{{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. [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. He began working for his father at a young age and attended the University of Gottingen, a German language school. Design area: 5 1/4 x 8 7/16 inches (134 x 215 mm) Gift of Mr. John P. Morgan, II. IMPORTANT PRIVACY NOTICE & DISCLAIMER: YOU HAVE A RESPONSIBILITY TO USE CAUTION WHEN DISTRIBUTING PRIVATE INFORMATION. The son of a successful financier, Junius Spencer Morgan (181390), John Pierpont Morgan was educated in Boston and at the University of Gttingen. Corrections? The largest online newspaper archive; 22,800+ newspapers from the 1700s-2000s; Millions of additional pages added every month In 1845, his father invested an additional $25,000 in the firm on Junius's behalf. The firm soon became a major player in the steel industry by financing the formation of Federal Steel in 1898. 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. 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. Peabody also forced unfavorable terms on Morgan's lease of the bank's 22 Old Broad Street offices. 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. 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. Relationship with Timothy Michael Dowling (Sosa/Ahnentafel #1), Relationship with Juliet Pierpont (spouse), Browse using this individual as Sosa/Ahnentafel #1, , born 30July1816 - Baltimore, Baltimore Co., MD, deceased 23February1884 aged 67years old, List of all individuals in the family tree, {{ 'gw_downgraded_access_back_to_max'|translate }}, Born 14April1813 - West Springfield, Hampden Co., MA, Birth, death: Dowling Family Tree - Tim Dowling - rootsweb, 2001-2015 - - electronic - I42064. 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. While every effort has been made to follow citation style rules, there may be some discrepancies. Sarah Spencer Morgan (1893-1949), married Henry B. Gardner (1891-1932) in 1913. Junius Spencer Morgan - Digital PUL He was of Hartford, Conn., but later associated with the Banking-house of Peabody & Morgan of London, England, where he resided many years. 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 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. The . gnalogique Dowling avec plus d'un demi-million de parents, 24530600 - Virtual International Authority File Father Joseph Morgan (Spencer) II. During his residence in Hartford, Mr. Morgan was active in the affairs of the Protestant Episcopal church, and also in various charitable enterprises. WIKITREE HOME | ABOUT | G2G FORUM | HELP | SEARCH. J. P. Morgan was born and raised in Hartford, Connecticut, to Junius Spencer Morgan (18131890) and Juliet Pierpont (18161884) of Boston, Massachusetts. However, he soon encountered resistance from President Theodore Roosevelt, who sought to leverage the populist tide against the wealthy "robber barons" of Wall Street. He took on a prominent role in London society, hosting many social gatherings at his homes on Hyde Park and at Roehampton.[32][33]. 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. Juliet Pierpont Morgan (18471923), who was the mother of John Junius Morgan (d. 1952). We strive for accuracy and fairness.If you see something that doesn't look right,contact us! [44] By the 1880s, Junius's health began to fade, and he stepped back from day-to-day business. Touring the world with friends one mile and pub at a time; southlake carroll basketball. In 1861 Morgan became the agent for his fathers banking company in New York City. 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! 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. They write new content and verify and edit content received from contributors. 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. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General . In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Contents. [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 Beaux-Arts Morgan Memorial of 1910-15 was designed by Benjamin Wistar Morris. He was a devout Episcopalian. Junius Spencer Morgan (American) The Metropolitan Museum of Art. -- PBS Online, 1999, {{ mediasCtrl.getTitle(media, true) }} Capture a web page as it appears now for use as a trusted citation in the future. Pierpont also joined Drexel's Philadelphia firm and his Paris firm, giving the Morgans footholds in four cities. "John Pierpont Morgan (1837-1913) began his career in 1857 as an accountant, and worked for several New York banking firms until he became a partner in Drexel, Morgan and Company in 1871, which was reorganized as J.P. Morgan and Company in 1895. PDF Descendants of John Pierpont Morgan - D.A. Sharpe Junius Spencer Morgan b. 1813 d. 1890 - Rodovid EN All charts include source citations for ancestors in the charts. At the age of 21, he became a soldier in the company of Captain Josiah Kellogg of Suffield. Pierpont, as he preferred to be . The immense scope of Morgan's power came to light in the wake of the Panic of 1893. You can't pick cherries with your back to the tree. Together they had three children: Sarah Spencer Morgan, Alexander Perry Morgan and Lucrutia Morgan who died at birth. The outdoor landscaping was overseen by Frederick Law Olmsted, the celebrated landscape architect responsible for Central Park, according to Ms. Devendorf. Beebe, Morgan and Co., became one of the largest dry-goods establishments in the United States. Family Life JP Morgan Jr. married Jane Norton Grew. Junius Spencer. 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. "[48], In 1836, Morgan married Juliet Pierpont (18161884), daughter of John Pierpont (17851866), a poet, lawyer, merchant, and Unitarian minister. 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. Morgan family - Wikipedia GROUP. L'arbre Margaret Geer Walker lives there, Anonymous @ 2021-02-06 20:05:03 . [63] Morgan was a close friend of the Whig politician and diplomat Abbott Lawrence. He also purchased Dover House in Roehampton. John Pierpont Morgan was an American financier and investment banker during the Gilded Age. stream The yearly tax for the property is about $570,000. 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. 1892-1960. J. P. Morgan Biography - Childhood, Life Achievements & Timeline Inscription: Signed in pen and black ink, at lower right, "Junius March 10 / 1902". Through his mother, he was a first cousin to Henry Grew Crosby (1898-1929). Banker J. P. Morgan Born - This Month in Business History - Research In 1836, he married John Pierpont Morgan's mother, Juliet. J. P. Morgan - Wikipedia ting Vit [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. Husband of Juliet (Pierpont) Morgan married 2 May 1836 in Hartford, Hartford County, Connecticut. Junius Spencer Morgan, 1813-90, b. J. Pierpont Morgan is arguably the most famous banker in American history, b. 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. Quick access. Junius Spencer Morgan I (1813-1890) | WikiTree FREE Family Tree John Pierpont Morgan was born in the spring of 1837 to Junius Spencer Morgan and Juliet Pierpont. [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. J P Morgan Quotes Junius Spencer Morgan Photos and Premium High Res Pictures - Getty Images 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. From about 1836 to 1853, he was in the dry-goods business. Junius Spencer Morgan III 1892-1960 - Ancestry A man always has two reasons for doing anything: a good reason and the real reason. lis! [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. 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. walmart springfield, mo tire and lube hours . Junius Spencer Morgans father J.P. Morgan II, an influential financier himself, had an estate in the area, which was nicknamed the Gold Coast for its show of opulence at the turn of the 20th century. Junius Spencer Morgan, III won (41%) against 2 opponents. He reorganized several major railroads and financed industrial consolidations that formed the United States Steel, International Harvester, and General Electric corporations. Morgan | Infoplease 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. Morgan Family - NNDB It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. Ancestors. In 1887 he gave a large and valuable painting, by Sir Joshua Reynolds, which he had purchased for that purpose, to the Metropolitan museum of art in New York city. 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. 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. J.P. Morgan Pedigree Chart | John Pierpont "J.P." Morgan | Ahnentafel 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. J.P. Morgan was known for reorganizing businesses to make them more profitable and stable and gaining control of them. This page was last edited on 25 February 2023, at 17:50. 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. 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. The compound is being offered as a whole, meaning no individual houses are available for sale separately. After the death of his wife Juliet in 1884, he withdrew further from business. 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. Articles from Britannica Encyclopedias for elementary and high school students. Three years later he began financing a series of giant industrial consolidations that were to reshape the corporate structure of the American manufacturing sector. Sorry! The House of Morgan: An American Banking Dynasty and th L'arbre He later attended high school in Boston, specializing in mathematics. [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. Francis Goodwin,[59] chairman of the Hartford Parks Commission. With his son's aid, Morgan grew his banking house into a trans-Atlantic financial empire that included firms in . The couple had five children: Junius, Henry, Jane, and Frances lived to adulthood, but Alice died of typhoid fever. J.P. Morgan - Life, Family & Philanthropy - Biography 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. In 1886 he reorganized two more major railroads with the aim of stabilizing their financial base. 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. << /Length 6 0 R /Filter /FlateDecode >> Records: 4,977. Morgan & Co. Morgan sought to prop up the price by purchasing as many bonds as he could. "Go as far as you can see; when you get there, you'll be able to see farther. 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. Continuing with this request will add an alert to the cemetery page and any new volunteers will . 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. When healthy, he frequented galleries and concerts with his parents, sparking a lifelong fascination with the arts. junius spencer morgan great grandchildren Mountain Landscape with Bridge over Waterfall. 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. Spencer was on the show to talk about his new Disney+ documentary, Finding Michael, released on Friday. 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. View of Morgan Great Hall in the Wadsworth Atheneum Museum of Art [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. 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. [5] In 1910, at the age of 74, he was living with his wife Frances and daughter Anne in Manhattan. Just one grandparent can lead you to many 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. DISCLAIMER: The currency conversion is provided for illustration purposes only. The Morgan Mansion was built in 1897 by Junius Spencer Morgan and Josephine Perry Morgan. 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. 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. If not, see our friends at Ancestry DNA. By estimates, there were about 150 lavish estates built during that time, the majority of which have been turned into hotels and residential compounds. The firm did a general banking and brokerage business and had a few foreign clients. About: Junius Spencer Morgan - dbpedia.org 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. 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. 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. 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.
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