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Ghost Town Village
Ghost Town Village (formerly "Ghost Town in the Sky at Ghost Mountain Park") is an abandoned Wild West-themed amusement park in Maggie Valley, North Carolina, United States that is currently, as of October 2019, under contract for possible sale. It sits atop Buck Mountain, with a top elevation of . Ghost Town is promoted as "North Carolina's mile-high theme park." History Location The park is located on a ridge extending from Buck Mountain border, an extension of the Cataloochee Divide, to the Great Smoky Mountains National Park. The park's entrance is located on U.S. Highway 19, the main road through the town of Maggie Valley. An unusual aspect of this park is that it is located atop a mountain which originally could only be accessed by visitors via a chair lift or an inclined funicular railway. Attempts to move visitors to the park by bus proved problematic.(At one time visiting the closed park was possible via an abandoned road, but it is a private property and as ...
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Maggie Valley, North Carolina
Maggie Valley is a town in Haywood County, North Carolina, United States. The population was 1,150 at the 2010 census. A popular tourist destination, it is home to Cataloochee Ski Area and the former Ghost Town in the Sky amusement park. Maggie Valley is part of the Asheville Metropolitan Statistical Area. The community gets its name from Maggie Mae Setzer; her father John "Jack" Sidney Setzer founded the area's first post office and named it after one of his daughters. History Before European colonization, what is now Maggie Valley was inhabited by the Cherokee people for centuries. Maggie Valley was officially incorporated as a town on May 10, 1904. Geography Maggie Valley is in west-central Haywood County at (35.514430, -83.067013). U.S. Route 19 is the main road through the town, leading east to Asheville and west over Soco Gap to Cherokee. According to the U.S. Census Bureau, the town has an area of , all land. Wildlife Elk were copious throughout the United States ...
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Mel Tillis
Lonnie Melvin Tillis (August 8, 1932 – November 19, 2017) was an American country music singer and songwriter. Although he recorded songs since the late 1950s, his biggest success occurred in the 1970s as part of the outlaw country movement, with a long list of Top 10 hits. Tillis' biggest hits include " I Ain't Never", "Good Woman Blues", and "Coca-Cola Cowboy". On February 13, 2012, President Barack Obama awarded Tillis the National Medal of Arts for his contributions to country music. He also won the Country Music Association Awards' most coveted award, Entertainer of the Year. Tillis was a member of the Grand Ole Opry, Nashville Songwriters Hall of Fame, and Country Music Hall of Fame. Additionally, he was known for his stutter, which did not affect his singing voice. His daughter is 1990s country hitmaker Pam Tillis. Early life Mel Tillis was born in Tampa, Florida, US. His parents were Burma (née Rogers; 1907–1990) and Lonnie Lee Tillis (1907–1981). While he ...
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Haywood County, North Carolina
Haywood County is a county located in the U.S. state of North Carolina. As of the 2020 census, the population was 62,089. The county seat and its largest city is Waynesville. Haywood County is part of the Asheville, NC Metropolitan Statistical Area. History Part of indigenous territory considered the Cherokee homeland, the county was formed by European Americans in 1808 from the western part of Buncombe County. It was named for John Haywood, who served as the North Carolina State Treasurer from 1787 to 1827. In 1828 the western part of Haywood County became Macon County. In 1851 parts of Haywood and Macon counties were combined to form Jackson County. The last shot of the Civil War east of the Mississippi was fired in Waynesville on May 9, 1865, when elements of the Thomas Legion (Confederate) skirmished with the 2nd North Carolina Mounted Infantry (Union). A monument is situated on Sulphur Springs Road in Waynesville. Geography According to the U.S. Census Bureau, the ...
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SunTrust
SunTrust Banks, Inc. was an American bank holding company with SunTrust Bank as its largest subsidiary and assets of US$199 billion as of March 31, 2018. The bank's most direct corporate parent was established in 1891 in Atlanta, where it was headquartered. As of September 2016, SunTrust Bank operated 1,400 bank branches and 2,160 ATMs across 11 southeastern states and Washington, D.C. The bank's primary businesses included deposits, lending, credit cards, and trust and investment services. Through its various subsidiaries, the company provided corporate and investment banking, capital market services, mortgage banking, and wealth management — with nearly 24,000 employees. In 2013, it was ordered to pay $1.5 billion "to resolve claims of shoddy mortgage lending, servicing and foreclosure practices," and it reached a preliminary $968 Million settlement with the US government in 2014. In February 2019, SunTrust Banks announced its pending purchase by BB&T for $28 billion i ...
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Asheville Citizen-Times
The ''Asheville Citizen-Times'' is an American, English language daily newspaper of Asheville, North Carolina. It was formed in 1991 as a result of a merger of the morning ''Asheville Citizen'' and the afternoon ''Asheville Times''. It is owned by Gannett. History Founded in 1870 as a weekly, the ''Citizen'' became a daily newspaper in 1885. Writers Thomas Wolfe, O. Henry, both buried in Asheville, and F. Scott Fitzgerald, a common visitor to Asheville, frequently could be found in the newsroom in earlier days. In 1930 the ''Citizen'' came under common ownership with the ''Times'', which was first established in 1896 as the ''Asheville Gazette''. The latter paper merged with a short-lived rival, the ''Asheville Evening News'', to form the ''Asheville Gazette-News'' and was renamed ''The Asheville Times'' by new owner Charles A. Webb. The ''Citizen'' was in a former YMCA and the press was in the swimming pool. The ''Times'' was in the Jackson Building. The ''Citizen'' had to ...
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Memphis, Tennessee
Memphis is a city in the U.S. state of Tennessee. It is the seat of Shelby County in the southwest part of the state; it is situated along the Mississippi River. With a population of 633,104 at the 2020 U.S. census, Memphis is the second-most populous city in Tennessee, after Nashville. Memphis is the fifth-most populous city in the Southeast, the nation's 28th-largest overall, as well as the largest city bordering the Mississippi River. The Memphis metropolitan area includes West Tennessee and the greater Mid-South region, which includes portions of neighboring Arkansas, Mississippi and the Missouri Bootheel. One of the more historic and culturally significant cities of the Southern United States, Memphis has a wide variety of landscapes and distinct neighborhoods. The first European explorer to visit the area of present-day Memphis was Spanish conquistador Hernando de Soto in 1541. The high Chickasaw Bluffs protecting the location from the waters of the Mississipp ...
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Libertyland
Libertyland was an amusement park located in Memphis, Tennessee. Opened on July 4, 1976, it was located at 940 Early Maxwell Blvd. It was structured under the nonprofit 501(c)4 US tax code. It closed due to financial reasons in 2005. History Libertyland opened as an amusement park on the Mid-South Fairgrounds on July 4, 1976. Before then, the fair had operated on the land, including the Coaster Pippin renamed Zippin Pippin with the opening of Libertyland and the Grand Carousel. The city of Memphis decided it was time for a theme park for the city. It opened in 1976 with several rides, including the pre-existing rides that had operated in that place before. The Zippin Pippin was widely popular as it was Elvis Presley's favorite wooden roller coaster. In fact, on August 8, 1977, just eight days before his death, Elvis rented Libertyland as a gift for his 9 year old daughter, Lisa Marie Presley. From 1 am until dawn, Elvis, Lisa Marie, Elvis' then-fiance Ginger Alden and about a d ...
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Late 2000s Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. The ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ...
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Financial Crisis Of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability a ...
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BB&T
BB&T Corporation (previously known as the Branch Banking and Trust Company) was one of the largest banking and financial services firms in the United States, based in Winston-Salem, North Carolina. In 2019, BB&T announced its intentions to merge with Atlanta-based SunTrust Banks to form Truist Financial. History In 1872, Alpheus Branch and Thomas Jefferson Hadley founded the Branch and Hadley merchant bank in their hometown of Wilson, North Carolina. After many transactions, mostly with local farmers, Branch bought out Hadley's shares in 1887 and renamed the company Branch and Company, Bankers. During that same year, the bank also moved to its new headquarters on Nash Street in downtown Wilson, North Carolina. Two years later, Branch, his father-in-law Gen. Joshua Barnes, Hadley, and three other men secured a charter from the North Carolina General Assembly to operate the Wilson Banking and Trust Company. After many more name changes, the company finally settled on the name Branc ...
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Roller Coaster
A roller coaster, or rollercoaster, is a type of amusement ride that employs a form of elevated railroad track designed with tight turns, steep slopes, and sometimes inversions. Passengers ride along the track in open cars, and the rides are often found in amusement parks and theme parks around the world. LaMarcus Adna Thompson obtained one of the first known patents for a roller coaster design in 1885, related to the Switchback Railway that opened a year earlier at Coney Island. The track in a coaster design does not necessarily have to be a complete circuit, as shuttle roller coasters demonstrate. Most roller coasters have multiple cars in which passengers sit and are restrained. Two or more cars hooked together are called a train. Some roller coasters, notably Wild Mouse roller coasters, run with single cars. History The Russian mountain and the Aerial Promenades The oldest roller coasters are believed to have originated from the so-called "Russian Mountains", speciall ...
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