"We have decided, Mr. Knapp," he began, "to ask you to be our superintendent, provided of course the company is formed. We feel sure that your best efforts will be expended in our behalf, because your interests will be ours." Then he went on briefly to flatter Billy exceedingly, until that individual was ready to weep with joy. "Our proposition is this," he concluded. "We intend to form a stock company of two hundred thousand shares at one dollar a share, non-assessable. Of this amount a majority will be held by the promoters of the company, some other smaller amount will remain in the treasury, and, say, fifty thousand will be floated on the market. Our offer is, to make you superintendent at a nominal salary of five thousand, and to give you in addition thirty thousand promoter's shares as your price of the claims. These shares you may either sell or keep. Thus you may either take a certain sum of money, or you may pool your interests with ours, confident that every good showing made by you as superintendent will increase the value of your holding as participator in the enterprise. In other words it gives you a personal interest in your work here. What do you say?" "Heads I win, tails you lose," said Lafond over in the corner, but he said it under his breath. To Billy it was all gorgeous. He saw only that he was offered thirty thousand dollars and five thousand a year, in addition to keeping the position of prominence he coveted. To him the paper dollar shares looked as good as paper dollar bills. "What do I say?" he cried, "I say 'put her thar,' and thank you. Let's go have a drink!" So the meeting adjourned, wonderfully inspirited, especially Michaïl Lafond, for at last he saw a chance. As he looked up at the stars that night before turning in, he made a quaint little sign on high. It was the Indian gesture of worship. "Lafond," he purred to himself, "you are a fool for luck. Rippling Water used to say you were born under a lucky star, and by the Turtle, I believe she was right!" For though the Easterners thought they had done well in paying Billy with a paper futurity, Lafond saw two sides to the question. The meeting had been conducted, apparently, in the most business-like and painstaking manner, yet it was to be noted that the fundamental facts, the facts on whose accuracy depended the whole value of the subsequent figuring, were accepted on Billy's mere say-so, without an attempt at outside verification. Billy was honest, but he was superficial. His temperament did not force him to search out the little details. Michaïl Lafond was in the habit of searching them out very thoroughly.