On the evening of January 9, 1928, twelve of the most prominent men of German heavy industry, attired in tuxedos, gathered at the Villa Hügel, the Krupp family's grandiose palace outside Essen, for the first meeting of the most mystery-shrouded industrial organization of the Weimar Republic: the Ruhrlade. The man responsible for its formation was Paul Reusch, managing director since 1908 of the coal, steel, and manufacturing combine Gutehoffnungshütte, and a respected figure in German industrial circles. After the First World War and the revolution, Reusch had been instrumental in organizing the Essener Montagsgesellschaft, an informal group of Ruhr industrialists which met in Essen once a month to consider matters of common interest. At the outset, the membership of the Montagsgesellschaft was small, but its admissions policy was liberal, so that within a few years it numbered forty-five. This proved too large a body for the conduct of confidential affairs, and after the group's meetings had been interrupted by the occupation of the Ruhr in 1923, Reusch and its other leaders decided not to revive it. Reusch continued, however, to feel a need for an informal, compact organization of the leading men of German heavy industry. In the fall of 1927 he drafted a charter for such a group, using as his model the statute of a small, highly selective prewar organization of Magdeburg industrialists, the Lade, whose name, the German word for chest or similar repository, apparently signified a commitment to secrecy.