Courier Democrat. (Langdon, N.D.) 1891-1920, 1917-01-11

suJlect TO payments NC at the pres
ent time he could by no possibility
make. Mortgages and loans had suck
ell every Immediately productive dol
lar. and those dollars that remained
We're locked tight away from their
owner Untii such tive az he might
gain possession OF Il rol'en i;~.:. This
did not worry him.
They orc properties t'ial are bound
to rise in value" he told Us. "ln fact,
they arc going up every minute we
sit here talking. They are futures"
Among other pieces, Talbot had been
able to buy the lot OH the Plaza where
now the Ward block was going up.
He paid a percentage down and gave a
mortgage for the rest. Now all the
money IL" could Sleeze from all his
other int" csty he was putting into the
structure. That is why | rather fam
cifully alluded to the Ward block as
the flower OF all Talbot's activities.
Building is the one thing you have
to pay cash for throughout said Tai
bot regrctfully. Labor and materials
N>AAt'Ai Soau. i'uI L Y IL way SItil.
II Il first class, we'll appointed bust
ness block In this town right now is
worth more than the United States
mint. That's cash coming in for Won
regularly every month. 1t will pay
from the start four or five times the
amount necessary to keep everything
else a1loat. jim Reckctt has taken the
entire lower floor ut thirty thousand.
The offices upstairs will pay from n
thousand Il month up. and they are
every one rented i'll advance. Once
we get our rents coming in the strain
is relieved. | can begin to take uD my
mortgages and loans, and once hat
IS begun we are on the road to Million
aireville."
Once more he rccapitulated his af-
fairs-thc land on the Plaza. two hun
drcd thousand; the building, eighty
thousand; the IIarbor View lands, any
thing they might rise to, but nearly n
quarter million now: ten thousand par
value of the wImrf stock already pay
ing dividends: real estate hero and
there, and everywhere in the path of
the cfty's growth: shares in IL new no
tel that must soon touch par: the plank
road-as we jottcl down tho figures
and the magic total grew such trifing
little affairs as gold mines dropped
quite below the horizon. We stared at
Talbot. fascinated.
And then for the first time we learn
cd that the $1,000 we had sent down
from IIangmGn'S Gulch and the sum
left from the robbery were not SUM
hering in some bankers safe. but had
been sent dancing with the other dol
lars at Talbot's command.
81 didn't know just what you fell
lows intended" said he. but we were
partners up there at the mines, and |
concluded it would be all right. You
didn't mean
"Sure not" broke in Johnny hearth
ly. You're welcome to mine"
Same here" agreed Yank and |.
And then Talbot let us see that he
considered US to that extent partners
in the business.
81 have the date it arrived" he told
lis, "And | know just how much actual
capital I had myself at that time. so
I'm computing your shares in the VEN
ture OH that basis. 1t comes to about
one-tenth apiece for Yank and Johnny.
Frank and I have an agreement al
ready"
Johnny stared at the paper OF which
the totals had been penciied.
"Not any" he protested vehcmently.
uIf icrtk fo;ri N,,,',-o ypnlo $hSo %hiy,p
by sheer genius. and it isn't fair for
me to take a tenth Of it or the strength
Of a mcasly little consignment of dust.
You give me your note for a thousand
dollars, or whatever the sum is. at in
terest. If you want to, and that's all
that is coming to me"
II feel the same" said Vans.
Boys" argued Talbot earnestly.
that doesn't 90. That five thousand
saved ne. 1T anne at Il time when l
had to have money or so down. I hnd
been to every bank. to every firm, to
every man in town, and l couldn't
raise ~ cents more. IL you refuse this
that
"Oh, hush UP. Tall broke in Johnny
gruf11y. ere that's how you feel"-
ut is"
st is now" said Johnny firmly,
"1O:3O a. m. but I'm going to have
bubbles. If You fellows don't want
me all drunk and dressed up vou'vs
got to help me drink them"