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Tag Archives: Walnut Grove

Forest bank set to acquire Walnut Grove bank

MBJ staff The board of directors of the Bank of Walnut Grove has agreed for the bank to be acquired by the Bank of Forest in a merger whereby the existing shares of Bank of Walnut Grove will be purchased for cash. The transaction is expected to be completed during the second quarter, pending regulatory and Bank of Walnut Grove ...

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Analysis: As prison closes, state still reckons with debt

If you’ve got to keep paying for something, you might as well use it. That, more than anything, might be the logic behind the announcement from Mississippi Corrections Commissioner Marshall Fisher last week that the state prison system intends to seek new uses for the recently closed Walnut Grove Correctional Facility. Fisher said last week saying the department is considering ...

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State says it will seek other uses for just-closed prison

Mississippi’s prison system says it will seek some other use for the just-closed Walnut Grove Correctional Facility. The facility had been run by private companies — most recently Utah-based Management and Training Corp. — but is owned by a public authority. Bond documents issued in July show the state still owes almost $94 million that was borrowed to build and ...

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