The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1910-06-01
Chapter
2S

" investment.
1T is for Bobby" he told
himself. ''and | want Bobby and no
one else to run it. Joe would want to
take charge naturally"
He walked downtown next morning,
busily formulating his scheme.
"Joe," said Orde. Just how do we
stand on that upper peninsula stump
age"
We've made two payments of ST.
600 each and have still two to make
of the same amount"
what could we borrow on itT'
Fifty or seventy-6ve thousand"
joe" said Orde. Il want to raise
about $4,000 on my share in this con-
Germ"
Newmark said nothing, but for some
time thought busily. His light blue
eyes narrowed to a slit.
'Pll have to figure on it awhile"
said he at last and turned back to his
mail. All day he worked hard. At G
o'clock he walked to his home. Here
he turned into a study, quietly and
richly furnished ten years IN advance
of the tast then prevalent in Mon
rovia. where he sank into a deep cush-
toned chair and lit the much chewed
cigar. He looked with approval on
tho dark walnut bookcases, the framed
prints and etchIngs. the bronzed stu
dents lamp on the square table desk
and the rugs on the polished floor.
mfr. Newmark. SIR" came a respect
full voice. 1T is just short Of T."
Every WELL" replied Newmark.
Newmark yawned. threw aside the
cigar. of which he had smoked but an
inch. and passed from his study into
bis bedroom across the ball. He bath
ed In the adjoining bathroom. shaved
carefully between the two wax lights
which were his within and dressed in
what were then known as swallow
tail clothes. Then. with all the de-
liberation Of one under fire Of a hun
dred eyes, he proceeded to the dining
room. His butler. Mallock, too, wore
the swallowtail, but its buttons were
Of gilt.
Newmark seated himself In leather
upholstered mahogany chair before a
small round mahogany table. The
room was Illuminated only by four
wax candles with red shades.
He ate deliberately and with enjoy
ment the meal. eXquisitely prepared
{ and exquisitely presented to him. Aft
'erward he returned to the study for his
coffee. He opened a drawer in his
desk, extracting therefrom some bank
books and small personal account
books. From these he figured all the
evening. When he had finished his
cold eye exhibited n CLEAN Of salts
faction. He had resolved on a course
Of action.
"Orde." said Newmark next morn
ing as the former entered the Office. "I
think can arrange this matter"
Orde drew up a chair.
II talked last evening with a man
from Detroit named Thayer. who
thinks he may advance $4,000 on a
mortgage on our northern peninsula
stumpage. For that. of course, we will
give the firms note with interest at 10
per cent. will turn this over to you"
That's began Orde.
Hold on" interrupted Newmark.
"As collateral security you will de-
posit for me your stock in the Boom
company. Endorsed 10 blank. II you
do not pay the full amount of the
firms note to Thayer. then the stock
will be turned in TO me-"
II see," said Orde
Now don't misunderstood me-"
said Newmark dryly. This is your
own affair. and do not urge it on you.
If we raise as much as $4,000 on that
upper peninsula stumpage it will be
all it can stand. for next year we must
make a third payment on it. If you
take that money 1t is of course proper
that you pay the interest on it. And
If there's any possibility of the fore
closure of the mortgage 1t is only right
that you run all the risk of loss-not
myself"
Certainly" said Orde.
From another point of view." went
Ou NEW SOu
mortgaging your interest in the Boom
company for $4,000. That would
make, on the usual basis Of n mort
gage, your share worth above $780,
900, and 100000 is a high valuation
of our property"
THAT looks more than decent on
your part" said Orde.
"Of course it's none Of my business
what you intend to do with this"
went on Newmark. but unless you're
sure you can meet these notes l should
strongly advise against It,"
"Tor how long time could get
this?" asked Orde at length.
II couldn't promise 1t for longer than
FIVE years." replied Newmark.
"That would make about $4,000 a
year and interest. Well. l don't see
why ! can't carry that easily on our
present showing and prospects"
''If nothing untoward happens" in
listed Newmark.
'It's not much risk" said Orde hope
fully. There's nothing surer than