Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19

ana they tell everything they know.
They're better than Il newspaper. IN
oct you 50 against Il rusty beer stop
per That the president OF the COM
hcrciai Bank knows about this Bos-
TON franchise talk before he gets
home TO dinner"
"Mr. Daw, gentlemen. is a very
Shrewd and very persistent man.
Mr. Wallingford explained. bcamin.:
upon that gentleman in Friendly nd :
ihtfatioh as he addressed the stock :
holders OF the Ciudcrbur;; Ban sun
Engine Light. Heat and Power Com :
pany and of the American Bank Sun
Eng me manufacturing Company. gath
Quinzc dining room. lie had prac-
tically his own way with me in a
bargain For city the size OF Ros-
ton. the International Bang Sun En-
glnr Company should have Il cash
bonus q: $4,000. Mr.. Daw. however.
representing syndicate of, Boston
capitalists. has jawed and dickcrcd
with me all day on that proposition.
and l must say that he has done some
fine work for the gentlemen whom
he represents. Finally. however. we
have reached an understanding.
know that YOU gentlemen viii bc in
rcr"Stcd in this matter. because every
additional company taken under the
wing Of the International Bang Sun
Engine Company strengthens the
2owcr - every other one. and is one
santic organization which is event
ualIy 10 control both the commerce
and the social life az the world"
From his poke. u" produced Il con-
tract plrntifully adorned with red
seals. which he read to them in 3,
grave and sonorous voice. 1t was an
~ grCcmcNt between the international
Bang sun Enginc Company and one
Horace 6. paw. giving the latter
gentleman u thirty-day option To form
IL i,ri
Heat and Power Company with u
capitalization of s".000.n00. $3.50, 900
OF which We're TO become the proper
~ of the International Bang sun
Engine Company. in return for the
privilege Of doing business under the
Bang patents. For this option. Mr..
Daw was TO pay to the Internal onal !.
or parent company, the sum OF $4,000.
which sum was to be aud remain the
property of the International Bans;
sun Engine Company. no matter
whether the Boston company was
formed within the specified time or
not Thercupon. Mr.. Wallingford
passed about tho table Mr.. DAVIS
draft. drawn through the Commercial
Bank of Cindcrhurg upon tho Guar
ant"c and Fidelity Bank OF Sew York.
in favor OF the International Bank
sun ENGINE Company. in the amour,
OF $1,000.
The gentlemen about the board re-
gardcd that check with interest. !;
was not so unusual an amount. but
ii was clear profit! That WAS what
| made il attractive. The International
Rang sun Engine Company, though
| having million-do capitalization.
had not been put to dollars worth
of expense. except for the furnishing
Of Offices and u triflinG BIT Of clcrl;
hire. II could have no expense. MI
the income OF his parent company
was pure velvet" Already, in the
first stages OF its existence. II had
taken in 5000 nct-caSh profit. and
| moreover. il owned s5l.Oou worth O!
stock in the Cindcrburg Rang sun
! Engine Light. Heat and Power Com
pany, over Sl2G.000 worth Of stock in
, the American Fang Sun Engine Man
ufaCturing Company. and over 81
| 500, O0o worth OF stock. tentatively, in
the Boston Bang sun Engine Light
| Heat and Power Company. Think OF
it! Nearly sS,00o,00o worth OF stock
in other and necessarily good div
| idcnd paying companies in return for
an outlay which WAS almost nil. Th,
! parent company! Their mouths fairly
/ drippcd as they thought OF IL, and rs
! they looked upon the broad bulk oi
| Mr.. WallinSiord. fairly radiatinS Soot