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January 12, 1941

Revisit the news, notable people, and historical moments connected to this date.

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Headlines from January 12, 1941

BOND DEPRECIATION HELD CAPITAL LOSS; Supreme Court Passes Accordingly on Conflicting Decisions by Circuit Tribunals TAX DEDUCTION IS LIMITED Act of 1934 Confines 'Sales or Exchanges' Provision to Total of $2,000 BOND DEPRECIATION HELD CAPITAL LOSS

By Godfrey N. Nelson

In 1933 Robert L. Doughton, chairman of the House Ways and Means Committee, by authority of a House resolution appointed a subcommittee to study and report upon the income-tax laws with a view to improving and simplifying them. One of the major problems considered by the subcommittee was the treatment of capital gains and losses.

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Noreen Stonor Wed in St. James; Younger Daughter of Lord and Lady Camoys Bride of John R. Drexel 3d Here Hon. MildredNoreen StonorBecomes Bride Of John R. Drexel3d in St. James Church

By Unknown Author

In a simple floral setting of white blossoms and ferns a wedding of international importance took place here yesterday afternoon when the Hon. Mildred Noreen Stonor, younger daughter of Lord and Lady Camoys of Stonor Park, Oxfordshire, England, and Newport, R.I., was married to John R. Drexel 3d, son of Mrs. Thompson Drexel of 30 East Sixtieth Street and of the late John R. Drexel Jr., in St. James Protestant Episcopal Church.

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Notable Births

Long John Baldry

1941Long John Baldry, English-Canadian singer-songwriter and voice actor (died 2005)[โ€ ]

John William "Long John" Baldry was an English musician and actor. In the 1960s, he was one of the first British vocalists to sing the blues in clubs and shared the stage with many British musicians including the Rolling Stones and the Beatles. Before achieving stardom, Rod Stewart and Elton John were members of bands led by Baldry. He enjoyed pop success in 1967 when "Let the Heartaches Begin" reached No. 1 in the UK, and in Australia where his duet with Kathi McDonald, "You've Lost That Lovin' Feelin'", reached No. 2 in 1980.

Fiona Caldicott

1941Fiona Caldicott, English psychiatrist and psychotherapist (died 2021)[โ€ ]

Dame Fiona Caldicott was a British psychiatrist and psychotherapist who also served as Principal of Somerville College, Oxford. She was the National Data Guardian for Health and Social Care in England until her death.

Chet Jastremski

1941Chet Jastremski, American swimmer and physician (died 2014)[โ€ ]

Chester Andrew Jastremski was an American competition swimmer, Olympic medalist and world record-holder.