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twitterMississippi hotel bankrupt
Friday, April 20, 2001 | 11:26 a.m.
GULFPORT, Miss. -- President Broadwater Hotel LLC said it filed for Chapter 11 bankruptcy protection after defaulting on a mortgage payment of more than $37 million. It's a subsidiary of President Casinos of St. Louis, though the bankruptcy doesn't include the property's casino.
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Locally owned and independent for more than 50 years.
