Businessmen -- Fiction; Married people -- Fiction; New York (N.Y.) -- Fiction
Despite the gray at his temples, Lawrence Macgowan possessed a charm
of personality, a steely keenness of intellect, a direct force of
character, which dominated all who came in contact with him. Being
quite used to making this impression, he made it the more readily.
Men said of Macgowan that he disdained politics, had refused a
supreme court appointment, and preferred corporation law to marriage
as a means of advancement. True,--perhaps. Among the doctors of the
law, among those upright ones who lived rigorously by legal ethics
and by ethical illegality, Macgowan moved as a very Gamaliel, honored
in the Sanhedrim and respected by all those whose fortunes his brain
had made.
Men said, too, that some day he would set that brain to making his
own fortune.
"Then," Dorothy was inquiring, "you and Reese are looking this very
minute for some new business to take hold of? And you haven't found
one?"
Macgowan evaded, smilingly. His whole person seemed to radiate that
smile as some rich crystal radiates and warms the sunlight, and when
he thus smiled all the strong lines of his face were softened; his
level gaze lost its almost harsh intensity and became winning,
genial, intimate.
"We're not looking, exactly," he said. "You see, we're more sought
after than seeking--though I should not include myself. Reese is the
whole thing. It's his genius that is the very breath of life in
Consolidated. Do you know that he's put nearly sixteen thousand
investors on our books by his sheer selling ability? He has actually
sold himself to them. All small ones, people who can invest only a
few hundred dollars each year. That is more than an accomplishment;
it is a triumph!"
The girl's cheeks were flushed, her blue eyes shone like stars.
"But it's your help, your faith and backing, which made such big
things possible for him. To think that he's been in New York only a
year or two! To think where he will be after ten years--" Dorothy
broke off, caught her breath sharply, and laughed at her own
enthusiasm. "Oh, I'm intoxicated with the very thought of what he's
accomplished and what he will accomplish! Now tell me about the
companies you-all handle. Do you buy them and then sell them later
for more money?"
Macgowan shook his head. "No. A manufacturing concern, let us say,
is poorly managed yet essentially sound. We buy it. We reorganize
it. Consolidated Securities owns it and continues to own it. A
minority of the stock is sold to our investors, to the people who own
Consolidated stock. It is their privilege to buy stock in this
subsidiary company--"
"The preferred stock?" cut in Dorothy. Macgowan chuckled at her
sapient air.
Public-domain text, read in full here on John Shaqi.
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