Charles M Sherfesee (born 1908)

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Charles M Sherfesee
1908
Born
1908
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Charles M Sherfesee was born in 1908.
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Updated: February 6, 2019
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Charles M Sherfesee
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Charles M Sherfesee was born in 1908. We are unaware of information about Charles' family.
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In 1908, in the year that Charles M Sherfesee was born, Henry Ford developed the first Model T automobile, often called the Tin Lizzy or flivver. Produced from 1908 through 1927, it first sold for $850 - which made it affordable for every middle class family. Previously, cars were the province of the upper class and the introduction of the Model T and its availability changed U.S. culture. Within days of its release, over 15,000 cars had been ordered.

In 1913, 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.

In 1961, on May 5th, Navy Cmdr. Alan B. Shepard, Jr., made the first manned Project Mercury flight, MR-3, in a spacecraft he named Freedom 7. He was the second man to go into space, the first was Yuri Gagarin - a Soviet cosmonaut.

In 1971, 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.

In 1986, on January 28th, the space shuttle Challenger exploded 73 seconds after launch. All seven crew members died. The cause of the explosion was later found to be a failed O-ring. The O-ring failure was due to the unusually cold conditions at Cape Canaveral.

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