Canada -- Fiction; World War, 1914-1918 -- Canada -- Fiction
In the wreck of the business Mr. Gwynne's store, upon which the National
Machine Company had taken the precaution to secure a mortgage, was also
involved. The business went into the hands of a receiver and was bought
up at about fifty cents on the dollar by a man recently from western
Canada whose specialty was the handling of business wreckage. No
one after even a cursory glance at his face would suspect Mr. H. P.
Sleighter of deficiency in business qualities. The snap in the cold
grey eye, the firm lines in the long jaw, the thin lips pressed hard
together, all proclaimed the hard-headed, cold-hearted, iron-willed
man of business. Mr. Sleighter, moreover, had a remarkable instinct for
values, more especially for salvage values. It was this instinct that
led him to the purchase of the National Machine Company wreckage, which
included as well the Mapleton general store, with its assets in stock
and book debts.
Mr. Sleighter's methods with the easy-going debtors of the company in
Mapleton and the surrounding district were of such galvanic vigour
that even so practiced a procrastinator as Farmer Martin found himself
actually drawing money from his hoarded bank account to pay his store
debts--a thing unheard of in that community--and to meet overdue
payments upon the various implements which he had purchased from the
National Machine Company. It was not until after the money had been
drawn and actually paid that Mr. Martin came fully to realise the
extraordinary nature of his act.
“That there feller,” he said, looking from the receipt in his hand
to the store door through which the form of Mr. Sleighter had just
vanished, “that there feller, he's too swift fer me. He ain't got any
innards to speak of; he'd steal the pants off a dog, he would.”
The application of these same galvanically vigorous methods to Mr.
Gwynne's debtors produced surprising results. Mr. Sleighter made
the astounding discovery that Mr. Gwynne's business instead of being
bankrupt would produce not only one hundred cents on the dollar, but a
slight profit as well. This discovery annoyed Mr. Sleighter. He hated
to confess a mistake in business judgment, and he frankly confessed
he “hated to see good money roll past him.” Hence with something of a
grudge he prepared to hand over to Mr. Gwynne some twelve hundred and
fifty dollars of salvage money.
“I suppose he will be selling out his farm,” said Mr. Sleighter in
conversation with Mr. Martin. “What's land worth about here?”
“Oh, somewhere about a hundred.”
“A hundred dollars an acre!” exclaimed Mr. Sleighter. “Don't try to put
anything over on me. Personally I admire your generous, kindly nature,
but as a financial adviser you don't shine. I guess I won't bother about
that farm anyway.”
Public-domain text, read in full here on John Shaqi.
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