Jasper County Democrat, Volume 10, Number 44, Rensselaer, Jasper County, 1 February 1908 — BOWERS DECIDES. [ARTICLE]

BOWERS DECIDES.

Says Creditors flust Accept Compromise IN THE DELOS THOMPSON MATTER. Creditors May Appeal From Decision II T) ie y Desire, If Done Within Ten Days. v After the usual long delay, Referee Bowers has at last decided the proposed compromise of the 154,000 Rensselaer Stock Farm indebtedness to the defunct McCoy bank, holding that the creditors must accept the SIO,OOO offered by Delos Thompson, one of the partners in the old Stock Farm,as full settlement of the claim sued,upon and which has been pending in court for some' two years or more, it now being in the Lake circuit court where it was taken on change of venue by Mr. Thompson from ' Jasper county. It was rumored two weeks ago that MF. Bowers had intimated that he would so decide this case as he “wanted to get it out of the way so he could attend to the Parker bank troubles.” As we understand, the creditors who oppose this compromise can, if they choose, appeal to Judge Anderson from Bowers’ ruling, and are given ten days under the law to appeal. Whether they will do so or not we are unadvised, but as shown by this paper when the matter was first referred to Mr. Bowers, an overwhelming number of the bank ereditors —102, representing some $131,000 —remonstrated against accepting the compromise, to some 17 creditors and $54,000 represented on the pe-, tition to accept. Of the latter more than one-half were relatives and business associates of Mr. Thompson.