Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-ared-4_08-cv-04047/USCOURTS-ared-4_08-cv-04047-1/pdf.json

Nature of Suit Code: 190
Nature of Suit: Other Contract Actions
Cause of Action: 28:1332 Diversity-Other Contract

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IN THE UNITED STATES DISTRICT COURT
 

FOR THE EASTERN DISTRICT OF ARKANSAS
 

WESTERN DIVISION
 

GRANDVIEW PRODUCTS CO., INC., 

Plaintiff, 

v.
 

ADVANTAGES CONTRACTORS LLC,
 

and 

RON RICHARDSON and 

RODNEY GOODSON, 

Defendants. 

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Case No.4: 08CV004047 BSM 

CONSENT JUDGMENT WITH STAY OF EXECUTION 

'~I~ "?C)\O 

NOW ON TIllS day of 4-_<->-=1---' comes the plaintiff 

Grandview Products Co., Inc. ("Grandview") and individual defendants Ronald W. Richardson 

C'Richardson") and J. Rodney Goodson ("Goodson") and, having agreed among themselves that 

this judgment be entered against individual defendants Richardson and Goodson, subject to the 

following conditions, it is hereby 

ORDERED and ADJUDGED that judgment be entered in favor of plaintiff Grandview 

and against defendants Richardson and Goodson, jointly and severally, for the sum of 

$40,000.00. It is :further 

ORDERED and ADJUDGED that execution and levy on the foregoing judgment be 

stayed on the condition that the defendants jointly and severally pay to the plaintiff Grandview 

the stun of $573.03 each month for 60 months until plaintiff Grandview has received $30,000.00, 

Case 4:08-cv-04047-BSM Document 17 Filed 01/21/10 Page 1 of 11
as set forth in the parties' Settlement Agreement and Promissory Note, a copy of which is 

attached hereto. It is further 

ORDERED and ADJUDGED that if this Court is notified by plaintiff Grandview that 

defendants Richardson and Goodson have failed to timely make any of the foregoing monthly 

payments to plaintiff Grandview, then in that event the stay is deemed lifted, in which event 

plaintiff Grandview shall be entitled to immediate execution and levy of said judgment to the 

extent it remains unsatisfied, and such other remedies as are available to a judgment creditor. 

Date: \·-2\- 20lCJ D~·'~~..
 

HONORABLE BRIAN S. MILLER
 

UNITED STATES DISTRICT JUDGE
 

DYSART TAYLOR LAY COTI'ER 

& McMONIGLE, P.C. 

4420 Madison Ave., Ste. 200 

Kansas City, MO 64111 

TEL (816) 931-2700 

FAX (816) 931-7377 

JlJ217!L

Stuart W. Hankins, Ark.. Bar No. 72050 

HANKINS LAW FIRM, P.A. 

P.O. Box 5151
 

North Little Rock, AR 72119
 

TEL (501) 371-9226
 

ATTORNEY FOR DEFENDANTS 

2 

Case 4:08-cv-04047-BSM Document 17 Filed 01/21/10 Page 2 of 11
SETILEMENT AGREEMENT/PROMISSORY NOTE 

This Settlement Agreement and Promissory Note (collectively the ,"Agreement") is 

made as of this ."J..8-h, day of December, 2009, by Grandview Products Co., Inc. 

("Grandview") and Ronald W. Richardson and J. Rodney Goodson (sometimes collectively 

referred to herein as "Debtors"). 

1. Debtors were the owners and operators of Advantages Contractors, LLC, an 

Arkansas limited liability company ("Advantages") formerly doing business with Grandview. 

2. On August 18, 2008, an arbitration award was entered against Advantages and 

in favor of Grandview, which award was in the amount of $129,677.25. 

3. Grandview filed an action against Advantages and Debtors in the United States 

District Court for the Eastern District of Arkansas (the "Lawsuit"), therein asserting, among 

other things, that Debtors recklessly delivered a written statement respecting the financial 

condition of Advantages to Grandview for the purpose of securing an extension of credit, 

which financial statement contained materially false information on which Grandview 

reasonably relied and by which Grandview was damaged. 

4. Debtors admit that the allegation set forth above in numbered paragraph 3 is 

true. Debtors further acknowledge that they are each personally responsible and liable to 

Grandview for payment and satisfaction of the total amount of $30,000 in connection with the 

Lawsuit. In order to avoid more litigation and expense in the Lawsuit, the Debtors and 

Grandview agree as follows: 

a. Debtors (either individually or together) shall pay Grandview a total of 

$30,000, payable at a rate of 5.5% in 60 monthly installments of principal and interest 

of $572.03 per month; 

b. Debtors shall pay (either individually or together) Grandview $517.03 per 

month on or before the fifth day of each month beginning on or before February 5, 

2010, and continuing thereafter until the $30,000 is fully paid. Failure to timely pay the 

foregoing amount shall constitute a default and a breach of this Agreement; 

c. Debtors shall be jointly and severally liable for the foregoing monthly 

payments and obligations, and each does separately guarantee and agree that 

Grandview shall be paid the foregoing $30,000 in 60 months; and 

d. As security for this Agreement, Debtors agree that a consent judgment 

be entered against them personally in the Lawsuit in the amount of $40,000, and that 

they be jointly and severally liable for that judgment. Said judgment, however, shall be 

stayed for so long as Debtors are timely making their Note payments. Grandview 

agrees not to levy or execute upon the foregoing judgment so long as Debtors are in 

compliance with their Note obligations hereunder. The attorneys for Debtors and 

Grandview shall agree on the form of this consent judgment. 

Case 4:08-cv-04047-BSM Document 17 Filed 01/21/10 Page 3 of 11
5. Grandview agrees and acknowledges that any and all of its claims against the 

Debtors were asserted or could have been asserted in the Lawsuit, including piercing the 

corporate veil of Advantages Contractors, LLC, and that the Judgment, when entered, shall 

be res judicata as to all such claims. Grandview agrees that in the event Debtors timely make 

all principal and interest payments as set forth above, Grandview will cause to be entered in 

the Lawsuit a Satisfaction of Judgment. 

6. It is warranted by the parties to this Agreement that no other promise or 

inducement has been offered, except as herein set forth; that this Agreement is executed 

without reliance upon tl,e statements or representations by either party or its attorneys 

concerning the nature or extent of the injuries, damages and/or legal liability therefore; that 

the terms hereof are contractual and not a mere recital; that this Agreement shall be 

governed by Missouri law; and that this Agreement shall be binding upon and inure to the 

benefit of the parties hereto and their respective heirs, representatives, successors and 

assigns. 

Date: 1-11"/0 

Date: /- ~-.- I () 

Date: 12 - 2.~ -09
 

'. Rodney Goodson
 

2
 

Case 4:08-cv-04047-BSM Document 17 Filed 01/21/10 Page 4 of 11
EXPLAINED IN THE UNIFORM STATUTORY FORM POWER OF ATTORNEY ACT. IF YOU HAVE ANY 

QUESTIONS ABOUT THESE POWERS, OBTAIN COMPETENT LEGAL ADVICE. THIS DOCUMENT DOES NOT 

AUTHORIZE ANYONE TO MAKE MEDICAL AND OTHER HEALTH-CARE DECISIONS FOR YOU. YOU MAY . . 

REVOKE THIS POWER OF ATIORNEY IF YOU LATER WiSH TO DO SO. 

I_Ronald Wayman Richardson, 401 West Sunset, Sheridan Arkansas. 72150 a . 

appoint Ondy Richardson, 401 West Sunset, Sheridan, Ar. For personal and John Rodney Goodson for 

business dealing with Advantages Contractors LLC, with Ondy Richardson as advisor, as my Agent's 

(attorney's-in-fact} to act for me in any lawful way with respect to the following initialed subjects: 

TO GRANT ALL OF THE FOLLOWING POWERS, INITIAL THE LINE IN FRONT OF (N) AND IGNORE THE LINES 

IN FRONT OF THE OTHER POWERS. 

TO GRANT ONE OR MORE, BUT FEWER THAN ALL, OF THE FOLLOWING POWERS, INITIAL THE LINE IN 

FRONT OF EACH POWER YOU ARE GRANTING. 

TO WITHHOLD A POWER, DO NOT INITIAL THE LINE IN FRONT OF IT. YOU MAY, BUT NEED NOT, CROSS 

OUT EACH POWER WITHHELD. • 

Note: If you initial Item A or Item B,.which follow, a notarized signature will be reqUired on behalf of the 

Principal. 

INITIAL 

Case 4:08-cv-04047-BSM Document 17 Filed 01/21/10 Page 5 of 11
r9 (A) Real property transactions. To lease, sell, mortgage, purchase, exchange, and acquire, and 

~bargain, and contract for the lease, sale, purchase, exchange, and acquisition of, and to accept, 

take, receive, and possess any interest in real property whatsoever, on such terms and conditions, and 

under such covenants, as my Agent shall deem properj and to maintain, repair, tear down, alter, rebuild, 

improve manage, insure, move, rent, lease, sell, convey, subject to liens, mortgages, and security deeds, 

and in any way or manner deal with all or any part of any interest in real property whatsoever, including 

specifically, but without limitation, real property lying and being situated In the State of Arkansas, under 

such terms and conditions, and under such covenants, as my Agent shall deem proper and may for all 

deferred payments accept purchase money notes payable to me and secured by mortgages or deeds to 

secure debt, and may from time to time collect and cancel any of said notes, mortgages, security 

interests, or deeds to secure debt. 

~angiblepersonal property transactions. To le"e, sell, mortgage, purch"e, exchange, and 

acquire, and to agree, bargain, and contract for the lease, sale, purchase, exchange, and acquisition of, 

and to accept, take, receive, and possess any personal property whatsoever, tangible or intangible, or 

interest thereto, on such terms and conditions, and under such covenants, as my Agent shall deem 

properj and to maintain, repair, Improve, manage, insure, rent, lease, sell, convey, subject to liens or 

mortgages, or to take any other security interests in said property which are recognized under the 

Uniform Commercial Code as adopted at that time under the laws of the State of Arkansas or any 

applicable state, or otherwise hypothecate (pledge), and in any way or manner deal with all or any part 

of any real or personal property whatsoever, tangible or Intangible, or any interest therein, that I own at 

the time of execution or may thereafter acquire, under such terms and conditions, and under such 

covenants, as my Agent sha II deem proper. 

Q (e) Stock and bond transactions. To purch"e, sell, exchange, surrender, assign, redeem, vote 

at any meeting, or otherwise transfer any and all shares of stock, bonds, or other securities in any 

business, association, corporation, partnership, or other legal entity, whether private or public, now or 

hereafter belonging to me. 

~Commodity and option transactions. To buy, sell, exchange, assign, convey, settle and 

exercise commodities futures contracts and call and put options on stocks and stock indices traded on a 

regulated options exchange and collect and receipt for all proceeds of any such transactions; establish or 

continue option accounts for the principal with any securities or futures broker; and, in general, exercise 

all powers with respect to commodities and options which the principal could if present and under no 

disability. 

Case 4:08-cv-04047-BSM Document 17 Filed 01/21/10 Page 6 of 11
r-;;) (E) Banking and other financial institution transactions. To make, receive, sign, endorse, 

~cknowledge,deliver and possess checks, drafts, bills of exchange, letters of credit, notes, stock 

certificates, withdrawal receipts and deposit instruments relating to accounts or deposits In, or 

certificates of deposit of banks, savings and loans, credit unions, or other institutions or associations. To 

pay all sums of money, at any time or times, that may hereafter be owing by me upon any account, bill 

of exchange, check, draft, purchase, contract, note, or trade acceptance made, executed, endorsed, 

accepted, and delivered by me or for me in my name, by my Agent. To borrow from time to time such 

sums of money as my Agent may deem proper and execute promissory notes, security deeds or 

agreements, financing statements, or other security instruments in such form as the lender may request 

and renew said notes and security instruments from time to time in whole or in part. To have free 

access at any time or times to any safe deposit box or vault to which I might have access. 

n (F) Business operating transactions. To conduct, engage in, and otherwise transact the affairs 

~yand all lawful business ventures of whatever nature or kind that I may now or hereafter be 

involved in. To organize or continue and conduct any business which term includes, without limitation, 

any farming, manufacturing, service, mining, retailing or other type of business operation In any form, 

whether as a proprietorship, joint venture, partnership, corporation, trust or other legal entity; operate, 

buy, sell; expand, contract, terminate or liquidate any business; direct, control, supervise, manage or 

participate in the operation of any business and engage, compensate and discharge business managers, 

employees, agents, attorneys, accountants and consultants; and, in general, exercise all powers with 

respectto business interests and operations which the principal could if present and under no disability, 

e.(G) Insurance and annuity mnsactians. To exercise or perform any act, power, duty, rlgh~ or 

obligation, in regard to any contract of life, accident, health, disability, liability, or other type of 

insurance or any combination of insurance; and to procure new or additional contracts of Insurance for 

me and to designate the beneficiary of same; proVided, however, that my Agent cannot designate 

himself or herself as beneficiary of any such insurance contracts. 

__(H) Estate, trust, and other beneficiary transactions. To accept, receipt for, exercise, release, 

reje, unce, assign, disclaim, demand, sue for, claim and recover any legacy, bequest, devise, gift or 

other property Interest or payment due or payable to or for the principal; assert any interest in and 

exercise any power over any trust, estate or property subject to fidUciary control; establish a revocable 

trust solely for the benefit of the principal that terminates at the death of the prIncipal and Is then 

distributable to the legal representative of the estate of the principal; and, in general, exercise all 

powers with respect to estates and trusts which the principal could exercise if present and under no 

disability; provided, however, that the Agent may not make or change a will and may not revoke or 

Case 4:08-cv-04047-BSM Document 17 Filed 01/21/10 Page 7 of 11
amend a trust revocable or amendable by the principal or require the trustee of any trust for the benefit 

of the principal to pay income or principal to the Agent unless specific authority to that end is given. 

~Il Claims and litigation. To commence, prosecute, discontinue, or defend all actions or other 

legal proceedings touching my property, real or personal, or any part thereof, or touching any matter in 

which I or my property, real or personal, may be in any way concerned. To defend, settle, adjust, make 

allowances, compound, submitto arbitration, and compromise all accounts, reckonings, claims, and 

demands whatsoever that now are, or hereafter shall be, pending between me and any person, firm, 

corporation, or other legal entity, in such manner and in all respects as my Agent shall deem proper. 

r-;;;; (J) Personal and family maintenance. To hire accountants, attorneys at law, consultants, clerks, 

nurses, agents, servants, workmen, and others and to remove them, and to appoint others in 

their place, and to pay and allow the persons so employed such salaries, wages, or other remunerations, 

as my Agent sha II deem proper. 

~IBenefits from Social security, Medicare, Medicaid, or other governmental programs, or 

military service. To prepare, sign and file any claim or application for SodaISecurity, unemployment or 

military service benefits; sue for, settle or abandon any claims to any benefit or assistance under any 

federal, state, local or foreign statute or regulation; control, deposit to any account, collect, receipt for, 

and take title to and hold all benefits under any Social Security, unemployment, military service or other 

state, federal, local or foreign statute or regulation; and, In general, exercise all powers with respect to 

Social Security, unemployment, military service, and governmental benefits, including but not limited to 

Medicare and Medicaid, which the principal could exercise if present and under no disability. 

\.. (L) Retirement plan transactions. To contribute to, withdraw from and deposit funds in any 

ty i em~~t plan (which term includes, without limitation, any tax qualified or nonqualified 

pension, profit sharing, stock bonus, employee savings and other retirement plan, individual retirement 

account, deferred compensation plan and any other type of employee benefit plan); select and change 

payment options for the principal under any retirement plan; make rollover contributions from any 

retirement plan to other retirement plans or Individual retirement accounts; exercise all Investment 

powers available under any type of self-directed retirement plan; and, in general, exercise all powers 

with respect to retirement plans and retirement plan account balances which the principal could if 

present and under no disability. 

Case 4:08-cv-04047-BSM Document 17 Filed 01/21/10 Page 8 of 11
<t (M) Tax matters. To prepare, to make elections, to execute and to file all tax, social security, 

unemployment insurance, and informational returns required by the laws ofthe United States, or of any 

state or subdivision thereof, or of any foreign government; to prepare, to execute, and to file all other 

papers and instruments Which the Agent shall think to be desirable or necessary for safeguarding of me 

against excess or illegal taxation or against penalties imposed for claimed violation of any law or other 

governmental regulation; and to pay, to compromise, or to contest or to apply for refunds in connection 

with any taxes or assessments for which I am or may be liable. 

~llOF THE POWERS LISTED ABOVE. YOU NEED NOT INITIAl ANY OTHER LINES IF YOU 

INITIAL LINE (N). 

SPECIAL lNSTRUCfIONS: 

ON THE FOLLOWING LINES YOU MAY GIVE SPECIAL INSTRUCfIONS LIMITING OR EXTENDING THE 

POWERS GRANTED TO YOUR AGENT. 

_Rodney has power over business with Advantages Contractors LLC only._ 

_ Rodney Goodson has power of attorney In all business matters._ 

Case 4:08-cv-04047-BSM Document 17 Filed 01/21/10 Page 9 of 11
THIS POWER OF ATTORNEY IS EFFECTIVE IMMEDIATELY AND WILL CONTINUE UNTIL IT IS REVOKED. 

THIS POWER OF ATIORNEY SHALL BE CONSTRUED AS A GENERAL DURABLE POWER OF ATTORNEY AND 

SHALL CONTINUE TO BE EFFECTIVE EVEN IF I BECOME DISABLED, INCAPACITATED, OR INCOMPETENT. 

(YOUR AGENT WILL HAVE AUTHORITY TO EMPLOY OTHER PERSONS AS NECESSARY TO ENABLE THE 

AGENT TO PROPERLY EXERCISE THE POWERS GRANTED IN THIS FORM, BUT YOUR AGENT WILL HAVE TO 

MAKE ALL DISCRETIONARY DECISIONS. IF YOU WANT TO GIVE YOUR AGENT THE RIGHT TO DELEGATE 

DISCRETIONARY DECISION-MAKING POWERS TO OTHERS, YOU SHOULD KEEP THE NEXT SENTENCE, 

OTHERWISE IT SHOULD BE STRICKEN.) 

Authority to Delegate. My Agent shall have the right by written instrument to delegate any or all of the 

foregoing powers involVing discretionary decision-making to any person or persons whom my Agent 

may select, but such delegation may be amended or revoked by any agent (including any successor) 

named by me who is acting under this power of attorney at the time of reference. 

(YOUR AGENT WILL BE ENTITLED TO REIMBURSEMENT FOR ALL REASONABLE EXPENSES INCURRED IN 

ACTING UNDER THIS POWER OF ATTORNEY. STRIKE OUTTHE NEXT SENTENCE IFYOU DO NOT WANT 

YOUR AGENT TO ALSO BE ENTITLED TO REASONABLE COMPENSATION FOR SERVICES AS AGENT.) 

Right to Compensation. My Agent shall be entitled to reasonable compensation for services rendered as 

agent under this power of attorney. 

(IF YOU WISH TO NAME SUCCESSOR AGENTS, INSERT THE NAME{S) AND ADDRESS(ES) OF SUCH 

SUCCESSOR(S) IN THE FOLLOWING PARAGRAPH.) 

Successor Agent. If any Agent named by me shall die, become incompetent, resign or refuse to accept 

the office of Agent, I name the follOWing (each to act alone and successively, in the order named) as 

successor(s) to such Agent: 

Case 4:08-cv-04047-BSM Document 17 Filed 01/21/10 Page 10 of 11
_Cindy Lea Richardson, Wife 401 West Sunset, Sheridan, Ar._ 

__John Rodney Goodson, Son 505 Grant 13, Sheridan, Ar._ 

Choice of Law. THIS POWER OF ATIORNEY WILL BE GOVERNED BY THE LAWS OFTHE STATE OF 

ARKANSAS WITHOUT REGARD FOR CONFLICTS OF LAWS PRINCIPLES. IT WAS EXECUTED IN THE STATE OF 

ARKANSAS AND IS INTENDED TO BE VALID IN ALLJURISDICTIONS OF THE UNITED STATES OF AMERICA 

AND ALL FOREIGN NATIONS. 

I am fully informed as to all the contents of this form and understand the full import of this grant of 

powers to my Agent. 

I agree that any third party who receives a copy of this document may act under it. Revocation of the 

power of attorney is not effective as to a third party until the third party learns of the revocation. I agree 

to indemnify the third party for any claims that arise against the third party because of reliance on this 

power of attorney. 

Signed this .:1. 3rl..day ofh .20M

IoWICIAPMTON 

GRANTCOUNlY 

NOTARYPUBUC· ARKANSAS 

My CO/mIiSslon EllP~lIlI December 21l, 201Ii 

Corml1sslan No. 12357ll9a 

Case 4:08-cv-04047-BSM Document 17 Filed 01/21/10 Page 11 of 11