Career Solomon Lazard

1 career

1.1 dry goods
1.2 water
1.3 banking

career
dry goods

lazard sailed europe new york city in 1844, , san francisco in 1851. remained there year until went san diego, intended engage in dry goods business. but, finding town small success, set shop in los angeles instead, on aliso street, main road , such places san gabriel, el monte , san bernardino. , cousin, maurice kremer, partners in business in row of shops called mellus row, later called bell block, or bell s row, on southeast corner of los angeles street, until kremer sold share timoteo wolfskill. in 1867 lazard moved business 53 main street, named store city of paris. elegant los angeles women sought latest thing in french fashion. lazard sold company in 1874 eugene meyer & co.

water

in 1868, city council relinquished rights water in los angeles river in favor of businessmen lazard, john s. griffen , prudent beaudry, , 3 created los angeles city water company. contract lapsed in 1898.

banking

although international banking firm of lazard frères , company has stated founded in 1848 3 brothers in new orleans, louisiana, , later moved san francisco, other sources give following story:

as there no bank in los angeles in mid-19th century, residents either kept money @ home or confided catholic nuns in convent @ alameda street , macy street. when solomon s brother eugène isaac meyer joined him in los angeles in 1859, solomon followed example of brothers directing financial houses in paris , strasbourg: opened deposit window in store under name of lazard et frères, private banking firm still exists, branches around world.

still version:

a famed international banking firm grew out of homely adobe store bore sign, lazard frères, , resulted arrival in 1859 of a. lazard join brother, s. lazard, who, cousin, maurice kremer, had become popular merchant in los angeles.