Ponca City, OK

Now: 79 °F

Currently: Fair

Hi: 98 °F | Lo: 77 °F

Wednesday

Hi: 95 °F 

Lo: 72 °F

Thursday

Hi: 88 °F 

Lo: 73 °F

Friday

Hi: 87 °F 

Lo: 72 °F

Saturday

Hi: 85 °F 

Lo: 73 °F

Sunday

Hi: 92 °F 

Lo: 75 °F

Land returns to St. Gregory’s Abbey

The Associated Press and The Oklahoman - January 29, 2019 10:34 am

SHAWNEE, Okla. (AP) – Land that was used as collateral for a loan to now-closed St. Gregory’s University in Shawnee is back in the hands of St. Gregory’s Abbey.

Ownership of the land came into question when the university filed for bankruptcy in December 2017.

St. Gregory’s abbot, the Rev. Lawrence Stasyszen, told The Oklahoman that creditors were satisfied with the proceeds from the sale of university property and its assets.

The monks are now donating some of the land to the nonprofit National Institute on Developmental Delays. The institute for children and adults with special needs was started at the university in the 1960s.

The monks also donated $60,000 to the institute, which will build a new home for its programs on the donated land.

St. Gregory’s was founded in 1875 and was the only Roman Catholic university in Oklahoma when it closed in 2017.

 

Latest Stories

I-35 rest stop north of Blackwell closing for maintenance

The southbound I-35 rest stop at mile marker 226, north of Blackwell in Kay County, will...

Pawnee man dies in Cimarron Turnpike accident

Douglas H. Kilgariff, 69, of Pawnee, died in an accident about 5:38 a.m. Monday on the...

Jury returns conviction in online dating fraud conspiracy

OKLAHOMA CITY – Nnamdi Franklin Ojimba, 35, has been convicted by a jury of conspiring to commit...