Owners of two historic tourist attractions file bankruptcy
Published: December 8,2011
NATCHEZ — An historic mansion and a tavern that has operate for decades in downtown Natchez have filed for bankruptcy protection from foreclosure.
The Natchez Democrat reports both Monmouth Plantation and King’s Tavern remain open.
Monmouth co-owner Ron Riches says the business filed Chapter 11 bankruptcy last week to avoid the foreclosure scheduled for this week. The Monmouth Plantation offers 30 rooms in an 1818 Greek Revival home.
Shawyn Mars, a co-owner of King’s Tavern, says the tavern filed for bankruptcy in September at the advice of their attorney so they could keep their doors open. He says the business was affected by the Mississippi River flood and the lull between the Spring Pilgrimage and Fall Pilgrimage. The restaurant has been at the location for 40 years.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Alcorn president launches new customer service task force
- NEW IN MADISON COUNTY — Mississippi Bio-Medical Business Collaboratory to be introduced Friday
- David Duval, former British Open winner, joins Sanderson Farms field
- Court rules against Greenwood councilwoman; must give up office
- GreenTech holds grand opening of neighborhood electric vehicle plant
- Turner Grain’s bankruptcy will help consolidate lawsuits alleging breach of contract
- Cochran continues to reach out to African American voters
- Peoples Bank reports quarterly loss due to bad loans
- Senators write letter over Waters of the United States proposal