Jp morgan bank
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J. P. Morgan
American financier, banker, and art collector (1837–1913)
This article is about the American financier. For other uses, see J. P. Morgan (disambiguation) and John Morgan (disambiguation).
J.P. Morgan | |
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Morgan in 1910 | |
| Born | John Pierpont Morgan (1837-04-17)April 17, 1837 Hartford, Connecticut, U.S. |
| Died | March 31, 1913(1913-03-31) (aged 75) Rome, Lazio, Kingdom of Italy |
| Resting place | Cedar Hill Cemetery Hartford, Connecticut, U.S. |
| Alma mater | University of Göttingen |
| Occupations |
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| Known for | Founding and leading J.P. Morgan & Co. Financing the creation of American Bridge, General Electric; International Harvester; International Mercantile Marine; Southern Railway and U.S. Steel Organizing the Morgan "money trust" which owned Aetna, General Electric, International Mercantile Marine Company, Pullman Palace Car Company, U.S. Steel, Western Union, and 21 railroads |
| Board member of | Northern Pacific Railway, New Haven Railroad, Pennsylvania Railroad, P
225 years of historyThe Manhattan Company is founded 3:05 [gentle guitar melody] Rachel: You might be surprised to find out that JPMorgan Chase began by supplying water to Lower Manhattan. By the end of the 18th century, there were close to 60,000 people living in New York City. Most New Yorkers had no easy access to clean water. Unsanitary conditions prompted concern about the spread of disease. But it wasn't until an outbreak of yellow fever reached its peak in 1798, that a group of people decided to take action. And the two men who led the charge were none other than Alexander Hamilton and Aaron Burr. In 1799, Hamilton and Burr presented a charter for the governor's signature that would provide clean water to New York City residents through a private company, the Manhattan Company. But there was a catch. Burr had added a clause into the charter that would allow the directors of the Manhattan Company to start a bank with excess capital not needed by the water company. The charter, with its unusual clause, was successfully passed. In order to transport water through the
The birth of John Pierpont Morgan.
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