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Granite Falls Advocate Tribune - Granite Falls, MN
  • Clarkfield school now officially sold, details still emerging about building’s purchaser

  • We now have a name to go with a number, but little else in the slow to unfold drama of the Clarkfield High School and H.A. Hagg Elementary building located on 11th Ave. in the heart of the city of Clarkfield.
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  • We now have a name to go with a number, but little else in the slow to unfold drama of the Clarkfield High School and H.A. Hagg Elementary building located on 11th Ave. in the heart of the city of Clarkfield.
    This week documents were filed at the Yellow Medicine County Court House transferring the property’s deed from the most recent owner, George Duncan of Meadville Missouri, to an entity titled NHSH Inc. with the address 717 North Union St., Wilmington,  Delaware.
    The sale price logged with County Assessor Connie Erickson for the school building, which was sold at auction on eBay on Monday, April 22, 2013, was $70,411. The school was first purchased by Duncan from the Yellow Medicine East School District on Aug. 1 2012 for $6,100. Duncan then leased the building’s main gym back to Yellow Medicine East for $15,000/yr after spending roughly $10,000 to renovate heating in that end of the building.
    As for the building’s new owner, NHSH Inc., they have been incorporated in the state of Delaware since 2011 as a non-profit or religious entity. As of late Tuesday, calls to a cell phone number, which was left as contact information for the company with several local officials, have gone unanswered.
    The man acting as agent for NHSH Inc., as identified by the few that have been briefly contacted by him (such as attorney Spencer Kvam who filed the deed transfer with the county), is Einar Agustsson.
    Agustsson is most prominently associated with Skajaquoda Group Inc., a financial service provider also headquartered in the Wilmington, Delaware area, as the company’s founder and Chief Executive Officer. His biography on the company’s website reads: “Mr. Agustsson has been trading on international financial markets for a decade both as a private and professional investor. Mr. Agustsson has held various management positions in start-up companies. Mr. Agustsson is involved with philanthropy through Skajaquoda’s charitable foundation, Stringpoint. Mr. Agustsson studied General Business Administration at the Reykjavik University 2004-2007.”

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