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at law. Kirkwood was an absurd person. It was politely suggested that it would be much to his advantage to allow the Sycamore Company to take its course through the courts, under a receiver friendly to the stockholders of the Sanford Construction Company. Kirkwood was informed that things had always been done that way; but, having no political ambitions or ties, he was little impressed. It seemed to the business politicians weakminded for a man who had "pull" enough to secure employment from one of the most powerful trust companies on the continent to refuse to listen to "reason." It was almost incredible that he should be trying to save the road instead of wrecking it, when there was no money to be made out of saving a trolley line that had been marked for destruction from the day its first tie was laid. Kirkwood smiled coldly upon them and their attorneys when they passed from persuasions to threats. It was difficult to find an effective club to use on a man who was so unreasonable as to threaten them with the long arm of the grand jury. The most minute scrutiny of Kirkwood's private life failed to disclose anything that might be used to frighten him. It had seemed to Kirkwood that the beneficiaries of the construction company should pay into the Sycamore treasury enough money to repair the losses occasioned by dishonest work. Interest on the Sycamore bonds was due the 1st of April. The November payment had been made with money advanced by half a dozen country banks through negotiations conducted by William Holton. On the day that Jack Holton was persuading Alec Waterman to thrust himself forward as the people's protagonist, Kirkwood was tightening the screws on the construction company. If the sum he demanded was not paid by the 1st of April, he assured Samuel Holton's former allies that criminal proceedings would be instituted. As one of the construction crowd was just then much in the newspapers as a probable nominee for a state office, Kirkwood's determination to force a settlement on his own terms was dismaying. The bi-partisan bosses had figured altogether too much in the newspapers, and it was not pleasant to contemplate the opening of the books of the company to public gaze. March prepared to go out like a lion in Montgomery that year. While Alec Waterman was pondering his duty to the public as brought to his attention by Jack Holton, Fate seemed to take charge of his affairs. On March 28 the whistle of th
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