'Very good. Would you have any objection to my seeing the papers that
relate to the mine? I should like to get the figures of the output as
nearly as possible, and any other particulars you may have that would
enable me to estimate the value of the property. Also I should like to
see a copy of the option, or the original document by which you hold
the mine.'
'Certainly; I shall be very pleased to give you all the information in
my power.' Wentworth turned to his desk and wrote for a few moments,
then blotted the paper he had been writing, and handed it to Longworth.
'You have no objection, before this is done, to signing this document,
have you?'
Longworth adjusted his one eyeglass and looked at the paper, which read:
'I hereby agree to do my best to form a limited liability company for the
purpose of taking over the Ottawa Mica-mine. I agree to pay my share of
the expenses, and to accept one-third of the profits.'
'No, I don't object to sign this, though I think it should be a little
more definite. I think it should state that the liability I incur is
to be one-third of the whole preliminary expenses, the other
two-thirds to be paid by Kenyon and yourself; and that, in return, I
am to get one-third of the profits, the other two-thirds going to
yourself and Kenyon. I think it should also state the amount of the
capital of the new company; two hundred thousand pounds was suggested,
if I remember rightly.'
'Very well,' answered Wentworth; 'I will rewrite that in accordance with
your wishes.'
This he did, and Longworth, again adjusting his eyeglass, read it.
'Now,' he said, 'as we are so formal about the matter, perhaps it would
be as well for you to give me a note which I can keep, setting forth
these same particulars.'
'Undoubtedly,' said Wentworth, 'I shall do that. Probably it would be
better for you to write the document to suit your own views, and I
will sign it.'
'Oh no, not at all. Write whatever is embodied there, so that you will
have one paper and I the other.'
This was done.
'Now then,' said Longworth, 'when does your option run out?'
Wentworth named the date.
'Who is the owner of the mine?'
'It is owned by the Austrian Mining Company, headquarters at Vienna, and
the option is signed by a Mr. Von Brent, of Ottawa, who is manager of the
mine and one of the owners.'
'You are perfectly certain that he has every right to sell the mine?'
'Yes; Mr. Kenyon's lawyer saw to that while he was in Ottawa.'
'And you are sure, also, that your option is a thoroughly legal
instrument?'
'We are sure of that.'
'Has it been examined by a London solicitor?'
'It has been submitted to a Canadian lawyer. The bargain was made in
Canada, and it will have to be carried out in Canada, under the laws
of Canada.'
'Still, don't you think it would be just as well to get the opinion of an
English lawyer on it?'
'I think that would be an unnecessary expense. However, if you wish to
have that done, we will do it.'
Public-domain text, read in full here on John Shaqi.
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