Walter Hammerstein

Walter Hammerstein (born August 1, 1862 in Mülheim an der Ruhr ; † October 15, 1944 there ) was a German banker and founder of Broich-Speldorfer Wald- und Gartenstadt AG .

Life

In 1888 Walter Hammerstein founded a private bank together with his brothers Wilhelm and Richard in the municipality of Broich - today Mülheim an der Ruhr - with a branch in Berlin. The focus of the business was on the sale of Kuxen , shares and securities. At times the bank had 46 employees, 40 of them in Mülheim an der Ruhr. In 1908 the bank was liquidated by the owner. The bank was re-established in 1911 under a relative in Oberhausen - Hermann Hammerstein. In 1934 the Mülheim branch was dissolved, the branch in Berlin was merged with the Darmstädter und Nationalbank .

Hammerstein is considered the spiritual father of Broich-Speldorfer Wald- und Gartenstadt AG , a stock corporation founded in 1906, which was supposed to enable wealthy entrepreneurs to live in the countryside on the outskirts of industrial cities and thereby prevent migration to other regions.

literature

• Vaterstädtische Blätter (weekly for homeland studies and homeland maintenance on the lower Ruhr) 1906, no.48.
• Vaterstädtische Blätter (weekly for homeland studies and homeland maintenance in the lower Ruhr) 1907, no.50.
• Rüdiger Jordan: The Broich-Speldorfer forest and garden city. To adapt the garden city idea in Mülheim ad Ruhr . Mülheim an der Ruhr, 1998 (seminar paper).
• Frank Messing: Initiator of the Broich-Speldorfer forest and garden city: Walter Hammerstein in: Horst A. Wessel (Ed.): Mülheim entrepreneurs: pioneers of the economy. Business history in the city on the river since the end of the 18th century . Klartext Verlag, Essen 2006, pp. 361–364.

Web links

• History of the Broich-Speldorfer forest and garden city