her.
âWhat about his letters?â
Mrs. Tasker pointed to a little heap on the sideboard.
âThereâs a few come for him,â she said. âMostly bills.â
Miss Cornel looked through them quickly. Three of the cleaner envelopes were, she guessed, Messrs. Rumbold & Carterâs communications of the 23rd February, the 16th ultimo and the 8th instant. The rest were, in fact, circulars and bills.
âWell,â she said rather hopelessly. âYou might ask him to telephone us as soon as he turns up. Itâs rather important.â
âIâll tell him,â said Mrs. Tasker.
Chapter Three
⦠Wednesday Morning â¦
A CAPITAL ASSET COMES TO LIGHT
The body (or corpus) of the trust estate will normally be invested in approved and easily realizable securities.
Apart from the Roman Church, who are acknowledged experts in human behaviour, there is nobody quicker than a solicitor at detecting the first faint stirrings of a scandal: that distinctive, that elusive odour of Something which is not Quite as it Should Be.
Mr. Birley was only voicing the uneasiness of all his colleagues when he said to Mr. Craine next morning:
âThe fellow canât have disappeared. Heâll have to be found.â
âItâs awkward,â said Mr. Craine. âBy the way, who are the other trustees?â
âAs a matter of fact,â said Bob apologetically, âthere isnât another. Father was one trustee, you know, Mr. Smallbone was the other.â
âWasnât another trustee appointed when Abel died?â
ââWell, no. That is, not yet.â
âWho has the power to appoint?â
âI think the surviving trusteeââ
âSo it amounts to this-that unless we can induce Smallbone to come back to England we shall probably have the expense of going to courtââ
âI donât know that Mr. Smallboneâs gone abroad,â said Bob. âHis landlady only said that heâd gone away. She said he went to Italy last yearââ
âItâs perfectly absurd. He must have left an address. People donât walk out into the blue. Not if theyâre trustees.â
âWell, thatâs what he seems to have done,â said Bob. He always found Mr. Birley alarming; and the fact that they were now, in theory, equal members of the partnership had not gone very far towards alleviating that feeling. âPerhaps if we wait for a few weeksââ
âWith half a million poundsâ worth of securities,â said Mr. Birley. âThis isnât a post office savings account. There must be questions of reinvestment cropping up every day. I wonder youâve managed to get by for as long as you haveââ
Bob flushed at the obvious implication of this remark. Mr. Craine came to his rescue.
âWouldnât it be a good thing,â he said, âto take this opportunity of going through the securities. Weâll have to appoint a new trustee and that will mean an assignment. Weâll get a brokerâs opinion on any necessary reinvestments at the same time.â
âIâll do that,â said Bob gratefully.
âWhere are the securities?â asked Mr. Birley.
âTheyâre in the muniments room. Iâll get Sergeant Cockerill to bring them up.â
âYou might get the trust accounts out of the box, too, and run through them,â suggested Mr. Craine.
âAll right,â said Bob. âButâIâm sure thereâs nothing wrong.â
âWhy should there be anything wrong?â said Mr. Birley, looking up sharply.
âAbout Mr. Smallbone, I mean. He often used to disappear like this. Miss Cornel was telling me about him. Heâs a bit of a crank.â
âFact is, the fellow ought never to have been appointed a trustee.â said Mr. Birley. âBut Stokes was mad for years before he died. None of his relations had the guts to say so. Served
Marguerite Henry, Bonnie Shields