Mexico Missouri message. (Mexico, Audrain County, Mo.) 1899-1918, 1917-08-09

planned. I'm modern business it is the
process of extinguishing q corpora
ton: closing it up and burying it in
another and bigger one, usually. That
is what we must do with Timanyoni
Ditch"
I'm getting you, little at a time"
said the colonel, taking his first lesson
In high finance as duck takes to the
water. Then he added: at won't take
much of lick to kill off the old COM
pany, in the shape it's got into now.
How will you work it?"
Smith had the plan at his fingers
ends. With the daring of all the perils
had come a fresh access of fighting
fitness that made him feel as If he
could cope with anything.
eve must close up the company's
affairs and then reorganize promptly
and, with just as little noise as may
be, form another cOmpany-which we
will call Timanyoni High Line-and
let 1t take over the old outfit, stock,
liabilities and assets entire. You say
your present capital stock is one hun
dred thousand dollars. This new COM
pany that am speaking of will be
capitalized at, say, an even half mill
lion. To the present holders Of Timan-
yoni Ditch Wen give the new stock
for the old, share for share, with a
bonus Of twenty-five shares Of the new
stock for every twenty-five shares of
the old surrendered and exchanged.
This will be practically giving the pres
ent shareholders two for one. viii
that satisfy them?"
This time Colonel Dexter Baldwin's
smile was grim.
you're just juggling now, John,
and you know it. Out here on the
woolly edge of things a dollar is just
plain iron dollar, and you can't make
it two merely by calling 1t So"
"Never you mind about that" cut in
the new financier. AT two to one for
the amortization of the old company
three hundred thousand dollars treas
: ury stock upon which to realize for the
! new capital needed, and that will be
} amply sufficient to complete the dam
and the bitches and to provide fight
ing fund. Now then, tell me this: how
near can we come to placing that
treasury stock right here in Timan-
yoni Park? It's up to US to keep this
, thing In the family, so to speak; and
the moment we go into other markets
, we are getting over into the enemy's
country. I'm not saying that the
money couldn't be raised in New
York; but if we should go there, the
trust would have an underhold on us,
right from the start"
81 see," said the colonel, who was
indeed seeing many things that his
supplemented philosophy had never
dreamed of; and then he answered the
direct question. "There is plenty OF
money right here in the Timanyonis-"
Smith nodded. He was getting his
second wind now, and the race prom
Used to be a keen joy.
"But they would have to be shown,
you think?" he suggested. "All right
We'll proceed to show them. Now we
can come down to present necessities
We've got to keep the work going
and speed 1t up to the limit: we ought
J to double Williams force at Once-pu
on a night shift to work by electric
light"
The colonel blinked twice and swal
lowed hard.
"Say, John" he said, leaning across
the table-desk; you've sure got you
nerve with you. Do you know on
!" present bank balance is under fiv,
thousand dollars, and good part o
I that is owing to the cement people 7
" "Never mind; don't get nervous,
was the reassuring rejoInder. 1--WE ar
, going to make 1t bigger in a few min
+ utes. hope. Who is your banke
5. here2"
% "Dave Kinzie of the Brewster Cit
IT National"
"Tell me a little something abou
K Mr.. Kinzie before we 60 down to Sc
him; just brief him for me as a maj
W mean"
ut The colonel was shaking his hsa
he slowly.
Hes what you might cal, twent!
II ton Optimist, Dave is; solid, 3 httI
10 slow and sure, but the biggest boone
K In the West. II yOn can get him star