WIKITREE HOME | ABOUT | G2G FORUM | HELP | SEARCH. Linked to: Timothy Michael Dowling, 6th cousin 5x removed, {{ mediasCtrl.getTitle(media, true) }} Junius Spencer Morgan was born on April 14, 1813 in Holyoke, Massachusetts. I don't want a lawyer who tells me what I can't do. 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. The PEDIGREE of Junius Spencer MORGAN (major banker; founder & eponym of J.S. contient des milliers de photos et GeneaStars. Enter a grandparent's name. ; 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. Because of his links with the Peabody firm, Morgan had intimate and highly useful connections with the London financial world, and during the 1870s he was thereby able to provide the rapidly growing industrial corporations of the United States with much-needed capital from British bankers. from Harvard University in 1914. pentecostal assemblies of the world ordination; how to start a cna school in illinois [7][6] He remained at the firm until his father's death in 1847. In semi-retirement by the time the crisis was resolved, Morgan devoted much of his energy to his art collection and philanthropy. Junius Spencer Morgan I was an American banker and financier, as well as the father of John Pierpont "J.P." Morgan and patriarch to the Morgan banking house. 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. [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. Morgan members were notable for dominating the banking industry during . 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. At the age of 21, he became a soldier in the company of Captain Josiah Kellogg of Suffield. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. He founded J. S. Morgan & Co. [34] It was therefore not as directly reliant on American slavery as its peer banks in London, and took advantage during the American Civil War by aligning with the Union. Their daughter, Mary Ethel Burns (d. 1961) married, Junius Spencer Morgan Jr (18461850), who died young. His paternal grandparents were Junius Spencer Morgan (1813-1890) [3] and Juliet Pierpont (1816-1884), the daughter of John Pierpont. We may earn commission from links on this page, but we only recommend products we back. He was named after his maternal grandfather, and much like his Uncle Pierpont, he was a great collector. Son of Junius Spencer Morgan I and Juliet (Pierpont) Morgan Brother of Sarah Spencer Morgan, Mary Lyman (Morgan) Burns, Junius Spencer Morgan II and Juliet Pierpont Morgan Husband of Amelia (Sturges) Morgan married 7 Oct 1861 in New York, USA Husband of Frances Louise (Tracy) Morgan married 31 May 1865 [location unknown] Descendants Touring the world with friends one mile and pub at a time; southlake carroll basketball. contient des milliers de photos et GeneaStars. L'arbre Samuel Spencer (1670 - 1756), my sixth great grandfather, and Morgan's third great grandfather. 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. He married in 1836 Juliet, daughter of John Pierpont, the poet (q. DISCLAIMER: The currency conversion is provided for illustration purposes only. The would-be assassin, apparently of German . Select from premium Junius Spencer Morgan of the highest quality. All charts include source citations for ancestors in the charts. Junius Spencer Morgan 1813-1890 Juliet Pierpont 1816-1884 Spouses, children, grandchildren and great-grandchildren Married in 1861, New York, NY, to Amelia Sturges, born in 1835, deceased in 1862 aged 27 years old 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. Their relationship, though separated by an ocean and wildly divergent personalities, was close. Enter a grandparent's name. 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. In 1861 Morgan became the agent for his fathers banking company in New York City. He is buried in Cedar Hill Cemetery in Hartford, Connecticut.[8][9]. Ten years later, he succeeded Peabody as head of the firm and changed its name to J. S. Morgan & Co. MORGAN, Junius Spencer, banker, born in West Springfield (now Holyoke), Massachusetts, 14 April, 1813. Articles from Britannica Encyclopedias for elementary and high school students. Morgan was born on April 14, 1813, in Holyoke, Massachusetts to Joseph and Sarah Morgan. 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. They were the . WARREN TIMES-MIRROR The Only Paper in Many Hom es Th One Paper in Most Honnes (>0()l> E \ ENTNG Hincp .scientists are so good at digging up things, we suggest tliey turn their efforti- to more ration points. Morgan led a syndicated bond issue of 10,000,000, which the syndicate sold at 15 points below par. Primary source of wealth: J. P. Morgan & Co.. . He co-founded the banking firm that became J.P. Morgan & Co. in 1871, and in the 1880s he established himself as a power player in the country's railroad industry. John Pierpont Morgan was an American financier and investment banker during the Gilded Age. Quick access. Peabody pledged the bank could continue to use his name and if necessary, some capital. 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. [66], At his death, he left a fortune of $12,400,000 (equivalent to $370,000,000 today). J.P. Morgan cofounded (1871) the banking company Drexel, Morgan and Company. Early life. The largest online newspaper archive; 22,800+ newspapers from the 1700s-2000s; Millions of additional pages added every month Linked to: Timothy Michael Dowling, 7th cousin 4x removed Morgan's astounding success transformed the financial industry and left behind a powerful legacy. 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. [3], Junius's father Joseph was a soldier in the Revolutionary Army and farmer in West Springfield, Massachusetts. Junius Spencer Morgan I (14 Apr 1813 - 8 Apr 1890) 0 references . In time Junius allowed friends to build on the island. 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 Result Of The Banker's Recent Accident At Monte Carlo", "Mrs. Morgan's Funeral. 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. 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. The . [35], Still, Morgan was ambitious to place his bank on par with the Rothschilds and Barings Bank. Morgan III. 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. Please try again. 1902. 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. aged 75years old. Peabody also forced unfavorable terms on Morgan's lease of the bank's 22 Old Broad Street offices. 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. Mountain Landscape with Bridge over Waterfall. Submit a correction or make a comment about this profile. [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. Morgan's grandson later recalled this as "at that time, the bitterest disappointment of his life". Geni requires JavaScript! Junius Spencer Morgan, 1813-90, b. [4] In 1880, he and his family were living in New York City. 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. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. A protracted legal battle was settled when the Supreme Court ruled in favor of the government in 1904. In accordance with the legal provisions, you can ask for the removal of your name and the name of your minor children. They write new content and verify and edit content received from contributors. 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. Connect to the World Family Tree to find out, 1813 - Holyoke, Comt De Hampden, Massachusetts, tats-Unis, Junius MORGAN, Juliet MORGAN, Mary MORGAN, John Pierpont MORGAN, Apr 14 1813 - West Springfield, Massachusetts, Usa, Joseph Morgan, Sarah "sally" Morgan (born Spencer), Apr 14 1813 - West Springfield, Hampshire, Massachusetts, Joseph Morgan III, Sarah Morgan (born Spencer), n Pierpont Morgan Sr., Sarah Spencer Morgan, Junius Spencer Morgan II, Mary Lyman Burns (born Morgan), Juliet Morgan, Juliet Pierpont Morgan, Lucy Goodwin (born Morgan), Mary Smith (born Morgan), Cedar Hill Cemetery, Hartford, Hartford, CT, United States, Cedar Hill Cemetery of Hartford, Connecticut. 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. WIKITREE PROTECTS MOST SENSITIVE INFORMATION BUT ONLY TO THE EXTENT STATED IN THE TERMS OF SERVICE AND PRIVACY POLICY. Junius Spencer Morgan III married Emma Louise Converse and had 2 children. Biography and associated logos are trademarks of A+E Networksprotected in the US and other countries around the globe. 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. Joseph Morgan made a fortune from his holdings. Just do what you can. 1892-1960. % Get a Britannica Premium subscription and gain access to exclusive content. [64], In February 1842, his father-in-law John Pierpont was suggested as a leading candidate for the Liberty Party nomination for Governor of Massachusetts. Wife/Partner: Juliet PIERPONT Children: John Pierpont MORGAN ; Mary Lyman (m. Walter Hayes Burns) [10] [14] During the Great Depression he took heavy financial losses. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Find Junius Spencer Morgan stock photos and editorial news pictures from Getty Images. Morgan & Co. Junius had a strong role in getting his son into the best educational schools he had access to, as well as mentoring him on successful business habits. West Springfield, Mass., prospered at investment banking. Junius Spencer Morgan Events. We are featuring this profile in the Connection Finder this week. [62], Like his father, Morgan was a strong supporter of the Whig Party. junius spencer morgan great grandchildren. contains thousands of pictures and GeneaStars. Born into a prominent New England family in 1837, J.P. Morgan began his career in the New York financial industry in the late 1850s. John Pierpont Morgan Jr. (1867-1943) . 1890 death: From grandparents to grandchildren In the mid-20th century, he started to allow his friends and family to build houses on there, each with five or six acres of land. West Springfield, Mass., prospered at investment banking. contains thousands of pictures and GeneaStars. Junius S. Morgan III, U.S.N., of 'Salutation' Glen Cove, Long Island, N.Y. zoom_in 2 images. Categories: Cedar Hill Cemetery, Hartford, Connecticut | Financiers | RMS Titanic | Titanic's Just-Missed-It Club | White Star Line | Featured Connections | United States of America, Notables | Notables, WIKITREE HOME | ABOUT | G2G FORUM | HELP | SEARCH. contient des milliers de photos et GeneaStars. He passed away on 19 Oct 1960 in Simcoe, Norfolk, Ontario. Junius Spencer Morgan, III won (41%) against 2 opponents. 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. [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. Junius Spencer Morgan (1867-1932), Class of 1888, and A.M. 1896, was a nephew of the celebrated John Pierpont Morgan, the great financier. 1844 child birth: Mary Lyman Morgan b. 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, rootsweb: Click Here gnalogique Dowling avec plus d'un demi-million de parents, Funny to see that hes my 6th cousin as Im taking a work break from sending documents to JP Morgan Chase . The estate, located near Glen Cove, also has a remarkable history. [14][15] He was soon among the nation's financial elite. 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. Have you taken a DNA test? in Hartford, Connecticut, USA , United States, Died on March 31, 1913 Please refer to the appropriate style manual or other sources if you have any questions. 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. [15] Through his mother, he was a first cousin to Henry Grew Crosby (1898-1929). Junius Spencer Morgan. Login to find your connection. He helped to achieve railroad rate stability and discouraged overly chaotic competition in the East. Regardless, Morgan continued to exert his authority in both industries and in government. Morgan and his partners actively promoted great mergers after 1922 and controlled . 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. gnalogique Dowling avec plus d'un demi-million de parents, 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. He remained as a clerk for five years, gaining exposure to the banking industry, as well as a number of mercantile trades in Boston and New York. 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! Junius Spencer Morgans manor, named Salutation, is one of the few remaining estates still privately owned. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. Please enable JavaScript in your browser's settings to use this part of Geni. The compound is being offered as a whole, meaning no individual houses are available for sale separately. 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. 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. 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. Junius Spencer Morgan (April 14, 1813 April 8, 1890) was an American banker and financier, born at West Springfield (now Holyoke), Massachusetts, USA. "If you have to ask how much it costs, you can't afford it." He also financed industrial consolidations that formed General Electric, U.S. Steel, and International Harvester. 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. He began his business career in 1829 by entering the employ of Alfred Welles, of Boston, with whom he continued until he became of age.--In July, 1834, he joined the banking-house of Morgan, Ketchum and Co., of New York, but he returned to Hartford about eighteen months later. Father Joseph Morgan (Spencer) II. Omissions? Following the death of Drexel that year, Pierpont again reorganized his company into J.P. Morgan & Co. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General .
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