1937: Sorrow and Gratitude- Jules Guillaume Fester Dies

In 1934 Edgar von Borries, an underwriting agent in the firm of Mund & Fester since 1927, replaces Herr Firgau as a partner in the firm. The senior member of the firm, Jules Guillaume, dies on October 3rd, 1937. The company loses with him a highly admired and trusted man who had also been well regarded by the Hamburg Stock Exchange. The owner/partners are now Adolph Mund and Edgar von Borries.