In June 2013, the college sold its properties adjacent to the TCU campus and moved into leased facilities in the former Our Lady of Victory Academy, a five-story structure built in 1909 and on the National Register of Historic Places. After the move, chancellor and board member Taylor Marshall resigned, later saying that the real estate deal had "financially crippled" the college. College president Michael King defended the property sale in a public statement. Marshall also charged that some Traditionalist speakers at college events had publicly denounced the Second Vatican Council and the reformed rite of Mass supported by Popes since 1970. After a meeting between the college president and newly appointed Fort Worth bishop Michael Olson, the bishop withdrew permission for any celebrations of the Tridentine Mass on the college campus.