Add me to mailing list | Change email  Search
Advertising | All Lists | Archives | Classified Ads | This Day In American History

Leasing News is a web site that posts information, news, and
entertainment for the commercial bank, finance and leasing industry



Friday, July 11, 2014

Today's Equipment Leasing Headlines

  Pictures from the Past
1993-Mary Jane Lindholm
   Classified Ads---Legal
Lessor Busted for Use of Floating Forum Selection Clause
By Tom McCurnin, Leasing News Legal News Editor   
    New Hires—Promotions
        Leasing Industry Ads---Help Wanted
Two Day Institute to Become CLP
   Four Sessions Available This Year
More than 40% of U.S. households are now wireless-only
   Chart-Mobile is Taking Over Digital Media Usage
Profit Analyst Course Available by Open Advance
  Steve Chriest’s Selling Up Now Part of Open Advance
Bank Branch Closures Hitting Suburbs Hardest
  SNL Financial Report
   Signature Bank New Specialty Finance Markets
      Through its Signature Financial LLC Subsidiary
BB&T Equipment Finance Corporation and Wells Fargo
 Equipment Finance, Inc. to Receive ELFA’s
   2014 Operations & Technology Excellence Award
July 11 Annual Collector Car Appreciation Day
   at Tacoma, Wash. LeMay – America’s Car Museum
   Labrador Retriever Mix
    Tacoma, Washington  Adopt-a-Dog
"Begin Again"/"Snowpiercer"
    "The Grand Budapest Hotel"/"Like Father Like Son"/"Caught"
        At the Theater/Amazon-Netflix by Fernando Croce
Leasing Conference Updates---Early Bird Discounts
  Reserve Your Hotel Now Before Sell Out
News Briefs--- 
U.S. Jobless Claims Fall to Lowest Level Since Before Recession
   What job growth? Mortgages hardly budge
 GE Capital See Farmers Considering Equipment Upgrades
   ---After Late Spring Season
  Payday lender Ace Cash Express to pay $10 million over
   debt-collection practices
     Citigroup said to be near $7-billion mortgage settlement
   FTC sues Amazon over in-app purchases
    Banks strive to comply with affirmative action rules
     Here are the top 20 selling albums of 2014… so far

Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)
Leasing News Icon for Android Mobile Device

  You May have Missed---
   SparkPeople--Live Healthier and Longer
    Sports Briefs---
      California Nuts Brief---
       "Gimme that Wine"    
          This Day in American History
           Daily Puzzle
               Weather, USA or specific area
                 Traffic Live----

######## surrounding the article denotes it is a “press release” and was not written by Leasing News nor information verified, but from the source noted. When an article is signed by the writer, it is considered a “by line.” It reflects the opinion and research of the writer.

Please send to a colleague and ask them to subscribe.
We are free.



Pictures from the Past

Mary Jane Lindholm
The Manifest Group
Marshall, Minnesota
(Former head of Manifest Leasing, Lyon’s Financial,
then Schwans, a food company (,
sold the company and it became U.S. Bank Manifest Funding Services.)


Photo: La Confrerie de la Chaine Des Rotissuers
Professionnel de la Table Mary Jane Lindholm with Steve
(Chaine is an international food society)
In 1997 she was running a gourmet internet business delivered in 7 states. Website is down, so assume no longer in this business. ( states today she is:

Vice Chairman of Independent Banc Shares
Excelsior, Minneapolis



Classified Ads---Legal

(These ads are “free” to those seeking employment or looking
to improve their position)

San Diego , CA 
Experienced in-house corporate, equipment leasing and financial services attorney seeks position as managing or transactional counsel. Willing to relocate.
Cell Phone: 760-533-4058; | Resume

Free Posting for those seeking employment in Leasing:

All “free” categories “job wanted” ads:


Lessor Busted for Use of Floating Forum
Selection Clause
By Tom McCurnin  
Leasing News Legal News Editor   

A Forum Selection Clause Has to be Specific and a Forum Selection Clause Which Says That Venue is Proper Anywhere Lessor or Its Assignee is Located is Unenforceable

U.S. Bank Nat. Ass'n v. San Bernardino Public Employees' Ass'n  2013 WL 6243946 (D.Minn.,2013)

Forum Selection Clauses have been around for about 30 years now, and it always surprises me when a creditor gets busted for using one which isn’t specific.  Here, US Bank had a Forum Selection Clause which basically said that venue was proper anywhere it was or anywhere its assignees might be.  The Court refused to enforce the clause.  The facts follow.

US Bank leased copier equipment to San Bernardino Public Employees Association, which I presume is a public sector union.  It is undisputed that the Lessee was not located anywhere except in San Bernardino County in California.  But when the Lessee defaulted, the Lessor aggressively filed suit in Minnesota.

The Forum Selection Clause read as follows:

“This Agreement shall be deemed fully executed and performed in the state of Lessor or its Assignee's principal place of business and shall be governed by and construed in accordance with its laws. If the Lessor or its Assignee shall bring any judicial proceeding in relation to any matter arising under the Agreement, the You irrevocably agrees that any such matter may be adjudged or determined in any court or courts in the state of the Lessor or its Assignee's principal place of business, or in any court or courts in Your state of residence, or in any other court having jurisdiction over you or your assets, all at the sole election of the Lessor.  You hereby irrevocably submits generally and unconditionally to the jurisdiction of any such court so elected by Lessor in relation to such matters.  You waive trial by jury in any action between us.”
Well that clause says nothing.  The case could be filed anywhere in the world, according to that language. 

While the Court stated that such floating clauses may be enforceable in certain circumstances, the Lessee wisely brought a second motion to transfer the case to the Central District of California for convenience purposes, because the contract was signed there, the Lessee resides there, the equipment is there, and the case could have been brought there.  Based on those evidentiary submissions the District Court correctly transferred the matter to the Central District of California.

What are the lessons here?

•  First, What is the Point of Using a Floating Forum Selection Clause?  I’ve seen more of them turned down, like in this case, than enforced.  Is it because the lessor has an intention of assigning the paper? 

•  Second, If You Use a Floating Forum Selection Clause, Consider Waiving It. Personally, for me, suing in a faraway State, and then having to transfer or domesticate a Judgment doesn’t add much to the litigation, and indeed makes the litigation more time consuming and expensive, as it did here.  The lessor’s equipment is in the home State, the Lessee is located there, and its bank accounts are there.  Why sue 1,500 miles away? 

The bottom line to this case is that it demonstrates the distain the Courts have for floating Forum Selection Clauses.  Don’t use them, and if you have to put them in the lease, waive the requirement. 

US Bank Case

Tom McCurnin is a partner at Barton, Klugman & Oetting
in Los Angeles, California.

Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ave.
Suite 2200
Los Angeles, CA 90071
Direct Phone: (213) 617-6129
Cell (213) 268-8291
Visit our web site at

Previous Tom McCurnin Articles: 



New Hires—Promotions


Linda Brand was hired as Regional Sales Manager for Creekridge Capital’s Technology Sales Team; working out of the Creekridge, Minneapolis office. “She will focus on identifying and managing the sales process for our telecom niche inside the company's technology platform. She has developed partnerships and grown market share within several Fortune 1000 and Fortune 500 accounts. Throughout her career, she has received numerous awards for her outstanding sales leadership and accomplishments.” Previously, she was Global Account Manager - Manufacturing Vertical, Motorola Solutions (July, 2007–July 2014); National Sales Director, Comm-Works, LLC (January, 2003–July, 2007); Regional Account Manager, Wire One Technologies (November, 2001–November, 2002); Director of Sales,
Digital River (January, 2001–July, 2001); Market Manager, Black Box Network Services (1987–2000). Education: St. Catherine University

Jerry Claret was hired by Nations equipment Finance as Senior Vice
President, Sales.  He “…will be responsible for Nation’s lease and loan origination activities in Alabama, Arkansas, Florida, Louisiana, Mississippi and Oklahoma. Jerry has more than 30 years’ experience in the equipment finance industry and prior to joining Nations served as business development manager at ENGS Commercial Finance. He previously held positions at Old Florida National Bank, Equify Financial, People’s United Equipment Finance and CitiCapital Commercial Corporation."

Jacob Cutler was hired as Senior Account Manager at Diversified Capital, Gillette, New Jersey.  “He will be responsible for the development of target markets, with a focus on the medical industry through its Health Care Equipment Funding division, said “ said Bruce Smith, President and owner of Diversified Capital. “We are excited to welcome Jacob back to the US, and as a member of our team. … Originally from the greater Boston Area, Jake has just returned to the United States from the UK where he had a five year career in leasing spanning a wide variety of hard assets, with a focus on technology and medical. Jake’s most recent position was with the Commonwealth Bank of Australia based in London, supporting life cycle management of assets.” Previously he was European Business Development, Equigroup Pty Ltd (Commonwealth Bank of Australia) (August, 2012–May 2014). IT Vendor Finance, Relationship Manager, Syscap (July, 2010–August, 2012). Account Manager Asset Finance and Leasing,
Halo Corporate Finance (September, 2007–March, 2009). Certifications: Celcius Sales Training - 3 Modules, Alun Graves Consultancy Limited. Languages: Spanish. Education: Northeastern University, BSc, Business, Psychology (1997–2000). Rollins College, The Rivers School of Weston, Diploma (1989–1993).

Mark Duncan, CFA, was hired as Vice President & General Manager, Indirect Finance at Hitachi Capital America Corp., Norwalk, Connecticut. Previously he was Managing Director, Corporate Development / Mergers & Acquisitions, GE Capital (1996–2014);  Investment Analyst, Commercial Lending, GE Capital (1994–1996). Education: Northeastern University - Graduate School of Business Administration, MBA, Finance & Investments. Activities and Societies: Beta Gama Sigma Honor Society. Michigan State University, BA, Marketing, Eli Broad College of Business. CFA Institute (Association for Investment Management and Research). Chartered Financial Analyst Designation, Finance & Investments

Joseph Hall was promoted to Business Development Manager
HOBI International, Dallas, Texas.  He joined the firm as Sales Manager, May, 2012. Prior, he was CEO and Owner, Hallnet LLC (January, 2009–April, 2012); Portfolio Manager, TIP Capital (April, 2007–January, 2009); Asset Manager, CIT Business Technology / CIT Systems Leasing (January, 2001–January, 2006); Portfolio Manager, Comdisco (February, 1999–April, 2001); Portfolio Manager, Independent third party leasing company (January, 1998–January, 2001); Portfolio Manager, EDS (1991–1994); Sales Manager / Product Manager, Source Telecommunications (January, 1985–January, 1991); Lobbyist / General Manager, Warner Cable Communications (January, 1979–January, 1985). Education: University of Cincinnati, MS, Social Welfare Administration (1975–1976). Activities and Societies: Recipient of US Dept. of Health and Human Services Teaching Assistantship: helped to finance my graduate degree. The Ohio State University, BS, Social Work (1969–1973). Activities and Societies: Elected to Sphinx Senior Honorary President of Union Activities Board, Evans Scholar recipient: 4 year academic scholarship. The Ohio State University, Bachelor of Science, Social Work. University of Cincinnati, Master, Social Work Federal Health and Human Services Full Scholarship

Matt LeSage was promoted to new chief commercial officer at GE Capital Equipment Finance.  He joined GE Capital in 2009 and last position was Managing Director, Vendor Finance, Dallas, Texas. Prior he was VP Direct Marketing, Genworth Financial (February, 2003–March, 2006). He is on the board of the Equipment Leasing and Finance Foundation. Education: University of California - Berkeley, MBA (September, 2001–May 2003); University of Michigan - Ann Arbor, BBA (September, 1989–May, 1993).

David Menuck was promoted to Equipment Finance Territory Manager - AVP at Wells Fargo, Greater San Diego Area, California.  He joined Wells Fargo, April, 2013, as Business Development Officer - Business Banking Group. Prior, he was Senior Account Manager, American Capital Group Inc. (January, 1999–March, 2012). Honors & Awards: Top Performer Recognition Award - Q2 2013; Top Performer Recognition Award - Q1 2014. Education: University of Arizona (1992–1997). Torrey Pines High School (1989–1992) 

Tiger Ogawa promoted to President at Century Tokyo Leasing (USA) Inc, Purchase, New York.  He joined the company, October, 2002, and previously was SVP and National Marketing Director. Managing Director at Century Tokyo Capital (Malaysia) Sdn. Bhd.

Paul J. Phillips was hired as Business Development Manager at Windset Capital Corporation, Riverton, Utah. Previously he was Regional Marketing Manager, Pawnee Leasing Corporation (March, 2009–June, 2014); Operations Director/ Sales, First Pacific Funding (2006–2009).

Paul Poljak was hired as VP Commercial Leasing Manager at NexTier Leasing, Butler, Pennsylvania, to start a new leasing division to support the branch system and vendor base; based in Pittsburg, Pennsylvania.  Previously he was Managing Director, Allegheny Valley Bank (2008–2014); SVP, Pennsylvania Capital Bank (1996–2000).Education: Robert Morris University 

Scott Rafkin was appointed President of Volvo Financial Services, VFS. He is currently the acting President of VFS, and was prior to that Chief Financial Officer, CFO, of the same company. Scott Rafkin has held various senior positions within VFS since 2001, and has been the acting President since January 2014, when he replaced the previous President Martin Weissburg. He has over 17 years financial services experience and an extensive in-depth knowledge of the transportation and equipment finance industry. He lives in the U.S.  Education: University of Massachusetts at Amherst - Isenberg School of Management, Bachelor of Business Administration (BBA), Accounting and Finance, Magna Cum Laude (1987–1991).

Sam Wetmore was hired as District Manager at Equify, LLC.,
Fleming Island, Florida.  Prior, he was President, Crosswicks Financial Group, Inc. (February, 2012–Present). Credit/Special Projects Manager, Jacksonville Crane & Machinery, LTD. (October, 2009–March, 2012); Regional Sales Manager, LEAF Financial Corporation (March, 2008–September, 2009); Territory Manager, Wells Fargo Construction (January, 2007–March, 2008); Territory Manager, Commercial Credit Group Inc. (June, 2005–January, 2007); Finance Manager, MD Moody & Sons, Inc. (September, 2000–May, 2005); Vice President of Sales, Orix Credit Alliance (February, 1985–September, 2000). Volunteer, Wounded Warrior Project (January, 2012)



Leasing Industry Help Wanted


Collector, Atlanta, GA

Experienced, calling 11-90 day delinquent customers, assisting Asset Re-marketer with delinquency reporting, weekly reporting to home office.

Sales, Chicago, Atlanta

Work out of main office and satellite. Heavy phone sales calling on both independent dealers and end users (cold/warm calling), marketing, weekly reporting to management. Outside territorial salespeople will also be considered.

Contact: Michael Testa 312-881-3133
Financing for Commercial Truck & Trailer, Exotic, High Line, Vintage & Classic Automobiles, Taxi, Livery & Paratransit


For information on placing a help wanted ad, please click here:

Please see our Job Wanted section for possible new employees.


Two Day Institute to Become CLP
   Four Sessions Available This Year

The Institute for Leasing Professionals (ILP) is a not-for-profit educational outreach of the National Equipment Finance Association. The Institute for Leasing Professionals 2 day program is a comprehensive education program designed by equipment leasing and financing professionals. It is a 16-module course that covers the most important subjects in the equipment leasing and financing profession.

Chicago ILP: July 23-24th
Location: ECS Financial Services
CLP Exam: July 25th

California ILP: August 8-9th
Location: Banc of California
CLP Exam: August 10th

Washington ILP: August 12-13th
Location: Financial Pacific Leasing
CLP Exam: August 14th

Maryland ILP: October 10-11th
Location: FSG Capital
CLP Exam: October 12th


For additional Information:
Reid Raykovich, CLP - Executive Director
(206) 535-6281 - direct


Mr. Terry Winders available as a consultant regarding assisting attorneys in resolving disputes or explaining procedures or reviewing documents as utilized in the finance and leasing industry.

He is the author of several books, including DVD's, as well as weekly columnist to Leasing News. He also performs audits of leasing companies as an expert on documentation, and has acted as an expert witness on leasing for litigation in legal and tax disputes, including before the IRS. He also has taught the senior bank examiners, how to review a bank leasing department, for the Federal Reserve in Washington D.C. and has trained the examiners for the FDIC on how to prepare a lease portfolio for sale.


(This ad is a “trade” for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)


More than 40% of U.S. households are now wireless-only
by Phil Goldstein,

Americans continue to ditch their landline service in favor of wireless, according to a new survey from the Centers for Disease Control and Prevention. However, the rate of which U.S. households are eliminating landline service has slowed down from recent years, the data shows.

According to CDC's National Center for Health Statistics, in the second half of 2013, 41 percent of U.S. households relied solely on a wireless phone. That figure is up from 38.2 percent in the second half of 2012, 34 percent in the second half of 2011 and 29.7 percent in the second half of 2010.

However, the rate of landline loss is slowing. As the Pew Research Center notes, the share of wireless-only households increased just 2.8 percentage points from the same period in 2012. In 2010, the share of wireless-only households grew by 5.2 percentage points; 4.3 percentage points in 2011; and 4.2 percentage points in 2012.

The wireless-only households surveyed in the second half of 2013 included 93 million adults and nearly 35 million children, according to the survey.

More people are expected join the wireless-only segment of the population. The CDC study found that 16.1 percent of U.S. households described themselves as being "wireless-mostly." That designation means that even though the household has a landline phone, "all or almost all" of their calls are received on a wireless phone.

Young adults are the most likely to be living without a landline. Nearly two-thirds (65.7 percent) of 25- to 29-year-olds, 59.7 percent of 30- to 34-year-olds, and 53 percent of 18- to 24-year-olds live in wireless-only households, according to the CDC. However, as Pew points out, those percentages have not really budged, and in some cases are even below, those recorded in the first half of 2013.




Profit Analyst Course Available by Open Advance
Steve Chriest’s Selling Up Now Part of Open Advance


Bank Branch Closures Hitting Suburbs Hardest

As banks close branches in the face of secular pressures, they often point to redundant nearby branches that will continue to serve the community; however, net branch closures since 2010 appear to be more concentrated in the spread-out suburban areas.

Bank of America Corp. has openly acknowledged it will favor retention of urban branches while closing others in more rural locations. To test whether industry peers seem to be following the trend, SNL took a look at the largest U.S. metropolitan areas across the country, finding that branch closures have been more likely to hit suburban communities.

The metropolitan statistical area to see the most net branch closures since 2010 is the Chicago-Naperville-Elgin, IL-IN-WI, MSA. Closures in the metro were more likely to occur on the suburban outskirts. In fact, while the metro area overall led the nation in net branch closures, some neighborhoods in the urban core saw net gains in branches, particularly the area often referred to as the Loop, sandwiched between I-90 and Lake Michigan.

TCF Financial Corp. helped push the Chicago metro area to the top of the net closures list when the bank announced in December 2013 that it would close 37 bank branches located inside Jewel-Osco grocery stores. The move follows an industrywide trend of banks slashing locations, including in-store branches as well as the overall branch footprint.

Mark Goldman, a TCF spokesman, told SNL that the bank is not pursuing an urbanization strategy similar to Bank of America's. Also, Goldman said the bank is deeply committed to the Chicago market, noting "tremendous growth," and that he could not offer specifics on how the bank decided which branches to close.

"We concluded that even with additional products and services, the branches we closed were not going to provide TCF with a reasonable rate of return. And the vast majority of them had another TCF branch very close by, geographically," Goldman said.

Full report and analysis here:


John Kenny 
Receivables Management

• End of Lease Negotiations & Enforcement
• Fraud Investigations
• Credit Investigations • Asset Searches 
• Skip-tracing • Third-party Commercial Collections | ph 315-866-1167|

(Leasing News provides this ad as a trade for investigations
and background information provided by John Kenny)


##### Press Release ############################

Signature Bank New Specialty Finance Markets
Through its Signature Financial LLC Subsidiary

Bank’s Specialty Finance Subsidiary Launches National Franchise and Commercial Marine Financing Business Lines

NEW YORK--Signature Bank (Nasdaq: SBNY), a New York-based full service commercial bank, announced that its specialty finance subsidiary, Signature Financial LLC, will begin offering direct finance services for both the franchise and commercial marine industries on a national basis.

Signature Financial’s franchise business will provide financing to franchise operators across a variety of national and regional restaurant concepts and chains, such as those engaged in fast-casual and family-oriented restaurant businesses.

Its commercial marine unit will specialize in the financing of commercial vessels, including supply ships, tug boats, barges and commercial passenger transport vessels.

Heading efforts for the franchise business is John R. Black, a franchise financing expert with 33 years of industry-related experience. In his new role as National Franchise Finance Manager, Black will be responsible for loan origination, strategy and direction of Signature Financial’s franchise finance business.

Before joining Signature Financial, Black served as Vice President - Business Development Officer for BankUnited in Miami where he handled franchise lending, primarily for fast-food restaurants. Throughout his career, he held a range of positions at Sovereign Bank, Imperial Capital Bank and Safeco Credit Co., all focused on franchise financing. During his 13-year tenure at Safeco, he was the leading originator of franchise financing loans. Black also was Vice President – Marketing for NFA Restaurant Finance and earlier in his career, spent nearly 10 years at Westinghouse Corp., in a range of credit-related roles.

Supporting Black is Thomas E. Eylander, who was named Senior Risk Underwriting Manager for franchise finance. Eylander, with 35 years of related experience, most recently served as Senior Credit Analyst/Senior Underwriter at Pacific Continental Bank. He also held credit/loan administration roles at United Grocers, Inc. and Associated Grocers, Inc. Eylander spent 22 years at Safeco serving in a range of credit management and analyst roles, including working with Black in the franchise finance sector as Senior Risk Officer.

Richard J. Paine, Sr. was appointed National Marine Sales Manager for Signature Financial’s new commercial marine finance initiative. In this capacity, he will lead Signature Financial’s direct commercial marine business development efforts and aid in the development of the new unit’s strategic direction. Paine brings more than 20 years of marine lending expertise to his new position. Most recently, he was National Finance Manager in the Commercial Marine Group at TCF Equipment Finance, Inc., where he started the company’s specialized maritime and transportation group, targeting shipbuilders, operators, service providers and vessel owners. Additionally, Paine created the marine lending initiative at Key Equipment Finance, a division of KeyBank Corp. He also held other finance and business development roles at CitiCapital, General Electric Commercial Corp., and Debis Financial Services, Inc., a division of Daimler Chrysler.

Joseph DePaolo
President and CEO
Signature Banki

“During the past several years, we have demonstrated and carefully pursued our interest in entering into complementary business lines that strengthen our offerings, as evidenced by the successful launch of Signature Financial in 2012 which has originated in excess of $2 billion in loans and leases. Our entrance into the specialty finance arenas for both the franchise and marine markets is another example of this strategy, and represents our commitment to seize relevant opportunities to provide clients a comprehensive portfolio of products and services. These initiatives will further strengthen Signature Bank’s already strong balance sheet through the diversification of our lending businesses,” explained Joseph J. DePaolo, President and Chief Executive Officer of Signature Bank.

Walter Rabin
President, CEO
Signature Financial

“This is an exciting endeavor for Signature Financial and Signature Bank, as we extend our specialty finance expertise into additional thriving industries. Since identifying significant opportunities within both the franchise and marine sectors, we are pleased to have attracted talented professionals like John, Richard and Tom to lead Signature Financial’s expansion in these two specialty areas. We welcome these industry-leading veterans to the Signature Financial team, and look forward to bringing their lending expertise to our Company and to the new clients we will be serving,” commented Walter Rabin, President and Chief Executive Officer at Signature Financial.

Black, a resident of Arlington, Texas, speaks often about franchise lending, and is a recognized industry resource. He holds a Bachelor of Arts Degree in Business Administration–Finance from the University of Georgia.

Paine resides in Island Park, N.Y. and will work from Signature Financial’s Melville, Long Island, N.Y. offices. He writes about the commercial marine business for industry trade publications and also is a speaker and moderator on relevant subject matter. He is a member of the Passenger Vessel Association and the American Waterways Operations, and former member of Society of Naval Architects and Marine Engineers. Eylander, a resident of Mill Creek, Wash., earned both his Bachelor’s degree in Business Administration and a Master’s degree in Business Administration from Pacific Lutheran University in Tacoma, Wash.

About Signature Bank
Signature Bank, member FDIC, is a New York-based full-service commercial bank with 27 private client offices throughout the New York metropolitan area. The Bank’s growing network of private client banking teams serves the needs of privately owned businesses, their owners and senior managers.

Signature Bank offers a wide variety of business and personal banking products and services. The Bank operates Signature Financial, LLC, a specialty finance subsidiary focused on equipment finance and leasing, transportation financing and taxi medallion financing. Investment, brokerage, asset management and insurance products and services are offered through the Bank’s subsidiary, Signature Securities Group Corporation, a licensed broker-dealer, investment adviser and member FINRA/SIPC.

Since commencing operations in May 2001, the Bank has grown to $23.1 billion in assets, $18.3 billion in deposits, $1.91 billion in equity capital and $1.99 billion in other assets under management as of March 31, 2014. Signature Bank's Tier 1 and risk-based capital ratios are significantly above the levels required to be considered well capitalized.

Signature Bank's 27 offices are located in: Manhattan (9) - 261 Madison Avenue; 300 Park Avenue; 71 Broadway; 565 Fifth Avenue; 950 Third Avenue; 200 Park Avenue South; 1020 Madison Avenue; 50 West 57th Street and 2 Penn Plaza. Brooklyn (3) - 26 Court Street; 97 Broadway and 6321 New Utrecht Avenue. Westchester (2) - 1C Quaker Ridge Road, New Rochelle and 360 Hamilton Avenue, White Plains. Long Island (7) - 1225 Franklin Avenue, Garden City; 53 North Park Avenue, Rockville Centre; 68 South Service Road, Melville; 923 Broadway, Woodmere; 40 Cuttermill Road, Great Neck; 100 Jericho Quadrangle, Jericho and 360 Motor Parkway, Hauppauge. Queens (3) –36-36 33rd Street, Long Island City; 78-27 37th Avenue, Jackson Heights and 8936 Sutphin Blvd., Jamaica. Bronx (1) - 421 Hunts Point Avenue, Bronx. Staten Island (2) - 2066 Hylan Blvd. and 1688 Victory Blvd.

#### Press Release #############################



#### Press Release #############################

BB&T Equipment Finance Corporation and Wells Fargo Equipment Finance, Inc. to Receive ELFA’s
2014 Operations & Technology Excellence Award


Washington, D.C. — The Equipment Leasing and Finance Association (ELFA) announces that its 2014 Operations and Technology Excellence Award will go to two companies: BB&T Equipment Finance Corporation and Wells Fargo Equipment Finance, Inc. The winners were selected by a subcommittee of ELFA members and will be showcased during ELFA’s Operations and Technology Conference, Sept. 8-9 at the Westin Buckhead in Atlanta, Ga.

Deborah Reuben
Founder/ Consultant
Reuben Creative, LLC

“Both BB&T Equipment Finance Corporation and Wells Fargo Equipment Finance took on the difficult challenge of modernizing and transforming legacy business processes and technology to establish a firm foundation for continued growth in an ever-changing business environment,” said Deborah Reuben, Founder of Reuben Creative, LLC, and Committee Chair for the award. “Both winners are inspiring examples of the innovative spirit of the ELFA Operations and Technology Excellence Award. We look forward to hearing stories from both winners at the ELFA Operations & Technology Conference in September."

William G. Sutton, CAE
ELFA President/CEO

“ELFA is pleased to showcase innovative uses of technology in the equipment finance industry,” said William G. Sutton, CAE, ELFA President and CEO. “The best practices demonstrated by BB&T Equipment Finance Corporation and Wells Fargo Equipment Finance, Inc. serve as models on the effective use of technology in our industry, and further demonstrate how ELFA members are ‘Equipping Business for Success.’”

BB&T Equipment Finance Corporation is recognized for their impressive and challenging business reinvention initiative, which included the implementation of a new end-to-end leasing technology platform. More than a system implementation, through this project BB&T, working with Odessa Technologies, Inc., radically changed their entire operation end-to-end to establish a foundation to support new market focus and aggressive growth goals. The project illustrates how technology coupled with creative operational management can serve as a framework for dramatic business transformation.

Wells Fargo Equipment Finance, Inc. is recognized for their outstanding execution of a sophisticated and highly complex initiative to convert and integrate two completely different small-ticket businesses. Each business had different legacy systems and processes, which were integrated onto a single technology platform with minimal disruption. By using creative implementation methods, maintaining high levels of collaboration with business and solution partner International Decisions Systems, Inc., and retooling their project management approach, they implemented an end-to-end solution and achieved record earnings in both businesses during the year the integration took place, exceeding even their own expectations.

The Operations and Technology Excellence Award identifies and recognizes equipment leasing and finance companies that have demonstrated best practices in developing and implementing innovative uses of technology or creative business processes to improve operations, enhance customer interactions, enter new markets and build overall ROI. The program brings the backroom to the foreground, spotlighting the best in the industry as an example for others.

Previous Operations and Technology Excellence Award winners include:

  • 2013: TCF Equipment Finance, Inc. and SunPower Corporation.
  • 2012: LEAF Commercial Capital, Inc. and AIG Commercial Asset Finance
  • 2011: First American Equipment Finance and ICON Capital Corporation
  • 2010: Winthrop Resources Corporation
  • 2009: Key Equipment Finance, PHH Arval
  • 2008: Orion First Financial LLC, Trinity Industries Leasing Co.
  • 2007: TCF Equipment Finance, California First National Bancorp, and Xerox Capital Services
  • 2006: Farm Credit Leasing
  • 2005: Styx Capital, Relational LLC
  • 2004: Cisco Systems Capital Corporation
  • 2003: AgStar Financial Services, National Leasing Group
  • 2002: ABB Financial Services, IBM Global Financing, Caterpillar Financial Services Corporation

For information about the 2014 ELFA Operations and Technology Conference, Sept. 8-9 in Atlanta, Ga., go to

About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the $827 billion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 580 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. For more information, please visit

### Press Release ############################





### Press Release ############################

July 11 Annual Collector Car Appreciation Day
at Tacoma, Wash. LeMay – America’s Car Museum

TACOMA, Wash.) – LeMay – America’s Car Museum, with more than 300 classic vehicles in its four-level, 165,000 sq. ft. facility in Tacoma, Wash., celebrates this country’s love affair with the automobile and its impact on American culture 365 days a year.  On July 11, an even brighter national spotlight is directed on the USA’s 100-year-plus passion for automobiles when the fifth annual Collector Car Appreciation Day is observed.

“Collector cars are rolling pieces of history, infused with craftsmanship, engineering and art – many of which were designed without the luxury of a computer,” said Renée Crist, collections manager of ACM. “We’re excited there’s a special day devoted to these vehicles that highlights how a collector car can speak to an era and give context to how people lived in the past. In fact, many current ACM exhibits are perfect examples, including ‘Masters of Mustang,’ ‘Route 66’ and ‘Custom Coachwork.’”

Collector Car Appreciation Day, which draws awareness to the collector car hobby and preserving vehicles from the past, was established in 2010 through a bill co-sponsored by Sen. Jon Tester (D-MT) and Sen. Richard Burr (R-NC), both automotive enthusiasts and strong advocates for the collector car hobby.

“ACM and Collector Car Appreciation Day tell a story not just about cars, but of history and how our four-wheeled passion has shaped the American way of life,” says Crist. “Driving a car has always been a source of freedom and entertainment, which ACM and automotive enthusiasts around the country celebrate July 11.”

About LeMay – America’s Car Museum (
LeMay – America’s Car Museum, which opened in June 2012 in Tacoma, Wash., explores how the automobile has fulfilled a distinctive role at the core of the American experience and shaped our society. The four-level, 165,000 sq. ft. Museum with rotating exhibits is designed to be the centerpiece for automotive history as well as an educational center and library. The campus, offering a majestic view above the Foss Waterway is located adjacent to the Tacoma Dome and contains a 3.5-acre show field, theatre, café, banquet hall and meeting facilities. To get information on Museum hours, becoming an ACM member, volunteer opportunities or to make a donation, visit

#### Press Release #############################


Labrador Retriever Mix
Tacoma, Washington  Adopt-a-Dog

SCOUT - ID#A487563
Breed: Labrador Retriever mix
Gender: Neutered Male
Size: Medium
Age: 1 year, 7 months
Color: Gold
Location: 031

Shelter Staff made the following comments about this animal:
"Hi, my name is SCOUT and I would love to meet you. I am a Neutered Male Labrador Retriever mix. The shelter staff thinks I am about 1 year and 7 months old. I have been at the shelter since Jun 26, 2014."

For more information about this animal, call:
Humane Society for Tacoma and Pierce County at (253) 383-2733
Ask for information about animal ID number A487563

Humane Society for Tacoma and Pierce County
2608 Center Street
Tacoma, WA 98409
(253) 383-2733

adoption hours
Mon-Tue-Wed: 9:30 am - 5:30 pm
Thursday: 11:00 am - 5:30 pm
Friday: 9:30 am - 5:30 pm
Saturday: 9:00 am - 4:30 pm
Sunday: Closed

Adopt a Pet



Leasing Conference Updates---Early Bird Discounts
Reserve Your Hotel Now Before Sell Ou


September 4-6
2014 Eastern Regional Meeting
Lord Baltimore Hotel
Baltimore, MD

September 10-12
Canadian Finance and Leasing Association
The Fairmont Chateau Whistler
Whistler, British Columbia

Registration now Open, Program Available


September 18-20

Hyatt Regency San Antonio Riverwalk
123 Losoya Street
San Antonio, Texas  78205
United States

Event Schedule

Event Registration 


September 19 - 20, 2014
Tianjin, China
Sudhir Amembal: 
The First Global Leasing Industry Competitiveness Forum
For More Information:

Qualified leasing professionals from outside of China will not be charged any registration fees. They are, however, expected to pay for all their travel expenses including accommodations and meals at the venue.

From the Chinese side, the speakers will include prominent leasing company executives and supportive governmental representatives; from the international side, the speakers will be drawn from senior executives from leading leasing companies and others who have played a vital role in leasing's international growth.

More Information about the Conference free to those attending from outside China:
China Forum PDF


October 9 -10
Eurostars Grand Marina
Barcelona, Spain

Booking of rooms at the Grand Marina is to be done by filling in a Hotel Reservation Form, which can be downloaded from the Annual Convention website at:

Last year's event was a resounding success with more than 500 participants from across Europe as well from Australia, Canada, China, Morocco, South Korea and the USA.

Registration/Further Information:

October 19-21
2014 53rd Annual Convention
Manchester Grand Hyatt
San Diego, CA

Early Bird Registration Now Open


Cosmopolitan, Las Vegas, Nevada

 It will bring together critical decision makers concerning credit and collections 
from all facets of financial services.



November 5-7
34th Annual AGLF Fall Conference
Loews Ventana Canyon
Tucson, Arizona

November 6 - 8
2014 Western Regional Meeting
Hyatt Regency Irvine
Irvine, CA


November 11-13

The 2014 Middle East Leasing Summit to be held November 11-13 at the JW Marriott Marquis Hotel Dubai is reported to be strongly supported by leading leasing companies and international leasing association. 

This summit will gather regional government officials, vendor representatives, national organizations and industry leaders to interpret the air finance from the aspect of market situation, regulatory, growth point and second hand aircraft to better understand Middle East air finance market.

The conference promises "Deep insight into Middle East leasing market climate with introduction of Islamic Finance’s application and banks’ involvement. There is no doubt that this summit will provide a premier platform for its delegates to establish strategic cooperative partnerships, expand business. We firmly believe that your outstanding industrial background and broad knowledge would contribute significantly to the quality and scope of this

For more information, please visit the official website at

November 12 - 14
Commercial Finance Association
70th Annual Convention
Washington Marriott Wardman Park
Washington, D.C.


November 16 -17
NJ Expo Regional
Teaneck, New Jersey
(Sunday evening- All Day Monday)


November 18 - 21, 2014
Istanbul, Turkey
The Third Annual Operating Lease Conference

"Three prominent and qualified speakers have been added to the agenda.
They are: Stephan van Beek, Senior Director Sales & Marketing Development - EMEA, Oracle Financing, an expert on software leasing; Arnaldo Rodriguez, President – International Division, CSI Leasing, who is the epitome of having successfully globalized the product; and, Esteban Gaviria, CEO, Leasing Bancolombia, who leads the most successful bank-held operating leasing company in Latin America. I will chair the conference and also teach a two-day seminar preceding the conference."
          Sudhir Amembal

For More Information:

CFA Related Conferences

CFA Network Calendar

ELFA ---2014 Schedule of Conferences, Workshops
and e-Learning Opportunities



Fernando's View
By Fernando F. Croc

Winning drama ("Begin Again") and provocative action ("Snowpiercer") make a contrasting double-bill at theaters, while DVD releases offer whimsical fantasy ("The Grand Budapest Hotel"), a poignant family portrait ("Like Father Like Son") and an underrated classic ("Caught").

In Theaters:

Begin Again (The Weinstein Company): Acclaimed Irish filmmaker John Carney ("Once") serves up another melodically soulful drama with this engaging study of romance among songwriters. Mark Ruffalo stars as Dan, a New York record-label executive who, at the end of a very bad day, meets nonprofessional guitar player Greta (Keira Knightley). Going through a rough period of her following a breakup with her much more successful boyfriend (Adam Levine, of Maroon 5), Greta takes to singing in hopes of creating a name for herself. Impressed with her raw talent, Dan takes her under his wing, causing further tension with his daughter (Hailee Steinfeld) and ex-wife (Catherine Keener). Tackling such topics as relationships, family and creativity with an emotional, sincere touch, Carney's movie is a joyous breeze in a season of muggy releases.

Snowpiercer (The Weinstein Company): The man behind such unique films as "Memories of Murder" and "The Host," Korean filmmaker Bong Joon-ho makes his English-language debut with this ferocious science-fiction adventure. Set in the near future following an experiment that leaves only a handful of human survivors , the story takes place mainly inside the Snowpiercer, a train slicing its way through the frozen planet. Inside this metallic behemoth, a class system emerges, with the aristocracy installed at the front and the poor banished to the caboose. Tired of injustice, Curtis (Chris Evans) leads a rebellion against elite leader Mason (Tilda Swinton), creating an armed revolution that spreads from car to car in brutal spurts. With a cast that also includes Ed Harris and John Hurt, Bong creates a trenchant and kinetic political microcosm that's both exciting and thought-provoking.

Netflix Tip: "Snowpiercer" is scarcely the first time an acclaimed international filmmaker tried his hand at the Hollywood game. So check out Netflix for illustrious earlier cases like Fritz Lang's "Fury" (1936), Roman Polanski's "Rosemary's Baby" (1968), Michelangelo Antonioni's "Zabriskie Point" (1970), and Wong Kar-wai's "Blueberry Nights" (2007).


The Grand Budapest Hotel (Fox): One of current cinema's most meticulous eccentrics, Wes Anderson ("Moonrise Kingdom") is back with another set of colorful characters and locations. Taking place in an imaginary country in Europe, the film chronicles a teeming array of intersecting lives at the titular hotel, a once-majestic place now relegated to glorious memories and tall tales. Telling his story to a writer (Jude Law), the hotel owner Zero Moustafa (F. Murray Abraham) remembers his days as a young lobby boy (Tony Revolori). As the protégé of charming concierge Gustave (Ralph Fiennes), Zero gets tangled in a wild web of priceless paintings, imperial conspiracy, and romance. With an all-star cast and an endless display of Anderson's trademark visual inventiveness, this gorgeous comic fantasy should be a delight to fans of the director's distinctive cinematic stamp.

Like Father Like Son (Sundance Selects): A filmmaker with an alert eye and a delicate touch, Japanese director Hirokazu Koreeda ("Nobody Knows") focuses on the spaces between childhood and adulthood, kids and parents, innocence and experience. In this drama, he continues to study his troubled characters with serene empathy. The story focuses on a hard-working businessman (Masaharu Fukuyama) whose life is profoundly shaken when he learns that his son is not really his, the result of a mix-up at the hospital six years ago. But how will the arrival of his real biological son affect his relationship to the child he and his wife have been raising as their own flesh and blood? Though the plot sounds like a made-for-TV melodrama, Koreeda's gentle, warm approach fills the poignant happenings with humor, and charm. With subtitles.

Caught (Olive Films): A dazzling stylist responsible for many masterpieces ("Le Plaisir," "The Earrings of Madame de"), German director Max Ophuls spend some fascinating years in Hollywood. Among his works there was this trenchant 1949 drama, which has film noir elements but endures most as a devastating portrayal of troubled relationships. Barbara Bel Geddes stars as Leonora, a young model who believes she's making her dreams come true when she marries Smith (Robert Ryan), a Long Island millionaire who caters to her every whim. Unfortunately, he soon reveals himself to be paranoid, jealous and cruel, and Leonora becomes a prisoner of the luxury she once yearned for. Can her love for a struggling doctor (James Mason) free her? Featuring Ophuls' trademark elegant camerawork and a trio of remarkable central performances, this is top-drawer cinema that deserves to be rediscovered.



News Briefs----

U.S. Jobless Claims Fall to Lowest Level Since Before Recession

What job growth? Mortgages hardly budge

GE Capital See Farmers Considering Equipment Upgrades
 ---After Late Spring Season 

Payday lender Ace Cash Express to pay $10 million over debt-  
   collection practices

Citigroup said to be near $7-billion mortgage settlement

FTC sues Amazon over in-app purchases

Banks strive to comply with affirmative action rules

Here are the top 20 selling albums of 2014… so far




--You May Have Missed It

Cell Phone Spyware


SparkPeople--Live Healthier and Longer

Make Your Own Salad Dressing


Baseball Poem


Bill Lattanzi

Transmigratory birds -
Orioles, Jays, Cards -
In town one day, gone the next.
Our cities connect by rail by bus by train
By plane, by wire and less.
We move.
Born in the burbs, 90 miles from your
Calm, Bob Shepard:
"Now batting. The Centerfielder. Mickey Mantle."
And you were old then. Doing your crosswords,
Looking up at just the right moment, never
Missing a line. Your P.A. voice sitting
kindly between the squawk of the Scooter and
the Ol' Redhead, wised up, seen it all.

We migrate and grow by rail and plane and
PF Flyer - running faster, jumping higher -
Now we're minutes from Fenway, and
Sox fans, too. Proof that peace is possible;
It's all a game. And with my sons
We sit, ghost of my Dad and we and them and watch
Rootless and rooted, rooting,
And listen for you, Bob Shepard,
87 I think you are, still there,
In between clever McCarver and professional Buck.
Look up, Bob. Look up.
"Number 2. The shortstop. Derek Jeter. Jeter."
The game goes on.




Sports Briefs----

The Spurs Have Quietly Re-Signed Their Entire Team, And It's Terrifying For The Rest Of The NBA

Here’s How Much Tickets for the Final World Cup Game Cost

Shelly Sterling: Donald blew Barbara Walters sit-down shot

Wrigley Field renovation unanimously approved,0,82965.story

29 Minutes That Shook Brazil

Manziel: Johnny Football or Johnny Obnoxious?


((Please click on ad to learn more))
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)


California Nuts Briefs---

49ers unveil Levi's Stadium menu and beer list-- just don't call them 'hot dogs'

For Vegetarians at Levi’s Stadium


“Gimme that Wine”

A Casino in Napa Wine Country?

Lodi grower plans on smaller-than-average crop

Charles Smith Reinvents Substance

Southern Oregon’s under-the-radar wine country

Your Next Lesson: Zinfandel

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Winery Atlas\

Leasing News Wine & Spirits Page


This Day in History

   1656 - Ann Austin and Mary Fisher, two Englishwomen, become the first Quakers to enter the American colonies when the ship carrying them lands at Boston in the Massachusetts Bay Colony. The pair had come from Barbados, where Quakers had established a center for missionary work. The Religious Society of Friends, whose members are commonly known as Quakers, was a Christian movement founded by George Fox in England during the early 1650s. Quakers opposed central church authority, preferring to seek spiritual insight and consensus through egalitarian Quaker meetings. They also advocated sexual equality, and became some of the most outspoken opponents of slavery in early America. Shortly after arriving in Massachusetts, Austin and Fisher, whose liberal teachings enraged the Puritan colonial government, were arrested and jailed. After five years in prison, they were deported back to Barbados. In October of 1656, the Massachusetts colonial government enacted their first ban on Quakers, and on 20 October 1658, ordered Quakers banished from the colony "under penalty of death." On 27 October 1659, William Robinson and Marmaduke Stevenson became the first Quakers to be executed in America when they were hanged from an elm tree on Boston Common. Mary Dyer was sentenced with them but reprieved and warned not to return to Boston. She did, and was hanged on 01 June 1860. In the mid-eighteenth century, John Woolman, an anti-slavery Quaker, traveled the American colonies, preaching and advancing the abolitionist cause. He also organized boycotts of products made by slave labor, and was responsible for convincing many Quaker communities to publicly denounce slavery. Another of many important abolitionist Quakers was Lucretia Mott, who worked on the Underground Railroad in the nineteenth century, helping lead fugitive slaves to freedom in the Northern states and Canada. In addition to her anti-slavery crusade, Mott later became a leader in the movement for women's rights.    
    1719 - James Smith, signer of the Declaration of Independence, born at Ireland, date unknown, died 1806 this day.
    1767 - Birthday of John Quincy Adams, the first U.S. President whose father had also been President of the United States. He was the sixth President and the son of the second President. He also has the uniqueness for serving 17 years as a member of Congress from Plymouth, Massachusetts, after serving one single term as president. He died February 23, 1848, at the House of Representatives (in the same room in which he had taken the presidential oath of Office March 4, 1825).
    1786 - Morocco agreed to stop attacking American ships in the Mediterranean for a payment of $10,000.
    1798 - President John Adams signed the bill that re-established the Marine Corps. The Continental Congress had disbanded the service in April of 1783 at the end of the American Revolution. The Marine Corps, however, recognizes its "official" birthday to be the date that the Second Continental Congress first authorized the establishment of the "Corps of Marines" on 10 November 1775. To add to the confusion of the Corps' actual "historical" birthday, on 1 July 1797, Congress authorized the Revenue cutters to carry, in addition to their regular crew, up to "30 marines." Congress directed the cutters to interdict French privateers operating off the coast during the Quasi-War with France and thought the additional firepower of 30 marines would be needed by the under-manned and under-gunned cutters. It is unknown if any "marines" were enlisted for service with the Revenue cutters during this time.
    1804 - Alexander Hamilton was fatally wounded in a pistol duel with Aaron Burr. Since New Jersey did not have a law against dueling at the time, Burr and Hamilton, both New Yorkers, crossed the Hudson to Weehawken, New Jersey. New York had banned the practice earlier, partly due to Hamilton's own campaign efforts after his son was killed in a duel.  Hamilton had fought Burr’s run for the presidency in 1800, and for the governorship of New York in 1804, when Hamilton and others suspected that Burr intended to attach New York to the disgruntled New England states in a plan to disunite from the Union and form a northern confederacy. Jefferson and Burr had equal electoral votes, throwing the election to the House where each state would have one vote. There were 35 ballots in a row, deadlocked, until the 36th, and Burr became vice-president (there were separate elections for the office at that time). Burr challenged Hamilton, who deliberately misfired before Burr fired with the intent to kill. Burr was later tried for treason in an attempt to have Southern states secede from the union and join Mexico. 
   1819 - Birthday of Susan Bogert Warner - remarkably prolific and popular author said to be the first U.S. author to sell a million copies of a book. SBW collaborated on several with her sister Anna Bartlett Warner (08-31-1827) also a successful writer.
    1838 - Birthday of John Wanamaker, founder of Wanamaker’s Department Store, at Philadelphia.  A merchant, religious leader, civic and political figure, he was considered by some to be an early proponent of advertising and a "pioneer in marketing”.  He opened his first store in 1861, in partnership with his brother in-law, called "Oak Hall", at Sixth and Market Streets in Philadelphia, adjacent to the site of George Washington's Presidential home. In 1889, Wanamaker began the First Penny Savings Bank in order to encourage thrift. That same year, he was appointed Postmaster General by President Benjamin Harrison. Wanamaker was credited by his friends with introducing the first commemorative stamp, and many efficiencies to the Postal Service. He was the first to make plans for free rural postal service in the United States, although the plan was not implemented until 1897.
    1846 - The American flag replaced the California Republic flag at Sutter's Fort today. As soon as he received word that the U.S. and Mexico were at war, John Fremont quickly enrolled local Anglo settlers, mostly recent immigrants from Missouri and Iowa, into a militia force. Numbering about 500 men, Fremont moved the battalion south toward Los Angeles. He soon took the city without a fight. In fact, except for one small engagement of Mexican cavalry against a force of Army Regulars lead by General Stephen Kearny, coming into California from New Mexico, the rest of the colony willingly accepted American control.
    1848 - Governor of California, Gen. Richard Barnes Mason, visited gold fields to gather information for a report to the U.S. Government. He was accompanied by his aide, Capt. William T. Sherman. 
    1854 – Birthday of actress Georgiana Barrymore at Philadelphia, PA.  She is the mother of John, Ethel, and Lionel Barrymore and her maiden name, Drew, is that of her great, great granddaughter and current actress.
      1855 - Word arrived that Los Angeles yesterday suffered the heaviest earthquake ever felt there. Hardly a building escaped damage. Residents said the quake lifted the ground and then twisted it. Bells of the San Gabriel Mission Church were thrown down by the tremor.
    1864 - General Jubal A. Early, commanding Confederate troops attempting to draw Union forces away from Richmond, broke through inadequate Union forces southeast of Frederick, MD., and entered the District of Columbia. His goal was to attack the White House, as was General Lee’s original goal when his troops were caught at Gettysburg. At this time, the Union was aware of the original thrust by Lee and his forces and had been re-enforcing the capital. Noting that hastily ordered federal reserves were arriving in significant numbers, Early withdrew the next night. He continued to harass Union forces from Shenandoah Valley until the Battle of Cedar Creek in October. He was elevated by Lee to Lt. General. He was very loyal to Lee and an ardent critic of General Longstreet.
    1870 - Snowden School of Alexandria, VA, was the first African-American School established by a state. The Snowden and Hallowell schools were the first black public schools in the City of Alexandria. In 1915, the Snowden School for Boys was destroyed in a fire, but the students were allowed to attend St. Mary’s Catholic Church School which was located at the time on Wolfe and Royal Streets. In 1920, the Snowden and Hallowell schools were consolidated, and the resulting school was named the Parker-Gray School. Parker-Gray School is named for John Parker, principal of the Snowden School for Boys, and Sarah Gray, principal of the Hallowell School for Girls. 
    1884 - The first fountain pen that was practical was invented by Lewis Edson Waterman and was manufactured by the L.E. Waterman Company in New York City. During the first year, about 200 fountain pens were manufactured. They were originally manufactured by hand. Waterman also invented the machinery to produce fountain pens in commercial quantities. 
    1897 - Blind Lemon Jefferson Birthday
    1899 - Birthday of E.B. White, versatile author of books for adults and children “Charlotte’s Web” and editor of the New Yorker Magazine and co-author of the classic” “Elements of Style.” Died at North Brooklyn, ME, October 1, 1985.

    1905 - A group of African American intellectuals and activists, led by W.E.B. Dubois, founded the Niagara Movement in Niagara Falls, Canada. A forerunner of the National Association for the Advancement of Colored People (NAACP), the movement was formed to fight racial discrimination in the US. Image of the founding members of the Niagara Movement:
    1914 - Babe Ruth made his debut in major league baseball when he took the mound in Fenway Park for the Boston Red Sox against the Cleveland Naps. Ruth was relieved for the last two innings, but was the winning pitcher in a 4-3 game. During his rookie season, Ruth made $2,900. [Kit, question this next statement…$125K was the amount the Yankees paid the Sox for Ruth’s contract.  Wiki and other sources cite his 1928 contract at $80,000…this is when he was quoted as saying he had a better year when challenged that he was now making more than the Pres of the US] Six years later Ruth would pocket a $125,000 paycheck as a member of the New York Yankees.
    1916 - US President Woodrow Wilson signs the Federal Aid Road Act, the first grant-in-aid enacted by Congress to help states build roads. In 1916, roads throughout America were generally poor and most were susceptible to weather. The advent of the Ford Model T brought on new interests in higher standards for roads, and by the early 1900s, motorist clubs like the American Automobile Association (AAA) had rallied around the call for federally funded long-distance highways. Farmers balked at the idea, arguing that paying taxes so city people could go on car tours was unfair. As the car became more important to farmers, however, the ground became fertile for legislation to raise the quality or roads across the country.
    1918 – Enrico Caruso recorded "Over There" written by George M. Cohan.
      1919 - The first golfer to play 180 holes in one day was Edward Styles, who started the marathon contest at 5:53am at the Old York Road Country Club, Philadelphia, PA.  He played 180 holes, 10 rounds of golf, in 796 strokes, and finished playing at 8:32pm. The average time per round was one hour and nineteen minutes. He walked nearly 40 miles and took time out three times for a change of shoes and for refreshments. His average score was 79.6 strokes per round.
    1920 – Birthday of actor Yul Brynner, born Yuliy Borisovich Briner at Vladivostok, Russia.  He was best known for his portrayal of the King of Siam in the musical, “The King and I”, for which he won two Tony Awards and an Academy Award for the film version; he played the role 4,625 times on stage. He is also remembered as Ramses II in the 1955 blockbuster, “The Ten Commandments”, General Bounine in the 1956 film “Anastasia”, and Chris Adams in “The Magnificent Seven”. Brynner was noted for his distinctive voice and for his shaved head, which he maintained as a personal trademark long after adopting it in 1951 for his role in “The King and I”. Earlier, he was a model and television director, and later a photographer and the author of two books.
    1931 – Actor Tab Hunter’s birthday.  Born Arthur Andrew Kelm in New York City.
    1931 – Birthday of singer Thurston Harris.  In 1957, Harris signed as a solo artist for Aladdin. His former band backed him when he released his version of "Little Bitty Pretty One”.  It reached #6 on the US Billboard Hot 100.  The track sold over one million records, achieving gold disc status.  Harris died in 1991 of a heart ailment.
    1932 - Birthday of guitarist/gospel singer Rev. Charlie Jackson, Summit-McCoom, MS.
    1939 - Birthday of Clara Adams-Ender.  U.S. nurse who became the first black woman to be made Chief, Department of Nursing, Walter Reed Army Medical Center.
    1943 - *CRAIG, ROBERT Medal of Honor
Rank and organization: Second Lieutenant, U.S. Army, 15th Infantry, 3d Infantry Division. Place and date: Near Favoratta, Sicily, 11 July 1943. Entered service at: Toledo, Ohio. Birth: Scotland. G.O. No.: 41, 26 May 1944. Citation: For conspicuous gallantry and intrepidity at the risk of life, above and beyond the call of duty, on 11 July 1943 at Favoratta, Sicily. 2d Lt. Craig voluntarily undertook the perilous task of locating and destroying a hidden enemy machinegun which had halted the advance of his company. Attempts by 3 other officers to locate the weapon had resulted in failure, with each officer receiving wounds. 2d Lt. Craig located the gun and snaked his way to a point within 35 yards of the hostile position before being discovered. Charging headlong into the furious automatic fire, he reached the gun, stood over it, and killed the 3 crew members with his carbine. With this obstacle removed, his company continued its advance.
    1944 - *ENDL, GERALD L. Medal of Honor
Rank and organization: Staff Sergeant, U S. Army, 32d Infantry Division. Place and date: Near Anamo, New Guinea, 11 July 1944. Entered service at: Janesville, Wis. Birth: Ft. Atkinson, Wis. G.O. No.: 17, 13 March 1945. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty near Anamo, New Guinea, on 11 July 1944. S/Sgt. Endl was at the head of the leading platoon of his company advancing along a jungle trail when enemy troops were encountered and a fire fight developed. The enemy attacked in force under heavy rifle, machinegun, and grenade fire. His platoon leader wounded, S/Sgt. Endl immediately assumed command and deployed his platoon on a firing line at the fork in the trail toward which the enemy attack was directed. The dense jungle terrain greatly restricted vision and movement, and he endeavored to penetrate down the trail toward an open clearing of Kunai grass. As he advanced, he detected the enemy, supported by at least 6 light and 2 heavy machineguns, attempting an enveloping movement around both flanks. His commanding officer sent a second platoon to move up on the left flank of the position, but the enemy closed in rapidly, placing our force in imminent danger of being isolated and annihilated. Twelve members of his platoon were wounded, 7 being cut off by the enemy. Realizing that if his platoon were forced farther back, these 7 men would be hopelessly trapped and at the mercy of a vicious enemy, he resolved to advance at all cost, knowing it meant almost certain death, in an effort to rescue his comrades. In the face of extremely heavy fire he went forward alone and for a period of approximately 10 minutes engaged the enemy in a heroic close-range fight, holding them off while his men crawled forward under cover to evacuate the wounded and to withdraw. Courageously refusing to abandon 4 more wounded men who were Iying along the trail, 1 by 1 he brought them back to safety. As he was carrying the last man in his arms he was struck by a heavy burst of automatic fire and was killed. By his persistent and daring self-sacrifice and on behalf of his comrades, S/Sgt. Endl made possible the successful evacuation of all but 1 man, and enabled the 2 platoons to withdraw with their wounded and to reorganize with the rest of the company.
Lt. Craig and his platoon, in a position devoid of cover and concealment, encountered the fire of approximately 100 enemy soldiers. Electing to sacrifice himself so that his platoon might carry on the battle, he ordered his men to withdraw to the cover of the crest while he drew the enemy fire to himself. With no hope of survival, he charged toward the enemy until he was within 25 yards of them. Assuming a kneeling position, he killed 5 and wounded 3 enemy soldiers. While the hostile force concentrated fire on him, his platoon reached the cover of the crest. 2d Lt. Craig was killed by enemy fire, but his intrepid action so inspired his men that they drove the enemy from the area, inflicting heavy casualties on the hostile force.
    1944 - Top Hits
I’ll Be Seeing You - The Tommy Dorsey Orchestra (vocal: Frank Sinatra)
Long Ago and Far Away - Helen Forrest & Dick Haymes
I’ll Get By - The Harry James Orchestra (vocal: Dick Haymes)
Straighten Up and Fly Right - King Cole Trio
   1946 - Dean Martin begins his recording career mere weeks before teaming up with nightclub comic Jerry Lewis.
   1951 - Birthday of Bonnie Pointer (Pointer Sisters), Oakland, CA.
   1952 - Top Hits
Kiss of Fire - Georgia Gibbs
I’m Yours - Eddie Fisher
Delicado - The Percy Faith Orchestra
That Heart Belongs to Me - Webb Pierce
    1952 – The Republican National Convention, meeting in Chicago, nominated Gen. Dwight D. Eisenhower for President and Richard M. Nixon for Vice–President.
    1953 – Boxer Leon Spinks born at St. Louis, MO.  Gap-toothed fighter is best-known for his upset of Muhammad Ali on February 15, 1978, one of the biggest upsets in boxing history. 
    1955 – The Air Force Academy was dedicated at Lowry AFB, Colorado Springs, CO.
    1956 - John Coltrane Quintet cuts eight titles for Prestige records.
    1959 - No. 1 Billboard Pop Hit: ``Lonely Boy,'' Paul Anka.
    1960 - Top Hits
Alley-Oop - Hollywood Argyles
I’m Sorry - Brenda Lee
Mule Skinner Blues - The Fendermen
Please Help Me, I’m Falling - Hank Locklin
    1960 - "To Kill a Mockingbird," Harper Lee's Pulitzer Prize-winning novel, was published.
      1960 - In Honolulu, the first tournament held outside the continental US, sanctioned by the US Golf Association, began.
     1960 - Birthday of Richie Sambora, guitarist with Bon Jovi.
    1962 - The Telstar communications satellite picked up broadcast signals from France and bounced them down to an antenna in Maine on 11 July 1962, thus delivering the first live television picture from Europe to America. Telstar was launched from Cape Canaveral as an experiment in TV transmission, and was also used to send radio and telephone signals. Americans watched a seven-minute program, featuring a song by Yves Montand. Historians believe this changed the world more than any other invention in the 20th century.
    1964 - Although the music world was being dominated by Rock ‘n’ Roll, crooner Dean Martin's "Everybody Loves Somebody" cracked the US charts on its way to the Top Ten.
    1964 - The Supremes' "Where Did Our Love Go?" is released and enters the Hot 100. It stays on the chart for 14 weeks and would become the group's first number one hit next August.
    1964 - Stevie Wonder released his first single without the title "Little" in front of his name. "Hey Harmonica Man" reached number 29 on the singles chart, his third Top 40 hit.
    1964 - With the song "My Boy Lollipop," 18-year old Millie Small found success on the pop music charts. The harmonica tracks were provided by Rod Stewart. In her native Jamaica, Millie Small was known as the "Blue Beat Girl."
    1967 - One day after he and fellow members Thelma Camacho, Mike Settle and Terry Williams left The New Christy Minstrels, Kenny Rogers formed The First Edition. In 1972, The First Edition hosted a syndicated variety show on television. Songs made popular by the group include: "Just Dropped In (To See What Condition My Condition Was In)," "But You Know I Love You," "Ruby, Don’t Take Your Love to Town," "Ruben James," and "Something’s Burning."
    1968 - Top Hits
This Guy’s in Love with You - Herb Alpert
The Horse - Cliff Nobles & Co.
Jumpin’ Jack Flash - The Rolling Stones
D-I-V-O-R-C-E - Tammy Wynette
    1969 - ROBERTS, GORDON R. Medal of Honor
Rank and organization: Sergeant (then Sp4c.), U.S. Army, Company B, 1st Battalion, 506th Infantry, 101st Airborne Division. Place and date: Thua Thien Province, Republic of Vietnam, 11 July 1969. Entered service at: Cincinnati, Ohio. Born: 14 June 1950, Middletown, Ohio. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Sgt. Roberts distinguished himself while serving as a rifleman in Company B, during combat operations. Sgt. Roberts' platoon was maneuvering along a ridge to attack heavily fortified enemy bunker positions which had pinned down an adjoining friendly company. As the platoon approached the enemy positions, it was suddenly pinned down by heavy automatic weapons and grenade fire from camouflaged enemy fortifications atop the overlooking hill. Seeing his platoon immobilized and in danger of failing in its mission, Sgt. Roberts crawled rapidly toward the closest enemy bunker. With complete disregard for his safety, he leaped to his feet and charged the bunker, firing as he ran. Despite the intense enemy fire directed at him, Sgt. Roberts silenced the 2-man bunker. Without hesitation, Sgt. Roberts continued his l-man assault on a second bunker. As he neared the second bunker, a burst of enemy fire knocked his rifle from his hands. Sgt. Roberts picked up a rifle dropped by a comrade and continued his assault, silencing the bunker. He continued his charge against a third bunker and destroyed it with well-thrown hand grenades. Although Sgt. Roberts was now cut off from his platoon, he continued his assault against a fourth enemy emplacement. He fought through a heavy hail of fire to join elements of the adjoining company which had been pinned down by the enemy fire. Although continually exposed to hostile fire, he assisted in moving wounded personnel from exposed positions on the hilltop to an evacuation area before returning to his unit. By his gallant and selfless actions, Sgt. Roberts contributed directly to saving the lives of his comrades and served as an inspiration to his fellow soldiers in the defeat of the enemy force. Sgt. Roberts' extraordinary heroism in action at the risk of his life were in keeping with the highest traditions of the military service and reflect great credit upon himself, his unit, and the U.S. Army.
    1969 - David Bowie's single, "Space Oddity", is released to coincide with the first lunar landing.    1969 - No. 1 Billboard Pop Hit:  “In the Year 2525 (Exordium & Terminus),'' Zager & Evans. Evans wrote the song in the year 1964. It is their only song to make the Hot 100.
    1969 - The Rolling Stones' "Honky Tonk Women" is released. The band started recording the tune as a Country song based on Hank Williams' "Honky Tonk Blues", but found that it made a better Rocker.
    1970 - The soundtrack to the 1969 Woodstock concert becomes the first triple-disc album to top the Billboard chart.
    1970 - The Who's "Summertime Blues" is released.
    1974 - The Grateful Dead receive two gold records for albums they released in 1970, "Workingman's Dead" and "American Beauty."
    1976 - Top Hits
Afternoon Delight - Starland Vocal Band
Kiss and Say Goodbye - Manhattans
I’ll Be Good to You - The Brothers Johnson
The Door is Always Open - Dave & Sugar 
    1977 - The Medal of Freedom was awarded posthumously to the Rev. Martin Luther King Jr. in a White House ceremony.
      1979 - No. 1 Billboard Pop Hit:  “Bad Girls,'' Donna Summer.
    1979 - The abandoned United States space station Skylab made a spectacular return to Earth, burning up in the atmosphere and showering debris over the Indian Ocean and Australia.     
    1984 - Top Hits
When Doves Cry - Prince
Jump (For My Love) - Pointer Sisters
Eyes Without a Face - Billy Idol
Somebody’s Needin’ Somebody - Conway Twitty
   1985 - Nolan Ryan of the Houston Astros became the first pitcher in baseball history to reach 4,000 career strikeouts when he made Danny Heep of the New York Mets his victim in the sixth inning. Ryan finished his career in 1993 with 5,714 strikeouts, Major League baseball’s all-time leader.
    1985 - Coca-Cola returns as Classic Coke.  The company unveiled plans to return the beloved version of Coca Cola--now christened "Classic Coke"--to the market. In the wake of this groundbreaking, company officials quietly conceded that they had erred in halting distribution of the "classic" version of the drink. However, they refused to admit that releasing New Coke was a mistake. Indeed, even though American consumers reviled it, the company kept New Coke in circulation, albeit in cans and bottles that identified the drink simply as "Coke”.
    1987 - Heart's "Alone" hits #1 for the first of three weeks.
    1987 - An eight-pound baby boy, Matej Gaspar, born at 8:35 A.M. (2:35 A.M., New York time) to Sanja and Dragutin Gaspar at University Medical Hospital, Zagreb, capital of the Croatian republic, was proclaimed the five billionth inhabitant of Earth. The United Nations Fund for Population Activities, hoping to draw attention to population growth, proclaimed July 11 as “Day of the Five Billion,” noting that 150 babies are born each minute. It later became known as “World Population Day.”
(I could not find out any current information about Matej Gaspar,
whether alive or not or employed or unemployed ). 
    1988 - Thunderstorms produced heavy rain in southern Texas, with totals ranging up to 13 inches near Medina. Two men drowned when their pick-up truck was swept into the Guadalupe River, west of the town of Hunt. Ten cities in the eastern U.S. reported record high temperatures for the date. Baltimore, MD, reported a record high reading of 102 degrees for the second day in a row.
    1989 - No. 1 Billboard Pop Hit:  “If You Don't Know Me by Now,'' Simply Red.
    1992 - Jerry Garcia introduces a series of neckties he's designed, bearing his name. President Bill Clinton immediately buys the set of eight.
    1994 - Michael Dell, chairman of Dell Computers, announces that the company will pull out of retail and concentrate entirely on its mail-order business. Although the company had predicted just four months earlier that it would expand its retail efforts, the company decided its build-to-order strategy would be more profitable as a strictly mail-order operation. By 1998, the company had become the country's No. 3 seller of computers, after Compaq and IBM.
    1995 – The US normalized relations with Vietnam.
    2000 - Lars Ulrich of Metallica was the first witness to testify at a U.S. Senate hearing over copyright law issues concerning free sharing of music files on Web sites such as Napster and     
      2008 - The hand-painted drum skin that appeared on the cover of The Beatles' "Sgt. Pepper's Lonely Hearts Club Band" sold for $1.1 million at a Christie's memorabilia sale in London. John Lennon's handwritten lyrics for "Give Peace a Chance" fetched $834,000, well above pre-sale expectations of around $500,000.
     2008 - Apple introduced the iPhone 3G and changed forever the phone habits around the world.
     2012 – Astronomers discover Styx, the fifth moon of Pluto.



The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?





Daily Puzzle

How to play:

Refresh for current date:






See USA map, click to specific area, no commercials



Traffic Live---

Real Time Traffic Information

You can save up to 20 different routes and check them out with one click,
or type in a new route to learn the traffic live