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