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Show asked what she and Pearl would ever do with the business should anything happen to Bill. So the probability of selling sometime in the future was not foreign to their thinking. Yet they were giving it no real consideration until Bill's mind was teased by Mr. McBride's suggested possibilities. During further conversations both parties, (McBride and Bill) became more serious about the matter. When Mr. McBride asked about a price and terms, Bill told him they would be formulated and mailed to him in Ohio. Mr. McBride was a banker in Harpster, Ohio, and apparently loved sheep. Bill asked him not to mention their conversations until a sale became a certainty, since a rumor may create detrimental speculation. Several months went by after Bill submitted a price, and as time elapsed, he naturally assumed that there would be nothing result from the McBride interest in the Madsen business . And then one day in early March of 1954, at five A.M., Mr. McBride called from Ohio to tell Bill that they had decided to go ahead and buy the business, and had been working out financial arrangements with parties there to handle a down payment (they became stockholders by that arrangement). McBride asked Bill to meet with him and Frank in Denver the next day to close the sale. It was all so sudden and overwhelming. The terms of the contract sale were worked out in Denver. Mr. McRri.de planned to incorporate and wanted to include use or 282 |
