Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-07-28
rMEsREpUBI MARsrAILToSwaN iowA JULY Is, 1914

slightly, 20 az to show the plan of over
tapping, and then reversing them to
show how much space they saved In
nesting for shipment.
There was a general chorus Of polite
ordinations, which covered unlimited
genuine admiration.
THAT surely makes Mr.. Walllngford
one Of the family. Reggie" declared
Hickey. IT vote hin, In, fellows. Now.
one, two, three
AYE" gently and courteously shout
ed his friends In perfect unison with
him.
II thank you." said Wallingford, ris-
ing and bowling grayely. The gentle
mans manners were perfect. There
was no gainsaying that.
There's one didiculty of which none
Of you has thought" declared Mr..
Cash. rubbing again in reflection the
beard of his ancestors in the hollow OF
his cheeks. who's going to run the
company? None OF us has the time
nor the taste for that sort of thing.
Il have" offered Wallingford. "Of
course my other interests are SO heavy
as to prevent my giving my entire
time to it, but If my partners will per-.
NIT me shall organize the concern.
set it going and see that it is properly
conducted without charging penny
for my services"
''That's what do call sportin',' de-
clared Hickey, rubbing his incipient
mustache the wrong way in his en-
thusiasm.
Its more generous than fair" OBJ
jected Benssy. WED be delighted.
I'm sure, Mr.. Wallingford. to have you
| accept the bothersome management Of
the thing, but we can't possibly think
of it unless you would accept remuner-
alton of some Sort
"tOh, If you insist upon it," and Wal
lingford waved his hand easily, as if
the question were too trihing to- be
considered among gentlemen. II won't
accept a salary. but If you want me to
have some additional stock for my
services to avoid feeling under obliga-
tons you may make 1t over to me-"
"But. say" protested Reggie. his
fat lips protruding in dissatisfaction.
"if we all take the same amount Of
stock and we give Mr.. Wallingford
some extra he'll have the most. and
as this is our joint invention we must
share alike"
That's true Wallingford hastily
admitted. "We'll Just throw that idea
aside. We won't need stock compa-
ny anyhow. for we shall not want to
sell stock or admit any one else into
the business. We can make it sim
pie partnership. putting in just what
we need to begin with and assessing
ourselves as much more from time to
time as the business actually justifes.
We shall not need over $4,000 to start
with"
"Then. fellows. here's the sportin'
idea," announced Hickey. Fifty thou
sand dollars makes $4,000 for each Of
us five. Mr.. Wallingford's services
should be worth at least as much as
one-sixth OF all our money, and l vote
that we admit Mr.. Wallingford to an
equal partnership with US and not per
init him to pay any assessments. Now!
One, two, three
aver voted his associates In unison.
Gentlemen" intoned Wallingford.
rising solemnly and smoothing down
his broad waistcoat. x accept your
generous offer. II this were brought
up to me as an ordinary business prop
osition / should be compelled to de-
cline it instantly, but l have taken
quite a fancy to you boys. have.
moreover, become fascinated with the
portable house and intend to make it
one of my most successful ventures.
shall at once draw up partnership
papers, which we. shall discuss and
sign right here while we are waiting
Then we shall select officers, hold
board Of directors meeting, take all
our papers to an attorney when we ar
rive in the city and make our action
legally binding. Tomorrow l shall
have patent papers and drawings pre-
pared and as soon as they are ready
shall call another meeting for us to
sign them. In the meantime I shall
see II we cannot rent q factory already
equipped, shall have working drawings,
prepared, purchase materials, secure
workmen and start upon some sample
houses, including the mahogany and
ths 3birdseye maple one which you are
Ito take upon your fishing trip"
lA Striking while the iron was hot being
ons 2of Wallingford's specialties. he i'm
mediately drew up, on delicately tinted
and evasively scented mauve station
cry provided him by the fair Benssy.
an impressively worded partnership
agreement, whereby 1t was set forth
that the six undersigned gentlemen
were to be equal sharsrs In the profits
Of tho Speckled Bass Hollow Walled
Portable Bungalow company and that
I'VE Of the undersigned were to share
In all it's losses and provide all the
money needed, ]. Rufus Wallingford
being exempt from any share In that
end Of the business by virtue OF his
perpetual managership. 1t was neat
and nifty document, and the boys were
Justly proud Of It and themselves as
well as they appended their scrawling
signatures to 1t. 1t was deuced bloom
ing fun, after all, this thing Of going
| info trade. Quite sportin'!