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Lynchburg Businessman to Buy Ambassador College for Christian Work
Lynchburg businessman F William Menge plans to pay 10.6 million dollars for Ambassador College in Big Sandy Texas to redirect profits into religious activities. He leads Mac-Men Associated Companies with 17 firms and about 70 million in assets. The facility will be leased to the James Robinson Evangelistic Association and a planned self contained Christian enclave with a shopping center. Menge cites religious aims and possible tax relief as factors though he is a Thomas Road Baptist Church board member.
MENTIONED IN THIS ARTICLE
Lynchburg
William Menge
Ambassador College
Big Sandy
Texas
Menge
Mac-Men Associated
Mac-Men
Jiet
James Robinson Evangelistic Association
Hurst
Fort Worth
Herbert W. Armstrong
Church of God
Armstrong
Garner Ted Armstrong
Thomas Road
Jerry Falwell
Falwell
Thomas Read
Old Time Gospel Hour