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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 |
Friday,
October 1,2004
Headlines---
NorVergence—“Us”
versus “Them”
Survey
Results: “Let Us Know the Name”
MicroFinancial
Secures $30M Line From CIT
######## surrounding the article denotes it is a “press
release”
------------------------------------------------------------------
Classified
Ads---Credit
Atlanta, GA.
VP Credit/Operations/Sr. Credit Officer. 15yrs exp. in equipment leasing. Strong financial analysis and management skills. Experience developing and maintaining profitable customer/vendor relationships.
Email: credops@msn.com
Atlanta, GA.
Senior Credit Officer
in middle-market equip. finance, vendor, 3rd party, specialty, flow
credit to the fortune 1000. Team builder, originations capable, strong
work ethic, ability to multi-task.
Email: kyletrust@hotmail.com
Atlanta, GA.
10 yrs experience
in
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
Danbury, CT.
Skilled in team building,
management & training. Seasoned credit, portfolio and risk management
professional. Experienced
Email: vgjmoro@aol.com
Fairfield, CT.
Credit manager. Success building high performance teams, problem
solving & providing tactical guidance. Extensive experience
Email: sailer0102@aol.com
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:
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
New York, NY
3+ years of leasing
credit / contracts experience. Currently in the leasing industry and
moving to NY! Exp. working at both funding source and broker.
Email: lease4you@mail.com
New York, NY.
5+ yrs leasing credit exp./highly proficient knowledge of Ops: documentation & recovery. Currently in the SMB segment - moving back to NY/NJ area.
Email: SMBOPS2004@aol.com
Phoenix, AZ.
Credit/Leasing Manager-
8 years underwriting. Proven performer, strong negotiator and sales
support. Worked with the best- Randy Schiell, Chuck Brazier, Jim Lahti.
Contact: Elizabeth
Rose (480)510-7434
Email: ravenfinance@aol.com
San Francisco, CA.
10+ years Credit Analyst experience underwriting for a direct lessor, regional bank and vendor leasing company. Have CLP and will make decisions ( won't rely on a FICO score for enlightenment.)
Email: pmtorres1@yahoo.com
Full listing of all “job wanted” ads at:
http://64.125.68.90/LeasingNews/JobPostings.htm
--------------------------------------------------------------
NorVergence—“Us”
versus “Them”
Update to the Norvergence
National Class Action filed in New Jersey against 26 leasing companies:
On Wednesday, September
1, 2004, an Order to Show Cause For Temporary Restraints to stop the
leasing companies from enforcing the leases or prosecuting filed individual
actions was filed on behalf of the class action. The 26 defendant leasing
companies were then served with the amended complaint and the Order
to Show Cause. The amended complaint includes a representative
plaintiff for each leasing company named.
On September 2, 2004,
the Honorable Robert A. Coogan, New Jersey Superior Court, Monmouth
County, ordered a hearing date for the Order to Show Cause regarding
plaintiffs request for a preliminary injunction for Friday, October
1, 2004 at 2:30PM. On September 16, 2004, Defendant IFC Credit Corp.
removed the case to federal court, the United States District Court
for the District of New Jersey (Trenton Division). Plaintiffs then re-filed
their Order to Show Cause on September 23, 2004 in federal court.
A new hearing date
has been scheduled. An Order to Show Cause hearing regarding plaintiffs
request for a preliminary injunction has been scheduled for Monday,
November 1, 2004 at the United States District Court for the District
of New Jersey (Trenton Division).
MICHAEL SCOTT GREEN,
ESQ.
Law Offices of Michael
Scott Green
86 Washington Avenue
Milltown, New Jersey 08850
Tel: (732) 390-0480
Fax: (732) 390-0481
Cell: (732) 690-2093
E-mail: msgreen@lawmsg.com
On the web@: www.lawmsg.com
With Temporary filings
to cause “restraints,” attorney generals in various states have also
subpoenaed leasing companies with subpoenas to stop payments in Florida
and Illinois, with other states reportedly to follow.
Attorney Michael
S. Green said, “The class action is being represented on a contingency
fee basis, there is no retainer fee. If we are successful in the class
action litigation, we will make an application to the Court for attorneys'
fees and expenses, which are typically paid out of a settlement fund
or judgment collection which is paid by the defendants. Such a fee is
first passed upon by the Court which must approve all fees and expenses
paid to counsel in a class action.
"If a settlement
is reached, Class Members are afforded the opportunity, at that time,
to consider their options and opt-out, if they so desire, to pursue
an individual claim."
The web site www.njnorvergenceclassaction.com
will be posting a list of a network of attorneys in key states that
is accepting the defense of individual cases already filed by the leasing
companies against putative class members, while the class action continues
to litigate.
The list of attorneys
in the two NorVergence class action suits, and those being recommended
by the Telecom Agents Association, seem
“ as a rule of thumb”
to have very little experience with equipment leasing.
This is from the
Telecom site:
“How To Pick A Lawyer
- The following information is not legal advice just "business
owner to business owner" information. Discuss this information
with a lawyer before making a legal decision.
“Two separate legal
co-ops have independently studied the whole Norvergence/leasing company
situation and have pretty much reached the same conclusion - the most
economical way to legally get out of the Norvergence rental agreement/equipment
lease is to (a) not get sued for default by continuing to pay the leasing
company, and (b) sue the leasing companies through a group legal action.
The thought process behind this conclusion is as follows.
“First, whatever
the amount of money that needs to be paid per month by an ex-Norvergence
customer to avoid getting sued by the leasing company is much less than
the cost of being sued by the leasing company from a distant state.
Second, to have a judge decide that the whole Norvergence situation
really was a "Ponzi scheme" such that the leasing agreements
are invalid, the "whole Norvergence story" must be told in
a courtroom where the judge is actually interested in the whole story
- not just the small part of the story the leasing company wants to
tell in their "nuisance lawsuit". To get an objective hearing
of the "whole story" both legal co-ops have endorsed the idea
of "going on the offense" by suing the leasing companies as
a group through one of several group legal actions that have formed
- see www.NorvergenceClassAction.com.
“That being said,
many ex-Norvergence customers elected not to pay their leasing company
and were sued for default in a distant state. For these people who need
a "defensive" attorney the NCLC has listed on this page both
attorneys by state and by leasing company who are familiar with the
Norvergence situation. When speaking to these prospective attorneys
you may wish consider the general philosophies of "offense vs.
defense" that other ex-Norvergence customers have discussed with
their attorneys and each other through the two legal co-ops.”
In the classified
ad posting of finding an attorney, three have
listed their name
for representation with a NorVergence supplied
equipment in a lease. Calls to them have been primarily from
others in similar
conditions: no attorneys.
In trying to find
a referral directly, specifically for the complaint
involved in Chicago,
Illinois, Leasing News could not obtain
a referral from an
attorney belonging to a leasing association,
meaning they have
expertise in this field. All
were representing
lessors as plaintiff’s
in the matter.
A listing of attorneys,
actions, and other recommendations by
the Telecom Agent
Association may be found at:
 |
Survey
Results: “Let Us Know the Name”
90% of those who
responded believe Jim Raeder should divulge
the name of the culprit
who sent malicious e-mails to his funding sources, leasing associations
directors, and other leaders in
the leasing industry
regarding his company.
4% said “no,” with many of them “conditional,”
meaning they could
be viewed as also saying “yes,
“ but under
conditions, such
as irrefutable proof, filing in court, or conviction
in court.
6% fell into the “who cares?”
or “none of the above”
category. Many of these made comments, but “confidential,”
meaning not for attribution.
Several believe it is an ex-employee
and that is why he
will not come forth with the name. In addition to the rule of supplying
a legitimate e-mail address (which some of them were not,) any comment
had to be signed to be including in the survey results.
Over
410 responded
“ (I) think that publishing the name of the culprit
will serve as a deterrent for future abuses. I also think that the industry
& public should be forewarned of someone (in this industry) who
would act so unethically. There may be business (right now) considering
deals with that company and/or person - who may rethink the relationship
on account of this.
valerie@leaseteam.com
“Raeder should flush him out… if for no other
reason than to protect his fellow lessors from potential trouble in
the future. You and Raeder would have no problem posting Bob Fine’s
mug all over the internet to ‘warn’ other lessors – why keep this under
wrap. My belief is that he is bluffing and doesn't really know who it
is. If he did, he would bring it to light to further support it was
an ex-employees ill will and there is no truth to the emails. Kit, I
at truly disappointed in the bio you put in your news letter today.
I see a lot of negate comments about the Leasing News, most of which
I discount as rumor, but this time you truly have stepped over the line.
The bio you have published doesn't even resemble news..... you say Raeder
has never advertised on your web site – please, the whole page is an
ad for Raeder. Mark Haycock, CLP”
|
mhaycock@zionsbank.com |
“Kit is sure sounds like the Leasing New
is a mouth piece for Preferred Lease. You clearly are biased, whether
what is said about them is true or not. You don't come across as impartial.
Are you a tabloid or a place for legit news? thanks”
(Many of such comments we contacted directly by e-mail to explain
our position again. We made our opinion well-known; not only by pursuing
this story, but by stating bluntly that Raeder should divulge the name
of the person and their company. Yes,
we are biased as he does not want to name the person and thus the survey
to find out what Raeders think. editor)
“We have become a society that loves to
back stab and won't stand up and stand behind our convictions. We're
becoming too much like our politicians. Its time it stopped. George
K. Booth”
“If this were a misunderstanding of some
sort, I would have voted "NO". However, by not divulging the
name, we send a clear message to all. "it's ok to lie and harm
others through those lies" It's not right. When a person or a group
of people lie to the public to meet their own ends, the public should
be made aware of the lies and the liars. Our litigious society has become
so fearful of lawsuits that we aren't even allowed to give someone an
accurate recommendation for a job for fear of lawsuits. This doesn't
protect us, it protects the "bad guys" and I'm sick of it.
Hell yes.....name names. Thanks, Doris Tamboryn”
overtam@aol.com
“An outstanding YES! If there were others
that expressed the same information I could see a trend. but it looks
like that is not the case. We all have disgruntled ex-employees, it's
the cost of doing business and hopefully they are very small number.
but sounds like some chicken %$& action that should be brought to
the forefront.”
The overwhelming number of those who voted “yes” did not make any comment. If
there was a comment, it generally was one word, such as:
“Divulge”
A
good number of those who did write in comments, had conditions on them,
such as:
“Only if Jim has SOLID UNDISPUTABLE EVIDENCE”
“Only after he is satisfied with his due diligence in the matter.”
barrettm@exchangebank.com
|
|
Half
of those who voted “no,” could
also be construed as “yes,”
such as:
“Jim sounds like a solid hard working
individual. He should not stoop to the level of the covert coward of
Kinkos. Personally I would advise him to do his best to stay focused
without being distracted from growing his business. If he has real proof
I would turn it over to a good attorney. After he wins publish the results
on leasing news for all to see. Ed Castagna Nassau Asset Management”
Many
of the no’s also echoed those who choose “none of the above, such as
“who cares?” “Give it a Rest.”
Perhaps
the best response in the small “no”
category:
“Mr. Raeder is entitled to pursue his
accuser in the manner which he feels is appropriate and it appears he
is contemplating some legal recourse against the individual. His position
should be respected. Whether or not the leasing community at large knows
the culprit is not as relevant as the fact that we are aware that there
are less than reputable individuals in our industry. As leasing professionals
we need to discredit these people by raising the standards that we personally
operate under. By doing so the "less then desirables" will
be seen by funding sources, vendors, competitors and clients for what
they truly are ... hacks.”
tficca@usxl.com
Now
to the main purpose of the survey:
What
will Jim Raeder’s reaction be to the overwhelming number of his colleagues
who believe he should divulge the name of the person.
For
the record, we will attempt to obtain a statement from
the
person named, who is on the credit card receipt, video
tape,
and identified by the Kinko’s clerk as the sender of
the
e-mail.
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. |
---------------------------------------------------
### Press Release
#########################
MicroFinancial
Secures $30 Million Line of Credit From CIT
WOBURN, Mass., -- MicroFinancial Incorporated (NYSE:MFI) announced
that it has arranged for a three year, $30 million senior secured revolving
line of credit from CIT Commercial Services, a unit of CIT Group (NYSE:CIT).
This line of credit replaces the previous one year, $8 million credit
facility under more favorable terms and conditions including, but not
limited to, pricing at prime plus 1.5% or Libor plus 4%. In addition,
it retired the existing outstanding debt with the former bank group.
MicroFinancial is
a financial intermediary specializing in vendor based leasing and finance
programs for microticket size transactions in the $500 to $10,000 range.
Richard Latour, President
and Chief Executive Officer of MicroFinancial stated, "We are delighted
to receive this new senior credit facility from CIT which will provide
us with a greater level of flexibility in our product offerings to our
customers and vendors."
"We are pleased
to provide this financing facility to help MicroFinancial implement
its strategic plan," said John F. Daly, President of CIT Commercial
Services.
About MicroFinancial
MicroFinancial Inc. (NYSE: MFI), headquartered in Woburn, MA, is a financial intermediary specializing in leasing and financing for products in the $500 to $10,000 range. The company has been in operation since 1986. For more information,
visit www.microfinancial.com
About CIT
CIT Group Inc. (NYSE:
CIT), a leading commercial and consumer finance company, provides clients
with financing and leasing products and advisory services. Founded in
1908, CIT has nearly $50 billion in assets under management and possesses
the financial resources, industry expertise and product knowledge to
serve the needs of clients across approximately 30 industries. CIT,
a Fortune 500 company, holds leading positions in vendor financing,
factoring, equipment and transportation financing, Small Business Administration
loans, and asset-based lending. CIT, with its principal offices in Livingston,
New Jersey and New York City, has approximately 5,800 employees in locations
throughout North America, Europe, Latin and South America, and the Pacific
Rim. For more information, visit www.cit.com
SOURCE: MicroFinancial
Inc.
MicroFinancial Inc.
Richard F. Latour,
781-994-4800
( Further stories
about MicroFinancial/Leasecomm are available at:
http://www.leasingnews.org/Conscious-Top%20Stories/micro_leasecomm.htm )
###
Press Release ##########################
---------------------------------------------------------------
“News
Briefs”
Consumer Spending
Was Flat in August
http://www.washingtonpost.com/wp-dyn/articles/A63408-2004Sep30.html
Fixed-rate mortgages
edge higher
http://www.usatoday.com/money/perfi/housing/2004-09-30-mortgages_x.htm
Citigroup's Prince
Defends His Vision
http://www.washingtonpost.com/wp-dyn/articles/A63533-2004Sep30.html
10 S.F. hotels expected
to lock out workers
Action against 2,600
employees is response to strike
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/
---------------------------------------------------------------------
“Sports
Briefs”
Rattay expects to
play Sunday for 49ers
http://www.theredzone.org/news/showarticle.asp?ArticleID=1645
Parcells tells '60
Minutes' players have taken swings at him
http://www.theredzone.org/news/showarticle.asp?ArticleID=1640
Plummer at odds with
NFL on wearing '40' decal on helmet
http://www.rockymountainnews.com/drmn/broncos/article/
0,1299,DRMN_17_3219584,00.html
-------------------------------------------------------------------
“California
Nuts Briefs”
Canadian drug bills
vetoed by Governor Schwarzenegger
Measures would have
helped consumers, let state agencies shop north of border
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/
Schwarzenegger rejects
bridge bid Bay span to be rebid or redesigned
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/
“Gimme
that Wine”
As predicted, this
year's California harvest is
light
and almost over
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/
archive/2004/09/30/WIGIF90L511.DTL
Kendall-Jackson making
first venture into advertising
http://www1.pressdemocrat.com/apps/pbcs.dll/article?AID=/
20040930/NEWS/409300378/1036/BUSINESS
8th Annual Vincenzo
Wine & Food Festival Attracts Award, San Rafael, Ca- Winning Napa
and Sonoma Valley Wineries to Auction their Rare Vintages, Sunday, Oct 3
http://www.vino.com/press/press_release.asp?PRID=438
For a state that
still clings to its dry past, Kansas makes surprisingly good wine. But
don’t try to ship it.
http://www.pitch.com/issues/2004-09-30/news/feature.html
Kelson Creek Winery:
A sporty, fun new look
http://www.ledger-dispatch.com/life/lifeview.asp?c=125340
Complete Wine Cellar
Management Services Now Available Throughout The Midwest
http://www.vino.com/press/press_release.asp?PRID=436
“Day in American History”
1608-
A glass factory was established in Jamestown, VA. Eight German and Polish mechanics were imported
to start the new industry. Among
the factory’s products were glass beads for use in trade with the Native
Americans. The factory remained
in operation spasmodically for about seven years and was then disbanded,
owing chiefly to the fact that the workers found it more profitable
to grow tobacco for shipment to England.
It appears Europe had never chewed,
snuff, smoked in
a pipe, paper, or tobacco wrapper before.
They quickly
became quite addicted
to the import from the colonies. The London Company later sent Captain
William Norton, accompanied by four Italians and two servants, to revive
the Jamestown glass factory, which resumed operations on July 25,1621. The massacre of the colonists by Native Americans in 1622 put an
end to it.
1781-Birthdday
of James Lawrence, brilliant American naval officer, whose last battle
was a defeat, but whose dying words became a most honored naval motto.
Lawrence, born at Burlington, NJ, was captain of the Chesapeake
when she engaged in a naval duel with HMS Shannon off Boston, June 1,
1813. The Chesapeake was captured
and towed to Halifax, as a British prize.
Lawrence was mortally wounded by a musket ball during the engagement
and uttered his famous last words, “Don’t give up the ship,” as he was
being carried of the ship’s deck.
1800 - The territory of Louisiana, encompassing the entire
region of the Mississippi-Missouri river valleys, was ceded by Spain
to France in the secret treaty of San Ildefonso. France envisioned a
great French empire in the New World, and it hoped to use the Mississippi
Valley as a major food and trade center. In 1803, economic and political
problems forced France to sell the territory to the United States.
1861-The first Union ship captured in the Civil War was the
U.S.S. Fanny, an Army stream tug that grounded on a shoal in Pamilico
Sound, NC, while it was en route to Chicomacomica, the encampment of
the 20th Indiana Regiment. The pilot and deckhand escaped by swimming
ashore, but the ship was captured by Confederate naval forces. Also
captured were the Raleigh, a small iron-hull propeller-driven towing
steam, the Jualuska, a vessel of 79 tons, and the Culew, 260 tons.
http://www.amazon.com/exec/obidos/ASIN/0533017181/
inktomi-bkasin-20/104-5278168-8037550
1864-
Rose O'Neal Greenhow drowned when her small open boat overturned while
attempting to run the blockade of the harbor of Wilmington, North Carolina.
Her clothes were weighed down with gold coins she was attempting to
smuggle into the cash-poor South. Before her death, she was a spy for the confederacy and had been
imprisoned by the Union secret service. After being released, she traveled
to Europe to aid the Confederacy by collecting funds. It was those funds,
sewn into her clothes, that caused her death.
A monument in Wilmington commemorates her accomplishments as
well as a marker in the marvelous historical district of that city.
http://www.americancivilwar.com/women/greenhow.html
http://search.eb.com/women/pri/Q00176.html
http://www.npg.si.edu/exh/brady/gallery/51gal.html
http://www.womenshistory.about.com/library/bio/
http://www.sameshield.com/spies/greenhow.html
http://wwwmoore.nhcgov.com/Pages/Photos/22.htm
http://www.ohwy.com/nc/o/oakdacem.htm
“Oakdale Cemetery
520 N. 15th St., Wilmington
When Nance Martin died at sea in 1857, her body was preserved, seated
in a chair, in a large cask of rum. Six months later she was interred
at Oakdale Cemetery, cask and all. Her monument and many other curious,
beautiful and historic markers are to be found within the labyrinth
of Oakdale Cemetery, Wilmington's first municipal burial ground, opened
in 1855. At the cemetery office, you can pick up a free map detailing
some of the more interesting interments, such as the volunteer firefighter
buried with the faithful dog that gave its life trying to save his master,
and Mrs. Rose O'Neal Greenhow, a Confederate courier who drowned while
running the blockade at Fort Fisher in 1864. Amid the profusion of monuments
lies a field oddly lacking in markers-the mass grave of hundreds of
victims of the 1862 yellow fever epidemic. The architecture of Oakdale's
monuments, its Victorian landscaping and the abundance of dogwood trees,
make Oakdale beautiful in every season. The cemetery is open until 5
PM every day. Bicycles are not permitted.”
1867-Morgan State College Founded in Maryland.
1880
- A new director of the United States Marine Corps Band was named. John
Philip Sousa became the band’s 17th leader. In 1888 he composed "Semper
Fidelis", traditionally known as the official march of the Marine
Corps.
1883
-American churchman A. B. Simpson founded the first school in America
to train missionaries, in New York City. Called the Missionary Training
Institute in 1894, its name was changed to Nyack College in 1972.
1884- the first baseball championship was played
at the Polo Grounds, New York City. The Providence Grays defeated the New York
Metropolitans three games to one.
1889
-Birth of Ralph W. Sockman, American scholar and devotional writer.
His best-remembered poem begins: "I met God in the morning, when
my day was at its best...."
1890-Yosemite
Valley and Mariposa Big Tree Grove, granted to the State of California
June 30, 1864, were combined and established as a national park.
1892-The
university of Chicago opened with an enrollment of 594 and a faculty
of 103, including eight former college presidents.
1893-Birthday of singer Kid Sox Wilson, Jacksonville, FL.
1893 - The second great hurricane of the 1893 season hit the Mississippi
Delta Region drowning more than 1000 persons.
1896-Rural
Free delivery mail was established.
1896-
the first all-fiction pulp magazine was the Argosy, 1092 pages, 7 by
10 inches. It was published
in New York City, starting a craze of such magazines.
1903-The
First Modern World Series Game: The Pittsburgh Pirates defeated the
Boston Pilgrims ( later the Red Sox ), 7-2, in the first game of the
1903 World Series, the first postseason series matching the champions
of the National League and the American League. Jimmy Sebring of Pittsburgh
hit the first World Series home run. Deacon Phillippe was the winning
pitcher. Cy Young the loser.
( bottom half of:
http://memory.loc.gov/ammem/today/oct01.html
)
1904-Bulk
mail was authorized by Congress on April 28, 1904, and went into use
this day. It permitted 2,000 or more identical pieces of third-class
or fourth-class mail to be mailed without stamps, affixed, in exchange
for a fee. The denomination of the postage, the place of mailing, and
the permit issued by the post office for the mailing was printed in
place of the stamp.
1905
- The Julliard School of Music was founded in New York City.
1908-Ford
introduced the Motel T at a price of $850 but by 1924 the basic model
sold for as little as $260. Between 1908 and 1924 Ford sold 15,007,033
Model Ts in the US. Although the first Model Ts were not built on an
assembly line, the demand for the cards was so high that Ford developed
a system where workers remained at their stations and cars came to them.
This enabled Ford to turn out a Motel T every 10 seconds. 1920-Birthday
of guitarist/harmonica player Johnny “ Blind” Brown, Montgomery, AL.
1913-The
first monument to a bird was unveiled at Salt Lake City, UT. It was
designed by Mahonri Young, a grandson of Brigham Young, to commemorate
the sea gulls from the great Salt Lake that attacked a devouring horde
of black crickets, or grasshoppers, that were destroying the wheat fields
of the Mormon settlers in May, 1848.
1921-
Margaret Hillis birthday - One of this nation's most distinguished conductors
.
* received Master's degree in choral conducting from Juilliard
School of Music (1949),
* Robert Shaw's assistant for two years,
* resident conductor of the Chicago Civic orchestra,
* formed the American Concert and American Concert Orchestra in
1950,
* founded and became music director of the American Choral Foundation
in 1954,
* appointed chorus director
of the Chicago Symphony in 1957,
* appointed chorus director of the Cleveland Symphony in 1969.
She also created, organized and conducted the Chicago Symphony
Chorus and the Elgin (Illinois) Symphony Orchestra, was resident conductor
of the Civic Orchestra of Chicago, and chaired the Department of Choral
Activities at Northwestern University.
In 1977 she subbed for an ailing George Solti to conduct Mahler's
monumental Eighth Symphony which has 400 musicians and singers. She
got rave reviews - but was sent back to the chorus podium.
Hillis won a Grammy award for "the best choral performance
of 1977" for the Verdi Requiem with Solti conducting, and again
in 1978 for the Beethoven Missa Solemnis.
From early childhood in Kokomo, Indiana, she accompanied her
mother to travel to concerts, sometimes 16 in two weeks. Her grandmother
had a full pipe organ in her living room (pipes in the basement).
She died in February 6, 1998.
http://centerstage.net/music/whoswho/MargaretHillis.html
http://www.amazon.com/exec/obidos/tg/detail/-/B00004SCXS/
103-5362656-4423850?v=glance#product-details
1924-
birthday of Jimmy Carter, thirty-ninth US President (1977-81).
1928
- Duke Ellington recorded "The Mooche" on the Okeh label.
1928
- "Forever", by Ben Pollack and his band, was recorded on
Victor Records. In Pollack’s band were two talented young musicians:
Benny Goodman and Jack Teagarden,
1932-
Babe Ruth, In the fifth inning of game three of the World Series, with
a count of two balls and two strikes and with hostile Cubs fans shouting
epithets at him, Babe Ruth pointed to the center field bleachers in
Chicago’s Wrigley Field and followed up by hitting a soaring home run
high above the very spot to which he had just gestured. With that homer
Ruth squashed the Chicago Cubs’ hopes of winning the game, and the
Yankees went on to sweep the Series with four straight victories. For
more than half a century the question has remained: Did Ruth actually
call his shot that day? Even eyewitnesses disagree. Joe Williams of
The New York Times wrote,
“In no mistaken motions, the Babe notified the crowd that the nature
of his retaliation would be a wallop right out of the confines of the
park.” But Cubs pitcher Charlie Root said, “Ruth did not point at the
fence before he swung. If he’d made a gesture like that, I’d have put
one in his ear and knocked him on his ass.” Ruth’s daughter has said
that he denied it. But the Babe himself also claimed he had. Fact or
folklore? Either way, legend!
1932-Birthday of guitarist Albert Collins, Leona, TX.
1933-
Babe Ruth had pitched only once in 12 years when he took the mound for
the New York Yankees in their final game of the season. Ruth hurled all nine innings, hit a home run
in the fifth and beat his original team, the Boston Red Sox, 6-5. It was a fitting finish to his 20th
season in the majors: because this turned out to be his last pitching
appearance, his 1-0 record in 1933 meant that Ruth never had a losing
season as a pitcher.
1935-Birthday
of Ulie Andrews ( Julia Wells, singer, actress, born Walton-on’ Thames,
England.
1935-Benny
Goodman Band closes at Palomar, LA, after launching big band era with
its August 21st opening.
1935-Birthday
of singer Ann Richards , wife of band leader Stan Kenton.
http://www.mrlucky.com/songbirds/html/may99/a_arichards.html
1936-Birthday of harmonica player George “Wild Child” Collins,
Autaugaville, AL.
1940-Birthday of accordion player Marc Savoy, Eunice, LA
1942- The first jet airplane designed and built in the United
was the XP-59, an Airacomet, built by the Bell Aircraft Corporation,
Buffalo, NY, and flown for the first time at a secret testing base in
Muroc, CA, by Robert Morris Stanley. It was rated over 400 miles per hour and in
excess of 40,000 feet. The higher the latitude ( up to a certain maximum,)
the faster it flew. It employed
two turbojet engines built by the General Electric Company from designs
made by Group Captain Frank Whittle, the British inventor. The fuel was generally kerosene, although anything that burned could
be used as a substitute. There was no propeller.
1944- Emil “Dutch” Leonard defeated the Detroit Tigers,
4-1, to pitch the St. Louis Browns to the only American League Pennant
in their history. The Browns went on to lose the World Series to the
St. Louis Cardinals, four games to two.
1946
-- American novelist and short story writer Judith Freeman lives, Ogden,
Utah. Her first novel, The Chinchilla Farm (1989), is a road
novel about a Mormon woman who packs all of her belongings into a livestock
trailer and heads for L.A. after her husband walks out.
1947-On
this day the first residents moved into what would become Levittown
at Long Island, NY. The community developed by William Levitt and his
brother Alfred with their father Abraham started as affordable rental
houses bu lt for returning World War II veterans. In 1948 the Levitts began to sell the 800-square-foot homes for
under $8,000. By 1951, when
the first community was finished, the Levitts had built 17,447 mass-produced
Cape Code and ranch homes. In 1952, they started construction of a new
Levitttown in Bucks County, PA, where they built another 17,000 houses,
and beginning in 1958, they build another 12,000 homes in Wilingboro,
NU.
1951-
the first commercially made transistor was produced by the Western Electric
Company, Allentown, PA, for long-distance dialing equipment of the Bell
Telephone System.
1952-
“This is Your Life” premiered on TV. Ralph Edwards hosted this program
that lured unsuspecting guests on the show and surprised them by detailing
their lives and achievements with their family and friends. It began
as a radio show in 1948. 1957 - U.S. B-52 bombers in the Strategic Air
Command went on 24-hour alert status because of the perceived threat
of an attack from the Soviet Union.
1955-
"Honeymooners" premieres on TV.
Originally a skit on the “Jackie Gleason”, Ralph Kramden ( Jackie
Gleason), bus driver, Ed Norton (Art
Carney),
sewer worker, Alice Kramden (Audrey Meadows), Ralph’s wife,
and Trixie
Norton ( Joyce Randolph), Ed’s wife had a two year run (39)
episodes
that are still re-running on TV today.
There was little rehearsal--Gleason liked it that way--and there were no second takes--the
show went out live. The sets were painted cardboard (with the only apartment
doors in the world that opened out instead of in). And nobody imagined
this short run series of half-hour episodes would rerun continuously
somewhere on TV for the next 50 years They are on video today, including the four lost episodes.
http://us.imdb.com/Title?0042114
http://www.fiftiesweb.com/honeymnr.htm
http://members.aol.com/mark916/
1955-
In Game 4 of the World Series at Ebbets Field, the Dodgers defeat the
Yanks, 8-5.
1957---Top
Hits
Wake Up Little Susie
- The Everly Brothers
Honeycomb - Jimmie
Rodgers
Chances Are/The Twelfth
of Never - Johnny Mathis
My Shoes Keep Walking
Back to You - Ray Price
1958 - The novel, The Ugly American, by William Lederer
and Eugene Burdick, was published on this date in New York. The novel
was later made into a movie, which starred Marlon Brando.
1961-
Roger Maris of the New York Yankees hit his 61st home run,
breaking Babe Ruth’s record for most home runs in a season. Maris hit his homer against Pitcher Tracy Stallard
of the Boston Red Sox as the Yankees won 1-0. Controversy over the record
arose because the American League had adopted a 162-game schedule in
1961 and Maris played in 161. In
1927, when Ruth set his record, the schedule called for 154 games and
Ruth played in 151. On the this date, exactly two years later, a baby
named Mark McGwire will be born. On
September 8, 1998, Mark McGuire of the St. Louis Cardinals hit his 62nd
home run, breaking Maris’ record.
http://memory.loc.gov/ammem/today/oct01.html
(box score )
http://www.nationalpastime.com/100161bs.html
audio CD:
http://shop.mlb.com/dr/sat2/ec_MAIN.entry17c?CID=73877&SID=34935&SP
=10007&PN=5&PID=401243&DSP=&CUR=840&PGRP=0&CACHE_ID=73877
1962- James Meredith became the
University of Mississippi's first black student after 3,000 troops put
down riots, completing the registration he began yesterday.
1962
- “From New York ... heeeeeeeeeere’s Johnny!” Ed McMahon introduced
the new host of NBC’s "Tonight Show" for the first time. Johnny
Carson entertained late-night America for nearly three decades. His
first guest was Barbara Stanwick. He is reportedly suffering from emphysema.
http://www.hollywood.com/celebs/bio/celeb/346622
http://news.bbc.co.uk/1/hi/entertainment/tv_and_radio/2271172.stm
1962-
Barbra Streisand signs her first recording contract (with Columbia)
http://www.bandhunt.com/artists_albums/barbrastreisand.html
1962-“The Merv Griffin Show” prem