Hermann Otte

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Hermann Otte

Hermann Peter Carl Otte (born February 3, 1842 in Lübeck ; † February 6, 1924 in Wiesbaden ) was a German bank director and member of the Lübeck citizenship .

Life

origin

Hermann was the son of cymbal master Franz Hermann Anton Otte and his wife. He was the oldest of eight siblings in a modest family . His mother was the daughter of the then also known in the Schmiedestraße living Schlosser family of Hermann Christian Jenss.

career

Otte completed the v. Grossheim'sche Realschule so quickly that he graduated at the age of 14. Because of his youth , he stayed in first grade for nine months. There he served as a colleague of later in Berlin acting Receding Carl von Großheim , the bank manager Burjan, Vyborg and other later well-known men.

When Carl Winckelmann, director of the Credit and Insurance Bank founded in 1856, was looking for a good calculator for his bank , the then well-deserved headmaster Gustav Friedrich Bruhns recommended the young Otte to him. On March 1, 1857, he joined the private bank as an apprentice with a duty of five years . During this time work was also carried out on Sundays and public holidays , and the Hamburg money crisis in 1857 and the Italian War in 1859 severely affected the bank, which on June 1, 1859 was renamed Commerz-Bank in Lübeck . In October 1861, the young civil servant was appointed authorized signatory of the bank from among more than 60 applicants , thus shortening his apprenticeship . At the time, however, the administration raised strong opposition to the election of the 19-year-old.

Director Wickelmann left the bank at the beginning of 1864. Wilhelm Spiegeler was appointed as his successor as managing director and the 22-year-old Otte was appointed co-director. The importance of this position was not great, however, because at that time the board of directors functioned as a board member within the meaning of the law. The focus of business was therefore on the board of directors.

The banking house (1910)

The newly founded "Lübecker Bank" began its business activities on January 2, 1872. The Supervisory Board of the private bank consisted of Senator William Brehmer as chairman, Consul August Rheder as his deputy, Cay Dietrich Lienau as Church President of the Management Board of merchants entrusted with the tasks of an economic authority Chamber of Commerce, Consul Heinrich Mann , Johannes Schramm and Joh. Andr. Wolpmann. Messrs Spiegeler and Otte were elected members of the board and were jointly authorized to subscribe to the company.

A fundamental change in the organization of the bank was made in 1886. The existing far from Spiegeler and Otte Directorate was transferred to a responsible board. When Director Spiegeler suddenly died on May 10, 1893, the previous second director was essentially given sole responsibility for managing the bank on an interim basis.

Over the years, the bank lost its reputation due to severe strokes of fate . Now Otte wanted to put the bank on a new basis, to regain lost trust and to break new ground to new goals. His work and creation was supported by the trust of the Supervisory Board. The aim was to promote Lübeck's economic conditions in the areas of trade , large and small industry. The director undertook this difficult task with insight and energy, and by the end of the year had essentially laid the foundations for the bank to flourish again. The Supervisory Board of Commerz-Bank elected Ernst Stiller as co-director of the bank on January 1, 1894, and the bank continued to regain ground.

For health reasons, Otte moved to Wiesbaden in 1915, during the First World War . After his departure , however, he continued to have lively relationships with his Lübeck family and friends until shortly before his death .

Public life

Attention was drawn to the bank's successes and efforts were made to win over director Otte's work for the general public.

At the June 1875 I. constituency ( Jakobi Quartier addition to the suburban St. Gertrud held) choice for citizenship Otte has not yet been chosen. Of 1295 eligible voters , only 145 (11%) took part in the election and Otte received only 1 vote .

The Senate chose Otte as successor to the out of the office outgoing Doctor of Laws Ludwig Müller for Civil deputies to the Central Arms deputation. Georg Eduard Tegtmeyer, son of the deceased senator and owner of Tegtmeyer & Co., was elected by the Senate on June 19, 1886 as his successor .

Senate commissioners and spokesmen sat on the raised seats at the meetings

In the supplementary election in the 1st constituency (Jakobi Quartier and the suburb of St. Gertrud) on June 17, 1901, the Otte set up by the Father City Association was elected. Of the 944 eligible voters, 754 (79.8%) had voted and the candidate received 480 votes.

On the basis of the new electoral law passed on August 9, 1905 with the corresponding constitutional amendment, on November 14th in the country and on the 17th in the city the renewal of a third of the citizenship, with 40 new members to be elected, was carried out. In order to keep the number of citizenship members at 80 after those elected since 1899, the drawing of five members was necessary. In the new elections that have now taken place, Otte was re-elected.

In March 1908 the Federal Council elected bank director Otte as a member of the Reich Exchange Committee and the businessman Johannes Boye as his deputy there for a period of five years .

From his rich knowledge, he often promoted the interests of public life , as far as his busy occupation allowed it. In order to promote the education of the young merchants , the director frequently appeared before the public in the fields of banking , money , stock exchange and finance .

When Hermann Wilhelm Fehling was elected President of the Chamber of Commerce, Otte moved up to his place in the Chamber on December 30, 1902. At the meeting of the merchants' union on December 15, 1908, Carl Dimpker was re-elected as President and the members Friedrich Wilhelm Evers, Heinrich Adolf Ludwig Krüger and Otte were elected to the Chamber of Commerce.

To rebuild the theater one was new theater Commission formed. Were included in the Commission of the Senate , the senators Johann Hermann Eschenburg , Eugen Emil Arthur Kulenkamp and Julius proliferating and from the citizens' committee John Daniel Benda , August Sartori (educator) selected Ernst Claus Heinrich Blunck, Heinrich Goertz, Hermann Wilhelm Behn, William Stender and Otte . Hermann Meyer, Ernst Wittern and Max Buchwald were elected as substitutes . In addition, building director Johannes Baltzer and building officer Eugen Deditius were on the commission.

As a member of the house and landowner association , Otte constantly tried to set up a mortgage bank .

At their meeting on November 15, 1881, the Society for the Promotion of Charitable Activities accepted Otte as a full member of the Society.

Otte distracted himself in the areas of literature and the arts that had cast a spell over him from his youth . As a strong admirer of Goethe literature , he was active several times as a writer and artist. The director used to jokingly say that he had missed his job as a bank director, but that he was happy to have done and perhaps still be able to do something quite decent as such.

At the general assembly of the members of the Lübeck Schiller Foundation on October 29, 1883, Adolph Erasmi was elected in place of Otte, who regularly resigned from the office of auditor . At the meeting on November 22, 1891, he was re-elected to office . On December 10, 1893, he was reappointed as auditor for the retiring Louis Schütt . When Ernst Wendt stepped down from the foundation's board of directors for health reasons , she appointed Otte as his successor.

The direction of Harmonie elected Otte in place of Conrad Rodemann, he joined the Association of Art Friends in 1892 - this is today's Overbeck Society - and as a Freemason , he worked for many years in the circle of the "Zur Weltkugel" lodge as its treasurer.

In 1892 the Lübeck section of the German and Austrian Alpine Association was founded. When their first report appeared in March 1894, it consisted of 25 members. The board of directors was elected at the meeting. Its chairman was the senior teacher Heinrich Giske vom Katharineum , the deputy chairman was the lawyer Heinrich Görtz , the secretary was the bank director Otte, the treasurer was the lawyer Ernst Achilles , who died the following year, and the librarian Pastor Johannes Evers .

References

Web links

Commons : Hermann Otte  - Collection of images, videos and audio files

literature

  • For the 50th anniversary of the bank director Hermann Otte. , in: Vaterstädtische Blätter , year 1907, no. 10, edition of March 3, 1907, pp. 37–38.
  • Director of Commerzbank a. D. Hermann Otte †. , in: Vaterstädtische Blätter , year 1923/24, No. 6, edition of February 24, 1924, p. 21 – s.

Individual evidence

  1. Local and mixed notes. , in: Lübeckische Blätter , Volume 13, No. 105, Edition of December 31, 1871, p. 587.
  2. Local and mixed notes. , in: Lübeckische Blätter , 36th volume, No. 1, edition of January 3, 1894, p. 4.
  3. citizenship election. , in: Lübeckische Blätter , 17th volume, no. 48, edition of June 16, 1875, p. 278.
  4. Local and mixed notes. , in: Lübeckische Blätter , Volume 22, No. 50, Issue of June 23, 1880, p. 296.
  5. Local and mixed notes. , in: Lübeckische Blätter , Volume 28, No. 51, Edition of June 27, 1886, p. 295.
  6. Citizenship elections. , in: Lübeckische Blätter , 43rd volume, no. 25, edition of June 23, 1901, pp. 314-315.
  7. ^ Constitutions of the Free and Hanseatic City of Lübeck
  8. ^ Citizenship replacement election. , in: Vaterstädtische Blätter ; Year 1905, No. 47, edition of November 19, 1905, pp. 193–194
  9. weekly chronicle. , In: Vaterstädtische Blätter , year 1908, No. 11, edition of March 15, 1908, p. 44.
  10. ^ Assembly of the merchants. , in: Lübeckische Blätter , Volume 45, No. 1, edition of January 4, 1903, p. 14.
  11. Local Notes. , in: Lübeckische Blätter , Volume 50, No. 51, Edition of December 20, 1908, p. 824.
  12. Local Notes. , in: Lübeckische Blätter , Volume 48, No. 1, edition of January 7, 1906, p. 12.
  13. ^ Society for the promotion of charitable activities. , in: Lübeckische Blätter , Volume 23, No. 92, Edition of November 16, 1881, p. 531.
  14. Local and mixed notes. , in: Lübeckische Blätter , Volume 25, No. 87, Edition of October 31, 1883, p. 508.
  15. Local and mixed notes. , in: Lübeckische Blätter , 33rd volume, No. 94, edition of November 25, 1891, p. 560.
  16. Local and mixed notes. , in: Lübeckische Blätter , 35th Volume, No. 99, Edition of December 13, 1893, p. 580.
  17. Schiller Foundation . , in: Lübeckische Blätter , Volume 36, No. 101, Edition of December 19, 1894, p. 674.
  18. Local and mixed notes. , in: Lübeckische Blätter , Volume 21, No. 84, edition of October 19, 1879, p. 476.
  19. ^ Association of Art Friends. , in: Lübeckische Blätter , Volume 34, No. 7, Edition of January 24, 1892, p. 43.
  20. ^ The Lübeck section of the German and Austrian Alpine Club. , in: Lübeckische Blätter , 36th volume, no. 20, edition of March 11, 1894, pp. 159–160.