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Tag Archives: trust

Judge places two cemeteries in receivership

PRENTISS COUNTY — Prentiss County Chancellor John Hatcher signed an order Tuesday placing Oaklawn Memorial Park of Booneville and Forrest Memorial Park of Corinth under receivership. Both cemeteries are owned and operated by Wayne Hight of Corinth. “Both cemeteries currently have zero dollars in their trust accounts. The Secretary of State’s Office cannot allow a cemetery with over a half-million ...

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Hosemann extends cemeteries' cease and desist order

CORINTH and BOONEVILLE — The Secretary of State signed an order continuing a cease and desist order issued against Forrest Memorial Park of Corinth and Oaklawn Memorial Park of Booneville. Both cemeteries may no longer sell any pre-need goods and services to the public. “With over $100,000 missing from their perpetual care trust accounts, our agency believes these two cemeteries ...

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Renasant buying $680M Alabama-based trust unit

TUPELO — Renasant Corporation’s wholly owned subsidiary, Renasant Bank, has entered into a definitive agreement to acquire the Birmingham, Ala.-based trust department of RBC Bank (USA), which services clients in Alabama and Georgia. The acquisition by Renasant will not affect the separate trust operations of RBC Wealth Management in the U.S. or RBC Trust Company (Delaware) Limited. Under the terms ...

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