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John Fossity 1907 - 1968

John Fossity of Hackensack, Bergen County, NJ was born on August 26, 1907, and died at age 60 years old in March 1968.

John Fossity
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Hackensack, Bergen County, NJ 07601
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August 26, 1907
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March 1968
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Updated: October 6, 2011
Biography ID: 19586871 What's this
John Fossity John Fossity (1907 - 1968)
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John Fossity's History: 1907 - 1968

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  • 08/26
    1907

    Birthday

    August 26, 1907
    Birthdate
    Unknown
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  • 03/dd
    1968

    Death

    March 1968
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  • Did you know?
    John Fossity lived 11 years shorter than the average family member when died at the age of 60.
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In 1907, in the year that John Fossity 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 1916, by the time he was only 9 years old, in June, the U.S. Congress authorized a plan to expand the armed forces over the next five years. Called the National Defense Act of 1916, the national law expanded the National Guard and Army (the Army added an aviation unit), created the Reserves, and gave the President expanded authority to federalize the National Guard. It also allowed the government to stockpile, in advance, materiel to be used in wartime.
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John Fossity Aug 26, 1907 - Mar 1968
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Other Biographies

Other Fossity Family Biographies

Fossity, Joseph (Mar 5, 1903 - Sep 1967)
Fossity, Josephine (Oct 14, 1904 - Aug 28, 1993)
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