MBM12: A Younger Version of the TW Hydrae Association?

We present optical and infrared photometry of stars near the MBM 12 dark cloud. The optical data indicate that there are about 40 candidate pre-main sequence stars in the same area currently occupied by eight bona-fide PMS stars. Analysis of 2MASS data suggests that 60% of PMS candidates have been detected. Some of these show evidence of optically thick disks. Our study of the 2MASS data also reveals a large enhancement of sources within the MBM 12 cloud, indicating that it is still actively forming stars.