16 May 1929 May 15, 2014 Author: Staff The first Academy Awards are handed out. Famous Words of Inspiration..."A grave is a place where the dead are laid to await the coming of the medical student." Ambrose Bierce — Click here for more from Ambrose Bierce Related posts: 16 August 1929 17 January 1929 11 August 1929 Categories: History Tags: 16 May, 1929