Businessmen -- Fiction; Married people -- Fiction; New York (N.Y.) -- Fiction
Nor did the committee end here. To the stockholders they presented a
constructive program, with guarantees that the proxies would be used
to put it into effect. The chief points of this program were the
removal of the present management, a strict investigation of the
company's affairs, and an enforced accounting for misused funds.
Through all these weeks of campaigning swept the battle-cry of "Show
the books!"--a cry to which Findlater turned a deaf ear. Neither he
nor Macgowan were insensible to the danger that threatened them,
however.
They darted forth sudden and vicious attacks in a desperate effort so
to discredit Armstrong and his associates that the investors would
withhold proxies from them. The hand that launched these attacks was
that of Findlater, but the brain behind them all was that of
Macgowan, bitter and virulent. In half a dozen states Macgowan was
seeking to obtain indictments against Armstrong on any sort of
charge--but Armstrong, too, was fighting. Dorns and his men were
vigilant, Mansfield was quick to parry and strike back. So
transparent were the artifices of Macgowan that Armstrong was almost
lulled into a feeling of security.
The tide steadily set in favor of the Protective Association. The
body of stockholders were whipped into a frantic condition; suit and
counter-suit, charge and counter-charge, all contributed to lash them
into wild alarm. Upon some the crafty wiles of Macgowan prevailed;
his campaign for proxies was reaching a desperate climax. The
majority, however, came to realize the actual facts, and the magic of
Armstrong's name and personality was not lost. For, despite the most
incredible efforts, Macgowan was unable to discredit this man who had
been his friend. One would have said that every move of Macgowan's
was blocked by some invisible hand, or was brought to fruitless issue
by some unseen agent.
By the final week in March, the campaign ended. Weary, still athrill
with the fight they had waged, the committee of three returned to the
city, ready for the meeting at Wilmington. Armstrong had remained in
charge of the home offices, attending to the vast detail work that
was necessary. Now, when he came to check up with his associates,
they found cause for exultation indeed.
"Nearly all the outstanding shares," said Judge Holcomb, as they went
over the lists, "are owned in lots of one or two. So far, we seem to
be in control of a good ten thousand votes--"
"And more coming in with every mail," put in Sessions. "Besides what
we've bought up in the open market. How does she stand, Armstrong?"
"A total of thirty-five thousand outstanding," said Armstrong, who
knew the figures by heart. "At this minute we own or control twenty
thousand."
There was a moment of silence. Then Mansfield, who was present,
intervened to cut short the jubilant expressions of victory.
"Including those in the voting trust?"
"Yes. Three thousand there."
Public-domain text, read in full here on John Shaqi.
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