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 discoveries. J.P. Morgan - Biography, Financier & Wealth - HISTORY gnalogique Dowling avec plus d'un demi-million de parents, Ms. Walker couldnt immediately be reached for comment. 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. The assistant librarian was Junius Spencer Morgan, nephew of wealthy financier J. P. Morgan. 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. John Pierpont Morgan (April 17, 1837 - March 31, 1913) was an American financier, banker and art collector who dominated corporate finance and industrial consolidation during his time. He is buried in Cedar Hill Cemetery, Hartford, Connecticut. By estimates, there were about 150 lavish estates built during that time, the majority of which have been turned into hotels and residential compounds. 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. [44] By the 1880s, Junius's health began to fade, and he stepped back from day-to-day business. Junius Spencer Morgan III - Alchetron, the free social encyclopedia Junius Spencer Morgan and his family lived on the island for decades. 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. Junius Spencer Morgan I was an American banker and financier, as well as the father of John Pierpont "J.P." Morgan and patriarch to the Morgan banking house. [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. (1892 - 1960) Photos: 745. Junius Spencer Morgan - Alchetron, The Free Social Encyclopedia 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. 24530600 - Virtual International Authority File [43] At the dinner, Morgan stated:[36], "never do anything to cause evil to be spoken of the American name. [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. [33], In 1864, Morgan's ten-year agreement with Peabody expired. gnalogique Dowling avec plus d'un demi-million de parents, The assets of the House of Morgan fell 40% from $704 million to $425 million. [66], At his death, he left a fortune of $12,400,000 (equivalent to $370,000,000 today). Husband of Juliet Morgan Ancestors. The House of Morgan: An American Banking Dynasty and th "It takes a very special buyer for this trophy property," Ms. Devendorf said, "But its a once-in-a-lifetime opportunity. 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. gnalogique Dowling avec plus d'un demi-million de parents, [62], Like his father, Morgan was a strong supporter of the Whig Party. Nathaniel's son, Joseph Morgan, was the fifth of seven children. Articles from Britannica Encyclopedias for elementary and high school students. J.P. Morgan - The Life and Deals of America's Banker: Insight and Analysis into the Founder of Modern Finance and the American . He took on a prominent role in London society, hosting many social gatherings at his homes on Hyde Park and at Roehampton.[32][33]. The . Login to find your connection. Great though his resources were, Morgan could not finance such enormous sales of stocks and bonds entirely through his own and his father's partnerships. Please enable JavaScript in your browser's settings to use this part of Geni. Juliet Pierpont Morgan . Updates? Through his mother, he was a first cousin to Henry Grew Crosby (1898-1929). He was not related to Edwin D. Morgan, a prominent Hartford and New York banker and merchant of the same era who became Governor of New York. 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. IMPORTANT PRIVACY NOTICE & DISCLAIMER: YOU HAVE A RESPONSIBILITY TO USE CAUTION WHEN DISTRIBUTING PRIVATE INFORMATION. [47] He had a "dry wit and genial manor and employed iron discipline." It was not really a question of price. At his death, in 1890, he left a fortune estimated at about $10,000,000. J P Morgan. 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. Morgan Family - NNDB "John Pierpont Morgan was an American financier, banker, philanthropist, and art collector . The compound is being offered as a whole, meaning no individual houses are available for sale separately. Inscription: Signed in pen and black ink, at lower right, "Junius March 10 / 1902". Morton. In one early example of his ingenuity, Morgan was in New Orleans for business when he encountered a ship captain with a boatload of coffee and no buyer. [14][15] He was soon among the nation's financial elite. "[48], In 1836, Morgan married Juliet Pierpont (18161884), daughter of John Pierpont (17851866), a poet, lawyer, merchant, and Unitarian minister. 1981.2:2 . 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. Wife/Partner: Juliet PIERPONT Children: John Pierpont MORGAN ; Mary Lyman (m. Walter Hayes Burns) Charcoal and stumping on wove paper. Junius Spencer Morgan III (1892-1960) FamilySearch He attended Harvard University during the early-to-mid 1880s. WIKITREE PROTECTS MOST SENSITIVE INFORMATION BUT ONLY TO THE EXTENT STATED IN THE TERMS OF SERVICE AND PRIVACY POLICY. aged 75years old. This page was last edited on 25 February 2023, at 17:50. Morgan family | Familypedia | Fandom 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. 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. [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. Throughout, Morgan and Peabody maintained their confidence in Field's project. [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. rootsweb: Click Here Son of Joseph Morgan III and Sally (Spencer) Morgan. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General . The following year, he fronted a syndicate that sold $40 million in bonds to finance the Northern Pacific Railroad, then the largest transaction of railroad bonds in U.S. history. It became J.P. Morgan and Company in 1895 and is now JPMorgan Chase & Co. contient des milliers de photos et GeneaStars. I hire a lawyer to tell me how I can do what I want to do! 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. rootsweb: Click Here [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. The largest online newspaper archive; 22,800+ newspapers from the 1700s-2000s; Millions of additional pages added every month Pedigree: Junius Spencer MORGAN Upon his father's death, he inherited part of Chicopee Field. [5] He made a fortune with Aetna in 1835, when Aetna covered Wall Street firms destroyed in the Great Fire of New York. . Linked to: Timothy Michael Dowling, 7th cousin 4x removed gnalogique Dowling avec plus d'un demi-million de parents, Morgan was one of the greatest art and book collectors of his day, and he donated many works of art to the Metropolitan Museum of Art in New York City. Family tree of J. P. MORGAN - Geneastar 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. He later attended high school in Boston, specializing in mathematics. 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 . Brother of Archilles Morgan; Lucy Goodwin and Mary Morgan, http://en.wikipedia.org/wiki/Junius_Spencer_Morgan. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. He married Emma Louise Converse on 16 June 1915, in Saint Pauls Episcopal Church, Millis, Norfolk, Massachusetts, United States. Have you taken a DNA test? In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Sunset 6:13. 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. Through his mother, he was a first cousin to Henry Grew Crosby (1898-1929). There is 1 volunteer for this cemetery. He contributed money to Trinity College, Hartford. Morgan urged Pierpont to withdraw his name from consideration, and he did. [11], Though married in his father-in-law's Unitarian church, Morgan attended his own father's Episcopal church in Hartford. The firm soon became a major player in the steel industry by financing the formation of Federal Steel in 1898. ; Services to Be Held Today at Highland Falls and Here on Sunday", "J. S. Morgan Dies In Switzerland; Retired Banker Emulated Ex- ample of Uncle, the Late j. P., as Art Collector. John Pierpont Morgan Jr. (1867-1943) . John Pierpont Morgan, Sr. (1837 - 1913) - Genealogy - geni family tree These prompt payments to the banks destroyed in the fire established Aetna's reputation on Wall Street and allowed the firm to triple its premiums in later years. junius spencer morgan great grandchildren 05 Jun. We are featuring this profile in the Connection Finder this week. Linked to: Timothy Michael Dowling, 6th cousin 5x removed, {{ mediasCtrl.getTitle(media, true) }} [14], On May 15,[16] 1853, at the recommendation of James Beebe, Morgan visited the American banker George Peabody in London. J. Pierpont Morgan is arguably the most famous banker in American history, b. With U.S. gold reserves seriously depleted, Morgan formed a syndicate of international investors willing to supply gold in exchange for a favorable rate on 30-year bonds. J.P. Morgan - The Life and Deals of America's Banker: Insight and Analysis into the Founder of Modern Finance and the American Banking System (Business Biographies and Memoirs - Titans of Industry) [MacGregor, JR] on Amazon.com. Morgan & Co., House of Morgan) Born: 1813 Died: 1890 d. after carriage accident Gen. Pierpont Hamilton's Great-Grandfather. [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. Nous sommes tous 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. Husband of Juliet (Pierpont) Morgan married 2 May 1836 in Hartford, Hartford County, Connecticut. Thanks for your cooperation! [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. 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. He remained as a clerk for five years, gaining exposure to the banking industry, as well as a number of mercantile trades in Boston and New York. [49] Together, they had:[50][51], Morgan poured tremendous effort into his son and heir J. Pierpont. [31], Morgan became the active head of the firm in February 1859, with Peabody remaining the nominal senior partner. J. P. Morgan. The Dowling Family Tree with over half a million relatives, When Sarah Spencer Morgan was born on 5 December 1839, in Hartford, Hartford, Connecticut, United States, her father, Junius Spencer Morgan Sr., was 26 and her mother, Juliet Pierpont, was 23. We are all related! 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. archive.org [12], In fall 1850, Morgan arranged to go into business with James M. Beebe of Boston, a young merchant with a growing import business. Junius Spencer Morgan b. 1813 d. 1890 - Rodovid EN We strive for accuracy and fairness.If you see something that doesn't look right,contact us! He began his business career in 1829 by entering the employ of Alfred Welles of Boston. Save Page Now. Our editors will review what youve submitted and determine whether to revise the article. In April 1912 Morgan had a booking on the maiden voyage of White Stars Titanic but was forced to cancel, reportedly because of an illness. 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. 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 great grandchildren. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Also contains a letter from Junius Spencer Morgan to J. Pierpont Morgan 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. Following the death of Drexel that year, Pierpont again reorganized his company into J.P. Morgan & Co. 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. [39], Morgan was now the wealthiest American banker in London and moved into a Knightsbridge mansion facing the south side of Hyde Park. He passed away on 19 Oct 1960 in Simcoe, Norfolk, Ontario. Members of the family amassed an immense fortune over the generations, primarily through the noted work of John Pierpont (J. P.) Morgan (1837-1913). 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. walmart springfield, mo tire and lube hours . [65], On April 3, 1890, Morgan took an afternoon carriage ride through Monte Carlo. Biography and associated logos are trademarks of A+E Networksprotected in the US and other countries around the globe. In October 1858, Field's cable broke, delaying the project's completion another eight years until 1866. 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. He was of Hartford, Conn., but later associated with the Banking-house of Peabody & Morgan of London, England, where he resided many years. Morgan led a syndicated bond issue of 10,000,000, which the syndicate sold at 15 points below par. Full text of "Cynthiana democrat (The), 2014-10-16" Dowling Regardless, Morgan continued to exert his authority in both industries and in government. He returned to the United States in 1857, and entered the banking-firm of Duncan, Sherman and Co., of New York. -- PBS Online, 1999, {{ mediasCtrl.getTitle(media, true) }} Junius Spencer Morgan III was born on March 15, 1892, to Jane Norton Grew and Jack Morgan (1867-1943), who was a banker and the son of J. Pierpont Morgan (1837-1913), the renowned financier. Joseph personally bought the stakes of Aetna investors who hesitated to pay on the policies. THE DISAPPEARING DUCHESS - The New York Times The firm gave Morgan access to global markets, exporting and financing cotton and other goods shipped from Boston harbor. If so, login to add it. Their daughter, Mary Ethel Burns (d. 1961) married, Junius Spencer Morgan Jr (18461850), who died young. He was a devout Episcopalian. Juliet Pierpont Morgan (18471923), who was the mother of John Junius Morgan (d. 1952). junius spencer morgan great grandchildren - catip.org.pk 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. Spouses, children, grandchildren and great-grandchildren. [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. contient des milliers de photos et GeneaStars. The JP Morgan Island Estate! | Top Ten Real Estate Deals
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