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for his 1/3 interest in the property in the bill & proceedings mentioned and to pay two thirds of this suit, and the said plaintiff by his counsel, having agreed to accept the said sum of three hundred dollars in full for his interest in said property and to pay on third of the costs of this suit, the said agreement when duly carried out to be in full settlement of all the differences between the said parties involved in this suit, the court doth approve and confirm the same.