1785-1866 & Mary Sheldon Lord 1787-1855) with. Under this name the house has grown in strength and influence until at present it ranks among the great banking-houses of the world. Junius Morgan: Founder of a Banking Dynasty by Daniel Alef 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. [13], By February 1851, Morgan sold his stake in Howe & Mather for $600,000 and moved to Boston's Pemberton Square. The ship subsequently sank with great loss of life. Junius Spencer Morgan Events. He began his career in 1857 as an accountant with the New York banking firm of Duncan, Sherman and Company, which was the American representative of the London firm George Peabody and Company. Morgan Family. [43] At the dinner, Morgan stated:[36], "never do anything to cause evil to be spoken of the American name. He is also remembered for his art donations to New York Citys Metropolitan Museum of Art and his book collection, now in the Morgan Library and Museum. This connection would eventually lead to her employment with financier and banker J. P. Morgan starting in 1905 as Junius introduced Greene to his uncle. Also in 1901, Morgan teamed with James J. Hill to form the Northern Securities Company. Brother of Mary (Morgan) Smith and Lucy (Morgan) Goodwin. He reorganized several major railroads and financed industrial consolidations that formed the United States Steel, International Harvester, and General Electric corporations. Wrong username or password. About the Morgan Family | Constitution Hill His father, Junius Spencer Morgan, was a businessman of note who had high expectations for his son Pierpoint and started training him at a very early age. Your Privacy Choices: Opt Out of Sale/Targeted Ads, Name: John Pierpont Morgan, Birth Year: 1837, Birth date: April 17, 1837, Birth State: Connecticut, Birth City: Hartford, Birth Country: United States. However, despite Morgan's best efforts to nurse his bride back to health, she passed away in February 1862. They were the parents of at least 2 sons and 1 daughter. More:Gatsby-esque Mansion on Long Island Gets $15M Chopped Off its $100M Asking Price. Some of Peabody's own creditors, including rival Barings Bank, demanded immediate payment on their debts. Hartford, Hartford, Connecticut, United States, Contributions to the History of Christ Church, Hartford, Middletown Upper Houses, A History of the North Society of Middletown, Connecticut, from 1650 to 1800, Connecticut, Deaths and Burials Index, 1650-1934, Updated Morgan Genealogy: A History of James Morgan, of New London, Connecticut, and His Descendants, from 1607 to 1997. Login to find your connection. 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. 24530600 - Virtual International Authority File 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. He became the junior partner of the banking-firm of Dabney, Morgan and Co. in 1864, and that of Drexel, Morgan and Co. in 1871. Described as a coldly rational man, Morgan began reorganizing railroads in 1885, becoming a board member and gaining control of large amounts of stock of many of the rail companies he helped restructure. The Beaux-Arts Morgan Memorial of 1910-15 was designed by Benjamin Wistar Morris. A man I do not trust could not get money from me on all the bonds in Christendom. [33] Even so, the bank's position in London may have prevented further profits; buying Union war bonds risked alienating the English textile industry, which was closely aligned with Confederate cotton plantations. Have you taken a DNA test? In September 1851, Morgan passed the entrance exam for the English High School of Boston, a school specializing in mathematics to prepare young men for careers in commerce. stream He contributed money to Trinity College, Hartford. We are featuring this profile in the Connection Finder this week. The TV star, who was aged just 10 when it happened, retold Alex Jones and Roman Kemp about . Shares the stories you may have missed from the world of luxury real estate. In accordance with the legal provisions, you can ask for the removal of your name and the name of your minor children. Have you taken a DNA test? Junius is 18 degrees from Jennifer Aniston, 15 degrees from Drew Barrymore, 16 degrees from Candice Bergen, 17 degrees from Alexandre Dumas, 18 degrees from Carrie Fisher, 27 degrees from Whitney Houston, 14 degrees from Hayley Mills, 16 degrees from Liza Minnelli, 18 degrees from Lisa Presley, 18 degrees from Kiefer Sutherland, 18 degrees from Bill Veeck and 18 degrees from Brian Nash on our single family tree. His ornate library was built to house most of his works, which, thanks to the efforts of Jack Morgan, was unveiled to the public in the 1920s with the opening of the Morgan Library & Museum. If so, login to add it. 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. Quick access. Members of the family amassed an immense fortune over the generations, primarily through the noted work of John Pierpont (J. P.) Morgan (1837-1913). Please refer to the appropriate style manual or other sources if you have any questions. Sunset 6:13. Junius Spencer Morgan (1813-1890) owned part of a large mercantile house (trading company) in Hartford, advanced to a larger one in Boston, Massachusetts, and . "[43][36], As Junius took a less active role and Pierpont continued to accrue massive profits, the balance of power within the Morgan empire shifted from London to New York City. 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. The House of Morgan: An American Banking Dynasty and th Junius Spencer MORGAN 1813-1890 - Ancestry Mr. Morgan visited England in 1853, and was offered a partnership in the firm of George Peabody and Co., which he accepted on 1 October, 1854, and ten years later, on the retirement of Mr. Peabody, the firm became J. S. Morgan and Co. 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. 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, He took on a prominent role in London society, hosting many social gatherings at his homes on Hyde Park and at Roehampton.[32][33]. junius spencer morgan junius spencer morgan. 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! Originally granted by King George I to a private person in 1721 for 200 pounds, according to Ms. Devendorf, it was purchased in 1919 by Junius Spencer Morgan, whose grandfather J. P. Morgan. Title Junius Spencer Morgan at St. Paul's School, Concord NH Junius Spencer Morgan was educated at St. Paul's School, Concord, New Hampshire, before attending Princeton. Cookes firm collapsed on September 18, triggering a wave of bank failures as part of the Panic of 1873. Sorry! He then became junior partner in the drygoods house of Howe, Mather and Co., which in 1850 became Mather, Morgan and Co. A year later he was invited by James M. Beebe to form a co-partnership in Boston, which, under the style of J. [1] Career J.P. Morgan, in full John Pierpont Morgan, (born April 17, 1837, Hartford, Connecticut, U.S.died March 31, 1913, Rome, Italy), American financier and industrial organizer, one of the world's foremost financial figures during the two pre-World War I decades. WIKITREE HOME | ABOUT | G2G FORUM | HELP | SEARCH. 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. We use cookies to make our website work more efficiently, to provide you with more personalised services or advertising to you, and to analyse traffic on our website. Morgan | Infoplease Sarah Spencer Morgan (1893-1949), married Henry B. Gardner (1891-1932) in 1913. He received and A.B. Entering his mid-30s, Morgan was developing into the outsized figure that would dominate the financial world with his enormous frame, piercing eyes and brusque nature. Morgan personally lobbied Washington on Field's behalf in 1856 and Peabody & Co. subscribed to 10,000 of Field's original capital stock of 350,000 and later advanced Field funds to complete the project when he struggled to find American investors. This earned Morgan the occasional distrust of the federal government and the enmity of reformers and muckrakers throughout the country, but he remained the dominant figure in American capitalism until his death in 1913. "John Pierpont Morgan was an American financier, banker, philanthropist, and art collector . "[48], In 1836, Morgan married Juliet Pierpont (18161884), daughter of John Pierpont (17851866), a poet, lawyer, merchant, and Unitarian minister. Anonymous @ 2011-12-25 19:59:00 . 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. He became a partner in mercantile firms in Hartford, Conn., and in Boston and then (1854) went to London to become a partner of George Peabody. Nous sommes tous All charts include source citations for ancestors in the charts. aged 75years old. The firm soon became a major player in the steel industry by financing the formation of Federal Steel in 1898. "If you have to ask how much it costs, you can't afford it." 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. [45], Morgan was "tall with sloping shoulders" and a thickening midriff, a wide face, light blue eyes, a prominent nose, and a firm mouth. Pierpont, as he preferred to be . Posted at 21:44h in bonobos walmart acquisition by mexico city time change. Junius Spencer Morgan - Alchetron, The Free Social Encyclopedia gnalogique Dowling avec plus d'un demi-million de parents, Junius Spencer Morgan I (14 Apr 1813 - 8 Apr 1890) 0 references . They were the . ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. Junius Morgan's Estate (Salutations) - Virtual Globetrotting [5] He made a fortune with Aetna in 1835, when Aetna covered Wall Street firms destroyed in the Great Fire of New York. We may earn commission from links on this page, but we only recommend products we back. There are no volunteers for this cemetery. He brought in other major . Find Junius Spencer Morgan stock photos and editorial news pictures from Getty Images. Junius Spencer Morgan and his family lived on the island for decades. Junius Spencer Morgan, 1813-90, b. 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. Morgan's astounding success transformed the financial industry and left behind a powerful legacy. Satterlee, Louisa Morgan 1866-1946 [WorldCat Identities] Submit a correction or make a comment about this profile. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. John Pierpont Morgan Jr. (1867-1943) . They write new content and verify and edit content received from contributors. Peabody, who was in poor health,[16] offered Morgan to join his banking house as a junior partner, to be made the senior partner upon Peabody's retirement in ten years. Corrections? Junius Spencer Morgan, 1813-90, b. [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. 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. Seeking to stabilize a series of collapsing trust banks, he called several bank presidents to his Manhattan library, and, in an echo of his Corsair meeting of 1885, locked the door until a solution could be reached. When healthy, he frequented galleries and concerts with his parents, sparking a lifelong fascination with the arts. While every effort has been made to follow citation style rules, there may be some discrepancies. gnalogique Dowling avec plus d'un demi-million de parents, Morgan urged Pierpont to withdraw his name from consideration, and he did. Junius Spencer Morgan 1813-1890 Juliet Pierpont 1816-1884 Spouses, children, grandchildren and great-grandchildren Married in 1861, New York, NY, to Amelia Sturges, born in 1835, deceased in 1862 aged 27 years old J.P. Morgan - Life, Family & Philanthropy - Biography Junius S. Morgan II: Nephew and Adviser Lucy was the mother of James J. Goodwin and the Rev. Primary source of wealth: J. P. Morgan & Co.. . archive.org His name lives on through the massive international banking firm he created, which entered the 21st century as JPMorgan Chase & Co. Additionally, the financial giant left behind a personal art collection to rival that of any king. He spent winters at the Villa Henriette in Monte Carlo. Junius Spencer Morgan b. 1813 d. 1890 - Rodovid EN Junius Spencer Morgan - The Morgan Library & Museum [17], Morgan's initial task was to strengthen and develop the firm's principal American accounts, using his first-hand knowledge of and connections to American business which Peabody, who had moved to London in 1836, lacked. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General . 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. In 1915, he married Louise, daughter of the celebrated composer Frederick S. Converse and a great-granddaughter of the "Ice King" Frederic Tudor. Morgan was born on April 14, 1813, in Holyoke, Massachusetts to Joseph and Sarah Morgan. In 1886 he reorganized two more major railroads with the aim of stabilizing their financial base. Famouskin.com also includes ancestoral charts showing the family relationships of J.P. Morgan to many famous kin. The map below shows the places where the ancestors of the famous person lived. Juliet Pierpont Morgan . pentecostal assemblies of the world ordination; how to start a cna school in illinois If so, login to add it. from Harvard University in 1914. He helped to achieve railroad rate stability and discouraged overly chaotic competition in the East. Morgan's grandson later recalled this as "at that time, the bitterest disappointment of his life". Ms. Walker couldnt immediately be reached for comment. [18] During this period, Morgan first met Francis M. Drexel, founder of Drexel & Company, one of Philadelphia's leading banks. When his horses bolted at an oncoming train, Morgan stood to see if his driver could steady the horses. contient des milliers de photos et GeneaStars. Junius Spencer Morgan. Junius Spencer Morgan - Wikipedia During his residence in Hartford, Mr. Morgan was active in the affairs of the Protestant Episcopal church, and also in various charitable enterprises. West Springfield, Mass., prospered at investment banking. Northern Securities held the majority of shares in the Northern Pacific, the Great Northern and the CB&Q railroads, giving Morgan control of approximately one-third of the country's railways. Enter a grandparent's name. J P Morgan. Major children and living persons must directly contact the. Junius Spencer Morgan III married Emma Louise Converse and had 2 children. Through his mother, he was a first cousin to Henry Grew Crosby (1898-1929). [5] In 1910, at the age of 74, he was living with his wife Frances and daughter Anne in Manhattan. Thanks for your cooperation! In 1861 Morgan became the agent for his fathers banking company in New York City. In October 1858, Field's cable broke, delaying the project's completion another eight years until 1866. Just one grandparent can lead you to many Funny to see that hes my 6th cousin as Im taking a work break from sending documents to JP Morgan Chase . J.P. Morgan cofounded (1871) the banking company Drexel, Morgan and Company. Through his New York social circle, Morgan grew close to Amelia "Memie" Sturges, the daughter of a successful merchant. Son of Joseph Morgan, III and Sarah "Sally" Morgan Hearst Magazine Media, Inc. Site contains certain content that is owned A&E Television Networks, LLC. Brother of Archilles Morgan; Lucy Goodwin and Mary Morgan, http://en.wikipedia.org/wiki/Junius_Spencer_Morgan. Spouses, children, grandchildren and great-grandchildren. Read reviews from world's largest community for readers. [40], In 1873, Morgans American presence dramatically increased after the failure of Jay Cookes banking empire. Junius S. Morgan III, U.S.N., of 'Salutation' Glen Cove, Long Island, N.Y. zoom_in 2 images. Railroad securities were further weakened by the Credit Mobilier scandal. THE DISAPPEARING DUCHESS - The New York Times 1813 birth: . Actually, although John Pierpont Morgan's father was indeed named Junius Spencer Morgan, this was not his home. In semi-retirement by the time the crisis was resolved, Morgan devoted much of his energy to his art collection and philanthropy. . With the retirement of Dabney in 1871, Morgan joined forces with Philadelphia banker Anthony Drexel to found Drexel, Morgan & Co., which took up residence in a towering new building in lower Manhattan. All for $5.95M https://t.co/apeTdEMi21 pic.twitter.com/Ttwvmu2BTU. pigella miraculous ladybug power. J.P. Morgan became one of the wealthiest and most powerful businessmen in the world through his founding of private banks and industrial consolidation in the late 1800s. "It takes a very special buyer for this trophy property," Ms. Devendorf said, "But its a once-in-a-lifetime opportunity. After Junius's move to London, Pierpont was his father's primary source of intelligence on American conditions. Kindle $10.99 Rate this book The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance Ron Chernow 3.94 10,223 ratings515 reviews The winner of the National Book Award and now considered a classic, The House of Morgan is the most ambitious history ever written about an American banking dynasty. [7][6] He remained at the firm until his father's death in 1847. He began his business career in 1829 by entering the employ of Alfred Welles, of Boston, with whom he continued until he became of age.--In July, 1834, he joined the banking-house of Morgan, Ketchum and Co., of New York, but he returned to Hartford about eighteen months later. [46], Morgan was, like his son, intensely private. gnalogique Dowling avec plus d'un demi-million de parents, And I saw, and behold, a pale horse, and its rider's name was Death, and Hades followed him; and they were given great power over a fourth of the earth; to kill with sword and with famine and with pestilence and by wild beasts of the earth." . Founder of United States Steel Corporation. Contents. J. P. Morgan Jr. Wiki & Bio - everipedia.org Junius Spencer Morgan (1867-1932), Class of 1888, and A.M. 1896, was a nephew of the celebrated John Pierpont Morgan, the great financier. Juliet Morgan Anne Morgan: Cha m: Junius Spencer Morgan Juliet Pierpont: John Pierpont "J.P." Morgan (17/4/1837 - 31/3/1913) l nh kinh doanh, ti chnh, t thin v su tp ngh thut ngi M, v l ngi c vai tr to ln trong nn ti chnh v cng nghip Hoa K cui th k 19. [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. To commemorate his passing, the New York Stock Exchange remained closed until noon on the day of his funeral. With his son's aid, Morgan grew his banking house into a trans-Atlantic financial empire that included firms in . In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Biography and associated logos are trademarks of A+E Networksprotected in the US and other countries around the globe. This article was most recently revised and updated by, https://www.britannica.com/biography/J-P-Morgan, Constitutional Rights Foundation - J P Morgan, The Panic of 1907 and the Federal Reserve Act, Philanthrophy Roundtable - Biography of J. P. Morgan, NETSTATE - Biography of John Pierpont Morgan, John Pierpont Morgan - Children's Encyclopedia (Ages 8-11), J. Pierpont Morgan - Student Encyclopedia (Ages 11 and up). Junius Morgan | PureHistory
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