Isaac Newton Seligman

Isaac Newton Seligman
Born
Died	September 30, 1917(1917-09-30) (aged 62)
Occupation(s)	Financier, community leader
Known for	Leadership at Seligman & Hellman, trustee roles in financial organizations and charities

Isaac Newton Seligman (July 10, 1855 – September 30, 1917) was a prominent American financier and community leader.

Early life

In 1876, Seligman completed his studies at Columbia College, where he was a member of the victorious university eight-oar rowing team in 1874.

Career

Following a two-year training period at Seligman & Hellman in New Orleans, he transferred to the New York office in 1878. He assumed leadership of the branch in 1885 after the passing of his father, Joseph Seligman, and his brother.

Throughout his career, he held trustee positions with nineteen significant commercial and financial organizations, including the Munich Life Assurance Company. Seligman was deeply involved in civic reform efforts, serving on and chairing various committees such as the Committees of Seventy, Fifteen, and Nine. His charitable commitments encompassed trusteeships at Temple Emanu-El, the Hebrew Orphan Asylum, and United Hebrew Charities.

He was married to Guta Loeb, daughter of the banker Solomon Loeb. His legacy includes portraits painted by Adolfo Müller-Ury.

Seligman passed away in 1917 due to injuries sustained from a horseback riding accident while traveling from his summer residence in Irvington, New York. His estate was appraised between $15 million and $20 million, primarily bequeathed to his widow and son, with philanthropic contributions amounting to $100,000.

References

• Bankers' Magazine, March 1899
• Union Historical Association, 1901, special issue
• New York Tribune, July 4, 1899