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About the Company: A rapidly expanding Middle Market Leasing / Finance Company located in CT. Equilease Financial Services, Inc |
Headlines---
Classified
Ads-- Contract Administrator
“Think
Again!” says ELA Mike Fleming
Cartoon---Bob
Teichman School of Easter Business
From
our Archives—April 27,2000 Paul J. Menzel, CLP
April
Mayer Business Leasing News
Leasing
Association Conferences
FirstLease
Forms Municipal Leasing Division
######## surrounding the article denotes it is a “press
release”
-------------------------------------------------------------------------------
Classified
Ads-- Contract Administrator
Contract Administrator:
Chicago/Naperville
18+ years experience
in leasing US/Europe, as both lessee and lessor. Am versatile and adaptable
to lessee, lessor, or lender career opportunity. Email:kris_k11@yahoo.com
Contract Administrator:
Lewisville, TX. 2 1/
2 Years banking experience
& almost 3 years Leasing experience. ( Contract Admin.) hard Worker,
learns quickly & willing to relocate. Email: talbotjtalbot2@aol.com
Contract Administrator:
Los Angeles, CA Documentation Manager; 25+ years experience; strong
documentation skills; solid reputation for submitting complete funding
packages consistently resulting in same day fundings; will consider
reasonable commute.
Email: sgrigs@netzero.net
Contract Administrator:
Portland, OR.
6+ years small ticket
leasing/financing. Documentation/funding
Policy development
&implementation, management &training, process mapping, customer
service, broker, vendor, portfolio experience.
Email: susanc777@hotmail.com
Contract Administrator:
Ridgewood, NJ.
Organized person
with two years leasing experience to document and book deals. Work with
customers, vendors and funding sources to process, fund and track leases.
Email: twslevin@ffcsi.com
Contract Administrator:
San Diego, CA.
16 years experience
with Capital Equipment and Semiconductor Manufacturing equipment leasing
for Asia/Europe/US. Strong communication, documentation, management,
negotiation, and training skills.
Email: pcgaynor@adelphia.net
Contract Administrator:
Schaumburg, IL
10 yrs. small/mid-ticket
leasing. Proficient in documentation, funding and legal. Worked with
brokers, portfolio purchases, vendor programs, municipal transactions.
Prefer to stay in Suburban Illinois. Email:sophie1900@msn.com
Full listing on jobs wanted at: http://64.125.68.90/LeasingNews/JobPostings.htm
-------------------------------------------------------------------------------
Do
you think that the Current Tax-Exempt Leasing Proposals Do Not Apply
To You? Think Again!
by Michael Fleming, CAE,
President of the Equipment Leasing Association
There are several
major anti leasing proposals targeted at tax-exempt leasing. Treasury has a set of well publicized proposals
as does the Senate Finance Committee. Individuals in Congress are stepping up the rhetoric referring to
transactions with tax-exempt entities as "loopholes", "abuses",
"subsidies" and even "fraud". The anti-leasing proposals and ELA materials
designed to counter the misinformation and misunderstanding have been
widely distributed and discussed and are available at http://www.elaonline.com
Lessors are concerned
about the proposals but the biggest reaction I get is that "they
don't apply to me". This
is a very dangerous reaction. Here
is why. Take any point in the commentary and / or proposals
and cross out the phrase tax-exempt or tax-indifferent entity. Now substitute the phrase taxable. The tax principles involved in the current
debate are being conducted within the context of leasing to tax-exempts,
but the principles are in debate! Look
at the key principles.
The assets subject
to lease financing. Proponents
of the anti-leasing proposals express opposition to certain assets being
appropriate for leasing. Subway
systems and water systems are mentioned most frequently.
Are private bus systems next then followed by environmental equipment?
Geographic location. Proponents of the anti-leasing proposals express
opposition based on the assets being in a foreign country.
Nature of the lessee. Proponents of the anti-leasing proposals express
opposition to certain kinds of lessees such as cities or other tax-exempts.
This opposition also extends to a foreign lessee, particularly
if it is a foreign government entity.
Transaction structure.
All of a sudden policy makers don't like the concept of structured
financing. Why? Complexity
or absence of transparency. This
in spite of the fact that intelligence / knowledge is the biggest competitive
advantage America has in its products worldwide. Do officials want to dumb down financial transactions?
Risk. Much of the criticism is around various forms
of credit enhancement used in transactions of all kind but sited as
abusive in tax-exempt leasing. Residual
value insurance and defeasance are most commonly criticized.
Transfer tax benefits.
"Cities are not entitled to take depreciation," some
shout, "so why should a lessor get to take it?"
Notwithstanding decades of tax law and opinion that lessors who
are the owners of equipment for tax purposes and Congressional legislation,
transferring tax benefits is not well understood.
I recently asked a senior Senate staff member if she felt it
was acceptable for a currently non-taxpaying corporation to lease equipment
and the lessor to take depreciation. She said, "of course," but she saw
the inconsistency with her opposition to a tax-exempt doing a similar
lease transaction.
Passive loss rules. Treasury wants to extend passive loss rules
to certain transactions to tax-exempts that would limit any tax deductions
to taxable revenue in a given year on an asset by asset basis. This would severely, even fatally limit leasing
transactions because the incentive value of tax depreciation would be
denied to lessors.
The principle of
the level playing field in which we regard the lessor as owner of equipment
in the conduct of its business of providing the use of assets is market
oriented and fundamental to our business.
No limits based on assets or lessees or geography.
Lessors put up money, are at risk and provide a major value for
all kinds of organizations. This
and other principles could be undermined by Congress and / or the Administration.
Throughout the 1980's,
equipment leasing was constantly in play.
Every Congressional office, both members and staff, had ongoing
dialogue with ELA members about the value of leasing and how it works. Members had relationships with the "hill"
through visits and by phone. The
annual Capital Hill day would always have 150 - 200 people for two days.
The leasing community had dialogue with the policy makers.
Now we have a new
generation of policy makers. Because
we have kept equipment leasing out of the policy making arenas, we have
not had the kind of dialogue that leads to understanding and support. We need to change that NOW.
(This was written to Equipment Leasing Association members to encourage
participation to Attend Capitol
Hill Day 2004
May 11-12, The Willard Hotel, Washington, D.C.
Editor)
“I have been in the
leasing and financing industry for 40 years and I still learn something
new every day.
“Currently I am a
trainer and consultant to lessors, brokers, banks and
other companies and associations which are involved
with equipment leasing and financing. I am active with the industry
and am a member of the Board of Directors of the United Association
of Equipment Leasing (my fourth year on the Board) as well as on Kit
Menkin's Leasing News Advisory Board. I earned my CLP designation in
1994 and I am still active in the Certification Program ( He is not
only one of the contributing writers to the text, but was instrumental
in its first publication.)
“ I was born and
raised in the Bronx in New York. Went to the High
School of Music &
Art ( of "Fame" fame) and worked my way through Columbia College
playing piano in a union band ("Local 802, American Federation
of Musicians, James C. Petrillo presiding"). I also attended the
New York College of Music .I did my graduate work at the University
of Geneva, Switzerland where I met my wife Pat.
“Patty and I met
when she was working at the International Labor
Organization, an
agency of the UN, and I was in graduate school in Geneva. As you are
aware, she is British, and she comes from the small town of Croxley
Green near London. It's a lovely place in the Hertfordshire countryside.
We will be celebrating our 43rd wedding anniversary this year. I don't
know that I have any magic formula for a long marriage, except understanding,
compromise and a lot of patience. (She is also a painter, watercolors.)
“We left Europe during
the Cuban missile crisis in 1962 and
made our way to California where I got into the car leasing business.
I believe we (Kit and Bob) met
sometime around 1975 when I was with Crocker Bank in the leasing department.
I got to be pretty good at starting (or re-starting) leasing businesses.
Start-ups included Dividend Financial, Sumitomo Bank Business Credit
and New England Capital's West Coast office. And, of course, my current
business, Teichman Financial Training. The re-start was Intercoastal
Leasing. Lots of challenges and all interesting projects.
“I continue to be
interested in music and have performed with local choruses for the past
19 years. My hobbies include listening to, playing and singing classical
music, and spending time at
our small and very primitive cabin in the Sierras.”
Bob Teichman, CLP
Teichman Financial Training
3030 Bridgeway, Suite 213
Sausalito, CA 94965
Tel: 415-331-6445
Fax: 415-331-6451
e-mail: BoTei@aol.com
"Providing education and training to the equipment leasing and
financing
industry."
From
our Archives April 27,2000—Paul J. Menzel, CLP
" Brokers should
consider high quality, stable companies that have a strong track record
when it comes to supporting the broker community. In choosing a funding
source, choose one that is growing, even when other sources are pulling
out of the broker marketplace. Ask your funding sources about their
commitment to broker business, and get them to prove it."
Paul is kind enough
to give us an "early edition" of his latest newsletter, coming
out soon, he adds, germane to the topic:
SURVIVAL OF THE FITTEST
Pick Your Funding
Partners Carefully
Over the last eight
years, the Leasing Industry has enjoyed the strongest supply of capital
it has ever seen. This is a result of the growth and acceptance of equipment
backed securities, combined with the most robust economy in our history.
We are experiencing a very fundamental lesson of supply & demand
economics. The consumer, sharing the benefits with financial intermediaries,
has reaped the rewards of a significant incremental increase in the
supply of leasing capital.
The consequences,
and consumer benefits, of such an imbalance has caused funding sources
to climb over each other to compete for assets. The increased competition
has come in the form of relaxed credit standards and skinnier spreads.
The unprecedented growth we have all enjoyed, however, does not come
without risk.
The recent spate
of funding sources consolidating or exiting the leasing business is
a disturbing manifestation of aggressive credit policies, driven by
keen competition and fueled by a torrential flow of capital. The disturbing
aspect of this phenomenon is that the deterioration of portfolio quality
is occurring when business expansion and employment are at all-time
highs.
The next challenge
to our industry will likely come from those capital markets that have
been developed over the last decade. Unfortunately, the capital markets
for equipment backed securities are extremely efficient, causing the
supply to be very fickle and reactionary. Any fear of credit quality
deterioration or economic contraction will quickly result in higher
costs and scarcer funds to the Leasing Industry
. I am sincerely
hopeful that this scenario does not play out, but we mustn't bury our
heads in the sand. It is important for our Industry to recognize, appreciate,
and support the responsible deployment of capital. Our success is dependent
upon the fitness of our Industry's funding sources. Reasonable credit
risk at reasonable rates is a responsibility we all share * or there
won't be enough to share.
*************************************************
Paul J. Menzel, CLP
Senior Vice President
/ General Manager
Leasing Division
SANTA BARBARA BANK & TRUST
P.O. Box 1199
Santa Barbara, CA
93102-1199
1 South Los Carneros
Road Goleta, CA 93117
(805)560-1650
http://two.leasingnews.org/archives/April/4-27-00a.htm
-------------------------------------------------------------------------------
April
Mayer Business Leasing News
Business Leasing
News for April 2004 is available at: http://www.pattonboggs.com/Newsletters/Bln/Release/bln_2004_04.htm
The lead article
in this issue addresses the hot topic of enhancing risk management of
lease assets in light of the train bombing in Madrid. The question is
whether lessors and equipment lenders should take new or more effective
risk management measures to protect significant leased and financed
property from terrorism.
A second related
article discusses the improvement in the stability, pricing and coverage
available in the insurance markets affecting lessors and lenders.
I will be covering these topics and others in a speech at the ELA's
Large Ticket Conference in Dana Point, CA on April 27, 2004.
BLN Case & Comment,
a new department of BLN, summarizes an important tax memorandum of the
IRS distinguishing sale-leasebacks from financings.
Last, but not least, BLN updates you on Basel II, helicopter sales
growth and Boeing's troubles with the tanker lease of 100 KC 767 Aircraft.
In an interesting twist, the Inspector General of the Pentagon, Joe
Schmitz, is a former partner of my firm.
David
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
Founder & Publisher of Business Leasing News
http://www.pattonboggs.com/newsletters/bln
Leasing
Association Conferences
April 22-25 Phoenix,
Arizona
United Association
of Equipment Leasing
uael.org
April 27 Dana Point, California
Equipment Leasing Association
Elaonline.org
April 29-May 1 Las
Vegas, Nevada
National Association
of Equipment Leasing Brokers
naelb.org
May 5-7 Boston, Massachusetts
Association for Governmental
Leasing & Finance
September 27, 2004
Eastern Association
of Equipment Lessors
www.eael.org
### Press Release
##############################
GE
earnings up 8%
GE Delivers First-Quarter
Earnings of $.32 Per Share, With Revenues Up 10% and Cash Flow Up 67%
FAIRFIELD, Conn--GE's
first quarter 2004 earnings were $3.2 billion, or $.32 per share, up
1% over first quarter 2003 earnings before the effect of a required
accounting change, the Company announced today. Excluding non-cash earnings
from GE's U.S. pension plans and Energy, which entered the final year
of lower earnings from declining gas turbine sales, earnings increased
16%.
"Once again GE delivered excellent operating performance,
with cash from operating activities growing 67% and nine of our 11 businesses
contributing double-digit improvements to earnings," said GE Chairman
and CEO Jeff Immelt. "In addition, total industrial orders for
the quarter grew 20%, building on our fourth-quarter momentum. With
first quarter results coming in at the top of our range, and second
quarter operations on track to do the same, we feel very good about
2004.
"We continued to make great progress on our growth initiatives
in the quarter," Immelt said. "Orders for services grew 8%;
our growth platforms increased revenues 29%; we continued to grow globally;
and our investments in technology continued to pay off in important
customer wins, including Boeing's selection this week of our GENX engine
to power its new 7E7 Dreamliner aircraft. I'm very proud of the entire
Aircraft Engines team.
"During the quarter, we also made excellent progress on the
transformation we started last year to expand our growth rate and increase
returns," Immelt said. "This morning we completed our acquisition
of Amersham, which will be combined with our medical business to form
the industry's most comprehensive healthcare diagnostics company. Next
month we expect to complete NBC's merger with Vivendi Universal Entertainment
and Genworth Financial's initial public offering. These actions, and
the continuing strength of the balance of our businesses, position us
for double-digit earnings growth in 2005."
GE (NYSE:GE) is a diversified technology and services company
dedicated to creating products that make life better. From aircraft
engines and power generation to financial services, medical imaging,
television programming and plastics, GE operates in more than 100 countries
and employs more than 300,000 people worldwide. For more information,
visit the company's Web site at http://www.ge.com.
CONTACT:General Electric,
Fairfield David Frail, 203/373-3387 david.frail@corporate.ge.com
### Press Release
##############################
FirstLease
Forms Municipal Leasing Division
FORT WASHINGTON,
PA ) – FirstLease, Inc., a subsidiary of Firstrust Bank, has formed
First Lehigh Capital a new division to originate municipal leases. First
Lehigh Capital will be staffed by the team of leasing professionals
from Lehigh Capital Access.
“Municipal leasing
is a great addition to our product line. Our equipment vendors want
to work with a single leasing source for commercial and municipal transactions.
Now, with the team of professionals hired from Lehigh Capital Access,
we have the in-house expertise to offer municipal leasing solutions,”
explains Hugh Connelly, chief operating officer of FirstLease, Inc.
“Municipal leasing can be very complex as each state has its own legal
and documentary requirements. It is not as standardized as commercial
leasing. Therefore, we needed to find a team of experienced professionals
to guide us into this new product segment.”
Bob Kalb, former
President of Lehigh Capital Access, will manage the new municipal division,
First Lehigh Capital. He will report to Connelly. In addition, Kalb
has brought his entire team with him to FirstLease. Kalb and his team
have well over 50 years of combined experience in municipal leasing.
“I am thrilled to
be affiliated with FirstLease and its parent, Firstrust Bank. Being
part of a bank-owned subsidiary makes our life so much easier,” said
Kalb. “We can focus on serving our customer’s needs and not how to fund
each lease.”
FirstLease Inc. is
a subsidiary of Firstrust Bank, one of the strongest banks in the U.S.
with assets in excess of $2 billion and 24 banking offices. Founded
in 1934 by Samuel A. Green, Firstrust is a privately held, family owned
commercial bank now led by the third generation of the Green Family,
Richard J. Green.
Additional information
about the entities mentioned in this news release can be obtained by
visiting these web sites:
FirstLease, Inc.
- www.firstleaseonline.com
First Lehigh Capital
– www.firstlehighcapital.com
Firstrust Bank -
www.firstrust.com
### Press Release
#######################
-------------------------------------------------------------------------------
Classified
Ads—Help Wanted
Current Openings
Accounting
 Accounting: PricewaterhouseCoopers seeks individuals with experience in commercial equipment leasing to help clients improve their leasing businesses by designing, developing, and implementing solutions to accounting & operational issues. Email: anthony.g.anderson@us.pwc.com About the Company: PricewaterhouseCoopers, New York, NY. |
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Credit and Documentation Administrator
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About the Company: www.leasingpartnerscapital.com |
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Middle Market Sales Representative
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About the Company: A rapidly expanding Middle Market Leasing / Finance Company located in CT. Equilease Financial Services, Inc |
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Sales
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About the Company: Dimension Funding, LLC Formed in 1979. Located on 17748 Sky Park Circle, Irvine, CA. 92614. Website: www.dimensionfunding.com |
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Syndicator
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About the Company: A rapidly expanding Middle Market Leasing / Finance Company located in CT. Equilease Financial Services, Inc |
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Title Clerk
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About the Company: A rapidly expanding Middle Market Leasing / Finance Company located in CT. Equilease Financial Services, Inc |
[Top]
News Briefs----
Jobless claims at
lowest level since early 2001, retail sales solid, good signs for economy
http://www.signonsandiego.com/news/business/20040408-1409-economy.html
Nation's retailers
record strong March sales
http://www.signonsandiego.com/news/business/20040408-1404-retailsales.html
CALIFORNIA
Population fell in
S.F., other parts of Bay Area
But Central Valley,
Southern California grew by thousands
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/04/09/CENSUS.TMP
Mortgage rates keep
rising, highest since January
http://www.usatoday.com/money/perfi/housing/2004-04-08-mortgage_x.htm
Dell says it's on
track to meet $60 billion goal
http://www.usatoday.com/money/industries/technology/2004-04-08-dell-2007_x.htm
Sports Briefs---
Padres 4, Giants
3, 10 innings, Bonds Hitless
http://www.sfgate.com/cgi-bin/article.cgi?f=/news/archive
/2004/04/08/sports0154EDT0065.DTL
Sharks 1, Blues 0,
OT
http://www.mercurynews.com/mld/mercurynews/8390821.htm
Despite overall salary
drop, Red Sox second largest salary in league
------------------------------------------------------------------------------
“Gimme this Wine”
Wine expert forecasts
new boom for industry
http://www.pressdemocrat.com/business/news/08wine_e1.html
Vintners search globally
for oak with distinction
http://seattletimes.nwsource.com/html/businesstechnology/2001898187_winebarrels08.html
Fess Parker still
wears coonskin crown
http://www.sunherald.com/mld/sunherald/entertainment/movies/8376382.htm
The Ultimate Australian
Wine Guide is Here
http://www.vino.com/press/press_release.asp?PRID=304
Investigating the
quality of grape from the genes
http://www.innovations-report.com/html/reports/life_sciences/report-27952.html
Sweet Dessert Wines
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/04/08/WIGBF61FGT1.DTL
Anheuser-Busch to
Offer Fresh Brewed Beer
A Twilight Nightcap
With Alistair Cooke—Frank J. Prial
http://www.nytimes.com/2004/04/07/dining/07WINE.html
1731-“ War
of Jenkin’s Ear.” Spanish guardacosta boarded and plundered the
British ship Rebecca off Jamaica, and, among other outrages,
cut off the ear of English master mariner Robert Jenkins. This had repercussions
in the southern Colonies. It
took several years to brew. Smuggling
was quite common on the open seas, including plundering of smaller ships. The war took its name from Robert Jenkins,
captain of the ship Rebecca, who claimed Spanish coast guards had cut
off his ear in 1731. He exhibited
the ear in the House of Commons and so aroused public opinion that the
government of the British Prime Minister Robert Walpole reluctantly
declared war on October 23,1739. Basically,
the war was one of commercial rivalry between England and Spain By the
treaty of Utrech(1713), which ended Queen Anne’s War, Britain was to
be allowed to participate in slave traffic with the Spanish colonies.
A special Spanish fleet, however, interfered with this activity and
the Spanish also objected to the English logwooders operating on the
coast of Honduras. The other
cause of the war was the continued dispute over the boundary of Spanish
Florida in relation to Georgia. As
soon as war was declared, Gov. James Edwoard Oglethorpe called on citizens
of Georgia and South Carolina to join in an invasion of Florida. The Spanish retaliated by attempting to invade
those colonies by sea. By 1739,
Oglethorpe had completed military fortifications on Amelia, Cumberland,
St. Andrew’s, and St. Simon’s islands as a line of defense against possible
Spanish encroachment. he also had reached peace agreements with the
Creeks and other Indian tribes in the region.
1816-The first all-black US religious denomination,
the American Methodist Episcopal Church was organized at Philadelphia
with Richard Allen, a former slave who had bought his freedom, as the
first bishop.
1833-the first free public library was established
in Peterborough, NH. The funds
for its creation came from state monies that had originally been appropriated
for a state university and were then distributed to towns to use for
educational purposes. An earlier,
but unsuccessful attempt to establish a free public library was made
in New Orleans, LA, by the philanthropist Judah Touro, who founded the
Touro Free Library Society in 1824.
1865- At 1:30 PM General Robert E. Lee, commander
of the Army of Northern Virginia, surrendered to General Ulysses S.
Grant, commander-in-chief of the Union Army, ending four years of civil
war. The meeting took place in the house of Wilmer McLean at the village
of Appomattox Court House, Virginia. Confederate soldiers were permitted
to keep their horses and go free to their homes, while Confederate officers
were allowed to retain their swords and side arms as well. Grant wrote
the terms of surrender. Formal surrender took place at the Courthouse
on April 12. Death toll for the Civil War is estimated at 500,000 men.
http://memory.loc.gov/ammem/today/apr09.html
1866- a Civil Rights act was passed over President
Andrew Johnson's veto, who wanted to "punish the South" instead
of follow President Lincoln's reconstruction plan. The act granted citizenship to all persons
born in the U.S., except Indians. It
declared that all citizens had the same civil rights and provided for
the punishment of persons who prevented free exercise of these rights.
The Fourteenth Amendment was proposed when the constitutionality of
the first section of this act was questioned.
1879-birthday of W.C. Fields, stage and motion
picture actor (My Little Chickadee), screenwriter and expert
juggler. Born Claude William Dukenfield at Philadelphia, PA; died Dec
25, 1946, at Pasadena, CA. He wrote his own epitaph: "On the whole,
I'd rather be in Philadelphia."
1898- Paul Robeson, born at Princeton, NJ,
was an All-American football player at Rutgers University and received
his law degree from Columbia University in 1923. After being seen by
Eugene O'Neill in an amateur stage production, he was offered a part
in O'Neill's play The Emperor Jones. His performance in that
play with the Provincetown Players established him as an actor. Without
ever having taken a voice lesson, he also became a popular singer. His
stage credits include Show Boat, Porgy and Bess, The Hairy Ape
and Othello, which enjoyed the longest Broadway run of a Shakespeare
play. In 1950 he was denied a passport by the US for refusing to sign
an affidavit stating whether he was or ever had been a member of the
Communist Party. The action was overturned by the Supreme Court in 1958.
His film credits include Emperor Jones, Show Boat, King Solomon's
Mines and Song of Freedom, among others. Robeson died at
Philadelphia, PA, Jan 23, 1976.
1898-Earle Louis “Curly” Lambeau, Pro Football
Hall of Fame coach and executive born at Green Bay, WI. Lambeau played college football at Notre Dame
and then founded the Green Bay Packers in 1919. He played for the Packers from their inception through 1927 and
coached them from 1919 through 1949.
Inducted as a charter member of the Hall of Fame in 1963. Died at Sturgeon Bay, WI. June 1, 1965.
1904-trumpterer Sharkey Bonano born Milneburg,LA.
http://schools.bigchalk.com/members/lakeshorelinks/themusic/jazz/josephgustafsharkeybonano
1912
– Fenway Park opened with the Boston Red Sox defeating Harvard 2-0.
Ted Williams, Carl Yastrzemski, Carlton Fisk, Jim Rice, Roger Clemens,
and Babe Ruth played ball at Fenway and faced the ‘Green Monster’, the
huge wall in left field. Until the Humane Society ordered him to stop,
Ted Williams used to take rifle shots at the many pigeons that flew
around the stadium. In 1954, a ball thrown to stop a player from making
a double out of a single, hit a pigeon in flight. Allegedly, the bird
fell to the ground, got up and then flew away to safer territory. The
ball deflected right to the second baseman, who put the tag on the runner.
LA
1913-birthday of John Presper Eckert, Jr.,co-inventor
with John W. Mauchly of ENIAC (Electronic Numerical Integrator and Computer),
which was first demonstrated at the Moore School of Electrical Engineering
at the University of Pennsylvania at Philadelphia Feb 14, 1946. This
is generally considered the birth of the computer age. Originally designed
to process artillery calculations for the Army, ENIAC was also used
in the Manhattan Project. Eckert and Mauchly formed Electronic Control
Company, which later became Unisys Corporation. Eckert was born at Philadelphia
and died at Bryn Mawr, PA, June 3, 1995.
1913- The Brooklyn Dodgers opened their new
ballpark, Ebbets Field, but lost to the visiting Philadelphia Phillies,
1-0, before a crowd of 10,000. Ebbets Field was named for Charles Ebbets,
the club’s principal owner, and built at a cost of $750,000. It remained
the Dodgers’ home until they abandoned Brooklyn for Los Angeles after
the 1957 season. ( and some of us never forgive them. editor
)
1920-Jazz accordian player Art Van Damme birthday
http://www.artvandamme.com/
1922-harmonica-guitarist Toots Thielmans born
Brussels, Belgium 1922. http://www.tootsthielemans.com/
1928 - Mae West made her glamorous debut
on Broadway in the classic production of "Diamond Lil". http://www.maewest.net/old/
1932- guitarist/singer Carl Perkins born
Tiptonville, TN Died January 19,1998
http://www.history-of-rock.com/perkins.htm
http://www.hotshotdigital.com/OldRock/CarlPerkinsBio.html
http://www.rockabillytennessee.com/legend_carl_perkins.htm
1939-on an Easter Sunday, African American
contralto Marian Anderson sang to open-air concert from the steps of
the Lincoln Memorial at Washington, DC, to an audience of 75,000, after
having been denied use of the Daughters of the American Revolution (DAR)
Constitution Hall. The event became an American anti-discrimination
cause célèbre and led First Lady Eleanor Roosevelt to resign
from the DAR.
1947-Baseball Commissioner A.B.”Happy” Chandler
suspended Brooklyn Dodgers manager Leo Durocher for one year because
of Durocher’s habit of consorting with unsavory characters, including
gamblers. Burt Shotton took of for Durocher and managed the Dodgers
to the National League Pennant.
1947 -the southern plains Tri-State tornado
tracked 170 miles through Texas, Oklahoma, and Kansas. This tornado
episode was probably a family of tornadoes. Nevertheless, damage was
at the F5 level (winds 260 mph plus). 181 people were killed, 970 others
were injured, and total damage was $9.7 million. Woodward, Oklahoma
was hit hard with 101 fatalities. The entire town of Glazier, Texas
was destroyed and never rebuilt as a town. A man looking out his front
door was swept by a tornado from his home near Higgins TX and carried
two hundred feet over trees. The bodies of two people, thought to be
together at Glazier TX, were found three miles apart
1953 - Warner Brothers, the first of the
major Hollywood studios to introduce 3-D motion pictures, chose this
day to premiere "The House of Wax" at the Paramount Theatre
in New York City. The stage show preceding the movie was headed by singer
Eddie Fisher. The film's stars, Vincent Price, Phyllis Kirk and Frank
Lovejoy attended the premiere.
1955---Top Hits
The
Ballad of Davy Crockett - Bill Hayes
Cherry
Pink and Apple Blossom White - Perez Prado
Unchained
Melody - Les Baxter
In
the Jailhouse Now - Webb Pierce
1956-Singer Nat King Cole is beaten up by
a group of racial segregationists in Birmingham, Alabama.
1959- Little League mounds are moved back
two feet (46 feet) in an effort to protect the batter.
1962 - the
34th Annual Academy Awards held at the Santa Monica Civic Auditorium
in Los Angeles, hosted by comedian Bob Hope. , "West Side Story",
was awarded the Oscar for Best Picture (Robert Wise, producer); Best
Director (Robert Wise and Jerome Robbins); Best Supporting Actor and
Actress (George Chakiris, Rita Moreno); Best Cinematography/Color (Daniel
L. Fapp); Best Art Direction/Set Decoration/Color (Boris Leven, Victor
A. Gangelin); Best Costume Design/Color (Irene Sharaff); Best Sound
(Fred Hynes-Todd-AO SSD & Gordon Sawyer-Samuel Goldwyn SSD); Best
Film Editing (Thomas Stanford); Best Music/Scoring of a Musical Picture
(Saul Chaplin, Johnny Green, Sid Ramin, Irwin Kostal). The Best Actor
award went to Maximilian Schell for his role in "Judgment at Nuremberg"
, and for the first time in Oscar history, the Best Actress award went
to an actress in a foreign film, Sophia Loren for the lead in "La
Ciociara" (or "Two Women"). "The Hustler",
"Splendor in the Grass" and "The Guns of Navarone"
won a total of four Oscars. Now, back to musicals -- the Best Music/Song
was "Moon River" (Henry Mancini-music, Johnny Mercer-lyrics)
from "Breakfast at Tiffany’s". The list of comedic and musical
movies from 1961 that were nominated but didn’t win is equally impressive:
"The Absent-Minded Professor", "The Parent Trap",
"The Children’s Hour", "Babes in Toyland", "Pocketful
of Miracles", "Flower Drum Song", "Fanny" http://www.infoplease.com/ipa/A0148869.html
1962- Keeping an Laotian prince waiting in
the White House, President Kennedy opens up the Washington's $23-million
dollar D.C. Stadium by tossing the ceremonial first pitch. Despite a
rain delay, the chief executive stays for the entire game and enjoys
seeing Mickey Vernons' Senators beat the Tigers, 4-1.
1963---Top Hits
He’s
So Fine - The Chiffons
South
Street - The Orlons
Can’t
Get Used to Losing You - Andy Williams
Still
- Bill Anderson
1965 - "TIME" magazine featured
a cover with the entire "Peanuts" gang. It was a good day
for Charlie Brown.
1965-Sixteen-year-old Lawrence Bradford of
New York City was the first black page appointed to the US Senate
1965-Dubbed the “Eight Wonder of the World,”
the Houston Astrodome opened with an exhibition game between the Houston
Astros and the New York Yankees. President
Lyndon Johnson attended the game, and Texas governor John Connally threw
out the ceremonial first pitch, as President Johnson arrived late.
Mickey Mantle hit a home run, but the Astros prevailed, 2-1,
in 12 innings.
1966-Percy Sledge's "When A Man Loves
A Woman" is released.
1971---Top Hits
Just
My Imagination (Running Away with Me) - The Temptations
For
All We Know - Carpenters
What’s
Going On - Marvin Gaye
After
the Fire is Gone - Conway Twitty & Loretta Lynn
1973 - Tommy Aaron became the second native
son from Georgia to win the Masters golf title at Augusta. The first
Georgian to accomplish the feat was Claude Harmon in 1948.
1977 - The Swedish pop group Abba made its
debut at number one on the American pop charts, as "Dancing Queen"
became the most popular record in the U.S. http://abba.muziek.net/
1979 - the 51st Annual Academy Awards ceremony
at Los Angeles’ Dorothy Chandler Pavilion (L.A. Music Center), with
Johnny Carson as the host. The Best Picture, "The Deer Hunter"
(Barry Spikings, Michael Deeley, Michael Cimino, John Peverall, producers),
also won for Best Director (Michael Cimino); Best Supporting Actor (Christopher
Walken); Best Film Editing (Peter Zinner); and Best Sound (Richard Portman,
William McCaughey, Aaron Rochin, C. Darin Knight). The Best Actor and
Actress awards for performances in "Coming Home" were awarded
to Jon Voight and Jane Fonda, respectively. This 1978 film also won
a golden statuette for Best Writing/Screenplay Written Directly for
the Screen (Nancy Dowd, Waldo Salt, Robert C. Jones). The intense "Midnight
Express" won for Best Music/Original Score (Giorgio Moroder)and
Best Writing/Screenplay Based on Material from Another Medium (Oliver
Stone). The Oscar for Best Actress in a Supporting Role went to Maggie
Smith in "California Suite", the Best Music/Song Oscar, for
"Last Dance" from "Thank God It’s Friday", went
to Paul Jabara.. http://www.infoplease.com/ipa/A0149424.html
1979---Top Hits
I
Will Survive - Gloria Gaynor
What
a Fool Believes - The Doobie Brothers
Sultans
of Swing - Dire Straits
I
Just Fall in Love Again - Anne Murray
1980- Two days prior to the start of the season,
the season the Durham Bulls uniforms are stolen. Atlanta's minor league
director, Hank Aaron, sends the team a set of used Braves uniforms to
wear on the road as the team decides to wear its road uniforms at home.
1984 – The 56th Annual Academy
of Awards at the Dorothy Chandler Pavilion, Los Angeles, with Johnny
Carson as host. "Terms
of Endearment" (James L. Brooks, producer) was voted Best Picture
of 1983. "Terms" also won for Best Director (James L. Brooks,
again ... and, again for Best Writing/Screenplay Based on Material from
Another Medium);and Best Supporting Actor (Jack Nicholson); and for
Best Actress (Shirley MacLaine). MacLaine had been nominated five times
over 26 years before winning the statuette. Of course, since she could
see into the future, she knew that this would happen. Robert Duvall
picked up the Best Actor Award ("Tender Mercies") and the
Best Supporting Actress title was bestowed on Linda Hunt for "The
Year of Living Dangerously". A foreign film, "Fanny och Alexander",
won three Academy Awards: Best Costume Design (Marik Vos-Lundh), Best
Art Direction/Set Decoration (Anna Asp, Susanne Lingheim), & Best
Cinematography (Sven Nykvist). Another film that endeared itself to
audiences in 1983 was "The Right Stuff", honored for Best
Music/Original Score (Bill Conti); Best Effects/Sound Effects Editing
(Jay Boekelheide); Best Film Editing (Glenn Farr, Lisa Fruchtman, Stephen
A. Rotter, Douglas Stewart, Tom Rolf); and Best Sound (Mark Berger,
Thomas Scott, Randy Thom, David MacMillan). Put the whole evening together
and you get the Best Music/Song: "Flashdance...What a Feeling"
(Giorgio Moroder-music, Keith Forsey and Irene Cara-lyrics) from the
movie, "Flashdance". http://www.infoplease.com/ipa/A0149580.html
1985 - Tom Seaver broke a major-league baseball
record (held by Walter Johnson) as he started his 15th opening-day game.
The Chicago White Sox defeated the Milwaukee Brewers 4-2. With the win,
‘Tom Terrific’ extended his opening day record to 7-1. He had thrown
openers for the New York Mets, Cincinnati Reds and the Chicago White
Sox.
1987---Top Hits
Nothing’s
Gonna Stop Us Now - Starship
Tonight,
Tonight, Tonight - Genesis
Come
Go with Me - Expose
Ocean
Front Property - George Strait
1988 -Residents of Sioux City, Iowa awoke
to find 2 inches of snow on the ground following a record high of 88
degrees the previous afternoon.
1989 - Eighteen cities in the southwestern
U.S. reported new record high temperatures for the date. The afternoon
high of 80 degrees at Eureka CA established a record for the month of
April.
1991-a large portion of the east was battered
by severe thunderstorms with 503 severe weather events reported. 38
tornadoes touched down with the most significant one beginning its 18
mile path at Guthrie, Kentucky. This tornado, rated F2, did over $500,000
in damage. 3 inch diameter hailstones fell in Switzerland county in
Indiana. 2 people were killed and 86 were injured from intense straight
line thunderstorm winds exceeding 100 mph in West Virginia. Gatesburg,
Pennsylvania reported a wind gust to 90 mph.
1993-the Colorado Rockies played their first
official National League game defeating the Montreal Expos, 11-4, behind
first-inning home runs from lead off hitter Eric Young and Charles Hayes. 80,277 fans packed Denver’s Mile High Stadium
to set a major league Opening Day attendance record, surpassing the
78,672 who saw the san Francisco Giants and the Los Angeles Dodgers
open the 1958 season at the Los Angeles Coliseum.
1993 -Thanks to a four-run first inning sparked
Eric Young's leadoff home run, the Rockies defeat the Expos 11-4 for
their first win ever. The crowd of 80,227 at Colorado's Mile High Stadium
establishes a new major league Opening Day attendance record.
1995-Glasgow, Montana recorded 12.2 inches
of snow in 24 hours -- its greatest 24 hour snowfall on record.
1996 -Frank Kucharski of Chester, Connecticut
attends his 22nd consecutive Yankee season opener at the stadium.
2000 -Indian first baseman Jim Thome strikes
out five times to tie a major league record. Cleveland prevails posting
a 17-4 victory over the Devil Rays.
2000 -The Twins beat the Royals, 13-7, as
both teams each hit three consecutive home runs in the same game for
the first time in major league history. Ron Coomer, Jacque Jones and
Matt Lecroy connect consecutively in the sixth for Minnesota and Carlos
Beltran, Jermaine Dye and Hector Carrasco go back-to-back-to-back for
Kansas City.
2001 -Willie Stargell, the all-time Pirate
career leader in home runs, RBIs and extra base hits dies from kidney
problems at the age of 61. After leading the Bucs to the 1979 World
Championship, 'Pops', a career .282 hitter, became the oldest player
(39) to win a MVP award when he shares the award with Keith Hernandez.
2001- Pittsburgh's PNC Park makes its major
league debut as hometown product, Sean Casey, leads the visiting Reds
past the Pirates, 8-2. The Cincinnati first baseman, who hit the first
home run at Miller Park three days ago, goes 4-for-4 and again has the
honor of hitting the first round tripper in a major league park's history.
The bat, which is used to hit both historic homers, is sent the Hall
of Fame.
NBA
Finals Champions This Date
1959-
Boston Celtics
1960-Boston
Celtics
Stanley
Cup Champions This Date
1932—Toronto
Maple Leafs
135—Montreal
Maroons
1946-Montreal
Canadiens
---------------------------------------------------------------------------------------------------
Baseball
Poem
Alone
At The Plate
( Inside the front cover of the book “You
Can Teach Hitting,”
by Dusty Baker, there appears this poem about a Little Leaguer...)
He
pulls on a helmet, picks up the bat,
and
walks to the plate, "gotta hit and that's that."
The
crowd starts to yell, the game's on the line,
last
inning, two outs, the score's nine to nine.
Dad
yells, "Go get it," Mom wrings her hands,
coach
hollers, "hit it," but alone there he stands.
Heros
are made in seconds such as this,
but
he's just a little boy, what if he should miss?
Years
after this game's ended and he's little no more,
will
he remember the outcome or even the score?
No
he'll have forgotten if he was out, hit, or a run,
he'll
only look back on his friends and the fun.
So
cheer this boy on, alone with his fate;
help
him remember with fondness this stand at the plate.
Spend
your time wisely and help in his quest
to
be a hitter with confidence and always his best.
And
when the game's over, this boy can stand tall,
for
you've helped him prepare to give it his all!
Good Friday.
Observed in commemoration of the crucification.
Oldest Christian celebration.
Possible corruption of “God’s Friday.”
According
to biblical historians, Jesus Christ died 30AD, and most likely on
the
same day of the month as his birthday, April 6, or it could have been
April 10.
http://home.earthlink.net/~jptandy/tandyland/jesusbth.htm#SectD1
According
to Jewish custom, it would have been most likely a Friday, perhaps Saturday.
1)
The day that followed Jesus' crucifixion was a "high day",
which may indicate a special Sabbath, such as the Passover (John 19:31);
2)
Jesus prophesied that He would be in the grave for "three days
and three nights" (Matt 12:34). The Hebrew custom when numbering
days is to count part of a day as a whole day. Yet, from Friday afternoon
to early Sunday morning would have been at most two days and
two nights.
So
how did we get Easter Sunday? It
is the setting of the moon, one of the instruments used in many Eastern
religions, including the high days of the Muslim religion. In the Christian faith, this date was set by Pope Gregory the 13th. The changing of the calendars also changed
the dates.
“Easter
Sunday, from 326 A.D., is always one of the 35 dates March 22 to April
25.
“From
31 A.D. to 325 A.D. Easter Day was celebrated either:
(a) on or just after the first day of the Jewish Passover (no matter
on which day of the week that Easter Day occurred), or
(b) on a Sunday close to or on the first Passover Day.
Both of these methods existed continuously throughout this period.
From
326 A.D. to 1582 A.D. Easter Sunday date was based on the Julian calendar
in use at that time.”
http://www.assa.org.au/edm.html
”
Orthodox churches became fully autonomous in 1054 A.D., and celebrate
their Easter always on the basis of the Julian calendar and the "19
PFM dates" table. The Julian calendar date Thursday October
4, 1582 was followed by the Gregorian calendar date Friday October 15,
1582. The 10 dates October 5 to 14 were removed.
Consequently,
their Easter Sunday dates are identical up to 1582, then from 1583 onwards
often differ from those of Western churches.
“In
some years the Orthodox Easter Sunday occurs on the same day as the
Western Easter Sunday. For example, this occurred in 1990 because
the Western Easter Sunday date of (Gregorian calendar) April 15, 1990
is the same as the Orthodox Easter Sunday date of (Julian calendar)
April 2, 1990. In most years, Orthodox Easter follows Western
Easter by one or more weeks. “
Happy Easter
Shalom for Passover
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