1-20-04 - It's been more than a year since the Bonham Livestock Auction was open for business, but hundreds of cattleman are still owed hundreds of thousands of dollars.
It’s money they say they were cheated out of. In October of 2002, two of the four owners of the auction, Dorothy and Ronnie Gibbs, were indicted by a Fannin County grand jury on 17 counts of theft by check. The investigation began months earlier after cattleman were left holding checks they couldn't cash.
The barn was only bonded up to $85,000 which means folks who sold at the auction were only reimbursed a fraction of what they're owed. But that's just part of the problem for ranchers; for a year, they've had to drive as far as Paris, Durant, and Gainesville just to sell their cattle. But now the barn is back on the market and ranchers are hoping for a quick sale.
Prosecutors say the reality is that cattleman will likely never be fully reimbursed. The total amount of hot checks came to almost half a million dollars. I
f convicted on the state charges, the owners could face 10 to 20 years in prison and a $10,000 fine for each count.
Posted: 05/08/13 - The Sherman Public Library is very excited about our upcoming Summer Reading Club for children and teens. Children ages birth-11 can Dig into Reading and join the Youth Summer Reading Club. The theme for the Teen Summer Reading Club this year is Beneath the Surface and it is open to teens ages 12-18. Read More
Posted: 05/07/13 - DURANT, Okla. – Regent Terry Matlock will deliver remarks at Southeastern Oklahoma State University’s Spring Commencement, scheduled for Saturday, May 11, at Paul Laird Field. The ceremony (for all schools) will begin at 10 a.m. A reception will follow at 11:30 a.m. in the Visual & Performing Arts Center. Read More
Posted: 05/06/13 - SHERMAN, TEXAS—Members of the Austin College Class of 2013 are counting down the days until graduation—with both excitement and trepidation. Austin College President Marjorie Hass will present diplomas to more than 340 bachelor’s degree candidates and 18 Master of Arts in Teaching degree candidates who will take part in graduation events May 18 and 19 on campus. Read More
