Scattergood Baines by Clarence Budington Kelland
page 24 of 384 (06%)
page 24 of 384 (06%)
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"Which you haven't got."
"Somebody has," said Scattergood. "_We_ have," said Crane. "That's why we came to you--and with a proposition. You've grabbed this thing off, but you can't hog it, because you haven't the money to put it through. Our offer is this: You put in your locations and your charter against our money. We'll finance it. Your enterprise entitles you to control. We won't dispute that. You can have fifty-one per cent of the stock for what you've contributed. We take the rest for financing. We're known, and can get money." "How you figger to work it?" "We'll bond for forty thousand dollars. Keith and I can place the bonds. That'll give us money to go ahead." Scattergood reached down and took off a huge shoe. Usually he thought more accurately when his feet were unconfined. "That means we'd sort of mortgage the whole thing, eh?" "That's the idea." "And if we didn't pay interest on the bonds, why, the fellers that had 'em could foreclose?" "But we needn't worry about that." "Not," said Scattergood, "if you fellers sign a contract with the dam and boom company to give them the exclusive job of drivin' all your |
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