Blow the Man Down, Holman Day [e ink epub reader TXT] 📗
- Author: Holman Day
Book online «Blow the Man Down, Holman Day [e ink epub reader TXT] 📗». Author Holman Day
did the idea happen to hit me, anyway? Oh, yes! Old Vose bragging to me that every stockholder in the Vose line was behind him, and that the annual meeting was about to come off, and then I would see what a condemned poor show I stood to get even the toe of my boot into the crack of the company door. He's a Maine corporation. I've known of cases where that fact helped a lot. There are plenty of ifs and buts in this thing, but here goes!"
He applied himself to one of the office telephones, asked for several numbers, one after the other, and put questions with eagerness and rapidity.
The information he received seemed to disturb him considerably. He came out of the booth and scrubbed his cheeks with his purple handkerchief.
"Their annual meeting at ten o'clock to-morrow morning, four hundred miles from here! Well, I suppose I ought to be thankful that it's not being held right now," Mr. Fogg informed himself, determined to fan that one flicker of hope with both wings of his optimism. "But I've got to admit that twenty-four hours is almighty scant time for a job of this sort, even when the operator is the little Fogg boy himself. Damme, I haven't come to a full, realizing sense yet of all I've got to do and how I'm going to do it."
He hurried out, dove into an elevator, and was shot down to the street.
He was lucky enough to find a taxi at the curb.
"Grand Central," he told the driver. "I've got five dollars that says you can beat the Subway express and land me in season for the ten-o'clock limited for Boston."
As soon as it became evident to Mr. Fogg that his driver had seen his duty and was going to do it, traffic squad be blowed, the promoter settled back, and his thoughts began to revolve faster than the taxi's wheels.
"It's going to be like the mining-camp 'lulu hand,'" was his mental preface to his plans. "It can be played only once in a sitting-in; it has got to be backed with good bluff, but it's a peach when it works. And what am I a promoter for? What have I studied foreign corporation laws for?"
Mr. Fogg took off his hat and mopped his bald spot, wrinkling his eyelids in deep reflection.
"The idea is," he mused, "I'm a candidate for the presidency of the Vose line at to-morrow's meeting. But I haven't been elected yet!"
However, Mr. Fogg's preliminary sniffing at the affairs of the Vose line had informed him where he could pick up at least ten scattered shares of their stock. He figured that before midnight he would have them in his possession. As to the next day and the next steps, well, the nerve of a real American plunger clings to life until the sunset of all hopes, even as the snake's tail, though the serpent's head be bruised beyond repair, is supposed to wriggle until sunset.
He despatched a telegram at New Haven. He received a reply at Providence, and he read it and felt like a gambler who has drawn a card to fill his bobtail hand. When a design is brazen and the game is largely a bluff, plain, lucky chance must be appealed to.
The telegram had been addressed to Attorney Sawyer Franklin, in a Maine city. It had requested an appointment with Mr. Franklin on the following morning.
The reply had stated that Mr. Franklin was critically ill in a hospital, but that all matters of business would be attended to by his office force, as far as was possible.
Attorney Sawyer Franklin, as Mr. Fogg, of course, was fully aware, was clerk of the Vose line corporation, organized according to the Maine law as a "foreign corporation," under the more liberal regulations which have attracted so many metropolitan promoters into the states of Maine and New Jersey.
XVIII ~ HOW AN ANNUAL MEETING WAS HELD--ONCE!
O, a ship she was rigged and ready for sea,
And all of her sailors were fishes to be!
Windy-y-weather,
Stormy-y-weather!
When the wind blows we're all together!
--The Fishes.
Fletcher Fogg, suave, dignified, radiating business importance, freshened by a barber's ministrations, walked into the Franklin law-offices the next morning at nine-thirty.
He announced himself to a girl typist, and she referred him to a young man who came forth from a private room.
"I have power of attorney from Mr. Franklin to transact his routine business," explained the young man. "Of course, if it's a new case or a question of law--"
"Neither, neither, my dear sir! Simply a matter of routine. But," he leaned close to the young man's ear, "strictly private."
Mr. Fogg himself closed the door of the inner office when the two had retired there.
"One of your matters to-day, I believe, is the annual meeting of the Vose line. I am a stockholder."
Fogg produced a packet of certificates and laid them on the desk.
"Are there to be any officers or other stockholders present?" he asked, showing just a bit of solicitude, in spite of himself.
"I think not," returned the young man. "Nothing has been said about it. The proxies and instructions have been sent in, as usual, by registered mail." He indicated documents stacked on the desk. "I was just about to begin on the matter."
"I suppose our proxies run to the clerk of the corporation, as usual, with full power of substitution, clerk to follow instructions," said Mr. Fogg, a bit pompously, using his complete knowledge of corporation routine.
"Yes, sir. We handle most of the corporation meetings that way when it's all cut and dried. In this case, it's simply a re-election of the old officers."
"Exactly!"
Mr. Fogg pulled his chair closer, dabbed his purple handkerchief on each side of his nose, and inquired, kindly and confidentially: "My son, what's your name?"
"David Boyne."
"Law student here--secretary, eh?"
"Yes, sir."
"Exactly--and a long, hard pull ahead of you. It's too bad you're not in New York, where a young man doesn't have to travel the whole way around, but can cut a corner or two. I could give you a lot of examples of bright young chaps who have grabbed in when the grabbing was good.
"But I haven't the time. You take my word for it. I'm a plain, outspoken business man, and I'm in with the biggest financial interests in New York. And I'm going to offer you the grandest opportunity of your life right now, David."
He picked up his certificates and arranged them in one hand, as a player arranges his cards.
"I have here ten shares, say, and each share is owned by a different individual--all good men. You don't know them, but I do. They are connected with our big interests. And I'm right here as a stockholder. Do you realize, David, that instructing you to hold this meeting without a single stockholder present is really asking you to do something that's not strictly legal?"
"We usually do it this way," faltered Boyne.
"Exactly! Men like those who are running the Vose line are always asking an innocent man to do something illegal. I'm going to come right to the point with you, David. Those old moss-backs who have sent those instructions are trying to wreck the Vose line. I want you to disregard those instructions. I am anxious to be president and general manager of the line. I want you to elect as directors these stockholders." He tapped his finger on the certificates.
The young man was both frightened and bewildered. He turned pale. "I can't do that," he gasped.
"Yes, you can. There are the proxies. It's up to you to vote 'em as you want to. They allow full power of substitution, usual fashion!"
"But I can't disobey my instructions."
"I say you can, if you've got grit enough to make a good thing for yourself."
"Such a thing was never done here."
"Probably not. It's a new idea. But new things are being done right along in high finance. You ought to be up where big things are happening every day. You stand in with me, and I'll put you there. You see, I'm getting right down to cases on this matter with you, David. Vote those proxies as I direct and I'll hand you five thousand dollars inside of two hours, and will plant you in a corking job with my people as soon as this thing calms down. I could have palavered a long time before coming to business in this way, but I see you're a bright young fellow and don't need a lot of hair-oil talk. I don't ask you to hurt anybody in especial. You can elect the old treasurer--we don't want to handle the money--this is no cheap brace game. But I want a board of directors who will put me in as general manager until certain reforms can be instituted so as to bring the line up to date. Five thousand dollars, mind you, and then you'll be taken care of."
"But I'll be put into state prison."
"Nonsense, my boy! Why would you vote those proxies according to your instructions? Why, because it would be for your interest to do so if I hadn't come in here with a better proposition. Now it's for your interest to vote 'em as I tell you. The most they can make out of it is a breach of trust, and that amounts to nothing. With five thousand dollars in your mitt, you wouldn't need to hang around here to take a lot of slurs. I'll slip you another thousand for your expenses on a little trip till the air is all clear."
Boyne stared at this blunt and forceful tempter; his hand which clutched the chair-arms trembled; "I'm going to be still more frank with you, my boy. And, by the way, you must know that I'm no mere four-flusher. You've heard of Fletcher Fogg, eh? You knew who I was when you got that wire from me yesterday?"
"Why, yes, I know of you through our corporation work, sir."
"Exactly!" Mr. Fogg assumed even more unctuously the manner of an old friend. "Now, as I say, I'm going to be frank--take you in on the ground floor. Of course, they can have another--a special meeting of the Vose line after a thirty days' notice to the stockholders. They will probably call that meeting, and I don't care if they do. But I have an ambition to be general manager of the line for those thirty days to make--well, I want to make a little investigation of general conditions," declared Mr. Fogg, resorting to his purple handkerchief. "That's all I care to say. At the end of thirty days we may--I'm speaking of the big interests I represent--we may decide to buy the line and make it really worth something to the stockholders. You understand, I hope. It's strictly business--it's all right--it's good financiering. After it's all over and those old, hardshell directors wake up, I'll venture to say they'll be pleased all around that this little turn has been made. In the mean time, having been taken care of, you needn't mind whether they're pleased or not."
Boyne looked at the sheaf of certificates in Fogg's hand; he bent frightened gaze on the documents stacked on the desk. They lay there representing his responsibility, but they also represented
He applied himself to one of the office telephones, asked for several numbers, one after the other, and put questions with eagerness and rapidity.
The information he received seemed to disturb him considerably. He came out of the booth and scrubbed his cheeks with his purple handkerchief.
"Their annual meeting at ten o'clock to-morrow morning, four hundred miles from here! Well, I suppose I ought to be thankful that it's not being held right now," Mr. Fogg informed himself, determined to fan that one flicker of hope with both wings of his optimism. "But I've got to admit that twenty-four hours is almighty scant time for a job of this sort, even when the operator is the little Fogg boy himself. Damme, I haven't come to a full, realizing sense yet of all I've got to do and how I'm going to do it."
He hurried out, dove into an elevator, and was shot down to the street.
He was lucky enough to find a taxi at the curb.
"Grand Central," he told the driver. "I've got five dollars that says you can beat the Subway express and land me in season for the ten-o'clock limited for Boston."
As soon as it became evident to Mr. Fogg that his driver had seen his duty and was going to do it, traffic squad be blowed, the promoter settled back, and his thoughts began to revolve faster than the taxi's wheels.
"It's going to be like the mining-camp 'lulu hand,'" was his mental preface to his plans. "It can be played only once in a sitting-in; it has got to be backed with good bluff, but it's a peach when it works. And what am I a promoter for? What have I studied foreign corporation laws for?"
Mr. Fogg took off his hat and mopped his bald spot, wrinkling his eyelids in deep reflection.
"The idea is," he mused, "I'm a candidate for the presidency of the Vose line at to-morrow's meeting. But I haven't been elected yet!"
However, Mr. Fogg's preliminary sniffing at the affairs of the Vose line had informed him where he could pick up at least ten scattered shares of their stock. He figured that before midnight he would have them in his possession. As to the next day and the next steps, well, the nerve of a real American plunger clings to life until the sunset of all hopes, even as the snake's tail, though the serpent's head be bruised beyond repair, is supposed to wriggle until sunset.
He despatched a telegram at New Haven. He received a reply at Providence, and he read it and felt like a gambler who has drawn a card to fill his bobtail hand. When a design is brazen and the game is largely a bluff, plain, lucky chance must be appealed to.
The telegram had been addressed to Attorney Sawyer Franklin, in a Maine city. It had requested an appointment with Mr. Franklin on the following morning.
The reply had stated that Mr. Franklin was critically ill in a hospital, but that all matters of business would be attended to by his office force, as far as was possible.
Attorney Sawyer Franklin, as Mr. Fogg, of course, was fully aware, was clerk of the Vose line corporation, organized according to the Maine law as a "foreign corporation," under the more liberal regulations which have attracted so many metropolitan promoters into the states of Maine and New Jersey.
XVIII ~ HOW AN ANNUAL MEETING WAS HELD--ONCE!
O, a ship she was rigged and ready for sea,
And all of her sailors were fishes to be!
Windy-y-weather,
Stormy-y-weather!
When the wind blows we're all together!
--The Fishes.
Fletcher Fogg, suave, dignified, radiating business importance, freshened by a barber's ministrations, walked into the Franklin law-offices the next morning at nine-thirty.
He announced himself to a girl typist, and she referred him to a young man who came forth from a private room.
"I have power of attorney from Mr. Franklin to transact his routine business," explained the young man. "Of course, if it's a new case or a question of law--"
"Neither, neither, my dear sir! Simply a matter of routine. But," he leaned close to the young man's ear, "strictly private."
Mr. Fogg himself closed the door of the inner office when the two had retired there.
"One of your matters to-day, I believe, is the annual meeting of the Vose line. I am a stockholder."
Fogg produced a packet of certificates and laid them on the desk.
"Are there to be any officers or other stockholders present?" he asked, showing just a bit of solicitude, in spite of himself.
"I think not," returned the young man. "Nothing has been said about it. The proxies and instructions have been sent in, as usual, by registered mail." He indicated documents stacked on the desk. "I was just about to begin on the matter."
"I suppose our proxies run to the clerk of the corporation, as usual, with full power of substitution, clerk to follow instructions," said Mr. Fogg, a bit pompously, using his complete knowledge of corporation routine.
"Yes, sir. We handle most of the corporation meetings that way when it's all cut and dried. In this case, it's simply a re-election of the old officers."
"Exactly!"
Mr. Fogg pulled his chair closer, dabbed his purple handkerchief on each side of his nose, and inquired, kindly and confidentially: "My son, what's your name?"
"David Boyne."
"Law student here--secretary, eh?"
"Yes, sir."
"Exactly--and a long, hard pull ahead of you. It's too bad you're not in New York, where a young man doesn't have to travel the whole way around, but can cut a corner or two. I could give you a lot of examples of bright young chaps who have grabbed in when the grabbing was good.
"But I haven't the time. You take my word for it. I'm a plain, outspoken business man, and I'm in with the biggest financial interests in New York. And I'm going to offer you the grandest opportunity of your life right now, David."
He picked up his certificates and arranged them in one hand, as a player arranges his cards.
"I have here ten shares, say, and each share is owned by a different individual--all good men. You don't know them, but I do. They are connected with our big interests. And I'm right here as a stockholder. Do you realize, David, that instructing you to hold this meeting without a single stockholder present is really asking you to do something that's not strictly legal?"
"We usually do it this way," faltered Boyne.
"Exactly! Men like those who are running the Vose line are always asking an innocent man to do something illegal. I'm going to come right to the point with you, David. Those old moss-backs who have sent those instructions are trying to wreck the Vose line. I want you to disregard those instructions. I am anxious to be president and general manager of the line. I want you to elect as directors these stockholders." He tapped his finger on the certificates.
The young man was both frightened and bewildered. He turned pale. "I can't do that," he gasped.
"Yes, you can. There are the proxies. It's up to you to vote 'em as you want to. They allow full power of substitution, usual fashion!"
"But I can't disobey my instructions."
"I say you can, if you've got grit enough to make a good thing for yourself."
"Such a thing was never done here."
"Probably not. It's a new idea. But new things are being done right along in high finance. You ought to be up where big things are happening every day. You stand in with me, and I'll put you there. You see, I'm getting right down to cases on this matter with you, David. Vote those proxies as I direct and I'll hand you five thousand dollars inside of two hours, and will plant you in a corking job with my people as soon as this thing calms down. I could have palavered a long time before coming to business in this way, but I see you're a bright young fellow and don't need a lot of hair-oil talk. I don't ask you to hurt anybody in especial. You can elect the old treasurer--we don't want to handle the money--this is no cheap brace game. But I want a board of directors who will put me in as general manager until certain reforms can be instituted so as to bring the line up to date. Five thousand dollars, mind you, and then you'll be taken care of."
"But I'll be put into state prison."
"Nonsense, my boy! Why would you vote those proxies according to your instructions? Why, because it would be for your interest to do so if I hadn't come in here with a better proposition. Now it's for your interest to vote 'em as I tell you. The most they can make out of it is a breach of trust, and that amounts to nothing. With five thousand dollars in your mitt, you wouldn't need to hang around here to take a lot of slurs. I'll slip you another thousand for your expenses on a little trip till the air is all clear."
Boyne stared at this blunt and forceful tempter; his hand which clutched the chair-arms trembled; "I'm going to be still more frank with you, my boy. And, by the way, you must know that I'm no mere four-flusher. You've heard of Fletcher Fogg, eh? You knew who I was when you got that wire from me yesterday?"
"Why, yes, I know of you through our corporation work, sir."
"Exactly!" Mr. Fogg assumed even more unctuously the manner of an old friend. "Now, as I say, I'm going to be frank--take you in on the ground floor. Of course, they can have another--a special meeting of the Vose line after a thirty days' notice to the stockholders. They will probably call that meeting, and I don't care if they do. But I have an ambition to be general manager of the line for those thirty days to make--well, I want to make a little investigation of general conditions," declared Mr. Fogg, resorting to his purple handkerchief. "That's all I care to say. At the end of thirty days we may--I'm speaking of the big interests I represent--we may decide to buy the line and make it really worth something to the stockholders. You understand, I hope. It's strictly business--it's all right--it's good financiering. After it's all over and those old, hardshell directors wake up, I'll venture to say they'll be pleased all around that this little turn has been made. In the mean time, having been taken care of, you needn't mind whether they're pleased or not."
Boyne looked at the sheaf of certificates in Fogg's hand; he bent frightened gaze on the documents stacked on the desk. They lay there representing his responsibility, but they also represented
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