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But, until he got the property in this roundabout way, the
utmost secrecy was required. Having evolved the plan, he took into his
confidence the man he had selected, and who readily assented, for a
prospective interest, to join in the scheme. The property was worth
$200,000, but the agent represented to the directors that in view of the
uncertainties and precarious nature, of business in the mining
territories, and the fact that all the other lines were disposed of, it
would be a good riddance for the company to part with this, even at a
little sacrifice, and as he had found a purchaser willing to give $40,000
in cash for it, he recommended its immediate sale.
The
company, did just what he expected, summoned him at once to New York for a
consultation upon this last prospective sale. He left his confederate with
instructions to act upon telegraphic consent, as soon as the sale was
sanctioned and ratified. His confederate had no money, and expected that
it would be provided by the agent„ but as the whole business was done by
winks and nods, and expressions like "I understand," and "That's all
right," no arrangements were made for the money, the confederate supposing
it would require only a stroke of the pen by the agent to settle that part
of the transaction.
The
agent went to New York and was so successful in his efforts, that the
confederate soon received a telegram from
Wells, Fargo
& Co.,
consenting to the sale for $40,000, spot cash to be deposited at once in
Wells, Fargo
& Co.'s
bank at
Salt Lake City,
and the property to be delivered by the agent as soon as he could return
from New York. The confederate had to think and act quick, and hastening
in to
Salt Lake City
he made arrangements for a temporary loan of the money, knowing as he did
that the property was well worth five times the price named. He did not
dare telegraph the agent for an explanation or for instruction what to do,
and he acted without hesitation and soon had the money deposited in the
bank.
This fact was telegraphed, and acceptance signified on the return of the
trusted agent to
Salt Lake City.
In a few days he arrived and at once started over the line with his
confederate and a partner to make a transfer of the property. This was
accomplished in a few days, and they returned to
Salt Lake City
to deliver the bill of sale and make formal delivery of the money.
This
was done with as much expedition as was possible in fear of some "slip
twixt the cup and the lip," which hastened both parties. When all was
finally accomplished and it was duly published to the world that Jack
Gilmer, the former division agent of the overland, and a contemporary of
Slade, was the owner of the
Montana line, the agent called him aside and
said: "Now we will fix our little business and arrange for your interest
in the line."
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