Jump to content

Herman W. Hellman

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Ser Amantio di Nicolao (talk | contribs) at 18:54, 8 August 2018 (Removing from Category:American bankers using Cat-a-lot). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Herman W. Hellman
BornSeptember 25, 1843
DiedOctober 19, 1906[1]
Resting placeHome of Peace Cemetery
Occupation(s)Businessman, banker, real estate investor
SpouseIsa Heimann
Children4, including Irving Hellman
RelativesIsaias W. Hellman (brother)
Warren Hellman (great-grandnephew)

Herman W. Hellman (1843–1906) was a German-born Jewish businessman, banker, and real estate investor in Los Angeles, California.

Early life

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, California on May 14, 1859 as a sixteen-year-old.[2][4]

Career

He started working as a courier from Wilmington 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]

The Hellman Building in Downtown Los Angeles in 2008.

He was a large landowner in Los Angeles.[2] In 1903, he hired architect Alfred Rosenheim to design the Hellman Building named in his honor.[2] The eight-story building in Downtown Los Angeles still stands today, on the corner of Fourth Street (Los Angeles, California) and Spring Street (Los Angeles, California).[2][3][4]

He served as President of the Congregation B'nai B'rith, later known as the Wilshire Boulevard Temple.[2]

Personal life

Marco Hellman
Irving Hellman

He married Ida Heimann (1851-1923) who was one of his cousins, 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:[6]

  • Clothilde Hellman (1875–1884)[6]
  • Frieda Hellman (1876–1944)[6]
  • Marco H. Hellman (1878–1948), a banker.[2]
  • Irving H. Hellman (1883–1975) a civil engineer.[2]
  • Amy Hellman (1888–1920)[2]

Death

He died of a diabetes-induced coma on October 19, 1906 in Los Angeles, California.[2][3] He was buried at the Home of Peace Cemetery in East Los Angeles.[2]

References

  1. ^ "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
  2. ^ a b c d e f g h i j k l m n o p q r s t u v w x Jewish Museum of the American West: Herman W. Hellman
  3. ^ 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. JSTOR 41168619.
  4. ^ a b c d Sam Watters (December 26, 2009) "Hellman buildings were inspired by national spirit," The Los Angeles Times
  5. ^ George Ward Burton (1904) Men of Achievement in the Great Southwest, p.59, Los Angeles Times
  6. ^ a b c 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