Fallon Theatres, among oldest in state, facing foreclosure
March 14, 2013 - 1:05 am
FALLON — One of the oldest theaters in Northern Nevada is facing foreclosure.
The Fallon Theatres opened in 1920 as the vaudeville and silent-movie house in the rural town about 60 miles east of Reno.
The Reno Gazette-Journal reported that the theater is scheduled to be auctioned at the Churchill County Courthouse on April 11 unless owners Bob and Mary Beth Erickson reach a refinancing agreement with their lenders.
Erickson said he has a balloon debt payment and has been unable to keep up with the cost of upgrading equipment and other business losses.
The 10,000-square-foot complex with two screens is the only movie theater in Churchill County.