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HomeMy WebLinkAbout97-01126 .~ ... tJ o c., ~ ~ ~ ~ ~, t:: u ~ " <t ~ \ ~ / .;r ~ ; ; r ~ I I I :-. ! . i .':l , .. i '-' ...) ~ ~ CAPITAL INVESTMENT AGREEMENT It is lIIIdentood aad ... thai Riobard Bamcct bu proyided to RRlC ,40000iItCl capital ia tho 8IIIOUat or I/:Ju Dill Dl) to be lIIed ia tho pun:buo of ICIeW ......w- t~ 1hiI c:apitaI be UI8d to lICqUQ aid tooIIna for rework 10 thai it may be resold. The tolI1 priacipIIlbaII be peid beck iD 90 dayI 01' lea to RlcIwd Bamcct. The "-'""De of tho moaey (profit &om tho resale) IbaII be paid by Mu~"1_~ ",..~. AD """" &om thia tr"Il~1bovo aad beyond tho 1":'_:lpt!,1baD be IIIIdc out to Sharoo ~ (SSNtllCS9-66-87J4) u well u ID)' 1099 for tho capital piIIIlCCIUCld. I certlfY tbIt the tenDI oftbia 1IR"'''leolln true IIId COI'.~ IIId I liRe to libido by theso tn. by my .....n below lIIItiI tho Ip'eeolldl baa been ...l-&ed. D .. ( ..:::;. ;.. (.....IUUC A.I 'nl,.): ..6 ~ .J?/. .M-. , DATE: ~-/II_ f't:, DATE: I_nr .... . .......: ~ " GOI.llIIERG, KAT'DIAN "SIIIPMAN, P.C. 1,1'1 Cooper. e.qui.. .1.0. '07198 A1tomcy. (or lk(cndaru 320 Markel Street P. 0, Bu' 1268 !I,m.hur" PA 17108.1268 (717) 234.4161 RICHARD D. BARNETI, Plaintiff IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA v, CIVIL ACTION - LAW RRIC ASSOCIATES, INC., Defendant NO. 97~126 NOTICE TO PLEAD TO: RICHARD D. BARNETI clo Samuel L. Andes, Esquire 525 North 12th Street P,O. Box 168 L.emoyne, PA 17043 You are hereby notified that you have twenty (20) days in which to plead to the enclosed New Matter or Default Judgment may be entered against you. GOLDBERG, KATZMAN & SHIPMAN, P.C, By: ~~~~t;ire J.D. #3\720 320 Market Street P.O. Box 1268 Harrisburg, PAl 7108- I 268 (717) 234-4161 Attorneys for Defendant DATE: q _I, - 'Tl with the Plaintiff as alleged. Moreover, to the extent Daryll Hoon may have purported to act on behalf of the Defendant, Mr. Hoon did not have any actual or apparent authority to so act. Strict proof is demanded that a loan agreement was concluded between Plaintiff and an authorized representative of Defendant in June 1996, or at any other time. To the extent Mr. Hoon may have dealt with Plaintiff, Mr. Hoon did so without the knowledge of the Defendant and he did so solely for his own purposes and not on behalf of the Defendant. It is denied that the Agreement attached as Exhibit "A" was entered into by or on behalf of the Defendant, and proof that said Agreement was entered into by an authorized agent of the Defendant is demanded at trial. 4. Denied. For the reasons stated in paragraph 3 above, which are hereby incorporated by reference, since no agreement was entered into between Plaintiff and Defendant, Plaintiff did not and could not have performed any obligations owing to Defendant as alleged. 5. Admitted in part, and denied in part. It is admitted that the Defendant refuses to pay any sums claimed due by Plaintiff in that no monies are due as claimed. It is denied that Defendant has a duty to pay any monies to Plaintiff for any reason, nor does Defendant have any duty to account to Plaintiff for any claimed profits. 6, Said allegation is a conclusion of law to which no response is required. If a response is required, Defendant has not breached any agreement with the Plaintiff in that no such 2 <D 0 ...... 'n '='=- ',1 .,' .'" f' ;u '",;,g .. I .f,,." [" "'. '0 -, '0 ,., ~~ ji:fJ :-:: , 1_ ...() 1. I ~ -m ~. '.) , ~i .' (;:) C.) -< , behalf of the Defendant. A copy of Plaintiffs Complaint (the "Complaint") is attached hereto as Exhibit "A". 2. Additional Defendant is all adult individual residing at 4502 Hampden Avenue. Camp Hill, Cumberland County, Pennsylvania 17055. 3. The Complaint filed by Plaintiff against Defendant was served upon the Defendant on or about March 7, 1997. 4. On April4. 1997, Defendant filed an Answer to Complaint Including New Maller, a copy of which is attached hereto as Exhibit "8", and incorporated herein by reference, 5. To the extent that Additional Defendant purported to enter into a loan arrangement with the Plaintiff in this action, Additional Defendant did so without any actual or apparent authority to so act on behalf of the Defendant, and did so without the knowledge of any authorized representative of the Defendant. 6. The Defendant did not ratify and is not bound by any arrangement existing between Plaintiff and Additional Defendant. 2 7. Any agreement between Plaintiff and Additional Defendant was entered into by Additional Defendant for his own purposes, and any monies received by Additional Defendant were received by him under circumstances which make him, not the Defendant, obligated to repay the monies due and owing. 8, By reason of the aforesaid, Defendant avers that Plaintifrs damages or loss, if any, was caused in whole or in part by the acts or omissions of Additional Defendant. 9. If Plaintiff establishes that it has suffered loss as alleged in the Complaint, which allegations are either denied or admitted as set forth in Defendant's Answer to Complaint Including New Matter, said damage or loss was caused solely by Additional Defendant's breach of contract and/or misrepresentations, or other acts or omissions for which Additional Defendant is solely liable to Plaintiff. 10. If, as a result of the matters alleged in the Complaint, Defendant is held liable to Plaintiff for all or any part of the damages as Plaintiff may have sustained, Additional Defendant is the party primarily responsible for such damages or loss, and Additional Defendant is liable over to Defendant by way of contribution and/or indemnity for all such damages as Defendant may be required to pay to Plaintiff, plus costs and attorneys' fees, to the extent allowed under Pennsylvania law. 3 COMMONWEALTH OF PENNSYLVANIA ) ) 55,: COUNTY OF CUMBERLAND ) Richard D. Barnett. being duly sworn according to law, deposes and says Ulat the facts set fOlth in the foregoing document are true and correct to the best of his knowledge, information, and belief. I, (. I I, i " .J ", I ,7 '.,' t.,' Richard D, Barnett Sworn to and subscribed before me this ; J (/1/, day of ]iI I 111(( '111,1997. (1\ III ( \ \ I , I " I I (' '.Ii' r ( " Notary PllBlic. .' ",.1 'f I .', , 1 lJ ill'" II. JlU1JU II, II", r r",,~, lorn'T,;11' ('1',11"l. r:'rHI~,,!io"'" (''':''Ullfy "" I ~ r,fII:;'l1*::-::'1I r "1.~1 'It....1 N, l".\J'J ...... ......-....- - .. ~ ; RICHARD D, BARNETT, Plaintiff IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA vs, ) ) ) ) ) ) ) Defendant ) PLAINTIFF'S REPLY TO DEFENDANT'S NEW MATTER CIVIL ACTION . LAW RRIC ASSOCIATES,INC" NO. 97-1126 AND NOW comes the above-named Plaintiff by his attorney Samuel L. Andes, and makes the following Reply to Defendant's New Matter: 7. Denied. As to the alleged authority within the Defendant's internal structure, Plaintiff has no knowledge sufficient to admit or deny the avennents set out in Paragraph 7 and because that infonnation is within the exclusive control of the Defendant, an adverse party, and so Plaintiff denies those avennents and demands proof thereof at trial. Plaintiff admits that he had no direct dealings or discussions with Candice Peck but avers, on the contrary, that he had such discussions and communications with Daryl Hoon, Defendant's authorized agent, or a person which the Defendant placed in the position of apparent authority and with whom Plaintiff reasonably believed he could deal as an authorized agent of Plaintiff. 8. Denied. As to whether Hoon had actual authority to sign on behalf of the Corporation or not, Plaintiff has no direct knowledge because that infonnation is within the exclusive control of the Defendant, an adverse party, and so Plaintiff denies those avennents and demands proof thereof at trial. Plaintiff avers, on the contrary, that Mr. Hoon was cloaked, by Defendant's own conduct, with the appearance of authority to act as an authorized agent of the Defendant and that, as a result, Hoon's actions were legally binding on the Defendant. i '" \~~>:~ n. ....~'.~~.:u 't"U""'U~L:~' . .~. . 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",: .;:; .,"."'."" ,,~..,~..,,_' ;:;;;~(i':;:':" ~ .. -.-'" ~ 1_ __ ~,':~~_'::.":~_-;-. '.. . . ~~....",,':;t:. ' ::. ..,..' '^~,' -" ,~., :: ,. \" ;, :jl~?~[ 'G,l 0J'\ .] .~':'J :;\;~;lVBljj " . .-.-""'"": I B~ I ., I .: 4~':'::" r,,-_ -;:~e>- -"":!_'~'''<-'~, ;'..l\ . , . .':..''': ..l...... J , ,- . . ',:.r:' \--'.. '.:,1;' .0 Ii II ~ -- RICHARD D. BARNETT, Plaintiff IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA vs. CIVIL ACTION - LAW RRIC ASSOCIATES, INC., Defendant NO. 97-1126 SII~LAIIO.N,F..ORuSET.JLEMENI AND NOW come the above-named parties, by their respective attorneys, and stipulate to the settlement of all claims in this case, on the following terms: 1. Defendant shall pay to Plaintiff, the sum of $27,500.00, in six monthly installments. The first five installments shall be in the amount of $5,000.00, shall commence on 1 July 2000 and shall be made on the first day of each consecutive month thereafter. The sixth installment shall be in the amount of $2,500,00 and shall be due on or before 1 December 2000. As long as the installment payments are made when due, they shall not bear interest, All installment payments shall be made to Plaintiff and mailed to him at the following address: Richard D, Barnett 712 Aspen Lane, Suite 101 Lebanon, Pa 17042 2. In the event that any installment due under this Stipulation is not made on the 18th of any month in which it is due, Plaintiff or his attorney shall give notice of such fact to Defendant's attorney. If any payment is not made on the 20th day of the month in which it is due, such evant will be deemed a default by Defendant and Plaintiff will be entitled to the entry of judgment in accordance with Paragraph 3 hereof, 3, In the event of a default as defined in Paragraph 2 above, Plaintiff may enter judgment against Defendant in an amount equal to $30,000.00 less any payments made by Plaintiff pursuant to this Stipulation between the date of this Stipulation and the date of entry of such judgment. Judgment will be entered upon the Praecipe of Plaintiff's attorney ("') 0 ~-:J C .~ I :-:. ~ ., l'Jr;. S " niT:' -;";.,. - ~.. ':11 &1~..' .... ~.. W ;'[ ,., .... -.~ (.J ~l. ::!? " S:c~ "1::) - ;C) '-8 (.)m ;;> .: - .. -, ~ .:.> ~. .:1J UI -;