Major Hampton could not but contrast the fawning manner of the general manager before his superiors, the directors of the Company, with his notoriously overbearing and insolent treatment of the workingmen.

“Well,” said the chairman, “fortunately we have a very good manager.”

“Thank you,” said Grady with increased affability.

“For myself, I am pleased and delighted at the general manager’s report which I presume it will be in order now to have read. I think we have all seen it in advance.”

The Major shook his head in dissent but made no comment.

Thereupon the meeting was called to order, and after the preliminaries were concluded Mr. W. B. Grady proceeded to read a rather brief but very interesting annual report.

His report was not only a business summary of a most successful fiscal year, but also abounded with more or less veiled laudations of himself in his capacity of manager.

Attorney Wm. Henry Carlisle, who combined with his legal position a seat on the board of directors, advised that the election of a directorate for the ensuing year was in order. By this time it was known to the other shareholders present that Major Buell Hampton owned or represented a control of the stock. This rather upset the cut-and-dried program.

W. B. Grady, addressing the chairman, said that he presumed Major Buell Hampton would appreciate being elected a member of the board of directors, and if the Company’s attorney, Mr. Carlisle, did not object perhaps it would be well for him to vacate his seat so as to make room for the new incumbent.

Carlisle’s face grew very red at this attempted slight but he said nothing.