3. Lastly, there was the matter of the C. C. and Q. L. Railroad, the major portion of the stock of which he and Frank O. Parm, of the Parm-Baggott chain of stores, had managed to get hold of by the simple process of buying a few shares and then bringing stockholders’ suits under one and another name in order to embarrass President Doremus and his directors, and frighten investors so they would let go of the stock. And this stock, of course, was picked up by Osterman and Parm, until at last these two became the real power behind the road and caused it to be thrown into the hands of a receiver and then sold to themselves. That was two years before ever Michael Doremus, the first president of the road, resigned. When he did he issued a statement saying that he was being hounded by malign financial influences and that the road was as sound as ever it had been, which was true. Only it could not fight all of these suits and the persistent rumors of mismanagement that were afoot. As a matter of fact, Mr. Doremus died only a year after resigning, declaring at that time that a just God ruled and that time would justify himself. But Mr. Osterman and Mr. Parm secured the road, and finally incorporated it with the P. B. & C. as is well known. III Some data taken from the biographic study of the late J. H. Osterman, multimillionaire and oil king, prepared for Lingley’s Magazine and by it published in its issue for October, 1917. In order to understand the late J. H. Osterman and his great success and his peculiar faults one would first have to have known and appreciated the hard and colorless life that had surrounded him as a boy. His father, in so far as I have been able to ascertain, was a crude, hard, narrow man who had been made harder and, if anything, cruder by the many things which he had been compelled to endure. He was not a kind or soft-spoken man to his children. He died when John Osterman, the central figure of this picture, was eleven. Osterman’s mother, so it is said, was a thin and narrow and conventional woman, as much harried and put upon by her husband as ever he was by life. Also there was one sister, unattractive and rough-featured, an honest and narrow girl who, like her mother, worked hard up to nineteen, when her mother died. After that, both parents being dead, she and her brother attempted to manage the farm, and did so fairly successfully for two years when the sister decided to marry; and Osterman consenting, she took over the farm. This falling in with his mood and plans, he ceased farming for good and betook himself to the Texas oil fields, where he appears to have mastered some of the details of oil prospecting and refining.