CHICAGO — Bondholders owed nearly $20 million will settle for $50,000 in a bankruptcy settlement plan for a Nebraska museum that rarely generated enough money to service any of its debt in the 14 years it's been open.

Supporters, including former Nebraska Gov. Frank Morrison, hoped the Great Platte River Road Memorial, a museum dedicated to American pioneer history, would capture Interstate 80 travelers to become one of the state's top tourist attractions.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.