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Thursday,
September 30,2004
Headlines---
WAEL
Newsletter Article Early 1980’s Needed
Looks
like Texas, too on Sales Tax
Classified
Ads—Collector/Controller/Contract Admin.
Archives-Dwight
Galloway/Republic Leasing For Sale
AmeX
Business Finance Leasing Division for Sale?
Sheehan,
Partners Equity Cap. Sr.VP/Gen.Mgr Technology
Motivational
Poster: The Essence of Survival
Survey:
Changing Regs Biggest Compliance Headache
Sallie
Mae to Acquire Education Assistance Foundation
######## surrounding the article denotes it is a “press
release”
----------------------------------------------------------------------------
WAEL Newsletter Article Early 1980’s Needed
Bette Kerhoulas, CLP, is looking for
an article regarding sales tax issues “.... written by Cary Boyden
(Attorney supporting Lessors) and Les Sorenson (the BOE's general counsel
at the time).The article talked about a "24-hour rule" whereby
you could assign a transaction to a funding source without it becoming
another taxable event. It also spoke about Substance over Form, going to the "intent"
of the transfer of title. The
critical part is that Les Sorenson was part of the discussion and at
that time a member of the CA state BOE, and would thereby give credibility
to our arguments of title transfer. “
“Les Sorenson, the general counsel for the BOE, actually agreed that
Substance should take precedence over Form and that there also is a
24-hour rule, which means that if you assign your transaction immediately
upon delivery and acceptance, then there wouldn't be a second tax.
Cary now says that the article might not have actually even appeared
in the Newsline, although he thought it had - that it might have been
in the Brochure or Workbook for the San Francisco Conference in
1984...”
The article may be in the 1984 Western
Association of Equipment Lessors newlsetter Fall edition, conference
in San Francisco, or about that time period. Leasing News found several
other perhaps germane
articles, but could not find the specific
one requested in its collection of
past newslines.
This article would be helpful for the dispute
with the California Board of Equalization ruling regarding sales tax
on the definition of transfer of title resulting in double taxation
as it is considered a "separate sale."
Please send directly to bettek@pacifica-capital.com, if you have the
article.
Pacifica Capital, http://www.pacifica-capital.com
Looks
like Texas, too
“Transfer
of Title” of Equipment
“I recently heard
through a few leasing colleagues that the State of Texas is targeting
equipment lessors in California for sales tax audits. Not a major
concern in and of itself. However, I also understand the State
of Texas is taking an hard-line position when a lessor has assigned
leases to a lender. In short, the lessor becomes liable for sales
tax upfront on the gross receivable at the time of assignment
unless the lease includes a $1.00 purchase option OR title to the equipment
is passed to the lender as part of the assignment.
“Because of the recent
drama with the State of California, I imagine most lessors that discount
leases provide a security interest in the leased equipment to their
respective lenders, but do not actually pass title to the equipment.
Do you or your readers have any first-hand experience with the State
of Texas on this matter?
I would appreciate
any insights or guidance you may be able to provide.
“Thank you.”
Greg Rieke, CLP
greg.rieke@gen-cap.com
GeNESIS COMMERCIAL CAPITAL
"Equipment
Leasing and Financing"
Voice: (949) 851-3036 x202
Fax: (949) 419-0116
-------------------------------------------------------------------------------
|
Classified Ads—Collector/Controller/Contract
Admin.
Collector: 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
Collector: Jacksonville, East Brunswick,
FL.
13 years experience with collection, recovery,re-marketing and legal on commercial loans and leases. Expertise with distressed portfolios, Six Sigma trained.
Willing to relocate.
Email: RichardB12364@aol.com
Collector: West Hartford, CT.
Credit/ Collections /Rental Management in leasing & construction fields. Looking for stable company that will appreciate my 20+ years of experience.
Email: losterastringban@aol.com
Controller: Seattle, WA
CPA w/ 15 years management exp. as CFO/ Controller/5 yrs w/ PriceWaterhouse Coopers. Extensive exp providing accounting/ tax guidance for the equipment lease industry. Willing to relocate.
Email: bltushin@hotmail.com
Controller: Southeastern, MI.
Controller & Management experience w/ equip lessors &broker. MBA, CPA w/
extensive accounting, management, securitization experience with public and
private companies. Willing to relocate.
Email: Leasebusiness@aol.com
Contract Administrator: Los Angeles, CA
Documentation Manager; 25+ years experience;
strong documentation skills; solid reputation for submitting complete
funding packages consistently resulting in same day fundings; will consider
reasonable commute.
Email: sgrigs@netzero.net
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
Contract Administrator: 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
full
listing of 97 “Job Wanted ads at:
http://64.125.68.90/LeasingNews/JobPostings.htm
Post
your free “job wanted ad” at:
http://64.125.68.90/LeasingNews/JobPostings.htm
-------------------------------------------------------------------------------
Archives-September 29,2000:
Dwight Galloway/Republic Leasing For Sale
" The expected result will be a sale of Republic Leasing Corporation
( Columbia, South Carolina ) along with the banks existing portfolio. We
have certainly enjoyed the time with RBMG but since the divestiture
of their banks several years ago, we have looked forward to an opportunity
to again become part of an organization that can provide better funding
for our established broker/lessors. In addition, we believe our long
and profitable history and our Bank Customer Leasing Program will be
particularly attractive to banks seeking a proven platform to meet their
clients' leasing needs."
Contact: Dwight Galloway (803) 750-4100
Dwight Galloway dgalloway@rlclsg.com
----------------------------------------------------------------------------
American
Express Business Finance Leasing Division for Sale?
Several
readers have written:
“Did you hear that
AMEX leasing is for sale? Big announcement coming soon.”
One of the rumors
has Netbank buying the American Express Business
Leasing portfolio
and/or division. Both the Rockford
and Sierra Cities
portfolio’s most
likely have all paid off at this time, perhaps including
the RW Professional
and other medical leases written at very low rates. These were “private label” lease contracts. Those in the know say
the portfolio is now pretty clean.
We shall soon find
if this is a rumor or advance notice of a major
change at American
Express. No one at the American Express
Public Relations
Department would confirm or deny the “for sale”
of this division.
Please
note following press release:
-------------------------------------------------------------------------------
###
Press Release ##########################
“Sheehan's
widespread background and experience managing both American Express
Business Finance from 1997-2004....”
Michael
W. Sheehan, Named Partners Equity Capital Company's Senior Vice President
of Technology
HORSHAM,
Pa.-- --Partners Equity Capital Company has appointed Michael W. Sheehan
Senior Vice President and General Manager of the Technology Finance
Unit to organize and lead operations and head the tactical addition
of the Company's expanding personnel.
"We're
very excited to have someone like Mike, who provides our team with 25
years of experience, and a great track record to match. His deep background
in Technology Finance, along with his energy and talent will position
PECC's Technology Finance unit to grow and prosper," said Steve
A. Grosso, President and Chief Operating Officer.
Sheehan's
widespread background and experience managing both American Express
Business Finance from 1997-2004 and AT&T Capital from 1994-1996
will undoubtedly improve PECC's activity and overall daily functions.
Mike will further develop an industry leading technology finance organization
focused on a diversified group of Market segments including both traditional
and emerging technology markets.
"We
look to develop value added financing partnerships with equipment manufacturers
and their distribution channels. We will have measurable, positive impact
on their business," commented Mike on his role at PECC.
Sheehan
received his M.B.A from Keller graduate School of Management, and B.S.
from The University of Wisconsin. Currently, Sheehan serves as a member
of the Equipment Leasing Association (ELA) as
a trustee member and as a committee member on ELA Small Ticket Vendor
Committee.
Headquartered
in Horsham, Pennsylvania, PECC provides private-label, sales-aid finance
programs for equipment manufacturers, distributors, and U.S. commercial
banks. With vertical markets in Office Technology, Healthcare, and Banks/Financial
Institutions, PECC helps our vender partners close more sales through
the use of our customized financing programs. For more information about
PECC can be located at www.partnersequity.com.
Contacts
Partners
Equity Capital, Horsham
Matthew
Davis, 267-960-4033
####
Press Release #########################
-------------------------------------------------------------------------------
Motivational Poster: The Essence of Survival
"Every morning in Africa,
a gazelle wakes up. It knows it must run faster than the fastest lion
or it will be killed...every morning a lion wakes up. It knows it must
outrun the slowest gazelle or it will starve to death. It doesn't matter
whether you are a lion or a gazelle...when the sun comes up, you'd better
be running."
The Gazelle
( Thomas J. Depping) is rumored to be interested in starting or buying
a bank. At Sierra Cities, before
the major change, an application was in process, but due to the acquisition
talks with American Express along with some other issues, was put aside.
It was his long term goal to not only go into banking, but expand products
through a banking network. It
would also give him “creditability” with other banks for “sharing” or
“selling” portfolio’s, loans, leases, insurance, and other products.
The original
post can be purchased at:
http://www.successdecor.com/leadership.html
Leasing Conference Count Down
UAEL Monterey, CA October 21-24
United Association of Equipment Leasing
http://www.uael.org/events/conferences/ace/default.asp
|
|
ELA Palm Desert, CA October 24-26
The Equipment Leasing Association
www.elaonline.org/events/2004/annconv/convhome.cfm
(you
might run into Leasing Icon Tom Depping. Look
for the big cigar. If you have not attended
an ELA Conference
before, and are a non-member, you will
be eligble to attend.
The education, conferences, and information
available only
to members on the web site are certainly
worth joining)
 |
AGLF Rancho Mirage, CA November 10-12
Association for Government Leasing and
Finance
www.aglf.org/25AM04_fallpgm.pdf
MAEL Rosemont, Illinois November 18
Mid-American Association of Equipment Lessors
To learn about these and other leasing associations, please go to:
http://www.leasingnews.org/associations.htm
If you are interested to learn more about
the conference, please to the web site noted.
-------------------------------------------------------------------------------
Survey: Changing Regs Are Biggest Compliance
Headache for CUs
US
Banker Weekly Bulletin
Compliance issues are a big concern for
credit unions, according to a new survey by Bankers Systems. Nearly
300 presidents, managers, and loan officers from credit unions with
more than $10 million in assets responded.
Some 29 percent of respondents identified
the rapidly and constantly changing regulatory environment as the most
significant compliance issue they face. The next most significant compliance
issues identified were the Check 21 Act (16 percent) and the USA PATRIOT
Act (15 percent).
The survey's findings also revealed that
reduced margins, lower interest rates, and profitability concerns were
the most pressing "business" issues for respondents, with
26 percent listing these issues. Also important were the need to increase
loan volume (23 percent) and keeping up with compliance and regulatory
changes (22 percent).
A similar survey in 2002 revealed that
the ever-changing regulatory environment topped the most significant
compliance issue then as well, but at only 21 percent versus this year's
29 percent.
-------------------------------------------------------------------------
Sallie Mae to Acquire EAF
US
Banker Weekly Bulletin
SLM Corp., commonly known as Sallie Mae,
intends to purchase both the secondary market and related businesses
of Education Assistance Foundation, or EAF, and its affiliate, Student
Loan Finance Association. The transaction includes SLFA's $1.6 billion
loan portfolio and an origination franchise that generates $50 million
in student loans annually. As part of the agreement, Sallie Mae will
offer employment to nearly all EAF's 150 employees; however, a small
staff will remain at EAF to run its charitable programs.
EAF and its affiliates are charitable,
non-profit corporations in Seattle, WA. Proceeds from the sale will
make EAF one of the largest philanthropies in the Northwest dedicated
to increasing access to higher education. SLFA and its subsidiaries,
Washington Student Loan Finance Association, Idaho Student Loan Finance
Association and Oregon Student Loan Association, participate in the
secondary market for federal student loans and provide student loans
and related services for students, families and schools throughout the
Northwest.
The transaction is expected to close in
two phases. The first of these includes the acquisition of $250 million
of the SLFA portfolio. The second phase, to follow six months later,
incorporates the balance. The business operations of SLFA become a subsidiary
of SLM Corp., but will retain its own brand and identity. Ralph Kosanovich,
president and chief executive officer of SLFA, will continue to lead
the organization, overseeing its growth and financial and operational
performance. SLM Corp. manages nearly $95 billion in student loans for
more than 7 million borrowers.
---------------------------------------------------------------------------
Classified Ads---Help Wanted
Brokers
|
About the company: SCL has been in business for 12 years. We are contracted with multiple funding sources which enables us to provide more competitive rates and flexible terms and conditions. |
Funding/Loan Processor
|
CFO / Leasing Sales Leader
|
Dealer Credit Finance Analyst / Dealer Credit Finance Services Supervisor
|
Dealer Credit Fin. Services Supervisor, Torrance, CA. Click here for full descrip. & to apply. To learn more about us, please visit: www.toyotafinancial.com/careers |
Vendor Account Executive
|
About the Company: Lease Corporation of America is a well established, 16 year old, national equipment leasing company. |
Romoff
Up and Running
In a interview with
Mr. Romoff he said that he has been in the leasing business for over
thirty years, and will be doing things in “the same size, style, smell,
situations, the customs have not changed, although the technology certainly
has.”
The transactions
he is seeking are from $50,000 up to the “sweet spot of $3 to $4 million.
Not NAELB or EAEL broker typical transactions, but discounting or re-discounting
with approved lessors.”
“In the seventies
we did not have the technology for authorizing credit scoring, whether
that is good or bad now, I don’t know, “ he said. “Many people know
me...as we staff up, continue to get credit and documentation personnel,
we will grow by providing not only top service, but knowing what we
are doing.”
Ira Z. Romoff
Director of Leasing
ICB LEASING CORP.
a division of
Independence Community
Bank
551 5th Avenue 26th floor
NYC, N.Y. 10176
212-209-9177
fax 212-209-9179
cell 201-776-7040
IRomoff@ICBNY.com
Here is the formal
press release from Independence
Community Bank, plus
the original e-mail printed in Leasing
News.
### Press release
#########################
EQUIPMENT LEASING
IS NEW FOCUS FOR INDEPENDENCE COMMUNITY BANK AS A NATIONALLY-RECOGNIZED
MANAGER JOINS THE BUSINESS BANKING TEAM
Independence Community
Bank is adding equipment leasing to its commercial business services
and has brought a top-flight professional, Ira Z. Romoff, to its Business
Banking Division to head the department.
Independence Business
Banking President Brendan J. Dugan says, "I am delighted that one
of the nation's top leasing professionals has joined Independence as
Senior Vice President and Director of Leasing. Ira is bringing together
a team of experienced professionals in sales, credit and operations
so that Independence Business Banking will now offer clients a strong
and competitive choice for small and medium-ticket equipment lease finance."
Mr. Romoff was previously
Chief Credit Officer and Risk Manager for the Western Hemisphere for
the $50 billion Bank Leumi. He gained his reputation in the industry
while running NatWest's equipment and auto leasing arm, Tilden Management,
in the 1980's and creating ABN Amro's domestic leasing subsidiary, EAB
Leasing. The latter grew via internal growth and four acquisitions (Wasco,
American Equipment Leasing, Bankers Leasing and Fidelity) into the nation's
11th largest bank leasing operation, totaling $3.5 billion when that
bank was sold to Citibank in 2001.
As one of the top
bank leasing executives in the U.S., Mr. Romoff has been a director
of both major industry associations and he has lectured and written
many professional articles on the subject of equipment financing. He
has served as an adjunct associate professor at NYU's Banking Certificate
Program and was an Executive-in-Residence at St. John's Graduate Tobin
School of Business. He has been honored by many awards, among them was
Lender of the Year by the U.S. Small Business Administration for the
Long Island Region. Mr. Romoff graduated with a B.A. in Economics from
City College of New York and attended the Graduate School of Business
at NYU. He and his wife, Arlene, reside in Saddle River, NJ.
Independence Community
Bank was established in 1850 and has more than $18 billion in assets
and 122 branches in New York and New Jersey. Independence Business Banking
focuses on relationship banking as it offers a broad line of products
and services to meet the financial needs of small business, professionals,
entrepreneurs and middle-market companies. These include an extensive
suite of cash management products, trust and international trade services,
asset-based lending and private banking. For information about Business
Banking equipment leasing, call 212-209-9177.
(August 16,2004—Leasing
News:
Ira Romoff Back in
Business—More About it!
“I'M VERY PROUD TO
TELL YOU OF MY NEW LEASING ORGANIZATION! WE WILL BE PART OF INDEPENDENCE
COMMUNITY BANK, (NASDAQ SYMBOL - ICBC, WEBSITE - WWW.ICBNY.COM) A GREATER
NYC/NJ COMMERCIAL BANK WITH OVER 120 BRANCHES THAT DATES BACK TO 1850!
HOW'S THAT FOR STABILITY? THE BANK IS OVER $18 BILLION IN ASSETS, EXTREMELY
PROFITABLE AND ENJOYS A MARKET CAPITALIZATION OF $3.1 BILLION.
“WE WILL BE STARTING
A BRAND NEW LEASING COMPANY, SIMILAR IN MANY WAYS TO THE ONE I BEGAN
IN 1991 FOR EUROPEAN AMERICAN BANK. OF COURSE WE WILL BE A FUNDING SOURCE
FOR SMALL AND MID SIZED LESSORS LOOKING FOR TRANSACTIONS UP TO A FEW
$MILLION. SIMULTANEOUSLY, ALTHOUGH SEPARATELY, A DIRECT SALES STAFF
WILL BE HIRED FOR THE SAME SIZED TRANSACTIONS.
“WE WILL BE DRIVEN
BY COMMON SENSE, NOT SILLY RULES. CREDIT AND COLLATERAL WILL COUNT,
BUT SO WILL THE INTEGRITY OF THE LESSEE, LESSOR AND VENDOR.
“WE WILL SUPPORT
OUR LESSORS WITH DIRECT CREDIT LINES WHEN NEEDED, PARTIAL AND FULL RECOURSE
STRATEGIES AND NON RECOURSE FUNDING.
“WHILE OUR PRIMARY
GOAL WILL BE TO BUILD A SOLID BANK LEASING OPERATION AS I HAVE DONE
IN THE PAST, OUR METHOD WILL INCLUDE STRENGTHENING OUR LESSORS SO THAT
THEIR FRANCHISE VALUES WILL GROW OVER TIME. THIS VALUE ADDED FOR OUR
LESSORS WILL DIFFERENTIATE US FROM THE PACK.”
IRA ROMOFF
DIRECTOR OF LEASING
INDEPENDENCE COMMUNITY
BANK
###
Press Release ############################
“News
Briefs”
U.S. Revises 2nd-Quarter Growth to 3.3%
Rate
http://www.washingtonpost.com/wp-dyn/articles/A60795-2004Sep29.html
HP Scores Business Outside U.S.
http://www.internetnews.com/bus-news/article.php/3415081
Fannie Mae's woes may cost home buyers
http://www.boston.com/business/articles/2004/09/29/
fannie_maes_woes_may_cost_home_buyers/
Wolfensohn's Chance at 3rd Term Unclear
http://www.washingtonpost.com/wp-dyn/articles/A60837-2004Sep29.html
Google hits a high
http://www.mercurynews.com/mld/mercurynews/business/
special_packages/google/9787861.htm
Martha Stewart to serve time in West Virginia
http://www.ajc.com/news/content/business/0904/29stewart.html
Drinkers object to Jack Daniel's watering
whiskey down
http://www.usatoday.com/money/industries/food/
-------------------------------------------------------------------------------
“Sports Briefs”
The Division Is Almost in the Yankees'
Hands
http://www.nytimes.com/2004/09/30/sports/baseball/30yanks.html?hp
Bledsoe: A Bill believes he's due
http://www.boston.com/sports/football/articles/2004/09/29/
bledsoe_a_bill_believes_hes_due/
NL Wrap: Padres Edge Giants, Astros Soar
to Wild - Card Lead
http://www.nytimes.com/reuters/sports/sports-nl-wednesday.html
http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2004/09/30/GIANTS.TMP
Rams-49ers is anything but a Monster matchup
http://www.stltoday.com/stltoday/sports/columnists.nsf/jeffgordon/
story/91B0F431A366C7B386256F1E0068AA4A?OpenDocument&
Headline=Rams-49ers+is+anything+but+a+Monster+matchup
Bonds' 700th homerun ball tentatively kept
from auction block
http://sfgate.com/cgi-bin/article.cgi?f=/news/a/2004/09/29/
---------------------------------------------------------------------------
“California Nuts Briefs”
Governor vetoes bills on job outsourcing
Legislation bans foie gras starting in
2012
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/09/30/BILLS.TMP
A look at bills signed and vetoed Wednesday
by Gov. Schwarzenegger
http://www.sfgate.com/cgi-bin/article.cgi?f=/news/archive/
2004/09/29/state2344EDT0280.DTL
-------------------------------------------------------------------------------
“ Gimme that Wine”
The Quiet Ones Can Surprise You---Eric
Asimov
http://nytimes.com/2004/09/29/dining/29WINE.html
U.S. Brandy Consumption Hits New High Mark
http://www.winespectator.com/Wine/Daily/News/0,1145,2609,00.html
Complete Wine Cellar Management Services
Now Available Throughout The Midwest
http://www.vino.com/press/press_release.asp?PRID=436
For New Jersey Wine Makers, a Move From the Cellar to the Classroom
http://www.nytimes.com/2004/09/27/nyregion/27wine.html
Long Island Vines: Family Traits in Three
Reds
http://www.nytimes.com/2004/09/26/dining/26livine.html
Salaries in wine world are on the rise
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/
New book takes a
look at how Napa evolved to what it is today
http://napanews.com/templates/index.cfm?template=story_
full&id=5C861018-E94D-41EB-97B4-6FEE523443EC
Colonial Virginia
Wine Cellar Discovered
http://www.winesandvines.com/headline_09_23_04_cellar.html
This
Day in American History
September 30
1630-
John Biliington, one of the first pilgrims to land in America, was hanged
for murder, becoming the first criminal to be executed in the American
Colonies.
He was one of the
signers of the Pilgrim’s compact.
He way-laid a young man, one John Newcomin ( “ about a former
quarele, and shote him with a gune, whereof he dyed.”
1787-
the first ship to carry the American flag around the world was the “Columbia,”
a 212-ton vessel under Captain Kendrick that sailed from Boston, MA
, on a fur-trading mission to Canada. It was accompanied by he sloop
Washington, under Captain Robert Gray, who exchanged commands with Captain
Kendrick and completed the trip, returning to Boston on August 9, 1790.
The trip took nearly three years and
covered a distance of 41,899 miles. The crew explored the Queen Charlotte Island
and discovered the straits of Juan de Fuca and the mouth of the Columbia River.
1811-
the first year exports exceeded imports. Imports were %43.5 million and exports were
$45.3 million and of foreign merchandise (
the territories ) $16 million for a total exports of $61.3 million.
1917 Drummer Buddy Rich birthday
http://www.buddyrich.com/bio.html
1922-
bassist Oscar Pettiford born, Okmulgee, OK
1924-
American novelist and literary celebrity, was born Truman Streckfus
Persons at New Orleans, LA. He later took the name of his stepfather
and became Truman Capote. Among his best remembered books: Other
Voices, Other Rooms, Breakfast at Tiffany’s and In
Cold Blood. He was working on a new novel, Answered Prayers, at the time of his death at Los Angeles, CA, Aug
25, 1984.
1927-
George Herman ‘Babe” Ruth hit his 60th home run of the season off Tom
Zachary, of the Washington Senators. Ruth’s record for the most homers
in a single season stood for 34 years—until Roger Mans hit 61 in 1961.
Maris’s record was broken in 1998 by Mark McGwire with 62 home runs
1934-
On this date Babe played his last game for the New York Yankees. Soon
after, while watching the fifth game of the World Series (between St.
Louis and Detroit) and angry that he was not to be named Yankees manager
Ruth told Joe Williams, sports editor of the Scripp-Howard newspapers,
that after 15 seasons he would no longer be playing for the Yankees.
1935—Singer
Johnny Mathis born Gilmer, Texas.
1947-
the first World Series to be televised opened with the New York Yankees
beating the Brooklyn Dodgers, 5-3. The Yankees won the Series, four games to three. The entire series
was telecast under the joint sponsorship of the Ford Motor Company and
the Gillette Safety Razor Company at a cost of $65,000. The play-by-play descriptions were given by
Bob Edge, Bob Stanton, and Bill Slater.
1951-
” Red Skelton Show Premiers”. Vaudevillian and radio performer Red
Skelton hosted several popular variety shows on NBC and CBS in a career
that spanned 20 years. He was a gifted comedian, famous for his loony
characters, sight gags, pantomimes and ad-libs. His show was also notable
for introducing Johnny Carson and the Rolling Stones to a national audience.
1955-James
Dean meets his end. It was at the intersection of what is now highways
41 and 46 ( 41 and 466 then ) at Cholame, California, not highway 101.
He was 25 miles away from 101 and would have taken that road. Dean was
on his way from LA to Monterey to race his Porsche. Most people think
it was Dean's fault, probably due to speed, and he did get a speeding
ticket earlier that day, but police at the scene don't believe he was
speeding at the time. Besides, his aluminum Porsche was no match for
a big heavy Ford. This is a Y intersection, and Dean had the right of
way. He was headed west on 466 into the setting sun and didn't see the
approaching Ford, the Ford driver probably didn't see the silver Porsche,
and turned left in front of Dean onto 41 toward Kettleman City. No time
to stop. I've been to that location. I still have my 1961 Super 90.
http://www.americanlegends.com/bookstore/deanstory/intro.html
http://www.snopes.com/autos/cursed/spyder.asp
http://www.allsands.com/jamesdeanbiogr_rz_gn.htm
http://members.aol.com/jaydeebee1/memorial.html
http://www.20six.co.uk/weblogCategory/1pptzo5jz5iqo
1956---Top
Hits
Canadian Sunset -
Hugo Winterhalter and Eddie Heywood
The Flying Saucer
(Parts 1 and 2) - Buchanan and Goodman
Honky Tonk (Parts
1 and 2) - Bill Doggett
Don’t Be Cruel/Hound
Dog - Elvis Presley
1960-”
The Flintstones” premiered on ABC-TV. This Henna Barbera cartoon comedy was set in
prehistoric times. Characters included two Stone Age families, Fred
and Wilma Flintstone and neighbors Barney and Betty Rubble. In 1994
The Flintstones movie was released, starring John Goodman, Rick Moranis
and Rosie O’Donnell. It also was the first cartoon series to be televised
on prime-time.
http://www.topthat.net/webrock/
1960
-- On Howdy Doody's last TV
show Clarabelle finally talks: "Goodbye Kids".
1961-Bob
Dylan plays harmonica on three cuts recorded for his friend Caroline
Hester's first Columbia album. The session is produced by John Hammond
and he is so impressed that he promptly signs Dylan to a deal. Now that
Dylan is a part of Columbia records, Hammond arranges for a solo recording
session in October.
1962-
Rioting broke out when James Meredith became the first black to enroll
in the all-white University of Mississippi. President Kennedy sent US
troops to the area to force compliance with the law. Three people died
in the fighting and 50 were injured. On June 6, 1966, Meredith was shot
while participating in a civil rights march at Mississippi. On June
25 Meredith, barely recovered, rejoined the marchers near Jackson, MS.
1964---Top
Hits
Oh, Pretty Woman
- Roy Orbison
Bread and Butter
- The Newbeats
G.T.O. - Ronny and
The Daytonas
I Guess I’m Crazy
- Jim Reeves
1966
-- Three-day Acid Test opened at San Francisco State College Commons.
The test was to peak on the evening of Oct. 1. The Grateful Dead perform.
Posters from this era are quite the collector items.
http://www.richardandmimi.com/posters.html
1967-Van
Morrison's "Brown-Eyed Girl" peaks at #10 on the singles chart.
1970
- A nineteen month drought in southern California came to a climax.
The drought, which made brush and buildings tinder dry, set up the worst
fire conditions in California history as hot Santa Anna winds sent the
temperature soaring to 105 degrees at Los Angeles, and to 97 degrees
at San Diego. During that last week of September whole communities of
interior San Diego County were consumed by fire. Half a million acres
were burned, and the fires caused fifty million dollars damage.
1972-
Roberto Clemente of the Pittsburgh Pirates doubled against
New York Mets pitcher Jon Matlack as the Pirates defeated the
Mets, 5-0. It was Clemente’s
3,000 career hit and his last one as he was killed in a plane crash
on Dec 31, delivering relief supplies to earthquake victims in Nicaragua.
1972---Top
Hits
Baby Don’t Get Hooked
on Me - Mac Davis
Saturday in the Park
- Chicago
Back Stabbers - O’Jays
I Ain’t Never - Mel
Tillis
1976-
California became the first state to enact a “Right-to-Die” law, which
allowed physicians of terminally ill patients to withhold life-sustaining
procedures under certain conditions,
1976
-- "Two Centuries of Black American Art" opens at the Los
Angeles County Museum of Art. The exhibit features over 60 lithographers,
painters, and sculptors including 19th century masters Joshua Johnston,
Edward Bannister, and Henry O. Tanner as well as modern artists Charles
White, Romar Bearden, and Elizabeth Catlett. The exhibit’s catalogue
notes that the assembled artists’ work proves “the human creative impulse
can triumph in the face of impossible odds, and at times even because
of them.”
1977-The
Rolling Stones release their "Bridges To Babylon" LP.
1977
- The temperature at Wichita Falls, TX, soared to 108 degrees to establish
a record for September.
1980---Top
Hits
Upside Down - Diana
Ross
All Out of Love -
Air Supply
Another One Bites
the Dust - Queen
Old Flames Can’t
Hold a Candle to You - Dolly Parton
1982-”Cheers”
premiered. NBC sitcom revolving around the owner, employees and patrons
of a Beacon Street bar at Boston. Original cast: Ted Danson as owner
Sam Malone, Shelley Long and Rhea Perlman as waitresses Diane Chambers
and Carla Tortelli, Nicholas Colasanto as bartender Ernie “Coach” Pantusso,
John Ratzenberger as mailman Cliff Clavin and George Wendt as accountant
Norm Peterson. Later cast members: Woody Harrelson as bartender Woody
Boyd, Kelsey Grammar as Dr. Frasier Crane, Kirstie Alley as Rebecca
Howe and Babe Neuwirth as Dr. Lilith Sternin Crane. The theme song “Where
Everybody Knows Your Name,” was sung by Gary Portnoy and written by
he and Judy Hart Angelo. Created by Glen Charles, Las Charles and James
Burrows. The last episode aired Aug 19, 1993.
http://members.aol.com/TampaChatr/cheers.html
http://www.cheersboston.com/index_bh.html
1984-
“Murder, She Wrote” premiers. Angela Lansbury starred as crime novelist Jessica Fletcher from
Cabot Cove, Maine, who traveled the country solving murders. This top-rated
detective show was unusual in having an older female star, since young
men are usually preferred in leading roles on TV. Also appearing were
Tom Bosley as Sheriff Amos Tupper and William Windom as Dr. Seth Hazlett.
The program ran for 12 years.
http://www.mysteries.com/tv/murder.html
http://www.museum.tv/archives/etv/M/htmlM/murdershew/
http://www.jumptheshark.com/m/murdershewrote.htm
1985-An
early season snowstorm covered the Arrowhead region of Minnesota with
7 to 9 inches of snow. 7 inches fell at Babbitt and Aurora, 7.5 inches
at Isabella and 8.5 inches at Polar Lake. This was believed to be the
most ever for September in this region.
1987
- Afternoon thunderstorms in Michigan produced hail an inch in diameter
at Pinckney, and wind gusts to 68 mph at Wyandotte. A thunderstorm in
northern Indiana produced wet snow at South Bend. Seven cities in the
northwestern U.S. reported record high temperatures for the date, including
readings of 98 degrees at Medford OR and 101 degrees at downtown Sacramento
CA
1988-
Pitcher Orel Hershiser of the Los Angles Dodgers extended his streak of consecutive
scoreless innings to 59, thereby breaking Don Drysdale’s mark by one
inning. Hershiser shut of the
San Diego Padres for 10 innings, but the Padres won the game 2-1, in
16 innings.
1988---Top
Hits
Don’t Worry Be Happy
- Bobby McFerrin
I’ll Always Love
You - Taylor Dayne
Love Bites - Def
Leppard
Addicted - Dan Seals
1988
- Unseasonably warm weather prevailed over Florida, and in the western
U.S. The afternoon high of 94 degrees at Fort Myers FL was their tenth
record high for the month. Highs of 98 degrees at Medford OR and 99
degrees at Fresno CA were records for the date, and the temperature
at Borrego Springs CA soared to 108 degrees.
1992-
George Brett of the Kansas City Royals singled off Tom Fortugno of the
California Angeles in the 7th inning, thus recording the
3,000th hit of his
major league career. The single
gave Brett four hits in a game for the 59th time. He was accorded a standing ovation and became so distracted that
he was picked off first.
1999-
The largest regular-season crowd in San Francisco Candlestick Park history,
61,389 fans, watch the Dodgers beat the home team, 9-4 in the last baseball
game to ever be played at the 'Point'. Giant greats help mark the occasion
with Juan Marichal tossing out the ceremonial first pitch before the
game and Willie Mays throwing out the ballpark's final pitch after the
game. Sue and I
were there.
2000-In
the highest scoring game in A's franchise history, Oakland defeats the
Rangers 23-2 to remain a half-game ahead of the Mariners for the western
division lead as Seattle scores the most runs ever against the Angels,
21-9 assuring the team at least a tie for the American League wild card.
Baseball
Poem
Baseball
by Samplette
TIME FOR THE SEASON
TO
ALMOST BE OVER.
KEEPING MY FINGERS
CROSSED
EVERY NIGHT.
MAYBE WITH LUCK IT
WILL
END LIKE I HOPE.
OH, I REALLY DO DOUBT
THAT.
UNLESS A MIRACLE
TURNS
THINGS AROUND. THE
SEASON WILL BE
OVER IN A FEW DAYS.
THEN I WILL
HAVE TO WAIT ANOTHER
YEAR. TO
ENJOY WATCHING THEM
PLAY.
BASEBALL IS MY FAVORITE
SPORT OF THEM
ALL. EXCEPT MAYBE
COLLEGE BASKETBALL. I
LOVE TO WATCH DUKE
DO THEIR THING. I
LOVE THE LAST MINUTE
GOALS WHICH GIVES
THEM
A WIN. BUT, CARDINAL
BASEBALL IS
MY FAVORITE PASS
TIME. I COULD WATCH IT
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