COMPROMISE

An ·arrangement arrived at, either in court or out of court, for settling a dispute upon what appears to the parties to be equitable terms, having regard to the uncertainty they are in regarding the facts, or the law and the facts together. Colburn v. Groton, 66 N. H. 151, 28 Atl. 95, 22 L. R. A. 763; Treitschke v. Grain Co., 10 Neb. 358, 6 N. W. 427; Attrill v. Patters on, 58 Md. 226; Bank v. McGeoch, 92 Wis. 286, 66 N. W. 606; Rivers v. Blom, 163 Mo. 442, 63 s. w. 812. An agreement between two or more persons, who, for preventing or putting an end to a lawsuit, adjust their difficulties by mutual consent in the manner which they agree on, and which every one of them prefers to the hope of gain-. ing, balanced by the danger of ·1osing, Sharp v. Knox, 4 La. 456. In the civil law, An agreement whereby two or more persons mutually bind themselves to refer their legal dispute to the decision of a designated third person, who is termed "umpire" or "arbitrator." Dig. 4, 8; Mackelcl. Rom. Law, § 471. Com pro mi a.ril aunt Judices. Jenk. Cent. 128. Arbitrators are judges. COMP ROM IS SARI US, In U1e civil law. An arbitrator. COMP ROM IS SUM, A submJ ion to arbitration. Compro.:ml um ad ■lmllitudinem Ju• diciorum redigitur. A compromise is brought into affinity with judgments. Strong v. Strong, 9 Cush. (Mas~.) 571. COMPTE ARRi: TE. Fr. An account stated 111 writing, and acknowledged to be correct on its face by the party against whom it is stated. Paschal v. Union Bank of Louisiana, 9 la. An~. 484. [s. 241]