Milligan Reynolds Guaranty Title, Inc. will be celebrating its 80th anniversary Thursday from 4-7 p.m. at 724 Cherry St. in the innovation district of downtown Chattanooga.
Milligan Reynolds was founded in 1938 by Dana Milligan and Mark Senter. Mr, Reynolds acquired a majority interest about two years later and the name was changed. Since that time Milligan Reynolds has grown to have three full time attorneys on staff including George McInturff, Esq, Valerie Epstein and Derek Nelson, along with co-owner and CFO Doris Peak who has been with the company for 40 years.
The company has seen its commercial and residential sales increase to over $50 million.
“Much has changed downtown over the years but we can say that Milligan Reynolds continues to thrive using tried and true methods while continuing to look for new ways to innovate including adding advanced mobile technology allowing a closing to occur anywhere there is a secure wifi network," said Ms. Epstein. "One unique aspect of our business is that we have records going back to 1938 which allows us to do a more thorough search of your title. Quite often you will find an original document that helps inform your opinion of title.”
The location at 724 Cherry St. also houses some of Chattanooga’s underground “archives” when the city flooded and moved business up one floor. You can see the arches on the private ally. Milligan Reynolds keeps their oldest records there for safekeeping. In addition, the company is fortunate to have some of the city’s rarest linen plat maps beginning in 1904 and some of these have reproduced those for the anniversary event.
“We look forward to welcoming new and old to Chattanooga as the city grows so we will grow and flourish," said Ms. Peak. "Thank you for supporting us and we look forward to having you at our closing table.”
For further inquires please call Ms. Epstein or Ms. Peak at 756-0911.