THURSDAY, AUGUST 15, NAACP GOLF TOURNY THIS WEEK AT WINSTON LAKE 32 PAGES THIS WEEK forecloses on ABC store in Center vt By SHERIDAN HILL t Chronide Staff Writer ? ^ . ; v * ?' ; ? ' -* New Walkertown Shopping ; - Center has had its share of prob . ; ?lems. For the past three years, feast Winston Community Devel ? opment Corporation (CDC) has : ? tried to develop the shopping cen ter, and only recently was able to secure the first major tenant, Lowe's Foods. ? . : ?. ? And now Southern National * Bank is foreclosing on Phase I of the project. According to sources close to the project, it seems that Turner Development Corporation (owned by developer Herman Turner) has defaulted on the $500,000 loan it received to devel op the initial phase of the shop ping center. Phase I involved con structing the A3C (Alcoholic Bev erage Control) store, building con Neither Grace (left) nor Turner - (right) would comment on the issue. nector roads, turn lanes and land scaping. Turner's loan came due early in June. The bank filed notice of foreclosure on August 1f and a hearing on the foreclosure is scheduled to be held September 3 in Superior Court. Named in the foreclosure notice as borrower and landlord are Turner Develop ment Services of Durham and legal representative Winston Salem Attorney Michael A. Grace. Both Herman Turner of Turner Development in Durham and Michael Grace have refused com ment. James Grace, CDC execu tive director and brother of Michael Grace, declined to pub licly address or clarify the situa tion. k Allen Joines, development director for the city, said emphati . Please see page A3 ON THE AVANT-GARDE By "TANG NIVRI ?ten. Is it doing to be another one 61 thdiJone night stands or are we ready to get married? Where do we go from here? iff; -if J# MiMi host to the Festival impacts ? on local economy By SHERIDAN HILL Cftfgwgfe Staff Writer Performances were sold out. Throngs of happy visitors filled downtown restaurants. Three of the city's largest hotels were 95% filled during an otherwise obscure week in August which is tradition ally slow. Area merchants gerrcf**"~ ally agreed that no other event brings more out-of-town visitors to Winston-Salem. - ? ~ The National Black Theatre Festival brought 42 workshops and performances Monday through Saturday last week. More than half of the shows were sold Please see page A9 Photo by Mike Cunningham National Black Theatre Festival brings mors out-of-town visitors to town than any othsr arts event. UNC's Spangler supporting WSSU's Thompson By YVETTE N. FREEMAN Chronide Staff Writer Winston-Salem State University's Chancellor, Cleon Thompson Jr. has the support of the president of the UNC system, who announced late last week that Thompson should remain as the university's top official despite a federal investigation into allegations of misuse of federal money. Thompson is accused of using nearly $5,000 in federal money to pay for rent and utilities for universi ty football players. But, ever since the state auditor's report discovered the alldge^d discrepancy several months ago, Thompson has denied any wrongdoing, saying that he earned the money from consulting work, and it was a former employee, and not he, who Although there has been speculation over whether Thompson would be asked to resign from his position at the university, C.D. Spangler, presi dent of the university system, gave his full support to Thompson at a closed session with the UNC board of governors last Friday. *1 appreciate the fact that there are conflicting thoughts about what happened and conflicting reports. But it is my feeling that what is best for Win ston-Salem State is for Chancellor Thompson to con tinue his role there and for me to provide what sup port I can from this office,' " said Spangler. In providing support to Thompson and Winston Salem State, Spangler said that he plans to send Gerald McCants t