Davis Lambert (1902 - 1973) - Mount Carmel, Illinois | Genealogy & Family History
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Davis Lambert 1902 - 1973

Davis Lambert of Mount Carmel, Wabash County, Illinois was born on October 20, 1902, and died at age 71 years old in December 1973.
Davis Lambert
Mount Carmel, Wabash County, Illinois 62863
October 20, 1902
December 1973
Male
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Davis Lambert's History: 1902 - 1973

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In 1902, in the year that Davis Lambert was born, the modern air conditioner was invented by Willis H. Carrier. The company that he worked for needed to find a way to control humidity and by solving this problem, Carrier created a system that could be used for cooling the rooms of a house. The Sun Belt thanks him!
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In 1934, at the age of 32 years old, Davis was alive 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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Davis Lambert's Family Tree & Friends

Davis Lambert's Family Tree

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