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158 prietors were reluctantly compelled to let the public have some of the luck. This was Thursday. The share list was to be opened on Monday morning and closed inexorably at four o'clock on Tuesday afternoon, with a merciful extension to Wednesday morning for the candidates for wealth who were so unfortunate as to live in the country. So that it behoved everybody to waste no time lest he be numbered among the unlucky whose subscription-money should be returned in full, failing allotment. The prospectus did not absolutely say it in so many words, but no rational person could fail to feel that the directors were fervently hoping that nobody would get injured in the rush.

Dorrington passed on and reached the well-known establishment of the "Indestructible Bicycle Company." This was already a limited company of a private sort, and had been so for ten years or more. And before that the concern had had eight or nine years of prosperous experience. The founder of the firm, Mr. Paul Mallows, was now the managing director, and a great pillar of the cycling industry. Dorrington gave a clerk his card, and asked to see Mr. Mallows.