This legal process of purification for Clark's Field being under way, the ingenious mind of Mr. Ashly Crane turned to the next problem, which was to dispose of the property advantageously. Manifestly the Washington Trust Company could not go into the real estate business on behalf of its ward and peddle out slices of her Field. That would not be proper, nor would it be especially profitable to the trust company. Mr. Crane, therefore, conceived the brilliant idea of forming a "Clark's Field Associates" corporation to buy the undeveloped tract of land from the trust company, who as guardian could sell it in whole or in part, and the new corporation might then proceed at its leisure to "develop" the old Field advantageously. For the benefit of the ignorant it maybe bluntly stated here that this was merely a device for buying Adelle's property cheaply and selling it at a big profit,--not as crude a method as the other that the Veteran had almost fallen a victim to, because the Washington Trust Company was a "high-toned" institution and did not do things crudely; but in effect the device was the same.
The Clark's Field Associates was, therefore, incorporated and made an offer to the trust company for Clark's Field,--a fair offer in the neighborhood of a million dollars for the fifty-acre tract of city land. An obstacle, however, presented itself at this point, which in the end forced the Associates to modify their plan materially. The sale had to be approved by the probate judge, the same Judge Orcutt who had once before befriended the unknown little girl. This time the judge examined the scheme carefully, even asked for a list of the Associates, which was an innocent collection of dummy names, and finally after conference with the trust officers insisted that the ward should reserve for herself one half the shares of the Clark's Field Associates, thus obtaining an interest in the possible benefits to be derived from their transactions. This was accordingly done, and the subscription to the stock of the new corporation by some of the capitalists who had been invited to "participate" in this juicy melon was cut down one half. They were not pleased by the act of the probate judge, but they accepted half the melon with good grace, assuring the judge through Mr. Crane that it was a highly speculative venture anyhow to put Clark's Field on the market, and the Associates might lose every penny they risked on it. The judge merely smiled. Poet that he was, he was by no means a fool in the affairs of this life.