June 14, 2011 there was a hearing Attornry Jame P. Burnett in court for Plaintiff State Bank of Chilton. Defendant Harambee Community School Inc. not in court. Defendant Harambee School Development Corporation Inc. not on court. Defendant Lenora Davis not in court. Defendant Marreese Allen-Harris not in court. Plaintiff's motion for Default Judgment of Foreclosure heard. Court GRANTS MOTION. No REDEMPTION PERIOD. IMMEDIATE POSSESSION. Filed, signed ORDER FOR REPLEVIN.
The Black African American parents the owners of Harambee Community School Inc. since 1969 paid off their mortgage $10,000 in 1992 selling $1 Raffle Tickets for I was there when we did it. I was voted off the school board in 2002 and removed as a director. At that time we had property and assets of $8 million and $2.7 million in cash after paying for our expansion project. We also had $750, 000 cash toward our goal of $1.2 million for Harambee School Endowment.
June 20, 2011 the court issues a judgment in favor of Plaintiff State Bank of Chilton for immediate possession of property located at 110 W. Burleigh Street Milwaukee:
All equipment, fixtures, inventory, documents, general intangibles, accounts, deposit accounts (unless a security interest would render a non taxable account table) contract rights, chattel paper, patents, trademarks and copyrights (and the good will associated with any registrations and licenses of any of them), instruments, letter of credit rights and investment property now owned or hereafter acquired by Debtor Harambee Community School.
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