John Pierpont Morgan agrees to become the head of Drexel & Co.'s New York firm, which would be renamed as Drexel, Morgan, & Co. The branch opens in July. As Pierpont gains notoriety for his business dealings, Anthony Drexel is his constant counsel and mentor. 

“John Pierpont Morgan agrees to become the head of Drexel & Co.'s New York firm, which would be renamed as Drexel, Morgan, & Co. The branch opens in July. As Pierpont gains notoriety for his business dealings, Anthony Drexel is his constant counsel and mentor. ,” Drexel Exhibits, accessed May 15, 2024, https://drexelexhibits.omeka.net/items/show/278.