Magnolia Clark (1913 - 1991)

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Summary

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Magnolia Clark Biography & Family History

This genealogy profile is dedicated to the life and ancestry of Magnolia Clark and her immediate Clark family. Add to Magnolia Clark's genealogy page to share your memories & historical research with her family and other genealogy hobbyists.

Birth

Death

Cause of death

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Burial / Funeral

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Obituary

Last Known Residence

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Average Age

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Family

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Education

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Professions

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Military Service

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Middle name

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Maiden name

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Ethnicity

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Nationality

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Religion

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Gender

Female

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Timeline

1913 - In the year that Magnolia Clark was born, 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.

1934 - Magnolia was 21 years old 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.

1935 - By the time she was 22 years old, the BOI's name (the Bureau of Investigation) was changed to the FBI (Federal Bureau of Investigation) and it officially became a separate agency with the Department of Justice. J. Edgar Hoover, the Chief of the BOI, continued in his office and became the first Director of the FBI. The FBI's responsibility is to "detect and prosecute crimes against the United States".

1945 - She was 32 years old when on June 22nd, the Battle of Okinawa ended. A joint Army and Marine campaign, supported by the Navy, the Battle of Okinawa went on for 82 days. The last Japanese resistance on Okinawa was defeated. 4,907 Navy, 4,675 Army, and 2,938 Marine Corps personnel were killed in the battle on the US side. It is estimated that 110,071 on the Japanese side were killed - the estimate includes Okinawan citizens who were pressed into service and includes children. With the win of Okinawa, the United States gained an important base of operations in the Pacific.

1991 - In the year of Magnolia Clark's passing, on November 7th, legendary basketball player Magic Johnson announced that he had HIV. In 1991, the public was confused about the difference between HIV and AIDS (HIV is a virus that can lead to AIDS) and there was little treatment for either. Most thought that Johnson would die within a year or so. Also, the transmission of AIDS wasn't understood so he had to retire from basketball. Magic Johnson is still alive and well.

Magnolia Clark Family Tree

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Obituary

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Magnolia Clark passed away in May 1991 at 77 years of age. There is no listed cause of death for Magnolia. She was born on September 18, 1913. There is no information about Magnolia's family or relationships.

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