Edwardsville asbestos attorney Barry Julian’s lawsuit alleging a couple failed to make payments in accordance with a promissory note for Alton property has settled the claim for close to $45,000.

The consent judgment was entered on Oct. 6 after the parties agreed to settle for $42,840.04 plus 7.5 percent interest and court costs.

Defendants Aaron and Sarah Hutson and Hutson and Associates are ordered to pay the amount in four equal installments in the amount of $11,250.

Julian filed the lawsuit against the couple and their business, an engineering and land surveying business, on Aug. 28.

The suit claims the parties entered into a contract for sale of the property located at 3555 College Ave. in Alton on March 9, 2009. Under the terms of the note, the defendants promised to pay $100,000 plus 7.5 percent interest per annum on the part of the outstanding principal and interest that was not paid, the suit states.

Julian claimed the defendants agreed to pay $2,043.87 per month beginning in April 2009.

He alleged the defendants have breached contract and still owe $42,840.04 in principal, as well as interest. He further claims they have only made one payment since Nov. 16, 2012.

Gail G. Renshaw, III, of Gori Julian & Associates in Edwardsville represented the plaintiff.

No attorneys were listed for the defendants.

Madison County Circuit Court case number 14-L-1190

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