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JACKSONVILLE, TX (KLTV) - One year has passed since Lon Morris College declared bankruptcy. The college auctioned off the core of their 12 acre campus, which was arranged into 16 different groupings of facilities and land. Major purchases were made by local bidders, including Jacksonville ISD.
Nov 30, 2012 · - The Texas Methodist Foundation is suing the Lon Morris College bankruptcy estate and Texas Attorney General Greg Abbott to prevent Dawn Ragan, the college's chief restructuring officer, from liquidating five separate charitable endowments totaling $265,000 to pay Chapter 11 bankruptcy costs.
According to a lawsuit filed in federal bankruptcy court, Lon Morris College is suing its former president, Dr. Miles McCall, and nine members of various boards and committees. In the lawsuit, the college demands damages in excess of $20 million.
Jan 3, 2015 · Lon Morris College is being auctioned off on December 13th. "Shannon Wilson" JACKSONVILLE — In July 2012, Lon Morris College — the state's oldest junior college, founded in 1854 — declared...
Lon Morris College filed for bankruptcy on July 2, 2012. [4] The 112-acre campus was auctioned on January 14, 2013, in Dallas, Texas; the primary purchasers were a local school district and an office supply company.
Aug 27, 2012 · According to a press release issued by Bridgepoint Consulting, which was hired by the ailing 158-year-old institution to help with its financial woes, LMC will suspend classes and focus on finding a buyer for the school.
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Dec 30, 2014 · A recreation center once owned by the college – which purchased it from the City of Jacksonville – was reacquired by the City and renovated and renamed the Stacy D. Hunter Recreation Center, in honor of a beloved slain city employee and youth coach.
