ALEXANDRIA – A financial institution alleges it is owed for two sales agreements from a company and two individuals from Clayton.
Wells Fargo Financial Leasing Inc. filed a complaint on Oct. 20 in the U.S. District Court for the Western District of Louisiana, Alexandria Division against McIntosh Agriculture LLC, Glaston J. McIntosh Jr. and Patrick M. McIntosh alleging that they failed to perform its obligation under the agreement.
According to the complaint, the plaintiff alleges that as the successor-in-interest to Progressive Tractor and owner and holder of two installment sales contract and security agreements, it has sustained financial losses for not collecting defendants' unpaid loans. The plaintiff holds McIntosh Agriculture LLC, Glaston J. McIntosh Jr. and Patrick M. McIntosh responsible because the defendants allegedly failed to make any installment payments that were due under any agreement.
The plaintiff requests a trial by jury and seeks judgment against defendants for their unpaid loans plus accrued interest, attorneys’ fees, costs and expenses for these proceedings and for such other and further relief as is just and equitable. It is represented by Richard A. Aguilar and Mark J. Chaney III of McGlinchey Stafford PLLC in New Orleans.
U.S. District Court for the Western District of Louisiana, Alexandria Division Case number 1:16-cv-01471