Leipzig Bank

The bank building on Rathausring built by Arwed Roßbach (before 1904)

The Leipziger Bank existed from 1838 to 1901 . It was the first private central bank in Saxony and was based in Leipzig .

history

Founder share for 250 Thaler of Leipziger Bank from August 31, 1839

Share over 1000 marks in the Leipziger Bank from March 4, 1890

Leipziger Bank was founded on September 5, 1838 as a private bank with the legal form of a stock corporation (share capital: 1.5 million talers ). Its founders included the Leipzig merchants and bankers Jean Marc Albert Dufour-Féronce (1798–1861), Gustav Harkort (1795–1865) and Wilhelm Seyfferth (1807–1881). Since 1864 the bank has had its headquarters at Klostergasse 3 (old house number: Klostergasse 16) and had branches in Chemnitz and Dresden . Until 1876 the Leipziger Bank was exclusively a central bank. However, it then waived the right to issue banknotes.

In 1898, construction began on the Leipziger Bank building on Leipziger Rathausring (today: Martin-Luther-Ring ), right next to the New Town Hall , according to plans by the architect Arwed Rossbach (1844–1902).

In 1900 August Heinrich Exner was director of the Leipziger Bank. A risky deal with an industrial company in Kassel ( AG für Trebertrocknung ) as well as stock speculation resulted in a shortfall of 40 million gold marks at the end of June 1901 and the collapse of the Leipziger Bank; at 26. June 1901 was bankruptcy opened in which the creditor could liquidate 67% of their claims.

The as yet unfinished building on Rathausring (as well as the bank building in Klostergasse) went to Deutsche Bank in Berlin . Since the beginning of the 1990s it has been used as the headquarters of the Leipzig branch of Deutsche Bank AG.

literature

• The Leipzig banknote question . In: Illustrirte Zeitung . No. 8 . J. J. Weber, Leipzig August 19, 1843, p. 118-119 ( books.google.de ).

Individual evidence

1. ↑ Aktiensammler 06/02, p. 14f, ISSN  1611-8006
2. ↑ Announcement RGBl. 1876, p. 124 of April 1, 1876