J. Poindexter, ColoredCobb, Irvin S. (Irvin Shrewsbury)
General
J. Poindexter, Colored
Cobb, Irvin S. (Irvin Shrewsbury)
African Americans -- Fiction; New York (N.Y.) -- Fiction
It seems, furthermore, that Mr. Raynor ain't actually been selling as
many oil stocks in the general market as he has let on. Leastwise, that
is what Mr. Dallas suspicions, even if he can't prove it. When first
they went into partners together last August, Mr. Dallas tells me he put
up a large jag of money for his half-interest. He was content to let Mr.
Raynor manage the business and keep the run of the books and all that,
seeing as how Mr. Raynor had the experience in such matters and he
didn't. Anyhow, he felt most amply satisfied with the gratifying amounts
which Mr. Raynor kept handing over to him, saying it all was from the
profits. But this very day there's been a show-down at the office
growing out of Mr. Raynor having called on him to put up another big
chunk of cash for running expenses, and whilst all the figures and all
the details ain't been made manifest to Mr. Dallas yet, he's got mighty
strong reasons to believe there really wasn't no profits to speak of and
that the money he's been drawing out all along was just his own money,
which Mr. Raynor let him have it in order to keep him happy and
contented whilst he was being sucked in deeper and deeper.
And so now, Mr. Dallas says, that's how it stands. If he goes on and on
along the way he seems to be headed it's only a question of time till
all his money will be plumb drained from him. He tells me that he'd be
willing to pull out now and take his losses and charge 'em up to the
expenses of getting a Wall Street education only, he says, he can't. I
asks him then what's the reason he can't? He says because when the
papers was drawed up--by Mr. Raynor--he obligated himself in such a
twistified way that it seems he's bound hard and fast to stick to the
bitter end. Of course, he says, he might start a lawsuit and throw the
whole thing into the courthouse, but, even so, he's afraid he wouldn't
have a leg left to stand on by reason of his having tied himself up so
tight in writing; and anyway, he says, before he got through with a
lawsuit most doubtless the lawyers would have all the leavings.
To myself I says there is still another reason. I knows how much it
would hurt Mr. Dallas' pride to have all the folks down home finding out
that he's made another disasterful move in business. By roundabout ways
it has come to my ears that he's been writing letters back telling about
how well he's doing up here in New York and now, if it should come out
in the papers that he's made one more bad bustup on top of all them
finance mistakes he committed before he come North, and he should have
to go South again, broke and shamed at being broke, I reckons it would
just about kill him. Besides which I knows full well from hearing Judge
Priest talking in the past, that even in medium-sized towns lawyers is
plenty costive persons to hire for an important lawsuit, and in the
biggest town of all, where the lawyers naturally run bigger, they'd cost
a mighty heap more.
Public-domain text, read in full here on John Shaqi.
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