materials and refurbishing the once-abandoned Administration Building, the school operated under a mortgage from the Muncie Trust Company. Although the school had its largest student body with a peak enrollment of 806, officials could not maintain mortgage payments, and the school was forced to close once again in June 1917 when the Muncie Trust Company initiated foreclosure proceedings.
=== The Ball brothers and Ball State Teachers College era (1917–1960) ===
On July 25, 1917, the Ball brothers, local industrialists and founders of the Ball Corporation, bought the Indiana Normal Institute from foreclosure. The Ball brothers also founded Ball Memorial Hospital and Minnetrista, and were the benefactors of Keuka College, founded by their uncle, George Harvey Ball. For $35,100, the Ball brothers bought the Administration Building and surrounding land. In early 1918, during the Indiana General Assembly's short session, state legislators accepted the gift of the school and land by the Ball brothers. The state granted …
