Actress Kim Basinger files for bankruptcy after a California judge orders her to pay $7.4 million for refusing to honor a verbal contract to star in the movie Boxing Helena. As a result, Bassinger loses the town that she purchased in 1989, Braselton, Georgia, to her partner in the deal, the pension fund of Chicago-based Ameritech Corp.[?]
... There are 959 housing units at an average density of 83.8/km² (216.9/mi²). The racial makeup of the town is 98.03% White, 0.59% African American, ...