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Updated: May 14, 2025
And then there's your big high-sounding millionaire names stuck into your advertisements as stockholders another card, that and they are stockholders, too, but you have to give them the stock and non-assessable at that so they're an expensive lot. Very, very expensive thing, take it all around, is a big internal improvement concern but you see that yourself, Mr.
The capital stock was placed at five million, full-paid and non-assessable, with John T. Lytle as treasurer, E.G. Head as secretary, Jess Pressnall as attorney, Captain E.G. Millet as fiscal agent for placing the stock, and a dozen leading drovers as vice-presidents, while the presidency fell to me.
He tapped his coat over the region of his chest exultantly. "Gold mining stock," he explained, "every cent of it. Shares par value one dollar. Bound to go up 500 per cent. within a year. Non-assessable. The Blue Gopher mine. Just discovered a month ago. Better get in yourself if you've any spare dollars on hand." "Sometimes," said I, "these mines are not "
The boys tell him he's missing a good thing by not throwing in with us. They say I'm giving 'em each a big block of stock, paid up and non-assessable, and they don't want him to come round later when they're rolling in wealth and ask why they didn't give him a chance too. "I can just hear you talk," said Sandy.
It was as neat a job of baby-killing as Eells had ever accomplished, and he slew them both with a smile. They had conspired in their innocence to gain stock in the company and to hawk it about the streets; but neither had thought to suggest the customary Article: "The stock of said company shall be non-assessable."
It struck home where it was meant to strike among small and unfledged investors. It roped them in by thousands. The shares were ten dollars each, and non-assessable. Five out of six orders were from one to five shares; ninety-nine out of every hundred were not above ten shares. It was damnable.
And then there's your big high-sounding millionaire names stuck into your advertisements as stockholders another card, that and they are stockholders, too, but you have to give them the stock and non-assessable at that so they're an expensive lot. Very, very expensive thing, take it all around, is a big internal improvement concern but you see that yourself, Mr.
"And non-assessable!" "And the president of the company to come around personally and pay you your dividends on a silver platter," Smoke sneered. "No, sir. You fellows have got to be reasonable. Ten cents on the dollar will help start things. You buy two-fifths of the stock, hundred dollars par, at ten dollars. That's the best I can do. And if you don't like it, just start jumping the claims.
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