December 28, 2012-January 3, 2013, Vol. 6, Issue 1 6 Health Care 14 Sports Children around the The globe without access Grizzlies to adequate medical » resources are getting a have proven that helping hand from The saying goodbye International Children’s to O.J. Mayo – Heart Foundation. now with Dallas – has worked out for both ‘Banner year’ for logistics industry: The city’s most prominent industry – logistics and distribution – turned in a Memphis and its Shelby • Fayette • Tipton • Madison stellar 2012 with especially good news in the road and rail sectors. Page 19 former player.

Turning the Page>>> World didn’t end in 2012, and Memphis’ future looks promising Page 16

24 Small-Business Spotlight Business is booming for Memphis handbag designer Katie Kalsi, who has a recently revamped website and a deal with a department store.

weekly digest: page 2 real estate: pages 20-21 law talk: page 22 NEWSMAKERS: page 25 EDITORIAL: page 30

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Fogelman Partnership Buys Supreme Court Rules The Gift and Art Shop Other dates and locations include: Jan. 26 at Bloomfield Baptist Church, 123 Atlanta Apartments for $44 Teacher Wrongly Fired To Close After 55 Years South Parkway; and Feb. 16 at Breath of Life A joint venture with Memphis-based The Tennessee Supreme Court, in a The Gift and Art Shop Inc. – an upscale Church, 3795 Frayser Raleigh Road. Fogelman Venture Partners and New York- unanimous opinion, has ruled the old Mem- boutique offering china, crystal, flatware, Registration begins at 8:30 a.m. at all based DRA Advisors LLC acquired The Resi- phis City Schools board acted improperly stationery and other specialty items – is events. The program begins at 9 a.m. and dences at Northlake Apartments in Atlanta in 2007 when it fired a tenured teacher who closing its doors at 4704 Poplar Ave. after 55 ends at noon. and concurrently renamed the community took extended sick leave without written years in business. A $1,500 grant and other benefits will CityNORTH Apartments. charges or a termination hearing. An email sent to customers Wednesday, be awarded in March to the best business CityNORTH is a 357-unit, Class A mid- The high court’s opinion reverses a Dec. 26, by the store’s owner, Evelyn Heun, plan presented by the participants to help rise apartment community built in 2006. The Tennessee Court of Appeals decision and said it’s “now time for me to move into an- get their business started or to help them property was 95 percent occupied at the time reinstates a trial court judgment awarding other chapter of my life and enjoy time with grow their business. All three events will of the acquisition. Saundra Thompson back pay and damages. my family.” benefit the abused women services efforts CityNORTH is comprised of four- and Shelby County Chancellor Arnold Goldin A closing sale started Wednesday with at of YWCA of Greater Memphis and F.F.U.N five-story buildings with interior corridors, awarded Thompson back pay, damages and least 40 percent off merchandise. – Freedom From Unnecessary Negatives. elevator access and an attached parking legal fees totaling $325,419 and ordered her The Gift and Art Shop opened in 1957. Participants are asked to bring an item to garage. reinstated. Calls to The Gift and Art Shop were not im- donate or financial contribution to one of Apartment homes include gourmet But the appeals court remanded the case mediately returned. those organizations and get free entry. kitchens, stainless steel appliances, up- back to Goldin, ruling there was a dispute Registration is required. For more infor- graded cabinetry and ceramic tile flooring. about whether Thompson sought additional mation, contact The Carter Malone Group at The property has one- and two-bedroom sick leave prior to being fired or whether she 278-0881 or visit www.cmgpr.com. floor plans with rental rates of $849 to $1,149 did not make such a request. Carter Malone Group Hosts per month. Since Thompson was terminated in Entrepreneurship Events Fogelman Management Group will man- 2007, the school board governing public age the property. Founded in 1963, the firm schools within the city of Memphis has since The Carter Malone Group LLC is hosting US New Home Sales Jump presently manages 60 apartment commu- been merged with the Shelby County Board three free symposiums entitled “Controlling To Fastest Rate in 2½ Years nities totaling more than 18,000 apartment of Education to form a countywide school How the Cookie Crumbles: Educating and homes Southeast, Southwest and Midwest board governing both school systems. The Empowering Entrepreneurs” in the coming Americans bought new homes last regions of the country. two school systems merge in August 2013. weeks. month at the fastest pace in more than two Rick and Mark Fogelman are the princi- Meanwhile, the state tenure law at is- The seminars start Jan. 12 at Bethlehem and a half years, further evidence of a sus- pals of Fogelman Venture Partners. sue in the Thompson case has since been Missionary Baptist Church at 918 Looney tained housing recovery. Fogelman Venture Partners and DRA amended by the Tennessee legislature. Ave. at 9:00 a.m. It’s designed to target Sales of new homes rose 4.4 percent in Advisors joined forces to buy a pair of The Supreme Court opinion applies only women and minorities who are interested November from October to a seasonally apartment communities in Houston in to the state law that existed at the time of in starting a business or are new business adjusted annual rate of 377,000, the Com- November. Thompson’s claim. owners. merce Department said Thursday. That’s the

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fastest pace since April 2010, when a federal with a year ago. That’s the largest year-over- tax revenue for the county. Food Bank during the fifth annual Mid- tax credit boosted sales. year increase in two and a half years. And Lenoir will walk attendees through the South Food Bank Student Food Drive. New-home sales have also increased 15.3 prices rose for the 12-month period in 18 of process of acquiring properties through the The bank accepted donations from percent over the past year. The improvement the 20 cities tracked by the index. tax sale. Land Bank Administrator Dawn customers and employees throughout comes from depressed levels. Sales remain Sales of previously occupied homes rose Kinard will explain its process and goals and November at its Paragon Place, Fountain below the 700,000 that economists consider to the highest level in three years in Novem- demonstrate the Land Bank’s free, online Place, Saddle Creek and Grove Park bank- healthy. ber, the National Association of Realtors said property mapping system. ing centers. Steady job gains this year and ultra-low last week. Attendees will be able to ask questions Paragon president and chief operating mortgage rates have boosted sales of both Though new homes represent only a at a Q&A panel with Lenoir, Kinard and staff officer Mike Edwards and several staff mem- newly built and previously occupied homes. small portion of the housing market, they attorneys. bers presented a check and food donations More people are looking to buy or rent a have a disproportionate impact on the The Real Estate Road Show is free and to Estella Mayhue-Greer, president and CEO home after living with relatives or friends economy. Each home built creates an aver- open to the public and comes in advance of the Mid-South Food Bank, during the during and immediately after the Great age of three jobs for a year and generates of the county’s second tax sale of the fis- WMC-TV Action News 5 Holiday Food Drive Recession. about $90,000 in tax revenue, according to cal year Jan. 9 at 160 N. Main St. The Road earlier this month. Another big reason for the rebound is statistics from the National Association of Show could be of interest to local real estate The Student Food Drive is a food drive the excess supply of homes that were built Home Builders. agents, appraisers, builders, property inves- conducted by Mid-South area high school during the housing boom has finally thinned tors, bankers and nonprofits looking for students to benefit the Mid-South Food out. Only 149,000 new homes were for sale affordable property for themselves or for Bank. at the end of last month, according to the programming purposes. report. That’s just above a record low of Trustee to Hold Third The event will be held in the conference 143,000 in August. Real Estate Road Show room at The Memphis Leadership Founda- Still, the market is steadily improving tion, 1548 Poplar Ave. The 90-minute session ServiceMaster Employee and that has lifted builder confidence to Shelby County Trustee David Lenoir will start at 3 p.m. Coffee, beverages and light Retires After 50 Years its highest level in 6 ½ years, according to is partnering with real estate information refreshments will be provided. the National Association of Home Build- company Chandler Reports and the Com- Space is limited. RSVP by emailing cshef- Just before the Christmas holiday break, ers/Wells Fargo survey released last week. munity Development Council to present its [email protected] or calling Frances Hill retired from Memphis-based The pace of home construction is nearly 22 third Real Estate Road Show Thursday, Jan. 3. 432-4884. ServiceMaster Co. after more than 50 years. percent higher than a year earlier, according The Real Estate Road Show is meant to Hill’s tenure predates the movement of to government data. Builders are on track focus attention on the growing portfolio of the companies she worked for under the this year to start work on the most homes county-owned properties – which is now ServiceMaster umbrella. Since 2002 she had in four years. approaching 4,000 parcels – as well as those Paragon Makes Donation been the receptionist at ServiceMaster head- Home prices are also increasing. The currently being marketed through the Shelby To Mid-South Food Bank quarters, working as part of the corporate Standard & Poor’s/Case-Shiller national County Land Bank. facilities department. home price index released Wednesday in- Lenoir said the ultimate goal is to reduce Paragon National Bank collected $14,200 She began as a switchboard operator at creased 4.3 percent in October compared blight and have these properties producing and 568 pounds of food for the Mid-South what became Terminix when the company

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was part of E.L. Bruce Co., an oak flooring Jones Indexes. will descend the wall, landing to launch a wardly revised 3.2 percent jump in October, company. She stayed through the purchase The improvement in housing is adding fireworks display announcing the New Year. the biggest in 10 months. of Terminix by ServiceMaster in 1986. to economic growth and most analysts ex- WKNO-TV/Channel 10, will broadcast Those back-to-back increases followed a Hill left the company in 1999 but re- pect that to continue in 2013. live from Beale Street beginning at 11 p.m. period of weakness in so-called core capital turned in 2002 and resumed her work greet- But automatic tax increases and spend- with coverage of the night’s festivities, in- goods that had raised concerns about busi- ing everyone from visitors to board members ing cuts that are set to take effect next week cluding the Guitar Drop. ness investment, a driving force in the eco- and CEOs. could drag down growth. The White House The concert and Guitar Drop cap an nomic rebound. Bill Anderson, ServiceMaster manager of and Congress have so far failed to reach exciting two days on Beale Street. Bands, The overall increases in orders for corporate facilities and Hill’s boss, said her agreement on a way to avoid the “fiscal cliff.” cheerleaders, and coaches from Iowa State durable goods were widespread in Novem- role at the company has been an important President Barack Obama and congressional University and the University of Tulsa will ber. Only demand for commercial aircraft one with Hill remaining a constant in the lawmakers will return to Washington on highlight the Liberty Bowl Parade at 3 p.m. showed a big decline. company’s culture through various changes. Thursday to resume talks. on Sunday, Dec. 30. Handy Park then will be The surge in orders in the business “You walk through our corporate head- “We expect home price appreciation to the scene of the Liberty Bowl Pep Rally at 5 investment category defied concerns that quarters and you are always greeted by her continue for the foreseeable future, because p.m. that day. businesses might be reducing investment heartfelt smile,” he said. “There is not a inventories are lean amid rising sales,” said At 7 p.m., the spotlight moves to FedEx- because of uncertainty about how the de- person who has walked through those doors Joseph LaVorgna, chief U.S. economist at Forum, where the University of Memphis bate over the “fiscal cliff” will be resolved. that she has not gone out of her way to treat Deutsche Bank. “This assumes that a resolu- will host Loyola of Maryland. Total orders for transportation equip- special and make them feel at home.” tion to the ‘fiscal cliff’ is found ... otherwise, ment dropped 1.1 percent. The decline the recent positive trend in housing would reflected a 13.9 percent fall in commercial most certainly be in jeopardy along with the aircraft orders, which offset a 3.5 percent rest of the current economic expansion.” US Durable Goods gain in orders for motor vehicles and parts. US Home Prices Rise In Prices nationwide have recovered to Orders Up 0.7 Percent Excluding transportation, orders for October From Previous Year about the same level as in the fall of 2003, nondurable goods, items expected to last at according to the Case-Shiller index. They U.S. companies boosted their orders in least three years, rose to $220.9 billion. For US home prices rose in most major cit- remain about 30 percent below the peak November for long-lasting manufactured the year, they’re up 7.3 percent. ies in October compared with a year ago, reached in the summer of 2006. goods that reflect investment plans. It was Orders rose 3.3 percent for machinery pushed up by rising sales and a decline in The S&P/Case-Shiller index covers the second straight such increase, an en- rose, 2.4 percent for primary metals such as the supply of available homes. Higher prices roughly half of U.S. homes. It measures couraging sign for the economy. steel and 3.1 percent for computers. show the housing market is improving even prices compared with those in January 2000 The Commerce Department said Friday as it moves into the more dormant fall and and creates a three-month moving average. that overall orders for durable goods rose a winter sales period. The October figures are the latest available. seasonally adjusted 0.7 percent in November The Standard & Poor’s/Case-Shiller na- Solid gains in home prices have helped over October. Tupelo Touts Elvis Origins tional home price index released Wednesday drive a modest recovery in the housing But a more closely watched category In Graceland Exhibit increased 4.3 percent in October compared market. Rising prices encourage more po- of orders that tracks business investment with a year ago. That’s the largest year-over- tential buyers to come off the sidelines and surged 2.7 percent. That followed an up- Mississippi officials hope that a new year increase in two and a half years, when purchase homes. a homebuyer tax credit temporarily boosted sales. Prices rose in October from a year ago in 18 of 20 cities. Phoenix led all cities with WKNO-TV to Broadcast a 21.7 percent gain, followed Detroit, where Beale Street New Year’s Eve prices increased 10 percent. Prices declined in Chicago and New York. Beale Street will be home to a New Year’s Home prices fell in 12 of 20 cities in Oc- Eve celebration this Dec. 31, with an outdoor tober compared with September. Monthly concert, the traditional Guitar Drop and prices are not seasonally adjusted, so the fireworks at the stroke of midnight. decreases reflect the end of the peak buy- This New Year’s Eve theme is “Celebrate ing season. 30 Years of Resurrecting the Blues.” The rib- Still, the broader trend is encouraging. bon cutting for the rebirth of Beale Street October marked the fifth straight month of took place in October 1982. Since that time, year-over-year gains, after nearly two years Beale Street has become a globally renowned of declines. Prices rose in mid-2010 in the entertainment district. final months before the tax credit expired. The entertainment district will host 13 They had fallen sharply in 2008 and 2009. Mid-South bands during an eight-hour free “It is clear that the housing recovery is concert to be held on a stage at Beale Street gaining strength,” said David Blitzer, chair- and Rufus Thomas, adjacent to the Hard man of the index committee at S&P Dow Rock Cafe, where an enormous lighted guitar

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Graceland exhibit about Elvis’ boyhood will past two weeks. draw visitors to his birthplace in Tupelo. The duo represented Saddle Vineyards Tourism officials visited the exhibit, L.P. in the sale of Macon Pointe Apart- titled “Elvis’ Tupelo,” on Thursday. It show- ments to Macon Pointe Apartments LLC FROM THE BLOG cases posters and memorabilia from every for $925,000. Tupelo Elvis Festival and features a movie Macon Pointe is a 74-unit, garden-style titled “Tupelove.” apartment community that was constructed Tree Facelift Underscores Neal McCoy, executive director of the in 1969 in the Berclair neighborhood. Tupelo Convention and Visitors Bureau, tells Bronson and Pera also represented Overton Park’s Banner Year WTVA-TV that he hopes the display will draw Hudson Advisors in the Real Estate Owned some Elvis fans from his famous Memphis portfolio sale of Birchleaf Place (64 units), Editor’s Note: “From the Blog” is a weekly feature that highlights home to his more humble beginnings in Graceland Square (40 units) and Chambliss some of the enterprising work our staff and contributors post on The northeast Mississippi. Village Apartments (36 units) to Saddle Vine- Daily News blog, blog.memphisdailynews.com. Each year, Graceland draws anywhere yards L.P. for slightly more than $1 million. between 600,000 and 650,000 people a year. All three properties are located in the SARAH BAKER | The Memphis News In comparison, the Elvis birthplace in Tupelo West Winchester submarket near Graceland. draws anywhere between 40,000 and 45,000 Meanwhile, Bronson and Pera repre- people a year. sented the lender in the sale of Southwind, The display is expected to continue a 141-unit apartment community, and verton Park’s 342 acres are now some 400 shades greener, through September 2015. Woodland Towns, a 118-unit complex, both Othanks to 300 new trees and 100 shrubs planted from the located in Biloxi, Miss., on Dec. 11 for $4.5 million to Woodlands Biloxi LLC. border of the Greensward to the East Parkway picnic area. That’s in addition to their representation The park’s plant facelift was funded by landscape design Tighter Prescription Drug of Tritex Real Estate Advisors Inc.’s $2.3 mil- Controls Taking Effect lion sale of Southeast Memphis’ distressed firm Greg Touliatos & Associates Inc., The Miriam and Ernest 220-unit Foxwood Apartments community State health officials hope a new law to RRE Foxwood Holdings LLC. Kelly Family Foundation and members of the Kelly family. requiring doctors to check a database before The plants were installed Dec. 15 by Echo Systems Landscape prescribing certain drugs will help curb ad- diction and prevent deaths. Services, landscape designer Tom Pellet and volunteers from The state’s controlled substances moni- Club Scout Pack 13 at Trinity United Methodist Church. toring database has been around for several Regions Insurance Expands years, but its use has not been mandatory. As Employee Benefits Practice “We gave them what I would describe as an extremely deep of Jan. 1, doctors and others who prescribe drugs will have to be registered with the Regions Insurance, an affiliate of Regions discount to try to help to get as many trees into the park as database. By April 1, they will have to start Bank, is expanding its employee benefits possible,” said Greg Touliatos. “I’ve lived in Midtown for over checking it every time they prescribe certain practice in Memphis. powerful drugs, with limited exceptions. Effective Jan. 1, Argyle Benefits Con- 30 years and I think the park just being so convenient and so Also on Jan. 1, pharmacists will have to sultants LLC will join Regions Insurance’s useful for really everybody, it’s a wonderful thing.” begin updating the database every seven Memphis office. days. Currently they are required to update Argyle partners Tom Merriam and Chris Among Overton Park’s new additions are wintersweet it every 30 days. Rogers, and their four associates, will join shrubs and Cornelian cherry dogwoods. founding partner Philip Johnson as part of the expansion. It’s been quite a year for Midtown’s Overton Park and its The team of agents and support profes- Nucor Offers Guidance sionals will continue their group employee Conservancy. The 1.3-acre dog park, Overton Bark, opened On Fourth Quarter Results benefits practice serving commercial clients, this summer, and Overton Park turned 111 this year. with a focus on benefit program assessment, Executives of Nucor Corp., which owns a creative plan design, program implementa- And construction at Rainbow Lake Playground kicked off steel plant in the Frank C. Pidgeon Industrial tion and management. recently as Viktor Hall Construction LLC began demolishing Park, said last week they expect their fourth Johnson is a founding partner of Argyle quarter earnings results to be lower than Benefits with more than 30 years of insur- an existing stone wall. The 20-year-old playground’s redesign expected. ance industry experience. Merriam has 30 The guidance from the Charlotte, N.C.- years of experience in insurance and em- is by Askew Nixon Ferguson Architects Inc. and is slated to be based company released Tuesday, Dec. 18, ployee benefits consulting, and Rogers has open in the spring. is for earnings of between 25 cents and 30 15 years of insurance experience. cents per diluted share for the quarter end- ing Dec. 31. That’s a decrease from the third quarter earnings of 35 cents a share and fourth US Economy Grew at Rate quarter 2011 earnings of 43 cents per share. Of 3.1 Percent in Summer Nucor executives said the company’s profitability decreased in the fourth quar- The U.S. economy grew at an annual rate Talking to your baby ter compared to the third quarter of this of 3.1 percent over the summer as exports year because of lower margins in the steel increased, consumers spent more and state helps her brain develop. business in general and a smaller inventory and local governments added to growth for credit the company will take in its fourth the first time in three years. But the economy quarter results. is likely slowing in the current quarter. And she won’t contradict you The Nucor earnings results will be an- The Commerce Department’s third and nounced in January. final estimate last week of growth for the until she’s at least 3. July-September quarter was revised up from its previous estimate of a 2.7 percent annual growth rate. CBRE Memphis Sells $8.7M Growth in the third quarter was more In Apartment Properties than twice the 1.3 percent growth rate in the April-June quarter. But disruptions from Tommy Bronson III and Blake Pera with Superstorm Sandy and uncertainty weigh- CB Richard Ellis Memphis’ Multifamily Divi- ing on consumers and businesses from the Go to TUCI.org for a copy of the Parents Guide to Kindergarten Readiness. sion have sold six apartment communities “fiscal cliff” are likely holding back growth totaling 693 units and $8.7 million in the in the October-December quarter. 6 December 28, 2012-January 3, 2013 www.thememphisnews.com

contributors DEc. 28-Jan.3, 2013, VOL. 6, NO. 1 news

health care & biotech

President & CEO Missions Double Peter Schutt bill dries Senior Reporter

General Manager Emeritus Government, Transportation/Distribution/Logistics, Ed Rains Education, Manufacturing, Agribusiness For Heart Foundation 528-5277 | [email protected]

Publisher MICHAEL WADDELL | Special to The Memphis News Eric Barnes

Associate Publisher & Executive Editor James Overstreet Babyheart missions were conducted. Managing Editor Novick is currently on a Babyheart Lance Allan Wiedower mission to Kemerovo, Russia, in the heart of Siberia, where the high temperature is andy meek Deputy Managing Editor Senior Reporter 45 below zero. Eric Smith “We work with the ministers of health Banking/Financial Services/Accountants, Markets & Economy, Economic Development, Small Business, Attorneys/Courts/ or the equivalent thereof in countries Associate Editor Civil Litigation that are either underdeveloped or under- Kate Simone 528-5279 | [email protected] resourced for providing these services to kids,” Carter said. Graphic Designer & Photo Editor Brad Johnson The medical teams generally travel for a minimum of two weeks at a time to a particular geographic area. The 13- to Graphic Designer & Illustrator Illustration: Shutterstock Emily Morrow 16-person teams consist of cardiac sur- hildren around the globe in coun- geons, pediatric anesthesiologists, perfu- Senior Production Assistant tries that do not have the medical sionists that operate the bypass machines Sandy Youngblood C resources available here in the and adjust the temperature of children SARAH BAKER U.S. are getting a helping hand from The prior to and during surgery, operating Production Assistant REPORTER International Children’s Heart Foundation, room and ICU nurses, critical care cardi- Laurie Beck Commercial and Residential Real Estate, Architects/Engi- a local organization targeting congenital ologists, and respiratory therapists – the neers/Construction, Advertising/PR/Media, Tourism/Hospi- heart disease. majority of which volunteer their time and Pressman tality, Food/Restaurants Cedric Walsh 521-2464 | [email protected] Since its inception in 1994, the founda- skills for the missions. tion has conducted Babyheart missions to The most common defects seen are Pressman provide care for more than 6,000 children. ventricular septal defect and atrial septal Pete Mitchell This year the foundation will perform defect, where there are deficiencies in the nearly 900 surgeries, a number that has walls separating the heart’s chambers, Pressman doubled in the past two years. Most of the said Dr. Christian Gilbert, the founda- Robert SHANNON children range from newborns to 3 years tion’s associate medical director of surgery. old, but the program also does surgeries Gilbert did his first Babyheart mission as Administrative Specialist on some older patients, when necessary. a volunteer in December 2008 and then Marsha Payne DON WADE “Everything you can do to help chil- began working for the foundation full time SPORTS COLUMNIST dren is noticed every day, not just once in January 2009. He now goes on 14 to 15 Senior Account Executive Janice Jenkins in a while,” said Terry Carter, foundation Babyheart trips each year. [email protected] executive director. “The work that our “The foundation is growing in an expo- Advertising Director medical teams do is invaluable. It allows nential fashion. The demand for the help Don Fancher the kids to have normal lives for the first and services of the ICHF has exceeded time, and it relieves the stress load on their our capacity to provide care. We can only Business Development Manager families.” provide services when there is adequate Patricia McKinney This year, the foundation will make 30 funding,” said Gilbert, who stressed the trips to countries on five continents, in- importance of philanthropic donations to Director of Marketing & Circulation cluding in the Ukraine, Belarus, Iraq, Lib- the ICHF cause. “With a sizable grant we Donna Waggener ya, Honduras, Ecuador and the Dominican could expand our coverage, hire more staff LANCE MURPHEY Republic. Each trip costs between $35,000 and meet the needs that are going unmet Production/Distribution Manager PHOTOGRAPHER John Buescher and $60,000. About one in every 100 chil- right now because of funding conditions.” Weekly features, spot news dren born in the world will have a heart The foundation’s annual operat- [email protected] Controller defect, and right now there are 6 million to ing budget is $6.3 million, the majority Pam Mallett 7 million children worldwide waiting for of which comes from donations. More To reach our editorial department, e-mail: surgery. The goal of the foundation is to donations mean more children will get the [email protected] or call: 901-523-1561 save the lives of children, while also assist- surgeries they need. Published by: ing medical professionals in impoverished “We’re getting to the point now where THE DAILY NEWS PUBLISHING CO. areas to become more knowledgeable and there is so much demand that we are in 193 Jefferson Avenue Memphis, TN 38103 self-sufficient in order to provide excellent three different places in three parts of the P.O. Box 3663 care for other children in the future. world simultaneously,” Carter said. Memphis, TN 38173-0663 Tel: 901.523.1561 Dr. William Novick, a pediatric heart Next year, the foundation anticipates Fax: 901.526.5813 surgeon from Memphis, participated in his breaking its record for most Babyheart www.memphisdailynews.com The Daily News is supportive, including in some case being on the boards of, the following first mission to Croatia in April 1993 and trips in a year with 40 planned missions, The Daily News is a general interest organizations: Literacy Mid-South, Grace St. newspaper covering business, law, Luke's Episcopal School, Wolf River Conservancy, decided he wanted to create an organi- and Carter says that number could rise, government, and real estate and Ronald McDonald House, Great Outdoors zation that would be an official charity depending on requests from particular development throughout the Memphis University, Tennessee Wildlife Federation, metropolitan area. Temple Israel, St. Jude's, St George's devoted to sending volunteer medical countries. The Daily News, the successor of the Daily Independent Schools, Shelby Residential & teams around the world to provide surgical “We hope to return to Egypt in 2013, Record, The Daily Court Reporter, and The Vocational Svcs, Shelby Farms Park, Calvary correction of congenital heart defects in and we are evaluating Macedonia as a pos- Daily Court News, was founded in 1886. & The Arts, Bridges, Boys & Girls Club of Greater Memphis, Binghampton Development as many countries to as many kids as pos- sibility for next year, as well as a couple of Corporation, U of M Journalism Dept., Chickasaw AUDIT PENDING Council Boy Scouts, Memphis Leadership sible without any cost to the families. new sites in Russia,” Carter said. Foundation, Junior Achievement, Overton Park In July 1994 the International Chil- The foundation provides all of the Conservancy, The Cotton Museum and WKNO. dren’s Heart Foundation was officially medical supplies and medical equipment established and incorporated, and the first needed for each visit. www.thememphisnews.com December 28, 2012-January 3, 2013 7

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advertising & pr REAL ESTATE & DEVELOPMENT Milwaukee Electric Agency Absorption Tool Building Advertising firms expand employee rosters, Downtown footprints Bought by Monmouth For $28 Million

SARAH BAKER | The Memphis News

reehold, N.J.-based Monmouth Real Estate Investment Corp. has acquired the Milwau- Fkee Electric Tool Corp. building at 12385 Crossroads Drive in Olive Branch for $28 million. The Class A, 615,305-square-foot industrial property is located on 39 acres in Atlanta-based Industrial Developments International Inc.’s Crossroads Distribution Center Building E. IDI built the facility for Brookfield, Wis.-based Mil- waukee Electric Tool this year. Building E is net-leased for 10 years to the heavy-duty electric power tool and accessory manufacturer and is guaranteed by its parent company, Techtronic Industries Co. Ltd. Founded in 1924, Milwaukee Tool has been in Olive Branch for more than 20 years. “Olive Branch is situated near Memphis, which represents one of the most strategic logistics hubs in the country containing FedEx’s World Hub, five Class I railroads, seven interstate and U.S. highways, and the nation’s fourth-largest inland port,” Monmouth chief operating officer Photo: Lance Murphey Michael P. Landy said in a statement. “This new Eric Melkent, left, speaks with Ross McDaniel and Rachel Adams at Sullivan Branding. The firm has about 50 employees acquisition further enhances Monmouth’s al- in its Memphis office, including a flurry of new hires that have mostly come from out of town. ready strong presence in this important market.” Monmouth acquired Anda Pharmaceuticals sarah baker | The Memphis News “The growth in the ad industry, and said, citing EmergeMemphis as a Inc.’s 234,660-square-foot industrial warehouse really what’s become as much the Web prime example. “We’re just seeing a in March for $16.2 million. That facility was also a design industry, shows that companies lot of things being kind of gravitated build-to-suit by IDI and is net-leased for 10 years are starting to spend money again on towards this corner and I’m pretty ex- in Crossroads Distribution Center Building C. he Downtown Memphis office advertising and marketing,” Brown cited about it. Hopefully this is sort of The activity underscores a theme touted by market has long been one of the said. “Their marketing budgets are a Renaissance, if you will, of Memphis area brokers at several recent commercial real Tmore cost-effective of the city’s growing.” becoming this tech center.” estate-related gatherings: capital is finally being submarkets when it comes to rental RocketFuel started 2012 with six Farther south on Main, doug car- set free in the Memphis industrial market, as rates, especially when amenities and employees and 1,800 square feet at penter & associates is taking up the re- public and private institutional buyers alike make ambiance are factored into leasing Brinkley Plaza. The website design maining part of the third floor at 431 S. large plays. decisions. and Internet marketing firm has since Main St., expanding from 2,000 square “The institutional capital in this market really Compared to Memphis’ top doubled that headcount and signed a feet to 5,300 square feet. The less-than- likes our industrial – the 32-foot clears, they like performing office corridor, the East lease for 4,600 square feet across the 3-year-old advertising, public relations the SFR sprinkler systems, they like our ten- submarket, Downtown’s vacancy is still entire seventh floor at 88 Union Ave. and consulting firm has also added six ant basis,” Johnny Lamberson, executive vice relatively high at 15.9 percent, accord- Reuben Brunson, CEO of Rock- new employees this year, bringing its president of CB Richard Ellis Memphis recently ing to CB Richard Ellis Memphis’ third etFuel, said companies are allocat- total staff count to nine. told The Daily News. “We’ve got good developers, quarter MarketView report. And East’s ing more of their budgets on digital Brian Sullivan, CEO of Sullivan we’ve got good market fundamentals with the rail average asking rental rate as of Sept. advertising. Branding and ad industry veteran of service, the water, the air and FedEx obviously 30 was $20.06, while Downtown’s was “It’s critical and essential to most more than 20 years, said the landscape being here.” $16.37. businesses now because it can be very has changed because consumers are Monmouth financed its Building E purchase Chris Brown, senior vice president cost-effective and you’re missing out much more accessible now. with $17.5 million in mortgage debt with an inter- with Grubb & Ellis Memphis, said on a serious opportunity if you’re not “It’s a requirement that you know est rate of 3.76 percent. The building is designed marketing firms have always com- there,” Brunson said. “Taking advan- more about them and their behaviors,” for Leadership in Energy and Environmental De- prised one of the four main Downtown tage of it requires a skill set and a lot of Sullivan said. “There are so many dif- sign (LEED) certification and is expandable by an groups. Others are the architecture and expertise to do it right or just be able to ferent ways for them to tune in, but additional 215,000 square feet. Building features engineering industry, the government keep up with the technology. You just also so many different ways to tune include 32-foot and 36-foot clear height ceil- sector and law offices. But the fourth can’t bring all of that talent in house.” you off too.” ings, Early Suppression Fast Response sprinkler quarter’s absorption numbers could be Brunson calls the area where Rock- Sullivan Branding recently com- systems and land for trailer storage. telling for the Central Business District etFuel will soon relocate the “Silicon pleted its expansion into the entire Monmouth was organized in 1968 and is a considering a slew of advertising and Delta,” comparing it to San Francisco’s sixth floor of Toyota Plaza, following its publicly owned Real Estate Investment Trust creative industry expansions. Silicon Valley. Although the cultures 2011 acquisition of Thompson & Co. (REIT) specializing in net-leased industrial prop- RocketFuel LLC, Red Deluxe Brand are completely different, Memphis’ The firm has about 50 employees in its erties subject to long-term leases primarily to Development, archer-malmo, doug technology scene is “starting to really Memphis office, including a flurry of investment grade tenants. carpenter & associates LLC and Sul- pick up,” he said. new hires mostly from out of town. The company’s property portfolio consists of livan Branding have all extended their “There’s good things going on, and “We’re adding lots of specialties 73 industrial properties and one shopping center employee rosters and footprints in I think Downtown is really where the that we didn’t have previously,” Sul- across 26 states. Monmouth also owns a portfolio recent months. action is starting to happen,” Brunson livan said. of REIT securities. 8 December 28, 2012-January 3, 2013 www.thememphisnews.com

FINANCIAL SERVICES County’s Mortgage Market Up 7 Percent in November

ANDY MEEK | The Memphis News

Local banks, financial institutions continue making home mortgage loans at steady clip

f they had any worries about next And year-to-date home sions now, since next year everything year’s taxes, the fiscal cliff and eco- sales activity is up 17.5 from tax rates to the popular mortgage I nomic uncertainty, the local mort- percent, with 13,771 sales interest deduction could change. gage market saw borrowers brush them recorded through Novem- Meanwhile, some of the largest aside during November. ber, according to Chandler Memphis-based banks saw a mixed per- Continuing a pattern that’s been Reports. formance in November. more the rule than the exception this “On the whole, our local First Tennessee Bank’s November year, Shelby County’s mortgage mar- mortgage market continues mortgage volume was $370,500, down ket keeps growing at a steady clip, and to grow stronger,” said Evolve from $1.3 million in November 2011. continued doing so through last month. Bank & Trust president and Independent Bank’s mortgage volume Total mortgage volume countywide CEO Scott Stafford. “We have rose during that period (from $27,930 to in November was up 7 percent over seen some leveling off in $449,410). Magna Bank’s volume dur- November 2011, climbing to almost $93 home refinancing recently. ing that same period dropped from $8.5 million in November 2012 from about However, home purchases million to $8.1 million. However, Magna $87 million during the same period last continue to gain traction, made more mortgages during that same year, according to real estate informa- Illustration: Shutterstock particularly homes that are in period – increasing its amount from 43 tion company Chandler Reports, www. the $250,000 range. mortgages in November 2011 to 50 mort- chandlerreports.com. and November, total mortgage volume “In the near future, I believe we will gages last month. In addition to the uptick in volume, fell from $111.2 million to November’s continue to see growth in this market, Community Mortgage Corp. led there were more mortgages made last total of almost $93 million. The num- and we’re looking forward to offering our the way during November in terms of month – 596, up from 568 in November ber of mortgages between October and services throughout the community.” mortgage volume. But its volume shrank 2011. And the average mortgage amount November also fell (from 732 to 596), but Political and macroeconomic con- 25 percent from November 2011 to rose to $155,579 last month from $152,742 the average mortgage amount ticked up cerns may be playing at least a small part last month (from $13.3 million to $9.9 during that same period last year. (from $151,861 to $155,579). in the decisions. Though interest rates million). Community Mortgage Corp.’s “Business continues strong in this That growth in local mortgage activity are widely expected to remain low for a November 2012 total also was down from area, particularly with (refinances),” said also coincides with general improvement few more years, Congress and the White its volume during the previous month of Jim Rout, president and CEO of BankTen- in the county’s housing market, which House at press time had not yet figured October ($14 million). nessee. saw 1,185 home sales recorded in Novem- out how to avert the so-called fiscal cliff. There was a bit of a drop-off from the ber, up 15.8 percent from the 1,023 sales So borrowers who are in a position to Chandler Reports is a division of The prior month, however. Between October in November 2011. do so may be eager to lock in any deci- Daily News Publishing Co. Inc.

LAW & THE COURTS Bass Berry Law Firm Honored for Recent Deals

ANDY MEEK | The Memphis News earlier this year by Fidelity National Financial Inc. to buy They include Bass Berry being named “Tennessee firm the Nashville-based restaurant chain. of the year” for litigation by “Benchmark Litigation”; being That deal was named a finalist for “Corporate/Strate- named the best corporate law firm in Nashville by “Corpo- gic Acquisition of the Year (between $200 million and $500 rate Board Member” magazine and FTI Consulting Inc.; 86 ass, Berry & Sims PLC has won the mergers and million)” and “Sector Deal of the Year” in the consumer Bass Berry attorneys being recognized in “Best Lawyers in acquisitions “deal of the year” award in the $50 mil- and retail products category between $100 million and America 2013” and Bass Berry being included in the 2013 Blion to $100 million category from M&A Advisors. $500 million. Bass Berry’s team for that deal was led by U.S. News – Best Lawyers “Best Law Firms” list. The deal for which Bass Berry won the award involved Page Davidson and Scott Bell. Also, 45 of the firm’s attorneys were named to Mid- Luminex Corp. – a health care and life sciences research According to M&A Advisor, a record of 423 nominees, South Super Lawyers 2012. They include: company – acquiring privately held GenturaDx, a molecu- representing more than 600 companies, were award l John Good, whose practice includes a focus on lar diagnostics company focused on making nucleic acid finalists this year. The awards were announced at the 11th securities and corporate finance. testing affordable and practical for any lab. annual M&A Advisor Awards Gala Dec. 11 in New York. l J. Brook Lathram, whose practice includes a focus Bass Berry served as outside counsel to Luminex. The Bass Berry’s corporate and securities practice repre- on business litigation. law firm’s team was led by partners Howard Lamar and sents buyers and sellers in public and private company l Stephen Ragland, whose practice includes a focus Ryan Thomas and included lawyers from the firm’s cor- strategic transactions as well as financial sponsor transac- on business litigation. porate, intellectual property, labor and employment and tions. The corporate and securities team includes more l John Speer, whose practice includes a focus on employee benefits groups. M&A Advisors, which recogniz- than 50 attorneys, including two partners who have business litigation. es achievement in the top performers of the mergers and chaired the Business Law Section of the American Bar As- l Richard Spore, whose practice includes a focus on acquisitions, turnaround and financing industries, also sociation and one who is the immediate past chair of the real estate. recognized the Luminex deal as a finalist for the distinc- mergers and acquisitions committee of the American Bar l John Stemmler, whose practice includes a focus on tion of “sector deal of the year” in the “Heath care/Life sci- Association. real estate. ences (between $10 million and $100 million)” category. Bass Berry has more than 220 attorneys and offices in l David Thornton, whose practice includes a focus on Meanwhile, that wasn’t the only Bass Berry transac- Nashville, Memphis, Knoxville and Washington. employee benefits/ERISA. tion noted recently by M&A Advisors. The firm also was The M&A Advisor honors also cap a string of recogni- l Shepherd Tate, whose practice includes a focus on the legal adviser to O’Charley’s Inc. in a deal announced tions and other awards the firm has picked up this year. alternative dispute resolution. www.thememphisnews.com December 28, 2012-January 3, 2013 9 Money&Markets Extra Hewlett-Packard and Best Buy were take short positions? main businesses. That debt doesn’t give price-competitive. They have lost all once big names in the stock market, but They’re both poster children for compa- HP the flexibility to change direction as competitive advantages, and the products HP and Best Buy: both are in serious trouble now. The tech nies that are adapting poorly to change, nimbly as it could. It’s in an incredibly they’re selling are slowly going away as company and the electronics retailer and whose management teams have difficult strategic position, and they’ve consumers use mobile devices to listen to are both down more than 40 percent been inconsistent. They face enormous had an ever- revolving door of CEOs and music, record video and take photos. still no bargain Insider this year as investors continue to worry risks and are poorly positioned to deal board members in recent years. It’s hard They’re selling other companies’ Q&A about their prospects. Although both with them. to see how they can grow earnings and products that have very short shelf-lives. trade at low prices, Mitch Rubin of the pay off debt. They have a new CEO, Meg These are products that are being sold Title: Portfolio manager, RiverPark Long/Short RiverPark Long/Short Opportunity fund HP has been trading at around $14 Whitman, and I’m sure she is very compe- online by Amazon and others that can Opportunity Fund doesn’t see a bargain in either stock. In recently, the stock’s lowest level since tent. But it’s an incredibly large battleship inventory to exactly the amount that is sold (RLSFX) fact, Rubin sees the opposite. The fund 2002. Is there potential for investors at to turn around. We still think the risk with every day. Those online sellers don’t need What he suggests: manager maintains “short” positions in that price? this stock is to the downside. to push product out to thousands of stores Shares of Hewlett-Packard both Hewlett-Packard and Best Buy, and No. HP is a business that is effectively like Best Buy does. There have also been and Best Buy continue to has taken advantage of the declines in focused around PCs, servers and printers. What about Best Buy? At about $12 dramatic changes in Best Buy’s executive offer little value for both stocks. The short positions have All of those areas are under attack. recently, the stock is at its lowest in 10 suite. Morale and management are in flux investors because both companies face potentially benefited his fund’s performance this HP’s attempts to adapt have resulted in years. at the wrong time, at holiday shopping insurmountable challenges year. inopportune stock buybacks and poorly It has missed the transition from big-box season. It’s hard to see how this business to their business models. timed and executed acquisitions. Now, retail to e-commerce. Best Buy has way gets better. Mitch Rubin What common challenges do these HP has debt on its balance sheet, in too many brick-and-mortar stores. They’ve stocks face that have caused you to addition to being in poor position in its got too much inventory, and they’re not Answers edited for content and clarity. AP Dividend Hunter Year in review BEHIND THE BRAND ARCTIC CAT (ACAT) Everything came together to make 2012 a record were hungry for income. Corporate America year for dividends. Companies had abundant cash responded by turning on the dividend spigots. reserves. Yet in a slow economic recovery, many Here’s a look at the year in dividends paid by were reluctant to reinvest in an effort to grow their companies in the Standard & Poor’s 500 index, by businesses. Plus, with bond yields low, investors the numbers: Off-road driver

Arctic Cat caters to off-road to profitability this year. $281 billion 404 enthusiasts looking to traverse For the fiscal year 2012, which Regular cash dividends paid, a 17 Number of 35.6% everything from sand dunes to ended in March, Arctic Cat’s percent increase over 2011. dividend-paying The percentage of profits snow-covered plains. earnings more than doubled to companies, up paid out as dividends in Growing demand for the $29.9 million, while revenue company’s all-terrain and jumped 26 percent to $585.4 from 394 at the 2012. That’s low versus a recreational vehicles, as well as million. Shares are up 49 percent end of 2011. historical average of 52 $79.6 parts, clothing and other accesso- this year. percent since 1936. ries, has helped return Arctic Cat Arctic Cat, which was founded in 1982, sells its products billion worldwide through independent Amount paid in the 331 Thursday’s close: $32.76 dealers and distributors. Number of companies that fourth quarter, Price-earnings ratio: 13 While demand has been strong, breaking the record increased dividends, up from 320 in (based on last 12 mos.) the company’s fortunes are heavily 2011. Another 15 initiated dividends tied to consumer confidence and $67.1 billion in the 52-week price range fourth quarter of 2007. last year, with just 11 decreasing spending. That means if the their regular payments. $1.03 $19 $47 economic outlook deteriorates, Arctic Cat’s sales may decline. YTD stock change: 45% That’s a scenario at least one $10 trillion YTD S&P 500 change: 13% Wall Street analyst recently raised Market value: $446 million as a possibility, citing disappointing Total cash reserves at the end 2011 revenue: $585 million feedback from dealers regarding billion of the third quarter, excluding sales of Arctic Cat’s off-road banks. That beats the old Total amount of Apple’s Avg. broker rating: vehicles and snowmobiles. record of $1.028 trillion at the annual dividend payments. Even so, the company has end of 2011. SELL HOLD BUY Apple’s quarterly dividend is raised its earnings forecast for $2.65 per share. fiscal 2013.

Source: S&P Dow Jones Indices Mark Jewell, Jenni Sohn • AP Source: FactSet Data through Dec. 27 Alex Veiga, Jenni Sohn • AP

LocalStocks 52-WK RANGE CLOSE YTD% 1YR% 52-WK RANGE CLOSE YTD% 1YR% COMPANY TICKER LO HI CLOSE THUR. %CHG WK MO QTR CHG RTN P/E DIV COMPANY TICKER LO HI THUR. CHG %CHG WK MO QTR CHG RTN P/E DIV AT&T Inc T 29.02 5 38.58 33.66 -.12 -0.4 r t t +11.3 +19.0 44 1.80f Medtronic Inc MDT 35.67 7 44.79 41.34 +.21 +0.5 t t t +8.1 +12.0 12 1.04 t t t AutoZone Inc AZO 313.11 5 399.10 353.10 +2.01 +0.6 +8.7 +6.3 15 ... Merck & Co MRK 36.91 4 48.00 41.20 -.14 -0.3 t t t +9.3 +13.5 19 1.72f 8 t s t BancorpSouth BXS 10.85 15.69 14.39 -.05 -0.3 +30.6 +30.5 16 0.04 Mid Amer Apartments MAA 57.96 6 70.22 64.64 +.14 +0.2 s s t +3.3 +6.7 28 2.78f Boyd Gaming BYD 4.75 4 9.75 6.66 -.11 -1.6 t s t -10.7 -2.6 dd ... Monsanto Co MON 69.24 0 94.43 93.99 -.11 -0.1 s s s +34.1 +34.4 25 1.50 Buckeye Technology BKI 23.52 4 38.50 28.49 -.09 -0.3 t s t -14.8 -14.9 16 0.36f Mueller Inds MLI 37.96 9 51.41 49.51 +.10 +0.2 t s s +28.9 +28.0 24 0.50f Community Hlth Sys CYH 16.37 9 32.70 30.14 +.01 ... t s s +72.7 +76.4 12 0.25e 1 s s t Corrections Corp CXW 20.16 9 36.54 34.74 +.06 +0.2 t s s +70.5 +69.1 23 0.80 Navistar Intl NAV 18.17 48.18 21.05 +.81 +4.0 -44.4 -46.9 dd ... t s s Cummins Inc CMI 82.20 6 129.51 106.80 -.36 -0.3 t s s +21.3 +22.3 11 2.00 Nike Inc B NKE 42.55 7 57.41 51.76 +.43 +0.8 +7.4 +7.3 22 0.84f Delta Air Lines DAL 7.83 9 12.25 11.57 -.08 -0.7 t s s +43.0 +39.9 5 ... Pinnacle Entert PNK 8.89 0 16.31 15.86 +.08 +0.5 t s s +56.1 +56.5 28 ... t t s Dillards Inc DDS 42.54 9 89.98 81.13 -.77 -0.9 +80.8 +93.9 13 0.20a Regions Fncl RF 4.17 8 7.73 6.99 -.03 -0.4 t s t +62.6 +60.6 12 0.04 9 s s s Dover Corp DOV 50.27 67.20 65.14 +.15 +0.2 +12.2 +12.9 13 1.40 Renasant Corp RNST 14.42 8 20.45 18.69 -.17 -0.9 t s t +24.6 +29.6 19 0.68 DuPont DD 41.67 3 57.50 45.07 -.02 ... s s t -1.6 +1.3 14 1.72 Smith & Nephew PLC SNN 44.84 0 56.32 55.47 +.44 +0.8 s s s +15.2 +19.2 82 1.04e Education Realty Tr EDR 9.72 4 11.81 10.51 -.02 -0.2 s s t +2.7 +8.7 0.40 Smucker, JM SJM 70.50 8 89.39 85.53 +.24 +0.3 t t t +9.4 +10.8 20 2.08 FedEx Corp FDX 82.78 7 97.19 91.50 -.57 -0.6 t s s +9.6 +9.1 15 0.56 8 t s t Fst Horizon Natl FHN 7.44 7 10.99 9.82 -.10 -1.0 t s s +22.8 +22.1 dd 0.04 Suntrust Bks STI 17.01 30.79 27.99 -.01 ... +58.1 +58.9 9 0.20 r s s Freds Inc FRED 12.70 2 15.98 13.30 -.03 -0.2 t t t -8.8 -4.4 15 0.24a Synovus Fincl SNV 1.36 9 2.60 2.44 -.06 -2.4 +73.0 +74.0 dd 0.04 GTx Inc GTXI 2.62 5 6.55 4.22 +.02 +0.5 t s t +25.6 +41.9 dd ... Sysco Corp SYY 27.05 9 32.40 31.71 +.03 +0.1 t s s +8.1 +11.3 17 1.12f t s s Ingram Micro IM 14.42 5 19.80 16.81 +.07 +0.4 -7.6 -9.0 8 ... Trustmark TRMK 20.76 3 26.35 22.25 -.22 -1.0 t s t -8.4 -3.5 13 0.92 0 s s s Intl Paper IP 27.29 39.82 39.62 -.07 -0.2 +33.9 +39.5 20 1.20a Tyson Foods TSN 14.07 8 21.06 19.37 +.08 +0.4 t s s -6.2 -6.5 12 0.20f Isle Capri Casino ISLE 4.38 4 7.92 5.73 -.17 -2.9 t s t +22.7 +26.6 dd ... UPS class B UPS 69.56 4 81.79 73.91 -.35 -0.5 t s s +1.0 +4.2 19 2.28 Kellogg Co K 46.33 9 57.21 55.74 -.03 -0.1 t s s +10.2 +14.2 17 1.76 Utd Technologies UTX 70.71 7 87.50 82.07 -.04 ... t s s +12.3 +13.4 14 2.14 Kirklands Inc KIRK 8.26 3 17.42 10.51 +.08 +0.8 t s s -21.0 -20.2 14 ... 0 t s s Kroger Co KR 20.98 9 27.11 25.96 -.14 -0.5 t t s +7.2 +8.6 21 0.60f Valero Energy VLO 19.12 34.49 33.83 +.15 +0.4 +60.7 +63.2 9 0.70 t t t LifePoint Hosp LPNT 34.32 4 43.87 37.35 -.29 -0.8 t s t +0.5 +1.7 13 ... Verso Paper Corp VRS 0.85 1 3.36 1.04 +.01 +1.0 +8.3 +7.3 dd ... Macy’s Inc M 31.89 6 42.17 37.08 -.05 -0.1 t t t +15.2 +17.8 12 0.80 Wright Medical Grp WMGI 15.70 7 22.59 20.47 -.02 -0.1 t t t +24.1 +25.6 cc ...

Dividend Footnotes: a - Extra dividends were paid, but are not included. b - Annual rate plus stock. c - Liquidating dividend. e - Amount declared or paid in last 12 months. f - Current annual rate, which was increased by most recent dividend announcement. i - Sum of dividends paid after stock split, no regular rate. j - Sum of dividends paid this year. Most recent dividend was omitted or deferred. k - Declared or paid this year, a cumulative issue with dividends in arrears. m - Current annual rate, which was decreased by most recent dividend announcement. p - Initial dividend, annual rate not known, yield not shown. r - Declared or paid in preceding 12 months plus stock dividend. t - Paid in stock, approximate cash value on ex-distribution date. PE Footnotes: q - Stock is a closed-end fund - no P/E ratio shown. cc - P/E exceeds 99. dd - Loss in last 12 months. 10 December 28, 2012-January 3, 2013 www.thememphisnews.com

Tight Credit Is small business Friend for Your Household Budget

Ray’s Take Credit is tighter than it used to be. Loans are harder to come by. That’s good news as far as I’m concerned. Many people are still longing for those “glory days” when credit was easy for anything we wanted. Well, they didn’t end well for most people. Americans already carry vast amounts of debt: $13.5 trillion in mortgage debt, $1 trillion in student loan debt, and over $850 billion in credit card debt. That last figure represents an average of $15,587 per indebted household, and over 46 percent of U.S. house- holds are carrying a credit card ray & dana Brandon balance. The rays of wisdom scariest thing of all – these numbers are significantly down from the previous year, yet 43 percent of American households still Photo: Shannon Dixon spend more money than they earn. Shoppers peruse booths at a recent Memphis Cash Mob event, held earlier this month at Literacy Mid-South. The group organizes a large crowd of people to shop at local businesses. Anytime you borrow money you’re automati- cally paying more for whatever you purchase. Get a moderately priced car on a five-year loan and you’ve just added thousands to the purchase price. Buy a pair of shoes on sale with your credit card and, if you carry a balance, before you’re through paying for them those shoes will cost you much more than full price. Mobs of Cash It’s probably not your plan, but every time you use credit to purchase anything, you’re basically saying, “I’ll pay you even more money later if you’ll Grassroots effort puts spending power behind local businesses give me what I want right now.” That’s obviously not a good idea. ANDY MEEK | The Memphis News That’s why tight credit is your friend. It pushes you to skip impulse purchases and save for what you want. It drives you to build a rainy day fund. Best of all, it can lead to the exceptional satisfac- ext month, an organized supported local entities like Literacy book friends. “Does anyone want to tion that comes when you make that big purchase mob is planning to descend Mid-South and Goner Records. help start a cash mob in Memphis?” and you know you don’t owe a dime on it. Nupon The Booksellers at The local initiative was born But the response was tepid. Laurelwood. out of something that organizer “I thought, ‘Well, that’s OK, I Dana’s Take With cash. Shannon Dixon – an independent think I’ll try this anyway,’” she said. No one ever woke up in the morning with a big Spurred by an affection for lo- consultant taking this on as a vol- “We started with the Goner Records grin and said, “Oh, boy, I’m so glad I’m in debt!” cally owned small businesses and unteer – saw by happenstance while cash mob, which was in October. Borrowed money is always a burden – financially carrying out the idea born from a traveling. We’ve had one since then, and we and emotionally. Every time a bill arrives in the consultant who saw this done in “How I got started doing this have the new one scheduled for next mail or through the Internet it creates stress in other cities, the burgeoning “Mem- is I’m a consultant, and I do some month.” your life. phis Cash Mob” movement will work around the country around She said “hundreds” of people Debt is a choice and just like with drugs, “just show up to the East Memphis book- community engagement,” Dixon turned up for the last one. She’s still say no” to debt. If you can’t do it for yourself, then store Jan. 12 from 3 p.m. to 5 p.m. for said. “I had seen this model in other trying to feel out what people’s ap- do it for your children. Show them that if you don’t its latest show of economic force. cities, specifically in Cleveland. And petite might be for having the events have the cash, you wait to make a purchase. Share Participants will be asked to I was on a consulting trip to Syra- every month or two. with them the gratification of saving. spend around $20, to try and meet cuse, New York, poking around in The initiative also is about more There are valid reasons for incurring some three new people – and have fun. On the neighborhood with some com- beyond the events themselves. For debts. A home mortgage can defend against future the other side of the effort, the book- munity activist-type folks, and we example, this thought was recently increases in housing costs. A student loan could store has agreed to donate 10 per- sort of accidentally cash-mobbed put to supporters on the Memphis lead to a lifetime of higher earnings. However, most cent of the profits of the two-hour this Caribbean grocery store. Cash Mob’s Facebook page: “We of the time when we go into debt it’s simply a mat- buying spree to Project Green Fork, “We were all taking a tour of hear many people say that it is ter of seeking instant gratification. the grassroots group working toward the neighborhood on a bus. We got less convenient to shop local and If we want our kids to control their impulses, a sustainable Mid-South by helping off the bus, went into this grocery instead they shop on Internet sites then we have to control ours. Our grandparents reduce environmental impacts and store, saw this beautiful fabric from like Amazon. Let us challenge your used to save for the things they wanted and we supporting local restaurants. Ghana, and we all just started buy- thinking by posting sites where you can, too. It’s an old-fashioned family value that The local cash mob effort has ing it.” can buy local online.” feels just as good today as it did back then. been picking up steam over the last When they all walked out, Dixon “I think it’s really important to few months and is part of what is thought to herself – “I’ll bet we made support our locally grown busi- Ray Brandon is a certified financial planner and an increasingly popular cause. Be that shopkeeper’s week.” nesses,” Dixon said. “They are what CEO of Brandon Financial Planning (www.bran- it through Small Business Saturday She then was reminded about make our community unique. They donplanning.com). His wife, Dana, has a bachelor’s or local nonprofits pushing their the similar Cleveland model, and are what up-and-coming districts in degree in finance and is a licensed clinical social own “Buy Local” goals, the idea that led to the obvious follow-up Memphis are built on. South Main worker. Contact Ray Brandon at raybrandon@bran- of supporting homegrown small thought: may have American Apparel now, donplanning.com. businesses has a lot on its side at “I might like to do that in Mem- but it certainly didn’t start out with the moment. And already, previous phis,” she told herself. that. It was built on small busi- Memphis Cash Mob events have She put out a call to her Face- nesses.” www.thememphisnews.com December 28, 2012-January 3, 2013 11

COMMUNITY Greenline to Keep Growing in 2013

bill dries | The Memphis News

Trail should see western extension to Poplar Avenue viaduct and then eastern extension to Cordova

n the coming year, the Shelby Farms as they are linked by different Greenline to come that will “improve those access Greenline could move a bit farther routes. points for pedestrians and cyclists so that Iwest from Tillman Street, where it now “It’s really an abandoned farm,” Adams Overton Park becomes not only a destina- ends, to the Poplar Avenue viaduct with a said. “There are lots of improvements. tion but a stopover as you go to other parts goal of linking up with the Broad Avenue There’s not a single natural lake on the old of the city on your bike.” Arts District. property. People like to think that Shelby The Greenline and its connections, The two-way bike lanes to come on Farms is natural but it’s not. It was a forest grouped as the Greater Memphis Green- Broad separated from auto traffic by a bar- that was chopped down for farm land that line, have had their own economic impact. rier is the final link in connecting Overton became the penal farm that was aban- Nancy Ream, president of the Greater Park and Shelby Farms Park for pedestri- doned. And now it’s a park.” Memphis Greenline, said her organization ans and bicyclists. Overton Park includes the Memphis has counted as many as 400 people an Shelby Farms Park Conservancy Execu- Brooks Museum of Art, Levitt Shell and the hour using some parts of the Greenline. tive Director Laura Adams said design Memphis Zoo, all of which are run sepa- “All along the way, people are say- work is under way on getting the Greenline rately from the conservancy. ing, ‘Where can we go for this?’” she said. at least to the viaduct, although bicyclists “When you come to Overton Park, you “There is definitely more room for all of are already able to go from Tillman to can choose to walk in the deep woods – an that to happen. … I think it’s a fabulous Broad. Meanwhile, the conservancy, which ancient forest – in the middle of the city or thing for economic development. Once we manages and maintains the Greenline you can choose to go to a museum or you get 50 miles of all these connections, that’s into Shelby Farms Park is also working on can choose to go to a free concert at the a good economic development thing. If pushing the Greenline farther east across Levitt Shell,” Sullivan said. you get 50 miles, people come from far Germantown Parkway in the coming year. “Our long-term vision is that we’re a away … to stay here for a couple of nights “It’s entirely realistic that the Greenline park not only for Midtown Memphis and and use all of these Greenlines.” will go all the way to the old Cordova train the greater Memphis region, but eventu- The Shelby Farms Park Conservancy depot within the next 18 months,” Adams ally we become our own destination park set some baselines for economic develop- said on the WKNO-TV program “Behind where we market ourselves to people far ment as well as measuring crime within The Headlines.” outside of Memphis as a place to come to a certain radius of the Greenline before it The program, hosted by Eric Barnes, Memphis News File Photo: Lance Murphey visit.” was opened. The conservancy is about to publisher of The Daily News, can be seen A bicyclist rides the Shelby Farms In the year ahead, Sullivan and the update that study to gauge the impact in Greenline between White Station and at The Daily News Online, www.memphis- Mendenhall roads. The 7-mile trail will be conservancy are working on an eastern the first year and a half dailynews.com. extended in 2013. entrance to the park and park trails where “The private market reaction to the Like Shelby Farms, Overton Park has a Sam Cooper Parkway meets East Parkway. Greenline has already been strong with conservancy that manages and maintains of visitors, the pent-up demand that It’s an area already sought out on week- restaurants and bike shops and bike rent- the park. And Overton Park Conservancy seemed to be expressed with the opening ends for its historic picnic pavilion by als and things like that,” Adams said. “All executive director Tina Sullivan said it is of the Greenline – the timing seemed right those who come specifically to the park for the research we had done and the Greater modeled on what the conservancy has for the Overton Park Conservancy to be events at the pavilion. Memphis Greenline had done showed that done for Shelby Farms Park. formed and to have its own entity.” “It opens up that part of the park to with these kinds of amenities that crime “When you saw the success of Shelby The two parks have different histories that neighborhood just east of Overton goes down and economic activity and Farms Park, the increase in the number and different uses that will likely change Park,” Sullivan said of the improvements property values go up.”

Time for Some Year-End Fundraising Reflections

As you reflect on 2012 here are Pull that gift out from the the board and execu- take care of that?” some things to consider in the area of fundraising results and tives who endorse and Finally, have new fundraising strate- fundraising. Take a quiet moment to con- look at the story the num- promote the nonprofit gies been introduced that would excite template the following as you prepare for bers tell. Are there areas throughout the com- the constituency and leadership? the coming year. that need more focus in munity? Now is the time to reflect on the suc- Let’s start with the big question: did 2013? How did last year’s cesses and challenges of 2012 and to your organization meet its fundraising If your organization activities lay a stronger plant seeds for a prosperous 2013. As you goal? If yes, what contributed to suc- produces a special event MEL & Pearl shaw foundation for 2013? reflect it is good to “think big.” It is also cess? If no, what happened? How many as part of its fundraising, FUNdraising Did the organization’s appropriate to think “right sized.” Write individuals made a gift? How many busi- how did that go? Was the leaders meet and down all your ideas for how things could nesses or corporations made a grant or revenue goal met or exceeded? Was gross engage with new potential donors and improve in 2013, and then select a few gave matching gifts? Did foundations or revenue up and expenses down? What funders? Did they engage with current strategic initiatives that your organization government agencies award funds? As percentage of event revenue came from and past donors? has the capacity to pursue. Start small you look at the numbers, consider wheth- ticket or table sales; how much came Is the organization proactively work- and follow through. You can do it. We er or not the organization is dependent from sponsors and/or underwriters? Did ing from a fundraising and marketing believe in you. on funds from one or two sources? If the the event attract new attendees, new plan or are things on “auto-pilot?” For Next week: Is your board bored? answer is yes, what would happen if those sponsors or underwriters? Was there a example, have solicitation materials Mel and Pearl Shaw are the owners of funds were reduced or eliminated? post-event analysis session with select been revamped? Is the case for support Saad & Shaw. They help nonprofit organi- If fundraising goals were met or guests and sponsors to gain insights on and call to action up-to-date and reflec- zations and institutions rethink revenue exceeded, was this due to a one-time gift how to improve the “experience” at next tive of the organization’s current work? sources. They are the authors of “How such as an unexpected bequest that put year’s event and increase revenue? Are board members engaged as donors to Solicit a Gift: Turning Prospects into the organization “over the top?” What What about endorsers? Are there and solicitors, or does the organizational Donors.” Visit them at www.saadandshaw. would have happened without that gift? well-known and respected people beyond culture support the notion that “staff will com or call 522-8727. 12 December 28, 2012-January 3, 2013 www.thememphisnews.com

GOVERNMENT Heritage Trail GoToMyPC: Complexity It’s this easy. Still a Concern

BILL DRIES | The Memphis News

s 2012 comes to an end, the most Aside from the mechanics of where ambitious plan from City Hall for the money goes and how it impacts other A the revitalization of an inner-city revenue flows to other projects, there is area in 15 years of such projects has hit a the complexity of the deal that is causing critical stage. hesitation. Memphis City Council mem- The idea of a tax increment financing bers got into the broader topic just before zone for a large swath of the area south the Christmas holiday as they reviewed the of FedExForum as well as the Downtown $12 million administration plan to make area itself into South Memphis is being Liberty Bowl Memorial Stadium compliant examined closely by Shelby County Com- with the Americans with Disabilities Act in missioners before they commit county a year’s time. property tax revenues with the “Heritage The Wharton administration would Trail” zone. front the money to put the repairs on a fast The zone to recapture the city and track required in the agreement with the county property tax revenue is centered on the redevelopment of the Cleaborn Homes and Foote Homes public housing develop- Aside from the mechanics ments. Demolition is already well under of where the money goes way on Cleaborn Homes. The city has not and how it impacts other put forward a specific plan and applica- tion for federal funding for the demolition revenue flows to other of Foote Homes, which is the last remain- projects, there is the ing large public housing project in the city. complexity of the deal that But City Housing and Community is causing hesitation. Development Director Robert Lipscomb has said through the tenures of former Mayor Willie Herenton and now Mayor A C Wharton Jr. that his goal is to end public housing on that scale. U.S. Justice Department. County leaders aren’t nearly as con- The money would be paid back with cerned about the demolition of Foote sales tax revenues generated within a tour- Homes as they are about the much larger ism development zone still to be approved area away from both housing projects in by the state. The zone to be proposed the TIF zone that includes areas now cov- would include Overton Square as well ered by tax freezes administered in smaller as the Mid-South Fairgrounds where the zones as payments-in-lieu-of-taxes. Liberty Bowl is located. “Theoretically, the concept of a TIF has But the plan takes in more than just an GoToMyPC lets you instantly work on your some merit,” said Shelby County Finance upgrade to the Liberty Bowl. The sales tax office PC from any Internet connection, with Director Mike Swift. “But not like this.” revenue from the area would go toward Downtown Memphis Commission transforming all of the Fairgrounds acre- complete access to your email, programs and president Paul Morris has been talking age into a public recreational area. files. Setup takes just minutes, and there’s no with the Wharton administration about “We’re trying to solve multiple issues the impact of Heritage Trail on PILOTs with a project,” Lipscomb told the council. hardware needed. his agency and others have been using “Do we have a choice to do nothing?” to freeze taxes for development projects. asked council member Jim Strickland. His conversations are important because “What would be the worst-case scenario if City Hall has made few specific comments we did nothing?” FREE 30-Day Trial about the project since the criticism and Lipscomb said the Justice Department concerns have become more vocal. could shut down the stadium and require Morris said the original Heritage Trail that the whole Fairgrounds area become gotomypc.com | promo code: AB24 plan, when it was called Triangle Noir, was ADA compliant. to spend $25 million from the tax incre- “We could be sued and the whole proj- ment financing zone on Cleaborn’s revi- ect could be held hostage,” Lipscomb said. talization as a mixed-use, mixed-income When the council votes on the Liberty development and a bit more on Foote. Bowl upgrade in January, Strickland em- That has changed to $11 million for phasized that his vote for that is not a vote each of the two housing project sites, ac- for the larger Fairgrounds plan. cording to what Morris has heard. Council member Kemp Conrad also But the TIF zone would still generate expressed concerns. $100 million in property tax revenue – city “I kind of feel like you are coming to and county – in the 20-year span of the the bank for the loan without the busi- Heritage Trail project with all or most of it ness plan,” he told Lipscomb. “It’s a lot of spent in the first five years and even more money to be spent with big plans without of it spent away from the two housing a lot of time for us to be thoughtful about project sites than originally envisioned. it.” www.thememphisnews.com December 28, 2012-January 3, 2013 13

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sports

basketball Grizzlies Proving Life After

Mayo Just Fine DON WADE | Special to The Memphis News

Memphis shuts down Mayo in his first game at FedExForum after signing in the off-season with Dallas, where former Grizzly guard has found success as a starter and key scorer

t seemed only fitting that on the night track, the right track. Now, as has been “He’s getting a lot of defensive attention. O.J. Mayo returned to Memphis with well-chronicled following the Grizzlies’ He gets the best defender. He gets double- Ithe Dallas Mavericks – averaging 92-82 win over the Mavs at FedExForum teamed. He’s having to learn about pa- 20 points a game and leading the NBA on Dec. 21, Mayo had a tough night. He tience and discipline. He was the No. 3 or in 3-point shooting – that Mike Conley scored but 10 points and went 3-for-11 No. 4 option (in Memphis) and that was would break the Grizzlies’ franchise re- from the floor, 1-for-4 from behind the not the case.” cord for career assists. arc. Coach Lionel Hollins employed Allen He’s getting a lot of In Memphis, Mayo was a lot of things. “Kind of funny how things work out,” for 35 minutes – his heaviest workload defensive attention. He gets A mystery, for one, because the scoring Conley said after an 11-assist game and of the season – and Allen put Mayo on the best defender. He gets potential would rise up and show itself zooming past Jason Williams (2,069) to lock-down. double-teamed. He’s having from time to time. But he was also asked the top of the team’s all-time assists list. Allen’s playing time was anything but to learn about patience and to do two things that really didn’t suit Not so long ago an argument that was a coincidence. Mayo matched a career him: play some point guard and come off discipline.” a stretch then – and would be laughable high with 40 points in a Dec. 8 victory “ the bench for Hollins never knowing how now – continued to have its vocal backers: at Houston and outscored the Rockets’ – Rick Carlisle many minutes or shots he would get. Move Mayo to point guard, Conley’s crit- James Harden, 16-3, in the fourth quarter. Dallas coach His altercation with Tony Allen on a ics said, and sit No. 11 on the bench. So while it’s true Mayo is getting abun- flight over a card game wasn’t quite the Today, though Conley has much less dant scoring opportunities because Dirk big deal some made it out to be, but it was of a chance to become an All-Star than Nowitzki has been out with a knee injury, one of several episodes – including the teammates Zach Randolph, Marc Gasol it’s also true that “Juice” has been filling average; next was center Chris Kaman’s Grizzlies’ persistent efforts to trade Mayo and Rudy Gay – or Mayo, for that matter – up the stat sheet all over the league. 14-point average. As O.J. goes, so go the – that made life more challenging. By the it is generally accepted that Conley is the “It’s an opportunity to be aggressive,” Mavericks. At least for now. time Mayo walked out of the locker room Grizzlies’ most indispensable player. Mayo said. “It becomes more of a respon- “The timing was great for us,” Dal- for the last time he was no longer the “He is the engine that makes this team sibility, though. I like it.” las coach Rick Carlisle said of Mayo’s cocky kid who first arrived in Memphis. go,” Toronto coach Dwane Casey said. When the Mavs walked into FedEx- decision to sign as a free agent after four He was a pro. As for Mayo, he’s finally on a different Forum Mayo carried a 20.2 ppg scoring up-and-down years with the Grizzlies. His work ethic and toughness are

Despite Stats, Some Aren’t Worthy of Cooperstown

The rules state that you have sudden late in your career you become (failed drug test) to Alex Rodriguez to be a member of the Baseball Writ- twice as good a ballplayer as you were (admitted, and a guy who years from ers Association of America (BBWAA) maybe in your first 5 to 10 years?” now will bring HOF numbers up for con- for 10 years before you are granted the Dawson said. “That just doesn’t happen. sideration) – then by extension they are privilege of voting for the Baseball Hall That’s not the way it works.” saying that years and years of champi- of Fame. THE PRESS BOX Predictably, several BBWAA mem- onships, games and records are tainted. I could hardly wait. DON WADE bers have come out and penned self- That’s a truth too painful too face. The rules also say that writers can righteous explanations for why they will Better that they bend the rules of vote for up to 10 eligible players, but Miami Marlins, Dawson spoke to Joe vote for Bonds, Clemens and others. integrity. that they don’t have to vote for any. Capozzi of the Palm Beach Post on the Essentially, said writers choose to Better that they pretend it’s not that In my first year, I voted for just one: subject of steroids and the Hall of Fame. view themselves as above the fray, too big of a deal. I look at the 37 names on outfielder Andre Dawson, who was not “I can’t say how the voters are going open-minded to lock Cooperstown’s this year’s ballot and just about all of elected that time but was in 2010 – his to react in the years ahead but (Bonds doors to the legions of known and sus- those with Hall-worthy numbers I either ninth year on the ballot. and Clemens and others associated pected steroid cheats that increasingly know, or strongly suspect, used PEDs. Now, many players just didn’t have with steroids) wouldn’t get my vote for populate the Hall’s ballot. My only consolation is that I no lon- the numbers to merit my vote. Others, the simple reason rules were broken,” Let’s be blunt: Baseball desperately ger have a vote. Saves me the trouble of however, had numbers I simply did not Dawson said. wants to be done with the Steroid Era. mailing back a blank ballot. trust. “One of the criteria is integrity of the But that can’t happen when each year So, with the 2013 ballot includ- game … . When I see records being shat- brings more names associated with Don Wade’s column appears weekly ing such notorious first-time entrants tered left and right for selfish reasons, performance-enhancing drugs (PEDs) in The Daily News and The Memphis as Barry Bonds, Roger Clemens and just to make money, that’s when I have back to the main stage. News. He and Jon Albright host the Sammy Sosa, a word from Dawson is in a problem with it. If writers reject all those known “Jon & Don Show” on Sports 56 AM and order. “Nobody can say when these to have used steroids – from Mark 87.7 FM from 6 p.m. to 7 p.m. Tuesdays Now a special assistant with the individuals started doing it. But all of a McGwire (admitted) to Rafael Palmeiro through Fridays. www.thememphisnews.com December 28, 2012-January 3, 2013 15

sports

two of the things Carlisle likes best about Mayo, adding, “He’s got an engaging personality. He’s got some great intrinsic qualities other than being a skilled bas- ketball player … (Dirk) and O.J. will mesh well together because O.J. not only is a good scorer, but a very good cutter. He will benefit Dirk (and vice-versa).” Said Allen: “As hard as he works, I know he’ll be a success. Many a night I would come to the gym expecting to see nobody and who would I see? O.J. Mayo.” Mayo counts Marc Gasol and former teammate Shane Battier as guys who taught him how to be “a professional.” He says many players, Allen included, showed him work ethic and rallied behind him during tough times. Now he knows his past led to his present. “Even when the light does not seem that big,” the former Grizzly said with a knowing smile, “continue to grind in the dark.”

Dallas Mavericks guard O.J. Mayo, right, made his return to Memphis Dec. 21, a game the Grizzlies won. Mayo has found a niche in Dallas, and the Grizzlies have moved on after his departure. AP Photo: Danny Johnston

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COVER STORy

Turning the Page>>> 2013

World didn’t end in 2012, and Memphis’ future looks promising

Story by ANDY MEEK

It’s that time of year again. It’s that time when option that the customer gets for free. by $1.7 billion a year. That has helped people get used to the Most of that will come from reduc- journalists across the fruited plain collectively try and make notion of “deferred shipping.” Not that it’s tions in FedEx Express. a new trend – it’s one that’s been on more Even with the headwinds, though, in- God laugh – with our prognostications, of course, about the of a slow boil. vestment research firm Morningstar Inc. Company founder Fred Smith told an- expects FedEx to grow revenue 7 percent year ahead and of what might be. alysts earlier this month that “over the last per year on average through fiscal 2015. couple of years, customers have opted to Rather than engage in the fruitless exercise of making spe- trade a bit of speed for a lower price.” cific predictions, though, here’s a little context around some And that’s one of many reasons why, in the words of a Wall Street Journal article of what were the most important and closely watched people, earlier this month, FedEx has conceded >>> Schools that it needs to clip its wings. places and things in Memphis this year. That context will not Fuel costs remain high, and the If you use as a starting point the Mem- global economy is still lackluster. FedEx phis City Council’s decision in 2008 to only hopefully bring you, the reader, quickly up to speed, but is attacking part of the problem through cut funding to Memphis City Schools, it’s supply chain efficiencies. At an investor apparent a student could have finished an give a general indication about what the next directions will meeting in October in Memphis, Smith entire high school career while educators, touted technological advances linked to administrators and political leaders are be. cloud computing that he says will im- still haggling over the direction of local (We’ll leave the detailed forecasting to higher powers.) prove productivity as the company’s head public education. count is reduced in a voluntary buyout 2012 was a busy year for the coming program. merger of Shelby County’s two public What’s still to come: The company school systems. At year’s end, there were sent buyout package terms to some a lot of decisions left to be made in 2013, >>> FedEx factors like Amazon.com corralling a employees earlier this month. Employees with city and county schools set for an growing share of the e-commerce market, in the corporate, Express, Services and August merger date at the start of the First, the company brand most widely FedEx’s overnight unit hasn’t grown nearly TechConnect divisions of FedEx in the 2013-2014 school year. associated with Memphis. FedEx Corp., as fast as its ground and freight busi- U.S. with at least five years of continu- A Memphis federal court ruling that which employs some 30,000 people in nesses. ous service at FedEx as of Nov. 30 will get voided all of the 2012 moves toward Memphis, is at a pivotal moment in the The Amazon factor is particularly buyout packets in February. establishing suburban municipal school history of the package delivery giant. acute. The Seattle-based Internet retailer FedEx executives said in October that districts meant that the six suburban Earlier this month, the company makes it especially lucrative for custom- the buyout will cost the company approx- towns and cities in Shelby County will be reported a second quarter profit of $438 ers to accept slower delivery times for imately $600 million, which will be split part of the consolidated school district in million, down 12 percent from $497 mil- their packages, with a subscription to the over two fiscal years. That also was when August. lion during the same period last year. company’s Amazon Prime service, for Smith told investors that the company For supporters of the suburban school With the economy still tough and other example, including a two-day shipping has set a goal of increasing its profitability districts, 2012 was a surprising and busy www.thememphisnews.com December 28, 2012-January 3, 2013 17

Photo collage: Emily Morrow year. The suburban mayors had hoped mended when it sent its report to the salary cap question. Pera, the founder of the Dec. 19 game. “If world ends Friday, to hold referendums on forming their school board this past summer for action. San Jose, Calif.-based communications will finish front office career undefeated. school districts in March. But a Tennessee The school board, so far, has not acted on technology company Ubiquiti Networks #mayans” Attorney General’s legal opinion held that any of the most controversial parts of the Inc., has been traveling as part of his nothing could happen on that front until planning commission report. company business, but new Grizzlies CEO after the merger in August 2013. It has approved some recommenda- Jason Levien said he and Pera talk every The Tennessee Legislature passed an tions for purposes of considering those day and that Pera follows every game on amendment to state law that permitted as they assemble a budget for the fiscal either his iPad or laptop. >>> The Economy them to start before the merger date. With year that begins July 1, a month before From the get-go, they knew what they that, ballot questions on forming munici- the merger takes effect. And the board were getting into. Perhaps the most important story of pal school districts were approved in the is scheduled to vote in March on a set of “I knew what this town was like before this year. It’s also going to rank high up August elections and school boards for five school closings, far less than the 21 the Grizzlies got here, and after,” said there in 2013, and it’s one that almost each of the six suburban cities and towns schools the planning commission recom- Levien, whose first visit to Memphis was no one – not local government officials were elected in the November elections. mended with a savings to the new school actually in 1996 to help his old law school or private business leaders, families or Those two sets of decisions were all system of $20 million. buddy Harold Ford Jr. run for his father’s ordinary consumers – can plan for with voided with a late November court deci- Memphis congressional seat. “I’d seen it any degree of certainty. sion by Memphis federal judge Hardy both ways. I knew what a basketball city it The area’s jobless rate has come off Mays. was and what a great community it was. its recent highs. The housing market is Still to come in 2013 is another ruling “We really dug in on it and studied the showing signs of life. Companies are mak- from Mays on two other state laws that >>> The Grizzlies opportunity and whether we could run a ing capital investments in the area. To set the process for forming the suburban successful team and a successful busi- be sure, an argument could be made for school districts. Mays’ decision will de- At the Dec. 19 game between the ness. And we decided we could.” optimism if a person wanted to do that. termine whether those laws allow for the Grizz and the Milwaukee Bucks, former Part of running the business side But there’s more than an insignificant municipal school districts at any point Memphis Mayor Willie Herenton was in successfully involves talent, and one of probability that a recession of political after the merger. the crowd, a few rows back from court- the most recent examples of fresh blood leadership will lead to a broader eco- At year’s end, all sides in the lawsuit side. Munching on popcorn and silently includes ESPN’s John Hollinger, brought nomic recession in 2013. And, of course, had met privately to see if there could be pumping his fist in the air whenever there on in recent days as the Grizzlies’ new other than mid-term elections less than a settlement short of another ruling from was occasion for fans all around him to vice president of basketball operations. two years away, the fate of the national Mays. cheer and clap, he was, now, just a fan. Adding Hollinger, the analytics guru, economy is out of our hands. The countywide school board is pared And he was enjoying the performance of to the front office fulfills the hinting that A pair of investment professionals down from its current 23 members to a team that looks a lot different than it did Pera did at a press conference in No- recently met for lunch with the author of seven members with the schools merger when the franchise relocated to Memphis vember when he introduced himself to this article. After venting their frustrations in August. And the board has approved a under his watch. the city. Essentially, Pera said at the time about various aspects of the economy, process for selecting a merger superin- There are still some outstanding he thought the Grizzlies could do with a they perked up when asked whether tendent that would have the single super- questions about the direction of the “Moneyball” approach to player evalua- they’re worried much. intendent going to work in mid-February. team – whether new owner Robert Pera, tion. “No, not really,” they shot back. “At That’s later than the schools con- for example, is done making changes to “Big win thanks to amazing D (80 pts. some point, you’ve just got to live your solidation planning commission recom- the leadership ranks, and things like the on ~100 trips),” Hollinger tweeted after life, right?” 18 December 28, 2012-January 3, 2013 www.thememphisnews.com

news

LAW & THE COURTS Juvenile Court Details Emerge

BILL DRIES | The Memphis News

funding the defenders office, which could Local court to see changes after scathing report from Civil Rights make the office and its funding a state Division of Justice Deparment outlined litany of problems responsibility. “I raised the issue as to why we wouldn’t just go like most of the other ess than 24 hours before the U.S. terms and timelines for meeting standards not afford to hire their own attorneys. counties in this state and let the state take Justice Department and Memphis- over several years. Juvenile court officials have said the over the public defenders office. … They LShelby County Juvenile Court lead- All three of the positions are to be paid bulk of the children before the court can- don’t even come close to fully paying for ers announced a detailed set of reforms for by Shelby County government and not afford legal counsel and must have it,” Ritz said. and safeguards to guarantee changes in include separate monitors for due process appointed counsel. “The (defenders) are going to have to the court, Shelby County Commission- procedures and another for equal protec- The court has used a panel to appoint be specially trained and separately hired. ers met behind closed doors with those tion standards. attorneys that the Justice Department This may just be a good time to just forget involved in the local side of the deal. Within six months, Juvenile Court specifically criticized for being tied to the about the public defender and let the state The parameters of the agreement had magistrates will get a “bench card,” or a court. take it over.” been hinted at pretty specifically in the checklist of “substantive issues they need And the April report cited instances Within the next month, the court must months since the Civil Rights Division of to cover during hearings” that comply where those appointed attorneys weren’t specifically bar, as a matter of policy, the the Justice Department released a scath- with due process guarantees. There will be as zealous in advocating for clients as they “adverse use of information obtained from ing report on due process practices at the bench cards for six juvenile proceedings. should have been because of the connec- a child during his or her probation confer- court. Within a year, the structure for the ap- tion to the court. ence.” Justice Department attorneys investi- pointment of defense attorneys indepen- Ritz said changing how defense attor- And prosecutors cannot call a child as gating the court since 2009 also empha- dent of the court must be in place. neys are appointed will be costly and that a witness during the child’s hearing includ- sized their finding in April of dispropor- That includes a separate juvenile de- is where the commission’s support will be ing transfer hearings. tionately harsher treatment, punishment fenders section within the Shelby County needed. The Juvenile Court magistrates would and transfers to be tried as adults for Public Defenders office as well as a panel “We’re going to have to pay for it. If the hold those hearings must also tell any African-American juveniles. system for the selection of other attorneys commissioners don’t support it and can’t child who wants to testify at those hearings But when the settlement terms were when there is a conflict for the defenders embrace it, I don’t think they are going to that they cannot be forced to testify. announced the next day, County Commis- office or where the workload requirements want to fund it,” he said. “We were told Within 90 days Juvenile Court must sion chairman Mike Ritz was surprised. set for the public defenders office unit are $4.5 million to $6.5 million a year for the specifically write into its rules a require- “They didn’t tell us the agreement at capacity. rest of our lives. That’s a lot of money on ment that any child arrested without a was signed when they briefed us. I’m a Through either system, the goal within the tax rate.” warrant gets a probable cause hearing little disappointed,” he said. “The other a year is to have defense counsel appoint- Shelby County Mayor Mark Luttrell, within 48 hours of being arrested. commissioners didn’t hear them say it was ed for children who cannot afford to hire who signed the agreement, as well as Ritz No child can be held for longer than 48 signed either.” an attorney as soon as they are booked have been talking about securing more hours without such a hearing. The 42-page agreement signed Dec. 17 into the juvenile system. state funding for the change. Ritz is not Attorneys representing the children sets up a structure of two monitors and a And unless otherwise stated, the court very optimistic and said one solution must get an affidavit of complaint from ar- facility consultant to oversee very specific is to assume that juvenile defendants can- might be for county government to stop resting officers before detention hearings.

LAW & THE COURTS Craig Petties Drug Case Suspect Returns to U.S.

BILL DRIES | The Memphis News showed up Monday in the lengthy Memphis electronic Petties was the only defendant when the first federal case file that dates back to 2002. indictment was returned in April 2002. Hamlet faces 11 counts of racketeering, racketeering A month after the indictment of Petties, according to conspiracy, murder for hire, drug conspiracy and money the later indictments, investigators saw Hamlet leaving hris Hamlet, a high-ranking member of the laundering in Memphis federal court. The charges are Pettties’ home, stopped him and found 26 grams of crack Memphis-based drug organization headed by from the fourth superseding indictment in the largest cocaine. That same day in May 2002 they got a warrant CCraig Petties, is back in the U.S. and on his way to a drug case ever brought in Memphis federal court. and searched Hamlet’s home in Raleigh and found 710 Memphis courtroom. The superseding indictment was filed in January 2008. more grams of crack cocaine. While he and Petties were Hamlet was arrested near Mexico City in November But Hamlet had been mentioned as an unindicted mem- out on bond that month, they both fled to Mexico. 2007 with an AK-47 style assault rifle and $729,894 in cash. ber of the organization in earlier superseding indictments. The superseding indictments followed and added At the time, the Justice Department said it would seek Petties and Hamlet fled to Mexico in May 2002. Petties more detail to the formal portrait of a crime organization Hamlet’s return to the U.S. but there is no further mention ran the organization from the self-imposed exile, working that made millions of dollars a day, sold tons of cocaine of his being released by Mexican authorities or trans- directly with the Sinaloa drug cartel. and marijuana from a Memphis base and killed six people ferred to U.S. custody. The sprawling drug case has been Petties was arrested in April 2001 by Memphis Police in who were either considered a threat or competition, or highlighted by numerous sealed court records and closed a house in South Memphis with 600 pounds of marijuana. who were believed to have cooperated with federal inves- court hearings over the last five years. Police were called to the house by a woman Petties was tigators. Petties was captured in January 2008. Hamlet was Court records from Houston federal court this month arguing with. She called 9-1-1 and hung up. arrested in Mexico in late 2007 in a series of arrests in the show Hamlet was arrested by U.S. authorities Dec. 10 Federal drug investigators testified earlier this year U.S. and Mexico connected to the case. and the next day a magistrate judge in Houston ordered that the hang up call and the discovery of the drugs inside Petties pleaded guilty to numerous charges about him sent to the Western District of Tennessee to face the the house along with Petties and several others was the a year after his capture in secret proceedings that were federal charges. The legal paperwork from his arrest and beginning of their case. It was a narrative that would come not made public until another year later. He is awaiting appearance before a federal magistrate judge in Houston to include more than 40 people – indicted and unindicted. sentencing. www.thememphisnews.com December 28, 2012-January 3, 2013 19

news

logistics ‘Banner Year’ for Logistics Industry michael waddell | Special to The Memphis News “It was a banner year as far as road projects,” said Muller, who feels the most important was the approval of $34 million for the first phase of the improvement of ositive momentum far outweighed Lamar Avenue running from Shelby Drive the negative in the local logistics to the Tennessee-Mississippi state line. “In Pand distribution industry during 2012 we are hoping to see the acquisition 2012, as city officials and business leaders of right-of-way property, which will total continued elevating Memphis’s status as about $25 million.” world logistics hub. Money was also budgeted during 2012 “A total of seven plants have geared for the revamping of the under-designed up here in the past 12 to 18 months that I-240/Airways exchange that leads to the all use our transportation network,” said airport. Work progressed on the I-269 loop Dexter Muller, senior vice president of around the city, which will be completed community development at the Greater by next year, as well as at I-55 and Mallory Memphis Chamber. Road, the gateway into Frank C. Pidgeon Riviana Foods, the largest rice pro- Industrial Park. That intersection should also be completed next year. ducer in the world, geared up production Photo: Shutterstock in South Memphis, and Kruger’s KTG USA, “Having this interchange opened up the producer of White Cloud bathroom endangered local barge traffic due to the see more traffic coming into Memphis next year will make a smooth entrance to tissue, announced a $316 million invest- worst drought in decades, but it resulted in off the East Coast, and the major railroad be able to really showcase Pidgeon Indus- ment in new equipment at its facility north increased activity for area rail yards. serving the East Coast will be Norfolk trial Park,” Muller said. of Downtown. “I would say 2012 was a very significant Southern. I think it is going to be a signifi- Unfortunately, it wasn’t all good news Construction continued on new year for railroads,” Muller said. “Norfolk cant contribution to the logistics arena for the region. At Memphis International manufacturing plants for Electrolux and Southern got underway in Fayette County, here.” Airport, airport officials dealt with the Mitsubishi Electric Power Products Inc. and (Piperton Hills developer) William With future expansion, the Rossville challenge of Delta continuing to slash at Frank C. Pidgeon Industrial Park, and Adair has promoted the development of terminal will cover more than 400 acres, flights here. Delta also announced a operations are expected to start at both the major industrial park adjoining it. I with six loading tracks and 2,200 parking refleeting plan to phase out many 50-seat facilities next year. think that area will really start to bear fruit spaces. Rossville is the first of four anchors regional jets used for connecting and re- Nike recently won approval from the in 2013.” Norfolk Southern is building to move gional service. One local fallout from that industrial development board to add 1.8 Norfolk Southern opened its new $112 freight between the Gulf Coast and Atlantic plan was the recent elimination of Delta million square feet of industrial space to million Memphis Regional Intermodal ports in New Jersey and New York. flights from Memphis to Birmingham, Ala. its distribution center. The expansion will Facility in Rossville in July. The yard is a In other rail news, Montreal-based “I think we are going to have to be take the Nike hub to a total of 3 million key anchor for the railroad’s 2,500-mile Canadian National Railway Co. executed content being a second-tier passenger hub square feet, making it the largest distribu- Crescent Corridor. an option on 800 acres of land next to from here on out, and MEM will be one of tion center in the Mid-South and possibly “It’s going to give us much better in- Pidgeon Industrial Park with intentions the nicest ones in the country,” said Lynch, the entire Southern U.S. termodal service from the East Coast than to develop it as a logistics park. The park who cited the many recent first-class Another highlight of 2012 was the we’ve had in the past,” said Clifford Lynch, would border the jointly owned CN-CSX improvements at the airport including quietly explosive growth of specialized principal at logistics consulting firm C. F. Intermodal Gateway-Memphis in South- the upcoming opening of the new ground manufacturing company Jabil, which has Lynch & Associates. west Memphis, which represents a $41 transportation hub early next year. hired more than 1,000 new employees in He expects to see more traffic coming million investment by CN. Construction has nearly wrapped up the past 18 months. to Memphis once the new, larger Panama Rail wasn’t the only mode that enjoyed on the new ground transportation center, Low Mississippi River water levels Canal is opened in 2015. “I think we will a positive 2012. which is on track to open in February.

Businesses Should Be Prepared for Media Interviews

So, you got a reporter to agree interview experience; in those cases, our wide go hungry. But be honest about that Use positive language, and in your to write a story about you? That’s great. media prep may be limited to sending and don’t guess the number – you never response, avoid repeating or introducing Media coverage in respected outlets a list of potential questions the inter- know who might repeat that number and any negative language. can make a huge impact on awareness viewer might ask. In many cases, though, use it again. Don’t use jargon unless you are inter- of your company or nonprofit. But just especially with representatives who have In a case like this one, respond this viewing with a reporter who works only in because you’ve gotten the story, that less media experience, our prep is more way, “I’m actually not sure about the your industry. doesn’t mean the work is comprehensive. global hunger statistics, but what I can Channel your mother’s voice in your over. The interview is the Here are some quick tell you is that one in four people in our head, and sit up straight, use positive Katie Pemberton most important part. Yes, GUEST COLUMN tips: community are uncertain where their body language and be aware of your facial you will be talking about Prepare. Have sta- next meal is coming from.” expressions. your company and/or tistics, testimonials and Keep the interview on track. Especial- Remember, every interview or sce- yourself, a topic you are extremely famil- other data handy so you can refer to it ly in a live interview, the line of question- nario is different. The first piece of advice iar with. But just because you know your and give the reporter meaningful infor- ing can go off the rails quickly. Yes, it is I gave is the most important one: prepare. subject matter doesn’t necessarily mean mation to support your argument(s). the interviewer’s job to stay on topic, but Whether you do that with a colleague, you know the best way to present it. Consider what kinds of questions the you must share that burden if you want friend or a trusted PR partner, you will At Obsidian, a major part of what we reporter might ask and practice your your message to be heard. never regret investing an hour into your do is preparing our clients for interviews, responses to those. Speak only for yourself and your or- company’s reputation. whether it’s a live in-studio TV or radio If you don’t know the answer, do NOT ganization. There are very few scenarios interview, a taped TV interview or a phone guess. It’s OK if you are doing an inter- in which you should talk about any other Katie Pemberton is an account man- interview. Several of our clients have view about a local hunger initiative and organization, and certainly you should ager at Obsidian Public Relations, a media-savvy leaders who have a lot of you don’t know how many people world- never bad-mouth another organization. Memphis-based public relations firm. 20 December 28, 2012-January 3, 2013 www.thememphisnews.com

real estate & development Homebuilder Permits Improve

10 Percent in November SARAH BAKER | The Memphis News

he National Association of Home- Association. came in something less and the bank with sales. Builders sold 68 homes in No- builders said Tuesday, Dec. 18, that “Pretty much the forecast is that we’re wouldn’t loan them mortgage money.” vember, averaging $304,182 and totaling T sentiment across the homebuild- going to continue to see increased cost in Regency Homebuilders LLC continues $20.7 million in sales volume. ing industry rose to its highest level since housing, which is going to drive prices,” to lead the county in new home construc- That’s a 5.6 percent decline from the middle of 2006. Caylor said. “The other toss at that is the tion, filing 19 permits in November aver- November 2011, when they sold 72 homes National housing permits in Novem- supply of lots – we’re running out of lots, aging 2,698 square feet and $188,412. averaging $218,161 and totaling $15.7 ber posted a 26.8 percent increase from especially the good-priced lots, which is Other busy builders were Grant million. But it’s a 6.3 percent uptick from November 2011. And while they’re not up also going to drive that cost. Then you Homes (10; 2,848; $179,332), Karen November 2010, when 64 sales averaged quite that much, local starts are seeing offset that with what is the cost to develop Garner of Magnolia Homes (five; 3,622; $245,628 and totaled $15.7 million. increases as well. today.” $360,000), Charles Morgan of Vintage Glays said economists predict a bit Shelby County homebuilders filed 68 The desire to live in Germantown and Homes LLC (four; 2,467; $170,946), of the market’s pent-up demand to be permits in November, a 10 percent boost Collierville has already driven the prices Palmer Albertine of Albertine Co. LLC released in 2013, but that the big influx is from the 62 filed during the same month up in those areas, said Don Glays, the as- (three; 5,408; $535,000) and Richard Grant going to come in 2014. last year, according to real estate informa- sociation’s executive director. The trick for (three; 2,792; $184,633). “If a house has a 100-year lifespan and tion company Chandler Reports, www. builders is to try to find the right lot at the Cordova North’s 38016 ZIP code tallied there are 300,000 houses in Memphis, chandlerreports.com. November permits right price to build the right product to the most permits last month (20; 2,727; you’d think that we’d have to build 3,000 posted an 18 percent decrease from the where consumers can qualify. $185,801). The next most active ZIP was houses a year just to keep up with dete- 83 permits filed during October. “I can’t tell you how many times Arlington’s 38002 (16 permits; 3,223; rioration in the market,” Glays said. November permits averaged 3,223 people have told me that they had a $235,372). “We’ve been building 600, 700, 800, square feet and $260,603. That compares solid contract with somebody who was The local subdivisions with the most 900, maybe 1,000 houses a year, so we’re to November 2011 averages of 3,136 employed and had been employed for activity during November were Fountain falling behind, so there is a pent-up square feet and $235,999. a long time, was guaranteed a good job Brook (nine; 2,843; $189,417) and Oak- demand.” And prices are expected to keep trend- going forward, had a good down payment lawn Estates (six; 2,766; $191,713), both ing upward, said Don Caylor, 2013 presi- and offered X number of dollars for the located in 38016. Chandler Reports is a division of The dent of the Memphis Area Home Builders house,” Glays said. “Then the appraisal Meanwhile, permits are keeping pace Daily News Publishing Co. Inc.

INKED CashSaver Trades Hands for $3.2 Million

SARAH BAKER | The Memphis News Shopping Center and Flemming’s Prime Steakhouse & $350,000. Wine Bar at 6245 Poplar, owned by Lake Worth, Fla.- Built in 1954, the Class B, 3,053-square-foot prop- based In-Rel Properties Inc. erty’s 2012 appraisal is $346,500. Raleigh, N.C.-based Highwoods Properties Inc. owns The buyer was represented by his wife, Leslie O’Leary, he CashSaver in Midtown has traded hands. the Class A, 337,916-square-foot Crescent Center. Brenda an agent with Keller Williams Realty. Jess Ossorio of Kansas City, Kan.-based Super Market Devel- Solomito is handling the land planning for Darden and Crump Commercial LLC represented the building own- Topers Inc. bought the 69,017-square-foot building for Highwoods. ers, William Joseph Ross, Mary Carolyn Norfleet, James at 1620 Madison Ave. at Avalon Street from 1620 Madison Plans for a 9,231-square-foot Season 52 were filed Johnson Ross and Cynthia Fuller. LLC for $3.2 million. Fred Monks III, president/chief in November at 6085 Poplar at the corner of Poplar and Patrick O’Leary is going to use the space for his office, manager of 1620 Madison LLC, signed the special war- Ridgeway Road. Seasons 52’s menu changes four times a Ossorio said. ranty deed. year, and none of the dishes exceed 475 calories. O’Leary also filed a $323,000 mortgage for the prop- Built in 1962, the Class C property has a 2012 ap- erty through Triumph Bank that matures Jan. 21, 2023. praisal from the Shelby County Assessor of Property of $2 In more restaurant news, Table 613 has leased 2,000 million. square feet in Sanderlin Centre, 5101 Sanderlin Ave., And M. Hanetite inked 4,230 square feet of industrial Super Market Developers was also amended in the Suite 103. Built in 1989, the 47,290-square-foot neighbor- flex space in Nonconnah Corporate Center, 2803 Longate lease agreement as the landlord and Kansas City-based hood shopping center is anchored by Fox and Hound Bar Drive. Associated Wholesale Grocers Inc. as the tenant for 20 & Grill and also houses Napa Café, Cosmic Coconut and Hanetite located in the park six months ago and oc- years beginning Jan. 1. Jerry Garland, president and CEO Muddy’s Bake Shop. cupied 1,815 square feet. This deal represents a renewal of Associated Wholesale Grocers, signed the deed on Table 613 is a kosher restaurant concept and should and expansion for the tenant. behalf of landlord and tenant. open shortly after the first of the year. Able Moving Co. has also leased a 1,815-square-foot Super Market Developers is a subsidiary of Associ- Pat Surratt and Wilson McCloy with Crye-Leike warehouse in Nonconnah Corporate Center, 2701 Barris ated Wholesale Grocers. Commercial represented the tenant. John Schaffler, Drive. agent with McKee & McFarland Inc. represented the Able Moving Co., a local resident and commercial In other commercial real estate news, plans are under landlord, Sanderlin Centre Partners and Levy moving firm, is relocating from an industrial park way for The Capital Grille’s first Memphis and Ten- Family Investments LLC, in care of Michael A. near Sam Cooper Boulevard and Hollywood nessee location at the Crescent Center, according to a Lightman. Street. recent permit application with the city-county Office of McCloy and Surratt also brokered the Elliot Embry and Hank Martin with NAI Construction Code Enforcement. $280,000 sale of a triple-net ground lease for Saig Co. represented the landlord, Nonconnah A $1.3 million building permit was filed for the con- a Jiffy Lube at 3202 Austin Peay Highway. Holdings LLC, in both transactions. Neither struction of a new 8,946-square-foot The Capital Grille Naperworth LLC was transferred the tenant was represented. restaurant at 6065 Poplar Ave. The upscale steakhouse, 1,440-square-foot property from Omaha, owned by Orlando, Fla.-based Darden Concepts Inc., will Neb.-based Broadmoor Investment Corp. Send commercial lease announcements be to the west in front of the Crescent Center’s attached to Sarah Baker, who can be reached at garage along Poplar. Meanwhile, Patrick H. O’Leary 521-2464 or sbaker@memphisdaily- Other nearby steakhouses in the area include Ruth’s acquired the former Billy Ross Photog- news.com. Chris Steak House in Boyle Investment Co.’s Regalia raphy studio at 5168 Wheelis Drive for www.thememphisnews.com December 28, 2012-January 3, 2013 21

ers that already work closely together Get More Out of Your Corporate Retreat and share the same context. It is a unique forum to give cross-divisional top perform- Have you ever asked yourself take time to examine the bigger picture, through that lens. What are the critical ers and those that have a drive to make why you are taking a corporate retreat? Is adjust strategies and set the operating product, service, morale, competitive, things better a voice. This may be the it because the company has always had plan for the year. If you don’t make this economic, sales and efficiency issues that company’s strongest form of compensa- one and it is just an event on autopilot? time, the tyranny of tasks can take over are limiting growth? Design interactive tion and retention tool. Team members Is it intended to reinforce the company and the company rolls through each year exercises at the retreat to fully mine these will look forward to the retreat because line? What do you in a state of myopic limitations. it is engaging, intellectually stimulating as a leader really focus. To get the Equally important, allocate time to and actually fun. Better yet, they will feel get out of it? What most out of a retreat discover opportunities for growth. Here it empowered. does everyone else you need to do some is important that the brainstorms and ex- To make the retreat actionable, you get out of it? If it is work to make it ercises stretch the boundaries of thought need to clearly communicate how deci- designed to be a count. In prepara- so that time is not spent regurgitating sions will be made and expectations “morale builder” and tion, collect critical obvious or old ideas. Consider inviting around next steps. Will you make decisions a session to “build intelligence from customers to participate in a co-creation by consensus or majority? Who gets the JOCELYN ATKINSON consensus” you may & michael graber your employees and workshop where the collective team col- final say in each area? Who is responsible be wasting your time let’s grow customers to craft laborates on solutions or new products for putting together the action plan? and money. There an effective agenda. and services. This is a great way to make If your company doesn’t have a cor- is nothing worse for morale than having a Make it confidential or anonymous and your company more customer-oriented, porate retreat, consider taking a day to do lockdown then hotboxing people who work do not filter conflict and controversy. Now deepen customer relationships and deliver some of this work for your department. over 50 hour weeks. These people likely more than ever, we are pulled in a multi- greater value to the marketplace. Working together toward growth can be feel that they are getting behind on their tude of directions diverting our attention The two most crucial elements of the almost as fun as a trust fall or a blindfolded work treadmill and worse, they resent the and diffusing the focus of energy. Return retreat are the quality of the exercises wall climb. time away from home and family. to the simple core: “how do we grow?” and the participants themselves. Invite a Jocelyn Atkinson and Michael Graber A retreat can be an invaluable way to Take a look at the feedback you collect wide range of people, not just top manag- run the Southern Growth Studio.

3443 winchester road national Airport last year for $1.1 3474 winchester road million from CMPTC Series 2005-C6 REAL ESTATE RECAP 3649 lake park drive Somerset Park LLC. 6431 arrowbrook James G.M. Lenschau, a director memphis, TN 38118 with the Memphis office of Martin Tate Morrow & Marston PC, signed Roberts Benchmark Hotel Sale Amount: $1.7 million the articles of organization for JMC Sale Date: Dec. 6, 2012 Memphis. On Union Sells for $3.2 Million Buyer: JMC Memphis LLC Seller: Investments Australia LLC 135 n. pauline st. Details: An entity called JMC Mem- memphis, TN 38103 ERIC SMITH | The Memphis News phis LLC has paid $1.7 million for the 496-unit Somerset Park Apart- Sale Amount: $2.2 million ment Homes in Oakhaven. Sale Date: Dec. 14, 2012 It bought the apartment complex Buyer: Shelby County Health Care in a Dec. 6 special warranty deed Corp. Monroe Ave S Main St from Hollywood, Fla.-based Invest- Seller: Kessler/Berwyn Medical LLC ments Australia LLC. – Tennessee Series, Chicago/Pauline

S 2nd St AutoZone The apartment complex’s four Holdings LLC and 135 N. Pauline Park parcels are 3443 Winchester Road, Properties LLC S 3rd St 3474 Winchester Road, 3649 Lake Details: The Regional Medical Cen- Park Drive and 6431 Arrowbrook, ter at Memphis has closed on its $2.2 according to the Shelby County As- million purchase of two buildings Roberts sessor of Property. at 135 N. Pauline St. as part of its Union Ave Benchmark Built in 1972, the Class D com- expansion. Hotel plex contains more than 500,000 Operating as Shelby County square feet and sits on 24.45 acres on Health Care Corp., The MED the south side of Winchester Road, bought an 82,216-square-foot, six- just east of its intersection with Tch- story building and a neighboring

Hernando St S 4th St ulahoma Road. It has a combined 10,372-square-foot facility Dec. 14 164 union avenue • memphis, TN 38103 2012 appraised value of $2.2 million, from Kessler/Berwyn Medical LLC – according to the assessor. Tennessee Series, Chicago/Pauline The complex’s largest parcel is Holdings LLC and 135 N. Pauline 164 union avenue 6431 Arrowbrook, which contains Properties LLC. memphis, TN 38103 196 units and 200,400 square feet in The buildings, which are on the multiple buildings that sit on 10.92 west side of Pauline Street between Sale Amount: $3.2 million acres, and has an appraised value Poplar and Jefferson avenues near Sale Date: Dec. 5, 2012 of $924,000. Next is the 3649 Lake The MED’s campus, will be used as Buyer: MNR Hospitality LLC Park Drive parcel, which sits on 7.17 office space for the growing organi- Seller: RHG Memphis Hotel Inc. acres, has 160 units and 179,980 zation. Details: A Nashville investor has paid $3.2 million for the 120-room Roberts Bench- square feet with an appraised value The MED recently paid $3.4 mark Hotel at 164 Union Ave. in Downtown. of $651,000. million for acreage in East Memphis MNR Hospitality LLC bought the 103,152-square-foot hotel in a Dec. 5 warranty The 3443 Winchester Road par- where it will build an outpatient deed from RHG Memphis Hotel Inc. No financing was affiliated with the transaction. cel sits on 3.9 acres, has 72 units and facility. Built in 1958, the hotel sits on roughly half an acre at the northwest corner of 70,200 square feet with an appraised Built in 1967, the larger of the Third Street and Union, across from The Peabody hotel and AutoZone Park. The value of $347,100. And the 3474 two buildings sits on 2.77 acres and Shelby County Assessor of Property’s 2012 appraisal is $1.7 million. Winchester Road property sits on has an appraised value of $2.3 mil- The sellers of the Benchmark Hotel, formerly the Best Western Benchmark Hotel, 2.46 acres, has 44 units and 40,396 lion, according to the Shelby County dropped their affiliation with a brand name a couple years ago and put the property square feet with an appraised value Assessor of Property. up for sale in 2011. of $252,000. The other building was built in Operating under the name Metro Hotels Inc, RHG Memphis Hotel bought the Investments Australia acquired 1988 and has an appraised value of hotel in 1994 for $1.5 million. the property near Memphis Inter- $452,800. 22 December 28, 2012-January 3, 2013 www.thememphisnews.com

Stranded During Law Talk Christmas Diverse Career Leads Decorating My understanding of Christmas tree Morris to Firm’s lights, in a word, is nada, zilch, nil. OK, so that’s three words. I plug in a strand. If the bulbs light up, we’re good. If they don’t, I’m lost. My main task during the Yule season is stringing Aviation Group white lights in the yard. From year to year, I test each of several strands. I keep several not-yet-opened packages to replace any strand that does not work. richard j. alley | Special to The Memphis News Circa 10 years ago, we shelved the tradition of buying dead Douglas firs and bought a pre-lit artifi- cial tree. We got a discount for buying a “floor model.” Native Memphian joins local office of Husch Blackwell LLP We’d gladly have paid a premium for it, because it was already assembled. ative Memphian and foreign cultures This tree had strings Germantown High School and law in faraway of lights that were factory- Nalum, William Morris, has countries such as installed. When the holiday joined the Memphis office of Husch Malaysia, China, Singapore and season was over, it got Blackwell LLP, a St. Louis-based VIC FLEMING litigation and business law firm with Japan. I SWEAR disassembled by my son, 600 attorneys across the country “Working for who had the good sense to and in London. FedEx as a lawyer color-code, with post-it notes, a series of wires that Morris will work with the firm’s was really fascinat- had been very carefully plugged into one another. aviation group, which serves a ing and it was a Thus, the next year I’d be able handle the as- clientele base made up of airlines, tremendous experi- sembly. As it turned out, my son got home from col- maintenance and overhaul compa- ence,” Morris said. lege in time to assemble the tree. Ditto the next year nies, airports, aviation insurance “I was definitely and the next. Circa five years ago, the tree-assembly companies and the like. able to advance task fell to me. His days are spent with contracts my transactional Putting the three main parts of the tree togeth- and the details of complex transac- experience in ways er was a no-brainer, even for me. But the light wires tions and laws from around the that I never imag- also had to be plugged in. In performing this task, I world for which he uses skills and ined doing so while came to realize that my son’s Post-its were not as knowledge gleaned over more than practicing law in clear as I’d a decade in work. Memphis.” assumed His professional background After six years I Swear Crossword they ranges from general corporate and with FedEx, Morris Fleming’s weekly puzzle Page 27 would be. real estate law to tromping through had become lead After the marshes of Louisiana as an en- aircraft counsel an hour of vironmental lawyer with the Army and was looking to trial and error, I had the tree assembled and lit up, Corps of Engineers. MORRIS advance his profes- and was bleeding in only three spots. I started plot- It all began as a law student at sional career and ting how to get my son home early the next year. the University of North Carolina ing marshlands and other wetlands stay in Memphis. But that didn’t happen. School of Law, which he attended for particular projects, meeting with “If you’re not going to be an air- In Year Two of my era of assembly, the pre-lit after receiving his undergraduate at landowners and negotiating rights craft lawyer for FedEx, and you want tree would not light up. No matter how logically I the University of Alabama. to do projects on their land. It was to stay in Memphis, your opportuni- connected the various wires … nothing! So off to Morris said he planned to attend pretty fascinating.” ties are fairly limited.” the store I went, returning with several strands of school for a Master in Business Home and love brought him He began work with Husch lights. I didn’t feel good about myself. But the tree Administration but instead set his back, and he married fellow Mem- Blackwell’s aviation group Dec. 1. lit up. In succeeding years, I repeated this tactic sights on a top-tier law school. phian Renee Schauer, the two even- The firm’s aviation practice is without incident. Until this year. About a week after “I started thinking about other tually having two sons, and he went relatively small, Morris said, “but the tree was launched - fully loaded with all the things to do and ways I could maybe to work with the firm of Bass Berry & they have great attorneys, they delicate little ornaments that we’ve accumulated in differentiate myself a little bit, and Sims PLC. have great experience and do very 39 years of marriage - the lights failed. instead of putting a business degree As with anyone making his home sophisticated work. The firm is look- Susan allowed as how she and I ought to be on top of an undergraduate business in this city, the pull of the purple and ing to expand that practice, so they able to solve this problem with a little brainstorm- degree, I decided to look into law orange of the city’s largest employer were looking for someone with my ing. Ouch! school instead,” he said. is great. qualifications.” One logical solution was to disconnect the And he hasn’t looked back. A job “I really backed my way into The avid outdoorsman and fly strand closest to the socket from the second with Burr & Forman LLP in Birming- FedEx,” said Morris, who at 41 years fisher feels as though his career has strand, test it, and if it wasn’t working, remove it ham, Ala., introduced him to general old is the same age as the shipping been a series of moves brought on and replace it with another. Endeavoring to employ corporate and real estate law. company and grew up with it in his by luck and chance, like a stone this option, I came to appreciate for the first time “Generally, lawyers get classified periphery of knowledge. skipping across a mountain stream. how difficult it is, on a fully loaded Christmas tree, as either corporate lawyers or litiga- “I feel like I kind of grew up with They’ve all added up to the experi- to locate where one strand of lights is plugged into tors, which are pretty broad distinc- the company … but it never oc- ence needed to become a leader in another. tions,” Morris said, “but I did not see curred to me to go to work for FedEx, his field. After the fifth or sixth ornament fell to the floor, myself going into a courtroom every it never even entered my mind.” “I can’t say that it was any well we bit the bullet and stripped the tree of each and day.” A friend in the legal department thought-out plan,” Morris said. “A every ornament. A few minutes later, entangled Instead of a hushed and paneled notified him about a job opening lot of these opportunities have just fallen into my lap or I’ve backed my in the first, second, and third strands of lights, I courtroom, his next job found him and he applied more out of a willing- in New Orleans working with the ness to network and professional way into them, but they certainly determined which strand would not light up. I took Corps of Engineers, “an interesting courtesy, and ended up taking the have been fun and exciting and I’ve it into “the other room” for its punishment. And we career choice” as he puts it, where job. enjoyed the fact that I’ve had those redecorated the tree from strand one. he focused on environmental and As an in-house attorney, he experiences, been able to move Vic Fleming is a district court judge in Little conservation projects in Southwest- found, there was a completely differ- around and see a lot of different Rock, Ark., where he also teaches at the William H. ern Louisiana. ent dynamic than private practice. things. Bowen School of Law. Contact him at vicfleming@ “Instead of driving a desk for 10 But Morris enjoyed his time at “And I do think it adds value to att.net. hours a day, I was able to spend a lot the global shipping giant FedEx, my legal skills and being able to of my time out in the field and tour- and the travel and immersion into serve my clients too.” www.thememphisnews.com December 28, 2012-January 3, 2013 23

Memphis STANDOUT Ford Jr. Ready for Role as Council Chairman

BILL DRIES | The Memphis News “I got a taste of it,” he said. “But now that same civic responsibility.” cable fairness and ingenuity when it came that I have to do it 24 consecutive times Ford was one of several council mem- to the budget.” it’s different than a sporadic one or two at bers who in the last two budget seasons Ford plans to continue the council’s a time.” have come up with budget proposals of move in recent years to make council dis- f you didn’t know that Edmund Ford Jr. Ford Jr. is the fifth member of the Ford their own. As chairman, Ford’s role will cussions more focused and more concise. teaches mathematics, there would be family to hold the District 6 council seat include being a moderator and facilitator Council rules enforced more stringently Iclues. since his uncle, John Ford, upset James of the body. But he hopes in recent years permit He can almost sense a percentage that Netters in the 1971 city elections. the trend will continue. council members to is wrong and he prefers not to “ballpark” With his election in 2007, Ford Jr. be- “I would love to see speak twice on items numbers. The precise numbers are part of came part of the largest turnover of council council members who with an overall time limit the story of his entry into politics. seats in the 44-year history of the mayor- may be critical of other on how long each may When his father, Edmund Ford Sr., was council form of government in Memphis. ideas to come up with speak. elected to the council in 2003, the younger He was re-elected in 2011 as part of the their own particular ideas “I want to make sure Ford’s path to the council began. largest return of incumbents to council so that they can also be that we are following all He attended the twice-a-month coun- seats in the history of the mayor-council considered as well,” Ford of our procedures and cil meetings for the last three years of his form of government. said. that we treat everybody father’s tenure while still a student at Ten- The core group of council members The move to such in the same impartial nessee State University in Nashville. who came onto the council in 2007 have plans is important FORD Jr. manner,” said Ford, who “My car’s got 260,000 miles on it,” he made a point of questioning city priori- because it is an effort to for all his time watching said before noting that he made the Tues- ties and methods of operations first under break the council’s con- as an outsider said being day trip to Memphis and back to Nashville Mayor Willie Herenton and now under tinuing philosophical deadlock between a council member is different. 72 times. Mayor A C Wharton Jr. council members who favor such alterna- “Prior to 2007 I was able to watch what Ford is about to begin a yearlong term “If you take the contractual respon- tive plans and those on the council who council members did on a regular basis. as chairman of the Memphis City Council sibilities out, we have very similar civic have said they can’t support tax hikes to But I didn’t have that tangible outlet to after serving as council vice chairman in responsibilities to the people that we rep- fund the city budget but also cannot sup- constituents like my father did,” he said. 2012. He succeeds council member Bill resent,” Ford said of differences between port cuts in the city budget. “Being in the position with the hands-on Morrison in a post that traditionally rotates the mayor and current council. “There Ford has reappointed Jim Strickland as experience made a complete difference. among council members for a year at a are some things through our checks-and- budget committee chairman, always a key It gave me a different yet better perspec- time. Ford sat in for Morrison a few times balances system that we’re not able to go committee assignment. Ford said he chose tive on what the position entails and its as chairman. to another boundary with. But we do share Strickland because he has “showed impec- responsibilities.” YOURYOUR TRUSTEDTRUSTED RESOURCERESOURCE FORFOR REALREAL ESTATEESTATE

Accurate and unbiased data you can trust. » Over 40 Market Trend Reports Published Monthly » Exclusive Foreclosure Analysis » New Housing Market Analysis » Mortgage Trends & Lender Analysis » Professional Report Formats for Listing Appointments » Commercial Property Sale Searches » Customized Marketing Lists » Free Monthly Real Estate Updates with the “Pulse Report” www.chandlerreports.comwww.chandlerreports.com 24 December 28, 2012-January 3, 2013 www.thememphisnews.com

The Christmas Small-Business Spotlight Truce Story Handbag Enthusiasts Flock Why would a group of people who were literally trying to kill each other one day, joyfully celebrate together the very next day? And, can you learn any lessons from these To Katie Kalsi’s Creations people that might help you minimize or deal with conflict in your work environment? erinn figg | Special to The Memphis News On Dec. 24, 1914, on the Western Front of World War I, opposing troops sat in muddy trenches in Belgium. Many he fan comments on Memphis of the necessary handbag designer Katie Kalsi’s ingredients of hu- company Facebook page are man conflict were T effusive, enthusiastic and frequently present: A miser- punctuated with energetic exclamation able physical en- points. vironment, stress, chris cRouch “I love my bag!!!” guns, bullets SMART STUFF “I want a Stella bag!” 4 WORK and the mental- “Just opened my first Katie Kalsi ity on both sides handbag & I love it!” that the opponents were villains, idiots or “The Simone bag is fierce!” inhumane barbarians. German soldiers dug It’s rewarding feedback for Kalsi, into trenches on one side of the battlefield. who recently has seen the most explo- Photo: Lance Murphey British, French and Allied soldiers occupied sive growth in her business since its trenches on the other side. In some cases, Memphis designer Katie Kalsi has been receiving attention for her line of inter- beginnings in 2006, when she launched changeable strap handbags, which recently started being carried in stores. the opposing combatants were less than 100 a distinctive line of handmade Bohemi- yards apart and could hear the murmur of an-style hobo bags with interchange- handbags caught the eye of David Neri, live for about two weeks and sales are each other’s voice. The trenches were wet, able hand-painted leather straps featur- executive vice president and general already coming in, so we’re excited that dirty, cold, crowded and uncomfortable. ing her own artwork. merchandise manager for Belk depart- people are responding to it.” It was Christmas Eve and both sides “The first boutique to carry them ment store, a Charlotte, N.C.-based In addition to its new online store, received holiday packages from their respec- was Lola’s in Germantown, and the chain of more than 300 stores, mostly in the site also features Kalsi’s blog, a tive homelands. Among the other items, response was amazing,” said Kalsi, a the South. photo gallery showcasing some of her soldiers on the German side received small lifelong artist who kicked off her career The company placed an initial order celebrity customers and a list of retail Christmas trees and candles. These candles selling her contemporary paintings for 4,000 bags and in March introduced locations throughout the South. and small trees ultimately triggered a chain of at festivals and art shows, followed by the Katie Kalsi line, which included a Kalsi has come a long way since her events that within a few hours turned one of a successful stint in jewelry design. variety of bags with Kalsi’s signature in- early days of handcrafting small batches the ultimate forms of aggressive behavior – “The store ran an advance ad and they terchangeable straps as well as higher- of bags and giving them away to friends warfare – into peaceful cooperation. sold out before the bags even hit the end crossbody and satchel styles in and family members. As night began to fall, a few German sol- shelves.” snake leather. In one day, Belk sold 120 Her journey has taken her from diers placed small trees with lighted candles She eventually expanded to other of Kalsi’s purses, and within a month, experimenting with scraps from Tandy along the leading edge of their trench. Soon boutiques and quickly developed a cult several colors had sold out. Leather and hinges from Lowe’s to afterwards, the Germans began singing car- following of handbag aficionados, art The handbags, which currently overseeing production factories in El ols. The British didn’t understand the words, enthusiasts and celebrity customers range from about $200 to $500, receive Paso, Texas, and managing a local team but they knew the tunes and began singling such as Britney Spears, Pat Benatar and rave reviews from Belk’s customers, who of about 15 people who paint Kalsi’s along with the Germans. Suddenly signs LeAnn Rimes. The years that followed, express their appreciation for the bags’ designs on the straps. The straps are began popping up on the German side say- however, were challenging at times, Kal- quality, design and regional roots in eclectic, colorful and abstract, with a ing, “You no fight – We no fight.” The British si said. She has two daughters, Sophie, feedback they leave on the store’s web- variety of patterns and styles created to eventually reciprocated by holding up signs 9, and Sadie, 4, after whom two of her site. Belk executives say Kalsi’s purses reflect a variety of women. that said, “Merry Christmas.” As more signs best-selling bags are named. For a brief are selling just as well, if not better, than “My bag is a happy bag, and for the popped up, communication between the two period of time it was difficult juggling some top-name handbag designers. woman who buys it, it’s meant to be an sides escalated and hostility de-escalated. An motherhood with made-to-order bou- Now, Kalsi hopes to reach a world- artistic expression of her personality,” agreement was reached between the sides. tique shipments, she said, so she took a wide audience on her newly revamped said Kalsi, who names Wassily Kandin- There would be no hostility for the rest of the break for about a year-and-a-half, later website, katiekalsi.com, which debuted sky, Andy Warhol and Norman Rockwell night and none on Christmas Day. returning to the business when she real- in late November. as just a few of the artists who inspire ized she missed it. “Belk only carries a limited selec- her. Soldiers from both sides began coming Her transformation from boutique tion, so we wanted a place where we Next on Kalsi’s agenda is expanding out of their respective trenches into no-man’s best-seller to department store sensa- could offer our customers more variety,” her brand to include bedding, jewelry land. In a short time, the former enemies tion began in August 2011, when her she said. “The new site has only been and other lifestyle products. were greeting each other, exchanging gifts. They shared family photos, dined together and played soccer all up and down the former battlefield. These shared activities temporar- ily defused the tension and the “us versus them” mentality that fueled the former hostil- ity. Even after the Christmas Truce ended, many of the soldiers in the opposing trenches no longer thought of each other as villains, idiots or inhumane barbarians. And they no longer had a desire to kill each other. What do you think you would have done if you were a soldier in the trenches on Dec. 24, 1914? More importantly, now that you know a little more about what happens when “us versus them” thinking is present or absent, what do you think you should do about such thinking in your workplace? Here’s an idea to think about: Let there be peace at work and let it begin with me! www.thememphisnews.com December 28, 2012-January 3, 2013 25

Newsmakers Top 10 Smart Payne Joins Fulton CPAs as Accountant Marketing

Kate Simone | The Memphis News Trends for 2013

Make it your resolution to execute these Top 10 smart marketing trends in 2013. 1. Visual Storytelling – Thanks to image- Tarasha Payne has joined Fulton CPAs PLLC as a senior accountant in centric sites like Pinterest and Instagram, 2012 the areas of taxation, compilation and reviews and client services. She has became the year of brand visualization. Visual more than 15 years’ experience and is working toward CPA certification. content is now in higher demand than ever before and brands must step up and tell their Hometown: Memphis my strengths in order to assist with story through more than words. continuing serving our clients in the 2. Social Responsibility – As socially Education and work experience: Greater Memphis area, develop my conscious Gen Y generates even greater finan- Bachelor in Accounting, Christian weakness and become a CPA in the cial success, it’s imperative brands help this Brothers University, August 2001. process. My whole reason for returning generation appreciate Senior auditor for Rhea & Ivy PLLC for to public accounting is because I have their social influence eight years; also worked six years as a a passion to serve people. I love what I as a strategic priority controller in manufacturing, with the do, and I pride myself on doing it right. in 2013. last three years at Fisher & Arnold Inc. I will go to no end for our clients. My all- 3. Actionable time goal is to complete what I started Data – With improved Family: Married for 17 years to Keith at Rhea & Ivy PLLC and complete my payne technology came Payne of Memphis; two daughters, certification to become a CPA. significantly better Sommer Payne and Jasmine Payne, Dr. Shirley Raines, presi- marketing data in and one son, DeAngelo Leggett. If you could give one piece of advice dent of the University of Mem- Lori turner- 2012. The key in 2013 wilson to young people, what would it be? phis, has received the Woman guerrilla sales is determining how to What attracted you to Fulton CPAs? My advice to young people would be of Achievement Award from and marketing make this data action- My mentor and long-time friend, Lynn to not sit and wait on life to give you Women in Higher Education able. Fulton. Lynn has mentored me from something. Set goals and expectations in Tennessee. Recipients are 4. Focused Content – 2012 was the year the age of 19. When I decided I was and don’t stop until you have suc- nominated by female students, of content marketing with brands realizing the ready to enter the public accounting ceeded. No matter how small or how faculty, staff or alumnae of Ten- important role it plays in influencing purchase world again I reached out to Lynn with big your goal is, it is yours and it is what nessee institutions of higher decisions and driving search traffic. However, my intentions, and the rest is history. will make you successful. Respect oth- education. content strategies had little focus and lacked ers and have ethical values. Don’t be strategy. Set clear objectives in 2013 to realize What are your goals in your new a leaf blowing in the wind without no The Greater Memphis the true power of content marketing. position? My goal is to capitalize on sense of direction. Chamber has elected its 2012 5. QR Codes – Last year, I predicted Quick board members. Those with Response (QR) codes would take off in a big- terms through Dec. 31, 2015, ger way in the U.S. than they actually have, include: Lodie Biggs, Doug though they are a dominant communication Browne, Brad Cannon, Wei tool in many other countries. QR codes are Chen, Bill Griffin, Carolyn square bar codes smartphone users scan to Hardy, Bruce Hopkins, Odell be taken directly to a targeted Web page. This Horton and Tina Newman. year, I expect U.S. brands to fully embrace this THE COMMUNITY Those serving year to year, rep- technology. resenting economic and com- 6. Mobile Payments – Mobile is the next munity development organiza- frontier, and in 2013, consumers and brands tions, are: Steve Bares, Martha alike will embrace their mobile devices as Perine Beard, Greg Campbell, ecommerce platforms. Mobile wallet providers, Jerry Collins, Natasha Don- OF which store credit card information for easy erson, Desi Franklin, Kevin VOICE payment, are gaining traction. It goes without Kane, Dorothy Pugh, Jack saying that if your site isn’t mobile friendly, Soden, Blair Taylor, Roby Wil- you’ll want to tackle that quickly. liams and Luke Yancy. 7. Social Commerce – Consumers have more access to more information about their MEMPHIS James R. Mulroy II, manag- friends’ purchase decisions than ever before, ing partner of Jackson Lewis thanks to social media. Happy customers can MEMPHIS THIS MORNING LLP’s Memphis office, has been named to the Tennessee Super easily tell thousands with their likes, tweets with CHRIS WADE Lawyers list and recognized as and reviews. Capitalizing on social influence as Monday – Friday 6:00 am – 8:00 am one of the top 100 lawyers in a way to build your brand will be a key strategy for winning brands in 2013. LISTEN LIVE the state. In addition, Jackson Start your day right with Chris Wade! He has you covered from kwam990.com Lewis partner James H. Stock 8. Repurposed Content – When writing traffic on the 9's, weather from Channel 3's Todd Demers, all has been named to the Tennes- copy this year, consider the various places in the way to the latest local and national news from CBS....Plus, see Super Lawyers list. which you can share it – website, blog, Face- good news from "Inside Memphis", Market Watch, Consumer book, Twitter, LinkedIn or your email newslet- Reports, Charles Osgood, and more! On air, on line, and on Dr. Frederick A. Boop, Dr. ter. Write adaptable, modular copy that can be target with Memphis. Kevin T. Foley and Dr. Jon H. used across all platforms to avoid redundancy. Robertson of Semmes-Mur- 9. Spreading Happiness – Partly in phey Clinic in Memphis have response to a long-struggling economy, many been named to U.S. News & brands found their “happy place” in 2012, World Report’s 2012 Top Doc- with this trend likely to continue into 2013. tors list. What can your brand do to bring happiness to consumers? Dr. Charles Mullighan, a 10. App Attack – About 80 percent of St. Jude Children’s Research smartphone users spend time using mobile Hospital associate member, has apps. If you can build a useful app around your been awarded the 2012 Meyen- product or service offering, now’s the time to OWN YOUR OWN SHOW burg Cancer Research Award develop it, as that percentage is going nowhere Have a passion & want to share it with the Mid-South? from the Meyenburg Founda- but up in 2013. Call us @ 901.261.4200 ext. 228. tion in Germany. 26 December 28, 2012-January 3, 2013 www.thememphisnews.com

EDUCATION Education Leaders Discuss Changes

BILL DRIES | The Memphis News The presidents of Christian Brothers is in an “incredible time of change and College does not dumb down the curricu- University, Rhodes College and LeMoyne- transition” lum.” Owen College were joined on the BRIDG- “There’s a sense of affordability,” he Smarrelli puts the average debt range ES Inc. panel this month by top admin- said. “That’s one of the largest challenges per student of the five Memphis institu- eaders of the city’s five higher istrators from the University of Memphis we face: How do parents afford a private tions at approximately $20,000, which education institutions say they are and Southwest Tennessee Community school or a public school education for compares favorably to the national L all grappling with the issue of rel- College for the latest “Justice Forum Lun- their sons and daughters? Where are the average of $26,600 for the class of 2011, evance in a changing world and economy cheon” sponsored by the youth leadership resources that they can come up with?” as calculated by an October study of the as they compete for students with mis- organization. Several of the leaders said despite a Institute for College Access and Success. sions that make them different from one CBU president John Smarrelli said all very real competition for students, the The same report showed 2011 college another. of post-secondary education in the U.S. higher education environment in Mem- graduates faced an unemployment rate phis is not as “cutthroat” as it is in other of 8.8 percent compared to a 19.1 percent places. rate for those with only a high school Rhodes College president Bill Troutt diploma. leads a small private liberal arts college “Convincing the public that there is a that recruits and attracts students nation- value to higher education, that there is a happenings ally. Rhodes is one of only five or six such return on investment from higher educa- colleges based in a city or a large urban tion – that’s something that doesn’t seem area. to come out of our society as much as I The 54th AutoZone Liberty Bowl LeMoyne-Owen College president would like to see it happen,” Smarrelli said. Johnnie Watson admits his board of trust- Troutt specifically cited the offer of Football Classic, featuring Iowa State ees debates raising entrance requirements $100,000 by Paypal founder Peter Thiel to » for the city’s only historically black college, 24 people under the age of 20 to drop out University vs. University of Tulsa, will be held which is marking its 150th anniversary. of college for two years and start compa- “If you were to ask me what does it nies. Monday, Dec. 31, at 2:30 p.m. at Liberty Bowl take, what are your entrance require- “I just talked a person out of it,” Troutt ments to get into college, I would be just said. “If you are brilliant and you are bril- Memorial Stadium, 335 S. Hollywood St. The as evasive as I was when I was answering liant in a particular technology area and questions when I was superintendent of you come from a wealthy family and you Temptations will perform at halftime. For a list of (Memphis City) schools,” Watson said. are socially connected and you are a white “Historically black colleges have ex- male – maybe. But that’s a terrible disser- bowl week events, visit autozonelibertybowl.org. isted to allow students into our institutions vice to think that you can lift up a micro- that could not get into other institutions. scopic percentage and think that is going … While we do that … LeMoyne-Owen to be a ticket for you.”

» Community the WKNO studios, 7151 Cherry Farms Road. The event will include a screening of the first The Peabody will hold its annual New Year’s hour of the new season and refreshments Eve party Monday, Dec. 31, from 9 p.m. to 3 donated by John’s Pantry. Tickets are free, a.m. at the hotel, 149 Union Ave. Entertain- but seating is limited. Visit wkno.org or call ment includes Lord T & Eloise, Seeing Red and 458-2521. DJ Mark Anderson. Cost is $45. Tickets to the VIP lounge are $150. Visit peabodymemphis. com or call 529-4000.

Celtic Crossing will hold its second annual New Year’s Eve Midnight Masquerade Monday, » the arts Dec. 31, from 10 p.m. to 3 a.m. at the restau- The South Main Art Trolley Tour will be held rant, 903 S. Cooper St. General admission Friday, Dec. 28, from 6 p.m. to 9 p.m. in the is $5 at the door. The restaurant will also South Main Historic Arts District. Email info@ offer two packages with guaranteed seating, southmainmemphis.net. champagne and food, and a donation to the Humane Society of Memphis & Shelby County. Leadership Memphis’ Gallery 363 will host Call 274-5151 for prices and reservations. an opening for nature photography by Dr. David Sloas Friday, Dec. 28, from 6 p.m. to Flying Saucer will hold New Year’s Eve par- 8:30 p.m. at the gallery, 363 S. Main St. Visit ties at its Memphis and Cordova locations allenprojects.com. Monday, Dec. 31, at 7 p.m. Kings of the Delta will perform at the Memphis location, 130 The Circuit Playhouse will present “Ken Peabody Place; cost is $10 for UFO Club Ludwig’s ’Twas the Night Before Christmas” members and $15 for nonmembers. Call 523- through Dec. 30 at Circuit, 51 S. Cooper St. 8536. The Impeccable Miscreants will perform Visit playhouseonthesquare.org for times and at the Cordova location, 1400 N. Germantown tickets. Parkway; cost is free for UFO members and $5 for nonmembers. Call 755-5530. Playhouse on the Square will present “Annie” through Dec. 30 at Playhouse, 66 S. Cooper Shelby County Trustee David Lenoir and St. Visit playhouseonthesquare.org for times Chandler Reports will hold the third Real Es- and tickets. tate Road Show, a seminar about the growing portfolio of county-owned properties and how Germantown Performing Arts Centre will to buy them at tax sale, Thursday, Jan. 3, at 3 host Laura Schriner’s “Southern Impressions” p.m. in the conference room at The Memphis art exhibit at GPAC, 1801 Exeter Road, through Leadership Foundation, 1548 Poplar Ave. Jan. 4 in the GPAC lobby. It will also host “The R.S.V.P. to csheffield@shelbycountytrustee. Art of Dance: Tripping the Light Fantastic in com or 432-4884. Oils and Photographic Imagery” through Jan. 4. Visit gpacweb.com. The Booksellers at Laurelwood will host a discussion and signing by Butch Odom, POTS@TheWorks will present “The Left Hand author of “Have a Blessed Day: A Year of Daily Singing” Friday, Jan. 4, through Jan 27 at Devotionals from the Church Health Center,” TheatreWorks, 2085 Monroe Ave. Visit play- Thursday, Jan. 3, at 6 p.m. at the bookstore, houseonthesquare.org for times and tickets. 387 Perkins Road Extended. Visit thebooksell- ersatlaurelwood.com. Gallery Ten Ninety One will hosts the exhibit “A Minute and a Half of Summer: Ninety Min- WKNO-TV will host Downton Abbey Tea for iatures by Mary Norman,” at the gallery, 7151 Three to celebrate the show’s season three Cherry Farms Road in WKNO Digital Media launch Saturday, Jan. 5, at 3 p.m. and 6 p.m. at Center, through Jan. 17. Call 458-2521. www.thememphisnews.com December 28, 2012-January 3, 2013 27

Week of 12/17/12 - 12/23/12

crosswords The Weekly

Crossword Edited by Margie E. Burke The Weekly Crossword by Margie E. Burke ACROSS 123456 7 8 9 10 11 12 1 Magician's word 13 14 15 7 Teases playfully 13 Finish on top 16 17

14 Bar fixture? 18 19 20 21 16 Bookstore section 22 23 24 25

17 Bahrain or Dubai 26 27 28 29 18 Positive end 19 Back of the boat 30 31 32 33

21 Waterwheel 34 35 22 Stem joint 23 Radio station 36 37 38 39 40 41 42

sign 43 44 45 46 25 Audition for a part 47 48 49 50

26 Word before 51 52 53 54 card or stick 27 First or second, 55 56 57 58 e.g. 59 60 29 Colorado native 30 Darkroom 61 62 apparatus Copyright 2012 by The Puzzle Syndicate 32 Nursery need 34 When repeated, 62 Long-haired 31 Pub pint 42 Stitches over title of a Jim 33 Nile viper 45 Wall Street Carrey movie DOWN 35 Remiss worker 35 Have ___ on 1 You or me 36 Northwest 48 Hefty wrestlers (claim) 2 Update, as a Indian 50 Pachyderm 36 Nonessential kitchen 37 "Blue Hawaii" projections organ 3 Give the slip to star 52 Cast forth 39 Nerve ending 4 Of sound mind 38 Free time 54 "Well done!" in 43 You-here link 5 Quirky behavior 39 Film spool Italy 44 Word for word 6 Poisonous 40 Starts getting 56 NY to RI 46 Poetic "before" flowering plant molars direction 47 Kauai 7 Stupid person 41 Elocution 58 Aries or Taurus keepsakes 8 Garment border Answer to Last Week's Crossword 49 Angler's basket 9 Opposed to, 50 Pekoe and hillbilly-style COCA AFRO S T R AW oolong 10 Uproar ANON PEEN PHONE 51 Debate topic 11 Recurrence of DENT REDECORATE 53 The whole nine an old problem ROT GI LD HOODED yards 12 Fill to excess ENROL L EE EKE 54 Montana mining 13 Derby winner's OVA READY ROW city strut I L LUSE RID MEMO 55 Associated with 15 Library patron NUL LSET MANAGER riffraff 20 Event for FLEE LIP RODENT 57 Skating Weekexhibitors of 12/17/12OLD - 12/23/12SLA I N MAN exhibition 23 Like some LEI L I GAMENT 59 Leading lady vegetables SHR I NK LAUD RYE 60 Mouth sores 24 Groundbreaking COUNTERACT BALM 61 Prefix with day 27 Bay window AMBER EG I S ATOP or year 28 Defamatory text BEERY DENY RENT

Sudoku Edited by Margie E. Burke  Edited by Margie E. Burke Difficulty : Easy HOWHOW TO TO SOLVE: PLAY Each row must contain the  numbers 1 to 9; each column must contain the numbers 1   to 9; and each set of 3 by 3 boxes must contain the  numbers 1 to 9.    Answer to Last Week's Sudoku                                     Copyright 2012 by The Puzzle Syndicate  28 December 28, 2012-January 3, 2013 www.thememphisnews.com 28 December 28, 2012-January 3, 2013 www.thememphisnews.com

public notices

Foreclosure Notices any statutory rights of redemption of any been declared due and payable; and DATED December 11, 2012 margin of Sunnyside Drive following governmental agency, state or federal; that an agent of Wilson & Associates, WILSON & ASSOCIATES, P.L.L.C., a curve (Radius of 475 feet) to the Madison County any prior liens or encumbrances as well P.L.L.C., as Successor Trustee, by virtue Successor Trustee right a distance of 107 feet to an iron as any priority created by a fixture fil- of the power, duty, and authority vested FOR SALE INFORMATION, VISIT WWW. pin at the Southwest corner of Lot 26; ing; and to any matter that an accurate in and imposed upon said Successor MYFIR.COM and WWW.REALTYTRAC. thence with the South line of Lot 24 NOTICE OF TRUSTEE’S SALE survey of the premises might disclose. Trustee will, on January 10, 2013 on COM South 62 degrees 30 minutes East a WHEREAS, default has occurred in the In addition, the following parties may or about 11:00 A.M., at the Madison Dec. 14, 21, 28, 2012 Fhn11401 distance of 223 feet to a post on the performance of the covenants, terms, claim an interest in the above-referenced County Courthouse, Jackson, Tennes‑ West line of Lot 23; thence with the and conditions of a Deed of Trust Note property: Issac H. Brooks Jr.; AmSouth see, offer for sale certain property here- NOTICE OF TRUSTEE’S SALE West line of Lot 23 South 45 degrees dated March 29, 2006, and the Deed of Bank; Ethel Marie Brooks; Bancorp‑ inafter described to the highest bidder WHEREAS, default has occurred in the 00 minutes West a distance of 70 Trust of even date securing the same, South dba Credit Card Center; FIA Card FOR CASH, free from the statutory right performance of the covenants, terms, feet to a post at the Northeast cor‑ recorded April 3, 2006, at Book T1748, Services, NA; Capital One Bank (USA), of redemption, homestead, dower, and and conditions of a Deed of Trust Note ner of Lot 24; thence with the North Page 525 in Office of the Register of NA; AmSouth Bank; Portfolio Recovery all other exemptions which are expressly dated November 23, 2005, and the line of Lot 234 North 74 degrees 30 Deeds for Madison County, Tennessee, Associates LLC waived in the Deed of Trust, said property Deed of Trust of even date securing the minutes West a distance of 197 feet executed by Issac H. Brooks, Jr. and The sale held pursuant to this Notice being real estate situated in Madison same, recorded November 30, 2005, at to the point of beginning. Being Lot Ethel Marie Brooks, conveying certain may be rescinded at the Successor County, Tennessee, and being more Book T1721, Page 461 in Office of the 25, Section I, Oakmont Development, property therein described to FMLS, Trustee’s option at any time. The right particularly described as follows: Register of Deeds for Madison County, platted as aforesaid. Inc. Davidson County as Trustee for is reserved to adjourn the day of the Land lying and being in Madison Tennessee, executed by Larry M. Blair ALSO KNOWN AS: 196 Sunnyside AmSouth Bank; and the undersigned, sale to another day, time, and place County, Tennessee, and being more and Dorothy M. Blair, conveying certain Drive, Jackson, Tennessee 38301‑ Wilson & Associates, P.L.L.C., having certain without further publication, upon particularly described as follows, property therein described to Creative 3338 been appointed Successor Trustee. announcement at the time and place to‑wit: Title as Trustee for Home 123 Corpo- The HB 3588 letter was mailed to NOW, THEREFORE, notice is hereby for the sale set forth above. W&A No. Being Lot Number Two Hundred ration; and the undersigned, Wilson the borrower(s) pursuant to Tennessee given that the entire indebtedness has 700‑203098 Twelve (212), Phase II of Cedarbrook & Associates, P.L.L.C., having been Code Annotated 35-5-117. This sale is been declared due and payable; and DATED December 4, 2012 Farms Subdivision, a plat of which appointed Successor Trustee. subject to all matters shown on any ap- that an agent of Wilson & Associates, WILSON & ASSOCIATES, P.L.L.C., appears of record in Plat Book 10 at NOW, THEREFORE, notice is hereby plicable recorded plat; any unpaid taxes; P.L.L.C., as Successor Trustee, by virtue Successor Trustee Page 443‑444 in the Register’s Office given that the entire indebtedness has any restrictive covenants, easements, or of the power, duty, and authority vested FOR SALE INFORMATION, VISIT WWW. of Madison County, Tennessee. been declared due and payable; and setback lines that may be applicable; any in and imposed upon said Successor MYFIR.COM and WWW.REALTYTRAC. ALSO KNOWN AS: 16 Grove Hill Lane, that an agent of Wilson & Associates, statutory rights of redemption of any gov- Trustee will, on January 10, 2013 on COM Jackson, Tennessee 38305‑1885 P.L.L.C., as Successor Trustee, by virtue ernmental agency, state or federal; any or about 11:00 A.M., at the Madison Dec. 14, 21, 28, 2012 Fhn11400 The HB 3588 letter was mailed to of the power, duty, and authority vested prior liens or encumbrances as well as County Courthouse, Jackson, Tennes‑ the borrower(s) pursuant to Tennessee in and imposed upon said Successor any priority created by a fixture filing; and see, offer for sale certain property here- NOTICE OF TRUSTEE’S SALE Code Annotated 35-5-117. This sale is Trustee will, on January 17, 2013 on to any matter that an accurate survey of inafter described to the highest bidder WHEREAS, default has occurred subject to all matters shown on any ap- or about 11:00 A.M., at the Madison the premises might disclose. In addition, FOR CASH, free from the statutory right in the performance of the covenants, plicable recorded plat; any unpaid taxes; County Courthouse, Jackson, Tennes‑ the following parties may claim an inter- of redemption, homestead, dower, and terms, and conditions of a Deed of any restrictive covenants, easements, or see, offer for sale certain property here- est in the above-referenced property: all other exemptions which are expressly Trust Note dated July 17, 2008, and setback lines that may be applicable; any inafter described to the highest bidder Larry M. Blair; Dorothy M. Blair waived in the Deed of Trust, said property the Deed of Trust of even date securing statutory rights of redemption of any gov- FOR CASH, free from the statutory right The sale held pursuant to this Notice being real estate situated in Madison the same, recorded July 18, 2008, at ernmental agency, state or federal; any of redemption, homestead, dower, and may be rescinded at the Successor County, Tennessee, and being more Book T1838, Page 11 in Office of the prior liens or encumbrances as well as all other exemptions which are expressly Trustee’s option at any time. The right particularly described as follows: Register of Deeds for Madison County, any priority created by a fixture filing; and waived in the Deed of Trust, said property is reserved to adjourn the day of the Being Lot Number 50 of The Fairways, Tennessee, executed by Blair E. Rauchle to any matter that an accurate survey of being real estate situated in Madison sale to another day, time, and place a plat of which appears of record in and Skyler Rauchle, conveying certain the premises might disclose. In addition, County, Tennessee, and being more certain without further publication, upon Plat Book 6, Page 78 in the Reg‑ property therein described to Andrew the following parties may claim an inter- particularly described as follows: announcement at the time and place ister’s Office of Madison County, D. Pierotti as Trustee for Mortgage est in the above-referenced property: Lying and being in the Fifth Civil for the sale set forth above. W&A No. Tennessee. Electronic Registration Systems Inc. a Blair E. Rauchle; Skyler Rauchle District, Madison County, Tennes‑ 1286‑217819 ALSO KNOWN AS: 107 Southwind seperate corporation acting soley as a The sale held pursuant to this Notice see, and more particularly described DATED December 17, 2012 Drive, Jackson, Tennessee 38305 nominee for Commercial Bank & Trust may be rescinded at the Successor as follows: WILSON & ASSOCIATES, P.L.L.C., The HB 3588 letter was mailed to Company and Commercial Bank & Trust Trustee’s option at any time. The right Beginning at an iron pin on the East Successor Trustee the borrower(s) pursuant to Tennessee Company’s Successors and Assigns; is reserved to adjourn the day of the margin of Sunnyside Drive at the FOR SALE INFORMATION, VISIT WWW. Code Annotated 35-5-117. This sale is and the undersigned, Wilson & Associ- sale to another day, time, and place Northwest corner of Lot 24, Section MYFIR.COM and WWW.REALTYTRAC. subject to all matters shown on any ap- ates, P.L.L.C., having been appointed certain without further publication, upon I, Oakmont Development, as recorded COM plicable recorded plat; any unpaid taxes; Successor Trustee. announcement at the time and place in Plat Book 2, Page 12, in the Reg‑ Dec. 21, 28, 2012 Jan. 4, 2013 Fhn11403 any restrictive covenants, easements, or NOW, THEREFORE, notice is hereby for the sale set forth above. W&A No. ister’s Office of Madison County, setback lines that may be applicable; given that the entire indebtedness has 1286‑228102 Tennessee; thence with the East www.thememphisnews.com December 28, 2012-January 3, 2013 29

publicpublic noticesnotices

Dec. 29, 2012 Mhn11406 located at: Related Info Misc. Notices 7301 Winchester Rd. NOTICE OF PUBLIC SALE OF Memphis, TN 38125 PUBLIC NOTICE Shelby County PERSONAL PROPERTY (901) 759‑1736 NOTICE IS HEREBY GIVEN THAT THE Also read our daily edition, The Daily Notice is hereby given that the under- The personal goods stored therein by UNDERSIGNED WILL SELL, TO SAT- News, in print or online every business signed will sell, to satisfy lien of the the following may include, but are not ISFY LIEN OF THE OWNER, AT PUBLIC day for public notices for Memphis & NOTICE OF SALE owner, at public sale by competitive limited to general household, furniture, SALE BY COMPETITIVE BIDDING ON Shelby County. PODS of Memphis, LLC hereby publishes bidding on January 8, 2013 at 11:15 boxes, clothes, and appliances. JANUARY 9TH, 2013 AT 11:30 AM. AT Go to www.memphisdailynews.com or notice, as required Tennessee Self- A.M at the Extra Space Storage facility UNIT #3 JACQUELINE C. COLLINS, UNIT THE EXTRA SPACE STORAGE FACILITY call 683.NEWS for more information. Service Storage Facility Act (TN Stat. located at: #18 GABRIEL BELL, UNIT #219/220 LOCATED AT: 8000 AUTUMN CREEK 66-31-101- 66-31-107) of a public sale 4805 SUMMER AVE TRAVIS CHAFFEN, UNIT #301 DORIS- DR., CORDOVA, TN 38016, 901-759- of the property listed below to satisfy a MEMPHIS, TN 38122 STEEN SMITH, UNIT #387 LEANETRA 5691. THE PERSONAL GOODS STORED landlords lien. All sales are for cash to 901‑682‑1746 ANDREWS, UNIT #407 DESONIA AL- THEREIN BY THE FOLLOWING MAY the highest bidder and are considered The personal goods stored therein by EXANDER INCLUDE, BUT ARE NOT LIMITED TO final PODS of Memphis, LLC reserves the the following may include, but are not Purchases must be made with cash only GENERAL HOUSEHOLD, FURNITURE, right to reject any bids Auction is to be lo- limited to general household, furniture, and paid at the time of sale. All goods BOXES, CLOTHES AND APPLIANCES. AND MUST BE REMOVED AT THE TIME cated at: 3409 Democrat Road Memphis boxes, clothes, and appliances. WENDY are sold as is and must be removed at THE PROPERTY OF: DEBORAH SWATLEY OF PURCHASE. EXTRA SPACE STORAGE TN 38118 and will be held Wednesday, JOHNSON #72; CARL CANNON #213; the time of purchase. Extra Space Stor- 378, KAREN PERKINS 312, RHONDA RESERVES THE RIGHT TO BID. SALE IS January 9, 2013 at 2:00 PM. ALLIE CASTEEL #315; WILLIE JOHNSON age reserves the right to refuse any bid. STANLEY 208, YOLANDA PARKS 149, SUBJECT TO ADJOURNMENT. CUSTOMER CONTAINER# Boswell, Den- #209 Sale is subject to adjournment. LADEIA THOMAS 369, ANIBAL ADDESSE Dec. 30, 2013 Mhn11413 nis 152A33 Jackson, Torey 412B33 CYNTHIA LAWSON #41; BRANDON Dec. 29, 2012 Mhn11414 87. PURCHASES MUST BE MADE WITH James, Gregory 387B33 Meucci, Cath- CROSS #114 CASH ONLY AND PAID AT THE TIME NOTICE OF PUBLIC SALE OF erine 8117B72 Summers, Brenetta Purchases must be made with cash only NOTICE OF PUBLIC SALE OF OF SALE. ALL GOODS ARE SOLD AS IS PERSONAL PROPERTY 68B33 Sutton, Nicole 462B52, 300B33, and paid at the time of sale. All goods PERSONAL PROPERTY AND MUST BE REMOVED AT THE TIME Notice is hereby given that the under- 8074B118, 440B33, 4204BX are sold as is and must be removed at Notice is hereby given that the under- OF PURCHASE. EXTRA SPACE STORAGE signed will sell, to satisfy lien of the Contents include but not limited to: the time of purchase. Extra Space Stor- signed will sell, to satisfy lien of the RESERVES THE RIGHT TO BID. SALE IS owner, at public sale by competitive Household items, books, exercise equip- age reserves the right to refuse any bid. owner, at public sale by competitive SUBJECT TO ADJOURNMENT. bidding on Jan 9th, 2013 at 11:45 ment, stereo equipment and more. Sale is subject to adjournment. bidding on January 08, 2013 at 9:30 Dec. 30, 2012 Mhn11407 AM at the Extra Space Storage facility Dec. 29, 2012 Jan. 5, 2013 Mhn11402 Dec. 29, 2012 Mhn11408 A.M. at the Extra Space Storage facility located at: located at: PUBLIC NOTICE 3175 N Germantown Rd NOTICE OF PUBLIC SALE OF NOTICE OF PUBLIC SALE OF 2625 Mt. Moriah Rd. NOTICE IS HEREBY GIVEN THAT THE Bartlett, TN 38133 PERSONAL PROPERTY PERSONAL PROPERTY Memphis, TN. 38115 UNDERSIGNED WILL SELL, TO SATISFY 901-386-5746 FAX 901-386-8094 Notice is hereby given that the under- Notice is hereby given that the under- (901) 794‑1223 LIEN OF THE OWNER, AT PUBLIC SALE BY The personal goods stored therein by signed will sell, to satisfy lien of the signed will sell, to satisfy lien of the The personal goods stored therein by COMPETITIVE BIDDING ON JANUARY 9, the following may include, but are not owner, at public sale by competitive owner, at public sale by competitive the following may include, but are not 2013 AT 10:00 AM AT THE EXTRA SPACE limited to general household, furniture, bidding on January 8, 2013 at 11:00 bidding on JANUARY 8, 2013 at 9:45 limited to general household, furniture, STORAGE FACILITY LOCATED AT: 2855 boxes, clothes, and appliances. AM at the Extra Space Storage facility am at the Extra Space Storage facility boxes, clothes, and appliances. N. HOUSTON LEVEE RD. CORDOVA TN M479 Sarena Winton, M508 Marie located at: 5675 Summer Ave Memphis located at: Ashley Heard #787, Evan Taylor #650, 38016 901-372-9522. Ryan, M452 Thomas Napier, G355 TN 38134 901-372-6180 2673 MT MORIAH TERRACE Marion Turner #333, Takita Riley #205, THE PERSONAL GOODS STORED Michael Hall, RV20 Michael Hall, F242 The personal goods stored therein by MEMPHIS, TN 38115 Elizabeth A. Weir #158, Robert Hower‑ THEREIN BY THE FOLLOWING MAY Homecraft, E183 Tonya Gintz. the following may include, but are not 901-362-9360 ton #11, Chiquita Warner #329. INCLUDE, BUT ARE NOT LIMITED TO Purchases must be made with cash only limited to general household, furniture, The personal goods stored therein by Purchases must be made with cash only GENERAL HOUSEHOLD, FURNITURE, and paid at the time of sale. All goods boxes, clothes, and appliances. AMAN- the following may include, but are not and paid at the time of sale. All goods BOXES, CLOTHES AND APPLIANCES. are sold as is and must be removed at DA JOHNSON #B010, ERIC HUGHES limited to general household, furniture, are sold as is and must be removed at #34 BRANDON KEITH, AND #297 KA- the time of purchase. Extra Space Stor- #C033, JASON MILLS #D017, MICHAEL boxes, clothes, and appliances. the time of purchase. Extra Space Stor- TRINA LEWIS. age reserves the right to refuse any bid. OGLESBY #F021. Purchases must be AUDREY PHILLIPS #724, CHARLES age reserves the right to refuse any bid. PURCHASES MUST BE MADE WITH Sale is subject to adjournment. made with cash only and paid at the DOUGLAS #C3407, TEKESHIA KING Sale is subject to adjournment. CASH ONLY AND PAID AT THE TIME Dec. 30, 2012 Mhn11411 time of sale. All goods are sold as is #C3502, MELINDA BENTON #C3503, Dec. 29, 2012 Mhn11415 OF SALE. ALL GOODS ARE SOLD AS IS and must be removed at the time of JAMES WILLIAMS #C3507, LEIGHANN purchase. Extra Space Storage reserves JONES #A7005, ALAN SMITH #A7215, the right to refuse any bid. Sale is subject BRYAN SKIPPER #A7315, JARVETTE to adjournment. MILLER #A7620, CANDACE WALLACE Dec. 29, 2012 Mhn11404 #B8303, NIKQUITA JOHNSON #B8404, KIMBERLY HARDY #B8509, LORINZA NOTICE OF PUBLIC SALE OF MILLER #B8902, CHRISTINA MALLRY PERSONAL PROPERTY #B9105, PATRICIA FOWLER #B9301, Notice is hereby given that the under- KIERA GOODWIN #B9307 signed will sell, to satisfy lien of the Purchases must be made with cash only owner, at public sale by competitive and paid at the time of sale. All goods bidding on 01/08/2013 at 11:30 are sold as is and must be removed at AM at the Extra Space Storage facility the time of purchase. Extra Space Stor- located at: age reserves the right to refuse any bid. 4961 Covington Way Sale is subject to adjournment. reach Memphis, TN 38128 Dec. 29, 2012 Mhn11409 n’t ever 901‑372‑0864 do yb The personal goods stored therein by the PUBLIC NOTICE e od following may include, but are not limited NOTICE IS HEREBY GIVEN THAT W y to general household, furniture, boxes, THE UNDERSIGNED WILL SELL, clothes, and appliances. #002 Jerrica TO SATISFY LIEN OF THE OWNER, McLauren, #008 Laverne Cotton, #051 AT PUBLIC SALE BY COMPETITIVE Shannon Russell, #326 Deborah Rhyne, BIDDING ON January 8, 2013 AT 11:45 #335 Steve Hedstrom, #423 Vester PM AT THE EXTRA SPACE STORAGE Tonya, #510 Daryl R. Powers. FACILITY LOCATED AT: Purchases must be made with cash only 4994 RALEIGH-LAGRANGE and paid at the time of sale. All goods MEMPHIS, TN. 38128 are sold as is and must be removed at 901-388-9272 the time of purchase. Extra Space Stor- THE PERSONAL GOODS STORED age reserves the right to refuse any bid. THEREIN BY THE FOLLOWING MAY Sale is subject to adjournment. INCLUDE, BUT ARE NOT LIMITED Dec. 29, 2012 Mhn11405 TO GENERAL HOUSEHOLD, FUR- NITURE, BOXES, CLOTHES, AND NOTICE OF PUBLIC SALE OF APPLIANCES. PERSONAL PROPERTY A004C ALICIA L HALL, B038 DOUG- Notice is hereby given that the under- LAS ISOM, B046 MARIO JOHNSON, signed will sell, to satisfy lien of the B052 CHAD RODGERS, D003-04 owner, at public sale by competitive LISA DOWDY, D005 DEBBIE YOUNG, bidding on January 08, 2013 at 10:30 D007L ARNESHEA DAVIS, E012 VAL- Just a whole lot of somebodies. AM at the Extra Space Storage facility ERIE MARSHALL, E014 KRISTEN located at: BOGARD, E034 LATORA WARD, F035 7222 Riverdale Bend JOHN FALKNER, F037 AMBER JACK- We think you’ll agree – there’s not a more Memphis, TN 38125 SON, G023 MYRON FLEMING. powerful advertising vehicle for reaching (901) 751‑2824 PURCHASES MUST BE MADE WITH The personal goods stored therein by CASH ONLY AND PAID AT THE TIME the city’s professional community. the following may include, but are not OF SALE. ALL GOODS ARE SOLD limited to general household, furniture, AS IS AND MUST BE REMOVED AT boxes, clothes, and appliances. THE TIME OF PURCHASE. EXTRA #281 Takesha Waters, #323 Phyllis SPACE STORAGE RESERVES THE Adams Rogers, #471 Magratun Wil- RIGHT TO BID. SALE IS SUBJECT liams, #500 Robert Joesph, #608 Vicki TO ADJOURNMENT. Hamilton, #634 Jarvis Jones, #RV26 Dec. 29, 2012 Mhn11410 Denise Jackson Parts only VIN (1FD- KE30G6KHB94736) NOTICE OF PUBLIC SALE OF Purchases must be made with cash only PERSONAL PROPERTY and paid at the time of sale. All goods Notice is hereby given that the under- are sold as is and must be removed at signed will sell, to satisfy lien of the the time of purchase. Extra Space Stor- owner, at public sale by competitive age reserves the right to refuse any bid. bidding on JANUARY 8, 2013 at 10:45 Visit TheMemphisNews.com or call 683.NEWS Sale is subject to adjournment. A.M. at the Extra Space Storage facility 30 December 28, 2012-January 3, 2013 www.thememphisnews.com

opinion

Let’s Unite to Make JIFF Fights Recidivism Last week we shared some help- management, conflict resolution, and 2013 Very Good Year ful holiday safety tips, like locking car how to raise positive kids in a negative doors while pumping gas and hiding world. all belongings BEFORE getting to the JIFF has worked with more than 600 s we mark the transi- And stop leaving locally owned and store. Extending this theme of crime youth and has a number of heartfelt suc- tion from one year to created businesses in the dust when- prevention, let us now highlight a local cess stories, like Jhukuruin Corley, who another, let’s take a step ever a shiny new prospect somewhere organization working with youth from in I recently met. Corley has turned his life back from the timeline else starts shopping for a new address. and around the juvenile justice system around and is now a successful college of events and predic- We have finite public resources for to equip them with the skills student with a full-time job. economic development. That’s why we tions to some ideas and support necessary to Carr and his team exemplify about the basics – our prosperity and need a plan that is a balance of local A break the destructive cycle how a positive force can affect our safety. growth and the attraction of businesses of criminal behavior: Juve- the lives of these youth and, Just after the New Year, executives from elsewhere who hire local. nile Intervention & Faith- in turn, help our community at the Electrolux plant in Frank C. Pid- Once the crime statistics for 2012 Based Follow-Up (JIFF). lower the recidivism rate with geon Industrial Park will offer a sneak are in the books, it looks like we will Founded by the Rev. Rick juvenile offenders. In most peak of their new facility. have a slight increase in crime overall Carr in 2003, JIFF targets cases, JIFF is enjoying rates Construction should start in Febru- for the year. This comes as we have youth ages 12-21 (and their Jeremy Park below 30 percent with its ary on the Bass Pro Shops super store shifted from a short-term strategy to families), who are involved in giving back graduates, which is astound- at The Pyramid with an opening now get a handle on a problem that was out the juvenile justice sys- ing when you consider normal anticipated for later in the year. of control to a longer-term strategy. tem. These youth are primarily repeat percentages exceed 60 percent for these Still to come is another important The current strategy is a realization offenders who are referred from the individuals reoffending within three discussion about how we go about that law enforcement should not give juvenile court for re-entry or diversion- years. seeking such economic development up any turf to crime especially in a city trophies. where the boundaries of where citizens ary intervention services. So, Carr and Helping JIFF with their efforts is easy In 2012, we have made important choose to live is changing. It is also a his team are working with some of our and fun. Start by taking a tour of their strides in the equally important task of realization that we cannot incarcerate city’s youngest criminals and affording center, located at 254 S. Lauderdale St. having the workforce for the jobs that our way to a city that is safer by both them a chance to turn their lives around, It is a remodeled YMCA that has quite come with those trophies. Let’s find statistics and perception. become productive citizens, and flourish, the history with B.B. King recording his the money to keep working on that for- In 2013, we should start to have free from a life of crime. first hit song in their gymnasium. Then, mula that gives economic development the difficult conversations about both JIFF’s program focuses on five key sit down to a gourmet lunch made from a truly local benefit that is tangible parts of that strategy that we have areas of a youth’s life in order to foster an scratch by youth at their culinary school. beyond those who sign the documents stayed away from for too long. We inside-out transition. Focusing on Head, Your meal will be delicious and the and vote on the incentives. made an important first step toward JIFF works on mental health and aca- personal stories from those who pre- Our hope is the discussion about that discussion with the agreement demic ability through various tutoring, pared it will be unforgettable! Consider economic development incentives to between county leaders and the U.S. GED training, assessments and men- volunteering by playing pool, ping-pong, come can be the last one in a series for Justice Department on specific reforms toring. Heart is core to teaching values or basketball with the kids. Or, call one of a while which means it should really to come at Memphis-Shelby County and providing a foundation centered on the kids once a week or send an email of get at what our strategy is – not how Juvenile Court. Christ. Health fosters fitness training to encouragement. Learn more by visiting to add more chairs at a table that is The next steps should come more teach discipline and routine, as well as www.jiffyouth.org or contacting Rick Carr already too crowded and swap process willingly. promote self-image and worth. Hire-abil- at 522-8502 or [email protected]. for progress. These issues of prosperity and ity is taught through their Learn to Earn Jeremy Park, director of the Lipscomb Settle on a plan with parts that safety are more than the drivers of (LTE) program, which offers structured Pitts Breakfast Club, www.lpbreakfast- are achievable in the most direct and events in the year to come. They are vocational classes, like Culinary Arts club.com, can be reached at jeremyp@ simple method possible and work the the essence of our lives together in the Training and Career Readiness. Home lpinsurance.com or followed on Twitter at plan. place we call home. incorporates parents, teaching anger @lpbreakfastclub or @jeremycpark.

Celebration of Horseback Rides With Weddings

BRIDAL PATHS lot called Sevierville and Pigeon Forge. at Grace-St. Luke’s a few years ago and When I was little, I was pretty sure Ahead, we could see the faux bow of what people must have seen in ours at you went to cool weddings by horse- the Titanic plowing through a fake sea Second Presbyterian all those decades back. imperiled by a phony iceberg. Across, a ago. I saw that all they could see at that After all, Roy and Dale were married, fiberglass Kong scaled a scale Empire moment was each other, and the view and they sang “Happy Trails To Us” from MEMPHASIS State Building high above stages where was fine. What makes weddings cool the back of a horse every week. Mom dan conaway Hatfields and McCoys kill each other all has nothing to with Tiffany windows or and Dad were married, and they spent over again every night and all kinds of mountaintops, with hundreds of people the first year of their marriage in Arizona stained hat I saw up on the shelf of their folks pick and grin. in church or a few in a cabin, with ster- riding horses and doing cool-sounding closet, and Mom would pull on those And all along the crawl, there are lots ling silver or plastic kitsch. things like punching cattle, shooting tooled cowboy boots with the white star and lots of places to get pancakes and to It has to do with two people agree- rattlesnakes and smoking Old Golds. on the front I saw down on the floor, and get married. In front of one was a bright ing to share the trail, with all its ups and And there was that trail right down we’d all mount up and ride the bridle neon sign that read, “Horseback Rides downs, and to get wherever they’re go- the middle of the East Parkway median path to somebody’s cool wedding. with Weddings.” ing together. And when you can see that that connected two of the coolest places As I write this, Nora and I are cel- I knew it all along. they just might make it. in my world – the Mid-South Fairgrounds ebrating our 42nd anniversary. As you The next day – in front of just a I’m a Memphian, and it’s been one and Overton Park – that Mom told me read this, our daughter and son-in-law few of us, their dog, and Pastor Buddy helluva ride. was called a bridle path. are celebrating their first. – backed by a gas log fireplace, a flat Dan Conaway is a lifelong Mem- I’d been to weddings, but they were On the way to their wedding, to be screen above the mantel and a bad bear phian, longtime adman and aspiring dress-up Sunday School type things. held way up a mountain above Gatlin- tapestry on the wall – Hallie and Kyle local character in a city known for them. I was pretty sure that sometime soon burg, all the horses under our hood were took their vows. I saw in their faces what Reach him at dan@wakesomebodyup. Dad would put on that great big, sweat- barely moving in an 18-mile parking I saw in our son’s and daughter-in-law’s com. www.thememphisnews.com December 28, 2012-January 3, 2013 31 Why pay for weekly business news when you don’t have to?

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2400 Poplar Bldg CK Coffee Shop Locations Grubb & Ellis 2380 Mt. Pleasant Rd 50 Humphreys Center 2400 Poplar Ave 1698 Poplar Ave 5400 Poplar Ave Lenny's Sub Shop 25 S Belvedere Blvd 88 Union Bldg 3139 Poplar Ave Half Shell 3593 Riverdale 4724 Poplar Ave 88 Union Ave 509 Highland 688 S Mendenhall Main Library Shelby County Court House Arcade 567 Perkins Extended Happy Mexican Restaurant 3030 Poplar Ave 140 Adams 540 S Main Clark Centre 385 S 2nd St Majestic Grill Shell Atrium I 5100 Wheelis Drive Highpoint Grocery 145 S Main 7617 Poplar Ave 6800 Poplar Ave Community Bank 469 Highpoint Terrace McEwen's Shrine Bldg Atrium II 6465 Quail Hollow Huey's 122 Monroe 66 Monroe 6999 Poplar Ave Cordova Country Club 7825 Winchester Memphis Brew Smoothie King Bank of America 7400 Cordova Club Dr 1771 N Germantown Pkwy 3573 Southen Ave 3452 Poplar Ave 6060 Poplar Ave Davis-Kidd 77 S. Second Brinkley Plaza Soul Fish Bank of Bartlett 387 Perkins Extended Jason's Deli 80 Monroe 863 S Cooper 6281 Stage Road Denny's 1199 Ridgeway Road Memphis City Hall Southern Folklore Café BankTennessee 164 Union 585 Chickering Lane 125 N Main 123 S Main 30 N. Second St Eastgate Office Bldg Java Co Memphis Regional Chamber Starbucks Bari Ristorante 5118 Park Ave 3133 Forest Hill Irene 22 N Front, Ste 200 1850 Union 22 S Cooper St Emerge Memphis Kroger Miss Cordelia's Suntrust Bank Bldg Barksdale Restaurant 516 Tennessee St 1366 Poplar Ave 737 Harbor Bend 5350 Poplar Ave 237 Cooper Exxon 300 I-40 Service Rd Office Max 93 Monroe Bartlett Library 252 E Highway 72 2269 Lamar 1460 Union T. J. Mulligan's Locations 5884 Stage 1375 Germantown Pkwy 4270 Summer Ave 7720 Poplar Ave 362 N Main St Bluefin Restaurant 3487 Poplar 540 S Mendenhall Rd On The Border Restaurant 8071 Trinity Road 135 S Main St 4491 Poplar 3444 Plaza Rd 4552 Poplar TGI Friday’s Bluff City Coffee 2905 Kirby 3226 Thomas Otherlands 186 Union 505 S Main 7010 Winchester 2632 Frayser Blvd 641 Cooper The Corkscrew Bogie's Deli 5949 Stage Rd 3545 Austin Peay Pearl's 511 S Front St 2098 LaSalle Place 1369 Sycamore View 8039 Highway 51 N 303 S Main St The Cupboard Bon Ton Café 7616 Poplar 5995 Stage Rd Perkins Restaurants 1400 Union 150 Monroe Ave Falls Bldg 4315 Highway 70 3455 Poplar Ave The Edge Coffee House Bookstar 22 N. Front St 7615 Highway 70 5112 Park 394 N. Watkins 3402 Poplar Ave Fino's 2130 Exeter Rd 1340 S Germantown Pkwy The Little Tea Shop Brother Juniper's 1853 Madison 676 Germantown Rd Pete & Sam's Restaurant 169 Monroe Ave 3519 Walker Avenue First Tennessee Bank 1675 Germantown Rd 3886 Park Avenue Tops BBQ Burke's Book Store 4990 Poplar 9050 Highway 64 Piggly Wiggly 1288 Union Ave 936 S Cooper Flying Saucer 6660 Poplar Ave 729 White Station Trinity Commons Butcher Shop 130 Peabody Place 1230 N Houston Levee 1620 Madison Ave Trinity @ Germantown Pkwy 101 S Front St Fogelman Executive Center 3830 Hickory Hill Pyramid Liquors UT Medical Center Area Café Eclectic 3700 Central Ave 7942 Winchester Rd 120 Auction Ave Ste 101 839 Jefferson Ave 603 N McLean Fox & Hound 2835 Kirby Pkwy Republic Coffee West Street Diner 111 Harbor Town Sq 847 Exocet Dr 3685 Houston Levee 2924 Walnut Grove Rd 2076 West St Café Ole Front Street Deli 240 W Poplar Riverside BP White Station Towers 959 S Cooper 77 S Front St 4770 Riverdale 694 Riverside 5050 Poplar Ave Cartridge World Great Wines 465 Stateline Rd Sekisui YMCA 1603 Union Ave 6150 Poplar Ave 7251 Interstate Blvd 2990 Kirby Whitten Rd 245 Madison Avenue Cheese Cake Corner Guardsmark 7427 Goodman Rd 2130 W Poplar Ave 3548 Walker Avenue 113 G.E. Patterson 22 S. 2nd St 3095 Goodman Rd 1884 N Germantown Pkwy Pick up The Memphis News for FREE. Scan the QR code for a complete list of locations. Download stiQRd - A free QR reader in the Apple App Store 32 December 28, 2012-January 3, 2013 www.thememphisnews.com

JANUARY / 11 – 13 / 2013 AT THE MUSEUM

BRITISH ARROWS AWARDS

THE BRITISH ARE COMING! PREVIEW NIGHT MOD PARTY! The Memphis Brooks Museum of Art goes completely mental with the British Arrows Awards, the best of the UK’s advertising ingenuity selected by top ad execs across the globe. From astounding stunts to hilarious spectacles, this 72-minute celebration of commercial creativity brings sold-out crowds of Anglophiles and advertising buffs to the Brooks year after year.

PREVIEW NIGHT + MOD PARTY FRIDAY, JANUARY 11 SCREENINGS: 7 & 9:30 PM / PARTY 7:30 – 9:30 PM

Attend either screening and gain entrance to our fi rst-ever Mod Party, which will include pints, bites, games, music from Mod Dance Party DJ Matty Pendleton, and more!

- $30 NON-MEMBERS 72 MINUTES OF PURE HILARITY! - $25 FOR BROOKS OR ADFED MEMBERS - $20 EACH FOR BULK PURCHASES OF 30 TICKETS OR MORE

ADDITIONAL SCREENINGS SATURDAY, JANUARY 12 & SUNDAY, JANUARY 13 2 PM EACH DAY

- $8 NON-MEMBERS - $6 FOR BROOKS OR ADFED MEMBERS - $5 EACH FOR BULK PURCHASES OF 30 TICKETS OR MORE

TICKETS: 901.544.6208 BROOKSMUSEUM.ORG FOLLOW US:

BRITISH ARROWS AWARDS TICKETS MAKE THE PERFECT STOCKING STUFFER! Auditorium sound system provided by Ninth Wave Audio / OVERTON PARK Video Design, generously sponsored by The Jeniam Foundation. 1934 POPLAR AVENUE TM MEMPHIS, TN 38104

PREVIEW NIGHT + MOD PARTY TICKETS - $30 NON-MEMBERS - $25 FOR BROOKS OR ADFED MEMBERS - $20 EACH FOR BULK PURCHASES OF 30 TICKETS OR MORE

TICKETS FOR SCREENINGS ONLY - $8 NON-MEMBERS - $6 FOR BROOKS AND ADFED MEMBERS - $5 EACH FOR BULK PURCHASES OF 30 TICKETS OR MORE