Home / Featured / HENRY COUNTY COMMISSIONERS FILE SUITS TO COLLECT $$

HENRY COUNTY COMMISSIONERS FILE SUITS TO COLLECT $$

The Henry County Com­mis­sion­ers have filed a civil claim against Ruralogic, Inc with offices also in Bryan, Napoleon and Arch­bold for non-payment of a loan.

Accord­ing to the suit, the com­mis­sion­ers approved a $200,000 loan to the com­pany in March 2011. Ruralogic’s last pay­ment was made last Sep­tem­ber.

The com­mis­sion­ers also filed a claim against Horse Power Sales.Net, Inc., of Napoleon in the amount of $50,000 plus inter­est.

A loan was approved in August of 2009.

The Bryan Times reports that in Sep­tem­ber, a new note was cre­ated and Horse Power Sales.Net owner Doug Pelmear would have six months to repay the loan.

Pelmear report­edly has not made any payments.

About Admin

Check Also

Deadly Bike Crash In DKC

A man dies in a motorcycle crash in DeKalb County. Trent Smith was westbound on …