Are you saying the "time stamp" is part of the memo field contents? Or is it the field name (because I don't know what you mean by title - fields don't have titles).
Also, I don't know what you mean by subract when referring to text field memo type. If you mean you want to extract a time value from a memo field, I believe that's possible, as long as there is only one, or you are content to get the first. Getting the field name would be even easier.