Biography and associated logos are trademarks of A+E Networksprotected in the US and other countries around the globe. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General . 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. He is buried in Cedar Hill Cemetery in Hartford, Connecticut.[8][9]. 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. In accordance with the legal provisions, you can ask for the removal of your name and the name of your minor children. Read reviews from world's largest community for readers. [7][6] He remained at the firm until his father's death in 1847. In one early example of his ingenuity, Morgan was in New Orleans for business when he encountered a ship captain with a boatload of coffee and no buyer. 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. The PEDIGREE of Junius Spencer MORGAN (major banker; founder & eponym of J.S. Aptly-named House Island comes w/ 4 houses, 5 beaches and 12.8 acres. Spouses, children, grandchildren and great-grandchildren. Adrian Wooldridge characterized Morgan as America's "greatest banker".[1]. 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. An error has occured while loading the map. Junius Spencer Morgan and his family lived on the island for decades. 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. 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. junius spencer morgan great grandchildren. Nathaniel's son, Joseph Morgan, was the fifth of seven children. 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. 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! Morgan urged Pierpont to withdraw his name from consideration, and he did. . He then acquired control of many leading financial and insurance companies. Junius S. Morgan III, U.S.N., of 'Salutation' Glen Cove, Long Island, N.Y. zoom_in 2 images. After the death of his wife Juliet in 1884, he withdrew further from business. [49] Together, they had:[50][51], Morgan poured tremendous effort into his son and heir J. Pierpont. Having financed the creation of the Federal Steel Company in 1898, Morgan in 1901 joined in merging it with the giant Carnegie Steel Company and other steel companies to form United States Steel Corporation, which was the worlds first billion-dollar corporation. gnalogique Dowling avec plus d'un demi-million de parents, For the optimum Mansion Global experience, please turn off any ad blockers and refresh this page. Within a year, the business struggled sufficiently that Joseph Morgan had to bail his son out and dissolve the partnership. Regardless, Morgan continued to exert his authority in both industries and in government.
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