A.
Willi
VOL. XI NO. 28 U.S.P S. No. 0
Small Busines
his agency ma
SBA loan office)
By ROBIN ADAMS * Chronicle
Assistant Editor
? .
The Small Business Administration may
begin foreclosure proceedings against blackowned
radio station WAAA-AM, a
Charlotte SBA official told the Chronicle
last week.
But WAAA owner and general manager
Mutter Evans says she knows nothing of an
impending foreclosure and that she expects
the station to have a good yearL
According to Bobby Faile, an SBA loan
specialist, a defaulted loan may force the
SBA to begin foreclosure proceedings
against WAAA, though he couldn't say exactly
when those proceedings might begin.
Evans said she is unaware of such a
development.
"I don't know anything about a
foreclosure," Evans told the Chronicle.
"There have been some lapses ... and different
periods where there have been some
cash flow problems. But foreclosure is news
"SSS^SXSSSSi^uu frt.
day that a $200,000 loan made to Media
Broadcasting, with Mutter Evans as the
granju>r, by Forsyth Bank and Trust ^Co.,
now Southern National Bank, was cashed in
to the SBA. At the time the original loan was
made, the SBA agreed to co-sign for 90 percent
of the loan in case of a default, he said.
When the loan went into default, Faile said,
Southern National Bank cashed in the loan
Graves may join C
Am A w ^
at Ala. A&M Un
By ROBIN ADAMS is now pn
Chronicle Assistant Editor Althou
. Chronicle
After less than a year as assis- .. .
, . . up nis mi
tant corporation counsel for the oosition
City of New Haven, Conn., Clif- s^me jim
ton E. Graves Jr. may be follow- .. ^
ing his old chancellor.
6 new positi
Graves has been offered and is "Somel
considering accepting a position me that,"
as director of university relations ed about
at Alabama A&M University in "That's n
Normal, Ala. A&M is the school they are it
where Dr. H. Douglas Cov- tion.M
ington, former chancellor at Graves
Winston-Salem State University, plgg
The SAT deba
Critics say propoi
By ROBIN ADAMS
Chronicle Assistant Editor
If a bill before the General Assembly had pa
75 percent of the freshmen admitted to Winstoi
that vear would have been turned down.
Freshman Forsyth County House Rep. Franl
along with six-term House member Rep. Howa
have co-sponsored a bill that would require a m
the Scholastic Aptitude Test to enter any of the
North Carolina.
The passage of such a bill could mean
predominantly-black state-supported institutioi
"If the Rhodes bill passes/' says Dr. Haywo<
WSSUV #*ft couftTcon tr ibutcto art danflgg of he
the University of North Carolina system, n
ones." .
Said Hayden B. Ren wick, an associate da
North Carolina at Chapel Hill who has worked
admissions and retention: "This will close tl
schools in the state. Black people better look i
According to data taken from the "Statist!
^
s ton-Si
The Twin
67910 Winston-Sale
c Adminicitraiu
k-t jl m^AilllAlUU I4IH
y foreclose on1
r says local station ha
and the SB A now holds the note.
Faile would not give any further details
about the loan.
Evans paid $1,040,000 for the blackoriented,
sunriseto
a loan from
tional, she also
a
When con- Evans: "There have
tacted by the been some lapses ...
Chronicle, a and different periods
receptionist i#|he Where there have
bank s loan ^en some cash flow
" foreclosure Is news"*
cLt's financial t0 "f;,"'8 not at that
records to a third P?*n*'
party unless requested
in writing by the client.
While the loan was in liquidation status,
Faile said, the SB A attempted to find a
buyer.
"We hoped to get someone to buy it
esident.
gh Graves told the
that he has not made
nd about accepting the Bfeju
an article in the Huntes
on Friday, March 1, y
Graves will assume the v
on April 1. I ,
x>dy called me and told / <
said Graves, when askthe
newspaper article. WL^^r^'
tews to me. Obviously,
loving without my posi /
4<
said he is scheduled to *
ise see page A5 Clifton Grave
ite
ml for 700minimum so
Education, 1983-84," 1
North Carolina system
. . . the SAT. The rate of s
ssed in 1983, more than , . . , .
o i o* / *t schools triples the overs
i-Salem State Un.vers.ty ^ ^ predomjnantIy b|
. _> ... ranges from 75.4 percei
tHR^deS.'a^P"bhfCa"' stations, to 56.3 perc
rdChapin, D-Beaufort, None b,ack ^
unimum score of 700 on . ,
,, ... . . . . make above 700.
16 public universities in Bu{ Rhodes and cha
, the end of the five prove the quali,y of his
ns, say critics of the bill. "This is not directed
ad Wilson, chancellor at was hoping that it wou!
HJUf lUCUillfmlltohl iBMIlft."
ot excluding the white Rhodes said he realiz<
be closed, but the closi
in at the University of education.
in minority recruitment, "It will eliminate a I
le predominantly black Rhodes. "The average :
it his thing seriously.** has a large percentage c
leal Abstract of Higher a minority ? can attai
a/em G
City \s A ward- Winning Weekly
m, N C Thursday. March 7
4
)n official says
W AAA radio
s defaulted on loan
(radio station) as a package deal," said
Faile. 44But nobody was interested. The next
step is to post notice and proceed with
foreclosure."
The only way to stop the impending
foreclosure, said Faile, would be for Evans
to find a buyer for the station or pay off the
debt. If a new buyer is found, that individual
would first have to be approved by the SBA,
he said.
"it's true that, like most businesses, there
have been some strains on cash flow," said
Evans. "But some steps have been made to
correct that. The worst part is over.
"We expect '85 to be a good year," she
said. "Any changes ... will be changes for
improvement."
Evans would not elaborate on what kinds
of steps have been taken to correct the station's
financial woes. When asked if she
characterized the station's problems as extreme
or routine for small, minority-owned
businesses, Evans said that the economy,
dqwn adyertiljflg periods t&d interest rates
1 'WnfnDmecr to the present financial
situation.
Evans, a native of Williamston, purchased
the station from Bob Brown, who owns
several other stations. In a telephone interview
from his office at WORD in Spartanburg,
S.C., Brown said that, since selling
WAAA five years ago, he has had no further
dealings with the station.
"I got out of WAAA," said Brown.
IH Human relath
H By DAVID R. RANKIN
III Chronicle Staff Writer
Former Gov. Terry Sanford, who i:
laying the groundwork for the state
tions Commission in 1963, praised t
progress made in America over the pa
v during last Tuesday night's Human F
w quet. But Sanford also reminded his
work remains to be done and challei
public school students among his lisli
the job.
Sanford was the keynote speaker a
jfljft which was held in the M.C. Bento
Center and honored local students at
v their contributions to human relation
Salem and Forsyth County.
The theme of this year's banquet
Relations Leaders of Tomorrow: Ou:
>s 58 students and three local citizens w<
f
ore coma ctose preaomi
9 percent of all freshmen in the University of S
during that academic year made below 700 on h
ub-700 scores at the five predominantly black
ill rate in some cases. The number of freshmen
lack schools who made below 700 on the SAT B
[it at WSSU, the lowest of all of the public inent
at North Carolina A&T State University,
ols had more than 50 percent of their students s
s
pin insist that the requirement would only im- e
[her education in the state. ^
at black, white, yellow or red," said Rhodes. "I
Id motivate the powers that be to do something a
c
js that, if the bill is made law, some schools may c
ngs, he insists, would be in the best interest of
js
lot of them (black colleges), I'm afraid," said
SAT score at Pembroke State University (which
>f Indian students) is 792. If they - and they are v
n that, why can't ihe other minority schools?
alto tvQAc
?
I .M
urumcie
, 1985 35 cents 26 Pages This Week
BP' - 9
iilBHiB
EgHE. HpH^H
J M
Ht;'
ll. ' -'' ^t0"
11*
Heartbroken
Her team came oh so close to a CIAA basketball title last
weekend, but as her expression shows, this Norfolk State
cheerleader had little to celebrate once the buzzer sounded.
Story on B1 (photo by James Parker).
ons awards go to sixty-one
receive awards for their service to the community.
David Logan, chairman of the city's Human
s credited with Relations Commission, said this year's awards banHuman
Rela- quet was special because the General Assembly of
he civil rights the United Nations has proclaimed 1985 Internast
two decades tional Youth Year. Mayor Wayne Corpening also
lelations Ban- had proclaimed February as Human Relations
aiiHipnrp that ; * c-i-?
.......iiiui lTIVSIlt.ll III IIISlUII-OCllCIIl.
[lged the local During his speech, Sanford told the youngsters in
sners to finish the audience to ask their parents about the progress
that has been made in the last 20 years against racial
t the banquet, segregation.
n Convention "I issue a challenge to the future leaders of
id citizens for human and civil rights," Sanford said. "We have
is in Winston- not yet finished the job at home."
"Young people today - with our help ? will not
was "Human grow up in a prejudiced society," Sanford said,
r Youth" and Sanford also said he would like to see Winstonire
on hand to Please see page A14
inantlv hlack cnlleapx
^ - - ?o?'
tomething is wrong somewhere if they can't do the same. You got to
lave some criteria.''
Motivated by Washburn Case
The Rhodes-Chapin bill comes on the heels of the recent publicity
urrounding a North Carolina State basketball player. Court records
how that Chris Washburn, a black Wolfpack basketball player chargd
and convicted of stealing a fellow athlete's stereo, scored only 470 on
tie SAT, 70 points above the lowest SAT score possible.
Chapin said he was not motivated by the Washburn incident, but
tn aiA rw \l/:n: r_:J J
v??. iv uiu . TTuiiain rnaay, presiaeni 01 ine university oi North
Carolina lyitcau Iu an addien to the Iimisr'% highar ednaaiiott ?
ommittee, said Chapin, Friday said he supported the 700 cutoff.
"I was trying to help Dr. Friday and help the university system in
Jorth Carolina by introducing the legislation," said Chapin.
Shortly after Friday's position was announced, Raymond Dawson,
ice president of academic affairs for the UNC system, said in an article
Please see page A12