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Philip D Lavalley 1924 - 1998

Philip D Lavalley of Hixson, Hamilton County, TN was born on June 12, 1924, and died at age 73 years old on May 13, 1998.

Philip D Lavalley

Hixson, Hamilton County, TN 37343

June 12, 1924

May 13, 1998

Male

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Philip D Lavalley Philip Lavalley (1924 - 1998)

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Philip D Lavalley's History: 1924 - 1998

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06/12

1924

Birthday

June 12, 1924

Birthdate

Unknown

Birthplace

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05/13

1998

Death

May 13, 1998

Death date

Unknown
Cause of death

Unknown
Death location

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Philip D Lavalley lived 1 year longer than the average family member when died at the age of 73.

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Philip D Lavalley lived 1 year longer than the average family member when died at the age of 73.

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Did you know?

In 1924, in the year that Philip D Lavalley was born, J. Edgar Hoover, at the age of 29, was appointed the sixth director of the Bureau of Investigation by Calvin Coolidge (which later became the Federal Bureau of Investigation). The Bureau had approximately 650 employees, including 441 Special Agents. A former employee of the Justice Department, Hoover accepted his new position on the proviso that the bureau was to be completely divorced from politics and that the director report only to the attorney general.

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In 1934, at the age of only 10 years old, Philip was alive when on June 6th, the U.S. Securities and Exchange Commission was formed as a response to the stock market crash of 1929 and the continuing Great Depression. Previously, the states regulated the offering and sales of stocks - called "blue sky" laws. They were largely ineffective. Roosevelt created a group (one member was Joseph Kennedy, father of the future President Kennedy) who knew Wall Street well and they defined the mission and operating mode for the SEC. The new organization had broad and stringent rules and oversight and restored public confidence in the stock market in the United States.

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