ALLEGAN – The sky was the limit for Dodgen Aircraft and Skykid Aviation until the businesses were grounded earlier this month when a bank seized their assets and put them on the auction block.
On Tuesday Byron Township-based Miedema Auctioneering will sell off the assets – including six aircraft – via its online Orbitbid.com division.
Scott Miedema, president of the auction company, said the seizure of the aircraft at Allegan Municipal Airport's Padgham Field, 740 Grand St., was one of the more unusual repossessions he has been involved with.
The planes had their propellers chained to their landing gear to prevent them from flying away before the auction. One plane was still airborne when Miedema showed up with bank representatives and attorneys to seize the assets because of unpaid debts.
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