Guest wrote:There are people on this board who were on Frantz's non profit board and they wont say anything other than try to distance themselves from it.
To make a long story short, the Northeastern Maritime Historical Foundation's museum plans all hinged on the Ashland ore dock proposal. Canadian National wanted to get rid of the dock after inheriting it from the Wisconsin Central which inherited it from the Soo Line (which last used it in the mid-1960's). The plan would have involved the railroad donating the dock to the foundation, along with a multi-million dollar endowment that would have covered structural repairs to the dock as well as seed money for the museum. Based on initial estimates, this would have been a lower cost alternative for the railroad, compared to the complete demolition of the dock and restoration of the lake bed (which was their other option), so the deal would have been a win-win situation for everybody. The engineering study numbers weren't favorable though, and the foundation's plans (and the foundation itself) unraveled quickly after the dock deal fell through.
As for what happened to Franz or his businesses after his car accident, even those of us who had been involved with the NMHF were left out of the loop when he fell off the map. I've heard the same rumors as everybody else, but beyond that your guess is as good as mine.
It is a strange mystery, what happened to Frantz and his non profit that owned all the tugs. There are people on this board who were on Frantz's non profit board and they wont say anything other than try to distance themselves from it.
As far as Frantz it has been posted here that he was in a bad car wreck and was in the hospital, other have said he is in jail.
Really strange the way no one will discuss what happened with the non profit or Frantz.
Isaac wrote:Franz's companies are no longer in business, but nobody seems to know exactly where Franz is.
Seneca was sold into private ownership at Sault Ste. Marie, ON. Anna Marie Altman, ex-Susan Hoey, was reported on the News Channel here to have been sold to Purvis Marine along with fleetmate Sioux.