Leasing News - information, news, education and entertainment for the commercial bank, finance and leasing industry

######## 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.

Report on NAELB Orlando Florida Conference
by Dwight Galloway, CLP, RLC Funding

The National Association of Equipment Leasing Brokers (NAELB) Conference in Orlando, Florida, featured a wide range of education, including various methods of marketing, funding relationships and strategic plans for building a successful broker/lessor. More than 240 attendees, including 100 brokers, and an equal number of funder attendees, were more upbeat and positive than recent years.

Simply put, it was a very good conference; better than recent years.

Conversations centered on growth rather than mere survival, and the energy was obvious during networking sessions, audience driven panel discussions and the brisk funding exhibit hours. Noticeable were numerous new brokers and new funders.

There were also several new working capital/cash advance providers.

Many were attending their first NAELB Conference. Easier to ask for “need working capital” or “business loan” without the necessity of approving vendor, equipment, and going through the paperwork, especially to the “dialing for dollars” or social media to find clients. The small ticket market seems to be changing.

During the annual business meeting, President Joan Modes shared that the Association has returned to pre-recession financial stability with substantial cash reserves. In addition, much-anticipated NAELB Leasing School was announced. New members and members wishing to train their employees are now able to enroll for extensive training in all aspects of leasing.

Two attendees, one new to the industry, and one a two-decade veteran, both expressed the general opinion, “members that did not come, missed a great opportunity.”

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

NAELB Announces Leasing School

(Faculty and Staff include Charles “Bud” Callahan, CLP, School
Director, with Linda Kester, Marketing Director,
and Joseph G. Boannano, Esq., CLP, attorney)
http://www.naelbschool.com/bio/

NAELB Leasing School teaches entrepreneurs how to own, operate
and succeed in their own equipment leasing and finance brokerage business.

The National Association of Equipment Leasing Brokers is pleased to announce the opening of the NAELB Leasing School. The NAELB Leasing School has been established to teach entrepreneurs how to open, operate and succeed in their own equipment leasing and finance brokerage business.

Many entrepreneurs find the first step of starting their own business overwhelming. The NAELB Leasing School takes the guesswork out of the beginning of the journey of becoming an independent broker and primes students for success.

Joan Modes, BPB
President, NAELB

“The NAELB is an organization formed by brokers for brokers and exists to promote education, networking, ethics and best practices, “ said President Joan Modes. “ With more than 100 funding source partners, plus associate members available to provide all of the essential business tools that a successful leasing broker needs, we are the premier source for launching your career as well as sustaining it.”

The NAELB Leasing Broker School provides:

A full week of training
12- Month Mentor Program
One Full Year of Membership in the NAELB

(“Next training session is September 1st through 5th, 2014 in Baltimore, Maryland. After the training class you will be invited to attend our annual leasing conference free of charge.” Editor)

(Cost was not noted in the press release. Editor)

For more information about the school visit
http://www.naelbschool.com/
or email Info@NAELBSchool.com.

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Since 1991, NAELB has provided the most comprehensive resources and education designed to advance the skills, integrity and value of its members and the equipment leasing profession. The NAELB is an organization formed to promote the interests of equipment leasing brokers. NAELB members enjoy programs designed to upgrade the professionalism and profitability of brokers, funders and others engaged in the business of equipment lease financing.

The NAELB is the largest association for equipment leasing brokers and was formed by brokers for brokers

### Press release ##########################

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Leasing 102
by Mr. Terry Winders, CLP

Tools for Leasing Sales

The first requirement for leasing sales is knowledge of leasing rules and regulations. Next is to organize a sales area and qualify prospects to maximize sales time. In addition, there are a few leasing tools to support the sales effort. Normally new sales people begin by creating a rate chart based on the rates and terms offered by their leasing company.

The best rate charts are the ones that start at 33 months, and progress to the maximum term allowed by your funding limits. The chart has a column for the number of months followed by a column for the rate factor. The lease payment can be determined by multiplying the rate factor against the equipment cost for each month. In this way you can meet the lessee’s requested payment by determining how many months it will take at that payment to complete the lease. If the rate chart only has payment factors for 36, 48 or 60 months, it restricts the lessee’s options.

When the size of the transaction gets larger, and the completion becomes intense, the best tool is a computer pricing program that can create unusual payment terms. In addition, a computer pricing program can create additional programs like tax motivated leases, and provide terms with residuals, skips and the value of delayed funding. It also provides net present value numbers to help explain the accounting approach for the lessee.

On competitive transactions, the next tool is a written lease proposal. A lease proposal lays out your terms and conditions The more detailed it is the better chance when you present it, that you will learn where your presentation is lacking, and perhaps you will have the chance to change it.

One of my favorite tools is a crib card that lists over 20 questions to ask on the use and description of the equipment. On the reverse side of the crib card are twenty questions on the structure for the lease. The more information you have, the better your lease proposal.

One of the most important tools for the salesperson is the call report. That written report lists what happen on the sales call, and what the next action is to be taken. Sometimes it is wise to categorize the call reports into the potential for future business by deciding how often to make additional calls. When an opportunity for a lease presents itself, the salesperson has the responsibility to obtain all the credit information, and the complete equipment description.

To accomplish obtaining all the information necessary, another tool is the information checklist. This checklist contains a list of critical information to get the transaction approved. It is hard in the excitement of the moment to remember everything necessary to close the deal so a card with the checklist is very supportive.

To be a profession salesperson in the commercial equipment leasing business, you need to be organized, and trained on the rules, regulations, pricing, and documentation. I strongly recommend the following book:

4th edition, third printing, January 21, 2014, 400 pages
Authored by Certified Leasing Professionals $59.95

For more information, please go here:
http://www.clpfoundation.org/toolbox/clp_handbook.php

Mr. Terry Winders, CLP, has been a teacher, consultant, expert witness for the leasing industry for thirty-five years and can be reached at terrywinders11@yahoo.com or 502-649-0448

He invites your questions and queries.

Previous #102 Columns:
http://www.leasingnews.org/Conscious-Top%20Stories/Leasing_102/Index.htm

Mr. Terry Winders available as a consultant regarding assisting attorneys in resolving disputes or explaining procedures or reviewing documents as utilized in the finance and leasing industry.

He is the author of several books, including DVD's, as well as weekly columnist to Leasing News. He also performs audits of leasing companies as an expert on documentation, and has acted as an expert witness on leasing for litigation in legal and tax disputes, including before the IRS. He also has taught the senior bank examiners, how to review a bank leasing department, for the Federal Reserve in Washington D.C. and has trained the examiners for the FDIC on how to prepare a lease portfolio for sale.

502.649.0448/terrywinders11@yahoo.com

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

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Software President Chad Oleson Newest CLP

Chad Oleson, President at Better Programs, Inc. the developers of TURBO-Lease Software passed the CLP exam.

“After a 15 plus year career in providing a software solutions to the equipment finance market, it only made sense that I pursue the CLP designation, “he said. Studying for and passing the exam allowed me to solidify the in-depth knowledge it takes to be effective when speaking to and working with others in the industry.

“Becoming a CLP was a solid step in my continuous career development. It was one more way to commit to and advocate for the equipment leasing industry."

Executive Director Reid Raykovich, CLP, said, “The CLP designation identifies an individual as a knowledgeable professional to employers, clients, customers, and peers in the equipment finance industry.”

There are currently 201 Certified Lease Professionals throughout the world.

For more information, call Reid Raykovich, CLP at (206) 535-6281 or visit www.clpfoundation.org.

Why I Became a CLP
http://www.leasingnews.org/CLP/Index.htm

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Leasing Industry Help Wanted

We are looking to grow our sales team!
Sales Managers and Sr. Account Executives

CalFirst is seeking seasoned sales professionals to join our sales team in Irvine, CA. Our sales professionals are responsible for originating equipment leasing and
secured loan opportunities with middle to
large size companies located nationwide.
Transactions range from $1,000,000 to $30,000,000.
For more information, please contact
recruiting at: (949) 255-0500 ext. 392
Email: bcrogan@calfirst.com

www.calfirst.com

National Sales Representatives
Experienced, with existing business to bring, all industries. Salary plus commission, good benefit package. AXIS - A, B, C lender for small and mid-ticket markets. Call Jean Harlow– 800.994.0016
email or forward resumes to: HR@Axiscapitalinc.com

axiscapitalinc.com
Growing with fast approvals and quick fundings

For information on placing a help wanted ad, please click here:
http://www.leasingnews.org/Classified/Hwanted/Hwanted-post.htm

Please see our Job Wanted section for possible new employees.

Drafting Leases for Commercially Reasonable
Disposition of Collateral
By Tom McCurnin
Leasing News Legal News Editor

Cases and Code Allows Lessors to Agree in Advance What a Commercially Reasonable Sale Might Be, But Not the Substantive Procedure

Financial Federal Credit v. Hartman 2010 WL 4918980 (S.D. Texas 2010)
In re Walter B. Scott, 436 B.R. 582 (Bankr. D. Idaho 2010)

Everyone knows that when a lessor disposes of the collateral after a default, it must do so in a commercially reasonable manner. However, the parties may, by agreement in the lease, define how a commercially reasonable sale is measured, so long as those standards are not “manifestly unreasonable.”

Two creditors, using the same form, recently came under fire by two Federal Courts for overstepping the bounds of contract. In both cases, the clauses attempted to define what was commercially reasonable, and how notice was to be given. The Courts had no problem striking the provisions.

If the equipment lessor wants to provide context and definitions for what is “commercially reasonable,” some of the possible clauses could include:

• Specifying the type and frequency of advertising;
• Allowing the lessor to sell the collateral without repairing or preparing the collateral for sale;
• Allowing the lessor to sell the collateral without warranties of title or quality;
• Providing a specific valuation method using well accepted independent brokers.

I have seen provisions in leases and loans which attempt to define a commercially reasonable sale by reference to a loan adjustment officer’s opinion, which, in these two cases, would probably not work.

The bottom line to these cases is that while a lessor can draft documents with an eye on what a commercially reasonable sale might be, the documents cannot define precisely what a commercially reasonable sale is.

Commercially Reasonable Case1 (19 pages)
http://www.leasingnews.org/PDF/CommerciallyReasonableCase2562014.pdf

Commercially Reasonable Case2 (9 pages)
http://www.leasingnews.org/PDF/CommerciallyReasonableCase1562014.pdf

Tom McCurnin is a partner at Barton, Klugman & Oetting in Los Angeles, California.

Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ave.
Suite 2200
Los Angeles, CA 90071
Direct Phone: (213) 617-6129
Cell (213) 268-8291
Email: tmccurnin@bkolaw.com
Visit our web site at www.bkolaw.com

Previous Tom McCurnin Articles:
http://www.leasingnews.org/Conscious-Top%20Stories/leasing_cases.html

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On Line Equipment Auction List

This is not a list of companies who hold auctions primarily, but those who conduct on line auctions.

asset-auctions.com	Online Auctions – Monthly Sales, Weekly Heavy Equipment Auction Every Tuesday. And Bi-Weekly Auctions From The Tennessee Department Of General Services Every Other Tuesday. Now part of Ritchie Bros. EquipmentOne
auctioneerexpress.com	Tractor, Mower, Dump Truck, Mower, Cutter, 13 Tire Roller
eBay.com	All types of Equipment
eBaymotors.com	Trucks and vehicles
govocon.com	Both live and virtual online auction format, light and heavy equipment for the construction and transportation industry
govliquidation.com	Mostly trucks and related equipment
HeavyEQ.govdeals.com	Heavy Equipment, Truck and Machinery Industry Online Gov't Surplus Auctions - Over 1,000 Government Clients
inplaceauction.com	Caters to lessors, lenders, and bankruptcy trustees, conducting both virtual and live auctions of all types of assets including: Agricultural, Medical, Industrial, Transportation, Trucks, Construction, Real Estate, etc. Appraisals - on site and desktop.
ironplanet.com	Cranes, Trailers, Equipment Trucks
motleys.com	Construction Equipment & Trucks
municibid.com	Municibid is an online government auctions website designed specifically for the sale of surplus and forfeited/seized goods directly by the government publicsurplus.com
PentonEquipmentAuctions.com	Specializes in government surplus auctions. Browse by equipment or by specific government auctions.
salvex.com	Salvaged equipment for both re-seller and end user.
tractorhouse.com	Mostly farm equipment
usgovbid.com	Government Online Auctions - Servicing Government Agencies for over a Decade

List of many auction sites for consumer and vehicle:
http://www.100auctionsites.com/

Online auction Top Ten Most Popular Sites
(Primarily for consumers or consumer merchandise)
http://online-auction-sites.toptenreviews.com/

Auction Zip
--primarily consumer
(find auctions anywhere)
http://www.auctionzip.com/

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Top Stories April 28--May 2
(You May Have Missed One)

Here are the top stories opened the most by readers:

(1) Archive--April 30, 2001
Leasing Salesmen Pay Surveyhttp://leasingnews.org/archives/Apr2014/4_30.htm#archive

(2) Survey on Salesman's Commission: New Request
http://leasingnews.org/archives/May2014/5_02.htm#survey

(3) Funding Conference Photographs
Courtesy Equipment Leasing and Finance Association
http://leasingnews.org/archives/Apr2014/4_30.htm#photos

(4) Lease Fleece Judge Verdict on Citibank Kingpin
http://leasingnews.org/archives/Apr2014/4_28.htm#fleece

(5) Report on the ELFA
26th Annual National Funding Conference
By Bruce Kropschot, The Alta Grouphttp://leasingnews.org/archives/Apr2014/4_30.htm#elfa

(6) Best-Performing Regional Banks of 2013
SNL Financial Chart
http://leasingnews.org/archives/Apr2014/4_28.htm#snl

(7) Iowa Federal Court Rules Hurricane Sandy Does Not Excuse
Lessee’s Obligations Under a GE Capital Copier Lease By Tom McCurninLeasing News Legal News Editor
http://leasingnews.org/archives/Apr2014/4_28.htm#iowa

(Tie) (8) Archives---May 1, 2000
Bruce Kropschot Re-Establishes Kropschot Financial Services
http://leasingnews.org/archives/May2014/5_02.htm#archives

(Tie)(8) Leasing 102 by Mr. Terry Winders, CLP
http://leasingnews.org/archives/Apr2014/4_28.htm#use
http://leasingnews.org/archives/Apr2014/4_28.htm#use

(10) 6th Bank to Fail has Tier 1 risk-based 11% capital ratio
by Christopher Menkin
http://leasingnews.org/archives/Apr2014/4_28.htm#bank_beat

(11) New Hires---Promotions
http://leasingnews.org/archives/May2014/5_02.htm#hires

John Kenny
Receivables Management

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

john@jkrmdirect.com | ph 315-866-1167| www.jkrmdirect.com

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

News Briefs----

FreightCar America Reports $6.9 Million Loss 1st Quarter
http://online.wsj.com/article/PR-CO-20140502-917308.html

CEO Bill Cooper makes money and news at TCF
http://www.leasingnews.org/PDF/BillCooper562014.pdf

Willis Lease Finance Earns $4.3 Million
http://online.wsj.com/article/PR-CO-20140505-903783.html

Banks in U.S. Eased Commercial Loan Policies, Fed Says
http://www.bloomberg.com/news/2014-05-05/banks-in-u-s-eased-commercial-loan-policies-fed-survey-shows.html

Mobile Services Boom
http://www.reuters.com/article/2014/05/02/regulations-summit-mobilephone-idUSL6N0NN19U20140502

Nearly $6 Billion Now Distributed to Madoff Victims
http://www.leasingnews.org/PDF/Nearly562014.pdf

Naomi Pomeroy wins Best Chef NW at 2014 James Beard Awards
http://www.oregonlive.com/dining/index.ssf/2014/05/

We are looking to grow our sales team!
Sales Managers and Sr. Account Executives

www.calfirst.com

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--You May Have Missed It

Best Tacos in the U.S.
http://www.sfgate.com/food/article/Best-tacos-in-the-U-S-5448927.php#photo-6250272

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SparkPeople--Live Healthier and Longer

Allergy-Proofing Your Home
Reduce Dust Mites, Dander, Mold and Pollen
http://www.sparkpeople.com/resource/wellness_articles.asp?id=843

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Basketball Poem

Makin’ Jump Shots

By Michael S. Harper

He waltzes into the lane
’cross the free-throw line,
fakes a drive, pivots,
floats from the asphalt turf
in an arc of black light,
and sinks two into the chains.

One on one he fakes
down the main, passes
into the free lane
and hits the chains.

A sniff in the fallen air—
he stuffs it through the chains
riding high:
“traveling” someone calls—
and he laughs, stepping
to a silent beat, gliding
as he sinks two into the chains.

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Sports Briefs----

Eagles sign 6-foot-9 Villanueva
http://espn.go.com/nfl/story/_/id/10885739/philadelphia-eagles-sign-alejandro-villanueva-6-foot-9-former-us-army-ranger

Patriots Draft Approach Shouldn't Be To Find Tom Brady's Successor, But To Find Him Help
http://www.boston.com/sports/touching_all_the_bases/2014
/05/tom_brady_teddy_bridgewater.html

Craig Robinson fired by Oregon State
http://www.sfgate.com/sports/college/article/Craig-Robinson-fired-by-Oregon-State-5454048.php?cmpid=hp-hc-sports

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California Nuts Briefs---

Yosemite National Park officials tell videographers to leave their drones at home
http://www.theverge.com/2014/5/4/5680466/yosemite-national-park-officials-tell-videographers-to-leave-their

Report: Casinos deal economy a boost
http://www.utsandiego.com/news/2014/may/05/casino-gambling-economy-blackjack-poker-california/

Surf & Turf Northern California Coast
http://www.sonomamag.com/surf-turf/#.U2g-OldBr_h

The annual California Mille takes off — four days and 1,000 miles around Northern California
http://blog.sfgate.com/topdown/2014/04/28/the-annual-california-mille-takes-off-four-days-and-1000-miles-around-northern-california/?cmpid=hp-hc-cars#22833101=0

Regaining her famous voice, Joan Baez returns to the world stage
http://www.marinij.com/marinnews/ci_25625644/lib-at-large-regaining-her-famous-voice-joan

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“Gimme that Wine”

http://www.youtube.com/watch?v=EJnQoi8DSE8

Powdered alcohol: Schumer calls on FDA to ban it because of potential abuse
http://www.silive.com/news/index.ssf/2014/05/
schumer_calls_on_fda_to_ban_po.html

New Zealand Wines Thrive Stateside, Led By Super-Premium Brands
http://www.shankennewsdaily.com/index.php/2014/05/05/9131/new-zealand-wines-thrive-stateside-led-by-super-premium-brands/

Press Democrat Wine Pick
http://www.pressdemocrat.com/article/20140505/lifestyle/140509791

Beaujolais, Freed From Clichés
http://www.nytimes.com/2014/04/09/dining/beaujolais-a-wine-that-appeals-to-the-soul.html?hp&_r=0

Tourism’s impact on Napa County must be analyzed
http://napavalleyregister.com/news/opinion/mailbag/tourism-s-impact-on-napa-county-must-be-analyzed/article_cb1ccc30-d182-11e3-ae37-001a4bcf887a.html

Free Mobile Wine Program
http://leasingnews.org/archives/Feb2010/2_26.htm#mobile

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

US/International Wine Events
http://www.localwineevents.com/

Winery Atlas
http://www.carterhouse.com/atlas/\

Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm

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1740- Birthday of John Penn, signer of the Declaration of Independence, born at Caroline County, VA. Died September 14, 1788.
http://www.rebelswithavision.com/JohnPenn.com/
http://www.colonialhall.com/penn/penn.asp
1775-The first Mason who was African-American was Prince Hall, initiated on March 6, 1775, in an army lodge that was stationed at Castle William under General Thomas Gage in or near Boston, MA. It operated under the Irish constitutions. When the British evacuated Boston, Hall and his fellow members were given a permit to form African Lodge No. 1, which they did on July 3, 1776. On June 30, 1784, after the Revolution, Hall and others applied to the Grand Lodge of England for a warrant, which was issued on September 29, 1784, to African Lodge No. 459, with Prince Hall as Master. The first meeting under the charter was held on May 5, 1787, in Boston, MA., but the lodge was not recognized by American Masons. The first African-American lodge to be so recognized was the Alpha Lodge of New Jersey, No. 116 Free and Accepted Masons, the warrant for which was granted at the Annual Communications of the Grand Lodge in Trenton, NJ, on January 19, 1871. The Masons at one time, was the largest "fraternal" organization in the United States and quite influential in all communities.
http://www.princehall.org/
http://www.bessel.org/masrec/pha.htm
1812-Birthday of Martin R. Delaney, ethnologist, Black newspaper publisher, the first African-American to receive a regular army officer commission (Major), and African-American nationalist.
http://www.spartacus.schoolnet.co.uk/USASdelaney.htm
http://afgen.com/delaney.html
1829- Birthday of Phoebe Ann Coffin, (aka Phebe Hanaford), first woman ordained in New England as a minister. PAC was a successful author in addition to being a Universalist minister.
http://www.cyberhymnal.org/bio/h/a/n/hanaford_pac.htm
1851-Dr. John Gorne of Apalachicola, FL, was granted a patent for a mechanical freezer, “an improvement in the process for the artificial production of ice." At a dinner on July 14, 1850, at the Mansion House, Apalachicola, Gorrie produced blocks of ice the size of bricks. He installed his system in the U.W. Marine Hospital in Apalachicola.
1856-Birthday of Robert E. Peary, who was thought to be the first to discover the North Pole. As reported in This Day in American History on May 3, the first airplane flight to the North Pole discovered he did not discover the "true" North Pole as originally claimed.
http://memory.loc.gov/ammem/today/may06.html
"...was piloted by Lieutenant Colonel William Pershing Benedict of San Rafael, CA, and copilot Lieutenant Colonel Joseph Otis Fletcher of Shawnee, OK. In 1997, historian Robert M. Bryce published the results of research indicating that no previous explorer succeeded in reaching the Pole, despite two long standing claims, and that Fletcher was the first human known to set foot on it. In addition, Dr. Albert Paddock Crary, who was in this party, on February 12, 1961, reached the South Pole by tracked vehicle as part of a scientific expedition. He became then the only explorer to set foot"
1856 - U.S. Army troops from Fort Tejon and Fort Miller prepared to ride out to protect Keyesville, California, from Yokut Indian attack.
1864 - General Sherman began to advance on Atlanta.
1877 -- Chief Crazy Horse surrenders to US troops, who later murder him (on Sept 5th he is bayoneted in the back on orders); Dakota Sioux Chief Sitting Bull leads 5,000 of his followers into Canada to ask protection from the Queen and to petition land for a reserve after defeating Gen. Custer and the US 7th Cavalry at the Little Big Horn. The Canadian government refuses.
1882 -- Congress passes the first Chinese Exclusion Act over the veto of President Garfield, making it unlawful for Chinese laborers to enter the US for the next 10 years and denying naturalized citizenship to the Chinese already here. Chinese immigration is essentially shut off for the next 60+ years, as the act is extended in both 1902 & 1904.
1884 -- Brokerage firm of Grant & Ward, in which former President Ulysses S. Grant was a silent partner, failed under the weight of $16,725,466 worth of debts. It soon became known that Ward was a swindler who had used Grant's "good" name to perpetuate one fraud after another.
1888-Birthday of Russell Stover, born in a sod house at Alton, Kansas, who became the founder of a candy company whose products can now be found in more than 20 countries around the world. Stover and his wife, Clara, launched their candy business from their home in Denver, Colorado, in 1923, with Clara as the sole production team and Russell the sales force. The venture was practically an overnight success with the Stovers opening their first factory the following year. At the time of his death at Kansas City, Missouri, on May 11, 1954, Russell Stover Candies was selling 11 million pounds of candy each year.
1895-Birthday of Rodolpho Alfonzo Rafaello Pietro Filberto Gugliemi Di Valentina D'Antonguolla, whose professional name was Rudolph Valentino, was born at Castellaneta, Italy. Popular cinema actor. For years press reports claimed that "at least one weeping veiled woman in black brought flowers to his tomb" in Hollywood Memorial Park, every year on the anniversary of his death at New York, NY. August 23, 1926
1899-Birthday of trombonist Charlie Irvis, New York City.
http://www.centrohd.com/biogra/i1/charlie_irvis_b.htm
1904-Country music pioneer Cliff Carlisle was born in Taylorsville, Kentucky. An associate of Jimmie Rodgers, he began his recording career in February 1930 with Rodgers's "T for Texas." During the next 18 months, Cliff Carlisle recorded more than a dozen of Rodgers' songs, and many other tunes sung in Rodgers' style. Cliff later formed a duo with his brother Bill, and they were popular throughout the '30s and '40s. Cliff Carlisle retired from music in 1947.
http://www.mustrad.org.uk/reviews/carlisle.htm
http://www.arhoolie.com/titles/7039.shtml
1915-George Herman " Babe" Ruth of the Boston Red Sox hit his first major league home run in a game against the New York Yankees in New York. http://www.baberuth.com/
1915-Birthday of Orson Welles, actor and director, at Kenosha, WI. “Citizen Kane”, which he directed and in which he played the title role, is one of the most influential films ever made. Other films in which he had a role include “The Third Man” and “The Magnificent Amersons”. A radio show he
did in the 1930's brought listeners to believe the Earth was invaded from Mars. Died at Los Angeles, CA, October 10, 1985.http://www.bway.net/~nipper/
1918- Canadian composer and teacher Godfrey Ridout was born in Toronto. During his association with the University of Toronto's Faculty of Music from 1948 until his retirement in 1982, he guided some of Canada's most famous musicians. As a composer, Ridout will be best remembered for his orchestral pieces, including "Music for a Young Prince," commissioned for the opening of the St. Lawrence Seaway in 1959 and composed with Prince Charles in mind. Ridout died in 1984.
http://www.musiccentre.ca/CMC/dac_rca/eng/p_/Ridout_Godfrey.html
1928-The longest footrace in history began at City Hall in New York City. It concluded on July 24 in San Francisco, 3,415 miles later. 60-year-old Abraham Lincoln Monteverde, a veteran of more than 100 marathons, not only won the race, but he was also the only competitor to finish.
1931-Birthday of Willie Howard Mays, Hall of Fame outfielder, born at Westfield, AL. Nicknamed "The Say Hey Kid," he spent the majority of his Major League Baseball (MLB) career as a center fielder with the New York and San Francisco Giants before finishing with the New York Mets. He was elected to the Baseball Hall of Fame in 1979, his first year of eligibility. Mays won two MVP awards and shares the record of most All-Star Games played with Hank Aaron & Stan Musial. Ted Williams said, "They invented the All-Star Game for Willie Mays." Mays ended his career with 660 home runs, third at the time of his retirement, and currently fourth all-time. He was a center fielder and won a record-tying 12 Gold Gloves starting the year the award was introduced six seasons into his career.((True Story: Willie Mays and his partner wanted a lease for video stores when American Leasing

was up and running, but my former partner turned him down (It took the two of use to approve a credit). He said he didn't want to sue Willie Mays, if he defaulted.))
http://www.baseballhalloffame.org/hofers_and_honorees/
hofer_bios/mays_willie.htm
http://sportsillustrated.cnn.com/baseball/mlb/all_time_stats/players/
m/42662/index.html

1933 - Charleston, SC, was deluged with 10.57 inches of rain, an all- time 24 hour record for that location.
1936-Birthday of singer Sylvia Robinson (Mickey and Sylvia). Born Sylvia Vanderpool in New York City. Singer/songwriter/producer/ label owner. In mid-'50s, teamed with Mickey Baker to form the performing duo Mickey & Sylvia. Had million-selling "Love Is Strange" in 1956-57. Married Joe Robinson and founded All Platinum Records which later became Sugar Hill Records, the first major rap label.
http://www.picosearch.com/cgi-bin/ts.pl
1937-At 7:20pm, the German dirigible Hindenburg exploded as it approached the mooring mast at Lakehurst, NJ, after a trans-Atlantic voyage. Of its 97 passengers and crew, 36 died in the accident, which ended the dream of mass transportation via dirigible. Several theories involve sabotage, just plain bad luck, and a combination thereof, given that this tragedy occurred in the US during Hitler’s rise to power in Europe.
http://www.vidicom-tv.com/tohiburg.htm
1939- Herbie Cox born, lead singer of the '50s and '60s vocal group the Cleftones.
http://www.destinationdoowop.com/cleftones.htm
1940 -- John Steinbeck's “The Grapes of Wrath” wins the Pulitzer Prize as most distinguished novel of 1939. He gets the Nobel Prize for Literature in 1962. Banned in 1980 in two Iowa high school sophomore classes after a parent complained the book was "profane, vulgar, & obscene. “The head of the school board defended the action, noting the US was "going pell mell downhill" morally & they were reversing the trend.
http://steinbeck.sjsu.edu/home/
1942—Double bassist David Freisen birthday; perhaps best known

as jazz electric bass player.
http://www.globalbass.com/archives/may2001/david_friesen.htm

1942 – U.S. Lieutenant General Jonathan Wainwright surrenders all U.S. troops in the Philippines to the Japanese. The island of Corregidor remained the last Allied stronghold in the Philippines after the Japanese victory at Bataan (from which General Wainwright had managed to flee, to Corregidor). Constant artillery shelling and aerial bombardment attacks ate away at the American and Filipino defenders. Although still managing to sink many Japanese barges as they approached the northern shores of the island, the Allied troops could hold the invader off no longer. General Wainwright, only recently promoted to the rank of lieutenant general and commander of the U.S. armed forces in the Philippines, offered to surrender Corregidor to Japanese General Homma, but Homma wanted the complete, unconditional capitulation of all American forces throughout the Philippines. Wainwright had little choice given the odds against him and the poor physical condition of his troops (he had already lost 800 men). He surrendered at midnight. All 11,500 surviving Allied troops were evacuated to a prison stockade in Manila. General Wainwright remained a POW until 1945. As a sort of consolation for the massive defeat he suffered, he was present on the USS Missouri for the formal Japanese surrender ceremony on September 2, 1945. He would also be awarded the Congressional Medal of Honor by President Harry Truman. Wainwright died in 1953-exactly eight years to the day of the Japanese surrender ceremony.
    1944 - The first flight of the Mitsubishi A7M fighter (designed to replace the Zero) takes place. Technical problems and Allied bombing raids prevent mass production.
    1945--Birthday of singer, musician Bob Seger, Ann Arbor, Michigan.
    1948 - May 6, 1948- KNXT (now KCBS) TV channel 2 in Los Angeles CA (CBS) 1st broadcast
    1951- Liz Taylor's 1st divorce (Conrad Hilton Jr)
http://www.bestofcolumbus.com/fussichen/otde.htm
http://www.who2.com/conradhilton.html
1953-Alva "Bobo" Holloman of the St. Louis Browns pitched a no-hitter in his first major league start, defeating the Philadelphia Athletics, 6-0. Holloman never pitched another complete game in his career which lasted just another 21 games. His early appearances with the Browns, all in relief, yielded an ERA close to 9.00. Undaunted, the confident Holloman pestered manager Marty Marion to give him a chance as a starter. He took the mound in that capacity for the first time on the rainy night of May 6, 1953 before a hometown crowd of 2,473 and no-hit the Athletics 6-0. The 29-year-old rookie embellished his performance with three RBI and his only two hits in the majors. His major league career was over before the end of 1953.
http://www.pubdim.net/baseballlibrary/ballplayers/H/Holloman_Bobo.stm
http://www.baseball-reference.com/h/hollobo01.shtml
http://www.pubdim.net/baseballlibrary/sabr/tbi/H/Holloman_Bobo.tbi.stm
1954-Running for the British Amateur Athletic association in a meet at Oxford University, Roger Bannister broke the four-minute barrier with a time of 3:59:4. Four minutes for a mile at the time was considered not only a physical barrier but also a psychological one. In this epic race, Bannister relied on two teammates to pace him. Chris Brasher helped Bannister for the first two laps with times of 57.5 and 1:58.2. Chris Chataway sprang to the lead for the third quarter (3.00:5). Bannister followed Chataway around the curve and started his kick on the backstretch. He sprinted past Chataway and, as he broke the tape, into track history. But his record lasted little more than a month, until John Landy of Australia ran 3:58.0 on June
21.
1957 - Senator John Fitzgerald Kennedy of Massachusetts was awarded the Pulitzer Prize for his book "Profiles in Courage".
http://www.johnfkennedy.org/
1957-Eugene O'Neill became the first writer to win a Pulitzer Prize four times for drama: 1957,"for his play "Long Day's Journey into Night." His other awards were in 1920 for “Beyond the Horizon," in 1922 for "Anna Christie," and in 1928 for "Strange Interlude."
http://www.almaz.com/nobel/literature/1936a.html
http://www.eoneill.com/
1958-Top Hits
Tequila - The Champs
The Witch Doctor - David Seville
Wear My Ring Around Your Neck - Elvis Presley
Oh Lonesome Me - Don Gibson
1959 - The Pablo Picasso painting of a Dutch girl was sold for $154,000 in London. It was the highest price paid to that time for a painting by a living artist.
1963-William Faulkner wins a posthumous for his book “The Reiver.”
1964-The first election in the District of Columbia was the primary election, when the Reverend Edward Franklin Jackson, a Methodist minister who was African-American, defeated Frank Daniel Reeves for the office of Democratic committee-man.
1965-James Brown reworks a song called "I Found You" by Yvonne Fair and comes up with "I Got You (I Feel Good)”. It will become the biggest hit of his career, reaching #3 in the US.
    1965 - While preparing to go to sleep in his hotel room while on tour in Clearwater, FL, the Rolling Stones' Keith Richards fools around with his new Gibson "fuzz box" amp and discovers a new guitar riff, one he likes so much he starts his tape recorder and plays it over and over until he falls asleep. When he awakens the next day, he finds a tape full of one guitar riff and about twenty minutes of snoring; bringing the riff to Mick Jagger at the hotel pool, the two begin composing their breakthrough hit, "(I Can't Get No) Satisfaction."
1967-Two weeks after being pushed out of the top spot on the Cashbox Best Sellers list by The Monkees' "A Little Bit Me, A Little Bit You", Nancy and Frank Sinatra return to the top spot with "Something Stupid".
1966---Top Hits
Good Lovin' - The Young Rascals
Monday Monday - The Mamas & The Papas
Sloop John B - The Beach Boys
I Want to Go with You - Eddy Arnold
1968-PATTERSON, ROBERT MARTIN Medal of Honor
Rank and organization: Sergeant, U.S. Army, Troop B, 2d Squadron. 17th Cavalry. Place and date: Near La Chu, Republic of Vietnam, 6 May 1968. Entered service at: Raleigh, N.C. Born: 16 April 1948, Durham, N.C. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Sgt. Patterson (then Sp4c.) distinguished himself while serving as a fire team leader of the 3d Platoon, Troop B, during an assault against a North Vietnamese Army battalion which was entrenched in a heavily fortified position. When the leading squad of the 3d Platoon was pinned down by heavy interlocking automatic weapon and rocket propelled grenade fire from 2 enemy bunkers, Sgt. Patterson and the 2 other members of his assault team moved forward under a hail of enemy fire to destroy the bunkers with grenade and machinegun fire. Observing that his comrades were being fired on from a third enemy bunker covered by enemy gunners in l-man spider holes, Sgt. Patterson, with complete disregard for his safety and ignoring the warning of his comrades that he was moving into a bunker complex, assaulted and destroyed the position. Although exposed to intensive small arm and grenade fire from the bunkers and their mutually supporting emplacements. Sgt. Patterson continued his assault upon the bunkers which were impeding the advance of his unit. Sgt. Patterson single-handedly destroyed by rifle and grenade fire 5 enemy bunkers, killed 8 enemy soldiers and captured 7 weapons. His dauntless courage and heroism inspired his platoon to resume the attack and to penetrate the enemy defensive position. Sgt. Patterson's action at the risk of his life has reflected great credit upon himself, his unit, and the U.S. Army.
    1970 - HOWE, JAMES D. Medal of Honor
Rank and organization: Lance Corporal, U.S. Marine Corps, Company I, 3d Battalion, 7th Marines, 1st Marine Division. Place and date: Republic of Vietnam, 6 May 1970. Entered service at: Fort Jackson, S.C. Born: 17 December 1948, Six Mile, Pickens, S.C. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as a rifleman with Company I, during operations against enemy forces. In the early morning hours L/Cpl. Howe and 2 other marines were occupying a defensive position in a sandy beach area fronted by bamboo thickets. Enemy sappers suddenly launched a grenade attack against the position, utilizing the cover of darkness to carry out their assault. Following the initial explosions of the grenades, L/Cpl. Howe and his 2 comrades moved to a more advantageous position in order to return suppressive fire. When an enemy grenade landed in their midst, L/Cpl. Howe immediately shouted a warning and then threw himself upon the deadly missile, thereby protecting the lives of the fellow marines. His heroic and selfless action was in keeping with the finest traditions of the Marine Corps and of the U.S. Naval Service. He valiantly gave his life in the service of his country.
1970 -- Between today & about the 20th, student strikes disrupt 448 colleges, involving 1 million+ students (possibly as many as "4 million students"; Todd Gitlin believes 750+ campuses (of 2500 nationwide), with demonstrations at 1200+ demonstrations against sending troops to Cambodia) Stanford University experiences "worst riots in its history."
75 campuses stayed closed thru rest of the school year).
http://world.std.com/obi/Emi.Anthology/tears.html
    1971 - Ike and Tina Turner's "Proud Mary" is certified gold
1972-Elton John's "Rocket Man" is released in the US, where it will reach #6.
1973-The New England Whalers won the first championship of the World Hockey Association. They defeated the Winnipeg Jets, 9-6, to win the final series, four games to one. Both teams later moved into the National Hockey League.
1973- Paul Simon began his first solo tour in Boston, three years after splitting up with Art Garfunkel. Some of the shows were recorded and selections released on the following year's "Live Rhymin'" album.
1974---Top Hits
The Loco-Motion - Grand Funk
Dancing Machine - The Jackson 5
The Streak - Ray Stevens
Things Aren't Funny Anymore - Merle Haggard
    1975 - A massive tornado hit Omaha, NE, killing three persons, injuring 133 others, and causing 150 million dollars damage. The tornado struck during the late afternoon, moving northeastward through the industrial and residential areas of west central Omaha, and lifting over the northern section of the city. The twister, which cut a swath ten miles long and as much as a quarter of a mile wide, was the mostly costly in U.S. history up until that time.
1977-Ten weeks after entering the Billboard singles chart, The Eagles' masterpiece, "Hotel California" became the band's fourth US #1 hit.
1980 - NBC came to terms with its superstar, Johnny Carson, on this day. Johnny signed a new three-year contract for approximately $5-million a year. Carson also reduced his “Tonight Show" to one hour from ninety minutes and cut his work week to four nights. Plus, he got billing in the show's title, as it became "The Tonight Show starring Johnny Carson".
http://www.johnnycarson.com/carson/indexflash.jsp
1982 - Gaylord Perry of the Seattle Mariners became the 15th pitcher in the major leagues to win 300 career victories. Perry, known for his spitball as well as a variety of other pitches, led the Mariners past the New York Yankees 7-3. He was long suspected of doctoring the baseball with his saliva, and finally admitted it long after retiring. Perry pitched for eight different teams over 22 years and won 314 games.
http://www.baseball-reference.com/p/perryga01.shtml1982
--Top Hits
I Love Rock 'N Roll - Joan Jett & The Blackhearts
Chariots of Fire - Titles - Vangelis
Ebony and Ivory - Paul McCartney with Stevie Wonder
Mountain Music - Alabama
1984- Tina Turner's comeback hit, "What's Love Got to Do With It," was released. The song went to number one, won Grammys for record and song of the year, and established Turner as a major solo star.
    1986- The Rev. Donald E. Pelotte, 41, was ordained in Gallup, New Mexico -- the first American Indian to be made a Roman Catholic Bishop in the U.S.
http://www.phillyburbs.com/drexel/news/1005bishop.htm
http://www.dioceseofgallup.org/
1986 - From the What an Ungrateful Thing to Do, Joan file: Comedienne, Joan Rivers, put her foot in her mouth by announcing to the world that she was leaving "The Tonight Show" as permanent guest host to begin her own late-night gabfest on the new FOX TV Network. She never again appeared on “The Tonight Show” during the remainder of Johnny Carson’s reign, nor those of Jay Leno or Conan O’Brien. It was only in 2014, with the debut of Jimmy Fallon as the new “The Tonight Show” host following Jay Leno’s retirement, that Rivers appeared again. http://www.joanrivers.com/
    1987 - Eighteen cities in California and Oregon reported record high temperatures for the date. Highs of 91 degrees at Portland OR, 101 degrees at Medford OR, and 104 degrees at Sacramento CA, were the warmest of record for so early in the season
1988-" Have another doughnut, you fat pig!" After a 6-1 loss to the Boston Bruins in the Stanley Cup playoffs, New Jersey Devils Coach Jim Schoenfeld confronted referee Don Koharski as the officials left the ice. In a scuffle, Kobarski either fell, or was pushed, causing Schoenfeld to mock him with the insult, “Have another doughnut, you fat pig!" The league suspended Schoenfeld without a hearing, but a judge granted the Devils request for an injunction, in response, regular officials chose not to work the next Devils-Bruins game. Instead, an amateur referee handled the game assisted by two off-ice officials acting as linesmen. The Devils won, 3-1.
    1989 - Sixteen cities in the north central U.S. reported record low temperatures for the date. Morning lows of 17 at Bismarck ND and 26 at Minneapolis MN were the coldest of record for so late in the season. A reading of 43 degrees at the start of the Kentucky Derby was the coldest in 115 years of records. Light snow was reported in the Upper Midwest, with an inch reported at Chicago IL
1990---Top Hits
Nothing Compares 2 U - Sinead O'Connor
I Wanna Be Rich - Calloway
How Can We Be Lovers - Michael Bolton
Love on Arrival - Dan Seals
1992- Bruce Springsteen unveiled his new band at a surprise show at the Bottom Line in New York. The only holdover from the E Street Band was keyboardist Roy Bittan. The four-piece group backed Springsteen on "Saturday Night Live" three nights later. "The Boss" opened his world tour in Stockholm nine days after his New York appearance.
    1997 - The Rock and Roll Hall of Fame holds its twelfth annual induction ceremonies, for the first time in Cleveland, Ohio, home of the Hall itself. The Jackson 5, The Bee Gees, The Young Rascals, Joni Mitchell, Buffalo Springfield, and Parliament-Funkadelic are all inducted. Mitchell decides not to accept her award in person after having just publicly reconciled with the daughter she gave up for adoption three decades earlier.
1998-Chicago Cubs rookie pitcher Kerry Wood set the National League record and tied the major league record for most strikeouts in a 9-innning game when he fanned 20 Houston Astros in a 2-0 Chicago win. Roger Clements set the major league record in 1986 and tied it in 1996. The former modern National League Mark, 19, was held by three pitchers, Steve Carlton, Tom Seaver and David Cone.
http://sportsillustrated.cnn.com/baseball/mlb/players/14836/index.html
    2002 - The Guinness Hit Singles book listed "Bohemian Rhapsody" by Queen as the UK's favorite single of all time, followed by "Imagine" by John Lennon, "Hey Jude" by The Beatles, "Dancing Queen" by ABBA and "Like a Prayer" by Madonna.
2006--Nancy Sinatra unveiled her star on the Hollywood Walk of Fame as she celebrated forty years in music since the debut of her 1966 hit "These Boots Are Made for Walkin".
    2008 - Cher returns to the stage with the first of 200 planned shows at the Las Vegas Coliseum, marking her final three-year retirement tour. (Only 78 shows would be performed.)
    2010 - From 7 a.m. till past midnight, more than 10,000 Tigers fans, some who wait more than eight hours in line at Comerica Park, pay their respects to the beloved broadcaster Ernie Harwell. The open casket is placed near the ballpark's life-sized statue of the Hall of Famer, depicting the announcer with a microphone in his hand, along with the inscription, “The Tigers’ broadcasting legend and masterful storyteller for 42 seasons.”
    2012 - Over 300 guests, including Chubby Checker, Berry Gordy, Paul Anka, Marie Osmond and Stevie Wonder, gathered on the grounds of Dick Clark's Malibu estate for a private memorial service. Clark's three children spoke first, followed by his widow Kari, who read a list of "65 reasons I love Dick Clark." The long-time host of TV's American Bandstand and “The World’s Oldest Teenager” died April 18 of a heart attack.

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