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Updated: May 22, 2025
Its only business now was the street illumination of twelve blocks, under a municipal contract which lost him money every month, and it had been a terrific task to keep it going. The Consolidated Illuminating and Power Company, however, Bobby discovered by careful inquiry, was in even worse financial straits than the Brightlight.
With sparkling eyes and blushes that would come in spite of her, she told him what she intended to do. When she had concluded, Dan Elliston slapped his knees in huge joy. "You shall have all the money you want," he declared. Upon that same afternoon Bobby started to buy up, here and there, nearly the entire stock of the Brightlight, purchasing it at an absurdly low price.
"Well, the Brightlight Electric is still making money, and Johnson has stopped leaks to the amount of at least twenty thousand dollars a year, which will permit us to keep up the ten per cent. dividends, even with our increased capitalization, and even without an increase of business." "Glorious!" she said with sparkling eyes. "Too good to be true," he assured her. "They'll take it away from me."
In a separate bank reposed the new fund of two hundred and fifty thousand dollars, which he kept religiously aside from the affairs of the Brightlight, and this fund also waited; for Bobby was not nearly so feverish to find instant employment for it as he had been with the previous ones though he had endless chances.
"Brightlight Electric Tottering to Its Fall," was the cheerful line which confronted him, and beneath this was set forth the facts that every profitable contract heretofore held by the Brightlight Electric had been taken away from that unfortunate concern, in which the equipment was said to be so inefficient as to render decent service out of the question, and that, having remaining to it only a money-losing contract for city lighting, business men were freely predicting its very sudden dissolution.
Chalmers, during Bobby's absence, secured all the secret information that he could concerning the Brightlight Electric, but nothing to its detriment transpired in that investigation, and when he returned, Bobby, very sensibly as he thought, completed his investment.
"You'd never get an offer," snapped Johnson to Applerod, "for you haven't any to sell. Why do you ask, Mr. Burnit?" Bobby regarded Johnson thoughtfully for a moment. "I know how to make the Brightlight Electric Company yield me two hundred per cent. dividends within a year or less," he stated. "Through Stone?" inquired Johnson. "Through Stone," admitted Bobby, smiling at Johnson's penetration.
"But Frank L. Sharpe!" she exclaimed, with shocked remembrance of certain whispered stories she had heard. "Really, I don't see where he enters into it," persisted Bobby. "The Brightlight Electric Company is a stock corporation, in which Mr. Sharpe happens to own some shares; that is all." She shook her head. "I can't seem to like it," she told him, and rose to go.
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