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Year after year had that painstaking official made up the current statement of the company's position, to be presented in silence to Mr. Wintermuth on the first business day of every month. Year after year had he carried this balance sheet to his chief and stolidly waited for the word of satisfaction which was always forthcoming, save in exceptional cases.
In other words, I have been growing more and more sure that we are too honest comparatively." "How is that? How is that?" said Mr. Wintermuth, sharply. "Perhaps I should say that some of our associates in the Conference are not quite honest enough, at least in the construction they put upon their pledges." "You will have to be more specific, sir," returned the President, somewhat sternly.
If the Salamander's loss up there is less than $600,000, I shall be surprised." "Their surplus isn't as much as that, is it? That will impair them." "On the first of January their surplus was a little less than half a million." "Oh, well," Mr. Wintermuth returned, "I suppose they'll assess their stockholders. That man Murch will probably get up an underwriting syndicate to handle it."
Most of them are well disposed toward us; other things being equal, they'd be glad to restore the status quo, and none of them are anxious to be made joint defendants with the Conference companies in a conspiracy suit." Mr. Wintermuth said nothing for a long minute; then his face broke into almost the first sincere smile which had been seen on it since the opening of the year.
"Well, I move that the President be empowered to hunt up the most likely candidate he can find for Mr. O'Connor's position," said Mr. Whitehill, and the motion was carried. An adjournment was taken for a week, or until such time as Mr. Wintermuth should have a candidate ready for consideration. There was one decided drawback to the successful accomplishment of the task to which Mr.
And you certainly will never lose much by getting out of a security at the highest price it's touched in that entire period." "Perhaps not. I will speak to Griswold about it," said Mr. Wintermuth. "I am not a financier, and all this is somewhat outside my province," Smith went on; "but I think we ought to follow more closely the trend of modern business methods.
Wintermuth feels it's always best to be on the safe side.
Wintermuth himself, and still regarded him with the kindly tolerance of the days when they were the cognoscenti, and he the neophyte, learning the ropes at their hands.
Any act on behalf of the company, when done by the President, they promptly ratified; and indeed they had for many years made it palpable to the meanest intelligence that they considered James Wintermuth the head, brain, heart, and all the other vital organs of the company which they nominally directed. In short, James Wintermuth was the Guardian.
Wintermuth to his door, he had been the nerve if not the brains of the general agency of Hill and Daggett of William Street, representing in an extensive territory a fleet of some seven small companies with more sporting spirit than assets, and his astute helmsmanship had resulted in running all seven soundly and irrevocably upon the rocks.
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