Senate Candidate Says He Had Only One Bankruptcy

Charles Rountree

From alamogordonews.com -Charles "Blacke" Rountree, whose corporation is licensed to produce marijuana in New Mexico, filed for bankruptcy when he lived in Illinois. He says it was a single case, but court records show three filings because he changed attorneys. "I've had one bankruptcy due to the concurrent foreclosure of my home, a divorce and the company I worked for at the time downsized," he said. The court records, in the Northern District of Illinois, show that Rountree filed for Chapter 13 bankruptcy protection starting in 2000. In another matter, state corporation records list Rountree as president of GrassRoots Rx, a medical marijuana company in Cibola County. Rountree, on a promotional website, is listed as owner of the company, but he says that is an error. Rountree, in emails and an interview, said he is merely a member of the company's board of directors. Like all state-sanctioned marijuana companies, those involved in GrassRoots Rx had to form a nonprofit New Mexico corporation to be licensed. Rountree, 53, is running for the Senate in District 4. It includes parts of Cibola, McKinley and San Juan counties.

Senate Candidate Says He Had Only One Bankruptcy