Pictures from the Past - 1993 Balboa Capital
Shawn Griffin, CLP & Patrick E. Byrne, CLP
Plus 2023 Update

WAEL Newsline

Balboa Capital Corporation VP Finance Shawn Griffin, CLP (left) congratulates President Patrick E. Byrne, CLP. The Western Association of Equipment Leasing member firm was recently ranked #67 overall on the Inc. 500 list.

Firms: Balboa Capital Corp.
Specialization: High-tech
Lease Range: $10K-$2 million
Number of Employees: 35

Irvine-based Balboa Capital Corporation is the 67th fastest-growing private company in the U.S. according to Inc. Magazine.  In its annual “Inc.550 Survey, “published in the October, 1993 edition, Balboa ranked 67 overall and second in southern California, based on their five year grown pattern.

The secret to their success? According to President Patrick E. Byrne, CLP, “We pride ourselves on creative thinking and promoting from within. Being a member of WAEL has helped us grow with its many opportunities to interact and network. Through WAEL, we’ve developed important partnerships and relationships with funders and suppliers.”

Byrne founded the fledging company six years ago---and joined WAEL a year later. The company, which started in a small office with only three employees, has increased now to three offices with thirty employees. Byrne said he predicts a 50 percent growth next year.

Vice President of Finance Shawn Griffin, CLP, adds, “Our sales force doesn’t have the frame of reference of the ‘easy years’ of the 80s.  They simply don’t acknowledge the existence of a recession. They think that this is the way it’s supposed to be and just go out and write lots of business.”

Byrne and Griffin can be reached at (310) 575-9900, 11150 Santa Monica Blvd, Suite 670, Los Angeles, CA. 90025.

Fall, 1993, WAEL Newsline
The Western Association of Equipment Leasing was funded in 1974. It merged in 2007 with the Eastern Association of Equipment Leasing, and today is known as NEFA (National Equipment Finance Association).

2023 UPDATE

Patrick Byrne launched Balboa Capital in 1988 with $4,000. Shawn Griffin joined him as partner. Byrne stepped aside later, but came back, purchasing the company in full. 

December, 2021: Ameris Bancorp acquired Balboa from Patrick Byrne for $150 millon pretax cash. Ameris Bank had a $2.3 billion tangible book value and market cap slightly above that, making the company a subsidiary.

The company’s headquarters today is in Costa Mesa, California, has 229 employees doing transactions from $3,000 to $5 million, and has funded over $7 billion.

The Executive Team is:

Patrick Byrne
Chief Executive Officer

Phil Silva
President

Robert Rasmussen
Chief Operating and Risk Officer

Jim Grant
Vice President, Portfolio Management

https://www.balboacapital.com/executive-team

https://www.balboacapital.com

 

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

(This Event Will Fill Up, including Hotel Rooms - Editor)

Registration Now Open for 2023 ELFA Annual Convention
“Future 360” is the theme for the event on Oct. 22-24

WASHINGTON, D.C. – Registration is now open for the Equipment Leasing and Finance Association’s 62nd ELFA Annual Convention, scheduled Oct. 22-24, 2023, at the at the JW Marriott Phoenix Desert Ridge in Phoenix, Arizona. The Convention brings together professionals from across the $1 trillion equipment finance industry to learn and network. The early-bird registration deadline is Aug. 11.

(Note: It is Mr. Petta’s Farwell conference as he is retiring the end of the year. Be prepared for a very large turnout - Editor).

ELFA President and CEO Ralph Petta added that there are multiple opportunities to meet and network with colleagues. “There’s nowhere else to connect with so many members of the ELFA community in one place.”  

ELFA Board Chair Bob Neagle, President and CEO Finova Capital, in a video posted at www.elfaonline.org/AC, said, “We’re going to be looking at new developments across the industry and what they mean for our businesses moving forward.”

The agenda for the 62nd ELFA Annual Convention will include a wide range of educational sessions on industry hot topics. Attendees will hear from keynote speakers including Tim Urban, a blogger, author, illustrator, and speaker. Attendees also will have the opportunity to participate in interactive networking opportunities, visit an exhibit hall showcasing industry solutions, and give back through community service projects.

More information about the 62nd ELFA Annual Convention, including registration details, hotel reservations, and exhibiting and sponsorships opportunities, is available at www.elfaonline.org/ac. 

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. ELFA has been equipping business for success for more than 60 years. For more information, please visit. https://www.elfaonline.org/

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

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Connecticut Commercial Finance Disclosure Law
Goes into Effect July 1, 2024
By Sloan Schickler, Esq.

Connecticut Governor Ned Lamont has signed the law which goes in to effect July 1, 2024. Unlike California and New York’s commercial disclosure laws, the Connecticut Act does not require disclosure of the annual percentage rate.

On June 7, 2023, the Connecticut State Legislature passed an Act Requiring Certain Financing Disclosures, Senate Bill No. 1032 (“Law”) Bill text. The Law was sent to the governor for signing on June 28, 2023 and will go into effect on July 1, 2024. This makes Connecticut the sixth state to pass a law requiring commercial finance disclosures.

While the bill bears some similarity to those passed in other states, it is limited in application to the merchant cash advance business so that the result is most similar to that of Virginia.

Under the Law, commercial financing means transactions of an extension of “sales-based financing” in an amount of $250,000 or less, provided it is for business purposes and not for personal, family or household purposes.

Sales-based financing is defined as a transaction repaid over time based upon sales or revenue or according to a fixed payment mechanism that adjusts based on sales or revenue. Thus, the law is limited to merchant cash advance business or any other transactions that resemble such format.

Transactions and entities exempt from the disclosure requirements are:

• Banks, credit unions, technology providers to exempt entities, lenders regulated under the federal Farm Credit Act;
  
  
• Transactions secured by real property;
  
  
• Those who extend or broker a lease as defined under the Connecticut Uniform Commercial Code(“UCC”);
  
  
• Providers of purchase-money obligations as defined under the UCC;
  
  
• Those who extend commercial financing credit 5 times or less in the state during a 12-month period;
  
  
• Providers of open-end credit plans of at least $50,000 to a dealer or a rental car company or affiliate;
  
  
• Persons who extend or broker commercial financing transactions for the sale of products or services that such person manufactures, licenses or distributes or whose parent company, subsidiary or affiliates manufactures, licenses or distributes.

Providers of transactions are required to give written disclosures when the provider extends a specific offer for sales-based financing.

Information to be disclosed includes:

• The total amount of financing;
  
  
• The disbursement amount after any deductions or withholding;
  
  
• the finance charge; the total repayment amount which is the disbursement amount plus the finance charge;
  
  
• The estimated time period required for the periodic payments to equal the total repayment amount; the payment amounts;
  
  
• A description of any other potential fees and charges not included in the finance charge; any finance charge the borrower will be required to pay on early termination or a refinancing aside from interest accrued and any additional fees resulting;
  
  
• A description of the collateral or security requirements; whether a broker will be paid directly by the provider and the amount of such compensation.

The Law prohibits provisions in commercial financing contracts that waive the borrower’s right to notice, hearing or court order and such provisions will be unenforceable under the Law. Any offer provided after the effective date of the Law cannot be revoked, withdrawn or modified until midnight of the third calendar day after the offer was made.

Sloan Schickler, Esq.
Schickler & Schickler PLLC
One Rockefeller Plaza, FL11
New York, NY 10020
Direct Dial: 212-262-5297
sloan.schickler@schicklerlaw.com
https://schicklerlaw.com

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Leasing and Finance Industry Help Wanted
  We Are Growing Our Senior Sales Team Now!
www.topmarkfunding.com/careers

Be Yourself and Stand Out:
The Key to Success
By Ken Lubin, ZRG Partners

In a world where conformity and fitting in seem to be the norm, it's easy to lose sight of our individuality and unique qualities. However, the truth is that success often lies in embracing our true selves and daring to stand out from the crowd. Whether it's in our personal lives or professional endeavors, being authentic and genuine can unlock doors of opportunity and lead us to unparalleled success; why being yourself and standing out is the key to achieving your goals and finding fulfillment.

1. Embrace Your Authenticity: In a society that often celebrates trends and encourages conformity, it's crucial to remember that your authenticity is what sets you apart. Embracing your true self means being honest about your values, interests, and aspirations. Don't be afraid to showcase your unique personality, talents, and perspectives. By doing so, you'll attract people who appreciate you for who you genuinely are, creating genuine connections and opportunities.
   
   
2. Differentiate Yourself: When you have the courage to stand out, you automatically differentiate yourself from the crowd. Whether you're pursuing a career or starting a business, showcasing your unique skills, experiences, and ideas will make you memorable. Remember, it's not about trying to be eccentric or contrived; it's about leveraging your strengths and bringing your own unique flavor to everything you do.
   
   
3. Build Confidence: Being true to yourself builds confidence, which is a crucial ingredient for success. Confidence allows you to take risks, overcome challenges, and seize opportunities that come your way. When you're confident in your own skin, others will naturally be drawn to your presence and expertise. People are more likely to trust and support someone who is comfortable and secure in their identity.
   
   
4. Inspire and Attract Opportunities: When you embrace your authenticity and stand out from the crowd, you become an inspiration to others. By living your truth, you give permission for those around you to do the same. Your confidence and uniqueness can inspire others to break free from societal expectations and embrace their own individuality. Additionally, your distinctive qualities and perspectives can attract opportunities that align with your values and goals.
   
   
5. Cultivate Innovation: Innovation thrives on diversity and fresh perspectives. When you bring your authentic self to the table, you introduce new ideas, approaches, and solutions. By thinking outside the box and challenging conventional thinking, you have the power to make a real impact. Embrace your uniqueness as a catalyst for innovation, and you'll find yourself at the forefront of creativity and progress.

Being yourself and standing out from the crowd is not always easy, but it is the key to unlocking your true potential and achieving success. Embrace your authenticity, differentiate yourself, build confidence, inspire others, and cultivate innovation. Remember, the world needs your unique contributions, and your true self is your greatest asset. So dare to be different, embrace your individuality, and let your light shine brightly in everything you do.

Ken Lubin
Managing Director
ZRG Partners, LLC
Americas I EMEA I Asia Pacific
C: 508-733-4789
https://www.linkedin.com/in/klubin

The Ultimate Hire Collections:
http://leasingnews.org/Conscious-Top%20Stories/ultimate.html

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Top Ten Leasing News Read by Readers
July 6

(1) License and Registration United States Updated
  Note: New York Commercial Disclosure Law Goes
    in effect August 1, 2023 - Florida  started July 1, 2023
https://leasingnews.org/archives/Jul2023/07_06.htm#license

(2) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Jul2023/07_06.htm#hires

(3) Commercial Industrial Finance
Rebrands as Republic Bank Finance
https://leasingnews.org/archives/Jul2023/07_06.htm#republic

(4) ELFA to Host Free Webinar on State Commercial Financing
Disclosure Laws on Wednesday, July 12, 1-3 p.m. EST
https://leasingnews.org/archives/Jul2023/07_06.htm#elfa

(5) Interest Rates Pressure Small Possesses
  But They Have Confidence and Remain Optimistic
by Delaney Sexton, Coleman Report, Abridged
https://leasingnews.org/archives/Jul2023/07_06.htm#interest

(6) New Searches: Q3/2023
By Ken Lubin, ZRG Partners
https://leasingnews.org/archives/Jul2023/07_06.htm#searches

(7) Top Ten Leasing News Read by Readers
June 26 to June 30
https://leasingnews.org/archives/Jul2023/07_06.htm#top_626

(8) The boomers are retiring. See why
that’s bad news for workers.
https://www.washingtonpost.com/technology/interactive/2023/aging-america-retirees-workforce-economy/?itid=hp-mv-top-stories_top-table-main_p001_f001

(9) The wait for US passports is creating travel
purgatory and snarling summer plans
https://www.morningjournal.com/2023/07/04/the-wait-for-us-passports-is-creating-travel-purgatory-and-snarling-summer-plans/

(10) New Car Sales Jumped in the Second Quarter
Demand, Supply Chain UP Despite Interest Rates Increase
https://www.nytimes.com/2023/07/05/business/general-motors-auto-sales.html

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Records Show Arizona Crossed $100 Million
Mark for Monthly Cannabis Sales

State data has revealed that Arizona’s recreational cannabis market passed the $100 million sales threshold in March. The state legalized recreational cannabis in 2020 via the Safe and Smart Arizona Act, allowing the purchase, possession and use of recreational cannabis by adults aged 21 years of age and older.

It took Arizona a little more than a year after legalization to reach $100 million in adult-use cannabis sales, with recreational marijuana sales tripling medical cannabis sales over the last three months. According to the Arizona Department of Revenue, the state’s medical marijuana market has averaged $30 million in sales every month. Recreational cannabis sales in March were close to $101 million, increasing by more than $10 million from the $86.5 worth of recreational cannabis sold in April.

Cumulative sales for both recreational and medical cannabis reached $100 million in March 2021 with $59 million in recreational cannabis sales and more than $473 million in medical cannabis sales. Although overall cannabis sales in Arizona have surpassed $100 million every month since, March 2023 was the first time recreational cannabis sales alone breached the $100 million mark.

Source: CannabisNewsWire

Complete Article:
https://www.cannabisnewswire.com/420-with-cnw-records-show-arizona-crossed-100m-mark-for-monthly-cannabis-sales

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Financing Cannabis Funding Sources
Many Work with Third Party Originators

Alliance Commercial Capital
Alternative Finance Network
Cannabis Equipment Leasing
International Financial Services (IFS)
NEC Financial Services
Number One Enterprise
Prime Commercial Lending
Slim Capital
Vertical Companies
XS Equipment Leasing Solutions

(If you finance companies or retailers for this product, please email: kitmenkin@leasingnews.org
to join the list)

Great Pyrenees Labrador Retriever Mix
Located in San Jose, California - Adopt-a-Dog

Casper
Male
1 Year Old
65 lbs.
Neutered

Casper should be an only dog.
No children or cats.

If you are interested in fostering or adopting, please contact Kris at krisellen.nm@gmail.com

Background: Last year, Casper and 6 of his littermates were brought in from a rescue in Chowchilla that asked for help with them and their mom. The pups were about three months old at that time.

Chowchilla obtained them through an owner surrender from Bakersfield. The mom is a Great Pyrenees and the dad was reported to be a Lab, although one of the pups has a blue eye so there could be some Border Collie or Husky in the mix.

Casper's mom and all of the littermates were adopted last year.

Casper was recently returned to our program for exhibiting resource-guarding behavior.

Casper's foster worked with this behavior when Casper was a puppy and Casper eventually caught on to the "leave it" command. He was adopted, and his family continued to work with Casper.

Casper's resource guarding with his adopters escalated to where he stopped responding to "leave it" and even bit his owners a few times and the other dog in the home. The bites were minor and did not require medical attention but were still understandably, unsettling.

They were going to work with a trainer until Casper bit the owner over a cleansing wipe that was in a foil wrapper. Typically, they would have easily been able to say "leave it" to where Casper would either drop it and if he didn't, they would be able to take it out of his mouth.

Outside of the resource guarding, Casper's former family described him as "very sweet and a quick learner. He loves to be around people and play fetch. He can be very gentle and loving. In the middle of the night, if he needed to go potty, he would gently lick my face until I woke up. I could go on for days about what a great dog Casper is. He knows how to play dead, he would go to his crate when we said it was time for bed. He liked sleeping in his crate, and we always left the crate door open for him. When it was warm, we would find him sleeping in our bathtub."

What The Boarding Facility Says: Casper is currently being boarded and has been reactive when dogs pass his kennel and gets fixated on cats, dogs, and squirrels on walks.

At the boarding facility, he spends time with a kennel attendant with walks around a downtown neighborhood and hangs out watching TV in our office; he has occasional free roam time in a large room and enclosed parking lot.

Casper is a big dog that needs a special person to give him another chance. Upon evaluating and having Casper in our boarding care, we believe with the right training and guidance, Casper can be rehabilitated and become a good companion.

This person needs to be someone who is comfortable with big dogs and has experience working with dogs with behavior issues. The ideal person for Casper will need to be patient, consistent, and confident in their handling of him. They will need to be understanding of the situations he's been in and willing to work with him to overcome his fears and anxieties.

https://www.labrescue.org/contact.html

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Coleman Training
State Licensing Thursday July 13 2:00 pm Eastern (live)

In Another Brand New SOP 50 56 1
Effective August 1, 2023

Site License includes access to a Coleman Training Live Stream Webinar
Thursday, July 13, 2023 (Live Session)
2:00 p.m. Eastern

75-minute training with e-certification

July 13th Webinar
Registration Link
https://colemanreport.com/wp-content/uploads/2023/06/RegistrationForm071323-SOP50561.pdf

Unlimited Group Site License - $800
Single User Site License - $500

The SBA's just released SOP for Lender and Development Company Loan Programs (SOP 50 56 1) has significant mandated requirements for lenders. This webinar will provide lenders with a comprehensive overview of the challenges presented by the new SOP and the impact on its small business lending portfolio.

Coleman SBA SOP training guru Lance Sexton will discuss the key changes, challenges, and opportunities presented by the new SOP, and provide practical tips and strategies for lenders for successful compliance of SBA regulations.

https://colemanreport.com/colemans-certified-sba-loan-training/

News Briefs---

SVB Financial sues US banking regulator
    to recover $1.9 billion
https://www.ft.com/content/be632d91-29c2-4db3-87bf-66029cbcd855

Bank of America Fined $150 Million Over
    ‘Junk Fees’ and Fake Accounts
https://www.nytimes.com/2023/07/11/business/bank-of-america-fine.html

Where Does New York City Office Furniture
    Go When No One Wants It?
https://www.nytimes.com/2023/07/10/nyregion/office-furniture-nyc.html

Disney World Hasn’t Felt This Empty in Years
    Shorter wait times and more discount offers
https://www.wsj.com/articles/disney-world-crowds-universal-studios-florida-36b0a579?st=8dfaej210t7weko&reflink=desktopwebshare_permalink

The Next Challengers Joining Nvidia in the AI Chip Revolution
    AMD, startups and cloud companies are looking to tap in
https://www.wsj.com/articles/the-next-challengers-joining-nvidia-in-the-ai-chip-revolution-e0055485?st=mtdti4wyc8h1z1m&reflink=desktopwebshare_permalink

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Bitter rivals. Beloved friends. Survivors.
    After 50 years, Chris Evert and Martina Navratilova understand each other like no one else can. When cancer came, they knew where to turn.
https://www.washingtonpost.com/sports/interactive/2023/chris-evert-martina-navratilova-cancer/?pwapi_token=eyJ0eXAi

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Sports Briefs---

Baseball Scouts Call In Artificial Intelligence Help From the Bullpen
https://www.wsj.com/sports/baseball/mlb-draft-artificial-intelligence-97522ebf?st=2sen7r7lzaqfic1&reflink=desktopwebshare_permalink

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California News Briefs---

Gov. Newsom signs budget with bills to streamline
     environmental approval for clean energy
https://www.mercurynews.com/2023/07/10/newsom-signs-budget-with-bills-to-streamline-environmental-approval-for-clean-energy/

Farmers, California’s second-largest insurer,
    limits new home insurance policies
https://www.latimes.com/business/story/2023-07-11/farmers-californias-second-largest-insurer-limits-new-home-insurance-policies

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Gimme that Wine

 

Wine of the week: Gloria Ferrer, NV Blanc de
     Blancs Sparkling Wine, Carneros
Wine of the week: Gloria Ferrer, NV Blanc de Blancs Sparkling Wine, Carneros

2023 Tasting Room Survey Confirms Post-Pandemic
Crowds Have Thinned, Yet Sales Haven't Crashed
https://www.winebusiness.com/news/article/273342

Grape Wine of China
Wine club: China expected to soon join OIV
https://www.grapewallofchina.com/2023/07/02/wine-club-china-expected-to-soon-join-oiv/

This Day in History

     1665 - New Amsterdam legally became British and was renamed New York after English Duke of York.  England installed a municipal government in the former Dutch settlement. 
    1771 - Patrick Gass (d. 1870) was born in Falling Springs, PA.  He was a Sergeant of the Lewis & Clark Expedition who wrote a famous book of the exhibition, “Corps of Discovery” that is still available. 
http://www.amazon.com/exec/obidos/ASIN/0878423516/
greatdividetours/102-3693736-6012943
    1775 - The first U.S. Naval battle in the Revolutionary War took place when Captain James Moore of the British schooner Margaretta arrived in the harbor of Machias, Maine and ordered the inhabitants to take down a liberty pole they had erected. The townspeople, led by Jeremiah and John O'Brien, set out in a confiscated sloop, the Unity, and in a hand-to-hand encounter captured the Margaretta and confiscated her cannons. The captured crew was marched overland to Cambridge, MA where they were turned over to General George Washington. The American loss was four killed and eight wounded. 
    1775 – British Gen. Gage declared martial law in Massachusetts. The British offered a pardon to all colonists who lay down their arms. There would be only two exceptions to the amnesty: Samuel Adams and John Hancock, who if captured, were to be hanged. 
    1776 - Virginia's colonial legislature became the first to adopt a Bill of Rights. The Virginia Declaration of Rights granted every individual the right to the enjoyment of life and liberty and to acquire and possess property. The Virginia document was written by George Mason and was a precursor to the Declaration of Independence. Mason refused to endorse the Declaration of Independence because it did not include a Bill of Rights.
    1787 - Law passed providing a US Senator must be at least 30 years old 
    1806 – The designer of the Brooklyn Bridge, John A. Roebling (d. 1869), was born in Prussia.  He also designed 10 other bridges across eastern and Midwestern rivers.
    1813 - The Revenue cutter Surveyor, at anchor in the York River, Virginia, was surprised by a three-barge attack force launched from the British frigate HMS Narcissus. Outnumbered 50 to 15, the cuttermen wounded seven and killed three of the enemy before the cutter was captured. The British commanding officer of Narcissus was so impressed by "the determined way in which her deck was disputed, inch by inch," in hand-to-hand combat, he returned to Revenue Captain William Travis, the commanding officer of Surveyor, "the sword you had so nobly used."
    1838 - The Iowa Territory was organized.
    1849 – The gas mask was patented by Lewis Haslett, Louisville, KY.
    1859 – The Comstock Lode (silver) was discovered in Nevada.
    1861 - Missouri Governor Claiborne Jackson called for 50,000 volunteers to stop Federal troops from taking over his state.  When Union troops in St. Louis jailed the local militia, fighting broke out and Jackson declared Missouri to be a free republic. In November 1861, the Confederacy recognized Missouri as its twelfth state, but the Union was increasingly dominant, and Jackson and his colleagues fled to Arkansas, pending a new invasion. Before this could happen, Jackson died of stomach cancer at Little Rock. 
    1864 - After suffering a devastating defeat on June 3, Union General Ulysses S. Grant pulls his troops from their positions at Cold Harbor, Virginia, and moves south. Back in Washington, Lincoln fears he may lose the coming election due to the events of the Civil War and unrest of recruiting drives in the North. The North had more men and supplies (especially since they paid bonuses for recruits and allowed citizens to use substitutes.  As many immigrants entered the United States, they were both given a bonus to join, plus clothes, food, housing, and pay). This day in one of his flamboyant moves, Confederate J.E.B “Beauty” Stuart led a force of cavalry and artillery to reconnoiter Federal positions on the Peninsula. Considered the South's first hero, Stuart and his men completely encircled McLennan's forces, disrupting communications and supply lines and leading the Union forces to believe they were threatened by a much larger force. The large boost to Confederate morale was strengthened when Stonewall Jackson's forces were reinforced under orders by Robert E. Lee. Four days later, Stuart had circled the entire Yankee force, 105,000 strong, and provided Lee with crucial information. Lee dispatched Stuart, his dashing cavalry leader, and 1,200 troopers to investigate the position of McClellan's right flank. Stuart soon discovered that McClellan's right flank did not have any natural topographic features to protect it, so he continued to ride around the rest of the army in a bold display that exceeded Lee's orders. His troopers took prisoners and harassed Federal supply lines. They rode 100 miles, pursued by Union cavalry that was commanded, coincidentally, by Stuart's father-in-law, Philip St. George Cooke. The Confederate cavalry was far superior to their Yankee counterparts, and the expedition became legendary when Stuart arrived back to Richmond on June 15. The information provided to Lee helped the Confederates begin an attack that eventually drove McClellan from Richmond's doorstep. Two years later, facing a better coordinated and overwhelming Union Army, General Stuart tried this same strategy, but was fatally wounded and his unit was basically split up into other Confederate forces due to the lack of his leadership. It was said that if Stuart had arrived in Gettysburg on the first day, the outcome may have been different. The battle here was dumb luck into running into one of General Lee's contingents on the way to join him in the plan to raid Washington, D.C. Stuart was said to be the “eyes and ears” of any General Lee campaign, also considered one of the most brilliant war strategist and commander of troops. 
http://www.civilwarhome.com/stuartbi.htm 
http://www.jebstuart.org/ 
http://www.civilwarhome.com/stuartatgettysburg.htm 
http://www.walmart.com/catalog/product.gsp?product_id=484237
&sourceid=0100000010991440602498 
http://www.swcivilwar.com/stuart.html 
http://www.spartacus.schoolnet.co.uk/USACWstuart.htm 
http://www.jebstuart.net/ 
http://www.csa-dixie.com/deathofstuart.htm 
    1868 - Birthday of Solomon (Sol) White (d. 1955) at Bellaire, OH. Baseball player, manager and sportswriter. White played five seasons in white organized baseball and the balance of his career as a player and manager in black baseball. He wrote “The History of Colored Baseball” in 1907.  http://www.pubdim.net/baseballlibrary/ballplayers/W/White_Sol.stm 
    1880 - John Lee Richmond pitched the first perfect game in Major League history: Worcester 1, Cleveland's Forest City 0. 
    1899 – In the country’s eighth deadliest tornado, the New Richmond Tornado killed 117 people and injured around 200. 
    1915 – David Rockefeller (d. 2017), former CEO of Chase Manhattan Bank, was born in NYC.  Rockefeller was the youngest child of John D. Rockefeller and Abby Aldrich Rockefeller, and a grandson of John D. Rockefeller and Laura Spellman Rockefeller.  His fortune was estimated at $3.3 billion at the time of his death.
    1916 - Tennis legend Bill Tilden (d. 1953) made his first appearance at US tennis championship 
    1924 - Birthday of George Herbert Walker Bush (d. 2018), 41st US President, amateur golfer and former college baseball player, in Milton, MA.  http://www.americanpresidents.org/presidents/president.
asp?PresidentNumber=40 
    1928 - Birthday of singer Vic Damone born Vito Farinola (d. 2018), New York, New York. 
http://www.artistdirect.com/music/artist/bio/0,,420154,00.
html?artist=Vic+Damone 
http://deseretnews.com/dn/view/0,1249,150015989,00.html 
http://www.sonymusic.com/cgibin/gx.cgi/AppLogic+smo.custom2.
Page?disc=tid_204471&tour=tid_204471&t=legacy%2fartist 
    1929 - Anne Frank (d. 1945) was born at Frankfurt, Germany.  Her family moved to Amsterdam to escape the Nazis but after Holland was invaded by Germany, they had to go into hiding. In 1942, Anne began to keep a diary given to her on her birthday. She died at Bergen-Belsen concentration camp in 1945. After the war, her father published her diary, on which a stage play and movie were later based. She is remembered today. 
    1930 - Barbara Harris’ (d. 2020) birthday in Philadelphia.  She was the first woman bishop of the Episcopalian Church. Black and lesbian, her ordination as Bishop Suffragan of Massachusetts in 1989 is still being opposed by many in the religious community.   http://www.gale.com/free_resources/whm/bio/harris_b.htm 
    1930 – Jim Nabors (d. 2017), “Gomer Pyle” was born in Sylacauga, AL.
    1934 – The Black-McKeller Bill passed, forcing Bill Boeing’s empire to break up into Boeing United Aircraft [Technologies] and United Air Lines 
    1935 – 17 year-old Ella Fitzgerald, with the Chick Webb Band, makes her record debut with “Love and Kisses” (Decca 494). 
    1935 - Senator Huey Long of Louisiana made the longest speech on Senate record. The speech took 15 1/2 hours and was filled by 150,000 words. 
    1938 - Count Basie and Benny Goodman bands play Madison Square Garden. 
    1939 - The National Baseball Hall of Fame and Museum was dedicated at Cooperstown, NY.  The first players chosen, in 1936, for membership were Ty Cobb, Honus Wagner, Babe Ruth, Christy Mathewson and Walter Johnson. Relics and memorabilia from the history of baseball are housed at this shrine of America's national sport. http://www.baseballhalloffame.org 
    1941 - Chick Corea’s birthday, born Armando Anthony "Chick" Corea in Chelsea, MA.  He established himself as a major jazz figure with his work on Miles Davis's landmark jazz-rock albums "In a Silent Way" and "Bitches Brew" in 1969. Corea continued his rock fusion experiments by forming the group Return to Forever in 1972, making extensive use of synthesizers. The group was popular on the rock circuit before disbanding in 1976. Since then, Corea has played mostly acoustic piano. http://www.chickcorea.com/ 
    1941 – Sportscaster Marv Albert was born Marvin Philip Aufrichtig in Brooklyn.  Honored for his work as a member of the Naismith Basketball Hall of Fame, he is commonly referred to as "the voice of basketball." From 1967-2004, he was also "the voice of the New York Knickerbockers." Albert currently works for Turner Sports, serving as lead announcer for NBA games on TNT.  He also he has experience announcing football, ice hockey, horse racing, boxing, and tennis. Albert has called eight Super Bowls, NBA Finals, seven Stanley Cup Finals, Wimbledon Tennis Championships, and two World Series.
    1942 – Len Barry, lead singer of The Dovells, was born Leonard Borisoff in Philadelphia.  "Bristol Stomp" (went to #2), sold over one million copies, and was awarded a gold disc and the group followed with “You Can’t Sit Down” (#3), and “Hully Gully Baby.”  He went solo in 1965 and landed with “1-2-3” (#2), and “Like a Baby.”
    1944 - In the last years of World War II, the Japanese military turned to increasingly desperate (and suicidal) attack methods. One such method was the kaiten: a kamikaze-like torpedo piloted by a crew member grateful for the honor. The sacrificial warriors would climb into 48-foot metal tubes, seat themselves in canvas chairs before a steering wheel and guidance instruments - a compass, Swiss clock, and radio - and wait to hear the fatal word: Fire! Released from the metal bands clamping it to the submarine, the kaiten began rocketing towards eternity. With a top speed of twenty knots and a range of 27 miles, it was quite a sight, although it regularly missed its target as the pilot struggled to keep the speeding missile on course. When he was successful - the kaiten was tipped with a magnetic warhead designed to explode within 25 feet of any metal hull - the pilot was vaporized upon impact, often in mid-prayer. It was impossible for a submerged "mother" sub to retrieve a kaiten, and if the pilot missed his target, he eventually ran out of fuel, and, gliding to the ocean bottom, was fatally crushed by the immense pressure. (“In Harm's Way”) 
http://www.history.navy.mil/photos/sh-fornv/japan/japtp-ss/kaiten.htm 
http://www.history.navy.mil/photos/sh-fornv/japan/japtp-ss/kaiten-2.htm 
http://www.maritime.org/hnsa-kaiten.htm 
    1944 - A third wave of Allied forces has landed. There are now 326,000 troops, 104,000 tons of supplies and 54,000 vehicles deployed in Normandy, France. Elements of US 7th Corps and 101st Airborne Division advance across the Carentan Peninsula and southwest. Also, the 4th Division is engaged at Montebourg, Crisbecq and near Azeville to the northward drive on Cherbourg. The 5th Corps assists 7th Corps and advances toward St Lo. Caumont is captured and Foret de Cerisy and the Bayeux road are reached.
    1948 - Stan Kenton Band ends tour with concert at Hollywood Bowl. 
    1948 - Eddie Arcaro rode Citation to victory in the Belmont Stakes, making the colt the eighth horse to win the Triple Crown and the last until 1973. 
    1948 - Ben Hogan won the US open at Riviera Country Club with a record score of 276, five strokes better than any previous Open score. For Hogan, it was the first of four Open Championships, the others coming in 1950, 1951, and 1953. 
    1952 - Maurice Olley, Chevrolet's Chief Engineer, completed his chassis, code-named "Opel," which would eventually become the chassis for the 1953 Corvette. In February of 1956, Arkus-Duntov drove a modified Corvette V-8 to a two-way stock car record of 150 miles per hour at the Daytona Raceway. While the Corvette would not surpass the T-Bird in sales during the 1950s, it would fulfill GM's initial expectation in becoming the first American sports car. 
http://vettes.com/RReport/RReport98/RRFall98/Articles/History/51_54vettes.htm 
http://www.millikenresearch.com/olley.html 
    1955 - Top Hits 
“Cherry Pink and Apple Blossom White: - Perez Prado 
“Rock Around the Clock” - Bill Haley & His Comets 
“Learnin' the Blues” - Frank Sinatra 
“In the Jailhouse Now” - Webb Pierce 
    1957 - Jerry Lee Lewis' "Whole Lotta Shakin' Goin' On" entered the Billboard country and western chart. The next week, the record made its debut on the Billboard pop chart as well. The song first sold 100,000 copies in the US South. After Lewis appeared on Steve Allen's TV show, "Whole Lotta Shakin' Goin' On" sold more than six-million copies. It would eventually top both the country and R'n'B charts and rise to number three on the Hot 100 survey.  http://www.jerryleelewis.com/  
    1959 - Chess Records released two LPs in US - "Chuck Berry on Top" and "Go Bo Diddley."
    1959 - Sam Cooke insisted on racially integrated seating for his dual-headlining show with Jackie Wilson in Norfolk, VA. 
    1961 - President John F. Kennedy signed a Presidential Proclamation calling for the American flag to be flown at the Marine Corps War Memorial in Arlington, Virginia, "at all times during the day and night." Discussions between the Attorney General's office and Marine Corps officials earlier in 1961 on improving the visibility and appearance of the monument led to the proposal to fly the Flag continuously, which by law could only be done by Congressional legislation or by Presidential proclamation.  
    1961 – In one of the first rock tours to play on the continent, Frankie Avalon began a 12-day tour of South America. 
    1963 - Medgar Evers, civil rights activist and martyr, was assassinated in front of his home in Jackson, MS by KKK member Byron DeLa Beckwith. http://blackhistory.eb.com/micro/199/92.html 
    1963 - Elizabeth Taylor starred in the $40,000,000 film epic, "Cleopatra." The movie certainly gave ticket buyers their money's worth. It lasted for four hours, three minutes. "Cleopatra" opened at the Rivoli Theatre in New York City on this day. Richard Burton starred as Marc Antony, Rex Harrison played Julius Caesar, Hume Cronyn played Sosigines, Carroll O'Connor was Casa and Roddy McDowell appeared as Octavian. 
    1963 - Top Hits 
“It's My Party” - Lesley Gore 
“Sukiyaki” - Kyu Sakamoto 
“Da Doo Ron Ron” - The Crystals 
“Lonesome 7-7203” - Hawkshaw Hawkins 
    1964 - Nelson Mandela (1918-2013), South African president and political activist, was sentenced to life imprisonment after conviction for "sabotaging" the South African government. Many American were incensed, both political and business boycotts began. 
    1965 - Sonny and Cher made their US television debut, singing "Just You" on ABC-TV's American Bandstand. 
    1965 - Six weeks after it entered the Billboard Hot 100, "Back in My Arms Again" becomes The Supremes’ fifth consecutive number one hit. They were the first American group to accomplish that feat. 
    1965 - The Queen of England announced that The Beatles would receive the coveted MBE Award. The Order of the British Empire recognition had previously been bestowed only upon British military heroes, many of whom were so infuriated by the news, they returned their medals to the Queen. In fact, John Lennon wasn't terribly impressed with receiving the honor. He returned it for other reasons. 
    1966 - The Dave Clark Five broke a record by becoming the first rock band to make 12 appearances on CBS-TV's Ed Sullivan Show. 
    1967 - The US Supreme Court decision in “Loving v Virginia” swept away all 16 remaining state laws prohibiting interracial marriages. http://www.hinton.k12.ia.us/Hinton/Gov/Loving.htm 
http://caselaw.lp.findlaw.com/scripts/getcase.pl?court=US&vol=388&invol=1 
    1971 - Top Hits 
“Want Ads” - The Honey Cone 
“Rainy Days and Mondays” - Carpenters 
“It's Too Late/I Feel the Earth Move” - Carole King 
“You're My Man” - Lynn Anderson 
    1972 – The best chicken on the planet!  Popeye’s was founded in Arabi, LA.
    1972 - Ronnie Spector finally escaped the infamous Alhambra, CA mansion of Phil Spector, barefoot and assisted by her mother, after being held there since their marriage in 1968. Ronnie, formerly lead singer of the Ronettes, reportedly escaped by crashing through the glass door at the back of the "castle," leading to deep cuts on her feet. 
    1973 - Grand Funk record "We're An American Band," which will become their first US number one single by the following September. 
    1973 - Emily Howell is hired by Frontier Airlines, the first woman pilot for a scheduled passenger airline in the United States. She had trained male commercial pilots for years. About six months later, Bonnie Tiburzi flew out of New York as the first woman pilot of a nationwide airline, American Airlines. 
http://www.cogreatwomen.org/warner.htm 
http://www.nasm.edu/nasm/aero/women_aviators/
emily_howell_warner.htm 
    1974 – Hideki Matsui was born in Ishikawa, Japan.  After playing the first ten seasons of his career in Japan, he played the next seven seasons, from 2003–2009, for the New York Yankees. He was the 2009 World Series MVP which the Yankees won, their 28th World Championship.  Combining his Japanese and Major League careers, he hit 507 HRs and knocked over 1600 runs.        
    1978 – “Son of Sam”, David Berkowitz was sentenced to 365 years in prison for six killings in NYC.
    1979 - Top Hits 
“Love You Inside Out” - Bee Gees 
“We are Family” - Sister Sledge 
“Just When I Needed You Most” - Randy Vanwarmer 
“She Believes in Me” - Kenny Rogers 
    1981 - Major League baseball players began a 49-day strike over free-agent compensation. 
    1983 - The state of Utah was besieged by floods and mudslides. Streets in downtown Salt Lake City were sandbagged and turned into rivers of relief. The town of Thistle was completely inundated as a mudslide made a natural dam.
    1983 – The uniforms of Charlie Gehringer, #2, and Hank Greenberg, #5, were retired by the Detroit Tigers, a late honor to two Hall of Famers.  They joined Al Kaline’s #6 which was retired in 1980.
    1987 - President Ronald Reagan delivered a now-famous speech at the Brandenburg Gate in West Berlin, “General Secretary Gorbachev, if you seek peace, if you seek prosperity for the Soviet Union and Eastern Europe, if you seek liberalization: Come here to this gate, Mr. Gorbachev, open this gate! Mr. Gorbachev, tear down this wall!” Destruction began November 9, 1989 on the Berlin Wall that had divided the city for some 28 years. 
    1987 - Top Hits 
“You Keep Me Hangin' On” - Kim Wilde 
“Always” - Atlantic Starr 
“Head to Toe” - Lisa Lisa & Cult Jam 
“I Will Be There” - Dan Seals 
    1988 - A dozen of Canada's top songwriters were honored in Vancouver for writing songs that had been played on Canadian radio at least 100,000 times since 1965. Gene MacLellan won three of the awards from the Performing Rights Organization of Canada, including one for writing the Anne Murray hit, "Snowbird." The others were for "Put Your Hand in the Hand" and "The Call." Burton Cummings also won three awards for "Stand Tall," "Break It to Them Gently" and "These Eyes." 
    1990 - Oakland A's Rickey Henderson becomes 2nd to steal 900 bases. 
    1990 – Cal Ripken, Jr played in his 1,308th consecutive game, moving into second place on the all-time list ahead of former Yankees and red Sox SS Everett Scott (1918-25). Ripken passed Lou Gehrig in 1995 when he played in his 2131st consecutive game as the all-time leader and retired with the still-record 2,632 in 1998.
    1991 - Particle Physics Laboratory in Geneva held a seminar about the World Wide Web, a new hypertext system designed by British computer scientist Tim Berners-Lee during a fellowship at CERN. In May, Berners-Lee had presented the architecture for the World Wide Web to a CERN committee and released a version of the Web on CERN's computers. Berners-Lee had been developing the system, which allowed Internet documents to "link" to each other easily, since 1989. By 1990, he had created the basic parameters of the World Wide Web, which were posted on the Internet in the summer of 1991. Berners-Lee continued to develop the Web through 1993, working with feedback from Internet users. By late 1991 and early 1992, the Web was widely discussed, and in early 1993, when Marc Andreessen and other graduate students at the University of Illinois released the Mosaic browser (Netscape's precursor), the Web rapidly became a popular communications medium. 
    1991 - The Chicago Bulls won their first NBA championship. The Bulls beat the Los Angeles Lakers four games to one.  One of the NBA's greatest dynasties, they won six NBA championships between 1991 and 1998 with two three-peats. The years between the three-peats were those in which Michael Jordan retired following his father’s murder, to play minor league baseball.  All six championship teams were led by Hall of Famers Jordan, Scottie Pippen and coach Phil Jackson. The Bulls are the only NBA franchise to win multiple championships and never lose an NBA Finals in their history. 
    1992 - In a letter to the U.S. Senate, Russian Boris Yeltsin stated that in the early 1950's the Soviet Union had shot down nine U.S. planes and held 12 American survivors. 
    1994 - The gruesomely-murdered bodies of Nicole Brown Simpson and Ron Goldman were discovered outside Nicole's Brentwood, California condominium. Within days, actor/football legend O.J. Simpson was charged by police. He was acquitted in criminal court [1995] but was found liable for the deaths in a civil suit [1997]. The murderer(s) have not been caught as of this date (or was he and let go by a “glove that did not fit?”) 
    1994 – The Boeing 777 made its first flight.
    1996 - In Philadelphia, a panel of federal judges blocked a law against indecency on the internet. The panel said that the 1996 Communications Decency Act would infringe upon the free speech rights of adults. 
    1997 - Interleague play began in Major League Baseball, ending a 126-year tradition of separating the major leagues until the World Series. 
    1998 - Compaq Computer paid $9 billion for Digital Equipment Corp. in largest high-tech acquisition. In 2002, Compaq was acquired by Hewlett-Packard for $24.2 billion.
    2002 - The Los Angeles Lakers make it three NBA Championships in a row. 
http://sportsillustrated.cnn.com/basketball/nba/2002/playoffs/news
/2002/06/12/lakers_nets_ap/ 
    2003 - Van Morrison, Queen, Little Richard and Phil Collins were inducted into the Songwriters Hall of Fame in a New York City ceremony.
    2009 - In the US, the switch from analog TV transmission to digital was completed. 
    2012 – Alex Rodriguez tied Lou Gehrig’s record by hitting his 23rd career grand slam. The 8th-inning blast allows the Yankees to tie the score, and Nick Swisher hit a two-run shot later that inning for a 6 - 4 win. 
     
NBA Champions:
    1984 - Boston Celtics 
    1991 - Chicago Bulls 
    2002 - Los Angeles Lakers