Junius Spencer Morgan, 1813-90, b. J P Morgan. Initially a smart but indifferent student, he began showing improved grades by the time he attended English High School in Boston. contains thousands of pictures and GeneaStars. The firm soon became a major player in the steel industry by financing the formation of Federal Steel in 1898. Junius Spencer Morgan I. John Pierpont Morgan 1837-1913 Married in 1861, New York, NY, to Amelia . [66], At his death, he left a fortune of $12,400,000 (equivalent to $370,000,000 today). [49] Together, they had:[50][51], Morgan poured tremendous effort into his son and heir J. Pierpont. "[48], In 1836, Morgan married Juliet Pierpont (18161884), daughter of John Pierpont (17851866), a poet, lawyer, merchant, and Unitarian minister. Sarah Spencer Morgan (1893-1949), married Henry B. Gardner (1891-1932) in 1913. In 1861 Morgan became the agent for his fathers banking company in New York City. 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. 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. 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. Through his mother, he was a first cousin to Henry Grew Crosby (1898-1929). 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. 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 world's foremost financial figures during the two pre-World War I decades. 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 map below shows the places where the ancestors of the famous person lived. junius spencer morgan 30 Nov. junius spencer morgan. If not, see our friends at Ancestry DNA. 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. The . WIKITREE HOME | ABOUT | G2G FORUM | HELP | SEARCH. This page was last edited on 25 February 2023, at 17:50. Pierpont, as he preferred to be . John Pierpont Morgan was born in the spring of 1837 to Junius Spencer Morgan and Juliet Pierpont. in Hartford, Connecticut, USA , United States, Died on March 31, 1913 IMPORTANT PRIVACY NOTICE & DISCLAIMER: YOU HAVE A RESPONSIBILITY TO USE CAUTION WHEN DISTRIBUTING PRIVATE INFORMATION. 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. 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. Enter a grandparent's name. Corrections? He received an A.B. 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. Through his New York social circle, Morgan grew close to Amelia "Memie" Sturges, the daughter of a successful merchant. 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. 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. John Pierpont Morgan was an American financier and investment banker during the Gilded Age. 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. junius spencer morgan great grandchildren In accordance with the legal provisions, you can ask for the removal of your name and the name of your minor children. More:Gatsby-esque Mansion on Long Island Gets $15M Chopped Off its $100M Asking Price. The Virginian-Pilot from Norfolk, Virginia on September 28, 1962 38 The firm gave Morgan access to global markets, exporting and financing cotton and other goods shipped from Boston harbor. In time Junius allowed friends to build on the island. Why J. P. Morgan Jr. Was More Important Than His Father! VIRGIL | Princeton University Library Special Collections Morgan led a syndicated bond issue of 10,000,000, which the syndicate sold at 15 points below par. His first venture, in 1891, was to arrange the merger of Edison General Electric and Thomson-Houston Electric Company to form General Electric, which became the dominant electrical-equipment manufacturing firm in the United States. 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. the tall man aboriginal spirit; metadata api request failed: component conversion failed: file_ended; caleb foote sandlot Omissions? Please enable JavaScript in your browser's settings to use this part of Geni. junius spencer morgan junius spencer morgan. Junius Morgan | PureHistory After finishing his education in 1857, Morgan moved to New York to work as a clerk at Duncan, Sherman & Co., the American branch of his father's firm. J.P. Morgan is remembered as such a dominant figure in American capitalism that it seemed to many that he ran the entire economy, able to pull strings anywhere. [40], In 1873, Morgans American presence dramatically increased after the failure of Jay Cookes banking empire. 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. The yearly tax for the property is about $570,000. Sarah Spencer Morgan Morgan 1839 - 1896. [4] In 1880, he and his family were living in New York City. Morgan | Encyclopedia.com "John Pierpont Morgan was an American financier, banker, philanthropist, and 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. [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. Junius Spencer Morgan (April 14, 1813 April 8, 1890) was an American banker and financier, born at West Springfield (now Holyoke), Massachusetts, USA. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. Junius Spencer Morgan - Wikiwand In 1915, he married Louise, daughter of the celebrated composer Frederick S. Converse and a great-granddaughter of the "Ice King" Frederic Tudor. 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 . Morgan was born on April 14, 1813, in Holyoke, Massachusetts to Joseph and Sarah Morgan. J.P. Morgan - The Life and Deals of America's Banker: Insight and He was interred at the family lot in Cedar Hill Cemetery in Hartford. Morgan. For the optimum Mansion Global experience, please turn off any ad blockers and refresh this page. John Pierpont Morgan (1837-1913) - WikiTree The executives eventually agreed to terms in what became known as the Corsair Compact. J.P. Morgan | Biography & Facts | Britannica 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. Morgan urged Pierpont to withdraw his name from consideration, and he did. 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. 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. junius spencer morgan great grandchildren. 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. Just do what you can. 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. 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. walmart springfield, mo tire and lube hours . [7] Upon his death, his artwork collection was donated. J.P. Morgan - Biography, Financier & Wealth - HISTORY 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. Geni requires JavaScript! Sunset 6:13. 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. He became the junior partner of the banking-firm of Dabney, Morgan and Co. in 1864, and that of Drexel, Morgan and Co. in 1871. West Springfield, Mass., prospered at investment banking. 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. Junius Spencer Morgan - Wikidata 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. Sitelinks. Full text of "Cynthiana democrat (The), 2014-10-16" A protracted legal battle was settled when the Supreme Court ruled in favor of the government in 1904. 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.