Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1897-08-18
AN AMICAbLE SETTLEMENT
LITIGATION IN COLE ESTATE
is AT AN END,
The Special Committee of Citize
Comes to Agreement with the
Executors The Common Council
Approves the Settlement Home
stead to Be Sold to Pay Debts
No More Suits in the Courts.

stead to Be Sold to Pay Debts
No More Suits in the Courts.
At last nights meeting of the COM
mon council the special committee,
composed of Jesse Stone, Ulrich Hab-
hegger and NJ. j. Woodard, appointed
to confer with the executors of the
estate of John w. Cole as to a settle
ment of the differences occasioned by
the disposition of the trust estate,
made its report. With only one dis
senting vote, that of Aid. Mulberger,
the committees report was adopted,
also the accompanying resolutions af-
fecting the matter. All members of
the council were present except Aid.
Kunitz and Meyer.
The following was presented:
To the Common Council:
Your committee on judiciary having
examined the report of the committee
to see about a settlement of the differ
ences in regard to the will Of John w.
Cole, deceased, report that they ap-
prove the same and recommend the
adoption of the report.
Dated, August II, 1897, and respect
fully submitted.
EDWARD RACK,
CHAs. A. SKINNER,
L. c. SCHMIDT,
JAS. j. PRENDERGAsT.
Committee on Judiciary.
The special committees report fol-
lows:
To the Hon Mayor and Common Council
Of the City Of Waten0rn:
Your committee appointed to confer
with the executors of the estate of
John w. Cole beg leave to submit the
following report:
After a careful consideration of the
will and the construction of the will,
would recommend that the city join
with the executors in selling the resi-
dence on Clyman street, in the First
ward for the purpose of paying all
costs OF whatever nature to probate
settlement
The executors agree on their part
that they will pay al costs and that
they will not present any more bills
to the court for any further improve
ments on any of the property in this
trust as it now stands, and will also
pay all bills for improvements they
have now made, and will turn over to
the city after the death OF Oscar A.
Cole and Eliza c. Cole all property of
whatever nature belonging to the
trust free from encumbrances.
Our reasons for making these recon-
mendatiOns are that the executors
have bills to present to the court for
improvements they have already made
on said properties to the amount of
over 81, 600, and while your commit
tee does not fully agree with the exc
cutors that the court will allow said
bills to be paid out of the estate, yet
see chance for long litigation in
the matter. They therefore deem it
best for the city to join with the exc
cutors in a settlement on this basis.
The heirs and executors agree to the
above settlement.
We also recommend that all litiga-
ton in this matter be discontinued and
Oll1o CChlCuG W Udht 0ucCU DIS SOOu
as approved by the city council.
If the city council concur in the
recommendation of this committee we
would further recommend that an
| agreement be drawn up covering the
points at issue as agreed upon between
| the heirs and executors and this com
mittee in their several interviews in
reference to settlement, it being the
sense and intention of this settlement
that all matters in dispute are now tc
be settled amicably, and from this
time on Oscar A. Cole and Eliza c..
| Cole and the executors will aid and
assist in every manner in executing
the will of John w. Cole without fur,
ther litigation, court expenses or op-
position of any nature, said agreement
to be signed by the heirs, executors
the mayor and city clerk on behalf Of
the city of Watertown.
JESSE STONE,
M. j. WOODARD,
ULRICH HABHEGGER,
Committee