|
Leasing Sales Manager
Develop & lead sales force in a fast track
company. Our phenomenal growth provides this great opportunity, 5+ years exper. working w/brokers. Relocate to beautiful
San Antonio, Texas. resumes@swcreditlender.com
|
|
Wednesday, September 5,2005
Headlines---
Classified Ads --- Contract Administrator and Credit
Top Searches 9/26 - 9/30
Funders Only
Cartoon --- Sales
Sales Make it Happen
Leasing Association Open to Non-Members
Classified Ads --- Help Wanted
Key Equipment Finance Names Vice President, Vendor Financing, Canada
Today's Top Event in History
This Day in American History
######## surrounding the article denotes it is a "press release"
Classified Ads --- Contract Administrator and Credit
Contract Administrator
New York, NY.
10+ years in equipment leasing/secured lending. Skilled in management & training, documentation, policy and procedure development & implementation, portfolio reporting. Strong work ethic.
Email: dln1031@nyc.rr.com
Portland, OR.
6+ years small ticket leasing/financing. Documentation/funding Policy development &implementation, management &training, process mapping, customer service, broker, vendor, portfolio experience.
Email: susanc777@hotmail.com
Credit
Atlanta, GA.
10 yrs experience in credit/collections/recovery/documentation in the leasing industry. P&L responsibility, team builder & strong portfolio mgnt skills.
email: mortimerga@adelphia.net
Boston Ma.
Challenging position where my skills, professional experience, organization, leadership, strategic thinking, creativity, energy, passion, competitive nature will enable me to define opportunities and personal development.
Email: bernd.janet@verizon.net
Corona, CA.
VP credit Consumer Credit prime/sub prime Auto lending/leasing/mortgages. 20+yrs exp. If you are looking for someone to affect the bottom line I am that person. Will relocate.
Email: amosca2000@yahoo.com
Credit/Documentation: Fort Lee NJ
3 Years Experience. Looking in NJ/NY.
Email: angitravis@mail.com
Irvine, CA,
I have over 16 years of Credit/Collection experience in the finance industry. Prompt results, extremely effective and knowledgeable, professional, excellent manager and team player.
Email: newportresources@sbcglobal.net
Los Angeles, CA
Over 15 years experience in Credit/Operations with Small Ticket and transactions up to $500,000.00. CLP, with excellent relationships with most major lenders.
Email: jonbh123@earthlink.net
Mill Valley, CA
Senior corporate officer with financial services credit background. M and A, fund raising and workout expertise.
Email: nywb@aol.com
New Jersey, NJ
Credit Analyst with 10+ years experience in small-ticket lending up to $500,000. Experience with both vendor-direct and with brokers.
Email: b.leavy@worldnet.att.net
New York, NY.
V.P. Credit & Collections w/23 years exp.looking for a situation where I can utilize my varied & extensive knowledge of credit/collections/risk-management & leasing.
Email: rcouzzi@yahoo.com
Portland, OR.
Well known Equipment Leasing Industry Professional (Credit Analyst) with 17 years experience working in the Portland, Oregon area for three major Fortune 500 Funding Sources.
Email: jimmyfrank@verizon.net
| RESUME |
Credit/Operations Manager: Orange, CA.
15 years exper., looking for a new home. Have handled both middle/ large ticket transaction, plus muni & international finance.
email: equiplender@aol.com
Senior Credit Officer
experienced in middle-market leasing; structured, vendor and 3rd party to the fortune 1000. Proactive team builder, originations capable with strong work ethic.
Email: kyletrust@hotmail.com
For a full listing of all "job wanted" ads, please go to:
http://216.66.242.252/AL/LeasingNews/JobPostings.htm
To place a free "job wanted" ad, please go to:
http://216.66.242.252/AL/LeasingNews/PostingForm.asp
[headlines]
----------------------------------------------------------------
Top Searches 9/26 - 9/30
CMC/Commercial Money Center Stories
http://www.leasingnews.org/Conscious-Top%20Stories/CMC_stories.htm
Preferred Lease/Capitalwerks
Site no longer available
NorVergence
http://www.leasingnews.org/Conscious-Top%20Stories/Novergence_main.htm
Corporate Capital Leasing Group Grows to 24 Offices
http://www.leasingnews.org/Conscious-Top%20Stories/Corp_cap_grows.htm
Orix
http://www.leasingnews.org/list_alpha_new.htm#orix
Capitalstream
http://www.leasingnews.org/list_alpha_new.htm#cap2
An Autumn Dream---Broker Relations at CIT
http://www.leasingnews.org/Conscious-Top%20Stories/Autumn_Dream.htm
BSB Moves into New Digs, Expands "Risk Adjusted" Program
http://www.leasingnews.org/Conscious-Top%20Stories/BSB_New_digs.htm
Wheeler (Sean Wheeler most read)
http://www.leasingnews.org/Conscious-Top%20Stories/sean_wheeler.htm
Summit (Summit National Files Chapter 11 Bankruptcy
http://www.leasingnews.org/Conscious-Top%20Stories/Summit_nat.htm
[headlines]
----------------------------------------------------------------
Funders Only
( for funders specializing in "Story Credits, " please click here
for "super brokers," who primarily broker leases, click here )
There is no advertising fee or charge for a listing. They are “free.”Leasing News makes no endorsement of any of the companies listed, except they have qualified to be on this specific list.
To qualify for this list, the company must be a "funder" and not a broker or superbroker, along with an acceptable Better Business Bureau Rating and no history of complaints at Leasing News. We reserve the right to not list a company who does not meet these qualifications.
We encourage companies who are listed to contact us for any change or addition they would like to make. Adding further information as an "attachment" or clarification of what they have to offer would be helpful to readers is very much encouraged.
A -Accepts Broker Business | B -Requires Broker be Licensed | C -Sub-Broker Program
| D -"Private label Program" | E - Also "in house" salesmen
Rank |
Name
In Business Since
Contact
Website
Leasing Association |
Employees |
Geo
Area |
Dollar
Amount |
Equipment Restrictions |
A |
B |
C |
D |
E |
1 |
TCF Equipment Finance
11100 Wayzata Blvd., Ste 800
Minnetonka, MN 55305
800-247-4011
800-247-4018 - Fax
1999
Kathie Shuman, ext 22
kshuman@tcfef.com
Patty Weaver, ext 24
pweaver@tcfef.com
ELA, NAELB (D) |
190 |
Nationwide |
$10,000 + |
Please Contact Rep. |
Y |
Y
in
CA |
N |
Y |
Y |
2 |
|
136 |
US except: Alaska, Arkansas & Louisiana |
$5,000 - $250,000 |
See comments |
Y |
Y |
Y |
Y |
Y |
3 |
NetBank Business Finance
1988
Rich Viola
800-669-0222 ext. 8225
Fax 800-669-8102
rviola@netbankbusinessfinance.com
www.netbankbusinessfinance.com
EAEL, ELA, NAELB, UAEL (E)
|
70 |
the contiguous US minus VT |
$5,000 to $1,000,000 |
Please visit out website for this information. |
Y |
Y
in
CA & NC |
Y/N |
Y |
N |
4 |
|
45 |
National (U.S.) lender |
$25,000 - $1Million
(typically $100,000 - $350,000) |
post-production, mining, aircraft, vessels, gaming, ATMs, tanning |
Y |
N |
N |
Y |
Y |
5 |
Madison Capital
1997 (formed by merger of Harbor Leasing, started 1983, & Fox Valley Leasing, started 1974)
Nancy Pistorio, VP 410-653-6269 ext. 125
npistorio@madisoncapital.com or Allen Levine, COO 410-653-6269 ext. 117 alevine@madisoncapital.com
www.madisoncapital.com
EAEL ,ELA, NAELB, NVLA (F)
|
27 |
U.S., Canada, Puerto Rico |
$5,000 to $450,000, Vehicles: Unlimited |
Tanning beds, owner operators, HVAC, restaurant hoods, boats |
Y |
N |
N |
Y |
Y |
6 |
Pioneer Capital Corporation
(A wholly-owned subsidiary of IFC Credit Corporation)
1983
John Boettingheimer VP/General Manager
800.521.1308
www.PioneerFunding.com
NAELB, UAEL (A) |
20 |
50 U.S. States |
$5,000 minimum (no maximum) |
ATM , aircraft, energy management, livestock, tanning, copiers, vending, website development.
For more visit our website. |
Y |
N |
N |
Y |
N |
7 |
ICB Leasing Corp.,
2004 (Our parent, Independence Community Bank, was established
in 1850.)
Ira Romoff at 212-209-9177,
e-mail: iromoff@icbny.com or
Jean Cutting at 212-209-9178
e-mail: jcutting@icbny.com
EAEL, ELA (G) |
17 |
Nationwide |
$75,000 to $5 million |
No aircarft or marine vessels |
Y |
Y |
N |
Y |
Y |
8 |
|
10 |
11 Western State |
$10,000.00 - $250,000.00 |
None. We fund in case by case basis. |
Y |
Y |
N |
N |
Y |
9 |
|
5 |
Northern California |
$5K - $500K |
Standard |
Y |
N |
Y |
N |
Y |
(A) Pioneer Capital originates all it's paper from brokers - 100%. Pioneer is a full service funding company that holds 100% of its transactions internally. We have over $150 million in small ticket leasing lines. We offer "A", "B" and in some circumstances "C+" credit coverage. We also offer franchise, medical, and new business leasing programs. Accepts Broker Business - to apply for to http://www.pioneerfunding.com/becomebroker.html. Private Label Program - Pioneer offers private label documents and discounting programs to eligible brokers.
(B) BWC Equipment Leasing only funds deals in Northern California. Sub-broker accepted only is disclosed up-front. Broker must sign "Representation and Warranty" broker agreement.
(C) Dolsen Leasing, see our Broker Application at www.dolsenleasing.com . While we do not require brokers to be licensed, we do a background check on all prospective brokers. While we have both inside and outside sales people, we are always open to expanding our broker network.
(D) TFC Equipment Finance is a wholly owned subsidiary of TCF National Bank (TCF). TCF is a subsidiary of TCF Financial Corporation.
TCF Financial Corporation (TCF) is a $12 billion national financial services holding company. TCF trades on the NYSE under the symbol TCB.
(E) NetBank Business Finance accepts sub-brokered transactions only from a select, pre-approved group of broker/lessors. NBF is a wholly owned subsidiary of NetBank, Inc. and will occasionally accept lease and loan referrals from other NetBank companies.
(F) Madison Capital - Broker should be in business at least 2 years. Private Label program requires six months positive experience working with them; and only after the 6 month term we offer the brokers or discounter a contract that allows them to put their name on it, primarily for marketing purposes. We originate business through both direct sales and indirect sales. However, we offer broker protection and are extremely vigilant about it. One clarification. We do offer financing to restaurants, but not for their exhaust hoods, an item we are frequently asked about.
(G) ICB Leasing - Business is conducted only with approved brokers. In addition, Brokers must not only be approved by ICB but licensed where appropriate. We will permit use of ICB Leasing Corp. lease docs in approved originators name and purchase/take assignment of lease.
(H) Balboa Capital:
A - Accepts broker business
B - request appropriate state licenses be obtained.
C - No sub broker allowed without written consent.
D - Broker can be listed as Lessor, receive advance payments, and assign to Balboa. Balboa pays the vendor.
E - Balboa has a large internal sales force that solicits directly to the end user. Broker customers are excluded from any calling list and our Broker Agreement specifically states your accounts will not be solicited while a customer of Balboa.
| Restricted Equipment: |
| All roof top equipment |
Amusement Park/Carnival |
Artwork |
| ATM's |
Aircraft |
Auto phone dialers |
| Used copier and computers |
Canopy's |
Portable Bldg. |
| Energy management |
Fencing |
Fixtures |
| Water coolers |
Invasive medical |
Livestock |
| Molds |
Environmental hazardous |
Pay phones |
| Satellite dishes |
Signs |
Spray booths (EPA certificate is required) |
| Truck scales |
Underground tanks |
School buses |
| Gaming |
|
|
(I) BUTLER CAPITAL - For nearly three decades, Butler has purchased loans and leases - individually or in portfolios - from lessors and brokers nationally. Butler 's inclusion in the 2005 edition of the "Monitor 100" underscores the firm's commitment to funding deals quickly, structuring deals professionally, and avoiding the limitations of app-only credit scoring. As a direct lender with wholesale lines of credit ready to be tapped for our broker/lessor clients, we pride ourselves on common-sense, individualized credit decisions on a wide variety of equipment. We invite no-obligation calls! Butler does not require brokers be licensed except those in states that require such licensing. We welcome both opportunities to fund brokers' transactions under our name or create private-label programs to enable brokers to market their own services more broadly. Although Butler has in-house sales personnel, we do not solicit the customers of our broker/lessor clients; rather, we work to preserve and enhance a broker's relationship with his/her customer.
[headlines]
---------------------------------------------------------------
Cartoon -- Sales
[headlines]
----------------------------------------------------------------
Sales Make it Happen
CEO Masters with Clay Feet
Today, more than ever, professional salespeople should become valued resources for senior executives. Even celebrity CEO's need help - often now, and sometimes again! Take Donald Trump, better known by some as "The Donald." The recession of the early 1990's brought Trump's business to bankruptcy and brought him to the brink of personal bankruptcy. In 2004, hundreds of thousands of aspirants began competing on TV to become The Apprentice. At the same time, The Donald faced a major crisis at Trump Hotels and Casino Resorts, Inc. Not only was his company short of cash and 1.8 billion dollars in debt, but also it had never been profitable since becoming a public company in 1995. A CEO could lose an apprentice over this type of performance!
More often than not salespeople stand in awe of senior executives, especially CEO's. If you look at Mr. Trump's predicament, you see that even smart, experienced CEO's and senior executives fall prey to poor business decisions, encroaching competition and economic and environmental contingencies that affect their enterprises.
Want more evidence? The largest business consulting firms tell us that 80% of mergers and acquisitions fail to add to shareholder value, 33% of the public companies that file BK reorganization restructure or file permanent bankruptcy within five years, and the overall failure rate for public companies is 20-30%. It should be clear that CEO's and senior executives need all the help they can get so they can make the most informed decisions possible. With adequate preparation and confidence, many sales professionals will find themselves in the best position to deliver the information senior executives need to effectively run successful businesses.
Do you have any unusual insights, thoughts or knowledge you can share with senior executives? Is there anything you can do or say that might make them smarter? Thinking about this may take some time, but the investment in time can pay huge dividends in the form of continued access to senior executives and their loyalty to you and your company.
--- from the desk of a retired, successful leasing company president.
|
[headlines]
----------------------------------------------------------------
Leasing Association Meetings Open to Non-Members
Oct. 21-22, 2005
Western Regional Meeting
National Association of Equipment Brokers
Hilton Irvine, Irvine
Hilton Irvine
18800 MacArthur Boulevard
Irvine, CA 92612
Join us in sunny Irvine for networking, education, and to
meet new funding sources.
IMPORTANT NOTICE: We have sold out of our block of Standard rooms at the Hilton Irvine Hotel at the $94.00 rate but we have arranged for more rooms to be available to attendees at the Executive Level for a discounted rate of $124.00 per night. These newly Upgraded Executive Rooms have Contemporary Decor, access to the Executive Lounge, High Speed Internet by Wayport, 2 phone lines, Wolfgang Puck Coffee, Hairdryer, Bathrobe, Iron/Board and Turndown Service. The Executive Lounge serves complimentary Continental Breakfast Daily; evening Hors D'Oeuvres and Beverages Monday-Thursday and Non Holidays. USA Today and French Balconies are available. All rooms are equipped with Hilton Serenity Bedding Package. We apologize for any inconvenience for this popular event. You can make your reservations by calling the Hilton at (800) 445-8667.
If you are attending the Western Regional, the Introduction to the CLP Program is very important. Friday, October 21, 2005 1:00 PM - 4:00 PM
Anyone who is serious about their career in leasing must reserve a seat for this workshop. Find out the answers to:
Why you should become a CLP? What will a CLP designation do for you? You will gain valuable insight into the steps necessary to become a CLP and learn what valuable materials and special programs are available to assist you with your studies. Also, to give you a feel for the exam, we have prepared a short ten minute sample exam for you to test your knowledge.
PLUS A SPECIAL BONUS CLASS:
"Lease Pricing & Math" taught by Bob Teichman, CLP of Teichman Financial Training and one of the authors of The Certified Lease Professionals' Handbook.
Pre-register with the CLP Foundation by emailing Cindy Spurdle, Executive Director at cindy@clpfoundation.org or calling (610) 687-0213.
For more information, please go to:
http://www.naelb.org/cde.cfm?event=40117
E-mail: mwilson@hqtrs.com
---------------------------------------------------------------------
November 4-5
Eastern Regional Meeting
National Association of Equipment Brokers Atlanta, Georgia
Sheraton Gateway
1900 Sullivan Road
College Park, GA 30274
Join us in Atlanta for networking, education, and fun.
Jim Buckles of Preferred Business Solutions will offer training on their alaQuote (on-line lease calculator, quote letter and application submittal tool) and Advantage 2.0 (upgrade from System 1 (2.5) Software that includes contact management, deal tracking, document processing and electronic file storage).
Please RSVP by emailing jim@pbs4u.com or calling (866) 352-8665.
For more information, please go to:
http://www.naelb.org/cde.cfm?event=73892
E-mail: mwilson@hqtrs.com
|
[headlines]
----------------------------------------------------------------
Classified Ads --- Help Wanted
Lease Representative
|
 |
Baltimore - Washington area
Lease Representative
M&T Bank is seeking an in-market lease representative to develop and maintain relationships with broker/lessors, equipment vendors, and direct lessees throughout Maryland and Northern Virginia. Must be knowledgeable small ticket leasing ($75K average ticket) and third-party lease/loan transactions. Please apply on-line at www.mandtbank.com and view posting #4044.
At M&T Bank, we provide and exciting and challenging work environment where performance and innovative thinking is encouraged at every level. With over 700 branches, your career can travel as far as you take it!
|
www.mandtbank.com |
Leasing Sales Manager
|
Leasing Sales Manager
Develop & lead sales force in a fast track
company. Our phenomenal growth provides this great opportunity, 5+ years exper. working w/brokers. Relocate to beautiful
San Antonio, Texas. resumes@swcreditlender.com
|
|
National Account Manager
|
Truck/Trailer Industry
National Account Manager
5+ year proven track record, located in either Texas or upper Mid-West markets,
estab. relationships to produce min. $750k
a month, for more information, click here.
To apply click here.
|
|
National Program Skills
|
National Program Skills, San Francisco
Daily management national program accounts/support V.P. National Programs Min. 3 yrs leasing exp. understand credit/financial/tax returns w/strong follow-up, great opportunity to grow, to learn more, click here.
|
|
Salesperson
|
"Tired of working for a broker or discounter at inflated buy rates?"
We are a direct nationwide funder.
Decisions are made here on "application only" up to $125,000. We are fast, too, and we will keep your vendors and customers happy with our efficient staff.
Contact Jim Doster sales@abanklease.com
"We want you to make as much money as you can."
|
|
[headlines]
###Press Release########################
Key Equipment Finance Names Vice President, Vendor Financing, Canada
SUPERIOR, CO. -Key Equipment Finance, one of the nation's largest bank-affiliated equipment financing companies and an affiliate of KeyCorp (NYSE: KEY), has appointed Bart Amodeo as vice president of vendor financing within its Canadian sales operation. Key Equipment Finance Canada Ltd. serves businesses located in Canada and/or doing business in Canada. They partner with leading vendors of technology and capital asset equipment by providing lease financing to their business customers as well as provide direct financing solutions to corporate and commercial clients for equipment acquisitions. Mr. Amodeo is located at Key's Canadian headquarters in Burlington, Ontario, just outside Toronto.
"Bart's 11 years of IT lease financing and sales management experience are strong assets in this position where he is responsible for managing Key's national vendor leasing sales team," said Karen Larson, president and chief operating officer for Key Equipment Finance's global vendor services group.
"Bart's new position is a perfect demonstration of how Key's continual growth allows us to attract top talent," said Paul A. Larkins, president and chief executive officer, Key Equipment Finance.
Prior to joining Key, Mr. Amodeo was vice president of sales for GE Commercial Finance, Technology Finance, where he was in charge of sales, lease administration and remarketing and led the company's transition from captive to direct lessor. Mr. Amodeo earned his bachelor of commerce degree from the University of Toronto.
Key Equipment Finance is an affiliate of KeyCorp (NYSE: KEY) and provides business-to-business equipment financing solutions to businesses of many types and sizes. The company focuses on four distinct markets:
· businesses of all sizes in the U.S. and Canada (from small business to large corporate), including middle-market leasing offered through Toronto Dominion Bank in Canada;
· equipment manufacturers, distributors and value-added resellers worldwide;
· federal, provincial, state and local governments as well as other public sector organizations; and
· lease advisory services for manufacturers' captive leasing and finance companies.
Headquartered outside Boulder, Colorado, Key Equipment Finance manages a $12 billion equipment portfolio with annual originations of approximately $5 billion. The company has major management and operations bases in Toronto, Ontario; Albany, New York; Chicago, Illinois; Houston, Texas; London, England; and Sydney, Australia. The company, which operates in 25 countries and employs 1,100 people worldwide, has been in the equipment financing business for more than 30 years. Additional information regarding Key Equipment Finance, its products and services can be obtained online at KEFonline.com.
Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $91 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.
CONTACT:
Lisa A. Miller
Telephone: (518) 257-8235
Fax: (518) 257-8821
[headlines]
###Press Release##########################
----------------------------------------------------------------
Today's Top Event in History
1829- Birthday of the 21st president of the US, Chester Alan Arthur, born at Fairfield, VT, and succeeded to the presidency following the death of James A. Garfield. Garfield was shot July 2, 1881, as he entered the railway station at Washington, DC. He died September 19,1881, never having recovered from the wound. The assassin, Charles J. Guiteau, was hanged June 30, 1882. Arthur's term of office: Sept 20, 1881-Mar 3, 1885. He was not successful in obtaining the Republican party's nomination for the following term. June ,1884 the Republican National Convention nominated James G Blaine of Maine for the presidency on the first ballot. Gen. John A. Logan of Illinois was nominated for the vice presidency. The "Mugwumps," the independent Republicans walked out of the national convention in Chicago, IL, when the party nominated James G. Blaine. They felt he would not support civil service reform. On June 16, they held a convention of their own in New York City, pleding support to the Democratic Party if a liberal candidate were named. The presidential election campaign of 1884 was fought mainly with attacks on the reputations of the rival candidates. The Republican candidate James G. Blaine, on the basis of letters he had written, was accused of having profited from the Credit Mobilier scandal involving the building of the Union Pacific Railroad. His opponents sang: "Blaine, Blaine, James G. Blaine, the continental liar from the state of Maine." The Democratic candidate Grover Cleveland was accused of having fathered an illegitimate child, which in his forthright manner he admitted. The turning point of the election was most likely a remark made on October 9th by the Rev. Samuel D. Burchard in New York, in the presence of Blaine, that the Democrats were the party of "Rum, Romanism, and Rebellion." Blaine did not disavow the remark, and the Irish-American Roman Catholics of New York were outraged. Cleveland carried the state by 1149 votes and thereby won the presidency. Cleveland received 219 electoral votes to Blaine's 182, but the popular vote was Cleveland 4,911,017 to Blaines' 4,848,334. Arthur died a broken man on November 18,1886.
[headlines]
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This Day in American History
1646-A "Wolf bounty" was granted under authority of the General Assembly held at James City, VA. It was singed by sir William Berkely, Knight Governor, and provided that "what person soever shall after publication hereof kill a wolfe and bring in headoto any commissioner, upon certificate of said communication to the county court, he or they shall received one hundred pounds of tobacco for doing to be raised out of the County where the wolfe is killed."
1703-Birthday of famed Preacher Jonathan Edwards, born East Windsor, CT: an American Congregationalist clergyman, was the outstanding theologian and scholar of colonial New England in the 1700's, leader of the "Great Awakening.". In his most famous book Freedom of the Will (1754), he upheld such Calvinistic doctrines as predestination. But he insisted that man had freedom to choose alternative courses when forces outside him "inclined" his will to choose.. He received A.B. and A.M. degrees from Yale University. In 1727, he was ordained and installed as assistant in the church of Solomon Stoddard, his grandfather, at Northampton, Mass. When Stoddard died in 1729, Edwards became pastor. The religious revival, a part of the Great Awakening, came to his church in 1734. His famous sermon, "Sinners in the Hands of An Angry God"(1741), was preached during his revival. Edwards ' discipline of young people for reading "immoral" literature and his refusal to give communion to unconverted church members caused dismissal in 1750. He then served as a missionary to the Indians in Stockbridge, Mass., from 1751-1757. Edwards became president of the college of New England (now Princeton) in 1758, but died later that same year when he contracted smallpox from an inoculation.
http://www.jonathanedwards.com/sermons.htm
1717- the "Mississippi Bubble," or " Mississippi Scheme," devised by John Law to promote and finance French colonization in Louisiana ruined thousands of investors The Duke of Orleans, regent of France, had encouraged and underwritten Law, a Scottish financier and speculator, to start a bank. Under the name of the Western Company ( also known as the Company of the West, "Comagnie D'Occident," and the Mississippi Company), the bank gained control of all trade on the Mississippi River and issued paper money in excess of available security. (1720), Law, made controller general of finances, merged the huge stock company with the royal bank and took over most of the public debt and the administration of revenue. A rash of speculation swept France. Numerous small investors bought stock, which soared to heights far beyond what could be expected in returns from the exploitation of the colonies and from trade with East Asia. The bubble burst suddenly. Well-informed speculators sold their stock at huge profits, setting off a frenzy of selling that ruined thousands of investors. Very similar to the Dot.com experience of today. The collapse of the bank in 1720 ruined Law and caused great trouble in France. Although his financial scheme end in failure, it did promote colonization in Louisiana. Law died in 1725.
1824-The birthday of Henry Chadwick, Baseball Hall of Fame sportswriter and innovator born at Exeter, Devon, England. Known as the "Father of Baseball" and later as "Father Chadwick," he wrote voluminously about baseball, popularizing the game and protecting its integrity. He prefected the newspaer box score, served on the rules committee and devised the method of scoring games still in use. Inducted into the Hall of Fame in 1938. Died in New York April 20, 1908.
1829- Birthday of the 21st president of the US, Chester Alan Arthur, born at Fairfield, VT, and succeeded to the presidency following the death of James A. Garfield. Garfield was shot July 2, 1881, as he entered the railway station at Washington, DC. He died September 19,1881, never having recovered from the wound. The assassin, Charles J. Guiteau, was hanged June 30, 1882. Arthur's term of office: Sept 20, 1881-Mar 3, 1885. He was not successful in obtaining the Republican party's nomination for the following term. June ,1884 the Republican National Convention nominated James G Blaine of Maine for the presidency on the first ballot. Gen. John A. Logan of Illinois was nominated for the vice presidency. The "Mugwumps," the independent Republicans walked out of the national convention in Chicago, IL, when the party nominated James G. Blaine. They felt he would not support civil service reform. On June 16, they held a convention of their own in New York City, pleding support to the Democratic Party if a liberal candidate were named. The presidential election campaign of 1884 was fought mainly with attacks on the reputations of the rival candidates. The Republican candidate James G. Blaine, on the basis of letters he had written, was accused of having profited from the Credit Mobilier scandal involving the building of the Union Pacific Railroad. His opponents sang: "Blaine, Blaine, James G. Blaine, the continental liar from the state of Maine." The Democratic candidate Grover Cleveland was accused of having fathered an illegitimate child, which in his forthright manner he admitted. The turning point of the election was most likely a remark made on October 9th by the Rev. Samuel D. Burchard in New York, in the presence of Blaine, that the Democrats were the party of "Rum, Romanism, and Rebellion." Blaine did not disavow the remark, and the Irish-American Roman Catholics of New York were outraged. Cleveland carried the state by 1149 votes and thereby won the presidency. Cleveland received 219 electoral votes to Blaine's 182, but the popular vote was Cleveland 4,911,017 to Blaines' 4,848,334. Arthur died a broken man on November 18,1886.
1852-A major boon to the agriculture industry was the patient of Lorenzo Lorraine Langstroth, a former pastor in Oxford, Ohio, for a beehive with removable frames. Langstrath's hive designed revolutionized beekeeping because it was the first that allowed bees to build combs on wooden frames that could be removed, stripped of honey and wax, and then replaced. His key discovery was the "bee space," the minimum air space that bees would not bridge with wax or bee glue. By setting up his frames at this distance, he prevented the bees from building connections between them. This allowed him to remove one frame at a time without damaging the adjacent frames, and enabled him to maximize the amount of honeycomb in the hive.
1863- in an attempt to disrupt the Union blockade of Charleston Harbor, the Confederate semi-submersible "David" rammed the Federal ironclad "New Ironsides" with a spar torpedo This was the first successful Southern attack using a submersible craft. Although both sides experimented with submarine warfare during the Civil War, the results were far from encouraging, as the submarines caused more fatalities to their own crews than to the opposing side.
1871- Celia C. Burleigh became the first woman ordained as a Unitarian minister. Her parish was in Brooklyn, CT.
http://www.uua.org/uuhs/duub/articles/celiaburleigh.html
1871-The first woman ordained a Unitarian minister was Celia C. Burleigh, who was given a parish in Brookly, CT.
1877- after a 1,700 mile retreat, Chief Joseph and the Nez Perce Indians surrendered to US Cavalry troops at Bear's Paw near Chinook, Montana. Chief Joseph made a speech historians consider a famous surrender message, " From where the sun now stands, I will fight no more forever."
1928- Bix Biederbecke cuts five sides with Paul Whiteman, Columbia-Okeh.
1939-Perry Como records " I Wonder Who Is Kissing Her Now" with the Ted Weems Band,Decca.
1949-AC/DC lead singer Brian Johnson is born
1950- You Bet Your Life" premiered on TV.. This funny game show began on radio in 1947 and moved to TV with Groucho Marx as host and George Fenneman as announcer and scorekeeper. Players tried to answer questions in the category of their choice, but Groucho's improvised interviews stole the show. Many unusual guests appeared, both professional and nonprofessional (including Phyllis OilIer and Candice Bergen, who would later become famous). Players could also win money by uttering the secret word, an everyday word suspended above the stage on a duck that dropped when the word was spoken. This was one of the few shows to be filmed, because the interviews needed to be edited. Two short-lived revivals of the series aired, with Buddy Hackett as host in 1980, and with Bill Cosby in 1992.
1953 - The Yankees won their fifth straight World Series, a feat never before achieved in baseball history. They beat the Dodgers, 4-3, in the decisive sixth game of the series, and the Yanks chalked up their 16th world championship against only four defeats.
1953 - Earl Warren, the former Governor of California and republican vice-president Candidates in the previous presidential election, was sworn in as the 14th chief justice of the United States, succeeding Fred M. Vinson.
1955-Elvis Presley's "I Forgot to Remember to Forget Her," hits #2 on the Memphis charts. The Number One song is Johnny Cash's "Cry, Cry, Cry.
1956- "Zane Grey Theater, ". Officially titled "Dick Powell's Zane Grey Theater," this western anthology series was hosted by Powell and featured both stories by Grey and original telecasts. Powell occasionally starred in an episode. Guest stars included Hedy Lamarr (in her only dramatic TV role), Ginger Rogers, Claudette Colbert and Esther Williams. My father Lawrence Menkin wrote several of the episodes.
1959- Bobby Darin's "Mack The Knife" hits #1 on the pop chart.
1968- Cream's "White Room" and Steppenwolf's "Magic Carpet Ride" are released.
1976 - Hall and Oates' second album, "Abandoned Luncheonette," which contained their original hit version of Tavares' #1 R&B tune, "She's Gone," is certified gold three weeks after its release.
1991- Two albums by Guns N'Roses debut in the top two positions on the Billboard LP chart. "Use Your Illusion II" debuts at #1, while "Use Your Illusion I" hits #2.
1993- The Beatles' "1962-1966" (The Red Album) and "1967-1970" (The Blue Album) are released on CD
1999-Paul McCartney releases his first album since the death of his wife Linda in April 1998. Entitled Run Devil Run, the CD is a collection of rare rock oldies with new McCartney songs
2001---Barry Bonds of the San Francisco Giants broke Mark McGwire's 1998 home run record when he hit the 71st homer of the season in a game against the Los Angeles Dodgers at Pazcific Bell Park. Later in the game, he hit another homer. The Dodgers beat the Giants, 11-10, eliminating them from the playoffs. On October 7, Bonds his one more homer to finish the season with 72. He also broke Babe Ruth's slugging record of .847 with .863.
World Series Champions This Date
1942 St. Louis Cardinals
1953 New York Yankees.
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Baseball Poem---
Setting The Record
Written by Don Angel © in 10-2001
Published: Baseball Almanac (08-2003)
1998, Mark McGwire was the man.
Three years later would his 70 homeruns stand?
Coming home to the San Francisco Bay.
Three games with the Dodgers were left to play.
One more long ball would bring a new homerun king,
But Barry Bonds would rather have the ring.
Closing in on the record, Bonds has been walking as of late.
Los Angeles brought five runs across the plate.
During the first inning contest, Chan Ho Park would give it his all.
Bonds launched a 1-0 pitch over the right center-field wall.
Millions witness 71.
The Date - October 5, 2001
The night was still young,
His next at-bat was yet to come.
72 would be sent on it's way,
History was made twice today.
Joy would be short lived because of a Dodger's win,
The Giants playoff hopes would end.
Two days later we would see.
Homerun number 73.
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