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Nellie M Waldrop 1901 - 1992

Nellie M Waldrop of Roseboro, Sampson County, NC was born on March 29, 1901, and died at age 91 years old on April 25, 1992.

Nellie M Waldrop

Roseboro, Sampson County, NC 28382

March 29, 1901

April 25, 1992

Female

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Nellie M Waldrop Nellie Waldrop (1901 - 1992)

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Nellie M Waldrop's History: 1901 - 1992

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03/29

1901

Birthday

March 29, 1901

Birthdate

Unknown

Birthplace

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04/25

1992

Death

April 25, 1992

Death date

Unknown
Cause of death

Unknown
Death location

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Nellie M Waldrop lived 19 years longer than the average family member when died at the age of 91.

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Nellie M Waldrop lived 19 years longer than the average family member when died at the age of 91.

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Did you know?

In 1901, in the year that Nellie M Waldrop was born, John Pierpont "J. P." Morgan created U.S. Steel. J.P. Morgan was an American banker and financier who dominated U.S. business at this time. He had previously overseen the creation of General Electric, as well as International Harvester and AT&T. He has been referred to as America's greatest banker. U.S. Steel was the first billion dollar company in the world, worth $1.4 billion in 1901.

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In 1913, Nellie was only 12 years old 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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