N.
BENJAMIN NATHAN, stock broker, who died by the hands of an unknown assas¬
sin, July 29, 1870, at the age of fifty-seven, was of Hebrew descent and well known in
business circles. Entering Wall street early in life and transacting business for many
clients, he began later to operate on his own account, and, although seldom, if ever, a
leader in the market, managed gradually to accumulate a fortune. One of the founders
■of the Stock Exchange, a large, fine looking man, keen in judgment, honest and
shrewd, he was the center of a large circle of very warm friends. Through investment
and executive ability, he became a director of The Chicago & Northwestern Railroad
and several insurance companies and was also the holder of many shares in The Ninth
Avenue Railroad Co. About i860, he practically retired from active business, although
retaining an office in Wall street. Mr. Nathan was connected wdth several of the lead¬
ing Jewish families of the city and noted for his generosity toward the institutions of
.his race. He made a large contribution toward the erection of the new Mount Sinai
Hospital and presided over its board of directors. The death of Mr. Nathan remains
■one of the unsolved mysteries of the metropolis. The tragedy occurred at night at his
house in West 23d street, where he was living alone temporarily, his family being at
their summer home in Morristown, N. J.
ELKAN NAUMBURG, banker and broker, born in Treuchtlinger, Germany, Jan.
I, 1835, is a son of Wolf Naumburg, a well known Hebrew clergyman of that place.
Educated in the common schools at home, Elkan began active business life as a
■clerk in Baltimore, Md , in 1850, having come to this country at the age of fifteen.
In 1856, on his twenty-first birthday, he was admitted to partnership in the highly
respectable firm of his employers, Simon Frank & Co. In 1863, he removed to New
York to become resident buyer for the firm and in 1868 aided to organize the firm of
Stadler & Co., clothing merchants. Here he soon made his mark as a cool, keen and
■successful business man. In 1876, the firm of Naumburg, Kraus, Lauer & Co. suc¬
ceeded to the business, Mr. Naumburg remaining the senior partner and an active
member until 1893, when Mr. Lauer and he retired from the firm, forming a new part¬
nership, Jan. I, 1893, for a banking and brokerage business, making commercial paper
a specialty. He is part owner of the old store at 657-659 Broadway and of other
realty, senior director in The National Citizens' Bank and a member of the Chamber of
Commerce. In 1866, he married Bertha, daug'iter of Gottlieb Wehle, and their chil-
'dren are Walter W. and George Washington Naumburg, the latter having been born
July 4, 1876. He is a member of the Reform, Harmonie and Insurance clubs and of
various charities and originated, in 1890, by a handsome subscription, the pension fund
for retired musicians of the Philharmonic Society, of which he is honorary member.
DAVID LEOPOLD NEWBORG, clothing manufacturer, born Feb. 19, 1834, in
'Oberndorf, Wurtemburg, is of Hebrew descent. First a clerk for his father at home, he
came to America in 1851, made his pioneer venture as a merchant in the West, and
in 1862, sold his Western trade and removed to New York to engage in the manufac¬
ture of clothing. In 1874, he admitted his brother Joseph to partnership under the
name of D. L. Newborg & Bro. Their management being characterized by prudence
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