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Updated: May 14, 2025
This invaluable document, after setting forth the immense benefits to society arising from habits of providence and the introduction of insurance companies, proving the infamous rate of premiums exacted by the existent offices, and their inapplicability to the wants of the honest artisan, and declaring that nothing but the purest intentions of benefiting their fellow-creatures, and raising the moral tone of society, had led the directors to institute a new society, founded on the noblest principles and the most moderate calculations, proceeded to demonstrate that twenty-four and a half per cent was the smallest possible return the shareholders could anticipate.
I will give back the receipt to the Prince and all trace of this deplorable affair will be wiped out." "But the numbers of the shares will not be the same," said Madame Desvarennes, accustomed to minute regularity in all operations. "We can explain the change by feigning a sale when they were high, and buying them up when low. We will show a profit, and the shareholders will not quarrel.
Soames arrived on the stroke of time, and took his seat alongside the Board, who, in a row, each Director behind his own ink-pot, faced their Shareholders. In the centre of this row old Jolyon, conspicuous in his black, tightly-buttoned frock-coat and his white moustaches, was leaning back with finger tips crossed on a copy of the Directors' report and accounts.
At any rate I had eaten the porridge in the shape of worthless but dearly purchased shares, after labouring hard at the chase of the golden calf, while brother Jacob had got my inheritance, or rather my money. Probably he was now counting it over in sovereigns upon the ship and sniggering as he thought of the shareholders' meeting with me in the chair.
In a well-educated community it would be perceived at once that it is the well-financed and prosperous companies which improve production in the interests of their shareholders, their workmen, and the public; that the price which the public pays for a commodity is ultimately the price at which the worst financed and worst managed companies can just manage to keep alive; that the higher profits earned by the better companies are not wrung out of the pockets of the community, or their workmen, but are the result of good management and good finance; and that the more the good companies are encouraged to go ahead and drive the bad ones out of existence, the better will the community be served, and the better will be the chance of the workmen to get good wages.
On the contrary, he held that the gay colors of the furniture and the glitter of the gilded cornices were bound to have a fascination for prospective shareholders. Suzanne had reserved a little corner for herself, modestly hung with muslin and furnished with simple taste, which was a great contrast to the loud appearance of the other part of the house.
On behalf of the shareholders at large whose interests are in our hands, I think it expedient that any general statement should be postponed for a short time, and I flatter myself that in that opinion I shall carry the majority of this Board with me. Mr Melmotte did not make his speech very fluently; but, being accustomed to the place which he occupied, he did manage to get the words spoken in such a way as to make them intelligible to the company.
She certainly excelled in "rounding-up goat," riding the old Billy like a race-horse; and with Rosy filling the position of housemaid to perfection, Jimmy's Nellie proving invaluable in her vigorous treatment of the rejected and the wood-heap gossip filling in odd times, life so far as it was dependent on black folk was running on oiled wheels: the house was clean and orderly, the garden flourished; and as the melons grew apace, throwing out secondary leaves in defiance of Cheon's prophecies, Billy Muck grew more and more enthusiastic, and, usurping the position of Chairman of the Directors, he inspired the shareholders with so much zeal that the prophecies were almost fulfilled through a surfeit of watering.
She had quite forgotten a wind-fall which had come lately some complicated transaction relating to a great industrial company in which she had shares and which had lately been giving birth to other subsidiary companies, and somehow the original shareholders, of whom Lord Risborough had been one, or their heirs and representatives, had profited greatly by the business.
Come, father, don't sacrifice your son, and his happiness and his love for you, to notions the world has outlived. Commerce does not lower a gentleman, nor speculation either, in these days. The nobility and the leading gentry of these islands are most of them in business. They are all shareholders, and often directors of railways, and just as much traders as the old coach proprietors were.
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