New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-04-27
OBITUARY..
InsEpH sELIaMAN.

q JOSEbH EElSkfD1AN.
Joseph seigmaD, the fonnder of the banking
house Of J. Sc w. Seligman & Co. at No. II Broad.
at. died ON Sunday Of heart disease. at the house OF
daughter. Mrs. Theodore Hellman, in Naw-0 Orleans.
He had been suffering from the disease for long
time. and by the advice Of hisphysican, Dr. Loomis
he went South to see If the change would not Inn
prove his health In company with his wife ne went
to Jacksonville Ela and afterward to the residence
of his daughter, whose husband has charge OF tne
New.Orleans branch of the firms business. he
seemed TO improve in the South, and had made prep
arations to come TO the city this week. but wItnrn
the last few days change for the worse IN his con-
dition was noticed. Mr.. Seligrnan leaves wiie'
five sons and four daughters. The daughters are Ars
Hellman, of New Orleans, Mrs. Spegeberg and Mrs.
Walker, of this city, and Mrs. Lilienthal, OF San
Francisco. The body will DO brought TO this eity'
and the funeral services will BIO held at his house,
No. 20 West Thirty .fourtb-st, on Saturday or Mon
day.
Mr.. selgman was the oldest Of eight brothers. He
was born in Bavaria, September %, 1919, Of He
brew parentage. His higher education was received
In the University Of Erlanger from which ne was
graduated. When nineteen years old ne came 70
this county and shortly aferward took the position
of cashier for Asa Packer, at Nesquehoning, PENN.
where he remained two years. In 1S41 ne went TO
Greensboro. Ala where he entered mercantile
business. With his seven brothers he opened
house in this cityin 1S4S as importer OF
remained for fourteen years in that branch OF trade
In 1862 he founded the banking-house which has
now branches in different parts Of the world under
the direction Of members Of the family. All bis
brothers are still living Jesse and james arc con-
nected with the house in Broad-st., Leopold and
Issac are in London. William is In Paris and Henry
and Abraham are in Frankfort-on-the-Main. In
1872 Joseph went to San Francisco and opened o
| branch Office, which has since become the Anglo
California Bank.
As business man Joseph Seligman was looked
upon as one Of keen Judgment, great foresight ana
remarkable sagacity. His brothers always went 10
him for advice in business matters, and the bono OF
affection between them was very strong. Inc nrm
| showed very active interest In Secretary Sner-
mans refundipg operations. 1t has taken proml-
nent part in the different syndicates since 1875 ana
has aided to place the United States bonds on the
market in this country and Europe In the great
syndicate of April, 1870, when about $4,000 1000
of Government bonds were put in the market. the
firm took 500 900, 900. Joseph SeliRman was d.
rector in several banks and insurance companies,
including the Equitable Life Assurance Society and
Real Estate Trust Company, aud was the principal
director and organizer of the st. Louis and san
Francisco Railroad, which grew out of the Atlantic
and Pacific Railroad. He was formerly director
| in the Characterization Bank and was cnairinan
| of the Rapid Transit Commission which selected
tho routes for the different roads.
In his private life Mr. Seligman was very mucu
devoted to works of charity, and OF late years his
Gifts have principally been nOn-sectarian IN CHAR
acter. He was the founder of the Hebrew Orphan
Asylum of which bis brother is now president. ne
was an intimate friend of Professor Felix Adler ano
was one of the founders and the president OF tnt
Society of Ethical Culture. lie was greatly inter
ested In the industrial schools and free klnderger
tens In the city, Within the last six months MT
Serman gave $4,000 for the relief works con
nected with the Society of Ethical Culture. he wa,
| connected with the recent colonization project; a
different times he aided many OF the charitable III
situations IN the city. .,., hos.
| He was q member of the Harmonic CLUB, Hebrew
| organization and was member, ana IOr many year
| the ylce-president of the Union League Cup. III
| 1877 Mr. SelIgman had q controversy with JudgI
| Hilton, because he refused admitt1nce as
rnest into the Grand Union Hotel. Saratoga, on &C
| connt of his race we'll known Hebrew said yes
| tertiay Joseph SellRman was without doubt tn
| most prominent Hebrew in this city, de was tn
one who faced all the attacks OF preJndlce agalns
the race He did more for the Hebrews IN this GU
| than any other man. His death makes gap whc
| n will be hard to fill and know OF no one VINO ca
assume the leadership as be did,"
There was much regret expressed, yesUerus
among bankers at Mr.. SeliRman's death. some .
tholn called ut tho banking house to express ~
pathy with the brothers.