Morgan's entire island of 45 acres, 12-bedroom manor house, five additional residences, an eight-stall stable, paddocks and a groomsman's cottage have recently been put on the market. John Pierpont Morgan (1837-1913) - WikiTree Junius Spencer Morgan - Wikiwand Lucy was the mother of James J. Goodwin and the Rev. J.P. Morgan | Biography & Facts | Britannica Find Junius Spencer Morgan stock photos and editorial news pictures from Getty Images. Read reviews from world's largest community for readers. 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. The most expensive listing in the U.S. is a West Coast home asking $350 million. Junius is one of those names that's growing on us, along with many of its Roman countrymen such as Julius and Atticus. 24530600 - Virtual International Authority File Contents. great grandfather. He received an A.B. He attended Harvard University during the early-to-mid 1880s. . gnalogique Dowling avec plus d'un demi-million de parents, 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. [44] By the 1880s, Junius's health began to fade, and he stepped back from day-to-day business. John Pierpont Morgan Jr. (1867-1943) . Morgan's already successful career took a leap forward in 1879 when William Vanderbilt approached him about the sale of 250,000 shares of stock in the New York Central Railroad. All property prices are as stated by the listing agent. Morgan. 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. Please refer to the appropriate style manual or other sources if you have any questions. By the early 1900s, Morgan was the main force behind the Trusts, controlling virtually all the basic American industries. J.P. Morgan - The Life and Deals of America's Banker: Insight and Analysis into the Founder of Modern Finance and the American . He passed away on 19 Oct 1960 in Simcoe, Norfolk, Ontario. Junius Spencer Morgan Events. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. Son of Joseph Morgan III and Sally (Spencer) Morgan. Virginia Elections Database Candidate Profile If not, see our friends at Ancestry DNA. Wrong username or password. Sarah Spencer Morgan (1839-1896) FamilySearch in Hartford, Connecticut, USA , United States, Died on March 31, 1913 Nous sommes tous Junius Origin and Meaning The name Junius is boy's name of Latin origin meaning "born in June". As a boy he became a dry-goods clerk in Boston; later he entered a brokerage house in New York City. In 1887 it was conspicuous in the reorganization of the Philadelphia and Reading railroad, which a syndicate Of capitalists formed by Mr. Morgan placed on a sound basis. The Morgan Mansion was built in 1897 by Junius Spencer Morgan and Josephine Perry Morgan. From about 1836 to 1853, he was in the dry-goods business. Juliet Pierpont Morgan (18471923), who was the mother of John Junius Morgan (d. 1952). He began his business career in 1829 by entering the employ of Alfred Welles of Boston. Junius Spencer Morgans father J.P. Morgan II, an influential financier himself, had an estate in the area, which was nicknamed the Gold Coast for its show of opulence at the turn of the 20th century. Updates? Morgan and his partners actively promoted great mergers after 1922 and controlled . 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. Their relationship, though separated by an ocean and wildly divergent personalities, was close. Morgan family | Familypedia | Fandom Get a Britannica Premium subscription and gain access to exclusive content. 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. J. P. Morgan Biography - Childhood, Life Achievements & Timeline 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. [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. When healthy, he frequented galleries and concerts with his parents, sparking a lifelong fascination with the arts. He brought in other major . Morgan members were notable for dominating the banking industry during . [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. Junius Spencer Morgan I (14 Apr 1813 - 8 Apr 1890) 0 references . Cookes firm collapsed on September 18, triggering a wave of bank failures as part of the Panic of 1873. The assets of the House of Morgan fell 40% from $704 million to $425 million. After the death of his wife Juliet in 1884, he withdrew further from business. J. P. Morgan Jr. Wiki & Bio - everipedia.org Harriet Nickerson , William Lord, Alice Anna GAYLORD , Richard TREAT, Blanche de BRIENNE , Guillaume de FIENNES, Elizabeth x , Nathan Lynde. In time Junius allowed friends to build on the island. Quick access. [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. Philanthropist, Industrialist, Businessman, American financier, banker, philanthropist and art collector, Born on April 17, 1837 In 1875, at the age of 38, Morgan was living with his wife Frances and children Louisa, John, Juliet, and Anne in Highland, New York. Wikipedia (8 entries) edit. [14][15] He was soon among the nation's financial elite. Early life. IMPORTANT PRIVACY NOTICE & DISCLAIMER: YOU HAVE A RESPONSIBILITY TO USE CAUTION WHEN DISTRIBUTING PRIVATE INFORMATION. Candidates . He started his own private banking company and bought railroads, becoming one of the world's largest steel distributors. Their daughter, Mary Ethel Burns (d. 1961) married, Junius Spencer Morgan Jr (18461850), who died young. Junius Morgan's Estate (Salutations) - Virtual Globetrotting This connection would eventually lead to her employment with financier and banker J. P. Morgan starting in 1905 as Junius introduced Greene to his uncle. He also financed industrial consolidations that formed General Electric, U.S. Steel, and International Harvester. 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. Junius Spencer Morgan was born on April 14, 1813 in Holyoke, Massachusetts. 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. Charcoal and stumping on wove paper. 1892-1960. Junius Spencer Morgan (April 14, 1813 April 8, 1890) was an American banker and financier, born at West Springfield (now Holyoke), Massachusetts, USA. They write new content and verify and edit content received from contributors. contient des milliers de photos et GeneaStars. Morgan & Co. Morgan sought to prop up the price by purchasing as many bonds as he could. Son of Joseph Morgan, III and Sarah "Sally" Morgan 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. They maintained a twice-weekly correspondence for thirty-one years, which Pierpont burned in 1911.[58]. He spent winters at the Villa Henriette in Monte Carlo. Junius Spencer Morgan III (1892-1960) Capt. 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 . Mother Sarah Sally Spencer Morgan. J.P. Morgan (1837-1913) - Find a Grave Memorial [6], Morgan enjoyed collecting expensive and valuable paintings and gems and was passionate about yacht racing. Let us know if you have suggestions to improve this article (requires login). Born 14 Apr 1813 in Hartford, Hartford, Connecticut, United States. 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. Also contains a letter from Junius Spencer Morgan to J. Pierpont Morgan The compound is being offered as a whole, meaning no individual houses are available for sale separately. Junius Spencer Morgan, III won (41%) against 2 opponents. Junius Spencer Morgans manor, named Salutation, is one of the few remaining estates still privately owned. Sunset 6:13. "John Pierpont Morgan was an American financier, banker, philanthropist, and art collector . 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. The 27,000-square-feet stone manor has grand-scale living and entertaining spaces with views of the Long Island Sound, Manhattan and Connecticut. We are all related! Username and password are case sensitive. 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. 1785-1866 & Mary Sheldon Lord 1787-1855) with. He married Emma Louise Converse on 16 June 1915, in Saint Pauls Episcopal Church, Millis, Norfolk, Massachusetts, United States. 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. 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. -- PBS Online, 1999, {{ mediasCtrl.getTitle(media, true) }} [4] [5] Career. J. P. Morgan. 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. Shares the stories you may have missed from the world of luxury real estate. In 1907, Morgan again was called to aid the U.S. government in the grips of economic panic. 1890 death: From grandparents to grandchildren The largest online newspaper archive; 22,800+ newspapers from the 1700s-2000s; Millions of additional pages added every month It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. They were the . [46], Morgan was, like his son, intensely private. Joseph personally bought the stakes of Aetna investors who hesitated to pay on the policies. GROUP. With his son's aid, Morgan grew his banking house into a trans-Atlantic financial empire that included firms in . Hearst Magazine Media, Inc. Site contains certain content that is owned A&E Television Networks, LLC. 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. Morton. We strive for accuracy and fairness.If you see something that doesn't look right,contact us! [43] At the dinner, Morgan stated:[36], "never do anything to cause evil to be spoken of the American name. 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. Though Peabody retired as promised, he denied Morgan the use of his name and capital. There is 1 volunteer for this cemetery. 2008 - 2023 INTERESTING.COM, INC. This page was last edited on 25 February 2023, at 17:50. [18] During this period, Morgan first met Francis M. Drexel, founder of Drexel & Company, one of Philadelphia's leading banks. 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. Submit a correction or make a comment about this profile. stream Morgan successfully led the American financial communitys attempt to avert a general financial collapse following the stock market panic of 1907. (1892 - 1960) Photos: 745. [60], He contributed money to the Hartford Free Library,[61] his church and to Trinity College, Hartford. 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. 1813 birth: . Born on December 3, 1702, Joseph began to learn to weave at a young age. He married in 1836 Juliet, daughter of John Pierpont, the poet (q. The Virginian-Pilot from Norfolk, Virginia on September 28, 1962 38 [5], Soon thereafter, Morgan's father secured him a new partnership at Morris Ketchum's private bank on Wall Street, renamed Morgan Ketchum & Co. Today it is the Morgan Library & Museum . J. P. Morgan shot; thirty-two caliber bullet penetrates groin - UPI IMPORTANT PRIVACY NOTICE & DISCLAIMER: YOU HAVE A RESPONSIBILITY TO USE CAUTION WHEN DISTRIBUTING PRIVATE INFORMATION. WIKITREE HOME | ABOUT | G2G FORUM | HELP | SEARCH. ", 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. VIRGIL | Princeton University Library Special Collections Beebe, Morgan and Co., became one of the largest dry-goods establishments in the United States. After all-night negotiations went nowhere, Morgan ended the stalemate by drawing up a bailout contract and ordering the exhausted presidents to sign. During the depression that followed the panic of 1893, Morgan formed a syndicate that resupplied the U.S. governments depleted gold reserve with $62 million in gold in order to relieve a Treasury crisis. 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. 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. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. 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. junius spencer morgan great grandchildren. [5] In 1910, at the age of 74, he was living with his wife Frances and daughter Anne in Manhattan. It was this fortune which eventually placed J.P. Morgan's father, Junius Spencer Morgan, in the banking business. Upon his father's death, he inherited part of Chicopee Field. [12], In fall 1850, Morgan arranged to go into business with James M. Beebe of Boston, a young merchant with a growing import business. WIKITREE PROTECTS MOST SENSITIVE INFORMATION BUT ONLY TO THE EXTENT STATED IN THE TERMS OF SERVICE AND PRIVACY POLICY. The House of Morgan: An American Banking Dynasty and th More:Gatsby-esque Mansion on Long Island Gets $15M Chopped Off its $100M Asking Price. [31], Morgan became the active head of the firm in February 1859, with Peabody remaining the nominal senior partner. The JP Morgan Island Estate! | Top Ten Real Estate Deals gnalogique Dowling avec plus d'un demi-million de parents, 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. [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 assistant librarian was Junius Spencer Morgan, nephew of wealthy financier J. P. Morgan. Two years later, in 1892, Jack Morgan returned to the US and became a partner at Drexel, Morgan & Co., the bank his father co-founded with Pittsburgh banker Anthony Drexel. [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. Through his New York social circle, Morgan grew close to Amelia "Memie" Sturges, the daughter of a successful merchant. [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. Miles Morgan]], ancestor to the Morgan family in America, emigrated from Bristol, England to Boston in 1636. Thanks for your cooperation! 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. "The Print in the North," May 6 . Actually, although John Pierpont Morgan's father was indeed named Junius Spencer Morgan, this was not his home. Morgan Family. 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. A man always has two reasons for doing anything: a good reason and the real reason. 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. . The estate will join a handful of nine-figure properties across the U.S., including two in the Hamptons on Long Island: the former Ford family estate listed for $175 million and another oceanfront estate asking $150 million. Pierpont, as he preferred to be known, had a varied education due in part to interference by his father, Junius. He later attended high school in Boston, specializing in mathematics. We are not responsible for any loss that you may incur as a result of relying on these currency conversions. After the Civil War broke out, Morgan traded Union war bonds at a tremendous profit. Pierpont, as he preferred to be . Astrological Sign: Aries, Death Year: 1913, Death date: March 31, 1913, Death City: Rome, Death Country: Italy, Article Title: J.P. Morgan Biography, Author: Biography.com Editors, Website Name: The Biography.com website, Url: https://www.biography.com/business-leaders/jp-morgan, Publisher: A&E; Television Networks, Last Updated: March 26, 2021, Original Published Date: April 3, 2014. 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. Through a system of interlocking memberships on the boards of companies he had reorganized or influenced, Morgan and his banking house achieved a top-heavy concentration of control over some of the nations leading corporations and financial institutions. Under this name the house has grown in strength and influence until at present it ranks among the great banking-houses of the world. Junius - Baby Name Meaning, Origin, and Popularity | Nameberry 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 worlds foremost financial figures during the two pre-World War I decades. Morgan's Death. 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. We may earn commission from links on this page, but we only recommend products we back. Also in 1901, Morgan teamed with James J. Hill to form the Northern Securities Company. Spencer was on the show to talk about his new Disney+ documentary, Finding Michael, released on Friday. One of the firm's two junior partners was future Governor of New York and U.S. Vice President Levi P. [47] He had a "dry wit and genial manor and employed iron discipline." junius spencer morgan great grandchildren. Father Joseph Morgan (Spencer) II. contient des milliers de photos et GeneaStars. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. The firm gave Morgan access to global markets, exporting and financing cotton and other goods shipped from Boston harbor. Junius Spencer Morgan - Digital PUL Junius Spencer Morgan - Wikipedia He was of Hartford, Conn., but later associated with the Banking-house of Peabody & Morgan of London, England, where he resided many years. [33], In 1864, Morgan's ten-year agreement with Peabody expired. A protracted legal battle was settled when the Supreme Court ruled in favor of the government in 1904. In 1836, he married John Pierpont Morgan's mother, Juliet. Initially a smart but indifferent student, he began showing improved grades by the time he attended English High School in Boston. arwiki .
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