403b is similar to a 401k. Contributions and investment earnings in a 403b grow tax deferred until retirement, at which time they are taxed as ordinary income. For the most part, you will pay a 10% penalty if you receive distribution prior to age 59 Â½ except when allowed.
Charles Goodyear and the Invention of Vulcanized Rubber. None of it would have been possible without Charles Goodyear, who in 1844 -- more than 50 years before the first rubber tires would appear on cars -- patented a process known as vulcanization.
The first rubber band was developed in 1843, when an Englishman named Thomas Hancock sliced up a rubber bottle made by some New World Indians. Although these first rubber bands were adapted as garters and waistbands, their usefulness was limited because they were unvulcanized.