JOHNSTOWN — A Johnstown specialty foods company is a defendant in lawsuits concerning the purchase of cattle and bison meat and default of a $1 million loan.
Pioneer Specialty Foods LLC, owned by Clair and Cathy Hull, is being sued by two ranchers in South Dakota; a Sidney, Neb., company involved in the sale and delivery of meats; and the First National Bank of Johnstown, which, according to information filed with the Weld County District Court, has not received any payments on a $1 million loan it gave Pioneer in January 2007. In all, the company is in arrears of about $1.5 million.
Clair Hull, who is seeking re-election to a second term on the Johnstown Town Board, said he is trying “to get things worked out” involving the lawsuits and added, “There are some unfortunate things involved here that I can't get into at the time. These are all good people, and we are working on getting things worked out with them.”
To read the rest of this story please go to: The Greely Tribune
