On the following day, shortly before one o’clock, the directors of the Lombard Deeps Company assembled in one of the big rooms of the Cannon Street Hotel. Lord Grayleigh, the Chairman, had not yet arrived. The rest of the directors sat around a long, green baize table and talked eagerly one to the other. They formed a notable gathering, including many of the astutest financiers in the city. As they sat and waited for Grayleigh to appear, they eagerly discussed the prospects of the new venture. While they talked their spirits rose, and had any outside spectator been present he would have guessed that they had already made up their minds to an enormous success.
Just on the stroke of one Grayleigh, carrying a roll of documents in his hand, entered the room. There was a lull in the conversation as he nodded to one and another of his acquaintances, went quickly up the room and took his seat at the head of the table. Here he arranged his papers and held a short consultation with the secretary, a tall man of about fifty years of age. There was a short pause and then Lord Grayleigh rose to his feet.
“Gentlemen,” he began, “although, as you know, I have been and am still chairman of several companies, I can say without hesitation that never have I presided at a meeting of the directors of any company before which had such brilliant prospects. It is my firm conviction, and I hope to impress you all with a similar feeling, that the Lombard Deeps Mining Company has a great career before it.”
Expressions of satisfaction rose from one or two present.
Lord Grayleigh proceeded: “This I can frankly say is largely due to our having secured the services of Mr. Philip Ogilvie as our assayer, but I regret to have to tell you all that, although he has returned to England, he is not likely to be present to-day. A very serious domestic calamity which ought to claim your deepest sympathy is the cause of his absence, but his report in detail I shall now have the pleasure of submitting to you.”
Here Lord Grayleigh took up the document which had been signed by Ogilvie and Rycroft at the Waharoo Hotel at Brisbane. He proceeded to read it aloud, emphasizing the words which spoke of the value of the veins of gold beneath the alluvial deposit.
“This report,” he said in conclusion, “is vouched for by the signatures of my friend Ogilvie and also by James Rycroft, who is nearly as well known in Queensland as Ogilvie is in London.”
As detail after detail of the brilliantly worded document which Ogilvie and Rycroft had compounded with such skill, fell upon the ears of Lord Grayleigh’s audience, satisfaction not unmixed with avarice lit up the eyes of many. Accustomed as most of these men were to assayers’ reports, what they now listened to unfeignedly astonished them. There was a great silence in the room, and not the slightest word from Lord Grayleigh’s clear voice was lost.
When he had finished he laid the document on the table and was just about, as he expressed it, to proceed to business when a movement at the door caused all to turn their heads. Ogilvie had unexpectedly entered the room.
Cries of welcome greeted him and many hands were stretched out. He contented himself, however, with bowing slightly, and going up the room handed Lord Grayleigh a packet.