As none of the former stockholders cared to
take the new stock, Montague subscribed for the whole issue in the
name of Ryder and Price, and presented a certified check for the
necessary deposit.
The news of these events, of course, created great excitement in the
neighbourhood; also it did not pass unobserved in New York. Northern
Mississippi was quoted for the first time on the "curb," and there
was quite a little trading; the stock went up nearly ten points in
one day.
Montague received this information in a letter from Harry Curtiss.
"You must be prepared to withstand the flatteries of the Steel
crowd," he wrote. "They will be after you before long."
Montague judged that he would not mind facing the "Steel crowd"; but
he was much troubled by an interview which he had to go through with
on the day after the meeting. Old Mr. Carter came to see him, and
gave him a feeble hand to shake, and sat and gazed at him with a
pitiful look of unhappiness.
"Allan," he said, "I have been president of the Northern Mississippi
for fifteen years, and I have served the road faithfully and
devotedly.
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