Cuyahoga Falls — The site of a restaurant run by the church of televangelist Ernest Angley is headed for sheriff’s auction.
A Summit County sheriff’s foreclosure sale is planned in June for the property on which the Cathedral Buffet was located. The religious broadcasting network that owns the site defaulted on a $3.6 million loan it received from a Ravenna company, according to court records.
The sale of the land at 2690 State Road in Cuyahoga Falls — which was the site of the restaurant — is scheduled for June 7, according to the sheriff office’s website. The land is owned by Winston Broadcasting Network Inc.
Cathedral Buffet is adjacent to Ernest Angley Ministries and Grace Cathedral Inc. Angley is pastor of Grace Cathedral and was president of Cathedral Buffet before it closed in April 2017.
The Rev. Rex Humbard opened the restaurant in August 1971 adjacent to the former Cathedral of Tomorrow. In 1994, Angley’s ministry purchased it and rededicated it as Grace Cathedral.
The property has an appraised value of $4.3 million, according to the Summit County Fiscal Office.
Beck Energy Corp. in November 2017 filed a complaint in Summit County Common Pleas Court against Grace Cathedral Inc. and the church’s television station, Winston Broadcasting Network (WBN), claiming the church and the station “failed to make payments on the principal balance of a [$3.6 million] loan” that Beck made to WBN, the court document stated.
Beck sought a $3.6 million judgment against Grace Cathedral and WBN, and sought to foreclose on the property, sell the land and use the proceeds to repay the loan. In January 2018, a third defendant, Ronald C. Midcap, was added to the complaint. According to court documents, Midcap confirmed in a deposition that he is vice president of WBNX and a director of Grace Cathedral. WBNX was a local television station operated by WBN.
To see more documents/articles regarding this group/organization/subject click here.