A Beaumont company recently obtained a default judgment of more than $58,000 against a Houston company, which allegedly breached its contract because of an unpaid debt.
Doguet's Rice Milling Co. filed suit against Perfected Foods Corp. on June 10 in Jefferson County District Court.
According to a Nov. 16 judgment, Perfected Foods failed to answer the lawsuit, even though it was served.
Judge Kent Walston, 58th District Court, found Perfected Foods failed to honor a promissory note, awarding Doguet’s $58,652.60 in damages, which will incur interest at a rate of 6 percent until paid.
According to the complaint, a promissory note between Perfected Foods and Doguet's, dated March 11, 2014, was signed by Perfected Foods' President David Ehrhardt. The original principal amount, as stated in the note, was $59,959.91, borrowed at an annual interest rate of 6 percent.
Ehrhardt further promises that Perfected Foods will pay $1,000 per month beginning April 1, 2014, until the principal and interest have been paid in full; if possible, the note says, the borrower will make all efforts to pay $5,000 a month. The note adds that if the borrower defaults on the payment, the lender may declare the unpaid principal balance and earned interest due immediately.
"To date, the defendant has failed to honor the terms and conditions of the promissory note," according to the lawsuit.
Plaintiff's attorney is Chris M. Portner of Portner, Bond, PLLC, of Beaumont.
Jefferson County District Court case number A-197229.