junius spencer morgan great grandchildren

He was of Hartford, Conn., but later associated with the Banking-house of Peabody & Morgan of London, England, where he resided many years. The assistant librarian was Junius Spencer Morgan, nephew of wealthy financier J. P. Morgan. Categories: Cedar Hill Cemetery, Hartford, Connecticut | Financiers | RMS Titanic | Titanic's Just-Missed-It Club | White Star Line | Featured Connections | United States of America, Notables | Notables, WIKITREE HOME | ABOUT | G2G FORUM | HELP | SEARCH. rootsweb: Click Here There are no volunteers for this cemetery. 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. We are all related! Thanks for your cooperation! arwiki . Kindle $10.99 Rate this book The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance Ron Chernow 3.94 10,223 ratings515 reviews The winner of the National Book Award and now considered a classic, The House of Morgan is the most ambitious history ever written about an American banking dynasty. The Morgan name is traced to Carmarthen , Wales, and the first known Morgan family ancestral is Hyfaidd ap Bleddri, third son of Bledri of Wales. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. Brother of Mary (Morgan) Smith and Lucy (Morgan) Goodwin. West Springfield, Mass., prospered at investment banking. I don't want a lawyer who tells me what I can't do. Morgan's astounding success transformed the financial industry and left behind a powerful legacy. The Morgan Mansion was built in 1897 by Junius Spencer Morgan and Josephine Perry Morgan. Pierpont also joined Drexel's Philadelphia firm and his Paris firm, giving the Morgans footholds in four cities. With his son's aid, Morgan grew his banking house into a trans-Atlantic . Geni requires JavaScript! The carriage hit a pile of stone and Morgan was thrown against the wall. 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. By estimates, there were about 150 lavish estates built during that time, the majority of which have been turned into hotels and residential compounds. Three years later he began financing a series of giant industrial consolidations that were to reshape the corporate structure of the American manufacturing sector. 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. Morgan Family. When his horses bolted at an oncoming train, Morgan stood to see if his driver could steady the horses. The most expensive listing in the U.S. is a West Coast home asking $350 million. All property prices are as stated by the listing agent. He married Emma Louise Converse on 16 June 1915, in Saint Pauls Episcopal Church, Millis, Norfolk, Massachusetts, United States. [6], During the Panic of 1837, Morgan traveled the South in an effort to collect the firm's debts, in specie if possible but often in payments of cotton. WARREN TIMES-MIRROR The Only Paper in Many Hom es Th One Paper in Most Honnes (>0()l> E \ ENTNG Hincp .scientists are so good at digging up things, we suggest tliey turn their efforti- to more ration points. 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. Morgan set sail on an overseas voyage after the hearings, but his health steadily declined, and he died at a hotel in Rome, Italy, on March 31, 1913. Articles from Britannica Encyclopedias for elementary and high school students. 1981.2:2 . The Dowling Family Tree with over half a million relatives, 1890 death: From grandparents to grandchildren They were the . All for $5.95M https://t.co/apeTdEMi21 pic.twitter.com/Ttwvmu2BTU. Mountain Landscape with Bridge over Waterfall. [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. Our editors will review what youve submitted and determine whether to revise the article. [18] During this period, Morgan first met Francis M. Drexel, founder of Drexel & Company, one of Philadelphia's leading banks. Through his New York social circle, Morgan grew close to Amelia "Memie" Sturges, the daughter of a successful merchant. Nous sommes tous Leave a message for others who see this profile. While every effort has been made to follow citation style rules, there may be some discrepancies. Letter from her son, J.P. Morgan, Jr., dated Oct. 1891 describes the family's new yacht, Corsair. He contributed money to Trinity College, Hartford. 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. Corrections? Miles Morgan, ancestor to the Morgan family in America, emigrated from Bristol, England to Boston in 1636. All charts include source citations for ancestors in the charts. Morgan's Death. Working with his son John Pierpont in New York, Morgan was able to receive news of the fall of Vicksburg via telegraph before it became general knowledge in London, buying up Union bonds before their prices rose. He is buried in Cedar Hill Cemetery, Hartford, Connecticut. [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. Underscoring his influence in the industry, Morgan in 1885 arranged a meeting with the feuding directors of the New York Central and Pennsylvania Railroad aboard his yacht, the Corsair. [46], Morgan was, like his son, intensely private. He attended Harvard University during the early-to-mid 1880s. 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. [6], In April 1833, Alfred Welles offered Morgan a partnership in his firm; he accepted against his father's wishes. 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. [39], Morgan was now the wealthiest American banker in London and moved into a Knightsbridge mansion facing the south side of Hyde Park. Also contains a letter from Junius Spencer Morgan to J. Pierpont Morgan Morgan was born on April 14, 1813, in Holyoke, Massachusetts to Joseph and Sarah Morgan. 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. L'arbre JP Morgan Jr.'s son Henry co-founded the Morgan Stanley financial corporation with Harold Stanley. Have you taken a DNA test? He then looked to the financial and insurance industries, in which his banking firm also achieved a concentration of control. 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. He founded J. S. Morgan & Co. When healthy, he frequented galleries and concerts with his parents, sparking a lifelong fascination with the arts. Save Page Now. For the optimum Mansion Global experience, please turn off any ad blockers and refresh this page. In 1907, Morgan again was called to aid the U.S. government in the grips of economic panic. Initially a smart but indifferent student, he began showing improved grades by the time he attended English High School in Boston. [70], Last edited on 25 February 2023, at 17:50, Connecticut Mutual Life Insurance Company, "J.S. "Go as far as you can see; when you get there, you'll be able to see farther. [49] Together, they had:[50][51], Morgan poured tremendous effort into his son and heir J. Pierpont. He later attended high school in Boston, specializing in mathematics. 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. After a year, he transferred to a private academy in East Windsor, Connecticut and spent summers working on his father's farm or assisting at his father's business office in Hartford. 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. She married George Hale Morgan on 27 June 1866, in Connecticut, United States. Ancestral pedigree chart of J.P. Morgan. Brother of Archilles Morgan; Lucy Goodwin and Mary Morgan, http://en.wikipedia.org/wiki/Junius_Spencer_Morgan. Their daughter, Mary Ethel Burns (d. 1961) married, Junius Spencer Morgan Jr (18461850), who died young. Posted at 16:45h in logan sargeant family by nerf gun obstacle course rental near me. 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. Wikipedia (8 entries) edit. Junius Spencer Morgan, 1813-90, b. 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. 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. Junius Spencer Morgan was an incredibly successful banker and financier, as he founded the bank J.S. [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. Sarah Spencer Morgan (1893-1949), married Henry B. Gardner (1891-1932) in 1913. [4] [5] Career. 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. During his residence in Hartford, Mr. Morgan was active in the affairs of the Protestant Episcopal church, and also in various charitable enterprises. Shares the stories you may have missed from the world of luxury real estate. 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. 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. A man I do not trust could not get money from me on all the bonds in Christendom. 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. Harriet Nickerson , William Lord, Alice Anna GAYLORD , Richard TREAT, Blanche de BRIENNE , Guillaume de FIENNES, Elizabeth x , Nathan Lynde. [7][6] He remained at the firm until his father's death in 1847. Upon his father's death, he inherited part of Chicopee Field. 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 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. He was named after his maternal grandfather, and much like his Uncle Pierpont, he was a great collector. [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. If not, see our friends at Ancestry DNA. He died on Monday, March 31, 1913 in Rome, Italy while attending a yacht racing event. Signup for our newsletter to get notified about our next ride. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. [1], As was typical for aspiring businessmen of the time, Junius did not enroll in college, but was apprenticed to Alfred Welles, a Boston merchant banker, in 1829. 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. Pierpont, as he preferred to be known, had a varied education due in part to interference by his father, Junius. Father Joseph Morgan (Spencer) II. Mary Lyman Morgan Burns 1844 - 1919. Samuel Spencer (1670 - 1756), my sixth great grandfather, and Morgan's third great grandfather. 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. Biography and associated logos are trademarks of A+E Networksprotected in the US and other countries around the globe. In that same year he organized, with less subsequent success, the International Mercantile Marine (IMM), an amalgamation of a majority of the transatlantic shipping lines, notably including White Star. Continuing with this request will add an alert to the cemetery page and any new volunteers will . John Pierpont Morgan 1837-1913 Married in 1861, New York, NY, to Amelia . [65], On April 3, 1890, Morgan took an afternoon carriage ride through Monte Carlo. 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. Northern Securities held the majority of shares in the Northern Pacific, the Great Northern and the CB&Q railroads, giving Morgan control of approximately one-third of the country's railways. 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 Born on December 3, 1702, Joseph began to learn to weave at a young age. 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. Deceased persons are not concerned by this provision. Born 14 Apr 1813 in Hartford, Hartford, Connecticut, United States. Please try again. He returned to the United States in 1857, and entered the banking-firm of Duncan, Sherman and Co., of New York. Login to find your connection. 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. Morgan successfully led the American financial communitys attempt to avert a general financial collapse following the stock market panic of 1907. 1844 d. 1919. Together they had three children: Sarah Spencer Morgan, Alexander Perry Morgan and Lucrutia Morgan who died at birth. From about 1836 to 1853, he was in the dry-goods business. 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. [13], By February 1851, Morgan sold his stake in Howe & Mather for $600,000 and moved to Boston's Pemberton Square. A sprawling 85-acre compound on the North Shore of Long Island, New York, is hitting the market for $125 million Wednesday, Mansion Global has learned. 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. Husband of Juliet Morgan 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 . 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. GROUP. John Pierpont Morgan was born in the spring of 1837 to Junius Spencer Morgan and Juliet Pierpont. ", 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. [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. contains thousands of pictures and GeneaStars. If so, login to add it. The . Contents Early life Career Personal life References Early life Morgan was born on April 14, 1813 in Holyoke, Massachusetts. Wife/Partner: Juliet PIERPONT Children: John Pierpont MORGAN ; Mary Lyman (m. Walter Hayes Burns) The iron business had drawn the firm into greater involvement in financing American railway construction, including as the initial offeror of bonds for the Ohio and Mississippi Rail Road Company in 1853. [68][69] At the Connecticut State Capitol, flags were flown at half-mast in mourning. Their relationship, though separated by an ocean and wildly divergent personalities, was close. Juliet Pierpont Morgan (18471923), who was the mother of John Junius Morgan (d. 1952). Though Peabody retired as promised, he denied Morgan the use of his name and capital. It was this fortune which eventually placed J.P. Morgan's father, Junius Spencer Morgan, in the banking business. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General . Linked to: Timothy Michael Dowling, 7th cousin 4x removed Hearst Magazine Media, Inc. Site contains certain content that is owned A&E Television Networks, LLC. Born in New York City, New York, USA on 15 MAR 1892 to John Pierpont "Jack" Morgan and Jane Norton Grew. J.P. Morgan was known for reorganizing businesses to make them more profitable and stable and gaining control of them. 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 We strive for accuracy and fairness.If you see something that doesn't look right,contact us! The TV star, who was aged just 10 when it happened, retold Alex Jones and Roman Kemp about . Junius Spencer Morgan (American) The Metropolitan Museum of Art. 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. In 1870, after the Battle of Sedan and the establishment of a provisional French Third Republic in Tours, Barings and Rothschilds were unwilling to establish a line of credit for the new government. 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. [4] In 1880, he and his family were living in New York City. He suffered a broken wrist and concussion and was unconscious for five days until his death on April 8, 1890. He received and A.B. ; The Result Of The Banker's Recent Accident At Monte Carlo", "Mrs. Morgan's Funeral. Username and password are case sensitive. [45], Morgan was "tall with sloping shoulders" and a thickening midriff, a wide face, light blue eyes, a prominent nose, and a firm mouth. At the age of 21, he became a soldier in the company of Captain Josiah Kellogg of Suffield. Morgan's life and career took another turn after the death of his father in 1890. J P Morgan. 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. walmart springfield, mo tire and lube hours . [62], Like his father, Morgan was a strong supporter of the Whig Party. 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. 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 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. This page has been accessed 12,698 times. He was interred at the family lot in Cedar Hill Cemetery in Hartford. great grandfather. junius spencer morgan great grandchildren 05 Jun. Morgan & Co. Morgan sought to prop up the price by purchasing as many bonds as he could. He also financed industrial consolidations that formed General Electric, U.S. Steel, and International Harvester. 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. In time Junius allowed friends to build on the island. There is 1 volunteer for this cemetery. J.P. Morgan - The Life and Deals of America's Banker: Insight and Analysis into the Founder of Modern Finance and the American . Morgan, American family of financiers and philanthropists. At Princeton University, she came to the attention of Junius Spencer Morgan II, a student at Princeton University and a nephew of John Pierpont Morgan. Through his mother, he was a first cousin to Henry Grew Crosby (1898-1929). 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. 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. "The Print in the North," May 6 . "[48], In 1836, Morgan married Juliet Pierpont (18161884), daughter of John Pierpont (17851866), a poet, lawyer, merchant, and Unitarian minister.

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