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Leasing News is a website that posts information, news, and
entertainment for the commercial alternate financing,
bank, finance and leasing industries

Wednesday, July 24, 2019

Today's Leasing News Headlines

June 2019 The List
   The Good, the Bad and the Ugly
Zelle Network Q2 transactions rise 56% Y/Y
    Very Popular Online Transfer of Money
What is your Plan?
   Sales Makes it Happen by Scott Wheeler, CLFP
Leasing Industry Ads---Help Wanted
    Experienced Sales Professional -  $10,000 Starting Bonus
Maxim Commercial Capital Closes Tough Deals
   for Brokers and "Gets Deals Done Together"
Aggregate Funding Sources - Updated
   (Online: connects lessees, lessors, and vendors)
Lendio Acquires Billy, Unveils Cloud-Based Small Business
  Accounting Platform with Integrated Access to Capital
Chesswood New Additional Funding Facility for Pawnee
   Provides Fixed Rate Funding and Competitive Pricing
2019 ELFA Software and Service Guide
   Free. Available to Non-Members
   Moultrie, Georgia  Adopt a Dog
5th Annual Conference and Exhibition
  National Alliance of Commercial Loan Brokers
  Latest News - October 4 -6  Las Vegas Westin
News Briefs---
Wealthy New Yorkers are ditching city’s high taxes
    for Miami
CIT 2nd Q  $128MM Compared 2018 2ndQ $117MM
   Full Press Release

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)
Leasing News Icon for Android Mobile Device

 You May have Missed---
  Sports Brief----
   California Nuts Brief---
     "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified. The source noted. When an article is signed by the writer, it is considered a “byline.” It reflects the opinion and research of the writer.

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June, 2019  The List
The Good, the Bad and the Ugly

Ameris Bank, Moultrie, GA. (06/19) Introduces Equipment Financing Solutions, Hires Seven Experienced Personnel

Equipment Leasing and Finance Association, Washington, D.C. (06/19) Reports May Up 3% Over April, Petta Calls a "Strong May"

Balboa Capital, Costa Mesa, CA.(06/19) Survey Reveals 65% of Small Businesses Obtained Lines Of Credit from Non-Bank Lenders

DocuSign, Omaha, Nebraska (06/19) Integration Launches
with LTi Technology Solutions’ ASPIRE

New York State, Albany, NY (06/19) to Protect Out of State Debtors
re: Confession of Judgement Requirements

NewLane Finance, Philadelphia, PA (06/19) Takes a New Lane by Christopher Menkin, Editor

WinTrust Specialty Finance, Irvine, CA (06/19) employs 100% Certified Leasing & Finance Professionals (CLFP)

BSB Leasing, Colorado and Hawaii (06/19) Fire in Poipu, Kauai, Don Myerson Family House

PayPal, San Jose, CA 06/19) Becomes Leading Online Small Business Lender, According to

Willis Lease, Coconut Creek, Fla. (06/19) Closes Amended and Restated $1 Billion Revolving Credit Facility

TCF Capital Solutions, Wayzata, Minnesota (06/19) TCF Capital Solutions brings together TCF Equipment Finance and Winthrop Resources to deliver deep lending and leasing expertise for healthcare, industrial and technology industries

Ascentium Capital, Kingwood, Texas (06/19) Reports Record Breaking Month in Funding Volume Representing 23% YoY Growth

Financial Pacific, Federal Way, Washington (06/19) Changes in Listings for Financial Pacific Small to Middle Market/Commercial

Leasing News, Saratoga, CA (06/19) Top Eight Leasing/Finance Company Websites in North America



Zelle Network Q2 transactions rise 56% Y/Y
Very Popular Online Transfer of Money

Early Warning Services, the bank-owned FinTech that operates Zelle, announced $44B was sent through the Zelle Network on 171M transactions during Q2 2019.

Payment values increased by 56% and transaction volume rose 71% Y/Y.

Almost 500 financial institutions are contracted to participate in the network, including 179 that are currently online and processing transactions.



What is your Plan?

Sales Makes it Happen by Scott Wheeler, CLFP

In a group meeting with originators, I asked the following question:
What is your plan, for the second half of 2019 to maximize your income and position yourself for success in 2020?
The majority of the answers included: work hard, continue plugging away, keep in contact with my existing clients, etc. In other words, there is no plan. These originators are just going to continue their daily routines.
A top producer in the group was the last to speak. He explained his plans in exact terms:

  • He had identified 20 large potential vendors that he was targeting. He gave an exact description of each and why they were on his targeted list and his plan of action for each over the coming months.
  • He described a campaign that he had created to explore a new group of end-users which he believed had great future potential but needed additional research and exploration to determine if they aligned with the company's capabilities.
  • He provided several events that he planned to attend in the fall and the purpose of his attendance at each. Individual appointments during these meetings were already in the process of being scheduled.
  • He explained how he recognized several changes within the data he was collecting on his current clients and how he was using the data to anticipate future needs and potential equipment acquisitions.

Top originators have a plan. Top originators are proactively planning their future, anticipating new opportunities, creating new channels, and exploring possibilities. They are always working on new, well thought-out campaigns to broaden their network of potential vendors and end-users. Top originators are methodical planners who can execute on multiple levels. Top originators outperform their peers by leading, rather than following trends.
Plan your work...
  ...Work your Plan

The response to the 2019 Production and Compensation survey has been strong. Participate in our 2019 Production and Compensation survey by clicking HERE:    

Scott A. Wheeler, CLFP
Wheeler Business Consulting
1314 Marquis Ct.
Fallston, Maryland 21047
Phone: 410 877 0428
Fax: 410 877 8161

Sales Makes it Happen articles:



Help Wanted


Maxim Commercial Capital Closes Tough Deals
for Brokers and "Gets Deals Done Together"


Additional Financing for Trucking Company

Existing borrower needed additional flatbed trailer and working capital to fulfill customer demand.

Maxim Funded: $26,000 ($65,700 total)
Collateral: Two 1997 Reitnouer Flatbed Trailers, 2012 Freightliner Cascadia and 2nd lien on Single-family Residence
Assisted Living Home
Growth Capital for Operator of Assisted Living Homes

Owner-operator of assisted living and hospice-care homes needed additional home to meet demand.

Maxim Funded: $800,000
Collateral: First lien on newly-acquired home and junior liens on 4 existing properties (primary residence, 2 assisted living homes & rental property)
John Deere 790 Tractor
Working Capital for Animal Rehabilitation Business

Business owner with challenged credit needed funds quickly to continue pursuing growth opportunities.

Maxim Funded: $20,000
Collateral: 2014 Kubota M7040 & 2014 John Deere 790 Tractor with 200 Loader Attachments
First Truck for Start-Up Trucking Company

Start-up trucking business owner without CDL needed financing for first truck purchase.

Maxim Funded: $52,596 (73% of purchase price)
Collateral: 2015 Kenworth T680 with 455K miles
Guarantor: Borrower's CDL Driver

"MAXIM understood the economics of the deal and quickly
completed the transaction, helping the borrower avoid further
extension fees on his expiring loan."

Dana Freeman
Director - Broker Relations
(213) 425-3163

Maxim Commercial Capital
11620 Wilshire Blvd., Suite 540
Los Angeles, CA 90025




Aggregate Funding Sources - Updated
(Online: connects lessees, lessors, and vendors)

These are online companies that connect via Financial Technology to funders of business loans, leasing, working capital, and other finance methods to secure credit approval that meet the criteria of the funder that they represent as well as being the most attractive rate and terms for the applicant.

The list is down to three: one licensed in California and two not. In 2000, there were 23 such companies. There are many alternate finance companies with many sources but they do not qualify as an Aggregate Funding Source.

These companies have several funders "where funders compete."
CapFundNow is not licensed in California, according to the Department of Business Oversight. Zoominfo states they are located in Hauppauge, New York with 11 employees.
Lendio, based in Silicon Slopes, Utah.
License not found in California.  Website states they have a network of 75 lenders offering multiple loan and lease options. They state, "To date, Lendio has facilitated close to $1.5 billion in financing through more than 70,000 loans to business owners in all 50 states. With this access to capital, Lendio’s small business clients have generated an estimated $5 billion in economic output and created more than 35,000 jobs in communities nationwide."

This company appeals to vendors, sellers of equipment. 
Currency Capital is licensed as CFL (Lender and Broker)


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

Lendio Acquires Billy, Unveils Cloud-Based Small Business
Accounting Platform with Integrated Access to Capital

"We've helped fund 70,000 small businesses loans
- that's more than $1.5 billion in capital!"

"Sunrise, a Lendio company, will provide small business owners
robust accounting software and immediate access to capital"



Lendio, the nation’s leading marketplace for small business loans, today announced the acquisition of Billy and the launch of its bookkeeping software for small businesses. Sunrise, a Lendio company, is the first freemium bookkeeping software to meld accounting, cash flow management, loan and credit information into a single platform. This user-friendly cash flow, billing and expense tracking solution also provides solopreneurs and small business owners customized access to Lendio’s marketplace of business loans and award-winning customer service.

Small businesses say cash flow is one of the biggest challenges they face this year, according to a recent Lendio survey of 550 small business owners. Additionally, data from the Lendio platform shows that two-thirds of micro businesses are not currently leveraging an online accounting software. Sunrise aims to give business owners more accurate, real-time insight into their business finances. In turn, business owners will be able to better visualize their cash position, better understand their financial health and better predict their future capital needs.

Brock Blake, CEO and founder of Lendio, said, “We are very excited to announce the acquisition of Billy and the re-brand to Sunrise. The Sunrise platform will bring together previously disparate sources of information for small business owners, such as accounting, loan and credit data.

 “It’s our goal for Sunrise users to feel more confident in making financial decisions that help their businesses grow.”

Backed by proven technology, Sunrise comes in two versions. The first is a free plan that removes unnecessary enterprise features and allows businesses to do both cash and accrual-based accounting. The platform’s invoicing system allows users to create personalized invoices, as well as automate recurring invoices and pay reminders. Customers can easily pay by credit card through the platform’s secure customer portal, and business owners can see when invoices have been viewed, as well as create quotes and estimates online.

In addition to billing, the free version also allows business owners to easily sync bank accounts and credit cards, categorize and track expenses and income, and store receipts in a central location. Reports including profit and loss, balance sheet, tax summary, accounts receivable and customer statements allow business owners to keep better tabs on their financial health. Security is also a priority; users’ data is backed up to multiple data centers and encrypted.

A paid subscription to Sunrise allows growing businesses to expand accounting capabilities by leveraging Sunrise’s tech-enabled bookkeeping experts. More cost-effective than alternatives on the market, Sunrise’s paid subscription allows business owners to automate and streamline accounting tasks, freeing up their time to focus on building their businesses. With access to bookkeeping professionals, business owners will never have to reconcile their own books again. Sunrise’s expert bookkeepers use a three-part system to recognize revenue, take care of invoicing and reconcile books monthly. The paid version also integrates with Stripe, PayPal and Square.

A Sunrise mobile app is currently in development. Over time, other features will be added to Sunrise including auto categorization, a tie-in to tax software as well as more sophisticated loan integrations.

Lendio was founded in 2011 to provide a marketplace of financing options for small business owners. To date, Lendio has facilitated close to $1.5 billion in financing through more than 70,000 loans to business owners in all 50 states. With this access to capital, Lendio’s small business clients have generated an estimated $5 billion in economic output and created more than 35,000 jobs in communities nationwide.

About Sunrise
Sunrise, a Lendio company, is a cloud-based small business accounting platform. With integrated access to capital through Lendio’s marketplace of over 75 lenders, Sunrise is the first freemium bookkeeping software to meld accounting, loan and credit information into a single platform. A user-friendly billing and expense tracking solution, Sunrise gives solopreneurs and small business owners more accurate, real-time insight into their business finances, allowing for more streamlined accounting, invoicing, reporting and access to capital. For more information about Lendio’s acquisition of Billy, visit

About Lendio
Lendio is a free online service that helps business owners find the right small business loans within minutes. With a network of over 75 lenders offering multiple loan options, Lendio’s marketplace is the center of small business lending. Bringing all options together in one place, from short-term specialty financing to long-term, low-interest traditional loans, our technology makes small business lending simple and decreases the amount of time and effort it takes to secure funding. For every loan facilitated on Lendio’s marketplace platform, Lendio Gives, an employee contribution and employer matching program, donates a percentage of funds to low-income entrepreneurs around the world through More information about Lendio is available at Information about Lendio franchising opportunities can be found at

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



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

Chesswood New Additional Funding Facility for Pawnee
Provides Fixed Rate Funding and Competitive Pricing

TORONTO, - Chesswood Group Limited ("Chesswood") (CHW.TO) is pleased to announce the recent closing of a new funding facility with Sun Life Assurance Company of Canada ("Sun Life") for our subsidiary Pawnee Leasing Corporation ("Pawnee"), This new facility finances Pawnee's prime originations and provides additional annual funding for Pawnee of up to US$80 million, with a cost of funds that are fixed at the time of each tranche.

Sun Life has been providing financing to Chesswood's Canadian finance business, Blue Chip Leasing, for many years and this new program for Pawnee is a further extension of this long-standing relationship. Sun Life has been a leader in providing equipment finance facilities to many Canadian finance companies for over 25 years while gradually expanding their US portfolio. Sun Life is one of the largest insurance and asset management companies in the world.

Barry Shafran, Chesswood's President and CEO, declared, "This additional capacity for Pawnee broadens our treasury resources, expands our capacity and improves Pawnee's over-all cost-of-funds in addition to locking in a fixed rate at the time of funding.

 "We are very pleased to be expanding our relationship with Sun Life while enhancing Pawnee's financial resources and expanding its banking relationships" Shafran added.

About Chesswood
Through three wholly-owned subsidiaries in the U.S. and Canada, Chesswood Group Limited is North America's only publicly-traded commercial equipment finance company focused on small and medium-sized businesses. Our Colorado -based Pawnee Leasing Corporation, founded in 1982, finances a highly diversified portfolio of commercial equipment leases and loans through relationships with over 600 independent brokers in the U.S. In Canada, Blue Chip Leasing Corporation has been originating and servicing commercial equipment leases and loans since 1996, and today operates through a nationwide network of more than 50 independent brokers. Located in Houston, Texas, Tandem Finance Inc. provides equipment financing to small and medium sized businesses in the U.S. through the equipment vendor channel. Based in Toronto, Canada, Chesswood's shares trade on the Toronto Stock Exchange under the symbol CHW.

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



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

2019 ELFA Software and Service Guide
Free. Available to Non-Members

Washington, D.C. – The Equipment Leasing and Finance Association released the 2019 ELFA Software Guide showcasing the leading software solutions for the equipment finance industry. The guide is designed to help equipment finance companies compete in the new digital frontier, as more organizations take steps to innovate their business processes, tackle new technology projects and invest in systems upgrades.

The 2019 Software Guide includes “7 Technology Steps to Take Now,” outlining actions companies can take to incorporate emerging technologies into their operations, including:

  • Determine your best benefit from data analytics
  • Implement smart contracts
  • Look for opportunities to apply AI
  • Increase your vigilance against fraud
  • Think about where to use blockchain
  • Look and learn outside equipment finance
  • Modernize your IT systems

The guide also includes “Quick Quiz: How do you know when it’s time to upgrade your software platform?” 

Visit the ELFA website to access the full 2019 ELFA Software Guide:

Learn more about technology and the equipment finance industry at the 2019 ELFA Operations & Technology Conference, Sept. 16-18 in Chicago. See details at

About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 580 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. For more information, please visit

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


Moultrie, Georgia  Adopt a Dog

Meet Zion! She's a sweet 1 year old weighing in at only 33 pounds. Zion came to us as a stray, and after no owner reclaim, she's up for adoption!

This girl has so much energy and is a skilled chest jumper. She would do awesome in a home that's busy with her! Zion is very involved in everyone's personal bubble, so to all the shy people: you have been warned! This girl is all about love!

Come by to meet Zion and fall in love with her personable demeanor!

Moultrie Colquitt County Humane Society
1412 1st St NE
Moultrie, Georgia
Get Directions

Call (229) 985-5463

Hours 10:00 AM - 12:00 PM, 1:30 PM - 5:30 PM

General Information
All of our pets that are available can be found on our Available Dogs Album
 or Available Cats Album on our Facebook page:


5th Annual Conference and Exhibition
National Alliance of Commercial Loan Brokers
October 4 -6  Las Vegas Westin

The Westin Lake Las Vegas Resort & Spa
Our Discounted room rate is $199.
This discounted rate will end October 2019

What makes this conference different are funders and brokers who normally do not attend conferences but who come from all parts of the United States. This is not just for members of one group but open to all, many who do not belong to finance and leasing associations, including specialists with specific followings in business loans, equipment finance and leasing, merchant advance, working capital and other commercial financial transactions.

"Whether you're a bank or private commercial lender, or a commercial loan broker, the NACLB conference is designed specifically for brokers and lenders to help each other get business done.

"Based on a recent poll of last year's conference in Las Vegas, our lenders proposed on over $50,000,000 worth of deals within two months after the conference; all from new broker relationships they gained. That means that the brokers who attended had over $50,000,000 worth of deals that were not being funded previous to attending our conference. No other conference can deliver those numbers!
"Top things you will gain as a broker:

"Meet close to 200 banks and lenders that are eager to take on broker business across multiple funding categories in business lending and commercial real estate lending.

"Get educated on different products to cross sell your clients or gain access to funding products to concentrate on and increase your revenue.

"Learn and hear from the industry's most successful brokers and how they grew their businesses.
Learn how to effectively make the leap from broker to lender.

Discover the changes that might be impacting your industry with regard to regulations.
Keynote Speaker

Robert J. O'Neill

Former SEAL Team Six Leader and Man Who Killed Osama bin Laden, Naval Special Warfare Development Group, and New York Times Best-Selling Author.

Among the other speakers is Attorney Ken Greene, Esq., American Association of Commercial Finance Brokers Legal Attorney, well-known Leasing News Advisor and Contributing Writer, speaking on Broker Licensing.

"Our registration is now open and we anticipate over 800 brokers 
to attend based on the success of last year and growth we experienced."
Kris D. Roglieri

Register Now


News Briefs----

Wealthy New Yorkers are ditching city’s high taxes
    for Miami

CIT 2nd Q  $128MM Compared 2018 2ndQ $117MM
Full Press Release:




You May Have Missed---

Solar - Time To Rethink Your Power?



(This an acrostic poem, in which the first letter of each line spells out a clue into the poem's meaning.)

by Nancy Weaver

Victor suffers
In his room, with
Old World strains
Long studied ...
In his hands,
Never mastered.

Are better busied
Slinging bats and stealing bases;
Even measuring odds,
Batting averages
Angles and trajectory and ...
Losers, unknown to composers of
Lovely concertos.


Sports Briefs---

2019 NFL record projections:
  Can Chargers prevent a Patriots run to Super Bowl LIV?

NaVorro Bowman officially retires with 49ers

49ers’ predictions: a better offense,
    a popular punter, and a playoff berth
Where to cheer, park or avoid Ironman 70.3 Santa Rosa, CA


California Nuts Briefs---

Bad news for Gavin Newsom’s housing goals:
  New home permits are down in California

Oakland’s homeless population grows 47 percent in two years

Adachi leak case: SFPD didn’t tell judge
   that target of search was a journalist

San Bruno seeks housing, then rejects it:
   ‘I don’t know what you can get passed’



“Gimme that Wine”

Hot brand Josh Cellars propels Napa Valley's Joseph Carr Wines
    from near bankruptcy to success

The 52 California Wineries You Need to Visit in 2019

Bordeaux Prices Stagnate While Italy Booms

Free Wine App

Wine Prices by vintage

US/International Wine Events

Leasing News Wine & Spirits Page


This Day in History

     1651 - African Anthony Johnson (1600-70) was granted 250 acres of farmland in Northampton County, Virginia. He was one of the first 20 Africans to arrive in Jamestown in 1619. Anthony nearly lost his life in the spring of 1622. Virginia's Powhatan Indians, threatened by the encroachments of tobacco planters, staged a carefully-planned attack that took place on Good Friday. By the middle of the day, over three hundred and fifty colonists were dead. On the plantation where Anthony worked, fifty-two were killed. Only Anthony and four other men survived. In some ways he was a lucky man. To be sure, finding yourself in bondage on a Virginia tobacco plantation was not the result of good luck, but Anthony Johnson would rise above his low status and undoubtedly become the envy of many colonists. Referred to as "Antonio a Negro" in early records, it's not clear whether he was an indentured servant (a servant contracted to work for a set amount of time) or a slave. Several years later, "Mary a Negro" was brought in to work on the plantation -- she was the only woman on the plantation. At the time, Virginia was populated almost exclusively by men. Still, Anthony and Mary became husband and wife, and they had four children. In 1665, Anthony and his family sold their 250 acres and moved to Maryland where they leased a 300-arce tract of land. Anthony died five years later, in the spring of 1670; Mary renegotiated the lease for another 99 years. That same year, a court back in Virginia ruled that, because "he was a Negro and by consequence an alien," the land (in Virginia) owned by Johnson rightfully belonged to the Crown. 
    1683 - The 1st settlers from Germany to US left aboard the ship Concord.
    1701 - Anniversary of the landing at the site of Detroit by Antoine de la Mothe Cadilac in the service of Louis XIV of France. Fort Ponchartrain due Detroit was first settlement on site. 
    1758 – George Washington was admitted to the Virginia House of Burgesses.
    1807 - Birthday of Ira Aldridge (1807-67) in NYC.  He was a great 19th century Black actor, famous throughout the world. 
    1842 - Birthday of writer Ambrose Bierce (1842-1914) in Meigs County, OH.  In 1913, Bierce traveled to Mexico to gain first-hand experience of the Mexican Revolution. He was rumored to be traveling with rebel troops, but was not seen again. 
    1847 - The Mormons settled in Utah's Great Salt Lake Valley. The land at the time was Mexican territory.  After 17 months of travel, Brigham Young led 148 Mormon pioneers, resulting in the establishment of Salt Lake City. Celebrations of this event include the Pioneer Day state holiday and the Days of ’47 parade.
    1856 - Dr. Andrew Randall, chairman of the Academy of Sciences, was shot and killed by the gambler Joseph Hetherington. Dr. Randall came to California with Montgomery on the "U.S.S. Portsmouth" and lived at the Niantic Hotel. His office was at 134 Clay St. 
    1866 - Tennessee was the first state readmitted to the Union after the Civil War. 
    1897 - Birthday of Amelia Earhart (1897-1937) at Atchison, KS.  American aviatrix lost on flight from New Guinea to Howland Island in the Pacific Ocean on July 2, 1937. She was the first woman to cross the Atlantic solo and fly solo across the Pacific from Hawaii to California. 
    1900 - Birthday of Zelda Fitzgerald (1900-48) in Montgomery, AL.  She was the first wife of novelist F. Scott Fitzgerald. 
    1906 - Birthday of alto sax player Johnny Hodges (1906-70), Cambridge, MA. 
    1908 - Charles “Cootie” Williams (1908-85) Birthday in Mobile, AL. 
    1909 - Birthday of Swing trumpeter Joe Thomas, Groves, MO. 
    1911 – At Cleveland's League Park, the first unofficial Major League All Star game, a benefit game for Addie Joss’ family, saw the Naps lose to the All-Stars, 5-3.
    1916 - Birthday of great detective writer John D MacDonald (1916-68)  “Deep Blue Goodbye”.   Travis McGee series (have read them all, he is one of my favorite authors). 
    1919 - Race riot in Washington DC (6 killed, 100 wounded) 
    1921 - Birthday of pianist Billy Taylor (1921-2010), Greenville, NC 
    1924 - Birthday of African-American Townsend “Sonny” Brewster, playwright and activist. 
    1936 - Birthday of James Lee (Jim) Brock (1936-94), college baseball coach born at Phoenix, AZ. Brock was an outstanding coach at Arizona State University. His Sun Devils won the College World Series in 1977 and 1981, and his teams compiled a record of 977 wins and only 378 losses.    
    1936 - 118ø F (48ø C), Minden, Nebraska (state record) 
    1936 - 121ø F (49ø C), near Alton, Kansas (state record) 
    1937 - Alabama drops charges against five blacks accused of rape in Scottsboro 
    1937 - The Farm Security administration (FSA) was established through passage of the Bankhead-Jones Act. The FSA was empowered to make four-year on at 3% interest to aid farm tenants, sharecroppers, and laborers. 
    1938 - Birthday of Mike Mainieri, vibes, in The Bronx. 
    1938 - Artie Shaw records “Begin the Beguine”. (Bluebird 7746) 
    1939 - Birthday of saxophonist Charles McPherson, Joplin, MO. 
    1940 - Cynthia Moss birthday in Ossining, NY.  U.S. wildlife biologist. Primarily an elephant researcher, she proved that elephants are led by the oldest and the wisest cow and that the males are inveterate bachelors. She was senior associate of the African Wildlife Foundation. Partly because of Moss's research, other women researchers have shown that most herd animals are led by the oldest and wisest female, not the male who is generally used for defense. Even the old idea that the dominant male was the primary breeder has been disproved. 
    1944 - During World War II, the US Army ordered desegregation of its training camp facilities. Later the same year, black platoons were assigned to white companies in a tentative step toward integration of the battlefield. However it was not until after the War—July 26, 1948—that President Harry Truman signed an order officially integrating the armed forces. 
    1945 - As the Potsdam Conference came to a close in Germany, Churchill, Truman and China's representatives fashioned a communique to Japan offering it an opportunity to end the war. It demanded that Japan completely disarm, allowed them sovereignty to the four main islands and to minor islands to be determined by the Allies, and insisted that all Japanese citizens be given immediate and complete freedom of speech, religion and thought. The Japanese would be allowed to continue enough industry to maintain their economy. The communique concluded with a demand for unconditional surrender. Unaware these demands were backed up by an atomic bomb, on July 26, Japanese Prime Minister Admiral Kantaro Suzuki rejected the Potsdam Declaration. 
    1949 - Top Hits 
“Some Enchanted Evening” - Perry Como 
“Bali Ha'I” - Perry Como 
“Again” - Gordon Jenkins 
“One Kiss Too Many” - Eddy Arnold 
    1952 - 112ø F (44ø C), Louisville, Georgia (state record). 
    1953 - Birthday of trumpet player Jon Faddis, Oakland, CA 
    1956 – It was “yesterday” in 1946 that they first appeared. After a decade together as the country's most popular comedy team, Dean Martin and Jerry Lewis called it quits this night. They did their last show at the Copacabana nightclub in New York City. The duo ended their relationship exactly 10 years after they had started it in Atlantic City.  The two men reconciled privately in the later years of Martin's life. In 1976, Martin made a surprise appearance on Lewis's annual Labor Day telethon for the Muscular Dystrophy Association, orchestrated by Frank Sinatra. According to Lewis, the two spoke "every day after that".  Another source] claims that contrary to belief, the 1976 MDA telethon was not the first reconciliation of the legendary comedy team. In 1960, four years after they split, Martin and Lewis briefly reunited. Both were performing their own separate acts at the Sands Hotel in Las Vegas, a club they frequently played while they were together. Lewis caught Martin's closing act and Martin introduced his former partner to the audience, bringing him on stage. 
    1957 - Top Hits
“Teddy Bear” - Elvis Presley 
“Love Letters in the Sand” - Pat Boone 
“It's Not for Me to Say” - Johnny Mathis 
“Bye Bye Love” - The Everly Brothers 
    1959 - Vice-President Richard Nixon argued with Khrushchev, known as "Kitchen Debate" He had arrived in Moscow , beginning a two-week tour of the U.S.S.R. and Poland. The next day, he held a highly publicized kitchen debate, a discussion with Soviet Premier Nikita S. Khrushchev while standing before a kitchen exhibit in the U.S. exhibition in Moscow.  After the impromptu, so-called kitchen debate, Nixon formally opened the exhibition 
    1961 - A U.S. passenger jet was hijacked. An armed passenger forced the pilot of an Eastern Airlines Electra en route to Tampa from Miami to divert to Havana, Cuba.  This began a trend of hijacking planes to Cuba. 
    1964 - Birthday of baseball player Barry Bonds, six-time All-Star, three-time National League MVP, born Riverside , CA. 
    1964 - The Beach Boys' "California Girls" is released in the US, where it will reach #3 in September. 
    1964 - The trio of Dino, Desi and Billy achieve their first US chart entry with "I'm A Fool", which will rise to #17. Dino, the son of Dean Martin, Desi, the son of Lucille Ball and Desi Arnaz, along with Billy Hinsche, would also crack the Top 40 with "Not The Lovin' Kind" later in the year. 
    1965 - Top Hits 
“(I Can't Get No) Satisfaction” - The Rolling Stones 
“I'm Henry VIII, I Am” - Herman's Hermits 
“What's New Pussycat?” - Tom Jones 
“Before You Go” - Buck Owens 
    1966 - PITTMAN, RICHARD A., Medal of Honor 
Rank and organization: Sergeant (then L/Cpl.), U.S. Marine Corps, Company 1, 3d Battalion, 5th Marines, 1st Marine Division (Rein) FMF. Place and date: near the Demilitarized Zone, Republic of Vietnam, 24 July 1966. Entered service at: Stockton, Calif. Born: 26 May 1945, French Camp, San Joaquin, Calif. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty. While Company 1 was conducting an operation along the axis of a narrow jungle trail, the leading company elements suffered numerous casualties when they suddenly came under heavy fire from a well concealed and numerically superior enemy force. Hearing the engaged marines' calls for more firepower, Sgt. Pittman quickly exchanged his rifle for a machinegun and several belts of ammunition, left the relative safety of his platoon, and unhesitatingly rushed forward to aid his comrades. Taken under intense enemy small-arms fire at point blank range during his advance, he returned the fire, silencing the enemy position. As Sgt. Pittman continued to forge forward to aid members of the leading platoon, he again came under heavy fire from 2 automatic weapons which he promptly destroyed. Learning that there were additional wounded marines 50 yards further along the trail, he braved a withering hail of enemy mortar and small-arms fire to continue onward. As he reached the position where the leading marines had fallen, he was suddenly confronted with a bold frontal attack by 30 to 40 enemies. Totally disregarding his safety, he calmly established a position in the middle of the trail and raked the advancing enemy with devastating machinegun fire. His weapon rendered ineffective, he picked up an enemy submachinegun and, together with a pistol seized from a fallen comrade, continued his lethal fire until the enemy force had withdrawn. Having exhausted his ammunition except for a grenade which he hurled at the enemy, he then rejoined his platoon. Sgt. Pittman's daring initiative, bold fighting spirit and selfless devotion to duty inflicted many enemy casualties, disrupted the enemy attack and saved the lives of many of his wounded comrades. His personal valor at grave risk to himself reflects the highest credit upon himself, the Marine Corps, and the U.S. Naval Service. 
    1967 - Jefferson Airplane's second album "Surrealistic Pillow" is certified Gold on the strength of the Top Ten hits, "Somebody to Love" and "White Rabbit".
    1969 - Hoyt Wilhelm, pitching for the Chicago White Sox, set a major-league baseball record by pitching in game number 907 of his career. Wilhelm went on to lead all major-league hurlers (number of games pitched) with 1,070 in his career (1952-1972). 
    1971 - Apollo 15 launched. Astronauts David R. Scott and James B. Irwin landed on moon (lunar module Falcon) while Alfred M. Worden piloted command module Endeavor. Rover 1, a four-wheel vehicle, was used for further exploration. Departed moon Aug 2, after nearly three days. Pacific landing Aug 7. 
    1973 - Top Hits 
“Bad, Bad Leroy Brown” - Jim Croce 
“Yesterday Once More” - Carpenters 
“Shambala” - Three Dog Night 
“Love is the Foundation” - Loretta Lynn 
    1974 - In a decision on the White House tapes, the Supreme Court ordered that special prosecutor Leon Jaworski's subpoena of tapes and documents be honored by the White House. It ruled that presidential privilege did not apply to evidence required in prosecuting Watergate-related crimes.  President Nixon turned over the materials on July 30 and August 5. 
    1978 - Billy Martin was fired. He was replaced this time by Bob Lemon. It was the first of three times the manager of the New York Yankees baseball team would get the boot. Martin would be canned again in 1979 and in 1983, each time by Yankees owner George Steinbrenner... "the one is a born liar the other a convicted one" comment about Steinbrenner and Jackson 
    1979 - At Fenway Park off A's hurler Mike Morgan, Red Sox first baseman Carl Yastrzemski becomes the 18th major leaguer and seventh in the American League to hit 400 home runs. 'Captain Carl' will end his 23-year career with 452 homers. 
    1981 - Top Hits 
“Bette Davis Eyes” - Kim Carnes 
“All Those Years Ago” - George Harrison 
“The One that You Love” - Air Supply 
“Feels So Right” - Alabama 
    1983 - Kansas City Royals slugger George Brett slammed a two-run homer with two outs in the ninth inning to give the Royals a 5-4 lead over New York . Or did he? Seconds after Brett crossed home plate, New York Yankees Manager Billy Martin came out of the dugout to protest that the pine tar on Brett's bat was more than 18 inches up the bat handle. The umpires measured Brett's bat, using home plate as a measuring rod, and came to the conclusion that Martin was correct and called Brett out, erasing the Royals lead. Or did they? The president of the American League, Lee McPhail, later reversed the umpires' decision on the pine tar and ruled that the game was suspended -- with the Royals leading, 5-4. The game was completed 3 1/2 weeks later, on August 18, 1983, in Yankee Stadium. The outcome of the game? It only took 12 minutes to play the remainder of the contest with the Royals tarring the Yankees 5-4. 
    1984 - After 14 years and four Super Bowl championships with the Pittsburgh Steelers, Terry Bradshaw retired from the National Football League. Bradshaw, age 35, was forced to the sidelines by an elbow injury. Following a divorce from ice skater Jo Jo Starbuck, Bradshaw joined CBS as a football analyst. 
    1989 - Top Hits 
“Toy Soldiers” - Martika 
“Express Yourself” - Madonna 
“Batdance” - Prince 
“What's Going on in Your World” - George Strait 
    1998 - “In the last great invasion of the last great war, the greatest danger for eight men ... was saving one.” That one was one Private James Ryan and the story of the search for him, "Saving Private Ryan", opened in U.S. theatres this day. Produced and directed by one Steven Spielberg, the movie earned $30.58 million the first weekend.
    1998 – Russell Weston, Jr burst into the Capitol and opens fire, killing two police officers. He is later ruled to be incompetent to stand trial. 
    2002 – Democrat James Traficant was expelled from the House on a vote of 420 to 1.  He represented the 17th Congressional District, which centered on his hometown of Youngstown and included parts of three counties in northeast Ohio's Mahoning Valley.  After being convicted of taking bribes, filing false tax returns, racketeering and forcing his aides to perform chores at his farm in Ohio and houseboat in Washington, DC, he was sentenced to prison and released on September 2, 2009, after serving a seven-year sentence.
    2005 – Lance Armstrong retired after winning a record seventh consecutive Tour de France victory.  Those titles were stripped for doping in 2012.



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