 At this time, the Navy Retirement Home was moved to the former Academy grounds.Later the Navy Home was redesignated as part of the Armed Forces Retirement Home (AFRH).Meanwhile, the Junior Branch (Grades 1-9) remained open through the Summer Session of 1976 when then President and Owner of the Academy, COL Charles M. Holt, closed the school and sold the remaining, property and buildings to William Carey College (Now William Carey University) in Hattiesburg, MS.