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VOL. 125 | NO. 45 | Monday, March 8, 2010

Daily Digest

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RBM Venture Files Two Loans on Cordova Lots

RBM Partners LP and RBM Trinity LP, two related entities connected to RBM Venture Co., have filed $1.6 million and $700,000 loans, respectively, on two lots near Trinity and Dexter roads in Cordova.

The maturity date for both loans is Feb. 25, 2011.

RBM Partners filed a $1.6 million loan through Trustmark National Bank for a 17-acre parcel on the east side of Wynne Road just north of its intersection with Dexter Road. The Shelby County Assessor of Property’s 2009 appraisal of the vacant lot was $272,500. It is zoned for commercial use.

RBM Trinity LP filed a $700,000 loan for a 4.14-acre lot on the north side of Trinity Road. Its 2009 appraisal was $324,600. This property is zoned for single-family residential use, according to public records.

RBM Venture Co. is an operator of “nonresidential buildings in Memphis and Shelby County,” according to a business profile on the Internet. R. Brad Martin signed both trust deeds as a general partner of RBM.

A number for the company, whose address is listed as 5810 Shelby Oaks Drive, was disconnected.

Source: The Daily News Online & Chandler Reports

Rebekah Hearn

Local Doctors Fined For Lax Record-Keeping

The Tennessee Board of Medical Examiners has fined a Millington doctor for prescribing controlled substances without properly maintaining records.

Dr. Daniel J. Scott III was assessed a $90,000 civil penalty. His license was also placed on suspension for a minimum of six months, but that suspension was stayed as long as Scott complies with terms and conditions mandated by the board. He also will be practicing medicine under a seven-year probation period.

Another Memphis-area doctor also received a fine related to record-keeping. Dr. Cary M. Finn of Memphis was assessed $10,000 in civil penalties for inappropriate medical record keeping.

Finn’s license was reprimanded, but not suspended.

Tom Wilemon

UT Offers Tenn. Truckers Efficiency Rebate

Tennessee truckers can get a major discount on the purchase of equipment that will save them fuel and keep air cleaner thanks to a program managed by the University of Tennessee.

Under the program, called Idle Smart, certain Tennessee truckers can receive a rebate for 50 percent, up to $4,000, of the cost of an Auxiliary Power Unit (APU). An APU decreases long engine idling while the trucker rests in the sleeping berth by providing cooling, heating and electrical power to class 8 trucks.

The university said in a news release that truckers using the discount can expect to save fuel immediately, and in a short time the savings will far outweigh the cost of the APU.

Information is available at http://www.state.tn.us/environment/recovery/der.shtml.

– The Associated Press

Cohen Recognized By Humane Society

The Humane Society of the United States has awarded Memphis congressman Steve Cohen its Legislative Leadership Award, and he also was highly rated in the Human Society Legislative Fund’s annual compilation of a scorecard for congressional reps.

That scorecard rates congress members based on co-sponsorship of pro-animal bills and key votes.

For the third year in a row, Cohen got a 100 percent rating from the society’s legislative fund, and is the only congressional member from Tennessee to do so.

Andy Meek

Saint Francis Lab Inspected, Earns Accreditation

The Clinical Laboratory at Saint Francis Hospital-Memphis has been awarded accreditation by the Accreditation Committee of the College of American Pathologists (CAP) based on results from an onsite inspection.

The inspection process included the examination of the laboratory’s records and quality control of procedures for the preceding two years. CAP inspectors also examine staff qualifications, the laboratory’s equipment, facilities, safety program and record as well as the overall management of the lab.

– Taylor Shoptaw

Registration Begins For Orthopedic Forum

Registration is now open for the second annual Orthopedic Design & Technology Forum set for April 28 at the FedEx Institute of Technology at the University of Memphis.

Key topics affecting the manufacturing market will include implementing outsourcing strategies and maintaining quality control, global regulatory compliance, opportunities in orthobiologic combination devices and more.

Detailed registration and additional information can be found at www.odtforum.com.

Tom Wilemon

PROPERTY SALES 62 288 2,619
MORTGAGES 52 197 1,783