Available by e-mail in a text format, sent out at 3:00am, free:
http://www.leasingnews.org/addme-mailing-list.htm Headlines--- Michael Caglarcan, New
CEO of Pure Markets Curt Lysne at Balboa Capital.
Wow!!! ELT Magazine----"Growth
of Independents" Cartoon---The Fountain
of Funding Sacramento Area
Brokers Dinner March 4th Steve Chriest Number #9 to Create
New Agreement Form Affluent Consumer Confidence
Hits Highest Levels Sovereign to Acquire
Seacoast Financial Costabile Joins
Wells Fargo Equipment Finance American River
Bank Names New SVP of Leasing PDS Gaming $9.5M
Financing Commitment ######## surrounding the article denotes it is a press
release ------------------------------------------------------------------------------- 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.
Email: wmplumer@yahoo.com
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. Email:w.t.dent@comcast.net
Sales: Atlanta, GA. Accomplished leasing
pro sales & sales management w/extensive exper., people skills;
Multi-industry, small-mid ticket, vendor & direct. Skilled producer
w/good book profitable business. Email: leasepro1@bellsouth.net Sales:Austin,Texas 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
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:
pangress@msn.com 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: sunriseleasing@aol.com
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: leasingismylife@yahoo.com
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: Steven@eagle2.net
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. Email:lease442000@yahoo.com
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. Email: dbrown@thirdwavefinance.com
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:ebonbri@aol.com
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. Email:kc1492@aol.com 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: bcurt95@aol.com
Sales: Jacksonville,
FL. Seasoned equipment
leasing professional, with over 10 years of experience, looking for
position in business development in Northern Florida territory. Email: rene.bradshaw@superig.com.br
Sales: Los Angeles,
CA. 12+years Leasing
sales, underwriting/contract exper. including hi-tech, govt, direct
& vendor leasing. Seeking role w/institution or captive. Exper.
w/ complex transactions, including securities. Possible relocation.
Email: rahlease04@hotmail.com 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. Email:kyle90@msn.com 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: golfadm@yahoo.com
Sales: Mission Viejo,
CA Account Sales Executive
with 10 years of leasing experience looking for company to bring existing
customer base. Email:makelly21@hotmail.com Sales: Montgomery,
AL. Individual with 10
years advertising sales exp. & 7 years insurance sales exp. Wants
independent contractor situation in Alabama. Work with leasing
company or broker.334-281-5200 E-mail: billmcneal2003@yahoo.com 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. Email:originator@sbcglobal.net
Sales: Philadelphia
, PA Seeking an open opportunity to advance in the automotive, commercial
leasing & finance industry......... Email: alexe362002@yahoo.com
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. Email:fiergl@aol.com 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. Email: denisregan@msn.com
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.
Email:amlifter@aol.com 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 Email: moneytoloan@hotmail.com
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. Email:edm173@sbcglobal.net
Sales: San Francisco,
CA. 18 years of sales
production, the last 10 in technology leasing to both traditional and
emerging growth credits. Seeking direct funder. I can close for you!
email: bamrborges@msn.com Sales: San Francisco,
CA. Middle market originator.
Transaction size $500M to $15.0MM. Industries: food processing; distributors;
plastics; retail; heavy manufacturer. Seek direct lessor employment
only. 10 yrs B/D expereince. Email: major104@sbcglobal.net Sales: South Central
U.S. TX, OK, KS &
AR Territory. Equipment finance
and leasing professional, 20 years experience.
Top producer in middle to upper middle markets.
Extensive customer base. Email: leasingrep2004@yahoo.com
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@rvcglobal.com
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: cwilliams@triit.com
For our full
listing of classified ads, please go to: http://64.125.68.90/LeasingNews/JobPostings.htm#sec8 Visit our
web site to post your free job wanted ad. Employers
have a Help Wanted section you may want to visit
at: http://64.125.68.90/LeasingNews/JobPostingsWanted.htm
This
Week in Economic Events Thursday February
12 Inventory-Sales
Ratio: December Retail
Sales: January Weekly
Jobless Claims Friday February
14 Balance
of Trade: December ------------------------------------------------------------------------------------------------------- Michael
Caglarcan, New CEO of Pure Markets Michael Caglarcan
has replaced founder Jay Fudemberg as CEO. Pure Markets is the largest
internet aggregate funder on the Leasing News web list with 70 employees. Founded in 1988 and located in San Francisco,
California, the company specializes in " advisory service, online
marketplace and web-based tools, providing access to both leases and
secured loans. Here is Caglarcans
biography from their web site: Michael is
a seasoned technology executive with more than 25 years of leadership
and industry experience in the information technology field. Prior to
Pure Markets, Michael served as president of Rockwell Electronic Commerce,
a global leader in call center technology products and services. Prior
to that, he was chairman and CEO of Teleos Communications, a leading
Wide Area Network (WAN) Access technology company where he executed
a successful merger agreement. Before that, Michael was chairman and
CEO of Evernet Systems, a national network systems integrator that was
acquired by Control Data Systems. Earlier in
his career, Michael held various executive positions at EDS over a 12-year
period. Michael holds a B.A. in mathematics from The University of Virginia
and an M.S. in operations research from George Washington University. To
learn more about Pure Markets, see this previous story: http://www.leasingnews.org/archives/January%202004/01-21-04.htm#jay Curt
Lysne at Balboa Capital. Wow!!! We
had a great scoop about Curt Lysne, formerly at GE Capital/Colonial
Pacific Leasing,
joining Balboa Capital to start a broker division, something the company has
not done in sixteen years; they founded in 1988. Leasing
News hopes to have an interview with co-founder Pat Byrne, and Curt
Lysne. In the meantime, for
those who want to congratulate ( please, no
condolences, as these is a smart move for both Balboa and Lynse, as
you will see in about six months, as they will gear up to become a leader
in this field:) please contact: Curt
Lysne http://www.leasingnews.org/archives/February%202004/02-06-04.htm ----------------------------------------------------------------------------------------------------------- ELT
Magazine----Growth of Independents Equipment Leasing
Today , published 10 times a year, offers timely industry news and in-depth
articles on finance, accounting, tax administration, Legal affairs,
the marketplace, and sales and marketing. Regular departments such as
"Financial Watch," "Washington Update," "Leasing
Law," and "State News" report on legal, legislative and
tax concerns within the industry. "Take Note" provides up-to-the-minute
developments in the industry, regulatory changes and personnel changes,
as well as educational meetings and programs within the industry.
Advertising is accepted. Here is a current
article about The Growth of Independents, found on the allegiant-partners.com
web site: http://www.allegiant-partners.com/pdf/ELT_article_Jan_04.pdf Member
Price: $0 Non-Member
Price: $100 http://www.elaonline.com/ELAstore/index.cfm?fuseaction=view_product&prod_id=44 There are many excellent
articles in the current magazine, and consistently this is worth a $100 to a
leasing executive who is not a member of ELA.
$10 a copy. ------------------------------------------------------------------------------------------------------------ Cartoon---The Fountain of Funding http://two.leasingnews.org/Cartoon_Bank/funding.jpg (This joke
is available at www.cartoonbank.com
for your newsletter, or you may purchase for framing, or framed with
mat, or even on a sweat or tee shirt.
These are part of a series that Leasing News has purchased
the license to publish. All our cartoons are licensed or designed by
us---yes, we make up a number of the cartoons from public clip art.
) ****announcement *************************************** Sacramento, California Area Brokers Dinner March 4th The brokers of the Sacramento and surrounding areas will be gathering for
our second dinner to discuss topics of interest and meet with fellow
brokers and funders. We had
a great response to our first dinner and hope to continue to bring a
forum to our area. The topics will be " IRS Section 179 and
Bonus Depreciation". We are pleased to have Jason Cardinet, CPA, as the featured speaker. Jason Cardinet is a tax specialist and
shareholder with the Roseville CPA firm, Bartig, Basler & Ray. He
is the former Managing Director of Tax for Deloitte & Touche Sacramento
and has more than 16 years of experience in individual and business
tax. He is a Certified Public Accountant holding a Masters degree in
Taxation from Brigham Young University. He resides in Roseville with
his wife, Joan, and their 5 children. The meeting is planned for Thursday, March
4th, to be held at Cascades restaurant . This beautiful restaurant is located at 1420 East Roseville Parkway,
off highway 80 in Roseville. No
host cocktails 6:30, dinner served 7:00 with time after for discussion,
questions or socialize. Dinner options: Pasta with Vegetables, Herb Chicken, Grilled Salmon or Roasted Pork Loin, to include salad and
dessert. Please make your reservations early. Contact
Gloria Wagner at (916) 780-7885, or mail $45.00 per person to Financial Solutions Group at 2007 Opportunity
Drive #5, Roseville, Ca 95678. Should you have any questions contact Lori Littleford of BWC Equipment Leasing (888) 278-1079 #232,
Tom Cadle of Leasource (800)
991-0099 or Gloria Wagner of Financial Solutions Group (800) 700-3533. ***announcement**************************************** ----------------------------------------------------------------------------- ------------------------------------------------------------------------------ Steve Chriest Number #9 to Create New Agreement Form I also will
contribute a form used successfully in the past. Steve Chriest Alamo, California
This week we hope
to reach the goal of $2,000. In addition, those donating $200
each are also contributing their experience
and forms that they use. Here are others that have joined the effort to date: Ben Carlile Allegiant Partners
Incorporated Warren Hawkins Bank Partners Paul Behechti Bridge Capital Leasing Gary Saulter Chase Industries Gary Trebels, CLP IFC Credit Corporation
Theresa Kabot Kabot Commercial
Leasing Charlie Lester LPI Financial Services Mark Watkins Geneva Capital LLC The people who are donating $200 to this effort, also are presenting
the documents their company uses
today, and their experience. The
form will be generic, and hopefully valid in most states. It certainly will spell out what is "earned" for working
on an application. While we do not want
to give legal advice, particularly realizing that states differ and
there are also licensing issue, we asked Ken Greene for
some "generic" help. He has agreed to
perform this service, review the forms, and then devise a "generic
one" to help brokers retain
expenses, particularly if an application is not approved or terms and
conditions change. "I am glad to
help if a pool of leasing companies would like to get together and hire
me to put together a thorough form. It can still be simple,
but it should be internally consistent and not appear to be punitive
in nature." Ken Kenneth C. Greene Law Offices of Kenneth
C. Greene 980 Magnolia Avenue
Suite 6C Larkspur, CA 94939 Vox: 415 461 3777 Fax: 415 461 3733 E-Mail: keng@kengreenelaw.com Website: www.kengreenelaw.com For those who participate,
Ken Greene is willing to do extra work for a minimal fee on the form
for their specific needs. Each company will sign
an agreement regarding this form to cover expenses ------------------------------------------------------------------------------- Leasing Industry Help Wanted Current Openings Account Executives
[Top] Contract Administrator
[Top] Sales Representatives
[Top] Senior Sales Executive
[Top]
Affluent Consumer Confidence Hits Highest Levels in Five Quarters Affluent Americans continue to be
increasingly optimistic about the current and future state of the economy.
However, despite recent stock market gains and signs of economic improvement,
they remain cautious, planning to hold fairly steady on spending and
investing over the next three months, according to the McDonald Financial
Group Affluent Consumer Confidence Index. Factors such as the national
deficit, a perceived real estate bubble and lingering concerns about
jobs are contributing to this restraint. The overall index score was 56 out
of 100, a 14 percent improvement since the last survey in October (49),
reflecting the biggest increase yet in confidence among the affluent
in the five quarters since the survey's inception in January 2003. A
full 61 percent of those surveyed said the economy would get better
in the next three months, an increase from 59 percent in the October
2003 survey and 39 percent in January of last year. Only 3 percent say
it will get worse, down from 6 percent in October and 17 percent one
year ago. The percentage of affluent Americans
who say their family's personal economic situation has improved over
the past three months, increased to 40 percent in January of 2004 -
up from 38 percent in October of 2003 and 14 percent in January of 2003.
Additionally, affluent respondents see a much improved business environment,
with 73 percent saying business conditions are either "good"
or "normal." ------------------------------------------------------------------------------- Sovereign to Acquire Seacoast Financial U.S. Bank Weekly Sovereign
Bancorp, Inc., parent company of Sovereign Bank, Boston, announced
a definitive agreement to acquire Seacoast Financial Services Corporation
in an all-stock transaction valued at approximately $1.1 billion.
Sovereign will achieve a top-four market share in each of the five
fastest growing counties and the five largest counties in Massachusetts,
including the Boston metro market. The transaction
extends Sovereign's presence into affluent, high-growth southeastern
Massachusetts, Bank of America/ FleetBoston competes. Seacoast, proforma
for its recently announced acquisition of Abington Bancorp, Inc.,
is a $5.4 billion asset financial institution. It is the largest independent
bank holding company in Massachusetts. Headquartered in New Bedford,
Massachusetts, Seacoast has a branch network spanning suburbs outside
of Boston to the wealthy coastal areas of Cape Cod, Nantucket and
Martha's Vineyard. Seacoast is the holding company for CompassBank
and Nantucket Bank. CompassBank is a $4 billion state chartered bank
serving Southeastern Massachusetts through 47 full service branch
offices. Nantucket Bank is a $458 million state chartered bank serving
Nantucket Island with 3 full service branch offices. Following the completion of the pending acquisition
of Abington Bancorp, Inc., Seacoast will add $815 million in assets
and 17 branches that stretch from Boston's Dorchester neighborhood
south to Kingston. ##
Press Release############################### Costabile
Joins Wells Fargo Equipment Finance As Wholesale Vice President, Sales
Manager NORCROSS,
GA., Twenty-five-year industry veteran Fred Costabile recently
joined Wells Fargo Equipment Finance, Inc. (WFEFI) as Vice President
and Sales Territory Manager for the groups Wholesale Buy Unit.
Costabile spent the last 22 years working in equipment financing and
leasing for Bank of America and its predecessor banks and will work
out of WFEFIs Norcross, Ga., office. Freds
vast experience and leadership make him ideally suited to this position,
and he has already been a terrific addition to our equipment leasing
team, said Joseph Fantauzzi, senior vice president for Wells
Fargo Equipment Finance. In
his previous positions, Costabile has served as Principal and National
Sales Manager/Chief Marketing Officer for Bank of America Vendor Finance
as well as Senior Vice President and Manager of Special Markets for
NationsBank Leasing Corporation. In addition, he was a Trustee for
The Equipment Leasing and Finance Foundation in 2001, a member of
the Board of Directors and the Executive, Finance and Southeast Regional
committees for the Equipment Leasing Association and is a member of
the Associated Equipment Distributors. Wells
Fargo Equipment Finance, Inc. is one of the largest bank-owned equipment
leasing and finance companies in the United States, with nearly $6
billion in assets. Their customer base includes a broad spectrum of
middle-market companies and industries throughout the United States
and Canada. Wells
Fargo & Company is a diversified financial services company with
$388 billion in assets, providing banking, insurance, investments,
mortgage and consumer finance from more than 5,900 stores, the internet
(wellsfargo.com), and other distribution channels across North America
and elsewhere internationally. Wells Fargo Bank, N.A. is the only
"Aaa"- rated bank in the United States. ###
CONTACT: Megan
Reidy Wells
Fargo Phone
Number: 612-667-9650 Fax
Number: 612-667-9555 E-mail:
megan.l.reidy@wellsfargo.com ###
Press Release ############################## American
River Bank Names New SVP of Leasing Jerry
Christiansen will lead American River Bank's Leasing Division first
source capital, as the senior vice president of leasing. Christiansen
has served as first source capital's COO since the company's formation
in 1999. With over nine years of experience in lease financing, Christensen
is a seasoned professional. Christiansen also had an 18-year banking
career, and 8 years in private industry before entering the leasing
field. ###
Press Release ############################## PDS
Gaming Corporation Announces Receipt of $9,500,000 Financing Commitment LAS
VEGAS----PDS Gaming Corporation (Nasdaq:PDSG), a company that finances,
leases and sells gaming equipment to the casino industry, today reported
the receipt of a financing commitment from Cochran Road, LLC, a New
York-based lender ("Cochran"), in a maximum principal amount
of $9.5 million. Pursuant to the terms of the commitment letter
agreement between the Company and Cochran (the "Commitment Letter"),
Cochran has committed, subject to the satisfaction on or before June
30, 2004 of each of the conditions precedent set forth in the Commitment
Letter, including, without limitation, the satisfactory completion
by Cochran of its due diligence review and the negotiation and execution
of definitive documentation satisfactory to Cochran and the Company,
to provide to the Company a senior secured term loan for a term of
five years in the maximum principal amount of $9.5 million (the "Loan").
The Company intends to use the proceeds from the Loan to redeem its
outstanding 10% and 12% Senior Subordinated Notes at par (approximately
$5.5 million outstanding as of today's date), fund future gaming equipment
financing transactions and provide working capital to the Company.
The Commitment Letter provides that the Loan is to have an interest
rate of 12% per annum, and requires the Company to pay certain other
fees and expenses to Cochran in connection with the Commitment Letter
and the Loan. The Commitment Letter further provides that the Loan
is to be secured by the Company's cash-on-hand and its equity interests
in leasing transactions generated by the Company. In addition, to
the extent permitted by applicable law and regulations, the Company
has agreed to guaranty and, subject to certain conditions, assume
a loan of up to $5.5 million by Cochran that is the subject of a separate
commitment letter agreement between Cochran and the management group
proposing to acquire all of the outstanding stock of the Company not
already owned by its members. The redemption of the Company's 10% and 12%
Senior Subordinated Notes requires, among other things, that prior
written notice thereof be given by the Company to the Trustee under
the applicable Indentures, and that the Trustee deliver such notice
to the holders of the Senior Subordinated Notes. The Indentures provide
that such holders are to receive this notice not less than 30, and
not more than 60, days prior to the proposed redemption date. The
Company has issued such notice to the Trustee, and anticipates closing
the Loan prior to April 15, 2004. CONTACT:PDS
Gaming Corporation President and Chief Operating Officer Peter D. Cleary, 702-736-0700 ###
Press Release ############################## "News Briefs" Currency 'Volatility'
Worries G-7 Officials http://www.washingtonpost.com/wp-dyn/articles/A22504-2004Feb7.html Private Equity Performance
Moved Into Positive Territory in Third Quarter 2003 http://www.nvca.org/pdf/Performance%20q303FINAL.pdf Corporate Profits
Don't Lead to Hiring http://www.boston.com/business/articles/2004/02/08/corporate_profits_dont_lead_to_hiring/ Major funeral corporations
struggling http://www.boston.com/business/articles/2004/02/08/major_funeral_corporations_struggling/ U.S.-Australia Free
Trade Deal Opposed http://www.washingtonpost.com/wp-dyn/articles/A24697-2004Feb9.html ------------------------------------------------------------------------------- California Nuts Briefs--- Austrian mayor urges
Schwarzenegger to stop execution http://www.signonsandiego.com/news/state/20040207-0619-austria-schwarzenegger-cooperexecution.html A new push on workers'
comp Governor invites
labor, employers, insurers to meet Silicon Valley Gives
the Governator the Business http://www.internetnews.com/bus-news/article.php/3309381 Headaches at tax
filing time http://www.mercurynews.com/mld/mercurynews/business/7904979.htm ------------------------------------------------------------------------------- Sports Briefs--- Patriots decline
to exercise option on Smith http://www.boston.com/sports/football/patriots/articles/2004/02/09/smith_allowed_to_go/ 4 teams seek Brunell http://www.jacksonville.com/tu-online/stories/020804/jag_14760852.shtml McNair indicted in
firearms, DUI case http://www.tennessean.com/sports/titans/archives/04/02/46634440.shtml The N.H.L. Is Turning
Back the Goals http://www.nytimes.com/2004/02/09/sports/hockey/09STAR.html ------------------------------------------------------------------------------- "Gimme that
Wine" Prediction is a bright
future for wine http://www.modbee.com/business/story/8093114p-8950608c.html A Royal Wine Cellar
at Sea http://www.winespectator.com/Wine/Daily/News/0,1145,2335,00.html French Laundry seeks
alternative energy source
Love it or hate it,
oak adds a dose of character to wine http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/02/05/WIG4D4O3HD1.DTL ------------------------------------------------------------------------------- This Day in American History 1773-Birthday of William Henry Harrison, born 1773, the 9th president
of the United States ( March 4-April 4, 1841). His term of office was
the shortest in our nation's history-32 days. He was the first president
to die in office . He was the first Whig president. He refused to wear
a jacket during the inauguration. He
made a very long speech, two hours, and contracted a cold which turned
into pneumonia in those
days of no antibiotics. John
Tyler assumed the presidency and historians state his administration
was characterized by bickering and frustration, primarily caused by
Henry Clay and Daniel Webster over political issues in their own "Whig"
party. http://www.whitehouse.gov/history/presidents/wh9.html 1799-Off the island of Nevis, West Indies, the 26-gun Constellation
met and captured the 40-gun French frigate LInsurgente, inflicting
70 casualties at the cost of only 4 American casualties. It was the first warship to capture an enemy ship after the revolution.
LInsurgente was the fastest ship in the French Navy. Under the
command of the legendary Captain Thomas Truxtun, it was the first battle
by one of the original six frigates. This great achievement for a young
U.S. Navy was the first major victory by an American-designed and American-built
warship. There were many more victories to follow. CONSTELLATION fought
a second single-ship action in February 1800: a night encounter with
Frances 54-gun frigate LA VENGEANCE. CONSTELLATION was again victorious,
winning a bloody and violent 5-hour battle. French sailors, amazed at
her expert sailing ability because she could attain the thrilling speed
of 14 knots while sailing under nearly an acre of canvas sails, nicknamed
her Yankee Racehorse. The Constellation continued to serve
with distinction in the Barbary
Wars against Tripoli and the War of 1812 against Great Britain. In 1840,
CONSTELLATION completed a historic voyage around the world, which included
being the first U.S. warship to enter the inland waters of China. After
more than 50 years of service, CONSTELLATION was thoroughly worn out.
In 1853 she was broken up at the Gosport Navy Yard in Norfolk, Va. http://www.navy.mil/homepages/cv64/noflash/alist/history.htm http://www.famousamericans.net/thomastruxtun/ http://www.amazon.com/exec/obidos/ASIN/0801865972/avsearch-bkasin-20/002-2200616-5003261 1819- Birthday of Lydia E. Pinkham, who developed a home tonic
of herbs and 19% alcohol that she gave her children. As the tonic grew
famous in her neighborhood she made her first sales in 1875 to earn
money since she was married to a dreamer whose ship never came in. Later,
her son marketed the home remedy under her direction.
By 1879, Lydia's Pinkham's tonic was a flourishing enterprise.
She also wrote about women's "ills" in a more sensible fashion
than was popular in the day, emphasizing cleanliness, and speaking frankly
about menopause, uterine collapse, etc., things that women did not have
general access to because of the male medical system.
When the compound was first marketed, many home remedies contained
opium and small doses of compounds of mercury and arsenic, which hers
did not. Many operations at the time had a 40% mortality rate (and high
rate of death in childbirth.) It was during this time that Lydia Pinkham
told women to stop visiting doctors, who at the time were popularly
recommending nitric acid douches, take her herbal formula, exercise,
and eat fresh fruits, vegetables, and grains. http://www.ityl.com/barbaric.html http://www.mc.vanderbilt.edu/biolib/hc/nostrums/pinkham.html http://womenshistory.about.com/cs/lydiapinkham/ http://www.picturehistory.com/find/p/18974/mcms.html 1825- John Quincy Adams was elected president of the United States
by the House of Representatives, into which the election had been thrown
by the failure of any of the four candidates to win a majority in the
Electoral College. In the four-way race of Adams, Andrew Jackson, Henry
Clay, and William Crawford had received more electoral votes than Adams,
but no majority. Henry Clay, one of the candidates assisted Adams cause
in the House. 1849- Laura Clay, daughter of Cassius E. Clay, at the 1920 convention
became the first woman to receive a vote for the presidential nominee
of the Democratic Party. She was a noted suffrager and first president
of the Kentucky Equal Rights Association. http://www.kytales.com/lclay/lclay.html http://www.womeninkentucky.com/site/reform/l_clay.html http://half.ebay.com/cat/buy/prod.cgi?cpid=2893385&domain_id=1856&ad=53983 1864-109 Union officers escaped from Libby Prison in Richmond,
VA, in the largest and most dramatic prisoner of war escape of the Civil
War. The Libby Prison was the former Libby and Sons candle factory. Forty-eight of the men were recaptured, two
drowned and fifty-nine successfully made it back to Federal Lines. http://www.whitehouse.gov/history/presidents/ja6.html 1861 - Jefferson Davis was chosen as president of the Confederate
States of America, and Alexander Stephens as vice-president. The Confederate Provisional Congress asserted
that all laws under the U.S. Constitution that were not inconsistent
with the constitution of the Confederate states would be recognized.
One of the main provisions was, Congress shall also have power
to prohibit the introduction of slaves from any State not a member of,
or Territory not belonging to, this Confederacy.
Perhaps considered trivia today, in section IX , the first law: The importation
of negroes of the African race from any foreign country other than the
slaveholding States or Territories of the United States of America,
is hereby forbidden; and Congress is required to pass such laws as shall
effectually prevent the same. http://www.law.ou.edu/hist/csa.constitution.html 1866-Birthday of George Ade, American newspaperman, playwright
and humorist, remembered especially for his Fables in Slang, published
in 1900. Born at Kentland, IN. Died at Brook, IN, May 16, 1944. http://www.geocities.com/philip_milazzo/GeorgeAde/ http://www.press.uillinois.edu/f03/ade.html 1872-Birthday of Helen Elizabeth Haines, librarian, championed
literary freedom in book selection for libraries and literary concerns
over automation and information systems. Her Living With Books: The
Art of Book Selection (1935) became a standard text. "We must face
controversial violences and prevailing hatreds, must counteract mass
pressures from super-patriots, must continue to make material on all
sides of any subject available to readers." http://www.biography.com/search/article.jsp?aid=9325171&search=Helen+Elizabeth+Haines 1874-American poet Amy Lowel born at Brookline, MA. Died there
May 12, 1925. 1895-The first intercollegiate basketball game was played in Minnesota
when the Minnesota State School of Agriculture defeated Hamline College
9-3. 1895- Volleyball was invented
by American W G Morgan in 1895 as a game for middle-aged men who found
Basketball too rigorous! It has now become a sport which demands speed,
fitness and agility. Indoor Volleyball first appeared on the Olympic
schedule in 1964. Beach Volleyball has been popular since the 1950s
and was a demonstration sport in the 1992 Olympic Games before appearing
on the Olympic programme at Atlanta in 1996. http://www.olympics.org.uk/sports/summer/volleyball.asp http://www.volleyhall.org/FIVB.htm 1888-Walt Whitman makes corrections to the a publisher of his
poem Oh Captain, My Captain. Whitman wrote "O
Captain! My Captain!" in response to the
assassination of Abraham Lincoln in 1865. He revised the poem
in 1866 and again in 1871. Apparently, the Riverside editors picked
up an earlier version of the poem. Whitman's February 9 letter to the
publishers details changes for punctuation and entire lines of text. http://memory.loc.gov/cgi-bin/query/r?ammem/mcc:@field(DOCID+@lit(mcc/055)) http://memory.loc.gov/ammem/today/feb09.html 1900-birthday of bassist Walter Page, Gallatin, MO, an integral
part of the Count Basie famous rhythm section with Freddie Greene on
guitar. Died December 20,1977. http://www.umkc.edu/orgs/kcjazz/jazzfolk/pagew_00.htm http://www.redhotjazz.com/bluedevils.html 1902-pianist/bandleader/famous dancer Blanche Calloway birthday, Baltimore, MD , perhaps best known as
the older sister of Cab Calloway. She
holds the distinction to be
the first female leader of an all male band. In the late 1950's, she
moved to Miami, FL, and continued her political activity from Philadelphia,Pa,
becoming one of the first Negro clerks to serve in a Florida voting
precinct. In the 1960s, she became Miami's only black female Radio disk
jockey (station WMEM). She died in 1977 of breast cancer. Third spot at: http://nfo.net/usa/c1.html http://www.streetswing.com/histmai2/d2blnch1.htm http://www.heptune.com/blanche.html 1904- A tremendous fire that started on February 7 was put out
in Baltimore, Maryland, after destroying 2600 buildings in an 80-block
area of the business district. It was the biggest fire since the great
Chicago fire of 1871. Over $80
million ( that day's dollar amount ) in buildings were destroyed. 1909-Up until this date most narcotics were easily obtainable, and
often sold in food and drinks for medicinal
purposes. Congress this day enacted the Harrison Narcotics Act, sponsored
by Francis Burton Harrison of New York.
It required sellers to narcotic drugs to register with the Internal
Revenue Service. It did not stop the sales except to enact a $1.00 per
annum fee and control the disbursement by ...physician,
dentist, or veterinary surgeon shall keep a record of all such drugs
dispensed or distributed, showing the amount dispensed or distributed,
the date, and the name and address of the person to whom such drugs
are dispensed or distributed; except such as may be dispensed or distributed
to a patient upon whom such physician, dentist, or veterinary surgeon
shall personally attend; and such record shall be kept for a period
of two years from the date of dispensing or distributing such drugs,
subject to inspection, as provided in this Act. http://www.drugtext.org/library/reports/cu/cu8.html http://www.freerepublic.com/forum/a3afddb1f34f5.htm 1914-Gypsy Rose Lee, American ecdysiast and author whose real
name was Rose Louise Hovick, born at Seattle, WA. Her autobiography,
Gypsy, was made into a Broadway musical and a motion picture. Died at
Los Angeles, CA, Apr 26, 1970. 1914-Birthdy of William
Louis (Bill) Veeck, Jr, Baseball Hall of Fame executive, born at Chicago,
IL. Veeck was baseball's premier promoter and showman as an owner of
several teams. He integrated the American League, sent a midget to the
plate to start a game and, in general, sought to provide fans with entertainment
in addition to baseball. Inducted into the Hall of Fame in 1991. Died
at Chicago, IL, Jan 2, 1986. 1914-Birthday of Ernest Tubb, Country and western singer, born
at Crisp, TX. Ernest Tubb was the sixth member to be elected to the
Country Music Hall of Fame and the headliner on the first country music
show ever to be presented at Carnegie Hall. His first major hit, "Walking
the Floor Over You," gained him his first appearance at the Grand
Ole Opry in 1942, and he attained regular membership in 1943. He died
Sept 6, 1984, at Nashville, TN. http://www.nashvillesongwritersfoundation.com/fame/tubb.html 1933 -66ºF (-54ºC), Riverside R.S. Moran WY (state record) http://www.photosbyearly.com/llkmmrn2.htm 1934 -15ºF (-25.8ºC), coldest
day in New York City NY http://www.nydailynews.com/front/story/155494p-136658c.html 1935-Ray Nobles American band cuts first session for Victor,
NYC. 1940-vocalist Jivin
Gene (Eugene Bourgeois) born Port Arthur, Texas http://www.cajunculture.com/People/jivingen.htm http://www.cajunradio.org/top40swamp.html 1942-Birthday of vocalist/song writer Carole King ( Carole Klein)
Brooklyn, New York..
Along with her then-husband Gerry Goffin, King wrote some of the most successful
pop tunes of the 1960's. Among them were "Will You Love Me Tomorrow"
for the Shirelles, "Up on the Roof" for the Drifters and "The
Loco- Motion" for Little Eva. In the '70s, King started concentrating
on her singing. Her 1971 album "Tapestry" became the biggest-
selling album of all time, although its sales have since been topped
by at least two other albums http://www.rollingstone.com/artists/bio.asp?oid=532&cf=532 http://www.caroleking.com/index2.php 1943- In a major strategic victory, the American 161st and 132nd
Regiments retook Guadalcanal in the Solomon Islands on this date after
a six-month-long battle. More than 9,000 Japanese and 2,000 Americans
were killed. The fierce resistance by the Japanese was an indication
to the Allies of things to come. Guadalcanal put the Allies within striking
distance of Rabaul, the major Japanese base in the area (as featured
in "Victory at Sea".) 1944-Alice Walker, author of The Color Purple, born in Eatonton,
Georgia, the eighth and last child of Willie Lee and Minnie Lou Grant
Walker, who were sharecroppers. When Alice Walker was eight years old,
she lost sight of one eye when one of her older brothers shot her with
a BB gun by accident. In high school, Alice Walker was valedictorian
of her class, and that achievement, coupled with a "rehabilitation
scholarship" made it possible for her to go to Spelman, a college
for black women in Atlanta, Georgia. After spending two years at Spelman,
she transferred to Sarah Lawrence College in New York, and during her
junior year traveled to Africa as an exchange student. She received
her bachelor of arts degree from Sarah Lawrence College in 1965. http://www.salon.com/09/departments/litchat1.html
http://members.tripod.com/chrisdanielle/alicebio_1.html http://www.luminarium.org/contemporary/alicew/ 1944-birthday of '60s soul singer Barbara Lewis. Hello
Stranger and Puppy Love were one of her many hits. http://www.allbutforgottenoldies.net/barbara-lewis.html http://www.stlyrics.com/songs/b/barbaralewis10107/puppylove328939.html http://www.amazon.com/exec/obidos/ASIN/B00000338R/002-2200616-5003261 1944Top Hits My Heart Tells Me
- The Glen Gray Orchestra (vocal: Eugenie Baird) Shoo, Shoo, Baby
- The Andrews Sisters No Love, No Nothin - Ella Mae Morse Pistol Packin
Mama - Al Dexter 1950 - United States Senator Joseph McCarthy said he had evidence
there were individuals in the State Department who were card-carrying
members of the Communist Party. http://webcorp.com/mccarthy/mccarthypage.htm 1950 - Screen actress Ingrid Bergman won a divorce from her husband,
Dr. Petter Lindström, in Juarez, Mexico, clearing the way for her marriage
to film director Roberto Rossellini. She had given birth to Rossellini's
son five days earlier. Bergman was denounced by the Hollywood gossip
circles and the American public for her affair and the illegitimate
birth, and it would be many years before a film of hers would again
be made in the United States. http://www.cmgww.com/stars/bergman/about/bio3.htm http://www.audible.com/adbl/store/CJProduct.jsp?productID=BK_BLAK_ http://www.vh1.com/artists/news/502371/10071998/kool_and_the_gang.jhtml http://www.grooveentertainmentinc.com/kool.htm 1952Top Hits Slowpoke - Pee Wee
King Cry - Johnnie Ray Anytime - Eddie Fisher Give Me More, More,
More (Of Your Kisses) - Lefty Frizzell 1958-birthday of sax player Bill Evans, Chicago, Ill. 1960Top Hits Teen Angel - Mark
Dinning Where or When - Dion
& The Belmonts Handy Man - Jimmy
Jones Hell Have to
Go - Jim Reeves 1964-The Beatles Appear on The Ed Sullivan Show. British pop phenomenons The Beatles began the British Invasion
of America with their appearance on Americas top television variety
show. They performed five songs before a screaming studio audience of
728. The estimated viewer ship for that nights
show as 78million people---making it the most viewed US TV in history
up to that time. They sang: All My Loving Till There Was You She Loves You I Saw Her Standing
There I Want to Hold Your
Hand They were to make
three additional appearances in the next two years. http://www.beatlemethisbeatlemethat.com/edsullivan1.html http://www.edsullivan.com/cgi-bin/shopper.cgi?keys=4000,4001,4006,4007&multipreadd=action http://www.getback.org/breflib/sullivan.html http://www.edsullivan.com/
1965-Martin Luther King, civil rights activist, meets with President
Lyndon Johnson to discuss Black voting rights. http://www.lbjlib.utexas.edu/johnson/lbjforkids/images/cr_w28-11_300.gif http://www.cr.nps.gov/nr/travel/civilrights/buildings/players2.jpg http://www.cr.nps.gov/nr/travel/civilrights/players.htm 1966-Birthday of drummer Willie
Triplett of Ready For the World. http://www.corporateartists.com/ready_for_the_world.html http://www.artistdirect.com/music/artist/bio/0,,483381,00.html?artist=Ready+for+the+World 1968Top Hits Green Tambourine
- The Lemon Pipers Spooky - Classics
IV Love is Blue - Paul
Mauriat Skip a Rope - Henson
Cargill 1969 - Roslyn Kind quietly made her television debut on "The
Ed Sullivan Show". Ed said she was "...Americas teenager
who wasnt protesting or playing a guitar." Although she only
appeared once, her sister appeared many times. Roslyn Kind is Barbra
Streisand's sister. 1970 - Sly and The Family Stone were awarded a gold record for
the single, "Thank You (Falettinme Be Mice Elf Agin)". At
the time Sly (Sylvester) Stewart was a disc jockey in Oakland, California.
http://www.slyslilsis.com/main.htm 1970-Simon & Garfunkel's album "Bridge Over Troubled
Water" goes gold. (1970) 1971 - An earthquake measuring 6.6 struck the San Fernando Valley
in California, killing 58 people. Property damage reached $900 million. http://www.johnmartin.com/earthquakes/eqpapers/00000017.htm 1971-Leroy "Satchel"
Paige elected to the Baseball Hall of Fame. http://www.baseballhalloffame.org/hofers_and_honorees/hofer_bios/paige_satchel.htm http://www.sports-betting-wagering.com/sportstrivia/leroypaige.html 1975- Cher's TV show premiers with guests Elton John and Bette
Midler. 1976Top Hits 50 Ways to Leave
Your Lover - Paul Simon Love to Love You
Baby - Donna Summer You Sexy Thing -
Hot Chocolate Sometimes - Bill
Anderson & Mary Lou Turner 1984Top Hits Karma Chameleon -
Culture Club Joanna - Kool &
The Gang Running with the
Night - Lionel Richie Show Her - Ronnie
Milsap 1984 - Brandon Tartikoff, NBC's Entertainment president, gave
an interviewer the "10 Commandments for TV Programmers. Number
1: Never schedule a show because you like it. Number 10: All hits are
flukes and never forget it!" 1989Top Hits Straight Up- Paula
Abdul Wild Thing- Tone-Loc
2 Born To Be My Baby-
Bon Jovi Lost In Your Eyes-
Debbie Gibson 1990-Nelson Mandela, leader of movement for democracy in South
Africa, released from prison after 27 years, a major sign of the changing
times in the world toward segregation. http://www.pbs.org/wgbh/pages/frontline/shows/mandela/etc/cron.html 1992-Magics All-Star Comeback: Three months after announcing
his retirement (November 7,1991) from the NBA because he had been infected
with HIV, Magic Johnson led the West to a 153-113 victory over the East
in the 42nd NBA All-Star Game.
Magic was named All-Star Game MVP for the second time. 1994-Top Hits The Power Of Love-
Celine Dion All For Love- Bryan
Adams/Rod Stewart/Sting Breathe Again- Toni
Braxton Hero- Mariah Carey
1995-Bernard Harris,MD, becomes the first Black astronaut to take
a spacewalk, dedicating it to the achievements of all African Americans. http://www.thespaceagency.org/bios/harris.html http://www.jsc.nasa.gov/Bios/htmlbios/harris.html http://www.orgs.ttu.edu/bernardpremedsociety 1997-The Simpsons became the longest-running prime- time animated
series, beating the record previously held by, "The Flintstones."
Over the years "The Simpsons" featured such guest stars as
Aerosmith, George Harrison, Paul McCartney, Ringo Starr and Peter Frampton.
http://www.thesimpsons.com/index.html 1999Top Hits Angel Of Mine- Monica ...Baby One More
Time- Britney Spears Nobody s Supposed
To Be Here- Deborah Cox Believe- Cher 2003Top Hits All I Have- Jennifer
Lopez Featuring LL Cool J Mesmerize- Ja Rule
Featuring Ashanti,Murder Inc Bump, Bump, Bump-
B2K & P. Diddy In Da Club- 50 Cent 2004Top Hits The Way You Move-
OutKast Featuring Sleepy Brown Slow Jamz, Twista
Featuring Kanye West & Jamie Foxx Hey Ya!- OutKast
Yeah!- Usher Featuring
Lil Jon & Ludacris ------------------------------------------------------------------------------------------------------------
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