program to promote the college. Furthermore, the college paid $400,000 in commissions to individuals who helped the college raise money. In the fall of 1971, Humbard had bulldozers go to work on Mackinac Island's far West Bluff at Stonecliffe to clear old-growth cedar for downhill ski slopes. Humbard regularly flew from Akron, OH to Mackinac Island to inspect the work. In early 1972, the work at Stonecliffe continued as an 838 ft. double chairlift was installed. Humbard's expenses immediately mounted, however, as he also began building a tower in Cuyahoga Falls, OH (now part of Ernest Angely's Grace Cathedral), purchased a 23-story office building, and acquired his third private plane (a Lockheed Electra turboprop). In the winter of 1972 the bluff proved unsuitable for downhill skiing. Then in June 1973—due to financial problems and lawsuits filed by the Ohio Department of Commerce and the U.S. Securities and Exchange Commission—Mackinac College at the Rex Humbard Development Center sold off much of the college's furnishings and closed. After 1973 In 1973 creditors reorganized the Mission Point campus as a summer resort complex. In 1977, Humbard sold it for $1.3 million to the Loewi Realty Company, Milwaukee, in association with Jeff DeGayner of Arlington Heights, Ill. The name was changed to Mackinac Hotel and Conference Center. In 1987 John Shufelt purchased and restored the campus, which is now Mission Point Resort. It has since been purchased by Dennert O. and Suzanne Ware. In the mid-1970s, Stonecliffe was purchased by entrepreneur George Staffan, who ran it as an Inn until 2000. The chairlift was taken down and moved to a ski resort in Massachusetts. The Robert Pulte family finally purchased Stonecliffe and they continue to run the Inn, having added many amenities to the property, See also Mackinac College, a private liberal arts college that operated in 1966-1970 References 1971 establishments in Michigan 1970s disestablishments in Michigan Defunct private universities and colleges in Michigan Educational institutions established in 1971 Mackinac Island