Before leaving the city we were entertained at a series of dinners and theatre parties given by our friends of the "Immortal Ten," and though these occasions were somewhat saddening, partaking of the nature of a farewell honor to a fallen "Prince," we appreciated the compliment.
CHAPTER XXXVIII
"W. E. STOWE & CO., INCORPORATED"
At the suggestion of my attorneys, I decided to continue the business as a corporation.
The reason for this was that I wanted to continue under the same firm name and not as an agent, and while aside from Caine there were no antagonistic creditors, it was deemed wise to provide against any possibility of such appearing later on and jeopardizing the new capital which I expected to raise without difficulty.
As a matter of fact no creditor except Caine ever assumed such an attitude.
Under the laws of West Virginia a corporation was organized as W.
E. Stowe & Co., Incorporated.
The charter was made broad enough to cover every possible branch of the business and the capital stock fixed at twenty-five thousand dollars with liberty to increase to one million.
The organization was completed by electing as officers members of my family, and the ten per cent required by law to be paid in was raised in part by my wife by the sale of personal property and the remainder by myself in a loan from a gentleman who was one of the heaviest losers in the operations carried on for our friends.
My bankers, within certain reasonable limits and restrictions, promised me their assistance, and I believed I would soon again be on the highway to prosperity.