The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-07-02

the story OF how he was brought Into
the company. how he had been buncoed
by Dover. how he had laid the whole
case before his associates. how they
had been cast out for incompetency and
how they now threatened to destroy
the company.
Mr.. Lempitt says he wants to see
the books" said Pierson. Il refused
to permit I refuse to permit any OF
You although you are stockholders.
make one exception. 1 will permit Mr.
Lamar for l think he is an honest
man."
Then Plerson Told an amazing story
TO them. splicing 1t from n sheaf OF
papers he had on his desk. The gist
of his story was this Knowing the
real purpose of his former associates;
knowing their intention was not honest,
he had gone to a business Investigator.
a sort of Pinkerton, who ina kes spe-
ciaity OF business cases, and engaged
several detectives, one OF whom. rather
aged and OF fine appearance. posed as
"a capitalist from tho East. The capt.
talist had been thinking OF investing
in the Dover Harria Company. MIR. Pier
son having urged the thing on HIM, but
some one had Informed the man from
the East that 1t would be we'll for him
first to consult Mr.. Lempitt and the
other gentlemen. They knew lot
about the company.
From the report of che capitalist
from the East and the reports of other
detectives who talked with the others
1t appeared that Mr.. Lempitt and his
associates, in their eagerness to not
let the 100000 the gentleman from the
East was seeking TO invest get away
from them. informed him their purpose
In getting at the books was 10 get
list of al the company's customers and
other information OF value. and with
this obtained they meant TO start a
new company that would wipe out the
other in no time. Mr.. Dover had been
brought in and had told u pitiful tale
of the base ingratitude of Pierson. a.Id
then Harris and Crowell. jealous or
suspicious, had tried to win the monied
man away from the others by making
statements, some true and some false,
about the records of Lempitt. Dover
and Peters.
When Pierson had tirished the read
ing he said that X any of the visitors
cared to apply for recetvership he
was welcome. The sooner he filed the
application the better Mr.. Pierson did
not think one certain gentleman pres
emf would join in the petition, however,
as Pierson had his signed confession.
The man had been robbinS the COM
pany.
AS Pierson made this statement there
was d looking among the men. Only
Harris did not seem inquisitive. He
flushed and seemed dreadfully uncom-
Portable Mr. Pierson thought there
was every chance of prison terms for
men who sought to wreck a company
in the way his callers planned, and he
asked to be excused from recognizing
any of them In future
The men left thoroughly cowed.
They had gone TO the ofiice believing
Pierson Was going to come under their
control Now they were wholly dis
credited. They had MADE fools OF
themselves, and had been made fools OF
bv detectives and then they had not
been true even to themselves. for
Harris and Carroll had tried to prac.
tico deception. Somehow the others
felt more soreness against these two
than against Pierson and the detec-
tives. AS to their stock in the com
pany. ii was like so much waste paper.
Lamar was not one OF the lot to so
away whipped and beaten. He had
known something of what the others
planned but refused to have anything
to do with them He assured Pierson
of this fact, and Pierson. shaking ms
hand. told him he knew the state
ment was correct. for 1T was in con-
sonance with the reports of the in
vestigatore.
1t was n week after this meeting
that Pierson sent for Lamar. and laid
a proposition before him.
I'm willing" said he. Ito buy the
shares of those men. II You can get
them Mt 20 cents on the dollar III
take them and pay you literally for
your time
Lamar took the commission, and in
due season managed to get every
share. The mon were willing enough
to sell.
one thing that puzzled Lamar was
where Piarson got the money to pay
cash for the shares he bought. SO he
asked.
"In tell you" said Pierson. You
know Dover hypothecated all his
stock. When the banker found Dover
was q cheat and the company was n
ruin he charged the loan to profit and
loss and tried to forget the affair
But no could not. one day he sent
for me and asked me II thought l
could put the company on its feet II /
had good working capital. 1 told
him there W S no doubt of 1t. He had
furnished all the capital I need and
.aas taken my notes for l.,s stock
- n go