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ing the creditors thereof, and "WHEREAS. numerous meetings hereto been held by the parties and have with the above object in view, of "WHEREAS, the said party the his part is desirous of placing in such / personal first asets and property to condition that they may be applied of said discharge of the liabilities propthe and that said assets and bank, bank. become assets of said the erty be may distributed pro rata among by and creditors of said bank as provided law. and WHEREAS. said party of the util first -t desirous of securing the said 4 is payment to the creditors remain of & whatever sum may C creditors after the assets d have been realized upon the applied to the bank discharge bank. of and liabilities of said debts "NOW, THEREFORM it is the hereby first e that the said party of of and in g as a stockholder liabilities agreed part for consideration and considers- officer his f said bank. and in further the y of tion of the performance of by the terms said h parties of the second part agreement on conditions of this to and part to be performed, and agrees cause to their execute and deliver delivered make, made. executed and receiver to be said Rowe N. Pingrey. as deeds of aforesaid, the good and sufficient the said conveyance, duly conveying to af pre N. Pingrey, as receiver interest in Rowe all real estate and held said. estate owned, controlled first or part real the said party of the trustee for by individually or as corporation. either partnership or estate held any person, interests in real bank. and all for and on behalf of said held or by him estate owned, and all real any and all corporations controlled the by said Charles E. McCon- of of nell which owns or controls the estate majority herein the stock, said real being more paragreed to be conveyed follows: city ticularly described as 41. numbered 23. block 19 and "Lot Also lots 17. 18. to of Durango. block 8, Locke's second 'beginning addition 20. S.1/2 tract street Farmington; north line of Animas at its a point on town of Farmington, west line in the of intersection with the thence runpoint N.E.1/4 16-29-13, north. of S.E.1 to a point 7 chains east ning north corner of said subdivision, north line west 96% links south to in San 5 chains of beginning. all to a place territory of New Mexico. stock Juan "Excepting county. from the above McConell the by said Charles E. company owned in Ely Revenue Copper considerathe said McConnell in make, "The of above agrees that he party will of the execute Rowe N. tion and deliver to Pingrey, second part or to bond in good and satisfactory himself receiver, of $100,000. signed that by said his the sum conditioned devote as surety, McConnell will to the Charles E. energy and ability out of entire time, management and carying the ob proper and conditions and of by pay the terms of this contract received. ligations immediately. when second part, ing the over said party of the receiver, or his to Rowe N. Pingrey, derived by him successor. lease or or all sums any other from the sale or interest he has of means, or from any the said Ely Revenue other can control from property or any or control Copper company stocks of which he may be in property possessed or obtain or so much come amount of $100,000 to dia of to the as shall be sufficient aforesaid thereof the indebtedness, indebtedcharge any, and said from said bank if cent interest fully date ness of to suspension bear 5 per of bank until furpaid. said party of consideration afor the first part "The agrees for the from the hold ther that he will secure indebtedness, said. of the following discharge of said proper ers release and against said bank, and indebtedness receiver, as releasing their and claims quitthe said their and each of in the dis. claiming demands to participate property, tribution and of said assets and to-wit: claims of Frank county Goodman of "The treasurer for the the sum of $7. county Plata, amounting to of the state trease of the $5,000. 870.86. The state claim of Colorado. amount K urer ing to the claim sum of of Charles of E. McConnell. $8,348.23. d 1amounting "The to the Thos. sum H. McConnell, "The claim of of the first part, , in amounting 3, brother of the addition party to the sum of Whitney, 8 $2,200. "The claim of sum A. of H. $2,472.78. b 8 amounting to the May Day Gold d of $2,313.61. 1 Mining "The company, claim of the amount to the sum fur n party of the first part afore d "Said agrees for the consideration deliver to the said receiver said. an order on the - the ther to make and First National
