Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1873-09-25

of four written pages, (besides this Sheet
has been considered and agreed to, as
the substance and substantial form of
the stipulation to be used and flied in
each case, settled as was and is provided
for in the agreement therein referred to,
and the time for the contamination
hereof is extended until Oct. Ist. next.
Detroit, Aug 22d, 1873
WV. T. HENRY,
Attorney and acting for the couny of Iowa. and
City and Town OF mineral Point, Wis.
SIDNEY D. MILLER
At orney for Luther B,echer, and others
On motion Of Dir Robinson, said re-
port was adopted,
Mr. Henry submitted the following:
Milwaukee, Sep Sth, 1873.
County BOARD OF SUPERVISORS op Iowa
CoUNrY-We Elisha W. Carpenter. and
Edwin +. knowlton, of the state of New
York owners of certain bonds issued BY
Iowa county, Wisconsin, upon which
snit has been commenced in the United
States Circuit Court for the Western Dis.
triet Of Wisconsin, propose a settlement
upon these terms:
We to take iud gment in such suit for
the full amount appearing to be owing
on the bonds and coupons mentioned in
the complaint in the action, the county
to pay 65 cents on the dollar on the full
amount, in six equal installments, the
first on the 18th day of April next, and
the others annually thereafter, with eight
per cent. interest on the whole unpaid,
also payable at those dates.
If ali those payments shall be prompts
ly made, the Judgment is to be discharged
ii there shall be any failure to pay on
the days fixed, the amounts previously
paid to be simply applied in par; salts
faction OF the judgment which may then
be enforced tor the remainder
Smith Il STARK,
Attorneys.
MEMORANDUM
The amount OF this debt as heretofore
estimated, 10 July LIST, 1873, was S5,O71
so VIM. +. HENRY,
Attorney
Mr.. Robinson in the chair:
Mr.. Spensley introduced the following
resolution, and moved its adoption:
RESOLVED, That the resolutions of Mr..
Barnard, adopted at the July session. 1913,
accep;ing the compromise proposals as the
same are recorded on page IS of the journal,
Toe amended by striking ont the words ''at
least threc-fourths," where the same occur in
the 1Ith line from the bottom of said PAGE
and inserting in lien thereof the words, IA
part or all 50 as to read as follows:
RESOLVED, That Mcssrs. Meigs and Henry
be, and they are hereby appointed on behalf
of the county, and authorized II receive from
the Chairman OF the Board and County Clerk
the compromise bonds, or other obligations
requisite and necessary to comply with the
terms of said settlement, and to consummate
the same by delivery thereof, and said Meigs
" Henry are especially charged with the OBJ
legation and duty of carefully and vigantly
seeing that said compromise bonds are prop
ery made, signed, issued in proper amount,
recorded, and only delivered upon settlement
upon the terms aforesaid of "a part or aII'' of
said debt and that the proper lawful stipula-
tionS are duly filed in the courts where said
judgments are in each case SO that on paw
mcnt of the compromise bonds the judg-
ments will be surely released aud satisfied
and to report fully th"ir acts and d0ings in re,
gard thoreto to the Board at its next meeting.
And the ayes and nays being called
for the motion prevailed by the follow
Ing vote
Ayes-Bainbril4e, Coates, Dmock,
Humber, james, Robinson, Spensley,
Van Dusen and Iimmer-9
Nays-Bennett, Davies, Jones Knight,
Meigs and Paull-6.
Mr.. Humbert moved to adjourn until
clock, p. m, which was lost.
Mr.. Coates moved TO take a recess for
half an hour, which was also lost
Mr. Spensiey introduced and moved
the adoption of the following resolution,
which pre- allied
RESOLVED, That the proposal of Messrs-
Carpenter and hnowlton, this day presented
by MeSsrS. Smith q Stark, their attornn v, to
settle about S50,, 80 OF the county debt AT 60
cents on the dollar. substantially upon the
same terms and conditions ~ have been here
to,ore.agrced 10 with Mr.. Bcccher be, and the
same is hereby accepted.
Mr. MeIus moved to still further
amend the resolutions OF Mr. Barnard
accepting the compromise proposals, by
striking ont his own name wherever the
same occurs therein, and inserting in
lieu thereof the name of Mr.. Bennett,
viii Oh motion prevailed
Dir Van Dusen in the chair
Mr.. Robinson introduced and m owed
the adoption of the following resouti on
WHEREAS, The stipulation agreed to and