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Co-Jo Inc company history timeline

1800

Aaron Burr ran for president in 1800.

1817

1817 The Bank of The Manhattan Company funds the Erie Canal

1851

Springfield Marine and Fire Insurance Company opens in 1851 to insure shipping vessels and goods, but it also provides a variety of banking services.

1854

In 1854, Junius accepted an invitation to join American banker, George Peabody, in London.

1858

Junius S. Morgan, patriarch of the Morgan banking family, moves to London and joins the private banking firm George Peabody & Co. It becomes the leading marketer of American securities in England and Europe, raising capital for the first transatlantic telegraph cable in 1858 among other important deals.

1862

In 1862, the federal government began printing its own paper money, marking an historic shift in the young nation's monetary system.

1863

The 1863 law is strengthened by a second National Bank Act passed the following year.

1868

In 1868, Anthony Drexel establishes Drexel, Harjes & Co. in Paris, JPMorgan Chase’s earliest predecessor in France.

1870

In 1870, J.S. Morgan & Company arranged a much needed 10 million pound loan to the French government during the Franco-Prussian war.

1871

When the Great Fire sweeps through Chicago in 1871, the First National Bank of Chicago's new "fireproof" building at the corner of State and Washington Streets is almost completely destroyed.

1893

In the years following the Panic of 1893, gold drains from the United States Treasury, causing a crisis in the nation’s currency, banking and international trade.

More importantly, Morgan had experience with similar financial crises, having rescued the US Treasury during the Panic of 1893.

1907

Nancy: What was J. Pierpont Morgan's role in stopping the Panic of 1907 and how did it shape the US economy? In the fall of 1907, the world is on the verge of economic collapse.

1913

J. Pierpont Morgan dies while traveling in Rome on March 31, 1913.

1915

How did a series of bold moves by banks and their employees help the Allied cause? In 1915, United States allies Britain and France were in dire financial straits.

1920

Chase Manhattan establishes a representative office in Moscow, the first United States bank to have a business presence there since the 1920s.

1923

Following the 1923 Great Kantō earthquake that devastated Tokyo and the city of Yokohama, J.P. Morgan & Co. leads a $150 million loan, part of an ambitious reconstruction plan.

1940

In 1940, J.P.Morgan reorganized from a private partnership to a public company, with Jack as its first chairman.

1945

J.O. Spice Company, Inc. was established in 1945 by J.O. (James Ozzle) Strigle and his wife Dot.

1960

On November 21st, 1960, the new logo was unveiled, one of the first abstract logos used in banking.

1969

In 1969, Chemical Bank unveiled its cash machine, the precursor to the ATM. The ATM, the Automated Teller Machine, made banking on the go possible with the swipe of a card.

1970

In 1970 Bank One forerunner City National Bank installs ATMs in its branches, making Columbus, Ohio, a major test market for the machines.

1972

The card is soon renamed Uni-Card and in 1972 joins the national BankAmericard System, the precursor to Visa.

1974

In 1974, David Rockefeller, chairman of Chase Manhattan Bank, establishes the Chase Manhattan Bank Archives in an effort to preserve the legacy of his firm.

1998

First Chicago NBD introduces a free Internet bank in 1998.

2000

And in 2000, Chase Manhattan merged with JPMorgan & Co, to form today's JPMorgan Chase.

2018

Building on its original investment, the firm expands the program in 2018 with a new five-year $350-million commitment.

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