New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-02
MORGAN FUNERAL MAY
. Be HELD IN CATHEDRAL
Plans Probably Will Be An.
nOunCed TO-day-BuriaI To .
Be in Hartford.
TO SHIP BODY HOME SOON
Son Receives Message Giving
Details of Death of Financier
Future of Equitable
Voting Trust.
TO SHIP BODY HOME SOON

i .
| The notice of Mr.. Morgan's death
posted at the entrance of the banking
house Of j. p. Morgan & Co. Broad and
Wall streets. remained in place yester-
day. and the office was closed. Only
necessary routine business was trans
acted behind the lowered window shades.
j. +. Morgan jr.. did not come down TO
the office
! II. =. Dawson and other members OF
the Morgan firm who were at the Wall
! street offc, said that the plans for Mr.
Morgan's funeral had not been decided
upon. bu' might be announced to-day, fol-
lowing further cable communication with
! TN. members of the family in Rome
\ service probably will be held in the
Cathedral Of St John the Divine. and
burial will be In Cedar Hill Cemetery.
! Hartford Conn. where the family plot is
located. \ report that the body was TO
be brought back in warship was de-
1
\ boGy was expected by Mr. Dawson. not
withstanding the desire of the Italian
government 10 expedite matters. He said
however. that the family would sail for
homo In a few days with the body.
It was said at the White Star Offices
! In this city yesterday that no word had
been received here OF Mr. Satterlee's in
tention OF bringing Mr. Morgan's body
home in the Olympic. leaving Cherbourg
on Wednesday evening. The latest adj
vices there indicated that the party
would not leave Rome for two or three
day.
Doubt was expressed as 10 the posi-
biliiy OF holding the steamer. even IL
special train were chartered 10 take the
body to the French port. as the olympic
is mail ship and the contracts with
the governments permit delays only for
causes beyond the cOmpauy's control or
FOR tho purpose Of saving life
J. T.. Morgan. jr.. received yesterday
long cable message sent in code by his
brother-in-law. Herbert l.. Satterlee. Civ
Ing details Of Mr.. Morgsn's illness and
death. \ family conference al the Nor
gan home followed Further cable mes
sages were exchanged during the day
with a view 10 completing the funeral ar
rsrgements. II was believed.
Thomas W Lamont, d member OF the
Morgan firm. was asked about dispatch
which stated that the late financiers body
would be shipped In a steamer Leaving
Naples next Friday Mr. Lamont said
no adsices had been received here as 10
any such ARRANGEMENTS or the funeral
arrangements h. said:
1T depends on cable communication be-
tween the members OF the family here
and the members OF the family I'm Rome.
and that takes some time.
DeteCtiv. william j. Burns called at the
Morgan Offices yesterday. and for some
time was in consultation with NJ. Davi-
son Neither would discuss the object Of
the conference.
There were few callers yesterday al
tn. home 81 J. p Morgan, jr.. at No. 23l
Madison avenue. and they simply left
cards and departed without seeing any
member 81 the family one OF the early
callers was Charles L. Steele, a member
OF the Morgan firm. Policemen We're sta
toned near the house with orders to keep
people moving. Mr. Morgan. jr.. and other
members OF the family went for an auto
mobile ride In the afternoon
There was much speculation yesterday
as TO the future OF the Equitable Life
Assurance Society under the voting trus-
tees who We're appointed 10 vote the 81
Der cent of the stock owned by Mr. Nor
gan Il was suggested that the voting
trust. Of which George w Perkins. Judge
Morgan J. O'Brien and Lewis Cass Led
ward were the trustees might be ended.
and that plans TO that effect were being
formulated before Mr. Morgans death.
Under the terms OF the trust agreement
Mr.. Morgan was privileged to end the
VOTING trust by giving thirty days notice.
Judge O'Brien said that it was probable
Mr. Morgan had made provision in his
will for the future of the stock, but he
knew of none. IL had always been Mr..
Morgan's earnest desire that the society
be mutuallzed. he said, and 1t was posi-
bic that negotiations toward that end
might be reopened. As soon as Mr. Nor
gan's wishes I'm the matter were known.
he said. the trustees would meet the Of
ncers and directors OF the society and the
state Superintendent OF Insurance and
consider what action might be taken.
The firm Of George Peabody a. Co. were
the direct predecessors Of Morgan Gren-
fell &. Co. the London branch OF j. =.
Morgan co. Mr. Peabody established
himself permanently in London as mer-
chant and banker in 1897: ne asked Junius
Morgan. J. =. Morgan's father, to become
his mariner: Mr.. Morgan accepted, and
the relationship persisted TO the time OF
his death.
When Mr. Peabody retired his success
sors begged him to continue the name oil
the firm. George Peabody & Co. but this
he refused 10 do and the bank became
known as Morgan. Grenfell & Co
Regarding the death Of J. p. Morgan
Charles NJ. Schwab said: Nothing that
YOU could say could exaggerate my reel
ings in regard TO Mr.. Morgan He was es-
sentially great in every respect. botn as
man and a flnancier. All my dealings
with him were very pleasant. and am
convinced that his loss viii be ions teit
by the country
AMERICAN AID SENT