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Cologne - Schulze-Delitzsch Strasse
Cologne is the fourth-largest city in Germany - and one of the oldest. A Germanic tribe, the Ubii, had a settlement here, this was named by the Romans "Oppidum Ubiorum". In 50 AD, the Romans founded "Colonia Claudia Ara Agrippinensium", the city then became the provincial capital of "Germania Inferior".
Hermann Schulze-Delitzsch after whom the street is named, was the founder of the first co-operate bank "Vorschussverein", where subscribing workers made small deposits, obtaining proportional credit and dividends. The management was vested in a board composed of subscribers. In 1859 the more than 200 such banks were centrally organized under the direction of Schulze-Delitzsch. IN 1883, when Schulze-Delitzsch passed away , 3.500 co-operative banking branches with more than $100,000,000 in deposits existed in Germany.
End of the 19th century one of these co-oop banks in Cologne financed and built the houses here for its members. Here are still 34 (former) two-family houses, stylistically very similar but in individual forms and designs.
Today the street has an own website - and a special carnival parade.
www.schulze-delitzsch-strasse.de
Hermann Schulze-Delitzsch after whom the street is named, was the founder of the first co-operate bank "Vorschussverein", where subscribing workers made small deposits, obtaining proportional credit and dividends. The management was vested in a board composed of subscribers. In 1859 the more than 200 such banks were centrally organized under the direction of Schulze-Delitzsch. IN 1883, when Schulze-Delitzsch passed away , 3.500 co-operative banking branches with more than $100,000,000 in deposits existed in Germany.
End of the 19th century one of these co-oop banks in Cologne financed and built the houses here for its members. Here are still 34 (former) two-family houses, stylistically very similar but in individual forms and designs.
Today the street has an own website - and a special carnival parade.
www.schulze-delitzsch-strasse.de
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