Oil! by Upton Sinclair

The upshot of the debate was that no one of them was sure the enterprise would be a success, but all the young ones were willing to pitch in and help, if Bunny was determined for a try. And Bunny said that he had already been looking about for a site, with good land and plenty of water, somewhere about fifty miles from Angel City; he was going to make a first payment on land as soon as he could get the cash, and meantime they would work out the details. He would give his own time for three years to getting the institution on its feet, and if it proved possible to develop the right discipline and morale, he would make the institution self-directing, and furnish whatever money could be used effectively. They would need teachers, organizers, and business managers, so there were jobs for all.

And meantime, Bunny must go back to the interviews with lawyers, to try to save as much as possible of the estate. It meant long wrangles with Bertie, for their affairs were in a snarl, and getting worse every day. Verne insisted that Ross Operating must have funds to meet its current expenses; and did they want him to assess the stock, and force the estate to raise the money, or did they want him to buy the lease to the Ross Junior tract, the only asset of Ross Operating, except the claims against the insurance companies? Verne could do what he pleased, because the directors of the concern were himself and his trusted young executives. He was proposing to form another concern, the Paradise Operating Company -- with other trusted young executives as directors, and sell himself the lease, which had twenty years still to run, and was worth nobody could tell how many millions of dollars, for the sum of six hundred thousand!