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Old 07-19-2002, 06:08 PM
lifesaver lifesaver is offline
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Join Date: Jun 2000
Location: Ya man's a headache, I'll be ya aspirin
Posts: 5,300
Quote:
Originally posted by LXAAlum


Uh, my chapter was closed in 1989 - main reason was a large outstanding debt that we had no hope of repaying - so yes, it does happen....

Still coming to Denver for GA?
Oops, so I guess it does happen.... Just with the chapters I have seen down this way, it seems they try to keep them open to get the cash. Alpha Mu had 12 brother and 40K in debt and they had no other reason to keep them open. As soon as the debt was retired, they were closed for 9 months then, rechartered. Lambda Phi@ SWT owed 17K and IHQ kept them open to pay it off and they were struggeling at the time. It just seemd that it was about the cash.

I was planning on GA..but will not be able to go... Theres no way I could leave work for a week. We'd get too far behind. Hell, I have been withthe firm 4 months and am taking my first day off (Sick or leave) on wednersday and they are stressing...so I cant see telling them, yeppers, I'll be gone a week. Theyd shit.
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