Gubb carried four hundred and
ninety dollars to Mr. Medderbrook, and his intended father-in-law
received him quite graciously.
"This is more like it, Gubb," he said. "Keep the money coming right
along and you'll find I'm a good friend and a faithful one."
"I aim so to do to the best of my ability," said Mr. Gubb, delighted
to find Mr. Medderbrook in a good humor. "I hope to get the eleven
thousand two hundred and sixty dollars I owe you paid up--"
"Where do you get that?" asked Mr. Medderbrook. "You owe me twelve
thousand dollars, Gubb."
"It was eleven thousand seven hundred and fifty," said Mr. Gubb, "and
this here payment of four hundred and ninety--"
"Ah!" said Mr. Medderbrook, "but the Utterly Hopeless Gold-Mine has
declared a dividend--"
"But," ventured Mr. Gubb timidly, "I thought dividends was money that
came to the owner of the stock."
"Often so," said Mr. Medderbrook. "I may say, not infrequently so. But
in this case it was a compound ten per cent reversible dividend,
cumulative and retroactive, payable to prior owners of the stock, on
account of the second mortgage debenture lien. In such a case," he
explained, "unless the priority is waived by the party of the first
part, you have to pay it to me."
"Oh!" said Mr. Gubb.
"Luckily," said Mr. Medderbrook, "I was able to prevail upon the
registrar of the company to make the dividend only ten cumulative per
cents instead of eleven retroactive geometrical per cents, or you
would now owe me thirteen thousand dollars."
"Well, I'm sure I'm much obliged to you," said Mr. Gubb with sincere
gratitude. "I appreciate your kindness of good-will most greatly."
He stood for a minute or two uneasily, while Mr. Medderbrook frowned
like a great financier burdened with cares.
"I don't suppose," said Mr. Gubb, when he had screwed up his courage,
"you have had no telegraphic communications from Miss Syrilla?"
"Why, yes, I have," said Mr. Medderbrook, taking a telegram from his
pocket, "and it will only cost you one dollar to read it. I paid two
dollars."
Mr. Gubb was very glad to pay the small sum and he eagerly devoured
the telegram, which read:--
Oh be joyful! Have given up all meat diet. Have given up
beef, pork, lamb, mutton, veal, chicken, pigs' feet, bacon,
hash, corned beef, venison, bear steak, frogs' legs,
opossum, and fried snails. Weigh only nine hundred and forty
pounds. Affectionate thoughts to little Gubby.
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