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Leasing News is a web site that posts information, news, and entertainment for the commercial leasing and finance industry. The News Edition is updated Monday, Wednesday and Friday.

Wednesday, May 18, 2011

Today's Equipment Leasing Headlines

Jeffrey Taylor in Hospital
 Classified Ads---Senior Management
  OneSource Develops Business License Software
 Loan/Lease Statute Up-Date
  Top Ten Cities with the Highest Credit Scores
Sales Make it Happen---by Terry Winders, CLP
 “Floating Skips”
   Charlie Chan Saying….
    SparkPeople—Diet and healthy living community
 NEFA invites all assoc. members to Annual Crab Feast
  EquipmentEngine Launches Asset Management Resources
   Scottsdale, Arizona Adopt-a-Dog
Archives, May 18, 2007
 Balboa Capital Hires Phil Silva as Executive Vice President
News Briefs---
 LinkedIn may be biggest tech IPO since Google
  Air Lease reports $3.2-million first-quarter profit
   H.P. Profit Up 5%, but PC Sales Are Declining
    Dell Profit Tops Estimates on Corporate Spending
     Bay Commercial Bank expands into Silicon Valley
      Saks 1Q profit jumps to $28.4M as luxury market rebound

Broker/Funder/Industry Lists | Features (collection)
Top Ten Stories Chosen by Readers | Top Stories last six months

 James Durbin wows 30,000 in Santa Cruz
  You May have Missed--- 
   Sports Briefs
    California Nuts Briefs
     "Gimme that Wine"
       This Day in American History
         Daily Puzzle
            Weather, USA or specific area
             Traffic Live----

######## surrounding the article denotes it is a “press release” and was not written by Leasing News nor information verified, but from the source noted. When an article is signed by the writer, it is considered a “by line.” It reflects the opinion and research of the writer. It is considered “bias” as it is the writer’s viewpoint.


Jeffrey Taylor in Hospital

Superbowl of Leasing competition

1987—Jeff Taylor standing, Don Froomer sitting

Near the end of last month long time leasing instructor Jeffrey Taylor sent to friends who received his daily newsletter that his cough had gotten so bad, he was going to go to the hospital. The cough started before his 60th birthday, but nevertheless he went to Paris, France with Toby, he wife of 21 years, as they had planned the celebration for quite some time. When he came back, he went to his doctor, then another "expert," as they thought he had an allergy (in Scottsdale, Arizona?) He didn’t believe them, especially with $3,000 for treatments.

It got so bad, he finally went for a full examination at the hospital, X-Ray, and then the hospital ordered a Cat Scan, where he wrote in his April 28th newsletter the results: he was diagnosed "...with a constricted heart, stomach ulcer and a malignant melanoma in my right lung."

On May 9th he wrote what seemed a very serious understanding of his condition, that he was going to go in for more tests to see what could be done. He didn’t write any more news editions. On Sunday he had a heart attack and was taken by ambulance to Scottsdale Health Care Hospital--Shea, 9003 East Shea Boulevard, Scottsdale Arizona 85260 Telephone 480-860-3000.

Jeffrey is presently is in ICU, and according to his wife, not taking visitors and has not talked on the telephone at this time, nor is he well enough for a laptop. She said today (Tuesday) he looked like he was doing much better.

Leasing News quoted Jeffrey Taylor often when he was in the leasing business, as he also had one of the first on line news editions about leasing with 16,000 subscribers, wrote several books on leasing (including one, predicting the leasing economy and results today), realized he was an alcoholic (and wrote about it), left leasing, moved to Scottsdale, Arizona, where he was a travel agent (cruise traveling, mostly for he and his wife as they took a lot of trips), went into day trading as well as real estate, then began lecturing on investing in films (following an outshoot of trying to sell a film about his bout with alcohol) as well as continuing radio interviews across the United States regarding alcoholism.

(most recent photograph at radio station)

His books include “Selling Leasing In A Tough Economy”, “The Future of Equipment Leasing”, "A Gentleman Drunk/Un Caballero Borracho", “Going from W2 to 1099”, and “Film Finance For Beginners.”

His profile:


Lecture on Film Finance:

2006: The Future of Equipment Leasing Book Review:

Books by Jeffrey Taylor:


Classified Ads---Senior Management

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Good success - Mitch Utz

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View all classified help wanted ads


OneSource Develops Business License Software

"Using our ONESOURCE Business License service, software, or a combination of both, you will:

  • Know the status of your business licenses, applications, and permits including state sales tax and personal property tax

  • Organize your processes while reducing workloads and costs

  • Decrease notices and minimize penalties

  • Maintain superior organization and ensure full compliance

"Our ONESOURCE Business License service handles every step in the business license process and provides a central, reliable, and organized location for all of your business licenses and related documents.

"Take the worry out of the business license process. We take care of everything, from mail management and renewal filings, to imaging documents and resolving notices.

  • Mail management

  • Calendar creation and maintenance

  • Renewal filing and follow-up

  • Payment remittance and documentation

  • License document management

  • Notice resolution and tracking

  • Audit support

WebCast May 23 and June 01

More information available:


Loan/Lease Statute Up-Date

This is a summary and should not be viewed as a legal interpretation or containing all the requirements. Consult an attorney with leasing experience is highly recommended.

Most states exempt banks. This is commercial business only.

Whether some states mix consumer and commercial loans today is not know, although current court cases are recognizing personal guarantees and proprietorships to fall under some consumer guidelines.

Arizona: All “advance fee loan brokers” must register annually with the state. Arizona Revised Statutes, sec. 06-1303-1310 (1996)

Registration process:

Alabama: A simple business, vocational, occupation license is required.

Alaska: Alaska Small Loan act does not distinguish between consumer and commercial loans, one of the reasons many leasing companies do not do business in this state. Requires a license on transactions under $25,000.

Arizona: Requires a state license not difficult to obtain to those who have applied to be on a Leasing News list.

Arkansas: All brokers of “a loan of money, a credit card or a line of credit” may not assess or collect an advance fee. In addition, all brokers must register with the Securities Commissioner, post a surety bond of $25.000 and have a net worth of $25,000. Arkansas Code Annotate sec. 23-39-401 (1995)

California: No person shall engage in the business of a finance lender or broker without obtaining a license from the Commissioner, unless a bank or conducting true “operating” leases. California Financial Code, Division 9, Chapters 1 and 3

Connecticut: Brokers of “unsecured loans” may not assess or collect an advance fee. Connecticut General Statues, sec. 369-616 (1997) A license to make small loans of under $15,000 is required. This is aimed at “retail buyers” and whether a capital lease or commercial entity is defined is not known at this time.

Delaware: License required for commercial lessors for “finance or small loan agencies.”

Florida: Brokers of a “loan of money, a credit card, line of credit or related guarantee, enhancement or collateral of any nature” may not assess or collect an advance fee. Florida Statues, Chapter 687.14 (1992)

Georgia: A broker of “loans of money, a credit card, a line of credit or related guarantee, enhancement or collateral of any kind or nature” may not assess or collect an advance fee unless such fee is for “actual services necessary to apply for the loan.” Official Code of Georgia Annotated, sec. 7- 7-1 (1992)

Idaho: No fee may be collected unless a loan is actually made. Idaho Code, sec. 26-2501 (1992)

Illinois: Code , 815 ILCS 175/15-5.03 Under the Act, a ”loan broker” means any person who, in return for a fee from any person, promises to procure a loan for any person or assist any person in procuring a loan from any third party, or who promises to consider whether or not to make a loan to any person. 815ILCS 175/15-5- 15(a)

Specifically excluded from the application of the Act, however, are (1) any bank …regulated by any service loans for the Federal National Mortgage Association… (3) any insurance producer or company authorized to do business in [Illinois], (4) any person arranging financing for the sale of the person's product, (note that this exception does not apply to any person selling someone else's product and only applies to “the” person's product, implying the exception is for the owner of the product arranging for financing), (5) any person authorized to conduct business under the Residential Mortgage License Act of 1987 and (6) any person authorized to do business in [Illinois] and regulated by the Department of Financial Institutions or the Office of Banks and Real Estate.

“In the event that the Act is violated by the broker, the Secretary of State is empowered by the statute to make investigations and examinations, suspend or evoke the broker's approval, subpoena witnesses, compel the production of books and records, order depositions and obtain temporary restraining orders and injunctions against the broker. In the vent that a violate is found, the Secretary of State may impose a fine in the amount of $10,000 for each violation and the broker shall be liable to any person damaged in the amount of tactual damages plus attorneys fees.

This appears as standard language on most states.

Iowa: A broker of loans of “money or property” may not assess or collect an advance fee except for a “bona fide third-party fee” and a broker must obtain a bond or establish a trust account and file required documents with the Commissioner or Insurance. Iowa Code, sec. 535C (1992)

Kentucky: Brokers of “a loan of money, a credit card, a line of credit or related guarantee, enhancement or collateral of any kind or nature” may not assess or collect an advance fee. Kentucky Revised Statutes Annotated, sec. 367.380 (1992)

Louisiana: A broker of loans of “money or property…whether such agreement is styled as a loan, a lease or otherwise” must obtain a surety bond or establish a trust account in the amount of $25,000. A broker may not collect an advance fee but may collect an “advance expense deposit for commercial loans” only for actual expenses incurred in obtaining the loan. Louisiana Revised Statutes Annotated, sec. 9:3574 (1993); Louisiana Revised Statutes Annotated, Sec. 51:1910 (1992)

Personal Property Lessor License required.

Minnesota: Regulated Loans License. No person “shall engage in the business” of making loans not exceeding $100,000 without first obtaining license from Commerce Division. Violation is a misdemeanor and loan is void. This will apply to “capital leases.”

Mississippi: A broker or loans of money may not assess or collect an advance fee and can be fined up to $5,000 for each violation. Mississippi Code Annotated, sec. 81-19-17 (1997)

A license is required for conditional sales contracts.

Missouri: A broker of loans of “money or property” may not assess or collect an advance fee. Missouri Revised Statues, sec. 367 300 (1992)

Montana: A person who knowingly engages in the business of a sales finance company in Montana without a license can be punished by a fine of not more than $500 and/or imprisonment of not more than six months.

Nebraska: A broker of loans of money may not assess or collect an advance fee. Nebraska Revised Statutes, sec. 45-189 (1993) Installment sales license required except for state banks and trust and loan companies regulated by Nebraska or any other state or chartered by the United States.

Nevada: Requires license for each office or other place of business, considers capital lease as loan and “lending.”

New Hampshire: Requires small loan license, whether applies to Capital Leasing not known.

New Jersey: Brokers of “loans of money” may not assess or collect an advance fee. New Jersey Rev. Statutes, sec. 17:10B (1992)

New Mexico: Currently requires Brokers/Lessors to register for Licensing under the New Mexico Mortgage loan Company or Loan Broker Act with the Financial Institutions Division of the State of New Mexico. Banks with Brick and Mortar within the State of New Mexico are exempt. Prior to licensing applicants must submit the Following:
Articles of Incorporation Listing of all principals (including management) A full financial Package (to meet their minimum requirements of liquidity) Personal financial statements on all principals Disclosure of all current or past suits (civil or criminal)
Attach a corporate surety bond
Include a $400.00 registration fee renewable yearly

New York: Any advance payment or deposit must go into an escrow account until a transaction proceeds. License is required to make business and commercial loans less than $50,000.

North Carolina: A broker of “loans of money or property…whether such agreement is styled as a loan, a lease or otherwise” must obtain a surety bond or establish a trust account in the amount of $25,000 and obtain a license. North Carolina General Statutes, sec. 66-106 (1992) Lenders who advance more than $1 million annually, in aggregate, in NC are exempt.

North Dakota: Brokers may not accept an advance fee unless the broker is licensed.

North Dakota Century Code, 13-04. 1-09.1 (1993)

Ohio: Department of Commerce, Division of Financial Institutions (Certificate to engage in the business of a credit services organization in accordance with the provisions of Sections 4712.01 to 4712.14 of the revised code of Ohio, subject to all the provisions thereof and to the regulations of the division.) Ohio Department of Taxation requires a "Vendor's License" under provision 5739.17 of the Revised Code ( hereby authorized to sell tangible personal property and selected services at the retail location specified below.) This also makes the lessor responsible for all taxes with penalties for not doing so.

Ohio: No person shall engage in the business of lending amounts of $5,000 or less without a license.

South Carolina: A broker of “a loan of money, a credit card, a line of credit or related guarantee, enhancement or collateral of any kind or nature” may not assess or collect an advance fee. (South Carolina Code Annotated, sec. 34-36-10 91992) A license is required for the “business of lending in the amounts of $7,500 or less” regarding consumers. Has won cases against finance for business involving individual guarantees.

Texas: Consult an attorney familiar with Texas finance and lending laws.

Vermont: Commercial lenders and sales finance companies must obtain a license. Does not apply to true leases and leases for security (finance leases.) Does apply to Equipment Finance Agreements.

Here is a 2006 Equipment Leasing and Finance Association forum list.
(It is not known if the list has been up-dated and is available for the public.)

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Top Ten Cities with the Highest Credit Scores

The national average was 747.10 at the end of 2010, according to Experian, one of the three big credit-reporting agencies.

Excellent: 750-840
Good: 660-749
Fair: 620-659
Poor: 620-659


Green Bay, Wisconsin
Average credit score: 786.06
Median household income: $42,834
Median home cost: $109,200
Average monthly credit-card charges: $3,632.00
Unemployment rate: 8.0%

Madison, Wisconsin
Average credit score: 785.30
Median household income: $50,726
Median home cost: $189,290
Average monthly credit-card charges: $3,677.23
Unemployment rate: 6.0%

Minneapolis, Minnesota
Average credit score: 784.12
Median household income: $45,628
Median home cost: $171,670
Average monthly credit-card charges: $4,426.72
Unemployment rate: 6.9%

San Francisco, San Francisco
Average credit score: 779.26
M edian household income: $71,410
Median home cost: $676,660
Average monthly credit-card charges: $4,070.41
Unemployment rate: 9.9%

Boston, Massachusetts
Average credit score: 777.79
Median household income: $50,782
Median home cost: $425,300
Average monthly credit-card charges: $4,257.02
Unemployment rate: 7.5%

Lincoln, Nebraska
Average credit score: 776.16
Median household income: $47,475
Median home cost: $108,110
Average monthly credit-card charges: $3,644.90
Unemployment rate: 4.2%

Seattle, Washington
Average credit score: 775.66
Median household income: $57,390
Median home cost: $361,940
Average monthly credit-card charges: $4,877.34
Unemployment rate: 9.3%

Harrisburg, Pennsylvania
Average credit score: 775.59
Median household income: $31,255
Median home cost: $78,610
Average monthly credit-card charges: $3,945.79
Unemployment rate: 7.7%

Fargo, North Dakota
Average credit score: 773.85
Median household income: $40,236
Median home cost: $142,460
Average monthly credit-card charges: $4,225.65
Unemployment rate: 4.7%

Sioux Falls, South Dakota
Average credit score: 773.44
Median household income: $46,244
Median home cost: $139,000
Average monthly credit-card charges: $3,446.18
Unemployment rate: 5.4%


Sales Makes it Happen
by Terry Winders, CLP

“Floating Skips”

It is interesting to note that CIT is using several vendor program ideas in UK and France mentioned in previous columns. They teamed up with Lenovo Financial Services. Most likely the programs were tested first here in the United States: "0%" financing for a 36 month residual-based lease (most likely including a discount up-front from the vendor), online reward program, paying all deals within 24 hours.

They learned from one of my seminars to offer “any month leasing;” to let lessees choose the monthly payment budget by selecting the number of months that fit their need, meaning 33, 42, or 51 payments rather than the standard 24-36-48-60 month. I was personally using it as far back as 1981 at the First National Bank of Louisville.

CIT has also offered a long time quotation program, very common here in the United States, and at one time, an online vendor program that allows dealers to follow the progress of transactions. They had a unit in Miami, Florida, that may still be active in such a program that allegedly automated the progress of an application through the entire process to the way bill of the check sent out overnight.

These automated programs are common now, available to one man independent broker operations as the Boettigheimers developed for Pioneer Capital, mailing disks to brokers, dealers and franchisors to use over ten years ago. It still didn’t beat the human touch, meaning speaking to a "live" person to answer questions or make prognostications, but dealing in different time zones, it certainly was much better than voice mail or when you couldn’t reach your “rep” on the telephone.

One of the programs mentioned earlier, readers have asked me to go over again, is the floating skip concept for lessees. It is designed for them when they do not know when they may need an opportunity to by-pass a payment or two.

If you were pricing a 60 month lease on $50,000 with a bargain purchase option ($100) at a 12% rate and one payment in advance the payments would be 60 x $1,101.21. However, let’s say the lessee wanted a few skips for contingencies, how would you price it? First, let’s talk about 5 floating skips over the 60 months.

To price the transaction you have to assume worst case and that is the lessee wants to skip the first month of every year. That means that the schedule would look like this 1x $0 followed by 11 x Payment and repeated five times to make up the 60 months. The payments at 12% would be 1 x $0 followed by 11 x $1,207.43. Clearly the $1,207.43 is higher than $1,101.21 but this can be explained because there are only 55 payments in this program.

To book the transaction correctly you must book it as a 55 month lease. Therefore, the lessee gets a invoice every month. When the lessee wants to skip a payment they mark skip on it, have the signing authority sign it and return it to the lessor. Then you inform the accounting department that you have granted a one month extension to the lessee moving the lease one month forward. This has the possibility of happing five times during this lease.

The lessee is informed at the beginning that they only have one month the first year except if they do not use the skip in any year it moves forward and adds to the available skips in the next year. I have seen many a lessee save their skips for a time when the equipment was taken out of service for major servicing or overhaul requirements. If it happened in the third year and they had not use any skips they could skip three months in a row. This means they are more likely to properly maintain the equipment because they can use the money usually earmarked for payments to fix the equipment.

In my experience, with this program, 74% of the time the lessee’s failed to use any of the skips and the result was a 200 basis point rise in my yield because my 60 month lease paid off in 55 months. But please understand they have a 60 month lease and are entitled to use the equipment rent free for the last 6 months or whatever time is remaining. However, they usually replace the equipment after the last payment was made.

This works on true leases, with residuals or high purchase options, as well but the lessee may want to use the remaining months.

The program is like payment insurance, it works well with lessee’s that are doing well but may be in a tight cash position. Many lessees who have a pessimistic view of the future are the first to jump at it. It is not intended for lesser credits or start ups. Also, most of the lessor’s that have one of the quality bookkeeping systems handle this very well, with the one month extension requirements. You need to check to see if extensions are possible in your system prior to offering this type of program because some of the old or home grown software bookkeeping programs cannot handle it, and the accounting department will come after you with pitchforks.

Creating programs to support vendors and customer needs is very much a part of commercial equipment leasing and the future will require us to become very creative.

Mr. Terry Winders, CLP, has been a teacher, consultant, expert witness for the leasing industry for thirty-five years and can be reached at or 502-649-0448

Previous Sales Makes it Happen Columns:

Previous #102 Columns:

(This ad is a “trade” for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)



SparkPeople—Diet and healthy living community is the largest online diet and healthy living community with over 9 million registered members. You can create a free account to access information, set up goals, make a plan, or just find answers for questions you may have.

* Personalized diet & fitness plans
* Calorie counter, workout tracker, exercise demos & videos
* Answers from our dietitians & trainers on message boards
* Connect with others like you in our support teams

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"SparkPeople can be free because my wife and I were very early eBay employees and are now using our earnings from its success to make the world a healthier place," says founder Christ "SparkGuy" Downie. "This is our way to give back and help the world. Thousands of new people join every day and don’t pay a single penny. In fact, the majority of our new members join SparkPeople after hearing about us from their friends."



NEFA invites all association members to Annual Crab Feast

June 9th--Baltimore, Maryland

The National Equipment Finance Association has opened its annual Crab Feast, June 9th, 2011, in Baltimore, Maryland, to all industry professionals meaning members of all leasing associations can attend at NEFA member prices: $65 per person.

The popular and long running event, originally started by the Eastern Association of Equipment Leasing, will be held again at Obrycki’s, one of Baltimore’s most popular crab houses.

“This event is networking in its purest form”, said Gerry Egan, Executive Director of NEFA. “It’s casual and it’s fun. It’s a chance to meet new folks, reconnect with folks you haven’t seen in awhile and swap industry information and stories —maybe even exaggerate a few of those stories— and do it all while enjoying some of the best steamed crabs, crab cakes and more that Maryland has to offer.”

Co-Chairpersons for the event are industry veterans Nancy Pistorio, CLP, of Madison Capital, and Bruce Winter, CLP, of FSG Leasing.

According to Nancy, “it’s a joy to plan this since everyone always has such a good time. We know people who haven’t missed this event in over ten years. It’s a chance to interact on a casual and personal level with people you do business with and make that kind of connection with people you’d like to do business with.”

Bruce Winter said, “We encourage all industry participants to come because it’s a chance to get to know people you might not meet through other association specific events. I think that’s good for everyone, for the whole industry.”

Last year, attendees came from as far away as California. For people traveling from out of town, NEFA has arranged special room rates and benefits at a unique and eco-friendly Fairfield Inn & Suites including free Wi-Fi and continental breakfast. More information is available on the NEFA event registration page.

To help the restaurant plan ahead, attendees are asked to pre-register and can do so.

“We expect a high turnout this year, given the general enthusiasm in the industry right now,” said Egan. (Over 70 attended last year).

Registration: 4:30 p.m. - 5:00 p.m.
Crab Feast: 5:00 p.m. - 8:00 p.m.
Member: $65 per person

Registration Form:

Fairfield Inn & Suites Reservation ($169.00 special rate)


John Kenny Receivables Management

• End of Lease Negotiations & Enforcement
• Fraud Investigation
• Credit Investigations
• Asset Searches
• Skip-tracing
• Third-party Commercial Collections

The Solution to Your Credit & Accounts Receivable Needs
John Kenny
315-866-1167 |

(Leasing News provides this ad as a trade for investigations
and background information provided by John Kenny)


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

EquipmentEngine Launches Asset Management Resources

EquipmentEngine is pleased to announce the launch of its Lender Solutions site. Through the site, Lender Solutions will provide a complete range of resources from state and local repossession requirements to appraisal and re-marketing services.

Lender Solutions supports equipment leasing companies and asset based lenders by providing a single point of access that covers the otherwise disjointed steps faced by portfolio managers. The service has been well received by many of EquipmentEngine’s existing partners.

“We are committed to creating a leap in value for asset management and collection professionals that service both billion dollar commercial equipment lease and loan portfolios and niche equipment lease and loan portfolios,” said Richard Henderson, President of EquipmentEngine. “Every portfolio or collection manager needs to access the same tools and resources to do their job. And they have to trust the job will be done right and with integrity. To that end, we have successfully packaged up transparency, knowledge and experience into an easy to navigate site that is supported by the best logistics team in the market.”

Henderson said he aims to make the site “the premier gathering place for lending and asset management professionals and to set the standard for technology, resources, and service levels that asset managers should expect from their service providers.”

For more information about EquipmentEngine and Lender Solutions, please visit or or call 1-855-EENGINE.

About EquipmentEngine
EquipmentEngine, LLC is a full-service Asset Management Solutions company founded in early 2010 to simplify the business of managing a nationwide repossession and remarketing effort. Our goal is to become the most effective platform for financial institutions and equipment finance companies to retain income during the debt workout process.

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


Archives, May 18, 2007
Balboa Capital Hires Phil Silva as Executive Vice President

(April 24,2008 he was named President---
as this 2007 release states he is primarily responsible
for expanding the vendor program and increasing direct sales)

(Irvine, CA) Balboa Capital Corporation announces the appointment of Phil Silva as Executive Vice President. Mr. Silva will be responsible for growing the company's Vendor Channel alongside the company's existing Direct, Commercial, and Broker Channels.

Mr. Silva previously developed and managed the National Accounts Group for American Express Business Finance (AEBF). He was the General Manager of the Healthcare, Franchise and Loan segments, along with Marketing, prior to and through the acquisition of AEBF by Key Equipment Finance. Prior to that, he worked for companies such as Transamerica Distribution Finance, Dana Commercial Credit and Master Lease Corporation, in sales and sales management capacities. Mr. Silva holds a Bachelor of Arts degree in Business Management from Whitworth College in Spokane, Washington.

"I believe Balboa Capital is nimble and entrepreneurial in their execution and decision making. They possess unique service, training, marketing and technology-based qualities and strengths developed for their existing sales channels that will provide value to small and medium-sized vendors and their customers. I am excited about assisting Balboa in growing their vendor channel," said Mr. Silva. Among his first responsibilities will be to add a Vendor Sales Leader and an Inside Sales Manager to the department.

About Balboa Capital
Balboa Capital provides equipment leasing and financing to small and mid-sized business in the United States. The company markets its products through its direct sales force, vendor channel, and broker partnerships. The company offers leases in the range of $ 5,000 to $ 5,000,000. Balboa Capital is privately held and based in Irvine, CA.

((Please click on ad to learn more))
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)


Scottsdale, Arizona-- Adopt-a-Dog

Lucky (0000000310)

Medium Haired
Border Collie/ Lab mix
7 Years
Medium Size
Unknown w/ Cats
Good w/ Dogs
Good w/ Kids

"Lucky is a great dog. He originally came into rescue because his owner had to go into hospice care, and ended up in our care via the Humane Society

"Lucky is a sweet dog. He loves to play with other dogs, loves people big and small. He is housetrained and leash trained and we were told he can do tricks.

Lucky should only go to a home with other dogs, he loves being with small dogs. He bores easily and hates to be left along for too long.

"We are looking for a forever home for this boy. His new family should be active and with a knowledge of Border Collies- please do research on the breed before applying for this dog."

Special Needs
Mild Arthritis in rear legs


Adopt-a-Pet by Leasing Co. State/City

Adopt a Pet

--- News Briefs

LinkedIn may be biggest tech IPO since Google

Air Lease reports $3.2-million first-quarter profit,0,7574561.story

H.P. Profit Up 5%, but PC Sales Are Declining

Dell Profit Tops Estimates on Corporate Spending

Bay Commercial Bank expands into Silicon Valley

Saks 1Q profit jumps to $28.4M as luxury market rebound

You May Have Missed---

Creation Myth: Xerox PARC, Apple, and the truth about innovation

Sports Briefs----

Alex Smith affirms he's likely to stay with 49ers

California Nuts Briefs---

Governor Brown signs contracts with 6 state unions

“Gimme that Wine”

Napa winery deal signals return of lifestyle buyers

At Nice Matin, a Wine List That Hits All the Marks

New app to help confused wine drinkers

Wine Train and Mondavi Winery Team Up on New Class

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Winery Atlas\

Leasing News Wine & Spirits Page


This Day in American History

     1631 -The General Court of the Massachusetts Bay Colony decreed that 'no man shall be admitted to the body politic but such as are members of some of the churches within the limits' of the colony. (Separation of church and state was an unthinkable concept in early American colonialism. In contrast to what is taught in schools, most were not escaping for religious freedoms, but were missionaries with strong prejudices against other religious groups except for their own.)
    1652- Rhode Island enacted a slavery emancipation law: “No blacken mankind or white... (maybe) forced by covenant bond or otherwise to serve any man or his assignees longer than ten years, or until they come to be 24 years of age, if they be taken in under 15, from the time of their coming within the Liberties of the Colonies, and at the end of termed of ten years... (are to be set) free, as is the manner with the English servants. And that man that will not let them goe free, or shall sell them elsewhere, to that end that they may be enslaved to others for a long time, he or they shall forfeit to the Colonie forty pounds.”
    1766- The Church of the United Brethren in Christ was organized in Lancaster, PA, under the leadership of Martin Boehm, 41, and Philip William Otterbein, 39. (It became a branch of the Evangelical United Brethren in 1946.)
    1798 - The first Secretary of the U.S. Navy was appointed. He was Benjamin Stoddert.
    1827 -- Josiah Warren opens his first Time Store in Cincinnati, Ohio — the first commercial cooperative. Warren, Josiah, 1798–1874, American reformer & anarchist, b. Boston. An early follower of Robert Owen, he soon rejected Owen's political socialism, advocating instead anarchy based on “the sovereignty of the individual.” Warren founded several “equity” or "time" stores, with the idea of exchanging goods for an equivalent amount of labor & on the principle that cost should be the limit of price. He also established three utopian colonies; the most successful was Modern Times (1851–c.1860), Long Island, N.Y. (now Brentwood). The most important of his publications was True Civilization (1863, 5th ed. 1875).
See "The Lemonade Ocean & Modern Times" by Hakim Bey,
    1836-- Cynthia Ann Parker, a blue-eyed blonde Caucasian woman, was captured by the Comanche at age nine. When U.S. soldiers found her four years later in a Comanche camp where she was living under the name "Prelock," she refused to return. She said she was happy living as a Comanche. ///In 1860 she and her infant daughter were captured in a U.S. army raid and were forcibly detained. She was sent to Parker's father. The infant died soon after capture and Prelock died in 1864, according to legend, by starving herself to death longing to go back to the Comanche way of life. ///Her eldest son Quanah became chief of the Kwahadi tribe which held out against the white man. Some called him the most ferocious Indian who ever lived. In 1875 he suddenly brought his people in and settled near the Wichita Mountains in Oklahoma and saw to it that Comanche children went to school and were educated.
    1849-Sailing ship "Grey Eagle" arrived in San Francisco with 34 passengers from the East in 113 days, a record at that time.
    1852- Massachusetts rules all school-age children must attend school
    1860 --Republican Party nominates Abraham Lincoln for president.
06 November 1860, Lincoln defeated his opponents with only 40% of the popular vote, becoming the first Republican to win the presidency. The announcement of his victory signaled the secession of the Southern states, which since the beginning of the year had been publicly threatening secession if the Republicans gained the White House. By the time of Lincoln's inauguration on 04 March 1861, seven states had seceded and the Confederate States of America had been formally established with Jefferson Davis as its elected president. One month later, the American Civil War began when Confederate forces under General P. G. T. Beauregard opened fire on Union-held Fort Sumter in South Carolina. 
    1863- A new sport became available to Americans with the introduction of roller skating by James L. Plimpton. Plimpton invented the four-wheel skate, which worked on rubber pads, thus permitting skaters to change direction by shifting their weight to one side or the other without lift the wheels of the skate off the ground. Roller skating became fashionable in New York City and soon spread to other cities. In Newport, R.I., the Roller Skating Association leased the Atlantic House and turned its dinning room and plaza into a skating rink. In Chicago, the Casino could accommodate 3000 spectators and 1000 skaters. In San Francisco, a rink advertised 5000 pairs of skates available for rent.
    1863- Union General Ulysses S. Grant surrounds Vicksburg, the last Confederate stronghold on the Mississippi River, in one of the most brilliant campaigns of the war. On May 16, Grant fought the Confederates under John C. Pemberton at Champion's Hill and defeated them decisively. He then attacked again at the Big Black River the next day, and Pemberton fled into Vicksburg with Grant following close behind. The trap was now complete and Pemberton was stuck in Vicksburg, although his forces would hold out until July 4. In the three weeks since Grant crossed the Mississippi in the campaign to capture Vicksburg, Grant's men marched 180 miles and won five battles. They took nearly 100 Confederate artillery pieces and nearly 6,000 prisoners, all with relatively light losses.
    1864--The fighting at Spotsylvania in Virginia, reaches its peak at the Bloody Angle.
    1872 -- Bertrand Russell born (1872-1970), Trelleck, Wales. Philosopher, mathematician & social critic, one of the most widely read philosophers of this century. Awarded Nobel for Literature, 1950. Outspoken pacifist, imprisoned during WWI. Abandoned pacifism during WWII, but was a leading figure in the antinuclear movement. Imprisoned in 1961 for taking part in a demonstration in Whitehall. A pioneer of logical positivism. I took a course from him at UCLA and have read most of his books.
    1883 - An F4 tornado tracked 20 miles through Kenosha and Racine Counties in Wisconsin. 8 people were killed and 85 were injured. The tornado made a spectacular exit as a multiple vortex waterspout over Lake Michigan and was described as: "whirling columns of air seemed like great wreaths of smoke, bearing with them spiral columns of water...a half dozen could be seen at a time, then all would disappear and new ones would reform".
    1896- Plessy v. Ferguson: the Supreme Court ruled separate-but-equal facilities constitutional on intrastate railroads. For fifty years, the Plessy v. Ferguson decision upheld the principle of racial segregation. Across the country, laws mandated separate accommodations on buses and trains, and in hotels, theaters, and schools. The premise was separate, but “equal.” When I first went to New Orleans in 1958, the facilities were not equal, but certainly separate. As I traveled in other parts of the South, Blacks would walk on one side of the main street, and whites on the other. Restaurants were “white only.” Rest rooms were “white only.” Even the French Quarter was quite segregated with “white only” jazz clubs, and further down you would find “black” or “Cajun,” which was even “rougher.” Drinks were much cheaper, the food simple, but delicious. We were musicians, so we never experienced any difficulty as often the two of use would be the only whites in the club. We had our own mouthpieces, as it was the tradition then, as I believe now, if you play someone else’s instrument, you used your own mouthpiece. I had both a clarinet and alto sax; Warren had his trumpet mouthpiece, which he carries still today when we have gone to places where he would be invited to play.
    1900--Birthday of author Laura Z. Hobson. She wrote revolutionary novels about social injustices. "Gentleman's Agreement" dealt with anti-Semitism, "Tenth Month," on unwed motherhood, "Consenting Adult," on homosexuality. 
    1901-Birthday of Jeanette Macdonald, very popular U.S. singer-actor best known today for her singing over the ruins of San Francisco (1936) and duets with Canadian Mounties although she was an accomplished Broadway actor and a fine comedic player. She was one of the top money grossers of her era.
    1902 - An f4 tornado struck the town of Goliad, Texas, killing 114 people. No U.S. tornado disaster of similar magnitude has ever occurred further south than this event.
    1902 --Birthday of Meredith Wilson, composer and lyricist (The Music Man).
    1911-Blues Shouter Joseph Vernon “Big Joe” Turner born Kansas, City, Mo-- one of the forefathers of rock 'n' roll. His 1950's recordings of such songs as "Shake, Rattle and Roll," "Honey Hush" and "Flip, Flop and Fly" are rock 'n' roll classics. But Turner had been singing for more than 20 years when these songs were recorded. In the 1930's, he teamed with boogie-woogie pianist Pete Johnson. Their appearance at John Hammond's famed "Spirituals to Swing" concert in 1938 helped spark the boogie-woogie craze of the time. In 1951, Turner began recording rhythm-and-blues for Atlantic Records. Many of his songs were rock 'n roll hits when recorded by white artists. Bill Haley turned "Shake, Rattle and Roll" into a million-seller in 1954 and Pat Boone had a pop hit with Turner's "Chains of Love" in 1956. In the '60s, Big Joe Turner turned to jazz singing, continuing to perform and record until his death on November 24th, 1985.
    1912—Perry Como birthday, born in Canonsburg, Pennsylvania. A self-described admirer of Bing Crosby, Como copied Crosby's singing style and relaxed approach. He was a barber whose first record, "Goodbye Sue," was a hit in 1943. And so was "And I Love You So," recorded more than 30 years later. His other successes have included "Till the End of Time," "Temptation" and "It's Impossible." On television, Perry Como was the host of "The Chesterfield Supper Club," "The Perry Como Show" and "The Kraft Music Hall." He was perhaps the most popular singer on television in the 1950's.
    1912-Birthday of Sylvia Porter, financial writer who first wrote under her initials because men would not pay attention to a woman financial writer. She was long been recognized as one of the finest authorities in the field.
    1922-Trombonist Kai Winding born Aarhus, Denmark
    1927 - Grauman's Chinese Theater on Hollywood Boulevard was opened, the first of the Fox chain of movie theaters. The lavish 2,200 seat theater cost $1 million to build. Its first film was shown on this date, Cecil B. DeMille's King of Kings, at the high price of $2.00 per seat. It was later renamed Mann's Chinese Theater.
    1927 -- Bath, Michigan School Disaster. Andrew Kehoe, seeking revenge against the community for taxes imposed on his farm to pay for a new school, set off a TNT bomb in the school, killing 43 people, including 39 grade-school children. After the explosion, Kehoe killed his wife, then drove his truck back, loaded with dynamite & nails, to the school, & set it off, killing himself & the school superintendent.
    1931-Bix Biederbecke joins Casa Loma Band for a date at Metropolitan Hotel, Boston.
    1933--- President Franklin Roosevelt signs the Tennessee Valley Authority Act.
    1942--Birthday of Rodney Dillard, of the electric bluegrass group, the Dillards, born in Salem, Missouri. Formed in 1962, the Dillards left their home state that year for Hollywood where they played a hillbilly band on TV's "Andy Griffith Show." Their albums contained songs by folk and rock composers such as Bob Dylan, and their use of electric instruments helped pave the way for such country-rock groups as the Byrds and the Eagles.
    1944- The Allies Captured Monte Cassino (you may remember the movie). There had been five Allied attempts to take the German position at The Benedictine abbey at Monte Cassino. Although the abbey had been reduced to rubble, it served as a bunker for the Germans and they could relay all activity in the area to airplanes and giant cannot attacks. In the spring of 1944 Marshal Alphonese Pierre Juin devised an operation that crossed the mountainous regions behind the fortress like structure, using Moroccan troops of the French Expeditionary Force. Specially trained for mountain operations, they climbed 4,850 feet to locate a pass. On May 15, 1944, they attached the Germans from behind. On May 18, Polish troops attached to this force took Monte Cassino.
    1945 - On Okinawa, the US 6th Marine Division, part of US 3rd Amphibious Corps, captures most of the Sugar Loaf Hill, as well as parts of the Half Moon and the Horseshoe positions that overlook it, after several days of bitter fighting. The US 1st Marine Division continues to battle for the Wana river valley and Wana Ridge but fails to eliminate Japanese resistance, even with flame-throwers and tanks in support. Meanwhile, the US 77th and 96th Divisions, parts of US 24th Corps, attack Japanese positions on Flat Peak without success.
    1945 - No. 1 Billboard Pop Hit: "My Dreams Are Getting Better All the Time," Les Brown Orchestra/Doris Day.
    1946---Top Hits
All Through the Day - Perry Como
The Gypsy - The Ink Spots
Shoo Fly Pie - The Stan Kenton Orchestra (vocal: June Christy)
New Spanish Two Step - Bob Wills
    1952 -- US / Canada: Which Side Are You on? Paul Robeson, in dramatic defiance of government’s ban on his leaving US soil, standing on a flatbed truck parked one foot inside the US border at the Peace Arch, in Blaine, Washington, speaks and sings to a crowd of 40,000 Canadians & Americans gathered on both sides of the border.
(My father Lawrence Menkin was a recipient of the Paul Robeson Award for producing and writing “Harlem Detective” in the early 1950’s for WOR-TV)
    1952--country singer George Strait was born in Pearsall, Texas. Strait's traditional country sound, influenced by Bob Wills, Merle Haggard, George Jones and Hank Williams, began to find favor at the beginning of the 1980's. His rise to popularity was due at least in part to a reaction against the slicker "urban cowboy" sound. Strait is now one of the biggest country stars, with such number-one hits as "Love without End, Amen," "Does Fort Worth Ever Cross Your Mind," "All My Ex's Live in Texas" and "I've Come to Expect It from You." His 1985 "Greatest Hits" album spent more than five years on the charts.
    1953 - Air Force Lieutenant Colonel George I. Ruddell, 51st Fighter-Interceptor Wing, became the 31st ace of the war after making his fifth MiG kill in an F-86 Sabre called "MiG Mad Mavis."
    1953 - The first woman to fly faster than the speed of sound, Jacqueline Cochran, piloted an F-86 Sabrejet over California at an average speed of 652.337 miles-per- hour.
    1953-- Robbie Bachman, drummer for Bachman-Turner Overdrive, was born in Winnipeg. The Canadian rock band, which also included Robbie's brothers Randy and Tim on guitars, was internationally popular in the 1970's with such hits as "Blue Collar," "Let It Ride," "Takin' Care of Business" and "You Ain't Seen Nothing Yet," a 1974 million-seller. At its peak, BTO won many polls and honors in the US, as well as seven Juno Awards.
    1954---Top Hits
Wanted - Perry Como
Little Things Mean a Lot - Kitty Kallen
If You Love Me (Really Love Me) - Kay Starr
I Really Don’t Want to Know - Eddy Arnold
    1955 - No. 1 Billboard Pop Hit: "Cherry Pink and Apple Blossom White," Perez Prado.
    1957-The Chicago White Sox and the Baltimore Orioles played a 1-1 tie, a game called precisely at 10:20pm so that the White Sox could catch a train out of Baltimore. The Orioles’ Dick Williams hit a home run on the game’s last pitch to tie the game and avoid defeat. The game was replayed from the beginning at a later date, and Baltimore won.
    1959--Wilbert Harrison's recording of Leiber and Stoller's "Kansas City" rose to the top of the Billboard singles chart. Cover versions by Hank Ballard and The Midnighters, Rocky Olson, Rockin' Ronald & The Rebels, and Little Richard all appeared in March of 1959, but the Harrison version was by far the most popular. Further success for Harrison would have to wait until 1970 when "Let's Work Together" made it to number 32 in the US.
    1960 - Salt Lake City, Utah received an inch of snow. It marked their latest measurable snowfall of record.
    1960 - No. 1 Billboard Pop Hit: "Cathy's Clown," The Everly Brothers.
    1962---Top Hits
Soldier Boy - The Shirelles
Stranger on the Shore - Mr. Acker Bilk
She Cried - Jay & The Americans
She Thinks I Still Care - George Jones
   1963-Lesley Gore's "It's My Party" enters Billboard's Top 40, where it will reach #1. 
   1963-After hitting #22 the previous year with "Twistin' Matilda", Jimmy Soul reached #1 on the Billboard chart with "If You Wanna Be Happy". It would prove to be his final entry as the follow-up "Treat 'Em Tough" flopped completely, after which Jimmy entered the US Army. 
    1965 -- Outer Space: Gene Roddenberry suggests 16 names -- including Kirk -- for Star Trek Captain. It will never fly say some. And small hand held devices that you can talk as if you are on a telephone anywhere, who would believe it. In the Next Generation they were on the shirt that you could turn on with a touch or vocal command or attach to your ear. Unheard of at the time; common today..
    1966 -PH Phactor Jug Band opened at 40 Cedar Alley near Polk and Geary in San Francisco. Does anyone else remember Cedar Alley?
    1966-*STEWART, JIMMY G.   Medal of Honor
Rank and organization: Staff Sergeant, U.S. Army, Company B, 2d Battalion, 12th Cavalry, 1st Cavalry Division (Airmobile). Place and date: Republic of Vietnam, 18 May 1966. Entered service at: Ashland, Ky. Born: 25 December 1942, West Columbia, W. Va. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Early in the morning a reinforced North Vietnamese company attacked Company B, which was manning a defensive perimeter in Vietnam. The surprise onslaught wounded 5 members of a 6-man squad caught in the direct path of the enemy's thrust. S/Sgt. Stewart became a lone defender of vital terrain--virtually 1 man against a hostile platoon. Refusing to take advantage of a lull in the firing which would have permitted him to withdraw, S/Sgt. Stewart elected to hold his ground to protect his fallen comrades and prevent an enemy penetration of the company perimeter. As the full force of the platoon-sized man attack struck his lone position, he fought like a man possessed; emptying magazine after magazine at the determined, on-charging enemy. The enemy drove almost to his position and hurled grenades, but S/Sgt. Stewart decimated them by retrieving and throwing the grenades back. Exhausting his ammunition, he crawled under intense fire to his wounded team members and collected ammunition that they were unable to use. Far past the normal point of exhaustion, he held his position for 4 harrowing hours and through 3 assaults, annihilating the enemy as they approached and before they could get a foothold. As a result of his defense, the company position held until the arrival of a reinforcing platoon which counterattacked the enemy, now occupying foxholes to the left of S/Sgt. Stewart's position. After the counterattack, his body was found in a shallow enemy hole where he had advanced in order to add his fire to that of the counterattacking platoon. Eight enemy dead were found around his immediate position, with evidence that 15 others had been dragged away. The wounded whom he gave his life to protect, were recovered and evacuated. S/Sgt. Stewart's indomitable courage, in the face of overwhelming odds, stands as a tribute to himself and an inspiration to all men of his unit. His actions were in the highest traditions of the U.S. Army and the Armed Forces of his country.
    1967-GRANDSTAFF, BRUCE ALAN  Medal of Honor
Rank and organization: Platoon Sergeant, U.S. Army, Company B, 1st Battalion, 8th Infantry. Place and date: Pleiku Province, Republic of Vietnam, 18 May 1967. Entered service at: Spokane, Wash. Born: 2 June 1934, Spokane, Wash. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. P/Sgt. Grandstaff distinguished himself while leading the Weapons Platoon, Company B, on a reconnaissance mission near the Cambodian border. His platoon was advancing through intermittent enemy contact when it was struck by heavy small arms and automatic weapons fire from 3 sides. As he established a defensive perimeter, P/Sgt. Grandstaff noted that several of his men had been struck down. He raced 30 meters through the intense fire to aid them but could only save 1. Denied freedom to maneuver his unit by the intensity of the enemy onslaught, he adjusted artillery to within 45 meters of his position. When helicopter gunships arrived, he crawled outside the defensive position to mark the location with smoke grenades. Realizing his first marker was probably ineffective, he crawled to another location and threw his last smoke grenade but the smoke did not penetrate the jungle foliage. Seriously wounded in the leg during this effort he returned to his radio and, refusing medical aid, adjusted the artillery even closer as the enemy advanced on his position. Recognizing the need for additional firepower, he again braved the enemy fusillade, crawled to the edge of his position and fired several magazines of tracer ammunition through the jungle canopy. He succeeded in designating the location to the gunships but this action again drew the enemy fire and he was wounded in the other leg. Now enduring intense pain and bleeding profusely, he crawled to within 10 meters of an enemy machine gun which had caused many casualties among his men. He destroyed the position with hand grenades but received additional wounds. Rallying his remaining men to withstand the enemy assaults, he realized his position was being overrun and asked for artillery directly on his location. He fought until mortally wounded by an enemy rocket. Although every man in the platoon was a casualty, survivors attest to the indomitable spirit and exceptional courage of this outstanding combat leader who inspired his men to fight courageously against overwhelming odds and cost the enemy heavy casualties. P/Sgt. Grandstaff's selfless gallantry, above and beyond the call of duty, is in the highest traditions of the U.S. Army and reflect great credit upon himself and the Armed Forces of his country. 
    1968 - A tornado outbreak occurred across Illinois, Missouri, Indiana, Ohio, Iowa, and Arkansas. Charles City, Iowa was devastated by a tornado rated f5 on the Fujita Scale with 13 people killed and 30 million dollars damage done. An f4 tornado tracked through Jackson, Craighead, and Mississippi Counties in Arkansas, killing 35 people and injuring 361. 164 homes in Jonesboro were destroyed.
    1968-Electric Flag played the Late Show at the famed San Francisco Carousel Ballroom (To listen)
    1969- Apollo 10 began their orbit to circle the moon ten times. 
    1969 -- The Klamath tribe wins $4.1 million for loss of Oregon lands during fraudulent government surveys in 1880s. 
    1969-Birthday of 1969, pop singer Martika, whose real name is Marta Marrera. Her "Toy Soldiers" was a number-one record in 1989.
    1969 - No. 1 Billboard Pop Hit: "Get Back," The Beatles.
    1970---Top Hits
American Woman/No Sugar Tonight - The Guess Who
Vehicle - The Ides of March
Cecilia - Simon & Garfunkel
My Love - Sonny James
    1974 - "The Streak" started a 3-week run at number one on the "Billboard" pop music chart. The novelty tune by Ray Stevens was about people running nekkid where they shouldn’t be nekkid, like, in public. It was the second number one hit for the comedian who made numerous appearances on Andy Williams’ TV show in the late 1960s, as well as his own show in the summer of 1970. His first number one hit, just prior to "The Streak", was "Everything is Beautiful". Both songs won gold records, as did his comedic "Gitarzan", a top ten hit in 1969. Stevens has been the top novelty recording artist of the past three decades.
    1974--Ray Stevens had the whole country saying "Don't look Ethel", the hook line from his second straight Billboard chart topper, "The Streak".
    1978---Top Hits
If I Can’t Have You - Yvonne Elliman
The Closer I Get to You - Roberta Flack with Donny Hathaway
With a Little Luck - Wings
It’s All Wrong, But It’s All Right - Dolly Parton
    1978- The Buddy Holly Story, a film starring Gary Busey as Holly, has its world premiere in Dallas. The movie will be a critical and commercial success.
    1980 - 9,677-foot Mt. St. Helens, quiet for 93 years, blew its top. The volcanic blast was five hundred times more powerful than the atomic bomb that leveled Hiroshima. Steam and ash erupted more than eleven miles into the sky and darkened skies in a 160-mile radius. Forest fires erupted around the volcano and burned out of control. The eruption, and those that followed, left some sixty dead and caused damage amounting to nearly three billion dollars.
    1982 Unification Church founder Reverend Sun Myung Moon convicted of tax evasion.
    1983--- Dr. Sally Ride, 32-year-old with a Ph.D. in physics and pilot's license becomes the first U.S. woman astronaut in space as a mission specialist aboard space shuttle Challenger, 20 years and two days after the first Russian woman went into space. It would be another 15 years before an American woman became a co-pilot of a U.S. space vessel. It took until 1995 - 32 years later - for American Lt. Col. Eileen Collins to touch the controls of an American spacecraft as co-pilot on a space mission. In 1998, she was named a space mission pilot and is scheduled to lift off her spacecraft in late 1999.
    1985-- Patricia Kimbrell, the first woman admitted to the ranks of the United States Jaycees, was installed as president of the Dallas chapter of that civic organization.
    1985--The Scottish Rock band Simple Minds make their breakthrough in North America when "Don't You (Forget About Me") tops the Billboard singles chart. The song was written specifically for the film The Breakfast Club and was only the second tune recorded by the group that they did not write.
    1986--A remake of "Stagecoach," starring Johnny Cash, Willie Nelson, Kris Kristofferson, Waylon Jennings and John Schneider aired on network television. The production apparently was far from smooth, with Nelson walking off the set at one point. The stars all criticised the movie in a "TV Guide" article, with one aide to Cash describing it as being filmed with "a Concorde cast and a cropduster crew."
    1986---Top Hits
Greatest Love of All - Whitney Houston
Why Can’t This Be Love - Van Halen
What Have You Done for Me Lateley - Janet Jackson
Ain’t Misbehavin’ - Hank Williams, Jr.
    1987 - Thunderstorms in Kansas, developing along a cold front, spawned tornadoes at Emporia and Toledo, produced wind gusts to 65 mph at Fort Scott, and produced golf ball size hail in the Kansas City area. Unseasonably hot weather prevailed ahead of the cold front. Pomona NJ reported a record high of 93 degrees, and Altus, OK, hit 100 degrees.
    1988- A's Dave Stewart breaks a major league record committing his twelfth balk of the season.
    1990 - Thunderstorms produced severe weather in the central U.S. spawning sixteen tornadoes, including a dozen in Nebraska. Thunderstorms also produced hail four inches in diameter at Perryton TX, wind gusts to 84 mph at Ellis KS, and high winds which caused nearly two million dollars damage at Sutherland NE. Thunderstorms deluged Sioux City IA with up to eight inches of rain, resulting in a record flood crest on Perry Creek and at least 4.5 million dollars damage.
    1991-Gertrude Belle Ellon, co-recipient of the 1988 Nobel Prize in Medicine, became the first woman inducted as a member of the National Inventors Hall of Fame. Elion’s researched to the development of leukemia-fighting drugs and immunosuppressant Imuran, which is used in kidney transplants. 
    1994-- Michael Jackson and Lisa Marie Presley were married in a private ceremony at a judge's home in the Dominican Republic. First word of the marriage came two months later from the judge himself in an interview published in a Dominican newspaper. The Jackson camp denied the story for several weeks. The marriage came after Jackson reached an out-of-court settlement with a teenager who accused the singer of seducing him. Jackson denied the allegations. Presley filed for divorce in January 1996.
    1995- Severe thunderstorms spawned 86 tornadoes over the Mississippi and Ohio Valleys, resulting in 4 deaths and 161 injuries. 5 of the tornadoes were rated f4 on the fujita scale.
    1997-- Tiger Woods wins Byron Nelson Golf Classic
    1998 - The CBS season finale of TV sitcom Murphy Brown aired, with the title character, played by Emmy-winner Candice Bergen, giving birth to an illegitimate son. Vice President Dan Quayle publicly lambasted the comedy, saying that the program "glorified" single-parenthood, and that it made a mockery of families with fathers. He went on to comment that "Murphy Brown" lacked the judgment to be a proper role model for young women, and that her actions were immoral. Despite the national unpopularity of his criticisms, Quayle did not back down from his stand against the popular show, providing fodder for many stand-up comics.,1,3019,00.html
    1999 - The Backstreet Boys release their highly anticipated third album, "Millennium." The album goes on to become the best-selling album of the year.
    2000- Mark McGwire passes Mickey Mantle into eighth place on the all-time home run career list with 539. 'Big Mac' goes deep three times as the Cardinals beat the Phillies, 7-2.
    2004--- At the age of 40, southpaw Randy Johnson becomes the oldest pitcher to ever throw a perfect game as the Diamondbacks beat the Braves, 2-0. The ‘Big Unit’ joins Cy Young, Jim Bunning, Hideo Nomo and Nolan Ryan as the only hurlers to throw no-hitters in both leagues and creates the longest time span between no-no’s having first accomplishing the feat against the Tigers in June of 1990.


Stanley Cup Champions This Date

    1971---Montreal Canadiens





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