J. S. Morgan began collecting as a student, and was early attracted to Virgil probably through the influence of Dean West. When American grain (and consequently rail) prices fell dramatically after the resolution of the Franco-Prussian War, Cookes heavy investment in the Northern Pacific Railway was no longer sufficient to meet liabilities. The Morgan Mansion was built in 1897 by Junius Spencer Morgan and Josephine Perry Morgan. In April 1912 Morgan had a booking on the maiden voyage of White Stars Titanic but was forced to cancel, reportedly because of an illness. He received an A.B. Morgan's astounding success transformed the financial industry and left behind a powerful legacy. . [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. Find Junius Spencer Morgan stock photos and editorial news pictures from Getty Images. In September 1851, Morgan passed the entrance exam for the English High School of Boston, a school specializing in mathematics to prepare young men for careers in commerce. Contents. This page was last edited on 25 February 2023, at 17:50. His book collection and the building that housed them in New York City became a public reference library in 1924. discoveries. Through his mother, he was a first cousin to Henry Grew Crosby (1898-1929). "John Pierpont Morgan was an American financier, banker, philanthropist, and art collector . Juliet Pierpont Morgan (18471923), who was the mother of John Junius Morgan (d. 1952). Junius Spencer Morgan (April 14, 1813 April 8, 1890) was an American banker and financier, born at West Springfield (now Holyoke), Massachusetts, USA. 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. 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. [2] He grew up in New York and received an education that focused on math and history, as well as German and French, as his father believed there was great value in those subjects. The 27,000-square-feet stone manor has grand-scale living and entertaining spaces with views of the Long Island Sound, Manhattan and Connecticut. Junius Spencer Morgan, 1813-90, b. Candidates . L'arbre Morgan's life and career took another turn after the death of his father in 1890. 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. However, he soon encountered resistance from President Theodore Roosevelt, who sought to leverage the populist tide against the wealthy "robber barons" of Wall Street. With his son's aid, Morgan grew his banking house into a trans-Atlantic . The estate, located near Glen Cove, also has a remarkable history. 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. 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. [42], In 1877, Morgan began a semiretirement, cutting back on his schedule and ceding greater authority to his son. Just do what you can. Morgan was born on April 14, 1813, in Holyoke, Massachusetts to Joseph and Sarah Morgan. At his death, in 1890, he left a fortune estimated at about $10,000,000. 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. [66], At his death, he left a fortune of $12,400,000 (equivalent to $370,000,000 today). 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. [46], Morgan was, like his son, intensely private. 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. When healthy, he frequented galleries and concerts with his parents, sparking a lifelong fascination with the arts. The yearly tax for the property is about $570,000. Continuing with this request will add an alert to the cemetery page and any new volunteers will . [20][26] After the panic and near collapse of Peabody & Co., Morgan became a more cautious investor, demanding statements from all correspondent banks, even at the risk of offending them and even from well-respected former colleagues. We are all related! John Pierpont Morgan was born in the spring of 1837 to Junius Spencer Morgan and Juliet Pierpont. from Harvard University in 1914. J P Morgan. 1981.2:2 . The Morgan family was an American financial and banking dynasty, which became prominent in the U.S. and throughout the world in the late 19th century and early 20th century. [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. [6], In April 1833, Alfred Welles offered Morgan a partnership in his firm; he accepted against his father's wishes. He was generally emotionless, and his friend George Smalley praised his "grave, strong beauty" and his "eyes full of light" but a face that ended in an "immovable jaw. She married George Hale Morgan on 27 June 1866, in Connecticut, United States. Please try again. They were the . Patriarch of the Morgan family of millionaires: Junius Spencer Morgan: Business: 14-Apr-1813: 8-Apr-1890: J. S. Morgan and Company: Do you know something we don't? John Pierpont Morgan 1837-1913 Married in 1861, New York, NY, to Amelia . West Springfield, Mass., prospered at investment banking. Peabody also forced unfavorable terms on Morgan's lease of the bank's 22 Old Broad Street offices. 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. Biography and associated logos are trademarks of A+E Networksprotected in the US and other countries around the globe. In 1896, Morgan embarked on consolidations in the electric, steel (creating U.S. Steel, the world's first billion-dollar corporation, in 1901), and agricultural equipment manufacturing industries. We may earn commission from links on this page, but we only recommend products we back. 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. [6], Morgan enjoyed collecting expensive and valuable paintings and gems and was passionate about yacht racing. 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. It was not really a question of price. "John Pierpont Morgan (1837-1913) began his career in 1857 as an accountant, and worked for several New York banking firms until he became a partner in Drexel, Morgan and Company in 1871, which was reorganized as J.P. Morgan and Company in 1895. J. P. Morgan was born in Hartford, Connecticut to Junius Spencer Morgan (1813-1890) and Juliet Pierpont (1816-1884) of Boston, Massachusetts. Spouses, children, grandchildren and great-grandchildren. pigella miraculous ladybug power. [3] He worked for his father until he was able to take over the family business, leading him to become one of the most influential financiers in the world. Junius Spencer Morgan I (14 Apr 1813 - 8 Apr 1890) 0 references . 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. 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. " Junius Spencer Morgan Events. 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. [5] He made a fortune with Aetna in 1835, when Aetna covered Wall Street firms destroyed in the Great Fire of New York. Beebe, Morgan and Co., became one of the largest dry-goods establishments in the United States. Their relationship, though separated by an ocean and wildly divergent personalities, was close. 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 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. The firm soon became a major player in the steel industry by financing the formation of Federal Steel in 1898. Additionally, the lifelong art enthusiast began exponentially expanding an already impressive collection of valuable works. The assets of the House of Morgan fell 40% from $704 million to $425 million. lis! Joseph Morgan made a fortune from his holdings. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. [14][15] He was soon among the nation's financial elite. Login to find your connection. CONTENT MAY BE COPYRIGHTED BY WIKITREE COMMUNITY MEMBERS. Wikipedia (8 entries) edit. gnalogique Dowling avec plus d'un demi-million de parents, Francis Goodwin,[59] chairman of the Hartford Parks Commission. [31], Morgan became the active head of the firm in February 1859, with Peabody remaining the nominal senior partner. Wife/Partner: Juliet PIERPONT Children: John Pierpont MORGAN ; Mary Lyman (m. Walter Hayes Burns) The outdoor landscaping was overseen by Frederick Law Olmsted, the celebrated landscape architect responsible for Central Park, according to Ms. Devendorf. Actually, although John Pierpont Morgan's father was indeed named Junius Spencer Morgan, this was not his home. While Philadelphia banker Jay Cooke and those Wall Street banks with German ties made a bonanza during the war, Peabody & Co. had modest profits by comparison. 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. 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. 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. "If you have to ask how much it costs, you can't afford it." He entered business in Connecticut, operating a tavern, coffee house, and stagecoach line,[4] and was a founding partner in the Aetna Fire Insurance Company in 1819. [33] Even so, the bank's position in London may have prevented further profits; buying Union war bonds risked alienating the English textile industry, which was closely aligned with Confederate cotton plantations. 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. Having ceased to undertake large industrial reorganizations, Morgan thereafter concentrated on amassing control of various banks and insurance companies. Junius Spencer Morgan 1846 - 1858. discoveries. [49] Together, they had:[50][51], Morgan poured tremendous effort into his son and heir J. Pierpont. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. Though Peabody retired as promised, he denied Morgan the use of his name and capital. Notable with 921 PPP Without Project Account and without ProjectBox, http://www.brainyquote.com/quotes/authors/j/j_p_morgan.html, http://www.netstate.com/states/peop/people/ct_jpm.htm, http://www.pbs.org/wgbh/amex/1900/peopleevents/pande10.html, http://www.adr.com/Home/DisclaimerAndAgreement.aspx, http://www.biography.com/articles/John-Pierpont-Morgan-9414735, Cedar Hill Cemetery, Hartford, Connecticut. J. P. Morgan. Junius Spencer Morgan and his family lived on the island for decades. He began working for his father at a young age and attended the University of Gottingen, a German language school. IMPORTANT PRIVACY NOTICE & DISCLAIMER: YOU HAVE A RESPONSIBILITY TO USE CAUTION WHEN DISTRIBUTING PRIVATE INFORMATION. 2008 - 2023 INTERESTING.COM, INC. Major children and living persons must directly contact the. He also financed industrial consolidations that formed General Electric, U.S. Steel, and International Harvester. The Morgan name is traced to Carmarthen , Wales, and the first known Morgan family ancestral is Hyfaidd ap Bleddri, third son of Bledri of Wales. Select from premium Junius Spencer Morgan of the highest quality. Sunrise 7:55. Morgan Family. 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. Geni requires JavaScript! Adrian Wooldridge characterized Morgan as America's "greatest banker".[1]. [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. Drexel allied his bank with Peabody's through Morgan, forming one of the most powerful and important banking alliances in American history. Working with his son John Pierpont in New York, Morgan was able to receive news of the fall of Vicksburg via telegraph before it became general knowledge in London, buying up Union bonds before their prices rose. His father, Junius Spencer Morgan, was a businessman of note who had high expectations for his son Pierpoint and started training him at a very early age. [1] Career A protracted legal battle was settled when the Supreme Court ruled in favor of the government in 1904. Mountain Landscape with Bridge over Waterfall. L'arbre Design area: 5 1/4 x 8 7/16 inches (134 x 215 mm) Gift of Mr. John P. Morgan, II. ; The Result Of The Banker's Recent Accident At Monte Carlo", "Mrs. Morgan's Funeral. examples of olympic values Likes. Son of Joseph Morgan, III and Sarah "Sally" Morgan He married in 1836 Juliet, daughter of John Pierpont, the poet (q. Lucy was the mother of James J. Goodwin and the Rev. 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. Pierpont, as he preferred to be known, had a varied education due in part to interference by his father, Junius. 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. 1813 birth: . 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. contient des milliers de photos et GeneaStars. Morgan demurred but eventually accepted, joining the firm as junior partner in October 1854. In 1902, the Justice Department charged Northern Securities with violating the Sherman Antitrust Act of 1890. In 1886 he reorganized two more major railroads with the aim of stabilizing their financial base. John Pierpont Morgan Jr. (1867-1943) . 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. The assistant librarian was Junius Spencer Morgan, nephew of wealthy financier J. P. Morgan. [62], Like his father, Morgan was a strong supporter of the Whig Party. In 1836, he married John Pierpont Morgan's mother, Juliet. Geneastars | Facebook. Early life. He took on a prominent role in London society, hosting many social gatherings at his homes on Hyde Park and at Roehampton.[32][33]. In accordance with the legal provisions, you can ask for the removal of your name and the name of your minor children. He then acquired control of many leading financial and insurance companies. Ancestral pedigree chart of J.P. Morgan. junius spencer morgan great grandchildren. [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. 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. In time Junius allowed friends to build on the island. Famouskin.com also includes ancestoral charts showing the family relationships of J.P. Morgan to many famous kin. 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. The Morgan Memorial served as a prototype for the Pierpont Morgan wing of the Metropolitan Museum of Art. [11], Though married in his father-in-law's Unitarian church, Morgan attended his own father's Episcopal church in Hartford. 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. This firm was reorganized as J.P. Morgan and Company in 1895, and, largely through Morgans ability, it became one of the most powerful banking houses in the world. Ms. Walker couldnt immediately be reached for comment. Father of John Pierpont Morgan, Sr.; Sarah Spencer Morgan; Mary Lyman Burns; Junius Spencer Morgan and Juliet Morgan Some of Peabody's own creditors, including rival Barings Bank, demanded immediate payment on their debts. The TV star, who was aged just 10 when it happened, retold Alex Jones and Roman Kemp about . Sitelinks. After the Civil War broke out, Morgan traded Union war bonds at a tremendous profit. It was this fortune which eventually placed J.P. Morgan's father, Junius Spencer Morgan, in the banking business. 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 current owner, Margo Walker, a socialite and real estate broker, gradually bought up all the houses over the years, according to Bloomberg, which first reported that the compound would be put up for sale. 1892-1960. gnalogique Dowling avec plus d'un demi-million de parents, Get a Britannica Premium subscription and gain access to exclusive content. Morgan's already successful career took a leap forward in 1879 when William Vanderbilt approached him about the sale of 250,000 shares of stock in the New York Central Railroad. In 1836, he married John Pierpont Morgan's mother, Juliet. in Rome, Italy, This form allows you to report an error or to submit additional information about this family tree: J. P. MORGAN (1837), Copyright Wikipdia authors - This article is under licence CC BY-SA 3.0. John Pierpont Morgan was born into a prominent New England family on April 17, 1837, in Hartford, Connecticut. Morgan spent his first few months working for Peabody in the United States, establishing contacts with American clients like Duncan, Sherman & Company, reaching out to new potential clients, and gathering information. Within a year, the business struggled sufficiently that Joseph Morgan had to bail his son out and dissolve the partnership. [65], On April 3, 1890, Morgan took an afternoon carriage ride through Monte Carlo. "The Print in the North," May 6 . 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. Death 8 Apr 1890 - Hartford, Hartford, Connecticut, USA. We are featuring this profile in the Connection Finder this week. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. 5 0 obj L'arbre GROUP. {{ media.date_translated }}, {{ asCtrl.bannerRights.content|translate }}, The Geneanet family trees are powered by Geneweb 7.0. I hire a lawyer to tell me how I can do what I want to do! Have you taken a DNA test? 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. "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. 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. 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. 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! . << /Length 6 0 R /Filter /FlateDecode >> Father Joseph Morgan (Spencer) II. 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. 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. Touring the world with friends one mile and pub at a time; southlake carroll basketball. Morgan and his partners actively promoted great mergers after 1922 and controlled . Junius Origin and Meaning The name Junius is boy's name of Latin origin meaning "born in June". Enter a grandparent's name. Capture a web page as it appears now for use as a trusted citation in the future. Peabody pledged the bank could continue to use his name and if necessary, some capital. Deceased persons are not concerned by this provision. It became J.P. Morgan and Company in 1895 and is now JPMorgan Chase & Co. The would-be assassin, apparently of German . Born in New York City, New York, USA on 15 MAR 1892 to John Pierpont "Jack" Morgan and Jane Norton Grew. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. "It takes a very special buyer for this trophy property," Ms. Devendorf said, "But its a once-in-a-lifetime opportunity. In 1907, Morgan again was called to aid the U.S. government in the grips of economic panic. By estimates, there were about 150 lavish estates built during that time, the majority of which have been turned into hotels and residential compounds. 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. . At the age of 21, he became a soldier in the company of Captain Josiah Kellogg of Suffield. The most expensive listing in the U.S. is a West Coast home asking $350 million. A man always has two reasons for doing anything: a good reason and the real reason. 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. The PEDIGREE of Junius Spencer MORGAN (major banker; founder & eponym of J.S. Deceased persons are not concerned by this provision. Junius Spencer Morgan III married Emma Louise Converse and had 2 children. J.P. Morgan - The Life and Deals of America's Banker: Insight and Analysis into the Founder of Modern Finance and the American . An error has occured while loading the map. [39], Morgan was now the wealthiest American banker in London and moved into a Knightsbridge mansion facing the south side of Hyde Park. Pierpont, as he preferred to be known, had a varied education due in part to interference by his father, Junius. Harriet Nickerson , William Lord, Alice Anna GAYLORD , Richard TREAT, Blanche de BRIENNE , Guillaume de FIENNES, Elizabeth x , Nathan Lynde. Please enable JavaScript in your browser's settings to use this part of Geni. 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. 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. "Go as far as you can see; when you get there, you'll be able to see farther. Though Peabody & Co. made a significant investment in the Transatlantic cotton trade, its principal business was still with correspondent banks in the Eastern United States and with railroad companies. [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. J.P. Morgan was known for reorganizing businesses to make them more profitable and stable and gaining control of them. He headed a group of bankers who took in large government deposits and decided how the money was to be used for purposes of financial relief, thereby preserving the solvency of many major banks and corporations. However, despite Morgan's best efforts to nurse his bride back to health, she passed away in February 1862. Major children and living persons must directly contact the. [17], Morgan's initial task was to strengthen and develop the firm's principal American accounts, using his first-hand knowledge of and connections to American business which Peabody, who had moved to London in 1836, lacked. [5] In 1910, at the age of 74, he was living with his wife Frances and daughter Anne in Manhattan. 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. Miles Morgan, ancestor to the Morgan family in America, emigrated from Bristol, England to Boston in 1636. Leave a message for others who see this profile. He became a partner in mercantile firms in Hartford, Conn., and in Boston and then (1854) went to London to become a partner of George Peabody. 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. 1785-1866 & Mary Sheldon Lord 1787-1855) with.
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