Emanuel Lehman
Born
Mendel Lehmann

(1827-02-15)February 15, 1827
Rimpar, Bavaria
DiedJanuary 10, 1907(1907-01-10) (aged 79)
New York City
NationalityAmerican
OccupationBanker
Known forco-founder of Lehman Brothers
Spouse
Pauline Sondheim
​
​
(m. 1859; died 1871)​
ChildrenMilton Lehman
Philip Lehman
Harriet Lehman
Eveline Lehman
RelativesLehman family
FamilyHenry Lehman (brother)
Mayer Lehman (brother)
Signature

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.[4]

Philanthropy and family

In 1897, he donated $100,000 (equivalent to $3.5 million in 2023) to the Hebrew Orphan Asylum of New York, under the condition "to enlarge and perpetuate its usefulness."[5] 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.[6] He was of Jewish background.[3]

See also

References

  1. ^ Birmingham, Stephen (1996). Our Crowd: The Great Jewish Families of New York. Syracuse University Press. ISBN 0815604114.
  2. ^ Flade, Roland (1999). The Lehmans: From Rimpar to the New World : A Family History. ISBN 9783826018442.
  3. ^ a b c Hall, Henry, ed. (1895). America's Successful Men of Affairs: An Encyclopedia of Contemporaneous Biography. Vol. I. The New York Tribune Company. pp. 390–391. Retrieved December 3, 2021 – via Internet Archive.
  4. ^ "Mutual Alliance Trust Co.", The New York Times, New York, p. 36, June 29, 1902, retrieved December 3, 2021 – via Newspapers.com
  5. ^ "Large Gift To Orphans; Emanuel Lehman Offers $100,000 to the Hebrew Benevolent and Orphan Asylum Society" (PDF). The New York Times. February 17, 1897. p. 1. Retrieved December 3, 2021.
  6. ^ "Philip Lehman, 85, Noted Banker, Dies - Lehman Bros. Senior Partner, Cousin of Ex-Governor - Was an Art Collector". The New York Times. March 22, 1947. p. 13. Retrieved May 19, 2016.


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