RICHMOND, Va. (AP) It’s been nearly three decades since Virginia’s only woman to win a statewide race held political office. That drought will end in November when voters decide whether Democratic Del. Hala Ayala or former Republican legislator Winsome Sears will be their next lieutenant governor. Either will make history as the first woman […]
The governor of West Virginia has filed a $421 million lawsuit against Bassett-based Carter Bank & Trust over a decades-old relationship on his business loans.
The suit, filed on Monday in the Southern District of West Virginia and first reported by the West Virginia Metro News, indicates that Gov. Jim Justice, a former billionaire coal magnate, had owed as much as $775 million to the bank.
The court documents describe a longtime âgentlemanâs agreementâ between Justice and Worth Carter, the founder of Carter Bank & Trust, which has seven locations in the Lynchburg region.
Carter died in 2017, and Justice claims that was when the cozy relationship that allowed for growing loans and indefinite extensions on payback arrangements ended.
The city of Martinsville, located on Virginia’s border with North Carolina, has reached an agreement with Henry County to revert to a town within the county.