boulevard Temple.[2]
Personal life
[edit]He married his cousin Ida Heimann on July 26, 1874, while on a trip in Italy.[2] They resided on South Hill Street in Los Angeles and owned a secondary home in Alhambra.[2] They had five children: Clothilde, Frieda, Marco, Irving, and Amy.[11][2]
Death
[edit]Hellman died of diabetes on October 19, 1906, in Los Angeles.[2][3] He was buried at the Home of Peace Cemetery in East Los Angeles.[2]
References
[edit]- ^ "HELLMAN IS DEAD: Local Banker Dies Suddenly; Multi-Millionaire's Relatives at Bedside During His Last Moments; Attended to Vast Interests Until His Strength Gave Away; Was One of Best Known Men of Finance in Western World" (Oct 19, 1906) Los Angeles Times
- ^ a b c d e f g h i j k l m n o p q r s t u v Jewish Museum of the American West: Herman W. Hellman
- ^ a b c d e f g H.D. Barrows (1906). "Herman W. Hellman". Tenth Annual Report of the Pioneers of Los Angeles County and the Annual Publication of the Historical Society of Southern California. 7 (1). University of California Press: 82–83. doi:10.2307/41168619. JSTOR 41168619.
- ^ a b c d Sam Watters (December 26, 2009) "Hellman buildings were inspired by national spirit," The Los Angeles Times
- ^ George Ward Burton (1904) Men of Achievement in the Great Southwest, p.59, Los Angeles Times
- ^ Search for "Hellman Building" in Los Angeles, California newspapers, newspapers.com
- ^ Untitled news item, Los Angeles Express, October 6, 1876, p. 3
- ^ Untitled article, Los Angeles Herald, March 18, 1882, p.3
- ^ Untitled news item, Los Angeles Times, September 2, 1892, p.8
- ^ Hellman Building, Water and Power Associates
- ^ Frances Dinkelspiel (2008) Towers of Gold: How One Jewish Immigrant Named Isaias Hellman Created California, St. Martin's Press, New York ISBN 978-0-31235-526-5
External links
[edit]- Media related to Herman W. Hellman at Wikimedia Commons
- American financial company founders
- American real estate businesspeople
- 1843 births
- 1906 deaths
- American bank presidents
- American investment bankers
- American financial businesspeople
- Landowners from California
- Businesspeople from Los Angeles
- Deaths from diabetes in California
- Farmers and Merchants Bank of Los Angeles people
- Philanthropists from California
- American people of German-Jewish descent
- Bavarian emigrants to the United States
- People from Bamberg (district)
- People from Los Angeles
- 19th-century American businesspeople
- 20th-century American businesspeople
- 19th century in Los Angeles
- 20th century in Los Angeles
- 19th-century American philanthropists
- People from Reckendorf
- Hellman family