junius spencer morgan great grandchildren junius spencer morgan great grandchildren

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. The Morgan Memorial served as a prototype for the Pierpont Morgan wing of the Metropolitan Museum of Art. [47] He had a "dry wit and genial manor and employed iron discipline." Just one grandparent can lead you to many The son of a successful financier, Junius Spencer Morgan (181390), John Pierpont Morgan was educated in Boston and at the University of Gttingen. contient des milliers de photos et GeneaStars. 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. [20] Some of Peabody's largest clients suspended business or failed entirely, and Duncan Sherman was unable to pay its remittances without assistance. Though Peabody retired as promised, he denied Morgan the use of his name and capital. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Junius Spencer Morgan (April 14, 1813 April 8, 1890) was an American banker and financier, born at West Springfield (now Holyoke), Massachusetts, USA. 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. 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. 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. Morgan's astounding success transformed the financial industry and left behind a powerful legacy. 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. A man always has two reasons for doing anything: a good reason and the real reason. the tall man aboriginal spirit; metadata api request failed: component conversion failed: file_ended; caleb foote sandlot Select from premium Junius Spencer Morgan of the highest quality. . We may earn commission from links on this page, but we only recommend products we back. Today it is the Morgan Library & Museum . 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#. Login to find your connection. Please refer to the appropriate style manual or other sources if you have any questions. 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. Dowling [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. He then acquired control of many leading financial and insurance companies. Our editors will review what youve submitted and determine whether to revise the article. 2008 - 2023 INTERESTING.COM, INC. Get a Britannica Premium subscription and gain access to exclusive content. 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. To commemorate his passing, the New York Stock Exchange remained closed until noon on the day of his funeral. There is 1 volunteer for this cemetery. Deceased persons are not concerned by this provision. When Sarah Spencer Morgan was born on 5 December 1839, in Hartford, Hartford, Connecticut, United States, her father, Junius Spencer Morgan Sr., was 26 and her mother, Juliet Pierpont, was 23. 1890 death: From grandparents to grandchildren 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. His paternal grandparents were Junius Spencer Morgan (1813-1890) [3] and Juliet Pierpont (1816-1884), the daughter of John Pierpont. It was a question of success. [43] At the dinner, Morgan stated:[36], "never do anything to cause evil to be spoken of the American name. Together they had three children: Sarah Spencer Morgan, Alexander Perry Morgan and Lucrutia Morgan who died at birth. CONTENT MAY BE COPYRIGHTED BY WIKITREE COMMUNITY MEMBERS. . [24], The railway boom ended in 1857 and prices collapsed, leading to rumors in London that Peabody & Co. was on the verge of failure. 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. 1844 child birth: Mary Lyman Morgan b. [1] Career Geneastars | Facebook. This house is among the chief negotiators of railroad bonds, and was active in the reorganization of the West Shore railroad and its absorption by the New York Central railroad. 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. When his horses bolted at an oncoming train, Morgan stood to see if his driver could steady the horses. Find Junius Spencer Morgan stock photos and editorial news pictures from Getty Images. [23], By 1856, Peabody was confident enough in Morgan to leave him in sole care of the business while Peabody took an extended tour of the United States. Morgan's Death. [44] By the 1880s, Junius's health began to fade, and he stepped back from day-to-day business. [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. [27][28][29], Despite their own financial difficulties in this period, Peabody and Morgan were chief backers of Cyrus West Field's bedeviled transatlantic cable project throughout. [5], Soon thereafter, Morgan's father secured him a new partnership at Morris Ketchum's private bank on Wall Street, renamed Morgan Ketchum & Co. The Dowling Family Tree with over half a million relatives, He married Emma Louise Converse on 16 June 1915, in Saint Pauls Episcopal Church, Millis, Norfolk, Massachusetts, United States. 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. Junius Spencer. junius spencer morgan 30 Nov. junius spencer morgan. More:Gatsby-esque Mansion on Long Island Gets $15M Chopped Off its $100M Asking Price. At his death, in 1890, he left a fortune estimated at about $10,000,000. ", Delivers the most important property news around the world to your inbox each weekday, COPYRIGHT 2023 MANSION GLOBAL. He later attended high school in Boston, specializing in mathematics. 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. Junius Spencer Morgan, III won (41%) against 2 opponents. Enter a grandparent's name. WIKITREE PROTECTS MOST SENSITIVE INFORMATION BUT ONLY TO THE EXTENT STATED IN THE TERMS OF SERVICE AND PRIVACY POLICY. GROUP. [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. The carriage hit a pile of stone and Morgan was thrown against the wall. Junius Spencer Morgan, 1813-90, b. Peabody pledged the bank could continue to use his name and if necessary, some capital. Junius Spencer Morgan III married Emma Louise Converse and had 2 children. [33], In 1864, Morgan's ten-year agreement with Peabody expired. In 1902, the Justice Department charged Northern Securities with violating the Sherman Antitrust Act of 1890. Actually, although John Pierpont Morgan's father was indeed named Junius Spencer Morgan, this was not his home. Have you taken a DNA test? Posted at 21:44h in bonobos walmart acquisition by mexico city time change. Design area: 5 1/4 x 8 7/16 inches (134 x 215 mm) Gift of Mr. John P. Morgan, II. gnalogique Dowling avec plus d'un demi-million de parents, 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. Updates? Three years later he began financing a series of giant industrial consolidations that were to reshape the corporate structure of the American manufacturing sector. junius spencer morgan great grandchildren 05 Jun. [63] Morgan was a close friend of the Whig politician and diplomat Abbott Lawrence. WIKITREE PROTECTS MOST SENSITIVE INFORMATION BUT ONLY TO THE EXTENT STATED IN THE TERMS OF SERVICE AND PRIVACY POLICY. 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. Morgan was born on April 14, 1813, in Holyoke, Massachusetts to Joseph and Sarah Morgan. By gaining control of much of the stock of the railroads that he reorganized, he became one of the worlds most powerful railroad magnates, controlling about 5,000 miles (8,000 km) of American railroads by 1902. ; 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). Through his mother, he was a first cousin to Henry Grew Crosby (1898-1929). Son of Joseph Morgan, III and Sarah "Sally" Morgan rootsweb: Click Here Morton. [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. Morgan's grandson later recalled this as "at that time, the bitterest disappointment of his life". He entered business in Connecticut, operating a tavern, coffee house, and stagecoach line,[4] and was a founding partner in the Aetna Fire Insurance Company in 1819. He worked at his father's bank, Peabody, Morgan & Co., and later the firms of Duncan, Sherman & Company and Dabney, Morgan, and Company. Junius Spencer Morgan was an incredibly successful banker and financier, as he founded the bank J.S. In one early example of his ingenuity, Morgan was in New Orleans for business when he encountered a ship captain with a boatload of coffee and no buyer. In accordance with the legal provisions, you can ask for the removal of your name and the name of your minor children. 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. 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. pigella miraculous ladybug power. Login to find your connection. [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. In 1860 he became agent and attorney in the United States for George Peabody and Co., of London, which relation he has since held with that firm and its successor. 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. Save Page Now. After the death of his wife Juliet in 1884, he withdrew further from business. Regardless, Morgan continued to exert his authority in both industries and in government. He died on Monday, March 31, 1913 in Rome, Italy while attending a yacht racing event. We are featuring this profile in the Connection Finder this week. Contents Early life Career Personal life References Early life Morgan was born on April 14, 1813 in Holyoke, Massachusetts. Through his New York social circle, Morgan grew close to Amelia "Memie" Sturges, the daughter of a successful merchant. 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? 3I. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General . Have you taken a DNA test? 1902. 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. Capture a web page as it appears now for use as a trusted citation in the future. J.P. Morgan cofounded (1871) the banking company Drexel, Morgan and Company. Sunrise 7:55. Pierpont, as he preferred to be known, had a varied education due in part to interference by his father, Junius. [68][69] At the Connecticut State Capitol, flags were flown at half-mast in mourning. 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 began reorganizing railroads in 1885, when he arranged an agreement between two of the largest railroads in the country, the New York Central Railroad and the Pennsylvania Railroad, that minimized a potentially destructive rate war and rail-line competition between them. Sarah Spencer Morgan (1893-1949), married Henry B. Gardner (1891-1932) in 1913. All charts include source citations for ancestors in the charts. Geneastars | Facebook. He was named after his maternal grandfather, and much like his Uncle Pierpont, he was a great collector. 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). Please try again. 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. 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. [3], Junius's father Joseph was a soldier in the Revolutionary Army and farmer in West Springfield, Massachusetts. [62], Like his father, Morgan was a strong supporter of the Whig Party. He is buried in Cedar Hill Cemetery in Hartford, Connecticut.[8][9]. Thanks for your cooperation! Sarah Spencer Morgan Morgan 1839 - 1896. junius spencer morgan great grandchildren. They write new content and verify and edit content received from contributors. He also financed industrial consolidations that formed General Electric, U.S. Steel, and International Harvester. 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. 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. In semi-retirement by the time the crisis was resolved, Morgan devoted much of his energy to his art collection and philanthropy. Their blossoming romance was jarred by her diagnosis of tuberculosis in 1861, and they quickly married and moved to Algiers with the hope of spurring a recovery. The firm soon became a major player in the steel industry by financing the formation of Federal Steel in 1898. Husband of Juliet (Pierpont) Morgan married 2 May 1836 in Hartford, Hartford County, Connecticut. [65], On April 3, 1890, Morgan took an afternoon carriage ride through Monte Carlo. Francis Goodwin,[59] chairman of the Hartford Parks Commission. lis! Harriet Nickerson , William Lord, Alice Anna GAYLORD , Richard TREAT, Blanche de BRIENNE , Guillaume de FIENNES, Elizabeth x , Nathan Lynde. Morgan used his company's funds to purchase the coffee, and then sold it to local merchants for a profit. [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. 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.