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Superintendent says lawsuit filed in error; lawyer disagrees
CANNELTON - A mortgage-foreclosure lawsuit against the Cannelton City Schools Corp. reported in The News' records section Aug. 4 was filed in error and won't go forward, according to Schools Superintendent Al Chapman.
A complaint filed July 15 in Perry Circuit Court by Fifth Third Bank alleges the school corporation failed to make required payments on a debt that stood at $61,325 as of July 9 for a mortgage on property at Fifth and Washington streets.
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