Jacob Friedrich Schmid

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The banker Jacob Friedrich Schmid with his family in front of the country house in Kriegshaber around 1820

Jacob Friedrich Schmid (born September 3, 1777 in Ebingen , † January 11, 1824 in Augsburg ) was a German banker in Augsburg.

biography

family

Schmid came from a family of craftsmen of weavers and calico printers and grew up in simple circumstances. His parents Jacob Friedrich Schmid and Maria Magdalena, geb. Braig, died very early. Nevertheless, he is said to have received a very good education. As a result of his economic success he managed to get married on August 24, 1806 with Susanna Johanna Elisabeth von Rad, a daughter of Paul von Rad and his wife Elisabeth Jacobine, née. Baron Liebert von Liebenhofen to marry into the Augsburg patriciate and business class. There were nine children from the marriage.

The headquarters of the Erzberger & Schmid bank in Augsburg, Maximilianstrasse 59

Commercial activity

Schmid completed his commercial training in the Swiss cities of Bern , Morges , Lausanne and most recently in Basel , where he met Dietrich Erzberger, who was around the same age .

On November 1, 1804 opened Erzberger, Schmid and Carl Joseph Wollmuth in Augsburg, a trading house , the first as & Erzberger Co. changed its name. After Wollmuth left, the banking business was continued under the company Erzberger & Schmid from February 5, 1810 . In addition to the original company name, there is further evidence that Erzberger was the main shareholder from the start. Shortly before the company was founded, he married a daughter of the wealthy Augsburg calico manufacturer Johann Heinrich von Schüle . In addition, he was one of the 10 highest taxed citizens of Augsburg as early as 1830, while the son and heir of the partner, Jacob Friedrich Benedict Schmid Jr., who died in 1824 , does not even appear among the 20 highest taxed persons, although the deceased had left behind an impressive fortune.

Little is known about the activities of the bank during this period, but it is likely that it was primarily concerned with bills of exchange. At that time, Augsburg was the most important financial center for money and exchange trading in the various German currencies. The company flourished.

Around 1810 Schmid had an estate built for himself in Kriegshaber , Ramsbergstrasse 19, which was then in front of the city walls of Augsburg . The building, known as the Franzosenhof, still stands today. In 1812 he bought the stately Rad'sche Haus in Augsburg, Grottenau 2, from his mother-in-law.

After Schmid's death, his eldest son Jacob Friedrich Benedict Schmid jun. graduated from the law studies at the Friedrich-Alexander-Universität Erlangen in 1823 . In preparation for joining the Erzberger & Schmid banking house , he trained as a businessman in Switzerland and Italy .

Honorary positions

In 1823, Schmid became the representative Assessor in exchange - Appeal appointed Augsburg.

literature

  • Peter Fassl: The Schmid banking family . In: Entrepreneurs - Employees. Pictures of life from the early days of industrialization in Bavaria . 2nd edition, Verlag Oldenbourg, Munich 1987, p. 123 ff, ISBN 3-486-52772-X .
  • Friedrich Schmid: Jakob Friedrich and Paul Schmid . In: Life pictures from Bavarian Swabia. Publications of the Swabian Research Association at the Commission for Bavarian State History . Vol. 4. Max Hueber Verlag, Munich 1955, p. 360 ff.
  • Wolfgang Zorn: Trade and industrial history of Bavarian Swabia 1648-1870. Economic, social and cultural history of Swabian entrepreneurship. Publications of the Swabian Research Foundation at the Commission for Bavarian State History. Series 1. Studies on the history of Bavarian Swabia. Vol. 6. Verlag der Schwäbische Forschungsgemeinschaft, Augsburg 1961.

Web links

Individual evidence

  1. ^ A b Friedrich Schmid: Jakob Friedrich and Paul Schmid . In: Life pictures from Bavarian Swabia. Publications of the Swabian Research Association at the Commission for Bavarian State History . tape 4 . Max Hueber Verlag, Munich 1955, p. 360 ff .
  2. ^ Frank Möller: Bourgeois rule in Augsburg 1790-1880 . In: City and Bourgeoisie . tape 9 . R. Oldenbourg Verlag, Munich 1998, ISBN 3-486-56387-4 , p. 112 .
  3. ^ Verlag EH Kunstmann (ed.): Personnel level of the Friedrich-Alexanders University Erlangen in its first century . Printing and publishing house EH Kunstmann, Erlangen 1843, p. 214 No. 87 .
  4. Karl Bosl (ed.): Bosls Bayerische Biographie. 8000 personalities from 15 centuries . Verlag Friedrich Pustet, Regensburg 1983, ISBN 3-7917-0792-2 , p. 683 .
  5. Intelligence Journal for the Kingdom of Baiern from September 24, 1823. No. 35. Col. 1377.