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Updated: May 16, 2025
"Captain," Sylvester leaned forward now; "Captain," he repeated, "it is that sale and the dividends which are troubling us. I told you that the Akrae Company was organized with two hundred and fifty shares of stock. Your brother held one hundred in his own name and fifty transferred to him by his dummy, Craven.
If the Bradley certificate is a forgery, a fraud from beginning to end, then the presumption is that there was never any such person as Bradley. But someone paid ten thousand dollars for one hundred Akrae shares when the company was formed. That certificate has never been turned in. Some person or persons, somewhere, hold one hundred shares of Akrae Rubber Company stock. Think, now!
"I've been told somethin' about it. Go on!" "Well, it was not put through, so his hopes there were frustrated. And that was but one of his schemes. However, when the sale of the Company was consummated, he did an extraordinary thing. He made out and signed his personal note, payable to the Akrae Company, for every cent he had misappropriated. And we found that note in his safe after his death.
If you don't, I swear to the Lord A'mighty I'll take the fust train, go straight to New York, hunt up Graves, make him go down to the office and get that note your father made out turnin' all his property over to that Akrae Company. I'll get that note and I'll burn it up. Then then you'll have to take the money, because it'll be yours.
Nobody ever heard of the man; and his transfer to your brother was made, and the certificate signed by him, only three years ago, when the Akrae Company sold out. It will take too long to go into details; but thanks to the kindness of the Para concern, which has offices in this city we have been able to examine this Bradley certificate. Experts have examined it, also. And they tell us "
"You don't know, but we're all entitled to guess, hey?... Humph!" "If this person is living," began Sylvester, "it follows that " "Hold on a minute! I don't know much about corporations, of course that's more in your line than 'tis in mine but I want to ask one question. You say this what-d'ye-call-it this Akrae thingamajig was sold out, hull, canvas and riggin', to a crowd in Brazil?
Graves struck the table with his open hand. "He doesn't understand at all," he exclaimed, impatiently. "Captain Warren, listen! That note is made payable to the Akrae Company. Against that company some unknown stockholder has an apparent claim for two-fifths of all dividends ever paid and two-fifths of the seven hundred and fifty thousand received for the sale.
The terms of his new lease were very advantageous. Royalties were to be paid on a sliding scale, and, from the very first, they were large. The Akrae Company paid enormous dividends." "Did, hey? I want to know!" "Yes. In fact, for twelve years the company's royalties averaged $50,000 yearly." "Whe-e-w!" Captain Elisha whistled. "Fifty thousand a year!" he repeated slowly. "'Bije! 'Bije!" "Yes.
Who that stockholder was we did not know until that day of the meeting at our office. Then Captain Warren told us." "But he did not know, either?" "Not until then. He supposed his Akrae stock worthless, and had practically forgotten it. When we told him of its value, of the note, and of the missing shareholder, he knew, of course." "What did he say?" "Say?
Caroline did not speak for a moment. Then she asked: "And no one knew you or my uncle or anyone of all this until last March?" "No. Graves had, with his usual care and patience, pieced together the evidence and investigated until we were sure that a stockholder in the Akrae Company existed and that all of your father's estate belonged to him.
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