Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1917-07-25

fitness that made him feel as if he
could cope with anything.
I'VE 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 mil
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 fOi every twenty-five shares of
the old surrendered and exchanged.
This will be practically giving the pres
ent shareholders two for one. Will
that satisfy them2"
This time Colonel Dexter BaIdwin's
smile was grim.
you're just juggling now, John,
and you know 1t. 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 it So"
Never you mind about that" cut in
the new financier. "At two to one for
the amortization Of the old company
we shall still have something like
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 60 thAre. the
trust would have an underhOld on us,
ght 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 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 it up to the limit: we ought
to double Williams force at once-put
on a night shift to work by electric
light"
The colonel bllnked twice and swal-
lowed hard
"Say. John" he said, leaning acrcss
the table-desk; you've sure got your
nerve with you. Do you know our
present bank balance is under Ave
thousand dollars, and a good part of
that is owing to the cement peoplef'
"Never mind; don't get nervous"
was the reassuring rejoinder. 1--WE are
going to make it bigger in few min
utes, hope. Who is your banker
hereP
Dave Kinzie of the Brewster City
National"
Tell me little something about
him; just brief, him for me as man.
| mean"
The colonel was shaking his head
slowly.
Hes what you might call a twenty
ton optimist, Dave is; solid, a little |
slow and sure. but the biggest boomer /
in the West, If yUu can get him start |
ed-believes in the resources of the !
country and all that. But you can't |
borrow money from him without secur- /
ity, if that's what you're aiming to do" |
Cant we?" smiled the young man /
who knew banks and bankers Let's I
go and see. You may introduce me to /
Kinzie as your acting financial secre-
tary. if you like. Now one more ques- !
ton: What is Kinzie's attitude toward /
TimanyOni Ditch2"
"At first he was all kinds OF friend /
"; he is stakeholder in a small way. /
But after a while he began to cool /
down little, and nOw-well. ! don't /
know; hate TO think it of Dave, but I
I'm afraid he's leaning the other way, |
toward these Eastern fellows. He /
tried to cover Stanton's tracks in the /
stock-buying from Gardner and Boil |
ling"
THAT is natural. too" said Smith, /
whose point OF view was always I'M
obscured In any battle Of business
THE big company would be a better /
customer for the bank than your little /
one could ever hope to be. 1 guess /
that's all for the present. If you're 4
ready. Wen go down and face the 1
music
s'By Janders :" said the colonel with /
an open srlile; Il believe you'd just as