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"The first thing that I have to ask you," continued the Judge, "is that, whether you care to take the case or not, you will consider my own intervention in the matter absolutely entre nous. My position is simply this: I have protested at the meetings of the directors of the company against what I consider an unwise policy and my protests have been ignored.
Very few persons perhaps could have managed to commit so many blunders in so few words. But it is no disgrace at all to the Bank directors of that day to have committed these blunders. They spoke according to the best mercantile opinion of England. The City of London and the House of Commons both approved of what they said; those who dissented were said to be abstract thinkers and unpractical men.
If the legislature of New York or Pennsylvania or any other State should be found to be in such condition as I have supposed, could there be any security furnished against such a step on the part of the directors? Nay, is it not fairly to be presumed that this proviso was introduced for the sole purpose of meeting the contingency referred to? Why else should it have been introduced?
When Kanus Julius was condemned to death, his philosopher went with him to the scaffold and uttered consoling words about the destiny of the soul; and Seneca's own correspondence shows that he regarded this relation as the noblest philosophy could hold. Of such moral directors the most influential was ANNAEUS CORNUTUS, both from his varied learning and his consistent rectitude of life.
"But have you thought of a successor for ME, in case somebody shoots me on sight any time in the next ten years?" asked Pendleton, with a gravity equal to her own. "I reckon, as you're President of the El Dorado Bank, you'll make that a part of every president's duty too. You'll get the directors to agree to it, just as Jack here will get the Common Council to make it the Mayor's business."
The directors of the Bank of England have now received two thirds of the amount stolen April 11, 18 , and hereby announce that the persons who have the remainder of the stolen money, if they return it, will not be prosecuted. In the upper suburb of Montreal, Canada, stood an unassuming cottage, in the midst of a spacious and well-kept lawn and garden.
He should understand practical mine surveying and calculation of quantities, be able to dial and plot out his workings, and prepare an intelligible plan thereof for the use of the Directors, and should understand sufficient of physics, particularly pneumatics and hydraulics, to ensure thoroughly efficient pumping operations without loss of power from unnecessarily heavy appliances.
He went to work without fear or favour, reported many abuses to the Board of Directors, had several officers, commissaries, &c. removed from the service, and made his name as great a terror to the peculators at home, as it had been to the enemies of Britain in Hindostan.
They capitalized the Consolidated for more millions than a little man like me can think of, and we handed 'em our money because we thought they were honest. We thought the men who listed the stock on the Exchange were honest. And when the crash came, they'd got away with the swag, like any common housebreakers. There were dummy directors, and a dummy president.
In this way 40,300 pounds was subscribed, Virginia men taking 266 shares and Maryland men 137 shares. The stock holders elected George Washington as president of the company, at a salary of thirty shillings a year, with four directors to aid him, and they chose as general manager James Rumsey, the boat mechanician.
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