Lincoln County times. (Jerome, Idaho) 1911-1919, 1913-12-18
The Passing Of the Kuhns.
Enter New Organization


not in any position to meet their
obligations to the company, and
that if the bondholders expected to
realize on their investments here
some method must be provided
whereby the settlers could be given |
an extension of time on their pay
ments
1t was along this line that the |
discussion proceeded, it being the
desire of the committee that the
Canal Users Association prepare a
proposition to be presented in writ
ing to the committee, dealing with
the matter of extensions. In order
that some tentative agreement could
be reached as to what this PROPOSE
ton should contain, various ques-
tions relative to the tract were taken
up and discussed in the most
friendly spirit, the committee show
ing n desire to meet the settlers even
more than half way in the settle
ment Of this vexing trouble.
Mr.. Shepherd on behalf of the
committee presented an outline on
the proposition of extensions which
he thought the committee would be
willing to accept. He stated en-
phatically that it was the desire Of
the committee to wash the slate
clean of any past difficulties, and
commence anew, and to carry out
this plan all Indebtedness incurred
by the settlers against his land
would be computed and placed in
one obligation, the same to bear in
terest at go pryable annually, nc
payment to be made on the princi-
pal for five years, after which pay
ments on the principal would com
3 mence, gradually increasing eaci
{ year, until the tenth year, when th'
obligation would be fully paid.
The general features of this eI
{ tension OF course met with thu
% hearty approval of the delegation
{ AS we believe they do with ever,
land holder on the tract. Their
&c are, however, several details III con
nection with it that had to be dis
's cussed, all Of which were settled
'e very satisfactorily to all, excepting
"a perhaps it be in regard to the mat
u ter of interest q. claimed in tn
III Ransom case now in the hands Q
' Judge Walters for consideration
T. This. however, we believe will be q
&c satisfactorily settled as the othe
y, details.
~ The bondholders on their pal
-. agree to complete the system as pre-
- vided for in the contract, includin
the completion of the Jackson LAX
dam, which means so much to tn
:, tract.
Not wishing to take the respons
,o bility of so great question upo
their shoulders, the delegatlo
80 thought best to have full meetin
,,r of the board, together with some
- the most interested land holders o
the tract. and this meeting WI
=; held Monday at this place, beir
o. attended by land holders from Wei
"a dell and other portions of the trac
-. and at which meeting the action
~ the board was approved, the men
hers of the association present shoN
:, ING their confidence in the directo
- by giving them full power to pr
- ceed with the matter so we'll cor
be menced.
No. Time nor space would not perm
am us to 90 into all the details co
ler nected with this proposition for t
nd extension. Suffice it to say, we Il
oil that it is the most important al
ted encouraging item Of news that t
M Times has been privileged to pu
fol lisb for some time, and will be re
with much interest by not only G
rth hundreds of readers on the ira
bv but those who have holdings he
at who have delayed coming until su
,or- time as some such adjustment
me this was made. While we belle
md there will be no doubt of the car
skt .rnl