Herman W. Hellman

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

Herman W. Hellman
BornSeptember 25, 1843
Reckendorf, Bavaria
DiedOctober 19, 1906[1]
Los Angeles, California
Resting placeHome of Peace Cemetery
OccupationBusinessman, banker, real estate investor
Spouse(s)Isa Heimann
Children4, including Irving Hellman
RelativesIsaias W. Hellman (brother)
Warren Hellman (great-grandnephew)

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. Jewish Museum of the American West: Herman W. Hellman
  3. 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. University of California Press. 7 (1): 82–83. JSTOR 41168619.
  4. 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. 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
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.