Rogue River courier. (Grants Pass, Or.) 1886-1927, 1908-04-10

Of tie old mans hri-1t III" coiu
wait onletly. since It Was evident f"2r.
M-. Renwgck's eyuberant Joy t'ia'
Richard had nothing personally to fear
that his secret was still his own.
After n time his host wiped his eyes
with his handkerchief and apoiogized
for his merriment.
Forgive me. Lord Croyland.' he
begged: but, to tell you the truth,
Just can't help It. Affairs In Tex
as are not only drifting my way, but
the whole situation has become intense
" humorous. Why, 1t is a regular
play. Old Bill Williams represents
tragedy, my company will shortly sup,
ply melodrama, while third corpora
ton has appeared on the stage and is
furnishing both sides with comedy
Let me explain"
"Do so, beg you." murmured Rich
ard, striving not to lookAa as uncom'
Portable as he always felt when this
Texas business came up. tThe finan.
cier laughed again and proceeded:
"As | told you before. Bill Williams
company is working for a deep water
harbor at Matagorda City, while my
company is equally anxious to operate
at Longmatt. Very well Now, listen
| learned today that a new corpora
ton was organized last month under
the laws OF the state Of New Jersey
which styles itself the Peace and Coco
VIII Realty company. Think Of 1t
The very name will kill 1t In its teeth
ing stage"
"Who are back Of this corporationT 2
asked Richard. greatly interested ir
this new development
81 don't know. They are probably
so ashamed OF themselves that theii
names are kept secret" laughed Mr.
Renwyck.
But thought the incorporators"-
Dummies. like my own company
only In this case all Of them are rea
dummies In fact as well as In theory
81 see"
"It develops that the promoters OF
this company, whoever they may be
have gone down to Texas and invested
their capital In the states largest and
most generous product"
"And what is thatT asked Richard
IN some surprise.
"Hot air" returned Mr.. Renwyck ir
a paroxysm OF mlrth. "It's cheap, but
they seem to want It,"
81 don't quite understand"
II will enlighten you. They have q
ministerial looking representative OF
the name OF Fishcall, whose innocence
can only be described as infantile
This precious old lamb called upon q
firm of promoters, Hill & Eaton, who
In strict confidence-happen to be my
! agents, and asked their advice with re-
gard to location for deep water
harbor on the Texas gulf coast they
intend to construct with the assistance
OF hoped for legislative approprta.
ton" Once more Mr.. Renwyck was
so overcome by amusement that he
was forced to pause In his story. Now,
my company myself. you under
stand?" he began at length.
"Of course" said Richard. bowling.
has been saddled for long time
with an utterly worthless tract of land
along the gulf-a miserable. sun baked
little hole rejoicing in the name of
Olivia. which lies midway between
Matagorda City and Longmatt. by the
way Through Hill & Eaton we ad-
vised Brother Flshcall to buy this
tract. which-bless my soul-he did at
once and at our own price!"
The amused specuator glanced at
Richard and, mistaking his gloom for
phlegmatic British lack OF humor.
went on:
1T seems also that thereafter the
Peace and Good VIII Realty COM
pany went TO Bill Williams and asked
his advice. The old sklnfiint also own
ed lot Of land around Olivia, which
he promptly worked of on his confid-
ing benefactors. Now. look here, Croy-
land, you don't seem to appreciate the
joke"
but, my dear sir" began Richard,
forgetting his role for moment,
OLIVIA isn't such bad-er-I mean
err
Such a bad sale for me. ehr laugh
ed Mr. Renwyck. uncopsciously hslp-
ing his guest out of hole. 81 should
say not! Why, my boy, we've sold a
white ELEPHANT
Richard thought swiftly. Olivia, as
he was about TO tell Mr.. Renwyck
was not such bad site for deep wa.
ter harbor after all. and in fact he had
always contcnded with his father that
1t was more adyantageously located
for that purpose than Mamgorda City
Not only was the situation more cen
tral. but II offered shorter and more
direct communication with freight
routes and main lines. True. the
country was sparsely populated in 1t,
vicinity. but settlers would come nat
urally with the development OF sucl
an enterprise. Perhaps the Peac,
and Good VIII Realty cpmpany's rep
reSentative was not such an egregiou.
ass rs the Reuwyck and Williams fac
tions supposed.
Has the new company. in your opln
ion, any chance OF success?" he asked