In the negotiation that followed the reader will not be interested. At length a mutually satisfactory arrangement was made. Chester agreed to sell the three lots wanted for the hotel for eight thousand dollars, half cash and the balance on a year’s time at twelve per cent. interest.
When the business was concluded and papers signed, Mr. Dean said: “Mr. Rand, I think you have made a good bargain. You might have extorted more, but you have received a fair price and retained the good will of the purchaser. What do you propose to do with the four thousand dollars you will receive in cash?”
“I have not had time to think.”
“I will venture to give you some advice. My partner, John Downie, has made a specialty of city property, and he will invest any part for you in lower-priced city lots, which are sure to advance rapidly.”
“Then I will put the matter in his hands and rely on his judgment. I will carry back with me a thousand dollars, and leave with him three thousand dollars for investment.”
“Then come back to the office and I will introduce you to Mr. Downie, with whom you can leave instructions.”
Chester was presented to Mr. Downie, a blond young man, who looked honest and reliable, and they soon came to an understanding. They walked about the town—it was not a city then—and Chester picked out several lots which he was in favor of buying.
He remained a week in Tacoma, and before the end of that time all arrangements were perfected, and he found himself the owner of seven lots, more or less eligible, in addition to the two he had reserved in the original plot.
On the evening of the second day, as he was taking a walk alone, he encountered David Mullins.
“Good-evening, Mr. Mullins,” he said, politely.