|Michael E. Stephens speaks at his alma mater,|
the University of Montevallo
Michael E. Stephens, former executive director of Lakeshore Rehabilitation Hospital and founder of the Lakeshore Foundation, owns (or did own) the Resting S Ranch on Cahaba Valley Road (Highway 119) in North Shelby County. The 12,300-square-foot main house sits on 35 acres and is valued at $4.56 million. The entire 82-acre ranch had a list price of $11.65 million in 2011. The property has been on the market, but it's not clear from public records if it has sold.
From a report at al.com:
According to Stephens, the Resting S Ranch land used to be Indian ceremonial grounds. He raised Arabian horses there, and the ranch is equipped with a birthing barn, stalls, office, inside arena and outside round pen.
Stephens founded ReLife Inc., a nationwide Birmingham-based rehabilitation-medicine company, which sold to HealthSouth for $180-million in 1984. The business school at the University of Montevallo is named for Stephens.
|Resting S Ranch|
Stephens was married to Deborah L. Stephens, but they divorced in 1992, public records show. He has been married to Nancy K. Stephens since at least the early 2000s, and their primary residence now is in Naples, Florida.
We contacted Rhonda Hoggle, who is Stephens' financial adviser and attorney-in-fact and has an office at 3230 Cahaba Valley Road, near the Resting S Ranch. We sought comment for this post from either Ms. Hoggle or Mr. Stephens, but neither has responded so far.
(1) Edgar C. Gentle III--attorney at Gentle Turner Sexton and Harbison, Birmingham, AL (3/8/16)
(2) Stewart Springer--attorney, solo practice in Birmingham, AL. (3/9/16)
(3) Richard W. "Dick" Bell--attorney, solo practice in Birmingham, AL (3/14/16)
(4) Robert M.N. Palmer--attorney and bar association president in Springfield, MO (3/15/16)
(5) Thomas Plouff--attorney, who is licensed in Alabama and has a practice in Chicago (3/17/16)