October 18-24, 2013, Vol. 6, Issue 43 dining week Tigers revel in adds lunch tough schedule The fourth annual For the first time in Downtown Dining »years, the University Week will be celebrated of Memphis isn’t favored Nov. 17-23. This to win its conference; year, for the first the Tigers are projected time, participating to finish third in the restaurants will add a new American Athletic lunch menu. • P. 1 8 Conference. • P. 1 4 Shelby • Fayette • Tipton • Madison community oasis turns 60 with big projects on horizon P. 1 6 ndrew J. Breig) J. A ndrew (Memphis News/

Students from Faith Christian School take part in the Memphis Botanic Garden’s pond ecology class, one of many activities at the 60-year-old garden.

nexair opens tattoos take downtown lab center stage NexAir has opened a This weekend’s Tattoo 4,000-square-foot lab Convention has drawn and training facility on artists from across the Walnut Street. • P. 1 0 country. • P. 7

weekly digest: page 2 Inked: page 8 small business: page 13 LAW TALK: page 24 EDITORIAL: page 30

A Publication of The Daily News Publishing Co. | www.thememphisnews.com 2 October 18-24, 2013 www.thememphisnews.com

weekly digest Get news daily from The Daily News, www.memphisdailynews.com.

Wright Medical to Buy The Memphis News | almanac list for the company, which is the parent French Biotech Firm of First Bank. First Horizon was Memphis-based Wright Medical recognized for developing mobile banking October 18-October 24, 2013 Group Inc. announced Wednesday, Oct. services that keep pace with the changing This week in Memphis history: 16, it has an agreement to buy the French preferences of business customers. company Biotech International for $75 The InformationWeek 500 tracks the >> 2012: Case Management, a provider of outpatient case management ser- million. information technology practices of the vices for the mentally ill, bought the four-story, circa-1973 airport area office Biotech is a privately held manufac- nation’s most innovative IT organizations. turer of surgical implants and advanced building at 3171 Directors Row for $1.3 million from Directors Memphis LLC, a fixation technologies that deal with frac- company based in Tacoma, Wash. Electrolux to Donate tures. In the case of Biotech, its devices are primarily in the extremities market. Appliances in Memphis >> 2008: Poag & McEwen revised its plans for the latest phase of the Saddle In this case, that market is for European Electrolux will donate $100,000 in Creek lifestyle center in Germantown to take out a planned lake and shaving devices for feet and ankles. cooking appliances and products to low- an acre of land from it to bring it to 35 acres and an estimated $250 million Preliminary terms of the acquisition income Shelby County residents, just in project. Wednesday were $75 million to be paid time for the busy holiday season. at closing of the deal, with $55 million of The company, which recently >> 1983: On the front page of The Daily News, new figures from state eco- that in cash and the remaining $20 mil- completed construction on its nomic development officials showed manufacturing investments of $725.4 lion in Wright common stock. 750,000-square-foot Memphis manu- million in the state during the first three quarters of the year. The 81 new The terms also include up to $5 mil- facturing facility, will deliver Frigidaire plants over the nine-month period was the most since 1978 for Tennessee. lion in cash if Biotech reaches agreed-up- Gallery double-oven ranges and Frigidaire The manufacturing investments accounted for nearly all of the $825.4 million on revenue goals in 2014 and 2015 once it countertop microwaves to Neighborhood in manufacturing and nonmanufacturing investment for the nine months. is owned by Wright. Christian Center on Thursday, Oct. 24, for Biotech will spin off its dental busi- distribution to low-income Shelby County And Robert L. Childers became president of the Memphis Trial Lawyers As- ness before closing, which is anticipated families. sociation. Childers is currently a Circuit Court Judge. by the end of this calendar year. The company will make a similar do- nation in Charlotte, N.C., where Electro- >> 1973: Steve Miller Band played the Auditorium North Hall First Horizon Honored lux North America has its headquarters. For IT Practices Zachary Kerr, chief program officer for >> 1963: Dedication of the new North at Third Street and Neighborhood Christian Center, said the Court Avenue, built by the owners of the Sterick Building, Herbert Humphreys Memphis-based First Horizon Na- donation will help fill a large need. and Robert Galloway. The north building remains today a 10-story building tional Corp. has been again named to the “Many people request appliances with a 400-car parking garage topped by a 120-unit motel. At its opening the InformationWeek 500 list of the nation’s from the Neighborhood Christian Center, most innovative users of business tech- especially ovens,” said Kerr. “The high motel was a Holiday Inn. nology. level of requests means that we often run It’s the fifth straight appearance on the out of ovens. This generous donation will

WORLD-CLASS CANCER CARE IN MEMPHIS. For over three decades, The West Clinic has been a leader in the ght against cancer in the Mid-South. Recently, we joined forces with Methodist Healthcare and The University of Tennessee Health Science Center to create the West Cancer Center — an innovative partnership that provides even more resources, expertise, technology and research here in Memphis. Now you can ght cancer at home, stay near the doctors you know and be with the people you love. It’s a winning combination. With the West Cancer Center in your corner, you have all the advantages of home ghting on your side. World-class cancer care is here at home. Memphis Fight OnSM lets you see the remarkable stories of those who are ghting cancer. Watch their stories, or share one of your own, at MemphisFightOn.com.

MemphisFightOn.com www.thememphisnews.com October 18-24, 2013 3

Get news daily from The Daily News, www.memphisdailynews.com. weekly digest

help to meet this need; we are honored to Federal dollars account for about half ney general. The measure, sponsored by The package delivery company said receive this gift.” of the state’s annual $32.8 billion budget. council member Lee Harris, targets “tax that the new repurchase authorization J.B. Hunt Transport Inc. volunteered to A Fitch analysis of all 50 states re- dead” or “tax limbo” properties in which augments the remaining 7.4 million deliver the cooking products. leased earlier this year concluded that owners owe much more in back property shares under its existing buyback pro- Shelby County residents in need of Tennessee’s debt ratio was the lowest in taxes than the property is worth. The state gram. FedEx repurchased 2.8 million an oven or microwave should contact the the nation. Attorney General’s office is being asked to shares in its fiscal first quarter. The com- Neighborhood Christian Center hotline Higher bond ratings means lower issue a legal opinion on the program. pany had 317 million outstanding shares at 881-6013. Applicants will need to interest rates on borrowing for the state. as of Sept. 30. provide proof of homeownership for an FedEx to Buy Back Last month FedEx reported that its oven donation and proof of homeowner- U of M Law School Hosts first-quarter profit climbed 7 percent. The ship or rental agreement for a microwave Up to 32 Million Shares company also announced that it would donation; a Tennessee state ID or driver’s Admissions Workshop FedEx is planning to buy back up to 32 raise prices on many U.S. shipments in license; their most recent pay stub or SSI The Cecil C. million shares of its common stock. January. statement; and a vehicle to transport the Humphreys School of Law will host an appliance. admissions workshop and recruitment fair next week. MAAR Recognizes The event on Tuesday, Oct. 22 ,from 5 p.m. to 8 p.m. is free and open to the Long-Serving Members public. OK, now that The Memphis Area Association of Re- The school’s pre-law adviser and the altors has honored more than 20 industry dean of admissions from the law school you have this baby... professionals with the Realtor Emeri- will co-present the admissions work- tus designation. The Realtor Emeritus shop from 5 p.m. to 6 p.m. Then from 6 designation recognizes individuals who p.m. to 8 p.m., representatives from six it’s not about you any more. have held successive membership in the law schools will be available to talk to National Association of Realtors and a lo- interested students about their respective cal association for 40 years. schools. This year’s honorees, recognized In addition to Memphis, the schools Wednesday, Oct. 16, are: Russell “Rusty” include the University of Tennessee, Uni- Bloodworth, Bebe McWater, Edith Barlow, versity of , Mississippi College, Gary Blume, Wanda Bowen, Sue Ruby, Baylor University, and Belmont University Mark Halperin, Charles Callis, Jerry Da- School of Law. Other representatives from vidson, Nell Wade, Roger Watkins, William the University of Memphis will also be “Bill” C. Irby, Jeanne Lubiani-Carnes, Da- available to talk to students interested in Go to TUCI.org for a copy of the Parents Guide to Kindergarten Readiness. vid Peck, Kathleen Pender, Nick French, the joint- and dual-degree programs. James R. Maddox Jr., Myra Quinley, Robert Interested students should make res- B. Tayloe, Duke Schaeffer, Alta Simpson, ervations by contacting Penny Rogers at Shirley Westby and William Cary White- [email protected] or 678-5403. head III. Council Delays Funding Trumbull Labs Receives For Southbrook Mall Pathology Accreditation Memphis City Council members held Trumbull Laboratories LLC has been up Tuesday, Oct. 15, on approving the Your Choice for awarded accreditation by the Accredita- portion of the minutes from their Oct. 1 tion Committee of the College of Ameri- meeting that would set in motion $1.5 Same Day Deliveries! can Pathologists based on the results of a million in city funding for a renovation of recent onsite inspection. Southbrook Mall in Whitehaven. Dedicated, On-Demand, Scheduled The CAP program has been rec- The council approved the measure ognized by the federal government as Oct. 1 contingent on Memphis Mayor A C being equal to or more stringent than the Wharton Jr.’s administration researching government’s own laboratory inspection the legality. The funding for the improve- program. CAP is the world’s largest asso- ments would come from federal funding ciation composed exclusively of board- for streetscape improvements along Elvis certified pathologists. Presley Boulevard between Brooks Road During the CAP accreditation process, and Shelby Drive. inspectors examine the management But the mall may be considered a Phone: 901 432-8104 www.dynamex.com of the laboratory and the laboratory’s private use for which such government records and quality control measures for funding cannot be used. If it is a private the preceding two years. CAP inspectors use and the federal funding is used, it also examine laboratory staff qualifica- would jeopardize the renovation project tions, equipment, facilities, and safety and could lead to a withdrawal of funding programs and records. for the larger streetscape project. ABSOLUTE AUCTION The administration didn’t have a Haslam Meets With legal opinion Tuesday on the matter and Bond Rating Agencies wanted another two weeks before the LARGE RESTAURANT – 300 LOTS council made the funding final with the COMPLETE LIQUIDATION Gov. Bill Haslam is making his annual approval of the meeting minutes. case for Tennessee to keep its strong bond In other action Tuesday, the council 300 Chairs & Tables, Dishes, Pots, Pans, 8 x 10 Walk-in Freezer, Ice rating. approved a $225 million general improve- Cream Machine, Stove, Fryers, Complete Vent Hood with fire system, The Republican governor traveled ment refunding bond issue and a com- Stainless prep tables, microwave, shelving, sinks, freezers, steam table to New York on Wednesday to meet with panion $150 million issuance of commer- equipment, warmers, utensils, refrigerators and much more the three main bond rating agencies, cial paper in general obligation bonds. Standard and Poor’s, Moody’s Investors The bonds are part of a process of moving Thursday October 24 10am Service and Fitch Inc. short-term city debt of one to three years Inspection October 23 10am-4pm Haslam told reporters this week that to longer-term debt of approximately 20 6686 Winchester 38115 he’s been asked to address the impact on years. (901) 365-8399 RIVER CITY AUCTION the state of the partial shutdown of the The council also approved a residen- #tnfl5366 federal government along with the effects tial tax abatement program contingent Cash/Credit Card • 10% Buyer Premium of previous federal spending cuts. on approval from the Tennessee attor- 4 October 18-24, 2013 www.thememphisnews.com

weekly digest Get news daily from The Daily News, www.memphisdailynews.com.

Overton Square Gets Commission Approves EM Printing Buys System design and data collection ser- New Signage, Website Prison Medical Contract vices through visual stream surveys. Jaco-Bryant Printers Loeb Properties Inc. is introducing The Shelby County Commission ap- And commission Chairman James EM Printing, a provider of printing so- a new branding campaign for Overton proved Monday, Oct. 14, an $18.2 mil- Harvey’s ordinance to regulate used-tire lutions, has acquired commercial printing Square that pays tribute to the district’s lion annual contract with Correct Care dealers and haulers in the unincorporat- company Jaco-Bryant Printers Inc. storied past while including a more mod- Solutions LLC to provide medical services ed county passed on the second of three Bartlett-based EM Printing bought ern approach. to prisoners at the Shelby County jail and readings. Jaco-Bryant from 3D-eyewear manufac- Loeb is eschewing the speak box im- inmates at the county corrections center. turer American Paper Optics. ages that dotted the area during redevel- The contract includes four one-year Black Girls CODE Holds EM Printing generated more than $4.7 opment and is introducing a new “Over- renewal periods and is the highest-dollar million in sales in 2012, and Jaco-Bryant ton Square” marker. contract on which the commission votes. Next Workshop Nov. 2 grossed $3 million in sales that same year. The new signs are similar to the Correct Care Solutions won a sepa- The Memphis chapter of Black Girls The two companies’ combination will original ones that marked the district, but rate contract earlier this year to provide CODE is hosting its fifth workshop Nov. add 15 full-time employees to the EM include three color schemes featuring such services for children in detention at 2 in the Nolan Engineering Building at Printing staff, maintaining all Jaco-Bryant bright colors that invoke the public art Memphis-Shelby County Juvenile Court. Christian Brothers University. customer-facing positions. located throughout the district. Commissioner Mike Ritz led critics The workshop will be geared toward The letters O and S are also inter- of the contract, saying the county should introducing participants to animation, The Orpheum Theatre locked, which Loeb said provides a more rebid it because Correct Care Solutions gaming and creating interactive stories, modern option of an abbreviated medal- was the only bidder and because the con- and no prior programming experience is To Host Annual Auction lion. tract could have been broken into parts to required. The Orpheum Theatre is gearing up “The purple speak box logo was encourage more bidders. Core team lead Meka Egwuekwe said for its 35th annual auction. perfect for our development phase, as Other commissioners and Luttrell the organization hopes that after partici- The auction, which is the organiza- the image of the speak box encouraged said there were attempts to do that and pating in the classes, girls decide it is easy tion’s largest fundraiser of the year, will the public to have a voice and share their any bidder could have bid on just one and fun to code – and that some of them kick off a yearlong celebration of The ideas about what we are doing at Overton part of the contract. Luttrell also said he decide to pursue careers in software. Orpheum’s 85th anniversary. Square,” said Lou Loeb, executive vice talked with local hospital and health care Workshops are $35 per child, with This year’s event will begin with an president of Asset Management for Loeb. corporations about taking on the contract limited scholarships available. Because online auction opening Monday, Oct. 21, “As our focus turned more toward but got no takers. of limited space, parents are encouraged at auction.orpheum-memphis.com, and operations, we decided to bring back an In other action, the commission ap- to register children online as soon as pos- will culminate Nov. 16 at 6:30 p.m. with updated version of the original icon as proved $750,000 in funding for the Nov. sible. silent and live auctions. a symbol of all the public passion that 21 city of Memphis referendum on a half- The workshop is open to all girls ages The silent auction will offer more made this rebirth possible.” percent sales tax hike. The money is to be 10-17. than 400 items, while the live auction will The redesign also includes a new web- reimbursed to the county. For additional information, con- feature several unique bidding opportu- site, www.overtonsquare.com, created by The commission also approved a tact Egwuekwe at [email protected] or nities, including a 2014 Nissan Pathfinder RocketFuel. $396,094 contract with the University of 901.484.4203. from Wolfchase Nissan, a set of 2013-2014 Memphis for Geographic Information University of Memphis men’s

Do more than work in Memphis. Songman Work for it. The Jim Croce Story

Own it on DVD or $10 Download today www.SongmanFilm.com

Untold story of ’70s singer JIM CROCE music and narration by Dominic Miller

Put your passion for Memphis to work in meaningful ways. The New Memphis Copyright ©2001–2013 Fellows Program is a 12-month engagement that gives high-potential leaders RML Films, LLC. the tools, experiences and connections needed to become community change All rights reserved agents and city ambassadors. Join us for an information session and learn more about how hundreds of professionals just like you are making Memphis a better…well, Memphis.

Fellows Information Sessions ARE YOU LOOKING Monday, November 4 5:30 - 6:30 PM—Panera Bread @ Laurelwood FOR YOUR LAST Wednesday, November 13 12:00 - 1:00 PM—Germantown Community Library CAREER MOVE? Six Figure Earning Potential “1st Year” To register for a Fellows Information Session, visit www.newmemphis.org/events/ Serious about a life-long career? Call today to set up an interview Overnight travel required (Mon. - Thurs.) Contact (866) 326-4309 OR [email protected] www.thememphisnews.com October 18-24, 2013 5

Get news daily from The Daily News, www.memphisdailynews.com. weekly digest

FedEx Breaks Ground Organizations Honored season tickets and a trip for two to the costs that are borne by neighbors and the U.S. Open golf tournament in Pinehurst, On Cold-Storage Facility For Homebuyer Education city,” Bolding said. N.C. FedEx Express broke ground Thursday, United Housing Inc. and the Bing- During the last fiscal year, United In addition to the auctions, the Oct. 10, on a new temperature-controlled hampton Development Corp. have been Housing counseled more than 1,000 Orpheum will host a live drawing for its facility and heavyweight pickup and recognized by the state for their role in individuals and families through its annual raffle: a 1995 Ferrari Spider. Raffle delivery operation at the FedEx Express creating homebuyer education programs. programs. The organization also assisted tickets are $100 per entry. SuperHub at Memphis International The Tennessee Housing Develop- 541 families during the year, helping 284 All raffle and auction proceeds will Airport. ment Agency recently awarded the groups purchase a home while helping save 257 benefit the Orpheum’s new $14.5 million The 88,000-square-foot facility will THDA’s Founders Award for their efforts from foreclosure. Last year, Binghampton Centre for Performing Arts. connect directly with Memphis hub in creating the foundation for homebuyer Development Corp. assisted 291 clients, operations, increasing efficiency for education in Tennessee. including 76 homebuyer clients and 131 Martin Institute Begins shipments throughout the FedEx Express Tim Bolding and Sharon Walker of foreclosure interventions. New Teacher Sessions network, while also enhancing handling United Housing and Ruth Gibson of the of customers’ cold chain shipments. Binghampton Development Corp. were Big Mississippi Universities The Martin Institute for Teaching “With our new, world-class cold chain ground-floor participants in Tennessee’s Excellence on Tuesday, Oct. 15, opened facility, we will be able to better manage creation of a statewide homebuyer educa- Propose Tuition Increases its set of six after-school conferences health care products and other perish- tion program. Mississippi's two largest universi- for educators in their first three years of ables in the event of unforeseen delays, Research shows that homebuyers who ties could increase tuition by 5 percent a teaching. such as clearance holds or inclement receive pre-purchase housing counsel- year over the next two years, while three The New Teacher Network series weather, and give our customers the ing and education were one-third less smaller universities could hold tuition begins with a session on classroom peace of mind they deserve when ship- likely to fall behind on their mortgages flat, according to a plan a College Board management, to be held on the campus ping sensitive goods,” Richard W. Smith, 90 days or more two years after taking committee considered Wednesday. of Presbyterian Day School, where the managing director, FedEx Express Life out the loan, compared to homebuyers While the board is likely to vote on the institute’s offices are located. Sciences and Specialty Services, said in a who didn’t receive similar counseling and plan Thursday, rules require a second vote The goal of the New Teacher Network release. education. after 30 days. That means increases can't is to get new teachers from public and The new facility, which is scheduled The research was done for Neigh- become final until after the board meets private schools in the region to talk and to be complete and in operation by the borWorks America, a national nonprofit in November. network about common classroom prob- fall of 2014, was designed to ensure ship- affiliated with Average in-state tuition would rise 2.8 lems and receive coaching from more ments will remain within their intended United Housing, by Neil Mayer and percent to $6,509 in 2014-2015, including experienced teachers. temperature range, including flexible Associates and Experian, and is based mandatory facility fees, under the propos- walls that allow precise temperature on approximately 75,000 mortgage loans al. In 2015-2016, average tuition would Wunderlich Initiates control and segregation of commodities. originated in 2007, 2008 and 2009. rise 3 percent to $6,703. It also will have a station where dedicated “The latest research clearly tells us The plans would push tuition above Coverage of Regions personnel will monitor cold chain rooms that we need to help families with their $7,000 a year at the University of Missis- Memphis-based Wunderlich Securi- and dry ice replenishment and gel pack housing issues ahead of time, staving off sippi, Mississippi State University, and the ties Inc. has initiated coverage of financial exchange capabilities. family stress, financial difficulties and University of Southern Mississippi. services giant Regions Financial Corp with a “buy” rating. Metropolitan Bank Raises Wunderlich also has put a 12- to $5.5 Million in Capital 18-month price target of $12 on Regions Come to shares. Metropolitan Bank has wrapped up Registration “Although Regions suffered significant a capital raise of $5.5 million, bringing LENNY’S losses during the credit crisis and was the total capital raised by the bank since Required late to the recovery game, management’s its inception in 2008 to more than $57 SUB SHOP 1-877-705-SUBS (7827) return to banking basics by simplifying million. the playbook and focusing on - Metropolitan president and CEO Curt DiScOvErY lennys.com ing and tackling is starting to pay off Gabardi said the capital will be used to for Regions’ shareholders,” reads Wun- fuel the company’s current and future or- DaY and learn about derlich’s first analyst commentary about ganic growth over the next several years. franchise opportunities in Regions. “With Regions shares trading at a Metropolitan has grown steadily since Memphis! meaningful discount to peers, we believe its founding, recently posting its 16th current levels offer an attractive oppor- straight quarter of increased earnings. tunity for investors to acquire shares of In the third quarter, the bank brought Join us at one of the few remaining recovery stories in pre-tax earnings of about $2 million, up Hilton Memphis that also happens to operate in the most 24 percent from the second quarter. The Thursday, October 24, 2013 populous and fastest-growing economic bank has about $775 million in assets and 6:00pm – 8:00pm regions in the U.S.” eight banking offices.

memphis opportunity Sponsors of Our 14th Annual MOST Classic Golf Tournament: scholarship trust Rhodes Scholars National Merit Scholars Cummings Development Corp. Diversified Trust t h A n n u EdR Dobbs Equity Partners LLC 1 4 a l would like to say Fairwood Capital, LLC Financial Federal Bank Magna Bank MAA Newman-Tillman Properties, LLC Regions Wyatt, Tarrant & Combs, LLP NFC Investments, LLC / St. George’s Independent School Orgill, Inc. Valedictorians Jackie & Bob Solmson BuzzFree Mosquito Southeastern Asset Management, Inc. First Tennessee October 7, 2013 Tower Ventures Hollywood Feed True Temper Sports / Carol & Scott Hennessy Salutatorian Boyle Investment Company

memphis opportunity scholarship trust 901-842-5327 | memphisscholarships.org 6 October 18-24, 2013 www.thememphisnews.com

contributors Oct 18-Oct 24, 2013, VOL. 6, NO. 43 news

Real Estate & Development

President & CEO bill dries Peter Schutt Senior Reporter

Government, Education, Manufacturing, Agribusiness Housing Permits General Manager Emeritus 528-5277 | [email protected] Ed Rains

Publisher Drop 14 Percent Eric Barnes

Associate Publisher & Executive Editor James Overstreet In Third Quarter Managing Editor andy meek Lance Allan Wiedower Senior Reporter

Banking/Financial Services/Accountants, Markets & Economy, Builders filed 197 permits in Shelby County in the third Deputy Managing Editor Economic Development, Small Business Eric Smith quarter, compared with 229 permits in Q3 2012, according 528-5279 | [email protected] to real estate information company Chandler Reports. Associate Editor Kate Simone

Graphic Designer & Photo Editor Amos Maki in 38017, they averaged 3,574 square feet Brad Johnson [email protected] and $321,856. Two subdivisions had at least 10 per- Graphic Designer mits in the third quarter: Ranch Yvette Touchet jennifer JOHNSON backer REPORTER helby County’s homebuilding indus- in Collierville (12 permits, averaging 3,923 try showed signs of cooling in the square feet and $381,583) and Gerland Senior Production Assistant Health Care/Biotech, Transportation/Distribution/Logistics, third quarter, with builders pulling Creek in Southeast Shelby County (10 Sandy Youngblood Attorneys/Courts/Civil Litigation, Nonprofits S 528-8622 | [email protected] 14 percent fewer permits than in the same permits, averaging 2,825 square feet and Production Assistant period a year ago. $196,004). Laurie Beck Builders filed 197 permits in Shelby Builders sold 178 new homes during County in the third quarter, compared the third quarter, averaging $266,152 and Public Notice Director with 229 permits in third quarter 2012, totaling $47.3 million. Regency Home- DON FANCHER according to real estate information com- builders led the way, with 46 sales averag- pany Chandler Reports, www.chandler- ing $245,910 and totaling $11.3 million; Senior Account Executive reports.com. followed by Charles Morgan of Venture JANICE JENKINS The average size of those permits Homes, with 18 sales averaging $152,496 AMOS MAKI decreased 1.5 percent to 3,160 square feet, and totaling $2.7 million; and Grant Account Executive REPORTER LUCY BLACKMON compared with 3,210 in 2012. The average Homes, with 12 sales averaging $211,595 Commercial and Residential Real Estate, Architects/Engi- neers/Construction price dropped 4.8 percent to $236,306, and totaling $2.5 million. Business Development Manager 521-2464 | [email protected] compared with $248,148 in the year-ago Year to date, homebuilders have pulled Patricia mckinney period. 681 Shelby County permits, down 2.6 Don Caylor, owner of Summerset percent from the 699 permits pulled in Director of Marketing & Advertising Homes Inc. and president of the West Ten- the first nine months of 2012, according to DONNA WAGGENER nessee Home Builders Association, said Chandler Reports. several reasons were to blame for the slow- While the number of permits de- Marketing Manager down. For one, developed lots are scarce, creased slightly, the average square footage Leah Sansing which could lead the builders who own increased 1.2 percent to 3,243 square feet, those lots to sit on them for a little longer. compared with 3,204 square feet year in Controller/Human Resources DON WADE PAM MALLETT SPORTS COLUMNIST “They’re having to plan for the next the same period of 2012. The average price two or thee years based on the inventory 2.2 percent to $251,099, compared [email protected] Administrative Specialist they’ve got,” Caylor said. “Builders are with $245,671 in 2012. MARSHA PAYNE cautious.” The homebuilders pulling the most In addition, Caylor said worries over permits year to date are Regency Homes Circulation Coordinator the economy, including the government (173 permits, averaging 2,971 square feet KAYE KERR shutdown, Congressional budget battles and $220,721), Grant Homes (53 permits, and the implementation of the Affordable averaging 3,004 square feet and $206,337) Pressman Care Act, are prompting some builders to and Charles Morgan (52 permits, averag- CEDRIC WALSH take a wait-and-see approach. ing 2,607 square feet and $$175,224). Andrew J. Breig The ZIP codes notching the most Pressman PHOTOGRAPHER “Business operates on certainty,” he PETE MITCHELL said. “The economy is coming back, but permits year to date are Arlington/Lake- Weekly features, spot news the government is not coming back.” land’s 38002 (144, averaging 3,506 square [email protected] Published by: The top homebuilder in the third feet and $238,386), Collierville’s 38017 (139, THE DAILY NEWS PUBLISHING CO. quarter, as tracked by number of per- averaging 3,555 square feet and $306,060) 193 Jefferson Avenue Memphis, TN 38103 To reach our editorial department, e-mail: mits, was Regency Homebuilders LLC (50 and Southeast Shelby County’s 38125 (67, [email protected] or call: 901-523-1561 P.O. Box 3663 permits, averaging 2,875 square feet averaging 2,872 square feet and $195,040). Memphis, TN 38173-0663 Tel: 901.523.1561 and $213,362). Grant Homes tallied the Active subdivisions year to date are Fax: 901.526.5813 second-highest number (18 permits, Wolf River Ranch in Collierville (43, av- www.memphisdailynews.com averaging 3,012 square feet and $210,619). eraging 3,978 square feet and $371,244), The Daily News is a general interest newspaper covering business, law, The Daily News is supportive, including in some case The third-highest ranking was a tie, with Kensington Subdivision in Arlington (30, being on the boards of, the following organizations: government, and real estate and 12 permits each for Charles Morgan of Vin- averaging 3,021 square feet and $199,736) development throughout the Memphis Literacy Mid-South, Grace St. Luke's Episcopal metropolitan area. School, Wolf River Conservancy, Ronald McDonald tage Homes (averaging 2,841 square feet and Woodgrove, also in Collierville (23, House, Great Outdoors University, Tennessee Wildlife The Daily News, the successor of the Daily Federation, Temple Israel, St. Jude's, St George's and $196,977) and Karen Garner (averag- averaging 2,973 square feet and $252,939). Record, The Daily Court Reporter, and The Independent Schools, Shelby Residential & Vocational ing 3,889 square feet and $365,250). Year to date, builders have sold 604 Daily Court News, was founded in 1886. Svcs, Park, Calvary & The Arts, Bridges, Boys & Girls Club of Greater Memphis, Binghampton Two ZIP codes, 38002 in Arlington/ homes, up 5 percent from 574 over the AUDIT PENDING Development Corporation, U of M Journalism Dept., Lakeland and 38017 in Collierville, tied same period in 2012. Chickasaw Council Boy Scouts, Memphis Leadership Foundation, Junior Achievement, for the most activity in the third quarter, Conservancy, and WKNO. with 38 permits each. In 38002, permits Chandler Reports is a division of The averaged 3,127 square feet and $217,695; Daily News Publishing Co. Inc. www.thememphisnews.com October 18-24, 2013 7

news

Conventions Airlines Memphis-Based Southern Airways Raising Capital To Fund Growth

Chairman Stan Little: next round of funding will help the company secure more aircraft

Andy Meek [email protected]

emphis-based carrier Southern (Memphis News/Andrew J. Breig) Airways is raising a new round of Kyle Payne, owner of Studio 42, tattoos J.D. Marchbanks. Payne will be among the tattoo artists at capital to fund its plans for growth the three-day Memphis Tattoo Arts Convention Oct. 18-20 at Memphis Cook Convention Center. M across the company’s five-state footprint. Southern Airways Corp. chairman Stan Little said the next round of funding will help the company secure more aircraft, expand its routes and add other new resources. To date, funding came initially from private Missis- sippi investors, but the next level is being Ink Spot considered by a group of venture capitalists out Tattoo enthusiasts gather in Memphis for national convention of New York. Southern Airways says it’s seen robust demand for its corporate-style aircraft that accommodate nine passengers. The company’s Bill Dries [email protected] model is akin to that of Pan American Airways of the late 1960s and ‘70s, down to its em- ployee uniforms that are a nod to that luxury era of flying. yle Payne remembers a recent machine tuning and microdermals. technical thing. If you were a tattoer, “Our demographics support what we know tattoo convention in Memphis. Payne gives the reality shows credit all people cared about was whether people are looking for, and that is direct service K It wasn’t just tattoos. It was a for showing the public what is possible or not you could do straight lines,” he without bag fees, security hassles, or park- convention that included a healthy with tattoos. said. “Now you have to be the designer. ing charges,” said Little, a North Mississippi dose of biker culture. “They watch these shows every You have to be the illustrator and you attorney whose private plane used to be so And Payne, the owner of Studio 42 week and it kind of translates into a also have to be, above everything else, popular with friends they joked he should start near Bartlett, thought it took some of better customer base for us,” he said. a salesman. You have to convince his own airline. the focus off the art of tattooing. Timpel and Payne each say the someone that the abstract idea you It was on a diving trip he took to the Carib- “People are still afraid of bikers, tattoo business is expanding with bring in for them and illustrate for bean in his Cessna 421 Golden Eagle that obviously,” Payne said. more acceptance of tattoos that have them is something worth having on Little began to consider the idea of launching Payne, who has been in the busi- expanded in what they express and their body.” a regional airline. The initial route map was ness for 10 years – six with his own what the possibilities are. The audience Their opinions on how acceptable drawn up on a napkin at a cocktail bar in the business – will be among the tattoo is also broader. tattoos have become is nuanced. It Bahamas, and the idea grew from there. artists at the three-day Memphis Tattoo “More people are getting tattooed depends on what kind of tattoo and “We’ve enjoyed being a Mid-South airline, Arts Convention that opens Friday, Oct. from every facet of life than they ever where it is. and our corporate headquarters will remain 18, at the Memphis Cook Convention had,” Timpel said. “The TV shows have “My wish is for people that have here,” Little said. “Obviously, future growth Center. The convention this weekend shown where tattooing is right now and neck and hand tattoos – really visible plans will be dictated in large part by the is the latest venue for Villain Arts, a what the art form is really capable of.” tattoos – not be stigmatized, which is wishes of our investors, and I know that the Philadelphia-based events company That also means the designs are how they are now still,” Payne said. “It’s New York group is interested in our duplicat- that also supplies tattoo businesses and becoming more elaborate and more 2013. What you have tattooed on you ing the Memphis to Destin, Fla., model in the organizes six such events across the personal, which calls for more than shouldn’t make any bearing whatsoever New York-Hamptons-Cape Cod markets. My country with Memphis the newest city. pointing at one of dozens of standard on how people judge you in public. hope, however, is that they will share my vision “I’ve always liked Memphis,” said designs on a wall. Unfortunately it is still that way.” of bringing non-stop service back to Memphis Troy Timpel of Villain Arts, who orga- “They’ll get something that it’s not Timpel is more optimistic, citing for a dozen or more of the cities that we lost fol- nizes the expos. “Tattooing has never just a stock symbol that represents their the celebrity factor. lowing the Northwest-Delta merger. Until this hit popular culture more successfully mom dying; It’s something that shows “I think it’s definitely more socially year, Memphis was an airline hub in the South- than it has today with having so many what their mom meant to them,” Payne acceptable now than it was five years east region for the better part of half a century. different TV shows that have tattooing said. “It becomes a much more sym- ago to have nice big tattoos,” he said. Under our model, it can be once again.” featured on them.” biotic relationship between artist and “You see magazine models sporting The airline launched earlier this year with The Memphis gathering will feature customer to where you have to really tattoos. You see all of the professional an inaugural flight from Memphis to Destin. reality television stars, including tattoo get into their brain and decide what’s athletes and musicians sporting tattoos Southern Airways is a division of Memphis- artists from "L.A. Ink" and "Ink Master." going to be the best thing that speaks to now. Those are the people that really based Southern Airways Corp. and at the mo- Seminars include topics like “How them about whatever moment they are run the essence and influence of our ment serves 10 cities across five states from its Tattooing Used to Be” with tattoo artist trying to memorialize forever.” culture.” hubs in Memphis and Destin. Philadelphia Eddie, a sponsor of the And the artist is more than a techni- Payne said a bad tattoo remains a The airline wants to continue to boost convention, leading the discussion. cian, Payne adds. bad tattoo even if people accept tattoos travel to Destin, Gulf Shores, Ala., and Panama There is also a session on dankbuilt “Before it was always more of a that are done well. City, Fla., as well as serve other markets. 8 October 18-24, 2013 www.thememphisnews.com

Panattoni’s Speculative Warehouse Underway

In industrial development news, con- The master plan for Gateway includes In addition to the access to the inter- sold Oct. 1. Blake Pera and Tommy Bron- struction on Panattoni Development Co.’s around 14 million square feet of industrial state system, Gateway is located ad- son III with CBRE Memphis represent- speculative industrial building in Marshall space. jacent to Norfolk Southern Corp.’s ed the seller, a joint venture between County, Miss., is progressing. East of DeSoto County – currently the $105 million, 500-acre intermodal a fund managed by DRA Advisors Panattoni is building a 554,000-square- Memphis market’s most active industrial yard, which is part of the railway’s LLC and Fogelman Properties, foot speculative warehouse that is ex- submarket – Marshall and Fayette coun- larger Crescent Corridor project, in the sale to Philadelphia-based pandable to 1.3 million square feet in the ties represents a promising new frontier a $2.5 billion effort to establish PRG Real Estate. PRG Real Estate, Marshall County portion of the 1,500-acre for industrial development in the region, an efficient, high-capacity which was founded in 1985, Gateway Global Logistics Center industrial Mercer said. intermodal freight route be- said in a statement that development, which has acreage in both “I believe Marshall and Fayette coun- tween the Gulf Coast and the Church Lake provides “a Fayette and Marshall counties. ties will be the next new industrial sub- Northeast. stable property in a rapidly The Class A, cross-docked building market in the Memphis area,” said Mercer. Amos Maki growing market.” will have 32 feet of clearance with modern Mercer’s prediction is based on several In leasing news, a new Inked Church Lake is adjacent lighting and sit on 32 acres with addi- factors, including easy access to major health spa is coming to East to the $7.3 million facility tional land available for trailer storage and roadways, a nearby intermodal yard and a Memphis. shared by Northwest Mississip- expansion. Construction on the building business-friendly incentive program. Energetic Esthetics has signed a lease pi Community College and the University started in September and the building is By December, the final stretch of Tenn. for 1,265 square feet at 1315 Ridgeway of Mississippi and less than a mile from projected to be ready for tenant improve- 385 between Poplar Avenue and Macon Road inside the Primacy Place retail center the . ments in March. Road is expected to open, allowing access on Ridgeway at Primacy Parkway. Aaron “PRG looks to capitalize on high de- Jim Mercer, executive vice president of to Interstate 40 in Arlington. In addition, Petree represented the landlord, Loeb mand and low supply available through- CB Richard Ellis Memphis, said that while the first leg of Interstate 269 from Good- Properties Inc. out DeSoto County,” the statement read. several users were looking for space in man Road to Tenn. 385 is expected to “Currently, there are only 5,200 units the Memphis market, the new building in open by the end of 2014. In other news, a Southaven apartment serving a population of 170,000.” Gateway is speculative. “There’s not another industrial park or community changed hands this month for “This is a speculative facility, with submarket that has this immediate access an undisclosed amount. Send commercial lease announcements no specific tenant identified as of yet,” and connectivity to the interstate system,” Church Lake, a 352-unit apartment to Amos Maki, who can be reached at 521- Mercer said. Mercer said. community built in 1997 and 1999, was 2464 or [email protected].

REAL ESTATE RECAP The sellers, who list a Nashville Property’s 2013 appraisal is $1.5 address, acquired the property in a million. 2011 quitclaim deed. In conjunction with the purchase, Built in 2004, the 29,874-square- Foothill to Summit Properties IV Medical Office Facility foot, Class B facility sits on 1.8 acres filed a $1.4 million deed of trust and on the south side of Educators Lane security agreement through Mod- east of its intersection with Kate ern Woodmen of America. Mark R. Sells for $5.9 Million Bond Road near Bartlett. Hodgson signed the loan as man- The Shelby County Assessor of ager of the borrower. Eric Smith Property’s 2013 appraisal is $2.6 [email protected] million. 6525 N. Quail Hollow Road The transaction also included an Memphis, TN 38120 adjacent vacant parcel. Loan Amount: $7.5 million Stage Rd 2114 Union Ave. Loan Date: Sept. 25, 2013 Memphis, TN 38104 Maturity Date: N/A Borrower: Memphis-NCR LLC Sale Amount: $2.8 million Lender: German American Capital Sale Date: Sept. 24, 2013 Corp. Physicians Plaza of Bartlett Buyer: Foothill to Summit Proper- Details: The owner of the ties IV LLC 96,096-square-foot office building Seller: Cole AP Memphis TN LLC at 6525 N. Quail Hollow Road in East Loan Amount: E $1.4 million Memphis has filed a $7.5 million du ca d to Loan Date: Sept. 24, 2013 loan on the property. n rs Ln L R s or cat d Maturity Date: Sept. 10, 2028 Memphis-NCR LLC, a local affili- Edu n

o

B Lender: Modern Woodmen of ate of Culver City, Calif.-based real

e t America estate company Goldrich & Kest In-

a K Details: An Olympia, Wash.-based dustries LLC, filed the deed of trust company has paid $2.8 million Sept. 25 through German American 7865 Educators Lane • Memphis, TN 38133 for the Applebee’s Neighborhood Capital Corp. Grill and Bar at 2114 Union Ave. in Barry Cayton signed the deed as Midtown. manager of JG Group GP LLC, which 7865 Educators Lane Foothill to Summit Properties IV serves as a general partner in the Memphis, TN 38133 LLC bought the 4,834-square-foot borrower’s managing entity. restaurant in a Sept. 24 special war- Built in 1991, the Class A, five-story Sale Amount: $5.9 million ranty deed from Cole AP Memphis office facility sits on 4.6 acres on the Sale Date: Sept. 26, 2013 TN LLC. south side of Quail Hollow at its in- Buyer: GA HC REIT II Bartlett TN MOB LLC Foothill to Summit Properties IV tersection with Aaron Brenner Drive Seller: APD Investments LLC, Robert S. Biscan, The Colony Group LP and Amir H. assumed the lease. and houses the corporate headquar- Mehrabi The seller had acquired the property ters of Crye-Leike Realtors Inc. and Details: An affiliate of Newport Beach, Calif.-based Griffin-American Healthcare in 2010 for $2.1 million from the Magna Bank. REIT II Inc. has paid $5.9 million for the medical office building at 7865 Educators entity DBAPPLEF LLC. The Shelby County Assessor of Lane in Northeast Memphis. Built in 1999, the restaurant sits on Property’s 2013 appraisal is $9.5 Operating in the transaction as GA HC REIT II Bartlett TN MOB LLC, the real estate slightly less than an acre along the million. investment trust bought the Physicians Plaza of Bartlett in a Sept. 26 special war- north side of Union near its inter- Memphis-NCR bought the building ranty deed from four sellers – APD Investments LLC, Robert S. Biscan, The Colony section with South Cooper Street. in 2007 for $17.5 million from 6525 Group LP and Amir H. Mehrabi. The Shelby County Assessor of Quail Hollow GP. www.thememphisnews.com October 18-24, 2013 9 Money&Markets Extra It has been a little more than five years trip above $4 per gallon without some sort world we are quite privileged. I don’t think What does this mean for U.S. refiners? since the national average price for a of major conflagration in the Middle East we’re going to be energy independent this This business is cyclical, and it’s a bit of a gallon of gasoline set a record of $4.11, involving the Saudis or Iran. We’re simply decade but we’re going to be a lot less down cycle for gasoline right now, but my Relief at and it may be another five years before in great shape on refining and we’re in dependent than we were. hunch is that refiners are going to make drivers see that price again. Booming oil great shape in production, relative to enough in the fourth quarter of this year Insider production in the U.S. and lower demand anything going back until the Reagan What’s behind lower demand? and the first quarter of next year on diesel, the pump Q&A from the world’s biggest consumer is Administration. Very low interest rates are fueling a much jet fuel and heating oil that it will offset the helping keep world oil supplies plentiful. more rapid turnover of the auto fleet. momentary misery on gasoline. Who he is: At the same time, booming U.S. natural What’s changed? We’re getting rid of some old inefficient Longer term, U.S. refiners are going Chief oil analyst at gas production has pushed prices down, The energy picture is as promising as it’s vehicles and we’re replacing them with to do relatively well. We’re certainly GasBuddy.com and reducing operating costs for U.S. refiners been for North America as it’s been for better ones. We’ve got lower consumption in much better shape than years ago the Oil Price Information Service and enabling them to out-compete the last 30 years. We’re the beneficiaries and we’ve got lower consumption to when there were predictions of millions refiners around the world. of natural gas prices that are one-third or come. And we’ve got higher output. More of barrels a day of refining capacity that Among his insights? The boom in U.S. oil one-fourth of the price in other continents. supply, less demand. might be shut down. The rescue for the production, low costs We haven’t seen a $4 national average And our crude oil prices tend to be lower U.S. is that we’ve become the supplier to for U.S. refiners, and gasoline price in a half-decade. Will we than in other continents and countries that So if gas prices aren’t going to spike is a great expanse of Latin America. slowing U.S. gasoline see one soon? don’t subsidize the price. Even though it safe to go buy a Hummer? demand will keep a lid on fuel prices. Most people will be paying under $3 the consumer looks and says “I’m paying It always makes sense to buy something Tom Kloza before they are paying over $4. It’s hard quite a bit compared to what I was a gen- sensible. Peak oil will come back Interviewed by Jonathan Fahey. for me to imagine any sort of sustained eration ago,” compared to the rest of the someday, just not this decade. Answers edited for content and clarity. AP

BEHIND THE BRAND FEDEX (FDX) Rolling opportunity Ground game Rental car stocks are on a roll. relaunched J.P.Morgan’s Avis Budget Group is up 49 coverage of both stocks, giving delivering percent this year and Hertz each an “Overweight” rating – Global Holdings is up 47 percent. the equivalent of a “buy.” That’s more than twice the 22 One key reason is consolida- percent rise of the Standard & tion in the industry. In a research Poor’s 500 index, which closed at report, Milota notes that Avis, an all-time high of 1,733.15 Hertz, and Enterprise, which is A sluggish global economy and cost-cutting by customers is creating Thursday. privately held, largely control the turbulence in FedEx’s air-shipment business. Although the stocks have been industry. He says the presence But even as more customers shift away from priority international air strong performers, it hasn’t been of fewer competitors has had a shipments, the Memphis, Tenn.-based package delivery company is a smooth ride. Each stock is positive impact on pricing. That, benefiting from growing demand for its slower, ground shipping service. The greater than 10 percent below its plus continued economic trend helped boost FedEx’s quarterly profit by 7 percent this summer. CEO 52-week high set this summer. recovery through 2014 and Fred Smith has said FedEx is embracing more economical services as a So does this present a buying 2015, he says, should lead to growth business. opportunity? more car rentals and a better PRICE HIKES: With its ground-shipping unit churning out strong profit, Financial analyst Kevin Milota operating environment for the FedEx plans to raise U.S. express-shipping rates by an average of 3.9 believes so. Earlier this month he rental car industry. percent early next year. Prices for ground shipments in 2014 will be announced later this year; the freight segment imposed a 4.5 percent rate THURSDAY’S MARKET TOTA L RETURN P/E AVERAGE NUMBER OF hike in July. AVIS BUDGET GROUP CLOSE VA LUE YTD 5-YR ^ RATIO* BROKER RATING ANALYSTS PULLBACK: The decline in international priority (CAR) deliveries has been particularly noticeable in $29.61 $3.2 billion 49.4% 64.0% 24 8 FedEx’s shipments of consumer electronics Sell Hold Buy from Asia. The company is responding by Based in Parsippany, N.J., the car and truck rental company operates both reducing air cargo capacity between Asia and the United States. the Avis and Budget brands in approximately 175 countries. Avis Budget acquired Zipcar, the car sharing service, in March. Thursday’s close: $125.19 HERTZ GLOBAL (HTZ) $23.84 $9.6 billion 46.5% 36.1% 31 10 Price-earnings ratio : 25 • Express deliveries account for Sell Hold Buy (Based on trailing 12 month results) 60 percent of FedEx’s revenue. Based in Park Ridge, N.J., Hertz Global rents cars and trucks through the • Total package revenue in the YTD price change 12 months ended May 31 was Hertz, Dollar, Thrifty and Firefly brands around the world. Hertz is the largest FDX: 37% S&P 500: 22% airport car rental brand in the U.S. $21.3 billion, up 2 percent from Market value: $39.6 billion a year earlier.

Source: FactSet * based on trailing 12 month results ^annualized Trevor Delaney; Jenni Sohn • AP Source: FactSet Data through Oct. 17 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 3 39.00 34.44 +.24 +0.7 s t s +2.2 +1.7 26 1.80 Merck & Co MRK 40.02 7 50.16 47.11 -.06 -0.1 t t t +15.1 +3.6 26 1.72 8 s s s AutoZone Inc AZO 341.98 452.19 429.13 +4.50 +1.1 +21.1 +14.6 15 ... Mid Amer Apartments MAA 60.19 4 74.94 65.06 +1.37 +2.2 s s s +0.5 +4.3 21 2.78 BancorpSouth BXS 12.55 0 20.98 20.93 +.03 +0.1 s s s +43.9 +50.6 24 0.20f Monsanto Co MON 82.70 9 109.33 105.60 +.26 +0.2 t t s +12.0 +18.1 23 1.72f Boyd Gaming BYD 4.75 0 14.75 14.11 +.08 +0.6 s s t +112.5 +113.9 dd ... Mueller Inds MLI 42.43 0 58.15 57.17 +.60 +1.1 s s s +14.3 +15.1 20 0.50 Community Hlth Sys CYH 26.33 7 51.29 43.74 +.42 +1.0 s s s +42.3 +53.5 19 0.25e 9 s t s Corrections Corp CXW 25.82 9 39.90 37.42 +.46 +1.2 s s s +26.0 +36.0 24 1.92 Navistar Intl NAV 18.17 39.79 37.14 +.22 +0.6 +70.6 +79.4 dd ... Cummins Inc CMI 86.87 0 136.50 133.98 +.69 +0.5 s t s +23.7 +48.2 18 2.50 Nike Inc B NKE 44.83 0 75.25 74.54 +.02 ... s s s +44.5 +55.0 26 0.84 0 s s s Delta Air Lines DAL 9.21 25.43 24.79 +.37 +1.5 +108.8 +145.0 11 0.24 Pinnacle Entert PNK 11.39 9 25.86 23.46 -.55 -2.3 t t t +48.2 +103.0 dd ... Dillards Inc DDS 74.03 4 94.86 80.53 +1.37 +1.7 s t s -3.9 +9.2 11 0.24f Regions Fncl RF 6.19 9 10.52 9.94 +.13 +1.3 s s s +39.4 +39.1 12 0.12 Dover Corp DOV 55.24 9 92.87 87.40 -.92 -1.0 t t t +33.0 +57.0 16 1.50f Renasant Corp RNST 16.53 0 29.32 28.59 +.22 +0.8 t s s +49.4 +49.4 23 0.68 DuPont DD 41.67 0 60.86 59.64 +.58 +1.0 s t s +32.6 +22.3 12 1.80 0 s s s Education Realty Tr EDR 8.30 4 11.77 9.35 +.05 +0.5 s t s -12.1 -6.2 94 0.44 Smith & Nephew PLC SNN 50.74 64.23 63.48 +.65 +1.0 +14.6 +18.9 80 1.33e FedEx Corp FDX 85.15 0 124.35 125.19 +1.93 +1.6 s s s +36.5 +34.7 25 0.60 Smucker, JM SJM 81.60 9 114.72 108.44 +.94 +0.9 s s s +25.7 +30.7 21 2.32f 7 s s s Fst Horizon Natl FHN 8.90 12.75 11.44 +.04 +0.4 +15.4 +23.2 19 0.20 Suntrust Bks STI 25.30 8 36.29 34.03 +.19 +0.6 s s s +20.0 +19.6 9 0.40 Freds Inc FRED 12.30 8 17.71 16.15 +.08 +0.5 s t s +21.3 +19.6 21 0.24a Synovus Fincl SNV 2.07 0 3.52 3.38 +.03 +0.9 s s s +38.0 +47.4 dd 0.04 GTx Inc GTXI 1.31 1 7.24 1.77 +.09 +5.4 s t t -57.9 -64.4 dd ... Sysco Corp SYY 29.75 4 36.05 32.10 +.01 ... t t s +2.3 +5.1 19 1.12 Ingram Micro IM 14.81 0 23.78 23.88 +.40 +1.7 s s s +41.1 +54.9 13 ... 9 s s s Intl Paper IP 32.95 8 50.33 45.28 +.31 +0.7 s t s +13.7 +20.9 19 1.40f Trustmark TRMK 20.76 27.98 26.76 +.18 +0.7 +19.1 +17.1 15 0.92 Isle Capri Casino ISLE 4.75 7 8.79 7.51 +.01 +0.1 s t t +34.1 +14.2 dd ... Tyson Foods TSN 16.03 9 32.40 29.77 +.21 +0.7 r t s +53.5 +83.2 14 0.20 6 s t s Kellogg Co K 51.36 67.98 60.96 +.29 +0.5 +9.1 +19.9 23 1.84f UPS class B UPS 69.56 0 92.12 91.92 +.59 +0.6 s s s +24.7 +28.2 64 2.48 Kirklands Inc KIRK 8.26 7 21.74 17.20 +.16 +0.9 s t t +62.4 +66.4 20 ... Utd Technologies UTX 74.44 9 112.46 108.02 +1.59 +1.5 s t s +31.7 +39.9 16 2.36f Kroger Co KR 23.13 0 41.94 42.21 +.34 +0.8 s s s +62.2 +73.8 14 0.66f Valero Energy VLO 27.89 5 48.97 38.39 +1.14 +3.1 s s s +12.5 +41.1 9 0.90f LifePoint Hosp LPNT 34.37 8 53.29 48.56 +.84 +1.8 s s s +28.6 +14.2 20 ... 2 s t s Macy’s Inc M 36.30 6 50.77 44.46 +.67 +1.5 s t s +13.9 +10.4 13 1.00 Verso Paper Corp VRS 0.61 1.68 .77 +.05 +6.9 -28.0 -51.0 dd ... Medtronic Inc MDT 40.28 0 55.98 56.32 +.84 +1.5 s s s +37.3 +29.1 15 1.12 Wright Medical Grp WMGI 18.89 9 28.41 26.56 -.86 -3.1 t s s +26.5 +26.3 dd ...

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 October 18-24, 2013 www.thememphisnews.com

Real Estate & Development Distribution US Bank Accused Of Housing Discrimination Flagship Facility NexAir unveils new welding lab, renovated Downtown space In Memphis Areas

Michael Waddell [email protected] Amos Maki [email protected]

fair housing organization is accusing a second major bank of discriminating against Aminority neighborhoods and property own- ers in Memphis for the way it handled bank-owned properties. The National Fair Housing Alliance on Tues- day, Oct. 15, amended a complaint with the U.S. Strategically we Department of Housing and Urban Development, alleging U.S. Bank failed to maintain and market want our customers properties in minority neighborhoods, while paying to view us as special care to its homes in predominantly white experts in all forms neighborhoods. of industrial and The national nonprofit housing alliance said medical gases.” its investigation found that the bank’s properties in “ predominantly minority neighborhoods were much – Bill Proctor President, nexAir more likely to have structural and aesthetic prob- lems than its homes in white neighborhoods. Memphis-based nexAir, a distributor of atmospheric gases and welding supplies, recently The fair housing alliance said homes in minority debuted its demo lab at its renovated Downtown headquarters (Memphis News/Andrew J. Breig) neighborhoods were less likely to have for-sale signs and marketing materials and more likely to have broken windows, unkempt lawns, trash and other problems that would discourage investment while dragging down surrounding property values. exAir, one of the largest weeks to complete. ered rechargeable welder will be “This is not an appealing way of having a real distributors of atmospheric “We have an investment in released, which will really help in estate agent show you this house,” said Shanna N gases and welding supplies Memphis and in Downtown, and we repair shops and people who have Smith, president and CEO of National Fair Housing in the country, recently debuted a wanted to keep this facility in Mem- to do repairs on the road,” No- Alliance, referring to a home with several vis- new advanced welding and cutting phis,” said Patrick Galphin, nexAir land said. ible deficiencies. demonstration lab at its renovated director of marketing and public Training in the demonstration Smith said the properties were neglected even Downtown headquarters on Walnut relations. “We renovated the show- lab can be accompanied by ad- though a better maintained home would sell more Street. room in order to turn this site into a ditional training in one of the two quickly and at a higher price. The 4,000-square-foot lab, which flagship location. This is where our classroom areas, where sessions will “U.S. Bank has a fiduciary duty to get the best will be used to train employees and customers will come to see the latest include technology overviews and price for these homes,” Smith said. customers on the latest technologies in technology as well as the latest in will demonstrate equipment value. The amended complaint against U.S. Bank, and equipment, is part of a major how we distribute our products.” NexAir also plans to use the lab whose parent company is Minneapolis-based renovation of nexAir’s Downtown The company brought in state- to teach students potentially inter- U.S. Bancorp, comes less than a month after the facility that includes a renovated of-the-art equipment, including ested in welding, and the company housing alliance made similar claims against showroom, additional office space a Miller/Panasonic PerformArc has already hosted a group from St. Bank of America. and two classrooms/presenta- pre-engineered robotic work cell, a Mary’s Episcopal School. The alliance created a list of housing mainte- tion areas. Retro Systems CNC plasma cutting Proctor expects to possibly put nance and marketing issues – from broken windows “This is a first for us as far as table and a micro-bulk gas system. together another similar lab in the to overgrown lawns and absent for-sale signs – and demonstration ability,” said nexAir The demonstration lab also includes near future. inspected homes across the country in predomi- president Bill Proctor. “Strategically three welding stations featuring “I would say there’s a good nantly white and in minority neighborhoods. we want our customers to view us as Fronius, Lincoln Electric, Miller and chance we will do something in the The amended complaint was filed under the Fair experts in all forms of industrial and Hypertherm welding equipment eastern side of our geographic foot- Housing Act, which makes it illegal to discriminate medical gases and any processes and accessories. print sometime in the next year,” based on race, color, national origin, religion, sex, related to welding and cutting, The demonstration lab is led by he said. disability or familial status, as well as the race or the technologies and the related nexAir sales and support engineer NexAir was founded in 1940 and national origin of residents of a neighborhood. The equipment.” Samantha Noland, who trains in is the product of two independent, law applies to housing and housing-related activi- Proctor hopes to use the lab to welding and robotics and conducts family-owned companies based in ties, including the maintenance, appraisal, listing, lead Memphis’ manufacturing in- automation sales and support. No- Memphis – Mid-South Oxygen and marketing and selling of homes. dustry into the future with its inno- land is among the 4.8 percent of the Standard Welder’s Supply. The two A U.S. Bank spokesperson said the housing al- vation and technological advances. welding, soldering & brazing profes- companies merged in 1996, and liance’s claims were unfounded since the company “With the move towards auto- sion who are women, according to nexAir now has 33 locations span- was acting as trustee on many of the properties. mation and the re-shoring of some the 2012 Bureau of Labor Statistics. ning seven states. “ U.S. Bank is one of the nation’s leading cor- manufacturing in the last several “There have been several ad- “Since 1996, we’ve nearly dou- porate trustees, which is important in this matter years, we felt we needed to be able vances in plasma cutting technology bled our revenue,” Proctor said. “We because it means we have no legal right to service or to have those processes and equip- that have allowed it to be extremely do a good amount of business with maintain properties that are held in an investment ment available to our customers as competitive against oxy fuel and institutional, medical and research pool for which we are trustee,” said Teri Charest, well as to employees,” Proctor said. laser cutting,” Noland said. “We’ve facilities, as well as the automotive spokesperson for U.S. Bank. “The vast majority of NexAir’s Downtown location was also included a new line of Fronius industry, steel mills, and tank and the properties originally identified by NFHA are built in the mid-1950s and has had digital welding equipment that is boiler manufacturers.” properties where we are trustee. We have no legal several facelifts over the years. The especially useful for people running The company sells, packages ability to service or maintain these properties.” cost of the renovations and equip- thin materials, from aluminum to and distributes atmospheric medi- But Smith said the Fair Housing Act applies ment totaled more than $250,000. galvanized steel.” cal, specialty and industrial gases to companies serving as trustee. In Memphis, the Lagasse Construction Inc. All equipment and accessories (which make up approximately housing alliance observed 21 properties beginning was the general contractor, and demonstrated in the facility are 60 percent of its overall business), in May – 11 in predominantly black neighborhoods, industrial interior designer Ann products sold, serviced and in- along with related products includ- four in majority non-white neighborhoods and six Parker Design Studio configured stalled by nexAir. ing welding equipment, welding in predominantly white neighborhoods. the layout. Buildout took roughly 10 “Next year a new battery pow- supplies, safety supplies and dry ice. www.thememphisnews.com October 18-24, 2013 11

Quarterly Report: Mortgages restaurant industry County Mortgages Improve Dishcrawl Brings Supper Club 7 Percent In Third Quarter Concept to Town

Andy Meek Andy Meek $447 million during the third quarter got a good pipeline, and right now we [email protected] [email protected] this year, from $375.8 million in the already have closings in November.” third quarter of 2012. The third quar- He said the biggest factors in that he gas tank of Shelby County’s ter’s volume also was a big gain over activity for Paragon are the low interest Memphis is getting an underground mortgage market continues to the $337.9 million in mortgage volume rate environment and “better pric- “supper club” next month, the latest on an T be powered by the fuel of low for the second quarter this year. ing for homes.” Paragon also has an extensive list of events held under the banner interest rates and more of a willingness Mike Edwards, president and chief interest in adding new staffers to its of Dishcrawl Memphis. The supper club will from lenders to make new loans. operating officer of Paragon National mortgage operation. Looking at Shelby launch Nov. 20 at a secret location. Like the Banks and mortgage lenders made Bank, said the current rate environ- County’s mortgage activity year-to- rest of Dishcrawl’s local events – which include 2,521 purchase mortgages in Shelby ment has led his bank to see a “very date, the trend line is similar to Q3’s. various meet-up type events centered around County during the third quarter, a 7 dramatic shift” from mortgage refi- Through Sept. 30, lenders had made different kinds of food – the supper club loca- percent improvement from the 2,364 nance to purchase mortgage activity. 6,377 mortgages, the average mortgage tion and the chef involved won’t be revealed to mortgages during the third quarter Over the two third-quarter periods, for was $169,842, and total volume was a ticket holders until 48 hours before the event. of 2012, according to the latest data example, Paragon saw its mortgage vol- little more than $1 billion. Dishcrawl Memphis tends to do that with from real estate information company ume jump from $3.5 million to almost All of those numbers surpass where its events to instill a bit of mystery and fun. For Chandler Reports,www.chandlerre- $7.5 million, according to Chandler the market was through Sept. 30 last the supper club, a group of foodies will gather ports.com. Data for this report include Reports. year. During that period, lenders made for dinner with a yet-to-be-revealed chef. The purchase mortgages only. “A couple of years ago, we’d see 6,103 mortgages, the average mortgage dinner will include several courses, and the Mortgages averaged $177,410 some months with 80 percent and amount was $154,166, and volume was showcase of the event, according to Memphis during the quarter, up 11.6 percent higher refinance activity, and now it’s almost $941 million. Dishcrawl Ambassador Kim Fuqua, will be from the $159,002 average during the 80 percent and higher purchase activi- The uptick in mortgage activity “the creative mind of the chef.” She went on to same period in 2012. The total volume ty,” Edwards said. “Volume is still good. explain how the Memphis supper club event jumped 19 percent to a little more than We’re performing above budget. We’ve mortgages continued on P27 was inspired partly by the social media-fueled spread of supper club events around the world. And she wanted Memphis to experience the Third quarter mortgage activity same kind of pop-up dining event. “The idea of secret supper clubs isn't a new Mortgages: 2,521 September Mortgages Up 2 Percent one – it's been a global phenomenon for a few Mortgage volume: $447.4 million years now,” Fuqua said. “The concept centers 2013 September saw a slight improve- from a little more than $106 million around one chef, the location being a secret, ment in the county’s mortgage mar- in September 2012. And the average Mortgages: 2,364 and it unfolds with a multi-course chef's choice ket compared to September 2012. mortgage amount between the two Mortgage volume: $375.8 million extravaganza of small plates.” Last month saw 705 purchase September periods rose to $166,685 2012 The event is the latest evidence underscor- mortgages made, a 2 percent last month from $153,137 in Sep- ing how the Dishcrawl concept – which caters improvement from 693 mortgages tember 2012. Top mortgage lenders, third quarter 2013 to foodies in 125 cities nationwide – has found in September 2012, according to The top lenders last month were a strong foothold in Memphis. Other cities with Community Mortgage Corp. – 223 real estate information company Community Mortgage Corp. with their own Dishcrawl events include San Fran- Magna Bank – 173 Chandler Reports, www.chandler- 63 mortgages, Magna Bank with cisco, New York, San Jose, Calif., and Philadel- reports.com. 56 mortgages, Wells Fargo with 35 Wells Fargo – 140 phia, among others. Dishcrawl founder Tracy September’s mortgage volume mortgages and Regions Bank with Patriot Bank – 118 Lee said expansion of Dishcrawl to new cities totaled almost $117.5 million, up 33 mortgages. Iberiabank – 117 is partly the result of serendipity and partly the Source: Chandler Reports www.chandlerreports.com result of people simply wanting it in their area.

Make Sure Your Nonprofit is Ready for Year End

Are you and the nonprofits you are are friends of board members? Who regu- gave multiple times during 2013, those made an impact and how a gift today will involved with ready for the year end? larly attends your special events? Knowing who purchase event tickets but have not increase or continue that impact. Ask for Many nonprofits seek to raise a meaning- who your donors are can help you set an yet made a gift, those who give major gifts, a specific amount. Email should be short, ful percentage of their funds during the achievable year-end fundraising goal and those who have given for each of the past with links and images. Multi-page direct last two months of the year. Planning develop strategies for different groups of five years, those who give by email only mail letters are most effective. A Facebook usually begins in August, but it donors. and donors who responded to prior direct campaign will be distinctly different, and is not too late Move beyond a “one size fits all” direct mail appeals. Review the reports. Identify hopefully viral. Conversations that board to make a mail or email appeal. Instead, determine those you want to communicate with via members and volunteers have during plan and how you want to engage each donor. Do email or direct mail. Check to see which personal meetings with major donors will imple- you want to encourage those who attend of your board members have relation- be different still. One size does not fit all. ment it. special events to make a gift to your an- ships with your major donors; ask them to Each year-end ask should be appropriate Here nual fund? Are you looking to encourage personally solicit those they know. Identify to the donor. Take the time to figure out are our online donors to increase their giving or those special events supporters and the right approach for each donor. Hone MEL & Pearl shaw recom- make an additional gift? Do you want to develop a strategy to solicit a year-end gift. your message. Set a goal and track your FUNdraising Good Times menda- encourage prior direct mail donors to give Consider working with a consultant to find activities and results. tions. at a higher level? Do you want to re-engage the right strategy. Take time to consider what you know those who gave in 2011 but did not give in Think about what your nonprofit has Mel and Pearl Shaw are the authors about your donors and their history with 2012? accomplished over the past year and what of “Prerequisites for Fundraising Success.” your nonprofit. Who has responded to Your database can help you define your you want to accomplish in 2014. Craft your They position nonprofits for fundraising direct mail appeals? Who gives because of strategies. Consider running the follow- message for each medium using emo- success. Visit them at www.saadandshaw. an email or social media campaign? Who ing reports: first-time donors, donors who tion and facts. Share how past gifts have com. 12 October 18-24, 2013 www.thememphisnews.com

Letter Calls For Quarterly Report: Home Sales Pension Action Home Sales Climb If anyone at City Hall has any illu- sions that the state of Tennessee is no longer concerned about city govern- ment’s unfunded pension liability, 12 Percent in Quarter Tennessee Comptroller Justin P. Wilson cleared up that point with a letter sent to Memphis Mayor A C Wharton Jr. this month and released Oct. 15. It came at Amos Maki think this is more normal than it has been For the year, Shelby County has re- the end of a four-paragraph letter that [email protected] in a long time.” corded 12,294 homes sales, up 10 percent began with Wilson saying the city had Collins said Shelby County could even from 11,176 sales over the same period met the requirements he set out in a helby County’s housing market see a 10 percent increase in sales for the last year. Total sales volume tipped the May letter critical of city finances. continued to show signs of im- year, depending on how consumers react scales at $1.68 billion, up 22 percent from The May letter brought to the sur- S provement in the third quarter, to the economy. $1.38 billion last year. The average year- face concerns state officials had since posting double-digit increases in several “I think it is likely, although a 9 per- to-date sales price in Shelby County was at least April regarding a wide range of key areas over the same period last year. cent year-over-year is more likely,” Collins $137,309, up 10 percent from $124,308 city financial practices. Wilson ordered The county netted 4,686 home sales said. “More so because of all the negative last year. the city to immediately restore nega- in the third quarter, a 12 percent increase talk coming out of Washington, D.C., than Regina Hubbard of ERA Legacy Realty, tive balances in some of its accounts. from 4,176 in the third quarter of 2012, the market itself. Consumer confidence and president of the Memphis Area As- The city did that from its reserves and according to real estate information com- is key and Washington seems to be doing performed a risk assessment to identify pany Chandler Reports, www.chandler- their best to erode that confidence.” home sales continued on P27 weaknesses in its internal financial con- reports.com. trols including debt management. He Total sales volume in the third quarter Third Quarter – Residential Sales described steps taken as “meaningful.” was $682.8 million, up 12 percent from “Nevertheless, very substantial chal- $549.6 million in the third quarter of Nonbank and bank residential sales in Shelby County, Q3 2013 lenges remain,” Wilson wrote in the Oct. last year. Q3 2012 Q3 2013 % Change 7 letter to Wharton. “For example, we And the average sales price was Non-bank Sales 3,168 3,935 24 % understand the city is in the process of $145,702, up 11 percent from $131,615 in Bank Sales 1,008 751 -25 % restoring its reserve fund balance and the third quarter of last year. Total 4,176 4,686 12 % reforming its pension plan to address Doug Collins of Prudential Collins- the significant unfunded obligation. I Maury said the continued improvement ZIPs with the most nonbank and bank sales, Q3 2013 would impress upon the city that it is in housing numbers was bound to hap- Nonbank Sales imperative that it pursue those efforts pen after the roller coaster ride the market # Sales Total $ with dispatch.” has endured, from the unrealistic highs in 38017 Collierville 293 $90 million The city’s unfunded liability on its the early- to mid-2000s to the prolonged 38117 East Memphis 253 $54.5 million pensions has grown over several years slump the market has endured following 38002 Arlington 240 $55.1 million after being more than 100 percent fund- the Great Recession and housing crash. Bank Sales ed prior to the onset of the national “It’s been such an improvement from # Sales Total $ recession. Wharton and his administra- where we’ve been,” Collins said. “All 38128 Raleigh 65 $2.8 million tion estimate fully funding the liability indications are that the bottom was in www.chandlerreports.com Reports, handler 38019 Westwood 55 $1.4 million could mean finding $60 million to 2011 and things are getting back to what 38118 Oakhaven/Parkway Village 48 $1.79 million $80 million. should be a more normal level for us. I C Source:

Airlines Airfare Competition has MEM Optimistic

Michael Waddell longer have to drive on the hor- total enplanements dropped in the domestic market,” said that opened earlier this year. [email protected] rific highways to Little Rock and 31.4 percent from 4.9 million Sammons, who cited the fact Richard White, Airport Authority Nashville,” Sammons said. through August 2012 to 3.3 mil- that main airlines have new air- vice president of properties and He also mentioned that an lion through August 2013. In craft on order. “There are many business development, plans to emphis-Shelby County unnamed charter service is September, total enplanements exciting names and logos that I tweak the center’s parking offer- Airport Authority of- very likely to be adding a direct dropped 26.4 percent compared hope in the next couple of years ings over the next few months M ficials remain optimis- flight from Memphis to Cancun, to August’s numbers, falling you will see flying in and out of in an attempt to generate an tic about the future of Memphis Mexico, next spring. from 217,531 enplanements to Memphis.” additional $1 million in revenue International Airport, thanks to “We may well not be finished 159,964. Sammons also expressed ex- per year. increased airline competition with Delta’s cuts. I don’t have a While Delta’s moves caused citement over the debut of a new “We’ve added more long-term that is driving down airfares for crystal ball, but the more cuts the majority of the slide, South- 767 aircraft by FedEx Friday. parking to our presentation,” travelers and businesses. they make the more opportu- west’s overall enplanements Total cargo handled for Sep- White said. “We also hope to add “Competition is a wonder- nities there will be for other increased, and Airport Authority tember decreased 0.77 percent another product: a valet service ful thing,” said board chairman airlines,” Sammons said. president and CEO Larry Cox year-over-year, with roughly 723 in which people will be able to Jack Sammons. “Ultimately, we The impact of the recent expects that trend to continue million pounds handled com- drop off their car in front of the are going to have a mosaic of fre- Delta de-hubbing was felt last leading up to and following the pared to 728 million pounds terminal building, and it will quent and affordable air service. month, as the number of non- Southwest/AirTran Airways tran- handled in September 2012. For be waiting on them when they The prices are already shockingly stop flights dropped from August sition on Nov. 3. the 2013 fiscal year to date, cargo return.” low in some markets.” to September. Delta reduced its “To the extent that we fill handled is up 2.7 percent, with Recent fiscal year 2013 audit He cited fares of $77 each schedule from 44 nonstop flights seats, the airlines will provide 6.55 billion pounds handled results were very positive for way from Memphis to Baltimore in August to just 29 in September. more seats,” he said. through September 2012 versus the airport. Operating revenue on Delta. Higher fares over the The number of available seats Airport officials expect to see more than 6.7 billion pounds increased 1.5 percent year- past few years had caused many also dipped by more than 50,000 new aircraft over the next few handled so far this year. over-year, jumping from $110.8 to drive to nearby cities to catch seats from August to September, years as airlines phase out older, Parking revenue was up million to nearly $112.5 million. flights at much lower rates. decreasing from 288,340 avail- smaller airplanes. 20 percent last month due to Operating expenses rose 5.2 per- “It’s an exciting time for busi- able seats to 237,840. “There is a shortage of air- increased activity at the new cent from $55.2 million to more nesses (and travelers) that no For the fiscal year to date, planes in the world, particularly ground transportation center than $58 million. www.thememphisnews.com October 18-24, 2013 13

SMALL-BUSINESS SPOTLIGHT Conflict Resolution

As I write this we’ve had another week of ongoing and intense political conflict with no end or compromise in sight. I hope I won't McCullough Blends Right be able to make this statement a week from now. By definition, a compromise involves an agreement or settlement of a dispute reached by each side making concessions. At this point, I’m not sure what good if any can Ingredients With ‘Chef Jenn’ come from the current political standoff in Washington. Perhaps at a minimum, we can observe Richard J. Alley Special to The Memphis News how not to do things and harvest a few ideas that will help improve our ennifer McCullough, the white were going out to purchase the hors personal conflict resolu- chef’s coat behind the brand Chef d’oeuvres, and they were looking for a Jenn, began cooking up a dream in more sophisticated offering than the tion skills. If you are like J most business profes- her home kitchen. standard Ro-Tel dip. The recipe for success would take “They’re just unique and flavor sionals, learning more equal parts culinary expertise and profiles that people haven’t experienced about this sort of chris cRouch before, and it just gives people another thing should come SMART STUFF marketing savvy, and since the end of 4 WORK September her selection of gourmet choice,” she said of her selections. in quite handy at seafood dips can be found in 116 Kroger As demand grew, and the time work and at home. stores throughout Tennessee, and ingredients – she was chopping Here are a few basic observations and and Mississippi. 50-pound bags of onions by hand – lessons. See if there is a way to lower stress And she isn’t finished yet. threatened to take over, she moved into before seriously addressing the problem. “I’m working on line extensions a commercial kitchen with a manufac- Effective communication is inversely related now,” she said. “I have two products turing permit and her clientele included to the stress levels of the parties in conflict. In ready to go and others I’m developing shops such as Palladio Antique and Art, my customer service training days, we taught that are still seafood-based, entertain- Miss Cordelia’s, Bluff City Coffee and our front-line employees this basic principle ment-based.” local farmers markets. along with several specific skills for reducing It’s a heady and exciting time for Mc- She was operating then under an tension and stress in potential conflict situa- Cullough, who grew up in Memphis and exemption by the U.S. Department tions. attended The Hutchison School for 14 of Agriculture, under the regulation (Submitted Photo) For example, when confronted by an years. She left home for the University of and inspections of the Food and Drug Jennifer McCullough has created a new angry customer, they were trained to think, Texas at Austin and a bachelor’s degree Administration and Tennessee Depart- gourmet brand, Chef Jenn. “Stress first, mess second.” In other words, in history, followed by a master’s in edu- ment of Agriculture. But she had a attempt to lower the customer’s stress cational psychology from the University vision and was being held back by those nel 3’s Live at Nine, which runs the first before attempting to fix the real or perceived of Colorado at Denver. regulations and by not being able to Monday of every month, and con- problem. She came of age around great cooks wholesale or sell across state lines. sumers were calling Kroger’s toll-free One of the primary tools for this strategy and was always in the kitchen as a child. “It wasn’t really, long term, a model number to ask about the product. Based is the use of effective listening skills. It is It was while in Austin, though, that she that made sense,” she said. “But my on such recognition, McCullough was important for employees to understand they says she “fell in love with the restaurant whole goal was to establish enough able to meet with Kroger and make do not have to personally agree with an angry culture.” of a brand and figure out what people a presentation at the grocery chain’s customer, but they do need to do everything Back in Memphis, and without a wanted so then I would, hopefully, be headquarters in Cincinnati. possible to make sure the angry customer business background but with a passion able to take it retail like I’m doing now.” “It was a little bit intimidating, but feels they are being heard. for food, McCullough began preparing To realize such growth, her produc- they were extremely helpful,” she said. Try your best to work on compromises in soups in her kitchen and selling them tion would have to become larger, a bit McCullough learned about this next private rather than in public. Public airing of to friends, which evolved into a supper more industrial, and regulated. “This step in retailing and that “the opportu- grievances and demands and name-calling is club of premade dinners that families kind of business, it’s about volume. In nity for me as a really small brand was likely to make everyone involved dig in more could reheat and serve. order to really make a living … it was not to compete side-by-side with an- and become much more entrenched in their She decided to focus on those going to be hard to do the kind of vol- other large, established brand. So that’s positions. Most people intellectually under- “entertainment-based” offerings for ume I needed to do, first of all, out of my where I found my niche. This product stand that egos should not drive or be an customers who were foodies, she said, kitchen and, second of all, meeting the line is innovative and there’s nothing important factor in negotiation and compro- with experienced palates. She found requirements of the regulations.” that competes side-by-side with them.” mise, but this intellectual understanding has that as they put all of their efforts into Representatives from Kroger had For the full article, please visit www. no bearing on reality. Egos matter. the main course for a dinner party, they seen her featured segment on Chan- memphisdailynews.com. Think of any compromise as a give-up to the entity involved and just not to each other. For example, when marriage partners make compromises, any perceived give-up is for the long-term health of the marriage, not just to the other spouse. In a business, any compromise is a give-up to the overall benefit of the organization, not just to each other. Help each other maintain a reasonably palatable exit strategy from the conflict. Devastating someone in a debate and leaving them with absolutely no way to save face is a losing strategy. At best, this might provide you with a short-term victory. However, back someone totally in a corner with no way out, and something irrational, and likely negative, will eventually come of it. So, without taking sides, how do you think the legislative and executive branch folks are doing with these issues so far? 14 October 18-24, 2013 www.thememphisnews.com

sports

College basketball There’s Beauty in Difficulty For Tigers This Season

learned that the Tigers were picked third in the season yesterday. Don Wade When the Athletic American Special to The Memphis News the preseason poll behind Louisville and “Not looking down on any other Connecticut, though just one point behind teams,” Goodwin said, “but that’s beauti- Conference’s Media Day UConn. The fourth through 10th spots, in ful. I love to see that. ESPN games, every- was held at FedExForum, onference USA’s Powers That Be, order: Cincinnati, Temple, SMU, Houston, body gets to play in front of their family the Tigers were picked third which is funny just to type, were South Florida, UCF and Rutgers. even if they can’t come. in the league preseason C not happy when the University For years, Tigers coach Josh Pastner “Last year, we played down to our level of Memphis left for what eventually was stumped in vain for C-USA. He said for all of competition a lot,” Goodwin added. poll behind Louisville and named the American Athletic Conference. the other C-USA teams, playing Memphis “This year we have a tougher schedule Connecticut, though just one The best indication of this? was their World Series, their Super Bowl, so we have no choice but to match their point behind UConn. When the 2013 C-USA men’s basketball their Indianapolis 500, their Kentucky intensity.” tournament was pulled from Memphis Derby and their Iditarod. He said this more Another indication of how much and FedExForum, where traditionally it than once. And that’s only a partial list. tougher this league is? Senior guard Joe Louisville forward Montrezl Harrell, South was a resounding success for a league with At some level (we think, we hope) even Jackson made the preseason All-Confer- Florida guard Anthony Collins and South no good teams not named Memphis. So Pastner knew his assertion was absurd and ence first team, but no other Tiger made Florida forward Victor Rudd. it’s fitting that in the Tigers’ first season in so he took it further. first or second team. Louisville guard Russ What’s the oldest motivational ploy in The American, the conference tournament No more. The American is real. True, it’s Smith was named preseason Player of the sports? Disrespect. Any number of Tigers will be at FedExForum. From March 12-15 not the old Big East, and next year Louis- Year and SMU guard Keith Frazier pre- can embrace that one heading into this in 2014, should you want to clear your ville will exit. But it’s legitimate. season Rookie of the Year. The rest of the season. calendar. Tigers sophomore Shaq Goodwin first team: Smith, Cincinnati guard Sean And yet, collectively, there may not be Worth noting about the tournament: listened to a sportswriter tick off the Kilpatrick, UConn guard Shabazz Napier a more talented team in the league – this The Tigers have not already been crowned names of all the big games – and marquee and Louisville forward Chane Behanan. side of Louisville – other than the Tigers. champions. teams – on this season’s league schedule, Second-team choices were UCF guard What team can put four dynamic senior In fact, this week, when the league’s starting with defending national champion Isaiah Sykes, UConn guard Ryan Boatright, guards on the floor at one time? Only Media Day was held at FedExForum, we Louisville, and he looked ready to tip off Houston forward TaShawn Thomas, Memphis, with its “Four Kings” better

Miller: Toughness Key to Continued Success

In a way, it’s almost as though Mike of games, we just gotta know in that now: the effort and the selflessness that Miller went abroad on a special intern- locker room that we work on things and has defined Grit-n-Grind and allowed ship. I mean, really, that’s how big the get better. the Grizzlies’ sum to be greater than the gap is from playing for the Grizzlies “It’s the whole roller coaster,” Miller team’s individual parts. Joerger’s hope, in small-market Memphis to going to said. “Don’t get too high, don’t get too of course, is that his up-tempo offense South Beach to play a defined role on THE PRESS BOX l o w.” will create more space for center Marc a Heat team that would win two NBA DON WADE I don’t have any metrics to support Gasol and forward Zach Randolph while championships behind LeBron James, this next statement, but in the Lionel also giving point guard Mike Conley and Dwyane Wade and Chris Bosh. on how everything breaks, accounting Hollins years I came to notice something others more room to operate. Not only did Miller hit some big shots for injuries, etc. in his pre-game scrums with the media. The Expectation with a capital E, in the NBA Finals last spring – he’s still Still, expectations have a way of lay- When the team was on a roll, he some- then, is that the Grizzlies remain one of got that 3-point stroke and it is fun to ing heavy weight on players’ shoulders. times would, almost arbitrarily, be terser the league’s elite defensive teams while imagine the game-changer he might be That’s not a good thing. and go out of his way to knock down becoming a vastly improved offensive for the Grizzlies – but he also has spent There’s also the danger of assump- storylines heaping praise on individual team. Miller says Heat players viewed time under the group microscope. tion – that by going deep in the playoffs players or the team. the Grizzlies as a blend between a “That’s one thing I can help with,” last season the Grizzlies already have Conversely, when the Grizzlies were typical Western Conference team and Miller said. “We have some expectations their ticket punched to the playoffs and scuffling, he treated questions about Eastern Conference team. here, which is a good thing.” through the first round. their struggles as over-analysis by peo- “They reminded us of playing Of course, it was a good thing in “The one thing people gotta under- ple who had never played or coached against the Bulls or Pacers in the fact Miami, too. You know, except when it stand is that just because we were in the game at a high level. His default was that you knew you played the Griz- was a suffocating thing. The situations the Western Conference Finals last year that all that mattered was coming out zlies when you left the game,” Miller are not the same, obviously. There’s no does not guarantee anything this year,” that night and playing harder and better said, adding what matters most now: LeBron or D-Wade in Memphis (present Miller said. “The Western Conference than the other guys. “That’s the toughness we’ve got to company excluded) and the expecta- has gotten way better. That was Hollins’ way of navigating keep because that’s the heart and soul tions are set at different levels. “So we’ve got to be able to manage the roller coast. First-year coach Dave of this team.” The Heat had to win the NBA those expectations. There will be ups Joerger will have to find his way to man- and downs. The one thing I learned in championship. And then win it again. age the ups and downs and we don’t Don Wade’s column appears weekly Miami when we lost a game was, ‘what Grizzlies fans would be beyond ecstatic yet know if it will be as effective, more in The Daily News and The Memphis the hell’s wrong with Miami? They’re for the team to reach the NBA Finals effective or less effective. News. Listen to Wade on “Middays with not playing very well.’ It’s a long process. and pretty happy with a return to the But one thing that has been crucial Greg & Eli” every Tuesday at noon on Same thing here. When we lose a couple Western Conference Finals depending in recent seasons must remain in place Sports 56 AM and 87.7 FM. www.thememphisnews.com October 18-24, 2013 15

sports

known as Jackson, Geron Johnson, Chris Crawford and Missouri transfer Michael Dixon. “That’s a mismatch for any other team,” Crawford said. “That’s advantage us. We can outrun any other team.” About this and everything else, well, time will tell. But that’s a good thing. There are not just one or two non-conference games to be excited about, but a bunch of league games and few outside the confer- ence, too. Another potential point of impact: of- ficiating changes in college basketball that will result in foul calls when even thinking about hand-checking. Yes, this could be a challenge for a physical player like John- son. But when the Tigers deploy all those guards and have the ball? “Now you can attack the rim,” Jackson said. “It’s gonna help us.” In truth, just about everything in the new conference should be of assistance, including the respect the Tigers can earn from the rest of the college basketball world and what that could mean for seed- ing come NCAA Tournament time. Of course, that’s assuming the Tigers take care of business possession by pos- session, game by game. The schedule does not have a make-believe Kentucky Derby or Iditarod on it, but it does have a whole lot of tough games in tough places. And (Memphis News/Andrew J. Breig) how beautiful is that? Senior guard Geron Johnson is part of a foursome of guards the University of Memphis will unleash on the “This is what I came to Memphis bas- American Athletic Conference this year. ketball for,” Johnson said.

Multifunction Machines Taking time Scanners to provide Copiers eX cellence. Printers

Managed Print Services

Electronic Document Management Systems

Eric Mellen xmcinc.com Sales

901.737.8910 7585 A.E. Beaty, Suite 101 Bartlett, TN 38133 16 October 18-24, 2013 www.thememphisnews.com

COVER STORy communityoasis Memphis Botanic Garden turns 60 with big projects on horizon ndrew J. Breig) J. A ndrew (Memphis News/

Memphis Botanic Garden’s Julie O'Bryan (right) examines a dragonfly larva with Elisa Webb (center) and Desiree Price.

Richard J. Alley ment. The garden, having just celebrated sissippi and came to Memphis to coach sion and not enough gardeners then to Special to The Memphis News its half-century anniversary, was a rudder- high school basketball and football. After keep up with general maintenance of the less ship. eight years on sidelines and in locker grounds, damaging the very reason for the “We were in crisis mode, no doubt,” rooms, he accepted a position in phar- garden’s existence. said Gary Wunderlich, founder of Wun- maceutical sales and gained a reputation He looked immediately to the assets A visitor walking the winding, sun- derlich Securities and Memphis Bo- for turning things around under adverse the gardens had, what was controllable, dappled paths of Memphis Botanic Gar- tanic Garden board president at the time. circumstances. He was just what the and began capitalizing on the earned den past stands of maple trees and beds of “There was a vacuum of leadership, (we) demoralized team at the Garden needed: income component with an eye toward hydrangeas might never guess that there had very talented people who probably a combination business manager and making the operation self-sustainable was a time when a black cloud hung low weren’t as well organized and they really coach. and not having to go to the community over the East Memphis attraction. needed a leader.” Wunderlich said that, in Duncan, the with hat in hand. “It was difficult, with the The area was established as the Ket- The search committee enlisted the search committee found “the guy who we garden’s status being what it was then, to chum Memorial Iris Garden in 1953. The help of Allie and Barbara Prescott to “fig- thought could inspire the talented people ask people for money simply because, as Memphis City Council officially desig- ure out a plan and really define what type that were already there, more of a sales we said, we really hadn’t earned the right nated its 96 acres on the eastern edge of person we needed to lead the organiza- and management background to organize at that time to ask for donations,” Duncan of Audubon Park as Memphis Botanic tion,” Wunderlich said. the organization, if you will, motivate the said. Garden in 1966. It was a time that saw a It was an extensive search process people that were there.” With a quick glance at the shelves land rush of sorts when federal money in with hundreds of resumes submitted, and Duncan himself remembers it as a in Duncan’s office, a visitor will find no the 1960s and 1970s made possible the ac- a dozen candidates interviewed individu- time of frustration, a “vicious circle” with books on botany yet plenty on finance quisition and development of more than ally until it came down to just two people. cost-cutting measures having been put and economics. He and his staff began 2,500 acres for 50 parks in the city. One had a green thumb with horticulture into place in the form of staff layoffs and running the garden as a business, devel- By 2004, reliance on low revenue- background credentials as a gardener. The eradicated programs. The garden was oping a revenue sheet – still in use today generating attractions and events, and other was Jim Duncan. $600,000 in debt with a staff of only 19, – where every department is listed with dwindling city resources, had put the Duncan grew up in Itta Bena, Miss., and a total membership count of 809 each year’s revenue compared to the pre- garden in an arrested state of develop- graduated from nearby University of Mis- families. There was no money for expan- vious year. The expectation is to increase www.thememphisnews.com October 18-24, 2013 17

income by department year in stage for the Live at the Garden revenue generating organization red bridge. got there; very good people,” and year out. concert series. The $6 million ensuring its self-sustainability In 2004, the board was wor- Wunderlich said. “There is such a thing as capital campaign is being led by for years to come and allow the ried for the very life of the garden Duncan has called on those profit in a nonprofit,” he said. Stacie and David Waddell. Half- development of more attrac- as it limped along, dependent people to step up and they have “The difference is that, instead way into the yearlong campaign, tions, more events and more upon city money and the rela- done so, a passion reignited of in corporate America, where the amount pledged so far is just gardens. tively scant number of member- for the garden that has spilled the profit is distributed among more than $3 million. This November will see the ships. No more, said Duncan, over into the community, the the stockholders, here, any profit “The message has resonated, completion of the latest ad- who gives much of the credit volunteer base, educators and that was made was sunk back there’s been a lot of participa- dition. The Asian Garden is to his devoted and enthusiastic donors. With a fervor previously into the garden in order to make tion,” said David Waddell, prin- an expansion of the existing team. unknown to the garden, Duncan our place better.” cipal of Waddell & Associates. Japanese Maple Grove donated Others also are quick to has brought a single-minded, A profit and loss statement “We’ve got some big opportuni- 30 years ago by Plato Touliatos credit the garden’s staff for the business approach to the non- is run for every event, no matter ties still before us. The reaction in honor of his parents, Dan and turnaround. profit that has seen it blossom the size – from Live at the Gar- to the capital campaign has been Erasmia. Highlighting plants “It’s really been a testament to a new potential in less than a den, the seasonal outdoor con- very, very, very positive, espe- and trees from China, Korea, to the quality of his leadership decade. cert series and the operation’s cially if you compare it against Japan, Taiwan and the Southern and, I think, empowering the “The first step in achieving largest event seeing 6,000 guests other capital campaigns where Himalayas, the Asian Garden people that were there because, results is the fact that you’ve got per show, to weekly wine tastings the marketplace message kind of will round out the flora found if you look, a lot of the people to believe the results that you’re to each individual wedding. fell flat.” in the Maple Grove and nearby that were there then are still trying to achieve, that they’re It is this attention to detail The eagerness to help and Japanese Garden, with its iconic there, and were there before Jim important,” he said. and the bottom line that helped see the dream become a to bring about a change, to see reality is, in part, due that black cloud of despair that to the mission of hung over the board and the em- the garden itself: ployees’ heads begin to dissipate. to act as a com- For more information on Memphis Botanic With brighter skies came the munity resource people. Membership tripled to and enhance Garden and to see events commemorating the 60th 2,617 families by 2009, and 3,340 lives by connect- the following year. There are ing people with anniversary, visit www.memphisbotanicgarden.com close to 3,600 member families their environment. now and an operating budget of With attendance $5 million. last year hitting 230,000, At the outset, Duncan’s team the more significant number developed a five-year-plan. may be that of schoolchildren Among the items that saw the – 36,000 per year – that attend, light of day was the development whether with school groups or Breig) J. A ndrew of specialty gardens such as the family. Hosta Trail, one of 15 such trails “My Big Backyard has been certified in the country, a more fantastic, membership’s been (Memphis News/ active membership program, fantastic, what really resonates and the garden was designated with donors that they’re not as a Level IV . aware of is how many inner- Included in that first five-year city children rotate through the plan, yet unrealized until the garden,” Waddell said. “So it’s not start of the second, was the goal just sort of this ‘East Memphis’ to develop a “major attraction,” garden that’s frequented by those Duncan said. “We didn’t know with means – it really is a com- what that was when we put the munity asset.” plan together, but we knew we By enhancing the garden had to create something that had and the attractions such as the the wow effect.” permanent stage, donors are Based upon the increased ensuring, not just that concerts membership and black-ink will go on, but, Waddell said, financials, the garden had earned “what they’re contributing to is the right to ask for donations. the perpetuation of the garden, It recruited nonprofit consul- to all the programming, to the tant and strategist Kim Gaskill outreach that the garden does. to lead a $5.3 million capital Jim’s been just as dedicated to campaign for that coveted major making the garden an integral attraction. When the 2.25-acre part of the community for ev- garden specifically designed and erybody as he’s been to making built with children in mind was good financial decisions with the opened in 2009, My Big Back- Live series.” yard, “was a huge impact on the The cost prohibitive nature operation,” Duncan said, and it of erecting and breaking down accounted for much of the jump a stage per event has kept the in memberships that year and garden from hosting other con- since. It was the “wow effect” that certs and live shows that would he and his team had dreamed of. then operate at a loss on the Memphis Botanic Garden much-revered P&L statement. A was begun 60 years ago when permanent stage will allow for Mrs. Morgan Ketchum donated children’s theater, smaller musi- 2,500 iris rhizomes to the city of cal acts, the symphony and ballet Memphis, which planted them to use the natural surrounding of in the newly developed Audubon the garden. Park. If a visitor were to stand Duncan doesn’t downplay in that original iris garden and the importance of the garden’s look south, it would be to a vast friends over the years, and he field of grass. On the other side of readily points to improvements that field, against a backdrop of financed by Helen and Jabie trees, is where the next phase of Hardin, and the Goldsmith fam- building will take the garden into ily. But the capital campaign and the future. stage will move the garden for- Culled from the first five-year ward from the donation-based Sean Stracener looks for bugs at the Memphis Botanic Garden's pond ecology class. plan was the idea of a permanent operation it was in 2004, to a 18 October 18-24, 2013 www.thememphisnews.com

Restaurant Industry Downtown Dining Annual restaurant week adds lunch to mix

This year, for the first time, participating restaurants will be adding a lunch menu for Downtown Dining Week, Nov. 17-23

a lunch menu for Downtown www.downtowndiningweek. Dining Week, and the set prices com, will include the menus each for the lunch and dinner menus restaurant prepares. for the week are $10.13 and Seamus Loftus, managing $20.13, respectively. partner of The Brass Door, said “We had a lot of restaurants the initiative’s week-long push to who said they couldn’t participate shine a spotlight on restaurants before because they’re lunch only, like his – which is participating so they requested that we add in the initiative – helps restau- the lunch aspect to it,” said Leslie rants score some much-appreci- Gower, vice president of market- ated visibility. ing and communications for the “A lot of people from out East Downtown Memphis Commis- will visit Downtown that week, sion. “You’ll be able to now get and it’s a good chance to get on special lunches for $10.13, and their radar,” Loftus said. “And A number of Downtown restaurants, including the Brass Door on Madison Avenue, will participate in the fourth Downtown Din- those will likely include some even customers who are Down- ing Week held next month. (Memphis News/Andrew J. Breig) two-for-one options.” town, this is a chance to get them There will be special menus to take a new look at you. So it’s at participating restaurants, and exciting for us to be part of it, and Andy Meek broadcasts, some of them are Commission will host a drive to not all of them will offer both because it’s a set price people [email protected] can’t-miss spots for tourists and get diners to pick at least one of meals. Some of them will offer know what they’re getting. It the South Main neighborhood them and pull up a chair. Downtown Dining Week par- works out well for everybody.” alone has more than 20 of them. The fourth annual Downtown ticipants just lunch, others just The initiative was born out of hey’re one of the most dis- They’re the eateries that make Dining Week will be celebrated dinner. For anyone who wants to a chat at the Downtown Farmers tinctive features of Down- up Downtown’s restaurant com- Nov. 17 through Nov. 23. This know before venturing out to one Market between The Majestic T town Memphis. They’ve munity, and for one week next year, for the first time, participat- of the eateries, Gower said the Grille co-owners and Felicia Wil- been the subject of national TV month the Downtown Memphis ing restaurants will be adding Downtown Dining Week website, lett of Felicia Suzanne’s.

Quarterly Report: Foreclosures Foreclosures Drop 10 Percent in Quarter

Andy Meek quarter of this year, when the number of foreclosures are put on a moratorium in [email protected] foreclosures was down 10.6 percent over December and part of January. With not as Foreclosures Numbers the second quarter of 2012. many foreclosures on the market, inven- An even bigger drop is evident in the tory is lower and prices are slowly rising.” Third quarter foreclosures egina Hubbard has clients regu- filing of foreclosure notices, which lend- Commercial foreclosures followed the 2013: 865 larly calling her asking about the ers are required to publish in Tennessee pattern in the residential market. In the 2012: 959 R availability of what she describes as in a newspaper of general circulation third quarter, commercial foreclosures “deal of a lifetime” foreclosure buys. before a foreclosure sale. Those notices were down compared to the same quarter ZIP codes with most foreclosures The clients who call with those homes offer an early look at the trend, and in the in 2012 – falling to 22 from 27. in the third quarter in mind tend to want them in otherwise third quarter, the number of notices fell In another indication of the broad 38109 (Westwood) 59 out-of-reach neighborhoods such as Col- by 26.1 percent. nature of change in local foreclosure 38127 (Frayser) 56 lierville and Germantown. Foreclosure notices totaled 1,432 in the activity, even some of the inner-city 38128 (Raleigh) 56 “But they can’t get those deals any- third quarter, down from 1,938 in the third neighborhoods that tend to be hotbeds of 38141 (Hickory Hill South) 53 more,” said Hubbard, 2013 president of quarter of 2012. foreclosure from one quarter to the next 38018 (Cordova South) 50 the Memphis Area Association of Realtors. A drop that precipitous may not line saw drops in the third quarter. The area “Those foreclosures are gone. Foreclo- up exactly with the foreclosure pattern of covered by Raleigh’s 38128 ZIP code, for Source: Chandler Reports, www.chandlerreports.com sures have been down, decreasing every the near future, because the notice gives example, saw 56 residential foreclosures month for a while now, and I think you can borrowers time to cure the delinquency in the third quarter, down from 66 in the really see there’s a difference now from the on their loan in order to save their home third quarter of 2012. to foreclosure sunk to a seven-year low in way it used to be.” before the foreclosure sale. Still, the no- Likewise, Frayser’s 38127 ZIP code also the third quarter, according to figures from Indeed, the numbers bear that out. In tices are another indicator to watch – and saw 56 foreclosures in the third quarter, RealtyTrac cited by the Associated Press. Shelby County, there were 865 residential collectively those indicators point to broad down from 64 in the third quarter of 2012. At the same time, it’s taking longer in foreclosures in the third quarter of this improvement in foreclosure activity in the Westwood’s 38109 ZIP led the county in some states for homes to finish moving year, according to real estate information Memphis area. foreclosures last quarter with 59. through the foreclosure process. Realty- company Chandler Reports, www.chan- Mindy Creech, an agent at RE/MAX on Year to date, residential foreclosures Trac figures show that it took an average of dlerreports.com. That’s down from 959 Track, agreed that she’s seeing foreclosure numbered 2,829, down 13 percent from 1.5 years for a home to move from default residential foreclosures during the same activity drop off slowly. 3,266 for the same period in 2012. to being repossessed. period in 2012 – a drop of 10 percent. “They’re still coming in, but at a much The same foreclosure patterns in Mem- That’s roughly in line with the drop slower pace,” she said. “We are also com- phis are visible throughout the country. Chandler Reports is a division of The evident in the local market in the second ing into the holiday season, and a lot of the The number of homes in the U.S. headed Daily News Publishing Co. Inc. www.thememphisnews.com October 18-24, 2013 19

Health Care & Biotech law & the courts Local Health Care Changes Jurex Center Teaches Nurses Limited So Far, Doctors Say To Use Skills In Courtrooms Bill Dries expansion since initially turn- companies who in the past Among his clients now [email protected] ing it down. did not allocate 80 percent of is Methodist Healthcare, So health care exchanges the premiums paid them to where he has seen a different Erinn Figg he Oct. 1 start of enroll- – whether federal or state – health care costs. approach that is playing out Special to The Memphis News ment in health care apply to those who are at least “Really this has been an nationally, in which hospitals T exchanges may be the 138 percent above the federal insurance overhaul, not a are moving away from places most visible part of the Afford- poverty index. health care overhaul,” he said. where the focus is on the num- emphis attorney Elizabeth able Care Act so far. “If you’re a single indi- “Most of the changes, most ber of beds. Rudolph wants to help But changes to insurance vidual and you make less of the provisions, focused on “They’ve got this notion M nurses all over the country and health care nationally than $16,000 a year, or you insurance coverage.” of a hospital without walls,” broaden their financial horizons. already are about something are a family of four and your Morris says the far bigger Thomas said of Methodist. With 22 years of experience practic- other than lowering health income is less than $32,000 a change to Memphis’ health “We’re no longer talking about ing health care law, as well as bachelor’s care costs or widening access year, when you go to the ex- care landscape so far is hospi- bricks and mortar. We are talk- and master’s degrees in nursing from to health care and health changes and you pop in your tals buying physician practic- ing about a system.” Vanderbilt University, Rudolph now insurance coverage. data, what will come back is es. He said few patients realize In some way though, Mor- combines those two fields to teach “I think for most people, that you will get nothing. The that shift is underway and that ris said, it is a system that is nurses to become expert witnesses and they assumed that this was poorest people get nothing,” it might mean their health care frustrating to patients, includ- consultants in legal cases. all about providing care for Morris said. “The assumption plan no longer allows them to ing an exception he saw re- “I wanted to help educate and train the poor,” said Church Health was absolutely that every state see their current doctor. cently at Church Health Cen- nurses to use the skills they already Center founder Dr. Scott Mor- would expand Medicaid. … So “Who does your doctor have in other areas,” Rudolph said. “My ris on the WKNO-TV show if you are working in a near- work for now? Your doctor experience as a nurse and an attorney “Behind The Headlines.” minimum-wage job, you’re used to be an independent and the many cases I’ve handled helps “What I think people will find going to have to pay full bore, contractor,” Morris said. drive my passion to prepare nurses for jaw-droppingly unbelievable same as you would today, for “Within two or three years, what they can encounter.” is that at the Church Health health insurance. And they 80 percent of all the doctors In 2006, Rudolph founded the Jurex Center, which sees effectively just can’t afford it.” in Memphis will work for one Center for Legal Nurse Consulting, a 100 percent of our patients Dr. Richard Thomas, a of the hospitals. They will be MORRIS company that teaches nurses how to working and uninsured, 80 to consultant to several local employed physicians. … It’s transition their skills in reviewing and 90 percent of our patients it hospitals, estimated 25,000 to about insurance. It’s about analyzing medical records to a legal will have no impact on what- 30,000 Memphians without the formula that will soon en- arena, assisting with medical cases or soever.” health insurance could be deavor to take up how doctors claims. That’s because so far, covered through the exchange. and hospitals will be paid.” Once participants complete Jurex’s the impact is on health care And he added that if the Thomas said the idea of two-day, $1,299 course – available in exchanges and doesn’t involve state had taken the Medicaid hospitals buying medical prac- audio, video, online and live classroom a Medicaid expansion. expansion, the uninsured with tices has been tried before. THOMAS formats – they become Jurex-certified Tennessee Gov. Bill access could have increased by “Hospitals didn’t under- Professional Legal Nurse Consultants Haslam initially said no to another 80,000. stand the process of running ter – a woman with an income (PLNC). According to Rudolph, they the expansion, which would Thomas said the Afford- physician practices, despite level that probably qualified are then equipped to develop their own be funded fully by the federal able Care Act has made some the fact that they do employ her for coverage in the federal full-time practices or supplement an government for the first three difference with adult children certain types of physicians. health care exchange. existing nursing job with consulting years and then be 90 percent remaining on their parents’ Running outpatient care is “I tried to sell this, saying, work for law firms, insurance agencies, federally funded for three insurance and payments of a lot different from running ‘I think you won the lottery hospitals or other health care busi- years after that. Haslam has several hundred dollars each inpatient care,” he said of the in some ways. This is a great nesses. been negotiating terms for an to consumers from insurance previous efforts. thing for you,’” he recalled. “This course is designed to give nurses more choices and the tools they need to exercise those choices,” Rudolph said. This weekend (Oct. 19-20), she’ll be law & the courts teaching a course from 8 a.m. to 5:30 p.m. at the Hampton Inn & Suites on Shady Grove Road in Memphis. Partici- pants can register on the Jurex website 19th Century Club Case Shifts to Fundraising (jurexnurse.com), by phone at 496-5447 or at the door. In addition to the basics of legal pponents of the still-pending ervation of Memphis’ history.” his investors buying the property from nurse consulting, the Jurex course demolition of the Midtown man- In a September ruling, Evans upheld Union Group at a higher price than Union also covers report writing, marketing, O sion known as the Nineteenth the building’s sale by the club and its Group paid. research and testifying skills. Upon Century Club are in the fundraising mode. planned demolition. But he stayed the ef- “His investors have decided not to put course completion, participants also They have until Nov. 1 at 10 a.m. to fect of the ruling – essentially the demoli- that money forward,” Mulroy told Evans receive a listing in Jurex’s expert direc- raise $50,000, the additional court bond tion – pending an appeal, which turned Wednesday. tory, which attorneys across the nation Shelby County Chancellor Walter Ev- into a counter offer to buy the property Mulroy also argued against the plain- can access for a single-search fee of ans ordered Wednesday, Oct. 16, to stay and preserve the house. tiffs being liable for any damages saying $595 or through an unlimited yearly demolition as his September ruling that The latest ruling came at the end of another sale of the property to a buyer subscription for $995. demolition can proceed is appealed. a hearing in which those seeking to stop who would preserve the mansion could Rudolph said one reason she cre- “We’ll try. We’ll do our best. We didn’t plans for demolition acknowledged their make up any money lost by Union Group ated her professional legal nurse con- think we had the ability to raise the first plans for a Nashville businessman to buy or the Children’s Museum of Memphis. sultants program was because other $50,000,” said attorney and Shelby County the house and restore it as a restaurant “We’ve heard that before,” Evans com- options for nurses who wanted to be- Commissioner Steve Mulroy, representing had fallen through. mented. come legal nurse consultants seemed the plaintiffs trying to undo the sale of the Dave Wachtel also missed the Oct. Later, he declined to rule on the issue time-consuming, limited and costly. building by the club to Union Group LLC. 15 deadline to put up $40,000 in earnest of damages saying that was a matter to be Certification through the American “But people from all over the community money to solidify the tentative settlement decided after the appeals have run their Association of Legal Nurse Consultants stepped up who are interested in the pres- and alternative that involved Wachtel and course. (aalnc.org) is one of those options. 20 October 18-24, 2013 www.thememphisnews.com

Health Care & Biotech Real Estate & Development St. Jude Selects ‘Handle With Care’ Dr. Larry Kun As faces challenges as changes in management loom Clinical Director

Michael Waddell [email protected]

t. Jude Children's Research Hospital has appointed senior S physician and internationally recognized radiation oncologist Dr. Larry Kun as its new clinical director and executive vice president. Kun has served as chair of the St. Jude Department of Radiological Sci- ences and will remain in that position. “It’s a phenomenal opportunity,” said Kun, who has worked at St. Jude for 29 years. “I think I bring an intense understanding and perspective of St. Jude to now being in a position to mobilize people, both faculty and staff, towards identifying areas where we can further improve what we are doing in the context of patient care and the entire clinical operation.” He succeeds Dr. Joseph Laver, who accepted a position at Stony Brook University Hospital in New York.

In his new role, Kun will oversee (Memphis News File/Lance Murphey) all aspects of patient care at St. Jude, Local real estate experts believe interest in managing and developing Beale Street could be high, even though there which treats approximately 7,800 are distinct challenges that would come with it. patients per year. Responsibilities will include developing patient care poli- cies, managing physicians (includ- ing consulting physicians and other Amos Maki broad array of food and merchandise, pany has worked on major development clinical staff), as well as planning and [email protected] making the venerable street attractive to a projects in Houston, Charleston, S.C., and managing clinical space and systems. wide range of visitors. Patrons can dine on Salt Lake City. Kun is one of a very small group of everything from pizza to barbecue to Ca- The emails also mentioned the financ- doctors in the world that has focused nce the settlement of a lawsuit jun and hear a wide range of music, from ing firm Guggenheim Partners, former exclusively throughout his career on over control of Beale Street the traditional blues that helped make the Beale Street Merchants Association direc- pediatric radiation oncology. O is complete, the administra- street famous to the more modern dance tor Onzie Horne, former Memphis Music “My major areas of interest over tion of Memphis Mayor A C Wharton music played at Club 152. Commission head Rey Flemings and Paul the time that I have been at St. Jude Jr. plans on issuing requests for firms to “It can be marketed as a mix of clubs Harless, Justin Timberlake’s stepfather. have been in childhood brain tumors manage and develop the thriving enter- and restaurants, and in the middle of that In the emails, Cordish employees and and advancing our understanding and tainment district. there is some variation, so it’s not just Flemings were looking for detailed infor- treatment of childhood brain tumors, Local real estate experts believe one blues bar after another,” said Danny mation on Beale Street operations and exploring some of the functional interest in managing and developing Buring, partner at The Shopping Center discussing about scheduling a meeting changes that occur in children in the “Home of the Blues” could be high, Group LLC. “I think it’s going to be an with Lipscomb. their mental, physical and hormonal but maintaining and growing the fa- interesting opportunity.” “How much of the information below capacities, etc., that follow the types mous Downtown entertainment district Big-time development firms and can you get us and how soon can we of brain tumors they have had and the poses challenges. stars from the entertainment world have get it?” Flemings wrote to Horne in an types of treatment that have been re- The famous artery, recently named previously shown an interest in being a email, which included a forwarded email quired," said Kun, who has more than America’s favorite iconic street by USA part of Beale Street. In 2009, as the city from Chase Martin of Cordish asking for 35 years of academic and patient care Today, could prove enticing to real estate ramped up a legal fight against Performa detailed information about Beale Street experi- firms because of its eclectic mix of restau- Entertainment Real Estate, the company leases, profits and rents. ence. rants and shops and the street’s already that originally developed and managed Lipscomb said he was never involved His well-established brand. Beale Street, over control of the area, a in discussions about Beale Street. Rather, goal is to “It’s one of the most famous streets in well-known national real estate company he had been talking with Flemings and optimize America and one with more potential to was expressing interest in running the Timberlake’s representatives about getting radiation realize than we’ve done in the past,” said entertainment district. the pop superstar and Millington native to KUN therapy Kemp Conrad, a principal with commer- At the time, city Housing and Com- invest in Downtown. for all cial real estate firm Commercial Advisors/ munity Development director Robert In another email, Barry Klarberg of types of cancers in children and Cushman & Wakefield and a Memphis Lipscomb appeared to be in discussions Guggenheim asks Flemings and Martin adolescents, but he maintains a focus City Council member. “It’s about how with Baltimore-based The Cordish Cos., for more information about Performa on brain tumors, which make up 20 we can take what is there and take it to one of the country’s most well-known and its leases. percent of all childhood cancers. the next level. It’s an opportunity that urban redevelopment firms, according to “Have we been able to get any more Areas of emphasis right now are companies would find very, very, very a series of emails. information on the nature of the relation- the ability of the hospital to deliver interesting.” Cordish played a prominent role in ship between the city and the Performa?” high care for high acuity patients, the The area features more than two the redevelopment of Baltimore’s Inner structure and effectiveness of some of dozen restaurants and shops offering a Harbor. In addition to Baltimore, the com- beale continued on P27 the academic departments, and the availability of clinical data. “St. Jude also has six regional affili- Wharton to issue requests for firms to manage, develop entertainment district st. jude continued on P27 www.thememphisnews.com October 18-24, 2013 21

Newsmakers Government Blume Named to Tennessee Shelby County Schools to Apply Real Estate Commission For Head Start Kate Simone [email protected] Funding

Gary Blume, a veteran agent with RE/MAX Real Shelby County Schools and Estate Experts, has been appointed by Gov. Bill Porter-Leath both will apply for Haslam to a five-year term on the Tennessee Real Estate Commission. Blume is a past president of $23 million in federal funding MAAR and has served twice as president of the Tennessee Real Estate Educational Foundation. Bill Dries [email protected]

larger Head Start program run by the Hometown: Bartlett Church of Christ. Shelby County Schools system would have a much smaller front office than Education: Bachelor of Science, Da- What talent do you wish A the one through which Shelby County govern- vid Lipscomb University/University you had? Playing the ment administers the $23 million program. of Tennessee piano. And it would align the early childhood cur- riculum in Head Start centers with the curricu- Family: Wife, Marie – we will have Who has had the great- lum used when those children start kindergar- est influence on you and been married 51 years in Novem- ten in the Shelby County Schools system. ber; son, Kevin Blume, and his wife, why? My mother – she Schools superintendent Dorsey Hopson Benay – six children; and daughter, taught me unconditional told school board members Monday, Oct. 14, Melissa Thompson, and husband love, and my father, who he and his staff will apply for the federal fund- BLUME Gary – five children. showed me that “coin ing by the Oct. 22 deadline. of love” was time, not “He envisions that the district would need Favorite quote: “Only do what only money. approximately four additional employees that you can do.” – Andy Stanley would work for the district,” said school board How long have you worked with chairman Kevin Woods. “Unlike the Shelby Favorite movie: “Hoosiers” RE/MAX and what attracted you What do you consider your great- County government system, which had ap- to the company? Twenty-eight est accomplishment? Being presi- proximately 500 employees operating its pro- The sports team(s) you root for: years. I was impressed by the world- dent of the Memphis Area Associa- gram, we would contract with early childhood University of Tennessee Vols, Mem- wide name recognition of RE/MAX tion of Realtors. providers to run those centers.” phis Grizzlies and Memphis Tigers and the company’s independent Shelby County Mayor Mark Luttrell said business arrangement. What do you most enjoy about Monday that Porter-Leath, a Memphis-based What’s playing on your stereo your work? I enjoy the opportunity children’s and family services provider, will also right now? “I Won’t Let Go” by Ras- What is the purpose and goals of to people with one of the big- make a bid for the Head Start contract now cal Flatts and “Redeemed” by Big the Tennessee Real Estate Com- gest financial decisions most of operated by county government. Daddy Weave mission board? The TREC board them will make. Luttrell also said Monday he could fore- provides direction for real estate ac- see backing both applications once they are Activities you enjoy outside tivities of licensees in the state and If you could give one piece of ad- completed and he reviews them on their way of work: Racquetball, golf, walk- protects the public from improper vice to young people, what would to the U.S. Department of Health and Human ing. I am an elder at the Highland real estate practices. it be? Find work that you truly enjoy. Services. “I could see myself giving both of them sup- port,” Luttrell said. “What I’m hoping we will have is two very superb applications. It would John A. Varriano, chair of Realty, associate director. Award, which recognizes ad- has joined Pickering as ad- go to one entity – one contractor – and then the physics and natural sci- vocates who have defended ministrative assistant. She that one contractor would sub it out essentially ence department at Chris- Pascal Bedrossian, professor the rights of individuals with graduated from the Univer- to delegate agencies, which is what we do. It’s tian Brothers University, has and chair of the mathemat- disabilities and have worked sity of Memphis with a bach- what most Head Start operations do.” been named the school’s ics and computer science toward shifting the public’s elor’s degree in English. Shelby County government administers 2013 Outstanding Academic department at Christian perception. The Jameses Head Start through several delegate agencies, Advisor of the Year. Jeffrey Brothers University, has have a daughter in a SRVS David Pickler has been including Shelby County Schools and Porter- Sable, assistant professor of been awarded the 2013 home and Frances James awarded the Academy of Leath. And if Porter-Leath didn’t get the federal behavior science, has been Distinguished Lasallian is a longtime SRVS board Education Arts & Sciences’ funding, it could conceivably be a subcontrac- named CBU’s 2013 Out- Educator Award, which member. 2013 Bammy Award for pub- standing New Academic Ad- honors an individual who lic education advocacy and tor to a Shelby County Schools-administered visor of the Year, which hon- exemplifiesL asallian values Drew Yonchak has joined governance. Pickler is a Shel- program. ors an individual with fewer in education. the Memphis office of by County Schools board Luttrell said last month that he wants to see than five years’ experience Baker, Donelson, Bearman, member and president of the the federal funding go to someone who has the as an adviser. Dr. Emily Jones has joined Caldwell & Berkowitz PC. National School Boards As- ability to expand the early childhood develop- UT Medical Group’s depart- Yonchak is an associate in sociation. ment program beyond what county govern- The Memphis Area As- ment of dermatology and the firm’s securities and cor- ment has been able to do in the last decade. sociation of Realtors has been named an assistant porate governance group, in Baker, Donelson, Bearman, “Porter-Leath has indicated they want to elected its 2014-2015 board professor at the University which he represents com- Caldwell & Berkowitz PC put more money into the program, and that of directors: Lynn Pfund of of Tennessee Health Sci- panies across a wide range has been ranked sixth in the Keller Williams, 2014 direc- ence Center. Jones received of industries. nation in Corporate Coun- money can go for expansion or improving tor/2015 vice president; her medical degree and sel’s annual “Who Repre- buildings or an expansion of seats in class- Frank Dyer III of Loeb completed her dermatology Marvin Brown Jr. has joined sents America’s Biggest Com- rooms. You can expand in two or three different Realty Group LLC, Tom- residency at UT Health Sci- Pickering Firm Inc.’s Mem- panies” survey. The results ways,” Luttrell said. “What I’m hoping, though, mie Criswell of Crye-Leike ence Center. phis office as a civil engineer were compiled by surveying is that some entity other than county govern- Realtors and Thomas Byrd intern. Brown received his legal departments in Fortune ment that has the potential to put more money of ERA Legacy Realty, 2014- Tom and Frances James bachelor’s degree in civil 500 companies to identify into it would do that.” 2015 directors; and Myra have been awarded the Arc engineering from Clemson the law firms most widely Hopson said the school system's goal is to McCaskill of Keller Williams of the Mid-South’s Advocacy University. Jennifer Stanek used by those companies. contract with Head Start providers. 22 October 18-24, 2013 www.thememphisnews.com

Architecture and Design MBI Sees Little Change Under New Owner

Stacey Wiedower Special to The Memphis News

Even before that addition, Among those issues is “real MBI has worked to be a one-stop estate compression,” Bingham shop for its clientele, said vice said – in other words, shrinking Memphis Business Interiors recently announced it has a new president of sales and design Mi- square footage. owner and CEO, Rhonda Bradley, who also is president and chelle Bingham. Already the firm “People are getting the fact co-owner of Today’s Office in Little Rock. Not much should offices services including design, that they can begin to utilize consulting, space planning, fur- their space differently,” she said. change at the 18-year-old office design firm – except growth. niture, lighting, technology, ac- “We’re seeing them recognize cessories, installation, inventory that space is one of their most storage and move management. expensive expenditures, and “I think oftentimes people they’re out there making better want to pigeonhole us as ‘the deals with landlords and reduc- ith a new owner in through the International Move who do the commercial move. people who sell furniture,’” ing the amount of space they’re place, Memphis Busi- Institute. Bradley said MBI is We can do furniture moves but Bingham said. “While certainly using. We’re coming in and show- W ness Interiors (MBI) ramping up now to add the same also box moves – that helps us we do that, it goes well beyond ing them how they can do that.” anticipates little change to its service. control the timing of projects.” that. We have a staff of design- MBI’s designers, Bingham operations – but it does expect to “(Today’s Office) is the only With the new service, MBI ers who have all graduated with said, study clients’ work styles grow. New owner Rhonda Bradley commercial moving company will be able to control service a design degree and have many to determine how to make their said the only changes she has in in the state of Arkansas with that level “from beginning to end,” other certifications to go along spaces best fit their needs. sight for the 18-year-old office certification,” she said. “Our Bradley said, adding that the with that. Those folks, as well “Our project managers get design firm are “adding new areas, employees are trained. We have company hopes to release a as the sales consultants, really involved and go beyond just strengthening service in areas we an installer who installs furniture date for addition of the moving help with issues surrounding the managing the installation of cover currently and growing in and we have specialized movers service by early spring. process.” work stations,” Bingham said. training and development of cur- rent employees.” Examples of new service areas could include commercial moving Health Care & Biotech services, flooring solutions and more. As president and co-owner of Little Rock-based Today’s Of- fice, Bradley has worked hand in Brokers Capitalize on Health hand with MBI for years. In their respective markets, the two firms serve basically the same role. So Marketplace Problems when Bradley learned MBI was seeking a buyer, she saw the pur- chase as a reasonable next step to Michael Waddell be very beneficial, and we’ve been very stead of on the exchange because the costs expand her company’s portfolio. [email protected] pleased to see an uptick in business.” are regulated by the state. Costs will be the “We’re exactly the same size, Group Benefits writes some individual same whether they do it themselves or go we have the same number of policies, but more than 90 percent of its through us.” employees and we’re in the same roup Benefits LLC is growing its activity comes from group plans – includ- Group Benefits will help business own- markets,” said Bradley, who’s been business by helping local business- ing medical, life, dental and disability – for ers determine if they are eligible to use the with the Little Rock firm for 23 G es evaluate group health options on businesses of all sizes. exchange or qualify for the ACA small- years. “Both are great companies and off the new health insurance exchange Finnell compares the marketplace to a business health care tax credits, and they with very tenured employees and and comply with the Affordable Care Act. vending machine that is filled with perfectly will advise owners if they should consider just strong character. Both have “Noth- fine products, yet the machine is broken. off-exchange options as well. been in our markets and been ing has run “The SHOP exchange is not expected Finnell cites one client that has 25 em- very successful for years.” smoothly so by anyone to have much activity and gain ployees with a lot of medical issues. MBI, a full-service workspace far,” said Timo- much traction. It does not serve a signifi- “We are expecting a 20 percent to 25 design firm, was founded in 1995 thy J. Finnell, cant purpose, other than the one exception percent decrease for them, because with by the late Scott Messmore. Joan president and of the ability of a business to obtain a fed- groups of 50 employees or less, they will not Messmore, his widow, took over founder of eral tax credit. However, a very, very small be able to ask medical questions (about pri- leadership of the company when FINNELL Group Benefits percentage of businesses qualify, based on or history),” he said. “But overall, everyone Messmore died in 2009. Like To- and a certified employee income and payroll factors,” said is going to pay more because we have to day’s Office, MBI serves clients in health care reform specialist. Finnell, who was certified by the National subsidize the people that are lower income the health care, corporate, higher “It’s basically just not working. The Association of Health Underwriters as a and pay a significant burden for them.” education, small business and SHOP marketplace is not up at all, and health care reform specialist in January. Another issue is that fewer than 20 government fields, among others. many people have not been able to get To be eligible for the small-business “navigators” have been allocated for the The two companies’ employees through on the individual exchange. health care tax credit, businesses are state of Tennessee and Shelby County to attend the same meetings and “The online technology is the main required to have fewer than 25 full-time help individuals and groups sign up for new training sessions and work with issue.” equivalent employees making an average coverage. the same suppliers, including fur- He feels that obtaining health insurance of $50,000 a year or less. Employers also “The grant money seemed to be dispro- niture manufacturer Steelcase Inc. can be confusing for most people. are required to pay at least 50 percent of portionately allocated to states that were “We’ve been very good re- “There are now more than 25,000 pages employee premiums. running their own exchange, because the gional partners over the years,” of the law, rules and (regulations), measur- Thus far, only one of the 70 businesses federal government wants states to run Bradley said. “When we were ing more than 8 feet tall. The idea that this with which Group Benefits works actually their own exchange. So the states that did benchmarking or looking at mak- new system is going to be simple and easy qualifies for the credit. got more money,” Finnell said. ing changes, MBI was always the to understand, I think, is very misleading, Finnell stressed that groups will pay the Group Benefits formed six years ago company we would call. We’ve so I think the role of the broker is actually same price whether they buy insurance on and is a franchise of NFP division Benefits had a great partnership over the going to be increased going forward” said the exchange or through a broker. Partners, one of the largest broker organiza- years, so I think this was a very Finnell, who has worked in the insurance “I don’t know why anyone would shop tions in the country. natural fit.” industry since 1978. on the marketplace, other than the tax It is currently adding staff to accommo- In 2005, Today’s Office became “The advice of a credentialed, experi- credit,” he said. “We expect most businesses date its increased business. Revenue is up certified as a commercial mover enced person with national resources can to continue to shop through brokers in- 25 percent this year. www.thememphisnews.com October 18-24, 2013 23

Memphis standout Diverse Corporate Experience Leads Crosby to Form PeopleCap

A principal with the boutique human 40 undergraduates a year to about 200. During that period, she married Scott resources firm PeopleCap, Crosby left her In 1999, Crosby was approached by a Crosby, an attorney with Burch, Porter & hometown of Memphis for college at the friend in Los Angeles about heading up the Johnson PLLC, and moved back to Mem- University of Richmond for a double major human resources department for a 40-em- phis while continuing to telecommute, in- in English and interpersonal communica- ployee startup. cluding a lot of travel, for Google. In 2008, tions. Her pragmatic father insisted on “It was a time in my life where I just son Tom was born, and she left Google throwing some business courses into the thought, ‘Why not?’” she said. “I had this with the intent of taking a hiatus from her mix. overwhelming sense that technology was career for a couple of years. “My dad felt it was quite important for going to be the hallmark of our generation, It may have been two of the busi- me to take some accounting and finance and I really was excited to be a part of it est years of her life. She and Scott were and econ, so by the time I took his required and to figure out what was going on out recruited as co-chair for the final stages of classes I had a minor,” she said. there.” the campaign push to build The Salva- After graduation, she returned home In 2003, that startup was bought by tion Army’s Kroc Center. The couple also to work as the membership and develop- Google, which then had a staff of about opened The Brass Door, the Irish pub ment coordinator for the Memphis Brooks a thousand employees. Crosby was the Downtown at 152 Madison Ave. Museum of Art. first human resources generalist hired in a It was over lunch at the Brass Door CROSBY A longing to live in New York, though, department of 14. that Crosby and partner Andy Nix began found her working for an investment bank “Six years later when I left, the em- discussing what would eventually become there three years later. Working her way ployee population was 25,000, and the HR PeopleCap. Richard J. Alley from planning special events into the hu- department had a thousand people in it.” “We believe that your people strategy Special to The Memphis News man resources department, she eventually “It was awesome,” she says of her time for any organization or company is as ran the undergraduate analyst program, with Google. “It was like being a part of important as your financial strategy … so a two-year program for those on the way history, and it was incredible working with that’s really our goal, to help companies eg Crosby’s career might be to graduate school. She managed the such talented, smart people. I think, if any- think about their people.” summed up as an exercise in program for three years, taking it from a thing, that experience taught me to think For the full article, please visit www. M adaptation. national to a global scope, and from hiring big. … It was a culture of ‘yes.’” memphisdailynews.com.

Quarterly Report: Bankruptcies Bankruptcies Rise 3.4 Percent in Q3

Bill Dries with the highest number of bank- cases accounted for 79 percent of [email protected] ruptcies filed in the third quarter total bankruptcy filings. And the Bankruptcy Numbers include Frayser’s 38127, with 270; third-quarter Chapter 13 filings 3rd Quarter Shelby County Bankruptcies ankruptcies in Shelby Westwood’s 38109, with 264; and were up slightly compared with 3rd quarter 2013 3rd quarter 2012 County were up by about Raleigh’s 38128, with 255. the 2,483 Chapter 13 cases filed B 100, or 3.4 percent, in The 38118 ZIP code, which for the same quarter a year ago – Total 3,280 3,171 the third quarter of 2013 from covers Oakhaven and Parkway a 0.7 percent increase. Chapter 13 2,602 2,483 the third quarter of 2012, with a Village, was fourth, with 245 Chapter 7 bankruptcies – Chapter 7 675 683 continuing consistency among bankruptcies for the quarter. involving the most hard-pressed the top three ZIP codes. The Parkway Village area is debtors, whose assets are liqui- Chapter 11 3 5 A total of 3,280 filings – en- an economically distressed area dated or sold off – stood at 675 By ZIP Code compassing Chapter 7, 11 and 13 that once included the Mall of for the quarter, compared with 3rd quarter 2013 3rd quarter 2012 bankruptcies – were filed in the Memphis and thrived with retail 683 in the third quarter of last 38127 (Frayser) 270 38127 (Frayser) 274 three-month period ended Sept. activity for a time until retailers year. Chapter 7 filings are usually 38128 (Raleigh) 255 38109 (Westwood) 243 30, according to The Daily News – particularly big-box stores – the dominant category in other Online, www.memphisdailynews. continued to move farther east. states. There were three Chapter 38118 (Parkway Village) 245 38128 (Raleigh) 240 com. That compares to 3,171 for The 38118 ZIP code posted 11 reorganizations for the third Source: The Daily News Online, www.memphisdailynews.com the same quarter in 2012. 245 bankruptcies for the quarter, quarter compared to five in 2012. The third-quarter numbers up 15.6 percent from 212 in third Attorney Steven N. Douglass between debtors and creditors For the first nine months of represent an interim period after quarter 2012. It was the big- of the law firm Harris Shelton Ha- who may be reaching their own 2013, bankruptcy filings across the second-quarter bump in fil- gest increase by number among nover Walsh PLLC has seen what terms out of court. all categories in Shelby County ings from holiday season credit Shelby County’s 32 ZIP codes. is normally the lowest category of “The economy has the same totaled 9,475, up 1.6 percent from card debt. The period also comes The Westwood ZIP code bankruptcies drop recently. impact on the commercial the 9,327 at this time last year. before the fourth quarter holiday 38109 showed 264 bankruptcies, “I think the primary reason and the consumer area. In the Frayser’s 38127 ZIP code, season, in which consumers an 8.6 percent gain from a year is that a lot of entities are trying consumer area, we still have the Westwood’s 38109 and Raleigh’s will incur new debt for the same ago and nearly even with what it to do out-of-court workouts,” he unemployment and people living 38128 were the top three areas re- reason. The data in the report was in the third quarter of 2011. said. “The bankruptcy process paycheck to paycheck and sud- spectively for the total number of include only Shelby County ZIP In what is a phenomenon itself can be expensive, and it’s den expenses that cause them to bankruptcy cases over that nine codes, although the U.S. Bank- unique to Tennessee, Chapter 13 just not affordable right now in a file bankruptcy,” Douglass said. months. And each of the three ruptcy Court for the Western bankruptcies – which involve a lot of instances.” “And you still have just marginal ZIP codes showed an increase in District of Tennessee has offices court-ordered debt repayment But Douglass cautioned that businesses out there that are try- filings. The same three ZIP codes in Memphis and Jackson and the plan – remained the dominant is not necessarily a sign that ing to make it and use whatever have been the busiest in terms of court’s jurisdiction covers all of category among Shelby County the worst is over. It also doesn’t resources they have to reorga- bankruptcy filings for the previ- West Tennessee. The ZIP codes filings. The 2,602 Chapter 13 indicate all of the relationship nize.” ous two years as well. 24 October 18-24, 2013 www.thememphisnews.com

Talk to Your memphis Law Talk Parents About Meyers Returns to Roots Their Future

Ray’s Take At Glankler Brown It’s a conversation no one wants to have, however, it’s important to have at least an idea of Richard J. Alley how financially prepared your parents are for their Special to The Memphis News retirement. People are living longer – much longer – and the costs for senior care are soaring. Many older Americans saw a large portion of their nest egg job is to help you – that’s the kind of disappear in the last recession. All these factors lawyer I want to be. I want to, in some explain why the percentage of adult children way, help you through your problem, providing some level of care for their parents has help you avoid a problem; my job is more than tripled in the past 15 years, including 41 to help.” He counts the city of Memphis percent of the baby boomer generation. So many of the people Your parents might not welcome your inquiries as one of his marquis clients and is about their financial situation either. They could are still the same humbled by the work. “It’s been an honor for me to have see it as none of your business, or an attempt to and the culture is take control. It can help to involve a third party. served five different city attorneys in Ask them to go with you to a financial seminar essentially the same two different administrations.” In a public capacity, Meyers has for retirees or set up a joint appointment with a now as when I left.” worked as chairman of the Shelby financial adviser for a consultation. “ County Election Commission for the By bringing in an outside professional you give – Robert Meyers MEYERS past four years. Recently reappointed everyone a greater sense of comfort when dis- Glankler Brown PLLC by the state election commission cussing money matters. Otherwise it’s too easy to with this term up in 2015, his duties revert to old “parent-child” roles. are to oversee the operations from If it turns out your parents are in good shape, obert Meyers has joined anesthesia school, which required he a policy standpoint, making sure all all you need to do is make sure you know where Glankler Brown PLLC as a enroll in nursing school. He did so at applicable state and federal laws are all their important paperwork is – original wills, member, and it isn’t his first the University of Tennessee Health followed. financial records, insurance policies, powers of R time around this block. He worked for Science Center, graduating with a “One of the things lawyers strive attorney – or know who does know this. Plus, find the firm as a newly licensed attorney Bachelor of Science in nursing. to do is to find ways to give back to out if there’s a lock box and where the key is. right out of law school. For two years, Meyers worked in their communities, and this is a way If you learn your parents are not in good shape He’s returned, he said, because critical care settings, yet “abandoned I’ve been fortunate enough to be financially, you and your siblings might need to clients were asking for more work that that dream for a new dream of going asked to do, and I’m proud to do it.” step in. There may be assets that can be sold to was “outside of the traditional four to law school,” he said. He left Mem- Looking after clients’ needs and increase savings. It might be time to consider a corners of labor and employment phis for Knoxville and the University the smooth running of county elec- reverse mortgage on their home, though this is law,” which he practices, and he was of Tennessee College of Law. tions is more than a full-time job, usually a last resort. You might need to open your looking for a full-service practice to “It had to do with being more in- and Meyers and his wife, Debbie – a home to them. You’ll want to do what you can to offer the additional tools and exper- dependent, charting my own course,” Hewlett-Packard employee working help, just be sure not to put your own financially tise required to meet those needs. he said of his career switch. “I felt in telecommunication services at secure retirement at risk in the process. “So many of the people are still that, as a lawyer, I would ultimately International Paper – enjoy sampling the same and the culture is essentially have more autonomy, and at the and collecting wine, traveling and the Dana’s Take the same now as when I left,” he said same time, it would give me the thing variety of live concerts offered around Parents are always talking about setting up of his return to Glankler Brown. that I liked most about nursing, and town. college funds for their kids, often giving that goal With his father in the Army at that was that I could help people.” Meyers is a well-rounded attorney, priority over saving for their the time, Meyers was born in France When he graduated in 1986, it was having brought his experiences living own retirement. and spent years moving around back to Memphis and round one with abroad, and skills and empathy from This can be a costly France and Germany, with a stint at Glankler Brown. After three years, the his time as a nurse into the legal field. mistake for both the Memphis Defense Depot along nomadic Meyers joined the Hardi- He also has counted those around generations. the way. When it came time to settle son Law Firm PC for four years, then him as assets along the way. When you down, the family moved back to spent another four at Spicer Flynn “I’ve been very fortunate and take saving Memphis, where they’d bought a & Rudstrom. A decade was spent at I’ve had a number of great lawyers house years before, and 14-year-old the Memphis office of Littler Men- as mentors throughout my career at ray & dana Brandon for your own rays of wisdom retirement Meyers went to Bishop Byrne High delson PC, where he developed his the different stops along the way, and seriously, School. specialties of labor and employment I certainly wouldn’t have the legal you’re freeing your children from what could be a He attended the University of law, civil rights defense and workers’ success that I currently have without tremendous financial burden later. The best gift Tennessee-Martin for a bachelor’s compensation defense. their mentoring me, as well as the you can ever give your children and grandchildren degree in chemistry with a minor in He finds his work comparable to support of other people who support- is your own financial independence. philosophy. The plan was to enter the vocation of nursing, saying, “My ed me, such as associates and staff.” If you run out of money in your senior years – or don’t have enough to meet basic needs – who will pick up the slack? Is that the legacy you want to give your kids? Paying for a college education for your kids is admirable, but don’t let it sink your County Leaders Blast Fairgrounds TDZ Financing Plan own future. Your kids would be much better off paying for their own higher education now and Shelby County government leaders say a city plan to Cooper-Young Community Association. not supporting you at the same time they’re try- use incremental sales tax revenue within a tourism de- “None of that’s true,” Lipscomb said to Basar several ing to raise your grandchildren. velopment zone to revitalize the Fairgrounds will take the times, as he repeatedly said the Fairgrounds zone, which share of that revenue that goes to Shelby County Schools. is three square miles that takes in Cooper-Young and Ray Brandon is a certified financial planner Shelby County Commissioner Steve Basar says his “con- Overton Square, would only recoup sales tax revenue that and CEO of Brandon Financial Planning (www. servative” estimate is the TDZ would siphon off $1 million would otherwise go to state government in Nashville for brandonplanning.com). His wife, Dana, has a a year from local public education for 30 years. distribution possibly to other parts of the state. bachelor’s degree in finance and is a licensed clini- The local funding of Shelby County Schools is the sole “Otherwise it goes where?” Lipscomb asked several cal social worker. Contact Ray Brandon at raybran- responsibility of Shelby County government. times during his presentation, answering, “the state.” [email protected]. Basar took his concern to city Housing and Commu- But by week’s end, the different views of where the nity Development Director Robert Lipscomb last week sales tax revenue comes from persisted between city and as Lipscomb talked over the Fairgrounds plan with the county leaders. www.thememphisnews.com October 18-24, 2013 25

Financial Services Health Care & Biotech Benevere Sees Uptick In Bio-Identical Hormone Therapy

Michael Waddell [email protected]

enevere Pharmacy in Collierville says it is seeing an uptick in patients who are B benefiting from bio-identical hormone replacement therapy, with many experiencing near-normal hormone levels after identify- (Memphis News File/Lance Murphey) ing a therapy regimen that works for them. Raymond James has shown a commitment to community efforts. Bio-identical hormones differ from traditional replacements because they are compounded to be the same as the body's own hormones on a molecular level. “With BHRTs, we are mimicking the hor- mones that are naturally occurring in the body by using plant derivatives,” said Brett Wright, president of Benevere, which has been open Raymond James Boosts since May 2011. “The goal is to supplement existing hormones to offset the challenges that women experience as they go through Community Efforts pre-menopause, menopause and post-meno- pause.” Bio-identical hormone replacement Erinn Figg therapy is popular primarily among women go- Special to The Memphis News ing through menopause, but can also be used for men. Common menopausal symptoms can include sleeplessness, hot flashes, night sweats, new website and a significant the company has maintained through Finance division, said the company headaches, memory loss, adult acne, depres- sponsorship are two of the lat- its 51-year history. also demonstrates its faith in Memphis sion, energy loss, fatigue and irritability. Aest ways Raymond James Inc. In 2012, Raymond James Inc. by basing its corporate headquarters for During menopause, the body reduces the is demonstrating its commitment to merged with Memphis-based bro- Public Finance in the Memphis office. production of the female hormones estrogen Memphis. kerage firm and investment banking “This is one of the most excit- and progesterone, putting women at greater The site, rjsupportsmemphis.com, business Morgan Keegan & Co., making ing things about the combination of risk for osteoporosis and heart disease. highlights the financial institution’s on- it one of the country’s largest indepen- Morgan Keegan and Raymond James,” The bio-identical hormone therapy offers going local community service efforts, dent full-service wealth management Baird said. “Last year we ranked among individualized care for issues specific to each reflecting a corporate-wide mission and capital market firms. During its the top 10 underwriters of municipal person, rather than standardized hormone that touches the company’s more-than 43-year history, Morgan Keegan also bonds in the nation, and to have that replacements, which have been linked to breast 2,500 global locations. exhibited a deep commitment to com- corporate headquarters in Memphis is cancer and other side effects. “We’re part of this community, munity service, so the two firms were a something we’re very proud of.” “We can compound a naturally occurring Memphis is important to us and we are perfect fit in terms of culture as well as The combined Public Finance plat- progesterone/estrogen that is specific to each actively supporting it in any way we talent, Carson said. form of Raymond James and Morgan patient’s body, as opposed to a mass-produced can,” said Raymond James president “Like Morgan Keegan, we actively Keegan served as senior manager on hormone,” Wright said. John Carson. promote volunteerism and community 748 issues with a par amount of $12.1 The most common hormone therapies of In addition, Raymond James has service among our associates,” he said. billion, according to Thomson Reuters, the past have included animal-based prod- signed on to be the first presenting “Being engaged in the community – one of the nation’s leading municipal ucts such as primarin, isolated from pregnant sponsor in the seven-year history of both personally and corporately – is bond information services. mares’ urine, and synthetics such as provera, RiverArtsFest, which runs Oct. 25-27 on important to all of us.” Like many Memphis professionals, derived from progesterone. South Main Street in Downtown Mem- In August 2011, Raymond James all three executives are enthusiastic “I’ve been on bio-identical hormone phis. Last year, about 80,000 people introduced the Raymond James Cares about the city’s current and future busi- therapy for more than 11 years now,” said Amy attended the event, which currently is Month initiative, encouraging the com- ness landscape. Maddox, Benevere sales representative. the largest fine arts festival in the Mid- pany’s employees to make a difference “Memphis is a tremendous place Prior to taking the bio-identical hormone South. in their communities. In Tennessee, for our employees to raise families. It’s therapy, Maddox took synthetic hormones for “Supporting the arts is a big com- more than 200 advisers and associ- a terrific community and a place where nearly 15 years after her need for the therapy ponent of Raymond James’ mission ates participated, volunteering nearly most of our associates only have a 20- was surgically induced at age 29. She went ev- to serve its communities,” said Will 400 hours in support of various local to 30-minute drive to work,” Carson ery route with synthetics: pill form, injections Deupree, branch manager of the firm’s organizations, including Porter-Leath, said. “We’ve also accumulated a group and a patch – and none were working for her. Private Client Group. “RiverArtsFest is Youth Villages and the Metropolitan of colleagues and associates that have “Our bodies are made up differently, like a a perfect fit for Raymond James and an Inter-Faith Association. given us a crucial mass in terms of tal- puzzle, so we need natural hormones com- excellent way for us to emphasize the Annually, Raymond James’ more- ent.” ing from a source that will fit our bodies as it passion that extends from the founder than 800 Memphis employees sup- On the subject of talent, Deupree should,” Maddox said. “I went to work at the to the Memphis employees.” port 155 Mid-South charities through said he’s looking for even more of it. compounding pharmacy and learned about In 1962, Robert A. James founded $600,000 in financial donations and “Our area has a lot of room to grow, BHRTs. I responded really well to the treatment the Florida-based investment firm, 11,000 hours in volunteer service. Since and I’m actively out there right now and have been on them ever since.” which grew to become the fifth most- 2003, Raymond James Memphis and trying to find good financial advisors Maddox takes the transdermal therapy, admired securities company in the Morgan Keegan associates also have to come on board. There are a lot of which is like a lotion rubbed on different sites world, according to a March 2013 raised $7.97 million for United Way of people out there in the community on the body. Fortune magazine ranking. the Mid-South, thanks in part to the with great qualifications, and we’re “We’ve only gotten thumbs up from the James built the firm on the found- fact that Raymond James matches as- also open to hiring people coming out patients who are on them,” Maddox said. “Our ing principle of putting the needs of cli- sociate donations of up to $5,000. of school and developing that tal- compounding is tailor-made for the specific ents and the community first, a vision Rob Baird, head of the firm’s Public ent as well.” patient and whatever issues we are treating.” 26 October 18-24, 2013 www.thememphisnews.com

Week of 10/7/13 - 10/13/13

crosswords The Weekly

Crossword Edited by Margie E. Burke The Weekly Crossword by Margie E. Burke ACROSS 123456 78910 11 12 13

1 Mixed-nuts nut 14 15 16 7 Help in a heist 11 Before, in verse 17 18 19 14 Where charity 20 21 begins 15 Wild swine 22 23 24 25 26 16 One with a habit 27 28 29 30 17 Disco light 18 Like some 31 32 chocolates 33 34 35 36 37 20 Hotel offering 21 How butterflies 38 39 move, often 40 41 42 43 44 45 22 Anastrophe 24 Marvin and 46 47 48 Majors 49 50 51 52 27 Clairvoyant 28 Beau for Barbie 53 54 55 29 Brother's place 56 57 58 31 Bone-dry 32 Carb-binding 59 60 61 protein 33 Teaching staff Copyright 2013 by The Puzzle Syndicate 37 Milli Vanilli ruse 5 Fire leftover 39 Streetcar of 47 Billy goat 38 Well-recognized 6 Like Willie Winkie yore feature 39 Copious amount 7 Mother-of-pearl 42 SWAT team 48 Sports venue 40 Sword holder source member 50 Storybook start 41 Daily grind 8 Deck hand's 43 Clandestine 51 Macho guy 42 Shell game, for boss 44 Repay, in a way 53 Mo. for opals one 9 Big Apple river 45 Joan of Arc, 54 Caviar source 46 Marjoram or mint 10 Fox follower notably 55 Yank's foe 47 Brazilian music 11 Petition 49 One way to 12 Parisian street watch or hold 13 Cut short 52 Amazon, e.g. 19 Excavation finds Answer to Last Week's Crossword 53 Type of rug 21 Raging hot 55 Show remorse 23 Artist's COPE ATLAS SOBS 56 Pigeon sound rendering APEX PEACE CLAP 57 Preserve, as 25 Julia's LAST ENNU I HALE ham Brockovich F LORA SK I ND I VED 58 Einstein's "E" 26 Harmony, briefly ABLE TEAL 59 Royal flush card 29 Spark BRA CADDY CLARA 60 Swirling current producers LARKSPUR SE I DEL 61 Cashless deal 30 Workout units EVEN SPATE NEVA 31 Buttonhole, e.g. SEN I LE WR I GG L ER DOWN 33 "Barney Miller" SNAFU BLAZE ELM 1 Black currant spin-off ELSE VEAL liqueur 34Week Need liniment of 10/7/13APPELLATE - 10/13/13 RABB I 2 Make aware 35 Force L I ED ACORN BORN 3 Impose penance 36 Not up to it SNAG TORSO ED I T 4 Noisy owl 37 Wretched OGL E ENTER L EGO

Sudoku Edited by Margie E. Burke  Edited by Margie E. Burke

Difficulty : Easy 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 October 18-24, 2013 27 happenings Memphis Rotary Club will meet Tuesday, Oct. note, “Beyond the Closet: Reinventing African 22, at noon at the University Club of Memphis, American Gay History, 1963-1988.” Cost is 1346 Central Ave. Todd McCall, special agent free. Visit memphis.edu/moch for details. Ballet Memphis will present “River Project 2,” the world in charge, FBI Memphis division, will speak. Cost for nonmembers is $18. RSVP to Taylor will host a Communities in premiere of three works inspired by the , Hughes at [email protected]. Conversation lecture titled “Judeo-Christiani- » ty, Zen-Buddhism and Environmental Ethics,” from Saturday, Oct. 19, to Oct. 27 at Playhouse on the Cecil C. Humphreys School of Law will hold Thursday, Oct. 24, at 6 p.m. in Blount Auditori- an admissions workshop and recruitment fair um of Buckman Hall on campus, 2000 North Square, 66 S. Cooper St. Buy tickets at balletmemphis.org. Tuesday, Oct. 22, from 5 p.m. to 8 p.m. at the Parkway. Reception begins at 5:30 p.m. Cost law school, 1 N. Front St. The workshop will be is free. Visit rhodes.edu. 5 p.m. to 6 p.m., and the recruitment fair, fea- turing representatives from six law schools, » THE ARTS will be 6 p.m. to 8 p.m. Cost is free. RSVP to [email protected] or 678-5403. David Lusk Gallery will host opening recep- tions for Huger Foote’s “Sixteen” and Libby » Community Nutrition Council’s “Fresh Slices of Nutrition” cookbook Saturday, Oct. 19, at 2 p.m. at the The Church Health Center will hold a wom- Johnson’s “Meditations” Friday, Oct. 18, from Agape Child & Family Services will hold a bookstore, 387 Perkins Road Extended. Visit en’s roundtable titled “Making the Most of Our 6 p.m. to 8 p.m. at the gallery, 4540 Poplar Heart Shares bus tour Saturday, Oct. 19, from thebooksellersatlaurelwood.com. Time and Our Life” Wednesday, Oct. 23, from Ave. Both exhibits will be on display through 9 a.m. to 11 a.m., leaving from 111 Racine St. 10 a.m. to 1 p.m. at Church Health Center Nov. 16. Visit davidluskgallery.com. Tour participants will visit the communities Volunteer Memphis will host a pickleball Wellness, 1115 Union Ave. The discussion will Agape serves. Register at agapemeanslove. fun-raiser Sunday, Oct. 20, from 5 p.m. to 9 focus on helping women prioritize their lives. Germantown Performing Arts Center will org. p.m. at WellWorX Sportsplex, 6161 Shelby RSVP at churchhealthcenter.org or 259-4673. host a tribute to Sidney Bichet, featuring Oaks Drive. The event is open to players and saxophonist Brian “Breeze” Cayolle, Friday, Raleigh Feed Store will hold a 50-year busi- spectators. Cost is $30, which includes ap- Lancome and St. Jude Children’s Research Oct. 18, at 7 p.m. and 8:30 p.m. at GPAC, 1801 ness celebration Saturday, Oct. 19, from 10 petizers and two drink tickets. Visit volunteer- Hospital will host Genefique Day, featuring Exeter Road. Buy tickets at gpacweb.com. a.m. to 2 p.m. at the store, 4284 Fayette Road. midsouth.org. celebrity makeup artist Mickey Williams, The event will include a petting zoo, discounts Thursday, Oct. 24, from 11 a.m. to 4 p.m. Dixon Gallery and Gardens will present “Ashe and raffles. Cost is free. Call 662-317-9775. The Greater Memphis Chamber will host at the Dillards, 2700 N. to Amen: African Americans and Biblical its October Lunch in the Know on Tuesday, Germantown Parkway. A portion of Genefique Imagery” Sunday, Oct. 20, through Jan. 5 at The Stax Museum of American Soul Music Oct. 22, from 11:30 a.m. to 1 p.m. at Baptist sales proceeds will benefit St. Jude. Visit Dixon, 4339 Park Ave. The exhibit is organized will host a book-signing with “Love, Peace, and Memorial Hospital-Memphis Medical Plaza by the Museum of Biblical Art in New York. Soul” author Ericka Blount Danois and former B, 6027 Walnut Grove Road. Lisa Leach and The Marcus W. Orr Center for the Humani- Visit dixon.org. Stax Records owner Al Bell on Saturday, Oct. Tanja Thompson, shareholders at Littler ties at the University of Memphis will host 19, from 2 p.m. to 5 p.m. at the museum, 926 Mendelson PC, will present “Managing the the 15th annual Graduate Association of Afri- The Buckman Performing Arts Center at E. McLemore Ave. Visit staxmuseum.com. Toxic Employee.” Cost is free for chamber can American History conference Thursday, St. Mary’s School will host Ballet Hispanico members; lunch is provided. Register at Oct. 24, at 5:30 p.m. in the University Center on Sunday, Oct. 20, at 7 p.m. at Buckman, 60 The Booksellers at Laurelwood will host a events.memphischamber.com or email tlee@ theater, 499 University St. Kevin Mumford of Perkins Road Extended. Buy tickets at buck- discussion and signing for the Memphis Area memphischamber.com. the University of Illinois will present the key- manartscenter.com.

home sales continued from P12 beale continued from P20 mortgages continued from P11 the same period, while Magna Bank’s slipped a little, from 183 to 173. sociation of Realtors, said multiple factors Klarberg writes. “What are those leases? mirrors the county’s home sales results Count First Alliance Bank among are fueling the . Have we seen a P&L?” in the third quarter. From July through those banks seeing a spurt in activity. Hubbard said inventory remains John Elkington, president of Performa, September, there were 4,686 home Hunt Campbell, president and CEO of somewhat tight, which has helped fuel the said the city will have to seek out individu- sales, up 12 percent from 4,176 in the First Alliance, said his institution has steady increase in home values, which is als like Timberlake and developers with third quarter of 2012. found its sea legs again when it comes prompting more and more homeowners to vision if Beale Street is going to survive and Regarding third-quarter mortgage to mortgage activity. sell their properties. thrive. activity for the largest banks based in “We have just gotten back in the Meanwhile, interest rates are still at “You need to be bold on this deal and Memphis, First Tennessee Bank was mortgage business after being out of it historically low levels, causing consumers you need someone who has the vision to down 35 percent, recording 22 mort- for several years,” he said, adding that who have been considering a home pur- take it like we did, from an absolute di- gages during the third quarter of 2013 most of the demand at the moment chase to go ahead and enter the market- saster to an extremely successful project,” compared with 34 mortgages in the is coming from homebuyers. He said place. Elkington said. “Beale Street is a very diffi- third quarter of 2012. Independent First Alliance’s refinance business, on “Those are still ingredients that make cult project that requires a lot of attention. Bank was up 80 percent, with nine the other hand, has been “substantially for a positive income,” Hubbard said. They need more than a manager. If you’re mortgages compared with five a year curtailed.” ”Those are good things for both sides of just paying someone a management fee ago. Metropolitan Bank grew its num- Chandler Reports is a division of The the coin.” that would make it very difficult to develop ber of mortgages from 11 to 29 over Daily News Publishing Co. Inc. Collierville’s 38017 ZIP code saw the Beale Street and what you really need is an highest number of sales in the third quar- entrepreneur with the vision and talent to ter, with 314 homes taken off the market. make it grow.” st. jude continued from P20 Next was Cordova North’s 38016 ZIP code, Elkington said that while Beale Street is $105 million, with $65 million for which recorded 276 sales. The 38117 ZIP has experienced tremendous success over ates in cities that are several hundred equipment and another $40 million for code in East Memphis came in third with the last three decades, the entertainment miles away from Memphis that have construction. 273 sales. district is facing challenges that could always been an important component Kun joined St. Jude in 1984 to estab- Collierville led the way in total sales make future management and develop- of our clinical enterprise, and we are lish a department to treat cancer with with $94.7 million. Germantown East’s ment difficult. looking at strengthening and enhanc- radiation therapy and to initiate the 38139 ZIP code had the highest average Reduced air service, a struggling con- ing those relationships,” Kun said. multidisciplinary brain tumor program. sales price in the quarter at $372,876. vention industry, a scarcity of hotel rooms Kun said he is excited about the Under his leadership, the department The number of existing home sales and limited space – Beale Street is more current construction of a new proton has grown into the largest pediatric increased 13 percent, to 4,475 in the third than 90 percent occupied – are the most therapy center at St. Jude that will be brain tumor research program in the quarter from 3,961 in 2012. The average significant hurdles the city and potential one of only four in the world when country. sales price for an existing home in the third development and management firms completed. The first piece of equip- “Under Dr. Kun’s leadership we will quarter was $139,943, up 12 percent from would have to overcome. ment arrives this week. continue to enhance our patient care $125,011 last year. “How are you going to attract more “We’re in the midst of building the programs and accelerate momentum New home sales totaled 211 in the third people?” Elkington said. “All those things world’s only pediatric proton therapy in developing and delivering innovative quarter, down 2 percent from 215 over the are how you grow and I see it as being very center, and it will probably be the most new treatments for children with can- same period last year. The average sales difficult to grow the way we have in the last technologically advanced center any- cer, sickle cell and other catastrophic price for a new home was $267,836, up 6 30 years.” where internationally,” said Kun, who diseases,” said Dr. William E. Evans, St. percent from $253,272 last year. Elkington said it would be important to explained that the new technology is Jude director and CEO, in a prepared Non-bank sales in the third quarter expand Beale Street to the east and west. particularly beneficial for growing chil- statement. “Along with outstanding totaled 3,935, up 24 percent from 3,168 Conrad said it would be important for the dren and developing adolescents. “We clinical skills, Dr. Kun has proven his last year. And bank – or foreclosure – sales city to properly vet Beale Street proposals. are much better able to target the tu- ability to organize and lead complex, dropped to 751 in the quarter, down 25 “Beale Street is a breakable toy,” Con- mor, with much greater ability to spare multi-institutional collaborations, such percent from 1,008 last year. rad said. “It’s a huge asset to the city but it the normal tissues that are important as the national Pediatric Brain Tumor has to be handled properly. This is a huge for normal development, growth and Consortium.” Chandler Reports is a division of The strategic decision and one that should be function in children and adolescents.” Kun has also held leadership posi- Daily News Publishing Co. Inc. handled with care.” The approximate cost of the center tions in other organizations. 28 OctoberOctober 1818-24, - 24, 2013 2013 www.thememphisnews.com

public notices

Foreclosure Notices Inc., as a nominee for Countrywide ft. to a point; thence S7 degrees 15’E which appears of record in Plat Book The sale held pursuant to this Notice Fayette County Home Loans, Inc., its successors and a distance of 177.85 ft. to a steel post; 4, Page 84, in the Register’s Office of may be rescinded at the Successor assigns; Countrywide Home Loans, thence N84 degrees 34’W a distance Madison County, Tennessee. Trustee’s option at any time. The right Inc. of 76.14 ft. to a steel post, being the ALSO KNOWN AS: 82 Culpepper Cove, is reserved to adjourn the day of the The sale held pursuant to this Notice N.E. corner of the property and the S.E. Jackson, Tennessee 38305 sale to another day, time, and place NOTICE OF TRUSTEE’S SALE may be rescinded at the Successor corner of the Taylor property; thence N. This sale is subject to all matters certain without further publication, upon WHEREAS, default has occurred in the Trustee’s option at any time. The right with the East boundary line of the Taylor shown on any applicable recorded announcement at the time and place performance of the covenants, terms, is reserved to adjourn the day of the property a distance of 734.82 ft. to plat; any unpaid taxes; any restrictive for the sale set forth above. W&A No. and conditions of a Deed of Trust Note sale to another day, time, and place the point of beginning. PROPERTY AD‑ covenants, easements, or setback lines 1286‑171940 dated February 20, 2007, and the Deed certain without further publication, upon DRESS: 495 GARY CV, SOMERVILLE, TN that may be applicable; any statutory DATED September 27, 2013 of Trust of even date securing the same, announcement at the time and place 38068, CURRENT OWNER(S): William rights of redemption of any governmental WILSON & ASSOCIATES, P.L.L.C., recorded March 1, 2007, as Instrument for the sale set forth above. W&A No. T. Taylor and wife, Sarah J. Taylor The agency, state or federal; any prior liens Successor Trustee No. 07002093 in Office of the Register 931‑205915 sale of the above-described property or encumbrances as well as any priority FOR SALE INFORMATION, VISIT WWW. of Deeds for Fayette County, Tennessee, DATED October 7, 2013 shall be subject to all matters shown created by a fixture filing; and to any MYFIR.COM and WWW.REALTYTRAC. executed by Mark Summerford and Mary WILSON & ASSOCIATES, P.L.L.C., on any recorded plan; any unpaid taxes; matter that an accurate survey of the COM Summerford, conveying certain property Successor Trustee any restrictive covenants, easements or premises might disclose. In addition, the Oct. 4, 11, 18, 2013 Fin11629 therein described to Arnold M. Weiss, FOR SALE INFORMATION, VISIT WWW. set-back lines that may be applicable; following parties may claim an interest Attorney as Trustee for Mortgage Elec- MYFIR.COM and WWW.REALTYTRAC. any prior liens or encumbrances as in the above-referenced property: Joseph NOTICE OF TRUSTEE’S SALE tronic Registration Systems, Inc., as COM well as any priority created by a fixture King; Erin King WHEREAS, default has occurred in the a separate corporation that is acting Oct. 11, 18, 25, 2013 Fin11634 filing; and any matter that an accurate The sale held pursuant to this Notice performance of the covenants, terms, solely as a nominee for Countrywide survey of the premises might disclose. may be rescinded at the Successor and conditions of a Deed of Trust Note Home Loans, Inc. and Countrywide Home SUBSTITUTE TRUSTEE’S SALE Substitute Trustee will only convey any Trustee’s option at any time. The right dated April 27, 2000, and the Deed of Loans, Inc.’s successors and assigns; WHEREAS, default having been made in interest he/she may have in the property is reserved to adjourn the day of the Trust of even date securing the same, and the undersigned, Wilson & Associ- the payment of the debts and obligations at the time of sale. Property is sold “as sale to another day, time, and place recorded May 2, 2000, at Book 900, ates, P.L.L.C., having been appointed secured by a Deed of Trust executed on is, where is.” SUBORDINATE LIENHOLD‑ certain without further publication, upon Page 138 in Office of the Register of Successor Trustee. July 2, 2003, by WILLIAM T. TAYLOR & ERS: This sale is also subject to the announcement at the time and place Deeds for Tipton County, Tennessee, NOW, THEREFORE, notice is hereby WIFE, SARAH J. TAYLOR and to Fayette right of redemption by the INTERNAL for the sale set forth above. W&A No. executed by Keith L. Lowe and Cheryl given that the entire indebtedness has County Title company, Trustee, for the REVENUE SERVICE, DEPARTMENT 700‑239109 M. Lowe, conveying certain property been declared due and payable; and benefit of First Horizon Home Loan OF THE U.S. TREASURY, pursuant to DATED September 26, 2013 therein described to Jeanine B. Saylor, that an agent of Wilson & Associates, Corporation and appearing of record in 26 U.S.C. 7425(d)(1) by reason of the WILSON & ASSOCIATES, P.L.L.C., of Shelby County, Tennessee as Trustee P.L.L.C., as Successor Trustee, by virtue Register’s Office of Fayette County, Ten- following tax lien(s) of record in: Instru- Successor Trustee for 1st Trust Bank for Savings; and the of the power, duty, and authority vested nessee, in Book D681, Page 114; and ment No.13002221 Notice of the sale FOR SALE INFORMATION, VISIT WWW. undersigned, Wilson & Associates, in and imposed upon said Successor WHEREAS, the beneficial interest of said has been given to State of Tennessee MYFIR.COM and WWW.REALTYTRAC. P.L.L.C., having been appointed Suc- Trustee will, on November 4, 2013 on Deed of Trust was last transferred and in accordance with T.C.A. 67-1-1433(b) COM cessor Trustee. or about 10:00 A.M., at the Fayette assigned to Federal National Mortgage (1). For every lien or claim of lien of the Oct. 4, 11, 18, 2013 Fin11630 NOW, THEREFORE, notice is hereby County Courthouse, Somerville, Ten‑ Association (“FNMA”) and WHEREAS, state identified above, please be advised given that the entire indebtedness has nessee, offer for sale certain property Federal National Mortgage Association notice required by § 67-1-1433 (b)(1) been declared due and payable; and hereinafter described to the highest (“FNMA”), as the holder of the Note for was timely given and that any sale of the that an agent of Wilson & Associates, bidder FOR certified funds paid at the which debt is owed, (“Note Holder”), property herein referenced will be subject Foreclosure Notices P.L.L.C., as Successor Trustee, by virtue conclusion of the sale, or credit bid appointed the undersigned, Priority to the right of the state to redeem the of the power, duty, and authority vested from a bank or other lending entity pre- Trustee Services of TN, LLC, as Substi- land as provided for in § 67-1-1433(c) Tipton County in and imposed upon said Successor approved by the successor trustee. The tute Trustee by instrument filed or to be (1). All right and equity of redemption, Trustee will, on November 6, 2013 on sale is free from all exemptions, which filed for record in the Register’s Office statutory or otherwise, homestead, and or about 10:00 A.M., at the Tipton are expressly waived in the Deed of of Fayette County, Tennessee, with all dower are expressly waived in said Deed NOTICE OF TRUSTEE’S SALE County Courthouse, Covington, Ten‑ Trust, said property being real estate the rights, powers and privileges of the of Trust, and the title is believed to be WHEREAS, default has occurred nessee, offer for sale certain property situated in Fayette County, Tennessee, original Trustee named in said Deed of good, but the undersigned will sell and in the performance of the covenants, hereinafter described to the highest and being more particularly described Trust; and WHEREAS, pursuant to Tenn. convey only as Substitute Trustee. The terms, and conditions of a Deed of bidder FOR certified funds paid at the as follows: Code Ann. § 35-5-117, not less than sixty right is reserved to adjourn the day of Trust Note dated March 1, 2004, and conclusion of the sale, or credit bid Beginning at a cotton picker spindle (60) days prior to the first publication the sale to another day, time, and place the Deed of Trust of even date securing from a bank or other lending entity pre- in the center of Karcher Road, being required by § 35-5-101, the notice of certain without further publication, upon the same, recorded April 16, 2004, at approved by the successor trustee. The the Southeast corner of C.W. Mon‑ the right to foreclose was properly sent, announcement at the time and place for Book 1133, Page 683 in Office of the sale is free from all exemptions, which tague’s 1.0 acre lot, runs thence with if so required; and NOW, THEREFORE, the sale set forth above. Priority Trustee Register of Deeds for Tipton County, are expressly waived in the Deed of the center of said road South 43.0 notice is hereby given that the entire Services of TN, LLC 1587 Northeast Tennessee, executed by Phillip E. Trust, said property being real estate feet and South 0 degrees 45 minutes indebtedness has been declared due Expressway Atlanta, GA 30329 404- Hutcherson, conveying certain property situated in Tipton County, Tennessee, East 157.58 feet to a cotton picker and payable as provided in said Deed 417-4040 File No.: 81815 Web Site: therein described to Nancy F. MacDon- and being more particularly described spindle being the Northeast corner of Trust by the Note Holder, and that the www.rcolegal.com TS#: 81815 ald as Trustee for Mortgage Electronic as follows: of C.A. Davis property, thence with undersigned, Priority Trustee Services FEI # 1008.246761 Registration Systems, Inc., as nominee Beginning at a stake in the original the North boundary line of Davis’ of TN, LLC, Substitute Trustee, or its Oct. 12, 19, 26, 2013 Fin11635 for Greater Atlantic Mortgage Corpora- East line of the Price 70 acre tract, property North 89 degrees West duly appointed attorneys or agents, by tion, its successors and assigns; and of which this survey is a part, said 445.54 feet to a steel post, being virtue of the power and authority vested the undersigned, Wilson & Associates, stake being North 30 1/4 degrees the Southeast corner of the Feath‑ in it, will on Thursday, November 07, P.L.L.C., having been appointed Suc- West 413 feet from the original ers Chapel Baptist Church property, 2013, commencing at 11:00 AM At the Foreclosure Notices cessor Trustee. Southeast corner of said tract; runs thence North 26 degrees East 303.0 Fayette County Courthouse, 11:00:00 NOW, THEREFORE, notice is hereby thence with the East line of the same feet with the East boundary line of AM, proceed to sell at public outcry to Madison County given that the entire indebtedness has and the West line of Woelfle, North said Church’s Property to an iron the highest and best bidder for cash, been declared due and payable; and 30 1/2 degrees West 400 feet to a pin, being the Southwest corner of the following described property situated that an agent of Wilson & Associates, stake; thence South 36 degrees West C. W. Montague’s property, thence in Fayette County, Tennessee, to wit: NOTICE OF TRUSTEE’S SALE P.L.L.C., as Successor Trustee, by virtue 610 feet to a point in the center of a South 75 degrees 38 minutes East TRACT I: Lot 25 of Wortham Enterprises, WHEREAS, default has occurred in the of the power, duty, and authority vested gravel road; thence with the center of 320.61 feet to the point beginning, Inc. Unrecorded subdivision in the 14th performance of the covenants, terms, in and imposed upon said Successor the road, South 79 1/4 degrees East containing 2.12 acres. Civil district Fayette Co. TN. And being and conditions of a Deed of Trust Note Trustee will, on November 27, 2013 250 feet, thence still following the ALSO KNOWN AS: 1755 Karcher Road, more particularly described as follows: dated April 24, 2008, and the Deed of on or about 10:00 A.M., at the Tipton center of the road, South 52 degrees Somerville, Tennessee 38068 Beginning at an iron pin in he East line Trust of even date securing the same, County Courthouse, Covington, Ten‑ East 150 feet to a point in the road; This sale is subject to all matters of the Paul Wortham, Jr. 193.82 acres, recorded April 25, 2008, at Book T1831, nessee, offer for sale certain property thence North 34 1/4 degrees East shown on any applicable recorded said point being 1230.13 feet North of Page 20 in Office of the Register of hereinafter described to the highest 370 feet to the beginning. plat; any unpaid taxes; any restrictive an old iron pin, the west corner of the Deeds for Madison County, Tennes- bidder FOR certified funds paid at the ALSO KNOWN AS: 222 Double Bridges covenants, easements, or setback lines Gene Lunsford and the University of see, executed by Joseph King and Erin conclusion of the sale, or credit bid Road, Munford, Tennessee 38058 that may be applicable; any statutory Tennessee tracts as measured along King, conveying certain property therein from a bank or other lending entity pre- This sale is subject to all matters rights of redemption of any governmental the East line of said Wortham Tract; described to Matt B. Murfree as Trustee approved by the successor trustee. The shown on any applicable recorded agency, state or federal; any prior liens thence Northwardly along the line di- for Mortgage Electronic Registration sale is free from all exemptions, which plat; any unpaid taxes; any restrictive or encumbrances as well as any priority viding the Wortham and University of Systems, Inc., as nominee for Guaranty are expressly waived in the Deed of covenants, easements, or setback lines created by a fixture filing; and to any Tennessee tracts 734.82 feet to an Trust Company, its successors and Trust, said property being real estate that may be applicable; any statutory matter that an accurate survey of the iron pin; thence southwestwardly mak- assigns; and the undersigned, Wilson situated in Tipton County, Tennessee, rights of redemption of any governmental premises might disclose. In addition, the ing an interior angle of 73 degrees 13 & Associates, P.L.L.C., having been and being more particularly described agency, state or federal; any prior liens following parties may claim an interest minutes a distance of 346.84 feet to appointed Successor Trustee. as follows: or encumbrances as well as any priority in the above-referenced property: Mark a point, the center of a urn-around for NOW, THEREFORE, notice is hereby Lot 5, Maple Woods Village, Section created by a fixture filing; and to any Summerford; Mary Summerford; Mort‑ a public gravel road with a radius of 50 given that the entire indebtedness has A, as recorded in Plat Cabinet F, Slide matter that an accurate survey of the gage Electronic Registration Systems, feet; thence southwestwardly making been declared due and payable; and 164‑B, of the Tipton County Regis‑ premises might disclose. In addition, the an interior angle of 138 degrees 13 that an agent of Wilson & Associates, ter’s Office to which plat reference following parties may claim an interest minutes a distance of 368.22 feet to a P.L.L.C., as Successor Trustee, by virtue is hereby made for a more particular in the above-referenced property: Keith point; thence southeastwardly making of the power, duty, and authority vested description of said lot. L. Lowe; Cheryl M. Lowe; Household Now Search in an interior angle of 111 degrees 33 in and imposed upon said Successor ALSO KNOWN AS: 1890 Maple Drive, Financial Center, Inc.; Midland Fund‑ minutes a distance of 409.68 feet to an Trustee will, on October 31, 2013 on Atoka, Tennessee 38004 ing LLC Assignee of Citibank/Platinum Fayette & Tipton iron pin; thence eastwardly making an or about 11:00 A.M., at the Madison This sale is subject to all matters Select; Midland Finding LLC Counties interior angle of 125 degrees 39 minutes County Courthouse, Jackson, Ten‑ shown on any applicable recorded The sale held pursuant to this Notice a distance of 277.76 feet to the point nessee, offer for sale certain property plat; any unpaid taxes; any restrictive may be rescinded at the Successor of beginning. TRACT II: Beginning at an hereinafter described to the highest covenants, easements, or setback lines Trustee’s option at any time. The right Research thousands of people iron pipe, being the N.E. corner of the bidder FOR certified funds paid at the that may be applicable; any statutory is reserved to adjourn the day of the and properties to find public property of William T. Taylor and wife, conclusion of the sale, or credit bid rights of redemption of any governmental sale to another day, time, and place records and notices in a Sarah J. Taylor, as described in Warranty from a bank or other lending entity pre- agency, state or federal; any prior liens certain without further publication, upon total of 12 counties in West Deed Book No. 339, at page 410, and approved by the successor trustee. The or encumbrances as well as any priority announcement at the time and place the S.E. corner of the Alf Davis property; sale is free from all exemptions, which created by a fixture filing; and to any for the sale set forth above. W&A No. Tennessee for just $25/month! running thence with an old fence and the are expressly waived in the Deed of matter that an accurate survey of the 817‑129999 (excludes Shelby County) residue of the Ames Plantation property Trust, said property being real estate premises might disclose. In addition, the DATED September 24, 2013 the following courses and distances – situated in Madison County, Tennessee, following parties may claim an interest in WILSON & ASSOCIATES, P.L.L.C., N88 degrees 30’E a distance of 8.0 ft. and being more particularly described the above-referenced property: Phillip E. Successor Trustee to a steel post; thence S6 degrees 0’E a as follows: Hutcherson; Atlantic Credit & Finance FOR SALE INFORMATION, VISIT WWW. distance of 284.9 ft. to a point; thence Being Lot Number 51, Section IV, Inc. Assignee from Capital One; Capital MYFIR.COM and WWW.REALTYTRAC. www.memphisdailynews.com S3 degrees 10’E a distance of 282.9 Hickory Hills Subdivision, a plat of One Bank (USA), N.A. COM www.thememphisnews.com OctoberOctober 18 18-24, - 24, 2013 29

public notices

Oct. 4, 11, 18, 2013 Fin11631 The sale held pursuant to this Notice timely given. The sale of the land de- D. Kilgore; Rachelle Kilgore Related Info may be rescinded at the Successor scribed above will be subject to the right The sale held pursuant to this Notice SUBSTITUTE TRUSTEE’S SALE Trustee’s option at any time. The right of the United States to redeem the land may be rescinded at the Successor Also read our daily edition, The Daily Sale at public auction will be on is reserved to adjourn the day of the as provided for in 26 U.S.C. § 7425(d) Trustee’s option at any time. The right News, in print or online every business Thursday, October 24, 2013 at 12:00 sale to another day, time, and place (1).] is reserved to adjourn the day of the day for public notices for Memphis & noon at the North entrance of the Tip- certain without further publication, upon If the State of Tennessee has any sale to another day, time, and place Shelby County. ton County Courthouse, Covington, TN announcement at the time and place lien or claimed lien on the property, certain without further publication, upon Go to www.memphisdailynews.com or pursuant to Deed of Trust executed by for the sale set forth above. W&A No. notice required by § 67-1-1433(b)(1) announcement at the time and place call 683.NEWS for more information. Antonio L. Jackson and Ina E. Jackson 700‑235061 of the Tennessee Code to be given to for the sale set forth above. W&A No. to Charles M. Ennis, Trustee, recorded DATED October 3, 2013 the state of Tennessee has been timely 981‑239555 at Book 1205, Page 511 and conducted WILSON & ASSOCIATES, P.L.L.C., given. The sale of the land described DATED October 14, 2013 by Clifton E. Darnell, Substitute Trustee Successor Trustee above will be subject to the right of the WILSON & ASSOCIATES, P.L.L.C., or his agent, all of record in the Tipton FOR SALE INFORMATION, VISIT WWW. state of Tennessee to redeem the land Successor Trustee Co. Register’s Office. MYFIR.COM and WWW.REALTYTRAC. as provided for in § 67-1-1433(c)(1) of FOR SALE INFORMATION, VISIT WWW. Owner of Debt: Patriot Bank COM the Tennessee Code.] MYFIR.COM and WWW.REALTYTRAC. The following real estate located in The following real estate located in Oct. 11, 18, 25, 2013 Fin11633 All right of equity of redemption, statu- COM Tipton Co., TN will be sold to the high- Tipton Co., TN will be sold to the high- tory and otherwise, and homestead are Oct. 18, 25, Nov. 1, 2013 Fin11637 est cash bidder subject to all unpaid est cash bidder subject to all unpaid NOTICE OF SUBSTITUTE TRUSTEE`S expressly waived in said Deed of Trust. taxes, prior liens and encumbrances taxes, prior liens and encumbrances SALE The undersigned will sell and convey only SUBSTITUTE TRUSTEE’S SALE of record: of record: Sale at public auction will be on as Substitute Trustee. Sale at public auction will be on Thurs‑ Parcel 1: 0 Campground Road (10.87 Lying in the Sixth Civil District of Tipton November 7, 2013 at 12:00 PM local The right is reserved to adjourn the day, November 7, 2013 at 12:00 noon at acres vacant land – for a complete metes County, Tennessee: Lot 43, Countryside time, at the front of the Tipton County day of the sale to another day, time, and the North entrance of the Tipton County & bounds legal description refer to the Estates, Section B, as revised at Plat Courthouse in Covington, Tennessee place certain without further publication, Courthouse, Covington, TN pursuant to above-described deed of trust), Parcel Cabinet C, Slide 41 of the Tipton County located in Covington, Tipton County, upon announcement at the time and Deed of Trust executed by P. W. Reed ID: 113-007.13-000 Register’s Office to which reference Tennessee, pursuant to Deed of Trust place for the sale set forth above. If the and Dessie G. Reed to Charles M. Ennis, Parcel 2: Lot 2, Section A, Reeds is hereby made for a more particular executed by Gregory A. Smith and Tiffany highest bidder cannot pay the bid within Trustee, recorded at Book 1403, Pages Estates Subdivision, as shown on plat description of said lot. Also commonly L. Smith, to General American Corpora- twenty-four (24) hours of the sale, the 534-541, modified at Book 1602, Page of record in Plat Cabinet D, Slide 130, known as 0 Plum Tree Circle, Munford, tion, Trustee, as trustee for Nationstar next highest bidder, at their highest bid, 889-892 and conducted by Clifton E. Register’s Office of Tipton Co., TN. Also TN – Parcel ID: 06-112-004.33 Mortgage LLC on 14th day of August, will be deemed the successful bidder. Darnell, Substitute Trustee, all of record known as 0 Appleberry Road, Parcel ID: Owner(s) of Properties: Antonio Jack- 2006 in REC Book 1295, Page 634-652 This property is being sold with the in the Tipton Co. Register’s Office. 113E-002.00-000 son and Ina Jackson Other Interested at Instrument Number 92766, in the express reservation that the sale is Owner of Debt: Patriot Bank Parcel 3: Lot 55B, Section F, Reeds Parties: City of Munford Office of the Register of Tipton County, subject to confirmation by the lender The following real estate located in Estates Subdivision, as shown on plat All right and equity of redemption, Tennessee; conducted by York Trustee or trustee. This sale may be rescinded Tipton Co., TN will be sold to the high- of record in Plat Cabinet G, Slide 83, statutory and otherwise, homestead and Services, LLC, having been appointed by the Substitute Trustee at any time. est cash bidder subject to all unpaid Register’s Office of Tipton Co., TN. Also dower are expressly waived in said Deed Substitute or Successor Trustee. Default THIS LAW FIRM IS ACTING AS A DEBT taxes, prior liens and encumbrances known as 0 Rachel Shankle Drive – Par- of Trust, and the title is believed to be has occurred in the performance of COLLECTOR AND IS ATTEMPTING TO of record: cel ID: 113E-051.01-000 good, but the undersigned, will sell and the covenants, terms, and conditions COLLECT A DEBT. ANY INFORMATION Parcel 1: Lot 2, Reed Appleberry Road Parcel 4: Lot 106, Section G, Reeds convey only as Substitute Trustee. of said Deed of Trust and the entire OBTAINED WILL BE USED FOR THAT Subdivision, as shown on plat of record Estates Subdivision, as shown on plat This is an attempt to collect a debt indebtedness has been declared due PURPOSE. at Plat Cabinet H, Slide 382, Register’s of record in Plat Cabinet G, Slide 178, and any information obtained will be and payable. York Trustee Services, LLC, Office of Tipton Co., TN. Also known as Register’s Office of Tipton Co., TN. Also used for that purpose. Party Entitled to Enforce the Debt: Substitute Trustee 786 Appleberry Road, Parcel ID: 112H- known as 0 Hannah Marie Drive – Parcel Clifton E. Darnell, Substitute Trustee Nationstar Mortgage LLC 200 Jefferson Avenue 002.00-000; ID: 113E-058.00-000 Oct. 4, 11, 18, 2013 Fin11632 The following real estate located in Suite 1350 Parcel 2: Lot 3, Reed Appleberry Road Parcel 5: Lot 127, Section D, Reeds Tipton County, Tennessee, will be sold Memphis, TN 38103 Subdivision, as shown on plat of record Estates Subdivision, as shown on plat NOTICE OF TRUSTEE’S SALE to the highest call bidder: Phone: (901) 432-0740 at Plat Cabinet H, Slide 382, Register’s of record in Plat Cabinet F, Slide 92, WHEREAS, default has occurred in the Described property located in Tipton Fax: (404) 961-1185 Office of Tipton County, TN. Also known Register’s Office of Tipton Co., TN. Also performance of the covenants, terms, County, Tennessee, to wit: File No: TN-87000182-13 as 768 Appleberry Road, Parcel ID: known as 0 P.W. Reed Drive, Parcel ID: and conditions of a Deed of Trust Note That certain tract or parcel of land Oct. 18, 25, Nov. 1, 2013 Fin11636 112H-003.00-000; 113L-008.00-000 dated April 5, 2010, and the Deed of in Tipton County, State of Tennessee, Parcel 3: Lot 4, Reed Appleberry Road Parcel 6: Lot 1, Section A, Happy Trust of even date securing the same, described as follows, to-wit: NOTICE OF TRUSTEE’S SALE Subdivision, as shown on plat of record Valley Subdivision, as shown on plat recorded April 7, 2010, at Book 1472, Lot 96 of Basking Heights Subdivision, WHEREAS, default has occurred at Plat Cabinet H, Slide 382, Register’s of record in Plat Cabinet B, Slide 162, Page 306 in Office of the Register of Section D, as shown on plat of record in the performance of the covenants, Office of Tipton Co., TN. Also known as Register’s Office of Tipton Co., TN. Also Deeds for Tipton County, Tennessee, in Plat Cabinet C, Slide 136, Register`s terms, and conditions of a Deed of 750 Appleberry Road, Parcel ID: 112H- known as 0 P.W.R. Loop, Parcel ID: executed by Christina M. Alsip and Office for Tipton County, Tennessee, to Trust Note dated April 7, 2009, and 004.00-000; 126D-001.00-000 Christina M. Alsip, conveying certain which plat reference is hereby made for the Deed of Trust of even date securing Parcel 4: 0 Campgroud Road (5.86 Parcel 7: Lot 2, Section A, Happy property therein described to Monte Con- a more complete description. the same, recorded April 14, 2009, at acres of vacant land) Parcel ID: 113- Valley Subdivision, as shown on plat nell as Trustee for American Mortgage Being the same property conveyed to Book 1433, Page 481 in Office of the 031.10-000 (for a complete metes of record in Plat Cabinet B, Slide 162, Services, Inc.; and the undersigned, Household Financial Center, Incorporat- Register of Deeds for Tipton County, & bounds legal description – refer to Register’s Office of Tipton Co., TN. Also Wilson & Associates, P.L.L.C., having ed by Substitute Trustee`s Deed dated Tennessee, executed by Kelly D. Kilgore the above-described deed of trust and known as 0 P.W.R. Loop, Parcel ID: been appointed Successor Trustee. February 23, 2005, of record in Record and Rachelle Kilgore, conveying certain modification); 126D-002.00-000 NOW, THEREFORE, notice is hereby Book 1190, Page 892, Register`s Office property therein described to Randy M. Parcel 5: 863 Appleberry Road, Parcel Parcel 8: Lot 3, Section A, Happy given that the entire indebtedness has for Tipton County, Tennessee. Kennedy as Trustee for Navy Federal ID: 113-007.23-000; (for a complete Valley Subdivision, as shown on plat been declared due and payable; and Being the same property conveyed to Credit Union; and the undersigned, metes & bounds legal description – refer of record in Plat Cabinet B, Slide 162, that an agent of Wilson & Associates, Gregory Smith and Tiffany Smith, hus- Wilson & Associates, P.L.L.C., having to the above-described deed of trust and Register’s Office of Tipton Co., TN. Also P.L.L.C., as Successor Trustee, by virtue band and wife by deed from Household been appointed Successor Trustee. modification); known as 0 P.W.R. Loop, Parcel ID: of the power, duty, and authority vested Financial Center, Incorporated recorded NOW, THEREFORE, notice is hereby Parcel 6: Lot 84, Reed Estates Sub- 126D-003.00-000 in and imposed upon said Successor 05/11/2005 in Deed Book 1204 Page given that the entire indebtedness has division, Section H, as shown on plat Parcel 9: Lot 27, Section B, Happy Trustee will, on November 6, 2013 on 711, in the Register`s Office of Tipton been declared due and payable; and of record in Plat Cabinet H, Slide 124, Valley Subdivision, as shown on plat or about 10:00 A.M., at the Tipton County, Tennessee. that an agent of Wilson & Associates, Register’s Office of Tipton Co., TN. Also of record in Plat Cabinet B, Slide 31, County Courthouse, Covington, Ten‑ Street Address: 274 Loon Lane, P.L.L.C., as Successor Trustee, by virtue known as 0 Rae Drive, Parcel ID: 113E- Register’s Office of Tipton Co., TN. nessee, offer for sale certain property Covington, TN 38019 of the power, duty, and authority vested 066.00-000; Also known as 0 P.W.R. Loop, Parcel hereinafter described to the highest Parcel Number: 018K B 00700 in and imposed upon said Successor Parcel 7: Lot 43, Reed Subdivision, ID: 126D-027.00-000 bidder FOR certified funds paid at the 000 Trustee will, on November 20, 2013 Section C, First Addition, as shown on Parcel 10: Lot 28, Section B, Happy conclusion of the sale, or credit bid Current Owner(s) of Property: Gregory on or about 10:00 A.M., at the Tipton plat of record in Plat Book 2, Page 58, Valley Subdivision, as shown on plat from a bank or other lending entity pre- Smith and Tiffany Smith, husband and County Courthouse, Covington, Ten‑ Register’s Office of Tipton Co., TN. Also of record in Plat Cabinet B, Slide 31, approved by the successor trustee. The wife nessee, offer for sale certain property known as 0 Reed Circle, Parcel ID: 145D- Register’s Office of Tipton Co., TN. sale is free from all exemptions, which Other Interested Parties: Gregory A. hereinafter described to the highest 001.00-000; Also known as 0 P.W.R. Loop, Parcel are expressly waived in the Deed of Smith, Tiffany L. Smith, bidder FOR certified funds paid at the Owner(s) of Properties: P. W. Reed ID: 126D-028.00-000 Trust, said property being real estate The street address of the above de- conclusion of the sale, or credit bid and Dessie G. Reed Parcel 11: Lot 86, Section D, Happy situated in Tipton County, Tennessee, scribed property is believed to be 274 from a bank or other lending entity pre- All right and equity of redemption, Valley Subdivision, as shown on plat and being more particularly described Loon Lane, Covington, TN 38019, but approved by the successor trustee. The statutory and otherwise, homestead and of record in Plat Cabinet C, Slide 187, as follows: such address is not a part of the legal sale is free from all exemptions, which dower are expressly waived in said Deed Register’s Office of Tipton Co., TN. Also Lot 24, Chisolm Trails Subdivision, description of the property sold herein are expressly waived in the Deed of of Trust, and the title is believed to be known as 0 Rae Drive East, Parcel ID: Section B, as shown on Plat of and in the event of any discrepancy, the Trust, said property being real estate good, but the undersigned, will sell and 112P-004.00-000 record in Plat Cabinet B, Slide 114 legal description herein shall control. situated in Tipton County, Tennessee, convey only as Substitute Trustee. Parcel 12: Lot 104 , Section D, Happy and 115, in the Register’s Office of SALE IS SUBJECT TO TENANT(S) RIGHTS and being more particularly described This is an attempt to collect a debt Valley Subdivision, as shown on plat Tipton County, Tennessee, to which IN POSSESSION. as follows: and any information obtained will be of record in Plat Cabinet C, Slide 187, Plat reference is hereby made for If applicable, the HB 3588 letter was Lot 70, Cherokee Hills Estates, Section used for that purpose. Register’s Office of Tipton Co., TN. Also more particular description of said mailed to the borrower(s) pursuant to H, as recorded at Plat Cabinet F, Slide Clifton E. Darnell, Substitute Trustee known as 0 Rae Drive East, Parcel ID: property. Tennessee Code Annotated 35-5-117. 89 of the Tipton County Register’s Oct. 18, 25, Nov. 1, 2013 Fin11638 112P-015.00-000 ALSO KNOWN AS: 116 Chisolm Trail, This sale is subject to all matters shown Office to which reference is hereby Owner(s) of Properties: P. W. Reed Atoka, Tennessee 38004 on any applicable recorded plat; any made for a more particular description SUBSTITUTE TRUSTEE’S SALE and Dessie G. Reed This sale is subject to all matters unpaid taxes; any restrictive covenants, of said lot. Sale at public auction will be on Thurs‑ All right and equity of redemption, shown on any applicable recorded easements, or setback lines that may ALSO KNOWN AS: 227 Laxton Lane, day, November 7, 2013 at 12:00 noon at statutory and otherwise, homestead and plat; any unpaid taxes; any restrictive be applicable; any statutory rights Munford, Tennessee 38058 the North entrance of the Tipton County dower are expressly waived in said Deed covenants, easements, or setback lines of redemption of any governmental This sale is subject to all matters Courthouse, Covington, TN pursuant to of Trust, and the title is believed to be that may be applicable; any statutory agency, state or federal; any prior liens shown on any applicable recorded Deed of Trust executed by P. W. Reed good, but the undersigned, will sell and rights of redemption of any governmental or encumbrances as well as any priority plat; any unpaid taxes; any restrictive and Dessie G. Reed to Charles M. Ennis, convey only as Substitute Trustee. agency, state or federal; any prior liens created by a fixture filing; and to any covenants, easements, or setback lines Trustee, recorded at Book 1193, Pages This is an attempt to collect a debt or encumbrances as well as any priority matter that an accurate survey of the that may be applicable; any statutory 303-312, and conducted by Clifton E. and any information obtained will be created by a fixture filing; and to any premises might disclose. In addition, the rights of redemption of any governmental Darnell, Substitute Trustee, all of record used for that purpose. matter that an accurate survey of the following parties may claim an interest in agency, state or federal; any prior liens in the Tipton Co. Register’s Office. Clifton E. Darnell, Substitute Trustee premises might disclose. In addition, the above-referenced property: Gregory or encumbrances as well as any priority Owner of Debt: Patriot Bank Oct. 18, 25, Nov. 1, 2013 Fin11639 the following parties may claim an inter- A. Smith, Tiffany L. Smith, created by a fixture filing; and to any est in the above-referenced property: If the United States has any lien or matter that an accurate survey of the Christopher Lynn Carter; Christina M. claimed lien on the property, notice premises might disclose. In addition, the Alsip; Christina M. Alsip; Christopher required by 26 U.S.C. § 7425(b) to be following parties may claim an interest The Memphis News -Call 683-NEWS Lynn Carter given to the United States has been in the above-referenced property: Kelly 30 October 18-24, 2013 www.thememphisnews.com

opinion Cherish Garden’s Success Top Twitter Turnoffs Through New Seasons Twitter users often make a split-second users will see your last decision whether to follow you, which two tweets. If you means you have to make a positive first appear to have an ur landmarks are the garden a place for their times. impression to gain new followers. automated service changing. It can always be an important and tweeting on your Before you enduring confirmation of our place in While some prospective followers may behalf or seem void rally the troops, the world. So often that place is defined click to see your full profile, the lion’s share of original thought, book a court date, in trade figures, cargo tonnage at our make their determination based solely on you’re less likely to summon outrage ports and our airport, the gross domes- your summary screen – your personal ava- tar, the background image you’ve selected, get followed. Lori turner- or giveO a sigh of inevitability, this is a tic product. The Botanic Garden offers wilson good thing. Our context is the 60th a more human perspective on that. your bio, your location, the Web address you If you have guerrilla sales anniversary of the Memphis Botanic It was about a year ago that three choose to promote and your stats. Featured a third-party and marketing Garden, which began with 2,500 do- new Yoshino Cherry trees were planted stats include the number of tweets you’ve program set up nated iris rhizomes in 1954 under the in the Japanese garden, direct descen- made since creating the profile, the number to automatically send a promotional direct name Ketchum Memorial Iris Garden. dants of the cherry trees along the Tidal of Twitter users you’re following, and the message to any new follower, there’s a good Much has happened since then and the Basin in Washington. With that gift, 10 number following you. Since this is all most chance you’re going to get unfollowed fast. garden reflects not only how we have more cherry trees for other parts of the users will ever see about you before decid- No one likes spam. Even an auto message changed as a city but how institutions garden as well as the city were donated ing whether you’re “follow-worthy,” make that thanks someone for following you and like civic gardens can struggle to keep by Chihiro Kon of Hokkaido, Japan, each element count and be sure to avoid encourages them to visit your website is their relevance and their support. who came to Memphis last fall to mark these top Twitter turnoffs. promotional and considered by many inap- Plants and trees and tranquility the donation. But more importantly One of the fastest ways to turn off a po- propriate. aren’t as easy as they might seem. But she came to visit her daughter, son-in- tential follower is by not uploading a photo Your bio can only be three lines long, so the effort is worth it to continue the law and granddaughter living on Mud of yourself for your avatar, which leaves the it better be power packed and show your evolution of this place, to watch the Island, where several of the donated default Twitter “egg” as your image. Us- personality. If your bio bores a user, they’ll seasons change in solitude or celebrate trees were also placed. ers want to get a quick snapshot of your have trouble imagining that your tweets will them in gatherings, like the annual What prompted her gift was personality when viewing your profile. Since have much more to offer. concert series that is about to get a the memory and desire to sustain a your avatar is so small, be sure the photo is permanent stage. As the years move on, memory of kindergarten children she If the number of people you follow just a headshot where your face is clearly the elements of the gardens will change led in Japan who each year would plant is significantly higher than the number visible, even on a small, mobile screen. continually. The changes beyond the the trees. She wanted her family in a following you, your profile may look like a seasons reflect the changes of who we far away place to see the trees in their Are you an over-tweeter? Twitter is spam account. If you’re new to Twitter, pace are as a city. Someday the tried and true daily life. Others, of course, see the trees roughly seven years old. If you created your yourself and resist the temptation to over- tunes that are a staple of the concert and bring their own memories and profile on day one and tweeted five times follow before you create a decent following series will seem quaint and of another associations. And someday a grand- a day ever since, you will have sent about of your own. era. And maybe those who come to the mother who has grown up with her 12,000 tweets. If your count is 100,000, Lori Turner-Wilson is an award-win- garden then will see old photos and own childhood memories of the cherry some followers may question following you ning columnist and CEO/Founder of Re- marvel at how informal or formal we blossom trees here will give a similar for fear you’ll clog up their feed. In contrast, dRover, a sales training and marketing firm were back at the start of the 21st cen- gift somewhere else in the world. That if you’ve sent only 20 tweets and are follow- based in Memphis, www.redrovercompany. tury and what came after our time – our is how landmarks are built and endure ing thousands, you might be viewed as a com. You can follow RedRover on Twitter season, if you will. even when their foundations shift, their social stalker. (@redrovercompany and @loriturner) and And hopefully they will have made walls crumble and the seasons change. When viewing your summary profile, Facebook (facebook.com/redrovercompany).

We Have to Talk – or Risk the Extremists Doing it for Us

wall in Paraguay. Ameringer side – am no longer welcome to play “Politicians are the same all over. We did this, not them. They’ve unless I toe the line – blaming Obama They promise to build a bridge where always told us what we wanted to hear for everything from missed putts to Ke- there is no river.” That’s from Khrush- – the opportunistic junior senator from nyan dominance in long distance races, chev. Wisconsin about the communists under looking reverently skyward whenever While our opinion of our politicians the bed in the fifties – the opportunistic the name Reagan is mentioned. I’m not MEMPHASIS dan conaway has reached the level they’ve truly junior senator from Illinois about hope a good at toeing lines but, fortunately, I’m earned – the lowest in history – the cost few years ago – the opportunistic junior not good at golf either so I’m saving on THE CYNICAL TRUTH IS, WE JUST of that disgust it is not borne by them. senator from Texas about healthcare lost balls and bets. CAN’T TALK ABOUT IT. Like the proverbial cockroach, they’ve bogeymen a few weeks ago – but if we I miss those guys. I miss when we Cynicism about politicians isn’t new. been here forever and can survive any- don’t believe the crap, it remains just laughed a lot, able to kid and poke at “We hang the petty thieves and thing, feeding on whatever’s left. But in that. the stuff friendships are made of over appoint the great ones to public office,” this particular slimy cycle, they’ve cost “Practical politics consists in ignor- decades, and when anger was directed Aesop, 2,500 years ago. us our discourse. ing facts.” – Henry Brooks Adams at the flight of the ball not at the course “Among politicians the esteem of We no longer talk to different people Trouble is, we’re believing it. Lapping of the conversation. religion is profitable; the principles of it about different things; we talk at each up extremist rhetoric with such fervor I, in fact, miss conversations. are troublesome,” Benjamin Whichcote, other about the same things – surer that even Jim Jones would be impressed I’m a Memphian, and when we let 400 years ago. and surer of ourselves. We no longer talk we didn’t ask what was in it. Following extremists talk for all of us, all of us are “In politics as on a sickbed men toss to people different from us; we talk to petty demagogues off cliffs so blindly to blame. from side to side in hope of lying more people just like us – ever louder in our that lemmings are getting jealous. comfortably,” Goethe, 200 years ago. echo chambers. “A politician is a fellow who will Dan Conaway is a lifelong It’s universal. “Politics is the gentle art of getting lay down your life for his country.” – Memphian, longtime adman and “We have two types of politicians, votes from the poor and campaign Texas Guinan aspiring local character in a city the incapable and those capable funds from the rich, by promising to Even my golf group has become known for them. Reach him at dan@ of anything.” That was written on a protect each from the other.” – Oscar so polarized I – alone on the cart’s left wakesomebodyup.com. www.thememphisnews.com October 18-24, 2013 31

2013 SEMINAR SERIES 2013 SEMINARCOMMERCIAL REAL ESTATE SERIES REVIEW COMMERCIALTHURSDAY, NOVEMBER REAL ESTATE7th, 2013 REVIEW 3:00PM – 5:00PM, Brooks Museum Of Art Auditorium Evans Petreepc 1934 Poplar Ave • Memphis,A T T O R N E Y S A T L A WTN 38104

SPONSORED BY: Evans Petreepc A T T O R N E Y S A T L A W

THE 2013 COMMERCIAL REAL ESTATE REVIEW & FORECAST will provide an overview of commercial real estate trends both locally and nationally. This seminar will focus on four sectors of the commercial real estate industry – offi ce, industrial, retail and multi-family. Presentations by industry leaders will reveal how each sector has fared in 2013 and what to expect in 2014.

PRESENTATIONS BY:

OFFICE REAL ESTATE MULTI-FAMILY REAL ESTATE SIOR -Cushman & Wakefi eld WYATT AIKEN, Commercial Advisors BLAKE PERA, CCIM - CB Richard Ellis COO / Executive Vice President Executive Vice President

INDUSTRIAL REAL ESTATE RETAIL REAL ESTATE BRAD KORNEGAY, Colliers International JASON POLLEY, Stonecrest Investments President Managing Leasing Director

NETWORKING RECEPTION TO FOLLOW

ONLINE REGISTRATION OPEN SEMINARS.MEMPHISDAILYNEWS.COM

PRESENTED BY THE DAILY NEWS PUBLISHING CO. 32 October 18-24, 2013 www.thememphisnews.com

There’s No Place Like RONALD McDONALD HOUSE

October 31 & November 1

www.RadiothonOnlineChallenge.com