, 1874-09-04
IOWA..
Tax-Titlcs and Tax!Troublcs- judicial
Contest in tho Ninth District.
Pontoon.Bridge and Railroad Mat
ters.


re Ill H.. .,,tt S1 '' aug. w % |
ro... 49, ~ 's'sH ea*os .uats'.a ~ aus -" -
~" - .o ~, ,,a pars ,s,, p1ons.a upo .no o,loa':
..,. =. 49,. .s f00r'o "'''' '"'' s1'o'oue "'o1uo-
e''' '' "" law or r.x-77r,ra
Tim r,roy,a;ons -, 4hia cnaot,nont on,o.r J., IN
fro,no, witt, or,o, Ingenuity, Their not.,or. ~
non,l,ica an;, connomn1 nicrcats c,oa,n, .r,,,n1
Tia f1olinnuont. workn in mnny caaoa n roofv RI.
1nod nnnrces}nn. and In n1wnva n atnn1;nr hid |
for tho croroiao NJ thu 1owor irotincta ~ mr.
crccdv nntnro. Tn moss tnatancne, nertnna Il |
rich.a t1a ,vroncs to Govcynront hv hrinoing |
hacle In Il thu hon1t tnxcn. thourh IL foca not |
n,vovs do this, Int Il breef1s nsprora |
Of tho vorat tyne, and not ,,nfroauonsly ouenB
Tho 1xav for narnctrat;on of fraud On botb ise1r
md nm da11norcnt. T1,e nonnIty afI,xnd hy thta
inv Ia out NJ o1} roortion IN .1,n crjtno IL Ia
iuton,e1 to ornjafo. II Ia outtaroo,,slv oxccra-
3vo. Tbc oatone,h,o ohicet of thia Inv In do.
sorvinr of M rcnrohat,on. Int tho law itself Ia
bnrah nn1 ia mt nnlor han. II IN oonfeasedlv
ono OF tho worst Of MIR oIumsv cpactmoute, bo-
aldo which INV of tto ao-oallod .sDlno LAWS II Of
C...sa ~
ooa"eot'oue "1e WHILE
movement Is on foot IN this city looking
toward tho amolioration OF this groat wrong.
A formidable petition will probably 90 up from
th,a c,tv =, orr ,a,t 1ot,is,aturo ti,st ID. dia
s Wy w. ~. noAs Hea.o@Su'' snas suo a.
esace may DO "lpod from our atatuto-pooKS
and hope, through tho voice OF TIE Tribune,
to call out strong EXPRESSION on tho Bubieot In
othor psrts of lin s,ato. Tint env ,ree,,n]dor in
Iown IL ab1c In fo ,1ianoaaosaod ~ h;a nrnncrtv
$500. ~ .1o w w uAapo9ooaasu y. n1 pA'fols
pesause no s may nave neelo0tea 20 pay sno te1es
upon IL tor thfee years; o., Il he 90 not dis
and d ponsltv Of 90 nor cent On TINT ia, to aay
In ,o,at ,o,,- =. =. - aanta,,,.+a
.e' w. Wy u"paeans laos ~ eoo'04npS'o
-exceps TO Ito tax-ttle- purchaHor.
l. fn5rl1f anrfuArafA In fhia rftv
| where tho fnngs Of this iroad 1nonster havo
etrucb to thu yorv vfta1a of nonoRt. banl-xork-
;,,r far,i,ios no,,,a s,,n, Ao,s r,a. 3D. 49,
tito Inv, taxtitlo.buyora have bid in property IN
the county, aud afterward received exorbitant
rates Of iutorost on Delinquent taxes Which thoy
nover roid ono cant yor 11,av hiil n IN n .roa
charged to thcm' and l:at was tho last they had
to do with 1t until tho real ownor, y year
or two nfterwart1, redeemed It, and then thoy
got thoir srcgular" per cont. 4 citizen hore,
taastnaa.aa t -. ,",., ..se. " 40 u0, =,
ta1.cefthcatea 70 Vesy lafso tfaots OIL land IN
hut!Hr County. Put ho purchased them second
t,lnatoly, laa ~ heart to Cooperate, With tbs
harsh law n grinding tho poor; and IN every
oase cage whore tho original ow1ots OF the lands IN,
VOWED have paid to him LIS principal and !egal
THIS h9weyer. is ono Of tho exceptional casoe.
Thero tho man could not possibly como down to
the low lo7ol Of this law,-could not bo IS hard
as tho law a.iows: 10, g.,
Dubuque was just getting down on to dnan-
cial hard-pan. sho had "conae to judgmont" "
in several henvy snits; and paid up; she waa
striking out to tho north, tho south, and tho
west. On now, lines Of railway; abe Waa mac
adasnizing hcr streots. improving hor wator-
trout, building up 1nnrb bio fronts and now manu-
factures; was Just going ahead booming, when
up .horo stnlks, in his muaty tunc, tho ghost OF
hffinf1 NY1ArrTi4e r1nftnt,p IN hbv0 hnffv
from the city whom 1t 'sas in tho flesh, aud de-
naandtng 1850, 900 to reimburse Losses to itself
on account OF the city'B alleged breach OF con-
tract. The story ia q long ono. and tho lguros
scared, aud o brief outline of tho case on both
sidos will possibly hclp to check any
sudden depreciation Of local securities. The
city'B assessment fo0ta up St8 600, 600 tiB year,
as agntnst S1o,500, 0oo tho year previous; but
still she would not like her other creditors to
think slo WAS really bound to hor Central Island
Improvement Company by bonds OF GEO, 900
weight. Tho Central Improvement Company q
suit is virtually to forco tho city to somo eotlo
mont Ono condition Of settlement required by
the Company is that tho city shall assume tho
payment Of all tho outstanding Contral Improve,
mont bonds Those aro bonds which wera Issued
by the Company when this Central 1sland prop
erty WIS considered Of great value. It was in
tue gushing days prior to tho groat crash Of 81:
tho city, went down toRothor aat below low
water mark. The city could not meet its
paper, tho Company. could not rodeom it's
| pledges, and Central Island 1ay bo-
tween tho two, dead as d herring. The
bonds. unfortunately, did not die. They wero
tho only things got up IN those days that had
vitality onough to 60. through tint financial
stross and thcy suffered quite aeyeso paralysis !:
but they rqmaln III large numbors to plague all
parties now. The city ttaelfis nursing 900,0 Of
them, aud 40 unknown quantity have survived
tho ttundling and bund!ing about from one party
to another. They hRyo boon mixed up in many
transactions, and tho exact relations tue city
holds to them. or the Company holds to them,
to-day, is not M easy thing to say.
I might mako statement to show Whothor the
city has boon guilty OF breach Of contract IN tho
matter; but then, as they Say in Brooklyn, it
might 20 boat to wait t1I the evidence ia AL In:
I think, however. : will submit an abridged
statement, which Will show how both parttes to
the contoat stand:
Tho city sold the property: in the frs. place,
70 soveral OF tho wealthy ostizons on conditions.
Subsequently these cltlzenH united, formed .
n q m nStII(}