Leipziger Hypothekenbank
| Leipziger Hypothekenbank | |
|---|---|
| legal form | Corporation |
| founding | 1863 |
| resolution | 1945 |
| Seat | Leipzig |
| management | 1896–1901 Karl Rothe |
The Leipziger mortgage bank was a bank that loans against mortgage pledge of land and buildings and granted mortgages to finance mortgage bonds spent.
history
The predecessor of the Leipziger Hypothekenbank was the Ritterschaftliche Hypothekenbank of the Leipziger Kreis . This was a company founded in 1842 as an association , which only manor owners could join and only if they had property that would enable them to take out a loan of 1000 thalers . The association granted loans against interest and other fees on loan from the land.
With the establishment of the Aktiengesellschaft Leipziger Hypothekenbank in 1863, the conditions for taking out a loan on real estate were relaxed. Any property in Saxony and beyond could be pledged. The seat of the bank was Leipzig . The philosophy lecturer Oswald Marbach was one of its founders . From 1896 to 1901, its director was the later mayor of Leipzig, Karl Rothe , who later still served on the bank's supervisory board. (Signature in the gold Pfandbrief shown)
As a result of the merger with Sächsische Bodencreditanstalt in 1930, Leipziger Hypothekenbank gave up its independence and was continued as a branch until 1945.
Web links
- Leipziger Hypothekenbank. In: Main State Archives Dresden . Retrieved February 16, 2018 .