132 Years Later Morris Brown College

by C. Henry Adams :

On a cold, wet and dreary afternoon, Saturday, December 14th 2013, I walked into a well lit, warm gym to the sounds of a "LIVE" Gospel Band  - also consisting of a choir of twenty-five or more singers.

It was not a concert that I observed, instead it was the Praise Team warming up the audience before the " Day of Praise & Thanksgiving Celebration " began.

It appears that when African Methodist Episcopalians have great news to share, they spare no expense to thank and praise God before revealing it.

In short, the service started with praise, comments, prayers, introduction of the main speaker, then the introduction of the main speaker's attorney who represented Morris Brown College to which he the Attorney reveals the great news regarding the college situation.

I can hear someone saying, " What's your point C. Henry? "

My Reply :
Well, you heard my story, here is my point within the story.   Morris Brown College ("MBC") started off 16 months ago with major threats of foreclosure and $34 Million Dollars in debt.

MBC filed for bankruptcy, reduced their debt from $34 Million Dollars of debt to $7.5 Million Dollars of debt.

Whereas, the AME Church is the only creditor ( $7.5 Million Dollars ) that MBC owes now.  Incidentally, the AME Church is the parent organization of MBC.

Furthermore, MBC has created a collaboration with WH Solis and Pope for a Land Development Plan to say the very least.  This plan requires MBC to sell certain properties.

Furthermore, MBC plans to support and educate US Veterans, they have setup a Student Internship Program and entered into creating a curriculum based on Science, Technology, Engineering and Mathematics (STEM).

This is a brief synopsis of the MBC Plan exiting Bankruptcy.

Hopefully, the US Federal Bankruptcy Court will approve their plan.  If so,  MBC will then move to regain accreditation in 12 to 18 months, while paying back the AME Church $6.4 Million Dollars of debt.

So, what do you think?








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