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Head of Berlin Frankfort Banking Firm Dies

March 9, 1933
See Original Daily Bulletin From This Date
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The death has occurred here of Eduard Beit von Speyer, who, until his retirement two years ago, was Chairman of the Lazard Speyer-Ellissen banking firm.

Eduard Beit von Speyer was descended from an old Hamburg Jewish family. He received his education in Hamburg, subsequently gaining his business experience in London and Paris. He first came to New York in 1887, entering the banking house of Speyer & Co. In 1893 he was sent to the old Frankfort firm, Lazard Speyer-Ellissen, and in 1896 he became a partner of that firm as well as Speyer & Co., of New York.

In 1892 Mr. Beit von Speyer married Lucie Speyer of Frankfort o/Main, sister of Mr. James Speyer of New York. She died during the World War in 1918.

Mr. Beit von Speyer did not confine his activities to the banking business. He took a prominent interest in the social and civic life of Frankfort o/Main. He was particularly active in furthering educational and scientific movements, and the University of Frankfort conferred upon him many honors.

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