Elizabeth Daily Journal
Hubbard Clinic's Assets Are Sold
WICHITA (AP) - Physical assets, copyrights and teaching privileges of
the Hubbard Dianetics Research Foundation, Inc., Wichita, were sold in
Federal Bankruptcy Court Tuesday to a group of the foundation's
The sale, approved by E. R. Sloan, of Topeka, Federal bankruptcy
referee, permits the purchasers to continue operation of the
foundation. Sale price was $6,124.
Dianetics, a mental science, was founded by L. Ron Hubbard.
Headquarters were moved to Wichita from Elizabeth, N.J., in January,
1951. The foundation, described as engaged in research and promotion
in the field of mental science, was incorporated under Kansas law last
Last February 22 the foundation went into voluntary receivership.
As of February 21, officers said, Hubbard severed connections with the
foundation and sold his interest to his associates. He had been
chairman of the board.
Officers said Hubbard is now believed to be in Phoenix, Ariz. The
receivership petition said the foundation had assets totaling
$40,763.19 and liabilities totaling $212,394.33.
Opened Here in 1950
The Hubbard Dianetics Research Foundation, Inc., established its
international headquarters at 275 Morris avenue in 1950. The
headquarters of the highly controversial organization was moved to
Wichita after the New Jersey Board of Medical examiners instituted a
District Court suit - never tried - charging the group with operating
a medical school without a license. Since then a number of court
judgments for unpaid debts have been entered here against the