Summary
The Callaway Bank on Wednesday bought back 40 acres of vacant land surrounding Moser's at Brown Station Road and Highway 763 at a foreclosure sale that drew about a dozen people.
The Callaway Bank, a small community bank based in Fulton with about $275 million in assets, made the sole bids at the two auctions held for land formerly owned by North 763 Lands LLC and RPM Land Co. The bank bought the 27 acres owned by North 763 Lands for $4.88 million, and it purchased the 13 acres owned by RPM Land Co. for almost $700,000.See the full content of this document
Extract
; North Columbia Land Foreclosed.
The foreclosure stems from loans made to the two companies in October 2008. RPM Land Co. is owned by Ralph Hennerich, Mark Robb and Phillip Blom, Boone County records show. North 763 Lands is owned by the same people as well as local developer Rob Wolverton. Cou...
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