Originally Posted by Stammster
BSA mortgaged Philmont in 2019 to JP Morgan Chase, as collateral on debt they owed.

I did not know that.

Is there any updated information regarding that mortgage of Philmont?? I hope the BSA has either paid it off or are keeping the mortgage payments current. If they were to default, I have no doubt that JP Morgan Chase would take it over and develop it. Probably create 40 acre "ranchettes" for Chinese communist industrialists and Saudi oil billionaires.

Any info???

Thanks.

Bill.


"Always go straight forward, and if you meet the devil, cut him in two and go between the pieces." (William Sturgis, clipper ship captain, 1830s.)