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FedEx was founded as Federal Express Corporation in 1971, by 28-year-old Memphis, Tennessee, native Frederick W. Smith. Smith, a former Marine pilot in Vietnam, originally outlined his idea for an overnight delivery service in a term paper he wrote for a Yale University economics class.
The American Stock Exchange (AMEX) got its start in the 1800's and was known as the Curb Exchange until 1921 because it met as a market at the curbstone on Broad Street near Exchange Place. Its founding date is generally considered as 1921 because this is the year when it moved into new quarters on Trinity.