Emanuel Lehman

Emanuel Lehman was an American banker. He was the younger brother of Henry Lehman and the older brother of Mayer Lehman, and he was a co-founder of Lehman Brothers.

Biography

Emanuel Lehman was born in Rimpar, Bavaria on February 15, 1827, the son of Eva and Abraham Lehmann, a cattle merchant. He traveled to the United States in 1847 to join his brother Henry in business.
He married Pauline Sondheim in May 1859, and they had four children. His wife died in 1871. he died of natural causes on the afternoon of January 10 1907 in New York City at 79.
When the newly formed Mutual Alliance Trust Company opened for business in New York on the Tuesday after June 29, 1902, there were 13 directors, including Lehman, William Rockefeller, and Cornelius Vanderbilt.

Philanthropy and family

In 1897, he donated $100,000 to the Hebrew Orphan Asylum of New York, under the condition "to enlarge and perpetuate its usefulness." In May 1859, he married Pauline Sondheim, daughter of Louis Sondheim of New York. Pauline died in 1871. They had four children: Milton Lehman; Philip Lehman, a partner in the firm; Harriet Philip Lehman, and Evelyn Philip Lehman. He was of Jewish background.