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John is 18 degrees from Jennifer Aniston, 14 degrees from Drew Barrymore, 15 degrees from Candice Bergen, 16 degrees from Alexandre Dumas, 19 degrees from Carrie Fisher, 27 degrees from Whitney Houston, 15 degrees from Hayley Mills, 16 degrees from Liza Minnelli, 19 degrees from Lisa Presley, 18 degrees from Kiefer Sutherland, 17 degrees from Bill Veeck and 18 degrees from Brian Nash on our single family tree. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Junius Spencer Morgan was born on April 14, 1813 in Holyoke, Massachusetts. Beebe, Morgan and Co., became one of the largest dry-goods establishments in the United States. 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) Junius Spencer Morgan Events. In 1836, he married John Pierpont Morgan's mother, Juliet. Brother of Mary (Morgan) Smith and Lucy (Morgan) Goodwin. 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. stream examples of olympic values Likes. discoveries. 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. [18] During this period, Morgan first met Francis M. Drexel, founder of Drexel & Company, one of Philadelphia's leading banks. If not, see our friends at Ancestry DNA. The assets of the House of Morgan fell 40% from $704 million to $425 million. The compound is being offered as a whole, meaning no individual houses are available for sale separately. Contents Early life Career Personal life References Early life Morgan was born on April 14, 1813 in Holyoke, Massachusetts. I don't want a lawyer who tells me what I can't do. 3I. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Throughout, Morgan and Peabody maintained their confidence in Field's project. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General . Deceased persons are not concerned by this provision. Junius - Baby Name Meaning, Origin, and Popularity | Nameberry PDF Descendants of John Pierpont Morgan - D.A. Sharpe Today it is the Morgan Library & Museum . He later attended high school in Boston, specializing in mathematics. Junius Spencer Morgan III 1892-1960 - Ancestry There are no volunteers for this cemetery. The House of Morgan: An American Banking Dynasty and th Junius Morgan book. [5], Soon thereafter, Morgan's father secured him a new partnership at Morris Ketchum's private bank on Wall Street, renamed Morgan Ketchum & Co. junius spencer morgan great grandchildren - catip.org.pk In 1903, J.P. Morgan & Co. was appointed fiscal agent for a newly independent Panama, with responsibilities that included overseeing the transfer of $40 million to the New Panama Canal Co. 1902. [43] At the dinner, Morgan stated:[36], "never do anything to cause evil to be spoken of the American name. Morgan family | Familypedia | Fandom 1844 d. 1919. Between 1885 and 1888 he extended his influence to lines based in Pennsylvania and Ohio, and after the financial panic of 1893 he was called upon to rehabilitate a large number of the leading rail lines in the country, including the Southern Railroad, the Erie Railroad, and the Northern Pacific. 1813 birth: . John Pierpont Morgan was an American financier and investment banker during the Gilded Age. [44] By the 1880s, Junius's health began to fade, and he stepped back from day-to-day business. Morgan led a syndicated bond issue of 10,000,000, which the syndicate sold at 15 points below par. Junius Spencer Morgan I (April 14, 1813 - April 8, 1890) was an American banker and financier, as well as the father of John Pierpont "J.P." Morgan and patriarch to the Morgan banking house. He founded J. S. Morgan & Co. [38], Another windfall arrived at Morgan's doorstep that same year when Philadelphia's Anthony Drexel proposed an affiliation with J. S. Morgan & Co. Drexel was then Philadelphia's second power in government finance after Jay Cooke. More:Gatsby-esque Mansion on Long Island Gets $15M Chopped Off its $100M Asking Price. After the death of his wife Juliet in 1884, he withdrew further from business. Candidates . Morgan successfully led the American financial communitys attempt to avert a general financial collapse following the stock market panic of 1907. They were the . In 1907, Hartford-born J. Pierpont "J.P." Morgan, a Gilded Age banking tycoon, proposed building the Junius Spencer Morgan Memorial in his father's honor. We strive for accuracy and fairness.If you see something that doesn't look right,contact us! The estate, located near Glen Cove, also has a remarkable history. Please try again. Initially a smart but indifferent student, he began showing improved grades by the time he attended English High School in Boston. IMPORTANT PRIVACY NOTICE & DISCLAIMER: YOU HAVE A RESPONSIBILITY TO USE CAUTION WHEN DISTRIBUTING PRIVATE INFORMATION. Junius Spencer Morgan, 1813-90, b. When American grain (and consequently rail) prices fell dramatically after the resolution of the Franco-Prussian War, Cookes heavy investment in the Northern Pacific Railway was no longer sufficient to meet liabilities. Junius S. Morgan III, U.S.N., of 'Salutation' Glen Cove, Long Island, N.Y. zoom_in 2 images. J. P. Morgan was born and raised in Hartford, Connecticut, to Junius Spencer Morgan (1813-1890) and Juliet Pierpont (1816-1884) of Boston, Massachusetts. Charcoal and stumping on wove paper. Satterlee, Louisa Morgan 1866-1946 [WorldCat Identities] Connecticut to Junius Spencer Morgan (1813-1890) and Juliet Pierpont (1816-1884) of Boston, Massachusetts. [35] Morgan succeeded Peabody as head of the firm and reluctantly changed its name to J. S. Morgan & Co.[36] Despite his disappointment, J. S. Morgan was the largest American bank in London and had earned 444,000 in the prior ten years, leaving Morgan a powerful platform for future investments. In October 1858, Field's cable broke, delaying the project's completion another eight years until 1866. Junius Spencer Morgan - The Morgan Library & Museum 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. Morgan was born on 17 April 1837 in Hartford, Connecticut. Please refer to the appropriate style manual or other sources if you have any questions. 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. At Princeton University, she came to the attention of Junius Spencer Morgan II, a student at Princeton University and a nephew of John Pierpont Morgan. This firm was reorganized as J.P. Morgan and Company in 1895, and, largely through Morgans ability, it became one of the most powerful banking houses in the world. 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. 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. J P Morgan Quotes 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. They write new content and verify and edit content received from contributors. The current owner, Margo Walker, a socialite and real estate broker, gradually bought up all the houses over the years, according to Bloomberg, which first reported that the compound would be put up for sale. [31], Morgan became the active head of the firm in February 1859, with Peabody remaining the nominal senior partner. 1892-1960. The map below shows the places where the ancestors of the famous person lived. Design area: 5 1/4 x 8 7/16 inches (134 x 215 mm) Gift of Mr. John P. Morgan, II. The compound offers an impressive range of properties, including an entire 48-acre island with six distinctive residences, a 10-acre adjacent strip with underwater rights, a 28-acre pond, a 250-foot dock and two helicopter spots, according to Bonnie Devendorf, listing agent at Daniel Gale Sothebys International Realty. The firm did a general banking and brokerage business and had a few foreign clients. [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. If so, login to add it. From about 1836 to 1853, he was in the dry-goods business. 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. John Pierpont Morgan was born into a prominent New England family on April 17, 1837, in Hartford, Connecticut. Father. Through a system of interlocking memberships on the boards of companies he had reorganized or influenced, Morgan and his banking house achieved a top-heavy concentration of control over some of the nations leading corporations and financial institutions. The Dowling Family Tree with over half a million relatives, Drexel allied his bank with Peabody's through Morgan, forming one of the most powerful and important banking alliances in American history. . He married Emma Louise Converse on 16 June 1915, in Saint Pauls Episcopal Church, Millis, Norfolk, Massachusetts, United States. Pierpont also joined Drexel's Philadelphia firm and his Paris firm, giving the Morgans footholds in four cities. Patriarch of the Morgan family of millionaires: Junius Spencer Morgan: Business: 14-Apr-1813: 8-Apr-1890: J. S. Morgan and Company: Do you know something we don't? ; 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 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. A protracted legal battle was settled when the Supreme Court ruled in favor of the government in 1904. Island That Was Longtime Home to J.P. Morgan Heir Hits Market for $125M . Junius Spencer Morgan (1867-1932), Class of 1888, and A.M. 1896, was a nephew of the celebrated John Pierpont Morgan, the great financier. Junius Spencer Morgan I (1813-1890) | WikiTree FREE Family Tree Contents. When his horses bolted at an oncoming train, Morgan stood to see if his driver could steady the horses. When Junius Spencer Morgan III was born on 15 March 1892, in London, England, United Kingdom, his father, John Pierpont "Jack" Morgan Jr., was 24 and his mother, Jane Norton Grew, was 23. Following a decade of railroad consolidation, he broke new ground by arranging the merger of Edison General Electric and Thomson-Houston Company to form General Electric in 1892. Morgan & Co. into the upper ranks of international finance. junius spencer morgan great grandchildren contient des milliers de photos et GeneaStars. archive.org "John Pierpont Morgan was an American financier, banker, philanthropist, and art collector . 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! Best Known For: 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. The Beast with the Seven Heads and the Beast with Lamb's Horns Peabody pledged the bank could continue to use his name and if necessary, some capital. Username and password are case sensitive. All property prices are as stated by the listing agent. DISCLAIMER: The currency conversion is provided for illustration purposes only. 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. Junius Spencer Morgan - Wikidata J. Pierpont Morgan is arguably the most famous banker in American history, b. Early Years and Father's Death JP Morgan: Progressive Era In October 1861, Morgan married Amelia Sturges in Manhattan, New York. We are all related! We are featuring this profile in the Connection Finder this week. Leave a message for others who see this profile. Astrological Sign: Aries, Death Year: 1913, Death date: March 31, 1913, Death City: Rome, Death Country: Italy, Article Title: J.P. Morgan Biography, Author: Biography.com Editors, Website Name: The Biography.com website, Url: https://www.biography.com/business-leaders/jp-morgan, Publisher: A&E; Television Networks, Last Updated: March 26, 2021, Original Published Date: April 3, 2014. Harriet Nickerson , William Lord, Alice Anna GAYLORD , Richard TREAT, Blanche de BRIENNE , Guillaume de FIENNES, Elizabeth x , Nathan Lynde. The firm soon became a major player in the steel industry by financing the formation of Federal Steel in 1898. lis! Junius Morgan | PureHistory J.P. Morgan - Biography, Financier & Wealth - HISTORY We know it's short notice, so don't fret too much. Linked to: Timothy Michael Dowling, 7th cousin 4x removed Morgan & Co. Junius had a strong role in getting his son into the best educational schools he had access to, as well as mentoring him on successful business habits. Because of his links with the Peabody firm, Morgan had intimate and highly useful connections with the London financial world, and during the 1870s he was thereby able to provide the rapidly growing industrial corporations of the United States with much-needed capital from British bankers. [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. Ms. Walker couldnt immediately be reached for comment. It was a question of success. Also in 1901, Morgan teamed with James J. Hill to form the Northern Securities Company. Junius Spencer Morgan I. [11], Though married in his father-in-law's Unitarian church, Morgan attended his own father's Episcopal church in Hartford. [14], On May 15,[16] 1853, at the recommendation of James Beebe, Morgan visited the American banker George Peabody in London. Peabody also forced unfavorable terms on Morgan's lease of the bank's 22 Old Broad Street offices. Junius Spencer Morgan Photos and Premium High Res Pictures - Getty Images Primary source of wealth: J. P. Morgan & Co.. . [6], During the Panic of 1837, Morgan traveled the South in an effort to collect the firm's debts, in specie if possible but often in payments of cotton. They were the parents of at least 2 sons and 1 daughter. In 1887 it was conspicuous in the reorganization of the Philadelphia and Reading railroad, which a syndicate Of capitalists formed by Mr. Morgan placed on a sound basis. The couple had five children: Junius, Henry, Jane, and Frances lived to adulthood, but Alice died of typhoid fever. Please enable JavaScript in your browser's settings to use this part of Geni. << /Length 6 0 R /Filter /FlateDecode >> PDF J. P. Morgan - ahschools.us 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. If so, login to add it. He died on Monday, March 31, 1913 in Rome, Italy while attending a yacht racing event. The immense scope of Morgan's power came to light in the wake of the Panic of 1893. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. 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. By estimates, there were about 150 lavish estates built during that time, the majority of which have been turned into hotels and residential compounds. We are all related! He returned to the spotlight one final time in 1912, when he testified before the Pujo Committee's congressional investigation into the collaborations of Wall Street bankers. It was this fortune which eventually placed J.P. Morgan's father, Junius Spencer Morgan, in the banking business. Pedigree: Junius Spencer MORGAN At the age of 21, he became a soldier in the company of Captain Josiah Kellogg of Suffield. He started his own private banking company and bought railroads, becoming one of the world's largest steel distributors. John Pierpont Morgan 1837-1913 Married in 1861, New York, NY, to Amelia . WIKITREE PROTECTS MOST SENSITIVE INFORMATION BUT ONLY TO THE EXTENT STATED IN THE TERMS OF SERVICE AND PRIVACY POLICY. 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. The French prepaid the bonds in 1873, following the war, which brought their value up to par and netted Morgan 1,500,000 profit, which propelled J.S. The ship subsequently sank with great loss of life. This page was last edited on 25 February 2023, at 17:50. Morgan & Co. Morgan sought to prop up the price by purchasing as many bonds as he could. 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. % pentecostal assemblies of the world ordination; how to start a cna school in illinois His sister, Lucy Morgan (d. 1890) was married to Major James Goodwin, one of the founders, and a president for many years, of the Connecticut Mutual Life Insurance Company. [45], Morgan was "tall with sloping shoulders" and a thickening midriff, a wide face, light blue eyes, a prominent nose, and a firm mouth. Junius Spencer Morgan III (1892-1960) Capt. One of the firm's two junior partners was future Governor of New York and U.S. Vice President Levi P. Spouses, children, grandchildren and great-grandchildren. Railroad securities were further weakened by the Credit Mobilier scandal. Born in New York City, New York, USA on 15 MAR 1892 to John Pierpont "Jack" Morgan and Jane Norton Grew. His book collection and the building that housed them in New York City became a public reference library in 1924. junius spencer morgan great grandchildren. 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#. 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. [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. The 27,000-square-feet stone manor has grand-scale living and entertaining spaces with views of the Long Island Sound, Manhattan and Connecticut. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. Posted at 21:44h in bonobos walmart acquisition by mexico city time change. 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 Sr. founded the eponymous bank and dominated American corporate finance in the late 19th and early 20th centuries. The JP Morgan Island Estate! | Top Ten Real Estate Deals In the mid-20th century, he started to allow his friends and family to build houses on there, each with five or six acres of land. The most expensive listing in the U.S. is a West Coast home asking $350 million. As a boy he became a dry-goods clerk in Boston; later he entered a brokerage house in New York City. 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. Founder of United States Steel Corporation. junius spencer morgan great grandchildren 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. Together they had three children: Sarah Spencer Morgan, Alexander Perry Morgan and Lucrutia Morgan who died at birth. L'arbre junius spencer morgan junius spencer morgan - bobesich.ca 1890 death: From grandparents to grandchildren 2008 - 2023 INTERESTING.COM, INC. His paternal grandfather, Joseph, was a founder of the Aetna Insurance Company, and his father, Junius, became a partner in a successful dry goods business around the time he married Juliet Pierpont, daughter of noted minister and poet John Pierpont. However, despite Morgan's best efforts to nurse his bride back to health, she passed away in February 1862. CONTENT MAY BE COPYRIGHTED BY WIKITREE COMMUNITY MEMBERS. Our editors will review what youve submitted and determine whether to revise the article. 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. 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. Sarah Spencer Morgan (1839-1896) FamilySearch 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. In 1915, he married Louise, daughter of the celebrated composer Frederick S. Converse and a great-granddaughter of the "Ice King" Frederic Tudor. Banker J. P. Morgan Born - This Month in Business History - Research JP Morgan Jr. Net Worth (Entrepreneur) (1892 - 1960) Photos: 745. contains thousands of pictures and GeneaStars. junius spencer morgan great grandchildren 05 Jun. 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. West Springfield, Mass., prospered at investment banking. L'arbre J.P. Morgan - The Life and Deals of America's Banker: Insight and Analysis into the Founder of Modern Finance and the American . Junius Origin and Meaning The name Junius is boy's name of Latin origin meaning "born in June". Joseph personally bought the stakes of Aetna investors who hesitated to pay on the policies. Upon his father's death, he inherited part of Chicopee Field. Junius Spencer Morgan - Wikipedia The assistant librarian was Junius Spencer Morgan, nephew of wealthy financier J. P. Morgan. Deceased persons are not concerned by this provision. Junius Spencer Morgan I (April 14, 1813 April 8, 1890) was an American banker and financier, as well as the father of John Pierpont "J.P." Morgan and patriarch to the Morgan banking house. 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. [24], The railway boom ended in 1857 and prices collapsed, leading to rumors in London that Peabody & Co. was on the verge of failure. Within a year, the business struggled sufficiently that Joseph Morgan had to bail his son out and dissolve the partnership. Morgan members were notable for dominating the banking industry during . He died in Rome in 1913, leaving behind a world-renowned art collection and a business that remained a financial powerhouse into the 21st century. 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.