The Civil Law Court has summoned Bea Mountain, to appear on August 23, to answer a petition for the cancellation of the lease agreement, filed by William David Cooper, owner of a property occupied by the Company in Monrovia.
In a five-count petition, Cooper complained that he and the Company entered a lease agreement for a period of five years, which commenced on November 1 through October 31, 2025.
The agreement also had a 3.05 lot of land in Paynesville, for a rental of 90-Thousand United States Dollars, representing the first payment, second and third at 50-Thousand United States Dollars, per year payable upon signing of the lease agreement, and the balance of 40-Thousand United States Dollars payable on or before May 31.
The complainant stated that in keeping with the terms and conditions of the subject lease, Bea Mountain has refused to pay the balance 40-Thousand United States Dollars, which constitutes a breach, and therefore wants the agreement to be cancelled.
He is therefore asking the court to cancel the lease agreement, and order that he repossess the property as well as order Bea Mountain to pay the amount in question, as accrued rental payment owed by them, thus representing payment for the last two years of the unexpired period of the agreement.