Dodgeville chronicle. [volume] (Dodgeville, Wis.) 1862-current, 1873-08-25

Arena, Will never pc able TO ma 9
treasurer who can give bonds fol
the collection of the tax, and who
ever he is, he will be $50 poor that
none will do him reverence or go
his security. When it is known
that these towns are not collecting
: their taxes, none viii be collected in
the other towns Of the county, and
your compromise viii break down,
in consequence of the objections to
it which have been stated, and which
remain to be stated; in the first six
months Of it's existence. If there
were no other objection to it, this
one alone furnishes q sufficient rea-
son why you should pause and with
hold the issuing Of these bonds.
6TH-PAYMENT OF $4,000 To VIM.
T. HENRY.
That portion Of the agreement to
which this objection relates, is con-
tanned in the second section, and all
who wish to understand it can read
it for themselves. I shall not per-
nit myself to say anything which
can possibly be regarded as person
al to Mr.. Henry, and as this objec-
ton has been already commented
upon by my associate, shall pass it
without further notice.
7TH-JUDGMENTs ARE TO BE REM
DERED IN ALL PENDING SUITS AND
NEVER REVERSED OR SET ASIDE.
The grounds of this objection
will be found by reading the LIST
and 9TH sections Of the agreement.
SUBSTITUTES OF LIMITATIONS, &C.,
&C., WAIVED.
The grounds Of this objection
will be found in the 9th section of
the agreement.
9TH--INvESTIGA ALTON OF r. R. COM
PANY WAIVED.
am unwilling to weaken the
force of the other objections to this
proposed compromise by laying very
great stress upon these last three
objections how much weight soever
attaches to them, when considered
intrinsically and Independently of
the other objections. [ shall, there
fore, only say of them, especially of
the first two of the three, that they
present unmistakeable evidence
that the "party of the first part" is
from beginning to end trying to
drive hard bargain with the coun-
ty; that'he exacts every advantage
and comedies none. It is called q
compromise, which implies mutual
concessions. The only concessions
which the "party Of the first part.
makes, is to take sixty-five per cent.
Of debt which he has tried for
more than a dozen years past to
collect, and has never realized d
dollar, although he has spent thous-
ands in his futile efforts; also to as
sign to the attorney of the county
personally and in his own hehalf,
eight thousand dollars of his
judgments in consideration of the
transfer to him by the attorney Of
certain old worthless judgments
which he holds against the old Min
eral Point Railroad Company. Not
another concession to the county
from beginning to end can be found
in this agreement, except that in
the concluding paragraph: "all Of
said parties agree hereafter, so FIR as
possible, to SO conduct themselves and
their affairs as to promote their
mutual interests and prosperity ;"
and further "that he (Beeche1) will
aid the second parties by has influence
to make further settlements of sim
liar claims held by other parties ;"
he also agrees "that he will never
become the owner of any more Of
said bonds or coupons" and imme-
diately takes it back by saying that
if he should "find it expedient or
necessary to buy or take any such
Claims" he may do SO, on the terms
therein stated.
On the other hand all the conces-
sions of any value are made by the
county; among them are the follow
ing:
list. The county consents that
judgments may be rendered against
it upon all bonds and coupons not
now in Judgment.
I'd. The county valves all claim
it had for coupons or county bonds,
which had been paid, and in equity
belonged to the county and which
were wrongfully taken by Beecher,
and which amount now with in
terest to over $4,000. This claim
had been pleaded in Offset in a suit
by Beecher upon coupons III which
it is agreed he may take Judgment
and the claim in Offset is abandoned
and satisfaction of it acknowledged.
Sd. New bonds to be issued for
sixty-fye per cent. of the old debt.
4th. "Said first party may hold
his said judgments and all remedies
thereon and hereunder" *
as security for the new bonds and
interest.
9Th. If the county fails to meet
any payment promptly at maturity
'the said first party may proceed
upon his judgments.
9th. The county is estopped from
asserting any statute of limitations.
Valves all notices for revival or re-
newal of remedies or processes, and
agrees that in case Of any failure of
payment, party Of the first part
shall be restored to all his rights
and remedies as they now exist.