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Sigvald Christensen 1913 - 1978

Sigvald Christensen of Ferndale, Whatcom County, Washington was born on November 28, 1913, and died at age 65 years old in November 1978.

Sigvald Christensen
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Ferndale, Whatcom County, Washington 98248
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November 28, 1913
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November 1978
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Updated: November 10, 2011
Biography ID: 82324471 What's this
Sigvald Christensen Sigvald Christensen (1913 - 1978)
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Sigvald Christensen's History: 1913 - 1978

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  • 11/28
    1913

    Birthday

    November 28, 1913
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    Unknown
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  • 11/dd
    1978

    Death

    November 1978
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  • Did you know?
    Sigvald Christensen lived 11 years shorter than the average family member when died at the age of 64.
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In 1913, in the year that Sigvald Christensen 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.
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In 1934, this person 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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Sigvald Christensen's Family Tree

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Sigvald Christensen Nov 28, 1913 - Nov 1978
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Other Biographies

Other Sigvald Christensen Biographies

Christensen, Sigvald (Sep 19, 1888 - Oct 1968)

Other Christensen Family Biographies

Christensen, Thomas (Born Aug 2, 1837) Christensen, Cora (Born May 21, 1885) Christensen, Charlotte D (Born Mar 4, 1842) Christensen, Millie (Born Jun 25, 1882) Christensen, William (Born Dec 7, 1872) Christensen, Anna (Born Sep 14, 1870) Christensen, Tena (Born Aug 8, 1877) Christensen, Minnie (Born Sep 26, 1879) Christensen, Henry (Born Dec 14, 1874) Christensen, Rasmus (Born Apr 9, 1821)
Christensen, Peter (Born Mar 27, 1839) Christensen, Grace (Aug 1, 1885 - Apr 1979) Christensen, Selma (Dec 2, 1891 - Oct 1978) Christensen, Ernest (Nov 10, 1897 - May 1977) Christensen, Lillian (Sep 9, 1906 - Sep 1998) Christensen, Frances (Dec 12, 1908 - Dec 16, 1993) Christensen, Mary (Sep 14, 1907 - Jan 13, 1998) Christensen, Diane (Oct 7, 1949 - Feb 17, 2009) Christensen, Maxine (Aug 18, 1916 - Aug 3, 2006) Christensen, Nina (Apr 16, 1917 - Nov 23, 1996)
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