, Corbin, KY

Local News

March 24, 2014

Mountain View Lodge sold at auction

CORBIN — By Jeff Noble / Staff Writer

Whitaker Bank is the new owner of the property known as Mountain View Lodge.

The bank, which was the plaintiff in a civil action suit in Whitley Circuit Court, was the highest and best bidder during a public auction held last Monday by Master Commissioner Howard O. Mann at the Whitley County Courthouse in Williamsburg.

The motel property was sold at a price of $600,001.

Records from the Master Commissioner’s Sale indicated since Whitaker Bank was the party to receive the judgement in the action, they were not required to make a down payment and post a bond, but would be given credit against its judgement.

Mann’s report of the sale was filed Thursday in Whitley Circuit Court. Circuit Court Clerk Gary W. Barton noted any party may serve written objection to the report within 10 days after the date of service of the notice.

Court records on March 13 and filed the next day that the property was appraised for $900,000.

The sale of the motel was the result of a Judgement and Order entered by Whitley Circuit Court on Feb. 3. Later that month, on Feb. 25, the Commissioner’s Sale notice was announced by Mann.

The judgement ruled against the defendants in the case, Mountain View Lodge, LLC, Theresa Kranz, Albert Earl Kranz, Douglas Miller and Patricia Miller.

The sum of the judgement was $584,566.25 as of Jan. 15, plus interest at the rate of 6.5 percent per annum until the date of Judgement and thereafter at the maximum judgement rate until paid, with a per diem (for each day) of $90.28.

The property was acquired by Mountain View Lodge, LLC by a deed from Corbin Hospitality Group, Inc. on May 31, 2007. The transaction was recorded on July 23, 2007.

The Commissioner’s Sale came from the February ruling in the case in Whitley Circuit Court that involved the plaintiff, Jimmy Vance, doing business as Vanbar Outdoor Advertising, versus the defendants, Mountain View Lodge, LLC, Whitaker Bank; and the Commonwealth of Kentucky. The case also named Whitaker Bank, Inc. as the plaintiff vs. Theresa Kranz, Albert Earl Kranz, Douglas Miller and Patricia Miller all as defendants.

Text Only
Local News
  • 0721 WEB drugs and money seized.jpg Six arrested in drug investigation

    Staff Report
    Six people were arrested Saturday on drug charges after a joint investigation by the Laurel County Sheriff’s Office and the London Police Department, according to Laurel County Sheriff John Root.

    July 21, 2014 1 Photo

  • 0721 WEB shelter cat 3458.jpg Shelter seeks help

    By Kristina Smith
    Staff Writer
    Renovating a 10,000-square-foot building isn’t easy, but Knox-Whitley Animal Shelter Director Deanna Myers is up to the task.

    July 21, 2014 2 Photos

  • Hwy. 192 widening hearing set

    By Kristina Smith
    Staff Writer
    A public information hearing Thursday will discuss the widening of KY-192.

    July 21, 2014

  • 0721 WEB Air Evac Lifeteam helicopter from 2012 "Touch-A-Truck".jpg Popular ‘Touch a Truck’ returns

    By Jeff Noble
    Staff Writer
    What do kids want to be when they grow up?

    July 21, 2014 1 Photo

  • 0721 WEB flower shoe 3537.jpg Mountain Laurel flower show a success

    By Kristina Smith
    Staff Writer
    “Planes, Trains and Automobiles” was the theme for Saturday’s flower show presented by the Mountain Laurel District.

    July 21, 2014 2 Photos

  • Today's Headlines: July 21, 2014

    Six arrested in drug investigation

    Shelter seeks help: Rebuilding continues, Knox-Whitley animal shelter needs more volunteers, donations

    Popular ‘Touch a Truck’ returns: Corbin Public Library event wraps up summer reading program

    Mountain Laurel Flower Show a success

    Tripped Up: Tough loss follows Saturday's walk-off win

    Comeback Effort: Knox County recovers from 24-0 loss, grabs 4-2 win in pool play

    July 21, 2014

  • 0719 Barbourville Police Chief Mike Broughton (close up).jpg Barbourville police chief retiring

    After nearly three years, Barbourville Police Chief Mike Broughton wants to take a rest.

    July 20, 2014 1 Photo

  • 0716 Dirk Shelton in his Air Force uniform.jpg Shelton funeral may be held midweek

    Arrangements are still incomplete as of Friday night, but family members have told the Times-Tribune the funeral of Staff Sergeant Dirk Shelton may be held either this Wednesday or Thursday.

    July 20, 2014 1 Photo

  • Part of Ky. 80 to be closed for bridge repair

    This friendly reminder for the weekend — part of Hwy. 80 east of London in Laurel County will be closed beginning Monday as crews from Kentucky Transportation Cabinet’s District 11 office repair a bridge.

    July 20, 2014

  • 0718 DUCK FOR WEB.jpg Quack Pack

    About 50 ducks waddled up the banks near the Engineer Street Bridge Wednesday during a sunny and pleasant afternoon.

    July 18, 2014 1 Photo

Front page
Featured Ads
AP Video
Obama Offers Condolences at Dutch Embassy Cat Fans Lap Up Feline Film Festival Raw: Lawmakers Scuffle in Ukraine's Parliament The Rock Finds His Inner 'Hercules' Michigan Plant's Goal: Flower and Die Raw: MH17 Passenger Remains in Kharkiv, Ukraine Raw: Israel Hits Gaza Targets, Destroys Mosques ShowBiz Minute: Hoffman, Oberst, Box Office WWII Vet Gets Medals, 70 Years Late 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
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Twitter Updates
Follow us on twitter