[42], In 1877, Morgan began a semiretirement, cutting back on his schedule and ceding greater authority to his son. 1981.2:2 . . His paternal grandparents were Junius Spencer Morgan (1813-1890) [3] and Juliet Pierpont (1816-1884), the daughter of John Pierpont. 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. Regardless, Morgan continued to exert his authority in both industries and in government. Save Page Now. He was a devout Episcopalian. Your Privacy Choices: Opt Out of Sale/Targeted Ads, Name: John Pierpont Morgan, Birth Year: 1837, Birth date: April 17, 1837, Birth State: Connecticut, Birth City: Hartford, Birth Country: United States. GREAT NEWS! The Morgan Memorial served as a prototype for the Pierpont Morgan wing of the Metropolitan Museum of Art. CONTENT MAY BE COPYRIGHTED BY WIKITREE COMMUNITY MEMBERS. [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. 1785-1866 & Mary Sheldon Lord 1787-1855) with. After all-night negotiations went nowhere, Morgan ended the stalemate by drawing up a bailout contract and ordering the exhausted presidents to sign. Sunrise 7:55. gnalogique Dowling avec plus d'un demi-million de parents, In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Wikipedia (8 entries) edit. Morgan demurred but eventually accepted, joining the firm as junior partner in October 1854. Morton. The compound is being offered as a whole, meaning no individual houses are available for sale separately. In 1836, he married John Pierpont Morgan's mother, Juliet. Miles Morgan]], ancestor to the Morgan family in America, emigrated from Bristol, England to Boston in 1636. [45], Morgan was "tall with sloping shoulders" and a thickening midriff, a wide face, light blue eyes, a prominent nose, and a firm mouth. His ornate library was built to house most of his works, which, thanks to the efforts of Jack Morgan, was unveiled to the public in the 1920s with the opening of the Morgan Library & Museum. Geneastars | Facebook. 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. Dowling You can't pick cherries with your back to the tree. A sickly child who suffered seizures and other mysterious ailments, Pierpont, as he was known, spent long periods sheltered at home. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. 5 0 obj Devastated, the young businessman returned to New York and plunged himself into his work. 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. junius spencer morgan great grandchildren. Birth 14 April 1813 - West Springfield, Massachusetts. ", Hartford, Hartford, Connecticut, United States, (datadoctor, removed unused span anchors), https://en.wikipedia.org/w/index.php?title=J._P._Morgan&oldid=1125408302, https://familysearch.org/ark:/61903/1:1:F7QQ-29K, https://familysearch.org/ark:/61903/1:1:248M-R83, https://familysearch.org/ark:/61903/1:1:F7NY-S4N, https://familysearch.org/ark:/61903/1:1:QVJ1-BR14, https://familysearch.org/ark:/61903/1:1:QVSF-N7CT, U.S. and International Marriage Records, 1560-1900. 100 1 _ a Morgan, Junius Spencer, d 1892-1960 4xx's: Alternate Name Forms (3) 400 0 _ a Junius Spencer Morgan III c American banker (1892-1960) 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. J. S. Morgan began collecting as a student, and was early attracted to Virgil probably through the influence of Dean West. He took on a prominent role in London society, hosting many social gatherings at his homes on Hyde Park and at Roehampton.[32][33]. 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. [10] [14] During the Great Depression he took heavy financial losses. He began his career in 1857 as an accountant with the New York banking firm of Duncan, Sherman and Company, which was the American representative of the London firm George Peabody and Company. % Sitelinks. [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. West Springfield, Mass., prospered at investment banking. Nous sommes tous Harriet Nickerson , William Lord, Alice Anna GAYLORD , Richard TREAT, Blanche de BRIENNE , Guillaume de FIENNES, Elizabeth x , Nathan Lynde. [40], In 1873, Morgans American presence dramatically increased after the failure of Jay Cookes banking empire. Geni requires JavaScript! J. Pierpont Morgan is arguably the most famous banker in American history, b. On November 8, a dinner was hosted in his honor at Delmonico's, with Samuel Tilden, John Jacob Astor, and Theodore Roosevelt Sr. among the guests. 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. 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. "Go as far as you can see; when you get there, you'll be able to see farther. He then acquired control of many leading financial and insurance companies. The assets of the House of Morgan fell 40% from $704 million to $425 million. Morgan pulled off the massive transaction without driving down the share price, and in return he secured a seat on the New York Central board of directors. He brought in other major . He returned to the United States in 1857, and entered the banking-firm of Duncan, Sherman and Co., of New York. The map below shows the places where the ancestors of the famous person lived. To commemorate his passing, the New York Stock Exchange remained closed until noon on the day of his funeral. walmart springfield, mo tire and lube hours . Morgan successfully led the American financial communitys attempt to avert a general financial collapse following the stock market panic of 1907. Junius Spencer Morgan. 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. Deceased persons are not concerned by this provision. The most expensive listing in the U.S. is a West Coast home asking $350 million. We know it's short notice, so don't fret too much. He received an A.B. 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. He started his own private banking company and bought railroads, becoming one of the world's largest steel distributors. 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. Family Members [60], He contributed money to the Hartford Free Library,[61] his church and to Trinity College, Hartford. This page has been accessed 12,698 times. Through his New York social circle, Morgan grew close to Amelia "Memie" Sturges, the daughter of a successful merchant. In 1845, his father invested an additional $25,000 in the firm on Junius's behalf. The current owner, Margo Walker, a socialite and real estate broker, gradually bought up all the houses over the years, according to Bloomberg, which first reported that the compound would be put up for sale. However, he soon encountered resistance from President Theodore Roosevelt, who sought to leverage the populist tide against the wealthy "robber barons" of Wall Street. Junius Spencer Morgan (1867-1932), Class of 1888, and A.M. 1896, was a nephew of the celebrated John Pierpont Morgan, the great financier. 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. With his son's aid, Morgan grew his banking house into a trans-Atlantic . He is buried in Cedar Hill Cemetery, Hartford, Connecticut. ; His Body Will Be Interred In Cedar Hill Cemetery, Hartford", https://en.wikipedia.org/w/index.php?title=Junius_Spencer_Morgan&oldid=1141561297, Sarah Spencer Morgan (18391896), who married George Hale Morgan (18401911), Mary Lyman Morgan (18441919), who married Walter Hayes Burns (18381897). Descendants. Have you taken a DNA test? Within a year, the business struggled sufficiently that Joseph Morgan had to bail his son out and dissolve the partnership. Upon his father's death, he inherited part of Chicopee Field. from Harvard University in 1914. WIKITREE PROTECTS MOST SENSITIVE INFORMATION BUT ONLY TO THE EXTENT STATED IN THE TERMS OF SERVICE AND PRIVACY POLICY. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. [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. [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. In accordance with the legal provisions, you can ask for the removal of your name and the name of your minor children. In time Junius allowed friends to build on the island. 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. Just one grandparent can lead you to many . 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. The assistant librarian was Junius Spencer Morgan, nephew of wealthy financier J. P. Morgan. Morgan III. Meanwhile, Pierpont struck up a new romance with Frances Louisa "Fanny" Tracy, the daughter of a New York lawyer. He later attended high school in Boston, specializing in mathematics. The executives eventually agreed to terms in what became known as the Corsair Compact. Deceased persons are not concerned by this provision. discoveries. [7][6] He remained at the firm until his father's death in 1847. Please refer to the appropriate style manual or other sources if you have any questions. 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. By the early 1900s, Morgan was the main force behind the Trusts, controlling virtually all the basic American industries. He was interred at the family lot in Cedar Hill Cemetery in Hartford. In semi-retirement by the time the crisis was resolved, Morgan devoted much of his energy to his art collection and philanthropy. Morgan Family. Gatsby-esque Mansion on Long Island Gets $15M Chopped Off its $100M Asking Price, New York Remains the Worlds Top Super-Luxury Property Market, New York Developer Pockets $11.6 Million After SellingHisBillionaires Row Condo for 52% Gain, A One-Bedroom Inside a Mid-Century Modern Manhattan Landmark. Have you taken a DNA test? We are featuring this profile in the Connection Finder this week. J. P. Morgan. John Pierpont Morgan was an American financier and investment banker during the Gilded Age. John Pierpont Morgan 1837-1913 Married in 1861, New York, NY, to Amelia . 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. However, despite Morgan's best efforts to nurse his bride back to health, she passed away in February 1862. [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. [5] He made a fortune with Aetna in 1835, when Aetna covered Wall Street firms destroyed in the Great Fire of New York. Pierpont, as he preferred to be . Continuing with this request will add an alert to the cemetery page and any new volunteers will . -- PBS Online, 1999, {{ mediasCtrl.getTitle(media, true) }} [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. contains thousands of pictures and GeneaStars. Our editors will review what youve submitted and determine whether to revise the article. 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. 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. Junius Spencer Morgan (April 14, 1813 April 8, 1890) was an American banker and financier, born at West Springfield (now Holyoke), Massachusetts, USA. 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. In 1902 Morgan brought together several of the leading agricultural-equipment manufacturers to form the International Harvester Company. Posted at 16:45h in logan sargeant family by nerf gun obstacle course rental near me. junius spencer morgan junius 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. A protracted legal battle was settled when the Supreme Court ruled in favor of the government in 1904. Wife/Partner: Juliet PIERPONT Children: John Pierpont MORGAN ; Mary Lyman (m. Walter Hayes Burns) He attended Harvard University during the early-to-mid 1880s. pigella miraculous ladybug power. Junius Spencer Morgan I (14 Apr 1813 - 8 Apr 1890) 0 references . There is a "921 PPP Without Project Account and without ProjectBox" error that needs corrected. IMPORTANT PRIVACY NOTICE & DISCLAIMER: YOU HAVE A RESPONSIBILITY TO USE CAUTION WHEN DISTRIBUTING PRIVATE INFORMATION. He is buried in Cedar Hill Cemetery in Hartford, Connecticut.[8][9]. Although both Junius Spencer Morgan and his son, J. P., were indeed great art collectors, their 25-year obsession with acquiring the Thomas Gainsborough portrait of the former Georgiana Spencer . 1902. [18] During this period, Morgan first met Francis M. Drexel, founder of Drexel & Company, one of Philadelphia's leading banks. Letter from her son, J.P. Morgan, Jr., dated Oct. 1891 describes the family's new yacht, Corsair. << /Length 6 0 R /Filter /FlateDecode >> 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. 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. WIKITREE PROTECTS MOST SENSITIVE INFORMATION BUT ONLY TO THE EXTENT STATED IN THE TERMS OF SERVICE AND PRIVACY POLICY. Joseph personally bought the stakes of Aetna investors who hesitated to pay on the policies. 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. Just one grandparent can lead you to many Railroad securities were further weakened by the Credit Mobilier scandal. [63] Morgan was a close friend of the Whig politician and diplomat Abbott Lawrence. 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. In 1902, the Justice Department charged Northern Securities with violating the Sherman Antitrust Act of 1890.