Bluefield Daily Telegraph, Bluefield, WV

Breaking News

Local News

June 12, 2014

Russian-owned coal company pays $800,000 in back taxes to McDowell County

WELCH — A Russian-owned coal company has agreed to pay $800,000 in back taxes to McDowell County, Sheriff Martin West said Thursday.

West said through efforts of his office filing a lawsuit against Mechel Bluestone Coal Corporation for back taxes in the amount of approximately $1.2 million dollars, a payment  of $800,000 has been received.

West said an employee of Bluestone Coal Corporation made contact with the McDowell County Sheriff's Department Tax Office this week and advised that a payment would be made later that day. West said Chief Tax Deputy Shelia Woolridge later contacted him and advised a $800,000 payment had been received from Mechel Bluestone Coal Corporation.

West said a default order was entered on June 9 by McDowell County Circuit Court Judge Rick Murensky for Mechel Bluestone Coal Corporation's failure to enter an answer within 30 days, as required by law.

“I obtained the abstract of judgment and filed it in the McDowell County Clerk's office,” West said. “I have been working the with McDowell County Prosecutor's Office since the suit has been filed in April. I had talked with the C.E.O. of the company, and their attorney. They were advised that their equipment would be seized and sold at auction for payment of the back taxes. I was in the process of obtaining a writ of possession and order from the circuit court giving me the authority to begin the seizure of property when the payment was made.”

West said the money collected for taxes helps make up the budget shortfall for the McDowell County Commission and the Board of Education for the new fiscal year beginning July 1, 2014.

Text Only
Local News
National and World
Newspaper Deivery Routes Available
Sister Newspapers' News
Local News Videos