September 14-20, Vol. 5, Issue 38 28 Arts & Entertainment Cooper-Young Festival »celebrates 25 years of fundraising, music, food, arts and more. More than 120,000 visitors are expected at the daylong event.
In remembrance: school board looks to inconvenient circumstances: Events across city last week pay As countywide school board members elected Aug. 2, along with two tribute to those who made ultimate members appointed last week, take oaths of office, the group looks to sacrifice on Sept. 11, 2001. » Page 10 what one member called inconvenient circumstances. » Page 11
SPECIAL EDITION : SMALL BUSINESS PERSPECTIVES
Growth opportunities explored for area's small business community BUILDING BUSINESS Pages 14-23
Photo: Lance Murphey Participants from area high schools attend the 2012 Economic Development Forum. The forum was produced by the Mid-South Minority Business Council Continuum and the U.S. Department of Commerce. Attendees learned about shifting demographics and the business vision for when that occurs.
6 Opera Memphis Approaches Season Opera Memphis is kicking off the 2012-2013 season with a month-long event called 30 Days of Opera. The organization will present free performances throughout the city.
DAILY DIGEST: page 2 financial services: page 8 small business: page 12 newsmakers: page 29 Editorial: page 34
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Ex-Stanford Executive ship of cricket tournaments. Authorities said levels. Low rates have also allowed people others called “Preparing To Excel.” Stanford and others in his companies lied to refinance, which lowers monthly mort- It is an effort to connect exhibits in the Gets Three Years for Swindle to investors from more than 100 countries, gage payments and helps boosts consumer museum on the civil rights movement to A top executive in the now-defunct telling them their funds were being safely in- spending. contemporary discussions about education empire of disgraced Texas financier R. Al- vested in stocks, bonds and other securities. To calculate average rates, Freddie Mac reform and education equity. len Stanford was sentenced to three years Pendergest-Holt, 38, a native of Bald- surveys lenders across the country on Mon- The museum has been working for in prison Thursday, Sept. 13, for her role in wyn, Miss., was the first person indicted day through Wednesday of each week. several years to more actively engage visi- helping the once jet-setting businessman in the case. Prosecutors said she and other The average does not include extra fees, tors, especially younger visitors. The efforts bilk investors out of more than $7 billion executives conspired to hide the bank's true known as points, which most borrowers through the website, www.civilrightsmuse- in one of the biggest Ponzi schemes in U.S. financial health and provide misleading must pay to get the lowest rates. One point um.org, are also an effort to engage those history. testimony to the SEC in 2009 when it was equals 1 percent of the loan amount. planning a visit or who have never been to Former Stanford chief investment officer investigating Stanford's bank. The average fee for 30-year loans was the 21-year-old museum. Laura Pendergest-Holt's sentence was part 0.6 point, down from 0.7 point the previous As part of the “Equity in Education” ex- of a plea agreement reached with federal week. The fee for 15-year loans was changed hibit, tour guides of the exhibits also offer prosecutors. She had pleaded guilty in June at 0.6. information about parts of the civil rights to one count of obstruction of a U.S. Securi- 30-Year Mortgage Rate The average rate on one-year adjustable movement that involved education issues. ties and Exchange Commission proceeding Stays at 3.55 Percent rate mortgages was steady at 2.61 percent. The effort includes some new temporary in exchange for the sentence. The fee for one-year adjustable rate loans placards that include information about the Pendergest-Holt was a fixture in the The average rate on the 30-year fixed also was unchanged, at 0.4 point. education theme. company’s East Memphis office. At one time, mortgage held steady last week, staying The average rate on five-year adjustable she supervised a group of Stanford analysts slightly above the lowest level on record. rate mortgages fell to 2.72 percent from spread from Memphis to Tupelo, Miss., to St. Low mortgage rates have aided a modest 2.75 percent. The fee declined to 0.6 point Croix in the U. S. Virgin Islands. housing recovery. from 0.7. Paradigm Marketing After U.S. District Judge David Hittner Mortgage buyer Freddie Mac said Thurs- Opens Dallas Location handed down the sentence he revoked Pen- day, Sept. 13, that the rate on the 30-year dergest-Holt's bond, and she was taken into loan was unchanged at 3.55 percent. In July, Memphis-based firm Paradigm Market- custody. She waved to her husband Jim Holt the rate fell to 3.49 percent, the lowest since Civil Rights Museum Gets ing & Creative has opened a satellite office before she was put in handcuffs and taken long-term mortgages began in the 1950s. Social Media Upgrades in Dallas in an effort to expand its business from the courtroom by federal marshals. The average on the 15-year fixed mort- and gain clients in a growing market area. Prosecutors said Stanford, 62, used gage, a popular refinancing option, slipped The National Civil Rights Museum is The majority of Paradigm’s clients come the money from investors who bought to 2.85 percent, down from 2.86 percent the upgrading its website and social media pres- from the areas of real estate and develop- certificates of deposit from his bank on the previous week. That's above the record low ence with a $549,547 grant from the Bill and ment, hospitality, medical, biosciences and Caribbean island nation of Antigua to fund of 2.80 percent. Melinda Gates Foundation. other service-related industries. The firm, a string of failed businesses, bribe regulators Cheap mortgages have helped lift the With the more robust presence on housed at 8275 Tournament Drive in South- and pay for a lavish lifestyle that included housing market. Sales of new and previously Facebook and Twitter, the museum will also wind Office Center B, collaborates mainly yachts, a fleet of private jets and sponsor- occupied homes are well above last year's launch a discussion in those forums and with business-to-business companies.
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Allen Bussell, Paradigm project manager who has been part of the team since 2004, will manage the Dallas location. Allen lived in Texas previously and has had his eye on FROM THE BLOG expanding into the market for the past few years. Paradigm is a full-service, boutique mar- Chef Kelly English Expresses Excitement About keting agency that was founded in 1992. The Overton Square’s ‘Charming Neighborhood’ agency has provided services to markets in 34 states and 10 countries. This year marks Paradigm’s 20th anniversary of business. Editor’s Note: “From the Blog” is a weekly weekend visit to Memphis, English was enjoying feature that highlights some of the enterpris- brunch with his father-in-law at Café 1912. That’s ing work our staff and contributors post on The when owner Glenn Hays heard English talking Pinnacle Dispatchers Daily News blog, blog.memphisdailynews.com. about what he did for a living. Ratify New Contract “He asked me if I knew anybody that was
Union dispatchers for Memphis-based SARAH BAKER | The Memphis News interested in looking at a restaurant that he had,” Pinnacle Airlines Corp. have ratified a new English said. “I was really happy working where contract agreement with the regional air I was, but of course I wanted to take a look. We carrier. he Sept. 6 edition of The Daily News explored The vote by members of the Transport Tthe revitalization of Overton Square from the walked over to La Tourelle, and being a New Workers Union of America was tallied Aug. existing tenant’s perspective, including that of Orleans boy, the first thing I saw was the stained 31 and announced Tuesday, Sept. 11, by the glass fleur-de-lis. I said, ‘oh my goodness, we’re company. Kelly English, chef-owner of Restaurant Iris. Pinnacle executives are renegotiating While it’s clear he’s “fired up” about the uptick in big trouble.’” their collective bargaining agreements with in traffic, perhaps taking a step back and explain- After touring the space, English then walked all of the airline’s employee unions after the out front to find a rainbow over what is now Play- company’s first bankruptcy reorganization ing how he got started in the space at 2146 Mon- plan from April was scrambled in June. The roe Ave. will shed new light on his excitement. house on the Square. initial reorganization plan was scrapped English and his wife (a native Memphian) after Delta Air Lines won union agreements For the full blog entry, visit blog.memphisdai- with its pilots that allow Delta to fly fewer were living in New Orleans, not too far away of the 50-seat regional jets sooner that Pin- from his hometown of Baton Rouge. During a lynews.com nacle flies for Delta under contract. The new contract with the dispatchers
No other Memphis-based CPA firm has a longer legacy of providing accounting, tax and advisory services to the Mid-South community.
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remains tentative until it is approved by a sociation, the organization that hosts South Rosemary Beach, Fla., in five days. Chandler Reports bankruptcy court judge. Main Art Trolley Tours, which supports local Coordinated by the Wolf River Racing Debuts Pulse Report The new and tentative reorganization artists. The auction item piece will be used in Team, the Wings Ride Team includes team plan outlined by Pinnacle CEO John Span- marketing materials to promote the event. leader Dr. Todd Tillmans, Brian Eason, Real estate information company Chan- jers in August called for 6 percent pay cuts Artists that applied to Unveil Downtown Chuck Bolton, Jim Wilder, Keith Merriman, dler Reports is premiering a new compli- for employees, a cut in paid vacation time are eligible to apply to Unveil South Main. Jim Lenschau, Tom Nicholls, John Kakales, mentary report called the “Pulse Report,” by one week and a smaller company match For online artist submission form, guidelines Bryon Jones, Jon Ewing, Brad Adkins, Ben which will provide a monthly snapshot of in 401(k) retirement plans to take effect and details about the event, visit Unveil- Pope, David Jones and Clark Butcher. local market trends. next year. SouthMain.com. Derived from Chandler Reports’ exten- sive Market Trends reports and public record information from The Daily News, the “Pulse Snow Appointed Report” offers a comprehensive overview of ‘Unveil South Main’ Artwalk Wings Ride Team to Cycle To Industry Committee residential and commercial sales activity, Calls for Regional Artists For Cancer Funds, Awareness foreclosure analysis, new housing trends Danny Snow, managing director of and mortgage activity. Twenty artists will be selected from The Wings Ride Team will depart Sept. 28 CBIZ MHM LLC, has been appointed by Readers can subscribe to the Pulse Re- across the region to exhibit in 20 spaces in at noon on a 500-mile charity cycling event the American Institute of Certified Public port on Chandler Reports’ website, www. the South Main Historic Arts District for 20 to promote cancer awareness, encourage Accountants to its tax executive committee. chandlerreports.com. days as a part of “Unveil South Main” – an healthy lifestyles, and raise funds for Wings Snow manages the tax services practice A division of The Daily News Publishing artwalk taking place Nov. 30 through Dec. Cancer Foundation’s Wellness Program. of CBIZ and has more than 30 years of public Co. Inc., Chandler Reports has been provid- 19. The deadline for artist submissions is Wings Cancer Foundation is a Memphis- accounting experience. ing local real estate data since 1968. Friday, Sept. 21. based nonprofit whose mission is to provide He previously served on the AICPA’s IRS The event, produced by the Downtown hope, education, research and support, free practice and procedures committee and Memphis Commission, brings together of charge, to anyone touched by cancer. served as chairman for that committee from regional artists, locally owned Downtown According to a recent American Can- 2009 to 2010. Law School Hosts businesses, and the city’s first official arts cer Society report, cancer patients who Snow also serves on the Tennessee So- Civility Forum district, South Main. eat right, exercise regularly and maintain ciety of CPAs’ Federal Taxation Committee. Selected artists will display eight to 10 a healthy weight improve their chances He also is a member of the Memphis Estate The Tennessee Bar Association and the pieces of their original work at selected of survival. The Wings Wellness Program Planning Council, Tax Watch, and Rotary University of Memphis Cecil C. Humphreys South Main District merchants and res- promotes a healthy lifestyle for cancer Club of East Memphis. School of Law will host a public forum next taurants. Artists will be allowed to keep 100 survivors who have completed treatment week dealing with free speech and civility in percent of sales from artwork sold during through exercise classes and monthly well- public policy debates. the event. ness seminars. The forum Tuesday, Sept. 18, will run Selected Unveil South Main artists will The 14-member Wings Ride Team will Metso to Expand from 7 p.m. to 8:30 p.m. in the law school’s create an original piece that will be a part of depart from The West Clinic, 100 N. Hum- Clarksdale Operations Wade Auditorium. a silent auction to benefit the South Main As- phreys Blvd., with the goal of reaching The event is the first in a series of three Finland-based Metso Corp., a supplier discussions across the state designed to of technology and services to customers encourage a public conversation about the in the process industries, is expanding tensions between civility and free speech. operations at its Clarksdale, Miss., facility It will focus on how these issues play out in to increase its conveyor component manu- public policy debates, and the program will facturing operations. use the current school consolidation effort in Metso is investing $4 million in the Memphis and Shelby County as a case study. project and plans to create 30 to 50 jobs; More information about the Tennessee the Clarksdale facility currently employs 61 Bar Association or the Memphis forum is workers. The investments will strengthen available from Stacey Shrader at 615-383- Metso’s services business capabilities for its 7421 or [email protected]. mining and construction customers. The Mississippi Development Author- ity provided assistance in support of the project to help Metso move equipment Mid-South Fair to the Clarksdale facility. Additionally, the Begins Sept. 21 agency provided assistance for renovations to the Clarksdale facility and for workforce The Mid-South Fair will be held Sept. 21- training. 30 at the Landers Center in Southaven, and Metso employs 30,000 workers in more this year’s theme will be “Making Memories.” than 50 countries. Mid-South Fair President Mike McGee
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says this year’s fair will include entertain- is based on a global survey of MSPmentor ment, rides, food and the fair’s 59th annual site readers conducted from May through Youth Talent competition, which he says is July. The MSPmentor editorial staff also the oldest amateur youth talent competition weighed in with nominations, based on in the country. the team’s daily coverage of the managed The fair is a nonprofit organization gov- services market. erned by a board of directors. MasterIT provides fixed-fee technology Since 2001, the fair has given out $64,000 solutions for small- to medium-sized busi- in educational scholarships for excellence in nesses in the Memphis area. youth talent, creative arts and agriculture. The Mid-South Fair this year plans to give back to the community by supporting the Memphis Child Advocacy Center and Mid- MAAR Elects Six Board South Food Bank. Members at Annual Meeting In addition, local churches can ask their members to bring a current weekly bulletin Members of the Memphis Area Associa- or offering envelope, which include the tion of Realtors elected six individuals to the church’s name and address, to the fair to 2013-2014 board of directors at its annual receive $1 off a single adult admission. The meeting and election Sept. 6. fair will then donate $1 back to their church They are: 2013 director/2014 vice presi- youth program when the fair ends. dent Patty Rainey of Crye-Leike Inc. Realtors; 2013-2014 directors Cassandra Bell-Warren of 4 Success Realty LLC, Allen Green of John Green & Co. Realtors, Joe Steffner of Grubb ‘Behind the Headlines’ & Ellis/Memphis, and Hank Hogue of Crye- Changes Broadcast Time Leike; and 2013-2014 associate director Jason Gaia of Prudential Collins-Maury Inc. LEADERSHIP “Behind the Headlines,” the WKNO-TV They will join the current board mem- show hosted by Eric Barnes, publisher of bers who will continue to serve in 2013: The Daily News and The Memphis News, president Regina Hubbard of ERA Legacy MEETS INNOVATION. is moving to a 7 p.m. airing on Channel 10 Realty; vice president John Linthicum of starting Sept. 21. Crye-Leike; directors Sam Zalowitz of Za- The program, which recently shifted to lowitz Commercial Realty, Jo Walker-Payton an interview format with local newsmakers, of BenchMark Bartlett Realtors, and Tom will also have an additional airing Fridays at Murphree of Hackmeyer Realty; and as- 7:30 p.m. on WKNO2. sociate director Claire Owen of Crye-Leike. "Behind The Headlines" also airs on WKNO-TV at midnight Friday and again Sundays at 8:30 a.m. Building Trades Specialist – Town The program began production in Sep- of Collierville - This position per- tember 2010. forms skilled manual multi-trades work in the repair, maintenance, replacement and general upkeep of Town buildings in the areas of MAAR Reports environment, safety, security and August Home Sales related systems. Requires high The 2nd Annual Memphis school diploma or GED; supple- Memphis-area home sales for August mented by previous training in jumped 14.2 percent from a year ago, with Research and Innovation Expo HVAC repairs, and electrical and 1,514 total sales recorded in the Memphis plumbing repairs; supplemented Area Association of Realtors MAARdata Hear keynote speaker, General Stan McChrystal, and by three (3) years previous experi- property records database. share ideas with other local leaders like yourself. Total sales increased 9.3 percent from ence and/or training involving facil- July. Average sales price year over year was ity maintenance operations work, Meet the area’s top researchers from the University of up 1.5 percent at $128,472. or any equivalent combination of Memphis and local research-oriented companies. Check education, training, and experi- Inventory declined 1.2 percent, with out over 25 exhibits, including a handheld pocket radar, 7,522 units listed for sale. Sales volume year ence which provides the requisite to date increased 18.2 percent to $1.3 billion. knowledge, skills, and abilities for research on invasive beetles, studies of obesity and its “Sales were pretty robust in August,” this job. Electrical license, HVAC effect on joints and spinal implants, and an analysis of license with boiler attachment, MAAR president Carol Lott said. “But the sports-related concussions in adolescents. better indicator is that we are well ahead in plumbing license, and knowledge sales and sales volume year-to-date. That’s of fire alarm maintenance/suppres- encouraging for the market.” sion preferred but not required. Seating for General McChrystal’s presentation is The database includes records of all Valid Motor Vehicle Operator’s limited. He will speak in the Zone at 9:30 a.m. Parking License at the time of hire. property transactions in Shelby, Fayette and is available, for a fee, in the Innovation Drive Garage, Tipton counties. Salary range is $29,978.00 - across from the FedEx Institute. $49,395.00 (DOQ) annually plus full benefits package. Applications Thursday, September 27 may be obtained at the Human MasterIT Chairman, CEO 9 a.m. - 3 p.m. Honored on Industry List Resources Department, 500 Poplar View Parkway, Collierville, Tennes- FedEx Institute of Technology on the J. Michael Drake, chairman and CEO of see, 38017, M-F. Applicants must University of Memphis Campus masterIT, was selected for Nine Lives Media’s fill out the official Town of Collier- Admission is FREE fifth annual MSPmentor 250. ville application to be considered memphis.edu/fedex | 901.678.5105 The list identifies the world’s leading for this position. Applications and managed services provider executives, resumes are subject to disclosure. entrepreneurs, experts, coaches and com- This position will remain open until munity leaders. September 28, 2012. EOE The fifth annual MSPmentor 250 report 6 September 14-20, 2012 www.thememphisnews.com contributors September 14-20, VOL. 5, NO. 38 news
ARTS
President & CEO Opera Memphis Peter Schutt bill dries Senior Reporter General Manager Emeritus Government, Transportation/Distribution/Logistics, Ed Rains Education, Manufacturing, Agribusiness Approaches Fall Season 528-5277 | [email protected] Publisher Eric Barnes SARAH BAKER | The Memphis News Associate Publisher & Executive Editor James Overstreet
Managing Editor Lance Allan Wiedower happening Sept. 30 at Opera Memphis, 6745 Wolf River Deputy Managing Editor Parkway, during which two Eric Smith andy meek children’s opera shows will Associate Editor Senior Reporter be performed. “It’s just a great, inex- Kate Simone Banking/Financial Services/Accountants, Markets & Economy, Economic Development, Small Business, Attorneys/Courts/ pensive way for any family Pressman Civil Litigation that wants to get their kids 528-5279 | [email protected] Cedric Walsh exposed to opera,” Canty
Pressman said. Canty was recruited Pete Mitchell to Memphis in December Graphic Designer & Photo Editor 2010 to lead Opera Mem- Brad Johnson phis, now in its 56th year as a local nonprofit. Now in Graphic Designer & Illustrator his second season, Canty is Emily Morrow reinforcing his mantra that Graphic Designer a great city deserves a great SARAH BAKER Yvette Touchet REPORTER opera company. “We think of this hope- Senior Production Assistant Commercial and Residential Real Estate, Architects/Engi- fully as our gift to the city,” Sandy Youngblood neers/Construction, Advertising/PR/Media, Tourism/Hospi- tality, Food/Restaurants Canty said. “The city sup- Production Assistant 521-2464 | [email protected] ported us for more than half Laurie Beck a century, and we want to make sure that we’re always Administrative Specialist thinking about new ways to Marsha Payne Photo: Courtesy of Opera Memphis give back to the city.” Sarah Shafer making her Memphis debut in "Elixir of Senior Account Executive The season’s first regular Love," which will hit the stage in February. Janice Jenkins season production will be Giacomo Puccini’s classic Account Executive pera Memphis will soon “turn the “La Boheme” at Germantown Performing Robin Bender opera house inside out” as it kicks Arts Centre, Nov. 9 and Nov. 11. AISLING MAKI off its 2012-2013 season. “If you see one opera in your lifetime, Advertising Director REPORTER O Saturday, Sept. 15, marks the first day make it this one,” Canty said. Don Fancher Health Care & Biotech, Nonprofits, Retail, Features of a brand new, month-long event called Opera Memphis’ second production, 528-8622 | [email protected] Business Development Manager 30 Days of Opera. Every day until mid-Oc- also at Germantown Performing Arts Cen- Patricia McKinney tober, Opera Memphis will be presenting tre, is Gaetano Donizetti’s “Elixir of Love,” free performances throughout the city. Feb. 2 and Feb. 5. Canty himself will direct Director of Marketing & Circulation Opera Memphis general director Ned this Old West-themed production. Donna Waggener Canty said the inspiration behind the con- The season peaks with the inaugural Controller cept is an initiative called National Opera Midtown Opera Festival at Playhouse on Pam Mallett Week. That’s when Opera America asks all the Square April 4-7. The productions – all of its member companies during one par- regional premieres – will include “micro- ticular week in the fall to hold at least one operas” performed in unexpected places, free event sometime during that week. “pay-what-you-can family operas” and LANCE MURPHEY PHOTOGRAPHER “Of course, why do seven days when meet the artist events. you could do 30 days?” Canty said. “I Comparing it to renowned opera com- To reach our editorial department, e-mail: Weekly features, spot news [email protected] mean, that’s the Memphis way, right? If pany the Metropolitan Opera, Canty calls or call: 901-523-1561 [email protected] seven days is good, 30 days has got to be Playhouse on the Square the best venue in Published by: better.” the city for acoustics. THE DAILY NEWS PUBLISHING CO. 193 Jefferson Avenue A good portion of Opera Memphis’ “The people who handle the acous- Memphis, TN 38103 energy and effort will be to bring opera to tics at Playhouse did the acoustics for P.O. Box 3663 Memphis, TN 38173-0663 where people eat, shop and work – venues the Seattle Opera House,” Canty said. “So Tel: 901.523.1561 like Memphis Farmers Market, South Main they know what they’re doing, A, and B, Fax: 901.526.5813 www.memphisdailynews.com The Daily News is supportive, including in Art Trolley Tour, Rhodes College, Memphis it’s one of the quietest spaces in the city some case being on the boards of, the following Botanic Garden, Shelby Farms and Court for performance. The way that the sounds The Daily News is a general interest organizations: Literacy Mid-South, Grace St. newspaper covering business, law, Luke's Episcopal School, Wolf River Conservancy, Square. blend, the way that the acoustics work is government, and real estate and Ronald McDonald House, Great Outdoors “I think there is spontaneity to that going to be the purest sound that you can development throughout the Memphis University, Tennessee Wildlife Federation, metropolitan area. Temple Israel, St. Jude's, St George's Independent kind of thing,” Canty said. “We’ve done a get anywhere in the city.” The Daily News, the successor of the Schools, Shelby Residential & Vocational few things like this with the Downtown Venues like Playhouse and German- Daily Record, The Daily Court Reporter, Svcs, Shelby Farms Park, Calvary & The Arts, and The Daily Court News, was founded Bridges, Boys & Girls Club of Greater Memphis, Memphis Commission with Downtown town Performing Arts Centre also provide in 1886. Binghampton Development Corporation, U of Alive and people’s response is always so a sense of intimacy, which is a change of AUDIT PENDING M Journalism Dept., Chickasaw Council Boy Scouts, Memphis Leadership Foundation, Junior positive and so fantastic. It’s like they’re pace from Opera Memphis’ long history Achievement, Overton Park Conservancy, getting this little free event that nobody at The Orpheum Theatre Memphis. Canty The Cotton Museum and WKNO. was expecting.” compares the experience to that of movie- There’s also Family Day at the Opera, theater goers. www.thememphisnews.com September 14-20, 2012 7
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education Luttrell: Merger Must Move Faster
BILL DRIES | The Memphis News Memphis News, can be seen on The Daily Luttrell is among those on the consoli- the county then why not. But if it’s going News Online, www.memphisdailynews. dation planning commission who have to increase our debt then it’s going to be a com. been vocal about the need for the school battle for all of us in a variety of ways.” “The school board is a very fluid in- board to appoint a merger superinten- Luttrell also said he intends to cam- helby County Mayor Mark Lut- stitution at this point, which troubles me. dent as soon as possible and act quickly paign against the countywide half-cent trell says the countywide school Consistency … is very difficult to obtain,” one way or another on the merger recom- sales tax hike on the Nov. 6 ballot. Luttrell Sboard isn’t moving fast enough on Luttrell said of the 23-member school mendations of the planning commission. vetoed the ballot question resolution the transition to the August 2013 merger board. Luttrell also added that moving quick- approved by the Shelby County Commis- of Shelby County’s two public school “It is what it is and we’ve got to deal ly to freeze attendance zone boundaries sion last month on questions of political system. with as best we can. There still can be for schools wherever possible for the first timing. “I’m not satisfied at this point,” Lut- some tough decisions made with the two years of the merger would help ease “I want to look at how progressively trell said recently on the WKNO television proper leadership within the school the anxiety of parents about the coming the (school board) has addressed the program “Behind The Headlines.” board to really move us along this process merger. planning commission’s recommenda- The show, hosted by Eric Barnes, as quickly as we should. We’re kind of off He suggested there might be some tions,” he said. “And if I see that they have publisher of The Daily News and The of our timetable already.” move in that direction and to decid- exerted political will, that they’ve made ing how schools buildings might be the tough decisions and that they still transferred once there is a ruling in the have a need then I would very strongly pending Memphis federal court case on advocate for the money it takes to sup- municipal school districts. port the system. But we haven’t come to CONSTRUCTION “Then we need to define attendance that point yet.” zones and really start looking at the uti- If the countywide sales tax hike fails lization of the buildings,” Luttrell said as at the polls in November, a sales tax hike Construction Industry he voiced his belief that a merged school question couldn’t go to voters for another system and municipal school districts in year. the suburban towns and cities can coex- But Luttrell said there are several To be Honored ist. “I’ve consistently taken the position other possibilities and possibly a combi- that if the school system can afford to nation of revenue measures that he might give the buildings to the municipalities recommend in the spring for additional SARAH BAKER | The Memphis News without incurring any additional debt to school funding.
he largest commercial and indus- mercial and industrial sectors; emerging trial construction association in technology; masonry; mechanical for T West Tennessee is preparing for commercial and industrial sectors; met- TH its annual celebration recognizing the als; interiors; sitework, landscape and DATE: THURSDAY, SEPT 27 11:00AM quality and innovation of merit shop hardscape; thermal and moisture protec- construction. tion; and other specialty construction. SITE: CRYE-LEIKE REGIONAL HDQTRS. West Tennessee Chapter of Associ- West Tennessee Chapter of Associ- 6525 QUAIL HOLLOW RD (4TH FLOOR) • MEMPHIS, TN 38120 ated Builders & Contractors’ Excellence ated Builders & Contractors has been in Construction Awards are set for around for 36 years. Currently, the chap- Thursday, Sept. 20, at 6:30 p.m. at the ter has 196 members. Since the reces- Pink Palace Museum, 3050 Central Ave. sion began, it has lost approximately 13 The awards honor all members of the percent of its membership. team responsible for the projects, from It’s a reality that the construction contractors to subcontractors, suppliers industry is facing across the board. to owners, and engineers to architects, “For now, the U.S. economy and non- said chapter president Erin Murphy. residential construction sector appear “The program serves to raise the level to be in a holding pattern,” ABC chief of construction standards throughout economist Anirban Basu said in a recent the industry by recognizing the work- construction spending report. manship of those who contribute and by Murphy said acknowledging note- showcasing the results of their dedica- worthy projects amid a sluggish econo- tion,” Murphy said. “The Excellence in my is essential. Construction award is one of the highest “For an extremely low expense, honors any contractor can receive, and Excellence in Construction allows you it is the only award that recognizes the to publicly acknowledge your craftsmen unique partnership between owner, and supervisors on excellent work- designer and contractor.” manship,” Murphy said. “Submitting a Awards for general contracting and project in the competition allows you to construction management include promote customers, vendors, architects mega-projects; commercial; community and engineers on unique partnerships and public service; federal government developed.” and military; health care; historical For more information on the Excel- restoration and renovation; industrial; lence in Construction Awards, visit 10% BUYERS PREMIUM heavy infrastructure; institutional, pre- www.wtcabc.org or contact Murphy at Property information obtained from Shelby County Public Records. TN#5682 engineered building; public works and 794-9212. All information deemed reliable but not warranted. “Real Estate Auctions - Real Time Results” environmental; renovation; residential; and other construction. As a partner with the Associated Awards for specialty contracting Builders & Contractors, sister publica- and subcontractors include community tion The Daily News will be publishing and public service; concrete; doors and the awards supplement, which will be an windows; electrical for both the com- insert in The Daily News Sept. 21. 8 September 14-20, 2012 www.thememphisnews.com
Methodist Opens financial services Sickle Cell Center Regions Could Be AISLING MAKI | The Memphis News In Shopping Mood
ethodist Healthcare recently opened its Compre- ANDY MEEK | The Memphis News hensive Sickle Cell Center, which it says will deliver Mthe most advanced clinical treatment available for patients with sickle-cell disease, a genetic disorder that affects about one in every 350 African-Americans. Alabama-based Regions Financial could be growing Although most often seen in people of African descent, sickle-cell disease also occurs in people of South or Central he bank with the biggest customer de- also confirmed during an industry presenta- American, Caribbean, Indian, Saudi Arabian and Mediterranean posit share in Tennessee – and the second tion in July that the bank is ready and able to (including Turkish, Greek and Italian) ancestry, according to the Tbiggest in Memphis – may be getting get busy on acquisitions, should possibilities Sickle Cell Disease Association of America. bigger soon. materialize. The association says the inherited blood disorder leads to the That’s according to some of the analysts who Regions also is growing its products and formation of irregularly shaped red blood cells that have diffi- follow Regions Financial Corp., the Alabama- services. culty passing through small blood vessels. based financial services giant that was the last of At the end of the second quarter, for exam- When sickle-shaped cells block small blood vessels, tissue the large banks to get a green light to pay back ple, the bank started a rollout of its new credit may eventually become damaged from a lack of normal blood its Troubled Asset Relief Program investment card product line and its enhanced Relationship flow, leading to the complications of sickle-cell disease. from the federal government. Rewards program. It’s also even adding people The new Methodist Healthcare Comprehensive Sickle Cell Regions also recently put another question here and there. Center will partner with existing resources, such as the Sickle Cell mark behind it via the sale of its Memphis-based “We are continuing to manage efficiency and Foundation of Tennessee, to provide comprehensive, preventa- investment unit Morgan Keegan & Co. Inc. to selectively add to our team,” Regions CEO Gray- tive outpatient disease management for adults and teens. a new owner, Florida-based Raymond James son Hall told analysts in July. “For example, (by) The center’s staff, which is specially trained in sickle-cell dis- Financial. recently hiring additional bankers for growing ease management, will partner with St. Jude Children’s Research Now, Regions might be pulling the trigger on specialized industries. We continue to invest in Hospital staff to provide care to patients older than 17, who are an acquisition or two in the near future. That’s people and technology to build the best founda- transitioning form pediatric care. one thing analysts with the investment bank- tion for delivery and execution of our business Located at 1325 Eastmoreland Ave. in the Medical Arts Build- ing firm Keefe, Bruyette & Woods Inc. took away plans and to take advantage of opportunities ing on the Methodist University Hospital campus, the center – from a recent meeting with Regions manage- present in our markets, and in this economy. Al- led by medical director Dr. Owita Mays and operations manager ment. though economic growth is expected to remain Mark Yancy – operates weekdays from 8 a.m. to 5 p.m. A Regions spokesman had no comment modest over the balance of the year, Regions Methodist Healthcare says the center, which features a spe- about the possibility of an acquisition or merger has levers in place to continue to strengthen our cifically designed nine-chair infusion unit, is the only clinic of its by the bank. financial performance and deliver improved type within a 300-mile radius and one of only a small handful of Regions “will soon be back in the (merg- returns (to) shareholders.” similar centers in the nation. ers and acquisitions) game and could look to Regions will report earnings again in Octo- The center will operate as an outpatient clinic, providing acquire banks, asset generators (i.e., non-banks) ber. preventative health maintenance for sickle-cell disease patients and sees opportunities in mortgage servicing as Even the lowball estimate of the next in a primary care setting, and an infusion unit for sickle-cell pain well,” according to a KBW analyst note. earnings-per-share number from among the 27 crisis management. KBW analysts also recently raised their price analysts covering the stock is almost double last Clinical studies will also be conducted at the center, whose target for Regions from $7 to $8. Regions’ stock year’s number. goal is to enhance the quality of life and reduce hospital admis- price has been trading around the $7 mark for Regions earned $0.08 per share during sion rates for sickle cell patients. the past week or so, and it’s up 2 percent in the the third quarter of 2011. And the current low Public funding for the center began in 2010 with a $250,000 past month. estimate of Regions’ earnings per share when it gift from local mortgage banker Jim McGehee. Regions chief financial officer David Turner announces earnings Oct. 22 is $0.15.
The ECB Lands The Economic Counterpunch
Our most recent musings in this does come with conditions, as participat- plodding economic recovery are longer- However, the markets received an extra space have focused on the political and ing countries will be required to agree to term issues, but equity and bond mar- boost as the Chinese government opened fiscal dynamics here at home. still-to-be determined economic reforms. kets in Europe have feared a short-term its vast arsenal and announced aggres- While those dynamics are vital and will Those economic reforms are needed, Lehman-type financial collapse, not just a sive stimulus efforts, including funding for continue to come more into focus as the as the Eurozone is basically in a reces- slow recovery. 1,254 miles of road, various warehouse calendar turns the sion. GDP contracted by As the ECB’s moves continue to dim projects, waterway upgrades and subway page to the fourth 0.7 percent in the second the prospects of such a collapse, below- projects. Yes, this is investment and de- quarter, the more quarter, and the ECB average valuations are too attractive to velopment expansion, rather than direct pressing short-term forecasted a GDP con- resist. Spain’s equity market rallied 5 consumer stimulation, so overcapacity focus in the financial traction of 0.4 percent percent on Thursday, while Italy’s surged issues remain a concern, but markets markets has been to for the full 2012 calendar by 4 percent. Furthermore, even though were stimulated anyway as the Shanghai the east across the year. Printing money can the ECB program will focus on short-term Composite Index woke up out of its dol- Atlantic Ocean. lead to longer-term infla- maturities, the longer end of the yield drums and surged nearly 4 percent; the The ECB in gen- MARK SORGENFREI JR tion problems, and that is curve immediately benefited as Span- broad MSCI Asia Pacific Index posted its eral and Mario Draghi the worldly investor one reason the Germans ish 10-year bond yields fell to 6 percent, biggest one-day gain since December. specifically landed a continue to voice op- and Italian 10-year yields dropped to 5.3 By no means will it be smooth sailing powerful counterpunch last week. Draghi position. In a nod to their concerns, the percent, their lowest level since April. The from here, as many land mines remain, said that “we have a fully effective back- ECB announced that any bond buying U.S. markets also were pulled into the and even the ECB measures could prove stop” as he announced a program for would be sterilized, essentially keeping party, as the DJIA, Nasdaq and S&P 500 to be ineffective. In the meantime, don’t the ECB to make unlimited bond market the money supply effect neutral. Whether all closed at multi-year highs. fight a committed central bank! purchases. The program will focus on the sterilization move truly does keep Overnight on Thursday, Asian equity Mark Sorgenfrei Jr. is vice president and issues with short-term maturities (one inflation in check over the longer-term markets were poised to rally anyway on investment analyst for Waddell & Associates to three years). The access to the spigot remains to be seen. Inflation and a slow, the heels of the ECB announcement. Inc. www.thememphisnews.com September 14-20, 2012 9 Money&Markets Extra One of the big worries for investors will be some kind of patch, some kind half-full or half-empty? Some people call seems to be addicted to Fed stimulus? is the fiscal cliff looming at the end of of extension. I think there will be a very it purgatory: The economy is not slow Look at the fundamentals. I think this last the year. That’s what economists are limited impact on the U.S. economy enough for the Fed to act but not fast quarter is instrumental in this, when the Peering over calling a slate of scheduled government when all is said and done. enough where people are feeling better markets climbed a wall of worry. With the spending cuts and tax-rate hikes to and spending more. worries about Europe, China, tax rates, Insider take effect if Congress doesn’t reach a But if Congress just delays the tax I tend to take the half-full perspective the fiscal cliff, people say that there’s the cliff Q&A budget agreement. But Matthew Lloyd increases and spending cuts, that at this point, probably because a lot of no way the equity markets should be says stock prices can continue to rise doesn’t fix the problem. It just moves people are taking the glass half-empty higher. But 75 percent of companies Title: Chief investment despite the concerns. it into the future. approach. We know that the Fed can step beat earnings estimates for the second strategist at Yes, we are kicking the can down the in with some kind of support program. So quarter. Advisors Asset How worried should we be? road. But if you look at the improvement if a recession does happen, you’ve got Now, if you look at stock prices relative Management When we look at the fiscal cliff, it is very that’s going on in housing and the poten- a large backstop with the Fed. And there to earnings per share, they’re at a 20 heightened because of the political tial for other stimulus packages floating is a lot of liquidity out there: Households percent discount to what they were over What he tension: Which party can cause their out there, that has the potential of having and corporations are holding a lot of the last decade. Relative to their cash suggests: Stick with stocks constituents to be more fearful, and significant impact. A lot can happen in cash. So, for us, the best place to be is flow, it’s a 40 percent discount. Those are despite worries therefore head to the polls? But by the that timeframe. risky assets in the next few years. We’re reasons why the market doesn’t have too about the fiscal end of this conversation, by the end of bullish on stocks, we’re bullish on real much downside to it, regardless of what cliff this election, I think you will see a very Investors don’t need to make changes estate. happens to the Fed. Matthew Lloyd muted effect. We’ll see the discussion in anticipation of the fiscal cliff? go up to the deadline, and then there Is your perspective that the glass is But isn’t it a worry that the market Answers edited for content and clarity. AP
BEHIND THE BRAND WESTERN DIGITAL (WDC) The Dow’s chips are down Hard-driving The Dow is this year’s loser. announced a third round of bond purchases It’s trailing the performance of the other major intended to lower long-term interest rates to spur market indexes this year. The Dow Jones industrial borrowing and spending. average also trails the pack since March 9, 2009 — Since the market hit bottom, the performance of profits the market’s lowest point after the 2008 financial the large-cap stocks in the Dow has trailed that of crisis. the tech-heavy Nasdaq and the small-cap Russell The 30 blue chip stocks in the index are intended 2000 index, both up 149 percent. Small-cap stocks to broadly represent the U.S. stock market and, by are among the first to rise at the start of an economic extension, the U.S. economy. And the economic recovery because they are more nimble operation- Western Digital makes data for its line of products. Its lineup recovery has been weak. ally and generally invest in their growth storage for everything from includes external and internal hard The economy didn’t take off when the recession as a recovery gains momentum. desktop PCs and tablets, to disk and solid-state drives, as well ended in June 2009. Growth has never Still, it’s hard to fault how far ultra-thin notebook computers. as devices for the home designed been slower in the three the Dow has come. The index The company has been riding to store digital media, such as years following an economic closed above 13,500 Thursday, high this year on strong demand music, photos and movies. downturn. After a Labor which is within 625 points of its Ongoing demand has enabled Department report showed all-time high set in October Western Digital to bounce back employers added fewer than 2007. The broad market after floods in Thailand disrupted 100,000 jobs last month, Standard & Poor’s 500 index its operations last year. pressure for the Federal closed at 1460, which is 7 Thursday’s close: $42.58 The company also has begun reaping the benefits of its $3.9 Reserve to act began to rise. percent shy of its all-time high Price-earnings ratio: 6 billion acquisition of rival Hitachi On Thursday the Fed set the same month. (based on last 12 mos.) Global Storage Technologies last 52-week price range year. The Dow lags: The 30 stocks in the Dow represent all industries, with the exception of transportation and $23 $46 That deal, one of the largest in utilities, which are covered by the Dow Jones transportation average and Dow Jones utility average . an industry that’s been consolidat- 1-yr. stock change: 46.2% ing for decades, gave Western Performance Year-to-date: Performance since March 9, 2009: 1-yr. S&P 500 change: 24.5% Digital about half of the worldwide Dow 11 Dow 107 Market value: $10.5 billion hard drive market, and added significantly to earnings. 2011 revenue: $12.5 billion Russell 2000 15 Russell 2000 149 The company’s net income S&P 500 16 S&P 500 116 Avg. broker rating: more than doubled to $1.61 billion for its fiscal year ended in June, Nasdaq 21 Nasdaq 149 SELL HOLD BUY while revenue jumped 31 percent to $12.48 billion. Its shares are up 5 0% 10 15 20 0% 30 60 90 120 150 35 percent so far this year.
Source: FactSet Data through Sept. 13 Trevor Delaney; J.Paschke • AP Source: FactSet Data through Sept. 13 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 27.29 0 38.28 38.15 +.43 +1.1 s s s +26.2 +41.6 51 1.76 Medtronic Inc MDT 31.06 0 41.95 42.30 +.65 +1.6 s s s +10.6 +27.0 12 1.04 s s s AutoZone Inc AZO 307.16 7 399.10 369.96 -3.20 -0.9 +13.8 +18.0 17 ... Merck & Co MRK 30.54 0 45.17 44.66 +.55 +1.2 s s s +18.5 +44.3 20 1.68 0 s s s BancorpSouth BXS 8.23 15.38 15.33 +.09 +0.6 +39.1 +52.6 20 0.04 Mid Amer Apartments MAA 55.10 9 70.22 67.82 +.44 +0.7 t s t +8.4 +3.4 35 2.64 Boyd Gaming BYD 4.12 5 9.75 6.91 +.23 +3.4 s s t -7.4 +19.1 49 ... Monsanto Co MON 58.89 0 89.99 89.90 +1.91 +2.2 s s s +28.3 +35.4 22 1.50f Buckeye Technology BKI 23.21 7 38.50 32.50 +.89 +2.8 s s s -2.8 +23.8 15 0.32 Mueller Inds MLI 35.51 8 49.86 45.90 -.13 -0.3 s s s +19.5 +7.9 24 0.40 Community Hlth Sys CYH 14.61 0 28.79 27.54 +.10 +0.4 t s t +57.8 +53.3 9 ... 2 s t t Corrections Corp CXW 20.14 0 35.04 34.91 +.63 +1.8 s s s +71.4 +50.8 23 0.80 Navistar Intl NAV 19.79 48.18 25.07 +.24 +1.0 -33.8 -31.9 dd ... t s s Cummins Inc CMI 79.53 5 129.51 100.19 +1.69 +1.7 t t s +13.8 +15.1 10 2.00f Nike Inc B NKE 81.01 6 114.81 99.20 -1.64 -1.6 +2.9 +21.2 21 1.44 Delta Air Lines DAL 6.64 6 12.25 9.45 -.05 -0.5 s s t +16.8 +28.7 5 ... Pinnacle Entert PNK 8.06 0 12.43 12.00 +.12 +1.0 s s s +18.1 +4.8 15 ... s s s Dillards Inc DDS 40.01 0 78.75 78.24 +.03 ... +74.3 +70.4 8 0.20 Regions Fncl RF 2.82 0 7.58 7.59 +.30 +4.1 s s s +76.5 +84.0 18 0.04 7 s s s Dover Corp DOV 43.64 67.20 59.79 +1.08 +1.8 +3.0 +19.5 13 1.40f Renasant Corp RNST 11.80 0 19.61 19.75 +.42 +2.2 s s s +31.7 +63.0 20 0.68 DuPont DD 37.10 7 57.50 51.13 +.90 +1.8 s s s +11.7 +17.2 14 1.72 Smith & Nephew PLC SNN 42.62 0 55.15 55.92 +1.08 +2.0 s s s +16.1 +19.3 80 0.87e Education Realty Tr EDR 8.04 9 11.81 11.28 +.02 +0.2 t s s +10.3 +25.9 dd 0.40f Smucker, JM SJM 69.19 0 87.06 87.04 +.91 +1.1 s s s +11.3 +24.3 21 2.08f FedEx Corp FDX 64.07 8 97.19 90.36 +1.28 +1.4 s s t +8.2 +21.7 14 0.56 0 s s s Fst Horizon Natl FHN 5.38 9 10.99 10.01 +.21 +2.1 s s s +25.1 +60.7 dd 0.04 Suntrust Bks STI 15.79 28.35 28.87 +.78 +2.8 +63.1 +51.5 18 0.20 s s s Freds Inc FRED 10.27 8 15.98 14.35 +.43 +3.1 s t t -1.6 +23.6 15 0.24 Synovus Fincl SNV 0.94 0 2.42 2.42 +.05 +2.1 +71.6 +84.0 dd 0.04 GTx Inc GTXI 2.34 5 6.55 4.43 -.09 -2.0 s s s +31.8 +35.7 dd ... Sysco Corp SYY 25.09 0 31.18 30.66 +.47 +1.6 s s s +4.5 +16.6 16 1.08 s s t Ingram Micro IM 14.42 4 19.80 16.21 +.01 +0.1 -10.9 -6.0 9 ... Trustmark TRMK 17.06 9 26.35 25.11 +.43 +1.7 s s s +3.4 +30.4 15 0.92 0 t s s Intl Paper IP 21.55 36.50 35.76 +.70 +2.0 +20.8 +39.5 13 1.05 Tyson Foods TSN 14.07 4 21.06 16.35 +.13 +0.8 s s t -20.8 -1.8 12 0.16 Isle Capri Casino ISLE 3.90 9 7.48 6.85 +.34 +5.2 s s s +46.7 +15.0 dd ... UPS class B UPS 61.12 7 81.79 74.73 +1.09 +1.5 s t t +2.1 +18.8 18 2.28 Kellogg Co K 46.33 6 55.30 50.82 +.45 +0.9 s t s +0.5 -1.0 15 1.76f Utd Technologies UTX 66.87 7 87.50 80.53 +1.70 +2.2 s s s +10.2 +13.6 14 2.14f Kirklands Inc KIRK 8.47 3 17.42 10.29 +.44 +4.5 s t t -22.6 +2.0 13 ... 0 s s s Kroger Co KR 20.98 8 24.83 23.88 -.04 -0.2 s s s -1.4 +11.7 22 0.60f Valero Energy VLO 16.40 33.60 32.79 +.01 ... +55.8 +49.5 8 0.70f t s s LifePoint Hosp LPNT 32.61 0 42.20 42.54 +.92 +2.2 s s s +14.5 +22.2 13 ... Verso Paper Corp VRS 0.85 4 3.36 1.70 +.12 +7.6 +77.1 -18.1 57 ... Macy’s Inc M 24.38 9 42.17 39.28 +.06 +0.2 t s s +22.1 +55.8 12 0.80 Wright Medical Grp WMGI 13.57 9 22.50 21.35 +.36 +1.7 s s r +29.4 +49.5 58 ...
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 September 14-20, 2012 www.thememphisnews.com
High Credit Scores COMMUNITY Not How You Win Ray’s Take In Remembrance What’s your credit score? I say, “Who cares!“ A great credit score simply means you have suc- AISLING MAKI | The Memphis News cessfully borrowed and repaid a lot of money. Which in turn means you are great at loading on debt. That’s not exactly a goal to aspire to. Your credit score says absolutely nothing about your financial security or success in achieving your financial goals. It doesn’t take into account your income, net worth, retirement accounts, invest- ments, or your ability to live within your means. It’s a metric for lenders that focuses mainly on your payment history and the amount you owe; with the length of your credit history, the types of credit or loans you use, and how much new credit you have recently sought all playing a role in the total score. If you are one of the many obsessing about your credit score, you are worried about the wrong thing. Handle your money correctly by staying within your budget and saving for the future and your credit ray & dana Brandon scores will rays of wisdom most likely always be just as good as they need to be. After all, it’s the person who is $100,000 in debt (but making regular, on-time payments) that has a great score. Is that really who you want to be? I hope not. Photo: Lance Murphey In fact, a good credit score can lead you to “Everyone lost something that day, it’s an American tragedy,” said Scott Ellis, family service director of Forest Hill make some decisions that are actually very bad for Funeral Home & Memorial Park East where this granite memorial was dedicated on Sept. 11. you. Just because your score indicates you could get a $400,000 loan on a house doesn’t mean you should actually borrow the money – your budget or lifestyle might not accommodate the payments. Events pay tribute to those who made ultimate sacrifice By the same token, a new credit card with a very high credit limit just means that some lender is emphis joined commu- who’ve sacrificed their lives in the sentatives from the Shelby County looking forward to charging you outrageous inter- nities across the United line of duty. Sheriff’s Department and the city est if you don’t pay off the balance on schedule at MStates Tuesday, Sept. 11, The Firefighters Memorial Ser- and county fire departments, clergy the end of the month. in honoring local firefighters and re- vice was held at the memorial wall. of various faiths, and Shelby County Set up a budget, pay off your debt, and save membering the nearly 3,000 people Among the groups joining the Sheriff Bill Oldham who delivered money. Let the lenders worry about your credit who lost their lives in the terrorist Memphis Fire Department for the the keynote address. score. You’ve got more important financial matters attacks that shook the nation 11 ceremony were the Memphis Police Forest Hill unveiled a specially to attend to. years ago. Department, Shelby County Fire commissioned memorial engraved The Memphis Fire Department Department and the Wolf River Pipe with a rendering of the Twin Towers Dana’s Take long has held an annual service to and Drums. and New York City skyline, etched If you have a bad credit score, it’s because you remember those firefighters who “Our firefighters gave their lives with the words “We will never in service to the community and to forget.” have been late with payments and have maxed out sacrificed their lives in service to the community, but after the events of the citizens across this nation, and Co-designed by Forest Hill staff your credit cards. Those are two clear signs that Sept. 11, 2001, the annual memorial that’s a sacrifice that’s priceless,” in conjunction with Everlasting other things are not right with your overall finan- service was moved to that date. Cooke said. “We remember them Granite in Elberton, Ga., the roughly cial picture. That credit score is the least of your “We’ve always had a memo- for their dedication, and we honor 4-foot-tall, solid black granite problems. rial for those fallen firefighters, their surviving family members. memorial was created by a master Pay down the debt you have as quickly as you who throughout the history of … We continue to uplift them in stone-cutting craftsman. can, and never think about your credit score again. the department gave their lives in prayer, that God will comfort them, “The basic nature of the funeral Instead, focus your attention on what you actu- service to the city of Memphis,” said especially during this time. Those profession is to commemorate ally have in savings and investments instead of Lt. Wayne Cooke, public informa- thoughts and those memories often events where people have lost love what you can borrow. The more you build your net tion officer for the Memphis Fire surface on 9/11.” ones,” Van Beck said. “We thought worth, the better off you are. Department. “After 9/11, we wanted Another public memorial that this would be a very under- Borrowing is what “they” want you to do to make sure we honored those who service, “Never forget,” took place standable and comprehensible con- because that is where their profits come from. But gave their lives in the line of duty on Tuesday morning at Forest Hill nection for the community.” savings and investments pay you – and that’s all to that day.” Funeral Home and Cemetery, 2440 The 9/11 memorial was com- your future benefit. Tuesday’s ceremony began with Whitten Road. memorated at the entrance to the It’s just too bad there isn’t a savings score out a service in honor of fallen Mem- “I think that we’ve put together a cemetery, where it will remain there. That’s something that would be really use- phis firefighters at St. Peter Catholic very dignified and solemn cer- permanently. ful! Church, followed by a processional emony that will continue to help us Van Beck said Forest Hill plans to the Fire Museum of Memphis. explore what 9/11 means to Ameri- to hold a public service at the me- Ray Brandon is a certified financial planner and The museum is dedicated to cans,” said Todd Van Beck, associate morial each year on the anniversary CEO of Brandon Financial Planning (www.bran- promoting fire safety education and at Forest Hill. “This is not an event of 9/11. donplanning.com). His wife, Dana, has a bachelor’s preserving the history of the local where it will be this particular group “I think it’s the fitting and proper degree in finance and is a licensed clinical social fire service’s contribution to the or that particular group. This is for thing to do too; once a year, take an worker. Contact Ray Brandon at raybrandon@bran- community. It also houses a memo- all Americans. We share in our grief hour or so out of your busy sched- donplanning.com. rial wall with 53 bricks representing and pain together on this anniver- ule to reflect so that we never let each of the firefighters in the history sary.” this fade from our memory,” Van of the Memphis Fire Department Participants included repre- Beck said. www.thememphisnews.com September 14-20, 2012 11
education Countywide School Board Looks To ‘Inconvenient Circumstances’
BILL DRIES | The Memphis News
s Bartlett aldermen ap- resented by attorneys with Baker, man or not, I hope to make an impact as proved additional legal Donelson, Bearman, Caldwell & a board member.” Aexpenses Tuesday, Sept. 11, Berkowitz PC, claim the laws on Orgel has also referred to himself in the Memphis federal court fight the municipal school districts as part of a “centrist” group of 12 or so over municipal school districts, violate the Tennessee Constitu- school board members. And a dozen countywide school board members tion because they were written to votes is a majority on the body. elected in the Aug. 2 elections and apply only to Shelby County. But holding a majority so far has two new board members appoint- Attorneys for the two firms depended on the specific issue facing ed Monday by the Shelby County clashed specifically on whether the board. There was a majority to vote Commission took their oaths of the municipal school district against extending the contract of Mem- office. provisions apply only to Shelby phis City Schools superintendent Kriner The seven elected members County earlier this month at the Cash beyond the merger date. There make up the school board that will end of a two-day evidentiary wasn’t a majority last month to approve remain in office in August 2013 hearing before U.S. District Court a resolution that would have left Cash after Shelby County’s two public Judge Samuel “Hardy” Mays. in place for now but put Shelby County school systems are merged. He has scheduled a third day of Schools superintendent John Aitken in The merger date is when the testimony and other evidence for charge of all merger-related adminis- seven seats on the former Shelby Sept. 20 on the specific issue. trative decisions up to and beyond the County Schools board and the nine Friday is the deadline for merger date. seats on the former Memphis City filings before the third day of the Orgel points to the working group of Illustration: Shutterstock Schools board are phased out. hearing. school administrators from both systems “We are in the midst of uncomfortable Woods 108-vote victory in the election. The countywide school board, mean- who are reviewing merger and structural and inconvenient circumstances,” school In Tuesday evening’s vote in Bartlett, while, meets after its Tuesday, Sept. 18, recommendations from the consolidation board member Reginald Porter Jr. said the Board of Alderman approved paying work session to choose a chairman and planning commission. after taking the oath of office. additional legal fees to the Burch Porter vice chairman for the next year. “I think we’re close,” Orgel said of Porter is among the seven board & Johnson PLLC law firm. Collierville Billy Orgel, another one of the County board votes to come on what amounts members who have served almost a year alderman also approved Monday evening Commission appointees to the body, is to a second layer of recommendations to after their appointment in October 2011 additional city funding for the legal bills. the current chairman. He won election in come from the working group. by the Shelby County Commission. They Collierville and Bartlett leaders had August, running unopposed in the non- “We’ve got to get going on what joined the members of the two former set a $100,000 limit initially on the legal partisan elections. our countywide payroll system is go- school boards in a 23-member body. fees. Germantown officials did not set a Orgel said Tuesday that he didn’t ing to look like. I think we need to look School board member Kevin Woods, limit on the spending. specifically seek the chairmanship last at the outsourcing,” he added, referring another of the 2011 appointees who won Attorneys for the law firm have October and isn’t specifically seeking re- to controversial planning commission election in August in a race against fellow mounted an aggressive defense of the election for another year in the post. recommendations on outsourcing school board member Kenneth Whalum Jr. of state law passed in 2011 and 2012 in “That’s up to the 23 members, who custodial and transportation services. the old city schools board, likened it to Nashville that set the ground rules for they choose to serve. I enjoyed my year “And then I think we’re going to have to “standing in the middle of two worlds.” forming municipal school districts as well of service,” Orgel said. “It’s been an honor get down and look at the school closure Whalum has filed a pending lawsuit in as the merger. to be the chairman the first year of the issue. … That involves a lot of input from Shelby County Chancery Court contesting Shelby County Commissioners, rep- unified school board. Whether I’m chair- the community.”
Time for Your Nonprofit's Reinvention Intention
Reinvention intention: has been working We often write about case. You can plan for growth. the energy, creativity and follow-through this year, and where the “case for support” and But, if your case doesn’t resonate with that brings change to life. the challenges lie. how it is at the core of all your donors, funders and stakeholders, How is your reinvention intention? Our experience has fundraising. As a reminder, then perhaps it is time to look again at We imagine it was high in January. A shown that challenges the case is a short docu- your reinvention intention. Are you keep- new year lay ahead, full of promise. Out in fundraising can be ment that communicates ing up with the times? With the needs of with the old, in with the new. You could due to changes in the who you are, your mission, your community? Are you doing the same feel the power of potential – you were environment – some- MEL & Pearl shaw history and most impor- things expecting different results? Do you committed to operating your nonprofit or thing everyone has FUNdraising tantly your vision and know your donors and why they give? Do institution in a new way. You were ready experienced over the projected impact. And, of they know your case? to increase your documented impact. past few years. Challenges can also be course, how much it will cost. Do you know Take a look at your case, your com- Your fundraising goals would be met; new closer to home. They can lie in how you your case? Do you hold all members of munity and your services. Reinvention board members engaged. Your gala would fulfill your mission, the programs you your organization accountable for deliver- should be the intention when you need to be reinvigorated with increased revenue operate, the way in which you hold your- ing on your promise, as outlined in your do things differently. and attendance. As a board member you self accountable for delivering on your case? Do you even have a case? Mel and Pearl Shaw are the owners of would raise challenging questions. As an mission. Are you in tune with your donors When you know your case, you can Saad & Shaw. They help nonprofit organi- executive you would partner more closely and potential donors? The stakeholders discern who you should be communicat- zations and institutions rethink revenue with your board chair. of the Mid-South? Those you serve? Are ing with; who your potential donors and sources. They are the authors of “How What has happened since then? your services making an impact, or are funders could be. You can manage your to Solicit a Gift: Turning Prospects into Now is the time to renew your rein- you offering excellent services that may budget against your case – allocating Donors.” Visit them at www.saadandshaw. vention intention. Take a look at what not meet a current need? funds toward priorities outlined in the com or call 522-8727. 12 September 14-20, 2012 www.thememphisnews.com
Analyzing The Small Business Spotlight Best Behavior Small Businesses Top of Mind Let's talk about a zero-cost strategy that can improve the productivity and job satisfaction of your employees. It For Green Line Marketing involves understanding four behavior modes referred to as the Stern Parent, Adapted Child, Adult and Natural Child. SARAH BAKER | The Memphis News Behavior means the way one acts or conducts oneself, especially toward others. Mode means the way or manner something occurs, is experienced, expressed or done. hen Meghan Heimke was Here's the bottom line on this strategy: considering names for her two of the boutique marketing firm behavior modes W three years ago, she didn’t have to look can be classified much further than her own backyard. as the most “When I actually started this used/least business and decided to go out on effective ways my own, I lived in Midtown and my of interacting house backed up to the (Shelby Farms) chris cRouch (MU/LE) and the Greenline,” Heimke said. “My thought SMART STUFF other two can be was, no matter where this business 4 WORK classified as the goes or where this path takes me, I least used/most started on the Greenline.” effective (LU/ME) ways of interacting. As you And so Green Line Marketing can tell, most people have things backwards. Group was born in March 2009. It was Step one in shifting from the MU/LE to great timing, considering the Greenline the LU/ME behavior modes involves being trail was also in the beginning stages of able to recognize different modes. Here are its big marketing push. some "cheat sheet" notes to help you. “The name increased in notoriety Photo: Lance Murphey People operating in the Stern Parent and while we don’t have an affiliation Green Line Marketing Group staff includes Rachel Carpenter, from left, Meghan mode are critical, controlling and judgmental. with them, we are grateful for the name Heimke, Lindsey Graeber and Crystel Hardin. The company offers comprehensive marketing solutions to small businesses. They often use stern, intimidating body recognition,” Heimke said. “The other language, words and voice tone. These are thought about it is green is a forward- exponentially over the last 36 months my husband at the beginning of the often people we speak of as "sometimes motion word. You think of green lights, thanks to referrals, and run the gamut year that my big fear is I don’t want to wrong, but never in doubt." They argue and and we always want to be moving our from restaurants to nonprofits and grow too fast. I want to make sure that attack others and are focused on proving clients forward.” health care to law and real estate firms. we’re providing quality work and I’m they are right and others are wrong. These Green Line Marketing specializes Ninety-five percent of them are local. never, ever, ever, going to sacrifice our people often contribute to establishing a in boosting the presence of local small “I have this thing that good news work for a larger number of clients. dysfunctional and autocratic culture. businesses. Services include advertis- travels fast, but bad news travels faster, Quality is much more important to me People operating in the Adapted Child ing and public relations, graphic and so you better make sure what you’re than quantity.” mode modify their natural behavior due to Web design, social and email market- doing is right,” Heimke said. “We do Also important to Heimke is Green the influence of another person (usually ing, and photography and event plan- not spend a lot of advertising dollars Line’s client diversity in both company an authority figure). They often complain ning. on our own. In fact, in the last five size and industry sectors. That allows excessively, act defensive, whine, withdraw It’s a skill Heimke perfected while months, we haven’t spent a dime on the firm to leverage its skills across a and feel powerless and helpless. They are working at Harrah’s Entertainment and our own advertising. And we’ve experi- wide spectrum of trade areas. usually overly compliant, but can sometimes then Methodist Le Bonheur Health- enced the most growth.” “We’ve often been asked, ‘Well, switch and become overly rebellious. care, a client she retains to this day. Green Line has added three new have you thought about just doing People in Adult mode process information “Small-business owners a lot of positions this year, bringing its total restaurants or just doing health care?’ time know they need to do some sort staff count to four. The firm currently And to be honest, I have thought about without bias. They examine and explore of marketing, but they’re not sure occupies three executive suites in Clark it, but I love the diversity,” Heimke alternatives, compute probabilities and exactly what or how much money to Tower, but is on the brink of outgrow- said. “We never have the same day consequences of the alternatives. They ask spend,” Heimke said. “Our goal is really ing its space as it approaches the twice. Quite frankly, it’s to our clients’ questions to clarify and better understand to provide a marketing solution for possibility of adding more members to and to our own benefit that we have others. Others see them as unflappable, that small-business owner that is still its team. that diversity, because what may be a grounded, centered and constantly work to strategic, forward thinking – we’re still “We have just grown quicker than best practice in one industry, we can see the reality of the events that unfold. aggressive and proactive, but it’s on a we had really anticipated, but we’re so augment that slightly, implement it in People in the Natural Child mode respond budget that is realistic for them.” grateful and we’re down for the ride,” another industry, and have incredibly honestly and spontaneously. They feel joy, Green Line’s client roster has grown Heimke said. “It’s funny, I was telling successful results.” surprise and amazement. They have no preconceived idea of how they should feel. This behavior mode helps people generate hopes, dreams and aspirations. In this mode, people often think, "What would happen if…?" Personal growth occurs in the Natural Child with the assistance of the Adult mode. Our lenders work hard to make Now that you understand the behavior banking your most productive modes, which ones do you think are most and least effective? All you need to answer is to business relationship. imagine being on the other side of someone using each of these behavior modes. Let me ask you a Natural Child question – What would happen in your organization if everyone shifted from the MU/LE modes to the LU/ME modes of behavior? Oh by the way, if you are reading this and you are the “top dog” of your organization … Andy Pierotti this all starts with you. Remember, this is a Andrea Gladney zero-cost strategy. Why not give it a try? Mott Ford Midtown Downtown East Memphis 2000 Union Avenue 50 North Front Street 510 South Mendenhall Road Brian Lowery 901-272-7300 901-432-7300 901-888-2265 www.thememphisnews.com September 14-20, 2012 13
LAW & THE COURTS Industry Leaders Guilty Plea Raises Questions Discuss Changing In Test Cheating Scandal US System
AISLING MAKI | The Memphis News BILL DRIES | The Memphis News
ome of Memphis’ most prominent health multi-state teacher test defendant is formally charged. Bowen even took the PRAXIS care leaders discussed the changing U.S. cheating scandal had been a The information says Bowen exam three times for women be- Shealth care system during the Memphis Afederal court case with a lot took “dozens of tests” for would-be tween March 2008 and April 2009. Business Group on Health’s fourth annual confer- of criminal counts and a lot of ini- teachers and was paid $200 per test The women, identified in the infor- ence Thursday, Sept. 6, at the Holiday Inn-Univer- tials of paid test-takers for teachers when the scheme allegedly started mation by initials, gave their driver’s sity of Memphis, 3700 Central Ave. until recent weeks. in the mid-90s with a pay hike to licenses to Mumford. Mumford al- The organization is a coalition of the area’s That’s when one of those $800 per test later in the 15-year legedly altered the women’s licenses largest public and private employers working to referred to by his initials in the span alleged by federal prosecutors. to make their names appear to be maximize the cost and quality of health care ben- 49-count fraud and identity theft In court Sept. 7, Bowen indi- that of a man and added Bowen’s efits, and encouraging companies to take an active case pleaded guilty in Memphis fed- cated he began taking the exams photograph and other identifying role in employee wellness and to consider creative eral court. The plea is connected to in the names of other teachers and information. benefit design and delivery models as a means of the fraud case that emerged in July would-be teachers in 1990, four Bowen is scheduled to be sen- curtailing costs. with the indictment of former Mem- years before the separate indict- tenced Dec. 7 by Fowlkes. He is free Group members, affiliates and supporters pro- phis City Schools assistant principal ment naming Mumford as the ring- on his own recognizance at least vide benefits for more than 300,000 people in the Clarence Mumford. It offers more leader indicates Mumford began the until the sentencing date. greater Memphis area and across Tennessee. detail about an alleged scheme that scheme. Bowen said in court that he Educational Testing Service sent The conference each year addresses health care U.S. Attorney Ed Stanton has said didn’t meet Mumford until the 1994- the results of its private investiga- topics relevant to area employers, from the Afford- involved “more than 50” teachers in 1995 school year at Humes. tion to the Tennessee Bureau of able Care Act to developing programs that drive the three-state Memphis area. Bowen told U.S. District Court Investigation and that state criminal change to improve employee health and wellness. John Bowen, a substitute teacher Judge John Fowlkes that Educa- investigation was forwarded to fed- The theme of this year’s conference was “You who worked at Humes Junior High tional Testing Service monitors eral prosecutors in Memphis about Can Get There From Here: Navigating Your Way To School when Mumford was as- began their private investigation in a year ago. The U.S. Secret Service Effective Health Benefits in Changing Times.” sistant principal in the mid-1990s, June 2009 when a monitor spot- was the federal agency that worked The event brought together regional employ- pleaded guilty Friday, Sept. 7, to ted Bowen taking a test during an on the case that the U.S. Attorney’s ers, health care professionals and advocates to conspiracy to commit fraud count. afternoon session at Arkansas State office acknowledged last week in- exchange ideas and to hear notable health and “Such criminal conduct cannot University in Jonesboro. It was the volved dozens of interviews as well health benefits experts share their insights and and will not be tolerated by those same day that the same monitor as bank, phone and testing records. recommendations. entrusted to teach and serve in our saw him taking a test for someone The superseding indictment “The conference has become an important school systems,” Stanton said in else during the morning session. in the case returned Aug. 24 by a extension of our organization’s work,” said Cristie a written statement following the According to Bowen, there were federal grand jury added defendants Upshaw Travis, CEO of the organization. “On aver- guilty plea by Bowen. several other test-takers also paid Clarence Mumford Jr. and Dante age, we’ve had 150 in attendance yearly for an open Bowen pleaded guilty in a by Bowen who were at the Jones- Dowers to the case that a month exchange of thoughts and ideas. With the state of criminal information, a guilty plea boro testing sessions even as he was earlier named only the elder Mum- health care provision in flux, these types of conver- that is done at the same time that a caught. ford as a defendant. sations are even more necessary than before.” The all-day conference culminated with a panel discussion featuring three of Memphis’ most well-known health care administrators: David Archer, Memphis Market CEO at Saint Francis ECONOMY Healthcare; Jason Little, executive vice president and chief operating officer at Baptist Memorial Healthcare Corp.; and Gary Shorb, CEO at Method- Fed Publishes New Agricultural Report ist Healthcare. Archer talked about how changes in the health care model are impacting consumers. Emergency ANDY MEEK | The Memphis News room visits continue to increase and urgent care clinics seem to be popping up on every corner as the region faces a shortage of primary care physi- cians and insufficient access to specialists. he Federal Reserve Bank of St. Louis has begun includes Memphis. The district includes seven states: Archer said health care leaders need to ask publishing a new agricultural finance report that Arkansas, Illinois, Indiana, Kentucky, Mississippi, Mis- themselves if they’re building a health care system Twill be released quarterly. souri and Tennessee, and it is broken into four zones. in which the consumer is neither interested nor The first release of the Agricultural Finance Moni- Those are Little Rock, Louisville, Memphis and St. Louis. able to access. tor shows that while a strong winter wheat crop and Lenders across the district said they expect third- Little discussed payment reform, rising health spring growing conditions shored up area farm income quarter farm income and capital expenditures to be care costs, and the implementation of electronic expectations during the first half of 2012, the summer “significantly lower” than the third quarter of 2011 in health records, as well as the positive impact of drought has lowered expectations for the third quarter. everywhere except the Memphis area, according to the wellness programs and the importance of the “Most areas of the Eighth Federal Reserve District report. continuum of care, particularly for patients being remain under extreme or exceptional drought condi- The report showed that the Memphis and Louisville treated for chronic diseases. tions,” the report reads. “Not surprisingly, our survey zones saw the strongest demand for agricultural loans, “We are focusing very heavily, from a leader- suggests that the severe drought has had a noticeable which were generally healthy across the district during ship standpoint, on our continuum of care,” he impact on current and expected farm incomes and the second quarter. For the third quarter, lenders across said. “Whether that’s through minor meds, home expenses. the district said they also expected demand for loans to medical, our nursing in-home – all of those kinds “Through the first half of the year, farm income was remain higher than year-ago levels, with the strongest of things that we think are going to be a significant strong because of favorable growing conditions and a expectations in Little Rock and Memphis. key for the future.” strong winter wheat crop. However, the drought has A favorable outlook for the region’s cotton, rice and And Shorb addressed Methodist Healthcare’s caused most bank respondents to temper their expecta- irrigated corn crops are why lenders in the Memphis move toward a more patient-family centered care tions for farm income in the current quarter.” zone reported expecting higher income and capital model and his system’s growing focus on the con- The survey was conducted June 15-29 and was expenditures compared to last year. nection between faith and health. based on responses from almost 90 agricultural banks The next survey will be published in early Novem- “We are investing heavily in our division of faith from within the Eighth Federal Reserve District, which ber. and health and have a Center of Excellence there,” Shorb said. 14 September 14-20, 2012 www.thememphisnews.com
special coverage
special edition: SMALL BUSINESS PERSPECTIVES BUILDING BUSINESS Community, business leaders discuss what's needed to grow minority businesses as demographics shift
ANDY MEEK | The Memphis News
r. Leonard Greenhalgh brought a wake-up call with him to Memphis at the end of August, when he came to the city as one of several featured speakers for the Memphis DMinority Business Council Continuum’s 2012 Economic Development Forum. The event included scores of promi- nent speakers and CEOs from around the country, and Greenhalgh – professor of management in the Tuck School of Busi- ness at Dartmouth University – focused his presentation on a seismic demographic shift under way in the country. His presen- tation was titled “When Minorities Become the Majority – the Vision for 2050.” The big takeaway was just what the title says – that by 2050, minorities will be the new majority in the country. Based on U.S. Census Bureau data, Greenhalgh said the number of blacks and the number of Hispanics will exceed the number of whites in the country. And more impor- tantly, he believes that as a country enough Photo: Lance Murphey is not being done to prepare for that shift. Cedrick Sparks, executive director, Youth Services Office of the Mayor, City of Birmingham, speaks at the recent 2012 Economic Greenhalgh, who also is the director of Development Forum at the Memphis Cook Convention Center. The forum was produced by the Mid-South Minority Business Council programs for minority owned businesses Continuum and the U.S. Department of Commerce. at the Tuck School, went on to assert his belief that minorities are not getting the spoke. “Many challenges continue to face his business faces as having the resources government customers, education and education they need to staff the broader small minority owned businesses. In the to compete on a large scale. public companies. workforce in the service economy. The procurement process, for example, it is dif- Memphis Chemical is a distributor of “Someone could go into what we’re dropout rates in urban schools don’t help. ficult for small minority business owners janitorial supplies, cleaning equipment, doing and look at the glass half full or half “Today's minorities are not getting the to compete with larger companies.” chemicals, paper goods and related prod- empty, and we’ve always looked at it half help they need to fully participate in the The owners of Memphis Chemi- ucts. Its product offerings have expanded full,” Brown said. “And we understand that entrepreneurial economy,” said Mar- cal, a minority owned business that was to include office products, office furniture, at the end of the day, we’re going to have tha Perine Beard, the Memphis regional founded in 1968, employs 17 people and industrial supplies and safety products. to compete. At the end of the day, we’re executive for the Federal Reserve Bank was bought by its current owners in 2000, The company mainly focuses on business- going to have to be able to provide a value of St. Louis and who introduced Green- understand that challenge. Co-owner to-business activity in all market sectors proposition to the customer as any other halgh to attendees of the forum before he George Brown cited one of the challenges including private companies, some federal business has to do.” www.thememphisnews.com September 14-20, 2012 15
special coverage
Zooming in to a more The average There are a host of re- Memphis, for example, had total minority a nearly 40-year-old nonprofit dedicated narrow and local view, the business sources in both the public participation, Wharton said. to entrepreneurship and growth oppor- importance and timeli- and private spheres avail- He said the redevelopment of The tunities for minority and women-owned ness of Greenhalgh’s in Shelby able for minority business Pyramid arena into a Bass Pro shops store business. It helps business owners through presentation to Memphis County owners to tap. And local had almost 50 percent minority participa- investment, counseling and training. as a community can’t be political figures speak tion. While the association prepares busi- understated. In Memphis, in 2007 loud and often in making Earlier this year, the board governing nesses, Memphis Minority Business Coun- which has for the last 20 generated a point to strap defined The Regional Medical Center at Memphis cil plays matchmaker between minority years had a black mayor minority participation ex- formed an ad hoc committee to review businesses and major corporations and and a significant amount slightly pectations onto deals for and make recommendations regarding the public sector institutions in need of goods of black leadership, more than development projects. amount of business the hospital conducts provided by smaller companies. black business revenues “How could you not with minority owned companies. The MMBC Continuum started an nevertheless have been $871,000, have that in the contract?” The logic beyond why those levels of in-house small-business incubator, the small. The percentage while the Memphis City Council minority participation are sought is pretty Center for Emerging Entrepreneurship of business revenue in member Harold Collins straightforward. New factories need ar- Development. Several companies have Shelby County generated average asked local economic de- chitects to design them, office parks need graduated and helped grow the ranks of by black businesses is in black-owned velopment officials during construction crews to build them, and Memphis’ minority business sector. The the single digits. one meeting about local warehouses need employees to staff them. incubator gives young entrepreneurs a Taking recent census business incentives that are funding So if the city is already being ap- place to develop their plans and take ad- data, the average busi- generated a plant being built here by proached with an outstretched hand, it’s vantage of its strategic consulting services. ness in Shelby County in Electrolux North America the rule rather than the exception for of- Without these and other resources, it’s 2007 generated slightly about Cooking Products. ficials to scrutinize plans for those projects difficult to see Memphis having been able more than $871,000, while $20,000. Collins was pressing closely and try and get as much minority to attain a top ranking. In 2011, Memphis the average black-owned for more minority involve- involvement in the project as possible. It was ranked 11th in Forbes' Best Cities for business generated about ment for the Electrolux only makes sense, city leaders repeatedly Minority Entrepreneurship List. $20,000. deal. say, to have workforces for these projects Memphis Chemical is an example of Roby Williams, presi- According to Memphis reflect the demographics of the city. the kind of activity happening that the dent of the Black Business Mayor A C Wharton Jr., And when the number isn’t high Forbes’ ranking recognized Memphis for. Association of Memphis, put it bluntly: there is generally good minority partici- enough on the minority participation In 2010, the company received a Qual- Earlier this year, he told The Daily News pation in things the city has control over, side, project managers and developers are ity Cup Award from the Greater Memphis that black businesses are doing “woefully partly because the city can mandate it expected to have an answer and plan ready Chamber, an award that honors compa- poor” in terms of revenue. as part of the deal. A multimillion-dollar or face hostile politicos. nies whose project teams make excep- Despite that, however, the issue is at sewer realignment for Mitsubishi Elec- Outside of the political arena, the tional contributions to their respective least not being ignored in Memphis. tric Power Products Inc.’s new plant in Black Business Association of Memphis is organization’s quality improvement efforts.
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www.hamiltonentertainmentemploymentlawgroup.com 8295 Tournament Drive, Suite 150, Memphis, TN 38125 Phone: 901-969-4582 Fax: 901-969-4401 Employment Email: [email protected] Entertainment Email: [email protected] 3071 Directors Row • Memphis • 901.345.5693 or 901.345.5694 16 September 14-20, 2012 www.thememphisnews.com
special edition: SMALL BUSINESS PERSPECTIVES
ing firm Sullivan Branding. “(We) expect it reality. It’s coming together, and it’s going to be expensive.” to happen. What’s going to happen? It Jay Myers, the founder of Memphis- really depends on the size of the business. Business Owners Weigh based videoconferencing technology “I can’t sit here and say I think it’s a company Interactive Solutions Inc., said bad thing for the small-business owner in health care costs are a big expense already general. What I can say is I think it’s a bad for his company. thing for our country. We’re going to make Health Care Impact “Health insurance is a major cost at all these promises to cover all this stuff, ISI since we pay 100 percent for each and somebody’s got to pay for it.” employee,” Myers said. “Employees are Since the small-business community ANDY MEEK | The Memphis News required to pay for spouses and chil- plays such a large role in American com- dren. Obamacare will likely have us take merce – the vast majority of companies in another look at what ISI can and cannot the U.S. are small businesses – the reac- pay for employee health care should costs tion that community has to the law over o far, it’s not easy to get a clear health care exchanges and federal regula- go up.” time will be closely studied. picture of how President Barack tory rules are being drafted. There is a school of thought that And since there is a bright dividing SObama’s health care law will affect Pieces of the law that affect young accepts some measure of health care as line, not to mention a philosophical gap Memphis-area small businesses. people, for example, already have taken part of the social safety net the federal a mile wide, separating opposing camps That’s mainly because there are lots effect. Others, like the mandate that government makes available to people in the continued rhetorical war over the of business owners – including both sup- everyone must purchase their own insur- who need it. Those on the left side of the health care law, at least it won’t be difficult porters and even strident critics of the Af- ance if they don’t get it through their political spectrum assert not only that the to tell which view is the correct one. fordable Care Act – who themselves don’t employer, will take effect later. safety net is unacceptably frayed, but that In time, of course. know what impact the law will have. Many of those employers are the the federal government should step up to “Under the health care law, small- There are a host of reasons why many Memphis-area small businesses who fix it. business owners are going to face an on- of them don’t know. Take the fall elections. haven’t yet figured out what the impact One attorney with Baker, Donelson, slaught of taxes and mandates, resulting If Republicans extend their control of on their bottom lines will be – and who Bearman, Caldwell & Berkowitz PC who in job loss and closed businesses,” said government and either retake the White will shape the law further as they come up generally leans to the right politically, told Jim Brown, state director of the NFIB/ House or the Senate, or both, that likely with their own responses to it. The Daily News the issue of the federal Tennessee, a state arm of the national will reshape the future of the law in a To be sure, whether they are support- government involving itself in health small business advocacy group. big way and serve as an opportunity for ers of the law, staunch opponents of it care at all is a variation on the old maxim Phillip Johnson, partner with Argyle the pendulum to swing the other way on or somewhere in between, that question about a camel sticking his nose inside a Benefits Consultants LLC, spoke about health care reform. mark was the common theme after talk- tent. the health care law earlier this year at The Even the law as it stands now has not ing to a random sampling of Memphis- Eventually, that camel is going to want Daily News’ seminar on the topic. yet been fully implemented. For starters, area small-business owners in a variety of to come inside. “If you’re a small employer with fewer the official stamp of approval only came fields. “In the long term, I don’t think it’s a than 50 employees, typically you’re not this summer with the Supreme Court’s “Honestly, we are still trying to nail good thing for small business or big busi- going to face changes,” he said. “You will decision to uphold the law, the states are down the direct impact for us,” said Brian ness,” said local small-business consul- have options that relate to the health care not finished setting up their respective Sullivan, CEO of advertising and market- tant Robert Staub. “But let’s look at the that you provide your employees.”
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special edition: SMALL BUSINESS PERSPECTIVES Workshop Looks to Put Goals Onto One Page
ANDY MEEK | The Memphis News
uthor, business coach and strategy In other words, there won’t be any University of Memphis and finish by 5 Decosimo Certified Public Accountants expert Michael Synk has a meta- thick, 100-page binders of workshop p.m. At the end of the day, attendees will (Execution Sponsor) and Triumph Bank Aphor he uses to distill some of the material that attendees will take home leave in part with a baseline strategic plan (Cash Sponsor). most important elements of what he next month, because those are the kind and a checklist for execution. The workshop is $500 per person, shares with business owners in need of a of things that end up collecting dust and In addition to The Daily News, other $400 per person for teams of four or focused growth plan. aren’t readily actionable. Instead, Synk sponsors of the event and the decision more, $400 for Young Presidents Orga- It involves pushing sand and moving teaches workshops that involve partici- points those sponsors are tied to include nization, Entrepreneurs Organization, rocks. pants walking away with a one-page plan Adams Keegan (People Sponsor), Century Vistage, Clarity Council and Society of Pushing sand gets down to the nitty- – something that’s digestible and, even Wealth Management (Strategy Sponsor), Entrepreneurs Insight Group Members. gritty of running a business and encom- more importantly, ready and easy to be passes the day-to-day tasks that must put into action. get done – things like making sales calls “We basically teach a strategic format and taking orders. that helps come up with But, continuing a strategic plan,” Synk with Synk’s meta- said. “But we also teach phor, pushing sand everything related to doesn’t do as much executing that plan. And to improve the future that’s the big thing. We as it does to simply help you figure out the maintain the current long-term goal 10 years course. down the road and rela- “You’ve got to find You’ve got to find tively shorter goals for a rock,” said Synk, the a rock. Something three years and one year, founder of In-Synk, but the key to execution a company that pro- that if you move it, it is the next 90 days. You’ve vides business educa- improves everything got to get your 90 days tion and coaching about your business related to the long-term services. “Something and gets you closer to goal somehow.” that if you move it, it “ Synk has spent the the goal. Strategy is improves everything last decade as a busi- about your business about figuring out the ness educator, coach and gets you closer to rocks.” and consultant. He also the goal. Strategy is is certified by Gazelles Michael Synk about figuring out the Founder, In-Synk International to teach rocks. Most people and facilitate the highly don’t do that. They successful Four Deci- think tactically. ‘We can make better sales sions curriculum. calls. We can make more sales calls.’” The Four Decisions model is a stra- During a day-long workshop next tegic planning model popularized by the month, sponsored in part by The Daily book “Mastering the Rockefeller Habits” News, sister publication of The Memphis and offered through Gazelles Internation- News, Synk will help business leaders al. It refers to the key decisions that lead- figure out how to identify rocks, how to ership teams have to get right in order move them and in the process take their to grow, and those decisions are around business to the next level. people, strategy, execution and cash. The In-Synk Plan Forward Workshop, Next month’s workshop is organized to be held Oct. 18 at the University of around those four decisions and teaches Memphis, springs from the basic idea that the participants how to address them most companies spend a lot of money better and then coordinate them into a and time thinking big thoughts about the one-page strategic plan. future but don't relate them back to what The workshop will begin at 8:30 a.m. to do about it now. in the Fogelman Executive Center at the 18 September 14-20, 2012 www.thememphisnews.com
special edition: SMALL BUSINESS PERSPECTIVES
founded Restore with, has a similarly deep background. He is credentialed, for example, in organ procurement, trans- plantation and renal perfusion. ANDY MEEK | The Memphis News Ramkhelawan also has extensive back- Starting Up ground in surgical build outs, creating efficient workflow environments and staff education. “Each of us found a mutual partner hawn Flynn and Ryan Ramkhelawan in the other, and we’ve enjoyed this ever have, both literally and figuratively, since,” Flynn said. Scome a long way in a few months. One person affiliated with LaunchY- They moved to Memphis recently ourCity, the entrepreneurial hub driving to bring their medical industry-focused the ecosystem that includes ZeroTo510 startup here and take it through the and a related program, Seed Hatchery, inaugural round of a new startup accelera- described what Restore’s co-founders ac- tor program, ZeroTo510. Since the end complished in the program’s three months of that program – a boot camp-style mix as “nothing short of remarkable.” of mentorship, networking and related What’s also “remarkable” is the first instruction that came with an infusion of season of ZeroTo510, a program thought cash – their startup Restore Medical Solu- to be the first of its kind, and how it’s ex- tions got a term sheet and an invitation to ceeded expectations. Four of the inaugural negotiate for a Series A round of venture season’s six companies went on to receive capital funding. an additional round of funding and move That round is being co-led by Innova to the program’s next phase. Memphis and MB Venture Partners. Once The goal of ZeroTo510 was to help it closes, there would be a final period of medical device entrepreneurs navigate the attorneys putting everything together for a start-up process, refine business models couple of weeks to get the details official. and achieve the U.S. Food and Drug Ad- Meanwhile, Flynn said they’re look- Photo: Lance Murphey ministration’s 510(k) pre-market notifica- ing for commercial office space possibly Ryan Ramkhelawan, right, is president, and Shawn Flynn is vice president of Restore tion filing. Downtown for the venture, which focuses Medical Solutions. The company makes modular surgical instrument trays. Each of the cohort’s six companies on a new method to keep surgical equip- received $50,000 in seed capital from co- ment efficiently handled and cleaned. November. where he supervised and trained staff in investors Innova and MB Venture Partners. And the pitches aren’t stopping. Re- “I started my career in the Army,” said musculoskeletal post-mortem recoveries, In addition to Restore’s venture capital store is joining a fellow ZeroTo510 startup, Restore’s Flynn, who enlisted in the Army among other things. And before co-found- funding, the four companies getting an Urova Medical, in competing for a cash and served as a surgical technician. ing Restore, he managed one of the largest additional $100,000 chunk of funding are prize and package of business services at a After that, he worked in the field of sterile processing departments in the U.S. BioNanovations, EcoSurg, Nanophthal- business plan competition in Nashville in organ procurement and tissue banking, Ramkhelawan, the man Flynn co- mics and Urova Medical.
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special edition: SMALL BUSINESS PERSPECTIVES
wide range of issues, from understanding SBC events scheduled for the fall governmental ordinances and permit pro- include the “Small Business Makes It Big” Still a ‘Tireless Advocate’ cesses to interpreting database informa- breakfast on Sept. 27 at the Holiday Inn tion. The results, in some cases, have been University of Memphis and the “In the substantial. Mix with Small Business” mixer at the “One small business got a $40,000 to newly renovated Malco Ridgeway Four For Small Businesses $50,000 tax break after one of our Q&A Theater on Oct. 17. sessions when they realized they were “We try to showcase a variety of paying out more than they needed to,” venues across the city for our members to Still said. “To me, that’s a real accomplish- see and possibly use for their own future MICHAEL WADDELL | Special to The Memphis News ment.” events,” Still said. Still hints about a new program in Also in the works is a new mentoring the works for 2013 that should help the program. chamber’s small-business members “In addition to our small-business ee Still is passionate about the lux and Mitsubishi coming to town, there obtain contracts from the large businesses events that educate and inspire, we health and success of small busi- are tons of opportunities right now for lo- in town. are currently working on a mentoring Lness in Memphis. cal small businesses,” said Still, senior vice “It’s easy for small businesses to some- program for small businesses, a program Still has been involved with the president and commercial relationship times get lost in the shadow of the large that Lee has played a vital role in planning Greater Memphis Chamber’s Small Busi- manager at Trust One Bank for the past businesses that really help our communi- with our Small Business Council,” Duncan ness Council since its inception in 2007, three years. “And I believe there are going ty,” Still said. “Our meetings are designed said. and his two-year term as its chairman to be many more projects in the future to engage small businesses and meet Still emphasizes that working with the runs through the end of this year. because we have such a friendly business them where they are. We provide educa- SBC has helped him tremendously at his “Lee Still, in his role as chairman of environment, considering the current city tion and networking opportunities to fill full-time job with Trust One Bank, where the chamber’s Small Business Council, is and county administrations as the well a void for small businesses that do not he communicates primarily with small- a tireless advocate for the small-business as the private business community. I’m have a human resource department, an IT and medium-sized business owners. community,” said John Duncan, vice really excited about the future.” department or formal sales programs.” “By staying informed about the president of development and investor re- Entrepreneur Magazine ranks Mem- For example, an event is being important issues facing small business lations for the Greater Memphis Chamber. phis as a top-10 city to start and grow a planned for November that will focus on by attending our council events, it really “The chamber is proud to have leaders company, and Memphis ranks 11th on health care issues and what the Affordable impacts my customers at the bank. I be- like Lee helping to lead the priorities of Forbes 2011 “Best Cities for Minority En- Care Act means for local small businesses. come much more of a resource for them,” our councils.” trepreneurs” list. Tennessee ranked eighth It’s important to note, however, that the said Still, who has more than 18 years of As much as 80 percent of the Greater on Site Selection Magazine’s 2011 list of council does not endorse one viewpoint experience in the banking industry. Memphis Chamber’s membership is Top U.S. business climates, and Chief or another on any particular issue. Away from work, Still lives with his made up of small businesses, or compa- Executive Group named Tennessee the “We are simply providing education wife of 18 years, Carey, and their two chil- nies having fewer than 100 employees. fourth-best state for business in 2012. and information that will help small busi- dren, age 11 and 14. He stays busy with Overall, there are about 25,000 small busi- He explains that one of the council’s nesses recognize potential opportunities various sporting activities of their two nesses in Memphis, and roughly 2,400 of ongoing missions is to provide education, and/or threats,” Still said. children, and he is currently chairman of that number are chamber members. mentoring and availability as an every- A steady flow of events is organized the board for the Fellowship of Christian “With new big businesses like Electro- day resource for its members regarding a throughout the year. Athletes.
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special edition: SMALL BUSINESS PERSPECTIVES Lemmonds Keeps Startups on Track at LaunchYourCity
ANDY MEEK | The Memphis News the teams had what they needed. narrative.” Meanwhile, her tweets and Facebook What she’s an especially big fan of are posts keep Memphians abreast of “tech “disruptors” – people with an innovative cocktails” and other networking events, idea for a product or business that will guest appearances by entrepreneurs on shake things up. As chief brand officer for LaunchYourCity, Lemmonds' job the national level and much more. What’s part of the status quo today, In March, a few members of the she likes to point out, might easily have involves helping startups with communications and more leadership ranks of New York-based tech been on the fringe yesterday. Even if company Boxee came to Memphis for a it’s someone with a business plan that’s ntrepreneurship is as much about rooftop party at the Emerge building. sketched out on little more than the back storytelling as it is product creation Boxee CEO Avner Ronen, after the of a napkin, she and the rest of the brain- Eand company building. The latest party, tweeted “Had an amazing time at power inside Emerge and working under widgets, the hottest startups, the most Memphis. We fell in love with the city and LaunchYourCity can – and want to – work game-changing ideas – they don’t sell the people.” with them. themselves. It’s the kind of thing that makes Lem- “My actual role involves things like That’s the part about entrepreneurship monds swoon. what you would expect with marketing, that Elizabeth Lemmonds loves best. As “What I do every day is really commu- communications, PR and social media chief brand officer for LaunchYourCity, her nications, marketing and branding – and and Web updates,” Lemmonds said. “But day job involves a blend of helping local branding is so much bigger than a name or the bigger message is to get the word out startups when it comes to communica- a logo or getting some press that has to do about Memphis entrepreneurship. And of tions and marketing, as well as helping to with our reputation,” Lemmonds said. “It course about our own platform. brand the entrepreneurial ecosystem in involves audience development through “We’re very nimble, and we have a Memphis and take it to the next level. having an active presence in social media. find-a-problem, fix-a-problem kind of LaunchYourCity is the umbrella or- It involves trying to work on some dy- attitude. What we love to be able to do is ganization comprised of three signature namic programming. I have always said I get people to our programs so they can get programs for early stage entrepreneurs: feel part of my job involves trying to brand into the incubators like Emerge.” LaunchMemphis, Seed Hatchery and Wolf lemmonds entrepreneurship in Memphis, as well. Lemmonds is closing in on finishing River Angels. They are the components of “We’re all proud of the city’s heritage her first year on the job, and a fruitful year a support network that’s coming together – another 90-day trial by fire that seeds six – with things like FedEx and Holiday Inn it’s been. In addition to the party attended and is able to work with entrepreneurs at teams with cash, mentorship and a launch – but we’re now really on the brink of creat- by the folks from Boxee, there have been any stage of development. pad for their creation. Lemmonds was ing an entirely new era in entrepreneur- visits from the “think tank road trip” initia- And those efforts are paying dividends. among the many people spending what ship in Memphis based around tech, and tive called Trep Trip and by Matt Mullen- The second year of the Seed Hatchery often were long days and late nights at the in order to really put Memphis on the map, weg, the founding developer of the widely boot camp for startups ended this summer EmergeMemphis building, making sure it’s about shaping that piece of the city’s used publishing platform WordPress.
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special edition: SMALL BUSINESS PERSPECTIVES
with ZeroTo510, splitting up the work between them. Heiter gives presentations about term Baker Donelson Lawyers Support sheets to the teams, so they know what to expect when they get further funding. He also covers negotiation points in term sheets like valuation, anti-dilution and Local Business Startup Programs investor rights, among others. “I hold office hours a couple of times during the course of the 90-day program to ANDY MEEK | The Memphis News a vibrant emerging companies practice trying to provide a funding platform and discuss any legal issues that the (company) throughout the law firm’s Southeast training for angel investors. founders have questions about,” Brack- footprint. From Baker Donelson’s perspective, stone said. On a dedicated page within Baker the arrangement makes sense from many She also meets with the teams indi- Donelson’s main Internet site (bakerd- vantage points. If the firm wants to be vidually in a way that lets them ask any Attorneys help startup onelson.com/emerging-companies), the there when a business is ready to take on legal question they have. If it’s something firm posts entries in a video series called investors, acquire other companies or outside of her expertise, she’ll take it back programs lay groundwork the “Entrepreneur Minute,” which offers find itself navigating the complexities of to her colleagues at the firm. for entrepreneurs quick tips from the firm’s lawyers and a lawsuit, it can only help to be there in ZeroTo510, meanwhile, is a medical others active in the emerging companies the beginning, too – when the entity is device accelerator program that uses the area. The law firm also is partnering with formed and the first contract is drafted, same platform as Seed Hatchery. It’s a 90- he budding Memphis-area busi- Nashville venture capital firm Solidus for example. day program culminating in an Investor ness accelerator programs Seed statewide to do the legal work for other Seed Hatchery is the startup accelera- Day, when pitches for funding are made to THatchery and ZeroTo510 are accelerators Solidus works with. tor housed in the EmergeMemphis build- investors. continuing to pick up steam as they work “The management of our firm is ing Downtown that basically offers entre- ZeroTo510 participants receive an to attract new investment and entrepre- committed to developing the emerging preneurs the equivalent of a 90-day boot initial $50,000 investment from Innova neurs with a knack for the hustle. companies practice,” said Emily Brack- camp. During that time, entrepreneurs and MB Ventures, and up to three of the Meanwhile, the programs are able to stone, an associate in the firm’s Memphis draft a business plan, learn how to pitch to six teams may receive a second round of do the work they do thanks in part to the office who works with Seed Hatchery and investors, get seed funding and more. funding of $100,000 at the end of the 90 boost they get from a source outside of ZeroTo510 in Memphis. “We want to be Brackstone, working under guidance days. the tech and startup worlds they inhabit. involved at every stage in the lifecycle from Baker Donelson shareholder Matt Baker Donelson’s attorneys offer the It’s from the law firm of Baker, Donel- of our business clients, so it only makes Heiter, works with all of the Seed Hatchery same package of services to ZeroTo510 son, Bearman, Caldwell & Berkowitz PC, sense that we would focus on emerging teams, preparing corporate formation that they do for Seed Hatchery. whose attorneys help the programs lay companies.” documents for their respective companies “A lot of the founders have a back- the groundwork entrepreneurs need be- Brackstone said her colleagues also as well as documents related to the $15,000 ground in academics and research, but fore getting their idea for a new company are working with Wolf River Angels, seed-stage investment from Solidus the have never been involved in running a or product up and running. which is under the local Launch Your City companies get as part of the program. business before,” Brackstone said. “They The work is a natural fit for Memphis- banner that also encompasses Launch- Brackstone and fellow Baker Donelson are very bright and just the sort of people based Baker Donelson, which actually has Memphis and Seed Hatchery and which is attorney Trey Haire perform similar work we want to be attracting to Memphis.” 22 September 14-20, 2012 www.thememphisnews.com
special edition: SMALL BUSINESS PERSPECTIVES Tech-Savvy Jostes Helps Grow Small Businesses
ANDY MEEK | The Memphis News
o Liz Jostes, a social media and ed this year that basically involves the small-business consultant, now is Social media and small-business consultant Liz Jostes local tech community coming together Ta great time to be a small-business thinks now is a great time to own a small business for a regular meet-up to raise money for owner. different charities. Between search engine optimization, One of the biggest challenges Jostes social media and other tech tools avail- She’s also a ubiquitous presence in ence on every major social network: often runs into with small-business own- able that weren’t around or weren’t as Memphis’ tech and social media com- Twitter, LinkedIn, Facebook, Google Plus ers who need help with their Internet robust a few years ago, “the little guy” can munities. and Pinterest. presence is that they’re often run by in- compete on a wider playing field. Jostes is the chair of the marketing Beth Sanders, a fellow social media dividuals with only a few people working And helping those small-business and PR committee for the fall 2012 Tech- and online strategist in Memphis, said for them. So there’s not always someone owners and mom-and-pop operations Camp Memphis. She’s a founding mem- Jostes is one of her “favorite transplanted who can be dedicated to the task of full- is what’s especially gratifying to Jostes, co- ber of GeekMemphis, a group created to Memphians.” time engagement via social media. founder and consultant with marketing help boost the awareness, adoption and “Liz has an outgoing, friendly man- “So they’re doing all the business tasks consultancy Eli Rose Social Media. advancement of technology in Memphis. ner that quickly earned her the friend- themselves, and they either, A, don’t know “I just adore working with the small- And she’s heavily promoting and support- ship and respect of the tech community,” much about where they want to go with business owners, because you have such ing the 2012 Twive and Receive initiative, Sanders said. “She’s knowledgeable on social media, or B, maybe they have a a personal connection with them and a national day of nonprofit fundraising a wide variety of topics and can always website or something that’s been set up you really want their business to be suc- through social media. be counted on for solid advice and wise but they’ve kind of let it be,” Jostes said. cessful,” Jostes said. “Both my business She’s acted as a conference emcee and counsel. “We’ve seen people say, ‘I don’t even know partner Kristin (Zaslavsky) and I, we very regularly attends social media and social “She eagerly volunteered to chair a how to log in and change things on my much want to help the little guy. That’s a technology conferences. Her work has committee for Memphis’ first TechCamp website’ – again, because someone else part of it that we find especially person- been syndicated on BlogHer, a website and took leadership not only of the PR set it up for them. ally gratifying.” for female bloggers, and she’s presented and marketing committee, but the entire “In my opinion, I think it’s worse to Jostes, a Chicago native, began her to the University of Memphis’ Fogel- event. Liz’s engaging and fun pres- have a stagnant presence than no pres- career in marketing focused on consumer man College of Business and Economics’ ence made the event lively and her two ence at all. What we do revolves around behavior and buying habits. She’s worked Advanced Social Media Strategies course presentations provided practical, useful helping firms grow online. We do online as a project manager and analyst for mar- about the importance of going local with content.” Web consulting, online branding, and we keting firms, and she’s helped consumer social media efforts. Jostes also has been promoting Mem- also help build strategies from the ground product and service companies improve. And, of course, she’s an active pres- phisGives, a new initiative Sanders start- up.”
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special edition: SMALL BUSINESS PERSPECTIVES PR Firm Helps Companies Tap Into Hispanic Business
AISLING MAKI | The Memphis News ment. So in 2010, Anderson rebranded her But after the business as Dominique Anderson Public birth of her first Relations, maintaining Vida as a division of child in 2007, An- that full-service firm, which is housed in- he Memphis metropolitan area has derson realized side EmergeMemphis at 516 Tennessee St. no shortage of public relations and her fast-paced Anderson ended up moving her busi- Tmarketing firms, but Dominique lifestyle, which ness into EmergeMemphis, a small-busi- Anderson Public Relations helps com- included going to ness incubator that offers physical space, panies, organizations and government nightclubs, didn’t camaraderie and mentorship for emerging entities tap into the region’s growing but mesh well with entrepreneurs, after she attended Word- underserved Latino market. motherhood. Press Camp there. The U.S. is currently in the midst of Anderson, She said she receives a steady stream a Hispanic population boom, and that who holds a of calls from organizations seeking to con- population is increasingly becoming a bachelor's degree nect with Latino consumers. major power player in the new economy. in Spanish from “Most people want to know how to According to census data, more than the University of communicate without being offensive, half the country’s population growth Tennessee-Mar- or to find bi-lingual workers to work for Memphis News File Photo: Lance Murphey between 2000 and 2010 resulted from an tin and a Master their business … different companies have Dominique Anderson is a bilingual public relations specialist. increase in the Hispanic population, which Among her specialties is multicultural PR and marketing. of Education in come to me to ask how they can start the grew 43 percent over the last decade. Secondary Span- conversation,” Anderson said. Many businesses seek to expand their partial Puerto Rican heritage. “If you’re ish Education from Christian Brothers Her PR firm isn’t Anderson’s foray into markets to accommodate that shift, and looking to get into the millennial Hispanic University, worked for nine years as a entrepreneurship. Since 2007, she has co- Dominique Anderson Public Relations was market, you find people who influence Spanish teacher for Memphis City Schools. owned MoneyCo Hispano, formerly Mas formed to help them develop culturally that market and connect your brand with She began to realize her knowledge of Dinero Taxes, which serves a 98 percent appropriate strategies to reach that target that influencer. We create strategic spon- Spanish language and Latino culture was a Hispanic customer base. She’s a Certifying market. sorships and partnerships, in addition to much-needed asset in Memphis. Acceptance Agent with the IRS and work The boutique firm’s services include events and social media to make the brand “People knew that I had a background closely with clients. public relations, marketing, advertising, recognizable in their community using in Spanish and worked in the Spanish- “There are a lot of less-than-reputable social media, crisis communications and those influencers.” speaking community here, but I resisted tax companies and I hear a lot of bad sto- special events planning. Anderson has about 15 years of ex- being labeled as the Spanish firm for some ries,” she said. “We’ve positioned ourselves “In the Hispanic market, families, me- perience working in public relations and odd reason,” she said. “I decided to work to do really clean, solid work.” dia personalities and celebrities are going marketing. Her previous firm, Vida PR & in the Spanish-speaking market, in addi- She also works part-time in real estate, to be your top influencers,” said Anderson, Marketing Group, which she founded in tion to the mainstream and multicultural showing houses to prospective Latino a bilingual English-Spanish speaker of 2004, focused on lifestyle and entertain- markets.” buyers.
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real estate & development August Home Sales up 21 Percent
SARAH BAKER | The Memphis News cause we still have the foreclosures that are $383,629. Shelby County home still out there that are affecting our values, Bank (or foreclosure) sales notched a sales experience eighth etc.,” Hubbard said. “As they move through 21 percent increase to 398. Average pricing the system, I think we’ll continue to see the of bank sales also increased 5 percent from ome sales in August were up 21 consecutive monthly pricing and the values increase.” August 2011 to $67,037. Year to date, bank percent year over year, repre- increase from 2011 Average sales price in the county for sales were up 12 percent. H senting the eighth consecutive August was $124,713, down 8 percent from Conversely, nonbank (or traditional) monthly increase from 2011. $135,711 last August. And 33 percent of the sales jumped 21 percent year over year, Shelby County saw 1,487 home sales along and we’re still tracking well ahead of sales were $49,999 or less. with 1,089 tallied in August. Average pric- last month compared to the 1,228 homes last year.” Yet total sales volume reached $185 ing in that category decreased 10 percent sold in August 2011, according to real Brown said inventory is down, days on million, an 11 percent improvement from to $145,792. estate information company Chandler the market are down, and agents are cau- $166 million in August 2011. On the new home front, 59 sold in Au- Reports, www.chandlerreports.com. tiously optimistic for growth. Inventory remains at about 7,500 units, gust compared to 78 in August 2011. Newly August home sales also posted a 5 per- “Any time you start hearing positive in- Brown said, and in the upper-priced tier of constructed homes averaged $275,751 and cent increase from July. Year to date, home formation about the real estate market for the market, there’s not too much inventory totaled $16 million in sales volume. sales in August were 9,907, a 15 percent any sustained period over three months to choose from. Meanwhile, existing homes increased boost from the 8,594 in the same month in a row, people start trickling back into “I’m not saying that every price point 24 percent year over year. Sales in that last year. the business,” he said. “We are above 3,000 and every market is in a multiple offer situ- category reached 1,428, averaged $118,473 “Like I tell people, if we have a bad members in the MLS for the first time ation, I’m not Pollyanna,” Brown said. “But and totaled $169 million. month, one month is a blip, but eight since December of last year when dues you’ve got to get down on a really granule For the remainder of the year, both months is a trend,” said Steve Brown, were due. What that tells me is that people level to know what’s really going on in the Hubbard and Brown see the area out-per- executive vice president of Crye-Leike that had gotten out of the business, some market.” forming 2011. But, Brown stresses, “Activity Realtors Inc. and vice president of the of them are getting back into the business.” The ZIP codes with the most activity is like a bell curve. Most of the action hap- Memphis Area Association of Realtors. “We Pricing wise, there has not been a big in August were Collierville’s 38017 and pens from March to September.” had some people saying that they didn’t increase, said Regina Hubbard of ERA Cordova South’s 38018, with 102 sales each. think the second half was going to be very Legacy Realty and MAAR president-elect. Germantown East’s 38139 had the highest Chandler Reports is a division of The good this year, but so far, we’re two months “It’s going to take a little bit longer be- average sales price with 38 sales averaging Daily News Publishing Co. Inc.
INKED Kroger Buys Union Avenue Space for Expansion
SARAH BAKER | The Memphis News Brice Antiques & Interiors at 1793 Union. a local contract packaging and logistics company has Bell said Kroger typically looks at a store somewhere in renewed and expanded its presence in Airport Industrial the 60,000-square-foot to 75,000 square-foot range. Built Park. in 1941, Kroger’s current Midtown grocery is 39,723 square Tips Cos. Inc. signed a 47,500-square-foot lease at Kroger has acquired the Belvedere Apartments in feet spread across two levels, with the sales floor occupy- 4292 E. Raines Road. Hank Martin and Elliot Embry with Midtown as part of a long-term project to reconfigure the ing less than 30,000 square feet. NAI Saig Co. brokered the deal, including representation grocery store’s antiquated and challenged layout. It’s an uncommon format compared to other Kroger of the landlord, Net Magan Property Owner One LP. Kroger Delta Division closed Wednesday, Sept. 12, on locales, and the parking situation is an issue that “every- “They originally signed a short-term lease for half the the 10-story apartment high-rise at 1733 Union Ave. from body that’s owned it prior to us has struggled with.” building and renewed and expanded to take the entire Belvedere Apartment Inc. The sale includes Belvedere’s “Most of the upstairs is our receiving and prep area building,” Embry said. attached and front parking areas. where we prepare, cut meat, do our produce – all of the “The additional space will allow them to continue to Kroger spokesman John Bell said while the deal does normal facilities that are behind departments in regular grow their business and meet additional demands from not signify immediate action for construction of a new stores are upstairs,” Bell said. “Our intent is to build a existing customers.” store, it’s a step in the right direction. store that satisfies our customers’ wants and needs and The warehouse distribution space is rail served and “We don’t own enough property with just purchasing demands for what they want in a grocery store. Right now, contains 4,200 square feet of office space. The Belvedere to even start putting a new store on the we can’t do it in the store we’ve got.” In addition, Pac West has leased 22,500 square feet of lot,” Bell said. “It takes a much bigger footprint than that. Memphis-based Kroger Delta Division, a division of warehouse distribution space at 3742 Air Park St. If we could twitch our nose, we would love to go and build Cincinnati-based The Kroger Co., operates 42 stores in the Martin represented the tenant. Michael Mullis, part- a new store there tomorrow, but … we’re way out on the metropolitan area. Kroger is in the midst of construction ner at Farnsworth Investment Co., brokered the deal for front end of this, it could be a year, it could be two years, it of a new prototype store in Poplar Plaza that will be just the landlord, Progression Realty LLC. could be 10 years.” shy of 100,000 square feet. But Bell said stores of its The 145,804-square-foot Belvedere at Union and Le- scope are “unusual.” And in renewals, Central Defense Services has master Street was built in 1964 and has a 2012 appraisal of “We’ve got the space and we’ve got the renewed its 6,046-square-foot office lease at Apple $2.1 million. Bell said he did not know the purchase price, customer loyalty in that area that have been Tree Center, 6073 Mt. Moriah Road Extended. and deed filings had not been recorded by press time. asking for more offerings like nutrition and Justin Lubin, vice president at Makowsky Kroger at present rents the store at 1761 Union as part organics and sushi bars – things that we just Ringel Greenberg LLC, represented the tenant. of a long-term lease from Art Seesel’s family. The family didn’t have the square footage to offer in the Alex Stringfellow, associate at CB Richard Ellis also owns the sliver of land behind the store as well as the old store,” Bell said. “That store will be a very Memphis, represented the landlord, Apple parking area directly behind Belvedere Apartments. nice store, but much larger than we would Tree Investment General Partnership. Kroger bought eight Memphis area Schnucks super- ever even have the luxury of considering even markets last September, including the Midtown location. if we did own all of the property on that Send commercial lease announce- That acquisition gave Kroger ownership of the entire whole block.” ments to Sarah Baker, who can be block spanning east to South Idlewild Street, including reached at 521-2464 or sbaker@ the old Trousseau building at 1775 Union and the former In other commercial leasing news, memphisdailynews.com. www.thememphisnews.com September 14-20, 2012 25
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LAW & THE COURTS Jackson Lewis Law Firm Honored for Diversity
ANDY MEEK | The Memphis News Law Firms for Women,” 13th for “Top 25 well as the advancement of women. well as Jackson Lewis' corporate diversity Law Firms for African-Americans,” and Meanwhile, over the past 12 months counseling group. "We actively seek to re- 16th for “Top 25 Law Firms for Hispanic- Jackson Lewis has sponsored several cruit, hire, retain, develop and advance a Americans.” organizations committed to the advance- diverse team of employees who share our ackson Lewis LLP, one of the coun- Patrick Vaccaro, firm-wide managing ment of diversity among lawyers, includ- passion for representing management in try’s largest workplace law firms and partner, said Jackson Lewis’ commitment ing the Hispanic National Bar Associa- all aspects of workplace law, and we are J which opened a Memphis office four to diversity in its ranks is a core value tion, the Minority Corporate Counsel proud to be recognized for fostering an years ago, has achieved a prominent na- as the firm continues to expand around Association, the National Asian Pacific environment where everyone can grow, tional recognition for its diversity efforts. the country. Examples of that include American Bar Association and the Na- learn and succeed." The firm is ranked 36th on MultiCul- the firm's "Jackson Lewis Scholarship tional Association of Women Lawyers, To coordinate inclusion efforts tural Law magazine’s 2012 “Top 100 Law Program," which provides scholarships to among others. throughout Jackson Lewis' 49 locations, Firms for Diversity” listing, which stacks students traditionally underrepresented Vaccaro pointed to Jackson Lewis the firm has a standing Diversity Com- up the top firms in the nation on the basis in the legal field. partner Weldon Latham as helping lead mittee. It consists of Latham; Manage- of diversity and inclusion. Jackson Lewis also is a founding the firm’s diversity initiative to a new ment Committee Liaison Joan Ackerstein; In addition, Jackson Lewis earned member of the Project for Attorney level. Diversity Manager and Partner Michael even higher rankings in several special- Retention, an initiative of The Center for "Our extremely impressive standings Hatcher; and the co-chairs of five Attor- ized areas that will be published in the Worklife Law at the University of Califor- in MultiCultural Law's 'Top 100' lists are a ney Resource Groups for African-Ameri- spring edition of MultiCultural Law. The nia Hastings College of the Law. Its mis- testament to Jackson Lewis' unwavering can, Asian-American, Hispanic, Women, firm ranked ninth among “Top 50 Law sion includes keeping lawyers in the field focus on inclusion efforts," said Latham, and Lesbian, Gay, Bisexual and Transgen- Firms for Partners,” third for “Top 100 by promoting a solid work-life balance as chair of the firm's Diversity Committee as der attorneys.
315 DANNY THOMAS PLACE $4.8 million for three Hickory Hill memphis, tn 38103 apartment complexes that faced a REAL ESTATE RECAP permit cost: $92.7 million series of legal troubles last year. The purchases were made in Permit Date: Applied September three transactions. The 157-unit Wilson Auto Group Affiliate 2012 Emerald Park Apartments at 3338 Owner/Tenant: St. Jude Children’s Summer Place Lane was bought Research Hospital from Emerald Park Apartments LLC Buys Byhalia Road Acreage Contractor: Flintco LLC for $2 million; the 97-unit Emerald Details: St. Jude Children’s Research Square Apartments at 6082 Knights-
KATE SIMONE | The Memphis News Hospital is moving ahead with ex- bridge Road was bought from Emer- pansion plans, filing a $92.7 million ald Square LLC for $1.6 million; and building permit application for an the 92-unit Emerald Pointe Apart- addition to the Chili’s Care Center at ments was bought from Emerald
E Winchester Blvd 315 Danny Thomas Place. Pointe LLC for $1.2 million. The application lists the scope The complexes were built be- S Byhalia Rd of work as a nine-story addition to tween 1973 and 1975, and the Shelby the center, with Flintco LLC as the County Assessor of Property’s 2012 general contractor. appraisals total $10.9 million. The state Health Services and The three complexes went into Wilson Real Estate Development Agency in August foreclosure in June 2011. Shortly acreage 2011 approved a $190 million tower thereafter, Emerald Apartment next to the Chili’s Care Center. The Group filed a lawsuit for fraud and tower, which is under construction, intentional misrepresentation. includes patient rooms, research The parties settled the lawsuit Bill Morris Pkwy 385 facilities and a proton-beam therapy in July 2011 for an undisclosed sum, center used to treat inpatient and and Emerald Apartment Group sold 4.9 acres at tenn. 385 and byhalia road outpatient pediatric cancer patients. the properties back to the Atlanta- based former owners. 4.9 acres at Tenn. 385 and byhalia road 3338 summer place lane, SALE AMOUNT: $1.4 MILLION (BUMPUS PROPERTIES); 6082 knightsbridge road 4727 Pleasant run road $625,000 (BOSHWIT BROS.) and 3315 hickory hill road memphis, tn 38118 SALE AMOUNT: $2 million sale amount: $905,000 Sale Date: Aug. 21, 2012 (EMERALD PARK); $1.6 MILLION Buyer: Wilson Real Estate LLC (EMERALD SQUARE); $1.2 MIL- Sale Date: Aug. 30, 2012 Seller: Bumpus Properties LLC (2.8 acres); Boshwit Bros. Mortgage Corp. (2 acres) LION (EMERALD POINTE) Buyer: Daco Corp. Loan Amount: $5.3 million Seller: Transport International Pool Loan Date: Aug. 23, 2012 Sale Date: Aug. 28, 2012 Inc. Maturity Date: Aug. 23, 2017 Buyer: Emerald Properties LLC Details: Memphis-based Daco Lender: JPMorgan Chase Bank NA Seller: Emerald Park Apartments Corp. has bought an 11,860-square- Details: An entity affiliated with Wilson Auto Group has bought 4.8 acres at the LLC, Emerald Square LLC and Em- foot service garage at 4727 Pleasant northwest corner of South Byhalia Road and Tenn. 385 and filed a $5.3 million con- erald Pointe LLC Run Road, west of Lamar Avenue, struction loan for the property. Loan Amount: $4.8 million for $905,000. The seller, Transport Wilson Real Estate LLC, based in Flowood, Miss., bought 2.8 acres from Bumpus Loan Date: Aug. 28, 2012 International Pool Inc., had owned Properties LLC for $1.4 million and the remainder of the property from Boshwit Bros. Maturity Date: Feb. 10, 2014 the property since 1994. Mortgage Corp. for $625,000. The Shelby County Assessor of Property’s combined Lender: Planters Bank Inc. Built in 1995, the garage is situ- 2012 appraisal is about $723,000. Details: Clarksville, Tenn., entity ated on 14 acres on the south side of JPMorgan Chase Bank provided the construction loan, which matures in 2017. Emerald Properties LLC has paid Pleasant Run. 26 September 14-20, 2012 www.thememphisnews.com
Did They Really Memphis Law Talk Say That Weinreich Switches Thanks for the cards and letters regarding how much you enjoyed the past few weeks’ return to our roots – our roots being quota- tions from “The Record,” that large, vague com- Professional Gears pendium of things people have actually said or writ- AISLING NAKI | The Memphis News ten in court proceedings. To the question that I’m repeatedly asked, “Yes! They actually did say that.” This week, we’ll give things a bit of a twist. These are VIC FLEMING words uttered by lawyers I SWEAR themselves – usually after an answer given by a witness and, perhaps, while not fully processing the words they heard: Q: What is your relationship to Darrell? A: I’m his mother. Q: And you have been all his life?
Q: I’m going to show you what’s been marked as State’s Exhibit 2. Do you recognize this picture? A: John Fletcher. That’s me. Q: This is you? A: Yes, sir. Q: Were you present when the picture was taken?
Q: When was your son born? A: 1956. Q: Was this before or after your hysterectomy?
Q: Where did you have sexual relations with this woman? WEINREICH A: In my pickup truck. Q: Were you parked? n attorney by profession, husband took a job as a pilot for Fe- the Southern College of Optometry, Q: What else did they take X-rays of? Other than Christine Weinreich recently dEx Corp. ranked as one of the nation’s leading your knees Aswitched gears, taking on “We love Memphis,” said Wein- institutions for optometric educa- and your the role of director of corporate and reich, the mother of two sons ages 10 tion, at a fundraising event. I Swear Crossword heads? foundation relations for the South- and 15. “Our kids are doing very well, This encounter led to her ap- ern College of Optometry, an inde- they love their school, and it’s been a plying for the position of director of Fleming’s weekly puzzle Page 31 A: Heads? pendent, nonprofit academic institu- really fabulous transition.” corporate and foundation relations Q: Your tion at 1245 Madison Ave. She’s currently working on ob- at the college. head. Excuse me. You have only one head, correct? Weinreich spends much of her taining her license to practice law Weinreich doesn’t wear glasses time writing grant applications, net- in Tennessee. Although she’s not and had never even been to an op- working with potential community required to re-take the bar exam, tometrist, but she was especially Q: How long have you lived in this town? partners and donors, and speaking she says the application process is drawn to the institution’s charitable A: All my life. publicly, delivering presentations on a lengthy one, and she expects to work in the Memphis community, as Q: And where did you live before that? behalf of the college. finally be licensed sometime within well as its international outreach ef- Weinreich practiced law in Mich- the next year. forts, which enable students to travel Q: Were you the daughter of the late W.T. Van- igan for 13 years prior to her new role Knowing that she couldn’t jump abroad, providing eye care to people dergrift? in Memphis, something she says into practicing law, Weinreich con- in need. A: Yes, I was. “really prepared me for any number sidered how she could best use her “Last year they gave away over Q: In what capacity? of different avenues I might want skills and experience – particularly a million dollars in services in the to take. And I didn’t feel hesitant at her strong, persuasive writing and community to people who can’t af- Q: Where were you born? all taking this road, with my legal public speaking skill set – eventually ford them, and I thought that was A: Memphis, Texas. background, because I could see so settling on the nonprofit sector. great,” she said. “Now my position is Q: When? clearly the ways that the skills would During her time as a lawyer in to advocate for this institution that’s A: Aug. 20, 1953. transfer.” Michigan, she spearheaded fund- doing things that really do have an Q: Did you live in Memphis? Or did you just go Weinreich completed her under- raising efforts for local charities and impact.” there to be born? graduate degree in psychology at found nonprofit to be a “really ap- Although the Southern College Kalamazoo College before receiv- pealing and rewarding arena.” of Optometry retains outside legal Q: How far pregnant are you? ing her law degree from Thomas M. “I was really becoming interested counsel, Weinreich says she’s the A: I will be three months on Nov. 8. Cooley Law School in Lansing, Mich. in ways that I could use my advo- first attorney ever to have joined the Q: Apparently the date of conception was Aug. She practiced primarily in the ar- cacy skills and my writing skills. college’s staff. 8? eas of family law and bankruptcy. The reason I became a lawyer was Weinreich volunteers for the A: Yes. “In law, there’s a lot of behind- to do good … because I wanted to Greater Memphis Greenline and Q: What were you and your husband doing at the-scenes work that’s not too glam- help people and really make an im- serves on the board of a newly es- that time? orous,” she said. “It is hard work, pact in the world,” she said. “I found tablished nonprofit called Outreach it’s dealing with people’s emotions, that legal practice certainly makes Housing and Community Inc., which Q: You’ve testified that Cecil is dead? especially in family law. … The high- an impact, but there are these other works with the homeless mentally ill A: Yes. He died this year in March or April. lights are incredibly high highlights arenas that also can have a dramatic population. Q: So, he’s not available to testify in this hearing, – coming out of court with a great impact.” But her favorite activity is spend- is that right? result for a client and making an im- Weinreich began networking ing quality time with her two grow- Vic Fleming is a district court judge in Little Rock. pact on somebody’s life.” with groups and individuals in the ing boys. Weinreich moved to Memphis local nonprofit sector, which led to “My 10-year-old and I took a long just more than a year ago after her her meeting representatives from bike ride last night,” she said. www.thememphisnews.com September 14-20, 2012 27
Memphis STANDOUT Terry Dedicated to Betterment of City
AISLING MAKI | The Memphis News worker, after graduating from the Univer- dren who are victims of severe physical sity of Memphis in 1996 with a master’s and sexual abuse. degree in rehabilitation counseling. “Working there was where I got most She first worked at Grace House of of my development education,” she said. emphis native Laura Terry, de- Memphis, followed by time serving cli- “That’s where I really felt a passion and velopment officer at The MED ents of Catholic Charities of West Tennes- knew this field was where I needed to be. MFoundation, has dedicated her see. The Child Advocacy Center is where I had career to bettering the community by “I started off doing clinical work, that pivotal moment in my career.” working in the Bluff City’s nonprofit sec- mainly with people who were homeless In March, Terry stepped into her new- tor – something she attributes to her par- and had a mental health diagnosis or est role as development officer at The ents’ influence. were duly diagnosed with mental health MED Foundation, the fundraising arm Terry was born in Memphis in 1968 at TERRY issues and alcohol and drug problems,” of The Regional Medical Center at Mem- the height of the civil rights movement, Terry said. phis. after her father, Fred Terry, relocated the up working at the Metropolitan Inter- But it was at MIFA that Terry first The foundation’s small staff of five family from Cleveland, Ohio, to take a Faith Association (MIFA), founded in Sep- transitioned from clinical work into non- raises money to purchase state-of-the-art position as an engineering professor at tember 1968 to address poverty and racial profit development, after the nonprofit’s specialty equipment and train and edu- Christian Brothers University. division in Memphis following the sanita- vice president of development encour- cate frontline staff at the public hospital. The family initially lived in East tion workers’ strike and the assassination aged her to apply for a job opening in the “We’re small but we’re mighty,” she Memphis, but Terry’s mother, Sarah Rat- of Dr. Martin Luther King Jr. earlier that department. said. ner – a speech therapist at Memphis City year. She was initially intimidated by the “We’re really excited about the direc- Schools, who was involved in civil rights – Terry wore many hats during her pressure of raising money. tion of The MED and we’re proud to be moved the family to Midtown to raise her years at MIFA, initially working with “It scared me because it was some- able to support it. Our team is working to children in a more diverse environment. homeless families, and later moving into thing I’d never done before,” Terry said. expand the message and the outreach of Terry’s stepmother is civil rights activ- money management and a mentoring “But I took it and I loved everything about The MED Foundation in the community, ist Dorothy “Happy” Jones, and her step- program that she says was the first ac- it. I got to know a lot of people in the com- to get our name out there.” father, the late attorney Marvin Ratner, credited mentoring program in Memphis. munity and it was a great fit.” Terry said she focuses primarily on along with colleague Russel Sugarmon, Terry, who holds an undergraduate In 2007, Terry went to work in devel- annual giving, maintaining relationships formed the city’s first integrated law firm. degree in sociology from the University opment for the Memphis Child Advocacy with current donors to keep them en- It’s no surprise Terry would later end of Arizona, began her career as a clinical Center, which serves Shelby County chil- gaged while reaching out to new donors.
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193 Jefferson Avenue • Memphis, TN 38103 • 901-458-6419 • www.chandlerreports.com www.mychandlerreports.com 28 September 14-20, 2012 www.thememphisnews.com
ARTS & ENTERTAINMENT Historically Hip Cooper-Young Festival celebrates 25 years of fundraising for the district
SARAH BAKER | The Memphis News
here will be meandering crowds, all of the businesses in the vicinity are lo- hand-made art, funky tunes, politi- cally owned. Tcal campaigning, locally sourced “That creates something special in our foods and a fireworks display. neighborhood,” she said. “We see a lot of More than 400 vendor booths are slat- new faces and we see a lot of familiar faces, ed to celebrate this year’s 25th anniversary we see both.” of the Cooper Young Festival on Saturday, Another local business owner is Dana Sept. 15, from 9 a.m. to 7 p.m. at the corner W. McBride of Toad Hall Antiques. While of Cooper Street and Young Avenue. she closes her shop because of its location Now Memphis’ largest single-day at Central Avenue and Cooper where the neighborhood event, the festival is a free, stoplight is blocked, she is trying some- family-friendly, homegrown music, arts thing different this year. and crafts street festival that draws thou- “We are going to actually try and have sands to the “hip-storic” Cooper Young some items in our parking lot because so District. many people walk by,” McBride said. “So The 2012 Cooper-Young Festival we’re setting up a tent and we’re going to is dedicated to Bill Stemmler, festival have local artwork that we carry here at the chairman for the last 25 years. He recalls store.” October 1988, when he garnered the funds Meanwhile, Duncan Aiken of Skunx by Boatman’s Bank and other sources to Chef Pub at 2158 Young Ave., is preparing subsidize the inaugural festival. The event for his first year in business during the headliner that year was Joyce Cobb and a festival by tweaking his menu to those on mere 59 vendors participated. the go. “It started out really cool and over- Photo: Courtesy of Cooper-Young Business Association “I’m trying to focus on small plates that cast,” said Stemmler, vice president and When it started 25 years ago, the Cooper-Young Festival drew 2,000 people. Some are quick, easy, fast, that people can just 120,000 visitors are expected this year. Community Reinvestment Act commu- get in and out,” Aiken said. “We’re doing a nity development officer with Cadence operation. “Every year, because of people coming barbecue bacon-wrapped shrimp with wa- Bank. “Then I think around noon or 1 Hosted annually by the Cooper Young that hadn’t been here, or lived in Memphis ter chestnuts in it, bit-sized crab cakes, my o’clock, the crowd kind of picked up and Business Association, the festival draws lo- and didn’t even know it existed, it helps homemade meatballs and then of course, the weather got warmer. I was in a heavy cal and regional homeowners, merchants promote that,” Stemmler said. “They come pizza by the slice.” jacket, then a sweatshirt, then out of that and businesses to the district – brand rec- and they spend money at the festival that Even those businesses not directly in to a T-shirt.” ognition that likely no other neighborhood we put back into the community. It helps the district expect to capitalize on in- The change in temperature would in the city can claim. Festival proceeds us operate and promote this area 365 (days creased traffic. eventually bring some 2,000 attendees, are redistributed into the area’s nonprofit a year).” “It really does bring a nice, healthy which deemed the festival a success. organizations, the local community police Mary Burns, owner of longtime Coo- business to everything around it,” said Today, Cooper-Young Festival boasts more office and to make infrastructure improve- per-Young tenant Java Cabana, attributes Gene Elliott of Calming Influence Massage than 120,000 visitors in its 10 hours of ments. the festival’s growth to the fact that nearly & Bodywork at 74 N. Cooper St.
education School Board to Welcome New Members
BILL DRIES | The Memphis News Gibson, a Realtor involved in school which he has mentored other principals board held by Reaves, which is a predomi- organizations, knows several members of and served as principal of Trezevant nantly Bartlett district. the schools consolidation planning com- Career and Technology Center, East High Gibson was appointed to the District mission whose 170-plus recommenda- School and Raleigh Egypt High School. 5 seat of the old Shelby County Schools he two newest countywide school tions on a merger structure and plan are Gibson made no distinction between board held by Pickler, which is a predomi- board members are question awaiting school board votes. city and county schools in talking about nantly Germantown district. Tmarks on the most critical and “They have put together a very her motivation. Love and Gibson will serve for the year time-sensitive questions the entire school thoughtful and reasoned plan,” she said. “I want my children to come back remaining on the terms of office of Reaves board faces with less than a year to the “Anytime you talk about outsourcing or home,” she said of her adult children and Pickler on the old school board. merger of Shelby County’s two public potentially laying off people, especially who live elsewhere. “I want them to come Members of the former county and school systems. in this economy – it should give us pause. home to Memphis, to raise their children, Memphis City Schools boards are part of Mary Anne Gibson and Oscar Love The same with closing schools. Those to live here, to work here and I want them the transitional 23-member countywide were appointed Monday, Sept. 10, by the schools are important to their commu- to be in the same school system they grew school board for another year along with Shelby County Commission. nity.” up in. We chose to educate our children in the members of the seven-district county- “I’m not prepared to make a statement The outsourcing recommendations public schools.” wide board. on that,” said Love a retired Memphis City for transportation and custodial services Love and Gibson fill vacancies created Once Shelby County’s two school Schools principal. “I’ll have to think more as well as a recommendation to close up when David Reaves and David Pickler, systems are merged in August, the old about it and have a better understanding. to 20 Memphis schools in a year’s time are who held the seats, were elected to the school board positions will be eliminated I want to always make a decision in the the most controversial of the recommen- seven-district countywide school board in leaving only the seven-district county- best interest of children. I don’t think I’m dations by the planning commission. the Aug. 2 elections. wide board. It is that seven-district board at that point in terms of being familiar Love said he was urged by others to Love was appointed to the District 3 that Pickler and Reaves won election to in with the issues.” seek the appointment after a career in position of the old Shelby County Schools last month’s elections. www.thememphisnews.com September 14-20, 2012 29
Memphis NEWSMAKERS Three Secrets McBroom Joins Indie Memphis To Closing KATE SIMONE | The Memphis News More Business
Considering how hard salespeople have to work to land a meeting with a prospec- Mandy McBroom has been named director of operations for Indie tive customer, it’s surprising how little effort Memphis, the first full-time staff member to hold the position. In her new is typically put into the follow-up with that role, she will oversee festival operations, shorts programming, volunteer prospect after the meeting. The result is lost opportunities and membership growth. opportunity and the need to work harder than necessary to meet sales targets. Hometown: Nashville What are your goals in your new The art of a successful follow-up strategy position at Indie Memphis? This is begins while you’re meeting with your prospect. Education and work experience: the 15th year for the Indie Memphis Assuming you’re not able to close the sale on Bachelor's in English and philosophy Film Festival, so we want this to be the spot, it’s vital to at Middle Tennessee State University; the biggest and best festival yet. The secure your next step attended Watkins Film School. I’ve festival is ready to grow, and I am while you’re in person. spent the last 12 years working film here to help do just that. I want to help mcbroom It’s 75 percent easier festivals. Most of my time spent at program some great films and pro- in that moment than if Nashville Film Festival, with a couple mote the amazing lineup of films and The Tennessee Association you wait until after the of years at Sundance then as director events we have this year. I am going to of Health Underwriters has in- fact. of the Nashville Jewish Film Festival. work hard to reach out to increase our stalled its 2012-2013 executive Gain your pros- membership and attendance to let board. Memphis-based board pect’s firm commit- Family: Me and my two dogs, Blixa our community know about all of the members include: Jonathan Lori turner- ment on a follow-up and Mavis events we bring to Memphis, not only Frisch, president; Michele My- wilson meeting or call and during the festival, but also through- ers, membership retention guerrilla sales and marketing clarify the objective for Favorite quote: “True success is fig- out the year. chair; and Dottie Lankford, that conversation. As- uring out your life and career so you communications chair. suming you’ve already presented your proposal, never have to be around jerks.” – John What do you most enjoy about your consider assumptive language like: “I’m looking Waters work? Getting to view the new works Richard Reynolds has forward to our follow-up meeting next Tuesday of talented filmmakers is always a joined the Memphis office of at 10, where we’ll discuss any outstanding ques- Favorite movie: Errol Morris and plus. But I couldn’t ask to work with Professional Service Industries tions you may have and finalize the near-term Werner Herzog are a couple of my better people than the team that Inc. as a staff environmen- next steps for moving forward.” From there, favorite filmmakers, but I also have a makes up Indie Memphis. They are tal scientist. Reynolds holds a follow these three simple tricks of the trade to soft spot for stuff like “Donnie Darko” the most dedicated, hardworking and Bachelor of Science in environ- close more business. or “Fast Times at Ridgemont High.” genuinely nice people I have ever met. mental geoscience. Secret No. 1: Kick off your follow-up meeting by asking great questions and actively listen- Tim Jessup has joined Sig- nature Advertising as art direc- ing to what your prospect is telling you. Your tor/designer; Ellis Fowler has primary goal is to help your prospect make a joined as a motion graphics good decision; not simply to close a sale. That’s specialist; and Jordan Pegram how you build real relationships and generate a has joined as a workflow man- strong referral base. ager. Pose open-ended questions or statements such as: Tell me about the elements of the J. Gregory Grisham, James proposal that will have the most impact on your R. Mulroy II and James H. business. Tell me about anything that might Stock Jr. of Jackson Lewis LLP have been missing or needs to be reworked. Tell have been selected for inclusion me about any other particulars you’d like to be Developing Leaders to Move in the 2013 edition of The Best sure are taken into consideration as we move Lawyers in America. Mulroy is forward. Memphis Forward the managing partner of the Secret No. 2: If you were unsuccessful in Memphis office, and Grisham gaining agreement about a near-term next step and Stock are partners in the while meeting with your prospect, follow-up office. by phone is often necessary. Ensure you have The Leadership Academy’s Fellows Program is a 12-month engagement something new to say that adds value for your giving high-potential emerging leaders the tools, connections and Libby Huff has joined prospect. No one likes to have a sales rep call to experiences to become community change agents. Want to learn Trezevant as a sales counselor. simply “check in.” If you’ve researched new in- more about this program? Join us for one of our information sessions: Huff, who will market and formation that will help address your prospect’s sell apartments and homes at needs, you’ll be deemed more of a partner or Trezevant, previously held ad- consultant than a salesperson. September 17th, noon – 1:00 p.m. vertising and sales positions at Secret No. 3: If your prospect is unable to Germantown Library – 1925 Exeter Rd, Germantown 38138 The Commercial Appeal and make a buying decision in the near term, your RSVP Magazine. October 15th, 6:00-7:00 p.m. follow-up strategy should be to stay top-of- Junior League of Memphis – 3475 Central Ave., Memphis 38111 mind until they are able to move forward. Be Dr. Xiangen Hu, University persistent but not a pest; so mix up every of Memphis professor of psy- October 26th, noon – 1:00 p.m. touch point. Alternate between calls, emails or chology in cognitive science The Leadership Academy, 22 N. Front St., Ste. 500, Memphis 38103 mailers, ensuring you have something of added has been awarded the College value to offer each time. Consider working in a of Arts and Sciences’ Dunavant call from a current customer who can speak to Professorship. Hu will receive a their confidence in your company. three-year grant to support his Master the art of the successful follow-up to For more information or to register visit www.leadershipacademy.org research. ensure you’re properly nurturing each prospect opportunity versus churning through new pros- Bill Maclin, a certified fi- pects as if there were an unlimited supply. nancial planner with Ameri- prise Financial, has received Lori Turner-Wilson is an award-winning col- circle of success recognition at umnist and managing partner of RedRover Sales the annual Ameriprise National & Marketing, www.redrovercompany.com. Conference. 30 September 14-20, 2012 www.thememphisnews.com
news happenings volunteer day Saturday, Mid-South will meet Wednesday, Sept. 19, » the arts Sept. 15, from 9 a.m. from 11:30 a.m. to 1 p.m. at The Racquet Club Germantown Community Theatre will pres- Downtown Museum Day will be held to 1 p.m. at Chucalissa, of Memphis, 5111 Sanderlin Ave. Michael ent “Steel Magnolias” Friday, Sept. 14, to Sept. 1987 Indian Village Drake, chairman and CEO of masterIT, will Saturday, Sept. 15. The all-day event offers 30 at the theater, 3037 Forest Hill-Irene Road. Drive. Volunteers will present “Building a Business, Delivering a Visit germantowncommunitytheatre.org or call Tennessee residents free or half-price assist in sorting Brand Promise.” Cost is $30 for guests and 754-2680. artifacts and scanning $20 for students. Visit sms-midsouth.org or »admission to museums across Downtown. The Buckman Performing Arts Center at St. photographs for Chu- call 866-290-4241. Mary’s School will host an opening reception calissa’s digital archive Visit facebook.com/downtownmuseumday for the Michelle Duckworth art exhibit Friday, project. Visit memphis. Rotary Club of Memphis East will meet Sept. 14, from 5 p.m. at 7 p.m. at the center, 60 for a list of participating venues. edu/chucalissa for Wednesday, Sept. 19, at noon at the Racquet Perkins Road Extended. Visit buckmanartscen- details. Club of Memphis, 5111 Sanderlin Drive. Dr. ter.com. Reginald Coopwood of The Regional Medical The Catholic Diocese Center will speak. Cost is $17. R.S.V.P. to Lee ANF Architects will hold an opening reception Community of Memphis will hold Hughes at [email protected]. » for “Heart of Havana: Photos From Cuba” Fri- the Angel of the Catholic Schools Award Din- United Housing Inc. and Medtronic Inc. will day, Sept. 14, from 6 p.m. to 9 p.m. at its offices, ner & Silent Auction Sunday, Sept. 16, at 6 Memphis Botanic Garden will hold Farmers’ demolish a house in the Scenic Hills neigh- 1500 Union Ave. The exhibit runs through Oct. p.m. at St. Benedict at Auburndale, 8250 Var- Market at the Garden Wednesday, Sept. 19, borhood as part of United Way’s 2012 Day of 5. Visit anfa.com. Caring Friday, Sept. 14, from 9 a.m. to 3 p.m. navas Drive. Cost is $25. The Bishop’s Open from 2 p.m. to 6 p.m. at 750 Cherry Road. Visit Golf Tournament will be held Monday, Sept. memphisbotanicgarden.com. at 3042 Scotland Road. The house will be The Capitol Steps political comedy troupe will 17, at Windyke Country Club, 8535 Winchester restored and sold. Visit uhinc.org. perform a special election-year show Friday, The Council of Supply Chain Management Road. Cost is $100. Buy tickets for each event Sept. 14, at 8 p.m. at Germantown Performing The University of Memphis will host James at bishopsopen.org or call 373-1205. Professionals Mid-South Regional Round- Arts Centre, 1801 Exeter Road. Visit gpacweb. Carville and Mary Matalin at its “Political table will meet Thursday, Sept. 20, from noon com for tickets. Perspectives” centennial luncheon Friday, HRO Partners will offer a supervisors training to 1 p.m. at Boiling Point Restaurant, 4975 Sept. 14, at 11:30 a.m. in the University Center course on legal issues Tuesday, Sept. 18, from Pepper Chase Drive in Southaven. Networking The Orpheum Theatre will present “The ballroom on campus. Carville and Matalin will 8:30 a.m. to 11:30 a.m. at Owen Brennan’s begins at 11:30 a.m. Kevin Storar, lead logisti- Rocky Horror Picture Show” as part of its discuss the political issues facing the nation restaurant, 6150 Poplar Ave. The training cian in AT&T’s Supply Chain headquarters, summer classic movie series Friday, Sept. 14, as well as the ongoing presidential campaign. will cover harassment and discrimination will present an overview of AT&T’s disability at 8:15 p.m. at the theater, 203 S. Main St. Visit Cost is $30, or $300 for a table of 10. Visit issues as well as wage and hour compliance. program. Cost is $25. Register at cscmp.org or orpheum-memphis.com or call 525-3000 for memphis.edu/100lunch for tickets. Cost is $245. R.S.V.P. to Angela Harrington at email [email protected]. tickets. [email protected] or 737-0123. The Memphis Farmers Market will be open The RISE Foundation’s Responsible Gallery Ten Ninety One will hold an artist’s Saturday, Sept. 15, from 7 a.m. to 1 p.m. at Shelby County Trustee David Lenoir and Lending Collaborative will meet Thursday, reception for Lisa Williamson’s “Postcards From Central Station Pavilion, 545 G.E. Patterson the Shelby County Land Bank will hold a Sept. 20, from 3 p.m. to 5 p.m. at 1548 Poplar My Summer Vacation” Sunday, Sept. 16, from Ave. at South Front Street. Visit www.memph- “real estate road show” forum for investors Ave. 2 p.m. to 4 p.m. at the WKNO Digital Media isfarmersmarket.org for more information. Tuesday, Sept. 18, from 10 a.m. to noon at the Center, 7151 Cherry Farms Road. The exhibit Benjamin L. Hooks Central Library, 3030 Pop- Christian Brothers University will host a Vet- runs through Sept. 28. Call 458-2521. The Arc Mid-South will host the 2012 lar Ave. The forum will highlight the portfolio erans’ Administration aid seminar Thursday, Empowerment Doubles Tennis Tournament of county-owned properties and those being Sept. 20, at 6 p.m. in St. Joseph Hall, room 10, The Orpheum Theatre will present “Billy Saturday, Sept. 15, and Sunday, Sept. 16, from marketed through the Land Bank. Cost is free, on the CBU campus. VA-accredited attorney J. Elliot the Musical” Tuesday, Sept. 18, through 8 a.m. to 5 p.m. at Roark-Whitehaven Tennis but space is limited. R.S.V.P. to 432-4884. Anthony Bradley will present “The Truth About Sept. 23 at the theater, 203 S. Main St. Visit Center, 1500 Finley Road. Cost is $60 per the Aid & Attendance Pension Benefit for Our orpheum-memphis.com or call 525-3000 for team. Register at thearcmidsouth.org. The Church Health Center/MIFA Farmers Wartime Veterans.” Cost is free. Call Anthony showtimes and tickets. Market will be open Tuesday, Sept. 18, from 10 McClyde at 321-4455. The 25th annual Cooper Young Festival will a.m. to 2 p.m. at Church Health Center Well- Tennessee Shakespeare Co. will present be held Saturday, Sept. 15, from 9 a.m. to 7 ness, 1115 Union Ave. Visit churchhealthcenter. PARK(ing) Day Memphis 2012 will be held “The Complete Works of William Shakespeare p.m. at the corner of Cooper Street and Young org. Friday, Sept. 21, from 11 a.m. to 6 p.m. on Pea- (abridged)” Thursday, Sept. 20, to Oct 7 at Avenue. Cost is free. Visit cooperyoungfestival. body Place between Front and Second streets. Poplar Pike Playhouse, 7653 Old Poplar Pike. com for a list of events. Memphis Bioworks Business Association, Artists, community groups and others will Visit tnshakespeare.org. the U.S. Small Business Administration and transform metered parking spaces into public Literacy Mid-South will hold its annual The University of Tennessee Institute for parks. Visit downtownmemphis.com. Dixon Gallery & Gardens will host Art After book sale during the Cooper Young Festival Public Service will host Memphis Bioworks Dark featuring artist Jim Buchman Thursday, Saturday, Sept. 15, from 9 a.m. to 2 p.m. at its SBA Fast Conference: Growing Your Biosci- St. Jude Ride, a 24-hour relay cycling event to Sept. 20, from 6 p.m. to 9 p.m. at Dixon, 4339 offices, 902 S. Cooper St. More than 5,000 ence Business Wednesday, Sept. 19, and benefit St. Jude Children’s Research Hospital, Park Ave. Cost is regular museum admission. new books will be for sale for $5. A preview Thursday, Sept. 20, at the MBBA conference will be held from Friday, Sept. 21, at 6 p.m. Visit dixon.org. party will be held Friday, Sept. 14, from 4 p.m. center, 20 S. Dudley St., first floor. Visit bio- to Saturday, Sept. 22, at 6 p.m. Visit stjude. to 7 p.m. Cost for the preview is $20. Visit worksbusiness.com. org for details on registration and fundraising Madison Hotel will continue its 2012 Sunset literacymidsouth.org. minimums. Atop the Madison series Thursday, Sept. 20, Massage Envy and the Arthritis Foundation from 7 p.m. to 11 p.m. at the hotel, 79 Madison Lipscomb Pitts Breakfast Club will hold will hold the Healing Hands for Arthritis fund- Christian Brothers University Alumni Ave. Cost is $7. For details, call 333-1200. a Mississippi River bank cleanup Saturday, raiser Wednesday, Sept. 19, at its locations in Association will host the fall trivia night Sept. 15, from 8 a.m. to 11 a.m. on the banks Midtown, 1680 Union Ave., suite 111, and Col- fundraiser Friday, Sept. 21, at 7:30 p.m. in the The Rudi E. Scheidt School of Music will of Harbor Town and by The Pyramid. Contact lierville, 4610 Merchants Park Circle, suite 511. Alfonso dining hall on the CBU campus, 650 host a concert by trombonist Michael Under- Colton Cockrum at [email protected] A $10 portion of all massages and facials will East Parkway S. Proceeds benefit the CBU wood Thursday, Sept. 20, at 7:30 p.m. in the to volunteer. go to the foundation. Visit massageenvy.com. national alumni association scholarship. University of Memphis Harris Concert Hall, Buy tickets at cbu.edu/trivia or contact 3775 Central Ave. Cost is free. Visit memphis. Chucalissa archaeological site will host a The Sales and Marketing Society of the Karen Viotti at [email protected] or 321-3254. edu/music for details.
The Market: Residential See your listing in The Residential Market. Contact Patricia McKinney at 901-528-5271, [email protected]
Perfect Hunting Getaway 196 Highway 196 Advertise Your Listing Here Arlington, TN 38002 for only $30 per Week $299,000 108 acres in Fayette County, Gallaway, Mrs. Barbara A Fletcher Approx. 927sf rd front/ Hwy 196, for bldg. Cell: (901) 848-8256 Lots of Wildlife, for hunting. Standing Of ce: (901) 372-3690 For more information, contact timber could be harvested. West side [email protected] borders RR. East side borders Loosahatchie Bartlett - Summer Oaks Patricia McKinney at 901-528-5271 or River, NW corner (1acre) used for wetlands. 2868 Summer Oaks Hwy 70 (Summer Ave.) through Arlington Bartlett, TN 38134 [email protected] to Gallaway. Turn right at ashing overhead light on Brownsville Road. Turn right at stop sign by vacant church. Cross over the railroad tracks. Property is on right. Gate will be locked, call agent to get in. www.thememphisnews.com September 14-20, 2012 31
Week of 9/3/12 - 9/9/12 crosswords The Weekly
Crossword Edited by Margie E. Burke The Weekly Crossword by Margie E. Burke ACROSS 1234 5678 9 10 11 12 13
1 Rough guess 14 15 16 5 Social rebuff 9 PC insert 17 18 19
14 French bread? 20 21 22 23 15 Aesop racer 16 Take off 24 25
17 From the top 26 27 28 29 30 31 32 18 Ladder step 19 Sci-fi show, 33 34 35 36
"The _____ 37 38 39 40 Limits" 20 Childhood illness 41 42 43 44 22 Offensive 45 46 47 48 24 Cheer alternative 49 50 51 25 Test answer, 52 53 54 55 56 57 58 sometimes 26 Uncommon 59 60 61 62 28 Rose essence 63 64 65 30 Chic getaway 33 Dennis of "Law 66 67 68 & Order" 35 Nerve ending Copyright 2012 by The Puzzle Syndicate 37 Telltale sign 38 Sty dwellers 4 Violin accessory 39 Clothing 52 Take a breather 40 Major defeat 5 Bit of evidence collection 53 Canyon sound 41 Airplane spec 6 Queasiness 42 Talk like Porky 54 Gusto 43 Like Olive Oyl 7 Coffee server 44 Potter's oven 56 Actor's quest 45 Perrins' partner 8 Procreated, 47 Chopping 57 Soon, to a poet 46 Ready for a nap biblically gadgets 58 Lascivious 48 Type of tea 9 Sense of finality 49 Jack in a deck 61 Fairytale legume 49 Turkish native 10 Common wild 51 Wetlands plant 50 ____ of Wight card 52 Go back in 11 Hourly charge 55 Part of CIA 12 Pizzeria Answer to Last Week's Crossword 59 Showy display appliance 60 Pundit's piece 13 Nothing but APSE ATTAR HI TS 62 Second to none 21 Debt security REED S I EGE ACRE 63 Barbershop 23 Orthodontist's MAR I ABELLO BEEN offering offering STABLE LOPS I DED 64 Arctic floater 26 Linenlike fabric LOSS WENT 65 Be radiant 27 Sports stadium ABSENTEE NAUSEA 66 Copier need 29 Group of three WOK GORGE PATEN 67 At ____, private! 30 "JFK" director ARUM SUGAR LURK 68 Fax button 31 Animal shelter I N L AW MOSES NIL 32 Like many indie TEL LER NEGL I GEE DOWN films IRIS L I EN 1 Stitched line 33 DucksWeek and of 9/3/12MAGNE - 9/9/12 T I C SETTLE 2 Adjust a piano geese AGOG UNLETTERED 3 Geometric 34 Aim ambitiously RUNE AGAVE R I NG measure 36 Store stickers LEER LEPER NOSE
Sudoku Edited by Margie E. Burke Edited by Margie E. Burke 12n-3p Difficulty : Easy HOWHOW TO TO SOLVE: PLAY Each row must contain the numbers 1 to 9; each column must contain the numbers 1 to 9; and each set of 3 by 3 boxes must contain the numbers 1 to 9. Answer to Last Week's Sudoku Copyright 2012 by The Puzzle Syndicate 32 September September 14-20, 14-20, 2012 2012 www.thememphisnews.com
public notices
described property: redemption of taxing entities; all mat- or about 11:00 A.M., at the Madison September 26, 2003, of record in Deed Foreclosure Notices BEGINNING AT AN IRON PIN ON THE ters shown on any recorded plan(s) or County Courthouse, Jackson, Tennes‑ Book/Page Number T1527 (Re-recorded Madison County WEST MARGIN OF BUTTONWOOD DRIVE plat(s); any unpaid taxes; any restrictive see, offer for sale certain property here- T1533)/256 (Re-recorded 853), Reg- (25 FEET AT RIGHT ANGLES FROM CEN- covenants, easements or setback lines inafter described to the highest bidder ister’s Office for Madison County, Ten- TERLINE) AT THE SOUTHEAST CORNER that may be applicable; any statutory FOR CASH, free from the statutory right nessee, from Reba Mae Hardy A/K/A OF LOT 413, SECTION IV, SYCAMORE rights of redemption of any governmental of redemption, homestead, dower, and Reba Mae Groce and John William Hardy NOTICE OF FORECLOSURE SALE BEND SUBDIVISION, AS RECORDED IN agency, state or federal; any prior liens all other exemptions which are expressly (Borrower) to LARRY A. WEISSMAN MADISON COUNTY, STATE OF TEN- PLAT BOOK 5, PAGE 181 IN THE REG- or encumbrances as well as any priority waived in the Deed of Trust, said property (Trustee) for the benefit of MORTGAGE NESSEE ISTER’S OFFICE OF MADISON COUNTY, created by a fixture filing; any matter that being real estate situated in Madison ELECTRONIC REGISTRATION SYSTEMS, THIS IS AN ATTEMPT TO COLLECT A TENNESSEE; THENCE WITH THE WEST an accurate survey of the premises might County, Tennessee, and being more INC., AS NOMINEE FOR EQUIFIRST COR- DEBT. ANY INFORMATION OBTAINED MARGIN OF BUTTONWOOD DRIVE disclose; and other matters which are particularly described as follows: PORATION (Lender), securing the Note/ WILL BE USED FOR THAT PURPOSE. SOUTH A DISTANCE OF 90 FEET TO A prior in right to the lien of the aforesaid Being Lot No. Seven, Section 1, indebtedness therein described, the Default has been made in the terms, POINT IN A CULVERT AT THE NORTHEAST Deed of Trust. Hickory Hills Subdivision, a plat of entire Note/indebtedness having been conditions and payments provided for CORNER OF LOT 411; THENCE WITH If a high bidder fails to close a sale, which appears of record in Plat Book declared in default and immediately due in that certain Deed of Trust dated THE NORTH LINE OF LOT 411 WEST A the Successor Trustee shall have the 3, Page 311, in the Register’s Office and payable by the lawful owner and February 06, 2007, of record in Deed DISTANCE OF 190 FEET TO AN IRON option of making the sale to the next of Madison County, Tennessee. holder thereof. Book/Page Number T1789/340, In- PIN AT THE SOUTHEAST CORNER OF highest bidder. The sale held pursuant ALSO KNOWN AS: 64 Hickory Hill DEUTSCHE BANK NATIONAL TRUST strument 07002392, Register’s Office SECTION II; THENCE WITH THE EAST to this Notice may be rescinded at Drive, Jackson, Tennessee 38305 COMPANY, AS TRUSTEE UNDER POOL- for Madison County, Tennessee, from LINE OF SECTION II NORTH A DISTANCE the Successor Trustee’s option at any The HB 3588 letter was mailed to ING AND SERVICING AGREEMENT DATED Trevis Thompson and Robbie Thompson OF 90 FEET TO AN IRON PIN AT THE time. The right is reserved to adjourn the borrower(s) pursuant to Tennessee AS OF FEBRUARY 15, 2004 EQUIFIRST (Borrower) to NLC, INC. (Trustee) for SOUTHWEST CORNER OF LOT 413; the sale to another day, time and/or Code Annotated 35-5-117. This sale is MORTGAGE LOAN TRUST 2004-1 ASSET- the benefit of MORTGAGE ELECTRONIC THENCE WITH THE SOUTH LINE OF LOT place certain without further publication, subject to all matters shown on any ap- BACKED CERTIFICATES, SERIES 2004-1 REGISTRATION SYSTEMS, INC., AS 413 EAST A DISTANCE OF 190 FEET TO upon announcement at the time and plicable recorded plat; any unpaid taxes; (Holder), now being the present owner/ NOMINEE FOR FIRST NLC FINANCIAL THE POINT OF BEGINNING. BEING LOT place for the sale set forth above, or at any restrictive covenants, easements, or holder of said indebtedness, has now SERVICES, LLC (Lender), securing the 412, SECTION IV, SYCAMORE BEND any date and time fixed by a preceding setback lines that may be applicable; requested that foreclosure proceed- Note/indebtedness therein described, SUBDIVISION PLATTED AS AFORESAID, postponement. Alternatively, at its op- any statutory rights of redemption of any ings be instituted, and said Holder the entire Note/indebtedness having AS SURVEYED BY DAVID HALL LAND tion, Successor Trustee may give a new governmental agency, state or federal; has appointed the firm listed below as been declared in default and immediately SURVEYING COMPANY ON JUNE 13, notice of sale. any prior liens or encumbrances as well Successor Trustee under said Deed of due and payable by the lawful owner and 1991. (LEGAL DESCRIPTION TAKEN Weissman Nowack Curry & Wilco, PC as any priority created by a fixture -fil Trust, by an instrument duly recorded in holder thereof. FROM PRIOR DEED.) One Alliance Center, 4th Floor ing; and to any matter that an accurate the aforesaid records, to serve in the DEUTSCHE BANK NATIONAL TRUST BEING THE SAME REAL ESTATE 3500 Lenox Road survey of the premises might disclose. place and stead of the aforementioned COMPANY, AS TRUSTEE FOR MORGAN CONVEYED TO TREVIS THOMPSON AND Atlanta, GA 30326 In addition, the following parties may Trustee. Notice of the Right to Foreclose STANLEY STRUCTURED TRUST I 2007-1 WIFE, ROBBIE THOMPSON, BY DEED (866) 960-8298 claim an interest in the above-referenced was sent to the Borrower by letter dated ASSET-BACKED CERTIFICATES, 2007-1 OF RECORD IN DEED BOOK 685, PAGE File #: 013535 property: Karen F. Earl; Wendell Earl June 11, 2012. (Holder), now being the present owner/ 1946, IN THE REGISTER’S OFFICE FOR Sept. 7, 14, 21, 2012 Fhn11314 The sale held pursuant to this Notice NOW, THEREFORE, said Successor holder of said indebtedness, has now MADISON COUNTY, TENNESSEE. may be rescinded at the Successor Trustee, or agent thereof, pursuant requested that foreclosure proceed- For informational purposes only, this NOTICE OF TRUSTEE’S SALE Trustee’s option at any time. The right to said Deed of Trust, having been re- ings be instituted, and said Holder property is commonly known as 312 WHEREAS, default has occurred is reserved to adjourn the day of the quested by the Holder so to do, and by has appointed the firm listed below as Buttonwood Drive, Jackson, TN 38305, in the performance of the covenants, sale to another day, time, and place virtue of the authority and power vested Successor Trustee under said Deed of Parcel ID 043C C 01200 000000. terms, and conditions of a Deed of Trust certain without further publication, upon in said Successor Trustee by said Deed Trust, by an instrument duly recorded in The property shall be free from all right Note dated August 17, 2001, and the announcement at the time and place of Trust, will on October 02, 2012 at the aforesaid records, to serve in the and equity of redemption, statutory or Deed of Trust of even date securing the for the sale set forth above. W&A No. 1:00 p.m., at the usual and customary place and stead of the aforementioned otherwise, homestead, dower, curtsey, same, recorded August 22, 2001, at 845‑204081/845‑43015 location at the Madison County, Tennes- Trustee. Notice of the Right to Foreclose elective share, and all other exemptions Book T1316, Page 268 in Office of the DATED September 5, 2012 see, Courthouse, sell at public outcry was sent to the Borrower by letter dated that are expressly waived in said Deed of Register of Deeds for Madison County, WILSON & ASSOCIATES, P.L.L.C., to the highest bidder for cash (or credit May 30, 2012. Trust, and the title is believed to be good, Tennessee, executed by Karen F. Earl Successor Trustee upon the indebtedness secured if the NOW, THEREFORE, said Successor but the Successor Trustee will sell and and Wendell Earl, conveying certain FOR SALE INFORMATION, VISIT WWW. lawful owner and holder thereof is the Trustee, or agent thereof, pursuant convey only as Successor Trustee, “as property therein described to NLC, MYFIR.COM and WWW.REALTYTRAC. successful purchaser), the following- to said Deed of Trust, having been re- is” and “where is” and without covenants Inc. as Trustee for First NLC Financial COM described property: quested by the Holder so to do, and by of seizing or warranties of title. Services, LLC; and the undersigned, Sept. 7, 14, 21, 2012 Fhn11317 BEGINNING AT A POINT IN THE WEST virtue of the authority and power vested Listing of Subordinate Lienholders: Wilson & Associates, P.L.L.C., having MARGIN OF NORTH ROYAL STREET, in said Successor Trustee by said Deed Joel Juta Chow and Julie Amelia Chow been appointed Successor Trustee. NOTICE OF FORECLOSURE SALE WHICH POINT IS THE SOUTHEAST COR- of Trust, will on October 02, 2012 at C/O Charles R. Pettigrew, Attorney NOW, THEREFORE, notice is hereby MADISON COUNTY, STATE OF TEN- NER OF THIS LOT AND THE NORTHEAST 1:00 p.m., at the usual and customary at Law given that the entire indebtedness has NESSEE CORNER OF LOT #4 OF AFORESAID location at the Madison County, Tennes- 250 North Parkway, Suite 25 been declared due and payable; and THIS IS AN ATTEMPT TO COLLECT A SUBDIVISION; THENCE, FROM THE see, Courthouse, sell at public outcry Jackson, TN 38305 that an agent of Wilson & Associates, DEBT. ANY INFORMATION OBTAINED POINT OF BEGINNING AND WITH THE to the highest bidder for cash (or credit Listing of Other Interested Parties: P.L.L.C., as Successor Trustee, by virtue WILL BE USED FOR THAT PURPOSE. NORTH LINE OF SAID LOT #4, NORTH upon the indebtedness secured if the N/A of the power, duty, and authority vested Default has been made in the terms, 86 DEGREES 00 MINUTES 00 SECONDS lawful owner and holder thereof is the This sale is subject to liens; easements; in and imposed upon said Successor conditions and payments provided for WEST 200.00 FEET TO THE SOUTHWEST successful purchaser), the following- encumbrances; property taxes; rights of Trustee will, on October 4, 2012 on in that certain Deed of Trust dated CORNER OF THE HEREIN DESCRIBED www.thememphisnews.comwww.thememphisnews.com SeptemberSeptember 14-20, 14-20, 2012 2012 33 33
public notices
LOT; THENCE, NORTH 100.00 FEET TO time. The right is reserved to adjourn 231 feet to an iron pin in W.H. Roberts executed by Sharon D. Wilson, Kenny Related Info THE SOUTHWEST CORNER OF LOT #2 the sale to another day, time and/or East boundary line; runs thence North Wilson and Sharon D. Wilson, conveying OF AFORESAID SUBDIVISION; THENCE, place certain without further publication, 22 degrees and 30 minutes East a certain property therein described to WITH THE SOUTH LINE OF SAID LOT upon announcement at the time and distance of 127 feet to an iron pin Arnold M. Weiss as Trustee for Mortgage Also read our daily edition, The Daily #2, SOUTH 86 DEGREES 00 MINUTES place for the sale set forth above, or at in Exum’s Southwest corner; runs Electronic Registration Systems, Inc., News, in print or online every business 00 SECOND EAST 200.00 FEET TO any date and time fixed by a preceding thence with Exum’s South line South as a separate corporation that is acting day for public notices for Memphis & THE WEST MARGIN OF NORTH ROYAL postponement. Alternatively, at its op- 69 degrees East a distance of 231 solely as a nominee for Full Spectrum Shelby County. STREET; THENCE, WITH THE WEST MAR- tion, Successor Trustee may give a new feet to an iron pin, said point being Lending, Inc. and Full Spectrum Lend- Go to www.memphisdailynews.com or GIN OF NORTH ROYAL STREET, SOUTH notice of sale. 32 feet from the center of Lesters ing, Inc.’s successors and assigns; and call 683.NEWS for more information. 100.00 FEET TO THE POINT OF BEGIN- Weissman Nowack Curry & Wilco, PC Chapel Road; runs thence South the undersigned, Wilson & Associates, NING, AND BEING LOT #3 OF VIRGIL One Alliance Center, 4th Floor 22 degrees and 30 minutes West a P.L.L.C., having been appointed Suc- GARDNER SUBDIVISION NO. 1 A PLAT 3500 Lenox Road distance of 127 feet to the point of cessor Trustee. OF WHICH APPEARS OF RECORD IN PLAT Atlanta, GA 30326 beginning. NOW, THEREFORE, notice is hereby BOOK 2, PAGE 67, REGISTER’S OFFICE, (866) 960-8298 ALSO KNOWN AS: 523 Lester Chapel given that the entire indebtedness has MADISON COUNTY, TENNESSEE. File #: 012947 Road, Jackson, Tennessee 38301 been declared due and payable; and For informational purposes only, this Sept. 8, 15, 22, 2012 Fhn11316 The HB 3588 letter was mailed to that an agent of Wilson & Associates, plicable recorded plat; any unpaid taxes; property is commonly known as 1515 the borrower(s) pursuant to Tennessee P.L.L.C., as Successor Trustee, by virtue any restrictive covenants, easements, or North Royal Street, Jackson, TN 38301, NOTICE OF TRUSTEE’S SALE Code Annotated 35-5-117. This sale is of the power, duty, and authority vested setback lines that may be applicable; Parcel ID 065J C 04400 000. WHEREAS, default has occurred in the subject to all matters shown on any ap- in and imposed upon said Successor any statutory rights of redemption of any The property shall be free from all right performance of the covenants, terms, plicable recorded plat; any unpaid taxes; Trustee will, on October 11, 2012 on governmental agency, state or federal; and equity of redemption, statutory or and conditions of a Deed of Trust Note any restrictive covenants, easements, or or about 11:00 A.M., at the Madison any prior liens or encumbrances as well otherwise, homestead, dower, courtesy, dated August 24, 2005, and the Deed setback lines that may be applicable; any County Courthouse, Jackson, Tennes‑ as any priority created by a fixture filing; elective share, and all other exemptions of Trust of even date securing the same, statutory rights of redemption of any gov- see, offer for sale certain property here- and to any matter that an accurate survey that are expressly waived in said Deed of recorded September 6, 2005, at Book ernmental agency, state or federal; any inafter described to the highest bidder of the premises might disclose. In addi- Trust, and the title is believed to be good, T1700, Page 983 in Office of the Register prior liens or encumbrances as well as FOR CASH, free from the statutory right tion, the following parties may claim an but the Successor Trustee will sell and of Deeds for Madison County, Tennes- any priority created by a fixture filing; and of redemption, homestead, dower, and interest in the above-referenced prop- convey only as Successor Trustee, “as see, executed by Elizabeth Reynolds and to any matter that an accurate survey of all other exemptions which are expressly erty: Sharon D. Wilson; Kenny Wilson; is” and “where is” and without covenants A. Z. Price, conveying certain property the premises might disclose. In addition, waived in the Deed of Trust, said property Sharon D. Wilson of seizing or warranties of title. therein described to Wesley D. Turner the following parties may claim an inter- being real estate situated in Madison The sale held pursuant to this Notice Listing of Subordinate Lienholders: as Trustee for Ameriquest Mortgage est in the above-referenced property: County, Tennessee, and being more may be rescinded at the Successor OSI Funding, LLC Company; and the undersigned, Wilson Elizabeth Reynolds; A.Z. Price particularly described as follows: Trustee’s option at any time. The right C/O Alan Kleiman & Associates, P.L.L.C., having been ap- The sale held pursuant to this Notice All that certain parcel of land situate is reserved to adjourn the day of the P.O. Box 17235 pointed Successor Trustee. may be rescinded at the Successor in the Third Civil District, Madison sale to another day, time, and place Memphis, TN 38187 NOW, THEREFORE, notice is hereby Trustee’s option at any time. The right County, Tennessee, being known certain without further publication, upon Listing of Other Interested Parties: given that the entire indebtedness has is reserved to adjourn the day of the and designated as metes and bounds announcement at the time and place N/A been declared due and payable; and sale to another day, time, and place property, as set forth in Deed Book for the sale set forth above. W&A No. This sale is subject to liens; easements; that an agent of Wilson & Associates, certain without further publication, upon 557, Page 95, recorded October 12, 726‑203044/726‑51371 encumbrances; property taxes; rights of P.L.L.C., as Successor Trustee, by virtue announcement at the time and place 1995, Madison County Records. DATED September 10, 2012 redemption of taxing entities; all mat- of the power, duty, and authority vested for the sale set forth above. W&A No. ALSO KNOWN AS: 75 Pennington WILSON & ASSOCIATES, P.L.L.C., ters shown on any recorded plan(s) or in and imposed upon said Successor 700‑172028 Place, Jackson, Tennessee 38305 Successor Trustee plat(s); any unpaid taxes; any restrictive Trustee will, on October 11, 2012 on DATED September 6, 2012 The HB 3588 letter was mailed to FOR SALE INFORMATION, VISIT WWW. covenants, easements or setback lines or about 11:00 A.M., at the Madison WILSON & ASSOCIATES, P.L.L.C., the borrower(s) pursuant to Tennessee MYFIR.COM and WWW.REALTYTRAC. that may be applicable; any statutory County Courthouse, Jackson, Tennes‑ Successor Trustee Code Annotated 35-5-117. This sale is COM rights of redemption of any governmental see, offer for sale certain property here- FOR SALE INFORMATION, VISIT WWW. subject to all matters shown on any ap- Sept. 14, 21, 28, 2012 Fhn11319 agency, state or federal; any prior liens inafter described to the highest bidder MYFIR.COM and WWW.REALTYTRAC. or encumbrances as well as any priority FOR CASH, free from the statutory right COM created by a fixture filing; any matter that of redemption, homestead, dower, and Sept. 14, 21, 28, 2012 Fhn11318 an accurate survey of the premises might all other exemptions which are expressly disclose; and other matters which are waived in the Deed of Trust, said property NOTICE OF TRUSTEE’S SALE prior in right to the lien of the aforesaid being real estate situated in Madison WHEREAS, default has occurred in the Deed of Trust. County, Tennessee, and being more performance of the covenants, terms, The Memphis News If a high bidder fails to close a sale, particularly described as follows: and conditions of a Deed of Trust Note the Successor Trustee shall have the Tract One: Beginning at an iron pin in dated November 14, 2001, and the Deed option of making the sale to the next the West margin of the Lester Chapel of Trust of even date securing the same, highest bidder. The sale held pursuant Road, said point being the Northeast recorded November 28, 2001, at Book Call 683-NEWS to this Notice may be rescinded at corner of Reynolds’ lot; runs thence T1340, Page 3 in Office of the Register of the Successor Trustee’s option at any North 69 degrees West a distance of Deeds for Madison County, Tennessee, 34 September 14-20, 2012 www.thememphisnews.com
opinion Eleven Years Later: Why Memphis Rocks Last week we highlighted involved and be a part of bringing the Reassessing Safety Special Kids and Families, which is memorial to fruition. an early intervention agency serving So, after defining what the shirt children from birth to 3. stands for, let us now discuss why leven years after the 9-11 to get to the middle. Based on the fun and success we “Memphis Rocks” and why this slogan attacks, we still mourn for Oklahoma Congressman James had earlier this year with our “What is so appropriate for our city. Yes, it those lost in the attacks and Lankford, in The Hill’s Congress blog, does Memphis mean to you” series is true that other cities have claimed the wars that followed and points to the work of the Memorial of reader-response columns, let us they “rock” and another city might be the war that continues in Institute for the Prevention of Terror- expand on the recent Daily News cover home to the Rock and Roll Hall of Fame, Afghanistan.E ism in his state formed in the aftermath story about our “Mem- but our city is famously Our country is now a nation of the 1995 bombing of the Oklahoma phis Rocks” campaign by known as the Home of the changing all over again as one wave of City federal building. asking, “Why do you think Blues and the BIRTHPLACE veterans has already come home and The group works with the local Memphis Rocks?” of Rock n’ Roll! We are also another will join them soon. law enforcement agencies to build the For background, world renowned for our soul, Even the extreme atmosphere that expertise of local police and use their “Memphis Rocks” is a including the Stax Museum spawned the decisions of the men who experience and knowledge of the places civic pride campaign that of American Soul Music! So, flew the jets into the Pentagon, the they protect every day in a number of is designed as a give back, there is definitely more than World Trade Center and a field in Penn- ways. supporting the Memphis one way to Rock! Last we sylvania has changed to a degree that Meanwhile, in 11 years, we have Jeremy Park Police Department Fallen giving back checked, Memphis is men- they could never have foreseen. built several times over an airport Officer Memorial. We tioned in more songs than We are still in motion from sev- security apparatus that initially was worked with Champion Awards and any other city in the world and we have eral generations of events after that politically nearly impossible to ques- Apparel to design a “Memphis Rocks” a long legacy of music icons with Mem- September day in 2001. Each wave of tion. Security personnel were hired T-shirt that is sure to spark conversation phis roots, like Elvis, Aretha Franklin, Al events is in some way an echo or ripple from private companies at first. Then by listing some of the many things that Green, Kirk Whalum, Jerry Lee Lewis, from the events of that day. The direc- airports went to the Transportation make our city great. The campaign is a Isaac Hayes and Justin Timberlake. tions we have taken in our reactions Safety Administration. This week, a new have combined to take us on a journey congressional report suggests going fun way for our city to come together, You might say “it is in our drink- no one could have predicted. back to private contractors and touts wear our Memphis pride, and say thanks ing water” (famous for its quality), We believe the time has come for the economic benefits of such a switch. to those who protect our freedoms. but we are globally recognized for our a clearer assessment of the ongoing A national security system is not a Shirts are available at www.Memphis- entrepreneurialism, warm hospitality, threat to our safety in public places part of an economic recovery plan. RocksMerch.com. food (of course, including barbecue), including the places the 2001 attacks Today, some distance from the All proceeds benefit the depart- our culture and arts, and our values came from, our airports. events that changed our country indel- ment’s Fallen Officer Memorial, which and spirit. We rock at business and Are we really safer or are the govern- ibly we believe it is time to strip away is a million dollar, privately funded logistics and we rock on the basketball ment officials charged with providing the parts of our security cocoon that are project to honor the 61 officers who court. You get the idea. So, email me for our security in airports and other there to give political cover to a security have lost their lives in the line of duty your perspectives and let us promote public places safer from criticism in the bureaucracy and not legitimate protec- and the family and friends they leave a running list of the ways and reasons event of more attacks? tion from a terrorist threat. behind. Since we currently do not have Memphis Rocks. Let’s show the world How much of what airline passen- Eleven years after the unthinkable anything to honor their sacrifices, we why Memphis Rocks! feel this is a much-needed project for gers endure is truly necessary and even we must remain vigilant against threats. Jeremy Park, director of the Lipscomb more relevant, how much is effective? We also have to remain realistic about our community. Also, since we want to Pitts Breakfast Club, www.lpbreakfast- We aren’t suggesting the answer is what works and what doesn’t and what show broad community support and club.com, can be reached at jeremyp@ anywhere but somewhere in the middle some would have us give up in the appreciation, a “Memphis Rocks” shirt lpinsurance.com or followed on Twitter at on both questions. The dilemma is how blink of an eye in the name of security. is the perfect way for everyone to get @lpbreakfastclub or @jeremycpark.
The City's Heart Beats Strongly Once Again
THE HEART BEATS. AGAIN. That was a lifetime ago, before much more than you can imagine. More than A lifetime ago, screwdrivers with of the heart of Memphis was left for a multipurpose center, this is the new lifetime guarantees came from an art dead. center of the city. moderne castle, and screwdrivers with But Sears stirs. The Church Health Recently, a bright “Beacon” rose orange juice came from the only other Center, St. Jude, ALSAC, Methodist above the grassy triangle across from Friday’s outside of Manhattan. Healthcare and the West Clinic are old Sears Crosstown. With the kind of MEMPHASIS Ben-Hur, Spartacus and Lawrence dan conaway bringing hope, healing and warmth to shared creative spirit that makes any- of Arabia came from Crosstown, and big that long-cold monument of neglect. thing possible, Harry Freeman and Sara splashes came from the Fairgrounds. advice we got in the basement hardware Crosstown Arts, Gestalt Community Ratner made the sculpture possible, Before Home Depot, Best Buy and department. Schools, Rhodes College, Memphis and artists Eli Gold and Colin Kidder big boxes, the biggest box of all – the 1.5 Before you could get a drink or a Teacher Residency, and a team of archi- made their vision from bicycle wheels. million square feet and 14-story tower of glass of wine outside of a private club or tects and planners are shining light into When the wind blows, the wheels turn Sears & Roebuck – towered over Cross- a brown bag, a few Memphis 20-some- its long-dark corners so that we might and catch the light in refreshing new town Memphis. The stuff of dreams was things poured themselves a double-shot clearly see all that’s possible. ways. delivered one lawnmower, one refrigera- of chutzpah and went to New York to Overton Square rises. In an innova- Lately, kinetic energy is blowing tor, one pair of pants, one screwdriver at talk the owners of hot spot T.G.I. Friday’s tive public/private partnership, the city across long-still ground, and it’s enough a time over what seemed like a thousand into letting them open one here. And the and Loeb Properties are cleaning up, to give you heart. counters or from a loading dock that party started in Overton Square. dressing up and stepping out to throw I’m a Memphian, and I can feel the seemed – no, wait – was a hundred Before there were pools outside of the party again. And we’re all invited. beat. yards long. My grandmother took me to private clubs, before you knew anybody The Fairgrounds has a pulse. Right Dan Conaway is a lifelong Mem- see big movies on Crosstown Theatre’s with one in the backyard, you got on the on top of the old pool, The Salvation phian, longtime adman and aspiring big screen in the shadow of Sears, and bus, on your bike or on your Keds and Army is making a much bigger splash. local character in a city known for them. Nora and I held our first house together rode them to the Fairgrounds to jump in In January, they’ll open The Kroc Center, Reach him at dan@wakesomebodyup. with the baling wire, chewing gum and the water with everybody else. 15 acres and 100,000 square feet of com. www.thememphisnews.com September 14-20, 2012 35 How Much Is Too Much?
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The standard for Mid-South real estate information since 1968 36 September 14-20, 2012 www.thememphisnews.com
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