Austin S Nace (1912 - 1999)

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Summary

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Austin S Nace Biography & Family History

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Birth

Death

Cause of death

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Obituary

Last Known Residence

Williamsport, Lycoming County, Pennsylvania

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Education

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Middle name

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Gender

Male

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Timeline

1912 - In the year that Austin S Nace was born, Arizona was admitted to the United States in February (on Valentine's Day). It became the 48th state in the Union. Previously a Spanish - then Mexican - territory, the U.S. paid $15 million dollars for the area in 1848. Arizona was the last of the contiguous states to be admitted to the United States.

1934 - At the age of 22 years old, Austin 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.

1991 - By the time he was 79 years old, on December 25th, the Soviet Union flag was lowered and replaced by the Russian tricolor flag. It was the end of the Soviet Union. Mikhail Gorbachev resigned as President of the Soviet Union and Boris Yeltsin became President of the Russian Republic.

1996 - Austin was 84 years old when on April 3rd, Theodore Kaczynski (nicknamed the Unabomber) was arrested. His mailed or hand-delivered bombs, sent between 1978 and 1995, killed three people and injured 23 others. Diagnosed as suffering from paranoid schizophrenia, Kaczynski is serving 8 life sentences without the possibility of parole.

1999 - In the year of Austin S Nace's passing, the fear that Y2K (year 2000) would cause the failure of computers worldwide when clocks didn't properly update to January 1st, 2000 became near panic. While some computer systems and software did have problems, the panic was unfounded and computer life went on.

Austin S Nace Family Tree

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Obituary

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Austin S Nace passed away on December 10, 1999 at 86 years of age. There is no listed cause of death for Austin. He was born on December 15, 1912. We have no information about Austin's family or relationships. We know that Austin S Nace had been residing in Williamsport, Lycoming County, Pennsylvania.

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