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No Edition Today---



     NAELB Conference report by Charlie Lester with pictures

          Partial Listing of Licenses Needed in Each State for Lease Financing

               and the Latest Inside News



This Day in American History




            1775- U.S. Marines, established. Originally part of the navy, it became a separate unit July 11, 1789.

         1766- In New Brunswick, New Jersey, Queen's College was chartered under the Dutch Reformed Church, to provide education "...especially in divinity, preparing [youth] for the ministry and other good offices." The present name of the school, Rutgers University, was adopted in 1924.

         1778- Iroquois Indians in NY kill 40 in Cherry Valley Massacre

         1793- Jared Kirtland birthday, American physician and naturalist.  Dr. Jared Potter Kirtland ( whom Kirtland’s Warbler is named) was born at Willingford, CT.  The first of the now rare Kirtland’s Warblers to be identified and studied was found on his farm near Cleveland, OH.  In 1851, Dr. Kirtland died at Rockport, Near Cleveland, Dec. 10,1877.

         1801 – “ An act to prevent the evil practice of dueling.” In the United States the state of Tennessee outlawed the practice of dueling ( quite common in the day in the entire US.)

        1836 -Louis Napoleon banished to America.

         1855-The first poem to win national acclaim was Henry Wadsworth Longfellow’s Song of Hiawatha, which was published in book form by Ticknor and Fields, Boston, MA.  In four weeks, 10,000 copies were sold, in and in 18 months, 30,000.

          1865-Henry Wirz, former commander of the infamous Confederate prison at Andersonville, Georgia, was hanged.

         1865- Howard University founded in Washington DC!longwal.htm

          1891-African-American Granville T Woods patents the electric railway;

one of America’s most prolific inventors.

          1893- Mabel Ethelreid Normand birthday, popular film star was the actual inventor of the pie-in-the-face routine, throwing one while a bored teenager on the Max Sennett set during the early days of Hollywood. She became a top drawing film actor but was hit over the head with a vase which might have caused some brain damage. Afterward she became a cocaine addict. She was considered a suspect in the unsolved murder of William Desmond Taylor.

         1895-If you visit New Orleans, be sure to see the first statue officially sanctioned by the Pope, the figure of Our Lady of Prompt Succor, the Patroness of Louisiana, which was blessed by Archbishop Janssens in the name of Pope Leo XIII at Urulines Convent, New Orleans, LA.

         1907- Jane Froman birthday, Broadway singer, was seriously injured in a plane crash while on tour entertaining troops in WWII. She never fully recovered from her injuries nor did her career. The movie With A Song In My Heart (1952), the story of her life,  had Susan Hayward doing the acting while the sound track was Froman's singing.

        1914-The first bank to establish a branch in a foreign country was the National City Bank of New York, which opened a branchy in Buenos Aires, Argentina. The Federal Reserve Act, approved December 23,1913, permitted American banks to establish branches abroad.

         1916- Billy May Birthday (one of the great big band arrangers with his

own band, Frank Sinatra, Nat “King” Cole, and his recreation of the Jimmie Lunceford

band album is one of my favorites. His arrangement of “Lean Baby” was one my

favorites that my band played.  Another was “String of Pearls” where Warren Luening,Jr.

and Chris Morgan would duel on the solo’s.

         1898- Race riot in Wilmington NC (8 blacks killed)

        1923-African-American Garrett Morgan invented and patented the traffic signal

        1931-Birthday of guitarist/songwriter Bobby Rush

         1931 - For the second year in a row, Conrad Nagel hosted the Academy Awards. This year’s gala celebration, the Academy’s fourth, was at the Sala D’Oro Room at the Biltmore Hotel in Los Angeles. The runaway winner was "Cimarron" (Outstanding Production - RKO Radio; Art Direction - Max Ree; Writing/Adaptation - Howard Estabrook). Best Actor honors went to Lionel Barrymore for his stellar performance in "A Free Soul"; ditto for Best Actress Marie Dressler in "Min and Bill". The Best Directing Award for "Skippy" went to Norman Taurog, and Best Cinematography accolades were earned by Floyd Crosby for his work on "Tabu". The Academy Award for Best Writing/Original Story was presented to John Monk Saunders for his script, "The Dawn Patrol". Several Scientific and Technical Awards were also presented for the first time.

        1932-Birthday of pianist Paul Bley piano Quebec, Ontario

        1939 - On Bluebird Records, Muggsy Spanier and his band recorded "Dipper Mouth Blues".

        1947-Lionel Hampton records “Midnight Sun,” Decca 24429.

        1949---Top Hits

That Lucky Old Sun - Frankie Laine

Don’t Cry, Joe - The Gordon Jenkins Orchestra (vocal: Betty Brewer)

I Can Dream, Can’t I? - The Tommy Dorsey Orchestra (vocal: Jack Leonard)

Slipping Around - Margaret Whiting & Jimmy Wakely

        1949-Birthday of singer Billy Price, Passaic, NJ

        1949- Donna Fargo birthday, country singer whose "Happiest Girl in the Whole USA" made her an overnight star and won her the Grammy award for Song of the Year 1972.

        1950 - The Country Girl, written by Clifford Odets, opened at the Lyceum Theatre in New York City. Uta Hagen, in the lead role, won a Best Actress Tony for her performance. A few years later, the play was made into a film, and Grace Kelly received the Best Actress Oscar for the same role.

        1951-Area Codes Introduced: the 10-digit North American Numbering Plan which provides area codes for Canada, the US, and many Caribbean nations was devised in 1947 by AT&T and Bell Labs. Eighty-four area codes were assigned.  However, all long-distance calls at that time were operator-assigned. On this date in 1951, Mayor M. Leslie Denning of Englewood, NJ (area code 201) direct-dialed the mayor of Alameda, California.  By 1960 all telephone customers could dial long distance calls. Because of the proliferation of faxes, modems and cell phones, the US could run out of area codes as early as 2007. The system is administered by the North American Numbering Plan Administration.

        1953 - Walt Disney's The Living Desert was released to theaters. It was very popular and became a box-office smash, later winning the Academy Award for Best Documentary Feature. Critics, however, felt there were too many gags and humor with music, which weakened its documentary claim. Disney toned down the comedic antics with subsequent nature documentaries.

        1953 - The film How to Marry a Millionaire, starring Marilyn Monroe, Betty Grable, and Lauren Bacall, premiered in New York on this date. It later received an Oscar nomination for Best Costume Design.

         1954 - The Iwo Jima Memorial was dedicated in Arlington, Virginia.

         1956 - After a 3 year absence, Billie Holiday returned to Carnegie Hall in New York City to give a concert called a high point in jazz history.

        1957---Top Hits

Jailhouse Rock - Elvis Presley

You Send Me - Sam Cooke

Little Bitty Pretty One - Thurston Harris

Wake Up Little Susie - The Everly Brothers

        1957-Charlie Sifford wins the Long Beach Open, becoming the first Black person to win a major professional golf tournament.

        1960-Andrew Hatcher is named associate press secretary to President John F Kennedy, becoming the first Black press secretary.

         1963-Gordie Howe of the Detroit Red Wings scored the 545th goal of his career to surpass the mark held by Maurice Richard of the Montreal Canadiens.

         1965---Top Hits

Get Off of My Cloud - The Rolling Stones

A Lover’s Concerto - The Toys

Everybody Loves a Clown - Gary Lewis & The Playboys

Hello Vietnam - Johnny Wright

        1969-“Seseme Street” premieres on TV. An important, successful long-running children's show, "Sesame Street" educates children while they have fun. It takes place along a city street, featuring a diverse cast of humans and puppets. Through singing, puppetry, film clips and skits, kids are taught letters, numbers, concepts and other lessons. Shows are "sponsored" by letters and numbers. Human cast members have included: Loretta Long, Matt Robinson, Roscoe Orman, Bob McGrath, Linda Bove, Buffy St. Marie, Ruth Buzzi, Will Lee, Northern J. Calloway, Emilio Delgado and Sonia Manzano. Favorite Jim Henson muppets include Ernie, Bert, Grover, Oscar the Grouch, Kermit the Frog, the Cookie Monster, life-sized Big Bird and Mr Snuffleupagus.

        1973---Top Hits

Keep on Truckin’ - Eddie Kendricks

Heartbeat - It’s a Lovebeat - The DeFranco Family

Photograph - Ringo Starr

Paper Roses - Marie Osmond

        1975-The ore carrier Edmund Fitzgerald broke in two during a heavy storm in Lake Superior (near Whitefish Point). There were no survivors of this, the worst Great Lakes ship disaster of the decade, which took the lives of 29 crew members.

        1981---Top Hits

Private Eyes - Daryl Hall & John Oates

Start Me Up - The Rolling Stones

Tryin’ to Live My Life Without You - Bob Seger

Fancy Free - The Oak Ridge Boys

        1983-Microsoft software released. In 1980, Microsoft signed a contract with IBM to design an operating system, MS-DOS, for a personal computer that IBM was developing. On Nov 10, 1983, Microsoft released Windows, an extension of MS-DOS with a graphical user interface. Many say

it “copied” features and even icons of the Apple operating system.

         1984 - The Maryland Terrapins set an NCAA football record when they came from a 31-0 halftime deficit to beat Miami’s Hurricanes, 42-40. The game broke the previous record set on October 20,   

        1984- when Washington State came from 28 points behind to beat Stanford, 49-42.

        1984-The first Breeders’ Cup day of thoroughbred racing was held at Hollywood Park in California. Wild Again won the feature race, the $3 million Breeders’ Cup Classic, beating Slew O’Gold and Gate Dancer.

        1986 - "Bruce Springsteen & The E Street Band Live/1975-85", the highly watched for, long-anticipated album by "The Boss", went on sale in record stores. Fans made the LP a sellout in one-day, buying over a million copies and generating more first-day money than any record in 30 years. The hit album was a five-disc, 40-song set.

         1989---Top Hits

Listen to Your Heart - Roxette

Cover Girl - New Kids on the Block

When I See You Smile - Bad English

Ace in the Hole - George Strait

        1996 - Dan Marino was first NFL quarterback to throw for 50,000 yards in his career. He reached that mark as he completed a pass to O.J. McDuffie in a game against the Indianapolis Colts this day. Marino went on to a run up a career record of 61,361 yards passing.

         1997 - WorldCom Inc. and MCI Communications Corp. agreed to a $37 billion merger, the biggest in United States history. In 2002, World Com was be indicted for fraud in the millions of dollars

and file bankruptcy, with several officers going to jail.




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The Deal is in the Details


WHERE: RAMADA INN, 324 East Shaw,
Fresno, CA 93710
Tel: 559 224-4040
TIME: 9:00 a.m. to 4:00 p.m. (lunch on your own)


    How to read and interpret your prospect's financial statements.
    How to qualify your prospects.
    How funders look at full disclosure transactions.
    How to understand what the real story is in your story credit.
    How to explain your deal to your credit manager or funder.
    How to make the best use of your selling time.

The class will be presented by Bob Teichman, CLP, an industry veteran celebrating his 40th year in the equipment leasing business.

COST: $245 (first attendee from a company)
$225 (for each additional attendee from a company)

For more information call: 415 331-6445 or e-mail

Pre-register by sending your check to:
Bob Teichman, CLP
Teichman Financial Training
3030 Bridgeway, Suite 213
Sausalito, CA 94965
Tel: 415-331-6445

Registration at the door on a space-available basis only.

"Providing education and training to the equipment leasing and financing industry."

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