<Tr> <Th> Children </Th> <Td> Roswell Penney James Cash Penney III Kimball Penney Mary Frances Penney Carol Penney </Td> </Tr> <Tr> <Th> Parent (s) </Th> <Td> James Cash Penney Sr . Mary Frances Paxton </Td> </Tr> <P> James Cash "J.C." Penney Jr . (September 16, 1875--February 12, 1971) was an American businessman and entrepreneur who founded the J.C. Penney stores in 1902 . </P> <P> J.C. Penney was born on September 16, 1875, on a farm outside of Hamilton, Caldwell County, Missouri . He was the seventh of twelve children, only six of whom lived to adulthood, born to James Cash Penney, Sr. and Mary Frances (née Paxton) Penney . Penney's father was a Baptist preacher and farmer whose strict discipline included making his son pay for his own clothing once he reached his late pre-teens . </P>

What does jc stand for in jc pennys