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In the course of the bankruptcy of the banking house and court settlement proceedings, as all of Schüler's properties were completely over-indebted, Schüler lost all of his assets.(1931-1932) Paul Schüler's trading license was revoked in 1938. Paul Schüler and his wife Clothilde were deported from Gelsenkirchen-Dortmund to the Riga ghetto. They were retroactively declared dead by the Bochum district court on 31.12.1945.(27.01.1942)<ref name=":0" />
In the course of the bankruptcy of the banking house and court settlement proceedings, as all of Schüler's properties were completely over-indebted, Schüler lost all of his assets.(1931-1932) Paul Schüler's trading license was revoked in 1938. Paul Schüler and his wife Clothilde were deported from Gelsenkirchen-Dortmund to the Riga ghetto. They were retroactively declared dead by the Bochum district court on 31.12.1945.(27.01.1942)<ref name=":0" />

==References==
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[[Category:Jewish art collectors]]

Revision as of 05:41, 8 December 2023

Paul Schüler (1876-1945) was a German Jewish banker and art collector murdered in the Holocaust.

Early years and family

Paul Schüler (January 21, 1876- (Retroactively declared dead on 31.12.1945.) was born into a German Jewish family in Bochum. His father was the banker Hermann Schüler. His brother was Oskar Schüler.[1]

Banking

Schüler owned Bankhaus Hermann Schüler: until 1920 jointly with his brother Oskar Schüler, from 1929 sole owner (until 1932)[1]

Art collection

Schüler owned Picasso's 1903 blue period painting The Tragedy (Die Armen) and loaned it for exhibition in the Sonderbund in 1912. Until recently, art historians mispelled his name as "Schubert" based on faulty information from the art dealer Paul Rosenberg.[2]

Nazi-era persecution, deportation and death

As a result of the banking crisis, Bankhaus Hermann Schüler ran into financial difficulties in 1931 and ceased business operations in 1932 with bankruptcy. The bank had high liabilities to Dresdner Bank and Danatbank (1931-1932).

In the course of the bankruptcy of the banking house and court settlement proceedings, as all of Schüler's properties were completely over-indebted, Schüler lost all of his assets.(1931-1932) Paul Schüler's trading license was revoked in 1938. Paul Schüler and his wife Clothilde were deported from Gelsenkirchen-Dortmund to the Riga ghetto. They were retroactively declared dead by the Bochum district court on 31.12.1945.(27.01.1942)[1]

References

  1. ^ a b c "Schüler, Paul | Proveana". www.proveana.de. Retrieved 2023-12-08.
  2. ^ "The Tragedy, 1903". National Gallery of Art. [3] The invoice from Paul Rosenberg to Chester Dale incorrectly names the prior owner as Mr. Schubert, Bochum. Information regarding Paul Schüler's ownership was kindly provided by Stefan Koldehoff (copies in NGA curatorial files). The incorrect name on the Rosenberg invoice suggests that he did not acquire the painting directly from Schüler.