July 19-25, 2013, Vol. 6, Issue 30 SEC has plenty New phase for to brag about Central Station Yet again MATA officials are Don Wade checks »reviewing requests in from SEC Media for proposals for the next Days, where he round of redevelopment chronicles the league’s at Central Station, the accomplishments and iconic property in the weighs in on Johnny South Main Historic Football. P. 1 6 Arts District. P. 1 2 Shelby • Fayette • Tipton • Madison • • Change of Scenery Commercial real estate mainstays prepare for transformation P. 1 8

Lance Murphey

suburbs will Home permits form districts flat in Quarter Six suburban towns Building permits were voted to form their the exact same as they own municipal school were for same period districts. • P. 7 in 2012. • P. 2 0

weekly digest: page 2 logistics: page 8 Inked: page 23 LAW TALK: page 26 EDITORIAL: page 34

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The Memphis News | almanac Orion Donates $7,500 to better handle them if they occur. The To Nonprofit Groups seminars are being put on by the Workers’ Compensation Division, the Tennessee Orion Federal Credit Union has since Occupational Safety and Health Admin- July 19-25 the beginning of the year donated more istration and the Tennessee Chamber of This week in Memphis history: than $7,500 and more than 1,000 items to Commerce. seven local nonprofit groups. They take place from July 25 through The charitable giving is part of the Aug. 29. Specific dates, times and locations >>>>> 2012: Loeb Properties Inc. of Memphis closed on its $7 million acqui- credit union’s community involvement can be found on the department’s website sition of eight acres of the Overton Square entertainment district from program, Orion Gives Back. Launched in at http://www.tn.gov/labor-wfd . Denver-based Overton Square Investors LLC. January 2012, Orion chooses a nonprofit each month to be the focus of the giving >>>>> 1993: Scott Construction Co. continued work on widening to four initiative. lanes a quarter-mile section of what was then called Mud Island Road Recipients thus far have included the Cohen ‘Stunned’ Woman from the Auction Street Bridge to the entrance to Harbor Town. Harbor Mid-South Food Bank, Memphis Fam- Isn’t his Daughter Town Square was still under construction at the time. The first layer of ily Shelter, Literacy Mid-South, Memphis asphalt was due by September. Farmers Market, Clovernook Center for U.S. Rep. Steve Cohen, D-Memphis, the Blind and Visually Impaired and Youth said Thursday that he’s “stunned and >>>>> 1973: Humble Pie, T-Rex and Hydra at the Mid-South Coliseum as Villages, among many others. dismayed” to learn that DNA tests revealed the Fairgrounds venue and the Auditorium Downtown were each well he is not the father of a woman with whom into their runs as the city’s dominant performance halls for rock bands he had an affectionate Twitter exchange through the 1990s. It was the second time in a year that the band front- this year. ed by Steve Marriott played Memphis. And the band would return to the State Labor Department In February, tweets between Cohen city less than a year later on another tour. The continuous touring was To Discuss Workers’ Comp and Victoria Brink, a 24-year-old Texas the primary means of generating record sales along with radio airplay. woman, attracted public attention during The Tennessee Department of Labor the president’s State of the Union address. >>>>> 1943: On the front page of The Daily News, Memphis Congressman and Workforce Development is holding a Soon after, Cohen revealed that he was Cliff Davis predicted that after World War II at least six new air routes series of seminars across the state to ex- Brink’s father. He said he’d learned about could include Memphis stops with the possibility of two more either end- plain the Workers’ Compensation Reform the relationship three years earlier. ing or beginning in Memphis. Act of 2013. But on Thursday, CNN reported that The bill removes injured workers’ DNA tests showed Cohen is not her father. “The Memphis airport will be expanded to huge proportions and the ex- claims from state trial courts and instead “I was stunned and dismayed when pansion will be the biggest thing to come to Memphis since the outbreak creates a special panel appointed by the DNA tests disproved what Victoria and I of the war,” Davis said. governor to hear claims and appeals. believed about our relationship,” Cohen The seminars aim to educate employ- said in a Thursday statement. “I still love ers about the impact of the bill, including Victoria, hold dear the time I have shared ways to avoid workplace injuries and how with her, and hope to continue to be a part

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of her life. recovery that is helping to drive economic Department Director Scott Bennett told a for traffic signal improvements at Pleas- “It’s been a roller coaster ride these last growth this year. legislative panel Thursday that he expects ant View Road and Covington Pike as well three and a half years from which I have To calculate average mortgage rates, to begin issuing bonds in September that as $300,000 for engineering and inspec- learned something about parenting and Freddie Mac surveys lenders across the will be repaid by the new sales tax. He said tion work on a Central Avenue crosswalk some more about love, life, and heart- country on Monday through Wednesday he expects work to begin on some of the funded by the state for the University of ache.” each week. The average doesn’t include projects by the end of the year. Memphis. And $936,400 for road improve- Brink is the daughter of Texas criminal extra fees, known as points, which most Voters last year approved the tax, ments along Fairley Road were approved. defense lawyer Cynthia White Sinatra, who borrowers must pay to get the lowest rates. which will raise about $1.8 billion during The council approved accepting $1.1 ran for Congress in 2006 against Ron Paul. One point equals 1 percent of the loan the next decade for the state’s highway million in state Fast Track grant money Cohen described his relationship with amount. needs. The half-cent tax increase is set to for an access road into the site of the Nike Sinatra as longtime friends. Texas execu- The average fee for a 30-year mortgage expire by 2023. plant expansion in Frayser. tive John Brink raised Victoria Brink. was 0.7 point this week, down from 0.8 With a $3.2 million contract approved CNN reported Thursday that it point last week. The fee for a 15-year loan between the city and Memphis Light, Gas obtained DNA from John Brink, Victoria also slipped to 0.7 point from 0.8 point. and Water Division, the next phase of the Brink and Cohen for tests, and that results The average rate on a one-year Bank of Bartlett Earns renovation of the Elvis Presley Boulevard showed Cohen wasn’t her father. adjustable-rate mortgage was unchanged Magazine’s High Marks streetscape in Whitehaven will begin. The Cohen’s office said that he also submit- at 2.66 percent. The fee declined to 0.4 contract is to locate overhead utility lines ted DNA to determine paternity indepen- point from 0.5. The “ABA Banking Journal,” the Ameri- underground on the stretch of the state dent of the CNN report. The average rate on a five-year adjust- can Bankers Association’s monthly maga- highway from Brooks Road to Winchester Cohen, who has never been married, able mortgage fell to 3.17 percent from zine, has recognized Bank of Bartlett as Road. said in February that he decided to pub- 3.26 percent. The fee eased to 0.6 point among the nation’s top performing banks licly acknowledge Brink as his daughter from 0.7. based on return on equity for 2012. after bloggers and the media tried to make In the current edition of the magazine, exchanges during the State of the Union the “ABA Banking Journal” lists the bank Wunderlich Lists appear salacious. Cohen’s message to as the nation’s second best-performing First Horizon as Buy Brink included a Twitter abbreviation for “I Tapes of 2 Elvis Concerts community bank, with return on average love you.” Added to Calif. Auction equity at 65.33 percent and assets of $370.4 Wunderlich Securities Inc. has an million. analyst note out maintaining a buy rat- Uncirculated tapes of two Elvis Presley Since its founding in 1980, Bank of ing on First Horizon National Corp., the concerts recorded two months before Bartlett has financed the construction of Memphis-based parent company of First 30-Year Mortgage Rate he died have been added to a celebrity more than 20,000 homes in Shelby County Tennessee Bank, and keeping a price target Declines to 4.37 Percent memorabilia auction in California. and currently operates eight bank branch- of $13 on the stock. The Mecum Auction Co. says the tapes es in Shelby County. First Horizon reports second quarter Average rates on U.S. fixed mortgages will be among the 2,000 pieces of celebrity- results before the market opens Friday, July declined this week as concern waned in related memorabilia being displayed and 19. In his note, Wunderlich analyst Kevin the financial markets over the Federal auctioned in Santa Monica, Calif., on July Reynolds said he expects the banking Reserve’s possible slowing of its bond pur- 26-27. Council Delays Referendums company to “meet or exceed” the consen- chases this year. Mecum says the concert tapes were And OKs Alarm Fee Hike sus earnings estimate, which is $0.19 for Mortgage buyer Freddie Mac said made at live Elvis shows in Omaha, Neb., the quarter. Thursday the average on the 30-year loan on June 19, 1977, and Rapid City, S.D., two Memphis City Council members The company’s results for the quar- slipped to 4.37 percent. That’s down from days later. Mecum says the tapes include delayed Tuesday, July 16, several items that ter, he added, “should include modest 4.51 percent last week but is still near the original audio and video footage. would have called for special referendum commercial loan growth, improving asset highest level in nearly two years. Elvis died Aug. 16, 1977, in Memphis. elections in this off-election year for Mem- quality, and continued expense reduc- Just two months ago the rate was 3.35 The auction also will include Elvis’ phis voters. tions, partially offset by slight (net interest percent, barely above the record low of 1972 Cadillac Custom Estate Wagon and The council delayed final votes to set margin) compression.” 3.31 percent. Rates had surged in recent other Elvis-related items. referendums on civil service changes as weeks amid concern over the Fed’s bond well as on a proposed half-percent sales purchases, which have kept interest rates tax hike. low. It also delayed a vote on third and AFSCME Union Names The average on the 15-year mortgage Ark. Highway Chief Says final reading of the ordinance prohibiting Tyree Interim Director fell to 3.41 percent from 3.53 percent last Roads Face Funding Gap pension “double dipping” by retired city week. employees who return to work for the city Gail Tyree, the assistant director of Chairman Ben Bernanke said last week Arkansas’ highway chief says the state or a local government entity and continue local 1733 of the American Federation of the Fed will continue to stimulate the still needs an additional $200 million a to collect their pension as they get paid for State, County and Municipal Employees, economy, even after it begins to slow the year over the next decade just to maintain the new job. becomes the interim executive director of bond purchases. its roads, despite extra money coming in The council approved on third and the Memphis local effective July 22. Even with the recent gains, mortgage from a half-cent sales tax voters approved final reading an ordinance that ups some Tyree’s appointment was announced rates remain low by historical standards. last year. false alarm fines and fees. Wednesday, July 17, by union administra- Low rates have helped fuel a housing Arkansas Highway and Transportation Also approved was $250,000 in funding tor Shelley Seeberg.

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Outgoing executive director Chad reported “modest to moderate” growth. He says law enforcement statewide will June Building Permits Johnson is leaving the Memphis local to The Dallas district reported strong growth be out in force from Thursday, July 18, to Decline From Year Ago become California Area Field Services for the second straight survey. Sunday, July 21, and from July 25 to July 28 director of the international union. Housing construction and home prices for the final phase of the More Cops-More The number of permits filed by build- Johnson had been instrumental in improved, while consumer spending Stops campaign to crack down on drivers ers in June declined significantly from the fashioning a still unfolding new model increased in most districts, fueled by rising who are speeding, drunk, distracted or not same month last year. for city sanitation services as the admin- car and truck sales. The housing recovery wearing a seat belt. Builders filed 60 permits in June 2013, istration of Memphis Mayor A C Wharton is also driving more production of lumber, In 2011, officials say more than 700 down from 89 permits filed in June 2012, Jr. seeks to move to a “pay as you throw” materials and construction equipment. people died in Tennessee traffic crashes. according to real estate information com- model. The report says hiring held steady or Twenty-seven percent of the fatalities pany Chandler Reports, www.chandler- The model, which is still an emerging increased in most districts. But employers involved a drunk driver, and 23 percent reports.com. proposal, is one in which city residents in some districts were reluctant to hire per- were speeding-related crashes. Fifty-seven While the number of permits issued would begin to move toward a system in manent or full-time workers. percent of those who died were not wear- was down, average home sizes and prices which they pay a solid waste fee based on ing their seat belts at the time of the crash. were up year over year. the amount of waste they leave for the city The average permit in June measured to pick up. 3,712 square feet and $367,952 compared Tyree has been a regular presence at Reid-Hooker Road to 3,091 square feet and $231,884 in June countywide school board meetings repre- Closed July 24-25 Appeal to Support Gun Law 2012. senting union members who were affected In Mississippi Coming Regency Homebuilders LLC was the by the countywide school board decisions Reid-Hooker Road between Raleigh La- top builder as tracked by home permits to outsource some transportation services grange Road and Monterey Road in north Mississippi Attorney General Jim Hood in June (30; 2,799; $204,398) followed by and all custodial services. Shelby County will be closed to through says he’ll file an appeal early next week to Grant Homes (6; 2,870; $171,700). The union is one of the big three mu- traffic July 24-25. try to push an open-carry gun measure Collierville’s Wolf River Ranch sub- nicipal unions representing the bulk of city County road crews will be repairing a into law. divisions saw the most activity, with 11 employees. pipe culvert north of Mary Creek Lane. A Hinds County circuit judge has put permits averaging 4,373 square feet and the law on hold, calling it “unconstitu- $383,909. tionally vague.” Hood will ask the state Collierville’s 38017 ZIP code led the Supreme Court to overturn that ruling. way in June with 18 permits averaging Fed: Growth Improves Officers Step Up Hood says many law enforcement of- 3,847 square feet and $339,778. Moderately Throughout US Highway Safety Efforts ficers around the state are confused about Builders sold 62 homes in June, down TMP PRODUCTION BOS027716B 1 7/21/2013 whether they can arrest someone who’s 13.9 percent from 83 sales in June 2012. A Federal Reserve survey says the U.S. Law enforcement officials across the openly carrying a firearm. Grant Homes led the way with 11 sales 4.875 x 7 NCAPONE PENKL0001 economy grew in most parts of the country state are stepping up a campaign to in- Hood says a Hinds County judge has averaging $251,019 and totaling $2.76 gl from late May through early July, bolstered crease highway safety. MS Driver the power to block a state law from taking million, followed by Regency Homebuild- by the housing recovery, consumers and Richard Holt is the Governor’s Highway effect, because the seat of state govern- ers with six sales averaging $242,893 and more factory output. Safety Office Law Enforcement adminis- ment is in Hinds County. totaling $1.45 million. Eleven of the Fed’s 12 banking districts trator. But Hood’s also telling sheriffs and For the permits data from the second police officers in the other 81 counties they quarter, see Page 20. might be wasting their time by arresting people for simply carrying a gun that’s not Penske Logistics is having a Driver Job Fair for concealed. Team Drivers with CDL Class A License! Sullivan Branding Makes Personnel Moves Penske Logistics is looking for qualified CDL A "Team Truck Driver Duo" to New Boutique Heads Sullivan Branding has made a few per- become part of an excellent team. This is a great opportunity to continue To Overton Square sonnel changes and additions. your career with one of the nation’s largest logistics companies. The brand development, advertising, A new boutique store is heading to marketing and PR agency has named Earl Interviews and Road Tests will be held on Overton Square. Keister executive creative director for the August 2nd 10am-4:30pm and the 3rd 9am-3:00pm Alexandra Rushing, owner of Harbor Nashville and Memphis offices. He’ll be Town boutique The Ivory Closet and Adel based at the agency’s Nashville office, and 8140 Hacks Cross Rd, Olive Branch, MS 38654 Amor Cosmetics, has signed a lease for he’s served as creative director of the Mem- To schedule your interview please call 855-CDL-PENSKE. 1,300 square feet for The Attic at Overton phis office since September 2010. Square, next door to Bar Louie. The firm also has announced the Preference of Family Member Teams – Father/Son Duo, Husband/Wife Duo The retail boutique will carry men’s and hire of Leslie Skelton as digital strategy or Siblings women’s clothing and accessories from manager. She’ll lead online advertising and brands like Library of Flowers, Yosi Samra, marketing strategies for tourism, retail and Drivers are responsible for delivering product to customers driving in T/A Lucky Feather, Coobie and Chilly Jilly. banking industry clients. Sleepers over the road 2-3 days. Home on WEEKENDS!!!! Ben Scharff, owner of IronJaw Labs and Jason Lee is Sullivan’s new art director. creator of IronJaw custom mouth guards, He specializes in 3D animation, video and will co-own the business. photography. Requirements: “Growing up in Memphis, we see Over- Rounding out the new hires is Natalie • CDL Class A ton Square as a staple of our history and Holcomb, who’s joined Sullivan Branding a vision of what will help shape the future as social media coordinator. • 2 years of verifiable tractor-trailer driving experience in the last 5 years of Memphis,” Rushing said in a statement. required and clean DMV/MVR record “We want to be a part of the renovation • At least 23 years of age and revival of this fabulous Memphis landmark.” Arkansas Cotton Acreage Please apply online or over the phone. Call 855-CDL-PENSKE or Go to The Attic, which is expected to open its Hits Longtime Low visit www.gopenske.com/careers and search by Job ID: 1303953 doors in September, will be open 11 a.m. to 8 p.m. Mondays through Saturdays and Cotton acreage is down sharply this EOE 1 p.m. to 5 p.m. on Sundays. year in Arkansas. Loeb Properties Inc. has stepped up Agriculture officials estimate 320,000 retail leasing at Overton Square. acres of cotton have been planted in Company officials said they believe it Arkansas this year. That’s only about half as will provide new daytime traffic to comple- much cotton as growers planted in 2012. ment the already bustling restaurant activ- Jonesboro television station KAIT ity there. reports that farmers pulled back on cotton Breakaway Running and Cardio Barre because of thin profit margins. have also signed leases for stores at Over- Producers risk losing money if the ton Square. weather takes a bad turn or if pests are www.thememphisnews.com July 19-25, 2013 5

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abundant. Also, the crop is threatened by effects of federal tax hikes and government herbicide-resistant pigweed, which can spending cuts fade. choke out cotton plants. The May increase brought total stock- piles to a seasonally adjusted $1.66 trillion. FROM THE BLOG That’s up just 3.8 percent from May 2012. Wholesalers cut their stockpiles 0.5 Metal Building Maker Spirco percent, while manufacturers’ inventories Young Memphians Featured Honored for Safety Measures were unchanged in May. Retail stockpiles rose 0.6 percent. In Chamber Magazine Memphis metal building manufacturer Sales at the wholesale level rose 1.6 Spirco Manufacturing has been recognized percent to lead all categories. Sales at man- Editor’s Note: “From the Blog” is a weekly feature that highlights for outstanding safety measures. ufacturers and retailers increased slightly some of the enterprising work our staff and contributors post on The The Metal Building Manufacturers As- below that level. Daily News blog, blog.memphisdailynews.com. sociation recently awarded Spirco a 2012 A separate report Monday showed that Improved Safety Award in the category of retail sales slowed to a modest 0.4 percent ANDY MEEK | The Memphis News 20 percent reduction in OSHA work case increase in June. occurrences and restricted duty cases. The brighter second half outlook is The Greater Memphis Chamber has chosen 10 young professionals Each year, the association recognizes bolstered by steady job growth, which has who will be featured in the Memphis Crossroads Magazine “2013 Young metal building systems manufacturers kept consumers spending. Employers have who show exceptional commitment to as- added 202,000 jobs a month through the Memphis” annual issue. suring workplace safety. first six months of this year. That’s up from Qualifications included being a Chamber member and under 40. Spirco was one of only 10 companies 180,000 in the previous six months. Each professional will get a full-page profile in the magazine, to be pub- across the nation to win an acknowledge- The increase in hiring has helped lished in early August. ment in its category. overall income grow, offsetting some of the The 2013 Young Memphians are: drag from higher taxes. • Nicole Harris, digital media coordinator, The Westin Memphis Beale Street Glazer’s Inc. Acquires • Angie Ware, director of corporate relocation and business develop- Memphis’ Star Distributing DiAnne Price Receives ment, Prudential Collins-Maury Beale Street Note • Lisa Middlebrook, training & development coordinator, Electrolux Glazer’s Inc. has signed an agreement Major Appliances to acquire majority control of Memphis- Pianist and vocalist DiAnne Price, who • Catherine Harris, senior attorney of legal technology transactions, based Star Distributing Co. died in March, will be honored with a FedEx Corp. Glazer president and CEO Sheldon brass note on Beale Street’s Walk of Fame, Stein said the company’s strategy is to “ag- Sunday, July 21. • Carrie Rundhaug, president, Mississippi River Office Solutions gressively expand” its footprint in beverage Price’s unique blues phrasings and • McLean T. Wilson, vice president, Kemmons Wilson, Inc. distribution, and the deal announced will her extensive songbook were featured • Patrick “Trey” Carter, president, Olympic Career Training Institute give it a significant presence in Memphis. at Memphis Sunday brunches as well as • Danny Mincey, division recruiter, Mitsubishi Electric Power Prod- His company is one of the largest dis- music festivals. ucts, Inc. tributors of wine, spirits and malt beverage The ceremony honoring her will be at • Kelly English, chef-owner, Restaurant Iris products in the U.S. B.B. King’s Blues Club on Beale at 3 p.m. • Randy Spicer, plant controller, Nucor Steel Star distributes wine, spirits and Meanwhile, Knox Phillips of Phillips specialty items in Memphis for national Recording Studio was honored with a brass suppliers including Bacardi, Sazerac, Moet note that was presented to him Saturday at Hennessy USA and Beam, among others. the Levitt Shell before the last live concert of the summer season in Overton Park. the value of the pension fund that pays who are in need. benefits to Shelby County retirees in May Call 881-6013 Monday through Friday was back to a high not seen since before from 8 a.m. to 5 p.m. for information on US Business Stockpiles the 2008 recession. how to apply. Up Modest 0.1 Percent Downtown Commission The size of the retirement defined Creates Design Guidelines benefit plan portfolio stood at nearly $1.03 U.S. businesses increased their stock- billion in May. piles only slightly in May, despite a solid After a nearly two-year process the The last time the value was higher than Advisory Board Formed For sales increase. The figures suggest eco- Downtown Memphis Commission has that was in December 2007. UTHSC College of Medicine nomic growth has slowed but could pick produced the final draft of the Design Continuing a pattern, the fund for each up in the second half of the year. Guidelines for Downtown. of the first four months of 2013 has sur- City leaders gathered earlier last week The Commerce Department said The commission’s Design Review passed the monthly values for the first four at the Hamilton Eye Institute boardroom Monday that business stockpiles rose just Board will review the document at its Aug. months of every year back to 2007. at the University of Tennessee College of 0.1 percent in May from April, half the 7 meeting and the DMC board will be Medicine over concerns about health care previous month’s increase. asked to consider adopting the final draft and higher education in Memphis. Sales increased 1.1 percent in May at its Aug. 21 meeting. The 18 meeting attendees, including after being flat in April. That’s the best gain The 184-page document will guide Electrolux Donates Shelby County Mayor Mark Luttrell, state since February. the use of new technologies and materi- Air Conditioners Senate Majority Leader Mark Norris, and Slower restocking could weigh on als, strategies of sustainable design, how local CEOs and civic leaders, formed an economic growth in the April-June quarter public improvements – including sidewalk Executives at the Memphis Electrolux ongoing advisory board for the University because it means companies ordered and streetscaping – should be pursued plant donated 200 room-size window air of Tennessee Health Science Center Col- fewer factory goods. But the strong sales and how construction should be context- conditioning units Friday, July 12, as part lege of Medicine. gain suggests companies may have to appropriate. of efforts by the Metropolitan Interfaith The advisory group will provide order more goods in the coming months The goals are to promote maintaining Association and Neighborhood Christian evidence and value-based approaches to to keep up with demand. That could drive Downtown as a “cohesive and livable place Centers to help needy Memphians in the delivering health care to physicians-in- more economic growth in the second half with an attractive pedestrian-oriented worst of the summer heat. training as well as finding new ways to of the year. environment” while promoting the “pres- The Frigidaire air conditioning units reach out to the community. Many analysts think economic growth ervation of historic, cultural and architec- were donated as part of a larger effort Participants gathered at the behest has slowed to an annual rate of around tural heritage,” according to the DMC. with donations by Electrolux this week in of Dr. David Stern, executive dean of the 1 percent or even less in the April-June Charlotte, N.C., Springfield, Tenn., and An- University of Tennessee Health Science quarter. That would be lower than the sub- derson S.C., where the company also has Center College of Medicine and David par 1.8 percent annual rate from January manufacturing plants and headquarters. Levine, a business consultant who is the through March. County Pension Fund Electrolux makes the Frigidaire units. former chairman and CEO of ResortQuest Economists expect growth should Keeps Riding High The units donated in Memphis will be International. rebound in the second half of the year to distributed through Neighborhood Chris- The next advisory board meeting is a roughly 2.5 percent annual rate as the Driven in part by stock market gains, tian Centers to Shelby County residents scheduled for the fall. 6 July 19-25, 2013 www.thememphisnews.com

contributors July 19-25, 2013, VOL. 6, NO. 30 news

Government

President & CEO bill dries Peter Schutt Senior Reporter

Government, Education, Manufacturing, Agribusiness Wharton: City’s General Manager Emeritus 528-5277 | [email protected] Ed Rains

Publisher Eric Barnes Budget Challenges

Associate Publisher & Executive Editor James Overstreet Will Continue Managing Editor Lance Allan Wiedower andy meek Senior Reporter Bill Dries | [email protected] Deputy Managing Editor Banking/Financial Services/Accountants, Markets & Economy, Eric Smith Economic Development, Small Business 528-5279 | [email protected] fter taking heavy criticism during broke all four legs. I stuck with $3.51,” Associate Editor Kate Simone the budget season from Memphis Wharton said. “When you are running A City Council members, Memphis in a race and you see he has four broken Graphic Designer & Photo Editor Mayor A C Wharton Jr. is starting to take legs, either you stand out there and get Brad Johnson more criticism for the approved cuts that trampled or you jump on the next horse are rolling out first in the Memphis Fire to come by.” Graphic Designer Department. Meanwhile, a key element in the Yvette Touchet And Wharton is responding, citing a city’s plan to get its debt under control, a jennifer JOHNSON backer restructuring through refunding bonds Senior Production Assistant REPORTER 13.9 percent cut, excluding police, in the Sandy Youngblood size of city government since he took of- approved by the council in June, has some Health Care/Biotech, Transportation/Distribution/Logistics, fice in late 2009. problems. Attorneys/Courts/Civil Litigation, Nonprofits Production Assistant 528-8622 | [email protected] “It’s so asinine for folks to say all (the Since the council approved the Laurie Beck city) does is raise taxes,” Wharton said bonds, national financial conditions on the WKNO-TV program “Behind The have changed and complicated the goal Public Notice Director DON FANCHER Headlines.” The program can be seen on of the restructuring, which was to lessen The Daily News Video, www.memphisdai- the balloon note from pushing the debt Senior Account Executive lynews.com. further out. JANICE JENKINS The closing of a North Memphis fire Wharton said such municipal bonds station and other changes in how fire ser- haven’t fared well as Federal Reserve Account Executive vices are dispersed are part of the budget Bank Chairman Ben Bernanke indicated LUCY BLACKMON AMOS MAKI REPORTER plan to lose 300 city employees through the government might be buying more attrition. The benefits for the city budget’s as Bernanke contemplates an end to the Business Development Manager Commercial and Residential Real Estate, Architects/Engi- Patricia mckinney neers/Construction bottom line are over two fiscal year be- quantitative easing policy of the Fed. 521-2464 | [email protected] yond the current one that began July 1. “We still may have a gap in the 2014 Director of Marketing & Advertising But all of the jobs that will be lost budget as a result of the fact that we won’t DONNA WAGGENER through employees deciding to retire and be able to net what we want to net on this leave voluntarily without a buyout offer refinancing,” Wharton said. “We may go Marketing Manager will be off the city payroll during the cur- through with it. But I don’t think we will Leah Sansing rent fiscal year. They are spread across all get anywhere near the $9 million we were

Controller/Human Resources city divisions. expected to clear on it.” PAM MALLETT Wharton insists they will not affect The result is Wharton will probably DON WADE response times to fire calls or the level of delay pulling the trigger on the restructur- Administrative Specialist SPORTS COLUMNIST service to Memphians. ing to wait for better economic condi- MARSHA PAYNE “This is through attrition. This is tions. [email protected] through redeployment. This is through “We may pull the trigger at some other Circulation Coordinator KAYE KERR using different kinds of equipment,” time. … They haven’t made that call yet,” Wharton said on the program hosted by he said, referring to Bernanke and other Production/Distribution Manager Eric Barnes, publisher of The Daily News. national monetary advisers. JOHN BUESCHER “We’re going to keep the response time On another front, an overhaul of city within acceptable standards. … People benefits for employees and retirees will Pressman always think in terms of the fire depart- unfold on several levels, Wharton said. CEDRIC WALSH ment as being that place that has these The most obvious is probably from LANCE MURPHEY big trucks that just run all day long put- defined benefits to defined contributions Pressman PHOTOGRAPHER PETE MITCHELL ting out fires. Seventy percent of the calls for any future hires by the city. Weekly features, spot news are not for fires. They are for ambulance “I can pretty much tell you that those [email protected] Published by: services.” who are hired in the future – they will be THE DAILY NEWS PUBLISHING CO. Wharton originally proposed a $3.51 few and far between … but I can pretty 193 Jefferson Avenue Memphis, TN 38103 To reach our editorial department, e-mail: tax rate that included a 15-cent property well tell you they will not be going into a [email protected] or call: 901-523-1561 P.O. Box 3663 tax hike beyond an extra 25 cents on the defined benefit program. That’s an easy Memphis, TN 38173-0663 Tel: 901.523.1561 tax rate to generate the same amount of one to deal with,” Wharton said. Fax: 901.526.5813 revenue the city got before the 2013 prop- More difficult are existing city em- www.memphisdailynews.com erty reappraisal in which city property ployees with a distinction between those The Daily News is a general interest newspaper covering business, law, The Daily News is supportive, including in some case overall lost value. who are vested in the retirement plan and being on the boards of, the following organizations: government, and real estate and Instead the council approved a $3.40 those who are not. development throughout the Memphis Literacy Mid-South, Grace St. Luke's Episcopal metropolitan area. School, Wolf River Conservancy, Ronald McDonald property tax rate with the same 25 cents “You first have to deal with those em- House, Great Outdoors University, Tennessee Wildlife The Daily News, the successor of the Daily Federation, Temple Israel, St. Jude's, St George's toward a new certified rate but a smaller ployees who are vested. That’s where your Record, The Daily Court Reporter, and The Independent Schools, Shelby Residential & Vocational 5-cent tax hike. big number will be,” he added. “Do you Daily Court News, was founded in 1886. Svcs, Shelby Farms Park, Calvary & The Arts, Bridges, Boys & Girls Club of Greater Memphis, Binghampton And some on the council thought say, ‘All right, you will keep your defined AUDIT PENDING Development Corporation, U of M Journalism Dept., Wharton should have been more aggres- benefits but you will pay more?’” Or do Chickasaw Council Boy Scouts, Memphis Leadership Foundation, Junior Achievement, Overton Park sive than simply offering different budget you simply say, ‘We’ll just leave that alone Conservancy, The Cotton Museum and WKNO. options to the body. and we’ll deal with those employees who “We rode the $3.51 horse until it are not vested?’” www.thememphisnews.com July 19-25, 2013 7

news

Education Education School Board Races Next For Suburbs

Bill Dries | [email protected]

ook for suburban school board races probably in November now that voters L in the six suburban towns and cities in Shelby County have approved forming mu- nicipal school districts. The results were never close in any of the separate referendums on the Tuesday, July 16, special election ballots in each of the towns and cities. Lance Murphey The ballot questions were the only items Hallie Seaton, 7, watches as mother Rachel Seaton casts a ballot during early voting for municipal school districts at Collierville Church of Christ on Wednesday, July 10. on the ballots. In Arlington, Bartlett, Collierville and Germantown, the ballot proposition won with more than 90 percent of the vote. The “yes” percentage in Lakeland was 87 percent and 74 percent in Millington. Election Aftermath While each town and city had to make a separate decision on a separate school district, a total of more than 143,000 voters live in the Municipalities weigh next moves for school districts area. Just less than 30,000 turned out to vote early or on election day for a 20.5 percent voter turnout. Unofficial vote returns from the Shelby | Bill Dries [email protected] County Election Commission went as follows:

Arlington Germantown t least one suburban leader You have to have someone dedicated the referendum is behind us,” he said. Yes: 1,935 or 94% Yes: 7,500 or 93% wants to explore the idea of a as a superintendent. It doesn’t mean The discussions about how to turn No: 130 or 6% No: 545 or 7% shared superintendent for sev- that superintendent cannot work in over school buildings may not be as A Bartlett Lakeland eral of the municipal school districts other areas also. For a lot of us it makes contentious as some expect especially Yes: 7,033 or 91% Yes: 1,582 or 87% to come. sense.” if there are agreements for the use of No: 664 or 9% No: 234 or 13% Arlington Mayor Mike Wissman Bartlett Mayor Keith McDonald the building without resolving at least raised the possibility the day after vot- had indicated even before the referen- immediately who owns them. Collierville Millington ers in all six suburban cities and towns dum elections that Bartlett probably “Maybe the buildings aren’t as Yes: 8,060 or 94% Yes: 923 or 74% approved in special elections the wasn’t interested in such a scenario much of an issue if there’s some agree- No: 505 or 6% No: 328 or 26% formation of separate suburban school even if it was legally permissible. ment on shared services. It’s going systems. As for talks about shared services to take each individual system to Election commissioners are scheduled “I think Arlington and Lakeland do in general, McDonald agreed there are see what they need,” Wissman said. to meet July 31 to certify the results. With have a strong commitment to try to differences in how important that is “Bartlett and Germantown are fully that, suburban leaders’ next move is setting a share a superintendent and/or central depending on the size of the suburban functional communities – everything date that probably will be in November to fill office if possible. That’s something cities and towns. from fire, police, garbage, ambulance school board seats on the six separate school we’ve been talking about all along,” “There may be some discussions everything. Arlington and Lakeland boards. Wissman said, talking specifically going on between some of the other and Collierville, for the most part, have Those leaders have said their goal is to about former schools superintendent cities in a more fervent way,” McDon- to contract out. Some of the communi- open their school systems on the first day of John Aitken. “I think if somehow there ald said. “I’m not having any. I’m still ties want to be totally self-sufficient classes in the 2014-2015 school year. was a way to choose John Aitken as a focused on the goal of local control. where some of us don’t have a problem For the first year of the consolidated superintendent, or someone like John, That being said, certainly it would be with sharing services or relying on oth- school system that begins Aug. 5, students I don’t think Arlington or Lakeland wise for us or the new school board ers. That’s where it’s going to be on a and schools in the suburban areas will be part would be as apprehensive as maybe when they are elected to consider in case-by-case situation in my personal of the merged district. some of the other ones would be in terms of cost and efficiency what they opinion.” The results of the 2012 referendums on doing that.” might be able to share in either with Wissman said attorneys represent- the school districts were voided by U.S. Dis- His comments demonstrate the the unified system or with one of the ing the Shelby County Commission trict Court Judge Samuel “Hardy” Mays last different paths the towns and cities are other suburban systems.” and the suburban leaders have talks year. He ruled the state law setting the rules likely to take in building their school Ken Hoover, a backer of the Ger- scheduled later this month that are a for forming such school districts violated systems. And he acknowledged not mantown school district who ran for follow-up to some very preliminary the Tennessee Constitution because the law all suburban leaders think a common and was elected to the Germantown discussions before the referendums. passed by the Tennessee legislature that year suburban superintendent is possible school board last year before the elec- “Now that the vote has happened applied only to Shelby County. or something they want to pursue. tion results were voided in the U.S. and we are official, hopefully there The legislature in 2013 passed a new law But Wissman added that attorneys District Court for the Western District will be some recognition amongst the that lifted the statewide ban on establishing he has consulted have said it is pos- of Tennessee, is anxious to see talks parties in the lawsuit and the school such school districts. sible. get underway on issues like county board as we have discussions moving The court decision also voided the results “That’s the pretense we’re going schools buildings in the municipali- forward,” Wissman said. “They’ve been of 2012 school board races in each of the under that we can move forward in ties. feeling each other out as far as what six suburban towns and cities before those that direction,” he said. “You can’t use “I hope that we see rapid progress results could be certified by the Election your principal as a superintendent. in the building discussions, now that election continued on P29 Commission. 8 July 19-25, 2013 www.thememphisnews.com

Logistics Downtown Airport Bass Pro Signage Has ‘Classier’ Look Announces Amos Maki | [email protected] ass Pro Shops has changed sig- The south side of The Pyramid will Free Wi-Fi nage plans for The Pyramid and also include an 874-square-foot sign Bis including a “sky ride” to the for the Ducks Unlimited Waterfowling top of the building along with two new Heritage Center that will be one of the at- Jennifer Johnson Backer balconies outside the two-level observa- tractions at the repurposed arena. [email protected] tion deck, all part of an effort to embrace The south entrance to The Pyra- the structure’s iconic place in the city’s mid will also have a set of seven other skyline. smaller signs for brand names the store oon, passengers at Memphis “The building is the sign,” said Bass will carry as well as an LED-illuminated International Airport will be able Pro architect Tom Jowett. “The building 240-square-foot sign for “Big Cypress Sto surf the Web for free as they wait itself is really becoming the brand.” Bass Pro Shops Lodge.” for flights. Jowett presented Bass Pro’s latest de- Pyramid, minus a planned hotel compo- Jewett said the hotel, or lodge, com- The Memphis-Shelby County Airport sign proposals to Memphis City Council nent, Aug. 1. ponent will feature 56 to 59 rooms and Authority awarded a contract to Los An- and Downtown Memphis Commission Bass Pro Shops plans on extend- will be modeled after the company's Big geles-based Boingo Wireless to provide Design and Review Board members Tues- ing the glass on the top of The Pyramid Cedar Lodge luxury wilderness resort Wi-Fi coverage throughout the airport, day, July 16. downward while including outside decks near Branson, Mo. including the terminals, baggage claim Bass Pro Shops went back to the on the east and south sides of the build- In 2010, the city and Bass Pro entered areas and rental car customer service drawing board after the Springfield, Mo.- ing, along with an inclinator, or “sky ride,” into a lease for the destination retailer area in the ground transportation center. based company’s initial plans for large on the southeast corner of the former to occupy the redeveloped Pyramid for Boingo Wi-Fi connectivity will be lit logos on all four sides of the structure arena, giving visitors multiple opportuni- an initial period of 20 years, with seven free for customers who want to surf the – featuring the company’s trademark ties to glimpse breathtaking views of the five-year renewals for a possible total of Internet, but heavy data users and those yellow background with red letters – drew city. 55 years. who want faster service will need to some objections from the community Bass Pro’s latest proposal features Since then, the city has been prepar- pay extra. Internet connectivity already and concerns from some on the review metallic finish signs with green halo LED ing the shuttered Downtown arena to be is available at Memphis International board. illumination on the south, east and west redeveloped by Bass Pro into a tourist and Airport, but passengers have to pay for “We find that refreshing and also chal- sides of The Pyramid. Each sign would retail destination. service. Airport authority officials said lenging,” Jowett said. “We were definitely measure 6,807 square feet. There would The project will feature a re-created they expect to roll out free service by the challenged by the (DRB) and the com- be no signage on the north side of The Delta cypress swamp with a large body end of the year. munity.” Pyramid facing the residential communi- of water on the ground floor and cypress The addition of free Wi-Fi service is The review board has scheduled a ties on Mud Island’s north end. trees climbing into the vast upper reaches part of a long-standing effort to improve vote on the proposals for Tuesday, July 30. “It’s much classier,” said Rebecca Con- of the building. Plans also call for large the airport’s public image and customer Bass Pro plans on issuing bid packages for rad of Askew Nixon Ferguson Architects. water features, a general store, zip line service experience amid public outrage the signage and interior build-out of The “I think that pretty much sums it up.” and restaurant. over high airfares and fewer flights. The most recent challenge came in June, when Delta announced it would slash more Memphis flights, eliminate 230 jobs and eliminate its Memphis hub. For the seven-year contract, Boingo Two Acts Remain in Bernanke’s Screenplay will pay the airport authority either 40 percent of gross revenue or a minimum After weeks of volatility, driven by prevented the onset of deflation through insurance policy benefited stock market annual guarantee of $80,000, depending complex Fed speculation after a chorus swift and massive policy easing. multiples, the economic insurance policy on whichever is greater. The contract of mixed messages, Chairman Bernanke Act III: Wealth Restoration – The will benefit corporate earnings. Therefore, is eligible for three additional renewal re-focused marketplace attention on the Fed boosted housing and asset prices the Fed has committed itself to the pur- period of one year each. Fed’s core purpose. As per Congress, The through continuously expanded quan- suit of higher corporate earnings! Total passenger activity slumped 33 Federal Reserve Act directs: “the Federal titative easing programs. Investors looking at the current percent to 430,546 passengers in June, Reserve...shall maintain long run growth Act IV: Employment Restora- quarter will see little evidence compared with 643,687 passengers of the monetary and credit aggregates tion – The Fed must ensure that of this. Revenues will come in a year earlier. Scheduled flights also commensurate with the economy’s long the U.S. economy regains enough flat and earnings growth will declined 26.8 percent to 134, compared run potential…to promote the goals of sustainable internal momentum register in the low single digits. with 183 last year. maximum employment, stable prices and to embolden hiring and reduce the But who cares? What has Total flights from Delta and its airline moderate long-term interest rates.” unemployment rate. markets rallying is not partners fell to 95 scheduled flights in The Fed must use its full arsenal to Act V: Inflation Containment past realities, but future June, compared with 145 scheduled dur- accomplish its congressional mandate. – The Fed will ultimately David S. Waddell expectations. With the Fed ing the same year-earlier period. the worldly Therefore, the nuanced guesswork need to taper and tighten to targeting corporate earn- As Delta began paring flights, total investor around tapering stimulus programs and reduce pent-up inflationary ings, estimates for 2014 origination and destination traffic the timing of interest rate hikes based pressures. have up-ticked. Current estimates for exceeded connecting flights for the first upon the Fed governors’ tastes and pref- In summary, Bernanke has reassured 2014 S&P 500 earnings are $124.44, 25 time in September 2012. For the fiscal erences is largely irrelevant. Until the Fed markets that the Fed will not skip Act IV. percent higher than the earnings gener- year, the 12 months ended June 30, 2013, unequivocally perceives the economy is Until the economy shows the intestinal ated over the last 12 months. total passenger traffic dropped 29.3 per- fortitude to encourage hiring at a higher Investment strategists must de- cent to 5.6 million passengers, compared encroaching on its long run potential and with 7.9 million passengers during the therefore on a glide path to maximum and more consistent pace, the Fed is cide whether the Fed will be capable of airport’s previous fiscal year. employment, it is mandated to stimulate. mandated to maintain stimulus. Once meeting its full employment mandate. If Cargo continued to buoy revenue full employment appears within range, you believe in Bernanke, you believe in for Memphis International, the world’s Reading the Fed’s Playbill the Fed will transition to Act IV … but not stocks. If you do not believe, buy bonds. second-busiest cargo facility behind The Fed has performed three acts of before. But know that to date he has successfully Hong Kong. Memphis handled 753.8 strength and daring since 2008. Two acts completed Acts I, II, and III. Will Act IV be million pounds in June, up 0.9 percent remain. Don’t Fight the Fed a hit? We are betting that it will. from 747.1 million pounds a year earlier. Act I: Financial System Preservation – With the Fed’s sights clearly set on full David Waddell, who is regularly fea- For the 12-month period ended June The Fed preserved the global financial employment, its quantitative easing pol- tured in the Wall Street Journal, USA To- 30, Memphis International handled system by utilizing enhanced powers icy transitions from being an asset price day and Forbes, as well as on Fox Business 8.97 billion pounds of cargo. That’s up granted by Congress. insurance policy to being an economic News and CNBC, is president and CEO of 2.2 percent compared with 8.78 billion Act II: Deflation Evasion – The Fed insurance policy. While the asset price Memphis-based Waddell & Associates. pounds of handled cargo during the same period a year earlier. www.thememphisnews.com July 19-25, 2013 9 Money&Markets Extra Emerging markets have been an more exposure to growth in emerging cheaper than developed stocks but now didn’t collapse they held together ok. It albatross this year for Bob Smith, markets than you probably get with U.S. everybody hates them. has recovered very slowly and we like Insider portfolio manager of the T. Rowe Price companies. And in some of the emerging If you own the right companies --- and how they run the business, so it’s been a Q&A International Stock fund. Markets from markets you have better growth. At the you find companies that can make it long-term holding. China to Brazil have slumped, which has moment prices are a lot cheaper in most through this more challenging period --- weighed on the returns of the fund. At emerging market than they are in the U.S. then, on a five-year basis, you’re better to What’s your favorite country to invest Think globally the same time, the U.S. market has been try and buy than you are to try to pay up in? on a tear. Even so, Smith says there are Is the emerging market story still for more sure earnings, in markets that We have to have some kind of a view on Who he is: Portfolio still opportunities in overseas markets for intact? the market is less worried about. what’s happening with an economy and manager of the long-term investors. Yes, I think it is. Emerging markets what impact that will have on companies. T. Rowe Price were darling stocks. The prices on WPP, a London-based advertising Within Europe is really where we’re International Stock With the U.S. market doing so well this emerging stocks were at and above company, is the largest holding out of finding the companies. Our overweight in fund year, why invest overseas? those of developed markets, and profit the 120 stocks in your portfolio. Why? Brazil, which has been wrong, has been What he suggests: What you would like to do as an investor margins were relatively high. Policy by They’re gaining share in advertising, driven by the fact that we like companies Don’t give up on is buy good companies, and you want to governments was, let’s say neutral to because of their exposure to emerging there but we also had a view on the international markets just yet. do that when their prices are lower. You’re favorable, for companies. Now you’re markets and digital. The stock is still economy. We thought it would be better less interested when their prices are high. in a period where policy has been some- pretty cheap. We bought it when the than it has been. Outside of the U.S. you have companies what less favorable. Profit margins have market went down in 2009 and the stock Bob Smith that have great growth prospects. normalized and valuations have come really got hit because people thought Interviewed by Steve Rothwell. European companies have a little bit down a lot. Emerging markets stocks are earnings were going to collapse. But they Answers edited for content and clarity. AP Big results, small stocks BEHIND THE BRAND VISA (V) Mutual funds that focus on small company stocks have Managers of small-cap funds nevertheless say these been top performers over the last year and the long stocks can continue to climb. The economy is strength- term. ening and historically small-cap stocks have done Take a look at small-cap growth stock well in a healthy economy. Second quarter Card payments king funds. They’ve returned an average 23 earnings season is underway and financial percent this year and 9 percent analysts are forecasting much bigger annually over the last decade. gains for small company stocks. When consumers reach for their transaction. That beats the average 17 They expect the S&P 600 to wallets, that often means dollar The number of payment percent return of large-cap show 18 percent growth in signs for Visa. transactions that Visa has The world’s largest processor processed in the 12 months growth funds this year, as well earnings per share from a of debit and credit card payments through March has grown nearly as their 7 percent annual return year earlier. That’s more than doesn’t issue cards itself – it 5 percent, lifting revenues and for the last 10 years. quadruple the 4 percent growth makes money by collecting a fee sending the company’s stock up But that strong performance they expect from the S&P 500 per charge or a percentage of a 26 percent. means that small-cap stocks no index of large-cap stocks, according longer look like bargains. The average to S&P Dow Jones Indices. GOING MOBILE: Visa is taking steps to make its payment-processing price-earnings ratio for stocks in the Next year, analysts expect the gap to business more accessible to mobile device users, who increasingly Standard & Poor’s 600 index of small-cap remain wide. They forecast 26 percent shop online on tablets and smartphones, rather than PCs. It has inked stocks is 21, which is 27 percent higher than the earnings growth for small-cap stocks versus 13 deals with several companies whose technology enables merchants to five-year average P/E. percent for large-caps. ring up sales on mobile devices.

EMERGING MARKETS: Visa also has its eye on emerging markets like These China, which is mostly inaccessible to foreign card networks. The no-load FUNDS TOTAL RETURN EXPENSE Asia-Pacific region is among the fastest-growing markets for credit and GOLD small- YTD5-YR* 10-YR* RATIO debit card transactions as more people shift away from relying on cash. MEDALISTS cap funds Fidelity Small Cap Discovery (FSCRX) 23.8 % 18.8 %%13.4% 1.05 investi in Thursday’s close: $191.01 Total payments transactions in Vanguard Small Cap Index (NAESX) 22.8 11.4 11.1 0.24 the 12 months through March: a mix of YTD price change growth and DFA US Small Cap (DFSTX) 25.0 12.8 11.0 0.37 68.2 million V: 26% S&P 500: 18% value stocks, and carry 5% Artisan Small Cap Value Inv. (ARTVX) 16.8 8.1 10.8 1.22 Market value: $127.3 billion Morningstar’s top rating for expected future Royce Special Equity Inv. (RYSEX) 18.1 12.5 10.1 1.13 Revenue In the U.S.: Asia-Pacific: performance. 2012 2013 (est.) $10.4 billion $11.7 billion 41.4 million 12.5 million Source: Morningstar * annualized Data through July 17 Stan Choe; Jenni Sohn • AP 13.4% 12.5% 1% 9%

Source: FactSet Data through July 18 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 32.71 5 39.00 35.74 -.22 -0.6 t s s +6.0 +5.4 27 1.80 Medtronic Inc MDT 37.06 0 54.78 54.70 +.30 +0.6 s s s +33.3 +42.7 15 1.12f t s s AutoZone Inc AZO 341.98 0 441.50 435.32 +5.32 +1.2 +22.8 +12.9 17 ... Merck & Co MRK 40.02 8 50.16 47.40 -.73 -1.5 t s s +15.8 +12.8 22 1.72 0 s s s BancorpSouth BXS 12.55 19.26 19.14 +.35 +1.9 +31.6 +24.0 22 0.04 Mid Amer Apartments MAA 60.38 7 74.94 69.25 +.98 +1.4 s s s +6.9 +1.4 29 2.78 Boyd Gaming BYD 4.75 8 14.50 11.93 +.13 +1.1 s s s +79.7 +67.6 dd ... Monsanto Co MON 82.70 8 109.33 103.03 +.09 +0.1 s t s +9.3 +20.7 22 1.50 Buckeye Technology BKI 23.52 0 37.93 37.28 +.07 +0.2 s s s +29.9 +23.4 16 0.36 Mueller Inds MLI 39.72 0 55.53 54.57 +.76 +1.4 s s s +9.1 +25.0 23 0.50 Community Hlth Sys CYH 22.51 9 51.29 47.31 +.06 +0.1 t s s +53.9 +71.4 16 0.25e 8 s s s Corrections Corp CXW 24.50 6 39.90 32.92 -.08 -0.2 t t t +10.8 +35.8 19 1.92 Navistar Intl NAV 18.17 38.81 34.02 +.60 +1.8 +56.3 +38.2 dd ... t s t Cummins Inc CMI 84.35 9 122.54 117.02 +.54 +0.5 s s s +8.0 +36.9 15 2.50f Nike Inc B NKE 44.83 9 66.07 63.32 -.01 ... +22.7 +38.3 24 0.84 Delta Air Lines DAL 8.42 0 20.19 20.56 +.64 +3.2 s s s +73.2 +84.4 18 0.24 Pinnacle Entert PNK 9.00 0 21.19 20.47 +.36 +1.8 s s s +29.3 +113.9 dd ... t s s Dillards Inc DDS 61.21 7 94.86 82.39 +.19 +0.2 -1.6 +40.7 11 0.20a Regions Fncl RF 6.19 0 10.34 10.23 +.25 +2.5 s s s +43.5 +46.6 12 0.12 0 s s s Dover Corp DOV 50.27 81.80 83.63 +3.22 +4.0 +27.3 +58.6 18 1.40 Renasant Corp RNST 16.03 0 27.08 27.09 +.11 +0.4 s s s +41.5 +71.3 23 0.68 DuPont DD 41.67 0 57.68 57.47 +.22 +0.4 s s s +27.8 +22.0 12 1.80f Smith & Nephew PLC SNN 50.14 0 60.33 60.40 +.39 +0.6 s s s +9.0 +19.1 76 1.31e Education Realty Tr EDR 9.37 5 11.81 10.48 +.01 +0.1 s s s -1.5 -7.5 87 0.44f Smucker, JM SJM 74.60 0 107.54 107.39 +.81 +0.8 s s s +24.5 +43.0 21 2.32f FedEx Corp FDX 83.92 0 109.66 108.66 +4.40 +4.2 s s s +18.5 +14.9 22 0.60f 0 s s s Fst Horizon Natl FHN 7.71 0 12.48 12.14 +.15 +1.3 r s s +22.5 +36.1 dd 0.20 Suntrust Bks STI 22.34 34.64 34.30 +.48 +1.4 +21.0 +36.7 9 0.40f s s s Freds Inc FRED 12.30 9 17.63 16.74 -.10 -0.6 t s s +25.8 +19.0 20 0.24a Synovus Fincl SNV 1.81 0 3.15 3.09 +.08 +2.7 +26.1 +53.3 dd 0.04 GTx Inc GTXI 3.29 6 7.24 5.63 -.24 -4.1 t t t +34.0 +62.6 dd ... Sysco Corp SYY 28.23 0 35.89 35.86 +.41 +1.2 s s s +14.3 +26.4 21 1.12 r s s Ingram Micro IM 14.42 0 20.34 20.19 +.06 +0.3 +19.3 +25.0 12 ... Trustmark TRMK 20.76 0 26.93 27.45 +.68 +2.5 s s s +22.2 +6.5 16 0.92 0 t s s Intl Paper IP 29.95 49.10 47.87 +.11 +0.2 +20.2 +53.5 25 1.20 Tyson Foods TSN 14.07 0 27.54 26.95 -.07 -0.3 t s s +38.9 +76.8 17 0.20 Isle Capri Casino ISLE 4.75 8 8.79 7.98 +.07 +0.9 t s s +42.5 +34.5 dd ... UPS class B UPS 69.56 9 91.78 87.85 +1.20 +1.4 s s s +19.2 +12.2 60 2.48 Kellogg Co K 46.33 0 66.84 66.64 +.46 +0.7 s s s +19.3 +40.4 26 1.76 Utd Technologies UTX 71.40 0 101.00 101.34 +.48 +0.5 s s s +23.6 +39.9 15 2.14 Kirklands Inc KIRK 8.26 9 19.61 18.01 -1.36 -7.0 t s s +70.1 +82.2 23 ... 4 t t t Kroger Co KR 20.98 0 38.52 38.49 +.05 +0.1 s s s +47.9 +77.6 13 0.60 Valero Energy VLO 24.63 48.97 34.22 -.88 -2.5 +0.3 +54.2 7 0.80b t t t LifePoint Hosp LPNT 34.37 9 53.29 51.36 -.05 -0.1 t s s +36.1 +27.3 19 ... Verso Paper Corp VRS 0.90 1 2.05 .99 +.07 +7.2 -7.9 -37.0 dd ... Macy’s Inc M 32.98 0 50.77 49.21 -.32 -0.6 t s s +26.1 +47.4 14 1.00f Wright Medical Grp WMGI 18.11 0 28.18 27.97 +.14 +0.5 s s s +33.3 +42.0 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 July 19-25, 2013 www.thememphisnews.com

Handling Long- Restaurant Industry Term Care Costs

Ray’s Take Secret Ingredient The cost of long-term nursing home care is increasing at a dramatic pace. According to the latest Cafe Eclectic repeats successful formula for third location Genworth Financial report, the median annual cost is now $83,950 and has risen 4.5 percent annually over the last five years. Andy Meek | [email protected] When you consider that 70 percent of 65-year- olds will need long-term care at some point, the odds that this statistic could include you are pretty strong. But needing long-term care does not necessarily mean checking in to the nursing home. Evaluat- ing this risk and preparing for it financially is more complicated. Many people believe that Medicare will cover nursing care. However, at best Medicare only covers some costs of the first 100 days of rehabilitative nursing care. The three basic options for paying for long-term care are out-of pocket, Medicaid, or long-term care insurance. Which one is best for you depends on many fac- tors including your assets, whether family ray & dana Brandon rays of wisdom members are close enough to help with care, and even your family health history. Medicaid is available for people who have ex- hausted just about all of their other resources. You are also limited to certain facilities with available Lance Murphey Medicaid beds. Just five years after opening its first location near Overton Park, Cafe Eclectic has opened a third location inside If you have the financial resources, you can the Stratum Building on the Highland Strip near the University of Memphis campus. simply pay for long-term nursing care. While nursing home stays average 2.5 years, you might require lon- afe Eclectic has found managers. ger and severely deplete any inheritance you might itself in an enviable On the menu at the new wish to pass on. Cspot since the cafe’s store is everything from Long-term care insurance is another option. first location opened five French toast to salads plus In recent years, these policies have become more years ago in Midtown. lots of breakfast sandwiches. standardized, but you still need to read the fine print After opening that first Boulden said the coffee served carefully to know what your policy will pay for. Fur- location at 603 N. McLean at the cafe – Illy coffee, a ther, the companies can and have raised premiums Blvd., the owners didn't have premium brand – is a point of and/or reduce benefits depending on how things to necessarily go hunting for pride for the business. are going for them, not you, so you may not be able additional spots. For Cafe The cafe started with a to shift as much risk as you hope. But if you want to Eclectic's second and third simple vision. Cathy Boulden leave an inheritance or are simply up nights worry- stores – the newest of which Lance Murphey told The Daily News in 2010, ing about nursing care, insurance is an option you opened at the end of June Gariston Kinder serves Anna Cook, seated from left, soon before opening the sec- should seriously consider. near the University of Mem- Sarah Poteet and Carly Cook at the new location ond store, that the way she’d phis – owners of those spaces of Cafe Eclectic inside the Stratum Building on the imagined the first location, Dana’s Take Highland Strip. When aging loved ones need support to live came instead to them. “I just wanted a place where safely and comfortably it impacts the entire family. “We’ve been really blessed,” said Plus, the demand is already there people from the neighborhood could Discussing options before the need actually arises Rachel Boulden, a manager at Cafe in the university area for similar walk, where they could get freshly could smooth the process for everyone. Eclectic and daughter of owner Cathy items. On a recent weekday morning made coffee – great coffee – fresh A senior family member may assume that young- Boulden. “Gary Garland came to us at Brother Juniper’s nearby, for ex- food and fresh pastries the old- er family members will supply the necessary help. for our Harbor Town location, and ample, the wait was nearly one hour fashioned way where it’s all prepared However, these family members’ work and family the folks at the Stratum came to us to be seated. there.” commitments may not allow for the hours needed. and asked us to be in there for our The low-margin restaurant The new university store will get There is also the question of whether to opt for new location.” business can be a fickle one, but longer hours once the school year a nursing home or rely on in-home caregivers. The The Stratum on Highland, at 510 Cafe Eclectic’s secret sauce appears gets underway. Right now it’s open second option can be less expensive and a more S. Highland St., is the site of Cafe to be find a niche, be sensible and Monday through Saturday, from 6:30 comfortable choice for seniors who can perform Eclectic’s newest location the busi- slow about growth and offer a mix of a.m. to 8 p.m., and Sundays from 9 some life tasks. However, there comes a point when ness is referring to as the “middle” lo- what’s expected as well as premium a.m. to 3 p.m. For that location, the cation. The store in Harbor Town on products. cafe also has added touches like “a even round-the-clock care isn’t enough. Mud Island is referred to as “Little” Regarding growth, Cafe Eclectic’s nice, big patio” and sandwiches like Talk openly about what your expectations and Cafe Eclectic. pattern has been a new location ev- roast beef paninis, Boulden said. options are well before the need arises. Advanced The newest version of the res- ery two to three years. After the first With a new store still only a few care for seniors has an effect on multiple generations taurant, coffee bar and pastry shop opened in 2008, then came Harbor weeks into its official existence, the in a family. Their voices should all be heard. occupies 2,500 square feet of The Town in 2010, followed by the U of M owners and employees not surpris- Ray Brandon is a certified financial planner and Stratum’s ground floor retail space. store this year. ingly have their hands full. And any CEO of Brandon Financial Planning (www.bran- The owners saw plenty to like in the What’s more, Cafe Eclectic also more stores, at least for the moment, donplanning.com). His wife Dana has a Bachelor’s university-area location, including its still has a proverbial “Now Hiring” aren’t in the cards. in Finance and is a Licensed Clinical Social Worker proximity to the university and how sign on the front door. The business, “It’s not part of the plan for any (LCSW). Contact Ray Brandon at raybrandon@bran- it fit the profile of the other two cafe which employs more than 60 people more locations right now – though donplanning.com. neighborhoods, which are in areas across the three stores, is hiring now you never say never,” Boulden said. where people live close enough that for positions that include baristas, “We’re very happy, and I think three they can walk or bike to the cafe. servers, cooks and front of the house is the perfect size for us.” www.thememphisnews.com July 19-25, 2013 11

Entrepreneurship Real Estate Boot Camp Gives Guidance Spring Creek Ranch For Emerging Companies Eyes Resort Status Amos Maki | [email protected]

Jennifer Johnson Backer | [email protected] The Spring Creek Ranch golf course is ready to tee off in a major way. The private golf club north of Collierville is aiming to become more of a destination “resort” emphis-based startups are reap- labor and employment law, accounting and is seeking to build a new special events cen- ing the benefits of a statewide and record keeping, intellectual property, ter with a culinary arts school and microbrewery, M effort to increase the flow of branding, and the use of term sheets. along with cabins and a day spa, to attract a capital to innovative companies in the early In 2010, Congress under the Small much wider audience. stages of development, says Matt Heiter, Business Jobs Act, directed the U.S. Securi- “I am trying to get our name out there out- an attorney and shareholder with Baker, ties and Exchange Commission to develop side of golf,” said Spring Creek Ranch general Donelson, Bearman, Caldwell & Berkowitz guidelines that will allow startups to issue manager Robb Meyer. PC in Memphis. securities on crowd funding sites like The new events center would allow Spring Now in its third year, the TNInvestco Kickstarter. While companies can currently Creek Ranch to double the number of events Program in 2010 allocated $200 million in offer investors advance copies of a film or – weddings, receptions and parties – the golf tax credits to venture funds with experience product in exchange for funding, they can’t course can handle now, while including a in developing new companies. The funds yet issue securities, Heiter said. culinary arts school and microbrewery. Cur- sell the tax credits to insurance companies, Heiter says the SEC has dragged its heels rently, Spring Creek Ranch, which features a Jack which in turn purchase the credits with Heiter in developing the new guidance. Nicklaus-designed golf course, hosts special capital reserves. The venture funds use that “They are concerned about fraud impli- events at its main clubhouse. extra capital to help Tennessee-based companies grow. cations. This is something they are pouring over to, quite “I didn’t design the golf course to host events Heiter, who specializes in providing counsel to emerg- frankly, make it effective but to keep the fraudsters out,” he so we had to turn a lot of people away,” Meyer ing companies, says the legislation has created opportu- said. “The concern is that if there is too much fraud, it will said. nities for firms like Baker Donelson to lend its expertise deter investors and won’t have the ultimate result they are He added that he is in the exploratory stages to help Memphis-based startups find funding and avoid hoping for in the market.” of bringing in an accredited culinary school, or common legal pitfalls. Companies from the city’s accelerator program commu- creating a culinary school and getting it accredit- That’s the focus of a free event, the Southeastern nity will be attending, including the six companies partici- ed, and creating the microbrewery, but the main Emerging Companies Boot Camp Series, the law firm is pating in the ZeroTo510 business accelerator program and idea was to maximize the potential of the new hosting on Tuesday, July 16, at Baker Donelson’s office at the four female-led startups in Upstart Memphis. special events center. 165 Madison Ave., Suite 2000. The boot camp will bring “There’s a lot of trial and error involved in launching “With the events center I said, ‘We’re not get- together entrepreneurs, capital investors, and legal and any startup,” Heiter said. “A lot of times first-timers fail, not ting the most out of this we can,’” Meyer said. accounting professionals to provide guidance on business, because they had a bad idea, but because they didn’t know The expansion would also include 16 cabins tax and legal issues faced by emerging companies across all how to plan.” and a boutique day spa. Like the new special industries. The boot camp is a good fit for entrepreneurs that are events center, members of the public, businesses “The boot camp is agnostic as to industry,” Heiter just beginning the process as well as medium-sized compa- or groups could make appointments to use the said. “When they leave the event, they will have a general nies that don’t have access to in-house corporate counsel, cabins and spa. The Shelby County Commission working understanding of the legal issues they will face in he said. is expected to vote on the project July 22. The launching a company.” “We want to give them a nurturing environment where Memphis and Shelby County Land Use Control Heiter will speak on the effective use of corporate coun- they can reassess their objectives,” Heiter said. “It’s a lot Board approved the proposal with conditions. sel and emerging trends in crowd funding. Other experts easier to do it early on than when you have investors on the Ophthalmologist David Meyer, Robb Meyer’s also will address contract basics, corporation formation, line.” father, founded Spring Creek Ranch.

Building Corporate Partnerships for Your Org

Does your nonprofit’s special communicate and interact with. They African-American educated females with metrics be? For events, what happens event help sponsors and underwriters know which communication methods incomes over $60,000 who are home- before, after and during the event? Are meet their business objectives? Do the work best with specific target markets, owners. Some businesses will want to there multiple “touch points” through benefits you offer align with the business and they have prioritized their markets. build and strengthen brand loyalty. Oth- which sponsors can engage with your au- needs of your sponsors/ underwriters? They will want to know the demograph- ers may be searching for dience? Will you provide Here are some things to consider as you ics associated with your event, program a new market. You won’t sponsors/underwriters build your corporate partnership pro- or nonprofit as a whole, so be prepared. know until you do some with the names of people gram. What do you know about the people you research and talk with attending the events they Philanthropic support can be directed serve; those attending your events; peo- those responsible for support? Are you offering by an executive within the business, ple you reach by email, social media and creating or influencing industry exclusivity? For through the community relations depart- print communications? Can you provide partnerships. example, will you engage ment, or its foundation. Marketing dollars traditionally requested information such Here’s the bot- five banks as sponsors, or MEL & Pearl shaw are typically secured from the marketing as gender, race, age, ZIP code, income, tom line: Growing a FUNdraising Good Times one bank, one Realtor, one department. Distinctions between the education and children in the household corporate partnership national retailer? two types of giving include the expected for your different constituencies and/or program requires data Most businesses know “return on investment.” Sponsorships audiences? management systems that provide ac- who they want to communicate with. from the marketing side of a business Some businesses may value the op- curate demographics, as well as staff – or They also know their demographic and need to advance the business’ objectives. portunity to sponsor intimate events that qualified volunteers – who can man- geographic markets. The question is, are Pursuing such a relationship will require provide an opportunity to participate in age the program and meet sponsor/ you a match? you learn these objectives; know your meaningful conversations with individuals underwriter expectations. Focus on your Mel and Pearl Shaw are the authors demographics; and are prepared to apply who represent their target market. Others sponsors’ needs and how your nonprofit of “Prerequisites for Fundraising Success.” creativity in creating sponsorship benefits know their ideal consumer communi- will advance their brand. Be prepared to They position nonprofits for fundraising that have meaning to your partners. cates via social media. Still others want a answer specific questions such as: How success. Visit them at www.saadandshaw. Businesses know who they want to very specific demographic such as highly will results be measured? What will the com. 12 July 19-25, 2013 www.thememphisnews.com

Transportation All Aboard MATA reviewing proposals for Central Station’s next phase

Amos Maki | [email protected]

entral Station is poised to ride “Central Station is a critical focal point Downtown’s development mo- for the South Main neighborhood,” said Cmentum into its next phase of life. Paul Morris, president of the Downtown Memphis Area Transit Authority Memphis Commission, which helped officials are now reviewing requests for MATA draft its RFP. proposals for the next round of redevelop- Morris said all the activity around ment at the iconic Downtown property. Central Station, such as residential and MATA sought proposals for an owner- retail growth, the redevelopment of the ship and management partnership along Chisca Hotel, expansion of The Orpheum with a development proposal for addi- Theatre Memphis and major upgrades at tions to the 17-acre facility that anchors the National Civil Rights Museum, should the southern side of the bustling South be attractive to developers. Main Historic Arts District. MATA would like to see development “We want to secure a developer that of the roughly five acres on the east side will take over management and op- of Front Street between G.E. Patterson erations of the facility when the current and Georgia avenues, a prime piece of partnership agreement expires in early Downtown real estate. 2015 and entertain developer ideas for “We want somebody who has proven new transit-oriented development on the experience managing a mixed-use facility vacant property on the site,” said Tom and with urban development,” Morris Fox, deputy general manager for MATA. said. Fox, citing the ongoing evaluation Lance Murphey The DMC recently launched a new process, declined to say how many firms Memphis Area Transit Authority officials are reviewing requests for proposals for the branding campaign for the neighborhood responded to the RFP but said a selection next round of redevelopment at the Central Station in the South Main Historic Arts called “Go South Main.” The campaign District. could be made early next year. has a regularly updated website, www. “We expect several months of nego- warehouses, Memphis Brewing Co., Piggly project, completed in 1999, included 63 gosouthmain.com, which features the tiations with the top-ranked developer, Wiggly’s headquarters and “Film Row” apartments and 35,000 square feet of businesses and people that have made so our best estimate at this time is early near Vance Avenue and Second Street. commercial space. Central Station hosts South Main a success. 2014,” Fox said. After Dr. Martin Luther King Jr.’s assas- the Memphis Farmers Market and houses The ambitious Main Street to Main Central Station’s death and rebirth sination in 1968 and the decline of the the Amtrak station serviced by the City Street revitalization project would stretch mirrored that of its neighborhood on the passenger rail industry, Central Station – of New Orleans train, meeting space, law from the Uptown area to South Main and southern end of Downtown. like most of Downtown, including South offices, a police precinct and MATA opera- then link up with the Harahan Bridge. Central Station for decades served as Main – suffered a steady decline. tions. The project will include streetscape, the centerpiece of the South Main district The building fell into disrepair by the The Central Station project helped utility, sidewalk, roadway and drainage after it was built in 1914, supplying the early 1990s and there were fears that it spark the rebirth of South Main into the improvements along Main, the conver- neighborhood and the businesses there could be razed like Union Station, but thriving residential, arts and entertain- sion of the existing roadways on the Ha- with a steady stream of travelers and com- MATA stepped in to guide the restoration ment district that it is today, with 34 local rahan to a bicycle and pedestrian bridge merce. and adaptive reuse of the historic build- retailers, 25 locally owned restaurants and and construction of new multiuse trails South Main became a thriving com- ings and surrounding property. more than $100 million in development connecting the bridge with new Broadway mercial and industrial district with The Central Station redevelopment projects underway or about to start. Avenue improvements in West Memphis.

Government County Tax Rate Doesn’t Get Past Budget Committee

Bill Dries | [email protected]

helby County Commissioners could the same amount of revenue for county Roland said he would vote against other ers that County Attorney Kelly Rayne has not find enough votes in commit- government as the current tax rate taking plans as a vote “against the process.” advised him no matter what tax rate is set, Stee sessions Wednesday, July 17, for into account the property value lost in the “Forgive me for trying to work with the county cannot change the amount a county property tax rate that had any 2013 property reappraisal. you and compromise,” he said. “I see it’s of funding for the consolidated school chance of passing before the full commis- Roland had previously favored keep- either all or none.” system in the already approved county sion next week. ing the tax rate at $4.02. But he said Luttrell urged the commission to move budget for the fiscal year that began July 1. In the committee session Wednesday, Wednesday his proposal was an acknowl- ahead with the $4.38 tax rate he proposed The county provides $20 million in 12 of the 13 commissioners were present. edgement that his position probably that the commission voted down on third new funding for the merged school dis- But a proposed $4.32 tax rate from didn’t have seven votes. Commission and final reading earlier this month. But trict in the budget plan. Commissioner Terry Roland only got two chairman Mike Ritz indicated he was that only got four votes in committee. The budget with the schools fund- votes. Roland proposed the certified tax ready to support Roland’s plan because The $4.38 proposal goes to the full ing was not only approved by the County rate without a 6-cent tax hike proposed by he didn’t believe the $4.38 rate had seven commission Monday with a negative Commission, the level of schools fund- Shelby County Mayor Mark Luttrell. votes either. recommendation from the budget com- ing was also accepted by the countywide The certified tax rate sets the tax rate When only Roland and commissioner mittee. school board, making the action final, at the amount it is estimated will produce Steve Basar voted for the $4.32 tax rate, Meanwhile, Luttrell told commission- according to Rayne. www.thememphisnews.com July 19-25, 2013 13

Government Council Grapples With Attrition Plan Reality

Bill Dries the fire station on Danny Thomas acknowledged again Tuesday [email protected] Boulevard north of Chelsea that his options for dealing with Avenue, council members con- the same headcount drop of 300 very version of a city sidered briefly Tuesday, July 16, city employees through attri- budget the Memphis City using $1.1 million from the $48 tion include closing three police E Council and Mayor A C million city reserve fund to keep precincts. He was more specific Wharton Jr. considered in June the station open. Tuesday about the timing, saying included a plan to lose 300 city “I’ve seen smaller crowds the closings of Mount Moriah, employees through attrition for affect larger change than this,” Ridgeway and Old Allen stations long-term savings toward meet- said council member Lee Har- are options for the next fiscal ing rising future debt obligations. ris, whose district includes the year. The closings would cause But the council is now grap- firehouse. police brass to redraw district pling with the effects of that deci- The council dropped the idea lines for the remaining precincts, sion that no one on the council after Wharton agreed to keep Fire a reconfiguration Armstrong just spoke against. Station No. 6 open at least until implemented starting this year as Bill Dries How many city employees Labor Day. During that time, the Police Director Toney Armstrong, from left, Memphis Mayor A C he sought to make the precincts to lay off and what property tax administration and council will Wharton Jr. and Fire Director Alvin Benson face budget questions. more equal in terms of the calls rate to set were the questions the explore ways to keep it open. for services they respond to. council debated during a nine- The closing was part of a plan abandoned here,” council mem- But Wharton and Benson Armstrong also confirmed hour council session in June. by Benson that is a reaction to ber Shea Flinn said during the warned that using the reserve that he will not form any police The grappling began this the council’s approval of losing committee session. funding would just put the city academy classes or promotions month when Memphis Fire Di- 300 jobs across city government But council member Joe back in the same spot in the next during the current fiscal year as rector Alvin Benson announced through attrition during the fiscal Brown proposed using money fiscal year. part of the budget cutting mea- he would close Fire Station No. year that began July 1. from the city’s reserve whose de- Council member Reid Hedge- sures. But the administration isn’t 6 in North Memphis as soon as Benson told the council that pleted status drew the attention peth was among those warning counting that as a savings over possible as a result of the attri- the closing would not be at the and criticism of the Tennessee against the use of reserves. several years because eventually tion plan. It continued days later expense of public safety. But he comptroller’s office. Comptroller “What will the comptrol- Armstrong will hire and make when Memphis Police Director said the response time for calls in Justin Wilson threatened in May ler think if three weeks into our promotions in the department. Toney Armstrong said his list of the area could lag but would be to take measures to replenish the budget year we are already taking His hope is that he can resume last-resort options included clos- within acceptable public safety fund if the city did not. money from our reserves?” he both processes in the next fiscal ing several police precincts. standards. He also noted there “We’re only talking about $1.l asked. “We know we’ve got issues year because of retirements of With a committee room filled are three firehouses within a mile million coming out of reserves,” after next year with reserves. We police officers that are mostly with more than a dozen North and a half of Fire Station No. 6. Brown said. “That’s not a lot of cannot continue to do this.” coming in the ranks of supervi- Memphis residents who live near “It’s not like anyone is being money.” Meanwhile, Armstrong sors. 14 July 19-25, 2013 www.thememphisnews.com

Health Care & Biotech Methodist University Begins Emergency Department Expansion

Jennifer Johnson Backer | [email protected]

ethodist University Hospital has black residents having rates of non-urgent begun construction on a $33.5 and primary-care sensitive visits per 1,000 Mmillion expansion and renova- people more than three times that of white tion of its emergency department. Shelby County residents. Jamie Carter, interim CEO for Method- Other emergency department expan- ist University Hospital, said the aging facil- sions also are underway in Shelby County. ity isn’t large enough to accommodate the Last week, Baptist Memorial Health Care hospital’s growing number of emergency Corp. broke ground on a $14.1 million department visitors. pediatric emergency department at Baptist He estimates the Methodist Univer- Memorial Hospital for Women that will sity Hospital emergency department was open in spring 2015. The move is the originally built to handle roughly 30,000 second phase of a long-term plan to transi- to 40,000 visitors per year. According to tion pediatric services across campus from Methodist University Hospital data, emer- Baptist Memorial Hospital-Memphis to gency department visits grew 21.2 percent Baptist Memorial Hospital for Women. to about 57,000 visits in 2011, compared Methodist Le Bonheur Germantown to 47,000 visits in 2007. The renovated and Hospital also is in the midst of an expan- expanded emergency department will be Methodist University Hospital sion that will add an additional 4,000 able to treat up to 70,000 patients annually. The renovated and expanded emergency department at Methodist University Hospital square feet to the existing emergency The new emergency department will be able to treat as many as 70,000 patients annually, up from 30,000 to 40,000. department. The expansion will add a entrance on the Eastmoreland Avenue second floor above the emergency depart- side of the hospital will become the main care delivered by primary care physicians emergency department visits because ment to add space and allow room for entrance to the hospital. The completed to keep patients with chronic, rather than they believe they can get high-quality future expansion. Hospital officials say two-story emergency department will acute conditions, out of emergency rooms. care without waiting for an appointment. the Methodist Le Bonheur Germantown add 93,000 square feet of new space, in An August 2012 report published by Studies show these non-urgent emergency Hospital emergency department renova- addition to 6,200 square feet of renovated Cyril Chang, a professor of economics department visits contribute to overcrowd- tion and addition will take 10 to 11 months space. Total patient treatment areas will and director of the Methodist Le Bonheur ing and place both financial and logistical to complete. grow to 54, compared with 38 in the origi- Center for Healthcare Economics at the burdens on hospitals. Methodist University Hospital’s Carter nal structure. University of Memphis highlighted the Shelby County residents made some says the hospital’s expanded two-story The project was approved by the problems associated with the non-urgent 176,933 non-urgent emergency depart- emergency department will also be able to Tennessee Health Services and Develop- emergency department use in Shelby ment visits in 2009, according to Chang’s accommodate future growth and renova- ment Agency last fall and is expected to be County and Tennessee. Non-urgent visits August 2012 report. Non-urgent visits tions of the medical center’s acute care completed next summer. do not require immediate medical care made up about 52.1 percent of the total treatment rooms. Emergency department rooms have within 12 hours and can be treated at a 339,288 emergency department visits that “The new front that opens off Bel- continued to grow at Methodist Univer- clinic or doctor’s office. year, state data show. levue will allow us to expand upward as sity Hospital and Shelby County despite Many local hospital emergency depart- The University of Memphis report also well when the time comes,” he said. “With the national health care overhaul. The ments have become a last resort provider pointed out significant racial and ethnic where we are located on this city block, Affordable Care Act is designed to place of primary care for people who cannot disparities in non-urgent and primary- that’s our only option for replacing acute an emphasis on expanding preventative afford health care. While others rely on care sensitive visits in Shelby County, with care beds in the future.”

health care & biotech Obama Talks Up Health Care Rebates

Darlene Superville | The Associated Press

ASHINGTON (AP) – 80 cents of every dollar on medi- states, ahead of the law’s require- January 2011. Senate Republican the House to roll back the law, Disputing Republican cal care or quality improvement, ment that most Americans obtain leader Mitch McConnell said saying he’s willing to consider Re- Wcriticism of his health or refund the difference. That’s health insurance, are anticipat- the free money sounds great but publican ideas but that he hasn’t care plan, President Barack the $500 million consumers ing lower premiums because of won’t remove the sting of new heard any. Obama said Thursday the law are getting in rebates averaging health insurance marketplaces health care taxes that will begin Republicans say the law is working and cutting costs for about $100. For Americans who that are being set up under the costing consumers next year. is unworkable and must be consumers with insurance com- get insurance through their work, law so consumers can compari- “Jacking up our constituents’ repealed, arguing it will hurt the pany rebates and the promise of the rebates go to their employers son shop for the coverage. health care costs is bad enough, economy and force employers to lower premiums. to be refunded or used to lower Among those states are Cali- but to try to then convince them cut much-needed jobs. They say At a White House event, premiums. fornia, Oregon, Washington and the opposite is happening - that proof that the law is unworkable Obama drew attention to $500 “If they’re not spending New York. they’ve actually won some Pub- lies in the administration’s recent, million in rebates going to nearly your premium dollars on health Obama made his pitch a day lishers Clearinghouse sweep- unexpected decision to delay 9 million people under a provi- care, they have to give you some after the Republican-controlled stakes, well, it’s just as absurd as for one year, until after the 2014 sion of the law he said is holding money back,” said the president, House voted for the 38th time to it sounds,” the Kentucky senator elections, a requirement that insurance companies more ac- appearing with a group of health eliminate, cut funding or scale said on the floor of the Senate. businesses with 50 or more em- countable to their customers. care consumers in the East Room. back the 3-year-old law since the Obama dismissed the Repub- ployees provide them with health Insurers must spend at least Obama also noted that some GOP took control of the House in lican criticism and the efforts in care coverage or pay a penalty. www.thememphisnews.com July 19-25, 2013 15

Health Care & Biotech Advisory Board to Examine Health Needs

Jennifer Johnson Backer | [email protected]

r. David Stern, executive on patients who need recon- will help identify ways the The 18 high-profile advisory includes: David Levine, busi- dean of the University of structive surgery or who have College of Medicine can ness consultant and former board members bring a DTennessee Health Science craniofacial abnormalities and address heart disease, dia- chairman and CEO of Resort- Center College of Medicine, has birth defects. Those specialties betes, high blood pressure broad range of experience Quest International; George launched a unique effort to ad- are more likely to find a home at a and other debilitating health ranging from tourism and Alvord, retired CEO of Lenny’s dress community health needs in medical school, he said. conditions that are common marketing to education, Corp.; Ron Belz, chief operat- Memphis. Levine, who has agreed to in Memphis and the Mid- banking and nonprofit ing officer of Belz Enterprises; “It’s my belief that a medical serve a three-year term as the South. Don Colleran, executive vice school has a very unique opportu- board’s first chairman, said he’s “I’d like to bring more management to the table. president for global sales and nity to interact with the commu- encouraged that Stern wants to clinical trials to the area solutions, FedEx Corp.; Ken nity,” Stern said. “I consider our build upon existing outreach that study some of the key Glass, retired chairman and community to be a very important programs to improve overall reasons we have such a high CEO of First Tennessee Bank; laboratory – it is an underserved, community health and wellness burden of stroke and diabetes tify how the College of Medicine Rabbi Micah Greenstein, senior minority community that is in ill in Memphis. and heart disease,” Stern said. can be a better and bigger part of rabbi of Temple Israel; Estella health. The biggest contribution “He’s trying to get medical “Health disparities are a big issue the community,” he said. Greer, president and CEO of the we can make is to move the need students and residents engaged in Memphis. The medical school The community advisory Mid-South Food Bank; Pat Hol- on overall community health and in providing health care in the is going to devote its resources to board convened for the first loran, president and CEO of the to develop new methods that we community in the hopes that clinical research, community out- time earlier this month. The next Orpheum Theatre; Bob Hester, can apply to other communities they will continue to do that reach, and educational initiatives meeting is scheduled for late senior partner, Deloitte and like Memphis.” when they move on,” Levine said. and also really embedding the September. The board also will Touche; Kevin Kane, president Stern, who moved to Mem- Levine said the community medical school in the community form individual committees that and CEO, Memphis Convention phis in 2011 to serve as the chief advisory board also hopes to in a way that makes the school will focus on key areas and an and Visitors Bureau; McNeal academic and administrative of- create better brand awareness relevant in the community.” executive committee. McDonnell, co-owner and chief ficer responsible for the College of for the College of Medicine and Ken Glass, an advisory board “I thought by meeting people manager, Brussels Bonsai; John Medicine campuses in Memphis, to improve the recruiting process member who also is the retired from different sectors of this Moore, president and CEO, Chattanooga and Knoxville, has to attract top medical talent to chairman and CEO of First community, I could better under- Greater Memphis Chamber; Ron formed the first ever community Memphis. Tennessee Bank, says the board stand how to make the medical Pope, director, student engage- advisory board for the UTHSC “There are these statistics hopes to identify gaps in medi- school positively impact the com- ment, Memphis City Schools; College of Medicine. about Memphis on the Internet cal services and care, but also munity,” Stern said. “The medical Mearl Purvis, evening anchor, The 18 high-profile advisory that show Memphis is not a safe find innovative ways to make the school needs to meet community Fox 13 News; Jill Steinberg, at- board members, including Shelby city – so we need to enhance College of Medicine play an even needs and to provide an out- torney and shareholder, Baker, County Mayor Mark Luttrell and the recruiting process and help bigger role in the Memphis com- standing venue for training future Donelson, Bearman, Caldwell & Memphis Mayor A C Wharton spouses find employment as munity. doctors.” Berkowitz PC; Wharton; Luttrell; Jr., bring a broad range of experi- well,” he said. “This is a dean that is bringing The first UTHSCH School and state Senate Majority Leader ence ranging from tourism and The new advisory board also more resources together to iden- of Medicine Advisory Board Mark Norris. marketing to education, banking and nonprofit management to the table. David Levine, a business con- sultant who is the former chair- man and CEO of ResortQuest In- Quarterly Report: Bankruptcies ternational, was selected to serve as the board’s first chairman. Stern, who relied on a similar community advisory board when Q2 Bankruptcies up 2.3 Percent he was dean of the University of Cincinnati College of Medicine, said he asked Levine to help him Jennifer Johnson Backer lated in late 2012 during the holiday season to 4,523, compared with 4,567 during the assemble a group of Memphis [email protected] must be paid or liquidated to judgment. Tax same period last year. leaders to help identify communi- refunds also only stretch so far, he said. Chapter 7 bankruptcies, typically filed ty health needs, educational, clini- he second quarter of 2013 showed “More foreclosures are set and advanced by the most hard-pressed debtors, climbed cal and economic development a slight boost in West Tennessee to a conclusion in the first and second quar- 8.9 percent to 798 during the three-month opportunities and other ways that Tbankruptcy filings as consumers ters of the year,” Clift said. “Combine all period, compared to 733 during the same the College of Medicine can better who couldn’t pay off debt accumulated in these factors with unexpected medical bills, year-earlier period. April saw the most serve the Memphis community. late 2012 filed for bankruptcy. All chapters a job loss, reduced hours by an employer, Chapter 7 filings with 311, while June re- “In the clinical sense, it’s very combined – Chapters 7, 11 and 13 – climbed or a divorce, and the inevitable result is an corded 250, and May saw 237. important to me that the medi- to 3,164 Shelby County bankruptcies for the increase in bankruptcy filings.” Year to date, filings for Chapter 7 bank- cal school meets the needs of the three-month period ended June 30, up 2.3 The U.S. Bankruptcy Court for the ruptcies climbed to 1,653, compared with community that other private percent from 3,093 bankruptcies filed dur- Western District of Tennessee has offices in 1,571 during the same period last year. physicians may not be filling,” ing the same three-month period in 2012, Memphis and Jackson. But the data in this “While the number of consumer bank- Stern explained. “There are gaps according to The Daily News Online, www. report include only ZIP codes within Shelby ruptcies is up slightly, it is positive that the in care in some cases – that might memphisdailynews.com. County. The data measure the number of cases filed under Chapter 13, where debtors mean physicians don’t have skills Overall, April had the most filings with bankruptcies filed by Shelby County debt- are attempting to repay their creditors, in certain specialized areas … or 1,100, followed by 1,045 in June and 1,019 in ors in local bankruptcy court. continues to greatly outnumber those cases it could be a new technique or May. Year to date through June 30, bank- Chapter 13 bankruptcies, which involve filed under Chapter 7, which provide little technology.” ruptcy filings for all chapters combined a court-ordered debt repayment plan, or no payment to creditors,” said Frank Stern said he hopes to climbed to 6,195, compared with 6,156 dur- were little changed and totaled 2,362 in the Childress, a shareholder with Baker, Donel- continue recruiting and hiring ing the same six-month period last year. second quarter, up less than 1 percent from son, Bearman, Caldwell & Berkowitz PC. physicians that have specialized Spencer Clift, a shareholder and at- 2,351 a year earlier. June saw the highest Childress said Memphis and the state skills that aren’t already found in torney with Baker, Donelson, Bearman, number of Chapter 13 filings in the county of Tennessee is one of the few jurisdictions Memphis. There is no shortage Caldwell & Berkowitz PC in Memphis, said with 792, while April had 789 filings, and where Chapter 13 filings exceed Chapter 7 of plastic cosmetic surgeons, for it’s common to see a slight bump in bank- May had 781. liquidation cases. example, he said, but not enough ruptcy filings at the end of the second quar- For the six-month period ended June Chapter 11, or reorganization bankrupt- surgeons who are willing to work ter. That’s because credit card debt accumu- 30, Chapter 13 bankruptcy filings dropped cy filings, fell to four in the second quarter. 16 July 19-25, 2013 www.thememphisnews.com

sports

SEC Media Day SEC Seeks to Prolong Football Dominance League looks for eighth straight BCS title, more Top 10 finishes and another Heisman winner

Don Wade | Special to The Memphis News Mike Slive, Commissioner of Southeastern Conference (AP Photo/Dave Martin)

HOOVER, Ala. – There is no effort at denial. Nor should there be or could there be. Southeastern Conference Commis- sioner Mike Slive began his annual ad- dress at football media days by mention- ing his “annual brag bag” and then spilled the entire contents while barely taking a breath: “In the sport of football, the SEC won its seventh straight BCS national cham- pionship, finished the regular season with six teams ranked in the top 10 – the first conference to accomplish the feat in the history of college football – set a record with 63 NFL draft picks, more than double that of any other conference, and an SEC football player was awarded the Heisman Trophy for the fourth time in the last six years.” And with that, the tone was set. While there might be a few holdouts debating whether coach Nick Saban and Alabama have a dynasty going with three national championships in the last four years, there is no debate that Slive presides over the most dominant football conference in the land. “The SEC is definitely No. 1; no disre- Mississippi State and a BBVA Compass ton’s best time is a 4.34. spect to any other conference,” said Mis- Bowl win over Pittsburgh. But it was a “I look at him as a pit bull chasing souri wide receiver L’Damian Washing- season in which the same five offensive you,” Ellington said. “You gotta get away ton, whose Tigers stumbled through a 2-6 linemen started every game. The receiv- from him.” conference season last year after moving ers and defensive linemen stayed healthy, That’s also not a bad description of from the Big 12. “The SEC has proven it too. Fortune was mostly a friend. those expectations that Freeze men- with so many championships in a row.” “The expectations that are coming tioned, for they are always nipping at The league’s fans are known for now with our program, I’m very careful,” the heels. Four coaches are starting their chanting “SEC, SEC, SEC!” And not just Freeze said. “I told every group that I first season at the helm: Bret Bielema at at the end of the national title game, but went to this spring, I tell our team quite Arkansas, Gus Malzahn at Auburn, Mark as other bowl games won by SEC teams often, that unrealistic expectations, they Stoops at Kentucky and Butch Jones at are winding down. There is a pride that always produce frustration.” Tennessee. A year ago, those schools went hangs in the air that’s as thick as cotton A league-wide frustration: trying to a combined 3-29 in the SEC. and as automatic as Sabanmetrics (focus block South Carolina’s 6-4, 274-pound But that doesn’t mean they get a free plus process, minus distractions and Jadeveon Clowney, 2012 Hendricks Award pass in 2013. The Vols, for instance, have smiles, equals championships). winner as the nation’s top defensive end, lost eight straight to Florida and have not “I was rooting for Alabama in the and author of the “The Hit” last season beaten Alabama since 2006. Once, these national championship game,” admitted vs. Michigan. Although it was just one were games for Vol Nation to anticipate Florida quarterback Jeff Driskel. play, it was a play that crystallized the and not dread. One important distinction: Neither tough, physical style that sets the SEC “In order for us to make those rivalry the Florida quarterback nor any other Tennessee coach Butch Jones begins his apart from the annually disappointing games, we have to get back to being rel- first year in the SEC, along with fellow coach or player from a rival SEC school newcomers Bret Bielema at Arkansas, Gus Big Ten and every other league. evant and winning those football games,” is saying he is ready to root for Alabama Malzahn at Auburn and Mark Stoops at Quarterbacks aside, Clowney could be Jones said. in the next national title game. No one is Kentucky. A year ago, those four schools the best league’s best player. His coach, Not that the outside college football ceding anything. Not yet. went a combined 3-29 in the SEC. Steve Spurrier, describes him as a “dis- world will be waiting. The focus always AP Photo/Dave Martin What coaches are trying to do, even ruptive player” for opponents. But that’s lands on the seven straight national before the calendar flips to August, is po- bama, Texas A&M and LSU. about like calling a hurricane a disrup- championships. Mark Stoops’ brother, sition their prospects for success within In his first year as head coach at Ole tive weather pattern. Despite his size, Bob, long-time Oklahoma coach, was the boundaries of reality – especially if Miss, Hugh Freeze oversaw a 7-6 season Clowney has run a 4.46 40-yard dash. their teams share the SEC West with Ala- that ended with an Egg Bowl victory over Gamecocks wide receiver Bruce Elling- sec media day continued on P29 www.thememphisnews.com July 19-25, 2013 17

sports

Johnny Football Frenzy Knows No Bounds

HOOVER, Ala. – This being SEC Media Being dismissed from the Manning holes in his story. Days and him being Johnny Football, the Passing Academy? Well, that was just On Wednesday while Manziel did blitz was inevitable. plain rude (at least that’s how it plays one of his interviews in the far corner of The reigning Heisman Trophy winner, publicly). Even though Peyton Manning is a huge hotel ballroom, surrounded by Texas A&M quarterback Johnny Manziel on record as saying that he, father Archie a couple hundred reporters straining moved from room to room while grown to hear “overslept” just one more time, THE PRESS BOX and brother Eli want Manziel to return men and women toting microphones, DON WADE next year. teammate and offensive lineman Jake cameras and tape recorders pursued “There’s no question he’s made Matthews, son of Pro Football Hall-of- him like so many bad actors fulfilling the be too small and too young. He can’t top some mistakes,” said Aggies coach Kevin Famer Bruce Matthews, was asked clichéd media moment in a made-for-TV what he did on the field. Sumlin. about the nearby circus. movie. So now, the deepening narrative is What actually happened this time? “Y’all need to give me a nickname,” They shouted questions that landed that he will pull a Mark Sanchez off the Asked a million different times and in Matthews said with a laugh. like off-key echoes from a press con- field – essentially butt-fumble his future different ways here at SEC Media Days, Jake Football? Anyone? ference in Washington, where political into a never-never land where the sad Manziel said: “I simply overslept. There’s “We’re definitely different people,” reporters might have been asking the stories of Ryan Leaf and Todd Marinovich nothing more and the rumors about the Matthews said. “You’re not gonna see president about tensions in the Middle are on a loop. other things really weren’t true.” me doing any of the stuff he does. I’m East, about Iran’s nuclear capability, Cell phone pictures capturing Asked if he was hung over, Manziel a little more of a laid-back guy. But like about any number of things of greater Manziel celebrating at a nightlight club said “absolutely not.” He also expressed I said, I’ve got all my faith in Johnny. He consequence than why Johnny Football after Texas A&M’s Cotton Bowl win back the desire to just be a “normal college loves playing so much, puts so much missed meetings at the Manning Passing in January, well, that was a bit careless. kid” and have fun. Meantime, his father pressure on himself, wants to be the Academy last weekend. Pushing a graduate assistant during a put it out there that he was sick and best. I know that he wouldn’t do any- But make no mistake: Johnny scrimmage was bad form. Getting arrest- suffering from dehydration. And Johnny thing to mess that up.” Football off the field will continue to be a ed last summer and pleading guilty to a Football seemed vague on whether But if he does, or even comes bigger story than Johnny Manziel on the misdemeanor in the case this summer his phone wasn’t turned on or wasn’t remotely close, we’ll be sure to let you field. It has to be. He won the Heisman for failing to properly identify himself to charged or his alarm wasn’t set (the know. as a freshman and became the first police after a fight is a smudge (no more, Manning camp couldn’t reach him when Don Wade’s column appears weekly SEC player to reach 5,000 yards in total no less) on his record. Tweeting that he he didn’t show). Small points, but more in The Daily News and The Memphis offense (3,706 passing, 1,410 rushing, was ready to get out of College Station than enough to keep Johnny Football a News. Listen to Wade on “Middays with 5,116 combined). Plus, he’s all of 6-1 and might be forgiven by Aggies fans but punch line in the court of public opinion Greg & Eli” every Tuesday at noon on maybe 200 pounds. He was supposed to never forgotten. if you want to put your fist through the Sports 56 AM and 87.7 FM.

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cover story Change Of Scenery

more and more of this type of activity coming back. It’s starting to pick up again Commercial real and that’s a good sign.” The Super Submarine Shop and estate mainstays novelty store Whatever – both institutions on Highland Street near the University of prepare for Memphis – could soon be replaced by a new McDonald’s store. transformation A site plan submitted to the Memphis and Shelby County Office of Planning and Development by SR Consulting LLC said the new restaurant would be constructed Amos Maki | [email protected] at the southeast corner of Highland and Southern Avenue with a double drive- through. The site plan shows a picnic area fter spending years or and bicycle parking places, and the new decades in their current store would replace a nearby McDonald’s form, longtime staples of on Highland. the local real estate scene Cindy Reaves of SR Consulting said The former U.S. Post Office building on Union Avenue is in the midst of being redeveloped. Baptist Memorial Health Care Corp. purchased the site for $1.3 million in March. are about to disappear or she has been working with neighborhood Baptist Medical Group, the physician unit of Baptist Memorial Health Care, is turning the 11,470-square-foot building into a primary care center. undergo major changes groups on revising the site plan and that Athat will forever alter the city’s built land- the project is set to appear before the scape. Memphis and Shelby County Land Use representatives have said their inten- ficials put the price tag of renovating the Many of the projects focus on the Control Board in August. The Submarine tions are to demolish the building, a building at around $18 million, far below adaptive reuse of buildings – and even Shop is moving to 3316 Summer Ave., three-story, wood frame structure that is the previous estimate of $40 million. The entire districts, such as Overton Square – while Whatever has planned on moving commercially zoned and sits on 1.2 acres $18 million figure is for renovation costs and the further development of existing across the street into the former home of at Union between Kimbrough and Cleve- and doesn’t include costs that would be commercial real estate. the Double Deuce. land streets, but they haven’t revealed related to a move. The signs of change are all around, Meanwhile, the former U.S. Post how they plan to redevelop the property Memphis Mayor A C Wharton Jr. said from Downtown to Midtown to East Office building on Union Avenue is in other than saying they intended to raze the city could move police functions from Memphis. the midst of being redeveloped. Baptist the building. the Shelby County Criminal Justice Center “It’s just people getting creative with Memorial Health Care Corp. purchased The Union Group’s plans have re- at 201 Poplar Ave. and relocate other pub- their real estate,” said Danny Buring, the site for $1.3 million in March. mained a mystery that has been tied up lic safety functions that are spread across managing partner of The Shopping Cen- Baptist Medical Group, the physician in court after the company was cited by the city in leased spaces. ter Group LLC. unit of Baptist Memorial Health Care, is the city for owning a dangerous building. In East Memphis, a much newer “People for years have been scouring turning the 11,470-square-foot building On July 10, the Union Group submitted a staple of the corporate real estate scene is these streets and saying, ‘Is that really into a primary care center. demolition plan to the court but Gen- undergoing a major transformation. the best use there?’” said Buring. “As the “This location will allow Baptist to en- eral Sessions Div. 14 Judge Larry Potter Highwoods Properties Inc. is devel- market continues to strengthen, we’ll see hance patient convenience by providing prohibited the company from moving oping two upscale restaurants – Capi- an additional point of access for patients forward with demolition for two weeks tal Grille and Seasons 52, concepts by in the Midtown and Downtown area,” said while attorney Webb Brewer investigates Orlando, Fla.-based Darden Concepts Inc. Jason Little, executive vice president and if the sale was legal. Brewer said he had – at the Crescent Center, long considered

Lance Murphey Lance chief operating officer for Baptist Memo- been contacted by a member of the club one of the city’s premier office buildings. rial Health Care, in a statement. who protested the sale and that it was his Darden is building the restaurants, which Change comes in many forms, includ- understanding the entire membership of will be owned by Highwoods, as property ing the wrecking ball. That appears to be the club was required to vote on the sale, outparcels. the fate of the Nineteenth Century Club not just the executive committee, for it to Buring said developers and other building on Union Avenue, whose current be legal. businesses were increasingly taking owners have said they intended to raze While the Nineteenth Century Club’s second looks at existing developments the historic but decaying property at 1433 fate could be sealed, another historic and properties in an effort to maximize Union Ave. building is being given new life. potential. The Nineteenth Century Club The James Lee House in Victorian Vil- “The value a lot of times is not on the was built in 1907 by Rowland Jones, lage is being transformed into a bed-and- improvements that are currently there, a Memphis lumber king. In 1926, the breakfast inn. The city transferred the the value is in the land,” Buring said. 15,813-square-foot house that is listed on long-dormant property to Jose Velazquez Nearby, work will soon begin on a the National Register of Historic Places and his company, which plan to invest fourth International Paper office tower was acquired by the Nineteenth Century around $2 million in private capital to at the company’s East Memphis campus. Club, a philanthropic women’s organiza- reconstruct the antebellum home. In March, Highwoods signed a deal in tion. Another stately but unused building is which the real estate investment trust will The Union Group LLC won a com- being eyed for reuse. The city of Memphis deliver a $56.1 million build-to-suit tower The wrecking ball is likely coming to the petitive bidding process in January, is considering consolidating public safety for Memphis-based International Paper. Nineteenth Century Club building on Union Avenue, whose current owners have beating out a group that offered $350,000 functions into the old police headquarters Perhaps the two biggest changes of all said they intended to raze the historic and wanted to turn the property into a at 128 Adams Ave. are happening in Midtown – the redevel- but decaying property at 1433 Union Ave. women’s business center. Union Group A recent cost estimate given to city of- opment of Overton Square and the Sears www.thememphisnews.com July 19-25, 2013 19

cover story Brian Johnson Brian Johnson

The Super Submarine Shop and novelty store Whatever – both institutions on Highland Street near the University of Memphis – could soon be replaced by a new McDonald’s store.

Highland Street will undergo a facelift at Southern Avenue near the university

Crosstown building. new life to surrounding neigh- decade later. Leaders of the Crosstown borhoods and Midtown as a The $180 million project – Development Project are seek- whole while creating nearly 900 which features $155 million of ing to redevelop the giant 1.5 jobs and $1.5 million in sales tax private money and $25 million million-square-foot Sears build- revenue. Sears built 10 similar in philanthropic gifts – includes ing constructed in 1927 through catalog and distribution centers ALSAC (the fundraising arm of arts, education and health care. across the country and four St. Jude Children’s Research Hos- The plans also include a mix of have been repurposed to great pital), Crosstown Arts, Gestalt market rate and affordable rental fanfare. Community Schools, Memphis units plus retail at the 86-year- The hulking building has Teacher Residency, Methodist old building. been empty for years. The retail Le Bonheur Healthcare, Church Supporters say a repurposed store closed in 1983 and the dis- The former U.S. Post Office building on Union Avenue is in the midst of being redeveloped. Baptist Memorial Health Care Corp. purchased the site for $1.3 million in March. Baptist Medical Group, the physician unit of Baptist Memorial Health Care, is turning the 11,470-square-foot building into a primary care center. Crosstown building would give tribution center was shuttered a change continued on P29

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ECONOMY Quarterly Report: Permits Bernanke: ‘Transition Period’ Congress Shelby County homebuilding stagnates in second quarter Must Act Fed chairman says government can help U.S. economy

Martin Crutsinger The Associated Press

ASHINGTON (AP) – Fed- eral Reserve Chairman Ben WBernanke said Thursday that Congress could do more to help the U.S. economy this year but instead has focused on reducing the federal deficit. During his second appearance before lawmakers this week, Ber- nanke told the Senate Banking Com- mittee that the Fed’s low interest rate policies have carried “an awful lot of the burden” to drive economic growth. Fed officials would have been very happy to “share that bur- Memphis News File/Lance Murphey den” with Congress, he added. Samuel Ibarra works on a home at Woodlands of Cordova by Regency Homebuilders. Building activity remained un- The Fed chairman made the changed in the second quarter compared to the same period last year. comments only after Sen. Bob Cork- er, R-Tenn., prodded him to evaluate Congress’s role in supporting the Amos Maki | [email protected] economy after the recession. Residential Building Permits, Q2 2012-2013 Bernanke said lawmakers have Q2 2012 Q2 2013 % Change 2012-2013 spent too much energy on imple- he number of permits pulled by Number of Permits 269 269 0% menting tax increases and spending homebuilders in the second quar- Average Square Footage 3,140 sf 3,360 sf 7% cuts when the economy was growing ter was flat with the same period T Average Value $235,097 $279,967 19.1% only modestly. Those actions could last year. end up reducing economic growth Shelby County homebuilders filed by 1.5 percentage points this year, 269 permits during the second quarter of Homebuilders with highest number of building permits, Q2 2013 he has said. But Bernanke said it was 2013, the exact same number they filed in Builder # Permits avg. Sq. Ft. avg. Permit Value not the Fed’s role to threaten to raise the second quarter last year, according to Regency Homebuilders LLC 65 2,982 sf $223,077 interest rates or take other actions real estate information company Chan- Charles Morgan of Vintage Homes LLC 23 2,680 sf $180,852 if Congress did not follow more ap- dler Reports, www.chandlerreports.com. Karen Garner of Magnolia Homes 19 4,904 sf $356,473 propriate policies. Don Caylor of Summerset Homes “I don’t think it’s my place or the Inc. said the market has improved since *Among residential permits for which a builder was listed Source: Chandler Reports, www.chandlerreports.com Federal Reserve’s place to try to force the darkest days of the recession passed, Congress to come to any particular but a host of issues – including regula- 2008. We didn’t have anything optimistic was Charles Morgan of Vintage Homes outcome,” Bernanke said. tory roadblocks, rising material costs, to talk about in 2007 and 2008.” (23; 2,680; $180,852) and Karen Garner of Corker said Congress has grown a shrinking number of lots, increased While the number of permits was flat Magnolia Homes (19; 4,094; $356,473). too dependent on the Fed’s efforts labor costs and stricter lending practices when compared to last year, the average The ZIP codes notching the most to drive growth, instead of taking – continue to present challenges for local permit measurement and price increased. permits in the quarter were Collierville’s action to help. Sen. Tom Coburn, R- builders. The average permit in the second quarter 38017 (63: 3,575; $241,858) and Arling- Okla., was even blunter. “We think we’re behind in the number measured 3,360 square feet and $279,967, ton’s 38002 (52; 3,647; $241,858). “We have let you down,” he told of houses we need to be building, but increases from 3,140 square feet and Active subdivisions during the quarter Bernanke. “The kindergarten of Con- we’re climbing our way back to where we $235,097 in the second quarter of 2012. were Wolf River Ranch in Collierville’s gress has let you down by not doing need to be,” said Caylor, president of the Caylor attributed the size and value 38017 (24; 4,043; $370,021), Kensington the things to create confidence in Memphis Area Home Builders Associa- upticks to rising costs for materials and in Arlington’s 38002 (14; 2,950; $188,963) the business community.” tion. “We’re having to find ourselves again supplies, labor and transportation. and Wesley Forest in Westwood’s 38109 Most of Bernanke’s comments and figure out where the market is. “That is not profit going to the build- (14; 1,391; no price listed). about Fed policy were in line with “We literally woke up one morning ers, I can assure you of that,” Caylor said. Builders sold 228 new homes during testimony he gave to the House and people had turned the lights off on “That is all costs.” the second quarter, averaging $261,642 Financial Services Committee. Ber- business. Things are a lot different today.” Caylor and Glays said costs could and totaling $59.6 million. Regency nanke said the Fed’s efforts to boost Year to date, Shelby County home- continue to rise as the number of avail- Homes led the way in sales, with 53 aver- the economy remained tied to the builders have filed 474 permits, a slight able lots, especially cheaply priced lots aging $227,425 and totaling $12 million, job market’s health and inflation. increase from 469 permits filed for the acquired from banks that had foreclosed followed by Grant Homes with 25 sales There is no “preset course” for the same period in 2012. on a property, continued to dwindle. averaging $232,446 and totaling $5.8 mil- Fed’s $85 billion-a-month bond-buy- MAHABA executive director Don “Banks have been unloading those lion. ing program, he said. Any change Glays said builders were “cautiously opti- lots and doing it at bargain bottom prices There were 209 new homes sold in will depend on the economy’s per- mistic” about a market turnaround. and that is stopping,” Glays said. the second quarter of 2012, averaging formance. He said that the Fed could “It’s a transition period,” said Glays. The top builder, as tracked by home $300,948 and totaling $62.8 million. hold its benchmark short-term inter- “They’re much more optimistic than they permits from April through June, was Re- est rate near zero even after unem- were a year ago and much, much more gency Homebuilders LLC (65 permits that Chandler Reports is a division of The Daily ployment falls below 6.5 percent. optimistic than they were in 2007 and averaged 2,982 and $223,077). Next up News Publishing Co. Inc. www.thememphisnews.com July 19-25, 2013 21

SMALL-BUSINESS SPOTLIGHT Does This Make Sense?

It appears that as humans we have a “makes sense” switch in our brains. Here is the way it works. First we decide what we think about an issue and take a position on it. Then we run our decision through some ServiceMaster by Stratos sort of mental process to gather information in support of our position. Often, when we first Philosophy Spurs Growth stumble across any evidence that causes us Amos Maki | [email protected] to think, “that chris cRouch makes sense,” we SMART STUFF 4 WORK abandon any fur- tacy McCall began working at the ther exploration, contract janitorial business that store our position in memory for possible Swas then called ServiceMaster future use and move on to the next thing. Building Maintenance in 1988. Once such a decision is stored in memo- For the most part, her time was ry, we develop strong mental filters that allow consumed focusing on consummating new information in support of our position to transactions and managing risks for the easily enter our minds and block information company, which was started in 1979 by that does not support our position. We, in ef- her father-in-law Randy McCall. fect, create our own extremely biased internal That all changed when she acquired mental pundits similar to the folks you see the majority ownership of the company, and hear blathering on endlessly on CNN, Fox now called ServiceMaster by Stratos, News and other radio and TV shows. in 2009 and became the head of an Of course, there are at least two things enterprise with 200 employees across seriously wrong with this approach. First, a the Mid-South. person should probably refrain from deciding “When I took over the reins and on a position before looking at any evidence became majority owner I had always and second, it is not a good idea to stop been that silent executor in the back- exploration after encountering the first bit of ground and that ownership shift created supporting “makes sense” evidence. an opportunity, and also a burden, for For example, two items that serve the being the visionary for the company same purpose cost $5 and $10 respectively. and trying to motivate and inspire our If you are a price-sensitive buyer, you might employees,” said McCall, president and Stacy McCall, President and CEO of ServiceMaster by Stratos quickly conclude that the first item sells for CEO of the company. Lance Murphey half the price of the second item; therefore it Two of the biggest challenges – and makes sense to buy the $5 item. However, if opportunities – any business can face clients. trepidation about the location into a your frame of mind is cost sensitivity rather are name and location changes. McCall “It was very intentional because it way to expose clients and potential than price sensitivity, you might explore tackled both soon after taking over. helped communicate the vision and clients to the company’s philosophy. McCall said she was deliberate culture we were developing,” she said. “Our first concern was how people further and discover that the second item will about the renaming of her company “It allowed me the ability to bring that were going to find us Downtown, but easily last three times longer than the first and that she chose a name she thought vision throughout our entire organiza- it created an invitation rather than a item. Based on this new information, it makes would clearly communicate the com- tion. Repeating your vision, and their barrier,” McCall said. “Before, we were more sense to buy the second item. pany’s mission and spark interest from part in that vision, you can never com- always going to our customer’s loca- So, how can we avoid this type of mistake potential clients. municate that enough.” tion, going in to their environment. It in running our businesses? Here’s an idea. “We always wanted to go above and In November 2010, McCall moved gives us the opportunity to bring our When you have important decisions to make beyond in our service to our service ServiceMaster by Stratos from a site on customers or prospects to us and really that will strongly impact the long-term suc- partners and clients, so we started Summer Avenue near White Station expose them to our culture. It creates an cess of your business, ask the best minds in saying, ‘We’re going to shoot for the Road to 7,400 square feet of ground- invitation.” your company to consider both sides of the stratosphere,’” McCall said. “It enabled floor commercial space in Downtown’s McCall said communication with issue and prepare for a debate-like discus- us to tell a story.” historic Lowenstein Building at 66 N. employees – driving home the com- sion. However, do not tell them which side of McCall said it was as important to Main St., part of the Court Square Cen- pany’s philosophy to employees while the debate they will be asked to specifically tell that story to employees as it was ter development at Main and Jefferson defend until you meet to discuss the issue. to express it to current, or potential, Avenue. McCall said she turned initial stratos continued on P29 Researchers have tested this idea by giving people an agreement and asking them to read and draw conclusions on its fairness and prepare for a discussion. If they were told which side they would argue before- hand, they read it quite differently than when they were not told which side they would be defending. This sounds like an idea worth trying in your business to settle differences and creatively explore options related to products, service, hiring, incentives and many other aspects of a typical business. Maybe it can help you and your employees avoid the “makes sense” thinking trap. For extra credit, make sure the front-line people who will actually have to execute any strategy are included in the discussion. Chris Crouch is CEO of DME Training and Consulting and author of several books on improving productivity. Contact him through www.dmetraining.com. 22 July 19-25, 2013 www.thememphisnews.com

Quarterly Report: Mortgages Mortgages Show Nearly 4 Percent Gain

Andy Meek | [email protected]

he mortgage market is starting Top lenders for second quarter, by volume buying activity that’s expected to begin to get interesting, in a manner to ease by the end of this year. Magna Bank $33.5M of speaking. The Fed’s intentions are not only June Mortgages T Community Mortgage Corp. $33M Earlier this month, interest rates for front and center for the mortgage mar- BancorpSouth $24.3M mortgages rose in what was described ket, they’re also a matter of perspec- Up 8 Percent Patriot Bank $24M as the largest one-day jump in at least tive. BankTennessee CEO Jim Rout, June was a healthy month for the Wells Fargo $21.7M 10 years, according to Mortgage News for example, said his bank hopes that mortgage market in Shelby County. Last month saw 810 purchase Daily. That in large part stemmed rates drop even lower, though they’re Second quarter mortgage activity mortgages made, an 8 percent im- from the Federal Reserve, which has currently at historic lows. Second quarter 2012 provement from 750 mortgages in been snatching up $85 billion worth of That hope springs from the fact June 2012, according to real estate in- 2,150 mortgages mortgage-backed securities a month. that Federal Reserve Chairman Ben formation company Chandler Reports, $337.4M volume When that stops – even when the Bernanke signaled the central bank’s www.chandlerreports.com. program is perceived to be only slow- Second quarter 2013 intent to keep supporting the econ- June’s mortgage volume totaled ing down – mortgage rates are expected 2,233 mortgages omy with monetary stimulus, never almost $149 million, up from a little to rise. What all that means is that $378M volume mind that an end to that program now more than $129 million in June 2012. mortgage market officials have been Source: Chandler Reports, www.chandlerreports.com appears to be in sight. And the average mortgage amount between the two June periods rose to and continue to urge potential buyers “But my advice is that this excep- $183,773 last month from $172,423 tionally low rate environment won’t last to seize the day – and in Shelby County, “Due to historically low interest in June 2012. buyers certainly are heeding that advice. rates, home purchases have dramati- forever, so I wouldn’t wait too long to pur- The top lenders in June were Mag- Banks and mortgage lenders made cally picked up locally and in every major chase or refinance a home," Rout said. na Bank with 90 mortgages, Com- 2,233 purchase mortgages in Shelby Coun- market across the country in which Evolve Not only will the current situation not munity Mortgage Corp. with 69 mort- ty during the second quarter, a 3.7 percent does business,” said Evolve Bank & Trust last forever, but it’s almost becoming hard gages, BancorpSouth Bank with 47 improvement from the 2,150 mortgages president and CEO Scott Stafford. “Cur- to get a read on where things will be from mortgages and Wells Fargo with 40 during the second quarter of 2012, ac- rent rates on 30-year fixed mortgages are one week to the next. Here’s how a recent mortgages. cording to the latest data from real estate around 4.5 percent and 3.5 percent on 15- Salon.com article put it: “Rates in the – Andy Meek information company Chandler Reports, year fixed mortgages. At Evolve, roughly 70 mid-to-high 4's are some of the best ever www.chandlerreports.com. percent of our mortgage business is now before mid-2011. But since then, not only Data for this report included purchase new purchases and 30 percent (is) home are those rates on the highest end of the the same period, Independent Bank was mortgages only, not refinances. refinance.” spectrum, but we were fairly close to all- down 30 percent, from 10 mortgages to Mortgages averaged $169,247 during Just two months ago, in contrast, about time lows at the end of April. That makes seven mortgages. the quarter, up 7 percent from $156,933 60 percent of Evolve’s business involved the past two months incredibly abrupt.” Magna Bank, however, went the other during the same period in 2012, and the refinances, underscoring the major shift in Regarding mortgage activity for the way. Over the two second quarter peri- total volume held steady. the market. largest banks based in Memphis during the ods, Magna’s total number of mortgages The second quarter’s nearly $378 “We expect that rates will begin to level second quarter, First Tennessee Bank was climbed from 153 to 182. million volume marked a small gain over off once the Federal Reserve concludes its down 52 percent (from 29 mortgages in the the $337.4 million volume in the second discussions regarding quantitative easing,” second quarter of 2012 to 14 mortgages Chandler Reports is a division of The Daily quarter of 2012. Stafford said, referring to the Fed’s bond- during the second quarter of 2013). Over News Publishing Co. Inc.

Entrepreneurship Start Co. Adds Women’s, Logistics Accelerators

Andy Meek | [email protected]

wo new startup accelerators are He said the effort would look to at- large companies like FedEx and will have next level. Four teams are going through joining the Memphis entrepreneur- tract developers, programmers, software the opportunity to work with application the first Upstart round, and each is getting T ial scene, both targeting different engineers and the like who’re interested in programmer interfaces to develop logistics $15,000. At the end of the program, the kinds of company founders. building ventures that do things like im- solutions. four teams will pitch to investors at Up- One is focused on women-led tech prove on problems in the logistics supply “We didn’t want to do the accelerator start’s Demo Day showcase Oct. 17. startups. The other will focus on company chain. The logistics accelerator probably without having data from the hackathon,” The program kicked off Thursday, July founders who want to build startups fo- won’t launch until next year, but once it’s Fowlkes said. “During the hackathon, we’ll 11, with a reception at the Crescent Club cused on the logistics industry. up and running it will unfold like Start Co.’s put some big problems up on a board and and the presentation of checks to the A variety of accelerators already exist in similar programs. see what happens out of that. Coming teams. Memphis that provide support to founders There will be a short-term period out of it, we’ll know some core areas that The four teams cover a range of indus- who want to do things like create tech and where founders go through a program of would be viable for startup companies. tries. Leni Stoeva, for example, is CEO of medical device companies. And because mentorship, training and hands-on experi- Things like predictive analytics for the sup- The Memphis DigiArtcade, an interactive logistics is the biggest industry in Memphis ence. They’ll also get seed funding. ply chain, mobile applications – that was virtual museum working to preserve and where companies like FedEx call home, Part of what will shape the program is a the original premise for the hackathon, to network digital media and new media Start Co. co-president Andre Fowlkes said logistics hackathon being planned for this help guide us for the accelerator.” artwork. it was an industry ripe for new startup fall that’s being spearheaded by the Mem- Meanwhile, Upstart Memphis is the Kelli Meade is CEO of GemPhones, a entrants. phis Bioworks Foundation and Start Co. new female founder-focused accelerator brand of high-fashion earphones. Zakkiyah Start Co. is a nonprofit that sits at It was at first going to be held this month, program hosted by Start Co. Daniels is the CEO of Stylecrook, a fashion the hub of Memphis’ startup ecosystem, but organizers needed a little more time to Upstart will be a 90-day mentor-driven retail marketplace, and Audrey Jones hosting events and programs like the new put it together. accelerator that seeds a group of female and Demarcus Bowser have co-founded accelerators. The idea is for developers and logistics company founders with cash, mentors to Punch, a customer appreciation phone “We’ve got a wealth of knowledge here, professionals to come together for a week- help them shape their ideas and ultimately application for retail stores that captures an optimum location, so we said, ‘Let’s try end of competitive designing and coding. a chance to pitch investors later this year purchase history and important consumer this and see what happens,’” Fowlkes said. They’ll tackle logistics challenges faced by for funding to take their companies to the information. www.thememphisnews.com July 19-25, 2013 23

Cordova Commercial Building Sees Solid Activity

The commercial building at 584 N. “I believed the new signage would warehouse facilities. lent to three pizzas – hoagie Germantown Parkway in Cordova has galvanize the property and make every- Conner Walker and Mark sandwiches, pasta, calzones recently seen strong leasing activity. thing look more cohesive, which it has and Jenkins of Commercial Advi- and chicken wings. Advanced Prosthetics and Orthotics all of the tenants and landlords are now sors/Cushman & Wakefield The two new stores joined LLC, which opened in 2004 and provides very happy,” said Beach, who handled the represented the landlord. existing stores in Bartlett and prosthetic limbs and orthotics to support transactions. Olive Branch and Senatobia or supplement weakened or abnormal Snappy Tomato Pizza is in Mississippi. The company joints or limbs, inked a lease to occupy In other commercial real estate news, looking to make its presence felt wants to expand its footprint the 4,000 square feet of space that once the Southwide service center building on in the Memphis market. in the Mid-South and would housed a Baptist Memorial Health Care Lamar Avenue near Democrat Road, which Snappy Pizza has opened a Amos Maki like to open three or four more minor medical center. Last year, the urgent is owned by CW Capital, has seen a flurry new location inside the Cherry Inked locations in the Memphis area. care center signed a 5,050-square-foot of leasing activity. Valley Center off Goodman “We are looking at Ger- lease at the former Blockbuster space in Keystone Automotive Operations Inc. Road in Olive Branch. Beach, of Beach mantown Parkway, East Memphis and the Trinity Commons, 670 N. Germantown recently renewed its lease for 34,470 square Investment, represented Snappy Tomato Union Avenue corridor,” Beach said. “This Parkway. feet at the 205,260-square-foot building. and Tony Jones of Century 21 represented will round out our expansion for Mem- AutoZone renewed its store lease at Pennsylvania-based Keystone Automo- the landlord. phis.” 584 N. Germantown Parkway and Trin- tive is a leading distributor and marketer Snappy Tomato also signed a new lease ity Daycare also signed a lease for 3,800 of aftermarket automotive equipment for a store in Germantown. Beach again Also, East Pointe Business Center square feet there, bringing the building’s and accessories in North America, and its represented Snappy Tomato Pizza in that is seeing some good activity. Modular occupancy to 100 percent. Memphis location is one of 19 inventory transaction. Design renewed its lease for 3,221 square 584 N. Germantown Parkway is a stocking cross-dock facilities. Kentucky-based Snappy Tomato Pizza feet there. And Vitality Food Services Inc. 15,100-square-foot, one-story strip shop- Building Plastics Inc. also renewed is a growing pizza chain operating in Ken- renewed its lease for 6,133 square feet of ping center built in 1991. In 2008, the Egan its 23,850-square-foot lease at Southwide. tucky, Tennessee, Missouri, Indiana, Ohio, space at East Pointe. Vitality is a subsidiary Family Partnership, Germantown Parkway Founded in Memphis in 1963, Building Alabama, Florida and New Mexico. of Nestle Professional Beverages. Partners LLC, Charles Jacob and Paula Plastics, which is celebrating 50 years in Snappy offers three types of operating The Tampa, Fla.-based company is a Jacob bought the property from AmREIT operation, is a wholesale distributor of models for potential franchisees to con- leader in providing beverage solutions to for $2.4 million. Ford Beach of Beach In- residential and commercial floor covering sider: a full-service buffet concept with a its customers. Nestle provides beverages vestment represented AmREIT in the sale. that specializes in ceramic tile, counter complimentary delivery service, delivery/ such as juices, teas, coffees, cocktail and The 1.4-acre property is on the east side surfaces and supplies, wood and laminate carryout kitchen locations set up for high- smoothie mixes and more. Walker, of Com- of North Germantown Parkway south of and carpet and cushion supplies. volume areas usually in strip malls, and mercial Advisors/Cushman and Wakefield, Trinity Road. The Memphis-based company’s whole- stores located inside convenience stores represented the landlord. In addition to the recent leasing activ- sale floor covering and decorative surfac- that serve smaller communities. Send commercial lease announcements ity, new signage has been erected at the ing distribution operations stretch across The menu includes pizzas – including to Amos Maki, who can be reached at 521- property. 10 states and include 765,000 square feet of one called “The Beast” that is the equiva- 2464 or [email protected].

REAL ESTATE RECAP 7143 Winchester Road agement. Memphis, TN 38125 2974 Covington Pike Market of Riverdale Bend Sale Amount: $1.8 million Memphis, TN 38128 Sale Date: June 26, 2013 Buyer: Freds Partners LLC Sale Amount: $2.1 million Sells for $6.2 Million Seller: McCarver Development Sale Date: June 28, 2013 Bill Morris Pkwy Loan Amount: $1.2 million Buyer: Maroon Covington Pike 385 Eric Smith | [email protected] Loan Date: June 25, 2013 Holdings LLC Riverdale Bend Dr Maturity Date: July 1, 2025 Seller: Village on the Pike LLC Lender: Protective Life Insurance Details: The Village on the Pike Co. retail center at 2974 Covington Pike Details: The Fred’s store at 7143 in Raleigh has sold for $2.1 million. Winchester Road in Southeast Maroon Covington Pike Holdings

Riverdale Rd Memphis has sold for $1.8 million. LLC bought the 37,896-square-foot Freds Partners LLC bought the center in a June 28 special war- 16,611-square-foot store in a June ranty deed from Village on the 26 special warranty deed from the Pike LLC. The seller is an affiliate

Moltan Dr property’s developer, McCarver of ORIX Capital Markets, a Dallas-

Winchester Rd Development of Jackson, Tenn. based company that had operated The buyer is an affiliate of Law- as special servicer for the property rence, N.Y.-based Bluejay Manage- since 2010. Market of Riverdale Bend ment. The buyer is related to Newport MalcoWay Built in 2012, the Class B retail Beach, Calif.-based Sabal Financial 7114-7186 Winchester Road • memphis, TN 38125 store sits on part of a 22-acre parcel Group LP. No financing was associ- along the south side of Winchester ated with the transaction. Road between Riverdale and South Built in 1987, the Class B retail cen- 7114-7186 Winchester Road Germantown roads. The Shelby ter, whose address is listed in the Memphis, TN 38125 County Assessor of Property’s 2013 warranty deed as 2940 Covington appraisal is $1.5 million. Pike, sits on 4.4 acres at the south- Sale Amount: $6.2 million In conjunction with the purchase, west corner of Covington Pike and Sale Date: July 2, 2013 Freds Partners filed a $1.2 million Stage Road. The Shelby County As- Buyers: Peter Laspina Jr. (49.5 percent); 25-19 34th St. Realty Corp. (34.83 percent); deed of trust and security agree- sessor of Property’s 2013 appraisal Riverdale Center Investors LLC (14.67 percent); and Riverdale Market LLC (1 per- ment through Protective Life Insur- is $1.6 million. cent) ance Co. ORIX in March 2010 took ownership Seller: Riverdale Investors LLC Yerachmeal Jacobson signed the of the center in a $500,000 substi- Details: Four tenants in common have paid $6.2 million for the Market of Riverdale trust deed as authorized manager tute trustee’s deed. The center had Bend shopping center on Winchester Road in Southeast Memphis. The address of of the borrower. Jacobson is chief an appraised value of $2.7 million the new owners is listed as Riverdale Center Investors’ location in Garden City, N.Y. operating officer of Bluejay Man- in 2009. 24 July 19-25, 2013 www.thememphisnews.com

Memphis STANDOUT Greg Miller Celebrates 10 Years at Inferno

Andy Meek | [email protected] scene while Miller has worked at inferno, in addition to the necessary flexibility of reshaping all manner of industries, but rolling with the punches to accommodate video has become especially crucial and clients who need something immediately. reg Miller doesn’t have to talk embraced by the business world. And it’s a One way he tries to stay creative and about how much he loves his job, medium that Miller is increasingly focused keep himself inspired is by searching the Gthe kinds of changes he’s seen in on. Miller’s work includes everything from Web. He doesn’t watch much TV, so he tries his industry, the kind of changes he’s been helping companies produce commercials, to seek out examples of great art, visuals, part of and how he couldn’t imagine work- animation projects, training videos, how- video and design online, and then use that ing anywhere else but inferno. to’s and more. For example, inferno helped to fuel his intellectual and creative energy. The fact that he recently passed the with an explanatory video showing how One of the things Miller said he likes 10-year mark working for the 14-year-old FedEx gets shipments around the world – about his job is how inferno’s partners full-service advertising, marketing, design from China to the U.S. – in a single day. have “allowed me to change up what I do and public relations firm pretty much says “We have such a broad audience now,” every few years.” that for him. Miller is an art director and he said. “Video is about controlling your Inferno’s clients span a variety of sec- interactive specialist with inferno, and to message.” tors, including health care, relocation, be with the same employer in a creative Miller’s focus has been on Web design, logistics, banking, agriculture, enter- field as long as he has says many things. but he also has a broad range of design tainment and the nonprofit world. The It suggests, for example, that Miller is and computer animation skills. Michael company is based in Memphis with offices a fan of and a good fit with the culture of Overton, creative director and agency Miller in Arkansas and Michigan. It bills itself as inferno, as well as the fact that he’s adept at partner at inferno, said Miller’s skills are a leading mid-sized provider of business- tackling new mediums and challenges. invaluable because he keeps the team on distribution and new media channels.” to-business and consumer marketing solu- To put his tenure in perspective, when top of technology, new media and related Ask Miller what a typical day is like for tions, with expertise in many disciplines. Miller started at inferno Mark Zuckerberg changes they ought to know about. him, and the question might as well be in Miller said the firm recently added a was still a student at Harvard who had not “Creative has become so independent another language. He and others at the new staffer to its interactive department. yet dabbled with the code for what would from specific media, and you can’t rely on firm are quick to disabuse someone of the The additions always bring something new become Facebook. Twitter was still three the old standbys of print, outdoor and ra- notion that the concept of a typical eight to the table, he reflected, and this time years away, YouTube wouldn’t launch for dio,” Overton said. “You need to take a very hours, of sameness and predictability, is the department is getting its first female two more years and print media – includ- integrated approach to reaching your audi- not something that one should expect to addition, which he said would bring an ing books and legacy news outlets like ence because there is constant innovation find at inferno. On one particular morn- especially fresh and valuable perspective. Newsweek – still had business models built in the way people gather information. Greg ing last week, Miller’s day started early, About the firm, Miller said: “It’s a great around paper. ensures that our team is updated on all when he was out on a shoot. Usually, his place to work, with great people. And I Not only did social media arrive on the the developments associated with content workday includes a mix of planned tasks have a lot of respect for the partners.”

Protect Our Drinking Water Experience the Greenway Educate through Recreation

Help us protect our local, natural resources and the quality of our famous drinking water. drink local

Ghost River Brewing supports the Wolf River Conservancy by donating a portion of the proceeds of every beer sold. www.thememphisnews.com July 19-25, 2013 25

Quarterly Report: Home Sales ‘Good News’ for Housing During Quarter

Amos Maki | [email protected]

helby County’s housing rebound sales in the quarter – had the July 15, 2013 Quarterly Report – Residential Sales closure sales should excite continued in the second quarter, highest average sales price at Nonbank and bank residential sales in Shelby County, Q2 2013 homeowners who have been with key indicators showing im- $692,210, followed by Ger- considering selling but have S Q2 2012 Q2 2013 % Change provement over the same period last year. mantown East’s 38139 ZIP been holding off because Non-bank Sales 2,771 3,401 23 Shelby County netted 4,226 home sales code at $405,264. of worries over the housing in the second quarter, an 11 percent bump The number of exist- Bank Sales 1,050 825 -21 market. from 3,821 in the second quarter of 2012, ing home sales increased 10 Total 3,821 4,226 11 “My word to sellers out according to real estate information com- percent, to 3,998 in the second ZIPs with the most nonbank and bank sales, Q2 2013 there who have been think- pany Chandler Reports, www.chandler- quarter from 3,624 in 2012. Nonbank Sales ing about it and want to reports.com. The average sales price for an # Sales Total $ make that move is now is the Total sales volume in the second quar- existing home in the second 38017 Collierville 264 $79.5 million time,” she said. “I encourage ter was $597.1 million, up 21 percent from quarter was $134,438, up 9 38016 Cordova North 211 $28.8 million them all the time, let’s move $494.1 million in the second quarter of last percent from $123,019 last 38111 University 204 $30.3 million forward.” year. year. For the year, Shelby Bank Sales The average sales price was $141,303, Doug Collins of Pruden- County has recorded 7,608 ZIP # Sales Total $ up 9 percent from $129,316 in the second tial Collins-Maury said the homes sales, up 9 percent 38128 Raleigh 65 $2.79 million quarter of last year. moderate improvement in from 7,000 sales over the “We started this year out and we housing numbers was bound 38127 Frayser 60 $1.2 million same period last year. Total projected we would have moderate, steady to happen after the slump 38125 Southeast Shelby County 58 $6.6 million sales volume tipped the improvement over the year and that’s the market has endured since Source: Chandler Reports, www.chandlerreports.com scales at $1 billion, up 20 what we’re seeing,” said Regina Hubbard 2006. percent form $839 million of ERA Legacy Realty and president of the “I think it’s a result of having been so sales price for a new home was $261, 693, last year. The average year-to-date average Memphis Area Association of Realtors. “It bad for about six years,” Collins said. “We up from $245, 161 last year. sales price in Shelby County was $132,153, is absolutely good news.” bottomed in 2011 and we saw an increase Non-bank sales in the second quarter up 10 percent from $119,948. Collierville’s 38017 ZIP code saw the in 2012 but that increase was off such low totaled 3,401, up 23 percent from 2,771 last Leon Dickson, owner of Benchmark highest number of sales in the second numbers it was nothing to write home year, while bank – or foreclosure – sales at Southwind Realtors LLC, said the quarter, with 290 homes taken off the about. dropped to 825 in the quarter, down 21 improved market metrics have his office market. Next was Cordova North’s 38016 “We’re getting back to around 2001 percent from 1,050 last year. buzzing with action. ZIP code, which recorded 251 sales. The levels. The heydays of 2005 and 2006 were Hubbard said the reduction in foreclo- “There’s more activity in the office,” University of Memphis’ 38111 ZIP code not sustainable levels. They were created sure sales was having a trickle-down effect. Dickson said. “You have a lot going on came in third with 246 sales. by Wall Street and led to the housing crash, “It’s affecting our inventory, which across the board to make it an exciting Collierville led the way in total sales and that wasn’t good for anybody.” affects the sales price,” said Hubbard. “We time for Realtors.” with $85.9 million, followed by Arling- New home sales totaled 228 in the do not have much of that inventory out ton’s 38002 ZIP code at $47.9 million. second quarter, up 16 percent from 197 there.” Chandler Reports is a division of The Daily Eads’ 38028 ZIP code – which recorded 10 over the same period last year. The average Hubbard said the decrease in fore- News Publishing Co. Inc.

Quarterly Report: Foreclosures Foreclosures Drop 10.6 Pct. in Second Quarter

Andy Meek | [email protected] Commercial foreclosures also were Second-quarter residential for market reports or for buyers, I see less down in the April-June period, compared foreclosures and less foreclosures to use as compa- to the same quarter in 2012 – to 19 from 23 rables.” Second quarter 2012 – 1,082 government watchdog report over the two quarters. Raleigh and Frayser are two of the released last week pointed to delays A mix of forces is contributing to the Second quarter 2013 – 967 inner-city neighborhoods in Memphis that Ain setting up consumer assistance decline. Some of it is a result of an improv- tend to see the most foreclosures from one programs in states that have opted for fed- ing economy, as well as efforts by banks Top ZIP codes for second-quarter quarter to the next. Raleigh’s 38128 ZIP saw erally run health insurance marketplaces, like Wells to keep homeowners from fore- residential foreclosures 74 residential foreclosures in the second like Tennessee. closure, when possible. 38127 (Frayser) – 74 quarter, up from 68 in the second quarter Through various mitigation efforts, Some of the decline also could be a of 2012. But Frayser’s 38127 ZIP saw 61 38128 (Raleigh) – 68 the lending giant Wells Fargo has helped result of the comparison with highs of foreclosures in the second quarter, down 38016 (Cordova) – 64 some 5,200 Memphis homeowners avoid previous years. from 74 in the second quarter of 2012. foreclosure since 2009. Looking deeper into the quarter’s 38125 (Southeast Shelby County) – 60 Jay Lawrence, southeast communica- Those numbers come from Wells itself, results, the number of foreclosure notices 38118 (Oakhaven/Parkway Village) – 59 tions manager for Wells Fargo, said most of which currently services the mortgages of fell by 14.4 percent. Notices totaled 1,770 Source: Chandler Reports, www.chandlerreports.com Wells’ customers pay their mortgages on about 45,000 families and individuals in in the second quarter, down from 2,068 in time. However, he said Wells still has more the city. Despite progress the lender has the second quarter of 2012. “I sell Freddie Mac foreclosures, and than 1,000 customers in the late states of made, though, a Wells spokesman said Paying attention to the notices, which I and other agents that sell Freddie Mac delinquency. To that end, Wells scheduled foreclosures remain a “persistent problem” lenders are required to publish in Tennes- have gotten very few new properties in the its 95th large-scale foreclosure prevention in Memphis. see in a newspaper of general circulation, last couple of months,” said Mindy Creech, workshop in Memphis earlier this month. At least the problem has ebbed offers a forward perspective – albeit an an agent at RE/MAX on Track. “Foreclo- Lawrence said Wells has found that it’s slightly, even if it remains persistent. In imperfect one – about what’s to come. sures are sometimes cyclical. There is an able to save the homes of two out of three Shelby County, there were 967 residential That’s because publishing the notices ebb and flow. For instance, when I was get- customers who attend the workshop. foreclosures in the second quarter this is an early, required step in the foreclosure ting a lot of foreclosures in Shelby County, Year to date, residential foreclosures year, according to real estate information process. It doesn’t necessarily lead to a cer- I didn't get a single foreclosure in Desoto numbered 1,971, down 14.6 percent from company Chandler Reports, www.chan- tain outcome, however, because the home- County for over a year. Now I am getting 2,307 for the same period in 2012. dlerreports.com. That’s down from 1,082 owner has time to work out an arrange- quite a few properties in Mississippi, but residential foreclosures during the same ment with their lender to save their home none in Shelby County. I also notice when I Chandler Reports is a division of The Daily period in 2012 – a drop of 10.6 percent. before a foreclosure auction occurs. am looking at the (Multiple Listing Service) News Publishing Co. Inc. 26 July 19-25, 2013 www.thememphisnews.com

Law & The Courts memphis Law Talk Petties Again Glankler Job Too Good Switches Prisons To Pass Up for Jobe

Bill Dries [email protected] Richard J. Alley | Special to The Memphis News

emphis drug kingpin Craig Petties is on the move again ttorney Mark Jobe has re- Thomas, when the opportunity Min the federal prison system cently started working as an at Glankler Brown came through as more sealed documents involving Aassociate with Glankler Brown mentor and firm member Doug- Petties have been filed in the largest PLLC. las Earthman, Jobe jumped at the drug case ever brought in the U.S. The Memphis native grew up in chance. District Court for the Western District Midtown, son of an orthopedic sur- “Being the type of law that I of Tennessee. geon, Dr. Mark Jobe, and the politi- wanted to do from the start, along Petties moved this week to the cally active Lora Jobe, who served on with having the support that comes Federal Transfer Center in Oklahoma the Memphis City Schools board for from being in a firm this size, and City, according to the Federal Bureau of 10 years beginning in the late 1990s. learning from some of the best Prisons website inmate locator. Playing baseball throughout his attorneys in town … it was just too The move came as the federal time at White Station High School, good to pass up,” he said. prosecutor in the Western District of Jobe landed a combination of aca- At Glankler, he’s been studying Tennessee case filed a sealed motion demic and athletic scholarships to for the Mississippi Bar exam while July 15 with U.S. District Judge Samuel the University of Memphis, where working alongside legal goliath “Hardy” Mays. The motion includes he pitched for the baseball team and Hunter Humphreys in the real a proposed court order but no other planned for courses in pre-med. It estate and secured lending group. indication of what it could involve. would be the labs, though, to get the So far it has been just the experi- “This facility is primarily designed best of him. ence he’d hoped for when he first to house holdover inmates in-transit “I just realized that’s not where decided on law as a profession. to other facilities,” reads the admis- my interest was,” said Jobe, who “I’ve been so pleased with the sion and orientation handbook for the wound up majoring in economics environment,” Jobe said. “They Oklahoma City prison. “The mission and graduated summa cum laude really treat me, as low guy on the of the Federal Transfer Center is to with a Bachelor of Business Admin- totem pole, as a professional. It’s a confine, on a short-term basis, inmates istration. great fit to start my career with a who are being transported through For Jobe, even at a young age, the well-respected Memphis firm that the U.S. Marshal Service, Immigration approach to education and career Jobe has a great presence in the area & Naturalization Service, U.S. Parole was to build a foundation. and learn from guys who have been Commission, and the Federal Bureau of Thinking fiscally, he chose Divi- doing it for a long time and doing it Prisons transportation system.” sion I baseball over Division III because very successfully.” Since September, Petties – who is of the availability of scholarships. And As the work load evens out for Jobe awaiting sentencing on racketeering, when it came to post-graduate education, and he becomes better acquainted with drug conspiracy and murder for hire he looked at an MBA versus law school the life of an attorney at a high-profile law – had been imprisoned at the Metro- based upon “which one would lay a better firm, he hopes to become more involved politan Correctional Center in New foundation for my future.” If worse comes to worst with his alma mater where, as a student- York City. But in the end, he chose law. athlete, he served on the Student Athlete When he was transferred from the “I decided that the tangible certifica- and I ever get thrown Advisory Committee. He also hopes to U.S. Penitentiary in Atlanta to New tion a law degree gives you was more out on the street, I’ll be become more involved with the organiza- York, it came as prosecutors in Mem- important to me,” Jobe said, adding with able to go down to the tion New Memphis Institute, where his phis filed a sealed ex parte motion laughter, “if worse comes to worst and I courthouse and get work. age and profession might be an asset. seeking to move him. Mays granted the ever get thrown out on the street, I’ll be Once you’re licensed to He is currently a member of the Mem- motion without the order ever reveal- able to go down to the courthouse and “ phis Bar Association and the American ing the reason for the move. get work. That certification meant a lot. practice law, you can Bar Association. The secrecy has been a constant of … Once you’re licensed to practice law, always do that.” “I’d like to get more involved,” he said, the 11-year-old case since Petties was you can always do that.” “but right now I’m just kind of easing in –Mark Jobe captured in Mexico in January 2008. Jobe, 26, has always thought of to things and making sure I can take more Petties was indicted in 2002 in himself as entrepreneurial and business- on before I fill up my plate.” Memphis on federal drug charges that minded, and even during his tenure at kicked off the investigation. He fled to the University of Tennessee College of Mexico that year and ran the multi- Law, he said his focus was on business. state drug organization with direct ties “I wanted more business knowledge Thank You! to the Sinaloa drug cartel from Mexico in laying the groundwork for whatever I RealTrends.com just named me as one of the top real for six years until his capture. do,” he said. “I think that knowledge and estate brokers in Tennessee. That is on top of previous Six sets of indictments following that subject matter is really applicable to internet marketing awards from Realtor.com and the first indictment in 2002 named 40 a wide array and provides a lot of oppor- Zillow.com, as well as awards from our nationwide relocation/referral network – “Leading Real Estate people including those charged, not tunity in going forward.” Companies of the World” As we all know, these are charged or charged separately who Jobe graduated law school in the based on past performance…and I wanted to thank were tied to the organization headed by spring of 2012 and went to work with the everyone who made these awards happen. But, to me, Petties. Over those new sets of charges, Thomas Family Law Firm PLC in the area the best award is having a satisfied client TODAY…and Realtrends.com in the future. So, if you’re thinking about selling your prosecutors and federal drug agents of child custody and divorce law. Such a home, call or email me to find out how and why I was honored like this. Remember… detailed a violent drug organization focus is as removed from business and whose members killed six people in- real estate as possible, but it was a good ROSENGARTEN = RESULTS! cluding members who were cooperat- experience and helped Jobe to become a ing with federal investigators and rival more well-rounded attorney. Sheldon Rosengarten drug dealers. “I liked it a lot more than I thought Broker, Life Member Prosecutors as well as defense at- I would,” he said, “but it takes a toll on Multi-Million Dollar Club Memphis Area “The Oldest Real Estate Company in Town” torneys have cited the level of violence you.” Association of Realtors® [email protected] as the reason for the abundance of Though he appreciated his time 682-1868 www.memphisrelocate.com sealed motions in the case. working with colleague and friend Justin www.thememphisnews.com July 19-25, 2013 27

Newsmakers No-Nonsense Williams to Lead Marketing Negotiating At Junior Achievement Strategies Editor’s Note: This is the second in a two-part series.

Kate Simone | [email protected] If you’re fighting for who’s right in a negotiation, by definition, someone loses. That’s the philosophy behind negotiation strategies that build relationships versus tearing them down. Patricia Williams has joined Junior Whether you “win” or not, a customer may not Achievement of Memphis and the Mid-South continue to buy from you if they felt beaten down as director of marketing and special events. In through the negotiation process. The objective is to close a her new role, Williams will work to increase the mutually beneficial deal versus organization’s visibility, funding and branding. winning the negotiation. Adopt that philosophy and Education and work experience: I Activities you enjoy employ these 10 negotiating have been in school most of my life. outside of work: Out- tips, and you’re sure to close I am a “life-learner.” I am always side of work, I enjoy vol- more winning deals for both looking for something new to study unteering. I work with an parties. Lori turner- or achieve. I succeeded in reaching organization that brings Prescription before wilson diagnosis is malpractice. guerrilla sales my goals of obtaining my under- children from all over and marketing graduate and graduate degrees. the world to our city for Prepare for a negotiation by My undergraduate degree was in life-altering surgery. My jotting down your perceptions and assumptions microbiology. With that degree, I husband and I are very about the other party and the negotiation. Next, worked for 21 years as a research active in mission work, write down how you imagine the other party per- scientist. Upon completion of my especially supporting ceives things, allowing yourself to see both sides master’s in global management orphanages in various of the playbook ahead of time. The person who speaks first sets the tone for and doctorate in marketing, I ex- countries. I am very Williams panded my understanding of busi- active in my church, negotiation. Script your opening word for word, ness, thereby creating a second and serve wherever I ensuring it demonstrates both strength and open- each lesson. career and finding purpose in my am needed. I also enjoy producing ness to finding a mutually beneficial solution. new role. voiceovers. That has been my pas- The person who asks the most questions de- What do you most enjoy about sion since childhood. termines the direction of a negotiation. Ask more your work? In my current position, Family: I have the most wonderful “what” than “why” questions to steer the conver- I thoroughly enjoy meeting, and immediate and extended family. What attracted you to Junior sation toward fact-based vs. emotional reasoning. getting to know new people. I am My husband is amazing. He keeps Achievement of Memphis and Never argue, but always ask questions for ecstatic about seeing the children’s me grounded. He is the voice of the Mid-South? I was a former understanding. If a prospect says “that price is too eyes open to the world of business reason when I throw out blue-sky JA participant “way back when,” high,” surprise him by agreeing in this way. “You’re and entrepreneurship, especially projects. My stepson is a thinker and I still remember the lessons right. This is a lot of money. Perhaps I’ve included during their visit to the JABiztown. and has great words of wisdom to I learned from starting up and some services you don’t need or you could do share. Our 11-year-old daughter is a running our own business. I have yourself.” Ask clarifying questions, and then offer If you could give one piece of bright student with leadership skills served as a coordinator/partici- to return later with itemized pricing, which should advice to young people, what much like her father. We have been pant for the Bowl-a-Thon many net a higher total, demonstrating the value of would it be? If I could give one blessed to be “parents” to many years prior. I have also served as a packaged pricing. piece of advice to young people, it other children. We watched them volunteer in the classroom for my People do things for their reasons, not yours. would be to commit to being disci- grow into adulthood and go out on daughter’s class. I remember how Find out what the other side wants, and help them plined. That is a key that will open their own. much it meant to her whenever get it. The person who listens most will have the the door to their destiny. I made my weekly visit to deliver greatest effect on the outcome. Do not bargain with yourself by cutting costs before you present to a client, or you’ll be making unasked-for concessions for which you won’t get credit. Bargainers won’t buy without a recession. Faith Morris has joined The award. It also recognized former TBA team as art directors. If you know your prospect is going to have a Carter Malone Group LLC as execu- president Danny Van Horn of Butler, concern, lead with it. Include it in your opening tive vice president/chief marketing Snow, O’Mara, Stevens and Cannada Lori Huffstutler has been ap- remarks to minimize it as an issue. officer. She has more than 20 years’ PLLC for his years of service on the pointed director of sales, catering When interpreting someone’s true intention experience in marketing commu- board of governors. and marketing at DoubleTree by to find a workable solution, pay more attention to nications and eight years in broad- Hilton Memphis. Huffstutler most their feet than their words. If they aren’t headed cast journalism. Keshia Merritt has The Tennessee Bar Association recently worked at The Westin Mem- for the door, they are still interested. joined the firm as creative director. has added two Memphis attorneys phis Beale Street. Never make a concession the minute you know She has 15 years’ experience as a to its board of governors. Brian S. you can and unless you can explain what new info graphic designer. Lauren Evans has Faughnan, special counsel with Memphis College of Art has you have that justifies it, or you’ll lose credibility. joined as account service assistant. Thomason Hendrix Harvey John- named Susan Arney, Michael Lan- Instead, slow down the negotiation and explain She recently graduated from The son & Mitchell PLLC, was named drum, Bob Loeb and Jim Raines to that you’ll get back to them. University of Tennessee. one of two West Tennessee repre- its board of trustees. Ultimately, the best negotiating strategy is to sentatives; and Stacie S. Winkler, maintain a strong balance sheet and very satisfied The Tennessee Bar Association in-house counsel at The Regional Shoemaker Financial has added clients, as doing so allows you to make good deci- has awarded state Supreme Court Medical Center at Memphis, joined five registered representatives to its sions for your company. Justice Janice M. Holder the Ten- as president-elect of the TBA Young Germantown office: Nolan Bobbitt, Lori Turner-Wilson is an award-winning nessee Bar Association’s Frank F. Lawyers Division. Jeff Grimm, Grant Heflin, Jacob columnist and CEO/Founder of RedRover Sales & Drowota III Outstanding Judicial Norman and Dane Williams. Service Award for her work with law- Joe Walz has been promoted to Marketing, www.redrovercompany.com. You can yers’ assistance programs and access account management at Signature Kelley & Associates Advertising follow RedRover on Twitter (@redrovercompany to justice issues. In addition, the bar Advertising. He began at the com- has been certified by WBEC South, and @loriturner) and Facebook (facebook.com/re- association awarded late Memphis pany as a workflow assistant. Cathy a regional certifying partner of the drovercompany). attorney Elizabeth T. Collins the Reece and Adrienne Mask have Women’s Business Enterprise Na- William M. Leech Jr. Public Service joined Signature’s creative services tional Council. 28 July 19-25, 2013 www.thememphisnews.com

Week of 7/8/13 - 7/14/13

crosswords The Weekly

Crossword Edited by Margie E. Burke The Weekly Crossword by Margie E. Burke ACROSS 1234 56789 10 11 12 13

1 Tylenol target 14 15 16 5 Bundle of wheat 10 Surveyor's map 17 18 19 14 Horsewhip 20 21 22 15 Slight trace 16 Anger 23 24 17 Big-top bigwig 25 26 27 28 29 30 31 19 Hot spot 20 Kitchen gadget 32 33 34 21 Part of a driver's 35 36 37 license exam 23 Over there, 38 39 40 old-style 41 42 43 24 More statuesque 44 45 46 25 Safecracker, 47 48 49 50 51 52 slangily 27 Dear, as 53 54 55 memories 56 57 58 28 Implied 32 Flightless bird 59 60 61 33 Long for 34 Club music Copyright 2013 by The Puzzle Syndicate genre 35 What pH 7 Contest hopeful 37 Resist, as 46 Cupid, to Venus measures 8 From way back authority 47 Triathlon leg 37 Miles away 9 Undomesticated 39 Plymouth 48 Remove the rind 38 Put under 10 Draw out colonizer 49 Guardianship 39 Flippant 11 Bathe 42 How some 50 Fit together 40 Pipe fitting 12 Forever and a things are 51 February 41 Bicuspids, e.g. day chopped forecast 42 Piccolo's cousin 13 Camp sight 43 Point of entry 52 E-mail button 43 Salon offering 18 1987 movie, 45 Rope fiber 55 Mushy food 44 With little effort "Tin ___" 46 Spanish sun 22 Hate with a 47 Tori of TV passion 50 Swampy area 24 Skateboarder Answer to Last Week's Crossword 53 Hourly pay Hawk BOSS SE I NE ACHE 54 Winding 25 Brewery need ARCH ORDER GOA L 56 Bearded flower 26 One who runs REAR PRECAR I OUS Nom de guerre the show 57 BOGEY ASK ANKLE 58 Soon, to a poet 27 The inevitable WEP T LUNG 59 Soldiers' meal 29 Lady of the ARE TRAC I NG EGG 60 Kind of node castle PHYS I O I NTEGRA L 61 Bawdy 30 Word before H I RE SEVER AR I A sanctum or I N I T I ATE UNTOLD DOWN peace 1 Bushy coif 31 TribalWeek pole of 7/8/13DOE - 7/14/13D ICTATE RYE 2 Film segment 33 "Where" V I CE THAT 3 Bee-finding bird attachment RAD I O TOT RECAP 4 Yuletide drink 34 Trunk item ALEXTREBEK ALTO 5 Night light? 36 Like a I SLE AR I SE COOL 6 Towel word wallflower LO I N FATTY HYPE

Sudoku Edited by Margie E. Burke  Edited by Margie E. Burke Difficulty : Medium HOWHO WTO 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                   Friday at 7:00pm WKNO           Friday at 7:30pm WKNO2    Sunday at 8:30am WKNO Copyright 2013 by The Puzzle Syndicate  www.thememphisnews.com July 19-25, 2013 29 happenings Lipscomb Pitts Breakfast Club and Baker, SRVS will host its 15th annual Spirit of SRVS SEMINAR Donelson, Bearman, Caldwell & Berkow- Auction, Food and Wine Tasting on Saturday, WEVL 89.9 FM will host the 25th annual Blues on the itz PC will host a Law@Lunch seminar titled July 27, at 6 p.m. at the Hilton Memphis, 939 2013 “Handling Harassment in the Workplace: How Ridge Lake Blvd. The event will include live to Prevent, Investigate and Resolve Complaints music, dancing and post-event party. Tickets Bluff concert and silent auction Saturday, July 20, from of Harassment” Thursday, July 25, from noon are $75. Visit srvs.org or call 312-6853. »6:30 p.m. to 11 p.m. on the grounds of the Metal Museum, to 1:30 p.m. in the Lipscomb Pitts building, first floor conference room, 2760 Union Ave. » THE ARTS 374 Metal Museum Drive. Performers include The Eric Extended. Cost is free; lunch will be provided. The Booksellers at Laurelwood will host R.S.V.P. to [email protected]. Jeanne Simmons, Beverly Vance and Howard Deaton Trio, The Bo-Keys and Elmo & The Shades. Tickets Vance as part of its Summer Bistro Music The Peabody Rooftop Party will be held Series Saturday, July 20, from 6 p.m. to 8 p.m. are $25 for adults and $12 for children 11 and younger. Thursday, July 25, from 6 p.m. to 11 p.m. at The at the bookstore, 387 Perkins Road Extended. Peabody, 149 Union Ave. Tickets are $10. Visit Visit thebooksellersatlaurelwood.com. Visit wevl.org. peabodymemphis.com or call 529-4000. Germantown Performing Arts Center will The South Main Art Trolley Tour will be held present the play “Indigo Blues: A Lovesong” Friday, July 26, from 6 p.m. to 9 p.m. in the Saturday, July 20, at 7 p.m. and Sunday, July South Main Historic Arts District. Email info@ 21, at 3 p.m. in the Duncan-Williams Perfor- » Community R.S.V.P. to [email protected] southmainmemphis.net. mance Hall, 1801 Exeter Road. Tickets are $25. or 433-4331. United Way of the Mid-South, the Tennes- Visit gpacweb.com. Memphis Farmers Market will host the see Health Care CampaignSE and Meritan willR IES The Booksellers at Laurelwood will host a Rock’n Wild Picnic Saturday, July 27, from 5 The Cooper-Young Business Association will host “It Takes a Community: Understanding discussion and book-signing with “Cookin’ With p.m. to 8 p.m. at Central Station Pavilion, at the feature Side Street Steppers as part of the Red the Affordable Care Act” Friday, July 19, from Corky’s” authors Jimmy Stovall, Andy Wood- corner of East G.E. Patterson Avenue and Front Hot Summer concert series Wednesday, July 1:30 p.m. to 3:30 p.m. at Meritan, 4700 Poplar man and Barry Pelts Tuesday, July 23, at 6 p.m. Street. Cost is $25, which includes pizza from 24, from 6:30 p.m. to 8:30 p.m. in the gazebo ave. Attendees will learn how to assist people at the bookstore, 387 Perkins Road Extended. Rock’n Dough Pizza Co. and four wine tickets. at Cooper Street and Young Avenue. Cost is during open enrollment, whichMark begins your Oct. calendar 1. Visit f orthebooksellersatlaurelwood.com. a series of informational Visit memphisfarmersmarket.com. free. Visit cooperyoung.biz. change continued from P19 cited about the renovation of financing options to move million to bring Overton Square signed leases. the historic Sears Crosstown forward with the development. back to life as a theater, arts and Hattiloo Theatre, a black rep- Health Center and Rhodes Col- building, which will be the larg- We will welcome the participa- entertainment district. ertory theater company founded lege as founding partners that est adaptive reuse project in tion of the city of Memphis and Loeb is adding new tenants in 2006, will be the fourth theater have pledged to be tenants in the Memphis’ history,” said project other public sources on select to expand and diversify Overton on both sides of Cooper between redeveloped building. business seminarsmanager Todd hos Richardson.ted by The “O Dailyur Ninfrastructureews and blight removal Square’s footprint, redesigning Union and Madison avenues, Project backers were seek- unique, mixed-use vision has needs of the project, and are existing buildings and construct- joining Playhouse on the Square, ing $15 million in city funds for been enthusiastically embraced continuing to hold productive ing new structures while the Circuit Theater and Theatre- infrastructure improvements by thousands of businesses, discussions to that effect.” city is building a parking garage Works. and blight remediation efforts. residents, city leaders and other After serving as a major and water retention basin. Since Buring, who lived near the Wharton proposed, and andthe City The Memphisstakeholders Ne fromws. every corner entertainment and retail hub for redevelopment began, Overton square in the early 1980s, said Council approved, $1 million of the community. decades, Overton Square began Square has been infused with the revival is a boon for Mem- in funds for the fiscal year that “As you can imagine, given a steady decline as more and new life, with Local Gastropub, phis and Midtown in particular. began July 1. Project officials said the enormous scale of the proj- more entertainment options Chiwawa, Bar Louie and Five “I’ve been to Overton Square they are exploring all financing ect and anticipated social and became available. Guys on Union Avenue opening, at night a few times and it was methods. economic impact, we are explor- However, Loeb Properties and Breakaway Running and a really hopping,” he said. “And I “We continue to be ex- ing a range of public and private Inc. is investing more than $20 boutique called The Attic have was so excited to see that.”

sec media day continued from P16 ganda that gets fed out to you …” the OU stratos continued from P21 whether they knew it or not. We converted coach said, flexing his defensive muscles. them and said, ‘Now you have a healthy asked2 about0 the13 wideningSE gap betweenM ICallN it whatA you will,R but the rest of incorporating their concerns and ideas environment.’” the national-title2013 winning SEC and every- college football is very concerned about – has been a key component of attracting McCall also believes in community one else at a Sooners fan function. Slive’s aching back. They’re past ready to and keeping top-notch workers. involvement. She displays works from “So you’re listening toSE a lot of propaR- lightenIE theS load of his annual brag bag. “They can affect change and make a students at Memphis College of Art’s South Mark your calendar for a series of informational difference and that’s very important for Main Street graduate school, maintains the Mark your calendar for a series of informational business seminars hosted by The Daily News any of us, to feel fulfilled in what we do, Downtown dog park at Main and Jefferson business seminars hosted by The Daily News and The Memphis News. because if you feel like you don’t have a for the Downtown Memphis Commis- 2013 SEand The MemphisM NIewNs. AR voice, or that you’re not being heard, then sion and provides free cleaning services it is just a job,” she said. to events and organizations, such as the SERIES McCall said recognizing and acting on Memphis Blues Ball. JUNE 6 emerging trends will help businesses grow. “We may not have the financial where- MONEYMark & yMARKEour calendarTS: SforTA aTE series OF ofTHE inform ational At ServiceMaster by Stratos, that meant withal to give out a lot of money but we MONEYbusine & MARKEss seminarsJUNETS: ho 6STs tAedTE b yOF The THE Daily News embracing early on the shift to more envi- can provide our service,” she said. SEECMONOMYINAR 2013 and The MemphisECONOMY News. ronmentally friendly cleaning substances, McCall said providing service dona- even shifting customers to green cleaning tions helps expose employees to the wide SEAUGURSITE 8 S before they requested it. array of events and groups in Memphis AUGUST 8 “It’s almost a point of entry now,” Mc- while showing other like-minded compa- HR RULES & LEGAL RAMIFICATIONS HR RULESMark y &our LEGALJUNE calendar RAMIFIC 6 for a seriesATIONS of informational Call said. “Those companies putting out nies that they share similar values. MONEYbusine & MARKEss seminarsTS: ho STstAedTE b yOF The THE Daily News (requests for proposals), especially if they “There are businesses out there that MONEY & MARKETS: STATE OF THE have a national presence, they are de- have the same culture as we do and it and The MemphisECONOMY News. SEPTEMBER 19 manding it. makes a tremendous difference in overall HEALTH CARE: STATE OF THE “We just converted all our customers the relationship,” McCall said. INDUSTRY AINDUJUNEUGUSST RT6Y 8 HR RULES & LEGAL RAMIFICATIONS MONEY & MARKETS: STATE OF THE NOEVEMBERCONOMY 7 election continued from P7 “There were 8,000 people in German- town who got up off the sofa and went COMMERCIALSEPTEMBER REAL ESTA 19TE REVIEW AND FORECAST kind of negotiations or settlements are we out and cast a ballot not for the purpose HEALTHAND ACARE:UGU FOREC SSTTAATE 8S TOF THE talking about.” of determining the outcome – that was HR RULES & LEGALINDUST RAMIFICRY ATIONS Hoover said he will be running again preordained,” he said of the referendum in the school board elections in each turnout this week. “And still 8,000 people town that are coming probably in early in the middle of vacation season did what NOVEMBER 7 November. He also says all of the other they needed to do to get to the polls just to For information on the seminarsSEPTEMBER or sponsorship opportunities,19 please contact For informCationOMMERCIAL on the seminars REALor sponsorship ESTA opportunities,TE REVIEW please contact contenders who won seats last year on the cast that ballot. … To me that is evidence Don FancherHEA at 90L1-TH528- CARE:5283 or d fSancher@memphisdailynTATE OF THE ews.com. Don Fancher at 901-5AND28-5283 F orOREC dfancher@memphisdailynAST ews.com. Germantown school board will probably of a tremendous passion in the commu- INDUSTRY run again as well. nity for our schools.”

NOVEMBER 7 COMMERCIAL REAL ESTATE REVIEW For information on the seminarsAND or F sponsorshipORECAS opportunities,T please contact Don Fancher at 901-528-A5283UGU or dfancher@memphisdailynST 8 ews.com.

For information on the seminars or sponsorship opportunities, please contact Don FHRancher RULES at 901-5 28-& 5LEGAL283 or dfancher@memphisdailyn RAMIFICATIONSews.com.

SEPTEMBER 19 HEALTH CARE: STATE OF THE INDUSTRY

NOVEMBER 7 COMMERCIAL REAL ESTATE REVIEW AND FORECAST

For information on the seminars or sponsorship opportunities, please contact Don Fancher at 901-528-5283 or [email protected]. 30 July 1919-25, - 25, 2013 2013 www.thememphisnews.com

public notices

Foreclosure Notices Trustee will, on September 9, 2013 on and runs thence North 88.5 degrees shown on any applicable recorded agency, state or federal; any prior liens or about 10:00 A.M., at the Fayette East with the South margin of Fair plat; any unpaid taxes; any restrictive or encumbrances as well as any priority Fayette County County Courthouse, Somerville, Ten‑ Oaks Drive 100 feet to a stake at covenants, easements, or setback lines created by a fixture filing; and to any nessee, offer for sale certain property the Northwest corner of Lot Number that may be applicable; any statutory matter that an accurate survey of the hereinafter described to the highest 11; thence South 1.5 degrees East rights of redemption of any governmental premises might disclose. In addition, the NOTICE OF TRUSTEE’S SALE bidder FOR CASH, free from the statu- with the West line of said Lot Number agency, state or federal; any prior liens following parties may claim an interest WHEREAS, default has occurred in the tory right of redemption, homestead, 11, 180 feet to a stake in the North or encumbrances as well as any priority in the above-referenced property: Philip performance of the covenants, terms, dower, and all other exemptions which line of Bon Air Estates; thence South created by a fixture filing; and to any Garside; Cynthia Garside and conditions of a Deed of Trust Note are expressly waived in the Deed of 88.5 degrees West with the North line matter that an accurate survey of the The sale held pursuant to this Notice dated November 23, 2010, and the Trust, said property being real estate of said Bon Air Estates 100 feet to premises might disclose. In addition, may be rescinded at the Successor Deed of Trust of even date securing the situated in Fayette County, Tennessee, a stake at the Southeast corner of the following parties may claim an inter- Trustee’s option at any time. The right same, recorded December 3, 2010, as and being more particularly described said Lot Number 9; thence North 1.5 est in the above-referenced property: is reserved to adjourn the day of the Instrument No. 10006632 in Office of as follows: degrees West with the East line of Helena P. Louvaris; HSBC Mortgage sale to another day, time, and place the Register of Deeds for Fayette County, The following described real estate, Lot Number 9, 180 feet to the point Services Inc.; Decision One Mortgage certain without further publication, upon Tennessee, executed by Alicia M. Sap- situated in Fayette County, Ten‑ of beginning. Being Lot Number 10 Company; Unknown Heirs of Rheudean announcement at the time and place pington, conveying certain property nessee: in Block 5 of Section 1 of the Fair B. Douglass; HSBC Mortgage Services; for the sale set forth above. W&A No. therein described to Charles E. Tonkin, Lot 12, Phase I, Sommerset Subdivi‑ Oaks Subdivision. HSBC Mortgage Services 700‑227618 II A Knox County Resident as Trustee sion, as shown on plat of record in Plat ALSO KNOWN AS: 78 Fair Oaks Drive, The sale held pursuant to this Notice DATED July 5, 2013 for Mortgage Electronic Registration Book 8, Page 96, in the Register’s Jackson, Tennessee 38305 may be rescinded at the Successor WILSON & ASSOCIATES, P.L.L.C., Systems, Inc., as nominee for Mortgage Office of Fayette County, Tennessee, This sale is subject to all matters Trustee’s option at any time. The right Successor Trustee Investors Group, its successors and to which plat reference is hereby made shown on any applicable recorded is reserved to adjourn the day of the FOR SALE INFORMATION, VISIT WWW. assigns; and the undersigned, Wilson for a more particular description of plat; any unpaid taxes; any restrictive sale to another day, time, and place MYFIR.COM and WWW.REALTYTRAC. & Associates, P.L.L.C., having been said property. covenants, easements, or setback lines certain without further publication, upon COM appointed Successor Trustee. ALSO KNOWN AS: 60 Caitlyn Geneva that may be applicable; any statutory announcement at the time and place July 12, 19, 26, 2013 Fin11564 NOW, THEREFORE, notice is hereby Cove, Oakland, Tennessee 38060 rights of redemption of any governmental for the sale set forth above. W&A No. given that the entire indebtedness has This sale is subject to all matters agency, state or federal; any prior liens 1286‑143621 NOTICE OF TRUSTEE’S SALE been declared due and payable; and shown on any applicable recorded plat; or encumbrances as well as any priority DATED June 28, 2013 WHEREAS, default has occurred in the that an agent of Wilson & Associates, any unpaid taxes; any restrictive cov- created by a fixture filing; and to any WILSON & ASSOCIATES, P.L.L.C., performance of the covenants, terms, P.L.L.C., as Successor Trustee, by virtue enants, easements, or setback lines matter that an accurate survey of the Successor Trustee and conditions of a Deed of Trust Note of the power, duty, and authority vested that may be applicable; any statutory premises might disclose. In addition, the FOR SALE INFORMATION, VISIT WWW. dated March 12, 2007, and the Deed of in and imposed upon said Successor rights of redemption of any governmental following parties may claim an interest MYFIR.COM and WWW.REALTYTRAC. Trust of even date securing the same, re- Trustee will, on August 26, 2013 on agency, state or federal; any prior liens in the above-referenced property: Philip COM corded March 14, 2007, at Book T1792, or about 10:00 A.M., at the Fayette or encumbrances as well as any priority Garside; Cynthia Garside; Sayle Oil July 5, 12, 19, 2013 Fin11562 Page 559 in Office of the Register of County Courthouse, Somerville, Ten‑ created by a fixture filing; and to any Company, Inc. Deeds for Madison County, Tennessee, nessee, offer for sale certain property matter that an accurate survey of the The sale held pursuant to this Notice NOTICE OF TRUSTEE’S SALE executed by Jimmy W. Ables, conveying hereinafter described to the highest premises might disclose. In addition, the may be rescinded at the Successor WHEREAS, default has occurred in the certain property therein described to bidder FOR CASH, free from the statu- following parties may claim an interest Trustee’s option at any time. The right performance of the covenants, terms, Charles R. Pettigrew, Attorney at Law tory right of redemption, homestead, in the above-referenced property: Kevin is reserved to adjourn the day of the and conditions of a Deed of Trust Note as Trustee for Mortgage Electronic dower, and all other exemptions which Weaver sale to another day, time, and place dated July 12, 2007, and the Deed of Registration Systems, Inc., as nominee are expressly waived in the Deed of The sale held pursuant to this Notice certain without further publication, upon Trust of even date securing the same, for American Home Mortgage, its succes- Trust, said property being real estate may be rescinded at the Successor announcement at the time and place recorded July 25, 2007, at Book T1806, sors and assigns; and the undersigned, situated in Fayette County, Tennessee, Trustee’s option at any time. The right for the sale set forth above. W&A No. Page 902 in Office of the Register of Wilson & Associates, P.L.L.C., having and being more particularly described is reserved to adjourn the day of the 700‑229186 Deeds for Madison County, Tennessee, been appointed Successor Trustee. as follows: sale to another day, time, and place DATED June 27, 2013 executed by Philip Garside and Cynthia NOW, THEREFORE, notice is hereby Lot 196, The Oaklands Subdivision, certain without further publication, upon WILSON & ASSOCIATES, P.L.L.C., Garside, conveying certain property given that the entire indebtedness has Section E, as shown on plat of re‑ announcement at the time and place Successor Trustee therein described to Hunter Simmons been declared due and payable; and cord in Plat Book 7, Page 57, in the for the sale set forth above. W&A No. FOR SALE INFORMATION, VISIT WWW. as Trustee for First South Bank; and that an agent of Wilson & Associates, Register’s Office of Fayette County, 1286‑234923 MYFIR.COM and WWW.REALTYTRAC. the undersigned, Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue Tennessee, to which plat reference DATED July 11, 2013 COM P.L.L.C., having been appointed Suc- of the power, duty, and authority vested is hereby made for a more particular WILSON & ASSOCIATES, P.L.L.C., July 5, 12, 19, 2013 Fin11561 cessor Trustee. in and imposed upon said Successor description of said property. Successor Trustee NOW, THEREFORE, notice is hereby Trustee will, on August 29, 2013 on ALSO KNOWN AS: 165 Oaksedge FOR SALE INFORMATION, VISIT WWW. NOTICE OF TRUSTEE’S SALE given that the entire indebtedness has or about 11:00 A.M., at the Madison Drive, Oakland, Tennessee 38060 MYFIR.COM and WWW.REALTYTRAC. WHEREAS, default has occurred in the been declared due and payable; and County Courthouse, Jackson, Tennes‑ This sale is subject to all matters COM performance of the covenants, terms, that an agent of Wilson & Associates, see, offer for sale certain property here- shown on any applicable recorded plat; July 19, 26, Aug. 2, 2013 Fin11577 and conditions of a Deed of Trust Note P.L.L.C., as Successor Trustee, by virtue inafter described to the highest bidder any unpaid taxes; any restrictive cov- dated March 27, 2006, and the Deed of of the power, duty, and authority vested FOR CASH, free from the statutory right enants, easements, or setback lines Trust of even date securing the same, in and imposed upon said Successor of redemption, homestead, dower, and that may be applicable; any statutory recorded April 17, 2006, at Book T1751, Trustee will, on August 8, 2013 on all other exemptions which are expressly rights of redemption of any governmental Foreclosure Notices Page 541 in Office of the Register of or about 11:00 A.M., at the Madison waived in the Deed of Trust, said property agency, state or federal; any prior liens Deeds for Madison County, Tennessee, County Courthouse, Jackson, Tennes‑ being real estate situated in Madison or encumbrances as well as any priority Madison County executed by Helena P. Louvaris, convey- see, offer for sale certain property here- County, Tennessee, and being more created by a fixture filing; and to any ing certain property therein described to inafter described to the highest bidder particularly described as follows: matter that an accurate survey of the Carter, Stanfill & Kirk, PLLC as Trustee FOR CASH, free from the statutory right Beginning at an iron pin found in the premises might disclose. In addition, the NOTICE OF TRUSTEE’S SALE for Mortgage Electronic Registration of redemption, homestead, dower, and North margin of Cedarfield Road, following parties may claim an interest WHEREAS, default has occurred in the Systems, Inc., as nominee for Decision all other exemptions which are expressly which point is the Southeast corner in the above-referenced property: Alicia performance of the covenants, terms, One Mortgage Company, LLC, its succes- waived in the Deed of Trust, said property of Betty Galloway as recorded in Deed M. Sappington; Joseph F. Ackerman, and conditions of a Deed of Trust Note sors and assigns; and the undersigned, being real estate situated in Madison Book 599, Page 758 in the Register’s III; GE Capital Retail Bank dated June 28, 2007, and the Deed of Wilson & Associates, P.L.L.C., having County, Tennessee, and being more Office of Madison County, Tennessee, The sale held pursuant to this Notice Trust of even date securing the same, been appointed Successor Trustee. particularly described as follows: thence from the point of beginning and may be rescinded at the Successor recorded June 29, 2007, at Book T1803, NOW, THEREFORE, notice is hereby Beginning at a stake in the East with the East line of Galloway, North Trustee’s option at any time. The right Page 1826 in Office of the Register of given that the entire indebtedness has margin of North Highland Avenue of 08 degrees 25 minutes 28 seconds is reserved to adjourn the day of the Deeds for Madison County, Tennessee, been declared due and payable; and U.S. Highway Number 45 as widened East 354.29 feet to an iron pin found sale to another day, time, and place executed by Philip Garside and Cynthia that an agent of Wilson & Associates, 10 feet, said stake being 40 feet from in the South line of Howard Johnson as certain without further publication, upon Garside, conveying certain property P.L.L.C., as Successor Trustee, by virtue the center of Highway and at the recorded in Deed Book 468, Page 197 announcement at the time and place therein described to Hunter Simmons of the power, duty, and authority vested Northwest corner of Lot Number 6, in the said Register’s Office; thence for the sale set forth above. W&A No. as Trustee for First South Bank; and in and imposed upon said Successor Block Number 1 in Section I, of Fair with the South line of Johnson South 1286‑232112 the undersigned, Wilson & Associates, Trustee will, on August 1, 2013 on Oaks Subdivision, as per plat of record 88 degrees 30 minutes 14 seconds DATED July 3, 2013 P.L.L.C., having been appointed Suc- or about 11:00 A.M., at the Madison in the Register’s Office of Madison East 919.60 feet to a fence corner, WILSON & ASSOCIATES, P.L.L.C., cessor Trustee. County Courthouse, Jackson, Tennes‑ County, Tennessee, and runs thence thence following a fence on a new Successor Trustee NOW, THEREFORE, notice is hereby see, offer for sale certain property here- North 9 and a Half degrees West with line through Anthony Cooper, South FOR SALE INFORMATION, VISIT WWW. given that the entire indebtedness has inafter described to the highest bidder the East margin of said road U.S. 24 degrees 23 minutes 01 seconds MYFIR.COM and WWW.REALTYTRAC. been declared due and payable; and FOR CASH, free from the statutory right Highway Number 45, a distance of West 172.23 feet to a fence corner COM that an agent of Wilson & Associates, of redemption, homestead, dower, and 96.5 feet to a stake in the Southwest in the North line of James Osborn as July 12, 19, 26, 2013 Fin11571 P.L.L.C., as Successor Trustee, by virtue all other exemptions which are expressly corner of Lot Number 4; thence North recorded in Deed Book 502, Page 528 of the power, duty, and authority vested waived in the Deed of Trust, said property 80 and a Half degrees East a distance in the said Register’s Office, thence NOTICE OF TRUSTEE’S SALE in and imposed upon said Successor being real estate situated in Madison of 160 feet to a stake at the South‑ with the North line of Osborn, North WHEREAS, default has occurred in the Trustee will, on August 1, 2013 on County, Tennessee, and being more east corner of Lot Number 4; thence 61 degrees 30 minutes 00 seconds performance of the covenants, terms, or about 11:00 A.M., at the Madison particularly described as follows: South 9 and a Half degrees East a West 39.04 feet to an iron pin found and conditions of a Deed of Trust Note County Courthouse, Jackson, Tennes‑ Beginning at a stake in the West distance of 96.5 feet to a stake at at the Northeast corner of Paul dated November 23, 2011, and the see, offer for sale certain property here- margin of Glendale Avenue (formerly the Northeast corner of Lot Number Seefelt as recorded in Deed Book Deed of Trust of even date securing the inafter described to the highest bidder known as Hogsett Street), said stake 6; thence in a Southwesterly direction 586, Page 181 in the said Register’s same, recorded August 24, 2012, as FOR CASH, free from the statutory right being 56 feet South of the South and parallel to the North line of this lot Office, thence with the North line of Instrument No. 12004929 in Office of of redemption, homestead, dower, and margin of Williams Street; and runs a distance of 160 feet to the point of Seefelt North 78 degrees 53 minutes the Register of Deeds for Fayette County, all other exemptions which are expressly thence West 149 feet to a 10 foot beginning, and being Lot Number 5 in 58 seconds West 214.41 feet to an Tennessee, executed by Kevin Weaver, waived in the Deed of Trust, said property alley; thence South 54.3 feet to a Block 1 in Section I of the Fair Oaks iron pin found at the Northeast cor‑ conveying certain property therein being real estate situated in Madison stake; thence East 149 feet to the Subdivision, a plat of which appears ner of Barbara Edwards as recorded described to Arnold M. Weiss, Esq. as County, Tennessee, and being more West margin of Glendale Avenue; of record in Plat Book 1, Page 216, in Deed Book 586, Page 668 in the Trustee for Wells Fargo Bank, N.A.; and particularly described as follows: thence North with West margin of in the Register’s Office of Madison said Register’s Office, thence with the undersigned, Wilson & Associates, Beginning at a stake in the South Glendale Avenue 54.3 feet to the County, Tennessee. the North line of Edwards, South 86 P.L.L.C., having been appointed Suc- margin of Fair Oaks Drive, said stake place of beginning, and being desig‑ ALSO KNOWN AS: 2214 North High‑ degrees 03 minutes 53 seconds West cessor Trustee. being 920 feet East of the East mar‑ nated as Lot Number 19 in the Lane land Avenue, Jackson, Tennessee 289.49 feet to an iron pin found at the NOW, THEREFORE, notice is hereby gin of U.S. Highway Number 45 (as and Pearson Subdivision, as appears 38305 Northwest corner of Edwards; thence given that the entire indebtedness has widened) and at the Northeast corner of record in Plat Book 1, Page 107, This sale is subject to all matters with the West line of Edwards South been declared due and payable; and of Lot Number 9 in Block 5 in Section in the Register’s Office of Madison shown on any applicable recorded 5 degrees 20 minutes 26 seconds that an agent of Wilson & Associates, l of the Fair Oaks Subdivision, a plat County, Tennessee. plat; any unpaid taxes; any restrictive East 199.20 feet to an iron, pin found P.L.L.C., as Successor Trustee, by virtue of which appears of record in Plat ALSO KNOWN AS: 159 Glendale covenants, easements, or setback lines in the North margin of Cedarfield of the power, duty, and authority vested Book 1, Page 216, in the Register’s Street, Jackson, Tennessee 38301 that may be applicable; any statutory Road; thence with the North margin in and imposed upon said Successor Office of Madison County, Tennessee; This sale is subject to all matters rights of redemption of any governmental of Cedarfield Road the following www.thememphisnews.com JulyJuly 19 19-25, - 25, 20132013 31

public notices

calls: South 78 degrees 33 minutes Trustee’s option at any time. The right ration, its sucessors and assigns; and This sale is subject to all matters Related Info 22 seconds West 45.09 feet, South is reserved to adjourn the day of the the undersigned, Wilson & Associates, shown on any applicable recorded 83 degrees 36 minutes 42 seconds sale to another day, time, and place P.L.L.C., having been appointed Suc- plat; any unpaid taxes; any restrictive Also read our daily edition, The Daily West 166.04 feet; thence North 84 certain without further publication, upon cessor Trustee. covenants, easements, or setback lines News, in print or online every business degrees 45 minutes 37 seconds West announcement at the time and place NOW, THEREFORE, notice is hereby that may be applicable; any statutory day for public notices for Memphis & 176.64 feet to the point of beginning, for the sale set forth above. W&A No. given that the entire indebtedness has rights of redemption of any governmental Shelby County. containing 4.44 acres. 700‑204390/700‑76642 been declared due and payable; and agency, state or federal; any prior liens Go to www.memphisdailynews.com or (Legal description corrected with DATED June 28, 2013 that an agent of Wilson & Associates, or encumbrances as well as any priority call 683.NEWS for more information. Attorney’s Affidavit recorded on WILSON & ASSOCIATES, P.L.L.C., P.L.L.C., as Successor Trustee, by virtue created by a fixture filing; and to any 6/20/2013) Successor Trustee of the power, duty, and authority vested matter that an accurate survey of the ALSO KNOWN AS: 431 Cedarfield FOR SALE INFORMATION, VISIT WWW. in and imposed upon said Successor premises might disclose. In addition, the Road, Pinson, Tennessee 38366 MYFIR.COM and WWW.REALTYTRAC. Trustee will, on August 8, 2013 on following parties may claim an interest in This sale is subject to all matters COM or about 11:00 A.M., at the Madison the above-referenced property: Bradley shown on any applicable recorded July 12, 19, 26, 2013 Fin11568 County Courthouse, Jackson, Tennes‑ E. Young plat; any unpaid taxes; any restrictive see, offer for sale certain property here- The sale held pursuant to this Notice or about 11:00 A.M., at the Madison covenants, easements, or setback lines NOTICE OF TRUSTEE’S SALE inafter described to the highest bidder may be rescinded at the Successor County Courthouse, Jackson, Tennes‑ that may be applicable; any statutory WHEREAS, default has occurred FOR CASH, free from the statutory right Trustee’s option at any time. The right see, offer for sale certain property here- rights of redemption of any governmental in the performance of the covenants, of redemption, homestead, dower, and is reserved to adjourn the day of the inafter described to the highest bidder agency, state or federal; any prior liens terms, and conditions of a Deed of all other exemptions which are expressly sale to another day, time, and place FOR CASH, free from the statutory right or encumbrances as well as any priority Trust Note dated March 22, 2002, and waived in the Deed of Trust, said property certain without further publication, upon of redemption, homestead, dower, and created by a fixture filing; and to any the Deed of Trust of even date securing being real estate situated in Madison announcement at the time and place all other exemptions which are expressly matter that an accurate survey of the the same, recorded March 26, 2002, at County, Tennessee, and being more for the sale set forth above. W&A No. waived in the Deed of Trust, said property premises might disclose. In addition, the Book T1368, Page 234 in Office of the particularly described as follows: 1286‑235842 being real estate situated in Madison following parties may claim an interest in Register of Deeds for Madison County, Beginning on a point in the Western DATED July 8, 2013 County, Tennessee, and being more the above-referenced property: Jimmy W. Tennessee, executed by Ricky R. Mitch- margin of Tarkenton Drive and being WILSON & ASSOCIATES, P.L.L.C., particularly described as follows: Ables; JPMorgan Chase Bank, National ell and Kimberly L. Mitchell, conveying 25 feet from the center of said drive Successor Trustee Beginning at an iron pin on the West Association certain property therein described to R. and also being the Southeast corner FOR SALE INFORMATION, VISIT WWW. margin of Ridgemont Drive at the The sale held pursuant to this Notice Bradley Sigler as Trustee for Mortgage of Lot 94 of North Brunswick Place, MYFIR.COM and WWW.REALTYTRAC. Southeast corner of Lot 113, Section may be rescinded at the Successor Electronic Registration Systems, Inc., as Section VII; thence with the margin of COM III, Woodland Hills Subdivision as Trustee’s option at any time. The right nominee for Franklin American Mortgage said drive and with the arc of a curve July 12, 19, 26, 2013 Fin11573 recorded in Plat Book 2, Page 92, is reserved to adjourn the day of the Company, its successors and assigns; to the left having a radius of 513.85 in the Register’s Office of Madison sale to another day, time, and place and the undersigned, Wilson & Associ- feet a distance of 95.11 feet to a point NOTICE OF TRUSTEE’S SALE County, Tennessee; thence with the certain without further publication, upon ates, P.L.L.C., having been appointed being the Northeast corner of Lot 92; WHEREAS, default has occurred in the West margin of Ridgemont Drive fol‑ announcement at the time and place Successor Trustee. thence with the Northern line of Lot performance of the covenants, terms, lowing a curve (radius of 667.30 feet) for the sale set forth above. W&A No. NOW, THEREFORE, notice is hereby 92 South 61 degrees 43 minutes 07 and conditions of a Deed of Trust Note to the left a distance of 110 feet to 700‑236130 given that the entire indebtedness has seconds West a distance of 223.4 dated November 29, 2006, and the an iron pin on the North line of Lot DATED June 28, 2013 been declared due and payable; and feet to a point being the Northwest Deed of Trust of even date securing the 57, Section I as recorded in Plat Book WILSON & ASSOCIATES, P.L.L.C., that an agent of Wilson & Associates, corner of Lot 92; thence North 42 same, recorded December 11, 2006, 2, Page 90 in said Register’s Office; Successor Trustee P.L.L.C., as Successor Trustee, by virtue degrees 38 minutes 02 seconds at Book T1782, Page 1619 in Office thence with the North line of Lot FOR SALE INFORMATION, VISIT WWW. of the power, duty, and authority vested West a distance of 101.02 feet to of the Register of Deeds for Madison 57 and Lot 51 North 73 degrees 48 MYFIR.COM and WWW.REALTYTRAC. in and imposed upon said Successor a point; thence North 0 degrees 39 County, Tennessee, executed by Dorothy minutes 26 seconds West a distance COM Trustee will, on August 29, 2013 on minutes 51 seconds East a distance Ward, conveying certain property therein of 175 feet to an iron pin; thence July 12, 19, 26, 2013 Fin11565 or about 11:00 A.M., at the Madison of 46.67 feet to a point being the described to Arnold M. Weiss, Esq. as North 11 degrees 50 minutes East County Courthouse, Jackson, Tennes‑ Southwest corner of Lot 94; thence Trustee for Wells Fargo Bank N.A.; and a distance of 106 feet to an iron pin NOTICE OF TRUSTEE’S SALE see, offer for sale certain property here- with the South line of Lot 94 North the undersigned, Wilson & Associates, at the Southwest corner of Lot 113; WHEREAS, default has occurred in the inafter described to the highest bidder 72 degrees 20 minutes 20 seconds P.L.L.C., having been appointed Suc- thence with the South line of Lot 113 performance of the covenants, terms, FOR CASH, free from the statutory right East a distance of 238.75 feet to cessor Trustee. South 73 degrees 30 minutes East a and conditions of a Deed of Trust Note of redemption, homestead, dower, and the point of beginning. This being the NOW, THEREFORE, notice is hereby distance of 170.53 feet to the point dated June 4, 2003, and the Deed of all other exemptions which are expressly exact same Lot 93 of North Brunswick given that the entire indebtedness has of beginning. Being Lot 112, Section Trust of even date securing the same, waived in the Deed of Trust, said property Place, Section VII, as shown on plat been declared due and payable; and III, Woodland Hills Subdivision platted recorded June 6, 2003, at Book T1485, being real estate situated in Madison in Plat Book 6, at Page 216, on file that an agent of Wilson & Associates, as aforesaid, as surveyed by David Page 738 in Office of the Register of County, Tennessee, and being more in the Register’s Office of Madison P.L.L.C., as Successor Trustee, by virtue Hall Land Surveying Company, R.L.S. Deeds for Madison County, Tennessee, particularly described as follows: County, Tennessee. of the power, duty, and authority vested #943, on May 25, 1994. executed by Carol Newman, conveying Being Lot Number 208, Section II of ALSO KNOWN AS: 33 Tarkenton Drive, in and imposed upon said Successor certain property therein described to the Cotton Ridge Estates a plat of Humboldt, Tennessee 38343‑8595 Trustee will, on August 8, 2013 on Continued on page 32 Charles R. Pettigrew as Trustee for which appears of record in Plat Book First Franklin Financial Corporation; and 8, Page 137, and to which reference the undersigned, Wilson & Associates, is hereby made for a more particular P.L.L.C., having been appointed Suc- description of said lot. cessor Trustee. ALSO KNOWN AS: 41 Denim Cove, NOW, THEREFORE, notice is hereby Jackson, Tennessee 38305‑7518 given that the entire indebtedness has This sale is subject to all matters • Sales Comparables been declared due and payable; and shown on any applicable recorded that an agent of Wilson & Associates, plat; any unpaid taxes; any restrictive P.L.L.C., as Successor Trustee, by virtue covenants, easements, or setback lines of the power, duty, and authority vested that may be applicable; any statutory • Thousands of Photos in and imposed upon said Successor rights of redemption of any governmental Trustee will, on August 8, 2013 on agency, state or federal; any prior liens or about 11:00 A.M., at the Madison or encumbrances as well as any priority County Courthouse, Jackson, Tennes‑ created by a fixture filing; and to any see, offer for sale certain property here- matter that an accurate survey of the • Commercial Property Profiles inafter described to the highest bidder premises might disclose. In addition, the FOR CASH, free from the statutory right following parties may claim an interest of redemption, homestead, dower, and in the above-referenced property: Ricky all other exemptions which are expressly R. Mitchell; Kimberly L. Mitchell; Citi‑ • Complete Sales History waived in the Deed of Trust, said property Financial, Inc.; CitiFinancial, Inc. being real estate situated in Madison The sale held pursuant to this Notice County, Tennessee, and being more may be rescinded at the Successor particularly described as follows: Trustee’s option at any time. The right Being Lot 1 on final plat for Nancy is reserved to adjourn the day of the • Sales & Construction Activity Reports C. Newman prepared by Murry T. sale to another day, time, and place Jenkins, Register’s Land Surveyor certain without further publication, upon 2031, as recorded on October 31, announcement at the time and place 2001 in Plat Book 9, Page 203, in the for the sale set forth above. W&A No. • And much more! Register’s Office of Madison County, 1286‑232408 Tennessee, reference to which plat DATED July 2, 2013 is hereby made for a more particular WILSON & ASSOCIATES, P.L.L.C., description of said lot showing its Successor Trustee location and the length and direction FOR SALE INFORMATION, VISIT WWW. of its boundary lines. MYFIR.COM and WWW.REALTYTRAC. ALSO KNOWN AS: 2561 Riverside COM Drive, Jackson, Tennessee 38301 July 12, 19, 26, 2013 Fin11572 This sale is subject to all matters shown on any applicable recorded NOTICE OF TRUSTEE’S SALE plat; any unpaid taxes; any restrictive WHEREAS, default has occurred in the covenants, easements, or setback lines performance of the covenants, terms, that may be applicable; any statutory and conditions of a Deed of Trust Note rights of redemption of any governmental dated May 31, 2011, and the Deed of agency, state or federal; any prior liens Trust of even date securing the same, or encumbrances as well as any priority recorded May 31, 2011, at Book T1905, created by a fixture filing; and to any Page 934 in Office of the Register of The standard for Mid-South real estate matter that an accurate survey of the Deeds for Madison County, Tennessee, information since 1968 premises might disclose. In addition, the executed by Bradley E. Young, conveying following parties may claim an interest certain property therein described to in the above-referenced property: Carol Charles H. Byrd Sr. as Trustee for Mort- Newman gage Electronic Registration Systems, Call 458-6419 or go to The sale held pursuant to this Notice Inc., as nominee for Franklin American www.chandlerreports.com may be rescinded at the Successor Mortgage Company, a Tennessee Corpo- 32 JulyJuly 1919-25, - 25, 2013 2013 www.thememphisnews.com

public notices

Foreclosure Notices inafter described to the highest bidder Page 65 in Offi ce of the Register of COM Revenue Service; Capital One Bank; Continued from page 31 FOR CASH, free from the statutory right Deeds for Tipton County, Tennessee, July 5, 12, 19, 2013 Fin11558 Teresa M. Ruby as the administrator of redemption, homestead, dower, and executed by James A. Adams and Ur- of the estate of David Clayton Ruby; [Legal description has been corrected all other exemptions which are expressly sula Ponder Adams, conveying certain NOTICE OF TRUSTEE’S SALE The Unknown Heirs of David C. Ruby; pursuant to attorney affi davit to be waived in the Deed of Trust, said property property therein described to Dennie WHEREAS, default has occurred in the Midland Funding LLC fi led prior to foreclosure.] being real estate situated in Madison R. Marshall as Trustee for Mortgage performance of the covenants, terms, On or about May 2, 2008, the United ALSO KNOWN AS: 137 Ridgemont County, Tennessee, and being more Electronic Registration Systems, Inc., as and conditions of a Deed of Trust Note States of America, Internal Revenue Drive, Jackson, Tennessee 38305‑ particularly described as follows: nominee for GMAC Mortgage Corpora- dated May 7, 2002, and the Deed of Service, fi led a federal tax lien against 4612 Being Lot Number 43, of Section I of tion, its successors and assigns; and Trust of even date securing the same, the Defendant, Teresa and David Ruby, This sale is subject to all matters the Subdivision of Bemis Company, the undersigned, Wilson & Associates, recorded May 15, 2002, at Book 1002, recorded in the Register’s Offi ce of shown on any applicable recorded Inc. property, plat of which appears P.L.L.C., having been appointed Suc- Page 658 in Offi ce of the Register of Tipton County, Tennessee, at Book 17, plat; any unpaid taxes; any restrictive of record in the Register’s Offi ce of cessor Trustee. Deeds for Tipton County, Tennessee, Page 546. Any interest in the property covenants, easements, or setback lines Madison County, Tennessee in Plat NOW, THEREFORE, notice is hereby executed by David C. Ruby, conveying held by the United States of America, that may be applicable; any statutory Book 2, Page 179, et seq., reference given that the entire indebtedness has certain property therein described to Internal Revenue Service, by virtue of the rights of redemption of any governmental to which Plat is made for a particular been declared due and payable; and Kathryn L. Harris, a resident of P.O. aforementioned federal tax lien is both agency, state or federal; any prior liens description of said parcel of real that an agent of Wilson & Associates, Box 54, Rossville, Fayette County, TN junior and inferior to the interests held or encumbrances as well as any priority estate showing its location and the P.L.L.C., as Successor Trustee, by virtue 38066, as Trustee for Mortgage Elec- by CitiMortgage, Inc. Provided, however, created by a fi xture fi ling; and to any approximate length and direction of of the power, duty, and authority vested tronic Registration Systems, Inc., as a that the United States of America, Internal matter that an accurate survey of the boundary lines. in and imposed upon said Successor separate corporation that is acting solely Revenue Service, pursuant to 26 U.S.C. premises might disclose. In addition, the ALSO KNOWN AS: 107 Roberts Trustee will, on August 7, 2013 on or as a nominee for Community Mortgage §7425 and 28 U.S.C. §2410(c), shall following parties may claim an interest in Street, Jackson, Tennessee 38301‑ about 10:00 A.M., at the Tipton County Corporation and Community Mortgage have one hundred and twenty (120) the above-referenced property: Dorothy 7432 Courthouse, Covington, Tennessee, of- Corporation’s successors and assigns; days from the date of the sale within Ward This sale is subject to all matters fer for sale certain property hereinafter and the undersigned, Wilson & Associ- which to redeem the property by virtue The sale held pursuant to this Notice shown on any applicable recorded described to the highest bidder FOR ates, P.L.L.C., having been appointed of its tax lien(s) herein by payment of the may be rescinded at the Successor plat; any unpaid taxes; any restrictive CASH, free from the statutory right of Successor Trustee. actual amount paid by the purchaser at Trustee’s option at any time. The right covenants, easements, or setback lines redemption, homestead, dower, and all NOW, THEREFORE, notice is hereby the foreclosure sale, plus any amount is reserved to adjourn the day of the that may be applicable; any statutory other exemptions which are expressly given that the entire indebtedness has in excess of the expenses necessarily sale to another day, time, and place rights of redemption of any governmental waived in the Deed of Trust, said prop- been declared due and payable; and incurred in connection with such property, certain without further publication, upon agency, state or federal; any prior liens erty being real estate situated in Tipton that an agent of Wilson & Associates, less the income from such property, plus announcement at the time and place or encumbrances as well as any priority County, Tennessee, and being more P.L.L.C., as Successor Trustee, by virtue a reasonable rental value of such prop- for the sale set forth above. W&A No. created by a fi xture fi ling; and to any particularly described as follows: of the power, duty, and authority vested erty. As required by 26 U.S.C. §7425(b), 1286‑235922 matter that an accurate survey of the Lot 9, Section D, Woodale Subdivi‑ in and imposed upon said Successor the United States of America, Internal DATED July 2, 2013 premises might disclose. In addition, the sion, as shown on Plat of record at Trustee will, on August 7, 2013 on or Revenue Service has been given timely WILSON & ASSOCIATES, P.L.L.C., following parties may claim an interest Cabinet E, Slide 166, in the Register’s about 10:00 A.M., at the Tipton County notice of this action. Successor Trustee in the above-referenced property: Eron Offi ce of Tipton County, Tennessee, Courthouse, Covington, Tennessee, of- On or about November 24, 2008, FOR SALE INFORMATION, VISIT WWW. Faye Wilson; The Estate of Eron Faye to which reference is hereby made fer for sale certain property hereinafter the United States of America, Internal MYFIR.COM and WWW.REALTYTRAC. Wilson; The Heirs of The Estate of Eron for a more particular description of described to the highest bidder FOR Revenue Service, fi led a federal tax lien COM Faye Wilson; Marion T. Smith and Othell said lot. CASH, free from the statutory right of against the Defendant, Teresa and David July 12, 19, 26, 2013 Fin11574 H. Smith ALSO KNOWN AS: 271 Groom Avenue, redemption, homestead, dower, and all Ruby, recorded in the Register’s Offi ce of The sale held pursuant to this Notice Covington, Tennessee 38019 other exemptions which are expressly Tipton County, Tennessee, at Book 17, NOTICE OF TRUSTEE’S SALE may be rescinded at the Successor This sale is subject to all matters waived in the Deed of Trust, said prop- Page 652. Any interest in the property WHEREAS, default has occurred in the Trustee’s option at any time. The right shown on any applicable recorded plat; erty being real estate situated in Tipton held by the United States of America, performance of the covenants, terms, is reserved to adjourn the day of the any unpaid taxes; any restrictive cov- County, Tennessee, and being more Internal Revenue Service, by virtue of the and conditions of a Deed of Trust Note sale to another day, time, and place enants, easements, or setback lines particularly described as follows: aforementioned federal tax lien is both dated March 25, 2005, and the Deed of certain without further publication, upon that may be applicable; any statutory Lot 53, Woodlawn Plantation, Sec‑ junior and inferior to the interests held Trust of even date securing the same, re- announcement at the time and place rights of redemption of any governmental tion B, as shown on plat of record by CitiMortgage, Inc. Provided, however, corded March 29, 2005, at Book T1658, for the sale set forth above. W&A No. agency, state or federal; any prior liens in Plat Cabinet D, Slide 106, in the that the United States of America, Internal Page 452 in Offi ce of the Register of 1286‑235965 or encumbrances as well as any priority Register’s Offi ce of Tipton County, Revenue Service, pursuant to 26 U.S.C. Deeds for Madison County, Tennessee, DATED July 5, 2013 created by a fi xture fi ling; and to any Tennessee, to which plat reference §7425 and 28 U.S.C. §2410(c), shall executed by Eron Faye Wilson, conveying WILSON & ASSOCIATES, P.L.L.C., matter that an accurate survey of the is hereby made for a more particular have one hundred and twenty (120) certain property therein described to R. Successor Trustee premises might disclose. In addition, the description of said property. days from the date of the sale within Bradley Sigler as Trustee for Mortgage FOR SALE INFORMATION, VISIT WWW. following parties may claim an interest in ALSO KNOWN AS: 249 Bloomington which to redeem the property by virtue Electronic Registration Systems, Inc., as MYFIR.COM and WWW.REALTYTRAC. the above-referenced property: James A. Drive, Brighton, Tennessee 38011 of its tax lien(s) herein by payment of the nominee for Franklin American Mortgage COM Adams; Ursula Ponder Adams; Internal This sale is subject to all matters actual amount paid by the purchaser at Company, its successors and assigns; July 12, 19, 26, 2013 Fin11575 Revenue Service shown on any applicable recorded plat; the foreclosure sale, plus any amount and the undersigned, Wilson & Associ- The sale held pursuant to this Notice any unpaid taxes; any restrictive cov- in excess of the expenses necessarily ates, P.L.L.C., having been appointed may be rescinded at the Successor enants, easements, or setback lines incurred in connection with such property, Successor Trustee. Trustee’s option at any time. The right that may be applicable; any statutory less the income from such property, plus NOW, THEREFORE, notice is hereby Foreclosure Notices is reserved to adjourn the day of the rights of redemption of any governmental a reasonable rental value of such prop- given that the entire indebtedness has Tipton County sale to another day, time, and place agency, state or federal; any prior liens erty. As required by 26 U.S.C. §7425(b), been declared due and payable; and certain without further publication, upon or encumbrances as well as any priority the United States of America, Internal that an agent of Wilson & Associates, announcement at the time and place created by a fi xture fi ling; and to any Revenue Service has been given timely P.L.L.C., as Successor Trustee, by virtue NOTICE OF TRUSTEE’S SALE for the sale set forth above. W&A No. matter that an accurate survey of the notice of this action. of the power, duty, and authority vested WHEREAS, default has occurred in the 931‑100043 premises might disclose. In addition, the The sale held pursuant to this Notice in and imposed upon said Successor performance of the covenants, terms, DATED June 25, 2013 following parties may claim an interest may be rescinded at the Successor Trustee will, on August 8, 2013 on and conditions of a Deed of Trust Note WILSON & ASSOCIATES, P.L.L.C., in the above-referenced property: David Trustee’s option at any time. The right or about 11:00 A.M., at the Madison dated July 22, 2005, and the Deed of Successor Trustee C. Ruby; Teresa M. Ruby; American is reserved to adjourn the day of the County Courthouse, Jackson, Tennes‑ Trust of even date securing the same, FOR SALE INFORMATION, VISIT WWW. General Financial Services, Inc.; The sale to another day, time, and place see, offer for sale certain property here- recorded July 27, 2005, at Book 1219, MYFIR.COM and WWW.REALTYTRAC. Estate of David C. Ruby; Internal certain without further publication, upon announcement at the time and place for the sale set forth above. W&A No. 817‑181952 DATED June 28, 2013 WILSON & ASSOCIATES, P.L.L.C., Successor Trustee FOR SALE INFORMATION, VISIT WWW. MYFIR.COM and WWW.REALTYTRAC. COM July 5, 12, 19, 2013 Fin11560

NOTICE OF TRUSTEE’S SALE WHEREAS, default has occurred in the performance of the covenants, terms, and conditions of a Deed of Trust Note dated August 26, 2009, and the Deed of Trust of even date securing the same, recorded September 2, 2009, at Book 1450, Page 332 in Offi ce of the Register of Deeds for Tipton County, Tennessee, executed by Kristen Lewis and Delane Lewis, conveying certain property therein described to W. Aaron Fortner as Trustee for Mortgage Electronic Registration Systems, Inc., as nominee for Churchill Mortgage Corporation, a Tennessee Corporation, its successors and assigns; and the undersigned, Wilson & Associ- ates, P.L.L.C., having been appointed Successor Trustee. NOW, THEREFORE, notice is hereby given that the entire indebtedness has been declared due and payable; and that an agent of Wilson & Associates, P.L.L.C., as Successor Trustee, by virtue of the power, duty, and authority vested in and imposed upon said Successor Trustee will, on September 4, 2013 on or about 10:00 A.M., at the Tipton www.thememphisnews.com JulyJuly 19 19-25, - 25, 2013 33

public notices

County Courthouse, Covington, Ten‑ measured distance of 160.27 feet particularly described as follows: I Thence along said Southerly line of Related Info nessee, offer for sale certain property to a found iron post being the North‑ Beginning at a point in the East line Cook North 87 degrees 29 minutes hereinafter described to the highest west corner of Lot 23, also being the of Blaydes Street, said point being 59 feet East a distance of 202.26 Also read our daily edition, The Daily bidder FOR CASH, free from the statu- Southwest corner of Lot 40 of Munford in the Southwest corner of Lot 43; feet to a 2 feet iron pin found at the News, in print or online every business tory right of redemption, homestead, Estates, Section B as recorded at thence Southward along the East Southeasterly corner thereof; day for public notices for Memphis & dower, and all other exemptions which Plat Cabinet B Slide 191 and 192; line of Blaydes Street, on a curve to II Thence along the Easterly line of Shelby County. are expressly waived in the Deed of thence in a Southeastwardly direc‑ the left, having a radius of 841.74 land so conveyed to Cook North 03 Go to www.memphisdailynews.com or Trust, said property being real estate tion, along the North line of Lot 23 feet a distance of 202.46 feet to a degrees 15 minutes 20 seconds West call 683.NEWS for more information. situated in Tipton County, Tennessee, and the South line of Lot 40, South point in the Northwest corner of Lot a distance of 107.64 feet to a half and being more particularly described 81 degrees 22 minutes 05 second 41; thence North 70 degrees, 28 second iron rebar with cap set at the as follows: East, a called distance of 188.49 minutes, 03 seconds East along the Northeasterly corner thereof lying in Lot 10, Shiloh Estates Subdivision feet, but in all a measured distance North line of Lot 41, 227.87 feet to a Southerly line of land conveyed to as shown on plat of record in Plat of 188.38 feet to a found iron post a point in the Southwest corner of Shirley Stubblefield and Carol Reed Cabinet D, Slide 138, in the Register’s being the Northeast corner of Lot 23 Lot 46; thence North 19 degrees, by deed recorded in deed Book 1025, Office of Tipton County, Tennessee, to and the Northwest corner of Lot 25 of 31 minutes, 57 seconds West along Page 219 in the Tipton County Reg‑ which plat reference is hereby made said subdivision, Section A: thence the West line of Lot 46, 201.59 feet ister’s Office; This is to certify that this is a Class for a more particular description of in a Southeastwardly direction, along to a point in the Southeast corner of III Thence along said Southerly line I Survey with an unadjusted ratio of said lot. the East line of Lot 23 and the West Lot 43; thence South 70 degrees, 28 and a Southerly line of land conveyed precision of 1:10,000 or greater. ALSO KNOWN AS: 89 Michelle Cove, line of Lot 25, South 14 degrees 34 minutes, 03 seconds West along the to Mary Stewart and Rosalind Able Earl T. Beckwith, RLS 2251 Brighton, Tennessee 38011 minutes 02 seconds East, a called South line of Lot 43, 215.54 feet to by deed recorded in deed Book 1056, ALSO KNOWN AS: 365 Armstrong This sale is subject to all matters distance of 174.56. but a measured the point of beginning. Page 799 in the Tipton County, Reg‑ Road, Atoka, Tennessee 38004 shown on any applicable recorded plat; distance of 175.13 feet to a found ALSO KNOWN AS: 370 Blaydes Drive, ister’s Office North 83 degrees 48 This sale is subject to all matters any unpaid taxes; any restrictive cov- iron post being the Southeast corner Atoka, Tennessee 38004‑7108 minutes 46 seconds East a distance shown on any applicable recorded plat; enants, easements, or setback lines of Lot 23 and the Northeast corner of This sale is subject to all matters of 861.56 feet to a half inch iron rebar any unpaid taxes; any restrictive cov- that may be applicable; any statutory Lot 24 of said subdivision; thence in shown on any applicable recorded plat; found (I.D.Cole) at the Northwesterly enants, easements, or setback lines rights of redemption of any governmental a Northwestwardly direction, along any unpaid taxes; any restrictive cov- corner of land conveyed to Ziller that may be applicable; any statutory agency, state or federal; any prior liens the South line of Lot 23 and the North enants, easements, or setback lines Home by deed recorded in Deed Book rights of redemption of any governmental or encumbrances as well as any priority line of Lot 24, North 81 degrees 12 that may be applicable; any statutory 213, Page 483 in the Tipton County agency, state or federal; any prior liens created by a fixture filing; and to any minutes 42 seconds West, a called rights of redemption of any governmental Register’s Office; or encumbrances as well as any prior- matter that an accurate survey of the distance of 258.27 feet, but a mea‑ agency, state or federal; any prior liens IV Thence along a Westerly line of ity created by a fixture filing; and to any premises might disclose. In addition, the sured distance of 258.35 feet to the or encumbrances as well as any priority land so conveyed to Home South 03 matter that an accurate survey of the following parties may claim an interest in point of beginning and containing created by a fixture filing; and to any degrees 51 minutes 32 seconds East premises might disclose. In addition, the the above-referenced property: Kristen 0.82 acres, more or less. matter that an accurate survey of the a distance of 221.52 feet to a half following parties may claim an interest Lewis; Delane Lewis ALSO KNOWN AS: 346 West Drive, premises might disclose. In addition, the inch iron rebar with cap set; in the above-referenced property: Joy E The sale held pursuant to this Notice Munford, Tennessee 38058 following parties may claim an interest in V Thence South 83 degrees 48 min‑ Smith; Randell C Smith; Secretary of may be rescinded at the Successor This sale is subject to all matters the above-referenced property: Joseph utes 46 seconds West a distance Housing & Urban Development Trustee’s option at any time. The right shown on any applicable recorded plat; L. Wroblewski; Linda J. Wroblewski; of 1105.38 feet to a half inch iron The sale held pursuant to this Notice is reserved to adjourn the day of the any unpaid taxes; any restrictive cov- Associates Home Equity Services, Inc.; rebar with cap set in said Easterly may be rescinded at the Successor sale to another day, time, and place enants, easements, or setback lines Hallmark Credit sideline; Trustee’s option at any time. The right certain without further publication, upon that may be applicable; any statutory The sale held pursuant to this Notice VI Thence along said Easterly sideline is reserved to adjourn the day of the announcement at the time and place rights of redemption of any governmental may be rescinded at the Successor North 13 degrees 31 minutes 41 sec‑ sale to another day, time, and place for the sale set forth above. W&A No. agency, state or federal; any prior liens Trustee’s option at any time. The right onds East a distance of 134.74 feet to certain without further publication, upon 700‑236706 or encumbrances as well as any priority is reserved to adjourn the day of the the place of beginning and containing announcement at the time and place DATED July 5, 2013 created by a fixture filing; and to any sale to another day, time, and place 5.00 acres of land as surveyed, cal‑ for the sale set forth above. W&A No. WILSON & ASSOCIATES, P.L.L.C., matter that an accurate survey of the certain without further publication, upon culated and described in December 1286‑127575 Successor Trustee premises might disclose. In addition, the announcement at the time and place 2003 by Earl T. Beckwith RLS 2251 DATED July 5, 2013 FOR SALE INFORMATION, VISIT WWW. following parties may claim an interest for the sale set forth above. W&A No. of Beckwith Land Surveying, LLC, be WILSON & ASSOCIATES, P.L.L.C., MYFIR.COM and WWW.REALTYTRAC. in the above-referenced property: Jason 1286‑182747 the same, more or less, but subject Successor Trustee COM P. Thomas; Katie E. Thomas; City of DATED July 8, 2013 to all legal highways and easements FOR SALE INFORMATION, VISIT WWW. July 12, 19, 26, 2013 Fin11566 Munford, Tennessee; BancorpSouth WILSON & ASSOCIATES, P.L.L.C., of record. Bearings used herein refer MYFIR.COM and WWW.REALTYTRAC. Bank Successor Trustee to an assumed meridian and are in‑ COM NOTICE OF TRUSTEE’S SALE The sale held pursuant to this Notice FOR SALE INFORMATION, VISIT WWW. tended to indicate angles only. July 12, 19, 26, 2013 Fin11569 WHEREAS, default has occurred in the may be rescinded at the Successor MYFIR.COM and WWW.REALTYTRAC. performance of the covenants, terms, Trustee’s option at any time. The right COM and conditions of a Deed of Trust Note is reserved to adjourn the day of the July 12, 19, 26, 2013 Fin11570 dated April 20, 2006, and the Deed of sale to another day, time, and place Trust of even date securing the same, certain without further publication, upon NOTICE OF TRUSTEE’S SALE recorded April 24, 2006, at Book 1270, announcement at the time and place WHEREAS, default has occurred in the Page 735 and modified on November for the sale set forth above. W&A No. performance of the covenants, terms, 28, 2006, at Book 1312, Page 58 in 931‑230926 and conditions of a Deed of Trust Note Office of the Register of Deeds for Tipton DATED July 2, 2013 dated November 16, 2004, and the Deed County, Tennessee, executed by Jason WILSON & ASSOCIATES, P.L.L.C., of Trust of even date securing the same, P. Thomas and Katie E. Thomas, convey- Successor Trustee recorded November 30, 2004, at Book ing certain property therein described to FOR SALE INFORMATION, VISIT WWW. 1176, Page 145 in Office of the Register Charles M. Ennis as Trustee for Patriot MYFIR.COM and WWW.REALTYTRAC. of Deeds for Tipton County, Tennessee, Bank; and the undersigned, Wilson & COM executed by Joy E Smith and Randell C Associates, P.L.L.C., having been ap- July 12, 19, 26, 2013 Fin11567 Smith, conveying certain property therein pointed Successor Trustee. described to Jeanine B. Saylor as Trustee NOW, THEREFORE, notice is hereby NOTICE OF TRUSTEE’S SALE for 1st Trust Bank For Savings Federal given that the entire indebtedness has WHEREAS, default has occurred in the Savings Bank; and the undersigned, been declared due and payable; and performance of the covenants, terms, Wilson & Associates, P.L.L.C., having that an agent of Wilson & Associates, and conditions of a Deed of Trust Note been appointed Successor Trustee. P.L.L.C., as Successor Trustee, by virtue dated April 22, 1994, and the Deed of NOW, THEREFORE, notice is hereby of the power, duty, and authority vested Trust of even date securing the same, given that the entire indebtedness has in and imposed upon said Successor recorded April 25, 1994, at Book 723, been declared due and payable; and Trustee will, on August 7, 2013 on or Page 345 in Office of the Register of that an agent of Wilson & Associates, about 10:00 A.M., at the Tipton County Deeds for Tipton County, Tennessee, P.L.L.C., as Successor Trustee, by virtue Courthouse, Covington, Tennessee, o f- executed by Joseph L. Wroblewski and of the power, duty, and authority vested fer for sale certain property hereinafter Linda J. Wroblewski, conveying certain in and imposed upon said Successor described to the highest bidder FOR property therein described to Thomas Trustee will, on August 21, 2013 on or CASH, free from the statutory right of F. Baker, IV as Trustee for First Ten- about 10:00 A.M., at the Tipton County redemption, homestead, dower, and all nessee Bank National Association; and Courthouse, Covington, Tennessee, o f- other exemptions which are expressly the undersigned, Wilson & Associates, fer for sale certain property hereinafter waived in the Deed of Trust, said prop- P.L.L.C., having been appointed Suc- described to the highest bidder FOR erty being real estate situated in Tipton cessor Trustee. CASH, free from the statutory right of County, Tennessee, and being more NOW, THEREFORE, notice is hereby redemption, homestead, dower, and all particularly described as follows: given that the entire indebtedness has other exemptions which are expressly Description of Lot 23 of Munford been declared due and payable; and waived in the Deed of Trust, said prop- Estates, Section A, as recorded at that an agent of Wilson & Associates, erty being real estate situated in Tipton Plat Cabinet B Slide 71 and 72, said P.L.L.C., as Successor Trustee, by virtue County, Tennessee, and being more property being situated in the Sixth of the power, duty, and authority vested particularly described as follows: Civil District of Tipton County, Ten‑ in and imposed upon said Successor Situated in the Sixth Civil District of nessee and located on the East right Trustee will, on August 14, 2013 on or Tipton County, State of Tennessee of way line of West Road (formerly about 10:00 A.M., at the Tipton County and being known as a 5.00 acre Sycamore Drive). Courthouse, Covington, Tennessee, o f- partition from land conveyed to Timo‑ Beginning at a found iron post on the fer for sale certain property hereinafter thy and Evelyn Armstrong by deed East right of way line of West Drive described to the highest bidder FOR recorded in deed Book 658, Page being the Southwest corner of Lot CASH, free from the statutory right of 373 in the Tipton County Register’s 23 of Munford Estates, Section A, redemption, homestead, dower, and all Office, further bounded and described as recorded at Plat Cabinet B Slide other exemptions which are expressly as follows: 71 and 72, also being the Northwest waived in the Deed of Trust, said prop- Beginning at a half inch iron rebar corner of Lot 24 of said subdivision; erty being real estate situated in Tipton with cap set in the Easterly sideline thence in a Northeastwardly direc‑ County, Tennessee, and being more of Armstrong Road (50 feet wide) tion, along the East right of way line particularly described as follows: said rebar lying in the Southerly line The Memphis News of West Drive, also being the West Lot 42, Section C, Blaydes Estates of land conveyed to Elijah J. and Rosie line of Lot 23, North 08 degrees 58 as recorded in Plat Cabinet C, Slide F. Cook by deed recorded in deed minutes 58 seconds East, a called 42 in the Register’s Office of Tipton Book 414, Page 167 in the Tipton Call 683-NEWS distance of 160.00 feet, but in all a County, Tennessee and being more County, Register’s Office; 34 July 19-25, 2013 www.thememphisnews.com

opinion

Job Creation Means We’ll Always Have Paris

ARDEN, N.C. – This suburb of Asheville is familiar "Starry Night," painted months later Recovery for City home to my newest favorite burger place. and depicting the view outside his sanitarium Don't get me started on the Old-Fashioned room's window, hangs at MoMA in New York – mustard, onions, chili, slaw. Check out City. aying the word “recov- our recovery intact. frenchfryz.net. I am struck by "Arrangement ery” is easier than find- Those marquee corporate names Still on vacation. This col- in Grey and Black No. 1," better ing consistent indicators help create momentum. But they are umn has to be about Paris. See known as "Whistler's Mother." that are crucial to a no substitute for a committed well the past two weeks' columns. This American icon was bought by recovery actually occur- thought out strategy that we do not Last week's dateline was Mar- the French in 1897, 20 years after ring. see presently. seille, which was a bit of a fudge. Whistler painted it. The facility is SIn these pages we have chroni- We can’t mark time with our As the column strongly hints overwhelming – a renovated rail- cled the transfer of property for more efforts. We have to grow and that toward the end, I was on a train. way station that goes on forever, than a century from one name to means movement with a purpose – Susan has reserved us seats stuffed with Monets, Manets, another. And that is economic move- not for the pursuit of jobs numbers on the fast train to Paris. Paris VIC FLEMING Renoirs, Gaugins and more. ment. as if they are different levels in some is 500 miles north of Nice. For I SWEAR Same tickets get us into But as in most of our affairs as a kind of carnival game involving a two hours, we meander west, Musee Rodin, where I am disap- community, we must have a plan be- sledgehammer and a bell at the top. stopping frequently to pick up passengers. pointed by my reaction to "The Thinker," the yond that daily or weekly movement What we must seek is sustainabil- We traverse 115 miles, putting us in Marseille, "Gates of Hell," and other things Rodin. One of that gets to the root of what a recov- ity and that might mean that some leaving us still 500 miles from Paris. the essays about him catches my attention. ery means. It means more people prospects who are looking for a quick The train driver veers north, puts the He was said to have spent a great deal of time at work with jobs that pay a decent cash infusion and place to light for a pedal to the metal. Two hours later, we're with his nude models. wage. Our goal should be an expan- brief time are not in our future. in a cab headed toward the 39-room Hotel Day 3, Sunday: We trek to the area Susan sion that includes those left out for We are too easily distracted by Brittanique, in Paris' first arrondissement. frequented when she was a student in Paris big economic plums that require big too long in a city with a historically It's walking distance from the Louvre and in 1971. We find the address that was hers. high poverty rate. That poverty rate incentives that in some cases have Saint Michel. A warm, cozy room features a It being Sunday, we make no effort to enter. includes plenty of Memphians who been nearly equal. flat-screen TV, double-glazed windows, and Sunday afternoon, we do Notre Dame and La work more than one job. And while we’re at it, we think a free Wi-Fi. Sainte-Chapelle, both in walking distance of We believe that kind of trans- more judicious use of payment-in- On our to-visit list are Notre Dame, Musee our hotel. Through Sunday night fog, we see formational planning should do lieu-of-taxes (PILOT) agreements in d'Orsay, Musee Rodin, the Left Bank, and the Eiffel Tower lit up across the river after several things at the same time. One pursuit of sustainability should in- Avenue des Champs-Elysees. And more. dining at a touristy spot in Saint Michel. is to attract new businesses within clude exempting that portion of the Day 1, Friday afternoon: We walk seven Monday: Cab ride to Charles de Gaulle our borders capable of adding jobs tax rate that goes to education from miles and buy a three-day Metro pass. Ornate Airport. Ten-hour flight to Charlotte arrives beyond the existing numbers and being part of the agreement. bridges over the Seine bring to mind the mid-afternoon. We spend a couple hours re- their month-to-month fluctuations. That is a commitment we believe debate back home about a bridge across the minding our 4-month-old granddaughter who The other is to see existing local busi- anyone who seeks to become part Arkansas. The shopping area along Champs- we are. Then we head west, determined to put nesses with a sound unshakeable of our community and not a flash 100 miles behind us before dark, the better to business plan take a reasonable leap in the pan should be able to make. Elysees is mind-boggling. There must be a to a well thought out expansion. But it is essential that we get to work million people in sight in every direction. make it home on Tuesday. Hark! What sign is And we must always remember in a meaningful way on making it Day 2, Saturday: We buy a ticket that gets this? Exit…Eat…French Fryz. Having just been that the goal is not to reach a certain easier to become a part of a recov- us into Musee d'Orsay, where we spend the in France, how can we not go there? How can number of jobs and then recite the ered Memphis as well as grow in entire morning. We are mesmerized by van we not?! corporate names we have attracted the future Memphis that is the real Gogh's oil on canvass, "Starry Night Over Vic Fleming is a district court judge in over and over again like some kind of economic development prize we the Rhone," painted a few weeks before the Little Rock, Ark. Contact him at vicfleming@ sorcerous incantation that will keep should seek. artist's December 1888 breakdown. The more att.net.

SILLY Exercise for a CLASS of New Memphis Leaders

DISCOVERING MEMPHIS TOGETHER. a lot more about each other and at the bottom proclaiming to all this Last week, I had lunch with tomor- Memphis, and they shared a lot of structure’s dedication to a famous row. Some of the staff and young people laughs, and a few groans over my SILLY Memphian, who, like ‘modern Icarus’, involved with the New Memphis Insti- acronyms, I’m sure. I wrote them for it is said ‘he flew too near the sun.’ It is tute’s programs to attract and retain Leadership Memphis 30 years ago as a ______, dedicated to ______the kinds of minds and hearts that will day-long adventure for a new class, 18 who was ______in 1939.” MEMPHASIS keep us thinking and keep our beat dan conaway stops along a journey from the Missis- And from out there: going wanted to talk to about things sippi River to Mississippi, and, like the “Soon you’ll come to a crossroad Involving Leadership Levels for You unique to Memphis – things funky and whole of the nine-month experience to suggestive of bad writers and those (SILLY)” whereby the participants things obscure. follow, starting as strangers and ending who drive cabs. Wind your way south would be given a “Logistical Encoding Our conversation took me back to as friends. in search of memorials to the dearly According to Destination (LEAD)” to another time, another exercise to bring Here’s one from down there. See departed. Not for you and me, but for discover various landmarks the length a diverse and talented group together to how you do: our ______.” and breadth of Memphis, and that they share Memphis in new ways. “Her name is Hebe and she stands A shared search to find the Memphis would be divided into “Tactical Entities It began, “Welcome. Those all wise above it, in fact, square in the middle. of Memphis – the things we all share – to Achieve More (TEAM)” in order to ac- and all knowing … have determined Around it are the people responsible was a good idea then and a good idea complish the task, and, if they failed to that you are a leader and are a member for it, such as Mrs. P. Avila McPhillips tomorrow. find the objectives, “each TEAM will be of the Collection of Leaders Attempt- who showed us the light in 1949. It is I’m a Memphian, and if you get the given Coded Help in Envelopes Accord- ing Synergistic Stimulation (CLASS). the ______. Mrs. McPhillips was the right answers from those clues, I’ll buy ing to Team (CHEAT), a last resort for However, you don’t know each other yet president of the ______.” you a beer. But, of course, you’ll have to those whose CLASS is questionable.” and it’s quite possible some of you have And from in there: find it. SILLY, indeed. more CLASS than others.” “You’ll find it towering above you… Dan Conaway is a lifelong Mem- But by the end, people who only It went on to introduce a “System with a bell at the top and a plaque phian and longtime adman. shared a city in common got to know www.thememphisnews.com July 19-25, 2013 35 SEMINAR SERIES 2013 SEMINAR SERIES 2013 HEALTHHR RULES CARE REFORM& LEGAL RAMIFICATIONS Thursday, August 8th @ 3:30 PM, Brooks Museum Of Art Auditorium 1934 Poplar Ave • Memphis, TN 38104

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