The herald., 1898-04-15

in that great strike. have hoped all along
for . full and final settlement Of this con-
troversy, and have prayed for 1t, as per-
haps have all of you also 1 am here now
to tell you that our prayer has been an
swered. 1 have delegated Brother Kipp.
who prepared the report, to read the agree.
ment entered into by the two parties and 1t
covers the entire natter"
Rev. Kipp was not so certain of the COM
plete success of their efforts as was Rev.
Stewart, and he said that he could merely
hope that it would be settled quickly and
amicably. He then read the agreement, as
follows:
The Agreement
''That the First Presbyterian church, a
corporation, conveys to a trustee named
by the Central Presbyterian and the First
Presbyterian churches. not a corporation,
the church property on the southeast cor
ner of Twentieth and Figueroa streets.
subject to a mortgage of $4,000, and pay
over to such trustee $4,000 cash; that such
trustee so selected forthwith pay $4,000 of
such sum to the Central church and $1,000
of such sum to the First Presbyterian
church, not the corporation, and to permit
the First Presbyterian church, not the cor
pOTdtlOH, 10 use Sdiu pTopeity ioA ohc , Sdh,
during which time all operating and fixed
expenses shall be paid by the latter organ
ization.
"At the end of one year the trustee shall
convey the church property to the First
Presbyterian church, not the corporation,
upon the receipt of 1900 from said church
for the tbenfit Of the Central church.
Otherwise to convey the property to
Central church, such settlement to release
the First Presbyterian church, the corpo-
ration and its trustees, of all liability, such
release to take effect as soon as the prop
erty is conveyed to the trustee and the
$4,000 has been paid"
The contract. Rev. Kipp said, is not alb
solutely binding, and has yet to be con-
summated by the parties interested. He
asked for the immediate discharge of the
provisional committee, remarking that If
their efforts so far do not bring about
settlement, there is 60 further need for
them to try. II the matter is adjusted, he
said, It will be en- eirely due to the efforts
and painstaking work of his committee.
He believed that the matter would have
been settled before this If the presbytery
had not acted as am intermediary.
No Security
The convention refused to discharge the
committee until the matter was ended,
upon the ground that their work was not
ended till then. Rev. Stewart said that
he had found it impossible to secure, the
natures of busness men to the proposed
guarantee of s2CkOO0. Those whom he saw
told him the Wes minister property would
cover the amormt of the bond, and. that
further surety was unnecessary, and - oud
not be asked fpr. The Central church
people then agreed to accept for security
the agreement worded as above, though
Rev. Stewart admitted it was in the nature
two factions have agreed upon these terms
for a settlement but il still remains for the
Individual members of the congregations
of these churches to rat:fy the actions Of
their delegates; if they do so, the matter is
finally settled. but If not strife Will again
commerce, and the controversy be carried
on to an indefinite end.
members will be held by both churches
The Westminster faction will hold theirs in
the First chnrch next Friday, April %, at
7:30 O'Clock, and the Central people in the
Y. NJ c. A. building next Wednesday
evening, April %.
And until that time this famous church
squabble hangs fire.
pastor of Emmanuel church, to preach at
the First church on the 24th, the meeting
adjourned 10 the evening session.