Martinsburg W Va evening journal. [volume] (Martinsburg, W. Va.) 1913-1920, 1918-01-22

Nagstaff. I wouldn't want Bin &c
think I, or any OF MS, was trying t.
bring pressure on him. But the fac
Is, Bits got mistaken impression
about the way we're conducting thu
financial end Of this mining propos
lion. You understands Very abb
man, your husband, but headstrong o.
The deuce. I'm afraid--to speak frank
ly--he'll create lot of unpleasant
ness. Might disrupt the company, +
fGct. il he sticks to the position h
took this morning. Thought I'd run n
and talk it over with him. Fellow
generally in a good humor, you know
when he's lunched comfortably a;
kome.9
I'm quite in the dark" Hazel con
tossed. sBill seemed a trifle put oui
about something. He didn't say wha;
1t was about"
'Shall / explain?" Mr.. Brooks sua-
gested you'd understand-and yon
might be able to help. don't as rul
believe in bringing business into tn
home, but this bothers me. / hate t.
SEGA good thing go wrong"
Explain, by all MEANS Hazs
promptly replied. IF can help, III
be glad to-
"Thank YOU Mr.. Brooks polished
his glasses industriously for sccon
and replaced them with painstakin
exactitude. "Now--sl--this Is the 81
uation: When the company WI
formed, five of us. including your hu
band, took up enough stock to finan
the preliminary work of the undertal
ing. The remaining stock, seventy-fis
thousand dollars in amount, was lie
In the treasury, TO be held or put
the market as the situation warrantt
With the first cleanup, Bill forwal
cd facts and figures to show that
had a property far beyond our gre;
est expectations. And, OF course,
saw at once that the thing was ride
lousy undercapitallzed.
$50 we held a meeting and authe
lied the secretary to sell stock. NJ
tirally, your husband wasn't cogniza
of this move. for the simple reas
that there was no way Of reach
him--and his interests were thorou
ly protected, anyway. The stock
listed or Change. A good bit was G
posed of privately. We now have
large fund in the treasury. IT'S
cinch. We've got the propert,
It's rich enough +, pay dividenas
a million. The decision Of tbs n
oIders Is unanimously for enlarge
'aent of the capital stock. You under
land? You follow me?''
Certainly" Hazel answered. "But
ehat is the difficulty, Bill?"
"Bill is opposed to the whole PLAN
. said, pursuing up his lips with evi
ent dlsapprovaI of Bill Wagstafs ant
III his works. ''I1e seems to feel tina
We should not have taken this steI
re declares that no more stock mus
sc sold; that there must be no enlarg
aent of capital. In fact, that W
AUST peg along in the little one-hors.
way we started. And that would b'
a shame. We could make the Free
Gald Mining company the biggest
Thing on the map, and put ourselves
on Easy street"
He spread his hands in a gesture OF
real regret.
s'Bnl's fine fellow" he said, "and
one of my best friends. But he's q
ard man TO do business with. He
axes very peculiar view Of the mat
eef. I'm afraid he'll queer the COM
amy If he stlrs up trouble over this
rhnt's why hope you'll use whatever
influence you have, to induce him to
Withdraw his opposition"
aButss Hazel murmurcd. in some per-
plexity. sfrom what little know OF
corporations. I don't see how he can set
10 any difficulty. How can he stop
YOU from taking any line of action
shateycr?"
ooh, not that at all" Brooks hastily
assured. "Of course, we can outvott
aim, and put it through. But we wan'
him with us, don't you seef We've 9
high opinion of his ability. He's thf
sort of man who gets results; prac
ticai, yoH know: knows mining to 1
Only he SHES at our financial method
And If he began any foolish litigation
or silly rumors got started about
trouble among the company officers, its
bound to hurt the stock. It's all right
I assure you. We're not foisting
wildcat on the market. We've got th'
goods. Bill admits that. It's the reg
ular method not only legitimate, bu
good finance. Every dollars worth O
stock sold has the value behind II
Distributes the risk little more. that
all, and gives the company a. fund t
operate successfully.
eff Bill mentions 1t, you might sug
gest that he look into the matter
little more fully before he takes an,
definite action Brooks concluded. ris
Ing. II must get down to the office
It's his own interests I'm thinking OF
as much as my own. OF course, h
couldn't block reorganization--bu
ne wnnt TO satisfy him in every par