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VOL. 126 | NO. 230 | Thursday, November 24, 2011

Daily Digest

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Arlington Pet Hospital Founder Buys Land

Samuel Garrett Davis has bought 2.5 acres of vacant land on U.S. 70 in Arlington from Samuel J. Davis for $220,000, filing a $1.1 million construction/permanent loan at the time of purchase. Davis is founder of Arlington Pet Hospital PLLC, which has planned a 5,200-square-foot facility for the site.

The property is on the southeast side of U.S. 70 west of Tenn. 385 in Parkway Center Commercial Subdivision, phase two. It consists of two parcels: a 1.5-acre lot that fronts U.S. 70, as well as a 1-acre lot adjacent to the east.

Davis recently filed a $1.2 million building permit application with the city-county Office of Construction Code Enforcement for a standalone veterinary clinic and pet hospital on the property. It is slated to include a 5,200-square-foot facility, complete with hospital boarding and grooming capabilities.

“We’re growing out of the space that we currently have and we want to provide this area of Shelby County with more space and room to continue to grow and provide better service for our clients,” Davis told The Daily News last week.

Arlington Pet Hospital for the past five years has rented less than 3,000 square feet across two bays in an adjacent strip shopping center.

For details, see the Friday, Nov. 18, edition of The Daily News’ Inked column by reporter Sarah Baker at www.memphisdailynews.com.

Source: The Daily News Online & Chandler Reports

– Daily News staff

Awareness Campaign to Spotlight 12 Charities

Memphis Mayor A C Wharton Jr. has announced his One Memphis service initiative will sponsor “12 Days of Giving,” an effort by the mayor’s office to generate awareness and support for 12 Memphis nonprofit organizations.

For each day of 12 Days of Giving, Wharton will post information about an organization on his Facebook page and Twitter feed. This year, WMC-TV is helping promote the organizations by highlighting each on Action News 5 at 6 a.m.

This year’s 12 Days of Giving organizations are: Manna House (Nov. 30), Stand for Children (Dec. 1), Meritan (Dec. 2), Memphis Muslim Social Services (Dec. 3), Mid-South Food Bank (Dec. 4), Livable Memphis (Dec. 5), Arcwings (Dec. 6), Literacy Mid-South (Dec. 7), Rangeline Community Development Corp. (Dec. 8), Memphis City Beautiful (Dec. 9), Memphis Athletic Ministries (Dec. 10) and Metropolitan Inter-Faith Association (Dec. 11).

At the end of the 12 days, One Memphis will host a citywide service reception at Rhodes College to thank the volunteers who give their time throughout the year.

For the past two years, Newsweek has named Rhodes the Most Service-Oriented College in the U.S. because more than 80 percent of all Rhodes students participate in community service. Rhodes senior Madeline Patterson currently serves as Wharton’s chief service officer.

– Sarah Baker

Bigfish to Hold Free Webinar on Health Care Social Media

Bigfish, a local developer of websites, brand strategies, communication initiatives and social media strategies specializing in the health care field, is planning a free social media webinar for health care providers.

The webinar, titled “A Tweet is Not a Symptom,” will be held Dec. 7 at 12:30 p.m. It will focus on the growing importance of social media in health care-related communications. It will be led by Tim Nicholson and Addie McGowan.

The webinar is designed to inform health care professionals about the shift taking place as marketing strategies in the health field shift from print to social media, and it will showcase ways social media can effectively be embraced.

To register for the webinar, visit www.tweetisnotasymptom.com. For more information, visit www.tweetisnotasymptom.com/event.html or call 312-3107, ext. 264.

– Andy Meek

Crystal Awards to Honor Memphis Philanthropists

The 2011 Crystal Awards luncheon, honoring individuals, businesses and organizations for their outstanding philanthropic efforts in the greater Memphis community, will be held Tuesday, Nov. 29, at the Holiday Inn-University of Memphis, 3700 Central Ave.

This year’s honorees are Shannon Brown of FedEx Corp. for Outstanding Volunteer Fundraiser; Duncan-Williams Inc. for Outstanding Corp.; Susan Schadt of ArtsMemphis for Outstanding Executive Leader; Bette & Michael Arndt of Emergency Mobile Health Care for Spirit of Philanthropy; Linda Jackson McNeil of Bridges for Outstanding Fundraising Executive; and James McGehee for Outstanding Philanthropist.

In addition, Caesars Entertainment casinos Harrah’s, Horseshoe, and Tunica Roadhouse will be honored as Partners in Philanthropy.

WMC-TV anchor Joe Birch will serve as master of ceremonies. Individual tickets are $40 and tables are $400.

Visit www.afpmemphis.org for more information.

– Aisling Maki

Inferno Receives MarCom Awards

Inferno has been awarded three platinum and three gold awards from the 2011 MarCom Awards, an international competition honoring excellence and creativity in marketing and communications.

The agency also was recognized with two honorable mentions.

The categories, client and entries for the platinum awards were Business-to-Business Brochure: Cartus Corp., Leading the Way brochure; Small Business Website: Self Tucker Architects, Self-Tucker website; Recruitment Brochure: The Recording Academy, Your Voice Amplified brochure.

The categories, client and entries for the gold awards were Small Business Website: G2 Technologies, G2 website; Nonprofit Annual Report: The Exchange Club Family Center, annual report; Advertising Campaign: Valley View | K&D Agri, ad campaign.

The categories, client and entries that made honorable mention were Educational Institution Website: University of Memphis, Be a Memphis Tiger website; Special Event Video/Film: inferno, Night of the Living Deadline video.

– Taylor Shoptaw

FDIC: Bank Earnings Hit Highest Level in 4 Years

Bank earnings rose over the summer to their highest level in more than four years, while the number of troubled banks fell for the second straight quarter, federal regulators reported Tuesday.

The Federal Deposit Insurance Corp. said the banking industry earned $35.3 billion in the July-September quarter. That’s up from $23.8 billion in the same period last year. More than 60 percent of banks reported improved earnings.

The better earnings and fewer troubled banks suggest that the industry is steadily improving from the depths of the 2008 financial crisis.

The FDIC also said there were 844 banks on its confidential “problem” list in the quarter, or roughly 11.5 percent of all federally insured banks. That was down from 865 the April-June period, which was first quarter in five years to show a decline.

So far this year, 90 banks have failed. That’s down from the 157 banks shuttered last year – the most for one year since the height of the savings and loan crisis in 1992 – and 140 in 2009.

Most of the banks that have struggled or failed have been small or regional institutions.

– The Associated Press

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 38 349 15,066
MORTGAGES 111 449 19,779
FORECLOSURE NOTICES 33 91 3,886
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 62 309 14,343
BUSINESS LICENSES 18 138 5,129
UTILITY CONNECTIONS 69 385 21,817
MARRIAGE LICENSES 13 106 4,663

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