Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1873-07-17

A number Of subscribers have aske
us the meaning of the following clause
in the terms Of compromise, Published
as part of the County Board proceedings,
to- wit:
3D. OF the judgments TO be so rendered
against either the city or town of Mineral
Point, the said first party shall, upon the full
payment and satisfaction of the bonds and in.
terest hereinafter mentioned as to be issued to
said Beeeher, and not until then, transfer and
assign TO the said William T. Henry the sum
OF nine thousand dollars. Eight thousand dol
lars whereof shall be for full and entire sat
isfacton and compt lsation 10 the city and
town Of Mineral Point for certain interest and
coupons, supposed to have been heretofore
paid, and said assignment of said sum OF nine
thousand dollars, part of said judgments, be III
full satisfaction of all claims, of either said
county of Iowa, or said town or city of Min
eral Point, against him, and also against the
old and new Mineral Point Railroad Com
panies, and all stockholders, directors AID Of
ficers of either Of said companies, growing out
of claims and matters connected with the
bonds heretofore issued, and now sought to be
compromised and the SAID first party also
agrees with said Henry in his own behalf, that
he will also assign and transfer to him person
ally eight thousand dollars of said judgments
county, at er the payments to said Bcecher Of
said bonds and interest so to be issued to SAID
Bcecher upon condition that said Henry shall
there assign and transfer to him three judg-
ments rendered in the Circuit Court Of Iowa
county, on April 18th 1861, against the old
Mineral Point Railroad Company, in favor of
A. J. Trcdeway, NJ. +. Temple and VIM. T.
Henry, such assignments TO be then drawn, as
of this date, and the interest accruing from
date on said sum OF seventeen thousand dol
lars, to belong 10 the assignee, and the remain
ing onegthousand.d dollars shall be for reim-
bursement to the city Of Mineral Point of the
fine imposed upon the officers of said city in
November, 1872.
After u careful reading and re-reading
of this section, we are obliged to confess
we do not understand it. By some it is
taken to mean that VIM. T. Henry is to
have the benefit of SIT, 900 of the town
and city debt, including interest from
date OF compromise, as compensation for
his services by others it is understood
as giving Mr.. Henry $4,000 of the debt.
with interest on the $l7 900; while others
construe it as giving nothing to Mr..
Henry, which latter construction we
hope is correct 1t cannot be denied
that this clause is obscure, and any one
will be justified in understanding it as
giving to Mr.. Henry, at least the $4,000
last mentioned, and the interest on the
seventeen thousand Of judgments. Else,
why should be used the words sin his
own behalf and personally" which we
find in the oath and 18th lines; and why
is it stipulated that "the interest accru-
ing from date on the sum Of seventeen
thousand dollars shall belong to the
assignee" Mr.. Henry, as we understand
it, being the assignee. With many
others, we want information on this
point, and hope those capable of doing
so will enlighten U.s. If Mr.. Henry is to
receive SIC 900, or S, 900, or the interest
on ST. 900 for his services, let it be
clearly SO stated If not, then the clause
more especially needs to be SO elucidat-
ed as to remove suspicion.