John Pierpont Morgan, Jr. Signed Proxy for Jekyll Island
John Pierpont Morgan Signed Proxy At Jeckyl Island.
Morgan, Jr., John Pierpont.$2,500.00
Item Number: 67053
A proxy boldly signed by John Pierpont Morgan, Jr. as a shareholder and appointing five men as his proxies, who were George F. Baker, Walter B. James, Edward S. Harkness, Robert S. Brewster, and R.T. Crane, Jr., at the Annual Meeting of the Shareholders of Jekyl Island Club.” Double matted and framed, with a photograph of Morgan. The entire piece measures 13.25 inches by 17.25 inches. Rare and desirable.
Created in 1885, the Jekyll Island Club, limited to 100 individuals in order to maintain exclusivity, counted among its members newspaper tycoon Joseph Pulitzer, department store magnate Marshall Field, railroad heir and philanthropist William K. Vanderbilt, Equitable Life Insurance founder Henry Hyde, and banker and financier J. Pierpont Morgan. Famously, it was at the elite club in November 1910 that a committee of senators, bankers and treasury officials secretly met to draft legislation to create the U.S. Federal Reserve. The Jekyll Island Club declined during the Great Depression and, despite a restructuring of membership fees, closed during World War II.