SEARCH
0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Prev | Current Page 362 | Next

Sinclair, Bertrand W., 1881-1972

"North of Fifty-Three"

But he didn't tell it all--his kind never does, not by a long
shot. They, the four of them, it seems, held a meeting as soon as I
shipped out that gold and put through that stock-selling scheme. That
was legitimate. I couldn't restrain them from that, being a hopeless
minority of one. Their chief object, however, was to let two or three
friends in on the ground floor of a good thing; also, they wanted each
a good bundle of that stock while it was cheap--figuring that with the
prospects I had opened up it would sell high. So they had it on the
market, and in addition had everything framed up to reorganize with a
capitalization of two hundred and fifty thousand dollars. This all cut
and dried before I got there. Now, as it originally stood, the five of
us would each have made a small fortune on these Klappan claims.
They're good. But with a quarter of a million in outstanding
stock--well, it would be all right for the fellow with a big block.
But you can see where I would get off with a five-thousand-dollar
interest. To be sure, a certain proportion of the money derived from
the sale of this stock should be mine. But it goes into the treasury,
and they had it arranged to keep it in the treasury, as a fund for
operations, with them doing the operating.


Pages:
350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374