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    GEORGE WASHINGTON HAS ACCRUED A $300,000 FEE FOR NOT RETURNING LIBRARY BOOKS
    April 17, 1779 - United States

    George Washington is said to have racked up $300,000 in late fees for failing to return two books to a Manhattan library. The first President had borrowed them from the New York Society Library on E. 79th St. in 1789 and never returned them. "We're not actively pursuing the overdue fines," the head librarian said. "But we would be very happy if we were able to get the books back." Washington's deed had gone unnoticed for almost 150 years, and only discovered in 1934 , when an old and dusty ledger was discovered in the library's basement.

    FORD MUSTANG UNVEILED
    April 17, 1964 - USA

    The Ford Motor Co. unveiled its new Mustang model at the New York World's Fair on April 17, 1964. The Mustang was championed by Ford Division general manager Lee Iacocca, with a suggested retail price of $2,368. The car was a great success and sold over one million cars in its first 18 months.

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O'Connor & Associates is a Houston-based real estate company providing cost segregation & property tax consulting, federal income tax reduction and appraisal services to commercial property owners throughout Texas.

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