The Moneychangers by Upton Sinclair
page 123 of 285 (43%)
page 123 of 285 (43%)
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directors. They consisted of Montague and Curtiss and Ryder and
himself; a cousin of the latter's, and two other men, who, as he phrased it, were "accustomed to help me in that way." That left two places to be filled by Montague from among the influential holders of the stock. "That always pleases," said Price, succinctly, "and at the same time we shall have an absolute majority." There was to be voted an issue of a million dollars' worth of bonds, which the Gotham Trust Company would take; also a new issue of twenty thousand shares of stock, which was to be offered pro rata to the present stock-holders at fifty cents on the dollar. Montague was to state that his clients would take any which these stockholders did not want. He was to use every effort to keep the plan secret, and would make no attempt to obtain the stock-holders' list of the road. The reason for this came out a little later, when the subject of the old-time survey was broached. "I must take steps to get hold of those plans," said Price. "In this, as well as everything else, we proceed upon the assumption that the present administration of the road is crooked." The next matter to be considered was the charter. "When I get a charter for a railroad," said Price, "I get one that lets me do anything from building a toothpick factory to running flying-machines. But the fools who drew the charter of the Northern Mississippi got permission to build a railroad from Atkin to Opala. So we have to proceed to get an extension. While you are down there, Mr. Montague, you will see the job through with the Legislature." Montague thought for a moment. "I don't believe that I have much |
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