St. Gregory's trustee denies a museum's $2.3 million claim
February 13, 2019
SHAWNEE, Okla. (AP) — A museum is wrong to demand $2.3 million from a St. Gregory University auction of mineral interests, according to the trustee tasked with liquidating the school's assets to pay off creditors during federal bankruptcy proceedings.
The Mabee-Gerrer Museum of Art in Shawnee filed a claim saying the W.P. Wood Charitable Trust transferred mineral deed ownership to St. Gregory's and two other parties in 1998. The trust notified the university by letter that a percentage of earnings from the July auction should go to the nonprofit museum, which had essentially been a department...
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