WHEELING — A Wheeling business is suing a customer for allegedly defaulting on a promissory note executed in 2013.
Chas. M. Sledd Co. filed a lawsuit Feb. 4 in Ohio Circuit Court against D&D Tobacco LLC, doing business as Tobacco Outlet, Tobacco Outlet No. 2 and Tobacco Outlet No. 3, and Danny Thomas, personal guarantor, alleging breach of contract and breach of personal guaranty.
According to the complaint, on Oct. 21, 2013, D&D Tobacco executed a promissory note payable on demand to Chas. M. Sledd Co. in the amount of $155,404.25. The terms specified the note was to be paid in full in weekly installments of $500, with 12 percent annual interest, the suit says. The suit claims D&D has defaulted on the note as of Jan. 8, 2015, and Jan. 15, 2016, when automatic clearinghouse payments were dishonored for insufficient funds. The plaintiff is also seeking recovery of goods allegedly delivered on credit to the defendant in December 2015, which the suit says have not been paid for.
Chas. M. Sledd Co. seeks damages. It is represented by attorney Arthur W. Zamosky of Bernstein Burkley P.C. in Wheeling.
Judge David J. Sims has been assigned to the case.
Ohio Circuit Court case number 16-C-35