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  Diocese to Sell Farm to Settle Bankruptcy

Associated Press, carried in WQAD
May 19, 2007

http://www.wqad.com/Global/story.asp?S=6540154&nav=1sW7

Davenport, Iowa - In its efforts to resolve a Chapter Eleven bankruptcy, the Diocese of Davenport will sell a farm in eastern Iowa for $$310,000.

The diocese filed a motion this week in US Bankruptcy Court, Southern District of Iowa. It wants to sell the land to Charles Van Fossen.

The sale will be considered for approval at a court hearing on May 30th.

Until that time, the church can consider other offers on the property and two others it already agreed to sell last month.

Victims of sexual abuse by priests who have filed claims against the diocese will get money from the sales.

 
 

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