Capitalists and financiers -- Fiction; Psychological fiction
But all without avail. All were interested, considerate; but things
were very uncertain. The Girard National Bank refused an hour’s grace,
and he had to send a large bundle of his most valuable securities to
cover his stock shrinkage there. Word came from his father at two that
as president of the Third National he would have to call for his one
hundred and fifty thousand dollars due there. The directors were
suspicious of his stocks. He at once wrote a check against fifty
thousand dollars of his deposits in that bank, took twenty-five
thousand of his available office funds, called a loan of fifty thousand
against Tighe & Co., and sold sixty thousand Green & Coates, a line he
had been tentatively dabbling in, for one-third their value—and,
combining the general results, sent them all to the Third National. His
father was immensely relieved from one point of view, but sadly
depressed from another. He hurried out at the noon-hour to see what his
own holdings would bring. He was compromising himself in a way by doing
it, but his parental heart, as well as is own financial interests, were
involved. By mortgaging his house and securing loans on his furniture,
carriages, lots, and stocks, he managed to raise one hundred thousand
in cash, and deposited it in his own bank to Frank’s credit; but it was
a very light anchor to windward in this swirling storm, at that. Frank
had been counting on getting all of his loans extended three or four
days at least. Reviewing his situation at two o’clock of this Monday
afternoon, he said to himself thoughtfully but grimly: “Well, Stener
has to loan me three hundred thousand—that’s all there is to it. And
I’ll have to see Butler now, or he’ll be calling his loan before
three.”
He hurried out, and was off to Butler’s house, driving like mad.
Chapter XXVI
Things had changed greatly since last Cowperwood had talked with
Butler. Although most friendly at the time the proposition was made
that he should combine with Mollenhauer and Simpson to sustain the
market, alas, now on this Monday morning at nine o’clock, an additional
complication had been added to the already tangled situation which had
changed Butler’s attitude completely. As he was leaving his home to
enter his runabout, at nine o’clock in the morning of this same day in
which Cowperwood was seeking Stener’s aid, the postman, coming up, had
handed Butler four letters, all of which he paused for a moment to
glance at. One was from a sub-contractor by the name of O’Higgins, the
second was from Father Michel, his confessor, of St. Timothy’s,
thanking him for a contribution to the parish poor fund; a third was
from Drexel & Co. relating to a deposit, and the fourth was an
anonymous communication, on cheap stationery from some one who was
apparently not very literate—a woman most likely—written in a scrawling
hand, which read:
Public-domain text, read in full here on John Shaqi.
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