The Butler weekly times. (Butler, Mo.) 1881-1918, 1908-04-30

thought thss he saw how one com,
psny, the Rio Tenido, might be sav.
ed for its stockholders.
Day and night he sat up debating
letters TO the Rio Tenido stockhold-
ers. He called them together TO
meeting. He exposed his situation
and his ideas. They liked the young
ellow's,..studious brightness, conf
dence and technical familiarity with
their concern. From the prospect OF
losing all he raised them 10 hop,s of
even profit. In a word, Monsieur
Rochette was empowered so make
"trip 80 Spain, make deep study oi
the Rio Tenido and reorgani2e Is.
He succeeded brilliantly. Thestock
that could not have been sold iOr g
a share rose up to SIC on she pub
pcation OF Monsieur kochettes re.
port; and 30 S33 alter the payment
OF It's first dividend OF : per cent.
Even up TO the day before yesterday
is had not fallen below S2S, though
skipping three dividends.
Next, Monsieur Rochette saw
chance 10 help another set OF unhap-
DIV stockholders out Of their great
trouble. Having studied carefully
the affairs OF q mine OF Marius Bidon
OF Joyous memory, he carried ma
iorlty OF the stockholders with him,
rot the concern declared bankrupt,
had himself appointed receiver,
Then, 1902, the stockholders who
had trusted In him received their re.
ward. They were offered chance to
come In on the ground floor OF Mon
sieur Rochette's first big aiiair-.he
Societe Generate du Credit Minier ct
Industriel-wi a capital OF $40,
' 900, Their bankrupt shares could
come IN aS mail prize
F" In the same way these growing in
terests steered by Monster Rochetse
! started up she Laviana coal minesin
IS Spain.
d BY 1905 the brilliant young tnan'
p cier's operations had become very
3, much extended. He was In magn,ti'
II cent offices, with troops OF clerks. He
= launched his famous mining syndi
~ cate with two and hall million dol
lars capital.
II. In 1906 he created the Franco
ID Spanish bank with a capital tive
Il million dollars. Carried away by
as kind OF special craze for new crea
ip tions-as necessary so the new iinan
cial star as we're new battles 80 Ma
he poleon-he founded the Societe Fran
10 caise des Manchons Hella-whose "
ey shares he was able TO put Into th
re bank trade at $2S. This was |
mt 1906, when its capital was modes
ty though adequate. Suddenly, !
I'D 1907, Rochette raised it's capital
cir 5000, 900 The stock, very niue
= pushed on the bourse, progressiyel
bi rose to 514 irancs-where Is stoo
INT last Saturday,
in Then suddenly came the end. A
ect obscure inventor who had intruss'
ve- his patent TO the great tinancier K
g is chette, got impatient and went In
les court, swearing that Rochette h'
ak ueed it only so found company al
'es. juggle stocks.
the In Paris when suspicion starts
Ion goes like fire, even with the udg'
hus A few atfidavits. and she experts
Ter the administrative arm poune
'ys. down on these vast interests. I'll
the is all right, no harm will be do
ex- you; We just want to see, they ss
lace A few laborious days OF experts stuo
report and court order. And
He massive financial edifices tumbI
OF a like q house OF cards.
und The approximate figure OF Ro
ons ette's theits from French savir
cannot We. be known; but as all
1t OF companies seem TO have been mer
He on paper and they were all aw
bus above par it is probable that
the total loss cannot be less than tw
has ty million dollars and may even
OCH to fifty million dollars.
nee, Not so bad q flyer" Tor a C
nim. waiter boy in eight short years?