Articles written by Pat Kelly

Pat Kelly, My Opinion|May 14, 2014

In response to your article “County Discusses St. Marie Bankruptcy” (May 7, Page 1A), the properties in question are not Pat Kelly’s, but St. Marie Development Corporation of Mt. (SMDC), a corporation that was formed for the creditors of Terry Parks’ bankruptcy. At the time of Terry Parks’ bankruptcy, people rightfully said that the stock had no value as there was no market for the properties. SMDC under Marv Bethea sold the few marketable properties of SMDC for ridiculously low prices. The 120 storage units, which Bethea currently owns, net... Full story