I won't
ask for a salary; I'll take a royalty of one cent a bottle as manager
of the company. I'll take five thousand dollars' worth of stock for my
services in promotion, and then for selling the stock I'll take
twenty-five per cent. of the par value for all I place, but will take
it out in stock at the market rate. We'll organize for half a million
and begin selling stock at fifty cents on the dollar, and I'll
guarantee to raise for us one hundred and twenty-five thousand net
cash--twenty-five thousand for manufacturing and one hundred thousand
for advertising."
The doctor drew a long breath.
"If you can do that you're a wonder," he declared; "but it don't seem
to me you're taking enough for yourself. You're giving me ten
thousand dollars and you're only taking five; you're giving me
thirty-five dollars a week and you're only taking a cent a bottle. It
seems to me the job of organizing and building up such a company is
worth as much as the Sciatacata."
"Don't you worry about me," protested J. Rufus modestly. "I'll get
along all right. I'm satisfied. We'll organize the company to-day."
"You can't get all that money together in a day!" exclaimed the doctor
in amazement.
"Oh, no; I don't expect to try it. I'll put up all the money
necessary. We want five directors, and we have three of them now, you
and my wife and I. Do you know anybody around the hotel that would
serve?"
The doctor snorted contemptuously.
"Nobody that's got any money or responsibility," he asserted.
"They don't need to have any money, and we don't want them to have any
responsibility," protested Wallingford. "Anybody of voting age will do
for us just now."
"Well," said the doctor reflectively, "the night clerk's a pretty good
fellow, and the head dining-room girl here has always been mighty
nice to me. She's some relation to the proprietor and she's been here
for five years."
"Good," said Wallingford. "I'll telephone out for a lawyer."
There was no telephone in the room, but down-stairs Wallingford found
a pay 'phone and selected a lawyer at random from the telephone
directory. Within two hours Wallingford and his wife, Doctor Quagg,
Albert Blesser and Carrie Schwam had gravely applied for a charter of
incorporation under the laws of the state, for The Doctor Quagg
Peerless Sciatacata Company, with a capital stock of one thousand
dollars, fully paid in. As he signed his name the doctor laughed like
a school-boy.
"Now," sai
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