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. Under her ownership, the main manor was used as the setting for the remake of movie "Sabrina," a romantic comedy starring Harrison Ford and Julia Ormond. Inscription: Signed in pen and black ink, at lower right, "Junius March 10 / 1902". More:Gatsby-esque Mansion on Long Island Gets $15M Chopped Off its $100M Asking Price. 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. 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. Junius - Baby Name Meaning, Origin, and Popularity | Nameberry [43] At the dinner, Morgan stated:[36], "never do anything to cause evil to be spoken of the American name. L'arbre Morgan's Death. He then looked to the financial and insurance industries, in which his banking firm also achieved a concentration of control. Junius is one of those names that's growing on us, along with many of its Roman countrymen such as Julius and Atticus. The most expensive listing in the U.S. is a West Coast home asking $350 million. 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. Funny to see that hes my 6th cousin as Im taking a work break from sending documents to JP Morgan Chase . Banker J. P. Morgan Born - This Month in Business History - Research Through his mother, he was a first cousin to Henry Grew Crosby (1898-1929). PDF Descendants of John Pierpont Morgan - D.A. Sharpe 1844 d. 1919. Junius Spencer Morgan and his family lived on the island for decades. There is 1 volunteer for this cemetery. Morgan demurred but eventually accepted, joining the firm as junior partner in October 1854. The yearly tax for the property is about $570,000. 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. Morgan Family - NNDB Junius S. Morgan III, U.S.N., of 'Salutation' Glen Cove, Long Island, N.Y. zoom_in 2 images. [66], At his death, he left a fortune of $12,400,000 (equivalent to $370,000,000 today). 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. Junius Spencer Morgan - Wikiwand Upon his father's death, he inherited part of Chicopee Field. He helped to achieve railroad rate stability and discouraged overly chaotic competition in the East. When his horses bolted at an oncoming train, Morgan stood to see if his driver could steady the horses. Login to find your connection. Family Members Harriet Nickerson , William Lord, Alice Anna GAYLORD , Richard TREAT, Blanche de BRIENNE , Guillaume de FIENNES, Elizabeth x , Nathan Lynde. It was not really a question of price. Continuing with this request will add an alert to the cemetery page and any new volunteers will . % Within a year, the business struggled sufficiently that Joseph Morgan had to bail his son out and dissolve the partnership. Junius Spencer Morgan I (14 Apr 1813 - 8 Apr 1890) 0 references . 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! 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. Mary Lyman Morgan Burns 1844 - 1919. 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. Anonymous @ 2011-12-25 19:59:00 . in Rome, Italy, This form allows you to report an error or to submit additional information about this family tree: J. P. MORGAN (1837), Copyright Wikipdia authors - This article is under licence CC BY-SA 3.0. 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. Posted at 21:44h in bonobos walmart acquisition by mexico city time change. TH E W E A TH E R Snow or rain. Junius Spencer Morgan was born on April 14, 1813 in Holyoke, Massachusetts. He began his business career in 1829 by entering the employ of Alfred Welles of Boston. J. P. Morgan Biography - Childhood, Life Achievements & Timeline 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. 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. His book collection and the building that housed them in New York City became a public reference library in 1924. Members of the family amassed an immense fortune over the generations, primarily through the noted work of John Pierpont (J. P.) Morgan (1837-1913). He passed away on 19 Oct 1960 in Simcoe, Norfolk, Ontario. junius spencer morgan great grandchildren 5 0 obj Junius Spencer Morgan. 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. Junius Spencer Morgan - Alchetron, The Free Social Encyclopedia contains thousands of pictures and GeneaStars. Connecticut to Junius Spencer Morgan (1813-1890) and Juliet Pierpont (1816-1884) of Boston, Massachusetts. [20][21] Morgan was placed in charge of much of the firm's iron portfolio, which included the marketing of railroad bonds in both New York and London. 2008 - 2023 INTERESTING.COM, INC. DISCLAIMER: The currency conversion is provided for illustration purposes only. 3I. It became J.P. Morgan and Company in 1895 and is now JPMorgan Chase & Co. Major children and living persons must directly contact the. 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. [17], Morgan's initial task was to strengthen and develop the firm's principal American accounts, using his first-hand knowledge of and connections to American business which Peabody, who had moved to London in 1836, lacked. 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. The Beast with the Seven Heads and the Beast with Lamb's Horns 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 Spencer Morgan (April 14, 1813 April 8, 1890) was an American banker and financier, born at West Springfield (now Holyoke), Massachusetts, USA. Also contains a letter from Junius Spencer Morgan to J. Pierpont Morgan He spent winters at the Villa Henriette in Monte Carlo. He attended Harvard University during the early-to-mid 1880s. During 186471 he was a member of the firm of Dabney, Morgan and Company, and in 1871 he became a partner in the New York City firm of Drexel, Morgan and Company, which soon became the predominant source of U.S. government financing. [45], Morgan was "tall with sloping shoulders" and a thickening midriff, a wide face, light blue eyes, a prominent nose, and a firm mouth. The firm soon became a major player in the steel industry by financing the formation of Federal Steel in 1898. Morgan was born on 17 April 1837 in Hartford, Connecticut. father: Junius Spencer Morgan mother: Juliet Pierpont children: Anne Morgan, J. P. Morgan Jr., Juliet Pierpont Morgan, Louisa Pierpont Morgan Born Country: United States Bankers American Men Died on: March 31, 1913 place of death: The St. Regis Rome, Rome, Italy U.S. State: Connecticut City: Hartford, Connecticut ; The Result Of The Banker's Recent Accident At Monte Carlo", "Mrs. Morgan's Funeral. 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. 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. Junius Spencer Morgan, III won (41%) against 2 opponents. 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. To commemorate his passing, the New York Stock Exchange remained closed until noon on the day of his funeral. 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. contient des milliers de photos et GeneaStars. discoveries. WIKITREE PROTECTS MOST SENSITIVE INFORMATION BUT ONLY TO THE EXTENT STATED IN THE TERMS OF SERVICE AND PRIVACY POLICY. Morgan's life and career took another turn after the death of his father in 1890. 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. 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. 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 semi-retirement by the time the crisis was resolved, Morgan devoted much of his energy to his art collection and philanthropy. John Pierpont Morgan was born into a prominent New England family on April 17, 1837, in Hartford, Connecticut. archive.org He took on a prominent role in London society, hosting many social gatherings at his homes on Hyde Park and at Roehampton.[32][33]. 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.