Explore "Get-Rich-Quick Wallingford" by George Randolph Chester on Textopian. Read with annotations and highlights.
The first stockholders' meeting of the Tack Company was a cheerful affair, held around a table that was within an hour or so to have a cloth; for whenever J. Rufus Wallingford did business, he must, perforce, eat and drink, and all who did business with him must do the same. The stockholders, being all present, elected their officers and their board of directors: Mr. Wallingford, president; Mr. Lamb, secretary; Mr. Jasper, treasurer; and Mr. Lewis, David Jasper's nearest friend, vice president, these four and Mr. Nolting also constituting the board of directors. Immediately after, they adopted a stock, printed form of constitution, voted an increase of capitalization to one hundred thousand dollars, and then adjourned.
The president, during the luncheon, made them a little speech in which he held before them constantly a tack with a crimson top glued upon a roughened surface, and alluded to the invaluable services their young friend, Edward Lamb, had rendered to the completion of the company's now perfect and flawless article of manufacture. He explained to them in detail the bigness of the Eureka Tack Manufacturing Company, its enormous undivided profits, its tremendous yearly dividends, the fabulous price at which its stock was quoted, with none for sale; and all this gigantic business built upon a simple tack! -- Gentlemen, not nearly, not _nearly_ so attractive and so profitable an article of commerce as this perfect little convenience held before them.