 |
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If you are looking
for a book that will give you the information of a leasing company in
another company to send a deal or find out information---or if you are
looking for another source in the United States-This is the most informative
book you can find anywhere.
|
The only annually-updated international reference book for the asset financing and leasing industry available. The new 25th edition includes the latest market trends, over 100 authoritative articles and reports on the leasing software and IT market, an exclusive ranking of the top 50 leasing markets by size worldwide with feature profiles from Africa to Venezuela PLUS a directory of over 4,400 contacts.
Alternatively visit https://www.euromoneyplc.com/ to order online |
Tuesday,
June 29,2004
Headlines---
Classified
Ads---Leasing Industry Attorneys
Dale
Washington Wins the Case Against Wells Fargo
"New
Equipment Fund Raising Equity"
CapitalPro
Pays $176,500 Penalty
Bank
Regulators Invite Further Comments
Consumer
Vehicle Lease Volume Down Another 20% in 2003
Dan
Conway Managing Director, FocalPoint Partners LLC
Paul
Stilp Joins ELA as Director of Business & Operations
######## surrounding the article denotes it is a “press
release”
Classified
Ads---Leasing Industry Attorneys
Listed are Attorneys
and law firms who specialize in the leasing industry, belong to a leasing association, and are looking for clients to
represent---free ad with the only requirement that the attorney belong
to an equipment leasing
association.
California - statewide:
CA "ELA"
5-attorney creditors rights law firm, in biz 25 yrs +, specialize all aspects of creditor representation. Primarily represent equipment lessors & funders, plus collection and creditor rep. in bankruptcy.
Email: phemar@hemar.com
http://www.hemar.com/expertise.htm
California - statewide:
Encino, CA. "ELA"
24 Attorney AV-rated Law firm representing the Leasing Industry for over 25 Years. We specialize in Lease-enforcement, collection and representation in Bankruptcy Court.
email:
sjenkins@hemar-rousso.com
http://www.hemar-rousso.com/fsl5cs/XMLAttorneyProfile.asp?guid=I34499C741DD211B2A1F54700820CBE0C
Connecticut, Southern New England: EVANS, FELDMAN & BOYER, LLC Collections, litigation, documentation, portfolio sales and financing, bankruptcy. We represent many of the national and local leasing companies doing business in this state. Past chairman EAEL legal committee. Competitive rates.
Email: rcfeldman@snet.net EAEL
Law Firm -
Service, Dallas, TX. ELA
Mayer regularly practices
in leasing, secured financing, project development and finance and corporate
finance.
email: dmayer@pattonboggs.com
http://www.pattonboggs.com/newsletters/bln/index.htm
Los Angeles, Statewide:
CA. "ELA"
Aggressive creditors rights law firm specializing in equipment leasing handling collection matters on a contingency, fixed fee or hourly basis.
Email: RGarwacki@prodigy.net
Los Angeles -statewide:
CA "ELA "
Practice limited to collections, bankruptcy and problem accounts resolution. Decades of experience. 10-lawyer firm dedicated to serving you. Call Ronald Cohn, Esq. (818)591- 2121 or email.
Email: rrcohn@aol.com
National:
Full staff of attorneys and legal assistants work with Group Leader Barry S. Marks to ensure prompt, cost-effective responses to client needs:
Email: poetbarry@aol.com
http://www.leaselawyer.com/
Coston & Lichtman: Business attorneys serving the lease-finance
industry since 1980. Transactional, documentation, corporate; workouts,
litigation, bankruptcy. Chicago & Florida offices. Jim Coston, CLP
(Members: ELA/UAEL/MAEL)
email: Jcoston@costonlaw.com
Northern California
- Statewide: CA "EAEL" "ELA" San Francisco expertise
at Marin County prices; practice limited to equipment leasing and finance
with 22 years experience, testimonials. Ken Greene, Esq.
Vox: 415 461 3777 keng@kengreenelaw.com
http://www.kengreenelaw.com/newsletter.html
----------------------------------------------------------------------------
Economic
Events This Week
June
29
Tuesday
Consumer Confidence: June
July
1
Thursday
Construction Spending: May
Weekly Jobless Claims
July
2
Friday
Unemployment: June
-------------------------------------------------------------------------------
Dale
Washington Wins the Case Against Wells Fargo
“I have the best
news for the Wells Fargo Victims: Their motion for summary judgment
was thrown out with the judge indicating Wells Fargo could not be a
holder in due course because they did not pay value for the lease -
in fact, they appeared to be nothing but a collector for unnamed note
holders.
”The Court's opinion was detailed and thoughtful & I will make the
transcript available. We plan to sue Wells Fargo, maybe its attorneys
under RICO, Unfair Business Practices, Conspiracy, and malicious prosecution.”
”Defendants successfully resisted Wells Fargo's summary judgment on
June 25, 2004, Orange County Superior Court, case 03CC08262. In denying Wells Fargo's contention that it was a holder in due
course, the court pointed out that Wells Fargo had not proven that they
paid value for the securities, and cited Wells Fargo's contention that
they were an indentured trustee, a servicing agent who was paid a fee
for administering the (lease backed) trust (as opposed to a purchaser
of securities for value). The court also commented that it appeared Wells
Fargo was a mere collector for note holders, who had not addressed evidence
that the underlying lease transaction had never been funded.
“Despite this setback,
Wells Fargo is continuing its scorched earth
litigation against
defrauded lessees. I will provide
leasing news a copy of the court transcript later this week.”
Dale Washington
Attorney
714 593-2317
(Leasing News has
written about leases assigned to Terminal Marketing of New York ( no
longer in business ) who never paid the vendor, and often the broker,
but sold the lease to Wells Fargo.
Often, Terminal Marketing was making the monthly payments until
they went out business. As long as they
were adding more leases, the discounted transaction created money to
make the payments. When the
leasing world turned around, those companies who were playing this game,
got caught as the income was not
enough to continue
to make the payments plus pay for current transactions, including broker
fees. It was Wells Fargo's position, according to
the attorney's involved, that those who referred the lease were financially
responsible, even though they never received any remuneration or were
involved in the scheme.
Their "hell
and high water" claim, especially in the State of New York, made
the referrer of the lease as responsible as the funder of the lease. In California, Dale Washington is defending some of those who are
claimed "responsible" for the financial liability and here
he explains the defense he is taking against Wells Fargo, who he also
believes is
guilty of not doing
their "due diligence." Editor)
To see the original
story, please go here:
http://www.leasingnews.org/archives/June%202004/6-25-04.htm#wells
(As noted in the
original story, Wells Fargo does not comment on cases in litigation.
editor.)
Classified
Help Wanted Ads
Business Development Office
|
Business Development Officer,leasing exp.,min 3 yrs business & direct sales exp. Banking procedure knowledge helpful. Gilroy, CA location, serving four surrounding counties. E-mail valdezd@1stnational.com or see Career Opportunities www.pcbancorp.com About the Company: Pacific Capital Bancorp is a $5+ billion, multi-bank holding company dedicated to providing an enduring network of community banks on the Central Coast of California. This unique partnership of independent banks provides customers in six California counties with the financial strength and product diversity of a big bank, delivered with the responsiveness and personalized attention of a local community bank. |
Sales
|
About the Company: www.odysseyequipfinance.com |
|
About
the Company: |
Sales: Established 20-year
full service lessor seeks sales professional in small or mid ticket
markets. Earn high commissions, with benefits.
Specialist
|
Port Leasing Sales Officer - Port of Long Beach:
conducts/oversees negotiations for leases, permits, property acquisition;
prepares lease proposals; negotiates prop. acquisition; neg. lease
agreements with new/exisiting tenants; develops financial info.
to analyze lease proposals. College degree expected. Contact:
Stuart Satow, CPS Executive Search 916-263-1401,
ssatow@cps.ca.gov
Recruitment brochure |
-------------------------------------------------------------------------------------------------
"New
Equipment Fund Raising Equity"
ABS Net
Lease Equity Appreciation
Fund II, under the guidance of LEAF Asset Management, has filed with
the Securities and Exchange Commission to sell some of its limited partnership
interests to raise up to $60 million for equipment leasing. With the
sale proceeds, Lease Equity plans to purchase equipment for leasing
and to acquire existing equipment portfolios from other lessors. The
fund says that about 67 percent of its acquisitions could be financed
through securitizations, and says it plans to focus on medical, industrial,
and climate control equipment. LEAF has assembled a team of principles
and executives with equipment leasing experience to run the fund once
it enters the asset-backed securities market. LEAF Vice President of
Finance and Treasurer Matthew Goldenberg, who joined the company last
October, previously was the director of structured finance at DVI Financial
Services. Crit DeMent and Miles Herman, previously of Fidelity Leasing,
are slated to be principles at LEAF.
-------------------------------------------------------------------------------
CapitalPro
Pays $176,500 Penalty
The Arizona Corporation
Commission announced Gary G.
Johnson, 50, of Peoria, who agreed to pay a $12,500 penalty and return
$164,000 in commissions that he earned from selling unregistered long-term
promissory notes issued by CapitalPro Asset Management Fund, a California-based
company dealing in equipment leasing.
Johnson, who the
commission said has been cooperative, could not be reached. Leasing
News could find not other information on Capitalpro.
The company should
not be confused with Capital Pros Network.
It was reported that
Capitalpro filed bankruptcy in California, but this
could not be confirmed.
UAEL
Newsline Line—On Line
 |
||
| UAEL.org UAEL Headquarters 78120 Calle Estado Suite 201 La Quinta, CA 92253 760-564-2227 main 760-564-2206 fax UAEL Executive Director Joe Woodley Jwoodley@uael.org UAEL Director of Membership & Marketing Bill Grohe Bill@uael.org UAEL Executive Assistant Mike Wood Mike@uael.org  UAEL Newsline 2004 is published by the United Association of Equipment Leasing. All rights reserved. All opinions expressed in the articles, analysis, interpretations, et.al., within this publication are solely those of the individual authors. |
 A Message From the UAEL President 2004 Annual Conference & Exposition - Marvelous Monterey! - UAEL members will gather in beautiful Monterey What Can Business Intelligence Do For Leasing? - BI Applications are turning up everywhere 2004 Forum for Professional Growth - A recap and pictures of the recent conference 2004 Regional Meeting & Summer Board of Director's Meeting - Join us in Boston. Networking, education & more A Contest to Build Membership - Announcing the 2004 UAEL Membership Contest! Certified Lease Professional Designation - The unique benefits of the CLP Our Mission: To provide a forum for the personal and professional growth and success of its members. |
NEWSline Sponsors ACC Capital Corp. Bank Of The West Equipment Financing Group Financial Pacific Leasing US Bancorp Manifest Funding Services |
| The next edition of NEWSline (tentatively scheduled for November 2004 distribution) will be a hard copy edition and we are seeking additional input from all UAEL members for the content. Contributing news items, photos or articles with educational value is a great way to become more active in your UAEL, and give something back to the association at the same time. Each member has something unique to share and we look forward to hearing it! Please send articles to valerie@leaseteam.com or randy@leaseteam.com. The edition following the November 2004 edition will return to an online format. So, keep the NEWSline in mind for all your future newsworthy events. Thank you. |
----------------------------------------------------------------------------------
Bank
Regulators Invite Further Comments
ABSnet
(aimed also at SBA Loan-Bank agreements)
U.S. regulators have
added a month to the comment period for a proposal that could make banks
accountable for the actions of third-party lenders whose credits they
securitize.
Market players now
have until July 19 to submit comments on the "sound practices guidelines"
formulated by the SEC and four bank regulatory agencies. Some industry
players hope to use the extra month to raise awareness of the proposal,
which has been largely overshadowed by other regulatory issues.
The new guidelines
are meant to guarantee that banks who securitize other companies' loans
through term transactions and commercial-paper conduits - as well as
those who participate in credit derivatives - make sure that those lenders
follow ethical business practices. Issuers that fully adhere to the
guidelines would be shielded from any liability.
Banks are worried
that the proposal could force them to adopt costly procedures to ensure
that they won't be held responsible for the actions of unscrupulous
clients. At the same time, many are suffering from a case of "regulatory
overload," said Richard Schetman, a partner at Cadwalader Wickersham.
"The banks know this is out there and know they should be concerned,
but they only have so many resources they can devote" to sparring
with regulators, he said.
Industry participants
pointed out several problems with the proposal in letters submitted
to the SEC before the original June 18 deadline. Some complained that
the rules aren't clear on what banks would have to do to demonstrate
their awareness of other lenders' practices. In some cases, the rules
would require issuers to demand proprietary information from clients,
said Gwen Ritter, senior accounting advisor at the American Bankers
Association.
It's also unclear
which transactions would be exempt from the rules.
In addition, there's
some fear that the proposed guidelines call for more than a sound judgment
call on an issuer's part. Because the SEC expects issuers to police
the knowledge and intentions of loan originators, banks could actually
face more - rather than less - legal liability and potential damage
to their reputations, the British Bankers Association wrote. The association
also maintains that the proposal conflicts with European Commission
rules applying to European companies that sell bonds in the U.S., and
should be drafted in cooperation with regulators abroad.
Deloitte & Touche,
meanwhile, said the proposal doesn't define when issuers should seek
legal and accounting help.
Issuers may be willing
to pay small sums to ensure that their collateral information matches
up with the data supplied by loan originators, Cadwalader's Schetman
said. But some could also decide that the proposal adds too much legal
risk, prompting them to seek other funding options. "The rules
almost make you a guarantor" of the counterparty or lender participating
in a transaction, he said.
The "Interagency
Statement on Sound Practices Concerning Complex Structured Finance Activities"
was issued in May by the SEC, the Comptroller of the Currency, the Federal
Reserve Board, the Federal Deposit Insurance Corp. and the Office of
Thrift Supervision.
The agencies delayed
the comment deadline at the request of the American Banker's Association,
the Bond Market Association, the International Swaps and Derivatives
Association and six other organizations.
------------------------------------------------------------------------
### Press Release
#############################
Consumer
Vehicle Lease Volume Down Another 20% in 2003
NASHVILLE, Tenn.,
/ -- The Association of Consumer Vehicle Lessors announced that member
leasing companies reported a total reduction in new leases from 2.0
million in 2002 to 1.6 million in 2003.
This 19.8% volume decline shows the continued effect of high
cash rebates and interest rate subsidies, combined with longer loan
terms. These manufacturer programs
have created attractively low monthly loan payments and induced some
consumers to finance rather than lease their new vehicles.
Since the peak of leasing in 1999, leasing volume has fallen
more than 50% from 3.4 million new leases to 1.6 million new leases
in 2003.
The 2003 decline
hit ACVL captives a little harder than banks:
captive total leases were down 20.5% while bank leases were down
16.3%. The decline was much more dramatic for large lessors than smaller
ones: large lessor lease volume dropped 21.5% compared
to 6.0% for medium lessors. For
both the bank and captive lessors, the volume of the larger members
declined more than smaller ones such that the average (unweighted) volume
decline was 14.9% for captives and 6.4% for banks.
"There were
a number of factors contributing to lower lease volumes," explained
Rob Mize, ACVL President, "including the expansion of the 0% retail
installment programs and other similar manufacturer installment sale
promotions, continued declines in residual values (causing higher monthly
lease payments making leasing less competitive compared to financing),
and fewer manufacturer subvented lease programs. However, those trends
appear to be abating in 2004 so lease volume may climb this year."
ACVL members also
reported that their end-of-term residual losses decreased somewhat in
2003. Residual losses declined to $2,909 in 2003
from a weighted average of $3,269 in 2002, an 11% decrease. While the declining residual loss level was
a welcome development for lessors, consumers who had leased their vehicles
continued to reap substantial benefit by having lessors absorb these
used car market losses. While
it appears that residual losses will fall dramatically during 2004 and
over the following years, leasing still protects consumers from unexpected
declines in trade-in values. Consumers have come to appreciate the protection
that leasing affords them from excess depreciation.
The ACVL survey highlights
a number of areas in which bank and captive vehicle leasing programs
differ. For example, the average lease term of bank lessors was 51.4
months in 2003, compared to 38.6 months for captive lessors. This is
the largest difference in the 11 years for which lease data has been
compiled by the association. Additionally, on an unweighted basis, more
than 20% of new bank leases were longer than 60 months.
"Now more than
ever, it's important that consumers be informed about the benefits and
responsibilities of leasing before they decide whether to lease or buy,"
said Mize. "The ACVL web
site has a Lease vs. Buy Quiz which has received very positive feedback
from customers looking for assistance on that decision," notes
Mr. Bernard de Souza, ACVL Customer Service Committee Chairman.
"A major part
of our mission at ACVL is to provide consumers with the information
they need to make informed decisions.
Our Web site -- www.acvl.com
-- is a good place to start for those who want to consider leasing among
their options," noted Mize.
ACVL has conducted
its annual member lease survey since 1993.
ACVL members account for an estimated 80% of all consumer vehicle
leasing in the U.S.
SOURCE Association of Consumer Vehicle Lessors
### Press Release
##########################
Dan
Conway Named Managing Director, FocalPoint Partners LLC
LOS ANGELES-- Seasoned Senior Lender's Arrival Enhances
Resources for Capital Raising
Transactions at Burgeoning Investment Banking Firm
Top-level banking veteran Dan Conway has been named Managing Director,
FocalPoint Partners LLC, the Los Angeles-based independent investment
banking firm focusing on advising and structuring transactions for middle-market
companies. The announcement was made today by Duane K. Stullich, FocalPoint
Partners Co-Founder and Managing Director.
The addition of Conway, who was formerly Vice President, Senior
Business Development Officer, Fleet Capital Corporation, significantly
enhances FocalPoint Partners' growing executive ranks as well as its
resources for capital raising transactions. FocalPoint, recently completed
the acquisition of The Walking Company by Big Dog Holdings, Inc. and
the divestiture by Pierre Fabre SA (France) of Physicians Formula to
Summit Partners.
FocalPoint Partners was established last year by leading finance
strategists Stullich, Nishen Radia and Michael Levin. Stullich has extensive
experience advising middle market companies and was a key contributor
to the establishment of Houlihan Lokey Howard & Zukin's corporate
finance department. Stullich was also a co-founder of Murphy Noell Capital.
Radia worked for Merrill Lynch in London, Hong Kong and New York and
prior to that, worked for SocGen Investment Banking in London. Levin
has a wealth of retail and restructuring experience having worked as
a lawyer, financial advisor and principal for Newmark Global Investment
Advisors, PricewaterhouseCoopers and Gordon Brothers Retail Partners.
He was the Founder, Chairman and CEO of The Levin Group, a highly specialized
retail advisory organization.
"Dan's broad expertise in senior lending will benefit our
clients tremendously," stated Stullich. "Often, we are called
upon to facilitate interim and long-term debt in complex transactions
and Dan's network of providers will give our client's flexible solutions."
During his tenure at Fleet Capital Corporation, Conway originated,
structured and underwrote asset-based and cash flow commercial loans
for companies in varied industries. His extensive network of capital
providers include asset-based and cash flow lenders, mezzanine debt
providers, junior secured or Term B debt providers, leasing companies,
factors, and hedge funds. He also has provided securitization products
and high-yield debt, with many transactions completed in conjunction
with mergers and acquisitions and financial restructurings, including
bankruptcy sales and reorganizations, working with private equity firms,
bank group members, junior capital providers, bond holders and other
constituents.
Prior to joining Fleet Capital in 1998, Conway led many successful
transactions at NationsBank, GMAC Commercial Services, and Barclays
Business Credit. He started his career at Deloitte and Touche in Los
Angeles where he earned his CPA certification. Conway holds a bachelor's
degree in business administration from the University of Notre Dame
and an MBA from the University of Southern California where he was selected
for membership in Beta Gamma Sigma in recognition of high scholastic
achievement.
FocalPoint Partners LLC is an independent investment bank, specializing
in mergers and acquisitions, raising capital (both debt and equity),
and financial restructurings. The firm's primary focus is on middle-market
companies headquartered in the United States, operating with revenues
between $5 million and $250 million in a diverse range of industries.
FocalPoint is managed by seasoned veterans with backgrounds in law,
public accounting, senior lending, private equity and investment banking
at leading national and international firms. The firm's goal is to provide
unbiased, innovative financial advice by taking the time to truly understand
the needs of its clients and then devising a strategy that best fits
those objectives. More information is available at: www.focalpointllc.com.
CONTACT:FocalPoint
Partners LLC Jay Rosen, 818-728-6049 jrosen@focalpointllc.com or Russell
Communications Richard Klein, 310-559-4955 x 103 richardklein@ruscom.com
SOURCE: FocalPoint
Partners LLC
### Press Release
##########################
Paul
Stilp Joins Equipment Leasing Association as Director of Business and
Operations
Arlington, VA — —The Equipment Leasing Association (ELA) is
pleased to announce that Paul Stilp has joined the association as Director
of Business and Operations, where he will manage the day to day operations,
including finances and accounting, personnel, and technology for the
association. Paul brings more than 18 years experience in management
and administration in trade associations, corporations, and government.
“I am delighted to
join such a forward-thinking association such as ELA,” said Stilp. “The
association’s commitment to efficiency and effectiveness creates an
environment where member service can be the primary focus.”
“We are delighted
to have someone with Paul’s extensive experience and expertise in managing
our operations. Paul’s varied experience with nonprofit, government
and corporations brings a ‘best-practices’ perspective from the standpoint
of running a trade association,” said ELA President Michael Fleming.
Paul most recently
was Vice President and Chief Financial Officer at the National Organization
on Disability (NOD), Washington, DC where he was responsible for the
entire day to day operations including human resources and financial
matters. Prior to NOD, Paul was Chief Administrative Officer for Widmeyer
Communications, Washington, DC, where he was responsible for the administration
of office operations including supervision of support staff, purchasing
(including budgeting and projections), contracting and vendor relations,
facilities security and management, oversight of equipment maintenance.
Paul has a B.A. in economics and political science from Miami
University in Oxford, Ohio, and completed coursework for an M.A. in
political science at Eastern Illinois University in Charleston, Illinois.
He is a member of
the Alexandria Democratic Committee, and on the Boards of the Wisconsin
State Society and the Taylor Run Civic Association.
About ELA
Organized in 1961,
the Equipment Leasing Association (ELA) is the premier non-profit association
representing companies involved in the dynamic equipment leasing and
finance industry to the business community, government and media. As
the voice of the leasing industry, ELA promotes the estimated $218 billion
industry as a major source of funds for capital investment in the United
States and abroad. Headquartered in Arlington, Va., ELA has more than
800 member companies and a staff of 25 professionals. For more information
on ELA, please visit www.ELAOnline.com.
### Press Release
##############################
News
Briefs
Food, Gas Prices
Offset Increase in Income
http://www.washingtonpost.com/wp-dyn/articles/A13277-2004Jun28.html
GM: Sales not meeting
expectations
http://www.usatoday.com/money/autos/2004-06-28-gm_x.htm
Washington Mutual
Cuts Profit Forecast, Citing Rates
http://www.nytimes.com/2004/06/29/business/29bank.html
Technical Analysis:
Which Way After June 30?
http://www.internetnews.com/bus-news/article.php/3374651
Historically low
rates are history
http://www.boston.com/business/articles/2004/06/29/historically_low_rates_are_history/
Handheld Devices
the Hottest Thing on the Marketplace
http://www.internetnews.com/bus-news/article.php/3374561
30” Monitor/New “Tiger”
OS/New Features—Apple Stays Ahead
http://sfgate.com/cgi-bin/article.cgi?file=/c/a/2004/06/29/APPLE.TMP
Intel to unveil 64-bit
microprocessor
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle
/archive/2004/06/28/BUG0A7CMUG1.DTL&type=business
Damage in Kansas
Wheat Worst in Northwest
http://www.washingtonpost.com/wp-dyn/articles/A13762-2004Jun29.html
Credit Unions Looking
to Expand
http://www.washingtonpost.com/wp-dyn/articles/A13699-2004Jun29.html
“Gimme
that Wine”
Oregon-Washington/Two-state
wine-growing area approved
http://www.heraldnet.com/stories/04/06/28/bus_winearea001.cfm
Box Wine Sales Up
http://www.suntimes.com/output/business/wine27.html
More California Counties
to Vote on Banning Genetically Engineered Crops
http://www.winespectator.com/Wine/Daily/News/0,1145,2517,00.html
Sterling Silver Screen
Series Announces Summer Schedule
http://www.vino.com/press/press_release.asp?PRID=374
Gallo to Launch First
French Wine
http://www.winespectator.com/Wine/Daily/News/0,1145,2515,00.html
------------------------------------------------------------------------------
Tribes nationwide
are taking their casino profits and looking to forge business ventures
and invest . ..
http://www.signonsandiego.com/news/business/20040627-9999-mz1b27offres.html
-------------------------------------------------------------------------------------------------
This
Day in American History
1736—Birthday
of American Patriot Patrick Henry
http://memory.loc.gov/ammem/today/may29.html
1744--
“Yankee Doodle” was written by Dr.Richard Shuckburgh, regimental
surgeon to General Edward Braddock, commander in chief of the British
forces during the French and Indian War.
The verses were written at Albany, NY, and set to an ancient
English tune, “The World Turned Down.” Shuckburgh intended to ridicule
the “homely clad colonials,” but the song was taken up by the colonist
themselves, and was played at the victory celebration in Yorktown in
1781 when Lord Cornwallis surrended at the end of the Revolutionary
War.
Some of the popular songs during this time
were “ The Liberty Song,” also known as “ In Freedom We’re Born,” and
“ My Days Have Been So Wondrous Free.”
Perhaps the most popular war song, according to historians, was
“Chester,” composed in 1778 by William Billings of Boston, MA.
The song was published in Billing’s “The Singing Master’s Assistant
or Key to Practical Music,” printed by Draper and Folsom, Boston. “Chester”
contains the following chorus: “ Let tyrants shake their iron rod;/
And Slav’ry clank her galling chains,/We fear them not;/ We trust in
God,/New England’s God forever reigns.”
1832-“
America the Beautiful” was written on a scrap of paper in a half hour
by Dr. Samuel Francis Smith, a Baptist minister.
The original manuscript is in the Harvard University Library.
1848—Wisconsin
becomes the 30th state.
(lower part of: http://memory.loc.gov/ammem/today/may29.html
)
1851—The
historic Ohio Woman's Rights Convention met in Akron.
http://memory.loc.gov/ammem/today/may28.html
1858-Biurthday
of George Washington Goethas, American engineer and army officer, chief
engineer of the Panama Canal and first civil governor of the Canal Zone,
born at Brooklyn, NY. Died at New York, NY Jan 21, 1928.
1858-Birthday
of Julia C. Lathorop, a pioneer in the battle to establish child-labor
laws. Julia C. Lathrop was the first woman member of the Illinois State
board of Charities and in 1900 was instrumental in establishing the
first juvenile court in the U.S. In
1912 President Taft named Lathorop chief o the newly created children’s
Bureau, then part of the US Dept. of Commerce and Labor. In 1925 she
became a member of the Child Welfare Committee of the League of Nations. Born at Rockford, Il, she died there April 15, 1932.
1862-To
set the record straight about a famous Internet Hoax about “Taps., a
military signal, indicating “lights out” at night and “farewell” at
military funerals. The internet
hoax names the right period of time, but the wrong circumstances. Actually
“Taps”was played on the drum for many years, thus its name.
The musical form of “Taps,” which is performed as a bugle call
and also as a song. Union General Daniel Butterfield wrote the music on the back of a
torn envelope and whistled the tune to Oliver Wilcox Norton, bugler
and aide-de-camp of General Strong Vincent, commander of the 83rd Regiment Pennsylvania Volunteers
of the Army of the Potomac. They were resting in camp at Harrison’s
Landing on the James River in Virginia, immediately after the seven
days of fighting near Richmond.
1886
-- Harlem photographer James VanDer Zee born Lenox, Massachusetts.
http://www.aaregistry.com/african_american_history/965/
James_Van_Der_Zee_was_an_acclaimed_photographer
http://www.ccsf.edu/Events_Pubs/Guardsman/s980227/ae01.htm
http://www.si.umich.edu/CHICO/Harlem/
1888-
World-class athlete Jim Thorpe was born in a one-room cabin near Prague
in Indian Territory, now Oklahoma.
1905—
Archibald Wright “Moonlight” Graham, a real-life ballplayer made famous
by his appearance in W.P. Kinsella’s novel, Shoeless Joe, and the movie,
Field of Dreams, played in his only major league game. A substitute outfielder for the New York Giants,
Graham entered the game in the late innings, neither coming to bat nor
making a fielding play. Poetic
license in the book and film moved this game to 1922.
The story
of
his life was otherwise true.
http://www.uslink.net/~0695vs/moonlight.html
http://www.baseball-reference.com/g/grahamo01.shtml
1910-Birthday
of song writer Frank Loesser, New York City, NY
1922—Composer-pianist
Ralph Burns born Newton, Mass. He wrote Bijou, Early Autumn, many others for
Woody Herman before going out on his own as a pianist.
1924
– Birthday of American poet Cid Corman .Throughout the 1950's and 1960's
Corman's magazine ORIGIN published
some of the major works of the Black Mountain poets, as well as other
important work, choosing mostly poems not yet readily available elsewhere:
the early poetry of Charles Olson, Robert Creeley, and Denise Levertov
with the late works of Wallace Stevens and William Carlos Williams.
Corman
has published over 70 volumes of poetry, translated several French and
Japanese poets, and published four volumes of essays. He has lived in
Kyoto, Japan since 1958 where he and his wife run a business, Cid Corman's
Dessert Shop.
"A hint or tint of
music — as if the silence
were being turned on."
http://
www.english.upenn.edu/~wh/ corman.html
http://www.sover.net/~poetry/
corman.html
1931
- The temperature at Monticello FL hit 109 degrees to establish an all-time
record for the state.
1933-Primo
Carnera won the heavy-weight championship of the world by knocking out
Jack Sharkey in the sixth round of a fight at Long Island City, NY.
Carnera held the title for only a year. He knocked out two contenders
and then was defeated by Max Baer in June, 1924.
1934---After
four years in the National Football League, the Portsmouth Spartans
were sold to G.A. “Dick” Richards.
He moved the team to Detroit and changed its nickname from the
Spartnas to the Lions.
1936---Birthday
of third baseman Harmon Clayton Killebrew, born Payette, ID.
1938—Birthday
of The Valiants leader Billy Storm, Dayton, Oh
http://members.tripod.com/~thevaliants/surf.html
http://www.clodius.de/reviews/review.asp?id=31
1939-Benny
Carter records theme Melancholy Lullaby ( Vocalion 4984)
1941—Birthday
of crusader and Freedom rider Stokely Carmichael. As a radio newsman
I interviewed him by telephone during the March as arranged by Hal Light
of San Francisco. He reported coined the word: “Black Power.” I also interviewed him
in Oakland, California. In 1960, Carmichael formed the Student Nonviolent
Coordinating Committee. The SNCC was a student desegregation & civil
rights group recognized for organizing massive voter registration drives
in the 1960s. In 1967, Carmichael became honorary prime minister of
the militant Black Panther Party. Carmichael & his then wife, famed
South African singer Miriam Makeba, moved to Guinea in 1969. He died
of cancer on November 15, 1998.
http://www.spartacus.schoolnet.co.uk/USAcarmichael.htm
http://www.interchange.org/Kwameture/nytimes111698.html
1941-
In a doubleheader with the Senators, Joe DiMaggio ties and then breaks
the American League consecutive game hitting streak of 41 established
by George Sisler. In the opener he knots the record with a double off
Dutch Leonard, and in the nightcap 'the Yankee Clipper' tops the record
with a seventh inning single against Walt Masterson.
1944-
singer Little Eva, whose full name is Eva Narcissus Boyd, was born in
Belhaven, North Carolina. She was the babysitter for songwriters Carole
King and Gerry Goffin when she recorded their song, "The Loco-Motion."
It went to number one in the summer of 1962. The background singers
on the record were a group called the Cookies, who had a hit of their
own later in '62 with "Chains."
1948---Top
Hits
Nature
Boy - Nat King
Toolie
Oolie Doolie - The Andrews Sisters
Woody
Woodpecker Song - The Kay Kaiser Orchestra (vocal: Gloria Wood &
The Campus Kids)
Bouqeut
of Roses - Eddy Arnold
1952-
I remember this day very well, the start of my teenager years,
when the first “Rock and Roll” song to hit Number 1 in the pop charts
was “ Rock Around the Clock.,” The recording artists were Bill Haley
and the Comets, one of the first all-white acts to play “Rock and Roll.”
It was the title song to the movie, “Blackboard Jungle.” Haley
was originally a country and western singer, who my father hired in
Chester, Pennsylvania in 1948 to sing “rock-a-billy” to a radio station
when he was the general manager. Haley
later learned the electric guitar and the rest is history.
1956---Top
Hits
The
Wayward Wind - Gogi Grant
I
Almost Lost My Mind - Pat Boone
Picnic
- The McGuire Sisters
Crazy
Arms - Ray Price
1956-Dharles
Dumas of the US became the first high jumper to clear the seven-foot
barrier when he reached seven ft, 5/8 inches at the US Olympic Trials
meet in Los Angeles. He won the gold medal at the Melbourne Olympics
later that year at a height of six ft, 11 ½ inches.
1960—Birthday
of singer Evelyn “Champagne” King, Bronx, New York
http://www.evelynchampagneking.com/
1963-
The first song written by John Lennon and Paul McCartney makes
it to the Hot 100. It's "From Me To You" as performed by Del
Shannon.
1964---Top
Hits
A
World Without Love - Peter & Gordon
I
Get Around - The Beach Boys
My
Boy Lollipop - Millie Small
Together
Again - Buck Owens
1968
-- Pink Floyd's second LP "A Saucerful of Secrets" is released.
1968
-- "Tip-Toe Thru' The Tulips With Me" by Tiny Tim peaks at
#17
1969
- Detroit Tiger Jim Northrup ended an exciting week in his baseball
career when he connected for his third grand-slam home run in seven
days, setting a record in major league baseball.
1970
- With the award-winning "Liza Minelli Special," NBC offered
an evening of entertaining television.
1971—The
City of Memphis, TN, voted to name a road in honor of Elvis Presley---a
12-mile portion of the highway that passes Graceland.
1972---Top
Hits
The
Candy Man - Sammy Davis, Jr.
Song
Sung Blue - Neil Diamond
Outa-Space
- Billy Preston
That’s
Why I Love You Like I Do - Sonny James
1980---Top
Hits
Coming
Up - Paul McCartney & Wings
The
Rose - Bette Midler
It’s
Still Rock & Roll to Me - Billy Joel
Trying
to Love Two Women - The Oak Ridge Boys
1984-
Bruce Springsteen kicks off his Born In The U.S.A. tour in St. Paul,
Minnesota. His single, "Dancing in the Dark," peaks at #2
on the same day.
1988
Foolish
Beat - Debbie Gibson
Dirty
Diana - Michael Jackson
Make
It Real - The Jets
He’s
Back and I’m Blue - The Desert Rose Band
1988
- Alpena, MI, reported a record low of 39 degrees while Jackson, MS,
equaled their record for the month of June with an afternoon high of
105 degrees. Thunderstorms in the central U.S. soaked Springfield MO
with 3.62 inches of rain, a record for the date.
1990-Dave
Stewart of the Oakland Athletics pitched a 5-0 no hitter against the
Toronto Blue Jays at SkyDome. Later in the day, Fernando Valenzuela of the
Los Angeles Dodgers pitched a 6-0 no-hitter against the St. Louis Cardinals.
This marked the first time in major league history that no-hitters
were recorded in each league on the same day and the first time in the
20th century that two pitchers hurled complete-game no-hitters
on the same day.
1994-
The U.S. Supreme Court reaffirms its 1973 Roe v. Wade decision on legal
abortion, but its 5-to-4 ruling June 29 in Planned Parenthood v. Casey
supports a Pennsylvania law limiting a woman's right to abortion. The
Court also lets stand a Mississippi law requiring a 24-hour waiting
period, which critics believe hindered many poorer women from obtaining
legal abortions because they cannot afford overnight stays in cities
far from their homes and jobs.
1994—Top
Hits
I
Swear- All-4-One
Regulate
(From "Above The Rim")- Warren G
Any
Time, Any Place/And On And On- Janet Jackson
Don
t Turn Around- Ace Of Base
1995-An
American space shuttle docked with a Russian space station for the first
time, resulting in the biggest craft ever assembled in space.
The cooperation involved in this linkup was to serve as a stepping-stone
to building the International Space Station.
1999-
Singer/songwriter Jewel forgets the words to her song "Little Sister"
from her Pieces of You album during a concert in Mountain View, California.
She asks the audience if anyone has a copy of her album with the front
cover. A boy in the audience pulls it out of his backpack, and holds
the lyrics up for Jewel while she performs
2000-
On his much awaited return to Shea Stadium, John Rocker pitches a perfect
eighth inning in front of 46,998 booing fans helping the Braves to stop
the Mets' winning streak at seven, 6-4. Prior to the game the Atlanta
reliever read a statement apologizing for his inappropriate comments
about New Yorkers which appeared in the off season in Sports Illustrated.
http://www.nationalpastime.com/%20Documents/rockersapology.html
2003---Top
Hits
This
Is The Night- Clay Aiken
Flying
Without Wings- Ruben Studdard
Crazy
In Love- Beyonce Featuring Jay-Z
Magic
Stick- Lil' Kim Featuring 50 Cent
Baseball
Poem
|
For Junior Gilliam (1928-1978)
by B.H. Fairchild
© |
|
Published:
The Little Magazine (1978) |
|
In the bleak, bleacherless corner And so I dreamed: to rise far You would turn, take the toss from Reese, The inning's over. You're in the shadows now. |
|
For Junior
Gilliam (1928-1978)
by B.H. Fairchild © |
|
Fast Facts Jim "Junior" Gilliam
played fourteen
seasons with the Dodgers starting in 1953 and moving with the
club from Brooklyn to Los Angeles in 1958, ending his career
with the organization in 1966. |
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