Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-21
Town Receives

l.. w. DlEO, CnG OF the dLLOL-
7eys for Brooks & Ross Lumber
Co., Menasha Wooden Ware Co,
md A. H. Stange Co. paid into
he Town aud County Treasury
he full amount Of the taxes as
sed against the SAID companies
nd two per cent, therecn Tor col
.ctors fees.
D. L. Riordan collected the full
mount oflbe Judgments against
.4- own on account e material
Led in the construction OF the
Dam, Power Plant and Transmits
ion Line and paid one fourth OF
he amount to the above named
X payers and the balance is &C
-eptad as payment n full of the
judgments against the town
which are fully satisfied. The
settlement Was made pursuant to
the following agreement which
was reached at Wausau last Mon
day:
Wausau, Wis, May 18th, 1909.
MEMORANDUM OF AGREEMENT
FOR SETTLEMENT OF EAGLE
RIVER, TAX PAYERS SUITS.
The parties represented by sigma
lures below, have this day agreed thus
for the settlement OF the suits by Brooks
x Ross Lumber Co., Menasha Wooden
ware Co, and a, II. STANCE Co, against
he Town of Eagle River, ct al, and
ne matters therein involved, as fol-
.Ows:
The parties who have unpaid claims
lied are to accept in satisfaction Of
hose judgments seventy-fve per cent.
IF the amount in the TAX roll therefor,
the plaintiff to receive the benefit Of
be discounted twenty-five per cent.
The parties who have unpaid claims
i1.a but not in Judgment are to accept
for their claims seventy-hve per cent,
in satisfaction thereof, to be for the
benefit of all tax payers.
This settlement is to be accomplished
III substantially the following manner:
The Judgment creditors are to send
by appropriate means TO Eagle River
proper sabiSfactiOns Of their Judgments
with arrangements that they may be
delivered for filing upon payment to
each of seventy-fve per cent. of the
amount in the tax roll therefor, and
when delivered are TO be filed by the
Town Clerk in the proper clerk OF the
courts office.
The plaintiffs are to pay the amount
Of tax assessed against their lands with
TWO per cen fees. which is to be re-
ceived by the town in satisfaction of
the tax liens. and the leyies made re-
leased. The plaintiffs are to receive
.wenty five per cent. discounted on
Judgments from said Judgment cred
tors.
The tax sale of the STANCE lands is
o be adjourned and the county eqLall-
z4sion committee, requested by the
Eagle River Town Board, to release
he lien Of those taxes on receipt OF
be face of the tax and two per cent.
The claimants whose bills are filed,
"a. not in Judgment, and who are part
.es to this agreement, may take Judg-
Ient for three-fOurths the amount OF
heir claims and disbursements of suit,
which if it can be arranged is to be III
1ue Judgment, after assignment OF the
Jyher claims TO one, such judgments TO
BE in tuli Of the claims filed.
. The pending suits are all to be dis
continued without costs to either party
As to all parties to the suits, excepting
Nb0 have not become parties to this
agreement, and as to such claimants,
not parties hereto are to be discOntln-
,eu a. - each upon his becoming
party hereto or making a similar ar
.angement.
The plaintiffs are to make no OPPOSE
lion to- Jhe pending legislation with ref
ere1cc 10 the Eagle River situation,
N1 especially bill 672A, and are 10 50
aT.Se any legislative committees to
Whom such Legislation may be referred
Brooks & Ross Lumber Co, Mena-
shat Woodenware Co, q a. II.
Nlange Company, by Kreutzer
Bird 4 ROsenbury.
Lau9stad 4 Meyer Company, by
y. d, Ryan.
Remaining Judgment Creditors, by
d. 4. Riordan.
Town of Eagle River, its officers,
and Morey and Beardsley, Strong
* Marley, Hail. Hirzel, Persohn
&c., Bank of Eagle River, by Amos
Radcliffe and Smart & Curtis.
Alteuberg and Ule, by Byron b.
Park.
Kellogg 60. & G. r. Foundry Co.,
or GOggins, Brazeau s Biere.
As will be observed, the agree
@c1t IS most advantageous TO the
Town which receives the full
-mouat of is 1903 tax and there
S also a 25 per cent reduction on
me claims lied which will more
man compensate the town for its