Daily Progress, Jacksonville, TX

Homepage

January 16, 2013

Texas Methodist Foundation: Spare our endowments or stop the Lon Morris auction

Both TMF and United States Department of Justice file motions in bankruptcy court requesting more time before auction results are accepted by court

(Continued)

TYLER —

Tom Kelley, Texas Attorney General's Office spokesman declined to comment Wednesday.

The endowments at issue by the TMF include:

• The Faubion Endowment Fund, created by Last Will and Testament on May 21, 1996 with a current appropriate principal balance relevant to Lon Morris College of $102,261.25.

• The Buel N. Kiker and Rhena N. Kiker Memorial Fund created by Trust Agreement on June 29, 1989, with a current appraiser Principal balance relevant to LMC of $102,906.87.

• The Herbert E. Dishman and Family Trust; created by Trust Agreement on July 2, 1968, with a current approximate principal balance relevant to LMC of $50,444.67

• The Donald G. And Marjorie L. Willis Fund, created by Trust Agreement on January 12, 1989, with a current approximately principal balance relevant to LMC of $4,161.79.

• The JL "Bo" Wilson Scholarship Fund, created in December 1976; with a current approximate principal balance relevant to LMC of $10,090.23.

Text Only

LOCAL NEWS
LOCAL SPORTS
LIVING
LOCAL MAGAZINE
LOCAL OBITUARIES

AP VIDEO
Raw: Israel Bombs Multiple Targets in Gaza Veteran Creates Job During High Unemployment Raw: Cargo Craft Undocks From Space Station Widow: Jury Sent Big Tobacco a $23B Message New Orleans Plans to Recycle Cigarette Butts UN Security Council Calls for MH 17 Crash Probe Obama Bestows Medal of Honor on NH Veteran Texas Sending National Guard Troops to Border Hopkins to Pay $190M After Pelvic Exams Taped Foxx Cites Washington 'Circus Mirror' NASA Ceremony Honors Moon Walker Neil Armstrong Obama Voices Concern About Casualties in Mideast Diplomacy Intensifies Amid Mounting Gaza Toll AP Exclusive: American Beaten in Israel Speaks Obama Protects Gay, Transgender Workers Raw: Gaza Rescuers Search Rubble for Survivors Raw: International Team Inspects MH17 Bodies Raw: 25 Family Members Killed in Gaza Airstrike US Teen Beaten in Mideast Talks About Ordeal 'Weird Al' Is Wowed by Album's Success