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....$3million after being dogged by years of controversy
By LAURIE WHITWELL
Last updated at 4:19 PM on 23rd September 2011
The blighted U.S. National Slavery Museum, founded by former Virginia governor Doug Wilder and with a board including actor Bill Cosby, has filed for bankruptcy.
According to court documents filed in U.S. Federal Court, the museum which was to be built in Fredericksburg, Virginia, owes nine creditors across the country more than $3million.
In the filing, the museum indicated that after bankruptcy proceedings, no funds would be available to creditors, the Richmond Times-Dispatch reported.
The project now appears rudderless, with no one stepping forward to comment, and the city's treasurer doubts it will even happen.
In July, Fredericksburg ordered Mr Wilder, the first African American to be elected governor of the state, to hand over more than $215,000 after the museum stopped paying taxes on the property more than a year ago.
Fredericksburg's Treasurer Jim Haney said the city gave the museum 30 days to pay the bill under threat of selling the property. It was not met, Mr Haney said, so the city listed the land, 38 acres along the Rappahannock River, for sale in August.
Read more: http://www.dailymail.co.uk/news/article-2041058/National-Slavery-Museum-Virginia-files-bankruptcy-debts-3m.html#ixzz1Yp5djjlK
By LAURIE WHITWELL
Last updated at 4:19 PM on 23rd September 2011
The blighted U.S. National Slavery Museum, founded by former Virginia governor Doug Wilder and with a board including actor Bill Cosby, has filed for bankruptcy.
According to court documents filed in U.S. Federal Court, the museum which was to be built in Fredericksburg, Virginia, owes nine creditors across the country more than $3million.
In the filing, the museum indicated that after bankruptcy proceedings, no funds would be available to creditors, the Richmond Times-Dispatch reported.
The project now appears rudderless, with no one stepping forward to comment, and the city's treasurer doubts it will even happen.
In July, Fredericksburg ordered Mr Wilder, the first African American to be elected governor of the state, to hand over more than $215,000 after the museum stopped paying taxes on the property more than a year ago.
Fredericksburg's Treasurer Jim Haney said the city gave the museum 30 days to pay the bill under threat of selling the property. It was not met, Mr Haney said, so the city listed the land, 38 acres along the Rappahannock River, for sale in August.
Read more: http://www.dailymail.co.uk/news/article-2041058/National-Slavery-Museum-Virginia-files-bankruptcy-debts-3m.html#ixzz1Yp5djjlK