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OVERVIEW

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Background

STORY

Introduction
Business Environment
Commercial Paper Market
Founding
Early Years


SOURCES

Documents
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FOUNDING

This section will provide information and materials about the founding of A. G. Becker in 1893-4.

We will start with the disappearance and death of Herman Schaffner.

Disappearance and Death of Herman Schaffner

Next, let's review the insolvency of Herman Schaffner & Co. and some of the apparent reasons therefore.

Insolvency of Herman Schaffner & Co.

It is helpful at this point to know more about A. G. Becker and his family.

A. G. Becker and Family Background

A. G. Becker & Co. was established as a proprietorship in June, 1893, immediately upon the assignment of the Herman Schaffner business, continuing the commercial paper business of its predecessor. A. G. Becker experienced a very hectic first year of business as he dealt with the aftermath of the Schaffner bank failure.

A. G. Becker & Co: Inception and First Year of Business

First Posted: December 26, 2006.

Updated: January 6, 2007, February 15, 2007, and July 12, 2007

   



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