Westover of Wanalah: A story of love and life in Old VirginiaEggleston, George Cary
General
Westover of Wanalah: A story of love and life in Old Virginia
Eggleston, George Cary
Virginia -- Fiction
"The lawyers seem to have taken Jake Greenfield's counsel seriously, so
far at least as to send experts of their own to study the situation,
and these seem to confirm Jake's judgment. So do these other letters,
from the mining men who want to buy you out. I'll read them."
"Can't you summarize them in your own words, Jack?" interrupted Boyd.
"The thing doesn't greatly interest me, and--"
"Well, listen then, and perhaps I can awaken your interest. These
people it appears are amply backed by New York and Boston bankers. In
fact the bankers really constitute the company, and they seem to know
their own minds. They have spent some hundreds of thousands in setting
up machinery and all that sort of thing, and they say their mining
operations are paying heavy dividends--twenty-five or thirty per cent.
on their investment. But the richest leads or lodes or veins or
whatever they are called, lie beneath your land. You've got the blanket
and they only the fringe, as Jake picturesquely puts it. They want to
buy the blanket, or get in under it somehow, and they're prepared to
pay for what they want. They propose to organize a new company to work
the whole thing; they to put in their plant, their costly machinery,
their mining privileges and all their other assets, and you to put in
your mineral lands. They make you a flat offer of nine hundred thousand
dollars in money, and thirty-nine per cent. of the stock of the new
company, if you will join them in this project by ceding your lands,
mining rights, etc., to the joint concern. Perhaps they can be induced
to do better even than that, as they seem very eager, but that is what
they offer to begin with. It means fabulous wealth to you if their
hopes as to the profits of the new company are measurably fulfilled,
and even if they are not fulfilled at all it means that you can wear
Wanalah plantation as a watch charm for all your life to come. Isn't
that a fine prospect?"
Jack was disappointed in Boyd's reply. He had hoped that this startling
happening might awaken his friend to a new interest in life and life's
affairs, but, after swallowing two oysters and slowly sipping half a
glass of ale, the unfortunate young man said, in a melancholy tone:
"I suppose the thing ought to be looked into. If I were a free man
again, I'd make my way out into those wilds and see what could be done.
As it is--"
"As it is," broke in Jack Towns, "you're going to execute a sweeping
power of attorney authorizing me to act for you, and I'm going out
there. When you--well, I mean later,--you'll take hold of the thing
yourself, and those hustling fellows out there will wake you up, if I
can't. Go to bed now, if you feel like it. I'll prepare the power of
attorney and you can execute it at breakfast time. I must say you're
uncommonly bad company."
"I suppose I am," said Boyd as he shuffled off to his bedroom.
XI
THE EVENTS OF A MORNING
Public-domain text, read in full here on John Shaqi.
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