Harold Brubaker, Inquirer Staff Writer
Last updated: Tuesday, February 4, 2014, 8:06 PM
Posted: Tuesday, February 4, 2014, 3:16 PM
Philadelphia Orphans' Court Judge John W. Herron ruled Tuesday that the Archdiocese of Philadelphia's plan to lease 13 cemeteries to a for-profit company was not a diversion of charitable assets, clearing the way for the deal to go forward.
Under the agreement between the archdiocese and StoneMor Partners L.P., announced in September, StoneMor will make an initial payment of $53 million, with an additional $36 million spread over the sixth through 35th years of the 60-year lease
Read the entire article by clicking on the following: Judge OKs archdiocese cemetery lease deal
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