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"John Pierpont Morgan was an American financier, banker, philanthropist, and art collector . We are all related! I hire a lawyer to tell me how I can do what I want to do! 1844 d. 1919. Dowling [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. 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. [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. 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. Peabody also forced unfavorable terms on Morgan's lease of the bank's 22 Old Broad Street offices. WIKITREE PROTECTS MOST SENSITIVE INFORMATION BUT ONLY TO THE EXTENT STATED IN THE TERMS OF SERVICE AND PRIVACY POLICY. J.P. Morgan - The Life and Deals of America's Banker: Insight and L'arbre About the Morgan Family | Constitution Hill Nous sommes tous junius spencer morgan great grandchildren. After all-night negotiations went nowhere, Morgan ended the stalemate by drawing up a bailout contract and ordering the exhausted presidents to sign. [14][15] He was soon among the nation's financial elite. She married George Hale Morgan on 27 June 1866, in Connecticut, United States. He is buried in Cedar Hill Cemetery in Hartford, Connecticut.[8][9]. And I saw, and behold, a pale horse, and its rider's name was Death, and Hades followed him; and they were given great power over a fourth of the earth; to kill with sword and with famine and with pestilence and by wild beasts of the earth." . 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. Born on December 3, 1702, Joseph began to learn to weave at a young age. GREAT NEWS! Junius Spencer. He brought in other major . WIKITREE HOME | ABOUT | G2G FORUM | HELP | SEARCH. Spencer was on the show to talk about his new Disney+ documentary, Finding Michael, released on Friday. Just do what you can. Dowling 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. The executives eventually agreed to terms in what became known as the Corsair Compact. He received and A.B. About: Junius Spencer Morgan - dbpedia.org His success emboldened him to strike out on his own, and he continued to work with his father after founding J. Pierpont Morgan & Co. in the early 1860s. Have you taken a DNA test? [9], Soon after inheriting a fortune from his father's estate in 1847,[10] Morgan was named senior partner at the rechristened Mather Morgan & Co.[11] In 1850, he took a trip to London to meet with some of that city's leading merchant bankers, in hopes that he might expand his own firm into foreign trade and banking. [49] Together, they had:[50][51], Morgan poured tremendous effort into his son and heir J. Pierpont. J.P. Morgan is remembered as such a dominant figure in American capitalism that it seemed to many that he ran the entire economy, able to pull strings anywhere. junius spencer morgan junius spencer morgan - bobesich.ca Junius Origin and Meaning The name Junius is boy's name of Latin origin meaning "born in June". archive.org Morton. After being recommended, Greene met with Morgan in 1905, and was hired . contient des milliers de photos et GeneaStars. lis! [46], Morgan was, like his son, intensely private. 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. In 1836, he married John Pierpont Morgan's mother, Juliet. [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. "[48], In 1836, Morgan married Juliet Pierpont (18161884), daughter of John Pierpont (17851866), a poet, lawyer, merchant, and Unitarian minister. Junius Spencer Morgan - Alchetron, The Free Social Encyclopedia Throughout, Morgan and Peabody maintained their confidence in Field's project. 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. They were the . Today it is the Morgan Library & Museum . 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. Having ceased to undertake large industrial reorganizations, Morgan thereafter concentrated on amassing control of various banks and insurance companies. Nathaniel's son, Joseph Morgan, was the fifth of seven children. 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. Junius Spencer Morgan III Wikipedia Republished // WIKI 2 Leave a message for others who see this profile. [35] Morgan succeeded Peabody as head of the firm and reluctantly changed its name to J. S. Morgan & Co.[36] Despite his disappointment, J. S. Morgan was the largest American bank in London and had earned 444,000 in the prior ten years, leaving Morgan a powerful platform for future investments. Junius Spencer Morgan (American) The Metropolitan Museum of Art. He contributed money to Trinity College, Hartford. TH E W E A TH E R Snow or rain. In book thirteen of Revelation, John describes two beasts: one that emerges from the sea and has seven heads, and another that springs from the earth and empowers the bigger beast. View of Morgan Great Hall in the Wadsworth Atheneum Museum of Art Junius Morgan book. We may earn commission from links on this page, but we only recommend products we back. The outdoor landscaping was overseen by Frederick Law Olmsted, the celebrated landscape architect responsible for Central Park, according to Ms. Devendorf. All Rights Reserved. As a boy he became a dry-goods clerk in Boston; later he entered a brokerage house in New York City. 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 died in Rome in 1913, leaving behind a world-renowned art collection and a business that remained a financial powerhouse into the 21st century. Morgan Genealogy: A History of James Morgan, of New London, Conn. 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. 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. It was not really a question of price. 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. Candidates . Junius Spencer Morgan was born on April 14, 1813 in Holyoke, Massachusetts. He became the junior partner of the banking-firm of Dabney, Morgan and Co. in 1864, and that of Drexel, Morgan and Co. in 1871. Family Life JP Morgan Jr. married Jane Norton Grew. 2008 - 2023 INTERESTING.COM, INC. In 1915, he married Louise, daughter of the celebrated composer Frederick S. Converse and a great-granddaughter of the "Ice King" Frederic Tudor. Login to find your connection. 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. 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. His paternal grandfather, Joseph, was a founder of the Aetna Insurance Company, and his father, Junius, became a partner in a successful dry goods business around the time he married Juliet Pierpont, daughter of noted minister and poet John Pierpont. By estimates, there were about 150 lavish estates built during that time, the majority of which have been turned into hotels and residential compounds. Birth 14 April 1813 - West Springfield, Massachusetts. 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. ", 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. Lucy was the mother of James J. Goodwin and the Rev. 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. Spouses, children, grandchildren and great-grandchildren. [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. The House of Morgan: An American Banking Dynasty and th Why J. P. Morgan Jr. Was More Important Than His Father! rootsweb: Click Here Described as a coldly rational man, Morgan began reorganizing railroads in 1885, becoming a board member and gaining control of large amounts of stock of many of the rail companies he helped restructure. [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. Relationship with Timothy Michael Dowling (Sosa/Ahnentafel #1), Relationship with Amelia Sturges (spouse), Relationship with Frances Louisa Tracy (spouse), Browse using this individual as Sosa/Ahnentafel #1, , born in1835, deceased in1862 aged 27years old, , born 15May1845 - New York, deceased 16November1924 - Highland Falls, Orange Co., NY aged 79years old, Sources: Dowling Family Tree - Tim Dowling - rootsweb, 2001-2015 - - electronic - I42066, Marriage (with Amelia Sturges) - New York, NY, List of all individuals in the family tree, {{ 'gw_downgraded_access_back_to_max'|translate }}, Born 17April1837 - Hartford, Hartford Co., CT, Deceased 31March1913 - Rome, Lazio, Italy, 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. Please enable JavaScript in your browser's settings to use this part of Geni. 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. contient des milliers de photos et GeneaStars. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. Joseph Morgan (Grandfather of J. Pierpont Morgan) Biography The would-be assassin, apparently of German . 24530600 - Virtual International Authority File Drexel allied his bank with Peabody's through Morgan, forming one of the most powerful and important banking alliances in American history. Ancestors. junius spencer morgan great grandchildren Junius Spencer Morgan III (1892-1960) FamilySearch They were the parents of at least 2 sons and 1 daughter. In 1861 Morgan became the agent for his fathers banking company in New York City. 1890 death: From grandparents to grandchildren Career He began his business career in 1829 by entering the employ of Alfred Welles of Boston. Within a year, the business struggled sufficiently that Joseph Morgan had to bail his son out and dissolve the partnership. Pierpont also joined Drexel's Philadelphia firm and his Paris firm, giving the Morgans footholds in four cities. [40], In 1873, Morgans American presence dramatically increased after the failure of Jay Cookes banking empire. He died on Monday, March 31, 1913 in Rome, Italy while attending a yacht racing event. Nous sommes tous The Beast with the Seven Heads and the Beast with Lamb's Horns 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. 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. junius spencer morgan great grandchildren. [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. In October 1861, Morgan married Amelia Sturges in Manhattan, New York. Junius Spencer Morgan III 1892-1960 - Ancestry