“All of us here,” began Sir Vernon, with a well-satisfied look round the table, “are such good friends that we can be absolutely frank one with another. I am an old man; and I expect that almost all of you have at one time or another wondered—I put it bluntly—what you will get when I die. It is very natural that you should do so; and I have come to the conclusion that you had better know exactly how you stand. Carter here has, of course, as my legal adviser, known from the first what is in my will; and now I want all of you to know, in order that you may expect neither too much nor too little. I fear I am still a moderately healthy old man, or so my doctor tells me, and you may, therefore, still have some time to wait; but at my age it is well to be prepared, and I felt that you ought not to be left any longer in the dark.” At this point several of Sir Vernon’s auditors attempted to speak, but he waved them into silence. “No, let me have my say without telling me what I know already,” he continued. “I know that you would tell me truly that nothing is further from your thoughts than to wish me out of the way. It is not because I am in any doubt on that head that I am speaking to you; but because this is a business matter, and it is well to know in advance what one’s prospects are. Listen to me, then, and I will tell you, as far as I can, exactly how the thing stands. “To several of you I have already made substantial gifts. You, John, and you, George, have each received £50,000 in shares of the Company. You, Joan, have £10,000 worth of shares standing in your name. These sums are apart from my will, and the bequests which I propose to make are in addition to these. “As nearly as Carter here can tell me, I am now worth, on a conservative estimate, some eight or nine hundred thousand pounds. Carter works it out that, when all death duties have been paid, there will be at least £600,000 to be divided among you. In apportioning my property I have worked on the basis of this sum. I have divided it, first, into two portions—£100,000 for smaller legacies, and £500,000 to be shared by my residuary legatees.