Belle da Costa Greene (1883-1950) - BlackPast.org About: Junius Spencer Morgan - dbpedia.org We are featuring this profile in the Connection Finder this week. The Morgan family was an American financial and banking dynasty, which became prominent in the U.S. and throughout the world in the late 19th century and early 20th century. [43] At the dinner, Morgan stated:[36], "never do anything to cause evil to be spoken of the American name. The Morgan name is traced to Carmarthen , Wales, and the first known Morgan family ancestral is Hyfaidd ap Bleddri, third son of Bledri of Wales. Get a Britannica Premium subscription and gain access to exclusive content. I don't want a lawyer who tells me what I can't do. The House of Morgan: An American Banking Dynasty and th Junius Origin and Meaning The name Junius is boy's name of Latin origin meaning "born in June". He died on Monday, March 31, 1913 in Rome, Italy while attending a yacht racing event. All charts include source citations for ancestors in the charts. 1890 death: From grandparents to grandchildren J. P. Morgan was born in Hartford, Connecticut to Junius Spencer Morgan (1813-1890) and Juliet Pierpont (1816-1884) of Boston, Massachusetts. Cloudy and con- tii.upd cool Warren Temp.. Hig-h iO: Low 35. L'arbre Ms. Walker couldnt immediately be reached for comment. junius spencer morgan great grandchildren - catip.org.pk Sarah Spencer Morgan (1839-1896) FamilySearch Pedigree: Junius Spencer MORGAN We are not responsible for any loss that you may incur as a result of relying on these currency conversions. Morgan was born on April 14, 1813, in Holyoke, Massachusetts to Joseph and Sarah Morgan. [42], In 1877, Morgan began a semiretirement, cutting back on his schedule and ceding greater authority to his son. [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. View of Morgan Great Hall in the Wadsworth Atheneum Museum of Art Cookes firm collapsed on September 18, triggering a wave of bank failures as part of the Panic of 1873. Junius Spencer Morgan (American) The Metropolitan Museum of Art. He was named after his maternal grandfather, and much like his Uncle Pierpont, he was a great collector. Junius Spencer Morgan III (1892-1960) - HouseHistree . Junius Spencer Morgan - Digital PUL Morgan family - Wikipedia J P Morgan. J. P. Morgan was born and raised in Hartford, Connecticut, to Junius Spencer Morgan (18131890) and Juliet Pierpont (18161884) of Boston, Massachusetts. [13], By February 1851, Morgan sold his stake in Howe & Mather for $600,000 and moved to Boston's Pemberton Square. Morgan pulled off the massive transaction without driving down the share price, and in return he secured a seat on the New York Central board of directors. Early Years and Father's Death JP Morgan: Progressive Era 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. 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. If not, see our friends at Ancestry DNA. Morgan & Co. into the upper ranks of international finance. Mother Sarah Sally Spencer Morgan. 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. I hire a lawyer to tell me how I can do what I want to do! He is buried in Cedar Hill Cemetery in Hartford, Connecticut.[8][9]. Father Joseph Morgan (Spencer) II. 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 was born in the spring of 1837 to Junius Spencer Morgan and Juliet Pierpont. Though Peabody retired as promised, he denied Morgan the use of his name and capital. from Harvard University in 1914. 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. Sunset 6:13. 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. Through his New York social circle, Morgan grew close to Amelia "Memie" Sturges, the daughter of a successful merchant. Submit a correction or make a comment about this profile. Today it is the Morgan Library & Museum . Login to find your connection. Junius Spencer Morgan I (14 Apr 1813 - 8 Apr 1890) 0 references . Just one grandparent can lead you to many Junius Spencer Morgan - Wikiwand [4] [5] Career. 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 . Let us know if you have suggestions to improve this article (requires login). 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. The compound is being offered as a whole, meaning no individual houses are available for sale separately. He was interred at the family lot in Cedar Hill Cemetery in Hartford. [24], The railway boom ended in 1857 and prices collapsed, leading to rumors in London that Peabody & Co. was on the verge of failure. gnalogique Dowling avec plus d'un demi-million de parents, The son of a successful financier, Junius Spencer Morgan (181390), John Pierpont Morgan was educated in Boston and at the University of Gttingen. 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. Regardless, Morgan continued to exert his authority in both industries and in government. 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. If so, login to add it. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. Virginia Elections Database Candidate Profile [14], On May 15,[16] 1853, at the recommendation of James Beebe, Morgan visited the American banker George Peabody in London. He was generally emotionless, and his friend George Smalley praised his "grave, strong beauty" and his "eyes full of light" but a face that ended in an "immovable jaw. [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. Juliet Pierpont Morgan (18471923), who was the mother of John Junius Morgan (d. 1952). junius spencer morgan great grandchildren. Ten years later, he succeeded Peabody as head of the firm and changed its name to J. S. Morgan & Co. MORGAN, Junius Spencer, banker, born in West Springfield (now Holyoke), Massachusetts, 14 April, 1813. Morgan's Death. There is a "921 PPP Without Project Account and without ProjectBox" error that needs corrected. 1785-1866 & Mary Sheldon Lord 1787-1855) with. It was a question of success. He was of Hartford, Conn., but later associated with the Banking-house of Peabody & Morgan of London, England, where he resided many years. After a year, he transferred to a private academy in East Windsor, Connecticut and spent summers working on his father's farm or assisting at his father's business office in Hartford. Father. 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. Quick access. Family tree of J. P. MORGAN - Geneastar J.P. Morgan - The Life and Deals of America's Banker: Insight and Analysis into the Founder of Modern Finance and the American . [1] Career Throughout, Morgan and Peabody maintained their confidence in Field's project. In 1875, at the age of 38, Morgan was living with his wife Frances and children Louisa, John, Juliet, and Anne in Highland, New York. Having financed the creation of the Federal Steel Company in 1898, Morgan in 1901 joined in merging it with the giant Carnegie Steel Company and other steel companies to form United States Steel Corporation, which was the worlds first billion-dollar corporation. Wikipedia (8 entries) edit. He received an A.B. Morgan. contient des milliers de photos et GeneaStars. All property prices are as stated by the listing agent. 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. Brother of Mary (Morgan) Smith and Lucy (Morgan) Goodwin. At the age of 13, he was enrolled at the American Literary, Scientific, and Military Academy (now Norwich University) in Middletown, Connecticut near the home of his mother's parents. 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. A sickly child who suffered seizures and other mysterious ailments, Pierpont, as he was known, spent long periods sheltered at home. Corrections? [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. Leave a message for others who see this profile. 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. 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. To commemorate his passing, the New York Stock Exchange remained closed until noon on the day of his funeral. In 1907, Morgan again was called to aid the U.S. government in the grips of economic panic. Junius Spencer Morgan (April 14, 1813 April 8, 1890) was an American banker and financier, born at West Springfield (now Holyoke), Massachusetts, USA. 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. Junius Morgan: Founder of a Banking Dynasty by Daniel Alef ", Delivers the most important property news around the world to your inbox each weekday, COPYRIGHT 2023 MANSION GLOBAL. *FREE* shipping on qualifying offers. The Beaux-Arts Morgan Memorial of 1910-15 was designed by Benjamin Wistar Morris. After finishing his education in 1857, Morgan moved to New York to work as a clerk at Duncan, Sherman & Co., the American branch of his father's firm. Sarah Spencer Morgan (1893-1949), married Henry B. Gardner (1891-1932) in 1913. [30] The firm turned an eventual profit on the venture, but its major purpose was to establish Morgan as a primary backer in the growing communications industry. 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. [33], In 1864, Morgan's ten-year agreement with Peabody expired. Though Peabody & Co. made a significant investment in the Transatlantic cotton trade, its principal business was still with correspondent banks in the Eastern United States and with railroad companies. Wrong username or password. The . 2008 - 2023 INTERESTING.COM, INC. There are no volunteers for this cemetery. PDF J. P. Morgan - ahschools.us 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). In October 1861, Morgan married Amelia Sturges in Manhattan, New York. Family Members In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. J. P. Morgan. While Philadelphia banker Jay Cooke and those Wall Street banks with German ties made a bonanza during the war, Peabody & Co. had modest profits by comparison. However, he soon encountered resistance from President Theodore Roosevelt, who sought to leverage the populist tide against the wealthy "robber barons" of Wall Street. J.P. Morgan | Biography & Facts | Britannica VIRGIL | Princeton University Library Special Collections Born in New York City, New York, USA on 15 MAR 1892 to John Pierpont "Jack" Morgan and Jane Norton Grew. Pierpont, as he preferred to be known, had a varied education due in part to interference by his father, Junius. The couple had five children: Junius, Henry, Jane, and Frances lived to adulthood, but Alice died of typhoid fever. The largest online newspaper archive; 22,800+ newspapers from the 1700s-2000s; Millions of additional pages added every month Their daughter, Mary Ethel Burns (d. 1961) married, Junius Spencer Morgan Jr (18461850), who died young. However, despite Morgan's best efforts to nurse his bride back to health, she passed away in February 1862. great grandfather. Morgan at the time was building a library at the corner of Madison Avenue and 38th Street in New York City and was looking for someone to help him cultivate his growing collections. Morgan, American family of financiers and philanthropists. One of the most powerful bankers of his era, J.P. (John Pierpont) Morgan (1837-1913) financed railroads and helped organize U.S. Steel, General Electric and other major corporations. Island That Was Longtime Home to J.P. Morgan Heir Hits Market for $125M Save Page Now. 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. Their blossoming romance was jarred by her diagnosis of tuberculosis in 1861, and they quickly married and moved to Algiers with the hope of spurring a recovery. [8] He continued traveling to collect debts and purchase cotton through the ongoing depression into the 1840s, continuing to grow his reputation as a businessman in Hartford. The JP Morgan Island Estate! | Top Ten Real Estate Deals WIKITREE HOME | ABOUT | G2G FORUM | HELP | SEARCH. In 1845, his father invested an additional $25,000 in the firm on Junius's behalf. We know it's short notice, so don't fret too much. Three years later he began financing a series of giant industrial consolidations that were to reshape the corporate structure of the American manufacturing sector. [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 Events. in Hartford, Connecticut, USA , United States, Died on March 31, 1913 5 0 obj Please try again. Samuel Spencer (1670 - 1756), my sixth great grandfather, and Morgan's third great grandfather. v.).--His son, John Pierpont, banker, born in Hartford, Connecticut, 17 April, 1837, was educated at the English high-school in Boston, and then studied at the University of Gottingen, Germany. Dowling About the Morgan Family | Constitution Hill 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#. With his son's aid, Morgan grew his banking house into a trans-Atlantic financial empire that included firms in . 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. He began working for his father at a young age and attended the University of Gottingen, a German language school. [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. The PEDIGREE of Junius Spencer MORGAN (major banker; founder & eponym of J.S. Peabody also forced unfavorable terms on Morgan's lease of the bank's 22 Old Broad Street offices. 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. J.P. Morgan (1837-1913) - Find a Grave Memorial Two years later, in 1892, Jack Morgan returned to the US and became a partner at Drexel, Morgan & Co., the bank his father co-founded with Pittsburgh banker Anthony Drexel. Records: 4,977. 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) It was not really a question of price. Fans vent fury as Spencer Matthew's documentary Finding Michael fails 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. 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. By estimates, there were about 150 lavish estates built during that time, the majority of which have been turned into hotels and residential compounds. 1892-1960. He headed a group of bankers who took in large government deposits and decided how the money was to be used for purposes of financial relief, thereby preserving the solvency of many major banks and corporations. [23], By 1856, Peabody was confident enough in Morgan to leave him in sole care of the business while Peabody took an extended tour of the United States. Mary Lyman Morgan Burns 1844 - 1919. Morgan members were notable for dominating the banking industry during . [20] Some of Peabody's largest clients suspended business or failed entirely, and Duncan Sherman was unable to pay its remittances without assistance. 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. CONTENT MAY BE COPYRIGHTED BY WIKITREE COMMUNITY MEMBERS. Morgan's life and career took another turn after the death of his father in 1890. John Pierpont Morgan, Sr. (1837 - 1913) - Genealogy - geni family tree After being recommended, Greene met with Morgan in 1905, and was hired . As a boy he became a dry-goods clerk in Boston; later he entered a brokerage house in New York City. John Pierpont Morgan : Family tree by Tim DOWLING (tdowling) - Geneanet He founded J. S. Morgan & Co. Username and password are case sensitive. Their relationship, though separated by an ocean and wildly divergent personalities, was close. It became J.P. Morgan and Company in 1895 and is now JPMorgan Chase & Co. Primary source of wealth: J. P. Morgan & Co.. . 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. [2] He grew up in New York and received an education that focused on math and history, as well as German and French, as his father believed there was great value in those subjects. J. P. Morgan shot; thirty-two caliber bullet penetrates groin - UPI 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. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. [7][6] He remained at the firm until his father's death in 1847. J. Pierpont Morgan is arguably the most famous banker in American history, b. [4] In 1880, he and his family were living in New York City. The Dowling Family Tree with over half a million relatives, Juliet Pierpont Morgan . With his son's aid, Morgan grew his banking house into a trans-Atlantic . Joseph Morgan (Grandfather of J. Pierpont Morgan) Biography Geneastars | Facebook. While every effort has been made to follow citation style rules, there may be some discrepancies. Working with his son John Pierpont in New York, Morgan was able to receive news of the fall of Vicksburg via telegraph before it became general knowledge in London, buying up Union bonds before their prices rose. Morgan III. J. S. Morgan began collecting as a student, and was early attracted to Virgil probably through the influence of Dean West. Junius Spencer Morgan III - Alchetron, the free social encyclopedia [66], At his death, he left a fortune of $12,400,000 (equivalent to $370,000,000 today). DISCLAIMER: The currency conversion is provided for illustration purposes only. 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. 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. Ancestors. There is 1 volunteer for this cemetery. Son of Junius Spencer Morgan I and Juliet (Pierpont) Morgan Brother of Sarah Spencer Morgan, Mary Lyman (Morgan) Burns, Junius Spencer Morgan II and Juliet Pierpont Morgan Husband of Amelia (Sturges) Morgan married 7 Oct 1861 in New York, USA Husband of Frances Louise (Tracy) Morgan married 31 May 1865 [location unknown] Descendants
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