Morgan urged Pierpont to withdraw his name from consideration, and he did. During his residence in Hartford, Mr. Morgan was active in the affairs of the Protestant Episcopal church, and also in various charitable enterprises. The ship subsequently sank with great loss of life. the tall man aboriginal spirit; metadata api request failed: component conversion failed: file_ended; caleb foote sandlot Morgan. Upon his father's death, he inherited part of Chicopee Field. L'arbre In 1861 Morgan became the agent for his fathers banking company in New York City. He is buried in Cedar Hill Cemetery, Hartford, Connecticut. As they sailed up and down the Hudson River, Morgan made it clear that the yacht would not return to port until they reached a compromise that fostered suitable competition. Morgan was born on April 14, 1813, in Holyoke, Massachusetts to Joseph and Sarah Morgan. The . The TV star, who was aged just 10 when it happened, retold Alex Jones and Roman Kemp about . Morgan demurred but eventually accepted, joining the firm as junior partner in October 1854. L'arbre Joseph Morgan made a fortune from his holdings. 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 . J. P. Morgan. Junius Spencer Morgan (April 14, 1813 April 8, 1890) was an American banker and financier, born at West Springfield (now Holyoke), Massachusetts, USA. [65], On April 3, 1890, Morgan took an afternoon carriage ride through Monte Carlo. Father Joseph Morgan (Spencer) II. 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. << /Length 6 0 R /Filter /FlateDecode >> Major children and living persons must directly contact the. Wikipedia (8 entries) edit. 1892-1960. [44] By the 1880s, Junius's health began to fade, and he stepped back from day-to-day business. An error has occured while loading the map. Brother of Archilles Morgan; Lucy Goodwin and Mary Morgan, http://en.wikipedia.org/wiki/Junius_Spencer_Morgan. He received an A.B. John Pierpont Morgan was born into a prominent New England family on April 17, 1837, in Hartford, Connecticut. Junius Origin and Meaning The name Junius is boy's name of Latin origin meaning "born in June". [42], In 1877, Morgan began a semiretirement, cutting back on his schedule and ceding greater authority to his son. arwiki . Omissions? They were the parents of at least 2 sons and 1 daughter. ; The Result Of The Banker's Recent Accident At Monte Carlo", "Mrs. Morgan's Funeral. J. P. Morgan was born and raised in Hartford, Connecticut, to Junius Spencer Morgan (18131890) and Juliet Pierpont (18161884) of Boston, Massachusetts. The yearly tax for the property is about $570,000. Sarah Spencer Morgan (1893-1949), married Henry B. Gardner (1891-1932) in 1913. [6], Morgan enjoyed collecting expensive and valuable paintings and gems and was passionate about yacht racing. He then looked to the financial and insurance industries, in which his banking firm also achieved a concentration of control. 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. % In 1907, Hartford-born J. Pierpont "J.P." Morgan, a Gilded Age banking tycoon, proposed building the Junius Spencer Morgan Memorial in his father's honor. In October 1858, Field's cable broke, delaying the project's completion another eight years until 1866. Northern Securities held the majority of shares in the Northern Pacific, the Great Northern and the CB&Q railroads, giving Morgan control of approximately one-third of the country's railways. [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. . father: Junius Spencer Morgan mother: Juliet Pierpont children: Anne Morgan, J. P. Morgan Jr., Juliet Pierpont Morgan, Louisa Pierpont Morgan Born Country: United States Bankers American Men Died on: March 31, 1913 place of death: The St. Regis Rome, Rome, Italy U.S. State: Connecticut City: Hartford, Connecticut The assistant librarian was Junius Spencer Morgan, nephew of wealthy financier J. P. Morgan. Morgan III. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. "It takes a very special buyer for this trophy property," Ms. Devendorf said, "But its a once-in-a-lifetime opportunity. Adrian Wooldridge characterized Morgan as America's "greatest banker".[1]. They married in May 1865 and had four children, with son John Pierpont "Jack" Morgan Jr. going on to take over his father's business many years later. In 1902, the Justice Department charged Northern Securities with violating the Sherman Antitrust Act of 1890. "[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. In 1915, he married Louise, daughter of the celebrated composer Frederick S. Converse and a great-granddaughter of the "Ice King" Frederic Tudor. Born 14 Apr 1813 in Hartford, Hartford, Connecticut, United States. 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. Hearst Magazine Media, Inc. Site contains certain content that is owned A&E Television Networks, LLC. All charts include source citations for ancestors in the charts. 2008 - 2023 INTERESTING.COM, INC. Margaret Geer Walker lives there, Anonymous @ 2021-02-06 20:05:03 . Morgan Genealogy: A History of James Morgan, of New London, Conn. After all-night negotiations went nowhere, Morgan ended the stalemate by drawing up a bailout contract and ordering the exhausted presidents to sign. Dowling from Harvard University in 1914. This earned Morgan the occasional distrust of the federal government and the enmity of reformers and muckrakers throughout the country, but he remained the dominant figure in American capitalism until his death in 1913. Please refer to the appropriate style manual or other sources if you have any questions. "[48], In 1836, Morgan married Juliet Pierpont (18161884), daughter of John Pierpont (17851866), a poet, lawyer, merchant, and Unitarian minister. 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. In 1836, he married John Pierpont Morgan's mother, Juliet. 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. 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. Actually, although John Pierpont Morgan's father was indeed named Junius Spencer Morgan, this was not his home. Morgan & Co. into the upper ranks of international finance. Birth 14 April 1813 - West Springfield, Massachusetts. During 186471 he was a member of the firm of Dabney, Morgan and Company, and in 1871 he became a partner in the New York City firm of Drexel, Morgan and Company, which soon became the predominant source of U.S. government financing. Some of Peabody's own creditors, including rival Barings Bank, demanded immediate payment on their debts. Submit a correction or make a comment about this profile. 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. Primary source of wealth: J. P. Morgan & Co.. . As a boy he became a dry-goods clerk in Boston; later he entered a brokerage house in New York City. [63] Morgan was a close friend of the Whig politician and diplomat Abbott Lawrence. Junius Spencer Morgan. He contributed money to Trinity College, Hartford. 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. aged 75years old. 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. Sorry! There is 1 volunteer for this cemetery. [7], In January 1836, Morgan's father bought him a partnership in the Hartford wholesale dry goods house of Howe Mather & Co., the largest in Hartford. Philanthropist, Industrialist, Businessman, American financier, banker, philanthropist and art collector, Born on April 17, 1837 Their daughter, Mary Ethel Burns (d. 1961) married, Junius Spencer Morgan Jr (18461850), who died young. Born on December 3, 1702, Joseph began to learn to weave at a young age. 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 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. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. 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. L'arbre Candidates . He reorganized several major railroads and financed industrial consolidations that formed the United States Steel, International Harvester, and General Electric corporations. He founded J. S. Morgan & Co. Cloudy and con- tii.upd cool Warren Temp.. Hig-h iO: Low 35. Biography and associated logos are trademarks of A+E Networksprotected in the US and other countries around the globe. Spouses, children, grandchildren and great-grandchildren. Our editors will review what youve submitted and determine whether to revise the article. [2], The Morgan name is traced to Carmarthen, Wales, with his earliest known ancestor being Hyfaidd ap Bleddri, third son of Bledri ap Cydifor of Wales. He was of Hartford, Conn., but later associated with the Banking-house of Peabody & Morgan of London, England, where he resided many years. Best Known For: 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. He married in 1836 Juliet, daughter of John Pierpont, the poet (q. contient des milliers de photos et GeneaStars. WIKITREE HOME | ABOUT | G2G FORUM | HELP | SEARCH. The executives eventually agreed to terms in what became known as the Corsair Compact. J. Pierpont Morgan is arguably the most famous banker in American history, b. He took on a prominent role in London society, hosting many social gatherings at his homes on Hyde Park and at Roehampton.[32][33]. There are no volunteers for this cemetery. However, he soon encountered resistance from President Theodore Roosevelt, who sought to leverage the populist tide against the wealthy "robber barons" of Wall Street. By estimates, there were about 150 lavish estates built during that time, the majority of which have been turned into hotels and residential compounds. Having ceased to undertake large industrial reorganizations, Morgan thereafter concentrated on amassing control of various banks and insurance companies. Read reviews from world's largest community for readers. Login to find your connection. [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. [4] [5] Career. Morgan used his company's funds to purchase the coffee, and then sold it to local merchants for a profit. 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) Junius Spencer Morgan, III won (41%) against 2 opponents. [20] Some of Peabody's largest clients suspended business or failed entirely, and Duncan Sherman was unable to pay its remittances without assistance. CONTENT MAY BE COPYRIGHTED BY WIKITREE COMMUNITY MEMBERS. 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. Harriet Nickerson , William Lord, Alice Anna GAYLORD , Richard TREAT, Blanche de BRIENNE , Guillaume de FIENNES, Elizabeth x , Nathan Lynde. [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. We are all related! Junius Spencer Morgan III married Emma Louise Converse and had 2 children. 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. In 1907, Morgan again was called to aid the U.S. government in the grips of economic panic.