Edwin D. Morgan III Edwin Denison Morgan III was an accomplished American yachtsman during the turn of the 19th century .Early life Born Edwin Denison Morgan III, he was grandson of New York governor Edwin D. Morgan, and a distant relative of J.P. Morgan. He graduated from Harvard College in 1877. After college, he became a highly successful businessman, and was the founder of Nassau Light and Power, a shareholder in significant livestock interests, and president , at the beginning of the 1900s of mining companies the Corralitos Company and Candelaria Mining Co in Mexico.|alt=Yachtsman E.D. Morgan was rear commodore 1887–8, vice commodore 1891-2 and commodore 1923-4 of the New York Yacht Club . He was part of the winning team of the America's Cup Yacht Race in 1901 aboard the yacht Columbia . He had a close relationship with yacht designer Nathaniel Herreshoff , who designed many yachts for him. Over his lifetime he owned over 17 vessels, ranging from steamers to schooners.Notable Residences Beacon Rock Summer residence, nicknamed the "Acropolis of Newport" built around1890 in Newport, Rhode Island for Morgan, and designed by architect Stanford White . With deep water at both sides of the peninsula in Bretons Cove, he kept his large yacht Constellation , along with the smaller racing yachts he owned while residing there.Wheatly Residence in Old Westbury, Long Island, NY , it was built over a 10-year period, and designed by architect firm McKim, Mead & White .
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