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VOL. 128 | NO. 134 | Thursday, July 11, 2013

Tax Rate Delay Could Affect County Cash Flow

Shelby County property taxes aren’t due until October, but the tax bills were to go out to taxpayers later this month.

Historic Transformation

Victorian Village humming with activity after years of neglect

Around nine years ago Scott Blake was walking to St. Mary’s Episcopal Cathedral when he noticed a window in the tower at the historic James Lee House in Victorian Village had been blown out, exposing it to the elements.

Ardent Film Thriving Under Pekar’s Lead

In a few short years, Jonathan Pekar has created a formidable film department at Memphis-based Ardent Studios.

Judge Prohibits Nineteenth Century Club Demolition

A Shelby County General Sessions Court judge has prohibited the owners of the historic Nineteenth Century Club building on Union Avenue from doing any demolition there while an attorney investigates if the sale of the building was legal.

Branding Highlights South Main’s Mosaic

With a website launch this week and a year’s worth of preparation, the Downtown Memphis Commission is taking the next step in a developing awareness effort and branding campaign for the South Main Historic Arts District.

Local Weather
Today
Memphis, TN
79°F
Fair
Wind: 8 mph
Humidity: 66%

EVENTS

The American Payroll Association Memphis chapter will meet Thursday, July 11, at 11:30 a.m. at the Holiday Inn University of Memphis, 3700 Central Ave. Mario Musarra, past president of the Memphis Society for Human Resource Management, will discuss employee classifications and the Fair Labor Standards Act. Cost is $20 for members and $30 for nonmembers. Visit memphisapa.org.

more events »

Schools Case Moving Under Radar

With less than a month to the opening of the first year of the consolidated school system, much of the focus has shifted to the classroom and away from the system, the school board and even the ongoing federal court case over the merger.

MEMPHIS LAW TALK

For Pool, Law Career Strikes Right Chord

Chances are good that you’ve seen attorney David Pool in action. Maybe not pacing the courtroom floor in front of a jury but in front of a raucous crowd at a late-night tavern. The in-house counsel for Drexel Chemical Co. came to the legal profession late, having been heavily involved in the local music scene with groups such as Pam and the Passions, and Carson & Pool.

LOCAL COLUMNISTS

Get Real About Selling Your Home

Ray’s Take Selling your home is one of the biggest financial transactions you’ll probably make. It’s a time to stay cool and realistic. However, most of us have a big emotional investment in our homes alongside a significant financial one. You probably selected it because you loved it, were excited to move in and built special memories there.

Roaming Other Rivieras

MARSEILLE, France – I never expected those other Rivieras to look anything like those here in the States. (See last week’s column or risk being lost while reading this one. Hint: I’m on vacation.)

NATIONAL BUSINESS

SEC Lifts Ban on Hedge Fund Advertising

WASHINGTON (AP) – For the first time, hedge funds will be allowed to advertise to the general public under a rule adopted Wednesday by federal regulators.

Icahn to Seek Court Appraisal of $24.4 Billion Dell Deal

SAN FRANCISCO (AP) – Billionaire investor Carl Icahn will ask a judge to assess the fairness of a proposed $24.4 billion acquisition of struggling personal computer maker Dell in his latest attempt to wrangle a higher price from a group of buyers that includes company CEO Michael Dell.

NATIONAL GOVERNMENT

Minutes of Fed Policy Meeting Show Sharp Divisions

WASHINGTON (AP) – Federal Reserve officials seem far from a consensus on the question that's consumed investors for months: When will the Fed slow its bond purchases?

Back to Negotiations After Student Loan Plan Fails

WASHINGTON (AP) – The defeat of a student loan bill in the Senate on Wednesday clears the way for fresh negotiations to restore lower rates, but lawmakers are racing the clock before millions of students return to campus next month to find borrowing terms twice as high as when school let out.

Senate Panel OKs Bill Banning Anti-Gay Job Bias

WASHINGTON (AP) – Gay rights advocates notched another victory Wednesday after a Senate panel approved a bill that would prohibit employers from discriminating against workers on the basis of sexual orientation or gender identity.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 109 433 13,330
MORTGAGES 114 591 17,349
FORECLOSURE NOTICES 11 93 3,391
BUILDING PERMITS 0 366 30,930
BANKRUPTCIES 76 352 12,695
BUSINESS LICENSES 21 108 4,597
UTILITY CONNECTIONS 77 564 19,457
MARRIAGE LICENSES 29 151 4,060

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