Looks like in Atlanta homes families do not always see eye-t0-eye, especially when it comes to money and settling the affairs of an an estate.
The children of Atlanta’s own Martin Luther King, Jr are entering into a court battle. Dexter King has asked a judge to force Bernice King to turn over their mother’s personal papers, including love letters central to a now-defunct $1.4 million book deal.
Martin Luther King, III and Bernice King complained that their brother Dexter King was derelict in not holding a shareholders meeting, which they said was another example of his lack of openness in handling their father’s Atlanta Homes estate.
There had been no shareholders’ meeting of the corporation since 2004, something that Dexter King blamed on the distraction caused by the deaths of his mother and sister. Judge Ural D. Glanville ordered a meeting, which was held sometime last week in the Atlanta homes of the siblings..
There was a September court hearing, Judge Glanville, who will preside over the trial in Fulton County Superior Court, also expressed some concern about Dexter’s management of Dr. King’s estate.
The Atlanta judge issued an order saying “the court is extremely troubled” in regards to what he was seeing in the initial filing by the siblings.
Dexter is the majority shareholder, and carries significant power in the corporation because he holds 80 percent of all its shares. The judge warned all three of the siblings that any failure to comply with the Georgia Corporation Code could result in the dissolution of the corporation and that would cause some serious problems in Atlanta for the King siblings. More Atlanta homes news in each of the weekly blog posts.
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