From the 1916-1917 edition of the Negro Year Book, page 21:

Southern Baptists Pledge Fifty Thousand Dollars for Theological School for Negroes

In its annual report for 1915, the Southern Baptist Convention concerning its work among Negroes, says: 'We continue our cooperation with the Home Mission Board of the National Baptist Convention, some lingering New Era work and special institute and teachers' work. In this latter work we are gratified specially with the solid good being accomplished in the teaching of our colored preachers. This we consider the great foundation work that must be done if we would build the superstructure wisely.' During the year the convention in its work among Negroes employed thirty-nine workers who held six hundred and nineteen Bible conferences. The convention at its annual meeting in Houston, Texas, voted to establish a Negro Baptist Theological Seminary at Memphis, Tennessee. For this purpose the convention pledged $50,000.

I think this eventually became American Baptist Theological Seminary in Nashville (now American Baptist College). So here's the paper idea: how did the Seminary end up in Nashville and not Memphis?