426 



other basis, by what process do you bring $15,000 into this calcu, 

 lation ? 



A. The valuation of these lands. 



Q. Figuring the valuation of those lands at $15,000 ? 



A. Yes. 



By Mr. Davie: 



Q. Who was to pay the $15,000 after the expenses of the ,suit and 

 after the taxes was deducted, you say you divided the balance in two 

 parts ? 



Mr. Adams. — Pour parts. 



Q. I will speak first of the land in suit, 7,500 acres, and the proposi- 

 tion was you were to pay the expenses and pay the taxes and pay 

 one-fourth of the value of the 7,500 acres, which was estimated at 

 $15,000? 



A. That aint just right;, the Comptroller would get about $11,000 to 

 redeem ( this southeast quarter ; the balance would be about $4,000, 

 and that would be divided equally between us. ' 



By Chairman By an: 



Q. Do we understand it this way, that the value of these lands was 

 estimated, the real value of these lands were estimated at $15,000 ? 

 A. Yes. 



Q. What you could get them for less than that ? 

 A. No, sir; that is what they were to be figured at anyway. 

 Q. That was the estimated value, or agreed upon value ? 

 A. Yes, sir. 



By Mr. Adams: 



Q. The taxes were to be paid into the Comptroller's office, which was 

 $11,000; that would leave $4,000; what was to be done with the $4,000? 



A. Equally divided between us. 



Q. Between you and Garmon ? 



A. Yes; the suit had been commenced; there hadn't been much of 

 any expense to it. 



By Chairman By an: 



Q. When you" say on the basis of so many thousand dollars you 

 mean that was the value of those lands as agreed upon between you 

 and Mr. Garmon? 



A. Yes, sir; the upset price. 



Q. And out of the value the taxes would be paid into the Comptrol- 

 ler's office, and the balance, some $4,000, was to be divided between 

 you and Mr. Garmon, which the State ought to have got ? 



