When the school left receivership and fell into foreclosure, the property was acquired by the Whateley Trust, a loose coalition of Heroes, Villains and Mutant Sympathizers including the Syndicate, the Black Mask, Champion, Lady Champion, the Empire City Guard, Doctor Alexander and Rev. Englund. The Trust took possession of a ramshackle property, much in disrepair on February 1st, 1962. Present among the weeds were the Historic Buildings:
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