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NCR sells Ohio estate of late industrialist

Tue, 12/08/2009 - 1:00pm
The Associated Press

NCR Corp. has sold the suburban Dayton estate of late Ohio industrialist Colonel Edward Andrew Deeds to a health network for $2.5 million.

Montgomery County auditor's documents filed Monday show Moraine Farm was purchased by Kettering Health Network. The title will be held by Kettering Medical Center.

NCR had sought $8 million for the estate in Kettering. Deeds, former chairman of NCR, built the original house in 1912 and later turned it into an English manor style mansion.

The 45,803-square-foot mansion occupies nearly 8.6 acres. The original estate had a dairy barn, stable, and private landing strip next to the house that once served as the experimental station of the Dayton Wright Airplane Company.

NCR makes ATMs and retail checkout scanners. It recently began moving its headquarters from Dayton to Georgia.

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Information from: Dayton Daily News, http://www.daytondailynews.com

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