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Leasing Associations----Looking for Opinions

    This Weeks Economic Events

        Classified Ads---Sales Managers/Senior Management

            Pictures from the Past---1997---Bob Baker, CLP

                Wildwood Financial---$34,950 To Get Into Leasing

                    IDS Releases Enhanced InfoLease Module, plus Up-date

                        2002 New Business Volume shows 4.6% Decrease


                ELA Starts Daily Newspaper Highlights

            Telemarketing "Number” Hits 28 Million Mark

        FTC Publishes Web Site on Fraud Cases

    Streamline Tax Doubleheader

News Briefs---

    This Day in American History




This Border ##### Denotes Press Release (Not Written By Leasing News)




Leasing Associations----Looking for Opinions


Looking for comments on leasing associations. If you are a current member,

or no longer belong, would like to hear from you. This is for the story

on association membership, the first six months of 2003.





This Weeks Economic Events


July 28


National Prayer for Business



July 29

Consumer Confidence: July


July 30


Beige Book


July 31


G.D.P.2nd Qtr.


August 1


Weekly Jobless Claims

Personal Income: June





Classified Ads---Sales Managers/Senior Management


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.


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..



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).


Sales Manager: Seattle, WA

Senior level sales professional w/ (20) plus experience in mid market financing & leasing. The last (8) plus years being self employed in middle market brokerage.


Senior Management: Long Island, NY

Degree Banking/Finance. 13 years leasing exp. Now prez young leasing company where promises were not met. Interested in joining established firm with future.


Senior Management: Baltimore, MD

25 year veteran of commercial and equipment leasing seeking a senior management position with leasing or asset based financing company in the southeast (Florida preferred)



Senior Management: San Francisco, CA., 25 years experience w/global leasing company, sales,marketing,business dev., P&L responsibility, asset mgmt, brokering and remarketing. Interested in joining an est. firm with a future.


Senior Management: Portfolio Management Consultant; 25+years experience in Collections, Customer Satisfaction, Asset Management, Recoveries, Continuous Process Improvement, Backend Revenue Generation, Cost per Collection Analysis. $5+Billion Portfolio expertise. email:


Full list, 68 Classified Ads, at






Pictures from the Past---1997---Bob Baker, CLP,Bob.jpg



Wildwood Financial---$34,950 To Get Into Leasing


Recently Leasing News has received many inquiries on becoming a leasing broker, or

starting a leasing company. Viewers to our website realize that they

can contact “Kit Menkin Live” or ask questions.


There are companies and individuals who provide such services to start

a leasing company or become a “lease salesman.” One that we recommend appears to be the most expensive: $34,950 for training.* ( As a side note, we recommend to all to join a leasing association, and if they want to be serious about their new occupation, to become a Certified Leasing Professional.)


There are three professional sales trainers who serve on the Leasing News

Advisory Board. In addition to Bob Baker, CLP, the other two are Phil Dushay, Global Leasing, who is a “super broker,” plus offers a sales program for $14,995** training session, and Bob Teichman, CLP, Teichman Financial Training, who not only conducts workshops, gives training sessions, but acts as a consultant in the formation of leasing companies.. We have several readers who are also engaged in similar services such as Jeffrey Taylor, who is not only a sales trainer, conductor of workshops, USA and international, but is a published author.



One of the reasons we often recommend Bob is that he is active in leasing

associations, and for a number of years, has been the “winner” of many leasing

association membership contests as he has students join leasing associations.



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


In 1995, after being in the finance and leasing industry for over 30 years, he formed the Wildwood Financial Group, Ltd. The concept of Wildwood was created by accident. Bob was a frequent speaker conducting seminars and workshops at various leasing association conferences. After a Bob’s sessions at these workshops, several companies approached him to do in-house training. It quickly became apparent that a decision needed to be made to run his leasing company or concentrate on training, so he made the decision to form Wildwood and concentrate 100% of his efforts in the training industry. Bob has done training for the majority of the major leasing companies in the country, as well as conducted training for hundreds of leasing professionals through his continuing workshops and seminars at conferences. Bob was the 33rd person to receive the prestigious CLP (Certified Lease Professional) certification and shortly after, he began Wildwood, and he expanded training to include preparation for the CLP examination.


Bob had a very close relationship with Bill Granieri, who was considered by many, to be the foremost trainer in the leasing industry. Bob sought Bills advice in the expansion of his business.


Bob then made the decision to create a “Business Opportunity” for individuals who wished to enter the equipment leasing industry. He began monthly training in the form of a three-day school in St. Louis where Wildwood is based. The Wildwood business opportunity consists of three days of intensive training, which includes the cost of the hotel rooms and meals, etc. as well as all of the essential tools i.e. books, calculators, software, training manuals etc. Another key to Wildwoods success is that graduates of his program were able to have immediate access to several of the primary funding sources that agreed to waive their time in business requirements. This allowed them to avoid the normal issue of super brokers that a new person entering the leasing industry would encounter. The last component, which Bob considers the most important, is the support that he and his staff supply to his graduates. For 6 months, the support is very pro-active, and Bob or a member of his staff contacts each graduate at least once a week. Support after the 6 months continues at no additional charge whenever a graduate needs guidance or assistance. Wildwood also conducts training for banks, and insurance companies, as well as giving “expert” testimony in litigation related to equipment leasing.


Even though Bob will not disclose the exact number of individuals he has trained, he did state that several hundred have completed the Wildwood training. Bob, without question, has brought more new members to the leasing associations than any other individual or company in the industry. Wildwood wins their membership contest virtually every year.


During his career, Bob Baker has served as a Regional Chair several times for UAEL, has served four years on the Board of Directors for United Association of Equipment Leasing, and is currently serving on the 2002 Board. Bob was also Director of Education for the National Association of Equipment Leaisng Brokers for several years. He has produced a full series of training tapes and a workbook for NAELB, and has served on the Advisory Boards for Colonial Pacific Leasing, Business Credit Leasing (BCL), Denrich Leasing, and The Manifest Group. Bob shared with me, that out of all the awards he has received, the one that he considers the most precious, was being the first recipient awarded the “Bill Granieri Top Gun Memorial Award” in 1998, which was established by the NAELB shortly after Bills death from cancer.


Many of the individuals that Bob has trained at Wildwood have formed extremely successful leasing companies, some have volunteered to be Regional Chairs for the Leasing Associations, and several have earned their CLP certification. Many consider the Wildwood Financial Group, Ltd., to be considered the premier lease training company in the United States today.


If you are interested in learning more about Wildwood, you can visit their website at, or you can certainly call Bob at Wildwood Financial Group, Ltd. in St. Louis, Missouri at (800)-373-3581 or contact him at


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









IDS Releases Enhanced InfoLease Module

Customer Care 4.2 offers increased screen customization


MINNEAPOLIS, Minn., USA, ­ International Decision Systems Inc.

(IDS) announced today its newest release of Customer Care ­ the only

Web-enabled solution allowing financial services companies, equipment

dealers and vendors to link to InfoLease (the world¹s premier lease/loan

portfolio and asset management system) to check real-time account

information such as balances, payment and billing status, due dates and

amounts, and request buyout quotes. Customers can also use Customer Care to

access their account information without having to call a customer service

representative ­ enabling financial service companies to offer 24/7 client

support without additional call center costs.


Using Customer Care 4.2¹s intuitive, customizable screens and enhanced

security, lessors can now create access levels tailored to each user-type.

For example, customer access to account information can be restricted to

only the information the system administrator wants the customer to see.

Vendors and dealers will see only their specific client accounts; while a

customer service representative may have access to information on every



In addition, Customer Care 4.2 offers the ability for dealers to access

account, customer, contract and asset information previously available only

to internal InfoLease users. ³For example, dealers can view and exchange

messages in real time with internal customer service staff, so everyone

concerned knows the exact status of each contract in real time,² explains

IDS Director of Product Management Carol Nelson. ³Customer Care truly

provides vendors and dealers with customer information at their fingertips,

which they need to effectively run their business.²


Customer Care 4.2 also allows system administrators the ability to add or

delete fields, and insert their company¹s unique terminology into field

names and descriptions, rather than using Œstandard¹ terms.


With the release of Customer Care 4.2, IDS also announced that it now

supports BEA WebLogic Express, an industry standard Java Servlet Engine on

which Customer Care 4.2 runs. ³By offering WebLogic Express support, IDS

customers can use existing infrastructure rather than having to buy a new

server or server application software,² Nelson says.


For more information about Customer Care 4.2, or to arrange for a

demonstration, call IDS Marketing Director Deb Marshall at 612-851-3438 or


About International Decision Systems

International Decision Systems (IDS) is the global leader in developing

lease/loan accounting and portfolio management software and services. With

offices in the United Kingdom; Minneapolis, MN; Sydney, Australia and

Singapore, IDS offers the largest and most experienced global consulting,

implementation and technical support teams in the leasing industry.


InfoLease, the world¹s premier lease/loan portfolio and asset management

system, comprises the foundation of IDS¹ product line. With a web-enabled

front-end and more than 70 custom add-on solutions, InfoLease is the most

adaptable and scalable lease/loan technology available in today¹sarketplace.


IDS¹ parent company, IDS Group plc, is publicly traded on the London Stock

Exchange (IDGL). For additional information about International Decision

Systems and IDS Group plc, visit <> .


IDS and InfoLease are registered trademarks of International DecisionSystems.



(Bidding for company continues to go up in price, with the parent directors

along with Twin Engineering with the most control. It appears Capital

Stream does not have enough “cash” at this time to win the bid. Present

customers appear to be quite happy with the results so far. editor )



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



ELA Members 2002 New Business Volume shows 4.6% Decrease



The largest United States equipment leasing association latest survey of

its members finds those who participated in it reported both 2001 and 2002 new business volume showed a 4.6 percent decrease year over year.


The Equipment Leasing Association survey, gained primarily from members who participated in the survey, report their portfolio performance remained “steady,” but also noting with 96.3 percent of average receivables current (less than 30 days past due). Average receivables in 2001 reported at 97 percent. The annual SIA provides key

statistical, financial and operation information for equipment leasing

and finance organizations who are members of ELA.

"Industry leaders would agree that the last two years' down cycle was

severe, yet most players are optimistic about the future," said ELA

Chair Ed Dahlka, President, LaSalle National Leasing Corp.



"The next year, 2004, will be a key recovery year and the leasing industry has

much to look forward to as they focus on operational discipline and

excellence," Dahlka predicted.

Other key findings:


* Profitability for the leasing industry declined as seen by

average return on equity (ROE) settled at 11.2 percent, and return on

assets (ROA) was 1.2 percent. In the 2001 survey, respondents reported

Average return on assets (ROA) is 1.6 percent; return on equity (ROE) is

13.7 percent.


* In 2002 bank lessors, in particular, showed a decline of 12.9

percent compared to captive lessors experiencing modest growth of 2.4

percent. Independent and financial services leasing companies were

stable at 0.2 percent growth.


* The top three end-user industries of new business volume are:

industrial/manufacturing, wholesale/retail and the other services

excluding health.


* The average charge-off reported was 1.4 percent of the average

net lease receivables balance, an increase over previous years when

charge-offs ranged between 0.7 percent and 0.9 percent.

"The survey results show that the U.S. equipment leasing industry, while

challenged by economic conditions, remained in fairly good shape

regardless of the slight contraction," said Michael Fleming, Equipment

Leasing President.



"We expected these figures as equipment leasing is a

strategic financing option, whose value-added services such as asset

management and equipment remarketing, help businesses beyond just

acquiring equipment, “Fleming said. “ Its flexibility is unparalleled, and we expect

lease financing to become a financial mainstay of businesses emerging

from the economic slump who cannot wait any longer to upgrade or acquire

new equipment."


ELA survey results were compiled from responses from 131 companies in

one of four market segments that were determined based on the typical

transaction size of a majority of their lease volume, it was reported.


The 2003 survey participation rate was on par with the 2002 Survey; 75 percent of the

2003 respondents also submitted a response to the 2002 survey. The SIA

provides aggregate data for all respondents to the survey. The four

market segments include: micro-ticket (transactions less than $25,000),

small ticket (transactions between $25,000 and $250,000), middle market

(transactions between $250,000 and $5 million) and large ticket

(transactions greater than $5 million). In addition, the data is

analyzed and presented by the category of respondent organization: bank,

independent or captive, and specific industry sector such as:

transportation, agriculture, computers, furniture, medical, and




Charts to the story











*** announcement************************************


Equipment Leasing Association Starts “Daily Newspaper Highlights”


As part of its ongoing commitment to bring ELA members the most important news

and information from around the equipment leasing and finance industry, ELT

will debut ELT E-News Daily today.


This new daily e-mail html-based newsletter replaces the one-per-week ELT E-Leasing Newsletter and Industry News Weekly with a single, daily publication that combines the best of both. You still get summaries of articles culled from

hundreds of newspapers, magazines and websites, important press releases from

companies that matter, and the ELA-related news that only ELT can deliver.


ELA and ELT would like to thanks the sponsors and advertisers who helped make

ELT's E-Leasing Newsletter and Industry News Weekly the premiere e-mail news

vehicles for the leasing industry, including Nassau Asset Management, Southfork

Asset Management, ChoicePoint, and the PFG Capital Markets and Services a

division of Information Leasing Corporation.


Amy Miller Holmes, ELA's Vice-President of Communications, edits ELT's

E-leasing Newsletter. If you have questions or comments relating to

ELT's E-Leasing Newsletter, please email her at

(Note: There are many such newspaper and magazine services on the

internet, provided by several companies for specific industries. One of the best on wine

is by, for a sample, please go here:


*** announcement *********************************************



Two Version: Free ( text format) $59.95 yr ( html/website) Free 30 Day Trial


Leasing News remains free in “text format” sent early morning Monday

to Friday ( most of the time.)


If you don’t want to scroll through the text but click on headlines, sees

the pictures, graphs immediately, and have all the features of the website,

then you want the up-grade version.


Otherwise it is “free”, and will remain “free” in the text version sent

out normally at 2am, Monday through Friday, with the latest news

from many of the country’s business sections; although most of

our information comes from readers. Give us a try, if you are

not one of our regular 5,000 eMail readers or viewers to our

website where Leasing News is also posted daily





Telemarketing “Number” Hits 28 Million Mark



28 million telephone numbers with the National Do Not Call Registry: 22.5 million via the Internet, and 5.5 million via the telephone.


To sign up, go to :


You may also try to call: 888-382-1212.


The list may stop many, but not all telemarketing calls as charties,surveys and some businesses are exempt. Leasing credit cards and “automatic approvals” pending

up-dating information are not exempt.





FTC Publishes Web Site on Fraud Cases


By Staff


The Federal Trade Commission (FTC) is detailing its telemarketing fraud efforts with a Web site summarizing the status of 42 cases since the beginning of this year. The site also contains a list of cases involving telemarketing that have had developments since Oct. 1. with links to press releases concerning each of the cases.


The site does not contain enforcement information on the newly implemented National Do Not Call Registry. Once enforcement of the Registry begins on Oct. 1, those actions will be announced on the main FTC Web site.


"The actions detailed on this new Web page demonstrate the Commission's ongoing commitment to fighting telemarketing fraud," said Howard Beales, director of the FTC's Bureau of Consumer Protection. "Consumers should be wary of marketing claims that sound too good to be true, and they should contact the FTC when they see problems."


Beale said that in addition to helping consumers learn about the FTC's enforcement actions, the Web page provides consumers with easy access to information about the specific frauds perpetrated using telephone calls and the types of fraud prosecuted by the Commission.


The FTC enters Internet, telemarketing, identity theft, and other fraud-related complaints into Consumer Sentinel, a secure, online database available to hundreds of civil and criminal law enforcement agencies in the U.S. and abroad.




Streamline Tax Doubleheader


by Dennis Miller, Equipment Leasing Association


The past two weeks have been a Streamline doubleheader. The Streamlined

Sales Tax Project (SSTP) met Thursday, July 17 and Friday, July 18 in

Savannah followed by the National Conference of State Legislatures

(NCSL) Task Force on State and Local Taxation of Telecommunications and

Electronic Commerce (Task Force) in San Francisco. Discussions of

Streamline continued for 6 days during the NCSL Annual Meeting until a

Streamline resolution was formally adopted at end of the week. This

update will cover:


* SSTP Reviews Issues

* NCSL Task Force

* New Hampshire Protests

* The Great Debate

* Task Force Chair Now NCSL President-Elect

* ELA Personal Note


SSTP Reviews Issues


Little new ground was broken during the SSTP deliberations. A final

vote on defining the Digital Equivalent of Tangible Personal Property

was pushed back when the National Cable & Telecommunications Association

and Comcast raised sufficient questions that SSTP leaders will consult

with them before the next meeting in Chicago. In addition, the sourcing

of services session descended into a veritable tailspin of bewildering

scenarios and shifting opinions. Documents relating to sourcing of

services will be refined prior to the Chicago meeting when another

inconclusive session is likely to occur.


Approval was given to a Sales Tax Holiday issue paper that amends the

Streamlined Sales and Use Tax Agreement together with a registration

issue paper.


NCSL Task Force


The annual gathering of state legislators was a marathon for those

involved in SSTP. It began with two days of intense discussions at the

NCSL Task Force about linking Business Activity Tax (BAT) protections to

congressional legislation authorizing Streamline to collect from remote

catalog and Internet sellers. These deliberations concluded with

adoption of a position paper opposing such linkage.


NCSL opposes federal preemption of state sovereignty in any area state

legislatures deem reserved to states under federalism. Anxiety was

triggered by fear that congressional legislation as yet unwritten might

infringe on the underpinning of corporate taxation that may

jurisdictions, especially non-sales tax states, consider vital to

gaining revenue in absence of a sales tax. It is not surprising that

protection of state sovereignty brings the 45 sales tax states together

with non-sales tax states in voicing dissent when federal BAT mandates

are mentioned.


New Hampshire Protests


Another four days of review before the NCSL Executive Committee,

standing committees and the full membership business meeting, ended with

approval of the policy position supportive of Streamline and opposing

linkage to BAT protections. However, this did not occur until New

Hampshire spoke in opposition at the full assembly of states on Friday,

July 25.


Delaware, New Hampshire and Oregon [non-sales tax states] have expressed

support for Streamline as a voluntary arrangement between sales tax

states but have balked at the prospect of a congressional mandate they

believe might impede use of corporate income as a revenue source. It was

heartening to see only one non-sales tax state oppose continued NCSL

support for Streamline. In a vote 38-2 only Colorado joined New

Hampshire in opposition.


The Great Debate


One of the most entertaining episodes in the history of Streamline came

when NCSL Task Force Chair Senator Steven Rauschenberger (R-Illinois)

debated Grover Norquist of the Americans for Tax Reform. Showing a

startling lack of knowledge about Streamlined Sales Tax, Norquist

described Streamline at times as a cartel that must be stopped and

repeatedly equated it with tort reform. At one point he equated

Streamline supporters with people that favor abortion. Although I never

recall a union representative attending an SSTP meeting, Mr. Norquist

also pronounced the Streamline effort to be a labor union backed

initiative to raise revenue.


Grover Norquist was unabashed about not knowing details of the proposal

and informed the audience that he felt no need to be acquainted with

provisions of the Sales & Use Tax Agreement before debating and

denouncing it. The leader of Americans for Tax Reform may not have

impressed an audience conversant with Streamline but state legislators

acquainted with sales tax law are not his base of support. Washington

D.C. based ideologues such as Grover Norquist will play a major role in

determining if congress sanctions the agreement.


Task Force Chair Now NCSL President-Elect


NCSL Task Force Chair Senator Steven Rauschenberger (R-Illinois) was

voted NCSL President-Elect. His dedication to the Streamline process

advancing state sovereignty was cited as one impetus for his elevation.

He will assume the office of NCSL President in two years.


ELA Personal Note


Equipment Leasing Association (ELA) members have benefited immeasurably

by the tireless work on Streamline by ELA State Government Relations

Committee Chair Valerie Guerrieri of CIT. Following her wedding last

week, Valerie Guerrieri is now Valerie Pfeiffer. I join other ELA

members in congratulating her.


Dennis Brown


Equipment Leasing Association




News Briefs---


Study: 1 in 5 Laid Off During Recession


Number of teenagers looking for jobs is the lowest since 1948



30-year mortgage rate makes significant leap



Harley to Open Throttle for Centennial






This Day in American History


    1746-Thomas Heyward birthday, American Revolutionary soldier, signer of the Declaration of Independence. Died Mar 6, 1809.

    1777-Vermont enacted the first universal voting rights to freemen without restriction as to property or wealth. The state constitution adopted at a general convention at Windsor, VT., permitted all freemen who were natural-born citizens over 21 years of age to elect officers and to be elected to office.

    1841- forces from the national bank movement received a glimmer of hope as the Senate narrowly passed the Fiscal Bank Bill. An initiative of the embattled Whig party, this bill called for the creation of the Fiscal Bank of the United States, a federal financial institution to be located in the District of Columbia. The bank's starchy name barely disguised the ideological intent of its inventors: the Whigs sought nothing less than the revival of the Second Bank of the United States, the ill-fated institution that Andrew Jackson had putatively killed in the name of states' rights earlier in the 1830s. The bill to establish a Fiscal Bank of the U.S. was introduced in the Senate, an approved this day by the Sentate and the House, August 6. For a brief spell during the summer of 1841, it looked as though the Whigs would have their day; however, despite the Fiscal Bank Bill passing through the House in early August, the legislation--and its Whig advocates--was doomed to failure. On August 16, President John Tyler, a staunch state supporter, announced that he was vetoing the bill. The legislation bounced back to the Senate, but the Whigs failed to marshal sufficient support to override Tyler's veto.

The Whig leadership was enraged by Tyler’s veto. They believed Tyler had agreed

to sign the bill and that he had reneged on a promise

1858-Four British and American ships spliced a telegraph cable together on this day in 1858, then set sail for home the following day. The cable was laid out until the ships reached Ireland and Newfoundland. The cable, which stretched more than 1,950 miles and was laid as deep as two miles under the ocean in some places, established transatlantic telegraph communication, and an initial message was exchanged by President James Buchanan and Queen Victoria in August. However, the cable's weak signal was insufficient for regular communication and service ended on September 1.

    1864-Confederates under General John Bell Hood make a third attempt to break General William T. Sherman's hold on Atlanta. Like the first two, this attack failed, destroying the Confederate Army of Tennessee's offensive capabilities.

Hood had replaced Joseph Johnston as commander of the Army of Tennessee on July 18, 1864, because Johnston had failed to keep Sherman away from Atlanta. Upon assuming command of the army, Hood quickly scrapped Johnston's defensive strategy and attacked Sherman, first on July 20 at Peachtree Creek, and then on July 22 at the Battle of Atlanta. Both failed, but that did not deter Hood from making another attempt to break the Union hold on the important Southern city. When Sherman sent General Oliver O. Howard southeast of Atlanta to cut the Macon and Western Railroad, one of the remaining supply lines, Hood sent Stephen D. Lee's corps to block the move. Lee attacked at Ezra Church, but the battle did not go as planned for the Confederates. Instead of striking the Union flank, Lee's corps hit the Union center, where the Yankee troops were positioned behind barricades made from logs and pews taken from the church. Throughout the afternoon, Lee made several attacks on the Union lines. Each was turned back, and Lee was not able to get around the Union flank. The battle was costly for an army that was already outnumbered. Lee lost 3,000 men to the Union's 630. More important, Hood lost his offensive capability. For the next month, he could do no more than sit in trenches around Atlanta and wait for Sherman to deal him the knockout blow.

    1868-14th amendment ratified, former slaves become United States citizens.

    1901-Birthday of Rudy Valle. American singer, saxophone player and radio idol of millions during the 1930s. Born Hubert Prior Vallee, at Island Pond, VT, the crooner used a megaphone to amplify his voice and introduced his performances with the salutation, "Heigh-ho-everybody!" Vallee appeared in a number of movies, including How to Succeed in Business Without Really Trying. Among his best-remembered songs are "I'm Just a Vagabond Lover," "Cheerful Little Earful," "Say It Isn't So" and his signature song, "My Time Is Your Time." Vallee died at age 84 at North Hollywood, CA, July 3, 1986. 1891-Birthday of blues singer Mary McBride, Algiers, LA

    1903-The Saint Luke Penny Savings Bank, Richmond, VA, was founded by the first bank president who was a woman, Maggie Lena Walker, the daughter of an African-American salve. It had a paid-in capital of $25,000. The first day’s deposits exceeded $8,000. the bank later became the Consolidated Bank and Trust Company. She died December 15, 1934.

    1904-brithday of Ikey Banjo” Robinson, Dublin VA. Died Oct 25, 1990

    1914-World War I beings. Archduke Francis Ferdinand of Austria-Hungary and his wife were assassinated at Sarajevo, Bosnia, by a Serbian nationalist June 28, 1914, touching off the conflict that became WWI. Austria-Hungary declared war on Serbia July 28, the formal beginning of the war. Within weeks, Germany entered the war on the side of Austria-Hungary and Russia, France and Great Britain on the side of Serbia.

    1907- birthday of Leon Prima trumpet New Orleans LA, died 1985.

older brother of Louis Prima was also a trumpeter & band leader; Leon ran several Bourbon Street night spots, including the Shim Sham Club (229 Bourbon) and the 500 Club (whose house band was led by Sam Butera - before Sam headed to Las Vegas to join Louis Prima's band in 1954)

    1924-Birthday of tenor sax player Corky Corcoran, Tacoma, WA Died October 3, 1979.

    1929-birthday of Jacqueline Bouvier Kennedy Onassis. She studied at Vassar, the Sorbonne, and George Washington University before marrying John Kennedy.

She was basically a shy and retiring person who was hounded by the paparazzi. She was particularly admired for her dignified elegance and cool composure after the assassination (Nov. 22, 1963) of her husband President John F. Kennedy.

She is buried next to JFK and her first son at Arlington cemetery. She became a working editor for a major publishing company and raised her two Kennedy children away from the public eye and away from scandal.

(lower half of: )

    1930 -114ø F (46ø C), Greensburg, Kentucky (state record)

    1931-Congress makes "The Star-Spangled Banner" our 2nd national anthem

    1932- Some 15,000 unemployed veterans of World War I marched on Washington, DC, in the summer of 1932, demanding payment of a war bonus. After two months' encampment in Washington's Anacostia Flats, eviction of the bonus marchers by the US Army was ordered by President Herbert Hoover. Under the leadership of General Douglas MacArthur, Major Dwight D. Eisenhower and Major George S. Patton, Jr (among others), cavalry, tanks and infantry attacked. Fixed bayonets, tear gas and the burning of the veterans' tents hastened the end of the confrontation. One death was reported.

    1933- The first singing telegram, said to have been delivered to singer Rudy Vallee on his 32nd birthday. Early singing telegrams often were delivered in person by uniformed messengers on bicycle. Later they were usually sung over the telephone.

    1934- 118ø F (48ø C), Orofino, Idaho (state record)

    1936-Birthday of bassist Jim Hughart Minneapolis MN,,446232,00.html

    1938 -For the second consecutive day, Hank Greenberg hits two homers in one day. The Tiger first baseman will hit two home runs in the same game a record setting eleven times during the season.

    1939 - Accompanied by the Victor Young Orchestra, Judy Garland sang one of the most famous songs of the 20th century. The song "Over the Rainbow," recorded for Decca Records, became Garland's signature tune and will forever be linked with the singing actress. For those who don't know, "Rainbow" was featured as the musical highlight of the hit movie, "The Wizard of Oz".

    1941 - Judy Garland, 19, married composer David Rose, 31, in Las Vegas on this date. It was Garland's first marriage.

    1943-Birthday of William Warren “Bill” Bradley, former US senator , presidential candidate, and Basketball Hall of Fame forward, born Crystal City, MO.

    1945---Top Hits

The More I See You - Dick Haymes

Dream - The Pied Pipers

Sentimental Journey - The Les Brown Orchestra (vocal: Doris Day)

Oklahoma Hills - Jack Guthrie

    1949-Birthday of Vida Rochell Blue, former baseball player, born Mansfield, LA.

    1951-“Sammy Kaye” television show premiers. CBS's musical program hosted by bandleader Sammy Kaye swayed audiences to swinging tunes on Saturday nights.

    1953---Top Hits

Song from Moulin Rouge - The Percy Faith Orchestra

April in Portugal - The Les Baxter Orchestra

I’m Walking Behind You - Eddie Fisher

It’s Been So Long - Webb Pierce

    1954 - "Billboard's" top spot on the pop singles chart went to The Crew Cuts with "Sh-Boom." The song was a cover of a rhythm and blues recording by The Chords, it would stay at the #1 spot for seven weeks. Many people consider this song to be the first rock ’n’ roll record. It wasn’t the first ... rock and roll had made it to the music scene long before this. In fact, The Boswell Sisters recorded a song titled, "Rock and Roll" in 1934. However, "Sh-Boom" was the first rock ’n’ roll record to make it to the top of the pop charts. (The Chords’ version became the first rock-related hit in Great Britain.) Purists consider "Rock Around the Clock" to be the first, true #1 rock ’n’ roll hit. However, it didn’t hit the top of the charts until one year after "Sh-Boom".

    1954 - Walt Disney's Alice in Wonderland was released in theaters. The animated film took five years to complete at an estimated cost of $3 million (1951). Elia Kazan's powerful film, On the Waterfront, starring Marlon Brando, premiered in New York. It later won Oscars for Best Picture, Best Director, and Best Actor.

    1958 - Three years after "Cherry Pink and Apple Blossom White" reached #1, Cuban- born bandleader Perez Prado was again at #1 with "Patricia". Because of his Latin inspired instrumentals, Prado was known as the Mambo King.

    1961---Top Hits

Tossin’ and Turnin’ - Bobby Lewis

The Boll Weevil Song - Brook Benton

Yellow Bird - Arthur Lyman Group

Heartbreak U.S.A. - Kitty Wells

    1964-Spacestone Ranger photo’s from the moon. Unmanned moon probe transmitted back to Earth 4,308 close-up photographs of moon.

    1969---Top Hits

In the Year 2525 - Zager & Evans

Crystal Blue Persuasion - Tommy James & The Shondells

My Cherie Amour - Stevie Wonder

Johnny B. Goode - Buck Owens

    1972-Spacelab 3. Alan L. Bean, Owen K. Garriott and Jack R. Lousma started 59-day mission in the space station to test man's space flight endurance. Pacific splashdown Sept 25.

    1973 - Exactly one year after their first date, television’s "Six Million Dollar Man", Lee Majors, married "Charlie’s Angels", Farrah Fawcett. On the campus of the University of Texas, newly Farrah Fawcett-Majors was deemed one of the 10 most beautiful. Farrah and Majors are no longer married.

    1977---Top Hits

Looks like We Made It - Barry Manilow

I Just Want to Be Your Everything - Andy Gibb

I’m in You - Peter Frampton

It was Almost like a Song - Ronnie Milsap

    1984 - In Southern California, the 23rd Summer Olympic Games opened at the Los Angeles Coliseum. The head of the United States Olympic Committee, Peter V. Uberroth, welcomed 7,800 athletes from 140 nations in 3-1/2 hour long opening ceremonies.

    1984- Pete Rose passes Ty Cobb as the all-time single leader as he collects his 3,053rd off Steve Carlton in a 6-1 Expo victory over the Phillies.

    1985---Top Hits

Everytime You Go Away - Paul Young

Shout - Tears For Fears

You Give Good Love - Whitney Houston

Love Don’t Care (Whose Heart It Breaks) - Earl Thomas Conley

    1991-Dennis Martinez of the Montreal Expos pitched a perfect game, defeating the Los Angeles Dodgers,2-0, in Dodgers Stadium.

    1994 - Coincidences abounded in major league baseball. Kenny Rogers tossed major league's 14th perfect game in history on what was three years to the day since the previous time this same event happened. This time it was in an American League game where Texas beat California, 4-0. Ten years before on September 30, 1984, the same two teams played when the 11th perfect game was pitched. Mike Witt was the pitcher and the winning team was reversed.

    1996 - A pipe bomb hidden in a backpack exploded during evening festivities at the Centennial Olympic Park in Atlanta, Georgia, killing 2 people and injuring more than 100. The explosion occurred around 1:00 a.m., which doubtlessly prevented more Olympic visitors from being killed or injured. The F.B.I. was investigating leads.

    1998- Sammy Sosa hits his first career grand slam establishing the mark for most career homers before hitting a grand slam (246).

    1998 - Monument Records released the Dixie Chicks' country single "Wide Open Spaces".

    2000- Toronto skipper Jim Fregosi wins his 1,000th game as a big league manager as the Blue Jays beat the

Mariners, 7-2.





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