Finger Posts on the Way of Life by T. S. (Timothy Shay) Arthur
page 60 of 232 (25%)
page 60 of 232 (25%)
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best, and at once obtain your money."
"Suppose neither of them have any property?" "I take very good care not to accept bad security. Besides, you will find but few persons out of whom fifty dollars, or less, may not be obtained, under the pressure of an execution." "I like the idea amazingly," said Wolford, thoughtfully. "Forty per cent. per annum! Capital! I will buy judgments." "I have two hundred dollars' worth in my desk now, which I have directions to sell. Do you want them? They have six months to run. Twenty per cent. off will be just forty dollars--here they are." Wolford carefully examined the documents which the magistrate placed in his hands, and, after considering the subject for some time, said that he would buy them. His check for one hundred and sixty dollars was received by the magistrate, and the judgments became his property. "It's even better than forty per cent. per annum," remarked the magistrate, as he folded up the check be had received. "How so?" "You make over fifty-five per cent." "Indeed!" |
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