"So long as the margin's so small, you'd better be decent and hold your stockholders' meeting according to law and let us in. I'm sure Mr. Saxton and I would be of great assistance—wise counsel and all that."

Margrave laughed his horse laugh. "You're a pretty good fellow, Fenton, and I'm sorry we can't do business together."

"Oh, well, if you won't, you won't." Fenton took up his bundle and turned to the door.

"I suppose you've got large chunks of Traction bonds, too, Margrave. There's nothing like going in deep in these things."

Margrave winked.

"Bonds be damned. I've been hearing for four years that Traction bondholders were going to tear up the earth, but I guess those old frosts down in New England won't foreclose on me. I'll pay 'em their interest as soon as I get to going and they'll think I'm hot stuff. And say!" he ejaculated, suddenly, "if Porter's got any of those bonds don't you get gay with 'em. It's a big thing for the town to have a practical railroad man like me running the street car lines; and if I can't make 'em pay nobody can."

"You're not conceited or anything, are you, Margrave?"

"By the way, young man," said Margrave, addressing Saxton for the first time, "we won't charge you anything for breakage to-day, but don't let it happen again."

Margrave lingered to reassure and instruct his associates as to the adjourned meeting, and Saxton went out with Fenton.

"That was rather tame," said John, as he and Fenton reached the street together. "I hoped there would be some fun. These shares belong to a Boston friend and they're for sale."