; Services to Be Held Today at Highland Falls and Here on Sunday", "J. S. Morgan Dies In Switzerland; Retired Banker Emulated Ex- ample of Uncle, the Late j. P., as Art Collector. 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. Railroad securities were further weakened by the Credit Mobilier scandal. Signup for our newsletter to get notified about our next ride. (1892 - 1960) Photos: 745. Joseph personally bought the stakes of Aetna investors who hesitated to pay on the policies. We use cookies to make our website work more efficiently, to provide you with more personalised services or advertising to you, and to analyse traffic on our website. This page has been accessed 12,698 times. 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. Satterlee, Louisa Morgan 1866-1946 [WorldCat Identities] 1981.2:2 . Please enable JavaScript in your browser's settings to use this part of Geni. pentecostal assemblies of the world ordination; how to start a cna school in illinois 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. 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) L'arbre He was a devout Episcopalian. He became a partner in mercantile firms in Hartford, Conn., and in Boston and then (1854) went to London to become a partner of George Peabody. Junius Morgan | PureHistory contient des milliers de photos et GeneaStars. 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. Husband of Juliet (Pierpont) Morgan married 2 May 1836 in Hartford, Hartford County, Connecticut. 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. Dowling They were the . Ms. Walker couldnt immediately be reached for comment. 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 . Junius Spencer Morgan III (1892-1960) Capt. When American grain (and consequently rail) prices fell dramatically after the resolution of the Franco-Prussian War, Cookes heavy investment in the Northern Pacific Railway was no longer sufficient to meet liabilities. Three years later, after purchasing Andrew Carnegies steel company for nearly $500 million, Morgan merged the entities into U.S. Steel, creating the first billion-dollar corporation. 1813 birth: . He returned to the United States in 1857, and entered the banking-firm of Duncan, Sherman and Co., of New York. J. P. Morgan was born and raised in Hartford, Connecticut, to Junius Spencer Morgan (18131890) and Juliet Pierpont (18161884) of Boston, Massachusetts. [14], On May 15,[16] 1853, at the recommendation of James Beebe, Morgan visited the American banker George Peabody in London. Junius Spencer Morgan was born on April 14, 1813 in Holyoke, Massachusetts. 1844 child birth: Mary Lyman Morgan b. Descendants. The syndicate bought and quickly resold the bonds in early 1895, stabilizing the shaky economy. % Deceased persons are not concerned by this provision. All charts include source citations for ancestors in the charts. [49] Together, they had:[50][51], Morgan poured tremendous effort into his son and heir J. Pierpont. Junius Spencer Morgan, 1813-90, b. It was this fortune which eventually placed J.P. Morgan's father, Junius Spencer Morgan, in the banking business. L'arbre [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. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. PDF J. P. Morgan - ahschools.us Junius Spencer Morgans manor, named Salutation, is one of the few remaining estates still privately owned. A protracted legal battle was settled when the Supreme Court ruled in favor of the government in 1904. Wikipedia (8 entries) edit. [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.P. Morgan (1837-1913) - Find a Grave Memorial The Beaux-Arts Morgan Memorial of 1910-15 was designed by Benjamin Wistar Morris. 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. Career He began his business career in 1829 by entering the employ of Alfred Welles of Boston. Morgan Family - NNDB 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. They write new content and verify and edit content received from contributors. Family Members With U.S. gold reserves seriously depleted, Morgan formed a syndicate of international investors willing to supply gold in exchange for a favorable rate on 30-year bonds. Junius Spencer Morgan b. 1813 d. 1890 - Rodovid EN 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. Morgan used his company's funds to purchase the coffee, and then sold it to local merchants for a profit. 3I. Junius Spencer Morgan III married Emma Louise Converse and had 2 children. In 1845, his father invested an additional $25,000 in the firm on Junius's behalf. In 1836, he married John Pierpont Morgan's mother, Juliet. 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, Together they had three children: Sarah Spencer Morgan, Alexander Perry Morgan and Lucrutia Morgan who died at birth. 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. 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. P. Morgan - Wikipedia ting Vit Junius Spencer Morgan 1846 - 1858. Early life. 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. 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. aged 75years old. It was a question of success. The carriage hit a pile of stone and Morgan was thrown against the wall. [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. arwiki . Mountain Landscape with Bridge over Waterfall. In 1861 Morgan became the agent for his fathers banking company in New York City. Death 8 Apr 1890 - Hartford, Hartford, Connecticut, USA. Morgan personally lobbied Washington on Field's behalf in 1856 and Peabody & Co. subscribed to 10,000 of Field's original capital stock of 350,000 and later advanced Field funds to complete the project when he struggled to find American investors. 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. [35], Still, Morgan was ambitious to place his bank on par with the Rothschilds and Barings Bank. In 1896, Morgan embarked on consolidations in the electric, steel (creating U.S. Steel, the world's first billion-dollar corporation, in 1901), and agricultural equipment manufacturing industries. [39], Morgan was now the wealthiest American banker in London and moved into a Knightsbridge mansion facing the south side of Hyde Park. Biography and associated logos are trademarks of A+E Networksprotected in the US and other countries around the globe. GLEN COVE, L. I., N.Y., July 3, 1915 (UP) - John Pierpont Morgan, the financier, was shot at his summer home here shortly before 9 o'clock to-day. His sister, Lucy Morgan (d. 1890) was married to Major James Goodwin, one of the founders, and a president for many years, of the Connecticut Mutual Life Insurance Company. [68][69] At the Connecticut State Capitol, flags were flown at half-mast in mourning. Junius Spencer Morgan Photos and Premium High Res Pictures - Getty Images 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. 1844 d. 1919. Founder of United States Steel Corporation. About the Morgan Family | Constitution Hill Relationship with Timothy Michael Dowling (Sosa/Ahnentafel #1), Relationship with Juliet Pierpont (spouse), Browse using this individual as Sosa/Ahnentafel #1, , born 30July1816 - Baltimore, Baltimore Co., MD, deceased 23February1884 aged 67years old, List of all individuals in the family tree, {{ 'gw_downgraded_access_back_to_max'|translate }}, Born 14April1813 - West Springfield, Hampden Co., MA, Birth, death: Dowling Family Tree - Tim Dowling - rootsweb, 2001-2015 - - electronic - I42064. 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 . Morgan Genealogy: A History of James Morgan, of New London, Conn. Junius Spencer Morgan I (1813-1890) | WikiTree FREE Family Tree [46], Morgan was, like his son, intensely private. Junius Spencer Morgan III (1892-1960) FamilySearch Upon his father's death, he inherited part of Chicopee Field. [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. Born on December 3, 1702, Joseph began to learn to weave at a young age. John Pierpont Morgan Jr. (1867-1943) . He was of Hartford, Conn., but later associated with the Banking-house of Peabody & Morgan of London, England, where he resided many years. By the early 1900s, Morgan was the main force behind the Trusts, controlling virtually all the basic American industries. 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. 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. Leave a message for others who see this profile. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. "[43][36], As Junius took a less active role and Pierpont continued to accrue massive profits, the balance of power within the Morgan empire shifted from London to New York City. Deceased persons are not concerned by this provision. 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. 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. Have you taken a DNA test? 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. Morgan's astounding success transformed the financial industry and left behind a powerful legacy. 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 - Wikipedia We may earn commission from links on this page, but we only recommend products we back. Dowling Island That Was Longtime Home to J.P. Morgan Heir Hits Market for $125M In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Juliet Pierpont Morgan . He also purchased Dover House in Roehampton. Philanthropist, Industrialist, Businessman, American financier, banker, philanthropist and art collector, Born on April 17, 1837 Junius Spencer Morgan (1867-1932), Class of 1888, and A.M. 1896, was a nephew of the celebrated John Pierpont Morgan, the great financier. After being recommended, Greene met with Morgan in 1905, and was hired . His book collection and the building that housed them in New York City became a public reference library in 1924. Articles from Britannica Encyclopedias for elementary and high school students. The 27,000-square-feet stone manor has grand-scale living and entertaining spaces with views of the Long Island Sound, Manhattan and Connecticut. Father Joseph Morgan (Spencer) II. In 1907, Morgan again was called to aid the U.S. government in the grips of economic panic. Junius Spencer Morgan. 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. The assistant librarian was Junius Spencer Morgan, nephew of wealthy financier J. P. 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. VIRGIL | Princeton University Library Special Collections In April 1912 Morgan had a booking on the maiden voyage of White Stars Titanic but was forced to cancel, reportedly because of an illness. Junius Spencer. Candidates . Juliet Pierpont Morgan (18471923), who was the mother of John Junius Morgan (d. 1952). 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. 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. 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. contains thousands of pictures and GeneaStars. Meanwhile, Pierpont struck up a new romance with Frances Louisa "Fanny" Tracy, the daughter of a New York lawyer. In September 1851, Morgan passed the entrance exam for the English High School of Boston, a school specializing in mathematics to prepare young men for careers in commerce. -- PBS Online, 1999, {{ mediasCtrl.getTitle(media, true) }} 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.