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Leasing News is a web site that posts information, news, and entertainment for the commercial leasing and finance industry. The News Edition is updated Monday, Wednesday and Friday.
   

Wednesday, June 15, 2011


Today's Equipment Leasing Headlines


QuikTrak and others now being sued
 Classified Ads---Sales
Marlin Launches “New” Evergreen Vendor Portal!
 by Kit Menkin
  NEFA-Baltimore Crab Feast-Who Shows Up!
   MicroFinancial Opens Southern California Office
    United Capital Finances New Store Development
    for Jimmy John’s® Operator
     Classified Ads---Help Wanted
      July 14th—17th eWomen Network Conference/Expo
       Story Credit Lessors
      Northbrook, Illinois Adopt-a-Dog
News Briefs---
 Roof's caving on BofA
  Effort to End Tax Credit for Ethanol Fails in Senate
   Accessories for iPads make hot gifts for Father's Day
    Hugh Hefner, 85, Calls off his marriage
     Barry Manilow ready to take chance again on new album

Broker/Funder/Industry Lists | Features (collection)
Top Ten Stories Chosen by Readers | Top Stories last six months
 

1985---Sheldon Player and Greyhound Leasing Scandal
  You May have Missed---
    California Nuts
      "Gimme that Wine"
        This Day in American History
         SuDoku
          Daily Puzzle
           GasBuddy
            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. It is considered “bias” as it is the writer’s viewpoint.



[headlines]
--------------------------------------------------------------

QuikTrak and others now being sued
by Christopher Menkin


While the corporation Allied Health Care Services has filed bankruptcy and there are not many assets, while the founder Charles Schultz also has filed personal bankruptcy and awaits sentencing after pleading guilty, there are other cases going on involving brokers who sent the deal to banks, banks who sent the deal to banks (First Premier Capital November, 2010 was ordered to pay $5.62 million in a "representation and warranty" ), May, 2011 First Premier Capital filing $30 million against the CPA firm and individuals regarding personal and business audited statements that obviously mislead them, a law suit by De Lage Landen against the vendor of equipment that never existed--- no question about it--- and the latest comes from Farmers Exchange Bank against QuikTrak for its site inspection, the insurance companies who guaranteed equipment and the transaction, and more---so while the original parties have no assets, it appears those who "participated" are being called to come up with some money for their "due diligence" or "lack thereof."

Leasing News requested a statement from QuikTrak, but did not receive one. In its investigating the story after posting an alert to warn readers February 19, 2010, Leasing News arranged for a site inspection for a pending $1 million lease the beginning of this year. No one believed the research on the actual value of the used equipment, so for further development of the situation, a site inspection was ordered. At the time, Allied Health Care Services had more than five applications in the field for over $5 million in leases (each were for $1 million and were told if they could do this amount, they had more coming), and all the leasing companies and brokers who had received the applications were working with Leasing News to learn what was going on, as were many banks who had leases themselves and were quite concerned. It was a group effort. Their identities kept confidential as per our agreeemnt.

As with all the other site inspections, it was done at the office of Allied Health Care Services, as explained by Schultz: HIPPA would not allow at the sub-lessee location.

The invoice was also strange, as it was way too simple, no full description and many of machines were in serial number sequence, such as 170402-170407 on the invoice.

The equipment was questioned by Leasing News.

Here is part of the QuikTrak Report Summary:


Note the inspector says the equipment is "in new condition."

Photo's were taken by the inspector:




The case filed by Farmers Exchange Bank is CV-2011-900015.00, Circuit Court of Barbour County, Alabama on May 4, 2011. Named are National Bank of Commerce f/k/a Red Mountain Bank, Erik Dickinson, QuikTrak, Travelers Indemnity, Mercury Insurance, Paul Fire Insurance, and fictious defendants from A-S.

Erik Dickinson worked at Red Mountain Bank and approached Farmers Exchange Bank, according to the complaint, and sold leases from Allied Health Care three separate times which resulted in Farmers Exchange Bank "....losing over $1,600,000. Defendants Red Mountain, Dickinson, and Quiktrak failed to conduct proper due diligence in connection with these transactions. In particular they failed to take appropriate actions to verify the accuracy of documents relating to these transactions as it was their duty to do. The action or inaction of these defendants constituted negligence or wantonness."
  - page 6

"33. The Defendants Travelers and the St. Paul Defendants issued a policy of insurance to the Plaintiff that provided coverage, in part, for fraud on the part of the Plaintiff's creditors.
34. The Plaintiff timely made all premium payments on the Travelers/St. Paul's insurance policy.
35. The Plaintiff timely and promptly notified Travelers/St. Paul's of the fraudulent acts set forth above that gave rise to the loan default in an amount over $1,300,000.
36. Upon receipt of the claim, Travelers and St. Paul's failed to pay the claim in a timely manner.
37. All of the Defendants failed to conduct proper due diligence in connection with these transactions. In particular they failed to take appropriate actions to verify the accuracy of documents relating to these transactions as it was their duty to do. The action or inaction of these defendants constituted negligence or wantonness."
   - page 7

Farmers Exchange Bank Complaint (15 pages):
http://www.leasingnews.org/PDF/FarmersExchangeBank.pdf

Allied Health Care Services stories:
http://www.leasingnews.org/Conscious-Top%20Stories/allied_health.html




[headlines]
--------------------------------------------------------------

Classified Ads---Sales

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

Cherry Hill, NJ
College grad seeking entry level sales position for equipment leasing and financing in small to mid-size ticket markets. Have 6 months experience in the industry and self-motivated. Contact Matt at 609-280-2178 or
email at mkuzan@gmail.com

California
Aggressive, competitive self-starter with vendor/direct equipment
leasing and asset-based lending experience. Success in business banking sales and financial planning.
Email: dsp559@hotmail.com | Resume

Colorado
Award winning and strategic leasing sales professional with eleven years experience in Technology, Medical, Furniture, and Office Automation. Will consider positions with full benefits only.
anderson_678@earthlink.net
South Central, FL
Years of exp in mid-ticket niched leasing. Not currently in leasing. Seek entry or other position with direct lender. David34983@att.net
Garfield, NJ
15 years experience small to large ticket sales exp. All types of equipment industries. Vendor & direct. Self motivated. Work with leasing company or broker.
Tony Lio tonylio@optonline.net
Montgomery, AL
Individual with 10 years advertising sales exp. & 7 years insurance sales exp. Wants independent contractor situation in Alabama.
Work with leasing company or broker. 334-590-5133
E-mail: billmcneal2003@yahoo.com

Orange County, CA
20+ years in leasing sales & sales management.
Have estab. existing remote office with Lessee /Vender following.
Looking for a partnership w/funding source.

shermbp@gmail.com

Pittsburgh , PA
Aggressive self starter looking for leasing position w/10 plus yrs sales exp., plus banking experience 814-227-4592
mwiser500@hotmail.com

San Francisco Bay Area:
Business Development “Hunter” with transferable book of business in multiple segments: commercial construction, technology, fitness, etc. Years of managerial experience: can also be a “player/coach”.
E-mail: VdrPgmBizDev@aol.com

Texas/Oklahoma
15 year lease vet looking for plact to take business.great references. all major equipment types. open to compensation. please contact if interested.
E-mail: bankingdallas@yahoo.com
 

Free Posting for those seeking employment in Leasing:
http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm

All “free” categories “job wanted” ads:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm


[headlines]
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Marlin Launches “New” Evergreen Vendor Portal!
by Kit Menkin

MOUNT LAUREL, N.J.,-- Marlin Business Services Corp., (Nasdaq:MRLN) announced “… the launch of MarlinNet®, a new web-based client management portal designed exclusively” for Marlin's equipment vendors, who they refer to in the press release as “dealer customers.” This must be opposed to “customer customers.” Or could be “old customer customers” or “new customer customer” or a combination of the two or could even be “previous customers.”

Perhaps there will be a separate log in and password for each one. They could even have one for “current” and “past employees.” How about a blog for Evergreen complaints?

In reality, at press time, the “dealer customer” portal was not found on their web site. There is a video on line, but the party giving the message was not named, don’t know why, but he was teaching vendors how to sell leasing. Maybe he didn’t’ want to give his name. Maybe he is an actor. I know he wasn’t George Perose. The fellow giving the lesson was smiling. George doesn’t smile, ask his employees. Please see for yourself as I don’t think it is George Perose, Executive Vice President, Chief Operating Officer, General Counsel & Secretary.
http://www.marlin-msgworx.com/Default.aspx?ModuleId=6f307aaf-745f-9c93-4054-5a319d6cc1c9&UID=WWW

Marlin says in its press release the portal will be available 24 hours a day (not 23 hours or 12 hours or even eight hours, but 24 hours for five days, maybe seven.) It will give those with a log in and password portfolio performance updates, application decision tracking and customized reporting, with log in and password. It is a new concept for Marlin. They are also giving out rewards, too. A toaster or IPad. I’m not kidding.

“Our aim from the start was to listen directly to customer feedback and to create a portal that is robust and very user-friendly," Marlin CEO Dan Dyer said.

Dyer didn’t publish his email for a customer feedback. Someone should tell him US Bank Manifest had this over 12 or more years ago, but closed Sunday for religious purposes, and Bernie Boettingheimer had it at Pioneer Capital, too, but closed Friday evening, and he isn’t even Jewish. Maybe he had a Jewish broker following. Anyway, it is not a new concept, Dan! What is new? How about an “ap” like Direct Capital has? They also have excellent web presence. I also like Tony Golobic at GreatAmerica video better than Marlin’s; Golobic also has a transcript, if you don’t’ want to watch all of his talk—although worth the time. Now that is style! If I were a vendor, I’d do business with his company. The man has class.
http://www.greatamerica.com/

Anyone who is using the MarlinNet portal and interested in giving us an opinion “on the record” or “off the record,” please contact
kitmenkin@leasingnews.org

Marlin Leasing Stories:
http://www.leasingnews.org/Conscious-Top%20Stories/Marlin_Leasing_2008.htm


GreatAmerica Leasing by Tony Golobic
(Definitely worth reading, Editor)
http://leasingnews.org/archives/Jan2010/1_25.htm#greatamerica



[headlines]
--------------------------------------------------------------

NEFA-Baltimore Crab Feast-Who Shows Up!


by Allan Levine, Chief Operating Officer, Madison Capital member, Leasing News Advisory Board

The June 9th, 2011 Annual Crab Feast at Obrycki's, Baltimore, Maryland, sponsored by the National Equipment Finance Association (NEFA), but open to all leasing association members, has been a tradition started by the Eastern Association of Equipment Lessors, who were merged with NEFA.

I do not know what others came away with, but from being there, and from others I spoke with after the event, here is a bit of leasing business chronology. For many, originations in 2010 were much better than 2008 and 2009. That is not new news. Business in 2011 was pretty good for the first quarter, but many sense a slowdown as a result of the economic uncertainty.

With competitor shrinkage, there is still business out there and not as many fighting for it. Interest rates will remain low, losses have subsided, and if one is here today, it is most likely they will stick around……

With no formal speaker or agenda, there were lots of conversations over the Maryland tradition of eating crab soup, crabs, corn on the cob, and not to mention the cold beer.

The locals are easily identified by their crab picking styles and techniques. Rookie crab eaters are seen with bloody fingers and not much food for their efforts.

Although the numbers in attendance were down from highs in attendance of 80 +/- to approximately 41 signing up, including wives, the event is still a great a success and well worth attending.

Crab Feast Sign-Up Sheet (note: Woody Sutton of ELFA attended, but NEFA Chris Enbom, President of NEFA, nor Bud Callahan, president of NAELB did not. Many of the “members” attending are former EAEL proponents, again showing to me the NEFA and EAEL merger was not successful. Is this a sign of what the NEFA Fall Conference will be? And Sutton made a lot of points by attending. Please stay tuned, you’ll get the facts here. Editor)



[headlines]
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MicroFinancial Opens Southern California Office

MicroFinancial Incorporated (NASDAQ:MFI) a financial intermediary specializing in vendor based leasing and finance programs for microticket transactions from $500 to $10,000 plus, announces the opening of their subsidiary TimePayment Corporation office at 2801 Townsgate Road, Suite 101, Westlake Village, California 91361; located on the western edge of Los Angeles County, known locally as Conejo Valley. The western portion of the city is within city limits of Thousand Oaks, Ventura County (the original community was divided by the Los Angeles and Ventura County boundary and known simply as "Westlake."
http://en.wikipedia.org/wiki/Westlake_Village,_California

Great idea as it gives both vendors and brokers an extra three hours, after the East Coast company closes. In reality, you don’t need to be in downtown Los Angeles. All you need to be is in the Pacific Coast Time Zone.


Richard Latour, President and Chief Executive Officer said, "We are very excited to once again have an office in California. With a full service operation on the west coast we will effectively be extending our hours of operation allowing us to provide a higher level of service to our vendors and brokers across the country."

The company has a broker program that enables brokers to have their vendors submit applications direct that often will speed up the process for microticket processing and payment to vendors. In his marketplace, he is tough to beat.

The Westlake Village office is a full service operation offering sales, credit, vendor relations and funding support for both vendors and brokers. The telephone numbers for this new location are: main office is 805-367-8900, sales department is 877-938-5230 and vendor relations and credit is 800-868-3743.

 

 

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

United Capital Finances New Store Development
for Jimmy John’s® Operator


30 seconds

HUNT VALLEY, MD –- United Capital Business Lending, a subsidiary of BankUnited, announced that it is providing $600,000 in financing to Jimmy John’s® Gourmet Sandwiches owner, Quain Enterprises, LLC. United Capital refinanced one existing store for the Florida based franchisee and will also provide funding to open additional Jimmy John’s® locations.

United Capital Business Lending, which recently acquired the small business lending operations of Butler Capital, is a subsidiary of BankUnited, the largest bank in Florida with over $12 billion in assets. The newly formed United Capital Business Lending now brings the prior experience of Butler Capital together with the financial strength of BankUnited.

“The United Capital team is proud to support the growth of Jimmy John’s franchisees nationwide,” says Trey Grimm, business development officer for United Capital. “As a BankUnited company, United Capital offers competitive financing for new restaurant development, acquisitions and debt refinance.”

In addition to Jimmy John’s®, the United Capital team has financed franchisees for Subway®, Burger King®, Dunkin’ Donuts®, Taco Bell®, Checkers®, Denny’s®, Wing Stop®, Five Guys® Burgers and Fries and Buffalo Wild Wings® among others.

For information about financing for franchise acquisition, new restaurant development, remodeling or refinancing, call United Capital at 866-218-4793.


30 seconds

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

Why Choose Advanced Property Tax Compliance?

Dedicated to the leasing industry
click here to learn more.

Hear What Our Clients say about us
click here

Gary DiLillo, President 216-658-5618 or gary@avptc.com

 

[headlines]
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Leasing Industry Help Wanted

NATIONWIDE SALES POSITIONS AVAILABLE
Medical app only to 200k, Commercial app only to 150k Superior COF’s-Superior Buying window-Superior back office Please contact Steve Schachtel at 973-339-9900 ext. 101
or email at sschachtel@usfunding.us

For information on placing a help wanted ad, please click here:
http://www.leasingnews.org/Classified/Hwanted/Hwanted-post.htm

Please see our Job Wanted section for possible new employees.

 

 


 

[headlines]
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Story Credit Lessors

These companies specialize in "C" and "D" credits, often new businesses, or businesses where the principal(s) have Beacon score around 600 or previous difficulties; meaning to become comfortable with the credit and financial situation you need to learn the "story" to make a positive decision, often requiring further security, shorter term, or additional guarantors.

Many of these companies may also have programs for “A” and “B” rated companies, but their specialty is not being a “cookie cutter” and often require full financial statements and tax returns as well as a “story about the company, its history, goals, circumstances” to fully understand the full financial picture.

Also listed below the dollar amounts are companies that who are known for accepting "subprime leasing." There are many lessors with non-recourse lines and sources as well as brokers who sub-broker transactions, which is common in the industry. The categories are based on leasing association categories and to make the funder list banks and/or investors are confirmed.

To qualify for this list, the company must be a funder (as qualified by Leasing News and on the “Funder List” and not a "Broker/Lessor" or "Super Broker/Lessor", along with an acceptable Better Business Bureau Rating and no history of complaints at Leasing News. We reserve the right to not list a company who does not meet these qualifications.

Alphabetical list - click on company name to view more details
ABCO Leasing, Inc.
Advantage Funding
Agility Solutions
Allegiant Partners Incorporated
American Leasefund, Inc.
Bankers Capital

Black Rock Capital
Boston Financial & Equity
BSB Leasing, Inc
Calfund, LLC
Cobra Capital LLC
Dakota Financial
Financial Pacific Leasing
Forum Financial Services, Inc.
Gonor Funding
Mesa Leasing, Inc.
Maxim Commercial Credit
National Machine Tool Financial
NFS Leasing, Inc.
Northwest Leasing Company, Inc.
Pawnee Leasing Corporation
Standard Professional Services, LLC
TEAM Funding Solutions
Name
In Business Since
Contact
Website
Leasing Association
Employees
Geo
Area
Dollar
Amount
Business Reports

Financial Pacific Leasing
1975
Terey Jennings CLP,
800-447-7107, tjennings@finpac.com
www.finpac.com
ELFA, NAELB, NEFA (P)

130
Nationwide
$5,000-$50,000
Pawnee Leasing Corporation
1982
Gary H. Souverein President
(800) 864-4266 ext. 222 Gary@pawneeleasing.com
www.pawneeleasing.com
NAELB & NEFA
(Click here for further description)
45
Nationwide

$1,000 - $30,000

Does Subprime Leases

Advantage Funding
1997
Edward P. Kaye
718.392.1300
www.advantagefund.com
NVLA, ELFA, NLA & TLPA (X)
20
Nationwide

Vehicles Only

$10,000 - $1,000,000

National Machine Tool Financial Corporation
1986
Chris Chiappetta, Robert Lang, Susan Adamatis
800-669-7527
www.netlease.com (CC)

20
Nationwide
$15,000
 
NFS Leasing, Inc.
Beverly, Massachusetts
2001
Dean Oliver
deano@nfsleasing.com
978-767-2353
www.nfsleasing.com
NEFA (FF)

15
US and Canada
$50,000 to $3MM
 
Boston Financial & Equity Corporation
1968
Debbie Monosson
debbie@bfec.com
www.bfec.com
CFA, ELFA, NEFA (J)
12
National

$100,000 to $1,500,000

Does Subprime Leases

BSB Leasing, Inc.
1992 Colorado, Hawaii
Don Meyerson, Pres. DMyerson@bsbleasing.com
Bruce Zwillinger, Vice President 800.945.3372 ext. 306 bzwillinger@bsbleasing.com
Randy Propect, East Coast rpropect@bsbleasing.com
Vicki Shimkus,CLP
West Coast Brokers vshimkus@bsbleasing.com
www.bsbleasing.com
NAELB (EE)
12
National
$5,000+
TEAM Funding Solutions
1992
Ted Reynolds – Owner and President
Jeff Deskins - Credit Manager
Lynn Smith - Broker
Development Manager
888-457-6700 x115,
App Submittal
Martin Lacayo - Broker Development Manager 888-457-6700 x106,
App Submittal
Mike Wright - Broker Development Manager
888-457-6700 x108,
App Submittal
Stephen Stuesser – CFO
Jessica Green - Marketing and Relationships Manager
888-457-6700 x109, Enrollment
Fax: 512-258-2322
512.692.0500 fax
www.teamfundingsolutions.com
ELFA, NAELB, NEFA (Z)

11
All 50 States

$10,000-$110,000

Calfund, LLC
2000
Harry Saghian
harry@calfundllc.com
(AA)
10
Western States

$15K
Minimum

Does Subprime Leases

Allegiant Partners Incorporated
1998
Scott Enbom
senbom@allegiant-partners.com
(415) 257-4200, x207
www.allegiant-partners.com
ELFA, NAELB & NEFA
9
Nationwide, including Alaska & Hawaii
$20,000 to $275,000
Dakota Financial
2001
Mae Philpott
mae@dakotafin.com
310.696.3030 x122
fax 310.696.3035
www.dakotafinancial.com
NAELB, NEFA

9
Nationwide
$10,000 to $1MM
Black Rock Capital
1994
George Booth
gkbooth@blackrockcapital.com
203.336-9200
www.blackrockcapital.com
ELFA (E)
7
US Canada (F)

$50,000 to $3MM

$250,000 average transaction

Forum Financial Services, Inc.
1996
Tim O'Connor
972-690-9444 ext. 225
tim@forumleasing..com
275 West Campbell Road
Suite 320
Richardson, Texas 75080
Fax: 972-690-9464
www.forumleasing.com
NAELB & NEFA (W)
7
Nationwide

$50,000 to $1.0 million. Our average size transaction is $250,000.
Preferred Range
$100,000 to $500,000

Does Subprime Leases

   

American Leasefund, Inc.
1999
Tom Davis
tom@alclease.com
800.644.1182 - PH
503.244.0845 - FX
www.americanlf.com
NEFA (Q)
6
Idaho, Montana, Oregon, Washington

$5,000 - $50,000

Does Subprime Leases

Bankers Capital
1990
Larry LaChance - President
508-351-6000
llachance@bankers-capital.com
www.bankers-capital.com
NAELB, NEFA (GG) 
6
Nationwide - 50 States

$25,000 +

Cobra Capital LLC
2000
Dale Kluga, President
dale@cobrallc.com
630-985-3500
www.cobrallc.com
ELFA (G)
6
Nationwide

$50,000 to $1MM

$250,000 average transaction

ABCO Leasing, Inc.
1974
Brad Christensen
bradc@abcoleasing.net
877-634-4045
www.abcoleasing.net
NAELB, and NEFA (D)
5
Most States

$50,000 - $450,000

Agility Solutions
2003
Hal Hayden
(928) 541-0771
hhayden@agilityventures.com
www.agilitysolutions.net
NEFA (V)
5
U.S.

$50,000 - $1,000,000
(Master Lease)

Does Subprime Leases

Maxim Commercial Capital, LLC
   2008
877-776-2946
Doug Houlahan, CLP
info@maximcc.com
Shervin Rashti, CLP
shervin@maximcc.com
 www.maximcc.com
   NAELB
   NAELB (DD)
5
U.S.

$35,000 - $500,000

Mesa Leasing, Inc.
1999
Jeff Macdonald
858-541-1002
mesa-jeff@dslextreme.com
www.mesaleasing.com
4
Arizona, California, Idaho, Oregon, Nevada, Utah, Washington

$10,000 - $100,000

Standard Professional
Services, LLC
1976
Mr. Raphael Lavin, CLP
JWhalen@spsllc.net
847-291-7858
www.spsllc.net
NAELB, NEFA (I)
4
Nationwide & some offshore

$10,000 - 250,000

($25,000 - $150,000 desired)

Gonor Funding
2001
Norman J. Gonor
ngonor@gonorfunding.com
818.784.5444
Jason Gonor
818.402.6999
www.gonorfunding.com (Y)
3
USA

$10,000 to $100,000 with an average of $25,000 - $35,000

Does Subprime Leases

   

Northwest Leasing
Company, Inc.

Bellevue, Washington
1992
Tad Rolfe 425-827-8386
tad@nwleasing.com
www.nwleasing.com
(more info)

3
Washington, Oregon, and Idaho

$10,000 to $75,000 (Avg. $25K)

 
Name
In Business Since
Contact
Website
Leasing Association
Employees
Geo
Area
Dollar
Amount
Business Reports

Business Reports: Companies listed may make any netiquette comment about their company or reports or other information in the footnote section of their listing. Leasing News recommends readers also view the footnote as well as the section itself or searching reports on the business.

It also should be noted that if a BBB report listing is found by a reader, as there may not have been one when this was last up-dated, please send the link to kitmenkin@leasingnews.org so Leasing News may up-date this section.

BBB - Better Business Report | CBB - Leasing News Complaint Bulletin Board
| CNI - Current News Information

-------------------------------------------------------------------------------------------------------

(A) Pawnee Leasing Corporation; Some times we go higher than $30,000, but our marketplace is from $1,000 to $30,000. Broker Qualify - One year time in business

(B) * Allegiant Partners has expanded their maximum transaction size from $250,000 to $500,000 for the 5 western states of California, Oregon, Washington, Nevada and Arizona.
In addition to increasing the transaction size Allegiant is offering more competitve rates for these A- and B+ transactions.
Broker Qualify - For Broker qualification please click here.
Allegiant.pdf

(D)ABCO Leasing, Inc. (Seattle, WA) exclusively serves the broker community and has been in business since 1974.  Since we retain all transactions in our own portfolio, we require full financial packages.  We are best at deals that do not quite fit an “A Funder” due to a lack of flexibility or some type of an arbitrary matrix requirement.  ABCO is an industry generalist that prides itself on being creative when structuring new business and in providing high quality service levels.  Broker and deal contact: Brad Christensen, Broker Relations Manager, 877/634-4045  bradc@abcoleasing.net

(G) Cobra Capital LLC. Comments: Our registered trademark "Solutions that work" is our designator of origin and central marketing identity for both strong and weak credits. In addition to funding strong credits, we have also developed a 15 year history, (from Cobra and my prior company GALCO), with funding specialty, non-conforming transactions and have a solid reputation for candidly responding to our originators and lessees and working diligently to mitigate deal risk rather than making excuses to turn deals down. Our originators prefer our underwriting approach to non-conforming transactions since unlike most non-conforming funders, we prefer to mitigate risk versus jacking our return. Both Originators and Lessee's prefer our candid approach as we are also frequently asked to advise lessee's and lessors on the best way to structure their bank loans and raise capital due to our 30+ year banking and accounting backgrounds as my partner and I are both former bankers and CPA's.

(I) Standard Professional Services. LLC is a non-cookie cutter funder who does not credit score.

(J) Boston Financial & Equity Corporation, most of our leases are venture capital backed startups and turnarounds. We require full financial disclosures, CPA and internal statements, no tax returns. We do not required additional collateral, no PG's or RE needed. Do not send deals with large tax liens, especially if they are payroll taxes. Broker Qualify - A deal in hand and a full package.

(P) Financial Pacific Leasing supports a nationwide network of Brokers and Lessors. We specialize in "B" and "C" credits for established companies as well as companies under two years in business. Broker Qualify - Please Call or see "Prospective Broker" section on website

(Q) American Leasefund, Inc. funds small hard to do transactions under $50,000.00. Most of the transactions are "app only". We look for additional collateral or larger first payments to help the weaker credits. We maintain and service our own portfolio. All of our lessee billings are done via ACH. Broker Qualify - Please Call

(S) We at Summit Leasing consider ourselves to be primarily "B" credit lenders, working almost exclusively through brokers. Broker Qualify - Contact us

(V) Agility Solutions; we fund all equipment used by Wireless Internet Service Providers.
Click here to see Leasing News story.
Broker Qualify - Please Call

(W) Forum Financial Services, Inc., prefer venture capital backed start-ups and middle market to large corporate turnaround companies including companies in bankruptcy and post bankruptcy. Our absolute minimum sales for an established business with financial problems are $10.0 million. (this does not include venture capital backed start-ups). Broker Qualify - Please visit our website at www.forumleasing.com or call 972-690-9444 ext. 225

(X) Advantage Funding - While we also consider quality equipment leasing as a funder, in the title vehicle leasing business, we consider all types of situations and credits and speciality vehicles for commercial use. We have a history of understanding all types of title vehicle leasing. Broker Qualify - Please Call

(Y) Gonor Funding specializes in hard to fund leases with D credit. Collateral based with good rates and commission program. Broker Qualify - Please Call

(Z) TEAM Funding Solutions is a structured lender for brand new businesses or for older companies with previous credit problems. We do not credit score. The secret to producing an approval for C-Credits starts with interviewing your customer." Broker Qualify - Click here for Broker Enrollment Form.

(AA) Calfund, LLC finances 18 wheelers and some trailers for owner operators with substandard credit.

(CC)  Specializing in Machine Tools only for transactions up to $750k. National has been in the Machine Tool Finance business since 1986 and has a leasing proficient staff to accommodate the most challenging transaction.  F ull financial disclosure required.   We can provide structured financing for the story marginal credits.   May require personal guarantees and/or down payments depending on the credit.   Any size business accepted.  For more information please contact Chris Chiappetta or Robert Lang at 800-669-7527.

(DD) Maxim Commercial Credit provides creative and flexible asset-based financing for today's challenging credit market.

(EE) BSB Leasing, Inc. is a direct funding source. In addition we offer an experienced Syndication Desk that can place transactions that fall outside of credit, equipment, geographic or dollar amount appetite.

(FF) NFS Leasing is a Technology Leasing Specialist which provides funding for B, C, and D and story credits. We make our own credit decisions, service the full lifecycle of transactions on our own balance sheet. We are fast, flexible, and easy to work with. IT & Computer Equipment, Medical, Scientific Equipment, & Office Equipment. We service Canada and the UK as well.

(GG) Bankers Capital "We will do ANY Type of Equipment, in ANY industry, in ANY state.  We especially like 6-figure transactions with full financial packages no matter how good or bad they look.  We look to structure the story C&D credits with any kind of additional collateral that makes sense.  It could be with 2nd or 3rd mortgages on residential or commercial Real Estate, additional equipment, cash value life insurance, security deposits, vendor agreements.  We look for any way to make the deal work instead of looking for any way to decline the deal." Broker Qualify - Please contact Larry LaChance


 



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Northbrook, Illinois-- Adopt-a-Dog


Heinz 57
(you can change the name)
This dog has personality

Animal ID 12081273
Species Dog Breed Retriever, Labrador/Collie, Smooth
Age 2 years 5 months
Sex Male
Size Large
Color White/Tan
Spayed/Neutered
Declawed No
Housetrained Yes
Intake Date 12/21/2010
Adoption Price $225.00
(you might be able to negotiate)

Email: heartlandanimals@yahoo.com
Phone: 847-296-6400
http://www.heartlandanimalshelter.net/

Heartland Animal Shelter is located at 2975 Milwaukee Ave. Northbrook, IL. 60062

Hours:
Mon: CLOSED
Tues: 4-7pm
Wed: CLOSED
Thur: 4-7pm
Fri: 4-7pm
Sat: 12pm-4pm
Sun: 12pm-4pm

Other Locations:

You can also visit Heartland's cute and furry faces most Saturdays at Golf Mill Shopping Center from noon-4pm. Golf Mill Shopping Center is located at Golf and Milwaukee Ave. in Niles, IL. Heartland animals are in a storefront just inside Door 4, located between Kohl's and Target.

Adopt-a-Pet by Leasing Co. State/City
http://www.leasingnews.org/Conscious-Top%20Stories/Adopt_Pet.htm

Adopt a Pet
http://www.adoptapet.com/



John Kenny Receivables Management
www.jrkrmdirect.com

• End of Lease Negotiations & Enforcement
• Fraud Investigation
• Credit Investigations
• Asset Searches
• Skip-tracing
• Third-party Commercial Collections

The Solution to Your Credit & Accounts Receivable Needs
John Kenny
315-866-1167 |  John@jkrmdirect.com

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

 

 



--- News Briefs

Roof's caving on BofA
http://www.nypost.com/p/news/business/roof_caving_on_bofa_oz53ZdeJD8rBA1MGJ0RH0L

Effort to End Tax Credit for Ethanol Fails in Senate
http://www.nytimes.com/2011/06/15/us/politics/15senate.html?_r=1&hp

Accessories for iPads make hot gifts for Father's Day
http://www.usatoday.com/money/industries/retail/2011-06-14-ipads-hot-gifts-for-dad_n.htm

Hugh Hefner, 85, Calls off his marriage
http://omg.yahoo.com/news/crystal-harris-hugh-hefner-call-off-wedding/65019

Barry Manilow ready to take chance again on new album
http://www.usatoday.com/life/music/news/2011-06-13-barry-manilow-new-album_n.htm?loc=interstitialskip

 


You May Have Missed--

1985---Sheldon Player and Greyhound Leasing Scandal
http://www.leasingnews.org/PDF/1985_Sheldon%20Player_GreyhoundLeasingScandal.pdf


 

 


California Nuts Briefs---

Schwarzenegger's Mistress Breaks Silence
http://www.sacbee.com/2011/06/14/3700336/schwarzeneggers-mistress-breaks.html

Photo's and video:
http://www.sfgate.com/cgi-bin/blogs/hottopics/detail?entry_id=90975

Arnold and Maria Shriver
http://www.sacbee.com/2011/05/09/3614414/arnold-schwarzenegger-and-maria.html

State Democrats drop overtures, will seek majority vote on budget without going to voters for tax OK
http://www.contracostatimes.com/top-stories/ci_18274138?nclick_check=1

San Jose City Council approves mayor's budget
http://www.mercurynews.com/politics-government/ci_18274688?nclick_check=1

Flag Day Rite: Putting Old Glory to rest
http://www.pressdemocrat.com/article/20110614/ARTICLES/110619730/1350?Title=Flag-Day-rite-Putting-Old-Glory-to-rest

 

 


“Gimme that Wine”


California Vineyards hit hard by rain
http://www.pressdemocrat.com/article/20110613/BUSINESS/110619801

Calif. wine grape growers suffer a sobering spring
http://www.seattlepi.com/news/article/Calif-wine-grape-growers-suffer-a-sobering-spring-1418578.php

Poll: Majority of New Yorkers Support Wine in Grocery Stores
http://www.13wham.com/news/local/story/wine-grocery-store-sales-poll/FYF_e0e-AESTyjdxeFUu2A.cspx

Bring Out the Best in Barbera
http://www.winesandvines.com/template.cfm?section=news&content=88890
&htitle=Bring%20Out%20the%20Best%20in%20Barbera

Virginia Wine Lover announces local reader favorites
http://www.dailypress.com/features/family/food/the-dish-blog/dp-virginia-wine-lover-announces-local-reader-favorites-20110613,0,5595030.story?track=rss&utm_source=feedburner&utm_medium=feed
&utm_campaign=Feed%3A+hrdailypress%2Fmostemailed+%28Daily+Pre


Free Mobile Wine Program
http://leasingnews.org/archives/Feb2010/2_26.htm#mobile

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

US/International Wine Events
http://www.localwineevents.com/

Winery Atlas
http://www.carterhouse.com/atlas/\

Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm

[headlines]
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Please send to a colleague---Leasing News is Free

This Day in American History

     1215-King John officially “sealed the Magna Carta “in the meadow called Ronimed between Staines. This document is the first charter of English liberties and one of the most important documents in the history of human freedom. Four original copies of the 1215 charter survive.
    1607 - Colonists in North America completed James Fort in Jamestown.
    1686 -In Boston, the King's Chapel was organized. It was the first Anglican church established in colonial New England. 
http://www.kings-chapel.org/
http://www.ci.boston.ma.us/freedomtrail/kingschapel.asp
http://travel.yahoo.com/p-travelguide-1245504-king_s_chapel_boston-i
http://www.centaurgalleries.com/Main/Item.cfm?ItemNo=03946
    1752 - Benjamin Franklin affixed an iron wire to a kite and proceeded to fly it from a long piece of twine tied to a silk ribbon. Where the twine met the silk, Franklin attached a metal key. His thesis was any overhead electricity would be attracted to the wire at the top of the kite. As it began to lightning, he placed his hand near the key and sparks shot out; proving his experiment a success. Franklin used this discovery to start a new business selling and making lightning rods. The rods were attached to the tops of buildings. A wire ran down the side of the structure to the ground. When lightning struck the top of the rod, it ran down the wire and safely to ground without doing damage to the building. His letter to Peter Collison dated October 19,1752, describing his experiments was read before the Royal Society of London in December, 1752.
    1775- The Second Continental Congress chose George Washington commander in chief of the Continental Army. He declined to accept pay for his services, but in 1783, after eight years of war, submitted records of his expenses totaling 24,700 pounds, roughly over $125,000, $15,625 to feed, clothe, and provide food and transportation for his army of men. 
[detail of 1780 portrait by Charles Willson Peale (1741–1827)
http://www.safran-arts.com/42day/history/h4jun/15gwpeal.jpg 
    1779 - General Anthony Wayne captured Stony Point, New York, from the British. "I'll storm the Gates of Hell if you will but plan the attack," Wayne told Gen. Washington.
    1789- Josiah Henson, abolitionist, author born in Charles County, Maryland. His autobiography, The Life of Josiah Henson (1849) was read by Harriet Beecher Stowe and inspired her best-selling novel, Uncle Tom's Cabin.
http://www.spartacus.schoolnet.co.uk/USAShenson.htm
http://authors.aalbc.com/josiah.htm
http://www.msdmv.k12.in.us/mvjhs/staff/Teacher's%20Web%20Sites/Orisky/third.html
    1804- the 12th Amendment to the Constitution was ratified. It changed the method of electing the president and vice president after a tie in the Electoral College during the election of 1800. Rather than each elector voting for two candidates with the candidate receiving the most votes elected president and the second-place candidate elected vice president, each elector was now required to designate his choice for president and vice president, respectively.
    1835-Adah Isaacs Menken - U.S. poet and one of the most notorious actresses on the international stage. The part that made her (in) famous was when she was bound, nearly naked, to the back of a horse that galloped about the stage. She fascinated a number of famous men including Mark Twain and Charles Dickens.
“Life in the mining towns of the far West was boisterous and extravagant in 1867. The height of fun and games was achieved in Virginia City, Nevada, site of the fabulous Comstock Lode, in the period from 1860 to 1880. The town had more than 100 saloons, five legitimate theaters, six variety houses, and other establishments such as dance halls. The single most popular performer was Adah Isaacs Menken, known for performing while clad only in a flimsy gown.” The actress and equestrienne Adah Menken was a brilliant self-publicist, and though her fame didn't last, she was very well known in her day. She shocked the public in the 1860s with her short hair, short skirts and decadence. She once gave a press conference lying in a short skirt on a tiger-skin, sipping champagne and smoking a cigarette (smoking was still considered rather daring for a woman). Adah Menken was quick to see the promotional potential of photographs in her campaign to make herself famous. She distributed a prolific number of publicity portraits such as this one. She was particularly keen to get herself photographed with famous men of the day, and managed to persuade the novelist Alexander Dumas and the poet Algernon Charles Swinburne to pose with her. The picture of herself and Swinburne, taken at an informal meeting, was then rushed off to a photographic studio so that it could be reproduced and sold in the street. Swinburne was reportedly furious.
http://www.judaicacollection.com/images/menken.jpg
http://www.us-israel.org/jsource/biography/AMenken.html
http://lsm.crt.state.la.us/painting/baker2.htm
http://www.cadytech.com/dumas/related/la_belle_menk
http://www.peopleplayuk.org/collections/object.php?search_result=true&object_id=318&
back=%2Fcollections%2Fdefault.php%3Fsearch_name%3Dobject_category_search%26a
mp%3Brun_search%3Dtrue%26amp%3Bcobject_type%3D33%26amp%3Bctab%3D
17 en_by_stoddard.php

http://www.gabrielleray.150m.com/ArchivePressText/20021207.html
    1836- Arkansas became the 25th state this day in 1836. The Land of Opportunity as Arkansas is called, was founded in the late 17th century by Frenchman Henri de Tonti. His interpretation of Quapaw, the Indian tribe that lived in the area, was Arkansas. Little Rock, the state’s largest city is also its capital. The state bird and the state flower are the mockingbird and apple blossom, respectively.
    1844 - Inventor Charles Goodyear received a patent for vulcanizing rubber. Prior to this no one knew how to keep natural rubber from melting in the summer and hardening in the winter. Reputedly Goodyear discovered the process by accident, after years of experimentation, when he dropped some rubber mixed with sulfur on a hot stove. The resulting substance resembled charred leather, but was still resilient and elastic. Goodyear called the process "vulcanization," after the Roman God of Fire, Vulcan. He had received a previous patent on June 17, 1837, for a method of destroying the adhesive properties of rubber by applying bismuth, nitric acid with copper or other materials.
    1846-The Oregon Treaty with Great Britain was signed. It established the 49th parallel as the boundary between the U.S. and the British Northwest territory. Idaho, Oregon, Washington, and part of Montana became undisputed U.S. territory. This was a compromise from the campaign slogan of Polk in 1844: “Fifty-four Forty or Fight.” Canada was granted navigation rights to part of the Columbia River, south of the 49th parallel.
    1846 - Representatives of Great Britain and the United States sign the Oregon Treaty, which settles a long-standing dispute with Britain over who controlled the Oregon territory. The treaty established the 49th parallel from the Rocky Mountains to the Strait of Georgia as the boundary between the United States and British Canada. The United States gained formal control over the future states of Oregon, Washington, Idaho, and Montana, and the British retained Vancouver Island and navigation rights to part of the Columbia River. 
After 1838, the issue of who possessed Oregon became increasingly controversial, especially when mass American migration along the Oregon Trail began in the early 1840s. American expansionists urged seizure of Oregon, and in 1844 Democrat James K. Polk successfully ran for president under the platform "Fifty-four forty or fight," which referred to his hope of bringing a sizable portion of present-day Vancouver and Alberta into the United States. However, neither President Polk nor the British government wanted a third Anglo-American war, and on June 15, 1846, the Oregon Treaty, a compromise, was signed. By the terms of the agreement, the U.S. and Canadian border was extended west along the 49th parallel to the Strait of Georgia, just short of the Pacific Ocean.
    1863 - President Abraham Lincoln calls for help in protecting the capital. Throughout June, Confederate General Robert E. Lee's Army of Northern Virginia was on the move. He had pulled his army from its position along the Rappahannock River around Fredericksburg and set it on the road to Pennsylvania. Lee and the Confederate leadership decided to try a second invasion of the North to take pressure off Virginia and to seize the initiative against the Army of the Potomac. The first invasion, in September 1862, failed when the Federals fought Lee's army to a standstill at Antietam. Lee later divided his army and sent the regiments toward the Shenandoah Valley, using the Blue Ridge Mountains as a screen. After the Confederates took Winchester, Virginia, on June 14, they were situated on the Potomac River, seemingly in a position to move on Washington, D.C. Lincoln did not know it, but Lee had no intention of attacking Washington. All Lincoln knew was that the Rebel army was moving en masse and that Union troops could not be certain as to the Confederates' location. On June 15, Lincoln put out an emergency call for 100,000 troops from the state militias of Pennsylvania, Maryland, Ohio, and West Virginia. Although the troops were not needed, and the call could not be fulfilled in such a short time, it was an indication of how little the Union authorities knew of Lee's movements and how vulnerable they thought the Federal capital was.
    1864-During the Civil War, Ulysses S. Grant’s Army of the Potomac and Robert E. Lee’s Army of Northern Virginia collide for the last time when the first wave of Union troops attack Petersburg, a vital Southern rail center thirty-seven kilometers south of the Confederate capital of Richmond, Virginia. The two massive armies would not become disentangled until April 9, 1865, when Lee surrendered and his men went home.
    1877- Henry Ossian Flipper, born a slave in Thomasville, Georgia, in 1856, becomes the first African-American cadet to graduate from the US Military Academy at West Point, New York. Flipper, who was never spoken to by a white cadet during his four years at West Point, is appointed a second lieutenant in the all-African-American 10th Cavalry, stationed at Fort Sill in Indian Territory.
    1880-Birthday of blind singer/violinist Alfred Reed, Floyd City, VA
http://ubl.artistdirect.com/music/artist/bio/0,,483645,00.html?artist=Blind+Alfred+Reed
http://www.fortunecity.com/tinpan/parton/2/explo.html
http://www.camsco.com/artists/reed.html
http://www.earfloss.com/page12_2459_a.html
    1885-Birthday of Malvina Cornell Hoffman - U.S.sculptor. Internationally admired, MCH received the largest sculptural commission ever given to man (or woman). It consisted of 110 life-sized bronze statues for the Hall of Man, Field Museum, Chicago. She studied with Rodin in Paris (after being turned away five times) and made a series of sculptures interpreting dance. Her forte was portraiture busts. Her mother was a talented amateur pianist.
http://www.getty.edu/research/conducting_research/finding_aids/hoffman_m4.html
http://www.nationalacademy.org/perm/hoffman2.html
http://www.sandycline.com/sculpture/malvhoff4.html
    1887-Henry O Flippea became the first Black graduate of West Point.
    1896 - The temperature at Fort Mojave, CA, soared to 127 degrees, the hottest reading of record for June for the U.S. The low that day was 97 degrees. Morning lows of 100 degrees were reported on the 12th, 14th and 16th of the month.
    1898-Annexation of Hawaii was approved in a joint resoultion adopted by teh House of Representaives, and by the Senate on June 17. It was signed by President McKinley on July 7.
    1901—Birthday of co-founder of Decca records Jack Kapp, one of the first to record Black music, including Jazz artists. Died March 25,1949.
http://www.kcmetro.cc.mo.us/pennvalley/biology/lewis/crosby/jackapp.htm
    1909- Benjamin F. Shibe of Bala, PA, obtained a patent for a baseball with a cork center. It was first manufactured by A.G. Spalding and Brothers, Chicago, IL, and was used in occasional league games in 1909 and in regular play in 1910. The ball was first used in a World Series game on October, 20, 1910, in Chicago, IL. Sorry, don’t know who was playing whom. If you find out, please let me know with a footnote to authenticate your source. 1934-Great Smoky Mountains National Park established. Area along southern section of Tennessee—North Carolina boundary was authorized May 22,1926, established for administration and protection only Feb. 6,1930, and finally established for full development as a national park in 1934.
    1917—The first army training camp for African-American officers was established at Fort Des Moines, Des Moines, IA, and was known as the 17th Provisional Training Regiment. On October 15, 1917, the first commissions were granted, with 106 African-Americans commissioned as second lieutenants.
    1917 - Congress passed and President Woodrow Wilson signed into law the Espionage Act, authorizing the Treasury Secretary to assume control of U.S. ports, control ship movements, establish anchorages and supervise the loading and storage of explosive cargoes. The authority was immediately delegated to the Coast Guard and formed the basis for the formation of the Coast Guard's Captain of the Ports and the Port Security Program.
    1920- Canadian record retailer Sam Sniderman was born in Toronto. Sniderman began selling records in his family's radio store in 1937. He opened a second Toronto outlet in a furniture store in 1959. Two years later, Sniderman opened the now-famous Sam the Record Man store on Yonge Street. The store once claimed the largest selection of retail records in the world. A Sam the Record Man franchise chain was established in 1969, and the stores now are a familiar sight across Canada.
    1921—Errol Garner born, Pittsburgh, Pa. I believe I have every album he recorded, and two copies of several as I play them at my office and home all the time. He, Oscar Peterson, Fats Waller, and James Johnson as well as classical piano and clavichord music are played often in my office. “Concert by the Sea” is his best selling album. Died Jan. 2, 1977.
http://www.erroll-garner-archives.com/
http://www.findagrave.com/cgi-bin/fg.cgi?page=gr&GRid=1774
    1921- Bessie Coleman becomes the first Black woman to earn a aviation pilot's license in the world - and the first woman to earn an international aviation license from the from the Federation Aeronautique Internationale. A native of Texas, she went to France to get her pilot's license because of the bigotry of those in U.S. aviation who opposed her training because she was a woman and because she was black. No black U.S. aviator would train her either. A native of Texas, BC learned to speak French and saved enough money to go to France. It was not simple but BC got through it and fulfilled her dream of flying. On her return to the U.S. she taught other black women to fly as well as doing the usual (for the time) barnstorming in air circuses to keep flying. "Queen Bessie," as she was known was a highly popular draw for the next 15 years. However, on 04-30-1936, while practicing for a show in Orlando, Fla., a loose wrench fell into the engine and she did not have a parachute or seat belts and actually fell out of the plane to her death.
http://www.tsha.utexas.edu/handbook/online/articles/view/CC/fcobq.html
http://www.pbs.org/wgbh/amex/flygirls/peopleevents/pandeAMEX02.html
http://www.ninety-nines.org/coleman.html
    1924- Ford Motor Company manufactures its 10 millionth automobile. It would eventually build and sell 15 million models of this vehicle.
http://www.ford.com/en/heritage/history/default.htm
http://www.modelt.org/ 
    1928 -- Republicans, convening in Kansas City, name Herbert Hoover their candidate for President and Charles Curtis of Kansas for the vice-president.
    1937-Jimm ie Lunceford records his them “For Dancers Only,” Decca 1340.
    1937— Waylon Jennings, a leader of the outlaw country movement of the 1970's, was born in Littlefield, Texas. Jennings, along with Willie Nelson, spearheaded the movement away from heavy orchestral backing, opting for a leaner, harder sound which edged close to rock. Jennings met Buddy Holly in 1958, and ended up touring as Holly's bass player. When Holly's plane crashed in February 1959, killing Holly, Ritchie Valens and the Big Bopper, it was Jennings who had given up his seat to the Bopper. Jennings signed with RCA in 1965, but by 1970 he was becoming disenchanted with not being able choose his own material, musicians and production. On the 1972 album, "Ladies Love Outlaws," he was at last able to use his own band, the Waylons, and to record current material, such as the Three Dog Night hit, "Never Been to Spain." The following year, the album "Honky Tonk Heroes" solidified his reputation as a country outlaw. In 1976, the album "Wanted - the Outlaws," featuring Jennings, his wife, Jessi Colter, Willie Nelson and Tompall Glaser became the first country LP to be certified platinum - one million copies sold.
    1941 - Singer Nilsson (Harry Edward Nelson III) is born in Brooklyn, N.Y. His biggest hit is the million-selling No. 1 single ``Without You.'' He scores the film ``Skidoo'' and the TV show ``The Courtship of Eddie's Father.''
    1942- Congress of racial Equality (CORE), founded as the Committee of Racial Equality by an interracial group of students in Chicago. Many of these students were members of the Chicago branch of the Fellowship of Reconciliation (FOR), a pacifist organization seeking to change racist attitudes. The founders of CORE were deeply influenced by Mahatma Gandhi's teachings of nonviolent resistance. CORE started as a nonhierarchical, decentralized organization funded entirely by the voluntary contributions of its members. The organization was initially co-led by white University of Chicago student George Houser and black student James Farmer. In 1942, CORE began protests against segregation in public accommodations by organizing sit-ins. It was also in 1942 that CORE expanded nationally. James Farmer traveled the country with Bayard Rustin, a field secretary with FOR, and recruited activists at FOR meetings. CORE's early growth consisted almost entirely of white middle-class college students from the Midwest. CORE pioneered the strategy of nonviolent direct action, especially the tactics of sit-ins, jail-ins, and freedom rides.
http://www.core-online.org/features/what%20is%20core%20frame.htm
http://www.interchange.org/jfarmer.html
http://www.highbeam.com/library/doc3.asp?docid=1P1:22137547
James Farmer’s father
http://www.cets.sfasu.edu/Harrison/Farmer/ETHA.htm
http://www.spartacus.schoolnet.co.uk/USAhouser.htm
http://www.afsc.org/about/gunnarjahnspeech.htm
    1941- Singer and songwriter Harry Nilsson was born in Brooklyn, New York. His breakthrough came in 1968 with the album "Aerial Ballet," which contained the hit single, "Everybody's Talkin'." It stayed in the top ten for much of 1969 and was the theme from the film "Midnight Cowboy." Nilsson's 1970 LP, "Nilsson Schmilsson," sold a million copies. From it came the chart-topping single, "Without You." Harry Nilsson held the distinction of never performing in public. And he only rarely appeared on TV. Nilsson died at his Los Angeles-area home on January 15th, 1994, 11 months after suffering a serious heart attack.
    1944- In a continued effort to penetrate the Japanese inner defenses, US amphibious forces invaded the Mariana Islands. A huge fleet, as documented in "Victory at Sea", of 800 ships from Guadalcanal and Hawaii carried the 2nd and 4th Marine Divisions, consisting of 162,000 men. By the end of the day, 20,000 of these men had established a 5 ½ mile-long beachhead on the island of Saipan. Though the American forces suffered heavy losses during an overnight counterattack, on the morning of June 16 the Marines still held the area they had taken the day before. A huge victory for the U.S. Marines. 
    1944—Birthday of guitarist, pianist, songwriter Eddie Hinton
Died July 28, 1995.
http://www.cdbaby.com/cd/hinton?cdbaby=b5516bd0b7d346eb4d2acb6f324352de
http://www.amazon.co.uk/exec/obidos/ASIN/B00004WHRS/026-7205197-9822825
    1948—Football Coach Mike Holmgren birthday, born San Francisco, CA.
    1949—Baseball coach, manger and form player Johnnie B. “Dusty” Baker, Jr. born Riverside, Ca.
    1949 - Russell Hitchcock of Air Supply is born in Melbourne, Australia. The group has three million-selling singles, including the No. 1 hit ``The One That You Love.''
    1950---Top Hits
My Foolish Heart - The Gordon Jenkins Orchestra (vocal: Eileen Wilson)
Bewitched - The Gordon Jenkins Orchestra (vocal: Mary Lou Williams)
The Third Man Theme - Alton Karas
Why Don’t You Love Me - Hank Williams
    1952 - U.S. Air Force Second Lieutenant James F. Low, 4th Fighter-Interceptor Wing, became the 17th ace of the Korean War with his fifth MiG kill. The most junior in grade ace of the war, Low had been in combat for only six days.
    1952 - Anne Frank: Diary of a Young Girl, was published on this date in the United States. It contained the memoirs of Dutch-Jewish teenager Anne Frank and her time spent with her family and others in hiding during World War II. She later died in a Nazi concentration camp, and many years later, her father, the only surviving member of her family, found her diary.
    1952—“My Little Margie” premieres on TV. A very popular show in its day, "My Little Margie" was a half-hour sitcom about a "womanizing widower and his meddlesome daughter." Margie was played by Gale Storm and Charles Farrell played her father, Vern Albright.
    1953 - The USS Princeton launched 184 sorties and established a single-day Korean War record for offensive sorties flown from the deck of a carrier.
    1954-Courtney Cox Arquette birthday, ("Family Ties," "Friends"), born Birmingham, AL.
    1954- Blind country singer Terri Gibbs birthday born Miami, Florida.
http://augusta.com/leaders/slideshow_national/slide22.html
http://www.vh1.com/artists/az/gibbs_terri/bio.jhtml
http://biologybooks.net/search_Terri_Gibbs/searchBy_Author.html
    1957 - East Saint Louis was deluged with 16.54 inches of rain in 24 hours, a record for the state of Illinois.
    1958---Top Hits
The Purple People Eater - Sheb Wooley
Do You Want to Dance - Bobby Freeman
Yakety Yak - The Coasters
All I Have to Do is Dream - The Everly Brothers
    1958-The Platters sing "Twilight Time" on Ed Sullivan.
    1961 - No. 1 Billboard Pop Hit: ``Moody River,'' Pat Boone.
    1963—Actress Helen Hunt’s birthday, ("Mad About You," Peggy Sue Got Married, Twister), born Los Angeles, CA. 
    1963 – Seattle, Washington first civil rights march:
More than 700 people attended a "freedom march" protesting racial discrimination in Seattle. The marchers, many of whom were white, walked in silence but carried signs. The Rev. Mance Jackson announced that the Bon Marché promised 30 new jobs for African Americans in its downtown & Northgate stores.
http://seattlepi.nwsource.com/lifestyle/59696_blackhistory26.shtml
    1963-Jan and Dean's "Surf City" is released. The song featured Brian Wilson on backing vocals and would prove to be the duo's only US number 1 record. 
    1963-21 year old Kyu Sakamoto became the first Japanese artist to hit the top of the US singles chart with a song called "Sukiyaki". It was also a #6 hit in the UK. The original title of the song was "Ue O Muite Aruko", which translates "I Look Up When I Walk". Sakamoto was killed on August 12th, 1985, when JAL Flight 123, a 747, crashed and burned on a thickly wooded mountain about 60 miles northwest of Tokyo. He was 43. 
    1965- Bob Dylan recorded "Like a Rolling Stone," the first of his recordings to feature electric instruments. Dylan's emerging rock 'n' roll leanings proved popular - "Like A Rolling Stone" reached number two on the Billboard chart.
    1965 - Elvis Presley film ``Tickle Me'' premieres.
    1966---Top Hits
Paint It, Black - The Rolling Stones
Did You Ever Have to Make Up Your Mind? - The Lovin’ Spoonful
I Am a Rock - Simon & Garfunkel
Distant Drums - Jim Reeves
    1966-- The Beatles album, "Yesterday & Today" is released by Capitol in the controversial "butcher" sleeve, with the Beatles smiling amongst a group of decapitated baby dolls. The original photo quickly became a problem for Capitol, so it was pulled and replaced by a more conventional cover. Could not find it for sale on eBay.
June 15-18- 1967, the first rock musical festival was held in Monterey, CA. I was there. It was a mad house. Promoter Alan Pariser and booking agent Ben Shapiro assembled the largest roster of rock and soul acts up to that time, including the Who, the Grateful Dead, Otis Redding, Jefferson Airplane, Big Brother and the Holding Company with Janis Joplin, and the Jimi Henrix Experience. More than 50,000 fans attended the non-profit event, which inaugurated a decade of ever-larger rock festivals. 
    1969-KELLEY, THOMAS G. “Medal of Honor”
Rank and organization: Lieutenant Commander, U.S. Navy, River Assault Division 152. place and date: Ong Muong Canal, Kien Hoa province, Republic of Vietnam, 15 June 1969. Entered service at: Boston, Mass. Born: 13 May 1939, Boston, Mass. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty in the afternoon while serving as commander of River Assault Division 152 during combat operations against enemy aggressor forces. Lt. Comdr. (then Lt.) Kelley was in charge of a column of 8 river assault craft which were extracting 1 company of U.S. Army infantry troops on the east bank of the Ong Muong Canal in Kien Hoa province, when 1 of the armored troop carriers reported a mechanical failure of a loading ramp. At approximately the same time, Viet Cong forces opened fire from the opposite bank of the canal. After issuing orders for the crippled troop carrier to raise its ramp manually, and for the remaining boats to form a protective cordon around the disabled craft, Lt. Comdr. Kelley realizing the extreme danger to his column and its inability to clear the ambush site until the crippled unit was repaired, boldly maneuvered the monitor in which he was embarked to the exposed side of the protective cordon in direct line with the enemy's fire, and ordered the monitor to commence firing. Suddenly, an enemy rocket scored a direct hit on the coxswain's flat, the shell penetrating the thick armor plate, and the explosion spraying shrapnel in all directions. Sustaining serious head wounds from the blast, which hurled him to the deck of the monitor, Lt. Cmdr. Kelley disregarded his severe injuries and attempted to continue directing the other boats. Although unable to move from the deck or to speak clearly into the radio, he succeeded in relaying his commands through 1 of his men until the enemy attack was silenced and the boats were able to move to an area of safety. Lt. Comdr. Kelley's brilliant leadership, bold initiative, and resolute determination served to inspire his men and provide the impetus needed to carry out the mission after he was medically evacuated by helicopter. His extraordinary courage under fire, and his selfless devotion to duty sustain and enhance the finest traditions of the U.S. Naval Service.
    1969—“Hee Haw” TV premiere. The show has been described as a country-western version of "Laugh-In," composed of fast-paced sketches, silly jokes and songs. Though critics didn't like it, it had popular appeal and did well as a syndicated show. It was co hosted by Buck Owens and Roy Clark, alternating with guest hosts. Regular performers included Louis M. "Grandpa" Jones, Junior Samples, Jeannine Riley, Lulu Roman, David "Stringbean" Akeman, Sherry Miles, Lisa Todd, Minnie Pearl and Gordie Tapp.
    1970- Jimi Hendrix records his first session at his Electric Ladyland Studio in New York City. It was the guitarist's state of the art "dream" studio.
    1971-The Guess Who's "Best of the Guess Who" LP goes gold.
    1974---Top Hits
Billy, Don’t Be a Hero - Bo Donaldson & The Heywoods
You Make Me Feel Brand New - The Stylistics
Sundown - Gordon Lightfoot
I Don’t See Me in Your Eyes Anymore - Charlie Rich
    1975-Ohio's Bo Donaldson and the Heywoods topped the Billboard Pop chart with "Billy, Don't Be a Hero", a song that was a UK number one for Paper Lace the previous March.
    1976-“Rain in” at the Astrodome. A 10-inche rainstorm caused the postponement of a regular season baseball game between the Pittsburgh Pirates and the Houston Astros at the Astrodome, a domed stadium. The rain caused flash floods that prevented everyone except members of both teams form getting to the ballpark.
    1980---Jack Nicklaus won his fourth US Open, shooting a record score of 272 at Baltusrol Golf Club. The previous record score for the Open was 275, held by Nickalus (1967) and Lee Tevino(1968.)
    1982---Top Hits
Ebony and Ivory - Paul McCartney with Stevie Wonder
Don’t Talk to Strangers - Rick Springfield
Don’t You Want Me - The Human League
For All the Wrong Reasons - The Bellamy Brothers
    1988 - Severe thunderstorms in the Central High Plains Region spawned five tornadoes around Denver, CO, in just one hour. A strong (F-3) tornado in southern Denver injured seven persons and caused ten million dollars damage. Twenty-six cities in the eastern U.S. reported record high temperatures for the date. The high of 97 degrees at Portland ME was a record for June.
    1989 - Thunderstorms produced severe weather over the Southern and Middle Atlantic Coast States. The thunderstorms spawned eight tornadoes, including strong (F-3) tornadoes which injured three persons at Mountville PA and four persons at Columbia, PA. There were 111 reports of large hail and damaging winds, including wind gusts to 80 mph at Norfolk, VA, and Hogback Mountain, SC.
    1990-The Rolling Stones song, "Paint It Black", hit number 1 in the Netherlands for the second time, twenty-four years after it first topped the singles chart. The song was included on their "Singles Collection" box set the previous year. 
    1990---Top Hits
Hold On - Wilson Phillips
Poison - Bell Biv DeVoe
It Must Have Been Love - Roxette
Love Without End, Amen - George Strait
    1992-The second largest two-day tornado outbreak in U.S. history commenced as a developing cumulus cloud broke through the cap in north central Kansas and exploded into a huge supercell thunderstorm. Between 4:15 and 8:35 pm cdt, this supercell produced 39 tornadoes in north central Kansas, including 12 in Mitchell County and 9 in Osborne County. A farmer living south of Cawker City reported going to the basement in his farm home 5 different times and each time he came out of the basement, his farm had additional damage. He also reported that at one time, he counted 3 tornadoes on the ground and 4 funnels in the air. Damage to property in Mitchell County exceeded $12 million.
    1993-Ray Charles made music history when his album "My World" showed up on Billboard's Hot 200, marking the sixth decade he had a charted LP.
    1999- Oriole Will Clark gets his 2,000th career hit in the 10-inning victory over the Royals, 6-5.
    2001---The Los Angeles Lakers take their second in a row NBA Championship
beating the Philadelphia 76ers in game 5.
http://espn.go.com/nba/playoffs2001/2001/0615/1214516.html
    2003---The Los Angeles Lakers take their third in a row NBA Championship.
http://www.nba.com/spurs/news/finals_index.html
    2004—Detroit Pistons play as a team and dominated the Los Angeles Lakers, who’s players are charged as being “old and slow” by the sports press.
http://www.detnews.com/2004/pistons/0406/15/index.htm
    2005--- Joining Mayor Michael Bloomberg, Governor George Pataki, and team officials, George Steinbrenner announces plans for new ballpark in the Bronx. The Yankee-financed $800 million facility, which will be built north of the current stadium in Macombs Dam Park, will seat at least 51,800 and will mirror the ‘The House that Ruth Built’ including limestone walls and the familiar copper frieze.

Stanley Cup Champions This Day

    1998 Detroit Red Wings

NBA Champions This Day

    2001---Los Angeles Lakers

games MVP

    2000-01 Los Angeles Lakers Philadelphia 76ers 4-1 Shaquille O'Neal, L.A.. 
    2002---Los Angeles Lakers

    2002-03 San Antonio Spurs New Jersey Nets 4-2 Tim Duncan, San Antonio

    2003-- Detroit Pistons/Los Angeles Lakers 4-1 Chauncey Billups, Detroit

 

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