Get-Rich-Quick Wallingford: A Cheerful Account of the Rise and Fall of an American Business BuccaneerChester, George Randolph
General
Get-Rich-Quick Wallingford: A Cheerful Account of the Rise and Fall of an American Business Buccaneer
Chester, George Randolph
Businessmen -- Fiction; New York (N.Y.) -- Fiction; Swindlers and swindling -- Fiction
"Well, naturally, to have a safe understanding you'd have to," admitted
the promoter.
"Let me see the agreement."
J. Rufus drew a long breath and chuckled.
"You're a regular insister, ain't you?" he said as he drew a carbon copy
of the agreement from his pocket.
Mr. Meers read the paper over twice. The wine was brought to their table
and served, but he paid no attention to the filled glass at his elbow.
He was reading a certain portion of that agreement for the third and
fourth time, but at last he laid it down on the chair beside him and
solemnly tilted his hat to Mr. Wallingford.
"You're an honor to your family," he announced. "I didn't suppose there
were any more games left, but you've sprung a new one and it's a peach!"
Wallingford strove to look magnificently unaware of what he meant, but
the attempt was a failure.
"The scheme is so smooth," went on Mr. Meers with a heartfelt
appreciation, "that it strained my eyesight to find the little joker;
but now I can tell you all about it. It's in the transfer of the stock,
and here's what you do. The consolidation buys my place for, say, five
thousand dollars, and gives me five thousand dollars' worth of stock in
the consolidation for it. That's what this paper seems to say, but
that's not what happens. It's _you_ that buys my place for five thousand
dollars and gives me five thousand dollars' worth of stock in the
consolidation for it, and _you_, being then the temporary owner through
a fake trusteeship, turn around and sell my business to the
consolidation, the management of which is in your flipper through a
board of dummy directors, for _ten_ thousand dollars; and you have our
iron-clad contract to let you do this, though it don't say so! When you
get through you have consolidated a hundred and twenty-five thousand
dollars' worth of business into a two-hundred-and-fifty-thousand-dollar
stock company, and you have a hundred and twenty-five thousand dollars'
worth of stock which didn't cost you a cent! Say! Have this wine on me.
I insist! I want to buy you something!"
Slowly Mr. Wallingford's shoulders began to heave and his face to turn
red, and presently he broke into a series of chuckles that expanded to a
guffaw.
"I don't see how I ever won that five hundred from you this afternoon,"
he observed, and shook again.
"The pleasure is all mine," said the loser politely. "Now I'm sorry it
wasn't a thousand. You're worth the money and I'm glad I came to see
you. Count me in on the Retail Cigar Dealers' Consolidation."
"All right, sign the paper," said Wallingford with another chuckle.
"Watch me sign it not," said Meers. "I'm too patriotic. I'm so patriotic
that I hate to see all this good money go to a stranger, so I'm going to
take sixty-two and one half thousand dollars' worth of that free stock
myself. I declare myself in. You hear me?"
By the time Mr. Meers was through talking Wallingford was delighted so
far as surface went, though he was already doing some intense figuring.
Public-domain text, read in full here on John Shaqi.
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