“But we don’t want the books,” said Becky, noticing for the first time that a heavy chain and bolt barred them from entering the premises.
“Then you can’t take possession of the shop, because until the last book is sold your agreement with Mr. Sneddles cannot come into operation.”
“What are the books really worth?” Becky asked.
“In his typical fashion, Mr. Sneddles has penciled a price in every one of them,” said Tim Newman. “His colleague, Dr. Halcombe, tells me the total comes to around five thousand pounds with the exc
eption—”
“So buy the lot,” said Charlie, “because knowing Sneddles he probably undervalued them in the first place. Then Becky can auction the entire collection some time later in the year. That way the shortfall shouldn’t be more than about a thousand.”
“With the exception of a first edition of Blake’s Songs of Innocence,” added Newman. “Vellum bound, that is marked up in Sneddles’ inventory at fifteen thousand pounds.”
“Fifteen thousand pounds at a time when I’m expected to watch every penny. Who imagines that…?”
“Someone who realizes you can’t go ahead with the building of a department store until you are in possession of this particular shop?” suggested Newman.
“But how could she—?”
“Because the Blake in question was originally purchased from the Heywood Hill bookshop in Curzon Street for the princely sum of four pounds ten shillings and I suspect the inscription solves half the mystery.”
“Mrs. Ethel Trentham, I’ll be bound,” said Charlie.
“No, but not a bad guess. The exact words on the flyleaf, if I remember correctly, read: ‘From your loving grandson, Guy. 9 July 1917.’”
Charlie and Becky stared at Tim Newman for some time until Charlie finally asked, “What do you mean—half the mystery?”
“I also suspect she needs the money,” replied the banker.
“What for?” asked Becky incredulously.
“So she can purchase even more shares in Trumper’s of Chelsea.”
On 19 July 1948, two weeks after the bishop had returned to Reims, the official tender document for Trumper’s was released to the press to coincide with full-page advertisements taken in The Times and the Financial Times. All Charlie and Becky could do now was sit and wait for the public’s response. Within three days of the announcement the share issue was oversubscribed and within a week the merchant bankers had received double the applications necessary. When all the requests had been counted, Charlie and Tim Newman were left with only one problem: how to allocate the shares. They agreed that institutions who had applied for a large holding should be taken up first, as that would give the board easy access to the majority of shares should any problem arise in the future.
The only application that puzzled Tim Newman came from Hambros who offered no explanation as to why they should wish to purchase one hundred thousand shares, which would give them control of ten percent of the company. However, Tim recommended that the chairman should accept their application in full while at the same time offering them a place on the board. This Charlie agreed to do, but only after Hambros had confirmed that the bid had not come from Mrs. Trentham or one of her proxies. Two other institutions applied for five percent: Prudential Assurance, which had serviced the company from its outset, and a United States source which Becky discovered was simply a front for one of the Field family trusts. Charlie readily accepted both these applications and the rest of the shares were then divided between another one thousand, seven hundred ordinary investors, including one hundred shares, the minimum allowed, which were taken up by an old age pensioner living in Chelsea. Mrs. Symonds had dropped Charlie a line to remind him that she had been one of his original customers when he opened his first shop.
Having distributed the shares, Tim Newman felt the next matter Charlie should consider was further appointments to the board. Hambros put up a Mr. Baverstock, a senior partner of the solicitors Baverstock, Dickens and Cobb, whom Charlie accepted without question. Becky suggested that Simon Matthews, who virtually ran the auction house whenever she was absent, should also be appointed. Again Charlie acquiesced, bringing the full complement on the board to nine.
It was Daphne who had told Becky that 17 Eaton Square was coming on the market, and Charlie only needed to see the eight-bedroom house once before he decided that was where he wanted to spend the rest of his life. It didn’t seem to cross Charlie’s mind that someone would have to supervise the move at the same time as Trumper’s was being built. Becky might have complained if she too hadn’t fallen in love with the house.
A couple of months later Becky held a housewarming party at Eaton Square. Over a hundred guests were invited to join the Trumpers for a dinner that had to be served in five different rooms.
Daphne arrived late and complained about being held up in a traffic jam on her way back from Sloane Square, while the colonel traveled down from Skye without a murmur. Daniel came over from Cambridge accompanied by Marjorie Carpenter and to Becky’s surprise Simon Matthews arrived with Cathy Ross on his arm.
After dinner, Daphne made a short speech and presented Charlie with a scale model of Trumper’s crafted in the form of a silver cigar case.
Becky judged the gift to be a success because after the last guest had left, her husband carried the case upstairs and placed it on his bedside table.
Charlie climbed into bed and took one last look at his new toy as Becky came out of the bathroom.
“Have you considered inviting Percy to be a director?” she said as she climbed into bed.
Charlie looked at her skeptically.
“The shareholders might appreciate having a marquess on the company letterhead. It would give them a feeling of confidence.”
“You’re such a snob, Rebecca Salmon. Always were and always will be.”