Posted: Monday, 20 February 2012 4:10PM

STONE TO GO ON TRIAL IN MARCH IN OKLAHOMA



We're still waiting on a new trial date for the Clark man who was behind the project to develop 440 acres at the junction of Highways 22 and 63.

The case has been moved from Randolph to Ralls County on a venue change. 48-year-old Robert Stone is charged with eight counts of forgery and seven counts of theft/stealing. The trial was scheduled to begin in January, but Judge David Mobley delayed it after Randolph County Prosecutor Mike Fusselman and defense attorney Gillis Leonard issued a joint request for a continuance. A new date hasn't been set. Stone is also scheduled to go on trial in Oklahoma on March 21. He's charged there with obtaining money or property by deception, false statements or false pretenses. The Randolph County Sheriff's probable cause statement says Stone and another man received a $1.5 million line of credit from First National Bank in Oklahoma in October 2007.

Randolph County Prosecutors say Stone allegedly took the owner of Chisholm Trail Construction Incorporated and a bank manager to a subdivision near Columbia and presented the property to be Fairhaven in Sturgeon. The Junction Development project was introduced in December 2007 by several investors, including Stone. It was to have included facilities for multiple forms of racing, a hotel, an all-purpose covered coliseum, a shooting range, nightclub and a fire station. No construction work has ever taken place.

In April 2009, Clark residents approved three annexation issues and three tax issues needed to create a tax increment financing district to support the project.

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