Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-03-19

ately upon his boys You forget, my
son. that We cannot last IN business
long enough TO get that road built
even thou Gregory should agree
to finance the building o. II. The in
terest on our bonded Indebtedness Is
payable on the Arst-"
I'VE can meet II. STR"
ave. but We can't meet the fifty
thousand dollars which. under the
terms of our deed of trust, We arc
required to pay in on July first "
each year as a sinking fund toward
the retirement OF our bonds. Bryce,
II tust can't he done. Wed have our
road about half completed when we'd
bust UP in business; indeed. the min
ute Pennington suspected We We're
parallelirg his lire, he'd choke of
our wind. tell YOU Il can't be done
But Bryce cortradicted him earn
estly. ut can he done" he said. III
we can start building our road and
have IL half completed before Pen
nlngton jumps on us, Gregory will
simply have TO come 20 our aid in
self defense. Once he ties up with us,
he's committed TO the task of seeing
us thru. can do il. tell YOU"
John Cardigan raised his hand.
mo" he raid firmly. ~ will not al
low you TO do this That way-that
e the Pennington method. II We fail.
my son, Wa must pass out like gentle
men. not black-uards We will not
take ADVANTAGE Of this man Gregory's
faith. II he Joins forces with us. We
lay our hand on the table and let him
look"
Then he'll never Join hands with
US, partner. We're done"
We're not done my son. We have
one alternative. and I'm going to
take it. I've got to-tor your sake
Moreover. your mother would have
wished it so"
You don't mean"
Yes. do. I'm going 70 sell Pen
nington nv VALLEY Of the Giants. It is
my personal property. aud It is not
nortgaged. Pennington can never
foreclose on it-and until ne gets it,
twenty-five hundred acres Of virgin
timber on Squaw creek are valueless
nay. a source Of expense TO him
Bryce, he has to have It: and hell
pay the price when he knows I mean
business"
With a sweeping gesture he waved
aside the arsuments that rose to his
sons lips. Lead me to the teIe-
phone" he comma nded: and Bryce.
recognizing his sire's unar.era bic
determination, obeyed.
Find Pennincton's number in the
telephone book" John Cardigan COM
nlanded next.
Bryce found f. and his father pro-
ceeded 10 get the Colonel on the wire.
Pennington" he said hoarsely. this
is John Cardigan speaking. I've de-
cided to sell you that quarter-section
that blocks your timber on Squaw
creek"
Indeed" the Colonel purred. st
had an idea YOU We're going to pre-
sent 1t TO the city for natural park. ="
I've changed my mind. I've de-
cided to sell at your last offer"
I've changed my mind. TOO. I've
decided not to buv-at my last offer
Good night
Slowly John Cardigan hung the
receiver on the hook. turned and
CROPPED for his son. When he found
him, the old man held him for a mo-
rnent in his arms. Lead ne upstairs,
SON" he murmurcd presently. I'm
tired. Pm going TO bed"
When Colonel Seth Pennington
turned from the telephone and faced
his niece Shirley read his triumph
in his face. old Cardigan has ca
pirulated at last he cried exiting
Iy. He Just telephoned to say he'd
accept my last offer for his Valley Of
the Giants"
Put you're not going TO buy It.
You told him So Uncle Seth"
COZ course Pm not going to buy IT,
at my last offer. It's worth Ave thou
+ sand dollars in the open market, and
once I offered him fifty thousand for
1t. Now III give him five"
II wonder why he wants TO SELL
Shirley unused. From what Bryce
Cardigan told me once, his father at
taches a sentimental value to that
strip Of woods; his wife is buried
there"
He's selling it because he's des-
perate. IT he wasn't lettering on the
verge OF bankruptcy. he'd never let
me outgnme him" Pennington re-
Piled gayly. TN wait until he has
gone husband save twenty five or
thirty thousand dollars"
II think you're biting off your nose
10 spite your face. Uncle Seth. The
Laguna Grande Lumber company
needs that outlet. In dollars and
pany?"
IF I thought 7 couldn't get 1t from
Cardigan few months from now, I'd
go as high as a hundred thousand for