No Tom that is incorrect.
The chapter house of Gamma Zeta is still in possession of LCAP, not HQ. Check it out at
www.hampshiredeeds.com.
Also, the chapter was NOT closed. There was no disciplinary action taken, there was nothing from HQ, we never had our charter pulled. What happened was that due to several factors in regards to the chapter house (which I've already talked about in length), everyone but 2 brothers decided to move out of it.
The rent was astronomical, the conditions horrible, lack of assistance from the landlord, thefts and stolen property and so on. That is why we moved out.
We could have continued to operate as a fraternity if we wanted to without the house, or rented another house. But it was determined by the chapter that we would cease operation.
Maybe I can clarify the "caretaker" aspect as I view it. I don't view it as being a caretaker of the property for the CHAPTER (the current LXA's at the university) and the chapter's interests, but as a caretaker for the property representing the FRATERNAL and LCAP interests.
I think that the caretaker role that is currently portrayed is one of looking 10 and 20 years down the road and not of the current chapter. I'm not saying its bad or good. We've closed down a lot of smaller chapters. Why? We are in a rebuilding phase. The smaller chapters are sacrificed in hopes of focusing on the larger.
So, it is possible that LCAP may not have the interests of the chapter at heart if it conflicts with the general fraternity.
And Tom, I think you may be confused, the GHZ officially closed the chapter after we moved out and disbanded.