1288RESOLUTION NO. _\'�
',-;HEREAS, There is now pending in the Chancery Court
of ulaski County, ,rkansas, a certain cause, numbered 456629
wherein the City of Little Rock is plaintiff, and ',J'.E.Lenon., as
executor of the estate of Jean H. Coffman, deceased, together
with the various beneficiaries under the will of said Jean H.
Coffman, deceased, are defendants: and
"'T -i -" said cause and a subse-
quent upon- appeal thereof to the Supreme Court of -irkansas, it was
adjudged that the City of Little 7,ock should recover from
said defendants, for the use and benefit of the City 'Hospital,
all property belonginf to the estate of G.T.Coffman, deceased,
and remaining undisposed of by Jean H. Coffman during her
lifetime; and said cause vias remanded to the Chancery Court
with directions to ascertain the nature and value of such property,
and has since been pending for a trial of such issue; and
-THEREAS) the parties to said litigation hate agreed
up ,on a tentative compromise thereof, by the terms of which W.E.
Lenon, as executor of the estate of Jean 14. Coffman, deceased,
shall pay to the City of Little Rock, for the use and benefit of the
Cit r Hospital, the sum of 115,000.00 cash., in consideration whereof
a consent decree shall be entered in said cause, divesting out of
the City of Little Rock all of its right, title, claim and interest
in and to all property, real and personal, belonging to the estate
of C.T.Coffmanj deceased, and disposed of by the terms of his
will and codicil, and whereby the title of defendants to all such
property shall be quieted and confirmdd as against the City of
Li. the Rock;
NO71 THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
T1-17, CITY OF LITTLE ROCK:
section 1. The Cit.- attorney is hereby authorized and
directed to consummate said offer of compromise by accenting on
-1-
behalf of the City of Little Rock,
for the use and benefit of
the City Hospital., the sum of ;`'15,000.00 cash to be paid by
'.7.E.Lenon, as Executor of the estate of Jean H. Coffman,
deceased, in full settlement and satisfaction of the above mentioned
cause of action, and of all right, title, interest and claim of
the City in and to all property, real and personal, belonging
to the Estate of C'.TL.Coffman deceased, and disposed of by
the terms of his will and codicil.
Section 2. In order to carry said compromise agreement
into effect, the City Attorney is further authorized and directed
to enter into a consent decree in said cause, whereby said suit
shall be settled and compromised upon the terms and provisions
herein speci,fied.
Adopted May 8th,1933.
Altest
ity Cl
C,
Approved.
Mayor.
CU
%'P
10