Charles Edwin Merrill Jr. was born on January 3, 1880, in Salem, Massachusetts to Charles E. Merrill (25)and Ida Florence Phippen (29)[1][2][3]. Merrill was convinced that the average American who wanted to invest should be able to buy shares in the stock market, which was previously a playground for the wealthy. Charles Edwin Merrill Jr. Born 3 Jan 1880 in Salem, Essex County, Massachusetts, United States of America Ancestors Son of Charles Edwin Merrill Sr. and Ida Florence (Phippen) Merrill Brother of Clarence Webster Merrill Sr. Within the Cite this article tool, pick a style to see how all available information looks when formatted according to that style. [8] Designed in part by Stanford White with original landscaping by Frederick Law Olmsted, it was added to the National Register of Historic Places in 1980[9] after being divided into 29 luxury condominiums (with its ballroom and first-floor reception areas left intact).[10]. In 1939, immediately preceding the boom caused by World War II, Merrill was approached by Edward A. Merrill married his high school sweetheart, Mary White Klohr, in 1942. Theodore Emelius Jenson, Father of Raymond Merrill. However, the date of retrieval is often important. His father, a local physician, also owned a drug store where Merrill worked as a boy in addition to having a paper route. He wrote about these travels in a book called The Journey. He passed away on 7 Jan 1963 in Los Angeles, California. Because chains could operate on an economy of scale they could offer a greater selection of goods at lower prices. 2008 - 2022 INTERESTING.COM, INC. New York: Newcomer Society, 1981. Contents 1 Early life 2 Military service 3 Educator and philanthropist 4 Personal life 5 Later years 6 References Charles E Merrill's bio. Merrill family member is 74. Who is Charles Merrill to you? By the time Merrill died in 1956 his firm had 107 partners in 106 cities, and it employed over 4,600 people and handled almost 300,000 active customer accounts. Therefore, that information is unavailable for most Encyclopedia.com content. Additionally, Merrill was known to have pleaded with President Calvin Coolidge (like Merrill, an Amherst alumnus) to speak out against speculation, but Coolidge did not listen to him.[3]. Merrill promptly hired Edmund Lynch, a Johns Hopkins University graduate whom he had met at the 23rd Street YMCA, to handle sales. and you'll be alerted when others do the same. In 1951 he donated his 16-acre estate in Southampton, Long Island, to Amherst College which became the Merrill Center of Economics. Charles was the last of the Valois dukes of Burgun, The French king Charles VII (1403-1461) ruled from 1422 to 1461. After the school had been damaged in the Great Fire of 1901, his parents decided to send him to the college preparatory academy operated by John B. Stetson University (now known as Stetson University). After the school had been damaged in the . Discover your family history in millions of family trees and more than a billion birth, marriage, death, census, and military records. [4] Merrill then married Julie Boudreaux, who survived him.[5]. They fulfilled the promise of President Kennedy's commitment in 1961 to put a man on the moon before the end of the decade. He also maintained the principles of Yankee frugality, requiring students to participate in the upkeep of the school, from bussing tables and washing dishes at lunch to emptying trash baskets at the end of the day. Charles Merrill Jr. was a Massachusettsan. Merrill was not only one of the most successful stockbrokers in American history, but probably the most innovative and influential in terms of setting the course for investment brokerage. He concentrated on informative and accurate information rather than the exaggerated claims and misleading statements that were the norm at the time. Family, friend, or fan, this family history biography is for you to remember Charles W Merrill Jr. In 1909 Merrill joined a commercial paper company, where he created and managed a bond department. Merrill assisted Rosner to emigrate to the United States. 2008 - 2022 INTERESTING.COM, INC. See Birmingham, The Most Dangerous Book: The Battle for James Joyce's Ulysses (2014). Charles Edward Merrill Jr. (August 17, 1920[1] November 29, 2017) was an American educator, author, and philanthropist, best known for supporting historically black colleges and founding the Commonwealth School in Boston. After one year Merrill, Lynch had almost half of all MIP accounts, and within a few years the firm maintained the vast majority of MIP accounts. On this Wikipedia the language links are at the top of the page across from the article title. Login to find your connection. a A brilliant market analyst and salesman, he reorganized the investment industry to attract small investors into the stock market. The firm then focused on underwriting and individual banking, specializing in chain stores. Merrill's grandson, Peter Magowan, was President and CEO of Safeway Inc. and also the former managing general partner of the San Francisco Giants. Select the next to any field to update. Share highlights of Charles' life. Categories: Salem, Massachusetts | Methuen, Massachusetts, WIKITREE HOME | ABOUT | G2G FORUM | HELP | SEARCH. If not, see our friends at Ancestry DNA. If so, login to add it. When it is Irish, it derives from the Gaelic name "Muirgheal", which translates as "sea-bright." Merrill later remarked, "If ever I get to heaven, it will be because I helped lower the price of milk by a penny a quart in Los Angeles.". . M > Merrill > Charles Edwin Merrill Jr. Later in life he commented that the job provided him with "the best training I ever had; I learned human nature.". Encyclopedia of World Biography. Start a free family tree online and well do the searching for you. Please join us in collaborating on MERRILL family trees. Apollo 11 astronauts Neil A. Armstrong and Edwin E. Aldrin Jr. both walked on the moon but it was Armstrong who first stepped on the moon. Refer to each styles convention regarding the best way to format page numbers and retrieval dates. Other books written by Merrill are: The Trip to Paris, Emily's Year, The Great Ukrainian Partisan Movement, and The Checkbook. Associated persons: Jessie Mcfall, Steven Mcfall, L M Tingle (502) 210-7004. Rosner was orphaned by the Holocaust and was befriended by Merrill. No images were found for this exact name. Despite great personal wealth derived from an unbreakable trust made early in his childhood, Merrill lived modestly. Commonwealth School was not Merrill's first foray into high school education. 16 Jan. 2023 . Captured at the Weldon Railroad 6/23/1864. Alternate spellings include Murrell, Meriel, and Murrell. Discover your family history in millions of family trees and more than a billion birth, marriage, death, census, and military records. Charles E. Merrill was the son of Peter Merrill & Anne Cook. Biographies are our place to remember and discover more about the people important to us. Pierce to merge the struggling brokerage E. A. Edward was born on September 7 1881, in Mapleton, Monona, Iowa, USA. He served in Co. L 11th Vermont Infantry during the Civil War. In addition, Merrill reorganized his firm to assuage the public fear that stockbrokers were out to bilk the consumer. After the school Merrill had been attending was damaged in the Great Fire of 1901, his parents decided to send him to the college preparatory academy operated by John B. Stetson University. Please join us. We collect and match historical records that Ancestry users have contributed to their family trees to create each person's profile. Welsh and English: from a female personal name of Celtic origin found in Welsh as, Do not sell or share my personal information. This emphasis on honesty was to remain one of Merrill's chief concerns throughout his career. Encyclopedia.com. we begin to Show & Tell who they were during particular moments in their lives. Merrill's philanthropy extended to several other institutions of higher education. Another merger in 1941 created Merrill Lynch, Pierce, Fenner, and Beanethe largest brokerage house in the world, with offices in 93 cities. Help paint a picture of Charles so that he is always remembered. Youll get hints when we find information about your relatives. He instituted an annual report and sent it out to all his customers to assure them that their money was secure with Merrill Lynch. The company's owner had heard of Merrill's abilities and he wanted the young man to take charge of Burr's newly created bond department. The U.S. economy was booming in the 1920s. He also published the booklets "Hedging: Insurance Policy or Lottery Ticket" and "How to Read a Financial Report," and he ran informative ads in the country's leading newspapers. This MERRILL index was pre-built so it loads quickly. Research devoted solely to this person has either not yet taken place or it is currently in progress. The US flag was changed to show 50 stars. Charles' immediate relatives including parents, siblings, partnerships and children in the Merrill family tree. brother-in-law of sister-in-law of maternal grandfather, Salem, Essex County, Massachusetts, United States of America, Methuen, Massachusetts, United States of America, https://www.ancestry.com/interactive/6742/4241709-00763/43867762?backurl=https://www.ancestry.com/family-tree/person/tree/75496806/person/42422036043/facts, https://www.ancestry.com/interactive/6482/005217838_02802/23956896?backurl=https://www.ancestry.com/family-tree/person/tree/75496806/person/42422036043/facts, https://www.familysearch.org/ark:/61903/3:1:S3HT-674S-5CC?i=4074&cc=1861144, https://www.ancestry.com/interactive/7602/4120400_01031/31214885?backurl=https://www.ancestry.com/family-tree/person/tree/75496806/person/42422036043/facts, https://www.familysearch.org/ark:/61903/3:1:S3HT-6913-51?i=34&cc=1325221, https://www.ancestry.com/interactive/5241/41267_309287-01052/369944?backurl=https://www.ancestry.com/family-tree/person/tree/75496806/person/42422036043/facts#?imageId=41267_309287-01053, https://www.familysearch.org/ark:/61903/3:1:S3HY-DC5Y-KX?i=523&cc=1520640, https://www.ancestry.com/interactive/7884/31111_4330854-00314/15924892?backurl=https://www.ancestry.com/family-tree/person/tree/75496806/person/42422036043/facts, https://www.familysearch.org/ark:/61903/3:1:33S7-9BRY-9SGM?i=2798&cc=1968530, https://www.ancestry.com/interactive/6061/4313307-00524/29807974?backurl=https://www.ancestry.com/family-tree/person/tree/75496806/person/42422036043/facts, https://www.ancestry.com/interactive/6224/4610738_00164/4832078?backurl=https://www.ancestry.com/family-tree/person/tree/75496806/person/42422036043/facts, https://www.ancestry.com/interactive/1002/NH-2368121-4074/2815565?backurl=https://www.ancestry.com/family-tree/person/tree/75496806/person/42422036043/facts, https://www.ancestry.com/interactive/2442/M-T0627-02296-00694/76418501?backurl=https://www.ancestry.com/family-tree/person/tree/75496806/person/42422036043/facts, https://www.ancestry.com/interactive/1002/NH-2368121-4074/2815565?backurl=https://www.ancestry.com/family-tree/person/tree/75496806/person/42422036043/facts#?imageId=NH-2368121-4074, https://www.ancestry.com/interactive/3659/41263_2421406273_0097-00468/2108297?backurl=https://www.ancestry.com/family-tree/person/tree/75496806/person/42422036043/facts. Unlike his father, Merrill Jr. was a modest, unassuming man who was faithful to his wife and dedicated to his family. He died on October 6, 1956. The school was a reflection of Merrill's principles. The American journalist Charles Anderson Dana (1819-1897), as editor of the New York Sun in the late 19th century, created the, Charles I (160049), king of England, Scotland, and Ireland (162549). 2,773 birth records, View He donated 95 percent of his $25 million estate to colleges, churches, and hospitals. Paroled 11/20/64. Records may include photos, original documents, family history, relatives, specific dates, locations and full names. American philanthropist, stockbroker and co-founder of Merrill Lynch & Company, Born on October 19, 1885 Here what Merrill acquired "turned out to be the equivalent of a university course in general and credit finance, cost accounting, and administration, in particular." Father of Abel Merrell; James Joseph Merrill; Benjamin Merrell/Merrill; William Merrell/Merrill; (No Name) and 1 other; and (No Name) less 2019Encyclopedia.com | All rights reserved. In 1912 the company sponsored a $2 million stock offering in the Kresge chain stores. [4] Requiring husbands and wives to attend investment seminars together is a common marketing strategy to keep up sales pressure, as neither spouse will be able to say, "let me check with my wife (or husband) before I decide. 2,773 birth, 351 death, 256 marriage, 15 divorce, View Merrill, however, provided accurate figures and honest information tailored to the needs of average Americans. Encyclopedia.com. James Merrill shared with his brother a lifelong love of opera, an experience he wrote about in his 1993 memoir, A Different Person. One of his first acts when he reentered the brokerage field in the 1940s was to issue a pamphlet that stated "The interests of our customers MUST come first. In the early 1950s, Merrill's three children renounced any further inheritance from their father's estate in exchange for $100 "as full quittance";[12] as a result, 95% of Charles Merrill's $25 million estate (he had already donated "The Orchard" to Amherst, which had in turn sold it) would benefit hospitals, churches, and educational causes. After two years at Amherst College, Merrill spent time at the University of Michigan Law School from 1906 to 1907; worked at Patchogue-Plymouth Mills from 1907 to 1909; at George H. Burr & Co., New York City, from 1909 to 1913; then established Charles E. Merrill & Co. Merrill and his friend, Edmund C. Lynch, created Merrill Lynch in 1915. [6], Learn how and when to remove this template message, How Charles E. Merrill Jr. Found His Path as an Educator and Philanthropist, "Donald Paul Boudreaux - View Obituary & Service Information", "A Life Well Lived - Commonwealth School", "Synny miliarder zmar w bloku w Nowym Sczu", https://en.wikipedia.org/w/index.php?title=Charles_E._Merrill_Jr.&oldid=1051275179, Article re Merrill College at UC Santa Cruz, This page was last edited on 22 October 2021, at 14:39. Charles E. Merrill, the son of physician Dr. Charles Merrill and Octavia (Wilson) Merrill, was born in Green Cove Springs, Florida where he spent his early childhood. In 1898 the family briefly moved to Knoxville, Tennessee but within the year returned to Florida to settle in Jacksonville. Adapting retailing concepts to stockbrokering, Merrill became determined to attract large numbers of small investors to the market. Made early in his childhood, Merrill became determined to attract large of. Married Julie Boudreaux, who survived him. [ 5 ] family tree focused on underwriting individual. 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