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$32 Million Loan Brings MLK Papers to Morehouse

ATLANTA

A coalition of civic, business and academic leaders are reportedly paying $32 million to bring a collection of Dr. Martin Luther King Jr’s writings back to Atlanta and Morehouse College. The papers were scheduled to be auctioned for $15 million to $30 million at Sotheby’s on June 30.

Dr. Walter E. Massey, president of Morehouse College, says the historically Black college is where the papers should be. King, a 1948 graduate of the college, entered Morehouse as an early admission student at the age of 15.

 “Given the important role Morehouse played in Dr. King’s intellectual, spiritual and moral development, we believe there simply is no better place for these papers to reside,” Massey says. “We are grateful to the King family for their confidence in Morehouse to serve as the repository for this legacy, which reflects the best thinking of our nation’s most outstanding leader, and of Morehouse College’s most outstanding alumnus.”

Massey also thanked the coalition of Atlantans — led by Mayor Shirley Franklin —  without whom the university’s acquisition of the papers would not have been possible. The Atlanta Journal Constitution reported that a loan for $32 million is being used to purchase the papers. The loan will be repaid with donations from individuals, businesses and local institutions. 

“Mayor Franklin’s leadership, and the efforts and contributions of dozens of individuals and corporations, reflect the spirit of this great city, where we believe, and where we act on the belief, that anything is possible,” Massey says.

Morehouse officials say the college is committed to ensuring that the collection is available to scholars and researchers and others who are interested in King’s evolution as a man and as a leader.

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