"One share of common with each two shares of preferred."
"Eh! Well, I've twenty-five thousand dollars to put into this marsh pulp business, if I can have any figure in the management. I want on the board."
"It's quite likely you'll be on the board," returned Sam. "We shall have a very small list of subscribers, and the board will not be unwieldy if every investor is a director."
"Voting power in the common stock?"
"In the common stock," repeated Sam.
"Do you intend to buy any preferred?" asked Creamer.
"A hundred shares."
"How much common do you expect to take out for your patents?"
"Two hundred and fifty thousand," Sam answered without an instant's hesitation.
"Never!" exclaimed Mr. Creamer. "The time for that's gone by, young man, no matter how good your proposition is. It's too old a game. You won't handle my money with control in your hands. I have no objection to letting you have two hundred thousand dollars worth of common stock out of the half million, because that will give you an incentive to make the common worth par; but you shan't at any time have or be able to acquire a share over two hundred and forty-nine thousand; not if I know anything about it! Can you call a meeting as soon as we get there?"