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"Give them two hundred dollars profit apiece," said McKettrick.
"Consid'able difference between givin' it and their takin' it," said Scattergood. "I agree with that," said w.a.n.gen.
"Now, w.a.n.gen, you and me has done consid'able business," said Scattergood, "and you hain't goin' to hold up a friend of mine."
"If it was a personal thing, Mr. Baines; but I've got to do my best for my clients."
"What's your proposition?"
"Five thousand dollars apiece for the three strips."
"It's an outrage," roared McKettrick. "I'll never be robbed like that."
"Take it," said w.a.n.gen, "or leave it."
"You've _got_ to have it," Scattergood whispered.
McKettrick spluttered and stormed and pleaded, but w.a.n.gen was firm and gave but one answer. There could be but one result: McKettrick wrote a check for fifteen thousand dollars--and still had one strip to buy--a strip not at an edge of his mill site, but bisecting it.
This strip caused the worry when Scattergood needed attention distracted the most. But Scattergood managed finally to secure it for McKettrick for seventy-five hundred dollars. Thus it will be seen how Scattergood resorted to the law of necessity, and how McKettrick suffered from failure to build securely his commercial structure from its foundation.
Twenty-two thousand two hundred and fifty dollars were paid by McKettrick for land that had cost Scattergood exactly three thousand six hundred dollars. Scattergood believed in always paying for services rendered, so w.a.n.gen and each of the four ostensible landowners were given a hundred dollars. Net profit to Scattergood, eighteen thousand one hundred and fifty dollars.
"Which it wouldn't 'a' cost him if he hadn't looked sneerin' at my stockin' feet," said Scattergood to Johnnie Bones.
Johnnie Bones prepared the papers for the incorporation of the new railroad, and the organization was perfected. There were two thousand shares of one hundred dollars each. McKettrick put in his right of way at five thousand, an excessive figure, as Scattergood knew well, and gave his check for the balance of his 49 per cent. Scattergood deposited a check for his 51 per cent, or one hundred and two thousand dollars.
Work was begun grading the right of way immediately.
McKettrick vanished from the region and did not appear again except for flying visits to his rising plant at Tupper Falls. He never inspected so much as a foot of the new railroad back into the Goodhue tract--and this, Scattergood very correctly took to be suspicious. The work was left utterly in Scattergood's hands, with no check upon him and no inspection. It was not like a man of McKettrick's character--unless there were an object.
Once or twice Scattergood encountered President Castle of the G. & B.
while the road was building.
"Hear you're putting in a logging road for McKettrick," he said.
"For me," said Scattergood. "Stock stands in my name. Calculate to operate it myself."
"Oh!" said Castle, and drummed with his fingers on the window ledge.
Scattergood said nothing.
"Own the right of way?" asked Castle.
"'Tain't precisely a right of way," said Scattergood. "It's a eas.e.m.e.nt, or property right, or whatever the lawyers would call it, to run tracks over any part of McKettrick's property and operate a loggin'
railroad--where McKettrick says he wants to get logs from."
"No definite right of way?"
"Jest what I described."
"Capitalized for two hundred thousand, I see."
"Uh-huh!"
"Any stock for sale?"
"Not at the present writin'."
"At a price?"
"Wa-al, now--"
"Say a profit of twenty dollars a share."
"It'll pay dividends on more 'n that figger," said Scattergood, "which," he added, "you know dum well."
"Yes," said Castle, "but for a quick turnover--and I'm not figuring dividends altogether."
"Kind of got a bone to pick with McKettrick, eh?"
"Maybe."
"Tell you what I'll do," said Scattergood. "I'll sell you forty-nine per cent of the stock at a hunderd and twenty. Stock to stand in my name till the road's ready to operate, I don't want it known I've been sellin' any.... Shouldn't be s'prised if you was able to pick up control one way and another--but I hain't goin' to sell it to you."
"I see," said Castle, closing his eyes and squinting through a slit between the lids. "It's a deal, Mr. Baines," he said, presently.
"Cash," said Scattergood.
"You'll find a certified check in the mail the day after I get the proper papers."
Which transaction gave Scattergood another profit on the whole affair of nineteen thousand six hundred dollars--this time a capitalization of the spite of man toward man. It will be seen that McKettrick owned 49 per cent of the stock, Castle, 49 per cent, and Scattergood, 2 per cent. He was now in a position to await developments.
They arrived as the railway was on the point of running its first train.
McKettrick brought them in person. He burst upon Scattergood as Scattergood sat in front of his hardware store, and began to storm.
"What's this? What's this?" he roared. "What's that railroad doing up the easterly side of our timber? It's waste money, lost money. It'll have to be rebuilt. We've made all arrangements to cut off the westerly side. Now we'll have to swamp roads and log by team till the road can be moved."
"Um!..." said Scattergood, "so _that's_ it, eh? I was wonderin' how it would come."
"It was an inexcusable blunder, and it'll cost you money. You know how the railroad's contract with the company reads. Who gave you directions to run up the easterly side?"
"My engineer got 'em in your office."
"Oh, your engineer. He made the mistake, eh? Then the mistake's yours, all right, for every sc.r.a.p of writing in our office has the word 'westerly' in it, plain and distinct. It means tearing up those rails, grading a new line--and you'll pay for it. I sha'n't stand loss for your mistake. It'll cost you a hundred thousand dollars for that blunder."
"Hain't you discoverin' it a mite late?"
"It was left wholly to you."
"Seems like I noticed it," said Scattergood. "So all that work's lost, eh? Seems a pity, too."