Morgan was born on April 14, 1813, in Holyoke, Massachusetts to Joseph and Sarah Morgan. rootsweb: Click Here 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. 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. The firm gave Morgan access to global markets, exporting and financing cotton and other goods shipped from Boston harbor. J.P. Morgan Pedigree Chart | John Pierpont "J.P." Morgan | Ahnentafel -- PBS Online, 1999, {{ mediasCtrl.getTitle(media, true) }} 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. He attended Harvard University during the early-to-mid 1880s. He later attended high school in Boston, specializing in mathematics. 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. By the time of his death in 1890, the Morgan banks were dominant forces in government and railroad finance, and his was the pre-eminent American banking house. The immense scope of Morgan's power came to light in the wake of the Panic of 1893. All property prices are as stated by the listing agent. [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. J. S. Morgan began collecting as a student, and was early attracted to Virgil probably through the influence of Dean West. 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. He began his business career in 1829 by entering the employ of Alfred Welles of Boston. Early life. [33], In 1864, Morgan's ten-year agreement with Peabody expired. Junius Spencer Morgan - The Morgan Library & Museum 24530600 - Virtual International Authority File [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. [22] Built around a core of booming American railway securities, the firm established itself in several other markets, including the New York money market and government finance. Junius Morgan book. Though Peabody retired as promised, he denied Morgan the use of his name and capital. In 1836, he married John Pierpont Morgan's mother, Juliet. Family Members Junius Spencer Morgan III - Alchetron, the free social encyclopedia 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" Mother Sarah Sally Spencer Morgan. J.P. Morgan - Biography, Financier & Wealth - HISTORY All for $5.95M https://t.co/apeTdEMi21 pic.twitter.com/Ttwvmu2BTU. The Morgan Memorial served as a prototype for the Pierpont Morgan wing of the Metropolitan Museum of Art. 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. Connecticut to Junius Spencer Morgan (1813-1890) and Juliet Pierpont (1816-1884) of Boston, Massachusetts. [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. 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. stream The couple had five children: Junius, Henry, Jane, and Frances lived to adulthood, but Alice died of typhoid fever. Joseph Morgan (Grandfather of J. Pierpont Morgan) Biography This firm was reorganized as J.P. Morgan and Company in 1895, and, largely through Morgans ability, it became one of the most powerful banking houses in the world. Junius - Baby Name Meaning, Origin, and Popularity | Nameberry [7] Upon his death, his artwork collection was donated. WIKITREE PROTECTS MOST SENSITIVE INFORMATION BUT ONLY TO THE EXTENT STATED IN THE TERMS OF SERVICE AND PRIVACY POLICY. Brother of Archilles Morgan; Lucy Goodwin and Mary Morgan, http://en.wikipedia.org/wiki/Junius_Spencer_Morgan. Just one grandparent can lead you to many Junius Spencer Morgan - Alchetron, The Free Social Encyclopedia Morgan III. Morgan Genealogy: A History of James Morgan, of New London, Conn. He was interred at the family lot in Cedar Hill Cemetery in Hartford. We are featuring this profile in the Connection Finder this week. Pierpont, as he preferred to be known, had a varied education due in part to interference by his father, Junius. 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. *FREE* shipping on qualifying offers. Although he twice bailed out the U.S. Treasury, his ability to do so left many unsettled, spurring the creation of the Federal Reserve System in late 1913. Junius Spencer Morgans manor, named Salutation, is one of the few remaining estates still privately owned. Geni requires JavaScript! [31], Morgan became the active head of the firm in February 1859, with Peabody remaining the nominal senior partner. gnalogique Dowling avec plus d'un demi-million de parents, J.P. Morgan - Life, Family & Philanthropy - Biography Read reviews from world's largest community for readers. He received and A.B. from Harvard University in 1914. [15] [43] At the dinner, Morgan stated:[36], "never do anything to cause evil to be spoken of the American name. Beebe, Morgan and Co., became one of the largest dry-goods establishments in the United States. 1890 death: From grandparents to grandchildren Junius Spencer Morgan Events. 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. Quick access. Enter a grandparent's name. Cloudy and con- tii.upd cool Warren Temp.. Hig-h iO: Low 35. His paternal grandparents were Junius Spencer Morgan (1813-1890) [3] and Juliet Pierpont (1816-1884), the daughter of John Pierpont. John Pierpont Morgan (1837-1913) - WikiTree John Pierpont Morgan 1837-1913 Married in 1861, New York, NY, to Amelia . Nathaniel's son, Joseph Morgan, was the fifth of seven children. TH E W E A TH E R Snow or rain. Joseph Morgan handed to his son, besides fortune and the capacity for making more money, a genial disposition; he had the qualities of the old-time host in the hotel business, and his . Pierpont, as he preferred to be known, had a varied education, due in part to interference by his father, Junius. Wife/Partner: Juliet PIERPONT Children: John Pierpont MORGAN ; Mary Lyman (m. Walter Hayes Burns) All Rights Reserved. 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! [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. GREAT NEWS! About: Junius Spencer Morgan - dbpedia.org Just one grandparent can lead you to many 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. Have you taken a DNA test? junius spencer morgan junius spencer morgan. 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. Also contains a letter from Junius Spencer Morgan to J. Pierpont Morgan Railroad securities were further weakened by the Credit Mobilier scandal. 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. 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. J P Morgan. J.P. Morgan was known for reorganizing businesses to make them more profitable and stable and gaining control of them. Junius Spencer Morgan. The firm soon became a major player in the steel industry by financing the formation of Federal Steel in 1898. Spouses, children, grandchildren and great-grandchildren. Biography and associated logos are trademarks of A+E Networksprotected in the US and other countries around the globe. 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 . 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. Morgan, American family of financiers and philanthropists. GROUP. As a boy he became a dry-goods clerk in Boston; later he entered a brokerage house in New York City. Son of Joseph Morgan, III and Sarah "Sally" Morgan We may earn commission from links on this page, but we only recommend products we back. [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. In October 1861, Morgan married Amelia Sturges in Manhattan, New York. Their daughter, Mary Ethel Burns (d. 1961) married, Junius Spencer Morgan Jr (18461850), who died young. Pierpont also joined Drexel's Philadelphia firm and his Paris firm, giving the Morgans footholds in four cities. Funny to see that hes my 6th cousin as Im taking a work break from sending documents to JP Morgan Chase . Juliet Pierpont Morgan . Morgan was born on 17 April 1837 in Hartford, Connecticut. pigella miraculous ladybug power. Mary Lyman Morgan Burns 1844 - 1919. [12], In fall 1850, Morgan arranged to go into business with James M. Beebe of Boston, a young merchant with a growing import business. Originally granted by King George I to a private person in 1721 for 200 pounds, according to Ms. Devendorf, it was purchased in 1919 by Junius Spencer Morgan, whose grandfather J. P. Morgan Sr. founded the eponymous bank and dominated American corporate finance in the late 19th and early 20th centuries. Junius Spencer Morgan and his family lived on the island for decades. J. Pierpont Morgan is arguably the most famous banker in American history, b. [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. J. P. Morgan was born in Hartford, Connecticut to Junius Spencer Morgan (1813-1890) and Juliet Pierpont (1816-1884) of Boston, Massachusetts. Along with amassing immense wealth through the creation of such corporations as U.S. Steel, Morgan led efforts to bail out the U.S. Treasury in 1895 and 1907. Joseph Morgan made a fortune from his holdings. The most expensive listing in the U.S. is a West Coast home asking $350 million. Lucy was the mother of James J. Goodwin and the Rev. Spencer was on the show to talk about his new Disney+ documentary, Finding Michael, released on Friday. The assistant librarian was Junius Spencer Morgan, nephew of wealthy financier J. P. Morgan. J.P. Morgan cofounded (1871) the banking company Drexel, Morgan and Company. In 1836, he married John Pierpont Morgan's mother, Juliet. [44] By the 1880s, Junius's health began to fade, and he stepped back from day-to-day business. [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. All charts include source citations for ancestors in the charts. Linked to: Timothy Michael Dowling, 7th cousin 4x removed Junius Origin and Meaning The name Junius is boy's name of Latin origin meaning "born in June". 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. 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. [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. Son of Joseph Morgan III and Sally (Spencer) Morgan. 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. The . Junius Spencer Morgan (1813 - 1890) - Genealogy - geni family tree Morton. Linked to: Timothy Michael Dowling, 6th cousin 5x removed, {{ mediasCtrl.getTitle(media, true) }} A sickly child who suffered seizures and other mysterious ailments, Pierpont, as he was known, spent long periods sheltered at home. Sorry! 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. 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 mother, he was a first cousin to Henry Grew Crosby (1898-1929). 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. Ms. Devendorf declined to confirm Ms. Walker as the owner of the property. Junius Spencer Morgan was an incredibly successful banker and financier, as he founded the bank J.S. gnalogique Dowling avec plus d'un demi-million de parents, 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 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. [4] In 1880, he and his family were living in New York City. After college, Junius Morgan worked as a New York banker, retiring from the field as a partner in the firm of Cuyler, Morgan & Co. in 1906. He received an A.B. Updates? Get a Britannica Premium subscription and gain access to exclusive content. He is buried in Cedar Hill Cemetery, Hartford, Connecticut. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. [19], Upon Morgan's arrival in London in 1854, Peabody & Co. was immediately in a position of strength as a leading dealer in American securities in the city; American grain, cotton, and railroad values soared during and after the Crimean War. %PDF-1.3 The House of Morgan: An American Banking Dynasty and th We are all related! "If you have to ask how much it costs, you can't afford it." 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 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. Morgan and his partners actively promoted great mergers after 1922 and controlled . Upon his father's death, he inherited part of Chicopee Field. He also financed industrial consolidations that formed General Electric, U.S. Steel, and International Harvester. Junius Spencer Morgan (April 14, 1813 April 8, 1890) was an American banker and financier, born at West Springfield (now Holyoke), Massachusetts, USA. The Beast with the Seven Heads and the Beast with Lamb's Horns [39], Morgan was now the wealthiest American banker in London and moved into a Knightsbridge mansion facing the south side of Hyde Park. Belle da Costa Greene (1883-1950) - BlackPast.org WIKITREE PROTECTS MOST SENSITIVE INFORMATION BUT ONLY TO THE EXTENT STATED IN THE TERMS OF SERVICE AND PRIVACY POLICY. junius spencer morgan junius spencer morgan - bobesich.ca In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. great grandfather. The compound offers an impressive range of properties, including an entire 48-acre island with six distinctive residences, a 10-acre adjacent strip with underwater rights, a 28-acre pond, a 250-foot dock and two helicopter spots, according to Bonnie Devendorf, listing agent at Daniel Gale Sothebys International Realty. He married in 1836 Juliet, daughter of John Pierpont, the poet (q. Junius Spencer Morgan : Family tree by Tim DOWLING (tdowling) - Geneanet In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. [35], Still, Morgan was ambitious to place his bank on par with the Rothschilds and Barings Bank. Anonymous @ 2011-12-25 19:59:00 . 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. MORGAN. Career He began his business career in 1829 by entering the employ of Alfred Welles of Boston. Records: 4,977. John Pierpont Morgan was an American financier and investment banker during the Gilded Age. We know it's short notice, so don't fret too much. from Harvard University in 1914. You can't pick cherries with your back to the tree. Descendants. This page has been accessed 12,698 times. [1] Career Through his mother, he was a first cousin to Henry Grew Crosby (1898-1929). the tall man aboriginal spirit; metadata api request failed: component conversion failed: file_ended; caleb foote sandlot Morgan & Co., House of Morgan) Born: 1813 Died: 1890 d. after carriage accident Gen. Pierpont Hamilton's Great-Grandfather. In 1854, Junius Morgan moved the family to London to begin his new career as a partner in the banking firm of George Peabody & Co. Pierpont was sent to the Institute Sillig in Switzerland, where he became fluent in French and displayed an aptitude for mathematics, and then to Gttingen University in Germany. 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#. 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. << /Length 6 0 R /Filter /FlateDecode >> Let us know if you have suggestions to improve this article (requires login). 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. [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. Father of John Pierpont Morgan, Sr.; Sarah Spencer Morgan; Mary Lyman Burns; Junius Spencer Morgan and Juliet Morgan "Go as far as you can see; when you get there, you'll be able to see farther. Posted at 16:45h in logan sargeant family by nerf gun obstacle course rental near me. L'arbre The outdoor landscaping was overseen by Frederick Law Olmsted, the celebrated landscape architect responsible for Central Park, according to Ms. Devendorf. Junius Spencer Morgan III Wikipedia Republished // WIKI 2 He brought in other major . In accordance with the legal provisions, you can ask for the removal of your name and the name of your minor children. 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. Pedigree: Junius Spencer MORGAN Patriarch of the Morgan family of millionaires: Junius Spencer Morgan: Business: 14-Apr-1813: 8-Apr-1890: J. S. Morgan and Company: Do you know something we don't? contient des milliers de photos et GeneaStars. Morgan family - Wikipedia Birth 14 April 1813 - West Springfield, Massachusetts. After the Civil War broke out, Morgan traded Union war bonds at a tremendous profit. lis! Dowling Junius Spencer Morgan, 1813-90, b. In 1864, at the urging of his father, he paired with senior partner Charles Dabney to form Dabney, Morgan & Co. With Junius Morgan now heading the London banking firm, the Morgans continued to expand their wealth and influence by funneling overseas investments into American businesses. Deceased persons are not concerned by this provision. Satterlee, Louisa Morgan 1866-1946 [WorldCat Identities] This page was last edited on 25 February 2023, at 17:50. 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. Junius Spencer Morgan 1846 - 1858. When healthy, he frequented galleries and concerts with his parents, sparking a lifelong fascination with the arts.