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Wednesday, March 1, 2023

Today's Leasing News Headlines

Proposed Regulations Will Expand
 Calif. Consumer Financial Protection Law
    By Marshall Goldberg, Esq.
The Top Four Leasing/Finance Funder Websites
    In North America
New Hires/Promotions in the Leasing Business
    and Related Industries
Leasing and Finance Industry Help Wanted
    Sales. Accounting/Credit, Funding, IT
Be Vigilant
    Sales Makes it Happen by Scott Wheeler, CLFP
Introducing Leasing News Advisor
    Hugh Swandel
Mike Bruman Promoted to CEO
    of Navitas Credit Corp.
ELFA Report Forecasts Equipment Markets
    for 2023
Anatolian Shepherd Mix
    Dallas, Texas  Adopt-a--Dog
FDIC-Insured Institutions Reported Net Income of
     $68.4 Billion in Fourth Quarter 2022
News Briefs ---
Attorneys Fight Over Last Chance to
   Examine Norfolk Southern Derailment Site
Tesla pauses new Full Self-Driving
    beta installations until recall is addressed
Mexican president says Tesla
     to build plant in Mexico
Rivian Lost $6.8 Billion Last Year
    as Production Fell Short

You May Have Missed
What Layoffs? Many Employers Are
    Eager to Hang On to Workers

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
Sales Make It Happen

 This Day in History
   Daily Puzzle
     Weather, USA or specific area
      Traffic Live----

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


 Proposed Regulations Will Expand
Calif. Consumer Financial Protection Law
By Marshall Goldberg, Esq.

Now that December 9, 2022 has passed for financial institutions to implement procedures to comply with new California Disclosure Laws, the next hurdle on the horizon may be to comply with the new proposed regulations under the California Consumer Financial Protection Law (CCFPL), should they be adopted by the California Department of Financial Protection and Innovation (“DFPI”).  Within only a couple of weeks after the effective date of the new Disclosure Laws, the DFPI issued proposed Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) and annual reporting regulations, with a comment period to expire on March 13, 2023. The regulations provide for enforcement authority to prevent unfair, deceptive, or abusive acts or practices in connection with any transaction with a consumer for a consumer financial product or service, or the offering of a consumer financial product or service.  Under the proposed regulations, the meaning of “consumer” is greatly expanded.  A covered consumer includes a small business, nonprofit, or family farm whose activities are principally directed or managed from California. 

The DFPI powers to create these regulations arises from the CCFPL, passed on August 31, 2020.  The CCFPL gives the DFPI rulemaking authority to implement, interpret, and make specific its provisions reflecting Governor Newsom’s vision of a much more powerful banking agency with new registration authority and UDAAP authority mirroring the authority of the US Government Consumer Financial Protection Agency.  The proposed regulations would require impacted businesses to report information that they may not currently collect from commercial customers, such as gross annual revenue.

For the purpose of determining whether activities are “principally directed or managed from California” the provider may rely on any relevant written representation by the small business, nonprofit, or family farm, including a business address provided in any application or agreement for commercial financing or other financial product or service.

Here is what you need to know.

  • The CCFPL does NOT apply to any entity licensed as a finance lender, broker, program administrator, or mortgage loan originator. 
  • The CCFPL does NOT apply to a bank, bank holding company, trust company, savings and loan association, savings and loan holding company, credit union, or an organization subject to oversight of the Farm Credit Administration, when acting under the authority of a license, certificate, or charter under federal law or the laws of another state.  The CCPL is silent as to subsidiaries of these organizations. 
  • Covered commercial financing transactions under the regulations means accounts receivable purchase transaction, including factoring, asset-based lending transaction, commercial loan, commercial open-end credit plan, or lease financing transaction intended by the recipient for use primarily for other than personal, family, or household purpose.  Some of these are not subject to licensing and therefore would be covered by the regulations.
  • “Small business” means a business entity organized for profit with annual gross receipts of no more than $16,000,000 or the annual gross receipt level as biennially adjusted by the Department of General Services in accordance with Government Code section 14837, subdivision (d)(3), whichever is greater. For the purpose of determining a business entity’s annual gross receipts, a covered provider may rely on any relevant written representation by the business entity, including information provided in any application or agreement for commercial financing or other financial product or service.

Marshall Goldberg
Glass & Goldberg, A Law Corporation
22917 Burbank Blvd.
Woodland Hills, CA 91367-4203
(818) 474-1532 Direct
(818) 888-2220 Main
(818) 888-2229 Facsimile


The Top Four Leasing/Finance Funder Websites
In North America

United States website ratings down from six from January: Crestmark became and TimePayment now has several specific email addresses.

It should be noted bank-owned subsidiaries often are in the bank internet listing therefore, there are not counted, and brokers and super brokers are not included.

Note: Visiting the sites can give those in the industry the view of the website, but not their marketing ability to receive so many visitors. Information about the company with what they offer is noted below the ratings and might give an inroad to their marketing.


National Funding
Information on company being updated

Balboa Capital

Amur Finance


New Hires/Promotions in the Leasing Business
and Related Industries

Robert Fanelle was hired as Sales Consultant, Quality Equipment Finance, Carmel, Indiana. He is located in Clementon, New Jersey. Previously, he was Broker Relationship Manager, North Mill Equipment Finance, LLC (August, 2020 –February, 2023); Business Development Manager, Marlin Capital Solutions (2015 – August, 2020); Inside Sales/Account Executive, Siemens Financial Services (November, 2014 – August, 2015); Branch Manager, Vice President, PNC Bank, N.A. (September, 2012 – October, 2014). Full Bio:

Brandy Geiszler was promoted AVP, Brand Manager, Ascentium Capital, Kingwood, Texas. She is located in Vail, Arizona. Previously, she was Senior Marketing Specialist (April, 2014 – February, 2023). She began her career at U.S. Bank, starting May, 2003, Marketing Coordinator, promoted January, 2008, Marketing Specialist, promoted January, 2012, Senior Marketing Communications/Project Manager (January, 3013).

Ceclie Latouche was announced Chief Risk Officer, 36th Street Capital Partners, LLC, Morristown, New Jersey.  LinkedIn notes she received this position August, 2022, and resides in New York, New York. Previously, she was Principal, Atalaya Capital Management, September, 2020 to August, 2022; Prior, she was at Sterling National Bank, SVP, Senior Segment Credit Officer, Equipment Finance (December, 2019 – September, 2020); SVP, Credit and Risk Director, Sumitomo Mitsui Financial and Leasing Company, Limited (January, 2018 – December, 2019); Director, Societe Generale Equipment Finance, SGEF (January, 2008 – December, 2017).

Hannah Macaluso was promoted to Creative Marketing Manager, Ascentium Capital, Kingwood, Texas.  She is located in Spring, Texas. She joined Ascentium July, 2012, as Marketing Specialist. Full Bio:

Kathy Nordendahl, CLFP, was hired as Vice President, Sales Third Party Relationships, Dext Capital, Oswego, Oregon. She is located in Castro Valley, California. Previously, she was 3rd Party Originations Manager, Dedicated Funding, LLC.; Title Administrator, Bank of the West Leasing (January, 1998 – June, 2017).



Leasing and Finance Industry Help Wanted


Be Vigilant

Originators in the commercial equipment finance and leasing industry are the eyes and ears of the industry - the front line defense against unscrupulous activities. I have written many times on this topic and, once again, it is necessary to remind originators that there are always unscrupulous actors who try to take advantage of finance and leasing participants that are providing efficient access of capital to businesses. When the economy encounters new challenges, originators must take extra care to detect and avoid fraudulent activities. The following suggestions are provided after reviewing a few recent cases of fraudulent transactions.

Follow your gut. If something doesn't feel right, probe deeper - ask more questions. Share your thoughts internally with others (especially the credit department) to confirm or dismiss your concerns.

If a transaction requires cutting operational corners - be cautious. Policies and procedures were created for a purpose and work-arounds invite fraud. (Complete that site inspection, don't waive that guarantor's signature so quickly, and make sure all the documents are properly executed and complete.)

If a relationship is too good to be true, or developed too quickly, or suddenly landed on your desk without any effort - then be careful. The best relationships are earned, not free gifts that fall from the sky.

Many of the most sophisticated frauds include a vendor salesperson and end-user working together to commit fraud against an unsuspecting originator. Be cautious of a single salesperson that insists that you not speak to anyone else within the vendor operation or an employee of a large end-user that insists you not contact anyone else within his company.

The good news is that the vast majority (99%) of people are honest and attempting to fund legitimate transactions. However, it only takes one fraudulent transaction to create havoc throughout any organization. (Ex: one fraudulent vendor relationship erased more than half of a company's annual projected profitability and required significant internal resources to be reallocated to minimize the loss.)

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

Wheeler Business Consulting is working with individual originators and sales teams throughout the industry to ensure that they are well positioned in the market, capturing their fair share of business, and outperforming the competition. To schedule a one-on-one meeting contact Scott Wheeler at:

Sales Makes it Happen articles:


Leasing News Advisor
Hugh Swandel

Hugh Swandel has been active in the commercial equipment finance industry for 30 years in a variety of roles. Since Mr. Swandel has been the President of Meridian OneCap Commercial Credit (MOCC). MOCC is a market leader in the Canadian equipment financing sector with offices across Canada.  Previously Hugh was the Senior Managing Director of The Alta Group in Canada and worked for clients in both United States and Canada. The Alta Group is a global consultancy practice specializing in the asset-based finance industry.  Hugh has assisted many top foreign and domestic firms on a variety of projects including market entry studies, acquisitions, due diligence, funding and strategic planning.
Hugh serves on the executive of the board of directors of the Canadian Finance and Leasing Association (CFLA), is Chairman of the CFLA research committee, and is the past President of the National Equipment Financing Association (NEFA, USA). He also is a member of the Equipment Leasing and Finance Association of America (ELFA). He has reported on many events and conferences for Leasing News and is an active participant on the Advisory Board.

In 2006, 2010 and in 2018, Hugh received the Canadian leasing industry’s highest honor when he was named “Canadian Finance and Leasing Association Member of the Year.”

During the Global Credit Crisis, Hugh was retained by the Canadian Finance and Leasing Industry to prepare materials and provide insight into the impact of the credit crisis on Canadian independent finance companies. Mr. Swandel presented to the advisory committee to the Minister of Finance and was later asked to provide commentary to the CD Howe Institute at a policy development discussion with government and industry representatives. Hugh is currently part of the C.D. Howe Institute SME working group.

Mr. Swandel has also been published in numerous industry magazines and co-authored a research document for the Equipment Leasing and Finance Foundation (U.S.A.) on the Canadian Commercial Equipment Finance Market.

Mr. Swandel is an active fundraiser; co-founder and past trustee of the Chris Walker Education Fund – an equipment finance industry charity dedicated to furthering research and education in memory of Chris Walker. In addition to supporting industry research, Mr. Swandel and have also operated annual fundraising concerts in support of Post-Traumatic Stress Charities in memory of RCMP officer and family friend Ken Barker.

Prior to founding his consulting firm, Swandel and Associates, in 2001, Hugh served as president and chief operations officer of Electronic Financial Group (EFG). EFG was a Canadian company that launched a multi lending web-based credit system. Earlier, Hugh spent 10 years with National Leasing Group in a variety of senior positions. National Leasing Group is a Canadian lessor that has won numerous awards for excellence in management and innovation.


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

Mike Bruman Promoted to CEO
of Navitas Credit Corp.

United Community Banks, Inc. (NASDAQ: UCBI) ("United") and its wholly-owned subsidiary, Navitas Credit Corp., an industry leader in equipment financing, today announced the promotion of Mike Bruman, to CEO effective March 1, 2023. Mr. Bruman succeeds Navitas founder and CEO Gary Shivers.

Bruman joined Navitas in 2010 as Chief Credit Officer, leading the company’s multiple credit divisions. In 2022, he was promoted to Senior Vice President and Chief Operating Officer. He was responsible for managing the senior leadership team, which is comprised of all the key functional areas of the organization.  Over the past year, under his leadership, Navitas has continued to experience record growth. The company is currently managing over 1.3 billion in assets and is nearing $1 billion in originations, making Navitas one of the top-recognized equipment financing companies in the country.  In February 2018, Navitas was acquired by United Community Banks, Inc., one of the largest full-service financial institutions in the Southeast.

Prior to joining Navitas, Bruman’s 30-year-plus career in equipment finance began as a Manager of Credit and Funding Operations with Sequa Credit Corp., a small ticket equipment leasing company. He then joined AT&T Capital as a Credit Manager for the Northeast Region. In 1995, he moved to Copelco Capital to support credit in their major accounts and new technology division. In 1999, he accepted a position with CIT’s Vendor and Finance Group as Credit Officer to assist in the launch of their newly formed division.  During his tenure at CIT, he was instrumental in helping grow the business into a multi-billion-dollar platform.

Bruman said, “I am beyond excited to take on this new role. Gary Shivers was the reason I initially joined Navitas.  His strategy for the company was in lockstep with what I believed a successful small ticket leasing company should be. It is as basic as continuing to invest in your people, keep innovating, and never forgetting to deliver the highest level of customer service. These are the catalysts that drive our success.

“Navitas has done an incredible job of delivering on these core beliefs, and to keep the company growing and managing ever-changing market conditions, I plan to stay true to this vision. I look forward to building on Gary’s legacy and leading this company to even higher levels of success.”

Lynn Harton, CEO of United Community Bank, said, “Working with Mike over the last several years gives the bank and me the utmost confidence that he is the ideal choice to take the reins from Gary. Over the past year as COO, he clearly demonstrated that he understands how to manage risk and maximize growth.

“As a key contributor to the company’s culture, Mike is uniquely qualified to take on his new CEO role. I’m looking forward to seeing Mike lead Navitas in its next chapter of success”

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


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

ELFA Report Forecasts Equipment Markets
for 2023

Washington, DC — What are the hottest equipment markets of 2023? The 33rd annual "What’s Hot/What’s Not: Equipment Market Forecast 2023” from the Equipment Leasing and Finance Association (ELFA) reveals industry perceptions of 15 equipment markets based on a survey of 130 ELFA members. The survey results point to construction, machine tools, medical, trucks/trailers and hi-tech/computers as the leading sectors for the year ahead, according to portfolio preference.

“What’s Hot/What’s Not: Equipment Market Forecast 2023,”authored by Carl Chrappa of The Alta Group, is designed to assist equipment finance organizations in identifying business opportunities for future success. The results of the 2023 Forecast Survey reveal the following overall ranking of equipment types for portfolio preference among ELFA members. These rankings are based on the amount of future financing volume (unweighted) and the best and least favorable future equipment financing opportunities (weighted).Construction. Machine Tools

  1. Tie: Medical, Trucks/Trailers
  2. Hi-tech/Computers
  3. Marine/Intercostal
  4. Plastics
  5. Tie: Aircraft, Containers/Chassis
  6. Rail
  7. Oil/Gas/Energy
  8. Automobiles
  9. Tie: FF&E,
  10. Telecom
  11. Printing

Access the Results
Visit the ELFA Knowledge Hub at
to access the “What’s Hot/What’s Not” results, including:

  • The full report, including an analysis of the rankings
  • An infographic with key takeaways from the report

About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 580 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. ELFA has been equipping business for success for more than 60 years. For more information, please visit

Follow ELFA:
Twitter: @ELFAonline

ELFA’s Knowledge Hub is the premier source for statistics and analyses concerning the equipment finance sector. Please visit for additional information.

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


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Dallas, Texas  Adopt-a--Dog


8 months
52 lbs.
Fee: $75
Dallas Animal Care Center
Ideal Home
Kids under 12 okay
Other dogs okay


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DREAM HOME: I'm not too picky! Just a cozy home with some love and patience so I can build a little confidence.

 SPCA of Dallas, Texas
2400 Lone Star Dr.Dallas, TX 7521


FDIC-Insured Institutions Reported Net Income of
 $68.4 Billion in Fourth Quarter 2022

  • Full-Year 2022 Net Income Was Lower Than in 2021 But Still Higher than the Pre-Pandemic Average
  • Lower Noninterest Income and Higher Provisions Drove a Modest Decline in Net Income Quarter Over Quarter
  • The Net Interest Margin Widened for the Third Consecutive Quarter
  • Unrealized Losses on Securities Declined Quarter Over Quarter but Remain Elevated
  • Broad Based Loan Growth Continued in the Fourth Quarter
  • Asset Quality Metrics Remained Favorable Despite Modest Deterioration
  • Community Banks Reported Increased Net Income Quarter Over Quarter

FDIC Acting Chairman Martin J. Gruenberg, stated:

“”Key banking industry metrics remain favorable at this time.  Loan growth continued, net interest income grew, and asset quality measures remained favorable.  Further, the industry remains well-capitalized and highly liquid.

“However, the banking industry continues to face significant downside risks from inflation, rising market interest rates, and geopolitical uncertainty that could hurt bank profitability, weaken credit quality and capital, and limit loan and deposit growth.  These risks will be matters of continued supervisory attention by the FDIC over the coming year.”



WASHINGTON— Reports from 4,706 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reflect aggregate net income of $68.4 billion in fourth quarter 2022, a decrease of $3.3 billion (4.6 percent) from the third quarter. Lower noninterest income and higher provision expenses offset an increase in net interest income.

Net Income Lower Than in 2021, but Still Higher than the Pre-Pandemic Average: The banking industry reported full-year 2022 net income well above the pre-pandemic average but lower than full-year 2021 net income.[1] Net income in 2022 was $263.0 billion, down $16.1 billion (5.8 percent) from 2021. The decrease was primarily attributable to higher provision expenses that offset an increase in net interest income. The aggregate return-on-assets ratio (ROA) decreased from 1.23 percent in 2021 to 1.12 percent in 2022.

Community Bank Net Income Was Nearly Unchanged From the Prior Quarter, But Rose From a Year Ago: Community bank quarterly net income for the 4,258 community banks grew by $33.0 million (0.4 percent) from one quarter ago to $8.3 billion in fourth quarter 2022. Higher net interest income and lower losses on securities were offset by increases in noninterest expense and provisions for credit losses. Forty-seven percent of community banks reported higher net income from last quarter. Fourth quarter net income increased $1.1 billion (14.8 percent) from the year-ago quarter as higher net interest income more than offset lower noninterest income and higher noninterest expense.

Seventy-one percent of community banks reported higher net income than one year ago. The community bank pretax ROA declined two basis points from one quarter ago to 1.49 percent as asset growth exceeded net income growth.

 The Reserve Ratio for the Deposit Insurance Fund Rose One Basis Point to 1.27 Percent:

The Deposit Insurance Fund (DIF) balance was $128.2 billion on December 31, 2022, up $2.8 billion from the end of the third quarter.  The reserve ratio increased by one basis point to 1.27 percent as insured deposits increased 1.4 percent.

Merger Activity Continued in the Fourth Quarter: Thirty-six institutions merged, three new banks opened, and no banks failed in fourth quarter 2022.



News Briefs---

Attorneys Fight Over Last Chance to
   Examine Norfolk Southern Derailment Site

Tesla pauses new Full Self-Driving
beta installations until recall is addressed

Mexican president says Tesla
     to build plant in Mexico

Rivian Lost $6.8 Billion Last Year
as Production Fell Short


You May Have Missed---

What Layoffs? Many Employers Are
    Eager to Hang On to Workers.


This Day in American History

1493 - Martin Alonzo Pinzon (1440-1493), Spanish shipbuilder and navigator and co-owner of the Nina and the Pinta, accompanied Christopher Columbus on his first voyage, as commander of the Pinta. Storms separated the ships on their return voyage, and the Pinta first touched land at Bayona, Spain on this day in 1493, where Pinzon gave Europe its first news of the discovery of the New World, before Columbus's landing at Palos.
    1624 - Edward Winslow, governor of the Plymouth Colony in Massachusetts, received cattle imported from Dover, England. Cows, were raised principally for their hides; secondly, for meat; and only very incidentally for their milk.
    1633 – Samuel de Champlain reclaimed his role as commander of New France in North America on behalf of Cardinal Richelieu. New France is generally considered most of eastern Canada, the Maritime Provinces and the US states of Vermont New Hampshire and Maine.
    1638 - The Dutch colonial administrator Peter Minuit arrived at the “Rockes” on Christina River, the future site of Wilmington, DE.  He built Fort Christina, named in honor of the Swedish queen.  He arrived in two Dutch vessels, “Lamar Nyckel” and “Vogel Grip,” with Jan Hendricksen van de Waeter as skipper.  Minuit, who was later to establish Patroons and grants of settlement in New York, led an expedition that sailed from Gothenburg, Sweden on November 20, 1637.  Another settlement, New Sweden, was built on the Delaware River, near the present site of Trenton, NJ.
    1639 - The first document known to have been printed in America was the “Oath of a Free Man,” by Stephen Day Press, Cambridge, MA. It was a one-page sheet that read: “I doe solemnly bind myself in the sight of God, that when I shall be called to give my voice touching any subject of this State, in which Freemen are to deal, I will give my vote and suffrage as I shall judge in mind own conscience may best donce and ten to the publick weal of the body, without respect of persons, or favour of any man.”
    1642 - Georgeana (York), Maine, became the first colonial city to incorporate.
    1692 - Sarah Good, Sarah Osborne and Tituba were brought before local magistrates in Massachusetts, the Salem Witch trails began, and the “witches” were put to death.
    1713 - The siege and destruction of Fort Neoheroka began during the Tuscarora War in North Carolina, effectively opening up the colony's interior to European colonization.  A stronghold constructed in what is now Greene County by the Tuscarora tribe was attacked by a colonial force consisting of an army from the neighboring South Carolina, under the command of Colonel James Moore, and made up mainly of Indians.  Hundreds of men, women and children were burned to death in a fire that destroyed the fort. Approximately 170 more were killed outside the fort while approximately 400 were taken to South Carolina where they were sold into slavery.
    1776 – The first independent government was formed in Charleston, SC. John Rutledge was elected president, Henry Laurens vice president, and William Henry Drayton as chief justice. An army and navy were created, a privy council and an assembly were elected, and the issue of $600,000 of paper money and coins were authorized.
    1780 – Pennsylvania became the first U.S. state to abolish slavery (for newborns only). It was followed by Connecticut and Rhode Island in 1784, New York in 1785, and New Jersey in 1786. Massachusetts abolished slavery through a judicial decision in 1783.
    1781 – This should be the national holiday, as it commemorates the founding of the United States. A compact made among the original 13 states had been adopted by the Congress on Nov 15, 1777 and submitted to the states for ratification two days later. Maryland was the last state to approve, Feb 27, 1781 but Congress named Mar 1, 1781 as the day of formal ratification. The Articles of Confederation remained the supreme law of the nation until Mar 4, 1789 when the US Constitution went into effect.
    1790 – The first US Census was authorized.
    1803 – Ohio became the 17th state.  The Buckeye State (nicknamed because of the many buckeye trees, the state tree) with Columbus as its capital city, seems to have a penchant for the color red. Its state bird is the cardinal; the scarlet carnation is its flower; the state insect is the ladybug; and the state drink is tomato juice. The state song is “Beautiful Ohio.”  The word, Ohio, is derived from the Iroquois Indian word meaning ‘great river.’ The Ohio River is not as great as the Mississippi, but it is pretty big! Ohio’s state motto: With God, all things are possible.”
    1810 – Georgetown College was chartered in Washington, D.C., making it the first Roman Catholic institution of higher learning established in the United States.
    1836 - A convention of delegates from 57 Texas communities convened in Washington-on-the-Brazos to deliberate independence from Mexico. Known as "the birthplace of Texas" because it was here that the delegates formally announced Texas' intention to separate from Mexico and to draft the constitution of the new Republic of Texas. They organized an interim government to serve until a government could be elected and inaugurated.  They later signed the Texas Declaration of Independence.  During this time, the Battle of the Alamo was entering its final days of a 13-day siege.
    1845 – President Tyler signs a resolution annexing the Republic of Texas
    1864 – Rebecca Lee, received the first formal M. D. degree in the U.S. ever given an African-American woman, from the New England Female Medical College in Boston.  Lee received degree 16 years after Elizabeth Blackwell fought her way into the all-male medical establishment. Blackwell then established other women’s medical institutions.
    1864 – Believing the Confederate capital of Richmond, Virginia to be lightly fortified, President Abraham Lincoln ordered a surprise raid to capture the city and free Union prisoners. Federal troops under General Judson Kilpatrick and Colonel Ulric Dahlgren led the attack but failed when the plan was discovered by Southern forces in the wake of their retreat. Dahlgren was killed and two documents were discovered on his body. The incriminating documents contained plans to burn the city and kill Confederate President Jefferson Davis and his cabinet. Confederate General Robert E. Lee complained to the Union commander, George Meade, which infuriated President Lincoln. War historians have labeled Meade “incompetent,” whose indecision cost the Union many lives. As a side note, President Lincoln on March 10th appointed Ulysses S. Grant general in chief, replacing Henry W. Halleck, who systemically began replacing officers who seemed to be composed on “high society” appointments.
    1867 – Nebraska became the 37th state. The Cornhusker State, aka the Beef State, aka the Tree Planter State, Nebraska means ‘flat water’ in Oto Indian speak. Lincoln is the official seat of Nebraska government. Nebraska’s motto: Equality before the law. The western meadowlark holds the honor of being the state bird while the goldenrod takes its place as the state flower. Other state symbols include the cottonwood tree (state tree); the honeybee (state insect); blue agate (state gemstone); whitetail deer (state mammal); mammoth (state fossil); prairie agate (state rock); “Beautiful Nebraska” (state song).
    1867 – Howard University was charted.  Shortly after the end of the Civil War, members of The First Congregational Society of Washington considered establishing a theological seminary for the education of black clergymen. Within a few weeks, the project expanded to include a provision for establishing a university. Within two years, the University consisted of the Colleges of Liberal Arts and Medicine. The new institution was named for General Oliver Otis Howard, a Civil War hero, who was both the founder of the University and, at the time, Commissioner of the Freedman’s Bureau. Howard later served as President of the University from 1869 to 1874.  Congress chartered Howard and much of its early funding came from endowment, private benefaction, and tuition. In its first five years of operation, Howard University educated over 150,000 freed slaves.  From its outset Howard, has been nonsectarian and open to people of all sexes and races. It offers undergraduate, graduate, and professional degrees in more than 120 programs, more than any other HBCU in the nation.  It is a private, federally chartered historically Black research university in Washington, DC.
    1872 - Yellowstone National Park was established. The first area in the world to be designated a national park, most of Yellowstone is in Wyoming, with small sections in Montana and Idaho. It was established by an act of Congress.
    1874 - Lawn tennis was introduced by Mary Ewing Outerbridge, who imported rackets and other equipment from Bermuda. A court was laid out at the Staten Island Cricket and Baseball Club, New Brighton, NY to which Miss Outerbridge's family belonged. The first players were members of the family. Within seven years, tennis had become popular and on May 21, 1881, Eugenius H. Outerbridge, Mary Outerbridge's brother, organized the United States Lawn Tennis Association, to which 33 tennis clubs sent delegates.
    1875 - Congress passed a Civil Rights Act that would be invalidated by the Supreme Court in 1883.
    1887 - In preparation for the upcoming National Colored Base Ball League season, the Louisville Falls City signed Al Prater from Detroit and W.S. Purnsley from the Cuban Giants. In addition, they have recently started construction of a 2,000-seat park.
    1890 – The first U.S. edition of Sherlock Holmes, “Study in Scarlet,” was published.
    1903 - Baseball Rules Committee chairman Tom Loftus of the Washington Senators ruled that the pitcher’s mound must not be more than 15 inches higher than the baselines or home plate.
    1904 - Birthday of Glenn Miller (d. 1944) was born Alton Glenn Miller at Clarinda, IA.  American bandleader and composer. He enjoyed great popularity preceding and during World War II. His hit recordings included "Moonlight Serenade," "String of Pearls," "Jersey Bounce" and "Sleepy Lagoon." Major Miller, leader of the US Army Air Force band, disappeared Dec 15, 1944 over the English Channel on a flight to Paris where he was scheduled to give a show. There were many explanations of his disappearance, but 41 years later, in December, 1985, crew members of an aborted RAF bombing said they believed they had seen Miller's plane go down, the victim of bombs being jettisoned by the RAF over the English Channel. Singer Nick Hilscher leads the band that has continued Miller’s music and performs globally.
    1909 - The Pittsburgh Pirates began construction of their new stadium near Schenley Park near the Oakland section of the city. The state-of-the-art stadium was named Forbes Field in honor of John Forbes, a pre-Revolutionary British general.  Forbes Field served as the Pirates’ home stadium until 1970 when it was replaced by Three Rivers Stadium.  Forbes was the scene of Bill Mazeroski’s World Series-winning homer in 1960 and, in 1935, of Babe Ruth’s’ final three home runs, one of which was the only one to ever be hit out of the stadium.
    1910 - The deadliest avalanche of record in the U.S. thundered down the mountains near Wellington Station, WA, sweeping three huge locomotives and some passenger cars, snowbound on the grade leading to Stevens Pass, over the side and into a canyon, and burying them under tons of snow. The avalanche claimed the lives of more than 100 people. The station house at Wellington was also swept away.
    1912 - Isabella Goodwin becomes the first woman detective with the New York City police department.
    1914 - Ralph Ellison (d. 1994), American writer and educator, born at Oklahoma City, OK. Author of the acclaimed novel “Invisible Man”(1952), the story of a young black man's struggle for his own identity in the face of rejection from both whites and blacks. Quickly recognized as a classic of 20th-century literature, it won the National Book Award in 1953. While only one of his novels was published, Ellison published collections of his essays, reviews and stories in “Shadow and Act”(1964) and “Going to the Territory”(1986).
    1914 – Harry Caray was born Harry Christopher Carabina (d. 1998) in St. Louis.  Orphaned as a boy, Caray had a difficult upbringing in The Hill section of St. Louis, the same neighborhood that spawned Yogi Berra and Joe Garagiola.  His early broadcasting career was for the Cardinals, A’s and White Sox but he gained worldwide fame as the voice of the Chicago Cubs beginning in 1982 after Jack Brickhouse retired.  In 1987, a stroke ended Caray's 42-year streak of not missing a game. While preparing for his 54th season in 1998, Caray suffered a stroke on Valentine's Day. In a coma, he passed away two days later.
    1917 - American radio and television personality Dinah Shore (d. 1994) was born Frances Rose Shore at Winchester, TN. In addition to recording many hit songs in the 1930s and 1940s, she was one of the first women to be successful as a television host, beginning in the 1950s with the "Dinah Shore Chevy Show." She received 10 Emmys.
    1922 - Birthday of William M Gaines (d. 1992) in The Bronx. “Mad” magazine, especially popular in the 1960s and 1970s, was founded and published by William Gaines. Alfred E. Neuman, the loony, freckle-faced mascot of the publication, became a pop-culture hero…”What? Me, worry?” The magazine, known for its parodies of movies, comic strips and celebrities as well as its satire of politics and social mores, greatly influenced dozens of humorists.
    1923 - The first tenant moved into a shopping center as we know it today, designed for cars. It was the Country Club Plaza, Kansas City, MO, built by Jesse Clyde Nichols. The center occupied 40 acres and had 150 stores, a 2,000 seat auditorium, and a parking lot for 5,500 automobiles.
    1927 - Harry Belafonte birthday, born Harold George Bellanfanti Jr., Harlem, NYC.  Singer, songwriter, actor, and social activist, he is one of the most successful African-American pop stars in history.  He was dubbed the "King of Calypso" for popularizing the Caribbean musical style with an international audience in the 1950s.  Belafonte was an early supporter of the Civil Rights Movement in the 1950s and 1960s, and was one of Martin Luther King Jr's confidants. Throughout his career he has been an advocate for political and humanitarian causes. Since 1987, he has been a UNICEF Goodwill Ambassador. In recent years he has been a vocal critic of the policies of both the Bush and Obama presidential administrations. Harry Belafonte now acts as the ACLU celebrity ambassador for juvenile justice issues.
    1928 - Paul Whiteman and his orchestra recorded “Ol’ Man River” for Victor Records. The featured vocalist on the track was 29-year-old Paul Robeson.  The song became an American classic.
    1930 - Birthday of Benny Powell (d. 2010), New Orleans.  Jazz musician, trombone with the Ernie Fields band, Lionel Hampton, Count Basie veteran.
    1932 - Charles Augustus Lindbergh Jr., 20-month-old son of aviators Charles Lindbergh and Anne Morrow Lindbergh, was abducted from the crib in the upper floor of the Lindberghs' home in East Amwell, NJ.   On May 12, the child's corpse  was discovered by a truck driver by the side of a nearby road.  In September 1934, a German immigrant carpenter named Bruno R. Hauptmann was arrested for the crime. After a trial that lasted from January 2 to February 13, 1935, he was found guilty of first-degree murder and sentenced to death. Despite his conviction, he continued to profess his innocence, but all appeals failed and he was executed at the New Jersey State Prison on April 3, 1936.   Legal scholars have referred to the trial as one of the “trials of the century.”  The crime spurred Congress to pass the Federal Kidnapping Act, commonly called the "Little Lindbergh Law", which made transporting a kidnapping victim across state lines a federal crime. 
    1933 - Bank holidays were declared in six states, effectively preventing runs on bank assets by worried depositors. By March 4, bank panics reached their greatest intensity. At 4:30am, Gov. Herbert H. Lehman of New York declared a state bank holiday; Gov. Henry Honer of Illinois immediately followed suit.
    1934 - Primo Carnera beats Tommy Loughran in 15 for heavyweight boxing title
    1941 - FM Radio began in the U.S. when station W47NV in Nashville, TN started operations. W47NV was the first commercial FM radio station to receive a license, some 20 years after its AM radio counterpart, KDKA in Pittsburgh. FM stands for ‘frequency modulation´ as opposed to ‘amplitude modulation.’
    1947 - In anticipation of signing the team's first black players, Bill Veeck set up a spring training site for his Cleveland Indians near his home in Phoenix. Arizona was chosen because of its relatively tolerant racial climate. During the season, Veeck signed the American League’s first black player, Larry Doby, who trained at that camp.
    1948 - Top Hits
“Now is the Hour” - Bing Crosby
“I'm Looking Over a Four Leaf Clover” - The Art Moonie Orchestra
“Ballerina” - Vaughn Monroe
“I'll Hold You in My Heart” (“Till I Can Hold You in My Arms”) - Eddy Arnold
    1950 - The FBI issued their first “Ten Most Wanted.” It was originally a publicity stunt but two men were caught within the month, based on tips from the public.
    1952 - Sam Phillips launches Sun Records by releasing "Drivin' Slow" by 16-year-old saxophonist Johnny London.
    1954 - Ted Williams fractures collarbone in the first game of spring training after flying 39 combat missions and crash-landing his jet without injury in Korean War.  In his first game back from the war, in 1953, Williams popped a home run. 
    1954 - US explodes 15 megaton hydrogen bomb at Bikini Atoll.  Detonation of "Bravo," 1,000 times more powerful than the Hiroshima and Nagasaki weapons, vaporized three islands, displaced the islanders and caused long lasting contamination.
    1955 - The Four Lads record their long-standing hit "Standing On The Corner."   It peaked at #3 on each of the various charts at the time: the Disk Jockey chart, the Best Seller chart, the Juke Box chart, as well as the composite chart of the top 100 songs.
    1956 - Top Hits
“Lisbon Antigua” - Nelson Riddle
“The Poor People of Paris” - Les Baxter
“Why Do Fools Fall in Love” - Frankie Lymon & The Teenagers
“I Forgot to Remember to Forget” - Elvis Presley
    1957 - Although nearly 30 other artists turned the song down, the Everly Brothers record "Bye Bye Love," a teen-age love song that was written by 37-year-old Boudleaux Bryant and his 31-year-old wife, Felice.
    1957 - Chuck Berry releases "School Days"
    1958 - Johnny Mathis, “Johnny's Greatest Hits” is released. 
    1958 - New Orleans mayor DeLesseps "Chep" Morrison, noting Elvis Presley's arrival in town to begin filming his movie King Creole, officially declares today "Elvis Presley Day" in the city.
    1961 - Official establishment of the Peace Corps by President John F. Kennedy's signing of executive order. The Peace Corps has sent more than 153,000 volunteers to 134 countries to help people help themselves. The volunteers assist in projects such as health, education, water sanitation, agriculture, nutrition and forestry. For info: Peace Corps, 1111 20th St NW, Washington, DC 20526. 
Web: .
    1962 - Gerry and The Pacemakers release their first British single, "How Do You Do It," which will go on to top the UK chart the following April. The song had been turned down by Adam Faith and although The Beatles had recorded it, they declined to release their version.
    1963 - Filming begins in Hollywood for Elvis Presley's 13th film, “Fun in Acapulco.” 
    1964 - Top Hits
“I Want to Hold Your Hand” - The Beatles
“She Loves You” - The Beatles
“Dawn” (“Go Away”) - The Four Seasons
“Begging to You” - Marty Robbins
    1965 - Petula Clark's first U.S. hit, "Downtown," is awarded a gold record.
    1967 - Black Congressman Adam Clayton Powell is stripped of his House seat for "gross misconduct." Ralph Bunche later commented: "...if Adam Clayton Powell were white, he would have his seat today." (Re-elected without campaigning, April 11.)
    1967 - The Beatles record "A Day In The Life," "Lucy In The Sky With Diamonds."
    1967 – MLB Commissioner William Eckert approved the Baseball Writers Association of America's plan to select a Cy Young Award recipient from both the National and American Leagues.  The honor, which was initiated in 1956 and was awarded to the Brooklyn Dodgers’ Don Newcombe, had been given to just one pitcher in the Majors each season, a position strongly supported by former commissioner Ford Frick.
    1968 - Elton John’s first record, “I’ve Been Loving You,” was released by Philips Records in England. Philips, not realizing the potential of the soon-to-be superstar, released him in 1969, just prior to his teaming with lyricist Bernie Taupin. Elton then signed a contract with Uni Records and began to turn out what would become a string of more than 50 hits over the next 25 years.
    1968 - Country music stars Johnny Cash and June Carter got married. Johnny walked down the aisle knowing that his 1956 hit, “Folsom Prison Blues,” was about to be redone for a June release. Cash has a daughter, Rosanne, (previous marriage) who became a country star in her own right in the 1980s.
    1969 - Mickey Mantle announced his retirement from baseball. ‘Number 7' was the final link to the great Yankee dynasty of the 1950s and 1960s. Mantle's World Series records (still) include: home runs (18), runs scored (42), RBIs (40), walks (43) and strikeouts (54). Mickey Mantle died in 1995 from cancer.
    1969 - BRUCE, DANIEL D., Medal of Honor
Rank and organization: Private First Class, U.S. Marine Corps, Headquarters and Service Company, 3d Battalion, 5th Marines, 1st Marine Division. Place and date: Fire Support Base Tomahawk, Quang Nam Province, Republic of Vietnam, 1 March 1969. Entered service at: Chicago, 111. Born: 18 May 1950, Michigan City, Ind. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as a mortar man with Headquarters and Service Company 3d Battalion, against the enemy. Early in the morning Pfc. Bruce was on watch in his night defensive position at fire support base tomahawk when he heard movements ahead of him. An enemy explosive charge was thrown toward his position and he reacted instantly, catching the device and shouting to alert his companions. Realizing the danger to the adjacent position with its 2 occupants, Pfc. Bruce held the device to his body and attempted to carry it from the vicinity of the entrenched marines. As he moved away, the charge detonated and he absorbed the full force of the explosion. Pfc. Bruce's indomitable courage, inspiring valor and selfless devotion to duty saved the lives of 3 of his fellow marines and upheld the highest traditions of the Marine Corps and the U.S. Naval Service. He gallantly gave his life for his country. 
    1971 - At Miami's Dinner Key Auditorium, Jim Morrison of the Doors is arrested for allegedly exposing his penis during the show. Morrison is officially charged with lewd and lascivious behavior, indecent behavior, open profanity and public drunkenness.
    1972 - Top Hits
“Without You” - Nilsson
“Hurting Each Other” - Carpenters
“Precious and Few” - Climax
“It's Four in the Morning” - Faron Young
    1973 - The Robert Joffrey Dance Company opened with a unique presentation in New York City. The show featured music of the Beach Boys in "Deuce Coupe Ballet." A clever show, even if it didn´t do much to bring the masses to ballet.
    1973 - Elvis Presley's manager, Colonel Tom Parker, sells all of Elvis' back catalog recordings to RCA for a lump sum of $5.4 million, forgoing all future royalties, in an apparent attempt to garner the King some quick, much-needed cash. Parker also renegotiates Elvis into a 50-50 split on new royalties, and lands another seven-year, fourteen-album deal with RCA for $3.5 million.
    1974 - Former Nixon White House aides H.R. Haldeman and John D. Ehrlichman and former Attorney General John Mitchell were indicted on obstruction of justice charges related to the Watergate break-in.
    1975 - 17th annual Grammy Awards for 1974 are announced during ceremonies at the Hollywood Palladium. Olivia Newton John wins Record of the Year for "I Honestly Love You" (which also earns her Best Female Pop Vocal Performance). Album of the Year is Stevie Wonder's "Fulfillingness' First Finale" (he wins Best Male Pop Vocal Performance). Song of the Year is "The Way We Were."
    1975 - The Eagles had their first million seller and first number one record in the US when "Best of My Love" reached the top of the Billboard chart. "Take It Easy" had made it to number 12, "Witchy Woman" reached number 9, "Peaceful Easy Feeling" hit number 22 and "Already Gone" stalled at number 32.
    1977 - Sara Lowndes Dylan files for divorce from her husband of eleven years, Bob Dylan. The divorce is granted in June and she is given custody of their 5 kids and possession of their million-dollar home. Sara was the subject of such songs as "Sad-Eyed Lady of the Lowlands," "Lay Lady Lay" and "Sara."
    1977 - Manfred Mann gets their first gold record for "Blinded by the Light," one of the several Bruce Springsteen songs covered the group. The song hit Number One last month, 13 years after Mann's first Number One song, "Do Wah Diddy Diddy."
    1980 - Top Hits
“Crazy Little Thing Called Love” - Queen
“Yes, I'm Ready” - Teri DeSario with K.C.
“Longer” - Dan Fogelberg
“I Ain't Living Long like This” - Waylon Jennings
    1980 - Norfolk, VA, received 13.7 inches of snow to push their season total to a record 41.9 inches exceeding their previous record by more than four inches.
    1980 - An unusually large Florida tornado, 500 yards in width at times, killed one person and caused six million dollars damage near Fort Lauderdale.
    1981 - Duke Ellington-musical "Sophisticated Ladies" premieres in New York NY
    1983 - The Philadelphia 76ers won their 10th straight game, beating the New York Knicks 106-94, their 50th win of the season. The Sixers lost only seven of their first 57 games. The team had the fastest start of any team in the 37-year history of the National Basketball Association
    1983 - Robyn Smith rode North Star to victory in the Paumanok Handicap at Aqueduct Racetrack to become the first woman jockey to win a stakes race.
    1983 - Skier Tamara Mckinney became the first American woman skier to win the overall World Cup Championship.
    1987 - The Boston Celtics defeated Detroit 112-102 to become the first NBA franchise to win 2,000 games.
    1988 - Top Hits
Father Figure - George Michael
What Have I Done to Deserve This? - Pet Shop Boys & Dusty Springfield
She's like the Wind - Patrick Swayze featuring Wendy Fraser
I Won't Take Less Than Your Love - Tanya Tucker
    1988 - Center Wayne Gretzky of the Edmonton Oilers earned an assist in a game against the Los Angeles Kings to become the NHL's all-time career assist leader. It took Gretzky 681 games to garner 1,050 assists and surpass Gordie Howe who set the record in 1,767 games.
    1991 - Director Oliver Stone's biopic “The Doors,” starring Val Kilmer, opens in Los Angeles.
    1993 – New York Yankees owner George Steinbrenner was reinstated. Commissioner Fay Vincent had banned Steinbrenner from day-to-day activities with the Yankees because of his relationship with convicted gambler Howie Spira.  Oddly enough, the signing of the Core Four of the 1990-2000s dynasty – Mariano Rivera, Andy Pettitte, Jorge Posada and Derek Jeter, were all signed while Steinbrenner was suspended.
    1994 - Aretha Franklin is honored with the Lifetime Achievement Award and Frank Sinatra is given the annual Living Legends Award at tonight's Grammys in New York.
    1994 – The senate rejected a balanced budget amendment to the Constitution.
    1995 - The 1994 Grammy winners are announced. Sheryl Crow wins Grammys for Best New Artist and Best Song for "All I Wanna Do" while Tony Bennett's "Unplugged" LP wins Best Album.
    1996 – Atlanta’s Lenny Wilkens became the first coach in NBA history to reach 1,000 career victories when the Hawks beat Cleveland, 74-68.
    2004 – Terry Nichols was convicted of state murder charges and being an accomplice to Oklahoma City bomber Timothy McVeigh.
    2005 - The Supreme Court ruled the death penalty unconstitutional for people who committed crimes before age 18.
    2013 - According to the U.S. Treasury Department, in June 2012, Japan surpassed China as the leading foreign holder of U.S. Treasury securities.
    2014 - A Mt. Gox security breach that enabled hackers to defraud customers of over 700,000 in Bitcoins caused the Bitcoin exchange to file for bankruptcy.
    2015 - Astronauts at the International Space Station completed a tricky cable installation project to prepare for the addition of docking ports.  The ports will be able to receive manned commercial space capsules such as those launched by SpaceX and Boeing.
    2020 - First known COVID-19 case identified in New York, a health care worker returning from Iran. January 21 — CDC Confirms First US Coronavirus Case: A Washington state resident was the first person in the United States with a confirmed case of the 2019 novel coronavirus, having returned from Wuhan on January 15, thanks to overnight polymerase chain reaction testing. The CDC soon after deploys a team to help with the investigation, including potential use of contact tracing.



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