Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
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Continued From Third rascD
pinkncss of HIS round face. the full
radiance of his confident smile.
Morley he said i'm the pleasant
tone requesting a match from a boon
companion. FL want To borrow 4
checking account OF $4,000.
Glad to accommodate. you." said
Mr.. Morley. his gray face wrcathinc
in an unctuous smile. lie had been
expecting Wallincford. wouderiuE
that he did not como around To the
Commercial and omen an account.
fearing tina; he had possibly gone
over 10 the Manufacturers with his
patronage. What collItcral?"
We'll" said WalIinEford. smiling.
~ guess III offer YOU some lnterna-
tonal Bang sun Engine stock"
Mr.. Morley shook his head and
viewed MIR. wallinEford in kindly re-
proof. While teat stock is undoubt-
rdly Of high worth. it isn't collateral.
Mir. WallinEfori. II represents at
present no tangible value. and. in
fact. is not even issued by an orer-
atinE concern"
Wailingford's broad shoulders
shook in joviai laughter. Yes. it is
he asserted. "iIcSid,S the 81 pcr cent
.. stock that IL has taken from the
Ctndcrhurs Ban sun Engine Light,
Heat ana Power COmrany. and Tho
same amount from tho American
Bang sun EnEiun Manufacturing
Company. 1t has collected from TIN"
latter concern four dollars in cash
as royalty on tho four Sun-cnEincs al
ready manufactured"
Mr.. Morley also laughed. Well
have 10 admit, then. tina; YOU are
scarcely think The directors OF our
bank would, oEcn with mat proof.
look rpon the international as q
tangible asset.
easily. II happen to need some ready
money today, bat ! can wire my New
York bank to make my account ZOO!
here for small amount; ana IN a
Some securities. Unfortunately |
have no one in New York empowered
to open my deposit box, and never
keen much idle cash
This latter was so ludiCrouSly true
tina; WallinEford had grea; difficulty
m giving the right facial expression
TO his grin. but Mr.. Morley was
thinking only OF what ne had hcar,,
about tina; deposit box and it's won
dcrfUl contents. and Of a little scheme
OF has own. Ky all means ne wished
10 save this king Of nuanCierS the
annoyance OF Il trip 80 New York.
That's not actually necessary II
your listen 20 me-" ~ said. While.
as president Of The COMMERCIAL Bank,
ain compelled 20 tell YOU that tho
stock of the International Bang sun
Engine COMPANY. is not to DO looked
upon as a tangible asset, have not
dividual."
"oa ! Sec" said wauingcord. s,nil-
ms.
~, don, believe you DO" re-
iurnN MIR. Morley. cOmplimcntiuE
himself internally for being 4 dcv!
81 siy follow and an ingenious one
Even personally would not caro- Il
loan money UNION the security.
Mr.. WH'IinEforl's face apparently
fell. In reality lac heavcd An inward
sigh %: satisfaction. you would
not" he incurred in ccssfaller
tone.
"No. insisted Nj. Morley. and thor
he smiled in=cnu"usly and placed his
hand in friendly confidence upon MIR
"alliHEsford' knee. IL might, how
eyer. considcr the purchase outright
OF a block % Il. IL the price wcr,
made attractive"
The interna,ional stock is no, 70,
sale said Mir. WalinEford stiGly. ant
arose.
Now, look here. walinstord," pro.
tested Morley; sit down OF cours,
know you've made your money bS
looking out for the main chance. /
only Ave shares Of stock, each, in tn,
!oca! company. and in the manufac
turing company. but you hold alrnos
5000 shares OF stock In the parcn
company. which viii hold 81 per cen
OF the stock in every other branch
company ever formed, which will
in addition. collect cash liconS,
premium from all other branch com
pan!eS and take = dollar royalty for
every snn-cnG!nc unit manufactured
during the life OF your overlapping
patents. which means indefinitely,
SoI- parent company, Mr Walling-
ford. is great sCHcu!c for iualiu
Standard on look Ike n small retail
concern. Hut in tho meantime tho
Commercial Bank viii be in n posi-
lion 10 do great many favors for