Margaret Holt (1907 - 1987)

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Summary

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Margaret Holt Biography & Family History

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Birth

Death

Cause of death

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Obituary

Last Known Residence

Pittsburgh, Allegheny County, Pennsylvania

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Education

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Gender

Female

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Timeline

1907 - In the year that Margaret Holt 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.

1914 - By the time she was merely 7 years old, in August, the world's first red and green traffic lights were installed at the corner of East 105th Street and Euclid Avenue in Cleveland Ohio. The electric traffic light had been invented by a policeman in Salt Lake City Utah in 1912.

1942 - At the age of 35 years old, Margaret was alive when on November 28th at 10:15p, a nightclub in Boston, the Cocoanut Grove, caught fire. The origins of the fire are unknown but it killed 492 people - the deadliest nightclub fire in U.S. history. Hundreds more were injured. The disaster was so shocking that it replaced World War II in the headlines and lead to reforms in safety standards and codes.

1981 - At the age of 74 years old, Margaret was alive when on January 20th, Ronald Reagan became the 40th President of the United States. He ran against the incumbent, Jimmy Carter, and won 50.7% of the popular vote to Carter's 41.0%.

1987 - In the year of Margaret Holt's passing, on October 19th, stock exchanges around the world crashed. Beginning in Hong Kong then spreading to Europe, the crash then hit the United States. It was called Black Monday. The Dow Jones fell 508 points to 1,738.74 (22.61%).

Margaret Holt Family Tree

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Obituary

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Margaret Holt died in September 1987 at age 80. No cause of death has been entered. She was born on August 20, 1907. We are unaware of information about Margaret's family or relationships. We know that Margaret Holt had been residing in Pittsburgh, Allegheny County, Pennsylvania.

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