Capitalists and financiers -- Fiction; Chicago (Ill.) -- Fiction; Psychological fiction
“I think so myself,” replied Mr. Schryhart, who was broad-shouldered,
square-headed, black-eyed, and with a short black mustache gracing a
firm upper lip. He had hard, dark, piercing eyes. “I see by the papers,
if they can be trusted,” he said, coming direct to the point, “that you
are interesting yourself in local gas. Is that true?”
“I’m afraid the papers cannot be generally relied on,” replied
Cowperwood, quite blandly. “Would you mind telling me what makes you
interested to know whether I am or not?”
“Well, to tell the truth,” replied Schryhart, staring at the financier,
“I am interested in this local gas situation myself. It offers a rather
profitable field for investment, and several members of the old
companies have come to me recently to ask me to help them combine.”
(This was not true at all.) “I have been wondering what chance you
thought you had of winning along the lines you are now taking.”
Cowperwood smiled. “I hardly care to discuss that,” he said, “unless I
know much more of your motives and connections than I do at present. Do
I understand that you have really been appealed to by stockholders of
the old companies to come in and help adjust this matter?”
“Exactly,” said Schryhart.
“And you think you can get them to combine? On what basis?”
“Oh, I should say it would be a simple matter to give each of them two
or three shares of a new company for one in each of the old. We could
then elect one set of officers, have one set of offices, stop all these
suits, and leave everybody happy.”
He said this in an easy, patronizing way, as though Cowperwood had not
really thought it all out years before. It amazed the latter no little
to see his own scheme patronizingly brought back to him, and that, too,
by a very powerful man locally—one who thus far had chosen to overlook
him utterly.
“On what basis,” asked Cowperwood, cautiously, “would you expect these
new companies to come in?”
“On the same basis as the others, if they are not too heavily
capitalized. I haven’t thought out all the details. Two or three for
one, according to investment. Of course, the prejudices of these old
companies have to be considered.”
Cowperwood meditated. Should or should he not entertain this offer?
Here was a chance to realize quickly by selling out to the old
companies. Only Schryhart, not himself, would be taking the big end in
this manipulative deal. Whereas if he waited—even if Schryhart managed
to combine the three old companies into one—he might be able to force
better terms. He was not sure. Finally he asked, “How much stock of the
new company would be left in your hands—or in the hands of the
organizing group—after each of the old and new companies had been
provided for on this basis?”
“Oh, possibly thirty-five or forty per cent. of the whole,” replied
Schryhart, ingratiatingly. “The laborer is worthy of his hire.”
Public-domain text, read in full here on John Shaqi.
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