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Ellenville clinic still owes bank loan for 1971 debt
A $5,000 loan from Ellenville National Bank remains unpaid after more than a year with no repayment plan in sight. The loan, taken to cover Southern Ulster Mental Health Clinic debts, is disputed by the clinic which argues it is not legally bound to repay. Robert Frucht, elected clinic president, says repayment could occur if a year-end budget surplus appears, a prospect unlikely given last year’s $67,000 spend and a $1,699 state aid loss. The loan was drawn by former president Eugene Glusker three days before his May 1971 ouster, with Audrey Greene succeeding him. About $3,500 funded remodeling of Ellenville Village Hall basement for the clinic by McDole Construction Corp.
MENTIONED IN THIS ARTICLE
Ellenville National Bank
Southern Ulster Mental Health Clinic
Ellenville
Robert Frucht
Clinic
Frucht
Audrey Greene
Eugene Glusker
Greene
McDole Construction Corporation
Napanoch
Ellenville Village Hall
Ulster County
Glusker
Clifford C. Calhoun