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Updated: June 4, 2025
Well, to business. What is there? Hilda. Nothing important, except a letter from Stroud & Fayerweather to say that the question of the royalty on Pomegranate Seed has been settled in your favor.
"Yes, I have failed; so has Fayerweather; so has Stearine." "Failed?" said Marcia, in an incredulous tone. "I thought it was the great people, I mean people in business, or with estates, that failed." "Well, have I not been in business?" "Yes, as secretary, and you have a salary. How can a man with a salary fail?" "Quite easily. Suppose the Vortex fails? My salary would stop."
Guess you and Fayerweather will raise the money. Pity Stearine hadn't wick enough in him to stand alone. Rather a poor candle, he is, he! he! Morning!" The gray eyes twinkled, the eyebrow whisked, and the sturdy legs bore the creditor away. Entering the office, Mr. Sandford tried to assume a cheerful look.
We must stop that." "The only way is to keep a sharp lookout, and if any of the stock is offered, to buy it up. Half a dozen of us can take all that will be likely to come into market." "How many shares do you own, Sandford?" asked Mr. Fayerweather, with a quizzical look. "Is this a nice little scheme of yours to run them off at par? It's a shrewd dodge."
Fayerweather should come before the sale was effected; and he was in a fever until the money was brought to him. Through the window he saw his friends Monroe, Bullion, and others, who called for him and were denied by his order; he chose to remain unseen. Fletcher did not return.
I have scarcely been out of my studio since I last saw you." "But it's in all the papers!" "I haven't seen a paper." "What I told you yesterday has come to pass. Henry has failed; so has the Vortex, and Mr. Fayerweather, the President, and Mr. Stearine, and everybody else, I believe. We shall probably leave the house and take lodgings." Every word was a pang to Greenleaf.
On the morning of the day which brought the downfall of Stearine and his indorsers, Sandford and Fayerweather, with the Vortex, whose funds they had misappropriated, Monroe came to the counting-room unusually cheerful. His anxiety respecting his little property was relieved, for he thought the monetary crisis was past, and that thenceforth affairs would improve.
Mr. Fayerweather was the astounded individual who received it. A sudden light broke upon him. He was swindled. He took out the Vortex shares which he had just bought by agreement, and, turning to the transfer-book, found that they were Sandford's. The Secretary had weathered the President with a vengeance. The lawyer to whom the protested note came happened to hold other claims against Mr.
Fayerweather and the Vortex, and, naturally judging that the Company might be involved in the difficulties of its officers, he commenced suit without a moment's delay. Ill news flies fast. In an hour after the first writs were served, suit was brought by Tonsor and other creditors, and the office was shut.
He chatted about the crisis, and, as a matter of course, brought all the latest news from State Street. Monroe listened to one piece of news, but had ears for no more. "Sandford and Fayerweather had failed, and the old Vortex, which they had managed, was dead broke, cleaned out." Mr. Lindsay was not the only heart-stricken man who left the counting-room that day.
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