|
Corporate and Commercial Leasing Specialist, Alabama
5 years experience sales and credit
Great opportunity.
Click here for more information.
|
|
|
Monday, June 4, 2007 
Headlines---
Classified Ads---Operations
Mantis Financial–“Broker/Lessor” list
Sterling in Compliance with Sarbanes-Oxley
Cartoon---College Graduation Ceremony
NVLA Conference starts this Wednesday
Top Stories--May 28-June 1
Classified Ads---Help Wanted
Leasing 102 -by Mr. Terry Winders, CLP
Identification, Personal Property
Westminster Acquires Mercado Capital
Greystone expands Biz Development Team
Sale or merger seen as future for Sterling
CIT Financial Branding Story: Biz Wallets
Margin Growth Should Drive GE for Years
News Briefs---
You May have Missed---
California Nuts Brief---
"Gimme that Wine"
Calendar Events
Snapple Real Facts
Today's Top Event in History
This Day in American History
Baseball Poem
SuDoku
Daily Puzzle
######## surrounding the article denotes it is a “press release”
------------------------------------------------------------------------------- -------------------------------------------------------------------------------
Classified Ads---Operations
East Windsor, NJ
Skilled Manager in credit, collections, training, documentation, policy and procedure, lease and finance operations. Get results and keep the customer coming back.
Email: rgmorrill@comcast.net
Resume
Boulder, CO
A proven Director acknowledged for the ability to creatively troubleshoot situations, and to develop/implement turn around programs in both start-up and established operations.
E-mail: scottroessler@comcast.net
Resume
These job-wanted ads are free. We also recommend to both those seeking a position and those searching for a new hire to also go to other e-mail posting sites:
http://www.leasingnews.org/Classified/Posting_sites.htm
In addition, those seeking employment should go to the human resource departments on company web sites for funders, captive lessors, and perhaps “broker-lessors.”
To place a free “job wanted” ad here, please go to:
http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm
For a full listing of all “job wanted” ads, please go to:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm
[headlines]
--------------------------------------------------------------
Mantis Financial, Austin, Texas –“Broker/Lessor” list
The newest member of One World Leasing Finance, a leasing co-operative, is now in the “Broker/Lessor” list.
"Broker/Lessor" List
Third Column: YES - Year Company Started | YELB - Years in equipment Leasing Business
A - City Business License | B- State License | C - Certified Leasing Professional |
D - State(s) sales/use tax license |
E - Named as "lessor" on 50% or more of lease contract signed. |
|
Name
City, State
Contact
Website
Leasing Association |
YCS
YELB
(see above for meaning) |
# of Empl. |
Geographic Area |
Minimum
Dollar
Amount |
Buisness Reports |
|
|
|
D |
|
|
2001
10 |
5 |
North America |
$5,000 - $5,000,000 |
|
N/N |
Y |
S |
Y |
Y |
N/R (not reported)
N/N (not necessary; not required)
* (no response---these listing do not come from the company directly, but from our research from many sources. It is our policy not to put anything in this section without confirmation.)
S (Studying)
To view the complete list, please click here. [headlines]
--------------------------------------------------------------
Sterling Financial in Compliance with Sarbanes-Oxley
by Shawn Halladay
www.leasingnotes.com
As reported in Leasing News, Sterling Financial is struggling to survive in the aftermath of a major internal fraud committed at one of its financial services affiliates, Equipment Finance, LLC (EFI). Sterling currently expects to record a cumulative after-tax charge to its 2006 financial statements of approximately $145 million to $165 million, based upon the results of the investigation’s preliminary findings. Again, in the grand tradition of Enron, Tyco, and Worldcom, shareholders are going to take the hit. Which begs the question – “Where was SOX?”
Depending on with whom you speak, the Sarbanes-Oxley Act (SOX) is either a costly, knee-jerk reaction to corporate excesses or a boon to shareholders in the form of protection from predatory executives. Although many people at the time thought that SOX, particularly Section 404, was essential to restoring confidence in the US capital markets, there have been many who subsequently have expressed reservations about its effectiveness. Even Michael Oxley, for whom SOX is named, recently stated that the act, if not wrong itself, was poorly implemented.
Irrespective of where you stand on the issue of SOX efficacy, the bottom line (how’s that for sweet accounting talk?) is that SOX was not an issue in the Sterling Financial debacle. Section 404 requires companies and their auditors to examine and report on the processes behind their financial reporting, with an emphasis on evaluating the internal controls associated with those processes.
Based on what I have read of the case, there were established processes and internal controls in place at EFI. Furthermore, they were tested by the independent auditors, who, I assume, adequately met their responsibilities. For those of you not familiar with internal controls, the internal control system relies on techniques such as segregation of duties, verification rules, reconciliations, and various levels of authorizations to prevent, detect, and identify errors and malfeasance. Unfortunately, virtually any internal control can be circumvented if a fraud is perpetrated through extensive collusion. This is what happened at EFI. The internal control system apparently was suborned at all levels.
No, this was not a looting of the corporation, or a padding of the financials. It was a flat out conspiracy to defraud the company. My guess is that EFI was not as much a Sarbanes-Oxley failure, as it was a case of a concerted, multi-level attempt to circumvent the internal controls put in place as a result of the SOX. You can even make the case that SOX was operating effectively, since the fraud was discovered internally through accounting department reconciliations and review.
Shawn D. Halladay
Managing Principal
124 South 400 East Suite 310
Salt Lake City, UT 84111-2135
Phone: (801) 322-4499
Fax: (801) 322-5454
E-mail: shalladay@thealtagroup.com
http://www.thealtagroup.com/bios-halladay.php
http://www.thealtagroup.com/pdd/course_catalog.php
[headlines]
--------------------------------------------------------------
Cartoon---College Graduation Ceremony
[headlines]
--------------------------------------------------------------
NVLA Conference starts this Wednesday
“What happens in Vegas, does not stay in Vegas, “Dale Davis, past president of NVLA, and member of the Leasing News Advisory Board, said. “There will be many things to learn, new friends to make,
and information on how to become more successful in vehicle leasing and financing”
He also told Leasing News it was not too late to register in advance or at the National Vehicle Leasing Association (NVLA) conference itself, which starts Wednesday, June 6 to 9 at the Venetian Resort Hotel and Casino in Las Vegas. The conference itself is open to any individual who operates in the vehicle leasing industry, including brokers, lessors, manufacturers, bankers and suppliers.
Dale Davis, President, Republic Fleet Services
He will have a report on the conference for Leasing News readers.
Workshops include:
—Selling Cars Online — Easy as 123
—Fraud & Compliance — Protecting Your Business
—Tax & Accounting Issues
—Deciphering Credit Reports and FICO Scores
—Lease Funding for Lessors
—Credit Union Lessors Roundtable
—Vehicle Reconditioning and Remarketing
—Legal, Legislative, Tag and Title Update 2007
—Medium Duty Trucks: Spec'ing, Upfitting, Bailment Pools
—Consumer Lessor Roundtable
—Fleet Lessors Roundtable
—Branding Your Business Like the Big Guys
There also will be half-day workshops will cover the subjects of time management and maximizing presence on the Web.
The association also noted several entertainment activities are planned for the conference, including a presentation by pickpocket entertainer Bob Arno, available tickets to Cirque du Soleil's Mystere and a golf tournament.
"There's no better place to network with your peers, bankers, suppliers and the like. These special events help foster new relationships, rekindle old friendships and cement business opportunities," Dale Davis pointed out.
For more information on the conference, individuals can contact NVLA headquarters at
(800) 225-NVLA or info@nvla.org. Individuals also can visit the NVLA Web site: www.nvla.org.
[headlines]
--------------------------------------------------------------
Top Stories--May 28--June 1st
Here are the top ten stories most “opened” by readers last week:
(1) Sterling Financial needs your help
http://www.leasingnews.org/archives/May%202007/05-30-07.htm#sfin
(2) Notice: Not Sterling National Bank, New York
http://www.leasingnews.org/archives/June%202007/06-01-07.htm#note
(3) Sterling Financial Class Action Suits
http://www.leasingnews.org/archives/May%202007/05-28-07.htm#sfc
(4) 300 Respond to Salary Survey
http://www.leasingnews.org/archives/June%202007/06-01-07.htm#survey
(5) Remembering Bob Baker, CLP
http://www.leasingnews.org/archives/May%202007/05-28-07.htm#clp
(6) What if Sterling Financial had Lease Team software?
http://www.leasingnews.org/archives/June%202007/06-01-07.htm#sfc
(7) Leasing 102 - by Mr. Terry Winders, CLP
Do You Know the Equipment you are Leasing?
http://www.leasingnews.org/archives/May%202007/05-28-07.htm#102
(8) Section 179 is being raised to $125,000 in 2007
http://www.leasingnews.org/archives/June%202007/06-01-07.htm#179
(9) Sales makes it Happen---by Linda P. Kester
“Tips for your Vendor”
http://www.leasingnews.org/archives/May%202007/05-30-07.htm#sales
(10) Verifying Federal Tax Returns
http://www.leasingnews.org/archives/May%202007/05-30-07.htm#tax
[headlines]
--------------------------------------------------------------
Leasing Industry Help Wanted
Corporate and Commercial Leasing Specialist
|
Corporate and Commercial Leasing Specialist, Alabama
5 years experience sales and credit
Great opportunity.
Click here for more information.
|
|
|
Regional Sales Managers
|
Regional Sales Managers
To establish small ticket vendor programs in major metro areas. Excellent compensation/ benefit package. View job description. Send resumes to Zully.Fernandez@IrwinCF.com
Company Description:
Irwin Commercial Finance (NYSE: IFC) is a true direct lender and in the ever changing leasing environment, we bring stability, creativity and consistent customer service levels to our business.
|
www.IrwinCFequipment.com |
Sales-marketing
 |
Sales-marketing
Phoenix, Arizona or Virtual Office; 3 to 5 years of experience; high-end small ticket & Middle-Market vendor programs. Click here for more information.
Manufacturers' Lease Plans Inc. (MLPi) is the pioneer of short-term rental and operating lease financing, funding high technology equipment manufacturers since the 1960s. |
|
[headlines]
--------------------------------------------------------------
Leasing 102 by Mr. Terry Winders, CLP
Identification, Personal Property
What is business personal property and how do we identify it. To begin with, the federal income tax code defines it as anything that has a depreciable life of over one year, and is not real estate or inventory. There are two kinds of personal property, titled and untitled. Titled is mostly transportation equipment and untitled is everything else. For titled equipment the owner is registered on the title and to change ownership the title must be transferred and registered with the proper authority.
Personal property has no title so possession is 9/10ths of the law and all it takes to transfer ownership is a bill of sale and possession. Except, we have the Uniform Commercial Code requirement that allows us to place a lien or a notice in the State that the business has filed its charter papers if we, as Lessor’s, give our Lessee possession of the equipment. How many people do you think understand
UCC liens?
The problem is how to stop the sale of our equipment by the lessee when he gets into cash flow problems. The UCC gives us the right to retrieve our equipment from the purchaser, with out compensation, because the Lessee did not have the right to pass ownership on something they did not own. However, this assumes we know who took possession and then we must spend the legal dollars to have the right to repossess it.
One of the best methods to establish ownership on small easily disposed of equipment is the use of labels, stickers, or something that shows your ownership on the equipment. With modern glues it is easy to place stickers on equipment and helps prevent thoughts of disposal from all types of events. Occasionally large companies have so many pieces of equipment that they never know which is leased and which is owned so they just sell what is available. You get what ever is left at lease termination.
You may think that serial numbers help save you and many times they do on the base equipment but all the attachments and peripherals are interchangeable and usually you get the worst ones at lease termination. Plus, our equipment descriptions usually do a very poor job of identifying anything but the base unit. We forget to describe the color, use or dimensions of many of the parts and accessories that we lease.
Labels can be produced cheaply and in great quantities in a variety of different sizes and shapes. While it seems to be a large task to place them on all of the equipment, just think of it as good advertisement, because your name and number is always in the customers face. The best part is how it prevents equipment from disappearing and getting lost over the term.
Please do not forget inspections as an additional method to make sure the equipment is functional and complete. It also is an excellent sales call and it makes you look interested in your equipment and professional.
Mr. Terry Winders has been a teacher, consultant, expert witness for the leasing industry for thirty years and can be reached at leaseconsulting@msn.com or 502-327-8666.
He invites your questions and queries.
[headlines]
---------------------------------------------------------------
### Press Release ###########################
Westminster Savings Credit Union Acquires Mercado Capital Corporation
(One of Canada’s leading equipment leasing companies. editor)
NEW WESTMINSTER, BRITISH COLUMBIA-- - Westminster Savings Credit Union today announced that it has acquired Mercado Capital Corporation of Calgary, Alberta, one of Canada's leading equipment leasing companies. The acquisition strengthens Westminster Savings Credit Union's position in the growing Alberta leasing market and gives the credit union a market presence in Ontario.
"This transaction complements Westminster Savings Credit Union's existing automobile and equipment leasing business by expanding the range of financing products and services we can now offer small and mid-sized businesses," said Barry Forbes, President and CEO of Westminster Savings. "The credit union and Mercado are committed to working together to ensure the smooth integration of the two companies while delivering market leading solutions to businesses in western and central Canada."
"Joining Westminster Savings Credit Union gives Mercado the financial flexibility and additional expertise we need to pursue new markets and continue to grow our business in a very competitive environment," said Randy Smyth, President and CEO of Mercado Capital Corporation. "This arrangement presents new business opportunities for our staff and provides our clients with a wider variety of financing solutions to meet their needs."
Mercado Capital Corporation will retain its name and operate as a wholly owned subsidiary of Westminster Savings Credit Union.
Mercado Capital Corporation has been providing flexible leasing solutions for equipment acquisitions to small and mid-sized businesses across Canada since 1992. The company finances equipment and repairs for a diverse range of customers from owner operators to multi-outlet and fleet operations. Mercado has offices in Calgary and Toronto, 35 employees and administers 1400 leases.
Westminster Savings has been providing automobile and equipment lease financing for more than 15 years through its wholly owned subsidiary WS Leasing Ltd. The leasing company's 24 employees manage a lease portfolio of more than $175 million from offices in New Westminster and Calgary. WS Leasing Ltd. is one of BC's leading vehicle and equipment leasing companies.
Westminster Savings Credit Union has more than $1.5 billion in assets and provides a full range of banking and wealth management products and services. Its 375 employees serve more than 51,000 members through retail branches in suburban Vancouver.
[headlines]
### Press Release ###########################
Greystone Equipment Finance Corporation Continues
Expansion of Business Development Team
NEW YORK)--Greystone Equipment Finance Corporation, Inc. (Greystone EFC) is pleased to announce the addition of Bill Carroll and Jason Dugan to the company. Both of these professionals will be based in the Burlington, MA office.
Bill Carroll has joined as Finance Manager and is responsible for internal accounting and management of Greystone EFC's capital markets relationships. Prior to joining Greystone EFC he was President and Treasurer of Andover Capital Group, Inc. a wholly-owned subsidiary of Andover Bank. He has over 25 years of experience in the equipment finance and leasing business with extensive involvement as Managing Director of a bank -owned leasing company. He is a graduate of Boston College and the University of Wisconsin, School of National Association of Bank Auditors and Comptrollers.
Jason Durgin has joined the company as Business Development Manager and will both directly originate new business and manage Greystone EFC's growing inside sales team at its headquarters office in Burlington, MA. Prior to joining Greystone EFC, he was a Relationship Manager for USXL, managing its northeast technology franchise. He has 10 years experience in the leasing industry in a variety of sales management positions. He is a graduate of Salem State College with a degree in Business Management.
About Greystone Equipment Financing Corporation
Greystone Equipment Finance Corporation (Greystone EFC) is an affiliate of Greystone & Co., Inc, a financial services and private investment group which, together with its affiliated companies, owns or manages more than $12 billion of assets. Greystone EFC provides equipment financing to small, medium and Fortune 1000 companies across the United States, financing a broad range of equipment with purchase prices up to $2 Million and repayment terms from two to seven years. Headquartered in Burlington, MA, Greystone EFC originates its business through vendors and brokers located nationwide.
[headlines]
### Press Release ###########################
--------------------------------------------------------------
News Briefs---- Sale or merger seen as future for Sterling
----Patrick Burns, Lancaster Intelligencer Journal
http://local.lancasteronline.com/4/205043
Business opens wallets for equipment expansion with CIT Financial http://www.financialweek.com/apps/pbcs.dll/article?AID=/20070528/REG/70525016/1036
Margin Growth Should Drive GE for Years to Come - Barron's
http://biz.yahoo.com/seekingalpha/070603/37176_id.html?.v=1
[headlines]
---------------------------------------------------------------
You May have Missed--- Equifax chief taking his time
http://www.ajc.com/business/content/business/stories/2007/06/01/0601bizequifax.html
[headlines]
----------------------------------------------------------------
California Nuts Briefs--- Governor's boosting his big-spender credentials
http://www.signonsandiego.com/news/state/20070603-9999-1n3budget.html
[headlines]
----------------------------------------------------------------
“Gimme that Wine” Napa's Unusual Cork Harvest
Portugese cork strippers demonstrate their craft
http://winesandvines.com/head_may07_cork.html
Taint-Free Wine Corks Help Amorim Recoup Sales from Screw Caps
http://www.bloomberg.com/apps/news?pid=20601088&sid=aI3glj5aeWrk&refer=muse
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
The London International Vintners Exchange (Liv-ex) is an electronic exchange for fine wine.
http://www.liv-ex.com/
[headlines]
----------------------------------------------------------------
Calendar Events This Day Applesauce Cake Day
http://holidayinsights.com/moreholidays/June/applecakeday.htm
Finland: Flag Day
– Finland’s armed forces honor the June 4, 1867, birth anniversary of Carl Gustaf Mannerheim.
Ghana: Revolution Day
- National Holiday
Hug Your Cat Day
http://holidayinsights.com/moreholidays/June/hugyourcatday.htm
Old Maid's Day
http://holidayinsights.com/other/oldmaidday.htm
Tonga: Emancipation Day – National holiday.
Commemorates independence from Britain in 1970.
Saint Feast Days
http://www.catholic.org/saints/f_day/jun.php [headlines]
----------------------------------------------------------------
Americans spend more than $630 million a year on golf balls.
100 to 600 million golf balls produced each year
http://www.iis-servo.com/data/sec/bangingoutballs.pdf
http://glendalegolfs.com/?cat=1
http://www.mylogojet.com/bbs/user/usrclassview.html?id=7&bbscode=MLB_articles
One billion produced in the world
http://www.sponsorship.volvo.com/vma2004/newsdetail.asp?itemid=2924
[headlines]
----------------------------------------------------------------
Today's Top Event in History 1944--*DAVID, ALBERT LEROY Medal of Honor
Rank and organization: Lieutenant, Junior Grade, U.S. Navy. Born: 18 July 1902, Maryville, Mo. Accredited to: Missouri. Other Navy award: Navy Cross with gold star. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while attached to the U.S.S. Pillsbury during the capture of an enemy German submarine off French West Africa, 4 June 1944. Taking a vigorous part in the skillfully coordinated attack on the German U-505 which climaxed a prolonged search by the Task Group, Lt. (then Lt. j.g.) David boldly led a party from the Pillsbury in boarding the hostile submarine as it circled erratically at 5 or 6 knots on the surface. Fully aware that the U-boat might momentarily sink or be blown up by exploding demolition and scuttling charges, he braved the added danger of enemy gunfire to plunge through the conning tower hatch and, with his small party, exerted every effort to keep the ship afloat and to ass1st the succeeding and more fully equipped salvage parties in making the U-505 seaworthy for the long tow across the Atlantic to a U.S. port. By his valiant service during the first successful boarding and capture of an enemy man-o-war on the high seas by the U.S. Navy since 1815, Lt. David contributed materially to the effectiveness of our Battle of the Atlantic and upheld the highest traditions of the U.S. Naval Service.
*FLEMING, RICHARD E. Medal of Honor
Rank and organization: Captain, U.S. Marine Corps Reserve. Born: 2 November 1917, St. Paul, Minn. Appointed from: Minnesota. Citation: For extraordinary heroism and conspicuous intrepidity above and beyond the call of duty as Flight Officer, Marine Scout Bombing Squadron 241, during action against enemy Japanese forces in the battle of Midway on 4 and 5 June 1942. When his Squadron Commander was shot down during the initial attack upon an enemy aircraft carrier, Capt. Fleming led the remainder of the division with such fearless determination that he dived his own plane to the perilously low altitude of 400 feet before releasing his bomb. Although his craft was riddled by 179 hits in the blistering hail of fire that burst upon him from Japanese fighter guns and antiaircraft batteries, he pulled out with only 2 minor wounds inflicted upon himself. On the night of 4 June, when the squadron commander lost his way and became separated from the others, Capt. Fleming brought his own plane in for a safe landing at its base despite hazardous weather conditions and total darkness. The following day, after less than 4 hours' sleep, he led the second division of his squadron in a coordinated glide-bombing and dive-bombing assault upon a Japanese battleship. Undeterred by a fateful approach glide, during which his ship was struck and set afire, he grimly pressed home his attack to an altitude of 500 feet, released his bomb to score a near miss on the stern of his target, then crashed to the sea in flames. His dauntless perseverance and unyielding devotion to duty were in keeping with the highest traditions of the U.S. Naval Service.
[headlines]
----------------------------------------------------------------
This Day in American History 1648- Margaret or Margery Jones, of Charlestown was the first woman in Massachusetts to be executed for being a witch. Massachusetts Gov. John Winthrop's revealing diary indicated she dispensed herbs for healing and therefore was a witch. She was hung while protesting her innocence. Margaret Russell of Lexington, Massachusetts wrote and a member of the WiiN board wrote: "Margaret (variously Margery) Jones of Charleston, in what was then the Bay Colony, was the first woman (or person) in the new world tried and hanged explicitly for witchcraft, in 1648. "Winthrop further wrote:’ Her behavior at the trial was very intemperate, lying notoriously, and railing upon the jury and witnesses, etc. and in like distemper she died. The same day and hour she was executed there was a very great tempest at Connecticut, which blew down many trees, etc.' "
1738-birthday of King George III, the English king against whom the American Revolution was directed. Born at London, England, died Jan 29, 1820, at Windsor Castle, near London. The 1744-1748 period known as King George’s War included most of the European nations in a complicated series of alliances, mainly pitting England, Austria, and Germany against the French and Spanish nations, including a quest for colonial power.
1811-During a debate on the proposal to create a state from the Orleans Territory, which entered the Union as Louisiana on April 30, 1812, the first secession idea was mentioned in Congress. The debate concerned the extension of slavery to the proposed state. Representative Josiah Quincy of Massachusetts declared, “ I twill be the right of all and the duty of some (of the states) definitely to prepare for a separation; amicably, if they can; violently, if they must. “ Representative Poindexter of Mississippi called Quincy to order, as did the speaker of the House. On appeal, the speaker’s decision was reversed, and Quincy was sustained by a vote of 53 ayes to 56 nays on the point of order. As new states and territories were added, whether they were to be “free” or “slave”, created further division between the North and South congressional and senate representatives, as the issue was basically one of “free labor” and “ownership” of people not considered “citizens” and to many, “human beings.”
1812-- US House of Representatives votes war against Great Britain
79 to 49, three days after President James Madison called on Congress to declare war. President Madison had grown tired of watching the US's merchant ships and sailors take a beating at the hands of the British.
1849-The "Panama "arrived in San Francisco Bay. There were already about 200 deserted ships in the harbor because the crews had abandoned them for the gold fields. Dr. Stephen R. Harris arrived on the " Panama." He was later elected to the posts of mayor, controller and coroner. Also on board was Hall McAllister whom Gen. Riley would appoint as attorney for the San Francisco District in Sept. 1849.
1849--Eighteen men from the "U.S.S. Ohio" deserted to go to the gold diggings.
1860 - Iowa's "Commanche Tornado", with wind speeds estimated in excess of 300 mph, was unquestionably one of the worst experienced by early settlers, with nearly a million dollars damage.
1873-birthday of Constance Mary Katherine Applebee, physical educator born at Chigwall, Essex, England. While taking a summer course at Harvard in 1901, Applebee introduced field hockey to her classmates. Soon thereafter, she taught the game to students at Vassar and began teaching seminars and clinics to spread the game throughout the US. Died Jan 26, 1981. http://www.women.eb.com/women/articles/Applebee_Constance_MK.html
1862 - President Lincoln, with Secretaries Stanton and Chase on board, proceeded to Hampton Roads on steamer Miami to personally direct the stalled Peninsular Campaign. The following day, Lincoln informed Flag Officer L. M. Goldsborough: "I shall be found either at General Wool's [Fort Monroe] or on board the Miami." The President directed gunboat operations in the James River and the bombardment of Sewell's Point by the blockading squadron in the five days he acted as Commander-in-Chief in the field.
1876-A mere 83 hours after leaving New York City, the Transcontinental Express train arrives in San Francisco. That any human being could travel across the entire nation in less than four days was inconceivable to previous generations of Americans. During the early 19th century, when Thomas Jefferson first dreamed of an American nation stretching from "sea to shining sea," it took the president 10 days to travel the 360 km from Monticello to Philadelphia via carriage. Even with frequent changing of horses, the 100-mile journey from New York to Philadelphia demanded two days hard travel in a light stagecoach. At such speeds, the coasts of the continent-wide American nation were months apart. How could such a vast country ever hope to remain united? As early as 1802, Jefferson had some glimmer of an answer. "The introduction of so powerful an agent as steam," he predicted, "[to a carriage on wheels] will make a great change in the situation of man."
1886-Grover Cleveland, noted in yesterday’s Day in American History, marries Francis Folsom, becoming the first president to get married in the White House lower part of : http://memory.loc.gov/ammem/today/jun02.html
1892--The Sierra Club was incorporated in San Francisco, California.
1894-Famous Quebec singer and songwriter La Bolduc was born in Newport, Quebec. Her songs, mirroring Quebec life in the 1920's and '30s, had great influence on later French-language singers in the province. In the late '20's, her recordings of "La Cuisiniere" and "La Servante," sold 12,000 copies, a success unequalled in Quebec up to that time. La Bolduc died in 1941.
1896 - At approximately 1:30 a.m., Henry Ford test-drove his Quadricycle, the first automobile he ever designed or drove. Ford was working at the Edison Illuminating Company in Detroit at the time that he began building the Quadricycle. He had reportedly seen an article on the gasoline engine in American Machinist while in the company of friend and fellow engineer, Charles King.
1908-Birthday of Rosalind Russell - one of the great comedic actors of U.S. stage and screen who also portrayed - just as perfectly - sophisticated career women. She was nominated for four Academy Awards but never won. She did, however, receive the Jean Hersholt Humanitarian Award from the Academy in 1972. She is probably best known because of the late, late showings on TV for her work in Auntie Mame (1958) and Gypsy (1962) although her earlier role in The Women was perhaps her most riveting. Her mother was Clara McKnight, editor of Vogue magazine.
1911--Gold is discovered in Alaska's Indian Creek.
1913—Robert Runyon photographs Constitutionalist armies as well as the major military figures in Matamoros, part of the Mexican revolution involving raids
into the United States.
http://runyon.lib.utexas.edu/conflict.html
1917-the First Pulitzer Prizes were awarded: biography, Julia Ward Howe by Laura E. Richards and Maude H. Elliott assisted by Florence H. Hall; history, “ With Americans of Past and Present Days by Jean Jules Jusserand, the French ambassador to the US. Herbert Bayard Swope of the New York World won the $500 prize for his stories on the internal situation in the German empire.
1919-Birthday of opera singer Robert Merrill.
1924-Native American Indians were granted citizenship and the right to vote by Congress.
http://memory.loc.gov/ammem/today/jun02.html
1927-A team of American professional golfers beat a team of British professional golfers to win the first Ryder Cup competition, 9 ½ to 2 ½. The Ryder Cup was presented by British businessman Samuel Ryder. The first biennial competition was held at Worcester County Club, MA. Virginia this day. It was the first such craft wholly designed and built to carry and launch aircraft. The first captain was Arthur Leroy Bristol.
1928-Trumpter player/band leader Maynard Ferguson birthday
http://maynard.ferguson.net/
1928 --Birthday of Dr. Ruth Westheimer - U.S. TV's Dr. Ruth, sex expert.
http://www.wic.org/bio/westheim.htm
http://www.ivillage.com/relationships/experts/drruth
1932-birthday of vocalist Morgana King, Pleasantville, NY http://www.artistdirect.com/music/artist/bio/0,,453489,00.html?artist=Morgana+King
1932-birthday of arranger/tenor sax player Oliver Nelson, St. Louis, MO , died October http://page.freett.com/basiemusic/oliver-nelson.html 27, 1975. http://www.sierramusic.com/nelson2000.htm
http://www.jazzpages.com/KarlheinzKlueter/klue_nelson.htm
1934 - Tommy and Jimmy of The Dorsey Brothers recorded "Annie’s Aunt Fanny" on the Brunswick label. The track featured trombonist Glenn Miller, who also sang on the track.
1934-the firsts US aircraft carrier, the Ranger, was placed in service in Norfolk, VA. The first captain was Arthur Leroy Bristol.
http://www.navsource.org/archives/02/04.htm
http://www.ussrangercv61.org/
1937-birthday of vocalist Freddy Fender ( Baldemar G. Huerta,Sr.), San Benito, TX
http://www.freddyfender.com/
1939 - During what became known as the "Voyage of the Damned," the SS St. Louis, carrying more than 900 Jewish refugees from Germany, was turned away from the Florida coast. Also denied permission to dock in Cuba, the ship eventually returned to Europe. The passengers were divided among England, France, Belgium and Holland and a number of the refugees later died in Nazi concentration camps. By 2003 efforts to track their fates identified 935 out of the 937 passengers. Some 260 ended in Nazi killing centers.
1940-Duke Ellington Orchestra records “ Cotton Tail,” “Don’t Get Around Much Anymore” for Victor.
1940 -- Carson McCullers, 23, publishes The Heart Is a Lonely Hunter to great critical acclaim.
http://www.kirjasto.sci.fi/carsonmc.htm
1940--Birthday of Dorothy Rudd Moore - U.S. composer, poet, singer,born in New Castle, Delaware. She graduated magna cum laude from Howard University, where she earned a B.A. in music theory and composition, studying with Mark Fax. She was the recipient of a Lucy Moten Fellowship for study with Nadia Boulanger at the American Conservatory in France in 1963, and continued composition studies with Chou Wen-Chung in New York in 1965. She taught at the Harlem School of the Arts, New York University, and Bronx Community College, and and was one of the founders of the Society of Black Composers. Her opera, Frederick Douglass, was performed in 1985 by Opera Ebony at the City College of New York. Rudd Moore has received commissions from Meet the Composer, the American Music Center, and the New York State Council on the Arts. Three Pieces for Violin and Piano displays a spare and dissonant harmonic language featuring quartal and tritone harmonies.
1942- June 4-6, the Battle of Midway. A Japanese task force attempted to capture Midway Island in the Central Pacific. American bombers from Midway and from two nearby aircraft carriers sent the Japanese into retreat. This is considered by many the turning point of the war not only for morale but this important victory over the Japanese was quite militarily significant. Americans repulsed an attempt to seize the island, sinking 17 Japanese ships, including four aircraft carriers, two large cruisers and four destroyers. Japan also lost 250 planes and 4800 men. The U.S. lost over 300 men and two ships, including the carrier Yorktown. Japan never regained its margin in carrier strength and the Central Pacific was made safe for American troops.
http://www.history.navy.mil/photos/events/wwii-pac/midway/midway.htm http://www.burtonia.com/ww2/kleiss/
http://www.amazon.com/exec/obidos/ASIN/0792299914/inktomi-dvdasin-20/
104-3603723-3237564
1942-*FLEMING, RICHARD E. Medal of Honor
Rank and organization: Captain, U.S. Marine Corps Reserve. Born: 2 November 1917, St. Paul, Minn. Appointed from: Minnesota. Citation: For extraordinary heroism and conspicuous intrepidity above and beyond the call of duty as Flight Officer, Marine Scout Bombing Squadron 241, during action against enemy Japanese forces in the battle of Midway on 4 and 5 June 1942. When his Squadron Commander was shot down during the initial attack upon an enemy aircraft carrier, Capt. Fleming led the remainder of the division with such fearless determination that he dived his own plane to the perilously low altitude of 400 feet before releasing his bomb. Although his craft was riddled by 179 hits in the blistering hail of fire that burst upon him from Japanese fighter guns and antiaircraft batteries, he pulled out with only 2 minor wounds inflicted upon himself. On the night of 4 June, when the squadron commander lost his way and became separated from the others, Capt. Fleming brought his own plane in for a safe landing at its base despite hazardous weather conditions and total darkness. The following day, after less than 4 hours' sleep, he led the second division of his squadron in a coordinated glide-bombing and dive-bombing assault upon a Japanese battleship. Undeterred by a fateful approach glide, during which his ship was struck and set afire, he grimly pressed home his attack to an altitude of 500 feet, released his bomb to score a near miss on the stern of his target, then crashed to the sea in flames. His dauntless perseverance and unyielding devotion to duty were in keeping with the highest traditions of the U.S. Naval Service.
1942 - Glenn Wallichs did "promotions" for Capitol Records in Hollywood. He theorized that if he sent copies of Capitol’s new records to influential radio announcers around the United state, he might be able to get the stations to play the records. Soon the practice would become common for most record labels.
1944--*DAVID, ALBERT LEROY Medal of Honor
Rank and organization: Lieutenant, Junior Grade, U.S. Navy. Born: 18 July 1902, Maryville, Mo. Accredited to: Missouri. Other Navy award: Navy Cross with gold star. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while attached to the U.S.S. Pillsbury during the capture of an enemy German submarine off French West Africa, 4 June 1944. Taking a vigorous part in the skillfully coordinated attack on the German U-505 which climaxed a prolonged search by the Task Group, Lt. (then Lt. j.g.) David boldly led a party from the Pillsbury in boarding the hostile submarine as it circled erratically at 5 or 6 knots on the surface. Fully aware that the U-boat might momentarily sink or be blown up by exploding demolition and scuttling charges, he braved the added danger of enemy gunfire to plunge through the conning tower hatch and, with his small party, exerted every effort to keep the ship afloat and to ass1st the succeeding and more fully equipped salvage parties in making the U-505 seaworthy for the long tow across the Atlantic to a U.S. port. By his valiant service during the first successful boarding and capture of an enemy man-o-war on the high seas by the U.S. Navy since 1815, Lt. David contributed materially to the effectiveness of our Battle of the Atlantic and upheld the highest traditions of the U.S. Naval Service.
1945- Birthday of Gordon Waller, one half of the 1960's British folk singing duo of Peter and Gordon, was born in Braemar, Scotland. Peter and Gordon had a softer sound than most of the British groups of the period. They first hit the North American charts in 1964 with "World Without Love," written by Paul McCartney. They had a string of hit singles during the next several years, the biggest of which was 1945 - Michelle Phillips (Holly Michelle Gilliam) of the Mamas and the Papas is born in Long Beach, Calif. The group's biggest hit is the million-selling No. 1 song ``Monday, Monday.'' Phillips later acts in the TV show ``Knots Landing.''
1951-Mississippi Valley State University founded.
http://www.mvsu.edu
1953 - An atomic bomb test explosion took place at Yucca Flats, Nevada, equivalent to 50,000 tons of TNT. This was double the 1945 blast over Hiroshima.
1955----Top Hits
Cherry Pink and Apple Blossom White - Perez Prado
A Blossom Fell - Nat King Cole
Rock Around the Clock - Bill Haley & His Comets
In the Jailhouse Now - Webb Pierce
1956- Elvis Presley makes a second appearance on the Milton Berle Show. He's presented with two Billboard Triple Crown awards for "Heartbreak Hotel". It was number one on the pop, R&B and Country & Western charts.
1958 - No. 1 Billboard Pop Hit: ``The Purple People Eater,'' Sheb Wooley. Wooley plays Peter Nolan on the TV series ``Rawhide.'' He also records comic recordings under the name Ben Colder and writes the ``Hee Haw'' theme song.
1962 -- William Faulkner's last novel, The Reivers, is published.
http://www.mcsr.olemiss.edu/~egjbp/faulkner/faulkner.html
1967- "The Monkees" TV show won an Emmy award for outstanding comedy series.
1963-The Searchers released their debut single. It was a cover of the Drifters' hit, "Sweets For My Sweet."
1963----Top Hits
It’s My Party - Lesley Gore
I Love You Because - Al Martino
Da Doo Ron Ron - The Crystals
Lonesome 7-7203 - Hawkshaw Hawkins
1964 - Sandy Koufax of the Los Angeles Dodgers tied Bob Feller’s 1951 record by pitching a third career no-hit baseball game. The Dodgers won 3-0 against the Philadelphia Phillies 3-0. Koufax struck out twelve Phillies’ batters with his team catching the rest for the outs.
1967-Bill Cosby, first black in a major television role, receives an Emmy Award for “I Spy.”
http://www.videoflicks.com/Contrib/1003/1003372.htm
1968 --San Francisco voters defeated a $5.7 million measure to acquire the Cliff House and Sutro Baths for a park. Ballot counting came to a standstill at City Hall when the assassination of Robert F. Kennedy at the Ambassador Hotel in Los Angeles was broadcast live on television.
1971----Top Hits
Brown Sugar - The Rolling Stones
Want Ads - The Honey Cone
It Don’t Come Easy - Ringo Starr
I Won’t Mention It Again - Ray Price
1972-Angela Davis, black activist and professor, was found not guilty by an all-white jury of murder, kidnapping and conspiracy charges resulting from the August 7, 1970, fatal shooting of Judge Harold Haley in Marin County during an attempted escape and kidnapping. While Davis was not present at the crime, the murder weapon had been purchased by her and she knew the perpetrators, and had visited them often in jail. Based upon these facts, she was arrested and charged. During her trial she told the court she bought guns to protect herself, “For a black person growing up in violence-filled Alabama,” she said,” guns were a normal way of life.” I interviewed her as a newsman many times. The prosecutors could not prove that she planned or participated. She was very articulate and convincing, and all law enforcement knew she was involved, but could not prove it. http://webpages.marshall.edu/~lockhart1/angeladavis.html
1974-the game between the Texas Rangers and the Indians at Cleveland’s Municipal Stadium was forfeited to Texas when the Indians tied the score, 5-5, in the bottom of the ninth inning. Umpire Nestor Chylak awarded the game to Texas when carousing fans, enlivened by an evening of ten cent bears, gout out of hand. An estimated 60,000 cups of brew is sold to a crowd of 25,134.
1977-Supertramp's "Give A Little Bit" is released.
1979----Top Hits
Hot Stuff - Donna Summer
Love You Inside Out - Bee Gees
We are Family - Sister Sledge
If I Said You Had a Beautiful Body Would You Hold It Against Me - Bellamy Brothers
1980-The first Jewish woman to graduate from West Point was Cadet Donna Maller of Cockeysville, MD, one of 13 Jewish cadets who were graduated and commissioned on June 4, 1980, in a class of 831 men and 63 women.
1982 - A four day storm began over New England which produced up to 14 inches of rain in southern Connecticut breaching twenty-three dams and breaking two others. Damage was estimated at more than 276 million dollars.
1983-Mike Ashman of the Albany-Colonie Athletics, a minor league team, became the first player in professional baseball history to play all 10 positions in a ball game. Ashman pitched, caught, played all infield and outfield positions and served as the team’s designated hitter.
1983- Steve Nicks releases "Stand Back."
1984-Bruce Springsteen releases his "Born In The U.S.A." LP. The album tops the chart for 7 weeks and spawns 7 top-10 singles.
1986- the first of six Amnesty International shows was held in San Francisco. A crowd of 14,000 turned out to hear Bryan Adams, Sting, U2 and Peter Gabriel.
1987-The longest winning streak in track and field history came to an end as Danny Harris defeated Edwin Moses in the 400-meter hurdles at a meet in Madrid. Moses, who had won 122 races in a row dating back to August 26, 1977, finished .13 seconds behind.
1987----Top Hits
With or Without You - U2
You Keep Me Hangin’ On - Kim Wilde
Always - Atlantic Starr
It Takes a Little Rain (To Make Love Grow) - The Oak Ridge Boys
1988 - A dozen cities in the eastern U.S. reported record low temperatures for the date, including Atlantic City NJ with a reading of 40 degrees. Fifteen cities in the north central U.S. reported record high temperatures for the date, including Glasgow MT and Havre MT with readings of 102 degrees.
1992- The "young Elvis" stamp beats out the bloated "Vegas Elvis" stamp in a contest conducted by the U.S. Postal Service. More than a million votes are tallied
1996-Pamela Davis, a 21 year-old right-hander pitched one inning of scoreless relief for the Jacksonville Suns and got credit for the win in a exhibition game against the Australian Olympic team. The Suns, a Class AA affiliate of the Detroit Tigers, thus became the first minor league team, under the current structure of minor league baseball. to employ a female player to is roster.
1996-A a show by Metallica in the parking lot of Tower Records in right here in San Jose, California drew 10,000 fans. The resulting traffic jam and overworked police officers left the record store, the promoter and the band's record company facing charges of disturbing the peace, obstructing traffic and failure to get a permit.
1998-- By selling out all four-million shares of common stock sold at $15 each, the Indians raised $60 million making the Indians the first publicly traded major league team.
1998 - Ray Charles celebrates his 50th year in the music industry by performing with an all-star reunion band at the 15th annual Chicago Blues Festival in Grant Park. He is joined by David "Fathead" Newman, Hank Crawford, and Leroy "Hog" Cooper on saxes and Philip Guilbeau on trumpet. Mabel John, a former Raelett performs guest vocals.
2001-- After falling behind 3-0, Little League Robert Knight pitcher strikes out the final batter to complete a perfect game in which all 18 batters are struck out. The 5-foot-3 twelve-year old also had three hits as the Tigers beat the Giants, 7-0.
2003--- Although his bat may have contained cork in yesterday's game, all five of Sammy Sosa's historic bats housed at the Hall of Fame and the76 of confiscated from his locker by major league baseball revealed no signs of tampering. X-rays and CT scans were used to clear cleared Cubs' slugger remaining lumber.
2004 --Both Barry Bonds (675) and Rafael Palmeiro (536 and 537, to pass Mickey Mantle) both homer marking only the third time in baseball history that two players with more than 500 home runs go deep in the same game. Willie Mays and Ernie Banks (1970) and Mays again with Hank Aaron were the first pairs to accomplish the feat (1971).
[headlines]
--------------------------------------------------------------
Baseball Poem
Sign Near Bleachers Entrance
To
discriminate
against a
player based
soley on
the color
of his
uniform
is highly
recommended
Written by Dan Zamudio, published in his book
“Catcher in the Wry” Baseball Poems
Published by McFarland & Company |
[headlines]
--------------------------------------------------------------
SuDoku
The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?
http://leasingnews.org/Soduku/soduko-main.htm
[headlines]
--------------------------------------------------------------
Daily Puzzle How to play:
http://www.setgame.com/set/puzzle_frame.htm
Refresh for current date:
http://www.setgame.com/set/puzzle_frame.htm
--------------------------------
[headlines]
|
| 
