Lambuth University can’t make payroll

by E Wayne Ross on April 16, 2009

The Tennessean: Lambuth University can’t make payroll

Lambuth University officials announced Tuesday that the Jackson, Tenn., school will not be able to make its regularly scheduled payroll today.
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The business office was informed Monday that an anticipated line of credit would not be available as previously thought, according to a news release from the university.