Gordon, to all appearances, looked thoughtful, as indeed he was. "Well," he admitted at length, "not right away, I suppose, and I'll own up there's some sense in the way you look at it, if the people were going to buy the stock for a real investment. Why don't we do this? Issue ten thousand shares of preferred stock, at a par of twenty-five or fifty, for the kind of people that want to buy for investment. We could really pay dividends on that, without the slightest doubt. And then, for the crowd that only wants to take a flier, and don't care a continental about the merits of the mine, or its future, we'll issue a million shares of common stock, at a par of five. Then we'll all be suited. How does that strike you?"

Mason snorted. "Oh, hell," he said forcibly, "what's the use of you talking that way? I've lived pretty near seventy years without robbing any one yet, and damned if I want to begin now. I'll wind up in the poorhouse first. What say, Jack?"

Loaded Dice — Part 95

Harrison shook his head helplessly. "I don't know," he said vaguely. "Seems a pretty big lot of stock to me. Too big, I reckon."

Loaded Dice — Part 95

Gordon laughed, with an attempt to pass the matter off lightly. "Oh, well," he said, "I don't want to do anything that neither of you approve of, of course. Why not let the whole matter of the capital stock drop for the present, and let the full board of directors settle it when we're organized?"

Loaded Dice — Part 95

It was a last effort, and a futile one. Indeed, the moment the words had left his mouth, Gordon saw his mistake. Mason laughed a little dry laugh. "Yes," he said, with irony, "and four of the seven on the board are easterners. How'd they settle it, I wonder?"

Gordon's expression was not a pleasant one. With a faint shrug of his shoulders, he arose.

"Well, I'm sorry," he said, "but I don't see what I can do. If I do say it, you're being treated as fair as any two men could ask. You're looked out for in every possible way, and if you choose to spite yourselves, and call everything off, because you can't trust me on one of the minor details of the whole scheme, why, I can't see that it's up to me. I'm sorry, though, sincerely sorry. I firmly believe the mine has a great future."

Harrison's face lengthened perceptibly. The downfall of all his own cherished plans was far from pleasant. Mason, however, got up from his chair, his stern old face set in aggressive lines.