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.
A brief history of rubber. 1  1000CE: Indians living in Central and South America have learned how to made waterproof clothes and shoes using latex from rubber trees. They call rubber trees cahuchu (crying wood), which is why the French still call rubber caoutchouc (pronounced cow-chew) today.