- After his eldest brother Joseph Augustus died in the middle of his life, Francis Peabody was the eldest surviving son of the wealthiest man in Salem. His marriage to Martha Endicott linked the wealthy Peabodys to one of the oldest families of Massachusetts. After his father’s death, Francis Peabody built “Kernwood”, a country seat just outside Salem. The Peabodys spent much of their time in Europe, mostly London and Paris. There they socialized with nobility and were close to such American expatriates as the banker George Peabody (no relative) and his younger partner Junius Spencer Morgan, who would take their son Samuel Endicott Peabody as an associate. Inherited wealth and social prominence earned the Peabodys the title of Royal Family of Salem.