by Stuart Woods
“Maybe not,” Stone said. “I’m interested to hear what she has to say.”
Manolo escorted Carolyn out to the patio.
“You’ve met Dino Bacchetti, haven’t you?” Stone said.
“Yes, nice to see you again.”
Dino nodded.
Stone offered her a drink—not to be hospitable but to get hold of her glass.
“No, thank you,” she said, sniffling. “I’m not feeling all that well.”
“Nothing serious, I hope,” Stone said, trying to think of some other way to get a sample.
“Just the start of a cold, I think; I’ve already taken something for it.” She took the chair offered to her. “I believe the shareholders’ meeting went as you wished it to.”
“It did, indeed,” Stone said.
“I expect you’re wondering why Eleanor Grosvenor allowed Jim Long to vote his shares with you.”
“Tell me,” Stone said, though he thought he already knew.
“Eleanor and I are old acquaintances,” she said.
“Oh?”
“We met last year and spent some time together.”
“Did you?”
“Eleanor and Jim are old and dear friends,” Carolyn said. “When I told her that Terry Prince had been behind the attack on Jim in jail, she was furious. Then I told her how she could help, and she was on board immediately.”
“Well, as it turned out, we would have had the votes without Jim’s shares,” Stone said.
“I wasn’t at the meeting,” she said. “What happened?”
Stone told her about Rick Barron’s film and the effect it had had on the shareholders. “And beyond that, a friend of our side bought Jennifer Harris’s shares, and Jack Schmeltzer decided to go with us.”
“That’s very interesting,” she said. “I expect Terry will be furious.”
“Haven’t you spoken to him?”
“Not since before the meeting. Frankly, I’ve been avoiding him. He’ll soon find out about my connection with Eleanor, and he won’t like it.”
“I don’t think you’ll have any trouble avoiding him,” Stone said, “unless he can get bail.”
She wrinkled her forehead. “Bail ?”
“He’s under arrest for the attempted murder of Jim Long.”
“They’ll never pin that on him,” she said.
“Yes they will. The LAPD brought Carter back from his mother’s place in Mexico. They’ve offered him immunity, and he’s agreed to testify.”
Carolyn looked stunned for a moment. “That’s wonderful,” she said finally, and with some feeling.
“Wonderful?”
“Wonderful for me. It gets him off the street and out of my hair.”
“But you told me, didn’t you, that even if he lost the Centurion fight, he would still want to do the hotel project, and you were supposed to run that, weren’t you?”
“I still will,” she said, “even if he can’t close on Friday—especially if he can’t close on Friday.”
Now Stone was puzzled. “I don’t understand.”
“When Terry lost the Centurion deal, he lost his Colombian and Mexican financial backing,” she said.
“Does he have the personal funds to close on Friday?”
“No. Eleanor Grosvenor is, or was, his backer on the hotel deal, and she will now back out, with pleasure. That will give her almost all the revenge she wants for what he did to Jim.”
“Then that means you’re out of the hotel development, too, doesn’t it?”
“No, Eleanor wants to proceed with the hotel. I’ll run the project for her, and I’ll have a lot more freedom than I would have had with Terry. Once she closes on the property I’ll help her find partners for the money required to design and develop the hotel.”
“You’re overlooking something,” Stone said.
“I don’t think so,” Carolyn replied, looking confident.
“Tell me, why did Prince make the initial payment from his personal account?”
“That was his money,” she said. “Eleanor was to provide the rest of the purchase price, in return for a share of the project. But now Terry is out of it, and it’s all Eleanor’s. And mine.”
“Ah, I see,” Stone said.
A cell phone rang, and she rummaged in her purse until she found it. “Excuse me, Stone. I don’t recognize this number, but I’d better take it. Hello? Yes, I heard,” she said. “All right, I can take care of that. Call me when you can.” She hung up. “That was Terry,” she said, “calling from Parker Center on a borrowed cell phone.”
“And what did he have to say?” Stone asked.
“He wants me to go ahead with the closing before noon on Friday. I’m to send him a power of attorney, so that I can sign the documents for him.”
“So he doesn’t know yet about yours and Eleanor’s plan?”
“No, and the D.A. plans to ask at his arraignment that he be held without bail, so he’s unlikely to get the full picture for a while.”
“So, you plan to close, but for Eleanor, not Prince?”
“Exactly. It’s poetic, isn’t it? Bad people always get what’s coming to them. Even if Terry beats this rap he’ll be ruined by the time the trial is over, and he’ll still have the Colombians and the Mexicans to deal with. They’re going to want their money from the Centurion deal back, and they’re going to insist.”
“Yes,” Stone said, “bad people always get what’s coming to them. Usually, anyway.”
“Can we close at ten o’clock on Friday morning?” she asked.
“Where?”
“I don’t think we’d better do it in Terry’s office. How about here? All we’ll need is a table to sign on, and I’ll bring a cashier’s check for two hundred twenty-five million.”
“I’ll call you tomorrow,” Stone said, rising.
She got up, too, and suddenly emitted a loud sneeze. She groped in her bag for a tissue and blew her nose noisily. “Sorry about that; it seems to be getting worse.”
Stone held out a wastebasket for her tissue. “I hope you feel better,” he said.
Manolo led her toward the front door.
Dino had sat quietly throughout the conversation. “I guess you’re going to want an evidence bag,” he said, digging into a pocket.
“Yes, please,” Stone said, reaching for the wastebasket.
57
Stone put a note to Ed Eagle in the FedEx box, along with the used tissue, and handed it to Manolo. “Please call for pickup, and mark it for early delivery.”
“Yes, Mr. Stone,” Manolo said.
Dino spoke up. “Are you going to sell the property to Mrs. Grosvenor?” he asked. “Knowing what you know about her?”
“Knowing what I know about her,” Stone said, “it would be safer to sell it to her than not. People who cross Barbara Eagle Keeler Grosvenor don’t seem to do well. Look at Terry Prince.”
“I’ll give you odds Prince gets bail,” Dino said. “It’ll be expensive, but he’ll be out.”
“Didn’t you just hear Carolyn say that he’s broke?”
“No, I heard her say he doesn’t have two hundred twenty-five million dollars to close the sale. That’s a far cry from not having a few million for bail.”
“Good point.”
“Now,” Dino said, “you should give some thought to what he’s going to do if he’s back on the street.”
“I’ve been doing just that,” Stone said.
“My guess is, you’re going to screw him out of his twenty-five million dollars.”
“No, I’m just going to let him screw himself out of it. All I have to do is wait until noon on Friday, and if he can’t close—and I don’t see how he can—I’ll keep his money, or rather, Arrington will. I take some satisfaction in knowing that a nonrefundable deposit was his idea, not mine.”
“Well, I don’t think that will make him any less pissed off, do you?”
“No, I don’t.”
“And Stone, you do remember the thin
gs he tried to do to you when he wasn’t pissed off, don’t you?”
“I’m trying not to,” Stone replied uncomfortably.
“Mind if I make a suggestion?” Dino asked.
“Not at all.”
“Why don’t we just get into your airplane tomorrow morning and get the hell out of here and back to New York? I mean, you don’t have to be here to let Prince screw himself out of his deposit, and the relevant authorities will come get Ms. Blaine as soon as they match the DNA samples.”
“You have a point, Dino, as always, but that wouldn’t be any fun. I want to watch, don’t you?”
“From a distance,” Dino said.
“Listen, if you’re really worried, or if you really have to get back to the precinct, then I’ll drive you to LAX, and you can get the red-eye.”
“Me, fly the airlines? Don’t hold your breath.”
“I’ve spoiled you, haven’t I?”
“You sure have,” Dino replied.
“Well, Arrington can take you as far as Virginia, and Mike, all the way to New York. You can have your choice of jet travel.”
“And if I do that, who’s going to watch your back?”
“There is that,” Stone replied.
Arrington finished her nap in time for cocktails, and Mike Freeman joined them at her invitation.
Manolo took orders and served the drinks, along with canapés.
Mike spoke up. “Rick Barron called me a few minutes ago and asked me to join the board of Centurion,” he said.
“I hope you accepted,” Arrington said.
“I did. Who could resist? Are you on the board?”
“No, I didn’t want that, but I’ve asked Rick to appoint Stone instead. He can represent my interests on the board, and eventually, Peter’s.”
Stone nearly dropped his gimlet. “When did this happen?” he asked.
“A few minutes ago,” she replied.
“Same here,” Mike said. “Something else: Rick has decided that, rather than leave his Centurion stock to his grandchildren, he’d rather sell and leave them cash.”
“Is Strategic Services going to buy it?” Stone asked.
“We already have,” Mike said, “pending board approval. As our counsel, will you vote for that?”
“I certainly will,” Stone said.
“Then the vote will be a formality.”
“Then you two gentlemen,” Arrington said, “will have effective control of Centurion Studios.”
Stone took a deep breath. “Whew!”
“Don’t worry, Stone,” Mike said, “it’s just a business, like any other.”
“Not like any other,” Stone said.
“You have a point, I guess. Now that the issue of the land sale is settled, I suppose the next big decision for the board will be who succeeds Rick Barron as chairman and CEO.”
“Rick wants to retire?”
“Do you blame him?” Mike asked. “The man is in his midnineties, and this fight took a lot out of him, I think. He and Glenna want to move up to Santa Barbara full-time.”
“I don’t blame him. Did he make a recommendation on who should succeed him?” Stone asked.
“He told me that Jim Long wants the job,” Mike said.
Stone shook his head. “That’s way too close to Mrs. Grosvenor for me.”
“Me, too,” Mike agreed. “Rick’s recommendation is a fellow named Leo Goldman, Jr. He’s a producer at the studio and a board member, and his late father, Leo Senior, was a very successful CEO.”
“I know Leo Junior,” Arrington said. “He’s smart as a whip and a hell of a producer.”
“I guess we just elected him,” Stone said. “By the way, Arrington, you have another decision to make.”
“Oh, no,” Arrington said, “I’m all out of decisions. I’ve just appointed you to represent me in studio matters. You decide.”
“It’s not related to the studio,” Stone said. “It’s about what to do with the property on which we now sit, sipping gimlets.”
“You decide if Prince should buy it,” she said.
“Prince isn’t going to buy it,” Stone said, “unless he can come up with two hundred twenty-five million dollars by noon, Friday, and I hear his backing has fallen through. But there’s another buyer in line, same terms.” He explained about Carolyn Blaine and Eleanor Grosvenor.
“Well, I’m glad I don’t have to sell it to Prince,” Arrington said.
“Now you have to decide whether to sell it to Mrs. Grosvenor. She wants to build the hotel, and Ms. Blaine wants to run the project.”
Mike spoke up. “Does Mrs. Grosvenor have enough money to handle that?” he asked.
“Not without other backers.”
“Stone,” Arrington said, “let me ask you one question, then you can make the decision.”
“All right.”
“Given everything we know about Mrs. Grosvenor, do you want to be in business with her?”
“Absolutely not,” Stone replied. “And I don’t want to be in business with Carolyn Blaine, either.” He explained her apparent background and current legal situation.
“Good God!” Arrington said. “These two women are Bonnie and Bonnie.”
“They’re also Clyde and Clyde,” Stone said.
“Let me ask you a question, Arrington,” Mike said. “If I could put together a syndicate of my clients to finance the project, would you like to be in the hotel business?”
Arrington thought about that for a moment. “As long as I could have a house on the property, yes,” she said. “Stone, do you agree that it would be a good business move?”
“Without a doubt,” Stone said. “You might even invest some of the proceeds of the sale of the land in the new venture.”
“Well, then,” Arrington said, “all we have to do is wait for Terrence Prince to default on Friday. The Bonnies and Clydes can take a walk.”
58
Stone arrived for breakfast the following morning to be greeted with a front-page story in the Los Angeles Times about Terry Prince, starting with the Centurion meeting, continuing with his arrest, and finally, with his being released on five million dollars bail, cash.
Dino came to the table, and Stone tossed him the paper. “You were right, pal. Prince is on the loose again.”
Dino glanced through the piece. “So he had at least five million cash. I wonder how much he has left.”
“I expect Carolyn knows what she’s talking about when she says he can’t swing the property deal by himself. She’s been his closest associate for some time, now, and I’d be very surprised if she didn’t have a copy of his financial statement.” Stone looked at his watch. “Ed Eagle will have his DNA sample pretty soon.”
“Yeah, and if Carolyn is taken out of the equation and Prince can’t swing the deal, then you’re left with Mrs. Grosvenor to deal with. That’s gonna be fun.”
“Don’t remind me,” Stone said. “Anyway, we’ve now got Strategic Services to step into the deal.”
“Yeah, and you know if you get into bed with Mike Freeman, you’re not going to wake up with his fangs in your neck.”
“That’s a comforting thought, Dino. I hadn’t thought of Mrs. Grosvenor having fangs, but . . .” His cell phone rang. “Hello?”
“It’s Carolyn Blaine,” she said. “Have you heard that Terry is out on bail?”
“It’s all over the papers,” Stone said.
“I want you to know that he will not be able to close the deal.”
“Well, we’ll just have to wait until noon Friday to see, won’t we?”
“We can be making other plans in the meantime,” she said.
“The meantime doesn’t exist,” Stone replied. “Either Prince is in or he’s out, and we won’t know that until noon Friday.”
“But surely, you and I can come to an arrangement pending that time.”
“No. I was going to call you today and tell you that. My client has a signed contract with Prince; if he can close, she’s
bound by that agreement. If he can’t, then I can talk to other parties.”
“What do you mean, ‘other parties’?” she said, sounding worried.
“I mean other parties,” he replied, “you and Mrs. Grosvenor among them.”
“But that twenty-five million dollars you have in the bank is her money.”
“The check was from Prince’s personal account, with his signature on it, and that’s all I need to know. My deal is with Prince. If you have some other deal with him, that’s between the two of you, and nothing to do with me or my client.”
“Well, when Terry can’t raise the money, I’ll simply get him to assign the agreement to us.”
That was an alarming statement and something Stone had not anticipated. “There’s nothing in the agreement allowing him to assign it.”
“There’s nothing in the agreement preventing him from assigning it, either,” she said.
“I suggest we cross that chasm when we come to it,” Stone said.
“Well, if that’s going to be a problem, we can simply let Terry close with our money, then force him out of the deal later.”
“Carolyn, you’d better take a deep breath and consider your position. The way you’re talking now will guarantee you a lifetime of litigation, and quite apart from the courts, you should consider how Prince has chosen to solve his problems in the past.”
“I know how to deal with Terry,” she said. “I’ll see you at ten o’clock on Friday morning, as previously arranged.”
“Nothing was previously arranged,” Stone said, but she had already hung up. He put his phone away and sighed. “Shit,” he said.
Dino was grinning at him from across the table. “Things not going as smoothly as planned?”
“Stop enjoying this,” Stone said. “God, I wish I hadn’t taken that twenty-five million. I let my head be turned by all those zeros.”
“Don’t you think that’s what Prince intended?”
“I suppose you’re right,” Stone said. “Of course, he could still lose it all.”
“Do you have any reason to believe that Prince couldn’t find another two hundred twenty-five million if he had to?”
“I’m operating on what Carolyn knows about him,” Stone said.