Events This Week
Ranks Leasing Association Web Sites
Funding, Dania, Florida Complaint
Stock Offering to Close Today
Leasing Association Meeting
Website Ad-Jeff Taylor's "Education" Seminars
Leasing News November Edition
Finance Lender's License Web Addresses
Reports 14% Decrease in Net Income
Day in American History
Border ##### Denotes Press Release (Not Written By Leasing News)
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
Atlanta, GA. Consistent top performer, results
with outstanding sourcing, structuring and negotiation skills. Direct&
vendor development sales. Mid-market and above - Customers throughout
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.
24yrs exp.in 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. Email:GeorgeMinchew@sbcglobal.net
have an extensive sales and management background in equipment leasing.
My work history exhibits my major strength in small ticket equipment leasing.
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: firstname.lastname@example.org
Chicago, IL. Equipment leasing professional with 25+ years experience
in sales, sales management and debt placement. Excellent communication
skills, strong credit & financial understanding. email@example.com
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:
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. Email:firstname.lastname@example.org
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:
representative: Seek employment or partnership w/estab. finance group.
Prior engineer making career change. Have pursued extensive self-education/
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: email@example.com
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. Email:firstname.lastname@example.org
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: email@example.com
equipment leasing professional, with over 10 years of experience, looking
for position in business development in Northern Florida territory.
have been in leasing/financing of construction, machine tool, and mfg
equipment for 20+ years. Traveled KY, IN, OH and TN.
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: firstname.lastname@example.org
Mission Viejo, CA
Sales Executive with 10 years of leasing experience looking for company
to bring existing customer base.
Orange County, CA.
deal-closer at above-average rates. Entrepreneurial. Accomplished lease-structurer
specializing in transportation. Exp. in direct/captive & syndicator
environments servicing vendors, brokers, & end-users.
Philadelphia , PA Seeking an open opportunity
advance in the automotive, commercial leasing & finance industry.........
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 email@example.com
Port St. Lucie, Southeast, FL.
experience in middle market leasing sales. Consistent producer, strong
credit, organizational and territory management skills. Seek position
with bank related or captive organization. firstname.lastname@example.org
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. Email:email@example.com
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.
St. Louis, MO
equipment finance sales professional looking for a new challenge which
rewards success. Equipment type and location open provided you want business.
San Bernardino, CA.
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
San Francisco Bay Area, CA
yrs in middle market leasing. Seek direct lessor only. Transaction size
from $500M to $10.0MM. Client base: printing, food, retail, manufacturing.
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: firstname.lastname@example.org
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: email@example.com@triit.com
lists of all Classified Ads at:
Events This Week
Price Index: October
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 firstname.lastname@example.org
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.
Ranks Leasing Association Web Sites
||www.leasingnews.org Kit Menkin's Leasing News
||www.aba.com American Bankers Association
||www.monitordaily.com Monitor Daily
||www.elaonline.com Equipment Leasing Association
||www.nacha.org The Electronic Payments Association
||www.Leasingpress.com Leasing Press
||www.pblaw.com/newsletters/bln/ Bus. Leasing News
||www.ibaa.org Ind Community Bankers of America
||www.uael.org United Association of Equipment Leasing
www.cfa.com Commercial Finance Association
||www.lessors.com eLessors Networking Association
||www.executivecaliber.ws Exec Caliber-Jeffrey Taylor
||www.leasefoundation.org Equip. Leasing & Fin Fndn
||www.efj.com Equipment Financial Journal
||www.nvla.org National Vehicle Leasing Association
||www.naelb.org National Assoc. of Equip Leasing Brokers
||www.clpfoundation.org CLP Foundation
||www.iicl.org Institute of International Container Lessors
||www.eael.org Eastern Association of Equipment Leasing
||www.nationalfunding.org The National Funding Assoc.
||www.leasingtoday.com Leasing Today
||www.aglf.org Assoc of Government Leasing Financing
||www.mael.org Mid-America Association of
||www.leasecollect.org Lean -Lease Enforcement Att Net
comparison are compiled by Leasing News using Alexa and should be viewed
as a "sampling," rather than actual count from the website itself.
Alexa tool bar works on most browsers. They are partnered with Google.
You may download their free tool bar.
learn more about how the rankings work:
Board Complaint---Aventura Funding Corp. Dania, Florida
17027 W DIXIE HWY
AVENTURA FL 33160
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):"
Tuesday, November 11, Leasing News posted this complaint on our Bulletin
= ronald bucci
Address = 3009 smith rd
City = akron
State = oh
Zipcode = 4433
Phone = 3309035224
Fax = 3306705334
Email = email@example.com
or Questions= hello,
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..
commitment letter covered both a "capital lease" and "finance lease, and
calls it "Earnest Money:
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."
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.
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'."
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
Business Services Stock Offering to Close Today
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.
trade it was $15.25, down $1.25 from its high, according to Yahoo Finance.
News has been working on several stories regarding Marlin, and will make
its report after the stock issue has closed.
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.
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
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.
Leasing Association Meeting
new regional Arizona organization,AELA, had its 2nd meeting 11/13 at
Al's in Phoenix.
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,
happy hour environment allowed attendees to initiate new relationships,
and strengthen existing ones and the Arizona weather was perfect....for
the outdoor patio setting!
equipment finance s
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
received an e-mail, telling us our account would expire in five days
we did not up-date it. I didn’t understand it, especially since
paypal is addressed to Maria (Martinez-Wong,) so I referred it
her and asked what it was about.)
is a Hoax e-mail. I called paypal and they said that first they do not
to you as "Dear PayPal Member" they always use your name and second if
notice the "To:" section is address to and admin email. We don't have
anybody can type anything before @leasingnews.org and you will get the
You are set to receive all the other email as the administrator.
worry about the account. I double- checked and they said the account is
expiring. I am going to report this email with PayPal, they have a
for them to research the email.”
The hoax e-mail:
YOUR PAYPAL.COM ACCOUNT EXPIRES
Thu, 13 Nov 2003 21:46:06 -0500
would like to inform you about some important information regarding
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.
are taking these actions because we are implementing a new security
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.
do not send your personal information through email,
it will not be as secure.
If you do not update your information with our secure
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
day and complete this now.
NOT REPLY TO THIS MESSAGE VIA EMAIL! This mail is sent by an automated
message system and the reply will not be received.
you for using PayPal.
Website Ad—Jeff Taylor’s “Education” Seminars
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.
Schedule for 2004
to Leasing (M - $399 )
Accounting & Tax (T - $499)
Pricing (W - $499)
Credit (T - $499)
Sales (F - $299)
cycle repeats six times as follows:
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
Out The Leasing Academy
New York (Introduction To Leasing)
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
York (Accounting & Tax)
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
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
discuss your training needs.
Seeks experienced small ticket B2B leasing sales professionals in
the western U.S. Very generous commission sharing with salary draw
and benefits. Resumes firstname.lastname@example.org
Leasing News November Edition
BLN should be out tonight or tomorrow. It's got some
stories on workouts with equity sponsors and lenders, syndicated loan
for administrative agents in an Enron case, the latest on the
tanker lease program, The USA Patriot Act, the Basel Accord and more.
of: Business Leasing For Dummies
of: Business Leasing News
UniCredito Decision: Agent Banks Avert Liability in Enron Syndicated Loan
Growth Spurt in the Third Quarter May Jump Start Leasing
Sponsors and Lenders Strike a Balance in Workouts
II Accord Delayed by Protest of U.S. Financial Institutions
767 Tanker Lease Program Slimmed Down
101: What Is an “Involuntary Bankruptcy”?
Briefs: New Terrorism Insurance Regulations; Patriot Act Challenges; FASB
Fixes QSPEs and VIEs; Corporate Tax Relief Advances
Offered; Recent Publications
Finance Lender’s License Web Addresses:
out if company is licensed:
you are doing “true,” “tax” or real “operating
a rental yard would do, the transactions you are involved in
in “jeopardy” as well as your company and yourself. That
not an opinion. It is a fact. editor.)
Press Release ###############################
Inc. Reports 14% Decrease in Net Income
November 13, GE Capital announced it would be acquiring HPSC
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?)
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.
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
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.
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.
Inc. is a leading non-bank financial services company providing leasing
and financing opportunities to the medical and dental professions in all
Inc. John W. Everets, 617-720-3600
Press Release #################################
Established, reputable, lessor seeking a successful, ethical,
small ticket sales professional to establish telecom dealer relationship
in our East Territory.
Patriots keep Parcells and Cowboys scoreless
Raiders might face THG suspension
Future Owner Keeps Low Profile, Loyal Friends
inauguration won't be glitzy
World Wants More News about Arnold in California
the San Jose Chamber of Commerce Dinner, Arnold Introduced himself as
ran a great race, but can he govern?
Pays $17.5 Million for De Loach http://www.winespectator.com/Wine/Daily/News/0,1145,2257,00.html
Noir Charity Event Raises $200,000
trend could set wine industry on its head
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 email@example.com and reference leasingnews in subject line.
Day in American Leasing
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.
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.
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
- 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.
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,
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
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.
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.”
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
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.
Confederate Secretary of War George B Randolph resigns (grandson of Thomas
Jefferson, another trivia fact: his portrait appears on the $100 Confederate
bill). after only 8 months because of conflicts with Confederacy President
of an interesting letter sent to Randolph when he was Secretary of War:
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.”
Suez Canal opens.
lower half of: http://memory.loc.gov/ammem/today/nov17.html
Progressive Era reformer Grace Abbott was born in Grand Island, Nebraska.
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.
Psi Phi, fraternity, founded on the campus of Howard University.
Shorty Sherock born Minneapolis, Minn
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.
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
-- 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.
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
Bruce “Bob” Mathias birthday, former congressman and Olympic
gold medal decathlete, born Tulare, CA.
David Amram born Philadelphia, PA
- The movie The Invisible Man opened to audiences. Actor Claude Rains
made his film debut in it.
horn player Roswell Rudd born, Sharon, CT
- 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".
–Guitarist/singer Gordon Lightfoot born Orillia, Ontario, Canada.
- 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.
- Ernst Udet, WWI flying Ace, head of the German Luftwaffe Ordnance Department,
commits suicide after disagreements with the Nazi leadership.
of Baseball Hall of Fame pitcher George Thomas “Tom” Seaver,
Donahue cuts “Sax-O-Boogie,” Capital 1508.
Dean birthday, presidential candidate and Governor of Vermont (D), born
East Hampton, NY
and Bows - Dinah Shore
a Slow Boat to China - The Kay Kaiser Orchestra (vocal: Harry Babbitt
& Gloria Wood
Tree in the Meadow - Margaret Whiting
Has My Name (The Other Has My Heart) - Jimmy Wakely
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.
- Hawaii's first television station, KONA in Honolulu, began operation.
- Golfer Arnold Palmer turned professional when he signed a contract with
Wilson Sporting Goods.
Me Tender - Elvis Presley
Green Door - Jim Lowe
the Blues - Guy Mitchell
the Blues - Marty Robbins
President Kennedy dedicates Dulles International Airport outside Wash
The Mets sign Yogi Berra to a two-year contract as a coach.
Love - The Supremes
of the Pack - The Shangri-Las
a Little Bit Closer - Jay & The Americans
Don’t Care (Just as Long as You Love Me) - Buck Owen
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.
Heidi Game. Certainly John Madden on “Monday Night Football”
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.
- 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".
Can See Clearly Now - Johnny Nash
Love You to Want Me - Lobo
Be Around - Spinners
Man - Tammy Wynette
- 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."
- Kenny Rogers
Wanderer - Donna Summer
One Bites the Dust - Queen
I Have This Dance - Anne Murray
- 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”
author of several books.
- 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.
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.
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.
Wild West - The Escape Club
Loco-Motion - Kylie Minogue
Medicine - Bon Jovi
Train - Rosanne Cash
Do Anything For Love (But I Won't Do That)- Meat Loaf
That She Wants- Ace Of Base
- 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.
Wop (That Thing)- Lauryn Hill
Of You- 98 Degrees
First Night- Monica
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.