2008: Bryan Jordan was named president and CEO of First Horizon National Corp., replacing Jerry Baker as leader of the parent company of First Tennessee Bank. First Horizon reported a $19.1 million loss for the quarter.
1973: On the front page of The Daily News, Memphis Mayor Wyeth Chandler reported to the City Council in very general terms on a police corruption scandal. By Chandler’s briefing to the council, 27 of 61 officers implicated were questioned. Nine more officers were brought up on the administrative charges. The specific allegation, made public later, was that numerous police officers had sex with Charlotte Tyler, a 19-year old from Paris, Ark., while in uniform and on duty and often in patrol cars. Contrary to Chandler’s council briefing, it would become a major scandal.
1963: The City Commission reduced the glide zone paths for Memphis Municipal Airport and amended landing fees. The new airport terminal building had opened the month before.
1943: Wartime rationing remained in effect in Memphis based on ration stamps and a complex point system with The Daily News publishing a Q-and-A announcement from the Office of Price Administration. One of the questions: “Will I get more meat for my stamps if I buy cuts of higher point value?” Answer: “Not necessarily. … Porterhouse steak, for example, worth eight points per pound, has a large bone; beef liver, worth only six points, has no bone at all.”