2 DocuMKNT N<i. 25. [Session
renewed from time time, and closed linallj aLont 10 o'clock,
Monday night. The terms there agreed and snbscribed by all
parties or the attorneys fur tlie absent ones, were the next day
made in five agreements, and all signed except by Gen. Davis,
Agent North for the Florida Kailroad Company and for Gen.
Littlefield. Ho was prevented by a sudden attack ot illness.
One copy will be forwarded on his signature being had and
and that of S. W. Hopkins, whose attorney, had signed, but
proposed that he should alone execute it on his expected
return on to-day.
In the report I omitted to state that the sale of the Swepson
land had been postponed tor six months, as part of the agree-ment
on M'hich he paid about $184,000. Since then the moun-tain
tracts in the deed in trust have been contracted to Col.
Steers & Co at $100,000, payable in six months from June
last. This Mr. Swepson procured^ by consent of the trustees
and raih'oad company. The ability of the purchasers to pay
may not be certain, but if carried out, the mortgaged premises
would probably pay the note intended to be secured thereby at
f 104,000 ; otherNvise, the land, if sold at auction, may not pay
the half of the debt. The other claim in suit against Mr.
Swepson in Wake Superior Court for $87,000, is referred to
Judge Battle and Gov. Bragg to sue. Having used over
$225,000 with almost a certainty ot $300,000 at any early day,
with reasona])le hope ot other $300,000 in this last agreement
to compromise. It these last claims on Mr. Swepson turn out
as expected, it will be seen that about a million of dollars will
yet be realized from these lands so generally pronounced worth-less.
If anything shall be saved of the money for Judge
Keade by Gen. Littlefield as President, say from two to three
hundred thousand dollars, it will be in addition to the sum here
relied on. I am now satisfied that Gov. Reid will not sur-render
him to answer for crimes in Xorth Carolina, at any
rate, not until they fall out again. It is therefore intended to
hold him to bail in the Federal Court in Florida. This may
prevent a compromise, as it is believed that Calvin Littlefield
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