Title

Nasson College in Sanford was founded in 1912 as Nasson Institute, a girl's scho

Source

Maine Times

Date

6-17-1994

Pages

1-5

Abstract

Nasson College in Sanford was founded in 1912 as Nasson Institute, a girl's school, and in 1935 became Nasson College. The school began admitting men in 1951, and in 1982 declared bankruptcy. Edward Mattar III, proprieter of a small college in Worcester, Mass., purchased the core of the campus for $400,000 in 1985, changed the school's name to the Career Institute last year and moved it into a shopping mall on the edge of town. The Hervey Hanscom Trust, valued at $2.04 million when it reached maturity in 1993, belonged to the school, but now that the school is non-existent other non-profit institutions are laying claim to the fund. Details.

Subjects

Career Institute Sanford, Nasson College Springvale, Trusts and trustees

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