FROM WIKIPEDIA COMMONS
Colonel Jacob Schick (September 16, 1877 – July 3, 1937) was an American inventor and entrepreneur who patented the first electric razor and started the Schick Dry Shaver, Inc. razor company. He is the father of electric razors. Schick became a Canadian citizen in 1935 to avoid an investigation by the Joint Congressional Committee on Tax Evasion & Avoidance after he moved most of his wealth to a series of holding companies in the Bahamas.
Jacob Schick’s first business venture, the Magazine Repeating Razor Co. (founded 1926) sold a razor with injection cartridge blades designed much like a repeating rifle, where the blades were sold in clips that could be loaded into the razor without touching the blade. This business provided the necessary capital to develop his electric razor concept when he sold it to the American Chain & Cable Company in 1928.
- BORN 1851: CHARLES HENRY DOW (FOUNDER OF DOW JONES & COMPANY)
- BORN 1854: JOHN PHILIP SOUSA (COMPOSER)
- BORN 1946: SALLY FIELD (ACTRESS)
- 1947: MEET THE PRESS MADE ITS TELEVISION DEBUT
- BORN 1948: GLENN FREY (MUSICIAN)
- 1984: PRESIDENT RONALD REAGAN WON REELECTION IN AN ELECTORAL LANDSLIDE
- BORN 1988: EMMA STONE (ACTRESS)
- 2003: NATIONAL PUBLIC RADIO ANNOUNCED THE LARGEST DONATION IN ITS HISTORY, A CASH BEQUEST FROM THE WILL OF THE LATE PHILANTHROPIST JOAN KROC OF ABOUT $200 MILLION. THE NONPROFIT ORGANIZATION CALLED THE DONATION THE “LARGEST MONETARY GIFT EVER RECEIVED BY AN AMERICAN CULTURAL INSTITUTION.”