July 14, 2003 Headlines--- Classified Ads-Testimonial That They Help Paul
Menzel looks to Double Biz by End of Year --- Debole
Named VP American Bank Leasing Nine
Become Certified Leasing Professionals Two Versions: Free/$59.95 year Classified
ads---Leasing Industry Help Wanted This Border ##### Denotes Press Release (Not Written By Leasing
News) ---------------------------------------------------------------------------------------------- Classified Ads—Testimonial That They Help “Thank you for the free job wanted posting. It attracted
a number of inquiries and requests
for my resume. I have accepted a position with Liberty Financial Group,
an independent leasing company in the Philadelphia area. “I'm excited to start
my new job on July 14th. In the final analysis, networking was the key
to my successful job search and I was fortunate to have a number of
offers (3) from which to make a choice. “ Your newsletter
is an invaluable resource to the leasing community. Keep up the good
work and, once again, thank you for your assistance in helping me find
a new position.” Yours truly, Bob Bruck Three Current Sales
Manager Job Wanted Sales Manager: Atlanta, GA 30 years in transportation Finance with strong management/
sales background. Represented company on national & region markets.
Started two successful operations- produce profits and growth. Email:pml@mindspring.com Sales Manager: New York, NY I have over 25 years owning an independent leasing company
that specialized in truck leasing. Tow trucks, Limos, ambulances, tractors,
etc.. Email:rfleisher@rsrcapital.com Sales Manager: Portland, OR. 18+ yrs w/bank leasing
company. Supervised 14- 20 sales people. Willing to relocate for the
proper position. Or, seeking sales position in current location (13+yrs
direct sales). email:pthygeson@netscape.netpthygeson@netscape.net 58 Job Wanted Ads located here: http://65.209.205.32/LeasingNews/JobPostings.htm To post a “free”
job wanted, if you are seeking employment, please go to: http://65.209.205.32/LeasingNews/PostingForm.asp ---------------------------------------------------------------------------------------- FBI Arrests the Drayers (Part I----if you
missed the series last week) http://www.leasingnews.org/Conscious-Top%20Stories/moneyandrun1.htm --------------------------------------------------------------------------------------------- This Week's Economic Events July 14 MONDAY July 15 TUESDAY Retail Sales: June July 16 WEDNESDAY Consumer Price Index:
June Inventory-Sales Ratio:
May Industrial Production:
June Capacity Utilization:
June July 17 THURSDAY Housing Construction:
June Weekly Jobless Claims July 18 FRIDAY --------------------------------------------------------------------------------------- Paul Menzel looks to Double Biz by End of Year --- as Jim Merrilees Joins Santa Barbara Bank &
Trust-Vinsonhaler promoted to VP/Project Manager/Laura Poore joins in
marketing. “We are very excited to have Jim Merrilees and Laura Poore
join our leasing group,” Menzel declared. “
Along with Steve Reid, I feel we have
our own dream team to represent lessors and brokers with our
funding programs. Also, Devon
Vinsonhaler has been promoted to VP
- Project Manager and is working to soon automate our credit operations
so we can provide faster turnaround time. “Santa Barbara Bank and Trust has aggressive goals to grow
its leasing portfolio and we are positioning ourselves to be the funder
of choice as our economy emerges over the next six months. “
The press release stated: ### Press Release ########################################### The Leasing department of Santa Barbara Bank & Trust,
a division of Pacific Capital Bancorp (NASDAQ: PCBC) is pleased to make
the following announcements. Devon Vinsonhaler has been promoted to Vice President and Project Manager
for the bank-wide automated lending platform.
The new automated capability will initially be implemented for
the indirect leasing operation later in 2003. Jim Merrilees, CLP has joined the Leasing Division as Vice President.
Laura Poore has also joined the Leasing Division as Marketing Representative.
The division specializes in small-ticket leasing transactions originated
through equipment leasing companies and brokers nationwide. Mr. Merrilees has thirty years of professional
experience in the commercial leasing industry.
He has been a board member of Eastern Association of Equipment Lessors, president on the United Association of
Equipment Leaisng, and is currently a board member of Equipment Leaisng
Association, also serving on the Certified Leasing Professional Foundation Ms. Poore has represented
funding sources in the leasing industry for the past eight years. Laura and Jim will team with Steve Reid, Vice President,
in the growth and expansion of the bank’s lease funding programs. Mr.
Merrilees and Ms. Poore have established an office in Portland, Oregon. #### Press Release ######################################### In an exclusive interview, Paul Menzel, CLP, who is head of the department, among other titles*,
as he also is responsible for a $200M Auto line, plus also bank “assignments,”
told Leasing News the move is “ to double our business by the end of
the year.” “Yes, we want more business, “ he said, “ We want to grow.
Our problem is our turn around time.
Right now I am lining everything up for when our Experian project
comes fully on board, where it can process, price, and predict in a
responsible manner... “Jim fits our position to expand our business, plus get involved
in portfolio acquisitions. Companies that are warehousing leases and
selling them off in bulk with good credit scoring is our marketplace. “As we start this turn around, buying portfolio’s will take
the pressure off the turn around process here. We
had a misstep with ARM**, but learned a few things...I can’t say enough about Experian, the professionalism, and
the product itself. These are great people to
work with. “Merrilees is with us at the right time and the right place...The
key is your source of funds; that you are hooked up to the right horse.
Management of the bank has sensible expectations. It has been the expectations
and demands of other leasing management that has led to may leasing
company’s demise. We have the
right horse here. “We also have stability, people who work well with each other,
work with each other.” It is expected Merrilees and Poole will remain in Oregon,
with perhaps monthly visits to Santa Barbara, Menzel explained.***
Jim Merrilees, president, Colonial Pacific
Leasing Corp. Tualatin, Oregon *Paul J. Menzel, CLP, is the Senior Vice President and General Manager of Santa Barbara Bank and Trust’s Leasing
Division. Paul has been in the
commercial equipment leasing industry, managing the same portfolio,
for over 27 years and arranged the acquisition of the Leasing Division
by SBB&T in 1996. Paul is a part board member of the Equipment Leasing
Association (ELA,) presently Chairs its Small-Ticket Business Council
and was formerly Chairman of the Fair Business Practices Committee.
He has also served as a board member of the United Association
of Equipment Leasing (UAEL). He
graduated form UC Berkeley and holds an MBA in Management.
Paul residents with his family in Santa Barbara, CA. ** We asked Mr. Menzel if his comments on ARM was for “our
readers,” and he stated he “meant it” for those who read Leasing News. ** Mr. Merrilees and Ms. Poore have established an office
in Portland, Oregon and can be reached today at (503) 684-0506 or (888)
684-0506. Steve Reid maintains
an office in Orange, California and can be reached at (800) 700-9858. (The telephones were not working at press time.) Debole Named
VP American Bank Leasing Ronald Debole
Named VP American Bank Leasing Division, Maryland region. American Bank
is headquartered in Silver Spring Maryland with the leasing division
headed by Chuck Ledford, a veteran of the leasing business, in Charlotte
NC. My position as
VP Leasing Div is headquartered in the bank H.O. in Silver Spring MD. American Bank
Leasing is a regional bank leasing company dealing with brokers in the
mid Atlantic area. We are balance sheet lenders and have very competitive
rates for our niche client. I hope to hear
from some of your many readers, thanks again for the daily info keep
up the good work Ronald Debole
Vice President
American Bank
Leasing Division 12211 Plum Orchard
Drive Suite 300 Silver Spring
MD 20904-7803 DC Office 301-572-3740 Balto Office
410-248-1137 Fax 410-248-1135 Cell 410-599-6005 --------------------------------------------------------------------------------------- Nine Become
Certified Leasing Professionals The CLP Foundation
is very pleased to extend congratulations the following individuals
with California First leasing Corporation who have recently passed the
CLP Exam and received their Certified Lease Professional designation: Lewis F. Beaty,
CLP Michael E. Gunning,
CLP J. Mark Helm,
CLP Darren S. Higuchi,
CLP Larry Lutsky,
CLP David A. Sedgwick,
CLP Joseph A. Vieson,
CLP Robert A. Weiner,
CLP Rick D. Williams,
CLP We also extend
our congratulations to Philip S. Donabed, CLP who has also received
his Certified Lease Professional designation. This new group
of CLP's brings the total number of Certified Lease Professionals to
246. --------- The CLP Foundation
is the official governing body for the Certified Lease Professional
("CLP") Program. The
CLP designation sets the standard for professionalism in the leasing
industry. This designation identifies and recognizes individuals
within the leasing industry who have demonstrated their competency through
continued education, testing and conduct. The letters "CLP" behind their name represent a visible
recognition of this professional achievement and status. We invite you
to visit our website -- www.clpfoundation.org for detailed information
about the CLP Foundation and the CLP Program.
For further information about our Mentor Program and Anonymous
Test Taker Program please contact: Cynthia Spurdle,
Executive Director CLP Foundation PH: 610/687-0213 FAX: 610/687-4111 Email: cindy@clpfo Cynthia Spurdle Executive Director CLP Foundation PH: 610/687-0213 FAX: 610/687-4111 www.clpfoundation.org Email: cindy@clpfoundation.org ---------------------------------------------------------------------------------------------- Cartoon--- http://two.leasingnews.org/cartoons/PAT.jpg
---------------------------------------------------------------------------------------------- Twins Tumble
Capital Stream by Kit Menkin Twins Engineering
currently owns, has entered into conditional purchase agreements or
has received irrevocable undertakings to accept, or procure the acceptance
of, the Offer in respect of, in aggregate, 23,105,849 IDS Shares, representing
approximately 40.63 per cent. of the issued IDS Shares. The Increased Offer will value the entire issued and to be
issued share capital of IDS at approximately £15.4 million. 15,400,000.00 GBP United Kingdom Pounds = 25,166,776.19 USD United States Dollars On 9 July 2003, being the last business day prior to the
date of this announcement, Twins owned 11,576,382 IDS Shares, representing
approximately 20.36 per cent. of the issued IDS Shares. On 10 July 2003, Twins received irrevocable undertakings
to accept, or procure the acceptance of, the Increased Offer from John
Borchers, Sarah Borchers and Oldwoods Farm Limited Partnership, acting through
Richard Borchers as General Partner, in respect of, in aggregate,
6,097,048 IDS Shares representing approximately 10.72 per cent. of the
issued IDS Shares. Twins has also entered into conditional purchase agreements
in respect of, in aggregate, up to 5,276,756 IDS Shares, representing approximately
9.28 per cent. of the issued IDS Shares, conditional only on the
announcement of this Increased Offer. Accordingly, Twins currently owns, has entered into conditional
purchase agreements or has received irrevocable undertakings to accept,
or procure the acceptance of, the Offer in respect of, in aggregate,
23,105,849 IDS Shares, representing approximately 40.63 per cent. of the
issued IDS Shares. I take that to mean they own 29.46% but controls 40.63% Here is the public announcement on the London Stock Exchange: 3.
Background to the Increased Offer On 30 May 2003,
Deloitte & Touche Corporate Finance publicly announced the Capital
Stream Minnesota Offer on behalf of Capital Stream of 19 pence for each
IDS Share, which was unanimously recommended by the Independent Directors. On 26 June 2003,
the Independent Directors of IDS withdrew their recommendation of the
Capital Stream Minnesota Offer so as to be able to recommend the Original
Offer by Twins of 23 pence for each IDS Share, announced on 26 June
2003. On 4 July 2003, Capital Stream announced
a cash offer of 24 pence for each IDS Share. In response to this announcement by Capital
Stream, the board of Twins has decided to increase its cash offer to
27 pence for each IDS Share. 4.
Level of acceptances, irrevocable undertakings
and existing holdings As at 3.00 p.m. (London time) and 10.00 a.m.
(New York City time) on 9 July 2003, being the last business day prior
to the date of this announcement, valid acceptances of the Original
Offer had been received in respect of, in aggregate, 6,663 IDS Shares,
representing approximately 0.01 per cent. of the issued IDS Shares. Prior to the announcement
of the Original Offer on 26 June 2003, Twins received irrevocable undertakings
to accept, or procure the acceptance of, the Original Offer from James
Horstmann and James Meinen in respect of, in aggregate, 149,000 IDS
Shares representing approximately 0.26 per cent. of the issued IDS Shares.
On 9 July 2003, being the last business day
prior to the date of this announcement, Twins owned 11,576,382 IDS Shares,
representing approximately 20.36 per cent. of the issued IDS Shares. On 10 July 2003, Twins received irrevocable
undertakings to accept, or procure the acceptance of, the Increased
Offer from John Borchers, Sarah Borchers and Oldwoods Farm Limited Partnership,
acting through Richard Borchers as General Partner, in respect of, in
aggregate, 6,097,048 IDS Shares representing approximately 10.72 per
cent. of the issued IDS Shares. Twins has also entered into conditional purchase
agreements in respect of, in aggregate, up to 5,276,756 IDS Shares,
representing approximately 9.28 per cent. of the issued IDS Shares,
conditional only on the announcement of this Increased Offer. Accordingly, Twins currently owns, has entered into
conditional purchase agreements or has received irrevocable undertakings
to accept, or procure the acceptance of, the Offer in respect of, in
aggregate, 23,105,849 IDS Shares, representing approximately 40.63 per
cent. of the issued IDS Shares. July 11, Robert
Baird “disposed” of 4.48% to the IDS Group.
Looks like Summit is
getting out of the bidding process.
Looks like the Twins Engineering is
sewing this up, and any lawsuit in the United States will grow old
before the fact, if it really was not just posturing. Customers of Decision
Systems must be heartened by the desire of management
of their product and services. Perhaps
all of this is a sign
from the accounting software side that equipment leasing is on
its way back. Hooray!!!! For the latest
news from the London Stock Exchange, please go here: http://www.londonstockexchange.com/rns/search_results.asp?DoAction =companysearch&CompanyList=2602&OneCompanyName=IDS+Group+ PLC&AnnouncementOrder=&SearchKeywordText=&SearchKeywordScope= &SearchFTSEIndex=&ResultsPage=&txtSearchCompanyText=IDS&txtSearch KeywordText=&ControlTab=rns&SearchEndDate=14%2F7%2F2003&cbo SearchPeriod=2&cboSearchStartDay=14&cboSearchStartMonth=6&cbo SearchStartYear=2003&cboSearchEndDay=14&cboSearchEndMonth=7& cboSearchEndYear=2003&SearchCount=38&SearchCompanyText=IDS& CheckAll=&ScrollPosition=&SearchHeadlineType=&ProfileHeadlinesSelected =&ProfileCompaniesSelected=&SearchIndex=1&SearchIndustrySector=& SearchStartDate=14%2F6%2F2003&optSearchKeywordScope=headline If it does not
work, just work your way through the questions to log on at ----------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------
Two Version: Free ( text format) $59.95 yr ( html/website) Free 30 Day Trial http://www.leasingnews.org/contact_us_news.htm This edition is also available in an "up-grade"
format, html, where you may click on the headlines to go to the story, plus is also in
this "new" format posted daily on our website--- http://www.leasingnews.org/contact_us_news.htm ---------------------------------------------------------------------------------------------- ***
announcement ************************************************* Eastern Association
of Equipment Lessors Meet & Greet
Series New York &
Long Island Chapters Host a Networking Luncheon Date of the Event:
Tuesday, July 22, 2003 Time of the Event:
12:00 - 2:00 pm Location of Event:
Garden City Country Club 206 Stewart Avenue Garden City, NY 516/746-8070 Host: R. Goeller, Sierra Credit Corp. Cost: $35 for EAEL Members $50 for Non-Members With the funding
environment as difficult as it has been for many years, a general discussion
is being planned on ways to get more deals done in the current marketplace. Individual funding
sources are being invited to give five minute presentations which, hopefully,
will include some novel suggestions to help us obtain more approvals.
An open, free flowing discussion is promised! Please contact
Cindy Spurdle @ 610/687-0944 or cspurdle@comcast.net
for a Registration Form. Don't miss this mid-summer event presented by
EAEL. Odds and Ends---Offers CANADA BOOKS 36 Felix Renaud Aylmer Qc J9H 7C1 (819)682-7983 ****
Announcement ************************************************ Classified ads---Leasing
Industry Help Wanted
Monday---Odds
and Ends from: Dr. Solomon B.
Wakabi Greetings once again and thank you for the good
work you are doing
for all of us. We do have a situation
here again in which w wish to solicit your advice.
I t concerns a company called The Interchange
Group (TIG). This company based
in Las Vegas Nevada has promised to provide a loan
of USD 5 million for our project based here in Uganda.
They say they are not Brokers but direct lenders.
Kindly let us know if this is a genuine company
with a good lending background so that we can go a head
and deal with them. Thanking you in
anticipation. Dr. Solomon B.
Wakabi (There is an Interchange
Group that has a web site. It is based in the UK and appears to be involved
in management. Perhaps one of
our readers has heard of the company.
The first thing I ask does their literature show they are a member
of a leasing association. You
can learn more about them, if they are, plus it gives to me creditability
that they are “serious.” Second, do they have a web site, as
that might have information. The
third, check out www.bbb.com. click on search for a company: http://search.bbb.org/search.html Then follow the directions
( basically, you are looking to see if there are any complaints; you
are looking for “bad news.”) Fourth,
for this amount of money, I would have a service such as Experian business
or Dun & Bradstreet run a report.
As a non-member, it may cost you over a $100, but that is cheap
compared to what you are getting into.
Or if you know your banker, ask them to run a report or find
out about Interchange Group in Las Vegas, Nevada. By the way, BBB
does have Interchange Group listed.
They also joined BBB in January, 2002.
Their website is also listed here: http://www.e-theinterchangegroup.com/
It states they have international offices in: International Offices (Australia • Bahamas
• Bosnia/Herzegovina • Brazil • Canada • China • Croatia • Germany
• Hungary • India • Ireland • Jamaica • Korea • Nairobi • New Zealand
• Poland • Russia • South Africa • Switzerland • Tunisia • United Kingdom (The web site
says: :TIG and its affiliates
have nearly $3 billion under management with investments in more than
180 companies. In addition to this large capital base, the firm has an experienced professional staff
with experience at more than 150 companies. “With 50 public
offerings in the last three years, TIG has a strong record of bringing
portfolio companies to the public markets. The firm also provides strategic
and financial assistance, and recruitment of key managers and board
members from industry. “• How We Work
• “TIG has a proven
methodology for funding projects. Selected opportunities are thoroughly
and carefully reviewed, having been screened from hundreds of investment
opportunities analyzed regularly. Profiled as an international private
investment company, TIG has great confidence in its ability to fulfil
funding requirements. “• Due Diligence
• “Due Diligence
entails taking all the "reasonable steps" to ensure that both
TIG and the project principals get what they expect "and not a
lot of other things that you did not count on or expect". TIG's
Due Diligence is the process of examining the financial underpinnings
of the project with the goal of understanding the risks associated with
the deal.” http://www.vegasbbb.org/commonreport.html?compid=56738 (I don’t know
anything about the company, except what the website says, and there
appears to be no complaints listed; however, I would be more comfortable
if they were a member
of a United States leasing association. (If there is a
reader who knows about this company, or better yet, has experience with them, please
share the information with all of us. editor ----------------- CANADIAN SUBSIDY
DIRECTORY YEAR 2003 EDITION Legal Deposit-National
Library of Canada ISBN 2-922870-05-7 The new revised
edition of the Canadian Subsidy Directory 2003 is now available. The new edition
is the most complete and affordable reference for anyone looking for financial
support. It is deemed to
be the perfect tool for new or existing businesses, individual ventures,
foundations and associations. This Publication
contains more than 2000 direct
and indirect financial subsidies, grants
and loans offered by government departments and agencies, foundations,
associations and organisations. In
this new 2003 edition all programs are
well described. The Canadian Subsidy
Directory is the most comprehensive tool to start up a business, improve
existent activities, set up a business plan, or obtain assistance from
experts in fields such as: Industry, transport, agriculture, communications,
municipal infrastructure, education, import-export,
labor, construction and renovation, the service sector, hi-tech industries,
research and development, joint ventures, arts, cinema, theatre,
music and recording industry, the self employed, contests, and
new talents. Assistance from
and for foundations and associations, guidance to prepare a business plan,
market surveys, computers, and much more! The Canadian Subsidy
Directory is sold $ 69.95, to obtain a copy please call: Canada Books,
(819)682-7983 Name = al ristuccia Address = 445 so. figueroa, 3215 City = los angeles State = ca Zipcode = 90071 Phone = (213)533-8440 Fax = (213)533-8449 Email = ristuccia@earthlink.net Comments or Questions= Kit: ---- --------------------------------------------------------------------------------------------- News Briefs--- Mission at Gettysburg http://www.washingtonpost.com/wp-dyn/articles/A51705-2003Jul13.html?nav=hptop_tb ----------------------------------------------------------------------- Sports Briefs--- Armstrong Takes
Tour De France Lead http://www.nytimes.com/aponline/sports/AP-CYC-Tour-de-France.html Future Out Of
Focus for Warren Sapp http://bucs.tbo.com/bucs/MGARY8NG2ID.html Titans teeter
on edge of salary-cap disaster http://www.jacksonville.com/tu-online/stories/071303/jag_13014030.shtml ---------------------------------------------------------------------------------------------- This Day in American History 1771-Mission
San Antonio De Padua founded. http://www.pelicannetwork.net/mission.san.antonio.htm
http://www.missionsanantoniopadua.com/ 1773 The first annual
conference of the Methodist Church in America convened at St.George's
Church in Philadelphia, PA. 1798—Tax
was levied by Congress directly on the states on a direct pro rata tax
basis, authority by act of July 14, 1798.
It was levied on dwellings, land, and slaves.
The amount to be collected was $2 million, which was apportioned
to the states in direct ratio to the population. 1862-
Florence Bascom birthday - U.S. geologist. FB was the first woman to
receive a Ph.D. degree from any U.S. university (John Hopkins) and was
instrumental in making Bryn Mawr a major center for geology as its longtime,
much revered professor. She was the first woman to be elected a fellow
of the Geological Society of America. Her domestic partner Julia Anna
Gardner (b. 01-26-1882) was also a geologist who did important work
in economic geology and assisted in the strategic planning efforts of
WWII. http://geoclio.st.usm.edu/fbascom.html http://www.angelfire.com/anime2/100import/bascom.html http://www.kacee.org/compendium/Florence_Bascom/biography-bascom.html http://www.tsha.utexas.edu/handbook/online/articles/view/GG/fga56.html 1864-Confederate
General Nathan Bedford Forrest suffers his biggest defeat when Union
General Andrew J. Smith routs his force in Tupelo, Mississippi. The
battle came just a month after the Battle of Brice's Crossroads, in
which Forrest engineered a brilliant victory over a larger Union force
from Memphis that was designed to keep him from threatening General
William T. Sherman's supply lines in Tennessee. Hoping to neutralize
Forrest, Sherman sent Smith's expedition to destroy Forrest and his
cavalry. Smith left LaGrange, Tennessee, on June 22 with 14,000 troops.
Forrest and his cavalry were part of a 10,000-man force commanded by
General Stephen Lee, but Forrest and Lee shared command responsibilities.
Forrest's strategy at Tupelo was similar to his tactics at the Battle
of West Point, Mississippi, five months earlier. In both battles, Forrest
used part of his force to entice the Yankees into a trap. The plan worked
well at West Point, but in Tupelo Smith did not take the bait. Instead
of driving right at Forrest, Smith dug his troops in around Tupelo.
Lee and Forrest were uneasy about attacking the Yankees, but they agreed
to try to drive Smith out of Mississippi. The assault began on the morning
of July 14. Smith's Union troops were in an ideal position for fending
off an attack. The Confederates had to fight uphill across nearly a
mile of open terrain. Lee struck one flank and Forrest struck the other.
Poor communication ruined the Rebels' coordination, and after three
hours they had not breached the Union line. Although Lee was the ranking
Confederate, he had offered Forrest command of the battle. Forrest declined,
but assigning blame for the defeat is difficult. Union losses stood
at 674, while Forrest and Lee lost over 1,300 soldiers. http://www.civilwarhome.com/natbio.htm http://ngeorgia.com/people/forrest.html
http://www.blueshoenashville.com/history.html 1868
- The tape measure was patented by Alvin J. Fellows of New Haven, Connecticut 1891-African-American
John Standard, inventor, receives patent for his improvement on the
refrigerator. http://inventors.about.com/library/inventors/bljohnstandard.htm 1892--
The Baptist Young People's Union held its first national convention
in Detroit. The founding of the BYP Union was inspired by the earlier
work of Francis E. Clark, a Congregational pastor who founded the first
'modern' youth fellowship in 1881. 1912-Birthday
of Woodrow Wilson “ Woody” Guthrie, American folksinger, song writer
(“This Land is Your Land,” “Union Maid, “ “Hard Traveling,”) born at
Okemah, OK. Traveled the country by freight train singing and listening.
Died Oct. 3, 1967 at New York, NY. Father
of singer Arlo Guthrie. 1913-Birthday
of Gerald Ford, 38th President of the United States(1974-77)
Born Leslie King at Omaha, NE. Ford
became 41st vice president of the US on December 6, 1973,
by appointment, following the resignation of Spiro T. Agnew from that
office on October 10,1973. Ford
became president on August 9,1974, following the resignation from that
office on the day of Richard M. Nixon. He was the first nonelected vice
president and president of the US. 1918-Birthday
Jay Forrester, a pioneer in computer memory. Forrester studied at the
Massachusetts Institute of Technology, where he later became a professor
and researcher. In 1945, he founded MIT's Digital Computer Laboratory
and helped build an early digital computer called the "Whirlwind
I." His work at the lab made him realize that existing information
storage techniques were slow and, even worse, unreliable. In 1949, he
developed a way to use a magnetic cell to store information. The random-access
magnetic core memory became a central feature of most digital computers.
Forrester later applied computer science to management problems, creating
computer simulations of real world problems in manufacturing and other
processes 1923-birthday
of Frances Lear, U.S. publisher
of Lear Magazine for "the woman who wasn't born yesterday."
It failed. It cost her $25 million of the estimated $100-112 million
she received as a divorce settlement from her partner-husband Norman
Lear, producer of two of TV's biggest hits, All in the Family and Maude,
the latter allegedly based on Frances Lear's life as a businesswoman
and a feminist activist. 1929-Birthday
of Alan Dawson drums, Marietta PA 1934
--116ø F (47ø C), Orogrande, New Mexico (state record) 1936--
116ø F (47ø C), Collegeville, Indiana (state record) 1942
- It was their last duet together for Helen O’Connell and Bob Eberly
when they recorded "Brazil" with the Jimmy Dorsey band. 1943-The
first national monument dedicated to an African-American was the George
Washington Carver National Monument, authorized this day, officially established June 14,1951, and dedicated on July 14,1953.
It consists of 210 acres about 2.5 miles southwest of Diamond
in Newton County, MO. It is administered by the National Park Service. http://www.coax.net/people/LWF/carver.htm http://www.nationalparks.com/george_washington_carver_national_monument/facilities.htm http://www.lib.utexas.edu/maps/national_parks/washington_carver_area98.pdf 1947—Top
Hits Peg o’ My Heart - The Harmonicats I Wonder, I Wonder, I Wonder - Eddy Howard Chi-Baba, Chi-Baba - Perry Como Smoke! Smoke! Smoke! (That Cigarette) - Tex Williams 1951-Citation,
winner of the 1949 Triple Crown, became the first horse to pass the
$1 million mark in career earnings by winning the Hollywood Gold Cub,
after which the colt was retired. Citation raced 45 times, won $1,085,76-
and finished out of the money only once. 1955
- The film version of Mister Roberts, starring Henry Fonda and James
Cagney, opened in New York. Jack Lemmon later won the Academy Award
for Best Supporting Actor, and the movie received a nomination for Best
Picture. 1955—Top
Hits Rock Around the Clock - Bill Haley & His Comets Learnin’ the Blues - Frank Sinatra Hard to Get - Giselle Mackenzie A Satisfied Mind - Porter Wagoner 1957
- On CBS radio, comedian Stan Freberg presented a new, weekly, comedy
program. Though Freberg was well known for certain radio commercials,
he was a late comer to the radio program race. Television was blamed
for the short life of The Freberg show. 1955
- The film version of Mister Roberts, starring Henry Fonda and James
Cagney, opened in New York. Jack Lemmon later won the Academy Award
for Best Supporting Actor, and the movie received a nomination for Best
Picture. 1957
- On CBS radio, comedian Stan Freberg presented a new, weekly, comedy
program. Though Freberg was well known for certain radio commercials,
he was a late comer to the radio program race. Television was blamed
for the short life of The Freberg show. 1962-
"Roses Are Red (My Love)" by Bobby Vinton topped the charts
and stayed there for 4 weeks. 1963—Top
Hits Easier Said Than Done - The Essex Surf City - Jan & Dean Tie Me Kangaroo Down, Sport - Rolf Harris Act Naturally - Buck Owens 1967-
Eddie Mathews of the Houston Astros hit the 500th home run
of his career of Juan Marichal of the San Francisco Giants. Houston
beat the Giants, 8-6. Mathews played in
the majors from 1952 through 1968 and finished w2ith 512 homers. 1968-Henry
Aaron of the Atlanta Braves hit the 500th home run of his
career, connecting off lefthander Mike McCormick of the San Francisco
Giants. Aaron ended his career as baseball’s home run champ with 755
round trippers to his credit. 1971—Top
Hits It’s Too Late/I Feel the Earth Move - Carole King Indian Reservation - Raiders You’ve Got a Friend - James Taylor When You’re Hot, You’re Hot - Jerry Reed 1976-The
Democratic National Convention nominated Jimmy Carter for the presidency
on the first ballot. The next day Sen. Walter F. Mondale of Minnesota
was nominated for the vice presidency.
November 2 he beat incumbent president Gerald Ford 40,828,929 to 39,148,940. He received 297 electoral votes to Ford’s 297. The Democrats
kept a 2-1 Senate majority, 61-38, with one seat going to an independent,
and a House majority of 292-143. 1979-"Bad
Girls" by Donna Summer topped the charts and stayed there for 5
weeks. 1979—Top
Hits Ring My Bell - Anita Ward Bad Girls - Donna Summer Chuck E.’s in Love - Rickie Lee Jones Amanda - Waylon Jennings 1981
- When the All-Star Game was postponed because due to a players strike
that had lasted 33 days so far, about 15,000 fans showed up to boo the
players, who were not there. The 52nd All-Star classic would not be
held until August 9th, and would take place at the Cleveland Municipal
Stadium. 1985
- Baltimore clinched their second consecutive United States Football
League championship when they defeated Oakland 28-24. The game was also
they last of the league's spring schedule. All 14 teams totaled losses
estimated at $63 million. When team owners refused to tally up any more
financial losses, the USFL faded away. Plans for the league to resume
in the fall of 1986 were never brought up. 1987
- The All-Star Game had its second-longest game in history when it took
the National League 13 innings to defeat the American League in a 2-0
shutout. Played in Oakland, California, the game lasted 3 hours, 39
minutes. 1987
- The Directors Guild of America initiated a strike in Hollywood, California,
against Warner Brothers and Columbia Pictures at 6:00 a.m. At 6:05 a.m.
on the same day, a film and television contract of agreement was reached,
putting an end to the shortest strike in Hollywood history. 1987—Top
Hits I Wanna Dance with Somebody (Who Loves Me) - Whitney Houston Shakedown - Bob Seger Songbird - Kenny G All My Ex’s Live in Texas - George Strait 1987--
Lt Col Oliver North concludes 6 days of Congressional testimony. Gore was not on the Senate committee, and Lt. North did not
name Ossma Bin Linden http://pages.tias.com/18/PictPage/1921386614.html http://www.rotten.com/library/bio/usa/oliver-north/ ---------------------------------------------------------------------------------
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