particular adjective, and Garry looked mildly relieved.

'As a matter of fact, I have used half a million to buy up fiftyone per ent of the issued shareholding of Alpha Centauri Estates, and loaned the company another half million to get it out of trouble.' 'Alpha Centauri?' Shasa looked mystified.

The company owns some of the prime property on the Witwatersrand and here in the Cape Peninsula. It was worth almost twenty-six million before the crash at Sharpeville.' 'And now it's worth zero,' Shasa suggested, and before Garry could protest. 'What have you done with the other million?' 'Gold shares - Anglos and Vaal Reefs. At the fire sale prices I paid for them they are returning almost twenty-six percent. The dividends will pay the interest on the entire bank loan.' Shasa sat down in his seat at the head of the boardroom table and studiec his son carefully. He should have been conditioned by now, but Garry still managed to surprise Shasa. It was an imaginative but neatly logical coup, and if it had not been his own son, Shasa would have been impressed. As it was, he felt duty bound to find flaws in it.

'What about your Shasaville shares - you are taking an awful chance.' Garry looked puzzled. 'I don't have to explain it to you, Pater.

You taught me. Shasaville is tied up. We can't sell or develop aggressively until land values recover, so I've used my shares to take full advantage of the crash.' 'What if land values never recover?' Shasa demanded relentlessly.

'If they don't, it will mean the country is finished anyway. I will lose my share of nothing which is nothing. If they do recover, I will be in profit twenty or thirty million.' Shasa picked at that for a while and then changed his angle of attack. 'Why didn't you come to me to borrow the money, instead of going behind my back?' Garry grinned at him and tried to smooth down the crest of wiry black hair that stuck up on his crown. 'Because you would have given me a list of five hundred reasons why not, just as you are doing now. Besides, I wanted to do this one on my own. I wanted to prove to you that I'm not a kid any more.' Shasa twiddled the gold pen on the pad in front of him and when he could think of no other criticism, he grumbled, 'You don't want to get too damned clever for your own good. There is a line between good business sense and outright gambling.' 'How do you tell the difference?' Garry asked. For a moment Shasa thought he was being facetious and then he realized that as usual Garry was deadly serious. He was leaning forward eagerly waiting for his father to explain, and he really wanted to know.

Shasa was saved by the entry of the other senior directors: Centaine on the arm of Dr Twenty-man-Jones and David Abrahams arguing amiably but respectfully with his father, and thankfully he let the subject drop. Once or twice during the meeting he glanced down the table at Garry, who was following all the discussion with a rapt expression, the light from the picture window reflecting a miniature image of the crest of Table Mountain in the lenses of his spectacles.

When all the business on the agenda had been completed and Centaine had started to rise to lead them through to the executive diningroom, Shasa arrested them.

'Madame Courtney and gentlemen, one additional piece of business. Mr Garry Courtney and I have been discussing the general state of the property market. We both feel that property and equities are very much undervalued at the moment and that the company should take advantage of this fact, but I'd like him to tell you in his own words and to put forward certain proposals. Would you oblige us please, Mr Courtney?' It was Shasa's own way of giving the lad a jolt and cutting him back a little. In the six months since his elevation, Garry had never been called upon to address the full board and now Shasa dropped it on him without warning and sat back with vindictive relish in his wing-backed leather chairman's throne and folded his arms.

At the bottom of the table Garry blushed furiously, and glanced longingly at the stinkwood door, his only escape, before giving the traditional salutation to his fellow directors.

'MaMa-dame Courtney and ge-ge-gentlemen.' He stopped and threw his father a pitiful look of appeal, but when he received a stern uncompromising frown in return, he took a deep breath and launched into it. He stumbled once or twice, but when first Abe Abrahams and then Centaine shot cutting questions at him, he forgot about his stutter and talked for forty-five minutes.

At the end they were silent for a while, and then David Abrahams said, 'I should like to propose that we appoint Mr Garrick Courtney to prepare a list of specific proposals to follow up the presentation that he has just made to this meeting, and to report back to us at an extraordinary meeting early next week, at a time convenient to all members of the board.' Centaine seconded, and it was adopted unanimously, and then David Abrahams ended, 'I should like the minutes to record the board's gratitude to Mr Courtney for his lucid address and to thank him for bringing these considerations to the board's attention.' The glow of achievement and recognition lasted Garry all the way down in the elevator to the basement garage where his MG stood in his private parking bay beside Shasa's Jaguar. It stayed with him all the way down Adderley Street to the lonely skyscraper of the Sanlam buildi g which stood on the open ground of the foreshore that had been reclaimed from the sea. Even going up in the lift to the twentieth floor of the Sanlam building he still felt tall and important and decisive. Only when he entered the reception area of Gantry, Carmichael and Associates did the vital glow begin to fade, and his stiff van Heusen collar bit painfully into the corded muscles of his bull neck.

The two pretty young girls at the desk showed him the full amount of deference due to one of the partnership's important clients, but by this time Garry was too nervous to take advantage of the chair he was offered and he wandered around the lobby pretending to admire the tall vases of proteas while surreptitiously checking his image in the floor-to-ceiling mirrors behind the floral display.

He had paid forty guineas off the peg for the double-breasted suit in his favourite Prince of Wales check, but the swell of his chest muscles made the lapels flare unevenly and the material rucked up around his biceps. He yanked at the cuffs in an attempt to smootl the sleeves, and then abandoned that effort and instead concentrated on trying to press his hair flat with the heel of his palm. He started guiltily as he saw in the mirror the door to the partners' sanctum open and Holly Carmichael come striding into the reception lobby.

As Garry turned to face her, all his recent bravado and confidence collapsed around him and he gawked at her. It was impossible but she was even more poised and chic than the vivid image of her he had carried with him since their last meeting.

Today she was wearing a blue and white striped Chanel suit with a pleated skirt that swirled around her calves, allowing just a flash of her perfect rounded knees as she came towards him. Her lightly tanned legs in sheer nylon had the patina of polished ivory, and her ankles and her wrists in the cuffs of the Chanel suit were elegantly turned, her feet and hands narrow and yet perfectly proportioned to her long willowy limbs.

She was smiling and Garry felt the same sensuous vertigo that he sometimes experienced after bench pressing five times his own bodyweight of iron. Her teeth were opalescent, and as her mouth formed his name and smiled, he watched it with breathless fascination.

She was as tall as he was, but he knew he could lift her with one hand and he quivered at the almost sacrilegious thought of taking this divine creature in his hands.

'Mr Courthey, I hope we haven't kept you waiting.' She took his arm, and led him towards her office. He felt like

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