Today is Monday, Feb. 25, the 56th day of 2008. There are 310 days left in the year. On this date in
Today is Monday, Feb. 25, the 56th day of 2008. There are 310 days left in the year. On this date in 1913, the 16th Amendment to the U.S. Constitution, giving Congress the power to levy and collect income taxes, is declared in effect by Secretary of State Philander Chase Knox.
In 1836, inventor Samuel Colt patents his revolver. In 1901, U.S. Steel Corp. is incorporated by J.P. Morgan. In 1948, Communists seize power in Czechoslovakia. In 1957, the Supreme Court, in Butler v. Michigan, overturns a Michigan statute making it a misdemeanor to sell books containing obscene language that would tend to corrupt “the morals of youth.” In 1964, Cassius Clay (later Muhammad Ali) becomes world heavyweight boxing champion by defeating Sonny Liston in Miami Beach, Fla. In 1991, during the Persian Gulf War, 28 Americans are killed when an Iraqi Scud missile hits a U.S. barracks in Dhahran, Saudi Arabia.
February 25, 1983: The Ohio Division of Securities accuses American Skyship Industries Ltd. of selling stock at “grossly unfair terms” and suspends transactions until a hearing can be held. Stock is being sold to investors at 1,000 times the price it was sold to officers of the company.
Despite a profitable fourth quarter, Home Savings and Loan, Youngstown’s largest savings and loan, posts a record loss for 1982 of $3.9 million. General economic conditions and high interest rates are challenging the industry.
February 25, 1968: The Youngstown Board of Health recognizes the Teamsters Union as bargaining agent for 22 employees.
Growing shortages of copper are threatening the ability of copper-hungry plants in Youngstown to continue normal operations.
February 25, 1958: More than 300 people are at the Erie Railroad station before dawn to see fugitive insurance swindler John J. Tobin arrive from Texas in custody. A few hours later, Tobin pleads guilty to one of the embezzlement charges against him and resigns his seat on City Council.
Mahoning County residents open their hearts, contributing more than $23,388 to the Youngstown Area Heart Association fund.
February 25, 1933:The annual report of the Reuben McMillan Free Library Association shows that one in every three Youngstowners has a library card and that the library’s 152,508 books were turned over an average of eight times during 1932.
Girard city officials appear to be ready to reject a proposal by Youngstown Water Commissioner Dan Parish that Girard buy its water from Youngstown and abandon operation of its own water plant.