The Shadow - 31 - The Red Blot by Maxwell Grant

Author:Maxwell Grant
Language: eng
Format: mobi, epub
Publisher: Street & Smith
Published: 1933-06-21T22:00:00+00:00

CHAPTER XIII. THE ULTIMATUM

THE departure of Selfridge Woodstock and his secretary had left the directors of the Amalgamated Builders’ Association in high fettle. Felix Cushman, the sharp-visaged chairman of the board, was prompt to state the importance of what had occurred.

“Gentlemen,” he said, “this means absolute success to our projects. By acquiring the cooperation of Selfridge Woodstock, by gaining his consent to duplicate the amount of our resources, we have assured ourselves against unexpected competition. Our president, Mr. Pringle, can tell you that.”

Pringle was nodding solemnly.

“Yes,” he asserted, “there is every reason to believe that Woodstock intended to put his money into building operations, here in New York. I have dealt with Woodstock before; I knew him to be a man of quick and definite decisions. We have gained Woodstock’s support; moreover, we will not lose him, now that he has decided to go with us.”

“We have made millions here tonight,” added Cushman. “Pringle says that he will not lose Woodstock. I tell you that we cannot afford to lose him. We have large resources, but they would not be large enough to offset any combination that might be formed to compete with us. Woodstock, however, has settled everything in our favor.

“I tell you again, gentlemen, those few minutes that he was here were worth millions to all of you who have large holdings in Amalgamated Builders!”

The directors, men of many millions, responded warmly to these statements. Cushman, the wealthiest of all, came in for strong approval. Pringle, too, was given his share of commendation. Although a comparatively small holder of Amalgamated securities, Pringle’s position as president made him important.

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