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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. Through his mother, he was a first cousin to Henry Grew Crosby (1898-1929). We once thought it was a combination of the least attractive elements of Junior and Julius but now we think.well, we think it's okay. Get a Britannica Premium subscription and gain access to exclusive content. 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. Shares the stories you may have missed from the world of luxury real estate. 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. 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. It was this fortune which eventually placed J.P. Morgan's father, Junius Spencer Morgan, in the banking business. 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. Their daughter, Mary Ethel Burns (d. 1961) married, Junius Spencer Morgan Jr (18461850), who died young. Having ceased to undertake large industrial reorganizations, Morgan thereafter concentrated on amassing control of various banks and insurance companies. The Dowling Family Tree with over half a million relatives, In time Junius allowed friends to build on the island. "[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. He then reassured a skeptical President .css-47aoac{-webkit-text-decoration:underline;text-decoration:underline;text-decoration-thickness:0.0625rem;text-decoration-color:inherit;text-underline-offset:0.25rem;color:#A00000;-webkit-transition:all 0.3s ease-in-out;transition:all 0.3s ease-in-out;}.css-47aoac:hover{color:#595959;text-decoration-color:border-link-body-hover;}Grover Cleveland by citing an obscure 1862 statute that gave the Secretary of the Treasury the power to pull off such a transaction without congressional approval. Junius Spencer Morgan and his family lived on the island for decades. 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. Married 2 May 1836 to Juliet Pierpont, born 30 July 1816 - Baltimore, Baltimore Co., MD, deceased 23 February 1884 aged 67 years old (Parents : John C. Pierpont, Rev. [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. Spencer was on the show to talk about his new Disney+ documentary, Finding Michael, released on Friday. 1890 death: From grandparents to grandchildren Contents. The PEDIGREE of Junius Spencer MORGAN (major banker; founder & eponym of J.S. contient des milliers de photos et GeneaStars. He contributed money to Trinity College, Hartford. 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. Along with amassing immense wealth through the creation of such corporations as U.S. Steel, Morgan led efforts to bail out the U.S. Treasury in 1895 and 1907. in Hartford, Connecticut, USA , United States, Died on March 31, 1913 Mountain Landscape with Bridge over Waterfall. Outgoing letters are addressed to her sister, Mary Kirkland Tracy. [63] Morgan was a close friend of the Whig politician and diplomat Abbott Lawrence. By the early 1900s, Morgan was the main force behind the Trusts, controlling virtually all the basic American industries. [14], On May 15,[16] 1853, at the recommendation of James Beebe, Morgan visited the American banker George Peabody in London. 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. He was a devout Episcopalian. The carriage hit a pile of stone and Morgan was thrown against the wall. Born 14 Apr 1813 in Hartford, Hartford, Connecticut, United States. CONTENT MAY BE COPYRIGHTED BY WIKITREE COMMUNITY MEMBERS. [1] Career If not, see our friends at Ancestry DNA. 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 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. " Linked to: Timothy Michael Dowling, 6th cousin 5x removed, {{ mediasCtrl.getTitle(media, true) }} Peabody also forced unfavorable terms on Morgan's lease of the bank's 22 Old Broad Street offices. His book collection and the building that housed them in New York City became a public reference library in 1924. [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. In 1902 Morgan brought together several of the leading agricultural-equipment manufacturers to form the International Harvester Company. He is buried in Cedar Hill Cemetery in Hartford, Connecticut.[8][9]. Read reviews from world's largest community for readers. 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 (April 14, 1813 April 8, 1890) was an American banker and financier, born at West Springfield (now Holyoke), Massachusetts, USA. Dowling Letter from her son, J.P. Morgan, Jr., dated Oct. 1891 describes the family's new yacht, Corsair. Morgan & Co. into the upper ranks of international finance. Dowling Please refer to the appropriate style manual or other sources if you have any questions. He later attended high school in Boston, specializing in mathematics. Father Joseph Morgan (Spencer) II. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. All Rights Reserved. great grandfather. 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. Family Life JP Morgan Jr. married Jane Norton Grew. Sorry! Just one grandparent can lead you to many Junius Spencer Morgan, 1813-90, b. In October 1858, Field's cable broke, delaying the project's completion another eight years until 1866. Sunset 6:13. Linked to: Timothy Michael Dowling, 7th cousin 4x removed We are not responsible for any loss that you may incur as a result of relying on these currency conversions. Descendants. The immense scope of Morgan's power came to light in the wake of the Panic of 1893. Morgan's life and career took another turn after the death of his father in 1890. [23], By 1856, Peabody was confident enough in Morgan to leave him in sole care of the business while Peabody took an extended tour of the United States. In 1870, after the Battle of Sedan and the establishment of a provisional French Third Republic in Tours, Barings and Rothschilds were unwilling to establish a line of credit for the new government. the tall man aboriginal spirit; metadata api request failed: component conversion failed: file_ended; caleb foote sandlot .css-m6thd4{-webkit-text-decoration:none;text-decoration:none;display:block;margin-top:0;margin-bottom:0;font-family:Gilroy,Helvetica,Arial,Sans-serif;font-size:1.125rem;line-height:1.2;font-weight:bold;color:#323232;text-transform:capitalize;}@media (any-hover: hover){.css-m6thd4:hover{color:link-hover;}}Elon Musk. (1892 - 1960) Photos: 745. 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. Please enable JavaScript in your browser's settings to use this part of Geni. As a boy he became a dry-goods clerk in Boston; later he entered a brokerage house in New York City. 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. J.P. Morgan - The Life and Deals of America's Banker: Insight and Analysis into the Founder of Modern Finance and the American . Nathaniel's son, Joseph Morgan, was the fifth of seven children. [65], On April 3, 1890, Morgan took an afternoon carriage ride through Monte Carlo. Touring the world with friends one mile and pub at a time; southlake carroll basketball. Inscription: Signed in pen and black ink, at lower right, "Junius March 10 / 1902". Omissions? This article was most recently revised and updated by, https://www.britannica.com/biography/J-P-Morgan, Constitutional Rights Foundation - J P Morgan, The Panic of 1907 and the Federal Reserve Act, Philanthrophy Roundtable - Biography of J. P. Morgan, NETSTATE - Biography of John Pierpont Morgan, John Pierpont Morgan - Children's Encyclopedia (Ages 8-11), J. Pierpont Morgan - Student Encyclopedia (Ages 11 and up). 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. 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. Mary Lyman Morgan Burns 1844 - 1919. 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. . With his son's aid, Morgan grew his banking house into a trans-Atlantic . If so, login to add it. % Morgan's Death. Joseph Morgan made a fortune from his holdings. Junius Spencer. Miles Morgan, ancestor to the Morgan family in America, emigrated from Bristol, England to Boston in 1636. J.P. Morgan was known for reorganizing businesses to make them more profitable and stable and gaining control of them. rootsweb: Click Here Margaret Geer Walker lives there, Anonymous @ 2021-02-06 20:05:03 . At the age of 21, he became a soldier in the company of Captain Josiah Kellogg of Suffield. [60], He contributed money to the Hartford Free Library,[61] his church and to Trinity College, Hartford. 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) 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 "John Pierpont Morgan was an American financier, banker, philanthropist, and art collector . This house is among the chief negotiators of railroad bonds, and was active in the reorganization of the West Shore railroad and its absorption by the New York Central railroad. 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. J. P. Morgan was born and raised in Hartford, Connecticut, to Junius Spencer Morgan (18131890) and Juliet Pierpont (18161884) of Boston, Massachusetts. Morgan Family. 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. 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. 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. Wife/Partner: Juliet PIERPONT Children: John Pierpont MORGAN ; Mary Lyman (m. Walter Hayes Burns) {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. When Junius Spencer Morgan III was born on 15 March 1892, in London, England, United Kingdom, his father, John Pierpont "Jack" Morgan Jr., was 24 and his mother, Jane Norton Grew, was 23. Corrections? 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. Morgan led a syndicated bond issue of 10,000,000, which the syndicate sold at 15 points below par. junius spencer morgan great grandchildren. In semi-retirement by the time the crisis was resolved, Morgan devoted much of his energy to his art collection and philanthropy. The largest online newspaper archive; 22,800+ newspapers from the 1700s-2000s; Millions of additional pages added every month In October 1861, Morgan married Amelia Sturges in Manhattan, New York. [44] By the 1880s, Junius's health began to fade, and he stepped back from day-to-day business. In 1836, he married John Pierpont Morgan's mother, Juliet. J. Pierpont Morgan is arguably the most famous banker in American history, b. Morgan demurred but eventually accepted, joining the firm as junior partner in October 1854. 1844 d. 1919. Husband of Juliet (Pierpont) Morgan married 2 May 1836 in Hartford, Hartford County, Connecticut. There are no volunteers for this cemetery. The Dowling Family Tree with over half a million relatives, 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. Articles from Britannica Encyclopedias for elementary and high school students. Geneastars | Facebook. Lucy was the mother of James J. Goodwin and the Rev. We may earn commission from links on this page, but we only recommend products we back. %PDF-1.3 Posted at 21:44h in bonobos walmart acquisition by mexico city time change. Under this name the house has grown in strength and influence until at present it ranks among the great banking-houses of the world. Father of John Pierpont Morgan, Sr.; Sarah Spencer Morgan; Mary Lyman Burns; Junius Spencer Morgan and Juliet Morgan He died in Rome in 1913, leaving behind a world-renowned art collection and a business that remained a financial powerhouse into the 21st century. John Pierpont Morgan was born into a prominent New England family on April 17, 1837, in Hartford, Connecticut. We are all related! The assistant librarian was Junius Spencer Morgan, nephew of wealthy financier J. P. Morgan. 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. It was not really a question of price. 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. 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. Regardless, Morgan continued to exert his authority in both industries and in government. In accordance with the legal provisions, you can ask for the removal of your name and the name of your minor children. He brought in other major . For the optimum Mansion Global experience, please turn off any ad blockers and refresh this page. "To acquire an entire island of this magnitude and beauty is a once-in-a-lifetime opportunity," Ms. Devendorf said, adding that it lies within an hours drive from New York City (the island has a private causeway connecting to the mainland) and is less than 30 minutes by air or sea to the city. 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. 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. He took on a prominent role in London society, hosting many social gatherings at his homes on Hyde Park and at Roehampton.[32][33]. [11], Though married in his father-in-law's Unitarian church, Morgan attended his own father's Episcopal church in Hartford. Funny to see that hes my 6th cousin as Im taking a work break from sending documents to JP Morgan Chase . Connecticut to Junius Spencer Morgan (1813-1890) and Juliet Pierpont (1816-1884) of Boston, Massachusetts. << /Length 6 0 R /Filter /FlateDecode >> He received an A.B. 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. Drexel allied his bank with Peabody's through Morgan, forming one of the most powerful and important banking alliances in American history. Please try again. 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. The Morgan Memorial served as a prototype for the Pierpont Morgan wing of the Metropolitan Museum of Art. We know it's short notice, so don't fret too much. A man I do not trust could not get money from me on all the bonds in Christendom. [35], Still, Morgan was ambitious to place his bank on par with the Rothschilds and Barings Bank. Railroad securities were further weakened by the Credit Mobilier scandal. At his death, in 1890, he left a fortune estimated at about $10,000,000. He was of Hartford, Conn., but later associated with the Banking-house of Peabody & Morgan of London, England, where he resided many years. 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. There is a "921 PPP Without Project Account and without ProjectBox" error that needs corrected. Junius Spencer Morgan, 1813-90, b. Morgan at the time was building a library at the corner of Madison Avenue and 38th Street in New York City and was looking for someone to help him cultivate his growing collections. The firm soon became a major player in the steel industry by financing the formation of Federal Steel in 1898. Kindle $10.99 Rate this book The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance Ron Chernow 3.94 10,223 ratings515 reviews The winner of the National Book Award and now considered a classic, The House of Morgan is the most ambitious history ever written about an American banking dynasty. 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. Cloudy and con- tii.upd cool Warren Temp.. Hig-h iO: Low 35. Enter a grandparent's name. Three years later he began financing a series of giant industrial consolidations that were to reshape the corporate structure of the American manufacturing sector. 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 They were the . By estimates, there were about 150 lavish estates built during that time, the majority of which have been turned into hotels and residential compounds. ; His Body Will Be Interred In Cedar Hill Cemetery, Hartford", https://en.wikipedia.org/w/index.php?title=Junius_Spencer_Morgan&oldid=1141561297, Sarah Spencer Morgan (18391896), who married George Hale Morgan (18401911), Mary Lyman Morgan (18441919), who married Walter Hayes Burns (18381897). 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 . He is buried in Cedar Hill Cemetery, Hartford, Connecticut. 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. J.P. Morgan cofounded (1871) the banking company Drexel, Morgan and Company. -- PBS Online, 1999, {{ mediasCtrl.getTitle(media, true) }} Enter a grandparent's name. [38], Another windfall arrived at Morgan's doorstep that same year when Philadelphia's Anthony Drexel proposed an affiliation with J. S. Morgan & Co. Drexel was then Philadelphia's second power in government finance after Jay Cooke. 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. 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. Morton. The executives eventually agreed to terms in what became known as the Corsair Compact. MORGAN. Charcoal and stumping on wove paper. Junius Spencer Morgan was an incredibly successful banker and financier, as he founded the bank J.S. Quick access. J P Morgan. Beebe, Morgan and Co., became one of the largest dry-goods establishments in the United States. Morgan was one of the greatest art and book collectors of his day, and he donated many works of art to the Metropolitan Museum of Art in New York City. The firm did a general banking and brokerage business and had a few foreign clients. [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. They maintained a twice-weekly correspondence for thirty-one years, which Pierpont burned in 1911.[58]. 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. Junius Spencer Morgan 1846 - 1858. Junius Spencer Morgan I. Let us know if you have suggestions to improve this article (requires login). Nous sommes tous Morgan successfully led the American financial communitys attempt to avert a general financial collapse following the stock market panic of 1907. 100 J P Morgan Quotes (John Pierpont Morgan Quotes) 1 2 3. 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. 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. Joseph personally bought the stakes of Aetna investors who hesitated to pay on the policies. While every effort has been made to follow citation style rules, there may be some discrepancies. 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. Today it is the Morgan Library & Museum . Pierpont, as he preferred to be known, had a varied education due in part to interference by his father, Junius. The would-be assassin, apparently of German . junius spencer morgan 30 Nov. junius spencer morgan. Sarah Spencer Morgan (1893-1949), married Henry B. Gardner (1891-1932) in 1913. The ship subsequently sank with great loss of life. L'arbre 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. 5 0 obj 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. Updates? Junius Morgan book. Contents Early life Career Personal life References Early life Morgan was born on April 14, 1813 in Holyoke, Massachusetts. Initially a smart but indifferent student, he began showing improved grades by the time he attended English High School in Boston. Junius Spencer Morgan. L'arbre . After Junius's move to London, Pierpont was his father's primary source of intelligence on American conditions. [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. [6], In April 1833, Alfred Welles offered Morgan a partnership in his firm; he accepted against his father's wishes. 1813 birth: . He began working for his father at a young age and attended the University of Gottingen, a German language school. Pierpont also joined Drexel's Philadelphia firm and his Paris firm, giving the Morgans footholds in four cities. Father. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Ancestors. Morgan members were notable for dominating the banking industry during . "If you have to ask how much it costs, you can't afford it." 1902. [39], Morgan was now the wealthiest American banker in London and moved into a Knightsbridge mansion facing the south side of Hyde Park. 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. [66], At his death, he left a fortune of $12,400,000 (equivalent to $370,000,000 today). Primary source of wealth: J. P. Morgan & Co.. . Peabody pledged the bank could continue to use his name and if necessary, some capital. ", 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. 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. He suffered a broken wrist and concussion and was unconscious for five days until his death on April 8, 1890. [62], Like his father, Morgan was a strong supporter of the Whig Party. 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.

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junius spencer morgan great grandchildren