Wilhelm Schmidt (banker)

Wilhelm Schmidt (born October 23, 1892 in Wunsiedel , † July 8, 1958 in Bad Wiessee ) was a German private banker and most recently managing partner of Schmidtbank in Hof.

Life

Schmidt comes from a family of merchants and drapers in Wunsiedel. His great-grandfather, Christian Karl Matthäus Schmidt, founded a merchandise trade and later a money business, the later Schmidtbank , in 1828 . Wilhelm Schmidt was a son of the banker and secret councilor Karl Schmidt and his wife Katharina, née König. After graduating from high school in 1911 at the Gymnasium in Hof , he served as a one-year volunteer in the field artillery in 1911/12 . He then studied law at the University of Munich , where he became a member of the Corps Franconia . He spent the summer semester of 1914 at the University of Bordeaux . After the outbreak of World War I, he returned to Germany via Switzerland and in August 1914 he was deployed as a reserve officer on the Western Front . In February 1917 he was assigned to an airship division . In October 1917 he became the leader of a balloon train. After being seriously wounded in Flanders (September 1918), he returned home. After the war, Schmidt continued his studies in Munich. It was 1919, the university exams and was 1920 in Würzburg Dr. jur. et rer. pole. PhD . In 1921 he passed the state examination. Practical work at banks and Munich and Berlin completed his training. In 1923 he joined Schmidtbank in Hof as a partner. In 1957 he was able to inaugurate the company's 51st branch in Nuremberg.

Schmidt was a member of the main committee of the Federal Association of the Private Banking Industry in Cologne, the working committee of the Association of Private Credit Institutions in Bavaria, the plenary assembly of the Chamber of Industry and Commerce in Upper Franconia, the supervisory board of the Bayerische Handelsbank and the Hutschenreuther porcelain factory and a member of the administrative board of the Union-Investmentgesellschaft ( Frankfurt am Main).

Awards

• Iron Cross 2nd and 1st class
• Bavarian Order of Military Merit IV class with swords
• 1953: Federal Cross of Merit (Steckkreuz)

literature

• The Munich Francs as at the end of the winter semester 1971/72 . [Munich 1972], p. 375f. (No. 832)