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"The principle of retired interests might be maintained, by allowing the officers to receive the dividends on the stock they held at retirement for say, seven or ten years, before it reverted to the Company. "To carry out these arrangements, it would be necessary to set aside in trust about 150,000l. stock.
Wintermuth's opinion. And the stockholders, receiving dividends of 12 per cent per annum, lean years and fat alike, never audibly complained. In appearance the Guardian's President upheld the best traditions of the old school from which he sprang. Above middle height, his erect figure gave him still much the air of a cavalier.
All his investments were paying well: the store was prosperous, he was successful in all his trading enterprises, he had purchased, at fearful shaves, scores of perfectly good notes, he realized on loans interest which would cause a usury law to shrivel and crack, his insurance policies brought him fair dividends, and his wife kept house with economy and thrift.
Purchasers of the stock should accordingly consider amortization and pay only such price as will be covered by the discounted value of the prospective dividends during the life of the mine. The price of the output fluctuates, however, and the rate of any year's earnings can only be conjectured.
"That matter of outside capital is by no means so substantial as it might seem," said Percy. "It is worth while to consider how little real wealth there would be in America if the remaining rich lands should become impoverished. The railroads would at once cease to pay dividends, and those who are now millionaires in railroad stock would find themselves on the rapid road to poverty.
"Thanks! but my observation leads me to believe that at the present day the profession of the Sycophants pays the heaviest dividends. Does Cleopatra's fondness for figs enable her to appreciate my worldly wisdom?"
And men ask this to-day all the more eagerly because of sinister signs in recent educational movements. The tendency is here, born of slavery and quickened to renewed life by the crazy imperialism of the day, to regard human beings as among the material resources of a land to be trained with an eye single to future dividends.
Crevel settled on his wife a fortune consisting, in the first place, of forty thousand francs in dividends on specified securities; secondly, of the house and all its contents; and thirdly, of three million francs not invested.
The main structure was Boundary himself, with his extraordinary financial genius, his plausibility, his lightning exploitation of every advantage which offered. Outwardly he was the head of three trading corporations which complied with the laws, paid small but respectable dividends and cloaked other operations which never appeared in the official records of the companies.
He will be here the first of the month to receive his dividends." "Will he stop with you?" "Probably. He generally dines with me when he comes over." "Will you introduce me?" "With pleasure." Mr. Fairfax appeared to hear this with satisfaction, and said that he would make Colonel Preston an offer for a part of his stock.
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