Nasson College in Sanford was founded in 1912 as Nasson Institute, a girl's scho
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.
Career Institute Sanford, Nasson College Springvale, Trusts and trustees
Beem, Edgar Allen, "Nasson College in Sanford was founded in 1912 as Nasson Institute, a girl's scho" (1994). Maine News Index – Maine Times. 728.