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Joseph Morgan (Grandfather of J. Pierpont Morgan) Biography He was named after his maternal grandfather, and much like his Uncle Pierpont, he was a great collector. J.P. Morgan - The Life and Deals of America's Banker: Insight and Analysis into the Founder of Modern Finance and the American . [43] At the dinner, Morgan stated:[36], "never do anything to cause evil to be spoken of the American name. Junius Spencer Morgan, III won (41%) against 2 opponents. 24530600 - Virtual International Authority File "If you have to ask how much it costs, you can't afford it." [6], Morgan enjoyed collecting expensive and valuable paintings and gems and was passionate about yacht racing. Pedigree: Junius Spencer MORGAN junius spencer morgan great grandchildren. In accordance with the legal provisions, you can ask for the removal of your name and the name of your minor children. He co-founded the banking firm that became J.P. Morgan & Co. in 1871, and in the 1880s he established himself as a power player in the country's railroad industry. In 1870, after the Battle of Sedan and the establishment of a provisional French Third Republic in Tours, Barings and Rothschilds were unwilling to establish a line of credit for the new government. [14], On May 15,[16] 1853, at the recommendation of James Beebe, Morgan visited the American banker George Peabody in London. Junius Spencer Morgan - Wikidata The carriage hit a pile of stone and Morgan was thrown against the wall. [2], The Morgan name is traced to Carmarthen, Wales, with his earliest known ancestor being Hyfaidd ap Bleddri, third son of Bledri ap Cydifor of Wales. The Dowling Family Tree with over half a million relatives, gnalogique Dowling avec plus d'un demi-million de parents, Login to find your connection. J.P. Morgan is remembered as such a dominant figure in American capitalism that it seemed to many that he ran the entire economy, able to pull strings anywhere. Junius Spencer Morgan III - Alchetron, the free social encyclopedia THE DISAPPEARING DUCHESS - The New York Times I don't want a lawyer who tells me what I can't do. Although both Junius Spencer Morgan and his son, J. P., were indeed great art collectors, their 25-year obsession with acquiring the Thomas Gainsborough portrait of the former Georgiana Spencer . J.P. Morgan (1837-1913) - Find a Grave Memorial "[48], In 1836, Morgan married Juliet Pierpont (18161884), daughter of John Pierpont (17851866), a poet, lawyer, merchant, and Unitarian minister. The ship subsequently sank with great loss of life. MORGAN. The Morgan Mansion was built in 1897 by Junius Spencer Morgan and Josephine Perry Morgan. He passed away on 19 Oct 1960 in Simcoe, Norfolk, Ontario. Morgan and his partners actively promoted great mergers after 1922 and controlled . Nous sommes tous Junius Spencer Morgan - Alchetron, The Free Social Encyclopedia ; His Body Will Be Interred In Cedar Hill Cemetery, Hartford", https://en.wikipedia.org/w/index.php?title=Junius_Spencer_Morgan&oldid=1141561297, Sarah Spencer Morgan (18391896), who married George Hale Morgan (18401911), Mary Lyman Morgan (18441919), who married Walter Hayes Burns (18381897). In book thirteen of Revelation, John describes two beasts: one that emerges from the sea and has seven heads, and another that springs from the earth and empowers the bigger beast. Morgan led a syndicated bond issue of 10,000,000, which the syndicate sold at 15 points below par. IMPORTANT PRIVACY NOTICE & DISCLAIMER: YOU HAVE A RESPONSIBILITY TO USE CAUTION WHEN DISTRIBUTING PRIVATE INFORMATION. Biography and associated logos are trademarks of A+E Networksprotected in the US and other countries around the globe. [3] He worked for his father until he was able to take over the family business, leading him to become one of the most influential financiers in the world. The would-be assassin, apparently of German . Have you taken a DNA test? [34] It was therefore not as directly reliant on American slavery as its peer banks in London, and took advantage during the American Civil War by aligning with the Union. The JP Morgan Island Estate! | Top Ten Real Estate Deals junius spencer morgan great grandchildren - catip.org.pk He died on Monday, March 31, 1913 in Rome, Italy while attending a yacht racing event. Morgan set sail on an overseas voyage after the hearings, but his health steadily declined, and he died at a hotel in Rome, Italy, on March 31, 1913. J P Morgan. The assets of the House of Morgan fell 40% from $704 million to $425 million. Satterlee, Louisa Morgan 1866-1946 [WorldCat Identities] He has been a liberal donor to Trinity college, and in 1886 presented to the Hartford orphan asylum a generous contribution, known as the Sarah Morgan fund, in memory of his mother, Mrs. Sarah Spencer Morgan. I hire a lawyer to tell me how I can do what I want to do! (1892 - 1960) Photos: 745. [64], In February 1842, his father-in-law John Pierpont was suggested as a leading candidate for the Liberty Party nomination for Governor of Massachusetts. [20][21] Morgan was placed in charge of much of the firm's iron portfolio, which included the marketing of railroad bonds in both New York and London. Gatsby-esque Mansion on Long Island Gets $15M Chopped Off its $100M Asking Price, New York Remains the Worlds Top Super-Luxury Property Market, New York Developer Pockets $11.6 Million After SellingHisBillionaires Row Condo for 52% Gain, A One-Bedroom Inside a Mid-Century Modern Manhattan Landmark. Born on December 3, 1702, Joseph began to learn to weave at a young age. Virginia Elections Database Candidate Profile Morgan & Co. into the upper ranks of international finance. The son of a successful financier, Junius Spencer Morgan (181390), John Pierpont Morgan was educated in Boston and at the University of Gttingen. With U.S. gold reserves seriously depleted, Morgan formed a syndicate of international investors willing to supply gold in exchange for a favorable rate on 30-year bonds. [31], Morgan became the active head of the firm in February 1859, with Peabody remaining the nominal senior partner. His success emboldened him to strike out on his own, and he continued to work with his father after founding J. Pierpont Morgan & Co. in the early 1860s. Mountain Landscape with Bridge over Waterfall. In addition, it was the centrality of his role in averting disaster in 1907 that led the U.S. government to create the Federal Reserve System. Also contains a letter from Junius Spencer Morgan to J. Pierpont Morgan Mother Sarah Sally Spencer Morgan. Username and password are case sensitive. Notable with 921 PPP Without Project Account and without ProjectBox, http://www.brainyquote.com/quotes/authors/j/j_p_morgan.html, http://www.netstate.com/states/peop/people/ct_jpm.htm, http://www.pbs.org/wgbh/amex/1900/peopleevents/pande10.html, http://www.adr.com/Home/DisclaimerAndAgreement.aspx, http://www.biography.com/articles/John-Pierpont-Morgan-9414735, Cedar Hill Cemetery, Hartford, Connecticut. [40], In 1873, Morgans American presence dramatically increased after the failure of Jay Cookes banking empire. Lucy was the mother of James J. Goodwin and the Rev. Island That Was Longtime Home to J.P. Morgan Heir Hits Market for $125M Junius Spencer Morgan 1846 - 1858. The Beaux-Arts Morgan Memorial of 1910-15 was designed by Benjamin Wistar Morris. Spouses, children, grandchildren and great-grandchildren. Members of the family amassed an immense fortune over the generations, primarily through the noted work of John Pierpont (J. P.) Morgan (1837-1913). contains thousands of pictures and GeneaStars. Wikipedia (8 entries) edit. Today it is the Morgan Library & Museum . He also financed industrial consolidations that formed General Electric, U.S. Steel, and International Harvester. He was of Hartford, Conn., but later associated with the Banking-house of Peabody & Morgan of London, England, where he resided many years. From about 1836 to 1853, he was in the dry-goods business. J.P. Morgan - Life, Family & Philanthropy - Biography The estate will join a handful of nine-figure properties across the U.S., including two in the Hamptons on Long Island: the former Ford family estate listed for $175 million and another oceanfront estate asking $150 million. [7][6] He remained at the firm until his father's death in 1847. Born 14 Apr 1813 in Hartford, Hartford, Connecticut, United States. Pierpont also joined Drexel's Philadelphia firm and his Paris firm, giving the Morgans footholds in four cities. [45], Morgan was "tall with sloping shoulders" and a thickening midriff, a wide face, light blue eyes, a prominent nose, and a firm mouth. Why J. P. Morgan Jr. Was More Important Than His Father! arwiki . Railroad securities were further weakened by the Credit Mobilier scandal. [5] In 1910, at the age of 74, he was living with his wife Frances and daughter Anne in Manhattan. If not, see our friends at Ancestry DNA. 1844 child birth: Mary Lyman Morgan b. Our editors will review what youve submitted and determine whether to revise the article. Junius Spencer Morgan III was born on March 15, 1892, to Jane Norton Grew and Jack Morgan (1867-1943), who was a banker and the son of J. Pierpont Morgan (1837-1913), the renowned financier. . J.P. Morgan Pedigree Chart | John Pierpont "J.P." Morgan | Ahnentafel Aptly-named House Island comes w/ 4 houses, 5 beaches and 12.8 acres. Through his mother, he was a first cousin to Henry Grew Crosby (1898-1929). By gaining control of much of the stock of the railroads that he reorganized, he became one of the worlds most powerful railroad magnates, controlling about 5,000 miles (8,000 km) of American railroads by 1902. 2008 - 2023 INTERESTING.COM, INC. 100 1 _ a Morgan, Junius Spencer, d 1892-1960 4xx's: Alternate Name Forms (3) 400 0 _ a Junius Spencer Morgan III c American banker (1892-1960) When his horses bolted at an oncoming train, Morgan stood to see if his driver could steady the horses. With his son's aid, Morgan grew his banking house into a trans-Atlantic . 1844 d. 1919. John Pierpont Morgan was born into a prominent New England family on April 17, 1837, in Hartford, Connecticut. GROUP. Morgan's entire island of 45 acres, 12-bedroom manor house, five additional residences, an eight-stall stable, paddocks and a groomsman's cottage have recently been put on the market. JP Morgan Jr. Net Worth (Entrepreneur) His first venture, in 1891, was to arrange the merger of Edison General Electric and Thomson-Houston Electric Company to form General Electric, which became the dominant electrical-equipment manufacturing firm in the United States. Junius Spencer Morgan - Digital PUL J. P. Morgan. Peabody also forced unfavorable terms on Morgan's lease of the bank's 22 Old Broad Street offices. Primary source of wealth: J. P. Morgan & Co.. . [68][69] At the Connecticut State Capitol, flags were flown at half-mast in mourning. Married 2 May 1836 to Juliet Pierpont, born 30 July 1816 - Baltimore, Baltimore Co., MD, deceased 23 February 1884 aged 67 years old (Parents : John C. Pierpont, Rev. Relationship with Timothy Michael Dowling (Sosa/Ahnentafel #1), Relationship with Amelia Sturges (spouse), Relationship with Frances Louisa Tracy (spouse), Browse using this individual as Sosa/Ahnentafel #1, , born in1835, deceased in1862 aged 27years old, , born 15May1845 - New York, deceased 16November1924 - Highland Falls, Orange Co., NY aged 79years old, Sources: Dowling Family Tree - Tim Dowling - rootsweb, 2001-2015 - - electronic - I42066, Marriage (with Amelia Sturges) - New York, NY, List of all individuals in the family tree, {{ 'gw_downgraded_access_back_to_max'|translate }}, Born 17April1837 - Hartford, Hartford Co., CT, Deceased 31March1913 - Rome, Lazio, Italy, [37] After the fall of Paris in January and the establishment of the Paris Commune, the bonds dropped from 80 points to 55, nearly bankrupting J.S. The Beast with the Seven Heads and the Beast with Lamb's Horns Junius - Baby Name Meaning, Origin, and Popularity | Nameberry With his son's aid, Morgan grew his banking house into a trans-Atlantic financial empire that included firms in London, New York City, Philadelphia, and Paris. Honored By Two Nations Spent Most of Time in Europe Since Retiring From Paris Banking Firm Many Years Ago", "Oxford Dictionary of National Biography", "Mrs. Juliet Morgan Left Only $43,738; Sister of Late J.P. Morgan Made No Will, and All Goes to Son", "Morgan Estate Tax Filed; Cousin of Late Banker Had Net of $1,881,913, Appraisal Shows", "The Late Junius S. After all-night negotiations went nowhere, Morgan ended the stalemate by drawing up a bailout contract and ordering the exhausted presidents to sign. In the fall of 1848, Pierpont transferred to the Hartford Public School and then to the Episcopal Academy in Cheshire, Connecticut, (now called Cheshire Academy), boarding with the principal. It was this fortune which eventually placed J.P. Morgan's father, Junius Spencer Morgan, in the banking business. He began his business career in 1829 by entering the employ of Alfred Welles of Boston. The firm did a general banking and brokerage business and had a few foreign clients. In 1860 he became agent and attorney in the United States for George Peabody and Co., of London, which relation he has since held with that firm and its successor. Miles Morgan]], ancestor to the Morgan family in America, emigrated from Bristol, England to Boston in 1636. 5 0 obj He was instrumental in forming major corporations such as U.S. Steel, International Harvester, and General Electric and had controlling interests in various businesses, including Aetna, Western Union, Pullman Car Company, and 21 railroads. from Harvard University in 1914. Adrian Wooldridge characterized Morgan as America's "greatest banker".[1]. [1], As was typical for aspiring businessmen of the time, Junius did not enroll in college, but was apprenticed to Alfred Welles, a Boston merchant banker, in 1829. [19], Upon Morgan's arrival in London in 1854, Peabody & Co. was immediately in a position of strength as a leading dealer in American securities in the city; American grain, cotton, and railroad values soared during and after the Crimean War. Between now and Wednesday is a good time to take a look at the sources and biography to see if there are updates and improvements that need made, especially those that will bring it up to WikiTree Style Guide standards. They were the parents of at least 2 sons and 1 daughter. Funny to see that hes my 6th cousin as Im taking a work break from sending documents to JP Morgan Chase . A protracted legal battle was settled when the Supreme Court ruled in favor of the government in 1904. Morgan's grandson later recalled this as "at that time, the bitterest disappointment of his life". During the depression that followed the panic of 1893, Morgan formed a syndicate that resupplied the U.S. governments depleted gold reserve with $62 million in gold in order to relieve a Treasury crisis. . Geneastars | Facebook. lis! Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. Categories: Cedar Hill Cemetery, Hartford, Connecticut | Financiers | RMS Titanic | Titanic's Just-Missed-It Club | White Star Line | Featured Connections | United States of America, Notables | Notables, WIKITREE HOME | ABOUT | G2G FORUM | HELP | SEARCH. This proposal was accepted and Drexel, Morgan, & Co. became the new New York affiliate of the London bank, with Pierpont as Drexel's junior partner. Philanthropist, Industrialist, Businessman, American financier, banker, philanthropist and art collector, Born on April 17, 1837 . J P Morgan. Morgan successfully led the American financial communitys attempt to avert a general financial collapse following the stock market panic of 1907. Father. Morgan Family. Morgan spent his first few months working for Peabody in the United States, establishing contacts with American clients like Duncan, Sherman & Company, reaching out to new potential clients, and gathering information. Junius Spencer Morgan b. 1813 d. 1890 - Rodovid EN Cookes firm collapsed on September 18, triggering a wave of bank failures as part of the Panic of 1873. Under her ownership, the main manor was used as the setting for the remake of movie "Sabrina," a romantic comedy starring Harrison Ford and Julia Ormond. Sarah Spencer Morgan (1839-1896) FamilySearch GLEN COVE, L. I., N.Y., July 3, 1915 (UP) - John Pierpont Morgan, the financier, was shot at his summer home here shortly before 9 o'clock to-day. After college, Junius Morgan worked as a New York banker, retiring from the field as a partner in the firm of Cuyler, Morgan & Co. in 1906. 100 J P Morgan Quotes (John Pierpont Morgan Quotes) 1 2 3. Three years later, after purchasing Andrew Carnegies steel company for nearly $500 million, Morgan merged the entities into U.S. Steel, creating the first billion-dollar corporation. J. P. Morgan was born and raised in Hartford, Connecticut, to Junius Spencer Morgan (18131890) and Juliet Pierpont (18161884) of Boston, Massachusetts. Pierpont, as he preferred to be known, had a varied education due in part to interference by his father, Junius. In that same year he organized, with less subsequent success, the International Mercantile Marine (IMM), an amalgamation of a majority of the transatlantic shipping lines, notably including White Star. Junius Spencer Morgan - Wikipedia junius spencer morgan junius spencer morgan - bobesich.ca Records: 4,977. Junius Spencer Morgan III married Emma Louise Converse and had 2 children. [20][26] After the panic and near collapse of Peabody & Co., Morgan became a more cautious investor, demanding statements from all correspondent banks, even at the risk of offending them and even from well-respected former colleagues. gnalogique Dowling avec plus d'un demi-million de parents, Son of Joseph Morgan, III and Sarah "Sally" Morgan Husband of Juliet Morgan xZnH}WA'd6;O$6'vO@^JdISkbHMa,x[~0=n1?X)7_+qVEEMXXww4Lsv1Mn.cqn^U$Xu%*9Id)]Jofwew Sw[:g0v=}!][m2"g coy/;_-vyzeKA^ZXI90p/>v0`9^L\Pz?/&opME4qB5,7~iMMnbx/_?c1ouGQEQ|gg &HrI(yM^?;eT'QSl#c' O#. This page was last edited on 25 February 2023, at 17:50. She married George Hale Morgan on 27 June 1866, in Connecticut, United States. [11], Though married in his father-in-law's Unitarian church, Morgan attended his own father's Episcopal church in Hartford. In 1907, Morgan again was called to aid the U.S. government in the grips of economic panic. Junius Spencer Morgan I. Death 8 Apr 1890 - Hartford, Hartford, Connecticut, USA. As a boy he became a dry-goods clerk in Boston; later he entered a brokerage house in New York City. Additionally, the lifelong art enthusiast began exponentially expanding an already impressive collection of valuable works. 1890 death: From grandparents to grandchildren [41] Despite the conditions, Pierpont turned the firm a profit of over $1,000,000, leaving Drexel Morgan at the apex of American government finance. Candidates . We once thought it was a combination of the least attractive elements of Junior and Julius but now we think.well, we think it's okay. Find Junius Spencer Morgan stock photos and editorial news pictures from Getty Images. He began reorganizing railroads in 1885, when he arranged an agreement between two of the largest railroads in the country, the New York Central Railroad and the Pennsylvania Railroad, that minimized a potentially destructive rate war and rail-line competition between them. He is buried in Cedar Hill Cemetery, Hartford, Connecticut. However, despite Morgan's best efforts to nurse his bride back to health, she passed away in February 1862. from Harvard University in 1914. His book collection and the building that housed them in New York City became a public reference library in 1924. Junius Origin and Meaning The name Junius is boy's name of Latin origin meaning "born in June". We know it's short notice, so don't fret too much. Through his New York social circle, Morgan grew close to Amelia "Memie" Sturges, the daughter of a successful merchant. Following Drexel's death in 1893, Jack Morgan helped his father reorganize the company and rename it J. P. Morgan & Co., a name the company bears to this day! About the Morgan Family | Constitution Hill We are all related! Drexel allied his bank with Peabody's through Morgan, forming one of the most powerful and important banking alliances in American history. Family Members They maintained a twice-weekly correspondence for thirty-one years, which Pierpont burned in 1911.[58]. PDF J. P. Morgan - ahschools.us Morgan family - Wikipedia .css-m6thd4{-webkit-text-decoration:none;text-decoration:none;display:block;margin-top:0;margin-bottom:0;font-family:Gilroy,Helvetica,Arial,Sans-serif;font-size:1.125rem;line-height:1.2;font-weight:bold;color:#323232;text-transform:capitalize;}@media (any-hover: hover){.css-m6thd4:hover{color:link-hover;}}Elon Musk. Connect to the World Family Tree to find out, 1813 - Holyoke, Comt De Hampden, Massachusetts, tats-Unis, Junius MORGAN, Juliet MORGAN, Mary MORGAN, John Pierpont MORGAN, Apr 14 1813 - West Springfield, Massachusetts, Usa, Joseph Morgan, Sarah "sally" Morgan (born Spencer), Apr 14 1813 - West Springfield, Hampshire, Massachusetts, Joseph Morgan III, Sarah Morgan (born Spencer), n Pierpont Morgan Sr., Sarah Spencer Morgan, Junius Spencer Morgan II, Mary Lyman Burns (born Morgan), Juliet Morgan, Juliet Pierpont Morgan, Lucy Goodwin (born Morgan), Mary Smith (born Morgan), Cedar Hill Cemetery, Hartford, Hartford, CT, United States, Cedar Hill Cemetery of Hartford, Connecticut. [25], Peabody declined a conditional bailout from the major London houses which would have closed the firm, instead receiving an emergency line of credit of 800,000 from the Bank of England. Get a Britannica Premium subscription and gain access to exclusive content. He is buried in Cedar Hill Cemetery in Hartford, Connecticut.[8][9]. [62], Like his father, Morgan was a strong supporter of the Whig Party. ; The Result Of The Banker's Recent Accident At Monte Carlo", "Mrs. Morgan's Funeral. Three years later he began financing a series of giant industrial consolidations that were to reshape the corporate structure of the American manufacturing sector. Born into a prominent New England family in 1837, J.P. Morgan began his career in the New York financial industry in the late 1850s.
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