Banks and banking -- France -- History -- 19th -- Fiction
Maxime, who was slowly walking up and down, turned round with a start,
and planted himself in front of his father. 'Oh no, indeed! Do you take
me to be a fool?' he asked.
Saccard made an angry gesture, for he found the answer sadly
disrespectful and witty. He was on the point of shouting that the
affair was really a superb one, and that he, Maxime, credited him with
little common sense if he imagined him to be a mere thief like others;
but as he looked at the young fellow, a feeling of pity came over him
for this poor boy of his, who at five and twenty was already exhausted,
worn-out, settled down, and even avaricious--so aged by vice, so
anxious as to his health that he no longer ventured on any expenditure
or enjoyment without carefully calculating the profits that might
accrue to him. And thereupon, thoroughly consoled, quite proud of the
passionate imprudence which he himself displayed at the age of fifty,
he once more began laughing, and tapped his son on the shoulder: 'Come,
let's go to breakfast, my poor youngster, and mind you are careful of
your rheumatism.'
Two days later, October 5, Saccard, accompanied by Hamelin and
Daigremont, repaired to the offices of Maître Lelorrain, notary, in
the Rue Sainte-Anne, and there executed the deed which established the
joint stock company of the Universal Bank, with a capital of five and
twenty millions of francs, divided into fifty thousand shares of five
hundred francs each, a fourth part of the amount alone having to be
paid on allotment. The offices of the company were fixed at the Orviedo
mansion in the Rue St. Lazare, and a copy of the bye-laws, drawn up in
accordance with the deed, was deposited at Maître Lelorrain's office.
Then, on leaving the notary's, as it happened to be a very bright,
sunny autumn day, the three gentlemen lighted cigars, and slowly
sauntered homeward by way of the boulevard and the Rue de la Chaussée
d'Antin, feeling well pleased with life, and as merry as boys escaped
from school.
The initial general meeting was not held until the following week,
in a hall in the Rue Blanche which had formerly been used for public
balls, and in which a scheming individual was now endeavouring to
start a fine art exhibition. The members of the syndicate had already
disposed of those shares which they had taken, but did not wish to
keep for themselves; and there came to the meeting one hundred and
twenty-two shareholders, representing nearly forty thousand shares,
which should have given a total of two thousand votes, since twenty
shares were necessary to entitle one to sit and vote. However, as no
one shareholder was allowed more than ten votes, whatever might be the
amount of stock held by him, the exact total number of votes proved to
be sixteen hundred and forty-three.
Public-domain text, read in full here on John Shaqi.
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