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Hallgarten & Company
Hallgarten & Company was an investment bank based in New York that was founded in 1850 〔Bankers magazine, Volume 61, 1900, page 944〕 by Lazarus Hallgarten, a native of Hesse.
==History==
Lazarus Hallgarten arrived in the United States in 1849. His initial activity was as a note and exchange broker opening an office at 20 Exchange Place in 1850. This yielded a moderate income and enabled him to start as a banker.〔American Jewish history: the colonial and early national periods ..., Volume 2 By Jeffrey S. Gurock, American Jewish Historical Society page 71,〕 Initially the firm was called Hallgarten & Herzfeld (the other partners being Joseph Herzfeld, Samuel Neustadt, William Rosenheim and Hallgarten's two sons), which eventually became Hallgarten & Co. from January 1, 1867 after Herzfeld retired. After 1865 the firm developed into a stock and bond dealing house. The founder maintained his connections back in Europe and cultivated the flow of German capital into American railroad investments in the post-Civil War era.〔The history of foreign investment in the United States to 1914 By Mira Wilkins〕
Lazarus Hallgarten died in 1875, and Rosenheim and Neustadt left the partnership. Both retiring partners returned to Germany with Rosenheim (who was married to Maria Hallgarten - daughter of L. Hallgarten) founding Wilhelm Rosenheim & Company in Berlin and Neustadt founding Gebruder Neustadt in Frankfurt. Two of the three sons of Lazarus carried on the New York business with new partners (Bernhard Mainzer and Sigmund Neustadt - Samuel's son).〔History of Hallgarten & Co 1850-1950, unpublished〕 One of these sons was Julius Hallgarten (founder of the Hallgarten Prize for oil painting), who died in Davos, Switzerland in 1883,〔New York Times January 10, 1884〕 while the other was Charles Hallgarten (Karl Lazarus Hallgarten) who died in Frankfurt am Main in 1908.
The firm became a member of the New York Stock Exchange on January 1, 1881.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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