Career
After the departure of Carl Clemm in 1885, Clemm went back to the supervisory board, which he headed from 1897 to 1903. From 1872 to 1898, Clemm was President of the Palatine Trade and Commerce Bank (German: Pfälzischen Handelsund Gewerbebank) and in 1886 he co-founded the Palatine Mortgage Bank (German: Pfälzischen Hypothekenbank). In addition, Clemm was Chairman of the Board until the nationalization of the Palatine railways.
In 1893, Clemm became its Vice-President and from 1897 to 1899, he served as its President.