Percy Palmer (1894 - 1976)

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Summary

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Percy Palmer Biography & Family History

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Birth

Death

Cause of death

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Burial / Funeral

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Obituary

Last Known Residence

Canton, Madison County, Mississippi

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Gender

Male

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Timeline

1894 - In the year that Percy Palmer was born, large reserves of oil were discovered on the Osage Indian reservation in Oklahoma. Previously thought to be "useless" land - not even good for farming - the tribe had bought the land themselves. The discovery of oil made the Osage the "richest group of people in the world" at the time.

1934 - When he was 40 years old, 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.

1940 - He was 46 years old when in July, Billboard published its first Music Popularity Chart. Top recordings of the year were Tommy Dorsey's "I'll Never Smile Again" (vocal Frank Sinatra) - 12 weeks at the top, Bing Crosby's "Only Forever" - 9 weeks at the top, and Artie Shaw's "Frenesi" - 12 weeks at the top.

1975 - He was 81 years old when in January, Popular Mechanics featured the Altair 8800 on it's cover. The Altair home computer kit allowed consumers to build and program their own personal computers. Thousands were sold in the first month.

1976 - In the year of Percy Palmer's passing, on August 4th, a mysterious illness struck an American Legion convention in Philadelphia. Within a week, 25 people had died and 130 people had been hospitalized. It was the first known instance of what came to be called "Legionnaires Disease."

Percy Palmer Family Tree

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Obituary

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Percy Palmer died in January 1976 at 81 years old. No cause of death has been entered for Percy. He was born on July 4, 1894. There is no information about Percy's family. We know that Percy Palmer had been residing in Canton, Madison County, Mississippi.

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