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Erma M Neelly 1907 - 1996

Erma M Neelly was born on October 19, 1907, and died at age 88 years old on July 10, 1996. Family, friend, or fan, this family history biography is for you to remember Erma M Neelly.

Erma M Neelly
Name
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October 19, 1907
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July 10, 1996
Death
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Updated: November 9, 2011
Biography ID: 78991517 What's this
Erma M Neelly Erma Neelly (1907 - 1996)
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Erma M Neelly's History: 1907 - 1996

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  • 10/19
    1907

    Birthday

    October 19, 1907
    Birthdate
    Unknown
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  • 07/10
    1996

    Death

    July 10, 1996
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  • Did you know?
    Erma M Neelly lived 10 years longer than the average family member when died at the age of 88.
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In 1907, in the year that Erma M Neelly was born, in October, over a 3 week period, the New York stock exchange fell almost 50% from the previous year's high mark. Public panic ensued and there were runs on banks since the U.S. was in the middle of a recession. J.P. Morgan offered his own fortune to back the banks and he was followed by other financiers. This temporarily shored up the banking system, stopping the immediate panic. All of this led to the creation of the Federal Reserve.
Did you know?
In 1913, at the age of merely 6 years old, Erma was alive when ratified in February the 16th Amendment, establishing a Federal income tax, became law. Previously, customs duties (tariffs) and excise taxes were the primary sources of federal revenue. With the passage of the 16th Amendment, incomes of couples exceeding $4,000, as well as those of single persons earning $3,000 or more, were subject to a 1% Federal tax (that would be about $98,000 and $74,000 now). Rates rose to 7% for incomes over half a million dollars. Less than 1% of the population was subject to income tax.
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Erma M Neelly Oct 19, 1907 - Jul 10, 1996
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Other Biographies

Other Neelly Family Biographies

Neelly, Ann (Nov 3, 1934 - Jul 22, 2006) Neelly, Katharine (Jul 24, 1906 - Apr 1987) Neelly, Mary (Aug 1, 1913 - Sep 8, 1997) Neelly, James (Oct 14, 1915 - Oct 1975) Neelly, Margaret (Aug 11, 1910 - Apr 2, 1992) Neelly, Celeste (Feb 15, 1905 - May 1978) Neelly, Paul (Jul 28, 1910 - Mar 17, 1997) Neelly, Tucker (Mar 26, 1978 - Nov 17, 1996) Neelly, Carl (Jan 4, 1903 - Aug 1966) Neelly, John (Oct 22, 1906 - Apr 14, 1990)
Neelly, Rufus (Aug 22, 1911 - Apr 3, 1992) Neelly, Rose (Sep 23, 1877 - May 1968) Neelly, Robert (Mar 28, 1901 - Jul 1974) Neelly, James (Jan 25, 1900 - May 1971) Neelly, Marcus (Apr 11, 1910 - Jan 20, 1991) Neelly, Samuel (Jul 20, 1906 - Jul 1973) Neelly, Althea (Nov 20, 1919 - Jan 24, 2003) Neelly, Lela (Mar 26, 1907 - Jan 5, 1989) Neelly, Virginia (Aug 11, 1911 - Jan 22, 2004) Neelly, George (Feb 4, 1915 - Jan 1, 2007)
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