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Archive for Wednesday, April 21, 1993

CHAPPELL, BANK SETTLE LAWSUIT

April 21, 1993

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Douglas County Commissioner Jim Chappell settled a $28,239 lawsuit this morning, a local bank's attorney announced today.

Bank IV Kansas filed the suit March 9, alleging that Chappell had failed to pay off two loans he used for office equipment.

"Mr. Chappell has been very cooperative in working out this agreement," attorney Andy Ramirez said in a telephone interview. "Bank IV wishes Mr. Chappell well in his future endeavors."

Ramirez would not disclose the terms of the settlement, citing confidentiality of bank business.

Chappell would say only that the loans would be paid in full.

"I hope there's lots of future endeavors," Chappell quipped. "We're very pleased it's behind us."

Chappell practices law out of a downtown office. Included among the items he purchased with the loans is a water color of the Douglas County Courthouse, where he meets twice a week as a commissioner.

The suit will be the second against Chappell to be dismissed since March. Chappell settled a $600 small claims suit with the owner of Heartland Slush Puppie and Snack Foods on March 23.

Ramirez said that the bank would dismiss its suit at Douglas County District Court sometime today.

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