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)
Email: kellogg_md@yahoo.com

Denver, CO.
Fortune 500 GM/SVP wants to team up with aggressive lender looking for Western expansion mid-market equip. finance/leasing. 20+ years experience within Rocky Mountain/Southwest and Ca markets.
Email: legal@csotn.com

Hope, NJ.
25 years in optimizing call center operations, collections, billing, and back end revenue generation. Experienced in $7 + billion dollar portfolios. Verifiable achievements.
E-mail: cmate@nac.net

Irvine, CA.
Credit executive, portfolio manager and syndication facilitator. Extensive business building experience in small and mid-ticket operations. Highly innovative. Fortune 100 audit and technology skills. Bottom-line manager. Email: lenhubbard@bigfoot.com

Jacksonville, FL.
15+yrs Collections/Customer Service Expert. InfoLease, CARMS,managed staffs excess 100 VERY successfully - will relocate WITHIN Florida for right position ~ SIMPLY THE BEST
Email: rafftink@aol.com

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.
Email: bob33483@yahoo.com

New York, NY, NJ, Ct Tri-State
Top Exec. middle and big ticket, top skills treasury,funding, ops,transaction detail, syndication, ready to max profit, help build quality operation. right now!
E-Mail: leasefinance@optonline.net

Orange County, CA
25+ years experience large ticket equipment finance companies and commercial banking. Operations, documentation, legal, credit, workouts, portfolio management. $2+Billion portfolio. Seeking CFO, COO or similar.
Email: finance1000@cox.net

Philadelphia, PA.
27 yrs. exp. sales, ops., credit, strategy, P&L mngmet. Most recently created & executed the biz plans for 2 highly successful Bank-owned small ticket leasing subsidiaries.
email: mccarthy2020@comcast.net

Portfolio Management Consultant;
25+years experience in Collections, Customer Satisfaction, Asset Management, Recoveries, Continuous Process Improvement, Back end Revenue Generation, Cost per Collection Analysis. $5+Billion Portfolio expertise.
Email: efgefg@rogers.com

San Francisco, CA.,
25 years experience w/global leasing company, sales,marketing,business dev., P&L responsibility, asset mgmt, brokering and re-marketing. Interested in joining an est. firm with a future.
Email: rcsteyer@yahoo.com

San Francisco, CA
description: 25+ years vendor leasing experience: sales management, business development, contract negotiation, transaction structuring, accounting, finance, credit evaluation and business process design / implementation. Stanford MBA.
E-mail: lease_manager@yahoo.com

Syracuse, N.Y.
Int. equip. leasing exec. 25 yrs global P&L sr. mngt., including corporate turnarounds, strategic planning, new biz dev., structure finance, contract neg., vendor leasing specialist.
Email: jimh356094@aol.com

Wilmington, DE.
Over 15 years experience managing Credit, Risk Management and Fraud operations for large Financial Institution. Proven Results. Anywhere between NYC and DC for right opportunity.
Email: cklous@comcast.net

The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 3-1/4%.

The Committee believes that, even after this action, the stance of monetary policy remains accommodative and, coupled with robust underlying growth in productivity, is providing ongoing support to economic activity. Although energy prices have risen further, the expansion remains firm and labor market conditions continue to improve gradually. Pressures on inflation have stayed elevated, but longer-term inflation expectations remain well contained.

The Committee perceives that, with appropriate monetary policy action, the upside and downside risks to the attainment of both sustainable growth and price stability should be kept roughly equal. With underlying inflation expected to be contained, the Committee believes that policy accommodation can be removed at a pace that is likely to be measured. Nonetheless, the Committee will respond to changes in economic prospects as needed to fulfill its obligation to maintain price stability.

Voting for the FOMC monetary policy action were: Alan Greenspan, Chairman; Timothy F. Geithner, Vice Chairman; Susan S. Bies; Roger W. Ferguson, Jr.; Richard W. Fisher; Edward M. Gramlich; Donald L. Kohn; Michael H. Moskow; Mark W. Olson; Anthony M. Santomero; and Gary H. Stern.

In a related action, the Board of Governors unanimously approved a 25-basis-point increase in the discount rate to 4-1/4%. In taking this action, the Board approved the requests submitted by the Boards of Directors of the Federal Reserve Banks of Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco.

The Equipment Leasing Association (ELA) Monthly Leasing Index (MLI) reflects the increase in employment ads here at Leasing News, plus what we have been hearing direct from the industry: The second quarter is better than the first quarter.

While the ELA press release emphasized a " a very slight downturn for the month... New business volume decreased from April's $4.7 billion to $4.04 billion in May," comparing the trend of the first quarter to the second quarter shows $3.66 to $4.37 for the first two months of the second quarter.

Delinquencies (net of unearned income billed but not yet received) remained virtually unchanged in May.

Credit approval ratios barely changed from 76.0 percent over April's 76.3 percent.

Average charge-offs increased, coming in at 0.42 percent from April's 0.36 percent, but were much lower than the first quarter, another positive trend.

Aging of Receivables remained basically the same with some minor changes in over 30 days, but again, better than the first quarter.

The total number of employees remained relatively the same: May, 9,243 compared to April, 9,259, but again, showing a health upward trend, particularly compared to the first quarter.

Overall from the companies who participated, business is on the increase. We can assume that June will be better or the same as May, but we head into July with its long holiday and then into August with many vacations days before school starts, so it will be difficult for the up-ward trend to continue, but time will tell as September may pull up the quarter as it has done in the past, and the fourth quarter is still a period to look forward to.

The MLI is issued on the 30th of every month and provides trend analysis across all major performance areas of lessors, including new business volume, aging of receivables, average loss, credit approval ratios and number of employees.

Companies who participated are:
ADP Credit Corporation
Amsouth Leasing Corporation
Bank of America
Caterpillar Financial Services Corporation
CIT
De Lage Landen Financial Services
First American Equipment Finance
GreatAmerica Leasing
Hitachi Credit America Corp.
HP Financial Services
John Deere Credit Corporation
Key Equipment Finance
LaSalle National Leasing Corporation
Marlin Leasing Corporation
RBS Asset Finance
Siemens Financial Services
U.S. Bancorp Leasing & Financial
Verizon Capital Corporation
Wells Fargo Equipment Finance

In addition to the MLI, ELA provides a variety of data, including customized market analyses, to ELA members and organizations involved in the forecasted $248 billion equipment leasing industry. To access this and other industry information, visit the ELA website at http://www.elaonline.com/IndustryData/ or
contact Dean Frutiger at (703) 516-8380.

Organized in 1961, the Equipment Leasing Association (ELA) is the premier non-profit association representing companies involved in the dynamic equipment leasing and finance industry to the business community, government and media. As the voice of the leasing industry, ELA promotes the forecasted $248 billion industry as a major source of funds for capital investment in the United States and abroad. Headquartered in Arlington, Va., ELA has more than 750 member companies and a staff of 25 professionals. For more information on ELA, please visit www.ELAOnline.com.

These companies specialize in "C" and "D" credits, often news businesses, or businesses where the principal(s) have Beacon score around 600 or previous difficulties; meaning to become comfortable with the credit and financial situation you need to learn the "story" to make a positive decision, often requiring further security, shorter term, or additional guarantors. Many of these companies may also be a "B," but appear otherwise without the "story" to understand the full financial picture.

(To qualify for this list, the company must be a lessor and not a broker or superbroker, along with an acceptable Better Business Bureau Rating and no history of complaints at Leasing News. We reserve the right to not list a company who does not meet these qualifications.)

(A) Some times we go higher than $30,000, but our marketplace is from $1,000 to $30,000.

(D) ABCO Leasing, Inc. in Seattle area has been operating since 1974 serving the broker community. We required full financial disclosure on every transaction. We do story transaction, but do not like to refer to them as "C" of "D" credits. We think of therm as "A" type credits that have not been discovered yet. In actuallity, we do not really like to look at what most describes as "D" credits.

(E) Black Rogk Capital comment: We book anywhere between $15 to 20 million per year. We do no "app only" business and require a full financial package for each transaction. Our average size transaction is approximately $250k and, although, we concentrate in printing, packaging (steel rule die industry) and road construction equipment we do not rule out anything that makes sense. More information can be found at www.blackrockcapital.com.

(F) Black Rock Capital (Ireland) Limited and Black Rock Capital (UK) Limited provide the same services for small to middle market corporations in the European Economic Community and the United Kingdom.

“In your article about the effect of writing off Norvergence leases, the owner of the leasing company said that writing off the leases did not effect his bottom line or equity position. My understanding of accounting is when you write off a receivable it flows through the net income as a loss and correspondingly as a reduction in the equity account.

“As to his position that he still intends to collect this
money so it really didn't effect those two items, I wish him good luck
especially having read your news items recently!”

Here is a copy of the deposition of Martin Babicki, Executive Vice President Risk/Operations:

It was formed by a lawyer, as is a common practice, so Mr. Salzano's name does not appear.

(note the former president of NorVergence filed personal bankruptcy and a requirement is to keep up to date personal assets and liabilities. It should also be noted that many have told Leasing News the “real” president was his brother Thomas N. Salzano. He could not be named as president as he had a “nefarious” past.

Running a phone company into bankruptcy is nothing new for Thomas N. Salzano. Before his ill-fated venture, Newark-based NorVergence, folded last month, Salzano headed up a different phone company.

In the early 1990s, after running a freight consulting business, Salzano founded Minimum Rate Pricing Inc. in Bloomfield, a reseller of residential long-distance phone service that eventually hired hundreds of people but ran afoul of federal regulators in 1998 when customers complained that MRP illegally switched their long-distance, a technique known as slamming.

A settlement was reached, and MRP agreed to pay a $1.2 million fine to the Federal Communications Commission. But over the next few months, MRP's business imploded.

The company, which bought its long-distance service wholesale from WorldCom (now MCI), racked up $67 million in debt, according to court papers, and filed for Chapter 11 bankruptcy protection, along with some related companies, in February 1999.

"It was out of control," recalled Brian Engle, a turnaround specialist brought in by the creditors.” They weren't looking at their costs; the philosophy was, more revenue will solve the problem."

Months later, creditors battled in court for the remaining scraps, saying in court papers that Salzano set up "The Telecom Education Trust," a college trust fund for Salzano's five children, into which was funneled $250,000 in company funds.

Warren Martin, a New Jersey lawyer who represented the creditors' committee, said a judge ordered that money returned.

Creditors also accused Salzano of transferring $2.7 million in company funds to a Swiss bank while the company was in bankruptcy proceedings. But the creditors decided it wasn't worth the cost and effort to pursue those charges, Martin recalled. "Essentially, the business went away and there was nothing left but a bunch of lawsuits," he said.

In the end, the bankruptcy court allowed WorldCom, the largest creditor, to buy the remaining MRP customers, using part of its debt as payment, Engle said.

Here are Peter J. Salazano's assets and liabilities that he publically declared to the bankruptcy court for the month ending May 30,2005

“I am scheduled for my transplant surgery for July 13th. I started dialysis two months ago and that has kept me running pretty well.

“A very generous lady that my wife works with is donating one of her kidneys to me. Apparently, this is something she has wanted to do for some time (she is also listed on the bone marrow donor list, too). She is quite a remarkable lady—a single mother. We've become quite good friends over the last couple of months.”

“I grew up in central Texas and Jake
Pickle was my congressman. I felt like he needed a
little recognition on the various leasing boards as he
was the father of the ‘Pickle Lease.'.

“Keep up the good work. I've been enjoying your site
for years.”

Bon

THE EAEL AND BALTIMORE TRADITION CONTINUES- Once again the 7th annual Crab feast - networking event sponsored by the EAEL in Baltimore was truly a success. 80 Leasing individuals gathered for a fun filled evening and leasing experience.

The legendary Chuck Thompson- a Baltimore sports announcer used the phase " AINT THE BEER COLD" to punctuate his play by play calls of the Baltimore Orioles. As a listener to his broadcast you quickly knew that something good had happened; a well timed home-run or superior double play, when he used this famous phase. Well all that I can say was there was no doubt that the " BEER WAS COLD"

at Gunning Restaurant in the Baltimore area on June 9th and the EAEL hit another home run in sponsoring its annual Crab feast.

The better news is that the attendees were a buzz with positive attitudes about the leasing climate in 2005. Individuals were optimistic about leasing transactions that they have funded so far in 2005 and hopeful that the trends will continue for the second half of 2005. "Wall Street" has been debating for the last year whether the business climate is speeding ahead or falling behind. This EAEL event was a true indication that " Main Street" leasing professionals are experiencing positive trends and that the individuals who attended are ready to grab the brass ring in the ever changing leasing industry.

My hat is off to the EAEL and the individual hosts: Nancy Pistorio- Madison Capital, Bruce Winter- FSG Leasing and Dennis Horner - The Equipment Leasing Company for continuing this annual tradition...

an excellent opportunity for the leasing community to gather and share its thoughts.

We are all looking forward to hearing the keynote speakers at the Fall Expo: The Honorable Bill Bradley and

Scott A Wheeler
Vice President
The Equipment Leasing Company
Sparks, Maryland
( 800) 365 6566

Congress approved junk fax legislation Tuesday that allows businesses to send out unsolicited faxes in certain circumstances while protecting the rights of consumers to stop receiving them.

SALES: Seeking energetic, self motivated sales pro, nationwide opportunities, equipment/ transportation leasing and financing (buses, livery, limousines, ambulances, paratransit, funeral vehicles). Direct experience helpful/ not required. We are willing to train the right person. Moderate travel /extensive phone work required. Highest commissions paid in the industry. Fax or email resume to 718-392-5427 or dcoolbaugh@advantagefunding.us

About the Company: Advantage Funding is a leading commercial and consumer vehicle and equipment financing and leasing company, Long Island City, NY.

www.advantagefund.com

SFBI Recruiters

Need:
- Need fast turn around?
- Need a base salary and a good comp plan?
- Do you need competitive rates ?
- Need personalized expert service for   your vendors?
- Sales Reps w medical leasing vendors   needed nationally.
- Sales Reps w Specialty Trucking vendors   needed nationally!

Contact: Fred St Laurent, SFBI Professional Recruiting. Email: Fred@sfbirecruiter.com

www.sfbirecruiter.com

Wanted: Energetic, self-motivated outside sales professional in Pacific NW.
For full job description go to http://www.dolsenleasing.com/Careers.cfm

In business since 1958, DLC is an independent funding source servicing the $10K-250K market in 11 western states.

www.dolsenleasing.com

Tax Manager

Tax Manager

Seeking Tax Manager for Marshall, MN Headquarters. Responsible for management of USBancorp small ticket leasing division for a multi - billion dollar portfolio including oversight of compliance with all sales, use, rental, property, excise and miscellaneous taxes pertaining to the business of leasing. Four-year college/ university degree; or 2-4 years related work exp. and/or training; or equivalent combination of education and experience.

For complete description and application, click here.

www.usbank.com

One of the questions I am asked about wine is what to leave for a tip when the dinner includes an expensive bottle of wine. This is not fully answered by the Wine Spectator, the Chaine des Rotisseuers, Order of Mondial, and various top restaurants also skirt a direct response. Most people include the cost of the wine along with the price of the dinner, including the sales tax.

With a good bottle of wine starting at $50 and more at quality restaurants, or even a lot more at “fine” restaurants, often it appears you are being penalized for ordering a comparable wine to marry your entrees.

Often when you have a party of eight or more, a gratuity is automatically added at 17% to 18% of the total dinner bill. At a wedding rehearsal dinner in Houston for Sue's daughter, I ordered the wine for a party of 18 at this Italian restaurant (the food and service was outstanding. ) When I got the dinner bill, I had words first with the waiter and then the manger of the restaurant as I thought 20% automatic gratuity was too high. The discussion was not at the table, I made sure it was out of ear shot of the guests, and the manger was the one who decanted both the large bottles of wine.)

We had white wine before the main course. When I saw on the list an Imperial bottle of an '85 Barolo reserve, I ordered it for the main entrees. I thought it was a great price for the wine and could not pass it up. In fact, the party liked it so much, I ordered a second, which turned out to be a later vintage, 1988, as I had ordered the only 1985 they had. It was not as good, but only by degrees. It was still a memorable wine. Of course, we had dessert wine with the wonderful Italian desserts. And to sum it up, it was a wonderful evening until they presented me with the bill.

All the wine for the dinner was over three times the cost of the food. I reacted to the automatically adding 20% to the cost of the wine ( which also included the sales tax) to the tab.

As a rule of thumb, according to the Wine Spectator, you should never pay less than 15% gratuity for everything.

If the service is poor, the minimum is 10%. They recommend 20% for a good meal, including the wine, despite the price of the wine. They assume someone is going to buy a $25 or $30 bottle of wine. Or perhaps bring their own wine to the restaurant and pay corkage ( which they highly recommend.)

The Chaine des Rôtisseurs have a similar policy, except they encourage a 25% for excellent service, despite the cost of the wine. If you are having a top dinner and top wine, you are expected to pay for the top service as you are a member of the Chaine, and to act accordingly.

It is also recommended that you give the Wine Stewart of Sommelier a tip, as well as the Captain, if he gives you service beyond, such as at Le Bernadin in New York City, where it appears the captain is very active at his group of tables.

You actually write on the receipt the tip, and who it goes to. 10% for the Sommelier if he is active recommending the restaurant, as well as at least 5% to 10% for the captain.

Now this is what the late famous bon vivant and chef extraordinaire Charles Beard said, many years ago, and I basically follow it: 20% of the cost of the food is the minimum tip to the waiters ( exclude sales tax—also easier to do the math) 10% of the wine cost ( exclude sales tax) and mark this for the sommelier, and if not, mark wine steward, still 10%. 5% for the captain, if he is of help, otherwise not.

If you bring your own wine, although there is corkage, let your conscious be your guide. If no corkage is charged, you should raise your tip. As a rule of thumb, I rarely, if ever, will bring a bottle from my cellar to a restaurant. I think it is poor manners to do so. I go out and listen to the waiter or wine steward about what goes best with their food. I don't need to show off what wine I have. I also would like to see the restaurant stay in business.

Now a wedding or a special dinner or event when we are all getting what they serve, and there never is a tip, I always bring a couple of magnums to share with the entire table. I choose my seat, when I first enter, and put the wine under it. I can tell you those who have been with me at such events, always come over to see what I am having---with an empty glass in their hand.

Oh, yes, who won at the wedding rehearsal dinner. They did. It was their written policy 20% gratuity on large parties; they also had to have special help in decanting the large bottles, and our discussion was getting so long and I could see people at our table looking at me, so I gave in. I was on the verge of ruining the evening for them. I think they knew I was from California, would never see me again, and if I had the money to buy two large bottles of wine, I had the money to pay the full 20% on everything.

The wedding was great, and the party at the rehearsal dinner talked a lot about the dinner and the “fabulous” wine.

I guess it goes back to that old adage, “If you really liked the wine, you never paid too much for it.”

Coda: If you want to know if you got a value for your wine, or what the wine price is today, go to www.winezap.com Type in the vintage (year) and name of the producer with wine type or geographic area, such as 1995 Chateau Lynch Bages Pauillac .

MIDVALE, Utah-- James L. Christensen Steps in as President; Applied Financial Inks a Deal with Wells Fargo Bank for a New $25 Million Operating Line Applied Financial announced that it has hired James L. Christensen as president of the company. Prior to stepping into the role of president, Christensen worked with Applied Financial since the company's inception as general counsel. The company also announced a new $25 million operating line with Wells Fargo Bank, which will give Applied Financial enhanced direct lending capabilities, as well as a significantly lower cost of funds.

"These two developments signal the beginning of a new era at Applied Financial," said Dave DiCesaris, CEO. "Jim brings with him a deep knowledge of the company's day-to-day operations, the industry and great lease documentation expertise."

Prior to joining Applied Financial, Christensen was co-founder and managing partner in the law firm of Corbridge, Baird & Christensen.

"Applied Financial has always been a forward-thinking, customer oriented company," said Christensen. "I'm excited to help take it to the next level."

DiCesaris, who formerly carried the title of president and CEO, will continue to function as CEO, focusing his efforts on new growth strategies and initiatives.

"With the addition of Jim to our executive team, I'll be able to concentrate on macro initiatives that will move our existing product offerings and competitive advantages to the next level," said DiCesaris. "I believe that lease banking will soon be the standard to which all independent lessors will be held; I'm thrilled to now have the opportunity to further enhance our leadership position in the lease banking approach to doing business."

The new $25 million operating line with Wells Fargo Bank brings additional direct lending capabilities to the company. It gives Applied Financial access to a lower cost of funds, as well as a firm-term sublimit that does not require a third-party takeout commitment.

"We've always had the capacity to fund transactions with our own money for short periods of time," said DiCesaris. "With this new operating line, we can hold transactions that meet our credit and investment criteria for the entire firm-term of the lease at a very low cost. This new facility allows us to provide our customers an unusually quick credit decision and a very competitive rate."

Applied Financial, Midvale Leslie Proctor, 801-233-6815 lproctor@applied-financial.comApplied Financial Hires New President and Expands Lease Financing Capabilities

LANCASTER, Pa., / -- Sterling Financial Corporation Board of Directors has appointed Glenn R. Walz of Lancaster chairman and W. Garth Sprecher of Lancaster vice chairman. Walz, a certified public accountant, is founder and chief financial officer of Walz, Deihm, Geisenberger, Bucklen & Tennis PC, and Sprecher is senior vice president of D&E Communications.

"Sterling is a dynamic organization because it has had dynamic leadership with John Stefan at the helm for more than a decade," said Walz. "Our momentum is strong. Our strategy is focused. I am pleased to chair the board of one of the leading financial institutions in this part of the country."

Walz joined the Sterling Financial Corporation Board in 1988; he also serves as chairman of the board for Bank of Lancaster County, chairman of the board of Sterling Financial Trust Company and chairman of the Sterling Financial Corporation Board's finance committee. Sprecher became a Sterling Financial Corporation Board member in 1998; he chairs the board's management development and compensation committee.

"We have made significant gains over the past decade. Our progress is attributable directly to the course set by the board and to the Sterling team who delivers customer-focused and customer-friendly services every day," said John Stefan, chairman of Sterling Financial Corporation since 1994. "I look forward to continuing my work with Sterling." In addition to continuing to serve on the Sterling Financial Corporation Board of Directors, Stefan serves on the boards for Bank of Lancaster County and Sterling Financial Trust Company. He joined Bank of Lancaster County in 1979. Sterling Financial Corporation was formed in 1987.

With assets of approximately $2.8 billion, Sterling Financial Corporation (Nasdaq: SLFI) is a diversified financial services company based in Lancaster, Pa. Sterling Banking Group affiliates offer a full range of banking services in south-central Pennsylvania, northern Maryland and northern Delaware; the group also offers correspondent banking services in the mid-Atlantic region to other companies within the financial services industry. Sterling Financial Services Group affiliates provide specialty commercial financing; fleet and equipment leasing; investment, trust and brokerage services; insurance services; and human resources consulting services. Visit http://www.sterlingfi.com for more information.

Banking Group -- Banks: Pennsylvania: Bank of Lancaster County, N.A.; Bank of Lebanon County; PennSterling Bank; and Pennsylvania State Bank. Pennsylvania and Maryland: Bank of Hanover and Trust Company. Maryland: First National Bank of North East. Delaware: Delaware Sterling Bank & Trust Company. Correspondent banking services: Correspondent Services Group (provider of Sterling services to other financial institutions).

Financial Services Group -- Specialty commercial financing: Equipment,Finance LLC (commercial financing company for the forestry, land clearing and construction industries). Fleet and equipment leasing: Town & Country Leasing, LLC (nationwide fleet and equipment leasing company). Trust, investment and brokerage services: Sterling Financial Trust Company (trust and investment services) and Church Capital Management, LLC (registered investment advisor) with combined assets under administration of $2.1 billion and Bainbridge Securities Inc. (securities broker/dealer). Insurance services: Lancaster Insurance Group, LLC (independent insurance agency for personal, property and business insurance); StoudtAdvisors (employee benefits consulting and brokerage firm); and Sterling Financial Settlement Services, LLC (title insurance agency). Human resources consulting: Professional Services Group (human resources consulting services provider for small to medium size businesses).

MIDVALE, Utah - - Applied Financial announced that is has hired James L. Christensen as President of the company. Prior to stepping into the role of President, Mr. Christensen worked with Applied Financial since the company's inception as General Counsel. The company also announced a new $25MM operating line with Wells Fargo Bank, which will give Applied Financial enhanced direct lending capabilities, as well as a significantly lower cost of funds.

“These two developments signal the beginning of a new era at Applied Financial,” said Dave DiCesaris, CEO. “Jim brings with him a deep knowledge of the company's day-to-day operations, the industry and great lease documentation expertise.”

Prior to joining Applied Financial, Jim was Co-Founder and Managing Partner in the law firm of Corbridge, Baird & Christensen.

““Applied Financial has always been a forward-thinking, customer oriented company,” said James Christensen, president. “I'm excited to help take it to the next level.”

Dave DiCesaris, who formerly carried the title of President and CEO, will continue to function as CEO, focusing his efforts on new growth strategies and initiatives.

“With the addition of Jim to our executive team, I'll be able to concentrate on macro initiatives that will move our existing product offerings and competitive advantages to the next level,” said Dave DiCesaris. “I believe that Lease Banking will soon be the standard to which all independent lessors will be held; I'm thrilled to now have the opportunity to further enhance our leadership position in the Lease Banking approach to doing business.”

The new $25MM operating line with Wells Fargo Bank brings additional direct lending capabilities to the company. It gives Applied Financial access to a lower cost of funds, as well as a firm-term sublimit that does not require a third-party takeout commitment.

“We've always had the capacity to fund transactions with our own money for short periods of time,” said Dave DiCesaris, CEO. “With this new operating line, we can hold transactions that meet our credit and investment criteria for the entire firm-term of the lease at a very low cost. This new facility allows us to provide our customers an unusually quick credit decision and a very competitive rate.”

In business since 2000, Applied Financial is a bank-associated, middle-market technology leasing company, dedicated to delivering the highest quality lease banking services at the lowest possible cost. The company is located in Midvale, Utah. More information on Applied Financial is available at www.applied-financial.com.
# # #

Sites of Reference:
http://www.applied-financial.com

CONTACT:
Leslie Proctor
Applied Financial
Phone Number: 801-566-9201 x115
Fax Number: 801-566-0482
E-mail: lproctor@applied-financial.com

1959-Dave Brubeck Quartet records “ Take Five,” which not only becomes a class score in 5/4 time, a alto sax Paul Desmond classic, but eventually hits number one on the Billboard, rare for a jazz performance. The album also became a million seller.
http://www.duke.edu/~smt3/brubeck.htm

    1730-The most populous area of colonial America was New England, with 275,000 Europeans. By 1760, this number rose to 425,000, and at the close of the revolution to 800,000.
    1733-Forty Jews, admitted to Georgia colony by its proprietors, settled in Savannah.
    1778-The first foreign diplomat accredited to the U.S., Conrad Alexandre Gerard, arrived in America. He had been appointed by King Louis XVI of France. The tide of the Revolutionary War changed when France not only lent the new colonies money, but officers, soldiers, arms, and ships. At Yorktown, the victory that won the war, Frenchman outnumbered Americans almost three to one! Washington had 11,000 men engaged in the battle, while the French had at least 29,000 soldiers and sailors. The 37 French ships-of-the-line played a crucial role in trapping the 8,700 strong British army and winning the engagement.
    1800- The earliest recorded Methodist camp meeting in America was held in Logan County Kentucky, near the Gaspar River Church.
    1807-birthday of Thomas Green Clemson. The man for whom Clemson University was named, born at Philadelphia, PA. The mining engineer and agriculturist married John C. Calhoun's daughter, Anna. Clemson bequeathed the old Calhoun plantation to South Carolina and Clemson Agricultural College ( Now Clemson University) was founded there in 1889. Clemson died at Clemson, SC, April 6, 1888.
http://www.clemson.edu/welcome/history/
    1835-The Baltimore and Ohio Railroad made its trial run from Baltimore, MD, to Washington, DC, starting railroad service to the federal capital.
    1843 -An alligator falls from the sky onto Anson Street in a thunderstorm
    1847- the first US postage stamps were issued by the US Postal Service, a 5 cent stamp picturing Benjamin Franklin and a 10 cent stamp honoring George Washington. Stamps had been issued by private postal services in the US prior to this date. (Don't forget, the postage goes up today, starting at 37 cents for a regular stamp)
(last part of:http://memory.loc.gov/ammem/today/jul01.html )
    1852-the first body to lie in state in the US Capitol rotunda was that of Senator Henry Clay, who died in Washington, DC, at the age of 75 on June 29,1842. His body was placed in the rotunda, where it was displayed for the public to pay their respects, prior to interment in Lexington Cemetery, Lexington, KY.
    1859-Amherst and Williams played the first intercollegiate baseball game, with Amherst winning, 73-32. The next day Williams evened the score by defeating Amherst in a chess match.
http://www.henryclay.org/hc.htm
    1861- 1st public schoolhouse opens at Washington & Mason St, SF
    1862- Congress outlaws polygamy (1st time); “an act to punish and prevent the practice of polygamy in the territories of the United Sates and other places, and disapproving and annulling certain acts of the legislative assembly of the territory of Utah.” Most of the settles in Utah belonged to the Mormon Church ( Church of Jesus Christ of Latter-day Saints), which encouraged men to marry multiple wives. Little effort was made to enforce this law. The first anty-polygamly law with teeth was the act of March 22, 1883, known as the Edmunds law, which defined simultaneous marriages as bigamy and prescribed loss of citizenship as a penalty. It legitimized children born in polygamy before January 1, 1883.
    1862- Day 7 of the 7 Days-Battle of Malvern Hill
http://petersburgcityguard.tripod.com/map5mhattacks.htm
http://members.ismi.net/mmcwr/battle/malvern_hill.html
http://www.forttejon.org/ga3/ga3malv.html
http://members.aol.com/dick744/pa61-or2.htm
http://www.gettysburgguide.com/fight.html
http://www2.cr.nps.gov/abpp/battles/va021.htm
    1862-the Bureau of Internal Revenue was established by an act of Congress. The same day, President Abraham Lincoln signed into law a bill levying a 3 percent income tax on annual incomes of $600—$10,000, and 5 percent on incomes of more than $10,000. The revenues were to help pay for the Civil War. This tax law actually went into effect, unlike an earlier law passed August 5,1861, making it the first income tax levied by the US. It was rescinded in 1872.
    1862-The Morrill Land Grant Act was passed. This federal legislation led to the creation of the Land Grant universities and Agricultural Experiment Stations in each state.
    1863- After the Southern success at Chancellorsville, VA, Confederate General Robert E. Lee led his forces on an invasion of the North, initially targeting Harrisburg, PA. As Union forces moved to counter the invasion, the battle lines were eventually formed at Gettysburg, PA, in one of the Civil War's most crucial battles. Today began the Battle of Gettysburg, where General Robert E. Lee made a desperate bid to smash through Union forces and approach Washington, D.C. from the west. This was a crucial turning point in the war. Quite by accident, and not foreseen by General Lee, General George G. Meade stumbled upon the advance accidentally at Gettysburg, Pa. Lee's assaults on federal positions, trying to move out of this encounter, brought extremely heavy losses to both sides. On the climactic third day of the battle (July 3), Lee ordered an attack on the center of the Union line, later to be known as Pickett's Charge. When the famous charge of Gen. George E. Pickett's division failed, with one unit leaving 3393 out of 4800 men dead or wounded on the field, the battle was lost to the South. The 15,000 rebels were repulsed, ending the Battle of Gettysburg. On July 4, both sides were exhausted. On July 5, Lee's army retreated, listing more than one-third of the troops as casualties in the failed invasion, never to return to northern territory. Union General George Meade initially failed to pursue the retreating rebels, allowing Lee's army to escape across the rain-swollen Potomac River. He felt ill prepared for the action, particularly after initiating the battle without preparation and in “surprise.” Historians say he missed an opportunity. They were not there, but make this observation primarily because Meade was not a very good tactician or leader of men. His men labeled him “timid” and used a stronger word we can't print here. The South suffered 30,000 killed, wounded, or missing. The North, 23,000.
http://memory.loc.gov/ammem/today/jul01.html
http://www.fredericksburg.com/Movies/2001/072001/Gettysburg_T1
http://www.gettysburgaddress.com/HTMLS/battle.html
http://www.gettysburg.com/
a key to the victory at Gettysburg
http://www.civilwarhome.com/buforddefense.htm
    1869- US mint at Carson City, Nevada opens
http://www.tulving.com/carsonct.html
    1874-The Philadelphia Zoological Society, the first US zoo, opened. Three thousand visitors traveled by foot, horse and carriage and steamboat to visit the exhibits. Price of admission was 25 cents for adults and 10 cents for children. There were 1,000 animals in the zoo when it opened.
http://www.phillyzoo.org
    1876- Birthday of Susan Keating Glaspell, U.S. novelist and playwright who won the 1930 Pulitzer prize for her play Allison's House. She wrote no further plays but continued to write novels that examined women's struggles with biology, conservative mores, and other influences on her freedom and happiness. Her early stories were steeped in the Iowa of her childhood and after the success of her first novel, she resettled in New York, married a wealthy home-town boy and lived and romped in Greenwich Village. The bulk of her noteworthy writing was done after his death in 1924. She remarried briefly.
    1881- US Assay Office in St Louis, Missouri opens (closed, June 13,1911, originally open for the World's Fair Exposition ).
http://www.ustreas.gov/education/fact-sheets/currency/prod-facilities.html
    1889 -Frederick Douglass named Minister to Haiti
http://www.frederickdouglass.org/douglass_bio.html
    1890- 2,000 Census Bureau clerks began the daunting task of tallying the results of the country's 11th census, aided for the first time by mechanical calculating devices. Some 45,000 census counters had spent the entire month of June counting America's 60 million-plus population, using hole punches to record the results of their surveys by punching out designated spots on the card, like a train conductor punches a ticket. Later, those cards were counted by a tabulating machine invented by 29-year-old Herman Hollerith. Hollerith's counting machine had soundly beaten other proposed counting methods in a contest sponsored by the Census Bureau. Hollerith later founded the Tabulating Machine Company, which, through a series of mergers and reorganizations, eventually became IBM.
    1893-President Grover Cleveland boarded the yacht Oneida for surgery to be performed in secret on a cancerous growth in his mouth. As this was during the 1893 depression, secrecy was thought desirable to avoid further panic by the public. The whole left side of Cleveland's jaw was removed as well as a small portion of his soft palate. A second, less extensive operation was performed July 17. He was later fitted with a prosthesis of vulcanized rubber that he wore until his death June 24, 1908. A single leak of the secret was plugged by Cleveland's Secretary of War, Daniel Lamont, the only member of the administration to know about the surgery. The illness did not become public knowledge until an article appeared Sept 22, 1917, in the Saturday Evening Post, written by William W. Keen, who assisted in the surgery.
    1898 -Teddy Roosevelt & his Rough Riders charge up San Juan Hill
( bottom half of: http://memory.loc.gov/ammem/today/jul01.html )
    1899 -In Wisconsin, the Gideons were founded by three traveling businessmen. They placed their first Bibles in 1908 at the Superior Hotel in Iron Mountain, Montana.
http://www.gideons.org/
    1899-the birthday of Thomas A. Dorsey, the father of gospel music, born at Villa Rica, GA. Originally a blues composer. Dorsey eventually combined blues and sacred music to develop gospel music. It was Dorsey's composition, “Take My Hand, Precious Lord” that Reverend Dr. Martin Luther King, Jr., had asked to have performed just moments before his assassination. Dorsey, who composed more than 1,000 gospel songs and hundreds of blues songs in his lifetime, died Jan 23, 1993 at Chicago, ILL.
http://www.allmusic.com/cg/x.dll?p=amg&sql=B141510
    1903 - A strong tornado just 50 to 75 yards in width killed many persons around the Gainesville GA Cotton Mill. The tornado strengthened and widened near the end of its four mile path, killing 40 persons at New Holland GA. A total of 104 persons were killed in the tornado.
    1903- Irna Phillips, U.S. radio script writer who developed the genre of the radio and TV soap opera. Starting with a ten-minute drama on a Chicago radio station (it tried to block her further progress), in 1932 she sold a similar program to the networks and the Queen of the Soaps was on her way. She wrote a dozen different shows and by 1943 she had five daily shows going at one time including the enduring Guiding Light, hiring a staff of writers for the daily scripting. When TV destroyed the careers of so many writers, IP moved easily into the format starting with Guiding Light (1952), As the World Turns (1956), and Days of Our Lives (1965), the most famous radio and TV soap operas of history. Her writing was superior and many have mourned the passing of her higher standards. Died 23 December 1973, Chicago, IL.
http://www.museum.tv/archives/etv/P/htmlP/phillipsirn/phillipsirn.htm
http://us.imdb.com/Name?Phillips,+Irna
    1908-Birthday of Este Lauder, learned sales at the family hardware store, was introduced to beauty products by her uncle, a skin specialist from whom she learned to manufacture and develop skin creams. She started by giving free demonstrations and a small gift to customers. As her business burgeoned, she divorced and later remarried her former husband who agreed to run the factory which produced the Lauder beauty products while she did the promotions, marketing, and sales. She personally opened all Lauder outlets and hired the staff which was to reflect her standards of physical attractiveness as well as a balanced personality.
http://www.elcompanies.com/company/timeline/history.html
    1910-The Chicago White Sox opened their new home originally called White Sox Park and later called Comiskey Park, losing to the St. Louis Browns, 2-0. Barney Pelty pitched the shutout for the Browns.
    1910-The Ward Baking Company, Chicago, IL started the first bread factory that was completely automatic. The dough was not touched nor the bread handled except when it was placed on the wrapping machine. 1917, Taggart Baking Company of Indianapolis, IN began distribution to Mary Maid stores, a one-pound loaf. The first bagel baker was Lender's Bakery, which opened in 1927, in West Haven, CT. the owner was Harry Lender, who had just arrived from Lublin, Poland. Lender's introduced the first frozen bagels in 1963. By the way, the first frozen bread was offered to stores on November 3, 1942, by Arnold Bakers, Port Chester, NY.
    1913-Birthday of Jo Sinclair (born Ruth Seid)- U.S. novelist. Her first novel Wasteland won the $10,000 Harper & Brothers prize for the best study of an aspect of U.S. life. (Cleveland) Sinclair was the pen name of Ruth Seid, daughter of Russian Jewish immigrants, and was raised in abject poverty. The distinction of having created the first fully developed lesbian character goes to Jo Sinclair and her 1946 novel, Wasteland. Jo Sinclair is the pseudonym for Ruth Seid; Wasteland, her partly autobiographical first novel, won the Harper Prize in 1946 and remained on the bestseller lists for months.
http://www.amazon.com/exec/obidos/search-handle-url/index=books&
field-author=Sinclair%2C%20Jo/002-2909458-5798421
http://www.davka.org/who/avrunin/fannie/ruthseidmore.html
http://www.davka.org/who/avrunin/fannie/ruthseid.html
http://www.glbtq.com/literature/jewish_am_lit.html
    1914 Earle Warren birthday (1937-45,lead alto sax player, band manager for the Count Basie Band.)
http://www.centrohd.com/biogra/w1/earle_warren_b.htm
http://www.jazzsteps.com/browse/artist.asp?p_id=P___136086&
partner=23053#bio
    1915- Blues legend Willie Dixon was born at Vicksburg, Ml. He moved to Chicago in 1936 and began his career as a musician with the Big Three Trio. With the advent of instrument amplification Dixon migrated away from his acoustic upright bass into producing and songwriting with Chess Studios, where he became one of the primary architects of the classic Chicago sound in the 1950s. His songs were performed by Elvis Presley, the Everly Brothers, the Rolling Stones, Led Zeppelin, the Doors, Cream, the Yardbirds, Aerosmith, Jimi Hendrix and the Allman Brothers, among others. Dixon died Jan 29, 1992, at Burbank, CA.
http://afgen.com/dixon.html
    1915--Pawtucket, Rhode Island received a deluge with 5.1 inches of rain in 24 hours.
    1911-The high of only 79 at Phoenix Arizona was the coolest daily maximum for the month of July and well below the normal high of the date of 105
    1916- Olivia De Havilland, U.S. actor won Academy Awards for her work in To Each His Own (1946) and The Heiress (1949). However, she is probably best known for her role as Melanie in Gone With the Wind (1939). Her suit against a contract she had signed as a beginning actor broke the film studios lifetime monopoly on contract actors. It limited acting contracts to seven years (including suspensions). Her sister was Joan Fontaine (10-22-1917) who also won an Academy Award. The sisters were never friendly. De Havilland grew up in Los Gatos and Saratoga, visiting often, as she had many friends here and was quite the local celebrity to have to parties.
    1917 Race riots in East St Louis Illinois (40 to 200 reported killed).
http://www.pbs.org/wgbh/amex/garvey/peopleevents/e_estlouis.html
http://www.eslarp.uiuc.edu/ibex/archive/nunes/esl%20history/race_riot.htm
http://www.builtstlouis.net/eaststlouis/eaststl01.html
http://www.cs.umb.edu/jfklibrary/coolidge_felzenberg.html
http://www.personal.utulsa.edu/~marc-carlson/riot/oldriots.html
http://library.wustl.edu/units/spec/archives/guides/urban.html
    1920-Suzanne Lenglen of France became the first woman tennis player to win three Wimbledon championships in the same year. She won the singles titles, the doubles, and the mixed doubles.
http://www.xrefer.com/entry/172914
http://perso.club-internet.fr/bmarcore/tennis/champions/lenglen/
Lenglen.html
    1921-the first sales tax enacted by a state became effective in West Virginia. The rate was one-fifth of 1 percent of the gross income of banks, street railroads, telephones, telegraph, express and electric light and power retailers, and two-fifth of 1 percent on timber, oil, coal, natural gas, and other minerals. Payments could be made to the state quarterly or annually. It replaced a tax on corporate net income.
    1921- Canadian country singer Stu Davis, whose real name is David Stewart, was born in Boggy Creek, Saskatchewan. He and his brother Fred teamed up in 1939 to perform as the Harmony Boys on Regina radio station CKCK. Stu Davis later became known as "Canada's Cowboy Troubador," and made appearances in the late 1940's on NBC radio's "National Barn Dance" from Chicago and the "Grand Ole Opry." Davis signed with London Records in 1956, making 15 LP's for the label. In 1968, Davis, already a veteran of several TV shows, narrated the 13-part CBC TV documentary history of Western Canada, "Trail-Riding Troubador." Eddy Arnold took Stu Davis's song "What A Fool I Was" to number two on the Billboard country chart in 1948.
http://countrymusicnews.ca/news.ihtml?step=2&article_id=315
    1933- Lightning strikes an oil storage area near Elizabeth, NJ, destroying 300,000 barrels at the Texas Oil Company plant
    1935 - Benny Goodman and his band recorded the "King Porter Stomp" for Victor (Vi 25090). Often I play a series of how this song evolved, starting with Jelly Roll Morton, then Louis Armstrong, Benny Goodman, and finally, Gil Evans: “New Bottle, Old Wine” great album ( on of my favorites ).
http://perso.club-internet.fr/barybary/159.htm
    1941- the Federal Communications Commission allowed 18 stations to begin broadcasting “television” this day. Only two were ready: the New York stations owned by NBC and CBS.
    1941-Twyla Tharp born Portland; is perhaps today best known for “Movin' Out.” A brilliant and major innovator in dance, she has combined tap, ballet, jazz, and social dancing in choreographing much acclaimed ballets, musical products, Broadway, and Hollywood films to modern music themes such as the Sinatra Suite. She was also much admired as a dancer.
http://www.achievement.org/autodoc/page/tha0bio-1
http://www.twylatharp.org/cover/cover_page.htm
http://www.amazon.com/exec/obidos/tg/detail/-/0553073060/
qid=1057043310/sr=1-2/ref=sr_1_2/002-2909458-5798421
?v=glance&s=books
    1942- Birthday of Andrae Crouch, African-American sacred music artist. His most enduring gospel songs have been 'Soon and Very Soon,' 'My Tribute' and 'Through It All.'
http://www.one-way.org/jesusmusic/crouch.htm
http://www.gospelcity.com/artists/a_crouch.html
http://patriot.net/~crouch/tree/andrae.html
http://www.jamsline.com/b_crouch.htm
    1942--Portland, OR hits 107, an all-time record for the city
    1949- One of TV's first popular sitcoms, ‘Mama” told the story of a Norwegian family living in San Francisco in 1911. I remember watching this show with my parents. It aired live through 1956; after it was cancelled, a second, filmed version lasted only 13 weeks. Cast members included Peggy Wood, Judson Laire, Rosemary Rice, Dick Van Patten.
http://www.yesterdayland.com/popopedia/memories/
show_mem.php?ID=PT1001
http://www.classicthemes.com/50sTVThemes/themePages/
mama.html#anchor2424000
    1950---Top Hits
Bewitched - The Gordon Jenkins Orchestra (vocal: Mary Lou Williams)
My Foolish Heart - The Gordon Jenkins Orchestra (vocal: Eileen Wilson)
I Wanna Be Loved - The Andrews Sisters
Why Don't You Love Me - Hank Williams
    1951 - Bob Feller set a baseball record as he pitched his third no-hitter for the Cleveland Indians
    1952-“The Liberace Show” premiered on TV. A pianist known for his outrageous style and candelabra on his piano, Liberace hosted popular shows in the ‘50s and 60's. The first premiered on KLAC-TV in Los Angeles and went national in 1953. My father came to Hollywood in 1955 to become a producer/ story writer for Ziv TV, among the “products” developed were “Highway Patrol,” “Cisco Kid” and a half-hour syndicated series with Liberace featuring his brother George as violist and orchestra leader.
http://us.imdb.com/Bio?Liberace
    1952-birthday of Elwood Blues of the Blues Brothers ( Dan Aykroyd), Ottawa, Ontario
http://csce.uark.edu/~ariggin/elwood.htm
http://www.nederpoparchief.nl/bluesbrothers/elwood.html
http://www.nederpoparchief.nl/bluesbrothers/main.html
http://www.burnet.edu.au/htblues/transcript
http://members.aol.com/carguy218/elwood.html
    1956 - Elvis Presley appeared on the Steve Allen "The Tonight Show". He wore a tuxedo and sang to a sad-eyed basset hound. Steve Allen and the audience loved the performance. He was invited back again, but the next time was not in a “Tux”.
    1958---Top Hits
Hard Headed Woman - Elvis Presley
Yakety Yak - The Coasters
Patricia - Perez Prado
Guess Things Happen that Way - Johnny Cash
    1959-Dave Brubeck Quartet records “ Take Five,” which not only becomes a class score in 5/4 time, a alto sax Paul Desmond classic, but eventually hits number one on the Billboard, rare for a jazz performance. The album also became a million seller.
http://www.duke.edu/~smt3/brubeck.htm
    1961-birthday Frederick Carlton “Carl” Lewis US, Olympic track & field star (Gold-1984, 1988), born Birmingham,AL.
http://top-biography.com/9160-Carl%20Lewis/
    1963- the US Postal Service introduced the five-digit zip code.
    1963- The Beatles recorded “She Loves You” and “I'll Get You.” at EMI's Abbey Road Studios. “She Loves You” would become their second number-one hit in both Britain and the US. Can you name their first hit? (don't cheat by using Google.)
    1966---Top Hits
Paperback Writer - The Beatles
Strangers in the Night - Frank Sinatra
Red Rubber Ball - The Cyrkle
Take Good Care of Her - Sonny James
    1966- the Beatles began a series of concerts at the Budo Kan Hall in Tokyo. A famous bootleg album, "Three Nights in Tokyo," was made of the Beatles' appearance.
    1966- the Grateful Dead released their first single, "Don't Ease Me In" backed with "Stealin'."
http://dannyman.toldme.com/lyrics/Grateful_Dead/Stealin'.html
    1967- Beatles' "Sgt. Pepper's Lonely Hearts Band goes #1 for 15 weeks
    1967 - Scott McKenzie scored his first hit with the single, "San Francisco (Be Sure to Wear Flowers in Your Hair)". The song became an anthem for the Love Generation and the young people of flower power. McKenzie also co-wrote a hit for the Beach Boys in 1988, called "Kokomo" His songs, "San Francisco" and "Like an Old Time Movie", were written and produced by John Phillips of The Mamas and The Papas
    1968--: On this date, the Pennsylvania Supreme Court voided the Muncy Law that required women to serve longer prison terms - often 2.5 times longer - than men who are convicted of the same crime. The successful appeal was handled by attorneys of the National Organization for Women. More recently, a number of states including New York and California have made studies ordered by their supreme courts and found that women are still sentenced to longer terms for the *same* crimes as men. The practice is said to be pervasive. (Paula C. Johnson provided this citation: Carolyn Engel Temin, Discriminatory Sentencing of Women Offenders: The Argument for ERA in a Nutshell, 11 Amer. Crim. L. Rev. 355 (1973).)
    1971-The Twenty-Sixth Amendment was ratified. The 26 th Amendment to the Constitution granted the right to vote in all federal, state and local elections to all persons 18 years or older. On the date of ratification, the US gained an additional 11 million votes. Up until this time, the minimum voting age was set by the states, in most states it was 21.
    1972-the first Navy admiral who was African-American was Samuel Lee Gravely, Jr. of Richmond ,VA.
    1973 - Golfer Bruce Crampton tied for fourth place in the Western Open golf tournament, bringing his career earnings to over a million dollars. Crampton became the first non-American golfer to reach that mark. He became the fifth golfer to make over a million dollars in career earnings. The others were Arnie Palmer, Billy Casper, Jack Nicklaus and Lee Trevino.
    1972- the rock musical "Hair" closed on Broadway after 1,729 performances. It had opened at the Biltmore Theatre on April 28th, 1968. The music for "Hair" was written by Montreal native Galt McDermott.
http://www.geocities.com/hairpages/
http://www.amazon.com/exec/obidos/ASIN/B000002W1S/
inktomi-musicasin-20/002-2909458-5798421
    1973 - "Jesus Christ Superstar" closed in New York City after 720 performances on Broadway. The cast album quickly became a million-seller.
    1974---Top Hits
Sundown - Gordon Lightfoot
Be Thankful for What You Got - William DeVaughn
If You Love Me (Let Me Know) - Olivia Newton-John
Room Full of Roses - Mickey Gilley
    1975-Captain & Tennille get their first gold record with "Love Will Keep Us Together". The album will eventually sell 2 1/2 million copies and win a Grammy for Record of the Year
    1976- Kenneth Gibson, is 1st black president of US Conference of Mayors.
    1979- Sony introduced the Walkman under the name Soundabout, selling for $200. It had been released in Japan six months earlier. More than 185 million have been sold .
    1979 - Susan B. Anthony, an activist for the cause of women's suffrage, was commemorated on a U.S. coin, the Susan B. Anthony dollar. The coin, roughly the size of a quarter, was confused by many with the quarter and the U.S. Treasury Department eventually stopped producing the Susan B. Anthony dollar.
    1980 - A man from Falmouth ME was struck by lightning restoring his eyesight. The man had been blind and partially deaf since a truck accident in 1971
    1981-Murder by the “Manson Family” of Sharon Tate and three others in Laurel Canyon Calif. Last Friday one of the family applied for parole, but was turned down, as basically they were all given death sentences, which was overturned at the time by the Supreme Court, who ruled “life in prison” without parole. But they keep trying to get out.
    1982---Top Hits
Ebony and Ivory - Paul McCartney with Stevie Wonder
Don't You Want Me - The Human League
Rosanna - Toto
Slow Hand - Conway Twitty
    1985 - Robin Yount of the Milwaukee Brewers got hit #1,800 of his career, leading the ‘Brew Crew' past the Boston Red Sox 5-1.
    1985-“Nick at Night” premiered on TV. The first broadcast of Nick at Nite, the creation of the kids network Nickelodeon, occurred. Owned and operated by MTV Networks, Nick at Nite presents many of the old classic television series, including “Barney Miller.”
    1987- The Grateful Dead's "In The Dark" LP is released.
    1987--Fleetwood Mac's "Tango" LP is certified platinum while Van Halen's "1984" and ZZ Top's "Eliminator" reach sales of 6 million. .
    1988 - Thunderstorms drenched north central Texas with torrential rains, with more than 14 inches reported in Commanche County. Afternoon thunderstorm in New Jersey and Pennsylvania produced wind gusts to 70 mph.
    1989 - Thunderstorms developing during the afternoon over the Southern Plains Region produced severe weather through the evening and the night, spawning nine tornadoes. Thunderstorms produced wind gusts to 80 mph at Alpine TX, and baseball size hail at Balmorhea, TX, Fluvanna, TX, and in Borden County, TX.
    1990---Top Hits
Step By Step - New Kids on the Block
Do You Remember? - Phil Collins
I'll Be Your Shelter - Taylor Dayne
Love Without End, Amen - George Stra
    1991-“Court TV” premiered. The continuing evolution of entertainment brought on by the advent of cable television added another twist with the debut of Court TV. Trials are broadcast in their entirety, with occasional commentary from the channel's anchor desk and switching between several trials in progress. Trials with immense popular interest such as the William Kennedy Smith rape trial, the sentencing hearing of Marlon Brando's son and the Jeffrey Dahmer and O.J.Simpson trials, are broadcast along with more low-profile cases.
    1998 - Singer/actress/movie star Barbara Streisand and actor/director James Brolin were married at her Malibu, California home. It was her second marriage (she was previously married to actor Elliot Gould) and his third (he was married to casting agent Jane Agee and actress Jan Smithers). The couple honeymooned on a boat in the nearby Channel Islands off the Santa Barbara coast.
    2000- On the country's 133rd birthday, a Canada Day pitching match up features a pair of Canadian starters in Montreal as Marlin Ryan Dempster, a native of British Columbia defeats Mike Johnson of Edmonton and the Expos, 6-5.

I saw Springsteen leap
from a speaker twice his height,
land on thick-heeled biker boots in mid-song,
rained on by his own sweat,
the guitar's thunder,
the packed house, the roar,
just a good journeyman nothing more
is what he said...

I saw Pete at forty plus
take middle-aged flight,
chest plowing packed clay,
an ungloved hand grabbing for third,
dusting off the late tag,
just a good journeyman the look said
as he turned toward home plate, undenied...

Written by Tim Peeler
in “Touching All the Bases,”
Poems from Baseball
Published by McFarland and Company