Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1873-08-21
Adopted on motion of Mr.. Coates.
BY DR.. Van DuSen-

Reso1oea, That Messrs. Henry and Smith, a,tor-
neJs for the county, be and they hereby instruct
ed 10 take prompt measures to procure the diss Iu
ton Of the injunction in the case of Joseph Blake
against the Board, aud which has been served upon
it. officers to prevent the contamination OF the pro
posas to compromise the county railroad claims and
were approved and accented by this Board at lis
session IN July ldst.
Adopted by ayes and noes, as follows
Ayes-Bainbridge, Barnard, Coates. Dim-
ock, uumbort, James, Knight, Meigs,
Robinson, Spensley, Van Dusen and Zim-
mer-l2 Nocs-Bennett, Jones, Law
Ter and Paul.
BY Mr.. Bennett
Reso1eed That Gardiner c. Mei-s II. Van Dus.n
and John l.. Jones be and they hereby appointed
d COMM tee to negotiate for compromise and settle
ment OF the railroad bond indebtedness an such
terms as to them shall, seem most advantageous and
beneficial 10 Iowa county, agreeing to pay therefor
such sum or sums not to exceed III amount the sum
of - cents the dollar, and to report in writing
their proceedings and doings by law required to
this Board at their next meeting; the committee to
proceed at once and per feet their settlements II any
can be made within thirty days, and that they shall
be accompanied by the attorney for the county.
Rejected.
On motion Of Mr. Coates, the vote by
which his motion adjourning this meet
ing to 18th Sept" next, was carried, was
reconsidered.
Mr.. Jones moved to amend by striking
out 9th Sept, and inserting Goth Aug
which motion was lost.
The question then recurring on Mr.
Coates motion, it was lost
Mr.. Meigs moved to adjourn sine die,
which motion was lost
Mr.. Meigs in the chair.
The following declaration was then
presented:
The FIVE members of the County Board represent
ing the towns of Dodgeville, Ridgeway, Wyoming
and Arena and the village Of DOdgevllle, oppose
the communication Of the proposals to settle the
county bond claims, as heretofore accepted by The
Board for the following reasons, viz:
lst. For that If fail in making any of the
agreed payments, We forfeit the benefits Of the COM
promise by then having what We may have paid only
apply at par, dollar for dollar on he debt.
2d They fear that the proposed compro-
mise bonds may be SO Issued he negotiable. aId
tina. the county may be obliged pay both the judy
ments and the new bonds.
AMI now to do way with all opposition TO said COM
promise and to reconcile the several differences ex-
listing between the members Of the Board, the above
named members pledge themselves faithfully sup
port aud aid in carrying out said compromise to ui
flment.
Ptorided. the said two obi rctions are done away
with by a further agreement With the bondhnlders,
by providing tnat when compromise payment Is
made, the county shall receive t1e benefit VI the 30
per cent discount, 10y having dollar of the debt
satisfied and discharged for each % cents paid.
Aad also by making the new bonds not negotiable
or by having clause Inserted in each bond stating
IN substance that ii is given TO settle judgment and
tina. If default is made in payment of the bond il
shall be utterly y3d and OF elect, and that the
holder thereof may proceed to enforce payment for
said bond BY collecting the Judgments, substan-
tally IN any way as Is equally satisfactory to the
committee authorized to procure these cd fc .ons
CHARLES PAUL.,
d. B. LAWLER,
J. L. JONES,
q. c, MElGs,
JOSEPH BENNETT.
The following resolutions were intro.
| duosd by Mr.. SPensiey