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A Woman Intervenes Part 34

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'I remember you perfectly,' replied Wentworth. 'Won't you sit down?'

'Thank you. I did not know where to find Mr. Kenyon, and so, being aware that both of you were interested in this mica-mine, I called to see you with reference to it.'

'Indeed! I understood Mr. Kenyon to say that he had called upon you, and that you had decided to have nothing to do with it.'

'I hardly think he was justified in saying anything quite so definite. I got from him such particulars as he cared to give. He is not a very communicative man at the best, but he told me something about it, and I have been thinking over his proposal. I have now concluded to help you in this matter, if you care to have my aid. Perhaps, however, things have got to such a stage that you do not wish any a.s.sistance?'

'On the contrary, we have done very little. Mr. Kenyon is just now among the china manufactories in the North, finding out what demand there will be in England for this mineral.'

'Ah, I see. Have you had reports from him yet?'

'Nothing further than a letter this morning, which is very satisfactory.'

'There is no question, then, about the mineral being useful in the china trade?'

'No question whatever.'

'Well, I am glad of that. Now, Mr. Kenyon spoke to me on the steamer of going in share and share alike; that is, you taking a third, he taking a third, and I taking a third. We did not go very minutely into particulars, but I suppose we each share the expense in the same way--the preliminary expenses, I mean?'

'Yes,' said Wentworth; 'that would be the arrangement, I imagine.'

'Well, have you the authority to deal with me in the matter, or would it be better for me to wait until Kenyon comes back?'

'We can settle everything here and now.'

'Very good. Would you have any objection to my seeing the papers that relate to the mine? I should like to get the figures of the output as nearly as possible, and any other particulars you may have that would enable me to estimate the value of the property. Also I should like to see a copy of the option, or the original doc.u.ment by which you hold the mine.'

'Certainly; I shall be very pleased to give you all the information in my power.' Wentworth turned to his desk and wrote for a few moments, then blotted the paper he had been writing, and handed it to Longworth.

'You have no objection, before this is done, to signing this doc.u.ment, have you?'

Longworth adjusted his one eyegla.s.s and looked at the paper, which read: 'I hereby agree to do my best to form a limited liability company for the purpose of taking over the Ottawa Mica-mine. I agree to pay my share of the expenses, and to accept one-third of the profits.'

'No, I don't object to sign this, though I think it should be a little more definite. I think it should state that the liability I incur is to be one-third of the whole preliminary expenses, the other two-thirds to be paid by Kenyon and yourself; and that, in return, I am to get one-third of the profits, the other two-thirds going to yourself and Kenyon. I think it should also state the amount of the capital of the new company; two hundred thousand pounds was suggested, if I remember rightly.'

'Very well,' answered Wentworth; 'I will rewrite that in accordance with your wishes.'

This he did, and Longworth, again adjusting his eyegla.s.s, read it.

'Now,' he said, 'as we are so formal about the matter, perhaps it would be as well for you to give me a note which I can keep, setting forth these same particulars.'

'Undoubtedly,' said Wentworth, 'I shall do that. Probably it would be better for you to write the doc.u.ment to suit your own views, and I will sign it.'

'Oh no, not at all. Write whatever is embodied there, so that you will have one paper and I the other.'

This was done.

'Now then,' said Longworth, 'when does your option run out?'

Wentworth named the date.

'Who is the owner of the mine?'

'It is owned by the Austrian Mining Company, headquarters at Vienna, and the option is signed by a Mr. Von Brent, of Ottawa, who is manager of the mine and one of the owners.'

'You are perfectly certain that he has every right to sell the mine?'

'Yes; Mr. Kenyon's lawyer saw to that while he was in Ottawa.'

'And you are sure, also, that your option is a thoroughly legal instrument?'

'We are sure of that.'

'Has it been examined by a London solicitor?'

'It has been submitted to a Canadian lawyer. The bargain was made in Canada, and it will have to be carried out in Canada, under the laws of Canada.'

'Still, don't you think it would be just as well to get the opinion of an English lawyer on it?'

'I think that would be an unnecessary expense. However, if you wish to have that done, we will do it.'

'Yes; I think we shall need to have the opinion of a good lawyer upon it before we submit it to the stockholders.'

'Very well, I will have it done. Is there anyone whom you wish to give an opinion on it?'

'Oh, it is a matter of indifference to me; your own solicitor would do as well as anyone else. Perhaps, however, it will be better to have a legal adviser for the Mica Mining Company, Limited--we shall have to have one as we go on--and it might be as well to submit the doc.u.ment to whomever we are going to place in that position. It will not increase the legal expenses at all, or at least by only a very trifling amount. Have you anyone to suggest?'

'I have not thought about the matter,' said Wentworth.

'Suppose you let me look up a firm who will answer our purpose? My uncle is sure to know the right men, and that will be something towards my share of forming the company.'

'Very good,' said Wentworth; 'that will be satisfactory to me.'

'Now, there is a good deal to be done in the forming of a company, and it is going to take three men a good deal of time, besides some expense.

What do you say to letting me look up offices?'

'Do you think it is necessary to have offices?'

'Oh, certainly. A great deal depends, in this sort of thing, on appearances. We shall need to get offices in a good locality.'

'To tell the truth, Mr. Longworth, Kenyon and I have not very much money, and we do not want to enter into any expense that is needless.'

'My dear sir, it is not needless. This business is one of those things into which, if you go boldly, you win; while if you go gingerly, on the economical plan, you lose everything. Of course, if there is to be a scarcity of cash, I shall have nothing to do with the scheme, because I know how these half-economically worked affairs turn out. I have seen too much of them. We are making a strike for sixty thousand pounds each. That is a sum worth risking something for, and, if you will believe me, you will not get it unless you venture something for it.'

'I suppose that is true.'

'Yes, it is very true. Of course I've had more experience in matters of this kind than either of you, and I know we shall have to get good offices, with a certain prosperous look about them. People are very much influenced by appearances. Now, if you like, I will see to getting the offices and to engaging a solicitor. Every step must be taken under legal advice, otherwise we may get into a very bad tangle and spend a great deal more money in the end.'

'Very well,' said Wentworth. 'Is there anything else you can suggest?'

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A Woman Intervenes Part 34 summary

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