Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1874-01-22

no further legal defense can be MADE
and in view Of the fruitless character OF
past litigations to the creditors | believe
that it is best for them to accept new
bonds at 65 per cent than to continue
contest which may be protracted Tor
years conceding what believe, that
the judgments would be ultimately en-
forced against the county at par, yet the
delay which would take place and the
/ expense of the litigation, including conn-
sci fees and large expenses, which could
not be turned against the county, 1t IS
probably better for the creditors them>
! selves, to take this compromise and thus
arrive at good feeling in the final eX-
tinction of this unfortunate debt, than it
would be to proceed in litigation for the
last possible dollar. ! therefore hope
that you will be able to complete set-
Element which under the circumstances
| believe would be advantageous to all
parties concerned and certainly most
satisfactory to the lawyers employed
and to the court whose duty it is to en-
force these unpopular claims.
Truly Yours,
MATT II. CARPENTER"
Afterwards hearing of the injunc-
ton allowed by Judge Mills, Mr..
Carpenter wrote:
81 have Just written to Mr.. Beecher
to come over here and meet you and my
self at Milwaukee, and see il we cannot
make new proposition which will steer
clear of the captious objections which
your people make to the arrangement
If they are willing to pay % per cent. IN
| six annual payments, with interest at
per cent, it is strange if form OF doing
! It cannot be agreed upon, that Is salts
| factory to both parties. If Beecher
comes hope you will make it point to
meet him here, and bring with you all
| the papers in the suit in which the IN
| junction was granted If the majority
| Of your Board are in favor Of making
the compromise agreed to, why do they
not appeal from the injunction? There
can be no doubt Of the raiidjV Of tie
iast act Of the Legislature authorizing
| the compromises and if the compromise
! conforms IN detail to the provisions OF
| the bill, the Supreme court OF our State
| must sustain the compromise. An APP
| peal taken at once could be heard IN
! January, and the whole matter be closed
| up IN very short time. Ii they VIII
not appeal-that is if the Board, at their
meeting on the llth of Nov, will not
direct an appeal to be taken it ought to
| he REGARDED as conclusive evidence that
the Board itself is not in favor OF the
compromise agreed upon, ! have done
everything in my power to bring about
this arrangements if 1t now iails oil
course the creditors will proceed to
! the collection of the whole amount; and
! although the county may succeed IN de-
| laying payments, and amassing costs,
vet the day of Judgment will some time
come, and they will have to pay principal
and costs 1t strikes me as great piece
of folly on the part OF the County to
neglect this opportunity; they cannct
expect to make promise alter promise
and then break them, and still, when the
! dnv Of payment shall be forced, to obtain
any concession whatever ] am sick and
tired of the suits and would gladly be
out of them, but if the County will not
carry out the arrangement, shall Gers
tainiy 90 on TO the best of my ability IN
prosecuting the claim
Truly Yours,
MATT. II CARPENTER,
Gen. A. G. Dodge Of Iowa, who IS
familiar with the celebrated Lee
/ County case, said in Feb. ISL, and
before the ''construction company
claims to pay in full:
II advise you to compromise upon the
best terms you can obtain Lee County
was obliged to settle at par, and that IS
| what YOU will be compelled to do, mean
to pay,
And since hearing of the COM
promise, Gen. Dodge writes as fol-
lows:
81 congratulate you upon your signal
success III the matter OF the settlement
of your County Indebtedness. lt Is un-
parnlleled by anything in that line that
/ has ever been achieved in Iowa
And Joseph II, Claly, Esq, who
/ in common with nearly all the at
toruevs and the Judge of this Judic-
/ ial District in 1871, said we must
pay III full, says:
II am very sorry that after your great
/ labor, expense and anxiety, those resi-
| dent in the north part of the County
/ should not accept the proposition OF
! Beccher; can't they ever get over their
I ltde local prrjudces2 | am we'll salts
fled that the interests of the County
required some such settlements the
proposition, in my Judgment, is very
/ favorable to the County.
And Cyrus Woodman, Esq, who
nearly every one in the County
. l-,,u.- SoN--