Deseret Evening News | 1908-04-03 | Page 1 | John Mulholland Offers a Compromise Scheme

JOHN OFFERS A COMPROMISE SCHEME Chicago April Irl 3 A dispatch to the from fum Danville ill says nays John 1 land who whit ho operated c INI in lit Kansas City jt St t Louts LouIs Cincinnati anti and antiNow Now NOl York und itutti Is to have hao se so secured le cured large haigo stains Bums trOll from Investors on various yesterday offered a 0 compromise which accepted by District Judge M Wright Mul holland acknowledged debts dolls aggregating trig ing IlS lie Ito will wi give 10 a l deed ded of ot lo to all 11 owned by 1 lily hiM hIl wife Ic gut ni security lurl for fOl bonds to tu be 10 Issued I by him fluid and which are aro Iro to be bearing end and for a ii period of ot 10 years lie le to pay i iy oC or his Indebted hess by h 1912 and tutu annual payments thereafter until the thu entire amount IH is II paid pahl up or 01 tho the litmus bonds mature In case caso ono iou Ull payment In IS I missed the tho court will wil and Uld take luke tIt charge of ot hil hl i prop property arty erty Lt ills His principal asset is 18 a IL ii lend lead leadmine mine at lit lt Ia ml Ing 1110 III 1 of o which liU hil wife rIfe owns tiR Mi per ter cent coni him him wit ault lt ins 11 that ho can cn ca pay 11 pa off or ar hula ilia Inde 1 In n hess leaa than nina tho 1 20 o under ndel t