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John F Ledbetter 1907 - 2006

John F Ledbetter of Atlanta, Dekalb County, GA was born on October 8, 1907, and died at age 98 years old on April 7, 2006.
John F Ledbetter
Atlanta, Dekalb County, GA 30338
October 8, 1907
April 7, 2006
Male
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John F Ledbetter's History: 1907 - 2006

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  • 10/8
    1907

    Birthday

    October 8, 1907
    Birthdate
    Unknown
    Birthplace
  • 04/7
    2006

    Death

    April 7, 2006
    Death date
    Unknown
    Cause of death
    Unknown
    Death location
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  • Did you know?
    John F Ledbetter lived 26 years longer than the average family member when died at the age of 98.
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Did you know?
In 1907, in the year that John F Ledbetter was born, in October, over a 3 week period, the New York stock exchange fell almost 50% from the previous year's high mark. Public panic ensued and there were runs on banks since the U.S. was in the middle of a recession. J.P. Morgan offered his own fortune to back the banks and he was followed by other financiers. This temporarily shored up the banking system, stopping the immediate panic. All of this led to the creation of the Federal Reserve.
Did you know?
In 1913, at the age of only 6 years old, John 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.
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John Ledbetter's Family Tree & Friends

John Ledbetter's Family Tree

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John's Friends

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