Send Leasing News to a friend
Leasing News
Independent Un-biased and Fair News about the Leasing Industry
Leasing News
Leasing News Archives
Leasing News Job Postings and Classifieds
Contact Leasing News
Leasing News Sitemap
Leasing News List
Search Leasing News
Leasing News
Leasing News

Accounting: PricewaterhouseCoopers seeks executives with experience in equipment leasing to help clients improve their leasing businesses by assessing "as is" conditions and designing and implementing solutions to operational issues.  PwC also seeks CPA's with a broad based knowledge of FAS13 and familiarity with accounting for leases with simple and complex transaction structures.

About the Company: PricewaterhouseCoopers, New York, NY.







Classified Ads---Outsourcing

    Trucker protest spreads to California depots, interstates and ports

        From the Archives—May 5,2000---Kropschot Opens Shop Again

            "California Lender License Roundtable”  May 11th, Answers Equipment Leasing Questions 

    NACM:  The Economy Continues to Grow




########  surrounding the article denotes it is a "press release”




Classified Ads---Outsourcing



Collector: Near Boston, MA

My name is John Kenny. I have 14 years experience in leasing collections. I currently offer outsourced services to clients nationwide on a contractual, contingency basis. E-


Collector: Los Angeles, Ca.

Expert skiptracers covering Southern California. We locate skips, judgment debtors and collateral. When you can't get the job done in house, give us a call at 1-800-778- 0794. E-mail:


Collector: Fountain Valley, CA

Commercial Collector with a track record of collecting lost leasing deposits and advance payments on un-funded deals. If you have been burned, we are the ones to call. 1-888- 278-0658 ext. 233. E-


Collector: Louisville, KY.

We are a full service collection agency with attorney network. 21 years experience. Please call Jon Floyd, VP at 1-800-264-6850



Collector: Saint Louis, Mo.

Complete commercial collection agency. Licensed bonded in all states and will out performed any other agency! Call 1-800-659- 7199 ext.315



Collections - repossessions: Tampa, FL.

IRTC Continencies: Commercial Collections- Skip Trace- Repossessions-judgment served- Investigations- Asset Re-marketing& No Cost Warehousing East Coast USA. Call 813-467- 4324 ask for Robert or E-mail to


Consultant: Sausalito, CA

Lease trainer and consultant. 38 years in equipment leasing. Expert in transaction analysis, financial statement analysis, credit, packaging, structuring. Presents highly popular classes and workshops.



Trainer: Atlanta, GA

Able to provide training to dealers on financial merchandising as well as provide asset management service E-


Vendor Sales Training: Atlanta, GA. 6yrs training Re-sellers, Dealers & Vendors on how to "Sell Leasing". Will train your dealers on your specific program or generic "Leasing 101". E-


Syndicator: Overland Park, KS.

Top Syndicator from single deal to portfolios. 20+ yrs exp. Available for contract work or full time position. Nationwide contacts.



  full list of all Outsourcing ads:





Trucker protest spreads to California depots, interstates and ports


  by Dick Larsen, senior editor


  (Landline Magazine—

    The official publication of the owner-operator Independent Drivers Association)


California's soaring diesel prices spurred a flurry of protests at rail depots earlier this week and along portions of I-5 - by week's end, protesting truckers had abandoned rigs on the northbound lanes east of downtown Los Angeles.


(Leasing News has heard from readers who state trucks have been "abandoned” at

intersections, such as on Sepulveda Boulevard in Sherman Oaks, protesting the

cost of diesel fuel.  Local television stations interview the drivers who say more

than half,  and some 2/3rds, of the income is going toward fuel. Leasing Companies

are reporting more slowness with California owner-operator.  Kit Menkin. Leasing

News Editor)


CHP Officer Spencer Amons told Land Line I-5 is now open to all traffic - about six trucks were cleared and fewer than 10 truckers were arrested.


Amons also reported a slowdown of traffic on southbound Interstate 110, "but when we arrived, things got back to normal."


He said a group of truckers is heading toward a rally at a park in Wilmington, CA near the Pacific Coast Highway, which is close to Long Beach.


Meanwhile, officials within the shipping industry said the truckers are preparing for some kind of action April 30 at the ports of Oakland, Los Angeles and Long Beach, according to news accounts.


While it remains unclear how many truckers would participate or what they would do during a protest, fliers are being circulated around the docks urging truckers not to work.


The protest began in Central California April 27 as hundreds of drivers refused to take containers from a railroad depot in Lathrop. The truckers also protested at freight terminals operated by the Union Pacific and Burlington Northern Sante Fe railroads in and near Stockton, CA, The Sacramento Bee said.


The truckers don't blame ports or railroad companies.


They are, however, upset at shipping and trucking companies that rely on the railroads and ports to make a profit. Truckers say the profits they make hauling containers have been reduced because of the higher fuel prices. Truckers are usually paid for every container they haul, but that price has not risen to match the increased fuel costs.


Among the stated demands are a 30 percent increase in the fees paid per container a trucker hauls and a sliding fuel surcharge rate based upon the price of fuel.


Effect on shipping


While the initial protest largely focused on railroad distribution centers in the Central Valley, its ripple effect has caused pinched operations for shippers in other regions and for companies relying on deliveries.


"Basically, all our products come out of Georgia, and they are now stuck in Lathrop," said Dorothy Stein, an assistant at John Towns and Associates, who spoke to the Alameda Times-Star. The company ships erosion control blankets and other soil stabilization and paving products. "People expected deliveries and never received them. It has just been that sort of day."


Jeff Bromley, a Union Pacific Railroad spokesman who also spoke to the newspaper, said the company has seen a 95 percent decline in cargo movement since the protest began at its Lathrop Distribution Center.


The center usually moves about 1,000 containers to and from its center, but on April 27-28, it moved about 250 per day, he said.


The crux of the protest


The truckers have focused on the fuel surcharge, saying carriers are keeping 70 percent of it. The surcharge drivers do receive is based on the national average, not the California price, which is typically the highest in the nation each week.


But truckers also noted their tight financial situation - including low freight rates, and the lack of health and other insurance benefits.


Meanwhile, the truckers taking part in the protest are not alone. OOIDA and Land Line have heard from several other truckers who have parked their rigs due to high fuel prices.


"Virtually every trucker is significantly impacted by the run up in fuel costs and the possibility that costs may keep climbing," Todd Spencer, executive vice president of OOIDA, said. "As of April 30, the national average price of diesel fuel was $1.74 and in California, the average price was $2.26."


See pictures of the shutdown at this website:;s=1;p=traffic;d


by Dick Larsen, senior editor





New York. One of the largest ind. equip.lessors needs  motivated, self-starter to purchase single investor leases from institutional investors; min.transaction  $1 million; portfolio of primarily investment grade lessees/good "story credits". 
Min 3 yrs exp. sourcing/ originating leasing transactions, knowledge credit and pricing.




 From the Archives—May 5,2000---Kropschot Opens Shop Again




Bruce Kropschot announced today that he has re-established Kropschot Financial Services, which he founded in 1986 as a merger and acquisition advisory firm for the equipment leasing and financing industry. Mr. Kropschot left the firm in late 1997 to become Vice Chairman - Mergers and Acquisitions of UniCapital Corporation, which he helped acquire 17 equipment casing businesses. and go public in May 1998 in the largest roll-up initial public offering ever Effective April 1.2000, Mr. Kropschot retired from UniCapital Corporation, where he was also President of UniCapital Business Credit Group.


Under Mr. lKropschot's leadership. Kropschot Financial Services arranged over 125 acquisitions of equipment leasing and specialty finance businesses from 1986 through 1997 and was ranked as the leading provider of merger and acquisition advisory services in this sector, Mr. Kropschot stated, "I am pleased to be devoting again all of my attention to M&A activities. There is a need for an advisory firm that understands the opportunities and the challenges unique to the equipment leasing market. When representing owners in the sale of their businesses. Kropschot Financial Services will riot only be looking to maximize the sale price but also to find a buyer under whom the business and its employees can achieve their potential. When representing acquisition searches for buyers, we will utilize our vast knowledge of the leasing industry and its many participants to locate those companies that best fit the defined acquisition parameters. Ihe firm will also arrange financing for equipment leasAng and specialty finance companies and perform business valuations. Mr. Kropschot indicated that Kropschot Financial Services would soon be making an announcement regaining other key executives who will be joining the firm.


Bruce Kropschot has been in the equipment leasing industry for nearly 30 years. Prior to founding Kropschot Financial Services, he was Executive VP of HBE Leasing Corporation and President and an owner of Master Lease Corporation (now known as De Lage Landen Financial Services). He is a CPA and holds BBA and MBA degrees in accounting and finance from the University of Michigan. He has served on the Board of Directors of the Equipment Leasing Association of America, United Association of Equipment Leasing and Eastern Association of Equipment Lessors and is a founding member of Intemational Merger & Acquisition Professionals, an organization of leading M&A intermediaries located throughout North America and Europe Mr. Kropschot can be reached in his Stuart, FL. office at 561-225-8800 or through e-mail at




**** Announcement ****************************************


"California Lender License Roundtable”  May 11th


When:        Tuesday, May 11th, 2004 @ 2:00 PM


Where: Citi Bank Commercial Building

                      15233 Ventura Blvd (at Sepulveda)

                      Sherman Oaks, CA 91403

                        **UAEL Reserved a Conference.  Please ask the Lobby Attendant to

                           direct you to Conference Room.  (818)-528-7596


Event:  California Lender License

Presented by, Stephen E. Jenkins, Esq.

Hemar, Rousso & Heald, LLP.


"Do you need a CA Lender and/or Broker License?”

”How do you obtain a CA Lender and/or Broker License?”

”What is required after you have a CA Lender and/or Broker License?”


Cost:  There is no charge to UAEL Members.

                    $10.00 Fee Non UAEL Members


Please Reserve your ticket via email at:


Event Hosted by UAEL Southern California Regional Committee



**** Announcement ******************************************



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



New Web Site,, Answers Questions About Equipment Leasing Conservation of Capital as Main Reason Small Businesses Lease, According to Survey


Arlington, VA——The Equipment Leasing Association (ELA) today announces the launch of a new educational Web site for businesses seeking information on equipment leasing. Located at, the site was developed in response to recent market research that shows businesses are using leasing more as a strategic financing option and not just as a hedge against obsolescence. The Choose Leasing Web site, in response to these shifts, includes more analysis of leasing versus purchasing equipment and includes more in-depth information on how leasing’s benefits apply to a business scenario.


"Business leaders have always known that choosing a mix of financing options for acquiring equipment is important,” said ELA President Michael Fleming. "We now find the reasons for choosing leasing, however, have evolved. Historically, avoiding obsolescence was a main reason to lease. While the high tech markets continue to report that avoiding obsolescence is a major factor, now we are seeing more businesses also taking advantage of leasing’s flexibility and contribution to cash flow management.”


Several ELA-sponsored research projects underscore this premise, including a recent Entrepreneur magazine—ELA joint survey of small businesses. In that survey, almost 36 percent said the conservation of capital was the main reason to lease and just over 26 percent of the 285 respondents cited the flexibility of lease financing. Just under 18 percent cited avoiding obsolescence as the main factor for leasing.


Results of the survey also show that just under 73 percent of small businesses report they will increase equipment spending this year. Nearly one third of survey respondents said they use leasing as a financing option now and one third expect to use leasing in the near future.


"Regardless of their reasons, equipment leasing continues to be a mainstay of equipment acquisition, particularly for smaller businesses,” said Fleming. "The economic upturn is creating the need for new equipment. Businesses can use the information on the Choose Leasing site to help make their financing decisions.”


The Choose Leasing site also contains a directory of equipment leasing companies, a list of kinds of equipment that can be leased, case studies, the 10 questions to ask before signing a lease, and a glossary of terms.


More than 80 percent of U.S. businesses lease some or all of their equipment. Leasing is particularly well suited to the needs of small businesses and start-ups for a number of reasons, among them that set lease payments provide them with financial certainty in the face of changes in interest rates, inflation and business volume. Virtually every U.S. industry leases and finances a broad range of equipment, ranging from computer laptops to jumbo jets.


About the Equipment Leasing Association


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.


 ELA provides its members with comprehensive services, assists in the resolution of industry issues, educates financial decision-makers on the benefits of leasing and promotes high standards of business practices within the industry. ELA has more than 800 member companies and a staff of 25 professionals. For more information on ELA, please visit ELA Online at


About Entrepreneur Media Inc.


Entrepreneur Media Inc. is an organization of people dedicated to empowering entrepreneurs worldwide to start and grow successful companies.  To provide entrepreneurs with the relevant information they need to make informed decisions, Entrepreneur Media Inc. offers a full range of products and services.  Products include: Magazines – Entrepreneur, Entrepreneur’s Be Your Own Boss, Entrepreneur China, Entrepreneur Japan, Entrepreneur Mexico and Entrepreneur Philippines; Web sites –,, and; Book Publishing – Entrepreneur Press, The Oasis Press, Entrepreneur’s eBooks and Business Start-Up Guides; also – Conferences, Custom Publishing and Card Decks.



Diane Johnson

On Behalf of the Equipment Leasing Association

Special Consultant to Four Leaf Public Relations LLC

703-391-2056 - direct line

703-203-7746 - mobile



CONTACT:Amy J. Holmes, CAE

Equipment Leasing Association

Phone Number: 703-516-8367





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


NACM Credit Manager's Index (CMI) for April 2004: The Economy Continues to Grow.


COLUMBIA, MD: --The National Association of Credit Management (NACM) has released its Credit Manager's Index (CMI) for April 2004. The CMI, a monthly survey of the business economy from the standpoint of credit and collections, was launched in January 2003 to provide financial analysts with another strong economic indicator.


The economy continues to grow! Gains registered in March continued through April, albeit at a slower rate. The combined CMI picked up 210 basis points, whereas the manufacturing and service sectors rose 160 and 250 points, respectively. These are all record highs for these indices since the inception of the CMI in February 2002.


The CMI survey asks credit managers to rate favorable and unfavorable factors in their monthly business cycle. Favorable factors include sales, new credit applications, dollar collections and amount of credit extended. Unfavorable factors include rejections of credit applications, accounts placed for collections, dollar amounts of receivables beyond terms and filings for bankruptcies.


A complete index including results from the manufacturing and service sectors, along with the methodology, is attached. To view the complete index online, go to




The National Association of Credit Management (NACM), headquartered in Columbia, Maryland supports more than 25,000 business credit and financial professionals worldwide with premier industry services, tools and information. NACM and its network of Affiliated Associations are the leading resource for credit and financial management information and education, delivering products and services which improve the management of business credit and accounts receivable. NACM's collective voice has influenced legislative results concerning commercial business and trade credit to our nation's policy makers for more than 100 years, and continues to play an active part in legislative issues pertaining to business credit and corporate bankruptcy.


Contact: Norma Heim, NACM



NACM's Annual Credit Congress takes place May 16-19 in Phoenix, Arizona this year.



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



Willis Lease Finance Reports First Quarter Profits up 15%



SAUSALITO, Calif.----Willis Lease Finance Corporation (NASDAQ:WLFC), a leading lessor of commercial jet engines, today reported net income rose 15% in the first quarter of 2004 compared to the same period a year ago. For the first quarter, net income was $969,000, or $0.11 per diluted share, compared to $842,000, or $0.09 per diluted share, for the first quarter of 2003. First quarter lease revenue increased 5% to $14.8 million from $14.0 million in the first quarter a year ago. 


   Current Market 


   "We had net income of nearly $1.0 million in the first quarter of 2004, and I think we are off to a good start for the year. Both our operating environment and industry conditions have improved considerably since last year at this time," said Charles F. Willis, President and CEO. "It is hard to believe that only one year ago our industry was dealing with the effects of SARS, the war in Iraq and a handful of airline bankruptcies -- and all the uncertainty that accompanied these events. Uncertainty has clearly been reduced since then -- which is great for our customers. There is a lot of activity in the market. The pent-up demand from deferred overhauls and improving traffic is generating strong demand for leased engines from both airlines and maintenance, repair and overhaul providers (MRO's), in sharp contrast to the depressed market of a year ago. Customers are making longer commitments and lease rates for most engine types are rising. I like what I see out there.


   "Another major improvement in our environment is that the aviation industry appears to be attracting renewed attention of the investment community, including commercial banks. Interest in aviation investment opportunities seems to be greater today than at any time in the last several years," Willis commented. "Over the last 6-9 months, very large private equity investments have been made in MRO's, airlines and aircraft leasing companies around the world. This is a big change, which we hope will create opportunities to improve our capital base."


   The portfolio utilization rate at March 31, 2004 was 88.0%, up from 85.8% at March 30, 2003, down only slightly from 88.3% at December 31, 2003. While the utilization rate was essentially unchanged at the end of the first quarter 2004 compared to the end of the previous quarter, the company reached a high of 92.6% at the end of February 2004, which was the highest utilization since June 2001. "We are proud of our remarketing achievements in the first quarter," said Donald A. Nunemaker, Chief Operating Officer. "We had a lot of engines moving around during the quarter. It is important to remember that the utilization rate is subject to volatility from month to month as engines come on and off lease. We are pleased with the demand we see in the marketplace, and we are continuing to aggressively pursue opportunities to place our engines on lease or keep them with existing lessees. At the present time, our most popular engine types are fully leased, except for those engines we have in the shop undergoing repairs or overhauls. This situation permits us to be more selective of lease opportunities and allows us to realize longer lease terms and higher lease rates. Remarketing activities continue to be our top priority." 


   Results from Operations 


   Lease revenue in the first quarter rose 5% to $14.8 million from $14.0 million in the first quarter of 2003. During the first quarter of 2004, sales of equipment generated a net gain of $148,000 compared to a net gain of $38,000 in the first quarter last year. First quarter 2004 other income was $174,000, primarily from service fees generated from our third-party lease placement service launched in the second half of 2003. Total revenue in the quarter ended March 31, 2004, increased 7% to $15.1 million compared to $14.0 million in the same quarter of 2003.


   First quarter total expenses increased by $905,000, or 7%, to $13.7 million from $12.8 million in the first quarter a year ago. The largest single component of the increase was depreciation expense which increased $468,000, or 9%, compared to the same period in 2003, due primarily to changes, in the fourth quarter of 2003, in estimates of useful lives and residual values on certain older engine types. General and administrative expenses rose $305,000, or 9%, over the comparable period in 2003, due mainly to higher commission and personnel expenses. Net interest and finance costs rose $132,000, or 3%, over the previous year.


   First quarter 2004 pretax income increased 11% to $1.4 million from $1.2 million in the first quarter of 2003. First quarter 2004 net income increased 15% to $969,000, or $0.11 per diluted share compared to $842,000, or $0.09 per diluted share in the first quarter a year ago. 


   Balance Sheet & Liquidity 


   At March 31, 2004, the company had 118 commercial jet engines, 4 aircraft parts packages and 7 aircraft in its lease portfolio with a net book value of $502.3 million compared to 116 commercial jet engines, 3 aircraft parts packages and 6 aircraft in its lease portfolio with a net book value of $496.2 at March 31, 2003.


   Assets totaled $551.7 million at March 31, 2004, compared to $545.3 million a year ago. Shareholders' equity increased 5% to $110.8 million, or $12.46 per common share, compared to $105.6 million or $11.95 per common share at March 31, 2003.


   The company had approximately $32.5 million available under its credit facilities at March 31, 2004 compared to approximately $25.7 million a year ago. The company's funded debt to equity ratio was 3.17 to 1 at March 31, 2004, compared to 3.46 to 1 at the end of the first quarter last year. WLFC had $36.9 million of restricted and unrestricted cash and cash equivalents at March 31, 2004, compared to $36.0 million at March 31, 2003.


   "We anticipate that interest rates may rise during the next year and have added $60 million in hedges this quarter," said Monica J. Burke, Chief Financial Officer, "which brings total hedges in place at March 31, 2004, to $170 million against variable rate debt of $333 million." 


   About Willis Lease Finance 


   Willis Lease Finance Corporation leases spare commercial aircraft engines, rotable parts and aircraft to commercial airlines, aircraft engine manufacturers and overhaul/repair facilities. These leasing activities are integrated with the purchase and resale of used and refurbished commercial aircraft engines.


CONTACT:Willis Lease Finance Corporation Monica J. Burke, 415-331-5281



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


Resource America, Inc. Authorizes Payment of Cash Dividend



PHILADELPHIA--(-Resource America, Inc.(NASDAQ:REXI)(the "Company") announces that its Board of Directors has authorized the payment of a cash dividend on May 28, 2004 in the amount of three and one-third cents per share of the Company's common stock to all holders of record at the close of business on May 14, 2004.


   This dividend payment will make the 36th consecutive quarter that the Company has paid a cash dividend to its stockholders. The Company currently has approximately 17.4 million shares of common stock outstanding.


   Resource America, Inc. is a specialized asset management company that uses industry specific expertise to generate and administer investment opportunities for its own account and for outside investors in the energy, financial services, real estate and equipment leasing industries. For more information please visit our website at or contact Investor Relations at investor 


   Statements made in this release may include forward-looking statements, which involve substantial risks and uncertainties. The Company's actual results, performance or achievements could differ materially from those expressed or implied in this release.


CONTACT:Resource America, Inc., Philadelphia Pamela Schreiber, 215-546-5005 Facsimile: 215-546-5388




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

Equip. Leasing Sales Rep: Strong sales and bus. dev. skills needed. Dev/manage portfolio, initiate bus. in upper Midwest . 3-4 yr  leasing exp.
or e-mail:

About the Company: Associated Banc-Corp is a diversified multibank holding company with $15.5 billion in total assets. Headquartered in Green Bay, Wisconsin .  Associated has more than 200 banking locations across Wisconsin, Illinois and Minnesota.




News Briefs---


Manufacturing, construction reports lift market


Banker's 2nd Trial Ends With Conviction/Jury Says Quattrone Obstructed Probes


Interest Rates Not Expected to Change


Oil Price Hits Highest Level Since 1990


worm exploits Windows flaw

Destructive virus does not require user to open an attachment



SF Bay Lost 400,000 Jobs, But Getting Better


Teens losing the race for summer jobs



Tillman remembered at memorial





" Gimme that Wine "


High-End Wine Sales Rebound in Restaurants,1145,2456,00.html


New York to Sell Wine in Grocery Stories???



Rosenblum Cellars May Move to Brentwood, Ca,1413,125~1486~2120910,00.html


Young Merlot as First Step for Long Island Wineries





Syndicator: packager/syndicator. min. 4-yrs evaluating, underwriting and /or syndicating transactions from 100K -$1.0MM. Outstanding opportunity, future growth, excellent benefits, base salary & bonus arrangement.
Resumes: .

About the Company: A rapidly expanding Middle Market Leasing / Finance Company located in CT. Equilease Financial Services, Inc



This Day in American History


    1494- Christopher Columbus discovered Jamaica. The Arawak Indians were its first inhabitants. This was his second journey. His first he basically discovered Cuba, and on his third Trinidad, and on his fifth trip, 1502-1504, Martinique, exploring the coasts of Nicaragua, Costa Rica, and Panama. He brought a lot of slaves back to Spain, his main

find in the islands.

    1626-Dutch colonist Peter Minuit arrived on the wooded island of Manhattan in present-day New York. He bought Manhattan for $24, but from a tribe in Brooklyn, almost like buying the Brooklyn Bridge.  The story has been repeated so many times school children believe the borough was bought for beads.  Ironically, he Dutch had already established the town of New Amsterdam at the southern end of the island.  The American Indians had no comprehension of land ownership. Shortly most of them were wiped out by small pox, influenza, and a host of diseases brought from Europe in which

they had no immunity.

( lower half: )

    1746- The Moravians in Pennsylvania established the Moravian Women's Seminary at Bethlehem. It was the first educational institution of its kind established by the "Unitas Fratrum" in (colonial) America.

    1796-Birthday of Horace Mann, American educator, author, public servant, known as the "father of public education in the US," was born at Franklin, MA. Founder of Westfield (MA) State College and editor of the influential Common School Journal. Mann died at Yellow Springs, OH, Aug 2, 1859.

    1851-First major San Francisco fire

    1864- General Grant's Army at Potomac attacks at Rappahannock

crosses Rapidan and begins his duel with Robert E Lee

    1864- Over the objections of President Lincoln, the House of Representatives on this date passed the Wade-Davis Reconstruction bill, containing stiff punitive measures against the South that if put into aw would have destroyed Lincoln’s more moderate reconstruction aims. The bill was also adamantly opposed by Radical Republicans, led by Thaddeus Stevens for whom it was insufficiently severe in its treatment of the Southern rebels. Lincoln eventually killed the bill by using the pocket veto. When Andrew Johnson became president, following Lincoln’s assassination, he basically abandoned all Lincoln’s reconstruction plans and set up to punish the South.

    1886 - Chichester Bell and Charles Tainter received a US patent for the graphophone. This invention replaced Thomas Edison's phonograph, and featured wax-coated cylinders. These were considered an improvement over the phonograph's tinfoil cylinders, which had been delicate and difficult to remove.

    1891-The first hospital open to all races as a matter of policy was the Provident Hospital, Chicago, Ill.  Although primarily for African-Americans, there was no racial barrier to the admission of patients or staff appointments of physicians. Dr. Frank Billings was chief consulting physician. Dr. Christian Fenger, chief consulting surgeon; and Drs. Ralph N. Isham and Daniel Hall Williams, attending surgeons.  A nursing school, the Provident Hospital Training School Association, was connected with the hospital.

    1894—Bird Day began.

    1896- Labor union unrest at Chicago led to violence when a crowd of unemployed men tried to enter the McCormick Reaper Works, where a strike was underway. Although no one was killed, anarchist groups called a mass meeting in Haymarket Square to avenge the "massacre. When the police advanced on the demonstrators, a bomb was thrown and several policemen were killed. Four leaders of the demonstration were hanged and another committed suicide in jail. Three others were given jail terms. The case aroused considerable controversy around the world.

   1905- honky tonk singer Al Dexter was born in Jacksonville, Texas. He perfected his style in the oil-boom dance halls of East Texas. And he recorded one of the first songs to have the word "honky tonk" in its title, "Honky Tonk Blues." Dexter, who died in 1984, is best known as the composer of the wartime hit, "Pistol Packin' Mama."

    1909- Tel Aviv founded. In 1910, the suburb was named Tel Aviv after Nahum Sokolow's translation of Altneuland, Herzl's fictional depiction of the Jewish State.

    1926-Drummer Sonny Payne birthday, New York City

"Atomic Bomb” Basie album, best known for. Died Jan 29, 1979 in Los Angeles,     CA,,477721,00.html?artist=

    1928- Canadian jazz trumpet player, "screamer,” Maynard Ferguson was born in Montreal. He went to the US at the age of 20, playing in the big bands of Boyd Raeburn, Jimmy Dorsey, Charlie Barnett and Stan Kenton. Ferguson won the Down Beat magazine reader's poll for trumpet in 1950, '51 and '52. He later formed his own big band, which in the 1970's turned in a jazz-rock direction. Ferguson's recording of "Gonna Fly Now," the theme from "Rocky," was a major hit single in 1977.

    1929-Birthday of Audrey Hepburn, whose first major movie role in Roman Holiday (1953) won her an Academy Award as best actress, was born near Brussels, Belgium.

Here real name was Edda Van Heemstra Hepburn-Rusten.She made 26 movies during her career and received four additional Oscar nominations. During the latter years of her life Hepburn served as spokesperson for the United Nations Children's Fund, traveling worldwide raising money for the organization. Audrey Hepburn died Jan 20, 1993, at Tolochenaz, Switzerland. Even when dying of cancer, she traded ceaselessly in Third World countries, always for the children, never stinting, giving everything she had.

    Answering a reporter's question about why she worked so hard for UNICEF, she answered simply, "I do not want to see mothers and fathers digging graves for their children."    One can only guess that she saw too much of that when as a girl she was accidentally trapped in Holland during World War II. She suffered extreme hardships during the war and several of her relatives and friends were executed by the Nazis. AH acted as a courier for the underground.  She even had to eat tulip bulbs when food supplies ran out or they were confiscated by the Germans just before the Allied troops freed the Netherlands.

    1932 - Public Enemy Number One, Al Capone, was jailed - in the Atlanta Penitentiary - for tax evasion.

    1937-Bassist Ron Carter birthday, Ferndale, MI

    1940-Duke Ellington bad records "Cotton Tail,” "Don’t Get Around Much Anymore” for Victor.

    1956---Top Hits

Heartbreak Hotel/I Was the One - Elvis Presley

Moonglow and Theme from ’Picnic’ - Morris Stoloff

Standing on the Corner - The Four Lads

Blue Suede Shoes - Carl Perkins

    1956 - Gene Vincent and his group, The Blue Caps, recorded "Be-Bop-A Lula" for Capitol Records in Los Angeles. Interesting note: Vincent had written the tune only three days before he auditioned in a record company talent search that won him first place. The record was rush-released just two days later and became a rock and roll classic. Vincent recorded two other charted songs in 1957 and 1958: "Lotta Lovin’" and "Dance to the Bop".

    1957- "The Alan Freed Show" debuted on ABC-TV. The legendary disc jockey's rock 'n' roll variety show was cancelled some months later after black teenage singer Frankie Lymon was shown dancing with a white girl.

    1959- the first Grammy Awards were presented by the National Academy of Recording Arts and Sciences. Record of the year and song of the year was "Nel Blu Dipinto Di Blu" - better known as "Volare" - by Domenico Modugno. Henry Mancini won the Album of the Year award for "The Music From Peter Gunn" and the Kingston Trio won the first country Grammy for "Tom Dooley."

    1961-Militant students joined James Farmer of the Congress of Racial Equality (CORE) to conduct "freedom rides” on public transportation from Washington, DC, across the deep South to New Orleans. The trips were intended to test Supreme Court decisions and Interstate Commerce Commission regulations prohibiting discrimination in interstate travel.  In several places riders were brutally beaten by local people and policemen. On May 14, members of the Ku Klux Klan attacked the Freedom Riders in Birmingham, Alabama, awhile local police watched. In Mississippi,, Freedom Riders were jailed. They never made it to New Orleans. The rides were patterned after a similar challenge to segregation, the 1947 Journey of Reconciliation, which tested the US Supreme Court’s June 3, 1946, ban against segregation in interstate bus travel.

1963 - Andy Williams's album, Days of Wine and Roses, hit the Number 1 spot on the LP pop chart, and stayed there for 16 weeks.

    1963-The Beach Boys "Surfin U.S.A." LP debuts on the charts.

    1964---Top Hits

Can’t Buy Me Love - The Beatles

Hello Dolly! - Louis Armstrong

Bits and Pieces - The Dave Clark Five

My Heart Skips a Beat - Buck Owens

   1964- "Another World, "created by lrna Phillips and sponsored by P&G, this soap was set in fictional Bay City. It was the first soap to air for a full hour and the first to beget two spin-offs ("Somerset” and "Texas’). Charles Durning,Ted Shackelford, Eric Roberts, Ray Liotta, Kyra Sedgwick, Faith Ford, Morgan Freeman, Jackëe Harry,Victoria Wyndham and Valarie Pettiford are some of its well-known alums. The show was cancelled in1999 and the last episode aired dune 25, 1999.

    1964 - The Beatles set a "Billboard" magazine Top 100 chart all-time record when, today, all five of the top songs were by the British rock group. The Beatles also had the number one album with "Meet the Beatles", the top album from February 15 through May 2, when it was replaced by "The Beatles Second Album". During the first three months of 1964, it was estimated The Beatles accounted for 60 percent of the entire singles record business. The top five Beatles singles, setting the record, were: 1) Can’t Buy Me Love 2) Twist and Shout 3) She Loves You 4) I Want to Hold Your Hand 5) Please Please Me

   1970- Still fresh in minds of students who attending college during this time, four students (Allison Krause, 19; Sandra Lee Scheuer. 20: Jeffrey Glenn Miller. 20 and William K. Schroeder, 19) were killed by the National Guard during demonstrations against the Vietnam War at Kent(Ohio) State .

    1972---Top Hits

The First Time Ever I Saw Your Face - Roberta Flack

I Gotcha - Joe Tex

Betcha By Golly, Wow - The Stylistics

Chantilly Lace - Jerry Lee Lewis

    1973-Led Zeppelin open their 1973 U.S. tour, which is billed as the "biggest and most profitable rock & roll tour in the history of the United States." A group spokesman predicts the group will gross over $3 million.

    1974-The first skyscraper higher than 1,400 feet in height was the 110-story sears Building of sears Roebuck and Company, measuring 1,454 feet high located on Jackson Boulevard between Adams and Franklin streets in Chicago.

    1975-Baseball’s One Millionth Run. Bob Watson of the Houston Astros raced around the bases on Milt May’s home run against the San Francisco Giants an crossed the plate with what was declared to be the one millionth run scored in major league baseball history. Watson’s hustle paid off. Davey Conceptcion of the Cincinnati Reds scored another run in a different game in a different city seconds later.

    1976- The Illinois Legislature declares today as Rick Monday Day because of his patriotic gesture of saving the American flag from being burned in Los Angeles by two fans.

    1978-Jefferson Starship receive a platinum record for what will be their last LP with Grace Slick and Marty Balin. Just a few weeks later, both are gone and the band has to be revamped.

    1980---Top Hits

Call Me - Blondie

Ride like the Wind - Christopher Cross

Lost in Love - Air Supply

Are You on the Road to Lovin’ Me Again - Debby Boone

    1988---Top Hits

Where Do Broken Hearts Go - Whitney Houston

Wishing Well - Terence Trent D’Arby

Angel - Aerosmith

It’s Such a Small World - Rodney Crowell & Rosanne Cash

    1989 - Col. Oliver North was found guilty in the investigations into the Iran-Contra affair.

    1991- Indians' first baseman Chris James establishes the club record for RBIs by driving in nine runs with a pair of homers and two singles, helping Cleveland to crush the A's, 20-6.

    1994---Top Hits

The Sign- Ace Of Base

Bump N Grind- R. Kelly

The Most Beautiful Girl In The World- The Artist

Return To Innocence- Enigma

    1999---Top Hits

Livin La Vida Loca- Ricky Martin

No Scrubs- TLC

Kiss Me- Sixpence None The Richer

Every Morning- Sugar Ray




Stanley Champions This Date


1969  Montreal Canadiens






              Baseball Poem


SPRING TRAINING POEM (pitchers and catchers report)

                  Carl Stevens

some say that the robin heralds in spring,
warm weather's coming when she starts to sing.
tulips, I guess, are harbingers too,
when they open their petals as the mourning doves coo.
but there's a much surer sign that spring is near:
when the crack of the bat sings in my ear,
when the arms of warm leather embrace a hard ball
I know we're no longer in winter or fall.
the sun stays up longer, and the clouds do not mope;
baseball is back, so there's reason to hope.
some Midwestern slugger from triple A
hopes he can shine on a warm august day,
a young Venezuelan who's new on the scene
hopes to live out the American dream.
all they have is their talent, or brains and desire,
all burning with the same unquenchable fire:
to play like boys and get paid like men,
and do it again and again and again,
until crowds hold their breath, awaiting a pitch,
looking up with bright eyes from memory's ditch
as the sun shines like diamonds on diamonds so pure
that Shakespeare himself could write nothing so sure:
so sure as a homer that's lost in the night,
so sure as a fast ball that rides high and tight,
so sure as a runner thrown out at home plate,
so sure as a hitter who just stands and waits,
so sure as a bullpen that answers the call,
so sure as the ump who cries out "play ball!"
yes, I love baseball. it's my little fling,
my annual waltz with the daughter of spring.
I’ll sit in the bleachers with my little boys,
we'll eat peanuts and popcorn and make lots of noise,
and get reacquainted with a very old friend:



Middle Market Sales Rep.: exp. sales reps throughout country for middle market leasing/financing. Must have min.5-years exp. in "hard assets” ranging from 100K -$1.0MM generated from vendor and /or direct sources. Excel. benefits, base salary and commission program. Resumes to .

About the Company: A rapidly expanding Middle Market Leasing / Finance Company located in CT. Equilease Financial Services, Inc





Leasing News
Top Recent Stories
Leasing News
Leasing News mailing list
Leasing News, Inc.
346 Mathew Street,
Santa Clara,
California 95050
Fax (408)727-2026
Leasing News Policy Statement
Leasing News Editorial Staff
Mission Statment

Leasing News Virus Info Center
Leasing News