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Percy J Shortall 1907 - 2001

Percy J Shortall of Easton, Talbot County, MD was born on April 17, 1907, and died at age 93 years old on January 12, 2001.

Percy J Shortall
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Easton, Talbot County, MD 21601
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April 17, 1907
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January 12, 2001
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Male
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Updated: October 7, 2011
Biography ID: 27469853 What's this
Percy J Shortall Percy Shortall (1907 - 2001)
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Percy J Shortall's History: 1907 - 2001

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  • 04/17
    1907

    Birthday

    April 17, 1907
    Birthdate
    Unknown
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  • 01/12
    2001

    Death

    January 12, 2001
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    Percy J Shortall lived 19 years longer than the average family member when died at the age of 93.
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In 1907, in the year that Percy J Shortall 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, by the time he was merely 6 years old, 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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Percy Shortall's Family Tree & Friends

Percy Shortall's Family Tree

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Percy J Shortall Apr 17, 1907 - Jan 12, 2001
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Other Biographies

Other Percy Shortall Biographies

Shortall, Percy (Sep 18, 1929 - Aug 24, 1997)

Other Shortall Family Biographies

Shortall, Catherine (Dec 14, 1925 - Nov 15, 2009) Shortall, Regina (May 20, 1895 - Aug 1974) Shortall, Sister (Jul 13, 1933 - Oct 16, 2002) Shortall, James (Mar 17, 1906 - Dec 1967) Shortall, Catherine (Jun 4, 1884 - Mar 1976) Shortall, Margaret (Apr 11, 1887 - Sep 1968) Shortall, James (Jul 4, 1920 - Jun 17, 1998) Shortall, Kathleen (Sep 1, 1918 - Oct 30, 2003) Shortall, Francis (Jan 31, 1904 - Jan 1969) Shortall, James (Feb 2, 1884 - May 1964)
Shortall, Douglas (Jun 4, 1948 - Feb 8, 1997) Shortall, Thomas (Jul 26, 1886 - Sep 1973) Shortall, Michael (Nov 11, 1922 - Jul 1976) Shortall, James (Apr 30, 1928 - Nov 1981) Shortall, Catherin (Apr 25, 1905 - Jun 1992) Shortall, Pauline (Apr 25, 1926 - Jan 11, 2009) Shortall, Joseph (Oct 10, 1918 - Jun 9, 1989) Shortall, Lyda (May 20, 1931 - Jul 29, 1994) Shortall, Catherine (Jul 11, 1895 - Feb 15, 1970) Shortall, Thomas (Mar 3, 1903 - Mar 13, 1989)
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