Algot Lund (1900 - 1985)

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Summary

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Algot Lund Biography & Family History

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Birth

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Last Known Residence

Tacoma, Pierce County, Washington

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Education

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Timeline

1900 - In the year that Algot Lund was born, a massive hurricane, known as the Great Galveston hurricane, hit Galveston Texas. Winds hit up to 145 miles an hour (category 4) and it remains the single most deadly event in U.S. history. Between 6,000 and 12,000 died (most estimates are around 8,000 dead). The population of Galveston at the time was about 36,000 people in 1900.

1913 - At the age of only 13 years old, Algot 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.

1933 - Algot was 33 years old when on March 4th, Franklin Delano Roosevelt became the 32nd President of the United States. He was elected four times (equaled by no other President) and guided the United States through the Great Depression, the Dust Bowl, and World War 2. His wife was his cousin Eleanor Roosevelt (Teddy Roosevelt's niece) who President Truman called "First Lady of the World". Some of the major programs that survive from his presidency are the Securities and Exchange Commission, the Wagner Act (The National Labor Relations Act of 1935) , the Federal Deposit Insurance Corporation and Social Security.

1971 - When this person was 71 years old, in March, Intel shipped the first microprocessor to Busicom, a Japanese manufacturer of calculators. The microprocessor has since allowed computers to become smaller and faster, leading to smaller and more versatile handheld devices, home computers, and supercomputers.

1985 - In the year of Algot Lund's passing, on March 15th, the first internet domain name was registered - Symbolics.com. Symbolics, Inc., a spinoff of the MIT AI Lab, was a computer manufacturer headquartered in Massachusetts. The company no longer exists and the domain name was sold 25 years later.

Algot Lund Family Tree

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Obituary

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Algot Lund died in December 1985 at age 85. There is no known cause of death. Algot was born on August 1, 1900. We are unaware of information about Algot's immediate family. We know that Algot Lund had been residing in Tacoma, Pierce County, Washington.

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