The Dowling Family Tree with over half a million relatives, junius spencer morgan 30 Nov. junius spencer morgan. [8] He continued traveling to collect debts and purchase cotton through the ongoing depression into the 1840s, continuing to grow his reputation as a businessman in Hartford. Thanks for your cooperation! Son of Joseph Morgan, III and Sarah "Sally" Morgan However, despite Morgan's best efforts to nurse his bride back to health, she passed away in February 1862. Morgan Family. Signup for our newsletter to get notified about our next ride. Pierpont, as he preferred to be known, had a varied education due in part to interference by his father, Junius. Full text of "Cynthiana democrat (The), 2014-10-16" Following a decade of railroad consolidation, he broke new ground by arranging the merger of Edison General Electric and Thomson-Houston Company to form General Electric in 1892. 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. 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. gnalogique Dowling avec plus d'un demi-million de parents, About: Junius Spencer Morgan - dbpedia.org 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. He helped to achieve railroad rate stability and discouraged overly chaotic competition in the East. Nous sommes tous 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. If so, login to add it. The . 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. gnalogique Dowling avec plus d'un demi-million de parents, [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. J.P. Morgan - The Life and Deals of America's Banker: Insight and Junius Spencer Morgan (1813-1890) owned part of a large mercantile house (trading company) in Hartford, advanced to a larger one in Boston, Massachusetts, and . TH E W E A TH E R Snow or rain. Enter a grandparent's name. % 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. 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? pigella miraculous ladybug power. 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. West Springfield, Mass., prospered at investment banking. However, he soon encountered resistance from President Theodore Roosevelt, who sought to leverage the populist tide against the wealthy "robber barons" of Wall Street. When healthy, he frequented galleries and concerts with his parents, sparking a lifelong fascination with the arts. 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. lis! Junius S. Morgan III, U.S.N., of 'Salutation' Glen Cove, Long Island, N.Y. zoom_in 2 images. Junius Spencer Morgan II (1867-1932), son of J. Pierpont Morgan's sister Sarah, began collecting rare books while he was in his teens and eventually built a fine collection of the ancient Roman poet Virgil's works. 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 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. walmart springfield, mo tire and lube hours . 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. In 1903, J.P. Morgan & Co. was appointed fiscal agent for a newly independent Panama, with responsibilities that included overseeing the transfer of $40 million to the New Panama Canal Co. 1813 birth: . They were the parents of at least 2 sons and 1 daughter. The outdoor landscaping was overseen by Frederick Law Olmsted, the celebrated landscape architect responsible for Central Park, according to Ms. Devendorf. Junius Spencer Morgan - Wikidata "John Pierpont Morgan was an American financier, banker, philanthropist, and art collector . Actually, although John Pierpont Morgan's father was indeed named Junius Spencer Morgan, this was not his home. [43] At the dinner, Morgan stated:[36], "never do anything to cause evil to be spoken of the American name. Wrong username or password. There are no volunteers for this cemetery. As a boy he became a dry-goods clerk in Boston; later he entered a brokerage house in New York City. Junius is one of those names that's growing on us, along with many of its Roman countrymen such as Julius and Atticus. 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. contient des milliers de photos et GeneaStars. Pierpont, as he preferred to be known, had a varied education due in part to interference by his father, Junius. From 1854, he was partner, with George Peabody, in the English banking house of George Peabody & Co. 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. The yearly tax for the property is about $570,000. J.P. Morgan - Life, Family & Philanthropy - Biography Following Drexel's death in 1893, Jack Morgan helped his father reorganize the company and rename it J. P. Morgan & Co., a name the company bears to this day! Login to find your connection. Also contains a letter from Junius Spencer Morgan to J. Pierpont Morgan The executives eventually agreed to terms in what became known as the Corsair Compact. J.P. Morgan - The Life and Deals of America's Banker: Insight and Analysis into the Founder of Modern Finance and the American Banking System (Business Biographies and Memoirs - Titans of Industry) [MacGregor, JR] on Amazon.com. More:Gatsby-esque Mansion on Long Island Gets $15M Chopped Off its $100M Asking Price. Morgan's Death. Junius Spencer Morgan, 1813-90, b. Just one grandparent can lead you to many Morgan & Co. Morgan sought to prop up the price by purchasing as many bonds as he could. 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. Mother Sarah Sally Spencer Morgan. Junius Spencer MORGAN 1813-1890 - Ancestry 24530600 - Virtual International Authority File 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. Junius S. Morgan II: Nephew and Adviser CONTENT MAY BE COPYRIGHTED BY WIKITREE COMMUNITY MEMBERS. from Harvard University in 1914. J P Morgan. 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. [66], At his death, he left a fortune of $12,400,000 (equivalent to $370,000,000 today). In 1836, he married John Pierpont Morgan's mother, Juliet. aged 75years old. While every effort has been made to follow citation style rules, there may be some discrepancies. Junius Spencer Morgan III Wikipedia Republished // WIKI 2 Husband of Juliet (Pierpont) Morgan married 2 May 1836 in Hartford, Hartford County, Connecticut. Junius Spencer Morgan - Wikipedia 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. He also financed industrial consolidations that formed General Electric, U.S. Steel, and International Harvester. We are not responsible for any loss that you may incur as a result of relying on these currency conversions. His book collection and the building that housed them in New York City became a public reference library in 1924. After the Civil War broke out, Morgan traded Union war bonds at a tremendous profit. Ancestral pedigree chart of J.P. Morgan. Wikipedia (8 entries) edit. You can't pick cherries with your back to the tree. Morgan and his partners actively promoted great mergers after 1922 and controlled . 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 addition, it was the centrality of his role in averting disaster in 1907 that led the U.S. government to create the Federal Reserve System. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. 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. About the Morgan Family | Constitution Hill 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. ", 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. Junius Morgan's Estate (Salutations) - Virtual Globetrotting 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. Fans vent fury as Spencer Matthew's documentary Finding Michael fails 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. Junius Spencer Morgan and his family lived on the island for decades. 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. He is buried in Cedar Hill Cemetery, Hartford, Connecticut. Corrections? Though Peabody retired as promised, he denied Morgan the use of his name and capital. 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. 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. [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. The firm soon became a major player in the steel industry by financing the formation of Federal Steel in 1898. They maintained a twice-weekly correspondence for thirty-one years, which Pierpont burned in 1911.[58]. Brother of Archilles Morgan; Lucy Goodwin and Mary Morgan, http://en.wikipedia.org/wiki/Junius_Spencer_Morgan. 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. All property prices are as stated by the listing agent. He also purchased Dover House in Roehampton. 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. [13], By February 1851, Morgan sold his stake in Howe & Mather for $600,000 and moved to Boston's Pemberton Square. [68][69] At the Connecticut State Capitol, flags were flown at half-mast in mourning. J. P. Morgan Biography - Childhood, Life Achievements & Timeline Morgan was also among the foremost collectors of art and books of his day; his book collection and the building that housed it in New York City are now The Pierpont Morgan Library. " 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. [18] During this period, Morgan first met Francis M. Drexel, founder of Drexel & Company, one of Philadelphia's leading banks. All Rights Reserved. He returned to the United States in 1857, and entered the banking-firm of Duncan, Sherman and Co., of New York. Please enable JavaScript in your browser's settings to use this part of Geni. Junius Spencer Morgan III 1892-1960 - Ancestry J. P. Morgan. Junius Spencer Morgan I (April 14, 1813 - April 8, 1890) was an American banker and financier as well as the father of J. P. Morgan. Three years later he began financing a series of giant industrial consolidations that were to reshape the corporate structure of the American manufacturing sector. In October 1858, Field's cable broke, delaying the project's completion another eight years until 1866. 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. discoveries. "It takes a very special buyer for this trophy property," Ms. Devendorf said, "But its a once-in-a-lifetime opportunity. 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. We may earn commission from links on this page, but we only recommend products we back. The compound is being offered as a whole, meaning no individual houses are available for sale separately. 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. Let us know if you have suggestions to improve this article (requires login). Junius Spencer Morgan : Family tree by Tim DOWLING (tdowling) - Geneanet Their daughter, Mary Ethel Burns (d. 1961) married, Junius Spencer Morgan Jr (18461850), who died young. Early life. [12], In fall 1850, Morgan arranged to go into business with James M. Beebe of Boston, a young merchant with a growing import business. Outgoing letters are addressed to her sister, Mary Kirkland Tracy. 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. He then looked to the financial and insurance industries, in which his banking firm also achieved a concentration of control. Birth 14 April 1813 - West Springfield, Massachusetts. Shares the stories you may have missed from the world of luxury real estate. Drexel allied his bank with Peabody's through Morgan, forming one of the most powerful and important banking alliances in American history. Enter a grandparent's name. Each fall, Junius made an annual trip to the United States for three months, and Pierpont traveled to London each spring. [5] He made a fortune with Aetna in 1835, when Aetna covered Wall Street firms destroyed in the Great Fire of New York. Members of the family amassed an immense fortune over the generations, primarily through the noted work of John Pierpont (J. P.) Morgan (1837-1913). [70], Last edited on 25 February 2023, at 17:50, Connecticut Mutual Life Insurance Company, "J.S. Junius Spencer Morgan III (1892-1960) Capt. Leave a message for others who see this profile. [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. 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 became one of the wealthiest and most powerful businessmen in the world through his founding of private banks and industrial consolidation in the late 1800s. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. 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. Dowling junius spencer morgan great grandchildren Nous sommes tous 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 Sr. founded the eponymous bank and dominated American corporate finance in the late 19th and early 20th centuries. JP Morgan Jr. Net Worth (Entrepreneur) [39], Morgan was now the wealthiest American banker in London and moved into a Knightsbridge mansion facing the south side of Hyde Park. [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. 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. He is also remembered for his art donations to New York Citys Metropolitan Museum of Art and his book collection, now in the Morgan Library and Museum. He spent winters at the Villa Henriette in Monte Carlo. 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. J.P. Morgan Pedigree Chart | John Pierpont "J.P." Morgan | Ahnentafel PDF J. P. Morgan - ahschools.us Morgan's grandson later recalled this as "at that time, the bitterest disappointment of his life". 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. Through his New York social circle, Morgan grew close to Amelia "Memie" Sturges, the daughter of a successful merchant. The Four Horsemen, from "The Apocalypse" - The Metropolitan Museum of Art Entering his mid-30s, Morgan was developing into the outsized figure that would dominate the financial world with his enormous frame, piercing eyes and brusque nature. Father Joseph Morgan (Spencer) II. Just one grandparent can lead you to many After all-night negotiations went nowhere, Morgan ended the stalemate by drawing up a bailout contract and ordering the exhausted presidents to sign. examples of olympic values Likes. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. Philanthropist, Industrialist, Businessman, American financier, banker, philanthropist and art collector, Born on April 17, 1837 A man I do not trust could not get money from me on all the bonds in Christendom. "The Print in the North," May 6 . [24], The railway boom ended in 1857 and prices collapsed, leading to rumors in London that Peabody & Co. was on the verge of failure. discoveries. He attended Harvard University during the early-to-mid 1880s. He began his business career in 1829 by entering the employ of Alfred Welles of Boston. He began working for his father at a young age and attended the University of Gottingen, a German language school. rootsweb: Click Here At the age of 13, he was enrolled at the American Literary, Scientific, and Military Academy (now Norwich University) in Middletown, Connecticut near the home of his mother's parents. Founder of United States Steel Corporation. Pierpont also joined Drexel's Philadelphia firm and his Paris firm, giving the Morgans footholds in four cities. Junius Spencer Morgan - Alchetron, The Free Social Encyclopedia [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.