Titan / Титан. Книга для чтения на английском языке

His own watchful attorney, on guard at the state capitol, where certificates of incorporation were issued in the city and village councils, in the courts and so forth, was not long in learning that a counter-movement of significance was under way. Old General Van Sickle was the first to report that something was in the wind in connection with the North Side company. <…>

“Someone – I don’t know who – is getting these three old companies together in one. There’s a certificate of incorporation been applied for at Springfield for the United Gas and Fuel Company of Chicago, and there are some directors’ meetings now going on at the Douglas Trust Company.

Cowperwood put the ends of his fingers together in his customary way and began to tap them lightly and rhythmically.

“Let me see – the Douglas Trust Company. Mr. Simms is president of that. He isn’t shrewd enough to organize a thing of that kind. Who are the incorporators?”

The General produced a list of four names, none of them officers or directors of the old companies.

“Dummies, every one,” said Cowperwood, succinctly. “I think I know,” he said, after a few moments’ reflection, “who is behind it, General; but don’t let that worry you. They can’t harm us if they do unite. They’re bound to sell out to us or buy us out eventually.”

Still it irritated him to think that Schryhart had succeeded in persuading the old companies to combine on any basis; he had meant to have Addison go shortly, posing as an outside party, and propose this very thing.

“Have you heard the news?” exclaimed that individual, the moment Cowperwood appeared. “They’re planning to combine. It’s Schryhart. I was afraid of that. Simms of the Douglas Trust is going to act as the fiscal agent.

“So did I,” replied Cowperwood, calmly. “We should have acted a little sooner. Still, it isn’t our fault exactly. Do you know the terms of agreement?”

“They’re going to pool their stock on a basis of three to one, with about thirty per cent. of the holding company left for Schryhart to sell or keep, as he wants to. He guarantees the interest. We did that for him – drove the game right into his bag.