Submit a correction or make a comment about this profile. J. P. Morgan was born and raised in Hartford, Connecticut, to Junius Spencer Morgan (1813-1890) and Juliet Pierpont (1816-1884) of Boston, Massachusetts. . [6], In April 1833, Alfred Welles offered Morgan a partnership in his firm; he accepted against his father's wishes. Enter a grandparent's name. He entered business in Connecticut, operating a tavern, coffee house, and stagecoach line,[4] and was a founding partner in the Aetna Fire Insurance Company in 1819. The yearly tax for the property is about $570,000. Peabody also forced unfavorable terms on Morgan's lease of the bank's 22 Old Broad Street offices. Junius Spencer Morgan I (1813-1890) | WikiTree FREE Family Tree % He then reassured a skeptical President .css-47aoac{-webkit-text-decoration:underline;text-decoration:underline;text-decoration-thickness:0.0625rem;text-decoration-color:inherit;text-underline-offset:0.25rem;color:#A00000;-webkit-transition:all 0.3s ease-in-out;transition:all 0.3s ease-in-out;}.css-47aoac:hover{color:#595959;text-decoration-color:border-link-body-hover;}Grover Cleveland by citing an obscure 1862 statute that gave the Secretary of the Treasury the power to pull off such a transaction without congressional approval. 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. Morgan | Encyclopedia.com [66][67], At his funeral, the pallbearers were Roland Mather, Levi P. Morton, Anthony Joseph Drexel, Chauncey M. Depew, Cornelius Vanderbilt II, J. C. Rogers, J. Kearney Warren, and Edward John Phelps. Members of the family amassed an immense fortune over the generations, primarily through the noted work of John Pierpont (J. P.) Morgan (1837-1913). [24], The railway boom ended in 1857 and prices collapsed, leading to rumors in London that Peabody & Co. was on the verge of failure. Signup for our newsletter to get notified about our next ride. gnalogique Dowling avec plus d'un demi-million de parents, Island That Was Longtime Home to J.P. Morgan Heir Hits Market for $125M Death 8 Apr 1890 - Hartford, Hartford, Connecticut, USA. [13], By February 1851, Morgan sold his stake in Howe & Mather for $600,000 and moved to Boston's Pemberton Square. 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. In 1886 he reorganized two more major railroads with the aim of stabilizing their financial base. the tall man aboriginal spirit; metadata api request failed: component conversion failed: file_ended; caleb foote sandlot In 1836, he married John Pierpont Morgan's mother, Juliet. The carriage hit a pile of stone and Morgan was thrown against the wall. Spouses, children, grandchildren and great-grandchildren. The 27,000-square-feet stone manor has grand-scale living and entertaining spaces with views of the Long Island Sound, Manhattan and Connecticut. Cookes firm collapsed on September 18, triggering a wave of bank failures as part of the Panic of 1873. walmart springfield, mo tire and lube hours . Junius - Baby Name Meaning, Origin, and Popularity | Nameberry Son of Joseph Morgan III and Sally (Spencer) Morgan. [66], At his death, he left a fortune of $12,400,000 (equivalent to $370,000,000 today). Junius Spencer Morgans manor, named Salutation, is one of the few remaining estates still privately owned. Major children and living persons must directly contact the. discoveries. 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. It was not really a question of price. "It takes a very special buyer for this trophy property," Ms. Devendorf said, "But its a once-in-a-lifetime opportunity. Aptly-named House Island comes w/ 4 houses, 5 beaches and 12.8 acres. Morgan & Co. Morgan sought to prop up the price by purchasing as many bonds as he could. He returned to the United States in 1857, and entered the banking-firm of Duncan, Sherman and Co., of New York. Please refer to the appropriate style manual or other sources if you have any questions. About: Junius Spencer Morgan - dbpedia.org Nathaniel's son, Joseph Morgan, was the fifth of seven children. *FREE* shipping on qualifying offers. He worked at his father's bank, Peabody, Morgan & Co., and later the firms of Duncan, Sherman & Company and Dabney, Morgan, and Company. DISCLAIMER: The currency conversion is provided for illustration purposes only. Meanwhile, Pierpont struck up a new romance with Frances Louisa "Fanny" Tracy, the daughter of a New York lawyer. [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. Linked to: Timothy Michael Dowling, 7th cousin 4x removed pentecostal assemblies of the world ordination; how to start a cna school in illinois Candidates . Brother of Archilles Morgan; Lucy Goodwin and Mary Morgan, http://en.wikipedia.org/wiki/Junius_Spencer_Morgan. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General . stream He was named after his maternal grandfather, and much like his Uncle Pierpont, he was a great collector. Ms. Walker couldnt immediately be reached for comment. contient des milliers de photos et GeneaStars. John Pierpont Morgan : Family tree by Tim DOWLING (tdowling) - Geneanet 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. 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. We are all related! from Harvard University in 1914. Junius Spencer Morgan II (1867-1932), son of J. Pierpont Morgan's sister Sarah, began collecting rare books while he was in his teens and eventually built a fine collection of the ancient Roman poet Virgil's works. Morgan family - Wikipedia Junius Spencer Morgan, III won (41%) against 2 opponents. 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." . The assets of the House of Morgan fell 40% from $704 million to $425 million. Have you taken a DNA test? 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. . In addition to consolidating and controlling several railroads and industries, J.P. Morgan led in resupplying the U.S. Treasurys gold reserve during the depression that followed the panic of 1893 and organized the financial community in averting a financial collapse after the market panic of 1907. 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. There are no volunteers for this cemetery. Please try again. In the course of these corporate restructurings, Morgan became a member of the board of directors of these and other railroads, thereby amassing great influence on them. 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. J.P. Morgan cofounded (1871) the banking company Drexel, Morgan and Company. Underscoring his influence in the industry, Morgan in 1885 arranged a meeting with the feuding directors of the New York Central and Pennsylvania Railroad aboard his yacht, the Corsair. Regardless, Morgan continued to exert his authority in both industries and in government. Save Page Now. [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. Just one grandparent can lead you to many 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. [7], In January 1836, Morgan's father bought him a partnership in the Hartford wholesale dry goods house of Howe Mather & Co., the largest in Hartford. At his death, in 1890, he left a fortune estimated at about $10,000,000. Throughout, Morgan and Peabody maintained their confidence in Field's project. 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. 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. 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. A sickly child who suffered seizures and other mysterious ailments, Pierpont, as he was known, spent long periods sheltered at home. Junius Spencer Morgan, 1813-90, b. By estimates, there were about 150 lavish estates built during that time, the majority of which have been turned into hotels and residential compounds. Morgan. Junius S. Morgan III, U.S.N., of 'Salutation' Glen Cove, Long Island, N.Y. zoom_in 2 images. JP Morgan Jr. Net Worth (Entrepreneur) Junius Spencer Morgan I. They married in May 1865 and had four children, with son John Pierpont "Jack" Morgan Jr. going on to take over his father's business many years later. 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! Actually, although John Pierpont Morgan's father was indeed named Junius Spencer Morgan, this was not his home. gnalogique Dowling avec plus d'un demi-million de parents, [40], In 1873, Morgans American presence dramatically increased after the failure of Jay Cookes banking empire. L'arbre Connecticut to Junius Spencer Morgan (1813-1890) and Juliet Pierpont (1816-1884) of Boston, Massachusetts. Find Junius Spencer Morgan stock photos and editorial news pictures from Getty Images. Juliet Pierpont Morgan (18471923), who was the mother of John Junius Morgan (d. 1952). 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. 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. [31], Morgan became the active head of the firm in February 1859, with Peabody remaining the nominal senior partner. Upon his father's death, he inherited part of Chicopee Field. We are not responsible for any loss that you may incur as a result of relying on these currency conversions. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner.
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