Lot 102: Yiddish-German Correspondence between Two Jewish-German Banks, Relating to Railroad Tracks in America. Frankfurt, 1812. Autograph

Winner's Auctions & Exhibitions

January 15, 2013
Jerusalem, Israel

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Description: Yiddish letter, sent by the Jewish owner of the Elissen Bank in Frankfurt A.M. to the Jewish owner of the L. Dreyfuss & D. Kaufmann bank in Gernsbach. Signature with Latin letters. Frankfurt A.M., 24.11.1812. Very fine condition. 24x20.5 cm. [1] leaf. Quality, brown paper. Tears with loss in the original fold, on the bottom blank margins, not affecting text. Text on a complete page. Address on the reverse, original folds. In 1809 the Jew, G.J. Elissen, founded a bank in Frankfurt. In 1818, its name was changed to J.L. Speyer-Elissen. In 1838, the name was again changed to Lazard Speyer-Elissen. The Elissen family lived in Frankfurt from the 16th century. The Jewish bank in Frankfurt had business in America. It was a partner in building the iron railroad tracks in America, and arranged money transfers with Mexico and Cuba together with Deutsche Bank. The L. Dreyfuss & D. Daufmann bank was founded in Gernsbach, Germany in 1806 by Jewish partners Leopold Dreyfuss and David Kaufmann. It was owned by both partners through 1833. In 1844, the partnership disbanded and the bank's name was changed to L. Dreyfuss. (Refer to another lot in this catalogue.)
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