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the nominations for the presidency be closed. Mr. U. G. Trimmer seconded that motion, which was carried unanimously; and with no ado whatever Mr. Silas Trimmer was made president of the Burnit-Trimmer Merchandise Corporation, Mr. Burnit having most courteously cast twenty-six hundred votes for him; for was not Mr. Trimmer entitled to this honor by right of seniority? In similar manner Mr. Burnit, quite pleased, and not realizing that the vice-president of a corporation has a much less active and influential position than the night watchman, was elected to the second highest office, while Mr. Weldon was made secretary and Mr. Smythe treasurer. Mr. Harvey, Mr. U. G. Trimmer and Mr. Thomas Trimmer were, as a matter of course, elected members of the board of directors, the four officers already elected constituting the remaining members of the board. There seemed but very little business remaining for the stock-holders to do, so they adjourned; then, the members of the board being all present and having waived in writing all formal notification, the directors went into immediate session, with Mr. Trimmer in the chair and Mr. Weldon in charge of the bright and shining new book of minutes. The first move of that body, after opening the meeting in due form, was made by Mr. Harvey, who proposed that Mr. Silas Trimmer be constituted general manager of the consolidated stores at a salary of fifty thousand dollars per year, a motion which was immediately seconded by Mr. U. G. Trimmer. Bobby was instantly upon his feet. Even with his total lack of experience in such matters there was something about this that struck him as overdrawn, and he protested that fancy salaries should have no place in the reorganized business until experience had proved that the business would stand it. He was very much in earnest about it, and wanted the subject discussed thoroughly before any such rash step was taken. The balance of the discussion consisted in one word from Mr. Smythe, echoed by all his fellow-members. "Question!" said that gentleman. "You have all heard the question," said Mr. Trimmer calmly. "Those in favor will please signify by saying 'Aye.'" "Aye!" voted four members of the board as with one scarcely interested voice. "No!" cried Bobby angrily, and sprang to his feet, his anger confused, moreover, by the shock of finding unsuspected wolves tearing at his vitals. "Gentlemen, I protest against this action! I----" Mr.
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