Albany & Eastern suing...

John Barnhill Jun 11, 2007

  1. John Barnhill

    John Barnhill TrainBoard Member

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    RAILROAD SUES FORMER WORKERS

    ALBANY, OR -- The Albany & Eastern Railroad of Lebanon is suing two former employees for allegedly taking $350,000 from the company and failing to repay a $77,500 loan to the company.

    The company’s attorney, J. Channing Bennett of Salem, filed the lawsuit May 15 in Linn County Circuit Court. It asks for both the $350,000 and the $77,500 from Tamra and Shawn Boyes. Their employment with the railroad ended in March.

    Lebanon Police Chief Mike Healy said his detectives did an investigation and sent it on to the Linn County District Attorney’s Office. District Attorney Jason Carlile said the case is under review.

    According to the lawsuit, Tamra Boyes worked for Albany & Eastern from September 2000 until March. The suit wasn’t clear about Shawn Boyes’ tenure with the railroad, except that he worked for the company while he and Tamra allegedly converted $350,000 of company money for personal use.

    Further, Albany & Eastern gave the Boyeses a loan for $77,500 in December 2005, with the agreement they would make $600 payments every other week beginning in January 2007.

    The suit alleges the Boyeses used company money to begin paying back the loan, but it doesn’t say how much of the loan was repaid.

    The Boyeses could not be reached for comment. Their attorney, David Corden of Corvallis, declined to comment. - The Albany Democrat-Herald
     
  2. BoxcabE50

    BoxcabE50 HOn30 & N Scales Staff Member TrainBoard Supporter

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    :eek:mg: Sounds a bit odd. The converting part might explain things better. Now and then, employees "convert" company material to cash.... Could this be what they mean? Guess we'll wait and see.

    :sad:

    Boxcab E50
     
  3. SteamDonkey74

    SteamDonkey74 TrainBoard Supporter

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    I don't know how a small line like that missed $350,000. Maybe they are doing more business than I thought!

    Adam
     
  4. BoxcabE50

    BoxcabE50 HOn30 & N Scales Staff Member TrainBoard Supporter

    67,760
    23,479
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    I agree. To not miss an amount such as that, seems odd. Might be an interesting story, as this all shakes out.

    :eek:

    Boxcab E50
     

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