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VOL. 6 | NO. 34 | Saturday, August 17, 2013

August 16-22, 2013: This week in Memphis history

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2012: Memphis-based Pinnacle Airlines Corp. unveiled a new bankruptcy reorganization plan that included a 6 percent pay cut for nonunion employees. The airline had filed for bankruptcy reorganization the previous August with a plan that did not anticipate Delta Air Lines dropping its 50-seat jets as fast as Delta did after reaching a contract agreement with union pilots that June. Pinnacle moved its headquarters from One Commerce Square to Minneapolis this past May.

1993: On the front page of The Daily News, Thomas and Betts Corp. formally opened its new corporate headquarters in the Lynnfield Office Park moving from its Bridgewater, N.J., headquarters. The manufacturer of electric components had recently merged with American Electric, which already had operations in Memphis. Thomas & Betts employed 1,300 people at the time, including those working at its distribution center in Byhalia and a factory in Southaven.

1977: Elvis Presley died at Baptist Memorial Hospital after he was found unconscious in the upstairs bathroom at Graceland, his home in Whitehaven.

1966: The Beatles played two shows at the Mid-South Coliseum, an afternoon and evening show. Tickets were $5.50. Memphis was the eighth stop on what would be the band’s last tour. The appearance drew pickets by robed members of the Ku Klux Klan, and then-Memphis Mayor William Ingram asked the band to cancel the shows because of comments John Lennon had made comparing the Beatles to Jesus.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 45 269 13,925
MORTGAGES 99 397 18,223
FORECLOSURE NOTICES 0 55 3,560
BUILDING PERMITS 0 430 32,733
BANKRUPTCIES 74 285 13,288
BUSINESS LICENSES 13 81 4,786
UTILITY CONNECTIONS 148 455 20,354
MARRIAGE LICENSES 24 96 4,293

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