The rector of [St. Andrew's Anglican Church in Easton, Maryland], Bishop [Joel Marcus] Johnson, attracted like-minded conservatives who disliked Episcopal innovations, such as ordaining female priests. In 2005, the church borrowed $850,000 to buy a much larger space that had once belonged to a Roman Catholic parish.
The 1868 Gothic revival structure was large for Bishop Johnson's congregation of 50 people. But the gregarious Midwesterner, who once raised money for a ballet troupe and orchestra, said he was confident his ministry and donations would grow. "I'm well liked, I'm a lucky man," he says he felt at the time. He wooed real-estate agents, bankers and well-heeled locals -- some of whom didn't even attend the church -- and received pledges worth $200,000.
Some donors said they were impressed with the bishop's generous food pantry and help given to local Hispanics. For a time, Bishop Johnson said Mass in Spanish on Friday nights for workers at a crabmeat processor, and the parish also offered English classes.
"He served a part of this community that often times does not get served well," says Lee Denny, president of the local General Motors dealership. Mr. Denny, an elder in Easton's Presbyterian Church, donated $10,000.
But expenses mounted. There were mice in the basement and bats in the belfry. It cost about $45,000 to stanch creeping black mold. Once the local Catholic parish began saying Mass in Spanish, it drew off most of St. Andrew's immigrant members. Weekly donations dropped to about $600 from $1,425 three years ago, says Bishop Johnson. And many of those who had pledged $200,000 toward the mortgage payments told the bishop they needed to delay their gifts, saying their stock portfolios were down.
Last February, the church couldn't meet its monthly interest payments. The lender, Talbot Bank, a unit of Shore Bancshares Inc., foreclosed in August, seeking $950,000, including principal and unpaid interest. It was one of five properties Talbot foreclosed on in the last two years, but the only church, says W. David Morse, a vice president at the bank.
Hat tip to Kris Elftmann