He was the son of Jonas Larsen Rasch and Kirsti Jacobsdatter Ihle.
From 1831 he was in private practice as a lawyer and served as a real estate agent.
The facility was designed by architect Georg Andreas Bull and was opened December 21, 1858.
Rasch served as a board member together with co-founders police chief Christian Fredrik Jacob von Munthe af Morgenstierne (1806-1888) and city council member Thor Olsen (1786-1868).
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