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Accordingly those public-spirited men, the directors, have determined to adopt the plan, and are all practising like mad to prepare themselves for the ensuing exhibition, when they are to be placed on pedestals. "It is supposed that Sir G. Beaumont, Mr. Long, Mr. Knight, etc., will occupy the principal lights.
They ought not to have done it; and it is a reflection upon their character that they did it. But the Directors praise him in the gross, after having condemned each act in detail. His actions are all, every one, censured one by one as they arise.
We should, moreover, recognize in cordial and ample fashion the immense good effected by corporate agencies in a country such as ours, and the wealth of intellect, energy, and fidelity devoted to their service, and therefore normally to the service of the public, by their officers and directors. The corporation has come to stay, just as the trade union has come to stay.
The directors bowed and returned to the bank; whither they were followed by four waggons escorted by hussars, and belonging to the financial department of the army of England.
Again, in the year 1841, precise orders were sent out on the same subject, orders which Lord Ellenborough seems to me to have studied carefully for the express purpose of disobeying them point by point, and in the most direct manner. You murmur: but only look at the orders of the Directors and at the proclamation of the Governor General.
It was the French attaché, Du Rollet, actuated by a sincere admiration of the Vienna master's works, who first proposed to have Gluck come to Paris. One of the directors of the Royal Academy of Music, to whom Du Rollet addressed himself, made the matter public in France, but did not reply. After some time Gluck himself renewed the agitation for a hearing, with no better results.
Instead of merging the Richmond and Danville directly into the West Point Terminal Company, the directors secretly decided to turn the Terminal Company assets over to the Richmond and Danville without apprising the stockholders of the Terminal Company.
"I can't see the good of all these directors' meetings. Why don't you retire, and live the rest of your life in peace? You've got money enough, and even if you haven't," she added, with the little quiver of earnestness that sometimes came into her voice, "we could sell this big house and go back to the farmhouse to live. We used to be so happy there."
The question is, what is to the best interest of the Guardian?" "That is a question," said Mr. Wintermuth, "for the directors to decide." "Of course," returned the other. "But I should be surprised if our directorate didn't take a broad and liberal view of it. Immediately following this conflagration, when so much insurance capital has been wiped out, there will be a need for more.
In theory and law an industry belongs to the stockholders, at least it is for the stockholders to elect the board of directors who through practical officers manage the business; but, as a matter of actual fact, to the man who has the best job in the world for himself right in that organization, the life of the organization is of greater importance than it is to any one of the stockholders.
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