Moderate-resolution spectroscopy of an unusual late-type faint emission-line star, PC 0025 + 0047, is reported. A very strong (greater than 250 A equivalent width) an H-alpha emission line was detected by the present automated line search algorithm. The spectrum was found to have two unresolved emission lines (H-alpha and H-beta) near zero velocity, superposed on the absorption spectrum of a very red M dwarf which has strong K I, and relatively weak bands of TiO. From the weakness of the subordinate lines of Na I (8192 A) and other spectral features, it is inferred that it is definitely a cooler, and probably fainter, analog of LHS 2924. The strength of the emission lines indicates that PC 0025 + 0447 is very young and may be a fading predecessor brown drawf at an estimated M(bol) approaching 14m at a distance of about 60 pc.