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Nicholas F Schramm 1913 - 2001

Nicholas F Schramm of Belle Plaine, Scott County, MN was born on October 10, 1913, and died at age 87 years old on August 29, 2001.
Nicholas F Schramm
Belle Plaine, Scott County, MN 56011
October 10, 1913
August 29, 2001
Male
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Nicholas F Schramm's History: 1913 - 2001

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  • 10/10
    1913

    Birthday

    October 10, 1913
    Birthdate
    Unknown
    Birthplace
  • 08/29
    2001

    Death

    August 29, 2001
    Death date
    Unknown
    Cause of death
    Unknown
    Death location
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  • Did you know?
    Nicholas F Schramm lived 11 years longer than the average family member when died at the age of 87.
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Did you know?
In 1913, in the year that Nicholas F Schramm 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.
Did you know?
In 1934, he 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.
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Nicholas Schramm's Family Tree & Friends

Nicholas Schramm's Family Tree

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Nicholas' Friends

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