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Chairman: THE MARQUIS HENRI DE CROISENOIS.

Capital: Four Million Francs.

This company does not appeal to that rash class of speculators who are willing to incur great risks for the sake of obtaining for a time heavy dividends.

The shareholders in the Tafila Copper Mining Company, Limited, must not look for a dividend of more than six, or at the utmost seven, per cent.

“Well,” interrupted Mascarin, “what do you think of this for a beginning?”

“It seems fair enough,” answered De Croisenois, “but suppose others than those whose names you have in your black list take shares, what do you say we are to do then?”

“We should simply decline to allot shares to them, that is all. See the Article XX. in the Articles of Association. ‘The Board of Directors may decline to allot shares to applicants without giving any reason for so doing.’”

“And suppose,” continued the Marquis, “that one of our own people dispose of his share, may we not find our new shareholder a thorn in our side?”

“Article XXI. ‘No transfer of stock is valid, unless passed by the Board of Directors, and recorded in the books of the Company,’” read out Mascarin.

“And how will the game be brought to a conclusion?”

“Easily enough. You will advertise one morning that two-thirds of the capital having been unsuccessfully sunk in the enterprise, you are compelled to apply for a winding-up of the Company under Article XVII. Six months afterwards you will announce that the liquidation of the Company has, after all expenses have been paid, left no balance whatsoever. Then you wash your hands of the whole thing, and the matter is at an end.”

Croisenois felt that he had no ground to stand upon, but he ventured on one more objection.

“It seems rather a strange thing to launch this enterprise at the present moment. May it not interfere with my marriage prospects? and may not the Count de Mussidan decline to give me his daughter and risk her dowry in this manner? One moment, I—”

The agent sneered and cut short the tergiversations of the Marquis.

“You mean, I suppose,” said he, “that when once you are safely married and have received Mademoiselle Sabine’s dowry, you will take leave of us. Not so, my dear young friend; and if this is your idea, put it aside, for it is utter nonsense. I should hold you then as I do now.”

The Marquis saw that any further struggle would be of no avail, and gave in.

That evening, when M. Martin Rigal emerged from his private office, his daughter Flavia was more than usually demonstrative in her tokens of affection. “How fondly I love you, my dearest father!” said she, as she rained kisses on his cheeks. “How good you are to me!” but on this occasion the banker was too much preoccupied to ask his daughter the reason for this extreme tenderness on her part.





CHAPTER XXX. THE VEILED PORTRAIT.

The danger with which Andre was menaced was most terrible, and the importance of the game he was playing made him feel that he had everything to fear from the boldness and audacity of his enemies. He knew this, and he also knew that spies dogged all his movements. What could be wanted but a favorable opportunity to assassinate him. But even this knowledge did not make him hesitate for an instant, and all his caution was fully exercised, for he felt that should he perish, Sabine would be inevitably lost. On her account he acted with a prudence which was certainly not one of his general characteristics. He was quite aware that he might put himself under the protection of the police, but this he knew would be to imperil the honor of the Mussidan family. He was sure that with time and patience he should be able to unravel the plots of the villains who were at work. But he had not time to do so by degrees. No, he must make a bold dash at once. The hideous sacrifice of which Sabine was to be the victim was being hurried on, and it seemed to him as if his very existence was being carried away by the hours as they flitted by. He went over recent events carefully one by one, and he strove to piece them together as a child does the portions of a dissected map. He wanted to find out the one common interest that bound all these plotters together—Verminet, Van Klopen, Mascarin, Hortebise, and Martin Rigal. As he submitted all this strange combination of persons to the test, the thought of Gaston de Gandelu came across his mind.

“Is it not curious,” thought he, “that this unhappy boy should be the victim of the cruel band of miscreants who are trying to destroy us? It is strange, very strange.”

Suddenly he started to his feet, for a fresh idea had flashed across his brain—a thought that was as yet but crude and undefined, but which seemed to bear the promise of hope and deliverance. It seemed to him that the affair of young Gandelu was closely connected with his own, that they were part and parcel of the same dark plot, and that these bills with their forged acceptance had more to do with him than he had ever imagined. How it was that he and Gaston could be connected he could not for a moment guess; yet now he would have cheerfully sworn that such was the case. Who was it that had informed the father of the son’s conduct? Why, Catenac. Who had advised that proceedings should be taken against Rose, alias Zora? Why, Catenac again; and this same man, in addition to acting for Gandelu, it seems, was also the confidential solicitor of the Marquis de Croisenois and Verminet. Perhaps he had only obeyed their instructions. All this was very vague and unsatisfactory, but it might be something to go upon, and who could say what conclusion careful inquiry might not lead him to? and Andre determined to carry on his investigations, and endeavor to find the hidden links that connected this chain of rascality together. He had taken up a pencil with the view of making a few notes, when he heard a knock at his door. He glanced at the clock; it was not yet nine.

“Come in,” cried he as he rose.

The door was thrown open, and the young artist started as he recognized in his early visitor the father of Sabine. It was after a sleepless night that the Count had decided to take the present step. He was terribly agitated, but had had time to prepare himself for this all-important interview.

“You will, I trust, pardon me, sir,” said he, “for making such an early call upon you, but I thought that I should be sure to find you at this hour, and much wanted to see you.”

Andre bowed.

In the space of one brief instant a thousand suppositions, each one more unlikely than the other, coursed through his brain. Why had the Count called? Who could have given him his address? And was the visit friendly or

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