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Classified Ads----Sales

    Economic Events This Week

        Alexa Ranks Leasing Association Web Sites

            Aventura Funding, Dania, Florida Complaint

                Marlin Stock Offering to Close Today

                    Arizona Leasing Association Meeting

                Pay Pal Hoax

            New Website Ad-Jeff Taylor's "Education" Seminars

        Business Leasing News November Edition

    Ca. Finance Lender's License Web Addresses

HPSC Reports 14% Decrease in Net Income

    Sports Briefs---

        California Nuts Briefs----

    "Gimme that Wine"

This Day in American History

This Border ##### Denotes Press Release (Not Written By Leasing News)


Classified Ads----Sales

Sales: Atlanta, GA. Equipment Finance/Tax Leasing professional, with 20+ years experience originating, structuring, and closing. Direct & vendor development sales. Mid-market and Fortune 1000 - customers throughout Southeast.



Sales: Atlanta, GA. Consistent top performer, results

oriented with outstanding sourcing, structuring and negotiation skills. Direct& vendor development sales. Mid-market and above - Customers throughout Southeast.

Sales: Atlanta, GA. 15 Yr extensive small & mid-ticket leasing. Strong book of business & vendor/direct base. Strong closing, structuring, communication, negotiation & nat'l program skills w/following in key markets.


Sales:Austin,Texas 24yrs equip leasing sales, vendor/direct, leasing high-tech to rolling stock. HP12C/17B. Small-Mid Ticket. Seeking Texas territory which can be covered from Austin home-base.

Sales: Bakersfield, CA.

I have an extensive sales and management background in equipment leasing. My work history exhibits my major strength in small ticket equipment leasing. Email:

Sales: Central, NC.

7 yrs.equip leasing &finance; specialist in heavy construction equip for 2-top-5-specialty finance/lease companies, NC &VA territories. $10-15MM annual funding. Downsized in 2002, now independent broker with varied customer base. Email:


Sales: Chicago, IL. Equipment leasing professional with 25+ years experience in sales, sales management and debt placement. Excellent communication skills, strong credit & financial understanding.

Sales: Chicago, IL. 12+ yrs multinational/national sales & business development. Seeking role with captive lessor or global leasing company. Will relo right opportunity. Experience structuring complex transactions. Email:


Sales: Denver, CO.

17 yr sales exp.. in leasing sales (territory, National Accts, Sales mgt.) looking to bring experience to s sales/ sales mgt role. Successful, accountable, ethical, aggressive, results.

Sales: Denver CO.

Experienced Equipment Leasing Broker looking for a in house leasing company. Can bring a book of business with me or develop new territory where needed. Email:

Sales: Denver, OR.

Broker representative: Seek employment or partnership w/estab. finance group. Prior engineer making career change. Have pursued extensive self-education/ formal training.


Sales: Detroit, MI. 16-year lease veteran looking for opportunity in the Detroit area. Ability to bring on new accounts and manage existing base. Up to 60% travel acceptable. Email:

Sales: Greensboro, N.C. Seeking direct & broker sales w/major finance companies in NC or southeast market. Small to mid-ticket range. Stable &family oriented. Will have series 6,63,65 license shortly.

Sales: Hartford, CT. 10+ yrs leasing sales exp.; multi- industry, small-large ticket, Direct, Vendor, and Captive exp. Seeking sales position with captive or independent company with equity investment capability. Email:


Sales: Jacksonville, FL.

Seasoned equipment leasing professional, with over 10 years of experience, looking for position in business development in Northern Florida territory.


Sales: Louisville, KY

I have been in leasing/financing of construction, machine tool, and mfg equipment for 20+ years. Traveled KY, IN, OH and TN.


Sales: Minneapolis, MN. 10+ yrs Equipment Leasing in Upper Midwest. Investment Grade Database. Previous vendor/small/middle market exp. Super Trump, 17B & account database exp. Email:

Sales: Mission Viejo, CA

Account Sales Executive with 10 years of leasing experience looking for company to bring existing customer base.


Sales: Orange County, CA.

Skilled deal-closer at above-average rates. Entrepreneurial. Accomplished lease-structurer specializing in transportation. Exp. in direct/captive & syndicator environments servicing vendors, brokers, & end-users.


Sales: Philadelphia , PA Seeking an open opportunity

to advance in the automotive, commercial leasing & finance industry......... Email:

Sales: Phoenix, AZ. 20-year veteran with multiple industry experience, solid closing skills, middle-market database, sourcing direct/vendors. Seeking direct/vendor/captive lessor with direct funding & equity infusion capabilities. Email

Sales: Port St. Lucie, Southeast, FL.

Highly experience in middle market leasing sales. Consistent producer, strong credit, organizational and territory management skills. Seek position with bank related or captive organization.

Sales: Prairie Village, KS Have substantial deal flow and database of broker referral sources. Generated and closed over $22M LY. Seeking exclusive relationship w/direct founder.

Sales: Princeton, NJ: Regional Sales Manager: Last 15 years with captive. Knowledgeable in all aspects of leasing. Application to funding. Worked with 25 salespeople - east coast.



Sales: St. Louis, MO

Proven equipment finance sales professional looking for a new challenge which rewards success. Equipment type and location open provided you want business.

Sales: San Bernardino, CA.

Account executive w/4 years exp. in small ticket &lower end middle market lease transactions, Outstanding ACT database compiled of over 500 vendors. Seeking a career driven position w/a reputable lessor



Sales: San Francisco Bay Area, CA

10+ yrs in middle market leasing. Seek direct lessor only. Transaction size from $500M to $10.0MM. Client base: printing, food, retail, manufacturing.

Sales: Stuart, Fl. 17 years exp. leasing in small ticket and large ticket, portfolio management exp. along with sales management and administrative background, strong sales and marketing skills. Email:

Sales: Tampa, FL. 27 years experience. Very adept in bank lease programs and direct sales in MM/LT. Looking to re-enter the industry. Will relocate to Texas. Hungry. Email:

   Full lists of all Classified Ads at:




Economic Events This Week


 November 17

Inventory-Sales Ratio: September

Federal Budget: October


 November 18

Consumer Price Index: October

MAEL Annual Dinner

Rosemont, Illinois


 November 19

Housing Construction: October

EAEL Networking

Linthicum, Maryland


 November 20

Leading Indicators: October

Weekly Jobless Claims


November 21



Is seeking Account Executives ready to roll up their sleeves in establishing strategic financing alliances with select vendors and manufactures in healthcare, industrial and technology market place segments. Proven track record of success in equipment financing a must. Specific industry and collateral experience is a plus. Hiring now in major markets throughout the country. Email your resume to

About the Company: IFC Credit Corporation is a fast growing, national equipment finance company providing a broad range of financing solutions to small business and middle-market clients. IFC offers equipment financing and leasing, customer finance programs for equipment vendors, and venture leasing services to emerging growth companies. The company is headquartered in the Chicago suburb of Morton Grove, Illinois.








Alexa Ranks Leasing Association Web Sites



69,996 Kit Menkin's Leasing News
63,780 American Bankers Association
60,635 Monitor Daily
100,838 Equipment Leasing Association
107,263 The Electronic Payments Association
180,134 Leasing Press
222,886 Bus. Leasing News
312,838 Ind Community Bankers of America
448,239 U.S.Banker
514,636 United Association of Equipment Leasing
428,718 Commercial Finance Association
478,737 eLessors Networking Association
834,909 Exec Caliber-Jeffrey Taylor
670,516 Equip. Leasing & Fin Fndn
925,758 Equipment Financial Journal
1,127,625 National Vehicle Leasing Association
930,931 National Assoc. of Equip Leasing Brokers
1,020,789 CLP Foundation
910,700 Institute of International Container Lessors
1,560,805 Eastern Association of Equipment Leasing
1,376,931 The National Funding Assoc.
NO DATA Leasing Today
3,689,673 Assoc of Government Leasing Financing
4,041,315 Mid-America Association of Equip Lessors
3,457,044 Lean -Lease Enforcement Att Net
NO DATA BizWiz Daily



These comparison are compiled by Leasing News using Alexa and should be viewed as a "sampling," rather than actual count from the website itself.



The Alexa tool bar works on most browsers. They are partnered with Google. You may download their free tool bar.


To learn more about how the rankings work:





Bulletin Board Complaint---Aventura Funding Corp. Dania, Florida




Ronald Bucci will be filing a complaint with the Florida Attorney General's office based on this statue.


"Florida: Brokers of a "loan of money, a credit card, line of credit or related guarantee, enhancement or collateral of any nature" may not assess or collect an advance fee. Florida Statues, Chapter 687.14 (1992):"


On Tuesday, November 11, Leasing News posted this complaint on our Bulletin Board "

Name = ronald bucci
Address = 3009 smith rd
City = akron
State = oh
Zipcode = 4433
Phone = 3309035224
Fax = 3306705334
Email =

Comments or Questions= hello,


"I have a P.E.T medical imaging company in Akron, OH. I was working with Aventura funding out of Dania, FL. They were going to lease my PET scanner for me at a cost of $990,000. I gave them $10,000in Earnest money to be applied to the first lease payment. The money was to be refunded if they could not complete the deal.


"They were unable to complete the deal and they won't send my deposit back. They won't answer the phone or return my messages. \


"How do I get my money back??"


Mr. Bucci faxed us a front and backside of the check dated 6/25/2003 to "Aventure Funding Corp." for $10,000..


The commitment letter covered both a "capital lease" and "finance lease, and calls it "Earnest Money:


"Upon acceptance of this proposal, Lessee will return the signed proposal along with $10,000 (Earnest Money) to be applied to the first payment.) In the event Lessor declines the request under the terms and conditions here in the Earnest Money will be refunded in full. Should Lessor approve the request under the terms and conditions herein, and the Lessee fails to complete the transaction, Lessor will consider the Earnest Money earned. Otherwise, the Earnest Money will be applied to the first monthly payment."


After several telephone calls and faxes, Leasing News reached a "Steve Charles," who acknowledged receiving the faxes, and basically said, "This is none of your business." As we explained that Leasing News had received the complaint, often acted as an ombudsman, "Steve Charles" said he would refer the call to the owner.


Not hearing back, we called and reached Peter Gustafson. He acknowledged receiving the fax and information, stating he was the "owner." When asked for the correct spelling of his name, he stated he had "no comment." After asking for the correct spelling of his name a second time, he refused again, saying, "You can print whatever you like, as I am not saying anything else than no comment'."


In a search of the Florida Department of Corporations, it appears Aventura Funding Corp. is "inactive" due to not filing their financial statement. They did so in 2001 and 2002, but not in 2003. The company was incorporated November 7,2000.







Marlin Business Services Stock Offering to Close Today


Wednesday, November 12, Marlin Business Services Corp.(NASDAQ-NMS:MRLN) (Nasdaq:MRLN) announced that it has priced its initial public offering of 4,400,000 shares of its common stock at $14.00 per share. Of the shares being offered, 3,113,267 shares are being offered by the Company and 1,286,733 shares are being offered by selling shareholders. The underwriters have a 30-day option to purchase up to an additional 467,988 shares of common stock from the Company and 192,012 shares from certain of the selling shareholders to cover over-allotments.


Last trade it was $15.25, down $1.25 from its high, according to Yahoo Finance.

Leasing News has been working on several stories regarding Marlin, and will make its report after the stock issue has closed.


The net offering proceeds to the Company, after the payment of expenses related to the offering, will be approximately $38.8 million, and will be used to repay subordinated debt of $10.0 million plus accrued interest, to pay approximately $6.0 million of accrued dividends owed on preferred stock and for general corporate and working capital purposes. The Company will not receive any of the proceeds from the sale of common stock by the selling shareholders.


U.S. Bancorp(NYSE:USB) Piper Jaffray is the lead manager for the offering and William Blair & Company is the co-manager. A final prospectus relating to the offering may be obtained from U.S. Bancorp(NYSE:USB) Piper Jaffray at (800) 333-6000 or William Blair & Company at

(800) 621-0687.


The transaction is scheduled to close on November 17, 2003, subject to the terms and conditions of the purchase agreement. Morgan, Lewis & Bockius LLP acted as counsel to Marlin Business Services Corp.(NASDAQ-NMS:MRLN) Sidley Austin Brown & Wood LLP acted as counsel to the underwriters.







Arizona Leasing Association Meeting


The new regional Arizona organization,AELA, had its 2nd meeting 11/13 at

Ajo Al's in Phoenix.


We had a gathering of over 30 leasing professionals from the local market, New Mexico and California with 5 funders in attendance came from TX, MN, CA(2), WA.


The happy hour environment allowed attendees to initiate new relationships, and strengthen existing ones and the Arizona weather was perfect....for the outdoor patio setting!

Bernice Truszkowski

"your equipment finance s



SALES: Los Angeles, CA. Successful leasing company in business 10+years seeking experienced sales professional in vendor programs.Generous commissions,benefits and growth potential.






Pay Pal Hoax


((We received an e-mail, telling us our account would expire in five days

if we did not up-date it. I didn’t understand it, especially since all e-mail

from paypal is addressed to Maria (Martinez-Wong,) so I referred it

to her and asked what it was about.)


This is a Hoax e-mail. I called paypal and they said that first they do not

refer to you as "Dear PayPal Member" they always use your name and second if

you notice the "To:" section is address to and admin email. We don't have an

admin e-mail.


See anybody can type anything before and you will get the

email. You are set to receive all the other email as the administrator.


Don't worry about the account. I double- checked and they said the account is

not expiring. I am going to report this email with PayPal, they have a

service for them to research the email.”


. The hoax e-mail:


   From: "" <>


   Date: Thu, 13 Nov 2003 21:46:06 -0500




 Dear PayPal member,


 PayPal would like to inform you about some important information regarding

your PayPal account. This account, which is associated with this email address will be expiringwithin five business days. We apologize for any inconvenience that this may cause, but this is occurring because all of our customers are required to update their account settings with their personal information.


 We are taking these actions because we are implementing a new security

policy on our website to insure everyone's absolute privacy. To avoid any interruption in PayPal services then you will need to run the application that we have sent with this email (see attachment)and follow the instructions.


 Please do not send your personal information through email,

as it will not be as secure.


 IMPORTANT! If you do not update your information with our secure

application within the next five business days then we will be forced to deactivate your account and you will not be able to use your PayPal account any longer. It is strongly recommended that you take a few minutes out of your

 busy day and complete this now.


 DO NOT REPLY TO THIS MESSAGE VIA EMAIL! This mail is sent by an automated message system and the reply will not be received.


 Thank you for using PayPal.






New Website Ad—Jeff Taylor’s “Education” Seminars


The Leasing Academy


Leaders In Equipment Leasing Education


For 2004, The Leasing Academy will hold 5 distinct classes twice a month throughout the U.S. Each class is designed to complete the educational process in the shortest possible time at the least possible cost.



NEW Schedule for 2004


Introduction to Leasing (M - $399 )
Accounting & Tax (T - $499)
Pricing (W - $499)
Credit (T - $499)
Sales (F - $299)


This cycle repeats six times as follows:
Jan 12-16 Los Angeles
Jan 19-23 New York
Feb 09-13 Chicago
Feb 16-20 Atlanta
Mar 08-12 Dallas
Mar 22-26 San Francisco

Check Out The Leasing Academy

New York (Introduction To Leasing)


Excellent...easily the best course directed to an industry...Jeffrey brings more to the course than any other teacher I have known...The depth of knowledge that I gained from the course is far beyond my expectations


New York (Accounting & Tax)


Small class size made the experience extremely positive and fruitful...good...very educational and refreshing...The instructor is very informed and has a special way of imparting his knowledge to his students...highly informative...material well presented...Jeff has a gift in presenting tricky concepts so they can be easily understood and interpreted...Today's seminar was fantastic...Jeffrey really knows his stuff...great...great course...great teacher..Would highly recommend it to anyone...informative...good learning experience


I have posted updated material on class facilities and agendas on The Leasing Academy website. As always, please feel free to call me at (801) 299-9332 to
discuss your training needs.

Jeffrey Taylor






Seeks experienced small ticket B2B leasing sales professionals in the western U.S. Very generous commission sharing with salary draw and benefits. Resumes








Business Leasing News November Edition


       November's BLN should be out tonight or tomorrow. It's got some

useful stories on workouts with equity sponsors and lenders, syndicated loan

liability for administrative agents in an Enron case, the latest on the

Boeing tanker lease program, The USA Patriot Act, the Basel Accord and more.






  David G. Mayer

  Patton Boggs LLP

  2001 Ross Avenue

  Suite 3000

  Dallas, Texas 75201

  Tel: (214) 758-1545

  Fax: (214) 758-1550

  Author of: Business Leasing For Dummies

  Publisher of: Business Leasing News


1.The UniCredito Decision: Agent Banks Avert Liability in Enron Syndicated Loan

2.GDP Growth Spurt in the Third Quarter May Jump Start Leasing

3.Equity Sponsors and Lenders Strike a Balance in Workouts

4.Basel II Accord Delayed by Protest of U.S. Financial Institutions

5.Boeing 767 Tanker Lease Program Slimmed Down

6.Leasing 101: What Is an “Involuntary Bankruptcy”?

7.BLN Briefs: New Terrorism Insurance Regulations; Patriot Act Challenges; FASB Fixes QSPEs and VIEs; Corporate Tax Relief Advances

8.Training Offered; Recent Publications





California Finance Lender’s License Web Addresses:


find out if company is licensed:


Complaint procedure:


about the law, such as:


(Unless you are doing “true,” “tax” or real “operating leases,” such

as a rental yard would do, the transactions you are involved in

are in “jeopardy” as well as your company and yourself. That

is not an opinion. It is a fact. editor.)





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


HPSC, Inc. Reports 14% Decrease in Net Income



(Note: November 13, GE Capital announced it would be acquiring HPSC

As readers know, most of the companies GE acquires are “downsized” and “absorbed” in the GE way, such as US Leasing having three original employees left and Colonial Pacific Leasing, who knows?)


BOSTON---HPSC, Inc. (AMEX:HDR), a leading provider of financing to medical professionals, reported a 14% decrease in net income for the third quarter ended September 30, 2003 of $1.5 million compared to $1.8 million in restated net income in the same quarter last year. Basic earnings per share were $0.36 in the third quarter of 2003, versus $0.44 of restated basic earnings per share in the same quarter last year. On a diluted basis, earnings per share were $0.34 in the third quarter of 2003, a 15% decrease from restated earnings per share of $0.40 reported in the prior year period. Net revenues for the third quarter of 2003 were $18.7 million, a 7% increase over net revenues of $17.5 million in the same quarter last year. Net operating expenses were $16.1 million in this year's third quarter, an increase from net operating expenses of $14.5 million in the third quarter of 2002.


   For the first nine months of 2003, net income was $975,000, a 79% decrease from restated net income of $4.6 million in the same period last year. Basic earnings per share for the first nine months of 2003 were $0.23, compared to restated basic earnings per share of $1.14 in last year's first nine months. On a diluted basis, earnings per share for the first nine months of 2003 were $0.22, versus $1.06 of restated earnings per share, on a diluted basis, in the comparable period last year. Net operating expenses for the first nine months of 2003 were $44.9 million, a 2% increase from net operating expenses of $44.1 million in the first three quarters of 2002.


   In the third quarter of 2003, the company's new financing contract originations grew to $87.7 million, a 7% increase over originations of $82.3 million in the third quarter of 2002. For the first nine months of 2003, originations increased 12% to $247.4 million from $220.0 million in the same period last year. The gross portfolio of owned and managed lease contracts and notes receivable increased to $1 billion at the end of the third quarter of 2003, a 7% increase from $935.1 million at December 31, 2002. Unearned income was $158.2 million at the end of the third quarter of 2003, a 14% increase from $139.0 million as of December 31, 2002.


   The fiscal year 2002 numbers used in this release for comparison purposes are the audited financial results of the company for the year 2002, as restated on August 14, 2003.


   About HPSC


   HPSC Inc. is a leading non-bank financial services company providing leasing and financing opportunities to the medical and dental professions in all 50 states.

CONTACT:HPSC, Inc. John W. Everets, 617-720-3600






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


Sales: Established, reputable, lessor seeking a successful, ethical, small ticket sales professional to establish telecom dealer relationship in our East Territory.






"Sports Briefs"


Belichick's Patriots keep Parcells and Cowboys scoreless


Four Raiders might face THG suspension


Ravens' Future Owner Keeps Low Profile, Loyal Friends


NFL Standings


NFL Wrap-Up






California Nuts Briefs---


Schwarzenegger inauguration won't be glitzy


The World Wants More News about Arnold in California


At the San Jose Chamber of Commerce Dinner, Arnold Introduced himself as

Maria Shriver’s Husband.”


He ran a great race, but can he govern?






"Gimme that Wine"


Boisset Pays $17.5 Million for De Loach,1145,2257,00.html


Pinot Noir Charity Event Raises $200,000


Warming trend could set wine industry on its head,1145,2255,00.html


French wine industry fights campaign against drinking and driving





Stable funding source seeks experienced leasing representative; book of business required; remote office capability; send resume to and reference leasingnews in subject line.





This Day in American Leasing



               1734-Peter Zenger,Colonial printer and journalist who established the New York Weekly Journal (first issue, Nov 5, 1733), for libel against the colonial governor, but continued to edit his newspaper from jail. Trial was held during August 1735. Zenger's acquittal was an important early step toward freedom of the press in America. Zenger was born at Germany in 1697, came to the US in 1710 and died July 28, 1746, at New York, NY.

           1758- English churchman Philip Embury, 30, married Margaret Switzer. Afterward immigrating to America, Embury was later encouraged by his cousin Barbara Heck to found a Methodist society in New York City in 1768. Embury thus became the first Methodist preacher in North America.

         1774-The first military organization to oppose the British was the Light Horse of the City of Philadelphia, PA, organized by 28 gentlemen, three of whom were members of the Committee of Correspondence of the First Congress of America, to resist the aggressions of the British Crown

        1800 - The United States Congress held its first session in Washington in the partially completed Capitol building. President John Adams ( who was elected in 1796; he was Washington’s vice-president, beating Thomas Jefferson 71 to 68 electoral votes) became the first occupant of the Executive Mansion, later called the White House. The second U.S. census recorded a population of 5,308,483, including 896,849 slaves. The total number represented a ten-year increase of 2,379,269: the number of slaves increased by 199,168. The center of the U.S. population was 18 miles southwest of Baltimore, a westward shift from 1790 reflecting the expansion of the frontier.

African resettlement of black slaves in Virginia was proposed for the first time by the Virigina Assembly. The nonbinding resolution and its successors reflected antislavery attitudes in the South in the early years of the nineteenth century, even among influential slaveholders. In 1802, 1805, and 1816 similar resolutions were passed by the Virginian Assembly. In congressional elections the Republicans gained six Senate seats to take an 18-13 majority over the Federalist. In the House they gained 27 seats to take a 69-36 majority. This year’s contest for the presidency revealed a sharp political division between the Federalist Party and the Republican, or Democratic-Republican Party (forerunner of the Democratic Party.) ( Also note the firsts two elections, George Washington ran unopposed,

and chose not to run for a third term The Federalist, advocates of a strong central government and representing the well-to-do business class, choose as their candidate President John Adams. The Republicans, the party of limited government and the agricultural interests, selected Thomas Jefferson of Virginia. The Constitution provided for each elector in the Electoral College to vote for two candidates. The candidate with the most votes would become president and the one with the second highest total, vice president. The Republican electors cast 73 votes for Jefferson and the same number for Aaron Burr, the Republican candidate for vice president. The Federalist electors cast 65 votes for Adams; 65 votes for Charles Cotesworth Pinckney, their candidate for the vice presidency (he was secretary of state and in the previous election came in third with 59 electoral votes); and one for John Jay. The tie between Burr and Jefferson for the presidency meant the election would have to be decided in early 1801 by the House of Representatives. The problems caused by this election contributed to the passage, and ratification in 1804, of the Twelfth Amendment to the Constitution.

“The person having the greatest number of votes for President, shall be the President, if such number be a majority of the whole number of Electors appointed; and if no person shall have such majority, then from the persons having the highest numbers not exceeding three on the list of those voted for as President, the House of Representatives shall choose immediately, by ballot, the President.

But, in choosing the President, the votes shall be taken by States, the representation from each state having one vote; a quorum for this purpose shall consist of a member or members from two-thirds of the states, and a majority of all the states shall be necessary to a choice.”

       1842- George Latimer, who had escaped from a Virginia plantation, was arrested in Boston under the Fugitive Slave Act. A campaign began to free Latimer and end Massachusetts' complicity with slavery. Within months, enough pressure was put on the Virginia slave owner to force him to sell Latimer. Soon after, Bay State lawmakers passed the "Latimer Statute," which forbade the use of public facilities or services to hold or arrest fugitive slaves. His son Lewis became a famous


        1851- The United States Post Office issued a 1-cent carrier stamp to make paying delivery fees easier. It was a first and last for stamps: the first to depict an American eagle; and the last to make paying fees easier. Carrier stamps were used during the period of 1851-1863 to help pay for the costs of delivering letters from one post office to another and for collecting and delivery of letters in the same city. Prior to 1863 letters were dropped off at post offices or street mail boxes, available since 1858 according to the USPS. The addressee was required to pick up the letter from the post office to which it was ultimately delivered. In some of the larger cities, for a small fee of usually one or two cents, the letter could be delivered (carried) to the street address of the addressee, hence the "carrier" service and the "carrier stamp". In 1863, for the first time, free delivery to the street address was made available in 49 of the largest cities in the U.S. Over time many more cities instituted this "free delivery", something which we take for granted today. However, it wasn't until 1896 that the first free rural deliveries were instituted on a trial basis in West Virginia. Over time, RFD, or rural free delivery, became an important part of the U.S. Postal Service and is taken for granted today, as well.

       1862- Confederate Secretary of War George B Randolph resigns (grandson of Thomas Jefferson, another trivia fact: his portrait appears on the $100 Confederate

dollar bill). after only 8 months because of conflicts with Confederacy President Jefferson Davis.

(part of an interesting letter sent to Randolph when he was Secretary of War:

“Our negroes are property, the agricultural class of the Confederacy, upon whose order and continuance so much depends--may go off (inflicting a greet pecuniary loss, both private and public) to the enemy, convey any amount of valuable information, and aid him by building his fortifications, by raising supplies for his armies, by enlisting as soldiers, by acting as spies and as guides and pilots to his expeditions on lend and water, and bringing in the foe upon us to kill and devastate; and yet, if we catch them in the act of going to the enemy we are powerless for the infliction of any punishment adequate to their crime and adequate to All them with salutary fear of its commission. Surely some remedy should be applied, and that speedily, for the protection of the country aside from all other considerations. A few executions of leading transgressors among them by hanging or shooting would dissipate the ignorance which may be supposed to possess their minds, and which may be pleaded in arrest of judgment.”

        1869—The Suez Canal opens.

( lower half of: )

        1878- Progressive Era reformer Grace Abbott was born in Grand Island, Nebraska.

       1887-“The Overland Limited” began the first transcontinental daily railroad service. Passengers changed trains at Omaha, NE with direct service between Chicago, Il, and Portland, OR, and between Chicago and San Francisco, CA, by the Union Pacific Railroad Company.

       1911-Omega Psi Phi, fraternity, founded on the campus of Howard University.

          1915-trumperter Shorty Sherock born Minneapolis, Minn,,492416,00.html?artist=Shorty+Sherock

       1917-The U.S.S. Fanning and the U.S.S. Nicholson were the first naval vessels to sink an enemy submarine in the Atlantic. at 4:10pm in latitude 57 degrees 37 minutes N, longitude 8 degrees 12 minutes W, the Fanning, while in convoy, sighted the periscope of a submarine. The Fanning headed for the spot, and dropped depth charges. The Nicholson, one of the vessels of the convoy, speeded to the spot and also dropped depth charges. the German submarine U-58 came to the surface. The Nicholson fired three shots from her stern while the Fanning headed for the submarine and fired its bow gun. After three shots, the crew of the submarine came on deck and surrendered. The submarine sank shortly afterward. The commanding officer of the Finning was Lieutenant Commander Arthur Shcuyler Carpenter, and the commanding office of the Nicholson was Lieutenant Commander Frank Dunn Berrien.

       1919-The first bank with resources exceeding $1 billion was the National City Bank (later named Citibank), New York City, whose assets this day were $1,027,928,114.31

        1919 -- Sylvia Beach opens Shakespeare & Company, first combination English-language book shop & lending library in Paris; befriends many of world's writers, particularly in the 1920s/30s, when her shop was a gathering place for expatriate writers & French authors pursued newfound interest in U.S. literature. She also published the first edition of Joyce's Ulysses.

        1923-Edward Miguel “Mike” Garcia, baseball player born at San Gabriel, CA. Garcia, known as the “Big Bear,” was one of the Cleveland Indian’s best starting pitchers in the early 1950s. He won 19 games in 1954 when the Indians won the American League pennant. Died at Fairview Park, OH. January 13,1986

        1930-Robert Bruce “Bob” Mathias birthday, former congressman and Olympic gold medal decathlete, born Tulare, CA.

        1930-composer David Amram born Philadelphia, PA

        1933 - The movie The Invisible Man opened to audiences. Actor Claude Rains made his film debut in it.

        1935-trombone/French horn player Roswell Rudd born, Sharon, CT

        1938 - Orchestra leader Kay Kyser, spoke to a College of the City of New York (CCNY) audience about the "inner workings and artistic features of swing music." It was the first of a series of lectures on swing music given by Kyser, who went on to radio to present "The Kollege of Musical Knowledge".

        1938 –Guitarist/singer Gordon Lightfoot born Orillia, Ontario, Canada.

        1941 - Less than a month before Pearl Harbor, Japanese Prime Minister General Tojo outlined a three-point plan he said was aimed at peace in East Asia.

       1941 - Ernst Udet, WWI flying Ace, head of the German Luftwaffe Ordnance Department, commits suicide after disagreements with the Nazi leadership.

       1944-Birthday of Baseball Hall of Fame pitcher George Thomas “Tom” Seaver, Fresno, CA.

       1947-Sam Donahue cuts “Sax-O-Boogie,” Capital 1508.

        1948-Howard Dean birthday, presidential candidate and Governor of Vermont (D), born East Hampton, NY

        1948---Top Hits

Buttons and Bows - Dinah Shore

On a Slow Boat to China - The Kay Kaiser Orchestra (vocal: Harry Babbitt & Gloria Wood

A Tree in the Meadow - Margaret Whiting

One Has My Name (The Other Has My Heart) - Jimmy Wakely

        1949-The first transatlantic airplane flight carrying 100 people was “The Champ,” a four-engine Air Force C-47, Globemaster 82 tons, built by the Douglas Company, Santa Monica, CA. It was commanded by Captain John M. Kelly of west Palm Beach, FL. The plane took off at 3:35pm from Mobile, AL with 103 persons aboard, including 90 Air Force replacement personnel and a crew of 13. It landed at Marham, England, at 7:305pm on November 18. Total flying time was 23 hours.

        1952 - Hawaii's first television station, KONA in Honolulu, began operation.

        1954 - Golfer Arnold Palmer turned professional when he signed a contract with Wilson Sporting Goods.

        1956---Top Hits

Love Me Tender - Elvis Presley

The Green Door - Jim Lowe

Singing the Blues - Guy Mitchell

Singing the Blues - Marty Robbins

      1962- President Kennedy dedicates Dulles International Airport outside Wash DC

        1964- The Mets sign Yogi Berra to a two-year contract as a coach.

         1964---Top Hits

Baby Love - The Supremes

Leader of the Pack - The Shangri-Las

Come a Little Bit Closer - Jay & The Americans

I Don’t Care (Just as Long as You Love Me) - Buck Owen

        1965-Baseball owners elected William D. “Spike) Eckert Commissioner of Baseball to replace the retiring Ford Frick. Eckert, a retired Air Force general and comptroller of the Air Force, proved to be a poor choice. He was removed from office in 1969.

       1968—The Heidi Game. Certainly John Madden on “Monday Night Football”

will mention this tonight. NBC Television cut away from the broadcast of a football game between the Oakland Raiders and the New York Jets with several minutes remaining on the clock in order to being a special production of “Heidi” on time. After the special began, the Raiders scored two touchdowns in the final minute to earn a 43-32 comeback victory. Football fans deluged NBC with telephone calls, and networks eventually decided to delay the start of regular programming if athletic events ran over their allotted time.

        1970 - On the former WABC-FM in New York, Elton John recorded an album live, marking the first time a concert was aired live while it was being recorded for release. It was titled, "11/17/70".

        1972---Top Hits

I Can See Clearly Now - Johnny Nash

I’d Love You to Want Me - Lobo

I’ll Be Around - Spinners

My Man - Tammy Wynette

        1973 - President Nixon told an Associated Press managing editors meeting in Orlando, Florida, that "people have got to know whether or not their president is a crook. Well, I'm not a crook."

        1980---Top Hits

Lady - Kenny Rogers

The Wanderer - Donna Summer

Another One Bites the Dust - Queen

Could I Have This Dance - Anne Murray

       1980 - Roger Mudd started work as NBC's chief Washington correspondent. Mudd left CBS after being passed over as a replacement for Walter Cronkite’s on "The CBS Evening News". Today he announces for “The History Channel” and is

an author of several books.,%20Roger

        1981 - On ABC's daytime drama, "General Hospital," Luke Spencer married Laura Baldwin in what was called "the wedding of the year". A television audience of 14 million viewers watched as they exchanged vows. The television couple would divorce in 2001.

       1982- NFL Strike Ends: NFL players, on strike for two months, ended their walkout, but the season, originally set for 16 games, had to be cut to nine games. The regular play-off arrangement was also scrapped, replaced by a special Super Bowl Tournament involving the 16 teams with the best records.

        1985- Bhagwan with his Oregon sex cult dismantled and his ninety-three Rolls Royces sold off after his arrest for violating US immigration laws and bioterrorist followers busted for poisoning town-folk, Bhagwan Shree Rajneesh is deported to India where he dies in 1990.

        1988---Top Hits

Wild, Wild West - The Escape Club

The Loco-Motion - Kylie Minogue

Bad Medicine - Bon Jovi

Runaway Train - Rosanne Cash

        1993---Top Hits

I'd Do Anything For Love (But I Won't Do That)- Meat Loaf

Again- Janet Jackson

All That She Wants- Ace Of Base

Gangsta Lean- DRS

        1995 - Directed by Rob Reiner, The American President opened in United States theaters. The comedy-drama about a widowed US president and a lobbyist who fall in love, starring Michael Douglas, Annette Bening, Martin Sheen, and Michael J. Fox, did very well at the box office. The film was nominated for five Golden Globe awards, including Best Picture and Best Director.

        1998---Top Hits

Doo Wop (That Thing)- Lauryn Hill

Lately- Divine

Because Of You- 98 Degrees

The First Night- Monica

        2000- Pittsburgh catcher Jason Kendall signs the richest contract in Pirates' history. The $60 million, six-year contract extension, which includes a $4 million signing bonus, starts with a base salary of $6 million in 2002 and peaks at $13 million in 2007.



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The Leasing Academy


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For 2004, The Leasing Academy will hold 5 distinct classes twice a month throughout the U.S. Each class is designed to complete the educational process in the shortest possible time at the least possible cost.



NEW Schedule for 2004

Introduction to Leasing (M - $399 )
Accounting & Tax (T - $499)
Pricing (W - $499)
Credit (T - $499)
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This cycle repeats six times as follows:
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Mar 08-12 Dallas
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Jeffrey Taylor

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