The 1580 Columbia story has been told several times on this site. WCOY, as many know, was a slightly sucessful smaller market station back in its early days. New management brought a change in format and calls to WHEX in the late 60's I believe. Fast forward to 1984 and the station had been off the air for some 5 or 6 years (possibly a little more), when an administrative law judge awarded the (silent) license to a company under the name of the Columbia Broadcasting Corporation (CBC). This consisted of three investors, none of whom had any broadcast experience, with the exception of the father of one of the three, who was a broadcast lawyer based in the DC area. The group that lost in the ruling had in storage at a York moving company, almost all of the equipment, purchased in the mid 70's from the sheriff's sale of the then bankrupt station. Almost all, except the transmitter was included in this package, which CBC brought, since most of their money was spent on obtaining the license. I was brought in to bring the station back to life, not knowing what I was really getting into. We purchased a used transmitter from someone in Allentown, but when it was delivered, I opened the rear door and found bark (as in bark on a tree) inside. This was not a good sign I said. We ended up purchasing a brand new Harris transmitter and signed on with the Satellite Music Network's adult contemporary format as one of if not the first affiliate in Pennsylvania. The WHEX calls were retained, dispite my opposition. After a year, CBC tired of pumping additional money into the facility and put it up for sale. Ted Byrne, a banker working in New England at the time, always wanted to own a radio station. He was originally from the Phila. area I believe and listened to KYW growing up. Ted purchased WHEX, changed the calls to WNZT, kept me on as manager and we went to a news-talk format, hiring two live hosts, a news director and fulltime traffic manager. I quit after four months. Hadley Media (named after Ted's late dog Hadley whom he dearly loved) never made much money given the constant signal problems with 1580 but did continue to get a lot of free press in the Lancaster Newspapers. The station was finally locked by the IRS for non-payment of taxes and was by now of course off the air. A few years later, an Hispanic minister who was an electrician by trade bought the license from the Susquehanna Association for the Blind and Vision Impaired who owned it at the time and operated 1580 as a reading service.
Whoever owned 1580 always had to contend with renting the land where the transmitter and tower sat in Washington Boro. When the latest owner (the Hispanic minister) apparently failed to make monthly payments, his land lease was revoked and the station had no place to broadcast from. The land was sold, tower taken down and a beautiful home now sits on what was dubbed by Ted Byrne as "broadcast mountain". To my knowledge, as posted previously on this site, the license was sold to a brokerage firm who also purchased WWII in Shiremanstown. I believe the broker kept WWII but was atttempting to find a buyer for 1580. At this point, I don't where the story heads, but you are probably right that in another 6 months the license could go away for inactivity as far as the FCC is concerned.
Bottom line, 1580 had an extremely colorful history. If anyone has an update about the situation, I am sure all would like to hear it.