Charles Petty (1904 - 1982)

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Summary

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Charles Petty Biography & Family History

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Birth

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Cause of death

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Last Known Residence

New York, New York County, New York

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Gender

Male

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Timeline

1904 - In the year that Charles Petty was born, the World's Fair, officially known as the Louisiana Purchase Exposition, was held in St. Louis, Missouri. Attended by nearly 19.7 million people (and later the subject of a Judy Garland film), the Fair was funded by federal, state and local sources to the tune of $15 million. As the name suggests, the Fair was suggested as a way to celebrate the Louisiana Purchase in 1803. In the past, World's Fairs were a way of bringing new technology to the attention of the masses and this fair was no exception - the use of electricity (the public feared it at the time), personal cars, airplanes, and the electric streetcar were all highlighted.

1934 - At the age of 30 years old, Charles 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.

1965 - By the time he was 61 years old, from August 11 to 16, riots broke out in Watts, a Black section of Los Angeles. An allegedly drunk African-American driver was stopped by LA police and, after a fight, police brutality was alleged - and the riots began. 34 people died in the rioting and over $40 million in property damage occurred. The National Guard was called in to help the LA police quell rioting.

1971 - Charles was 67 years old when 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.

1982 - In the year of Charles Petty's passing, on June 30th, time ran out on the Equal Rights Amendment (ERA). The Amendment had only received 35 of the necessary 38 state ratifications. First sent to the states in 1972, the Amendment stated that "Equality of rights under the law shall not be denied or abridged by the United States or by any State on account of sex".

Charles Petty Family Tree

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Obituary

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Charles Petty died in December 1982 at 77 years old. There is no known cause of death for Charles. He was born on December 29, 1904. We are unaware of information about Charles's family. We know that Charles Petty had been residing in New York, New York County, New York.

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