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IN RE MISSIONARY BAPTIST FOUNDATION OF AMERICA

Bankruptcy No. 580-00084, Adv. No. 581-0100.

24 B.R. 973 (1982)

In re MISSIONARY BAPTIST FOUNDATION OF AMERICA, INC., (parent Corporation) and the following of its wholly-owned subsidiaries: Management Services Consultants Associates, Inc., Associated Memorial Homes of West Texas, Inc., Associated Memorial Homes of Central Texas, Inc., Associated Memorial Homes of Lubbock, Inc., Texas Homemaker Service, Inc., Associated Memorial Homes of the Greenbelt, Inc., and Missionary Baptist Foundation of America Housing, Inc., Debtors. Robert B. WILSON, Trustee, Plaintiff, v. UPREACH MINISTRIES and E. Harold Henderson, Defendants.

United States Bankruptcy Court, N.D. Texas, Lubbock Division.

November 9, 1982.

Attorney(s) appearing for the Case

Richard Hubbert, Sims, Kidd, Hubbert & Wilson, Lubbock, Tex., for Robert B. Wilson, Trustee.

James V. Hoeffner, Walters & Associates, Lubbock, Tex., for Upreach Ministries and E. Harold Henderson.

MEMORANDUM AND ORDER

BILL H. BRISTER, Bankruptcy Judge.

At all times relevant to this memorandum E. Harold Henderson was a member of the Board of Trustees of the nonprofit corporation, Missionary Baptist Foundation of America, Inc. ("MBFA"). For approximately three years immediately preceding the filing of a bankruptcy petition by MBFA, on October 15, 1980, Upreach Ministries, Inc., a nonprofit corporation which E. Harold Henderson had caused to be formed...

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