Explore "The Making of Bobby Burnit" by George Randolph Chester on Textopian. Read with annotations and highlights.
Within a very few days was completed the complicated legal machinery which threw the John Burnit Store and Trimmer and Company into the hands of "The Burnit-Trimmer Merchandise Corporation" as a holding and operating concern. The John Burnit Store went into that consolidation at an invoice value of two hundred and sixty thousand dollars, Trimmer and Company at two hundred and forty thousand; and Bobby was duly pleased. He had the majority of stock! On the later suggestion of Mr. Trimmer, however, sixty thousand dollars of additional capital was taken into the concern.
"The alterations, expansions, new departments and publicity will compel the command of about that much money," Mr. Trimmer patiently explained; "and while we could appropriate that amount from our respective concerns, we ought not to weaken our capital, particularly as financial affairs throughout the country are so unsettled. This is not a brisk commercial year, nor can it be."