I'm probably being too picky, but here goes anyways:
* One can't "close" a charter. It's a piece of paper. It can be revoked, stolen, even burned, or torn in half, but not closed. The chapter can be closed, which is one and the same with the charter being revoked/forfeited.
* Fraternity is a proper noun, and should be capitalized.
* Calling your Fraternity a "frat" is the same as calling your Country a "cunt."
* Drugs are bad, mmkay?