STERN


STERN
STERN, family of English merchant bankers and philanthropists. Originally, several brothers born in Frankfurt established banks in different European countries. DAVID DE STERN (1807–1877) and his brother HERMANN DE STERN (1815–1887) founded the firm of Stern Brothers in London, a bank which was highly successful in handling loans for various governments. In 1869 the king of Portugal made David Stern a hereditary viscount (as "Viscount De Stern") and Hermann Stern a baron (as "Baron De Stern") in gratitude for such services and they added the prefix "de" to their names. David de Stern became a director of the Imperial Bank and the family bought Strawberry Hill, Horace Walpole's famous Gothic mansion near London. Although they were related by marriage to such "Cousinhood" families as the Rothschilds and Goldsmids, they were never fully accepted as part of the financial aristocracy and were certainly not household names. Nevertheless, they were among the most successful English merchant bankers of their day. Hermann de Stern left an estate of £3.5 million, one of the very largest Victorian fortunes. SYDNEY JAMES STERN, FIRST BARON WANDSWORTH (1845–1912), elder son of David de Stern, joined the family firm, but retired early. After several unsuccessful attempts he was elected a member of Parliament for Stowmarket in 1891 and was elevated to the peerage in 1895. Stern Brothers lost its previous prominence in later years. Hermann's son HERBERT STERN, FIRST BARON MICHELHAM (1851–1919) also became a partner in the family bank and was also made a peer, in 1905, but without having served in the House of Commons. SIR EDWARD STERN (1854–1933), younger son of David, held a number of Jewish communal offices, including the presidency of the Jewish Deaf and Dumb Home. He was knighted in 1904 and received a baronetcy in 1924. By the 1920s, Stern Brothers had sadly declined as a major City merchant bank and, indeed, became something of a byword for generational decline. HERMANN DE STERN, brother of David de Stern, was a generous benefactor of Jewish charities and also held several communal offices. He was a director of the Imperial Bank, the London and San Francisco Bank, the Bank of Roumania, and the East London Waterworks Co. LAURA JULIA DE STERN (d. 1935), a daughter of Hermann, took part in communal work and married the inventor sir david lionel salomons . Her cousin, SIR ALBERT GERALD STERN (1878–1966), who was educated at Eton and Oxford, was a pioneer of tank warfare in World War I. -ADD. BIBLIOGRAPHY: ODNB online; DBB. (John M. Shaftesley / William D. Rubinstein (2nd ed.)

Encyclopedia Judaica. 1971.

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  • Stern- — Stern …   Deutsch Wörterbuch

  • Stern.de — Logo stern.de ist das der Zeitschrift . Es wurde 1995 gegründet und zählt damit zu den Pionieren des in Deutschland. Das Unternehmen stern.de GmbH ist eine hundertprozentige Tochter des Verlagshauses . Seit August 2006 ist Chef der . Im November… …   Deutsch Wikipedia

  • stern.de — Logo stern.de ist das Webportal der Zeitschrift stern. Es wurde 1995 gegründet und zählt damit zu den Pionieren des Online Journalismus in Deutschland. Das Unternehmen stern.de GmbH ist eine hundertprozentige Tochter des Verlagshauses Gruner +… …   Deutsch Wikipedia

  • Stern — Stern, a. Being in the stern, or being astern; as, the stern davits. [1913 Webster] {Stern board} (Naut.), a going or falling astern; a loss of way in making a tack; as, to make a stern board. See {Board}, n., 8 (b) . {Stern chase}. (Naut.) (a)… …   The Collaborative International Dictionary of English

  • stern — stern·berg; stern·ber·gia; stern·berg·ite; stern; stern·less; stern·ly; stern·man; stern·most; stern·ness; stern·son; stern·ward; stern·ways; stern·wards; …   English syllables

  • Stern — Stern, a. [Compar. {Sterner}; superl. {Sternest}.] [OE. sterne, sturne, AS. styrne; cf. D. stuurish stern, Sw. stursk refractory. [root]166.] Having a certain hardness or severity of nature, manner, or aspect; hard; severe; rigid; rigorous;… …   The Collaborative International Dictionary of English

  • Stern — Stern, Isaac Stern, Otto Stern, William * * * (as used in expressions) György Stern Solti Stern Magazin Stern, Isaac Jonas Stern …   Enciclopedia Universal

  • Stern — Stern: Mhd. stern‹e›, ahd. sterno, got. stairnō, schwed. stjärna »Stern« stehen neben anders gebildetem mhd. (mitteld.) sterre, ahd. sterro, niederl. ster, engl. star (3↑ Star). Außergerm. sind z. B. verwandt griech. astē̓r, ástron »Stern« (s.… …   Das Herkunftswörterbuch

  • stern — stern1 [stʉrn] adj. [ME sterne < OE styrne < IE base * ster , stiff, rigid > STARE, STARVE] 1. hard; severe; unyielding; strict [stern measures] 2. grim; forbidding [a stern face] 3. relentless; inexorable …   English World dictionary

  • Stern — Stern, n. [Icel. stj[=o]rn a steering, or a doubtful AS. ste[ o]rn. [root]166. See {Steer}, v. t.] 1. The helm or tiller of a vessel or boat; also, the rudder. [Obs.] Chaucer. [1913 Webster] 2. (Naut.) The after or rear end of a ship or other… …   The Collaborative International Dictionary of English