Emanuel S. Mendels
Encyclopedia
Emanuel S. Mendels, Jr. was a leading curbstone broker who organized the Curb Market Agency in 1908 that developed appropriate trading rules for curbstone brokers. In 1911, Mendels and his advisors drew up a constitution and formed the New York Curb Market Association, which can be considered as the first formal constitution of American Stock Exchange
American Stock Exchange
NYSE Amex Equities, formerly known as the American Stock Exchange is an American stock exchange situated in New York. AMEX was a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange. On January 17, 2008, NYSE Euronext announced it would acquire the...

, today known as the NYSE Amex Equities. Mendels died in 1911, after becoming seriously ill from ptomine poisoning
Foodborne illness
Foodborne illness is any illness resulting from the consumption of contaminated food, pathogenic bacteria, viruses, or parasites that contaminate food, as well as chemical or natural toxins such as poisonous mushrooms.-Causes:Foodborne illness usually arises from improper handling, preparation, or...

.

Early life

Mendels was born in New Orleans in 1850. His father, who had a small business was also active in Whig
Whig Party (United States)
The Whig Party was a political party of the United States during the era of Jacksonian democracy. Considered integral to the Second Party System and operating from the early 1830s to the mid-1850s, the party was formed in opposition to the policies of President Andrew Jackson and his Democratic...

 politics. After his parents moved to New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...

, Mendels was employed at a brokerage house during the post war boom period. After four years of working in the brokerage firm, he left his position to be a curbstone broker.
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