Banks and banking -- France -- History -- 19th -- Fiction
Saccard positively insisted upon Hamelin presiding. He himself had
voluntarily disappeared among the crowd. He had put down the engineer's
name and his own for five hundred shares apiece, which were to be paid
for, temporarily at all events, by a manipulation of accounts. All the
members of the syndicate were present: Daigremont, Huret, Sédille,
Kolb, and the Marquis de Bohain, each with the group of shareholders
marching under his orders. Sabatani, one of the largest subscribers,
was also noticed there, together with Jantrou, accompanied by several
of the higher officials of the bank, who had entered upon their
duties a couple of days previously. And all the decisions which had
to be arrived at had been so well foreseen and settled beforehand,
that never was there a shareholders' meeting at which more splendid
calmness, simplicity, and harmony were displayed. The sincerity of the
declaration that the entire capital had been subscribed, and that one
hundred and twenty-five francs per share had been paid on allotment,
was endorsed by an unanimous vote; and then with all solemnity the
company was declared to be established. Immediately afterwards came the
appointment of the board of directors, which was to consist of twenty
members, who, in addition to attendance fees, calculated at an annual
total of fifty thousand francs, were, according to the bye-laws, to
receive ten per cent. upon the net profits.
This was not to be despised, so each member of the syndicate had
insisted upon having a seat on the board; and naturally, at the
head of the list of those who were elected, came Daigremont, Huret,
Sédille, Kolb, the Marquis de Bohain, and Hamelin, whom his colleagues
wished to appoint chairman, followed by fourteen others of minor
importance, selected from among the most subservient and ornamental
of the shareholders. At last Saccard, who so far had remained in the
background, came forward on Hamelin proposing him for the post of
general manager. A murmur of sympathy greeted the mention of his name,
and he also obtained a unanimous vote.
Public-domain text, read in full here on John Shaqi.
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