Dodgeville chronicle. [volume] (Dodgeville, Wis.) 1862-current, 1871-04-07

taking their receipt and endorsing the
same over to G. NJ. Ashmore, chairman OF
the board of supervisors. The receipt was
found in the possession of Mr.. Ashmore.
None of the firm of q. Z. WaShburnc IL
Co. could tell what had become OF the
bonds; they were next found In Miiwau-
kee, in the hands of an attorney empIoye;
in suit against the county on its bondsd
the bonds were produced by the attorney
in court, and used on the trial OF the suit
IN August. 1850, for evidence, or some 9TH
err purpose; one of them was then ON re-
quest, there in court, loaned to the attor-
ney who was defending the county in this
same suit; that bond was not returned;
was found in the hands of the eountyS at
torney and he gave itup to the county
New and uniformed as 10 railroad mat
tiers, mistaken and deceived as to its ben
efits, pursuaded by seductive arguments,
that the stock Of the company must be
worth par, and that it never could in any
event be worth less than Is cents on the
dollar. By authority Of the same law first
referred to the town of Mineral Point Is
sued $40, 900, and the town of Waldwlck
$4,000 of their bonds, taking stock OF the
railroad for them. These towns have, like
the county, been sued, judgments obtain
ed against them, have been, and are now
being annoyed and pressed with court
wrts and processes to compel payment.
The people of Mineral Point and vicinity,
besides the bonds, took stock and paid in
to the company about $l36,000 OF course
the Conan & martin foreclosure cut out
all the stock, so that the stock received
lOr the bonds, and also that paid for by
the people, has never been, nor ever will
be worth one cent. The bondholders who
have the road ond all Its property among
them, had this 100000 for nothing.
Great part of these bonds, both county
and town, and also of the railroad and It's
property undoubtedly belong to Mr.. Beech
er.-About all the litigation has been, and
is now being prosecuted by, and in his be-
half If we were settled with him it is
quite certain that we could make the same
terms with ali the others. The same par
ties holding both kinds OF bonds, 1t is not
probable that one can be settled, without
the other for these reasons it is neces-
sary that we understand all about all OF
the bonds, promote our mutual interest,
which are the same, by working together,
and being agreed as to settlement and
compromise, whenever fair one can be
had.
AS to compromise, those defending the
people have even offered cordial Induce
mcnt to the other side this, when direct
ly offered, has in almost every Instance
been met with wholesale charges that we
were all rascals, regulators, and sinners
of the vlleSt type all offer TO compromise
Is nearly sure to evoke abuse and insult.
In hopes Of success, and that the interest
of the people might not be Injured, with
great reluctance these insults have been
born.
Sometimes after failure to agree, they
have been reminded that the prosecutors
of legallzed robbery, stand no better than
those who originated lt--that they took
the bonds subject to all lawful detcnces,
that we are entitled, have rlght, and avail
cd ourselves Of our lawful deiences ; many
condemned by the Judgment by lawful
means escape the execution. 1t is hon
orable and commendable to defeat the en-
torccmeut of a claim so rascally and in
iquitous as this. No offer u,ade to any OF
them has ever been accepted, nor have
they ever made US an Oiler that II was
thought would be satisfactory t. tie pco-
pie all of Mr.. BeccherS offers have lnv0lv-
cd something impossible TO be done-or
the construction Of another railroad, to
lead US further into trouble, instead Of
getting us out the only CLEAN Of sensl-
Die Or reasonable settlement that has yet
appeared, came. last fall from the able
counsel. who is SO ptrsistently urging the
payment of these claims, he then express
ing himself willing to accept one-half Of
the debt, in reasonable payments, but he
cUu.d not induce his impractlcable client
to agree to 1t.
Not with even remote idea of ever
paying, but for information, let us see
what the amounts claimed are ; how bur-
densomc it would he, &C., &c.
Waldwick and Moscow have taken up
one-fifth of their bonds for about % cents
ON the dollar.
The county bonds are now $4,000
The City of Mineral Point bonds
are now $500
The town of Mineral Point bonds
are now 66,495
The town of Waldwick bonds are
now 1888
The town of Moscow bonds are 8,l62
The equalized value Of ali prop
erty for 1870 is,
Iowa County $6,G97 ,424
City of Mineral Point 1000
Town Of Mineral Point 479, So
Town of Waldwick 333,5b7
Town of Moscow 2ZTO0o
The population, according to the census
of 1870 is,
In Iowa County 24,555
City Of Mineral Point 1926
Town of Mineral Point 1880
Town of Waldwick 935
Town of Moscow $50
The claims against the county are $l6,-
80 for each soul, or $84, 10 for each family
of five persons-and six and two-tenthS
per cent. on our nigh valuation of 1870.
In the city and towns named of course
the claims for the county bonds are the
same as stated for the county, to which
add the claims for town bonds, and in the
city of Mineral Poiut both claims are $46,-
SO for each soul, 1924, 40 for each family,
or seventeen and two-tenths per cent. In
the town of Mincla! Point they are 500, ~
each soul, $29S,60 for each family, or
twenty and one-tenth per cent.
In the town Of Waldwick they are $751;
e1 each soul, S15S,l0 for each family, or
ten and three tenthS per cent.
In the town of Moscow they are $3.50
each soul, Sl26,S0 for each family. OF nine
and eight-tenths per cent, all based on
the unusually high valuation for 1870.