After Theobald's death in 1929, the latter's widow,
Franziska Heinemann (1882–1940), daughter of
Joseph Schülein, took over the gallery together with her son Fritz (1905–1983) until it was expropriated by Nazis at the end of 1938.
Aryanization by Zinckgraf The final "
Aryanization" took place at the end 1939. Fritz Heinemann had already emigrated to Switzerland in January 1938 and left the company as a partner.
Friedrich Heinrich Zinckgraf (1878–1954), a non-Jewish employee of the gallery, took over at the end of 1939.
Nazis imprison Franzicka Heinemann After the
pogroms on 9/10 November 1938 Franziska Heinemann was sent to the
Stadelheim prison by the
Gestapo. She was forced to cede her art possessions and sell all of her property to finance her emigration. Zinckgraf offered little more than the purchase price for the painting collection, a value that was 60% below market prices. For the gallery house, he offered 20% below the unit value and thus a price well below the market price.
Hjalmar Schacht silent partner With the help of a large loan of 275,000 Reichsmarks from his friend, the powerful financier
Hjalmar Schacht, Zinckgraf was able to carry out this Aryanization at the end of 1939. Zinckgraf became the official owner of the Heinemann gallery, with
Hjalmar Schacht as silent partner (40% share of future profits). Franziska Heinemann fled to New York where she died on November 17, 1940.
The Zinckgraf years Zinckgraf operated under the Heinemann names until May 1941 when he changed the name of the Galerie Heinemann to Galerie Zinckgraf . == After 1945 ==